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ITWARE

Active Private limited companyfounded 2002active for 24 yearsKokkelbeekstraat 43, 9100 Sint-NiklaasKBO/BCE: BE 0478.516.539
ITWARE
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Overview

Lifetime

18 annual accounts with figures on one time axis, 23 filings since 2003
peak €76,009 (2010)
€43,999▲ 16.8%
lowest -€40,496 (2011)
€4,844▲ 104%
peak €102,204 (2021)
€80,254▲ 6.4%
€173,682▼ 1.4%
peak 2.2 FTE (2009)
-not published
Board1 name since 2021
1 directorALEXANDER Xavier
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €37,665 to €43,999Result from €2,374 to €4,844Cash from €2,564 to €1,072

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Staff

1 employees on 31-12-2025
102021252022222023222024222025

In 2025, 2 people joined and 2 left.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Nine of the last ten came late. The 2019 accounts came latest: 399 days after the end of the period.

Checked score

68
Healthy
Financially stronger than 29% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% 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).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.3 percentage points vs 07-2025 09-2025: 1.9%▲ +0.3 percentage points vs 08-2025 10-2025: 2.5%▲ +0.6 percentage points vs 09-2025 11-2025: 2.7%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 1.9%▼ -0.8 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.8%▼ -0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.7%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%▼ -1.0 percentage point vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 0.7%▼ -0.6 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Average

57+2equity 31.6% of total assets
38-2short-term debt 29.4% · cash 0.4%
44+7return on assets 1.9%

Score breakdown

raises risk
Last filed accounts filed 60 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.53, cash €1,072, halved
lowers risk
Size: total assets €253,936
Sector: Computer programming, consultancy and related activities (NACE 62)
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 30% of them on solvency, 16% on liquidity, 20% on profitability and 52% on growth.

The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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, 17,041 companies had the same profile as ITWARE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ITWARE itself: 0.7% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,041 companies, not a prediction for ITWARE. 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 €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.53 (1.58 in 2024), above the usual 1.5. Short-term debt is 29.4% and cash 0.4% of total assets. However, 68.4% 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 · Last filed accounts filed 60 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.53, cash €1,072, halved
NBB · annual accounts
lowers risk · Size: total assets €253,936
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 · 10 filings
Deviation from the deadline
2025
60 days late
2024
98 days late
2023
78 days late
2022
84 days late
2021
177 days late
2020
164 days late
2019
399 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 151 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AX
ALEXANDER Xavier
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478516539
Registered office moved to Sint-Niklaas New registered office: Kokkelbeekstraat 43, 9100 Sint-Niklaas · Change of role: ALEXANDER Xavier, from manager to director · “Het verzorgen van alle mogelijke communicatiemedia; Het verzorgen van algemene events; Consulting; Aan- en…” (deed in Dutch) · General meeting of 15-05-2024 · Gazette deed
First establishment IT WARE, Kokkelbeekstraat 125, Sint-Niklaas
Incorporation published on 15-10-2002 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
ITWARE Sint-Niklaas €253,936 €43,999 31.6% -
TDC Consulting Services Ghent €269,552 €42,114 29.8% -
DB CONSULTING Etterbeek €273,365 €40,518 99.8% -
P.B. AUTOMOTIVE Hooglede €268,301 €50,183 35.7% -
IQIT Sint-Niklaas €281,927 €65,106 83.4% -
BaCeY Ninove €311,389 €36,229 85.1% -
MICHCOM Geraardsbergen €237,461 €53,125 55.9% -

These companies have the same main activity as ITWARE: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €237,000 and €311,000, founded between 1999 and 2008.

Official details

Source: KBO
Status
Active since 08-10-2002Normal situation
Activity
Other information technology and computer servicesNACE 62900and 1 other
Establishment unit
2.114.565.3569100 Sint-Niklaas, since 18-10-2002
Financial year end
31 December
Peppol
Reachable since 13-05-2025
Company details

Annual accounts 2025

€43,999▲ 16.8%
€4,844▲ 104%
€80,254▲ 6.4%
€253,936▲ 1.0%
Employeeson 31-12-2025
1=
Filing
Filed on 29-09-2026
Financials

Insights on ITWARE

ITWARE files the abbreviated format. That format states no turnover. The gross margin fell from €54,740 in 2007 to €43,999 in 2025.

