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Target IT Recruitment

Active
Private limited companyfounded 2004active for 22 yearsGeneraal De Wittelaan 9, 2800 Mechelen, Belgium16 active companies are registered at this addressKBO/BCE: BE 0866.486.548
Summary

Target IT Recruitment has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€201,130) and a net result of -€24,624. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 374 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
Target IT RecruitmentActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Employment placement agencies
NACE 78100
1 site
Size
€23,474total assets 2025
Equity
-€201,130
Loss
-€24,624
Turnover not published (abbreviated format)Net result +82%: 12-month year
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
CONTRACT I.T. · 100%
  • ElmosGroupDirector · permanent representative Eduard Lambaerts
2025 accounts 43 days early2 of 17 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€201,130Loss of €24,624, the second in a row (financial year 2025)lowers riskSize: total assets €23,474Founded in 2004Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 78, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -856.8% of total assets
Liquidity 23-27
short-term debt 956.8% · cash 18.4%
Profitability 0=
return on assets -104.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,375 companies, NACE 78, micro)
Last 24 months 11-2024: 1.7% 12-2024: 2.1%▲ +0.4 percentage points vs 11-2024 01-2025: 2.2%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 2.2%● unchanged vs 01-2025highest value 03-2025: 2.2%● unchanged vs 02-2025highest value 04-2025: 2.2%● unchanged vs 03-2025highest value 05-2025: 2.2%● unchanged vs 04-2025highest value 06-2025: 2.2%● unchanged vs 05-2025highest value 07-2025: 2.2%● unchanged vs 06-2025highest value 08-2025: 2.2%● unchanged vs 07-2025highest value 09-2025: 2.1%▼ -0.1 percentage points vs 08-2025 10-2025: 2.0%▼ -0.1 percentage points vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 1.9%▼ -0.1 percentage points vs 11-2025 01-2026: 0.9%▼ -1.0 percentage point vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.8%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.07, compared with 0.26 in 2024, below 1; short-term debt: 956.8% and cash: 18.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 78, micro): better than 5% on solvency, 15% on liquidity, 8% on profitability and 29% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €23,474
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€201,130
NBB · annual accounts
raises risk · Loss of €24,624, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222425
2018 to 2025 · latest year -€201,130
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
36 days early
2022
35 days early
2021
53 days early
2020
37 days early
2019
46 days late
2018
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 78) for financial year 2024 is 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end26-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsResignation: Mattrick Consulting (director) ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€201,130 View
  • Caution: Among the weakest 5% on solvencysector median 24.0% · 374 companies -856.8% View
  • Result rose in 202512-month financial year ▲ 82.0% View
  • Caution: A director leftlatest change 12-11-2025 · 1 in office 1 left View
  • Controlled by CONTRACT I.T. 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€24,624 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€23,474
Loss
-€24,624
Solvency
-856.8%
Total assets▼ 69.3%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2006
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 28-12-2023Amendment of the articles
  3. 26-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Employment placement agenciesNACE 78100
Founded
22-07-2004
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Target IT Recruitment

What is the company number of Target IT Recruitment?
0866.486.548. In Belgium the VAT number is the company number with BE in front: BE 0866.486.548.
Where is Target IT Recruitment based?
The registered office is at Generaal De Wittelaan 9, 2800 Mechelen.Company details
What does Target IT Recruitment do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of Target IT Recruitment?
Private limited company (BV).
When was Target IT Recruitment founded?
On 22-07-2004.
Is Target IT Recruitment still active?
Yes, Target IT Recruitment is an active enterprise in the KBO register.
How many employees does Target IT Recruitment have?
On average 1.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Target IT Recruitment?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Target IT Recruitment profitable?
In financial year 2025, Target IT Recruitment made a loss of €24,624.
Where can I find the annual accounts of Target IT Recruitment?
Target IT Recruitment filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Target IT Recruitment due?
By 31-01-2027, for financial year 2026.Timeline

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