Turnover
≈ €140,000 estimated
The micro format states no turnover.
ITSO
Overview
Lifetime
1 annual account with figurespeak €42,609 (2025)
€42,609
peak €31,663 (2025)
€31,663
peak €61,663 (2025)
€61,663
€16,205
Board2 names since 2025
2 directorsVAN GUCHT Willem Jean-Dominique Ginette and 1 other
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Incorporation 30-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accounts2025 accounts filed 24 days after the deadline
Checked score
98
Excellent
Financially stronger than 83% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 0.4%
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.4%● unchanged vs 07-2026highest value
09-2026: < 0.1%▼ -0.4 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 4.81, cash €60,154
Equity €61,663 (79.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 82% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as ITSO has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ITSO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for ITSO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 4.81, above the usual 1.5. Short-term debt is 20.8% and cash 77.3% of total assets. 20.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
24 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- WE AND WORK 500 sharesdeed of 30-01-2025
- VAN GUCHT Willem Jean-Dominique Ginette 500 sharesdeed of 30-01-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019286589
Incorporation
Founding capital of €30,000, 1,000 shares · Founders: WE AND WORK and VAN GUCHT Willem Jean-Dominique Ginette · Appointments: VAN GUCHT Willem Jean-Dominique Ginette (director) and VERMEULEN Tinie (director) · published on 30-01-2025 · Gazette deed
First establishment
Lodewijk Van Berckenlaan 171, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ITSO Antwerp | €77,868 | €42,609 | 79.2% | - |
| Build 4 People Kasterlee | €86,288 | €44,727 | 64.5% | - |
| Cainam Networking Lier | €81,582 | €40,149 | 37.4% | - |
| IT-CONSULENT Bornem | €85,474 | €38,908 | 80.5% | - |
| FraBu Puurs-Sint-Amands | €72,656 | €37,913 | 30.9% | - |
| Consulens Olen | €69,227 | €42,881 | 39.8% | - |
| KLIMAX CONSULTING Herselt | €74,975 | €49,283 | 39.6% | - |
These companies have the same main activity as ITSO: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €69,200 and €86,300, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 28-01-2025Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.369.364.2632140 Antwerp, since 28-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 08-04-2025
Insights on ITSO
ITSO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,663 and a net result of €31,663.
Its solvency ranks better than 74% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-08-2026, 24 days late€42,609
€42,159
€31,663
€61,663
79.2%
4.81
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €120,000 and €200,000.
Balance sheet
balance sheet total €77,868 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
79.2%
Higher than 74% of 21,208 companies in 2025.
4.81
Higher than 74% of 20,571 companies in 2025.
40.7%
Higher than 78% of 20,746 companies in 2025.
ITSO
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
77,868 | |
29/58 |
77,868 | |
40/41 |
17,714 | |
40 |
17,571 | |
41 |
144 | |
54/58 |
60,154 | |
| Balance sheet: equity and liabilities | ||
10/49 |
77,868 | |
10/15 |
61,663 | |
10/11 |
30,000 | |
13 |
31,663 | |
133 |
31,663 | |
17/49 |
16,205 | |
42/48 |
16,205 | |
44 |
15,677 | |
440/4 |
15,677 | |
45 |
528 | |
450/3 |
528 | |
| Income statement | ||
9900 |
42,609 | |
640/8 |
450 | |
9901 |
42,159 | |
75/76B |
90 | |
75 |
90 | |
65/66B |
31 | |
65 |
31 | |
9903 |
42,218 | |
67/77 |
10,554 | |
9904 |
31,663 | |
9905 |
31,663 | |
| Appropriation of the result | ||
9906 |
31,663 | |
691/2 |
31,663 | |
6921 |
31,663 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418036.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00418036 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 61,663 | ||
| 79.2% | ||
| 4.81 | ||
| 0.26 | ||
| 51.3% | ||
| 40.7% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ITSO
Debt's share of the balance-sheet total is 20.8%.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 28-01-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 24-08-2026
Director (not named in the articles)
since 28-01-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 24-08-2026
Mandates through the years
2 names, the dashed line is todayVAN GUCHT Willem Jean-Dominique Ginette
Director (not named in the articles)
Director (not named in the articles)
VERMEULEN Tinie
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VAN GUCHT Willem Jean-Dominique Ginette
- Director (not named in the articles), from 28-01-2025 to date
- VERMEULEN Tinie
- Director (not named in the articles), from 28-01-2025 to date
Control
This company
ITSO
Equity €61,663
Profit €31,663 in 2025
Capital
- Contribution
- €30,000
- Shares
- 1,000
- Contribution per share
- €30
- Equity per share
- €61.66 in 2025
- Source
- deed of 30-01-2025
Articles of association
deed of 30-01-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of June at 10:00
Shareholders
At incorporation
deed of 30-01-2025 ↗
- WE AND WORK (BE 0505.788.583) 500 shares (50%)
- VAN GUCHT Willem Jean-Dominique Ginette 500 shares (50%)
Network & group
No group
ITSO has no parent and no holdings in its annual accounts. ITSO shares no director with another company.