The balance sheet grew most in 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 29-09-2026, 60 days late
€43,999
▲ 16.8%
€10,623
▲ 25.7%
€4,844
▲ 104%
€39,263
▼ 2.0%
31.6%
▲ 1.6 percentage points
1.53
▼ 0.05

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €110,000 and €210,000.

Balance sheet

balance sheet total €253,936 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

31.6%

Higher than 37% of 3,405 companies in 2025.

1.53

Higher than 42% of 3,266 companies in 2025.

1.9%

Higher than 34% of 3,314 companies in 2025.

ITWARE Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€22,512

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092007
Balance sheet: assets
20/58 253,936251,502261,912289,921133,644213,297192,056175,513157,514130,476138,815161,989144,681153,428141,941169,880183,428133,141
21/28 139,943142,375146,309149,4861,1351,1803,0374,9296,9488,4991,8298,47311,82515,3858,99111,3327,9916,533
22/27 138,893141,325145,259148,436851301,9873,8795,8987,4497797,42310,77514,3357,94110,2824,0213,413
22 136,680140,173143,666147,159--------------
23 1,0356679521,237------3979230380531682333525
24 1,17848564140851301,9873,8795,8987,4497397,34510,54513,9557,1389,0552,8712,888
26 --------------272545817-
28 1,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0501,0503,9703,120
29/58 113,993109,127115,603140,436132,509212,116189,019170,585150,565121,977136,986153,516132,857138,042132,949158,548175,437126,608
3 82,86284,00285,29089,27095,750143,068106,422137,32296,41091,32598,788110,99988,500113,693115,032125,488128,852105,783
30/36 82,86284,00285,29089,27095,750143,068106,422137,32296,41091,32598,788110,99988,500113,693115,032125,488128,852105,783
40/41 29,93922,44119,52245,54525,61957,98041,28618,45852,93128,90322,83217,03531,95623,66914,12326,60134,14218,643
40 18,11413,36312,47238,98618,90042,22729,5387,81743,03719,6918,3949,81624,29317,03210,44824,45734,10018,436
41 11,8259,0787,0506,5596,71915,75311,74810,6419,8949,21214,4387,2197,6636,6373,6752,14542207
54/58 1,0722,56410,6564,25311,02011,06841,31170651078815,03125,48112,0174183,1235,69012,443660
490/1 1201201361,367120--14,099714961335-384262671769-1,522
Balance sheet: equity and liabilities
10/49 253,936251,502261,912289,921133,644213,297192,056175,513157,514130,476138,815161,989144,681153,428141,941169,880183,428133,141
10/15 80,25475,41073,03676,399102,20497,65959,95757,76647,97440,60032,78453,32445,19755,04748,92189,4175,1632,692
10/11 50,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00050,00018,60018,600
100 ------50,00050,00050,00050,00050,00050,00050,00050,00050,00050,00018,60018,600
11 50,00050,00050,00050,00050,00050,000------------
1109/19 50,00050,00050,00050,00050,00050,000------------
13 48,84148,84148,84152,20452,20447,6599,9577,7663,3243,3243,3243,32449,12549,12549,12549,125--
130/1 2,3322,3322,3322,3322,3322,3322,332-----------
130 ------2,3322,2222,0002,0002,0002,000------
1311 2,3322,3322,3322,3322,3322,332------------
133 46,51046,51046,51049,87349,87345,3277,6255,5441,3241,3241,3241,32449,12549,12549,12549,125--
14 -18,587-23,432-25,806-25,806-----5,350-12,724-20,540--53,927-44,078-50,204-9,708-13,437-15,908
17/49 173,682176,092188,877213,52331,439115,638132,100117,748109,54089,876106,031108,66599,48498,38193,01980,464178,265130,449
17 98,940107,000114,815121,785---1,2663,3985,484-6164,44811,6905,16210,72391,35045,600
170/4 98,940107,000114,815121,785---1,2663,3985,484-6164,44811,6905,16210,72391,35045,600
42/48 74,73069,07974,04991,41831,439115,638132,100116,482106,14184,392106,031108,04994,83286,56487,70169,74186,91584,849
42 8,0607,8157,5958,006--1,2662,1322,0852,0409283,8123,2803,0522,3352,674--
43 5,7836,5527,952--2,409-9,4019,9265,1017,002-9,1037,4967,1092008,3777,021
430/8 5,7836,5527,952--2,409-9,4019,9265,1017,002-9,1037,4967,1092008,3777,021
44 47,67150,08743,89466,93811,12573,34295,16793,60170,78958,27893,099102,09471,93968,40869,07546,75067,25155,711
