ITTE
ActiveThe file of ITTE contains 3 judicial reorganisation notices and 1 administrative flag, as published in the Belgian State Gazette.
Summary
During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. For ITTE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €643,182 and a net result of -€7,826. Equity is growing by ~9.8% per year across the filed fiscal years.
Overview
- Equity
- €643,182
- Loss
- -€7,826
- Holdings
- 1
Signals- Two or more financial years not filed- Administrative warnings in the KBO publicationsEarlier reorganisation (closed)Latest accounts filed on timeShow the evidence
Checked score
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
Signals
This company filed its last 5 accounts on average 219 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
- Reorganisation plan revokedOndernemingsrechtbank Gent, afdeling Kortrijk ·…
- Address struckGrote Heerweg 312 L’adresse du…
- Plan homologationOndernemingsrechtbank Gent · event 11-02-2025
Financials · fiscal year 2023, micro schema
2019 to 2023, 5 fiscal years 2018 to 2023, 6 fiscal years
The operating result turns negative in 2023: a loss of €4,995 after €54,466 in 2022, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €80,948 | €10,670 | ▼ 86.8% |
| Non-recurring operating income76A | - | - | - | - | €5,750 | €29,446 | ▲ 412% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €10,191 | €22,808 | ▲ 124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,954 | €14,954 | €14,439 | €17,911 | €21,391 | €22,013 | ▲ 2.9% |
| Other operating charges640/8 | - | - | €678 | €730 | €650 | €290 | ▼ 55.4% |
| Gross operating margin9900 | €77,758 | €69,436 | €160,287 | €66,000 | €76,507 | €17,307 | ▼ 77.4% |
| Operating profit (loss)9901 | €89,356 | €46,939 | €145,169 | €47,360 | €54,466 | -€4,995 | ▼ 109% |
| Recurring financial income75 | €0 | €150,000 | - | - | - | - | - |
| Financial charges65/66B | - | - | €10,942 | €3,864 | €4,143 | €2,831 | ▼ 31.7% |
| Recurring financial charges65 | €44,748 | €11,770 | €10,942 | €3,864 | €4,143 | €2,831 | ▼ 31.7% |
| Profit (loss) for the period before taxes9903 | €44,608 | €185,170 | €134,228 | €43,496 | €50,323 | -€7,826 | ▼ 116% |
| Transfer to deferred taxes680 | - | - | €22,493 | - | - | - | - |
| Income taxes67/77 | €9,342 | €8,085 | €4,860 | €11,774 | €12,773 | - | - |
| Profit (loss) for the period9904 | €35,266 | €177,085 | €106,875 | €31,721 | €37,550 | -€7,826 | ▼ 121% |
| Transfer to tax-exempt reserves689 | - | - | €89,970 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €35,266 | €177,085 | €16,905 | €31,721 | €37,550 | -€7,826 | ▼ 121% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.0m | €1.0m | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 6.3% |
| Fixed assets21/28 | €1.0m | €0.9m | €0.9m | €1.0m | €1.0m | €0.9m | ▼ 2.3% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | ▼ 6.9% |
| Land and buildings22 | - | - | €0.3m | €0.4m | €0.3m | €0.3m | ▼ 6.9% |
| Financial fixed assets28 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Current assets29/58 | €0.04m | €0.04m | €0.1m | €0.03m | €0.07m | €0.02m | ▼ 65.2% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 15.7% |
| Trade receivables40 | - | - | €395 | €395 | €395 | €32 | ▼ 92.0% |
| Other amounts receivable41 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 18.3% |
| Cash at bank and in hand54/58 | €0.01m | €0.007m | €0.1m | €0.008m | €0.05m | €0.004m | ▼ 92.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 6.3% |
| Equity10/15 | €0.3m | €0.5m | €0.6m | €0.6m | €0.7m | €0.6m | ▼ 1.2% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | €0.3m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 1.4% |
| Provisions and deferred taxes16 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.02m | - |
| Pensions and similar obligations160 | - | - | - | - | - | €0.02m | - |
| Deferred taxes168 | - | - | €0.02m | €0.02m | €0.02m | - | - |
| Amounts payable17/49 | €0.7m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 15.9% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 0.5% |
| Financial debts170/4 | - | - | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 0.5% |
| Amounts payable within one year42/48 | €0.3m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 26.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.08m | €0.1m | €0.08m | €0.05m | ▼ 43.6% |
| Trade debts44 | €0.04m | €0.03m | €0.07m | €0.04m | €0.007m | - | - |
| Suppliers440/4 | - | - | €0.07m | €0.04m | €0.007m | - | - |
| Taxes, remuneration and social security45 | - | - | €0.005m | €0.02m | €0.03m | €0.03m | = |
| Taxes450/3 | - | - | €0.005m | €0.02m | €0.03m | €0.03m | = |
| Other amounts payable47/48 | - | - | €0.1m | €0.08m | €0.1m | €0.08m | ▼ 13.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,266 | €177,085 | €106,875 | €31,721 | €37,550 | -€7,826 | ▼ 121% |
| + Depreciation and write-downs630 | €14,954 | €14,954 | €14,439 | €17,911 | €21,391 | €22,013 | ▲ 2.9% |
| Operating cash flow (approximation) | €50,220 | €192,038 | €121,314 | €49,633 | €58,941 | €14,186 | ▼ 75.9% |
| Investment in fixed assets (approximation) | - | €0 | -€5,527 | -€104,737 | €23,994 | €0 | ▼ 100% |
| Change in cash | - | -€2,910 | €115,299 | -€113,721 | €41,353 | -€45,916 | ▼ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
99%
According to the 2021 annual accounts of ITTE and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 1 Gazette act processed.
History
Acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 5 October 2026 · Peppol Directory
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Sites & property
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0066/00R000 | Flanders | 314 m² | 1 · 177 m² | 11.6 m · 2 fl. |