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Mutual IT

Active
Non-profit associationfounded 1996active for 30 yearsLennikse Baan 788, 1070 Anderlecht, BelgiumKBO/BCE: BE 0457.789.619
Summary

Mutual IT has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424,765 and a net result of €424,765. Its solvency ranks better than 15% of 3,396 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-02-1996 Normal situation
Activity
Computer programming NACE 62100
Establishment unit
2.153.271.722 1070 Anderlecht, since 15-02-1996
Financial year end
31 December
Peppol
Reachable

Board and ownership

Auditor
E&Y

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€85.7m
▲ 0.1%
Surplus
€424,765
Equity
€424,765
Total assets
€29.0m
▼ 16.1%
Staff
366.9 FTE
▼ 2.7%
Score breakdownraises riskEquity €424,765 (1.5% of total assets)Liquidity: current ratio 1.45, cash €1.4m, halvedlowers riskLegal form: non-profit associationSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 31% of large companies in computer programming and consultancy (NACE 62)
Financial strength
Weak
Solvency 26
equity 1.5% of total assets
Liquidity 28
short-term debt 55.0% · cash 4.8%
Profitability 58
return on assets 1.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (39 companies, NACE 62, large)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.45 (1.52 in 2024), below the usual 1.5. Short-term debt is 55% and cash 4.8% of total assets. 98.5% of the assets are financed with debt and provisions.
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, large). It does better than 5% of them on solvency, 38% on liquidity, 41% on profitability and 42% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Equity €424,765 (1.5% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.45, cash €1.4m, halved
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3396 sector peers (2025).
NBB · sector comparison
Position among 3396 sector peers
Solvency
better than 15%
← weakest strongest →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
59 days early
2023
62 days early
2022
52 days early
2021
33 days early
2020
38 days early
2019
31 days early
← 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 48 days before 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 2 June (5 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
05-11-2026 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

Key points

  • Positive: Back in profit in 2025after a loss of €299,852 in 2024 €424,765 View
  • Caution: Lower solvency than 85% of companies in computer programming and consultancysector median 46.4% · 3,396 companies 1.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 4 years of growth in a rowturnover 2025: €85.7m 4 years View
  • Public contracts awardedto 29 suppliers, 2018 to 2026 44 awards View
  • New directorlatest change 10-12-2025 · 8 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Nicolas VAN KERSCHAVER (director)
  2. · Gazette deed 3 directors appointed, 4 directors resigningResignations: Christian ROULLING, FRAITURE David and 2 others · Appointments: Rik SELLESLAGHS, DE DREE Francis and COOLEN Tom
  3. · Gazette deed 2 directors appointed, 2 directors resigningAppointments: Joachim Snyers (director) and Daniel Pfeiffer (director) · Resignations: Anouk Devriese (director) and Hubert Heck (director) · Reappointment: E&Y (company auditor)
All 31 events

Comparable companies

These companies have the same main activity as Mutual IT: computer programming (NACE 62100). They are comparable in size and age: total assets between €26m and €44m, founded between 1985 and 2006.

CompanyTotal assetsTurnover
Mutual IT Anderlecht€29.0m€85.7m
PROTIME Mechelen€36.3m€53.9m
Liantis corporate Bruges€37.5m€95.5m
IRISteam Saint-Josse-ten-Noode€35.0m€86.7m
AXXES Antwerp€43.9m€67.1m
PROMATIC-B Aalter€37.6m€55.2m
CIVADIS Namur€26.5m€38.2m
Full comparison

Key facts about Mutual IT

What is the company number of Mutual IT?
The company number of Mutual IT is 0457.789.619. The VAT number is the same number with BE in front: BE 0457.789.619.
Where is Mutual IT based?
The registered office is at Lennikse Baan 788, 1070 Anderlecht.Company details
What does Mutual IT do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Mutual IT?
Mutual IT is a non-profit association (VZW).
When was Mutual IT founded?
Mutual IT was founded on 15-02-1996.
Is Mutual IT still active?
Yes, Mutual IT is an active enterprise in the KBO register.
How many employees does Mutual IT have?
Mutual IT had an average of 366.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mutual IT?
The turnover of Mutual IT was €85.7m in financial year 2025, according to the filed annual accounts.
Is Mutual IT profitable?
In financial year 2025, Mutual IT made a profit of €424,765.
Where can I find the annual accounts of Mutual IT?
Mutual IT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mutual IT due?
Mutual IT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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