440/4 47,67150,08743,89466,93811,12573,34295,16793,60170,78958,27893,099102,09471,93968,40869,07546,75067,25155,711
46 6,357-5,553--13,95513,955-13,50012,600--542721----
45 6,6754,4418,87116,42420,31425,93321,71211,3479,8406,3745,0032,1439,9676,8879,18220,11611,28719,451
450/3 3,4851,7425,13513,06715,91322,88316,4314,7363,5683,6912,645341,9742682,71214,6109,10315,660
454/9 3,1902,6993,7363,3574,4013,0505,2806,6116,2732,6832,3572,1097,9936,6196,4705,5072,1843,791
47/48 18418418450-------------2,666
492/3 131313320--------204127157---
Income statement
76A ---1,500--826---2,702-------
9900 43,99937,66518,76150,48833,88872,42744,63442,32539,82743,05312,66244,69328,59644,51914,35076,00968,71254,740
62 27,01420,29928,07427,79123,89128,99936,85626,27026,60928,50231,99927,90330,88029,40629,05248,57659,44534,034
630 4,1594,0573,9579,571451,8572,0892,0492,2462,3889964,0464,0974,4353,2493,9761,8611,517
631/4 ---2,931-------------19,626
640/8 2,2034,8602,3503,5651,8333,8631,7199041,7261,0351,5453,5072,0131,0751,88411,0681,2951,543
66A ---309-------40-1,853----
9901 10,6238,449-15,6206,3208,11937,7083,97013,1029,24611,129-21,8789,237-8,3949,601-19,83612,3886,111-1,980
75/76B 0432280035012,3551,1100713591329776676423654914059
75 043228003509285100713591329776676423654914059
76B -----11,426600-----------
65/66B 5,4276,1585,3794,7409331,3311,1633,1981,7063,3942,2241,3672,2222,3872,0636,6893,8272,032
65 5,4276,1585,3794,7409331,3311,1633,1981,7061,3572,2241,3672,2222,3872,0636,6893,8272,032
66B ---------2,037--------
9903 5,1962,723-20,7191,5807,53648,7323,9179,9047,5487,870-20,4878,126-9,8496,125-21,6636,2482,424-3,953
67/77 352349-17,35627,3852,99111,0301,7261121745453---118,8332,519--
9904 4,8442,374-3,363-25,8064,54537,7022,1919,7927,3747,816-20,5408,126-9,8496,126-40,4963,7292,424-3,953
9905 4,8442,374-3,363-25,8064,54537,7022,1919,7927,3747,816-20,5408,126-9,8496,126-40,4963,7292,424-3,953
Appropriation of the result
9906 -18,587-23,432-29,168-25,8064,54537,7022,1914,442-5,350-12,724-20,540-45,801-53,927-44,078-50,204-9,708-13,437-15,908
14P -23,432-25,806-25,806---------------
791/2 --3,363--------47,801------
691/2 ----4,54537,7022,1914,442---2,000------
6920 ------110222---2,000------
6921 ----4,54537,7022,0814,220----------
Social balance sheet
9087 1.21.52.41.831.51.61111.21.11111.12.22.1
Hours worked1013 1,2711,1331,7441,6082642,0302,5971,7931,7721,7672,0351,8161,8001,8161,7542,6843,6213,437
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00531278.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 29-09-2026 2026-00531278 PDF
31-12-2024 micro format 06-11-2025 2025-00563463 PDF
31-12-2023 micro format 17-10-2024 2024-00509772 PDF
31-12-2022 micro format 23-10-2023 2023-00492383 PDF
31-12-2021 micro format 24-01-2023 2023-00002457 PDF
31-12-2020 micro format 11-01-2022 2022-00700542 PDF
31-12-2019 micro format 03-09-2021 2021-66200056 PDF
31-12-2018 micro format 23-10-2019 2019-71400594 PDF
31-12-2017 micro format 26-07-2018 2018-38100098 PDF
31-12-2016 micro format 28-09-2017 2017-64600389 PDF
31-12-2015 abbreviated format 23-09-2016 2016-61600558 PDF
31-12-2014 abbreviated format 24-09-2015 2015-60200108 PDF
31-12-2013 abbreviated format 25-06-2014 2014-22200519 PDF
31-12-2012 abbreviated format 05-07-2013 2013-28400120 PDF
31-12-2011 abbreviated format 06-07-2012 2012-27300515 PDF
31-12-2010 abbreviated format 04-07-2011 2011-27400209 PDF
30-06-2009 abbreviated format 08-02-2010 2010-03800338 PDF
30-06-2008 abbreviated format 28-01-2009 2009-02500242 PDF
30-06-2007 abbreviated format 14-02-2008 2008-04700229 PDF
30-06-2006 abbreviated format 10-01-2007 2007-01004723 PDF
30-06-2005 abbreviated format 22-12-2005 2005-91104601 PDF
30-06-2004 abbreviated format 29-12-2004 2004-89101904 PDF
30-06-2003 abbreviated format 23-07-2004 2004-50104202 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €2,000 awarded, €2,000 paid

