ITwin
ActiveSummary
ITwin has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €27k. Equity is growing by ~72.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency87▼-13
Growth78=
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 4.98 against 4.2 in 2024; short-term debt: 20.1% and cash: 38.1% of total assets), and 38% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
62%
Return on assets
19%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-04-2026, 119 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
119 d early
2024
7 d early
2023
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 44.2%
2024 · €60k
2023: €-978lowest in 3 years
2024: €60k▲ +6277% vs 2023
2025: €87k▲ +44.2% vs 2024highest in 3 years
2023 → 2025
Total assets
€140k▲ 77.1%
2024 · €79k
2023: €3klowest in 3 years
2024: €79k▲ +2914% vs 2023
2025: €140k▲ +77.1% vs 2024highest in 3 years
2023 → 2025
Net result
€27k▼ 56.5%
2024 · €61k
2023: €-3klowest in 3 years
2024: €61k▲ +1865% vs 2023highest in 3 years
2025: €27k▼ -56.5% vs 2024
2023 → 2025
Working capital
€112k▲ 85.8%
2024 · €60k
2023: €-978lowest in 3 years
2024: €60k▲ +6277% vs 2023
2025: €112k▲ +85.8% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-978-€60k€87k▲ 44.2%
2023: €-978lowest in 3 years
2024: €60k▲ +6277% vs 2023
2025: €87k▲ +44.2% vs 2024highest in 3 years
Operating result€-3k-€78k€63k▼ 18.7%
2023: €-3klowest in 3 years
2024: €78k▲ +2337% vs 2023highest in 3 years
2025: €63k▼ -18.7% vs 2024
Net result€-3k-€61k€27k▼ 56.5%
2023: €-3klowest in 3 years
2024: €61k▲ +1865% vs 2023highest in 3 years
2025: €27k▼ -56.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €140k
Equity
€87k ▲ 44.2%
Provisions
€25k
Debt
€28k ▲ 49.1%
Debt's share of the balance-sheet total falls from 23.8% to 20.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
4.98▲
2024 · 4.20
Debt to equity
0.32▲
2024 · 0.31
ROE
30.7%▼
2024 · 101.6%
ROA
19.0%▼
2024 · 77.4%
Debt ≤ 1 year
€28k▲
2024 · €19k
Income taxes
€14k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€140k▲
Current assets29/58€79k€140k▲
Amounts receivable after more than one year29€30k€31k▲
Other amounts receivable291€30k€31k▲
Amounts receivable within one year40/41€8k€14k▲
Trade receivables40€7k€14k▲
Other amounts receivable41€753€0▼
Current investments50/53€15k€40k▲
Cash at bank and in hand54/58€26k€53k▲
Deferred charges and accrued income490/1€853€2k▲
Equity and liabilities
Total equity and liabilities10/49€79k€140k▲
Equity10/15€60k€87k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€58k€85k▲
Provisions and deferred taxes16-€25k
Provisions for liabilities and charges160/5-€25k
Other liabilities and charges164/5-€25k
Amounts payable17/49€19k€28k▲
Amounts payable within one year42/48€19k€28k▲
Trade debts44€1k€745▼
Suppliers440/4€1k€745▼
Taxes, remuneration and social security45€18k€27k▲
Taxes450/3€18k€27k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€25k
Gross operating margin9900€78k€88k▲
Operating profit (loss)9901€78k€63k▼
Financial income75/76B€461€846▲
Recurring financial income75€461€846▲
Financial charges65/66B€91€23k▲
Recurring financial charges65€91€23k▲
Profit (loss) for the period before taxes9903€78k€41k▼
Income taxes67/77€17k€14k▼
Profit (loss) for the period9904€61k€27k▼
Profit (loss) for the period to be appropriated9905€61k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€85k▲
Profit (loss) brought forward from the previous period14P€-3k€58k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €25k | - |
| Gross operating margin9900 | €-3k | €78k | €88k | ▲ 13.7% |
| Operating profit (loss)9901 | €-3k | €78k | €63k | ▼ 18.7% |
| Financial income75/76B | - | €461 | €846 | ▲ 83.4% |
| Recurring financial income75 | - | €461 | €846 | ▲ 83.4% |
| Financial charges65/66B | €9 | €91 | €23k | ▲ 25,119% |
| Recurring financial charges65 | €9 | €91 | €23k | ▲ 25,119% |
| Profit (loss) for the period before taxes9903 | €-3k | €78k | €41k | ▼ 47.6% |
| Income taxes67/77 | - | €17k | €14k | ▼ 14.5% |
| Profit (loss) for the period9904 | €-3k | €61k | €27k | ▼ 56.5% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €61k | €27k | ▼ 56.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3k | €79k | €140k | ▲ 77.1% |
| Current assets29/58 | €3k | €79k | €140k | ▲ 77.1% |
| Amounts receivable after more than one year29 | - | €30k | €31k | ▲ 2.8% |
| Other amounts receivable291 | - | €30k | €31k | ▲ 2.8% |
| Amounts receivable within one year40/41 | €491 | €8k | €14k | ▲ 84.2% |
| Trade receivables40 | - | €7k | €14k | ▲ 105% |
| Other amounts receivable41 | €491 | €753 | €0 | ▼ 100% |
| Current investments50/53 | - | €15k | €40k | ▲ 167% |
| Cash at bank and in hand54/58 | €1k | €26k | €53k | ▲ 109% |
| Deferred charges and accrued income490/1 | €1k | €853 | €2k | ▲ 133% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3k | €79k | €140k | ▲ 77.1% |
| Equity10/15 | €-978 | €60k | €87k | ▲ 44.2% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-3k | €58k | €85k | ▲ 46.1% |
| Provisions and deferred taxes16 | - | - | €25k | - |
| Provisions for liabilities and charges160/5 | - | - | €25k | - |
| Other liabilities and charges164/5 | - | - | €25k | - |
| Amounts payable17/49 | €4k | €19k | €28k | ▲ 49.1% |
| Amounts payable within one year42/48 | €4k | €19k | €28k | ▲ 49.1% |
| Trade debts44 | €903 | €1k | €745 | ▼ 29.9% |
| Suppliers440/4 | €903 | €1k | €745 | ▼ 29.9% |
| Taxes, remuneration and social security45 | - | €18k | €27k | ▲ 53.8% |
| Taxes450/3 | - | €18k | €27k | ▲ 53.8% |
| Other amounts payable47/48 | €3k | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €61k | €27k | ▼ 56.5% |
| Operating cash flow (approximation) | €-3k | €61k | €27k | ▼ 56.5% |
| Change in cash | - | €24k | €28k | ▲ 13.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 4.20
Current ratio from 0.73 to 4.20.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2023
Ground area
1,514 m²
Building footprint
939 m²
Volume, LiDAR
13,786 m³
Parcel 21363B0440/00M002, Brussels · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
ITwin
since 20232.352.053.129
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0440/00M002 | Brussels | 1,513 m² | 1 · 939 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755000BDVRZIY8EF826
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,397 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.