At the same address
Lodewijk Van Berckenlaan 171, 2140 Antwerp · 8 other companies| FASANO
registered office since 25-06-1993 · founded in 1992 |
total assets €240,887 (2025) 0448.264.714 |
| InFormation Consulting
registered office since 13-01-2023 · founded in 2023 |
total assets €203,487 (2025) 0797.128.974 |
| BGRTS
registered office since 21-11-2023 · founded in 2023 |
total assets €111,222 (2025) 1002.517.863 |
| Herbosch, Judith (sole trader)
establishment since 02-01-2025 |
founded in 2025 1017.412.907 |
| Bivacco, Melanie (sole trader)
establishment since 16-03-2023 |
founded in 2023 0799.624.943 |
| Vereniging van Mede-eigenaars van "Residentie Green Park 2" te 2140 Antwerpen-Borgerhout, Lode Van Berckenlaan 171-177
registered office since 01-12-2019 |
founded in 1995 0828.595.081 |
| Belgian Big Game Federation
registered office since 22-02-2002 |
founded in 2002 0477.180.018 |
| Vereniging van Mede-eigenaars van het garagecomplex GREEN PARK II - Blok V te 2140 Antwerpen-Borgerhout, Lode Van Berckenlaan - Valkenputstraat
registered office since 01-08-1995 |
founded in 1995 0883.577.057 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 24 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1019286589
IncorporationFounding capital of €30,000, 1,000 shares · Founders: WE AND WORK and VAN GUCHT Willem Jean-Dominique Ginette · Appointments: VAN GUCHT Willem Jean-Dominique Ginette (director) and VERMEULEN Tinie (director) · published on 30-01-20255 points ▸
- Founder, WE AND WORK
- Founder, VAN GUCHT Willem Jean-Dominique Ginette
- Founding capital, €30,000, 1,000 shares
- Director appointment, VAN GUCHT Willem Jean-Dominique Ginette (director (not named in the articles))
- Director appointment, VERMEULEN Tinie (director (not named in the articles))
- The deed holds 2 more points.
First establishment Lodewijk Van Berckenlaan 171, Antwerp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1019.286.589
- VAT number
- BE 1019.286.589
- Peppol ID
- 0208:1019286589
- Other Peppol ID
- 9925:BE1019286589
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 28-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of June at 10:00deed of 30-01-2025 (in Dutch)
- Peppol
- Reachable since 08-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ITSO in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-01-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”“Lodewijk Van Berckenlaan 171 bus 9, 2140 Antwerpen (Borgerhout)”deed of 30-01-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
62200
Computer consultancy and computer facilities management main activity
Social security (RSZ) activities
62200
Computer consultancy and computer facilities management main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van advies, consultancy, diensten en voorlichting aan natuurlijke personen en rechtspersonen in zowel de privé- als de openbare…”deed of 30-01-2025 (in Dutch)
6 activities
- Het verlenen van advies, consultancy, diensten en voorlichting aan natuurlijke personen en rechtspersonen in zowel de privé- als de openbare sector, in binnen- en buitenland, met betrekking tot bedrijfsprocessen, informaticasystemen en het internet.
- Het analyseren, optimaliseren en automatiseren van bedrijfsprocessen door middel van technologische en organisatorische oplossingen, waaronder cloudgebaseerde toepassingen, procesoptimalisaties en het vervangen van repetitieve taken door geautomatiseerde systemen.
- De analyse, ontwikkeling, commercialisering en exploitatie van software en hardware, evenals alle handelingen omtrent de in-, verkoop en verhuur van computermateriaal en informaticatechnologie.
- Het leveren van totaaloplossingen op het gebied van informaticatechnologie, waaronder het ontwikkelen en beheren van websites, het opzetten en beheren van cloudtoepassingen en het implementeren van IT-systemen.
- Het organiseren en uitvoeren van opleidingen met betrekking tot informaticatechnologie en informaticamanagement, alsook het bieden van gerelateerde consultancy en ondersteuning.
- Het verstrekken van algemeen managementadvies en consultancy op het vlak van strategie, beheer, beleid en organisatie van ondernemingen en vennootschappen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lodewijk Van Berckenlaan 171 registered office 2140 Antwerp | 28-01-2025 | 2.369.364.263 |
Buildings and parcels at the address
- Ground area
- 3,867 m²
- Buildings
- 1,094 m²
- Volume, LiDAR
- 26,990 m³
- Tallest building
- 27.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11313B0859/00X016 | 3,867 m² | 1 · 1,094 m² | 27.8 m · 9 |