Hinderpremie bij openbare werken
€2,000

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092007
14,78212,506-11,66415,8918,16539,5656,05815,15111,49213,516-20,88213,283-4,29714,037-16,58616,3657,972-463
9,0036,431594-16,2354,59139,5594,28011,8419,62010,204-19,54412,173-5,75310,561-37,2467,7064,285-2,436
1,074123780157,92200198306959,05860869553616,15490810,237696629
-1,492-8,0926,403-6,767-48-30,24340,606196-278-14,243-10,45013,46411,599-2,706-2,566-6,753--
39,26340,04841,55449,018101,06996,47856,91954,10344,42437,58530,95545,46738,02551,47945,24988,80888,52241,759
31.6%30.0%27.9%26.4%76.5%45.8%31.2%32.9%30.5%31.1%23.6%32.9%31.2%35.9%34.5%52.6%2.8%2.0%
1.531.581.561.544.211.831.431.461.421.451.291.421.401.591.522.272.021.49
0.420.360.410.561.170.600.630.290.510.360.360.390.470.280.200.470.540.25
2.162.342.592.790.311.182.202.042.282.213.232.042.201.791.900.9034.5348.46
6.0%3.1%-4.6%-33.8%4.4%38.6%3.7%17.0%15.4%19.3%-62.7%15.2%-21.8%11.1%-82.8%4.2%46.9%-146.8%
1.9%0.9%-1.3%-8.9%3.4%17.7%1.1%5.6%4.7%6.0%-14.8%5.0%-6.8%4.0%-28.5%2.2%1.3%-3.0%
2.722.03-2.173.358.75-------------

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11124
full-time11121
part-time----3
in full-time equivalents11121.9
1.21.52.41.81.9
On a permanent contract11112
Joined22221
Left22250

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,074-€780€157,922-
€4,159€4,057€3,957€9,571€45

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ITWARE

The operating result for 2025 is 26% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 70.0% to 68.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2024
ALEXANDER Xavier
Director (not named in the articles)
appointed by deed of 22-05-2024 term without a fixed end
earlier manager, until 22-05-2024
listed in the 2025 annual accounts, filed on 29-09-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
ALEXANDER Xavier
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • ALEXANDER Xavier
    • Director (not named in the articles), since before 31-12-2021
    • Manager, until 22-05-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€50,000
Source
2025 annual accounts

Articles of association

deed of 22-05-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Vermelde prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, voor helft overdrager en helft koper(s) naar evenredigheid…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 14:00

Network & group

No group

ITWARE has no parent and no holdings in its annual accounts. ALEXANDER Xavier is the only director. ITWARE shares no director with another company.

At the same address

Kokkelbeekstraat 43, 9100 Sint-Niklaas · 1 other company
VG-C INVESTMENTS
registered office since 22-12-2000 · founded in 2000
 total assets €19,459 (2026)
0473.162.337

