ITTECH
ActiveITTECH has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €303k and a net result of €83k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 43% of 2252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency63▲+18
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.33 in 2024), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d late
2023
29 d late
2022
30 d late
2021
3 d early
2020
31 d late
2019
98 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€303k▲ 37.7%
2024 · €220k
2018: €640k
2019: €642k
2020: €643k
2021: €642k
2022: €642k
2023: €754k
2024: €220k
2018 → 2025
Total assets
€924k▲ 5.7%
2024 · €874k
2018: €781k
2019: €826k
2020: €889k
2021: €768k
2022: €799k
2023: €800k
2024: €874k
2018 → 2025
Net result
€83k▲ 7.3%
2024 · €77k
2018: €31k
2019: €28k
2020: €83k
2021: €85k
2022: €83k
2023: €111k
2024: €77k
2018 → 2025
Working capital
€301k▲ 38.3%
2024 · €218k
2018: €495k
2019: €571k
2020: €643k
2021: €566k
2022: €575k
2023: €723k
2024: €218k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€642k-€642k=€754k▲ 17.3%€220k▼ 70.8%€303k▲ 37.7%
Operating result€121k-€116k▼ 3.9%€150k▲ 29.2%€98k▼ 34.6%€105k▲ 6.5%
Net result€85k-€83k▼ 1.7%€111k▲ 34.1%€77k▼ 30.5%€83k▲ 7.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €924k
Fixed assets
€2k▼ 23.2%
Current assets
€922k▲ 5.8%
Equity and liabilities €924k
Equity
€303k▲ 37.7%
Debt
€621k▼ 5.0%
The debt ratio falls from 74.8% to 67.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€105k▼
2024 · €129k
Cash flow
€84k▼
2024 · €108k
Solvency
32.8%▲
2024 · 25.2%
Current ratio
1.49▲
2024 · 1.33
Quick ratio
1.49▲
2024 · 1.33
Debt / equity
2.05▼
2024 · 2.97
ROE
27.4%▼
2024 · 35.1%
ROA
9.0%▲
2024 · 8.8%
Interest coverage
540.79▼
2024 · 3407.70
Debt
€621k▼
2024 · €654k
Debt ≤ 1 year
€621k▼
2024 · €654k
Income taxes
€31k▲
2024 · €30k
Staff costs
€284k▲
2024 · €263k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€874k€924k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€166-
Current assets29/58€872k€922k▲
Amounts receivable after more than one year29€400k€400k=
Other amounts receivable291€400k€400k=
Amounts receivable within one year40/41€42k€16k▼
Trade receivables40€34k€9k▼
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€419k€497k▲
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€874k€924k▲
Equity10/15€220k€303k▲
Contributions10/11€100k€100k=
Reserves13€120k€203k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€101k€184k▲
Profit (loss) carried forward14€150€143▼
Amounts payable17/49€654k€621k▼
Amounts payable within one year42/48€654k€621k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€41k€38k▼
Taxes450/3€23k€18k▼
Remuneration and social security454/9€18k€20k▲
Other amounts payable47/48€611k€580k▼
Income statement
Code20242025
Remuneration, social security and pensions62€263k€284k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€518▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€394k€391k▼
Operating profit (loss)9901€98k€105k▲
Financial income75/76B€9k€9k▼
Recurring financial income75€9k€9k▼
Financial charges65/66B€38€195▲
Recurring financial charges65€38€195▲
Profit (loss) for the period before taxes9903€108k€114k▲
Income taxes67/77€30k€31k▲
Profit (loss) for the period9904€77k€83k▲
Profit (loss) for the period to be appropriated9905€77k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€83k▲
Profit (loss) brought forward from the previous period14P€761€150▼
Transfer from equity791/2€611k-
Transfer to equity691/2€78k€83k▲
To other reserves6921€78k€83k▲
Profit to be distributed694/7€611k-
Return on contributions (dividend)694€611k-
Social balance
Average headcount (FTE)90873.73.7=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €111k ▲34.1%
Operating result €150k, net result €111k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 16.76
Current ratio from 4.67 to 16.76; short-term debt falls from €157k to €46k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €28k ▼9.2%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
PLASSCHAERT INVEST NV
CurrentDirector · since 18-01-2023 · Legal entity · perm. rep.: Jean Marie PLASSCHAERT
18-01-2023
PLASSCHAERT INVEST NV: Appointed as Director
18-01-2023
Jean Marie PLASSCHAERT: Resigned as Director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosstraat 549820 Merelbeke-MelleGround area
101 m²
Building footprint
231 m²
Volume, LiDAR
1,286 m³
Parcel 44058B0359/00R000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bosstraat 54 A, 9820 Merelbeke
since 20032.126.670.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44058B0359/00R000 | Flanders | 101 m² | 1 · 231 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0897.428.162
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LIBERO FINANCIAL AND BUSINESS CONSULTANCY
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SWATT
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Of 24,420 companies in sector 82990 we hold annual accounts for 9,359. 6,482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2003
Fiscal year end31-12
Activities, NACEBEL
80424
82990Other business support services
92613
93110Operation of sports facilities
01220
01430Raising of horses and other equines
74501
78100Employment placement agencies
85510Sports and recreation education
92622
92623
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.