Timeline

Timeline

36 events since 2002

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 60 days late
2025
Annual accounts 2024 filed PDFmicro format · 98 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0478516539
2024
Back to profit net €2,374 The net result is €2,374, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 78 days late
Registered office moved to Sint-NiklaasNew registered office: Kokkelbeekstraat 43, 9100 Sint-Niklaas · Change of role: ALEXANDER Xavier, from manager to director · “Het verzorgen van alle mogelijke communicatiemedia; Het verzorgen van algemene events; Consulting; Aan- en…” (deed in Dutch) · General meeting of 15-05-20245 points ▸
  • Director resignation, ALEXANDER Xavier (manager)
  • Director appointment, ALEXANDER Xavier (director (not named in the articles))
  • Director discharge, ALEXANDER Xavier
  • Registered-office move, Kokkelbeekstraat 43, 9100 Sint-Niklaas
  • General meeting, 15-05-2024
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 84 days late
Annual accounts 2021 filed PDFmicro format · 177 days late
2022
Annual accounts 2020 filed PDFmicro format · 164 days late
2021
Liquidity more than doubled current ratio 4.21 The current ratio rises from 1.83 to 4.21. Short-term debt falls from €115,638 to €31,439.
Equity above €100,000 equity €102,204 ▲4.7% After 6 profitable years in a row, equity reaches €102,204.
Annual accounts 2019 filed PDFmicro format · 399 days late
2020
Highest result from 2007 to 2025 net €37,702 ▲1,621% The operating result of €37,708 and the net result of €37,702 are both a record.
2019
Annual accounts 2018 filed PDFmicro format · 84 days late
2018
Annual accounts 2017 filed PDFmicro format · 5 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 59 days late
2016
Back to profit net €7,816 The net result is €7,816, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 54 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 55 days late
2014
Back to profit net €8,126 The net result is €8,126, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · 36 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 26 days before the deadline
2012
Back to profit net €6,126 The net result is €6,126, after one loss-making year.
Annual accounts 2011 filed PDFabbreviated format · 25 days before the deadline
2011
Weakest financial year net -€40,496 The net result drops to -€40,496, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFabbreviated format · 27 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 8 days late
2009
Back to profit net €2,424 The net result is €2,424, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 3 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 14 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 21 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
Annual accounts 2003 filed PDFabbreviated format
2002
First establishment IT WARE, Kokkelbeekstraat 125, Sint-Niklaas
Incorporation PDFpublished on 15-10-2002

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 8 October 2002, ITWARE was incorporated.1 In 2024 the registered office moved to Sint-Niklaas.2 Total assets went from €175,513 in 2018 to €253,936 in 2025 and headcount from 1 to 1.2 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-05-2024
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0478.516.539
VAT number
BE 0478.516.539
Peppol ID
0208:0478516539
Other Peppol ID
9925:BE0478516539
Legal form
Private limited company
Status
Active, normal situation
Founded
08-10-2002
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 14:00
deed of 22-05-2024 (in Dutch)
Peppol
Reachable since 13-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ITWARE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-05-2024 (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”
deed of 22-05-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
62900 Other information technology and computer services main activity
Social security (RSZ) activities
47400 Retail sale of information and communication equipment main activity
Codes under NACEBEL 2008
VAT activities
62090 Computer programming, consultancy and related activities main activity
Social security (RSZ) activities
47410 Retail trade main activity
Codes under NACEBEL 2003
VAT activities
72600 main activity
Social security (RSZ) activities
52487 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verzorgen van alle mogelijke communicatiemedia; Het verzorgen van algemene events; Consulting; Aan- en verkoop en ontwikkeling van…”
11 activities
  1. Het verzorgen van alle mogelijke communicatiemedia;
  2. Het verzorgen van algemene events;
  3. Consulting;
  4. Aan- en verkoop en ontwikkeling van software;
  5. Het leveren van alle diensten rechtstreeks of onrechtstreeks verbonden aan het voormelde en de aan- en verkoop van alle goederen,rechtstreeks of onrechtstreeks verbonden aan het voormelde.
  6. De inkoop en verkoop en verhuur van computers,software en hardware en films op alle soorten dragers;
  7. De inkoop en verkoop van allerhande speelgoed;
  8. De inkoop en verkoop en verhuur van computerspelletjes en spelconsoles;
  9. De inkoop en verkoop en verhuur van fototoestellen en fotomateriaal;
  10. Het verkopen van etenswaren,snacks,(alcoholische) dranken,oliën en aanverwante producten.
  11. Het leveren van alle diensten rechtstreeks of onrechtstreeks verbonden aan het voormelde en de aan- en verkoop van alle goederen,rechtstreeks of onrechtstreeks verbonden aan het voormelde.
deed of 22-05-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kokkelbeekstraat 43 registered office 9100 Sint-Niklaas
IT WARE Kokkelbeekstraat 125, 9100 Sint-Niklaas 46500 Wholesale of information and communication equipment 18-10-2002 2.114.565.356

Buildings and parcels at the addresses

Ground area
2,564 m²
Buildings
2,015 m²
Volume, LiDAR
30,641 m³
Tallest building
22.3 m
Buildings to scale, each on its own parcel
1,953 m², 22.3 m 1,953 m², 22.3 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
46443E1622/00D0002,418 m² 1 · 1,953 m² 22.3 m · 6
46444D0856/00H000146 m² 1 · 62 m² 11.8 m · 3

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