IT PRO

Open bankruptcy

Public limited companyfounded 1992Noorderlaan 79, 2030 Antwerpen, BelgiumKBO/BCE: BE 0446.491.988

A bankruptcy procedure is open for IT PRO according to publications in the Belgian State Gazette; curator: ILSE MERTENS.

Summary

The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show negative equity (€-21.90M) and a net result of €904k.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 21-10-2021, 10 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

10 d early

2020

60 d late

2019

48 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2021, full schema

Turnover

€15k▼ 100.0%

2020 · €123.21M

2019: €240.12M 2020: €123.21M

2019 → 2021

EBIT margin

249.5%▲ 259.3pp

2020 · -9.7%

2019: -6.1% 2020: -9.7%

2019 → 2021

Net result

€904k

2020 · €-13.14M

2019: €-16.78M 2020: €-13.14M

2019 → 2021

Working capital

€-21.96M▲ 4.0%

2020 · €-22.88M

2019: €-6.30M 2020: €-22.88M

2019 → 2021

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201920202021Trend

Turnover€240.12M-€123.21M▼ 48.7%€15k▼ 100.0%

Equity€-9.67M-€-22.81M▼ 136%€-21.90M▲ 4.0%

Operating result€-14.56M-€-11.98M▲ 17.7%€38k

Net result€-16.78M-€-13.14M▲ 21.7%€904k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2021: €38k after a loss of €11.98M in 2020, the highest result in the available series.

Balance-sheet composition

2021 in colour, 2020 as the grey bar beneath

Assets €848k

91.7%

Fixed assets €70k ▼ 20.6%

Current assets €778k ▼ 86.7%

Key figures and ratios

2021 value · change against 2020

Current ratio

0.03▼

2020 · 0.20

ROA

106.6%▲

2020 · -221.4%

Debt

€22.74M▼

2020 · €28.73M

Debt ≤ 1 year

€22.74M▼

2020 · €28.73M

Income taxes

€16k

A ratio outside any meaningful range has been withheld (balance sheet total €848k, equity €-21.90M).

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 · 2021 against 2020 · 24 lines

Balance sheet Code20202021

Assets

Total assets20/58€5.93M€848k▼

Fixed assets21/28€89k€70k▼

Financial fixed assets28€89k€70k▼

Current assets29/58€5.84M€778k▼

Amounts receivable within one year40/41€4.72M€252k▼

Cash at bank and in hand54/58€1.11M€26k▼

Equity and liabilities

Total equity and liabilities10/49€5.93M€848k▼

Equity10/15€-22.81M€-21.90M▲

Contributions10/11€2.60M€2.60M=

Reserves13€2.80M€2.80M=

Profit (loss) carried forward14€-28.20M€-27.30M▲

Provisions and deferred taxes16€10k€10k=

Amounts payable17/49€28.73M€22.74M▼

Amounts payable within one year42/48€28.73M€22.74M▼

Trade debts44€11.14M€11.38M▲

Income statement Code20202021

Turnover70€123.21M€15k▼

Operating profit (loss)9901€-11.98M€38k▲

Recurring financial income75€13k€10k▼

Recurring financial charges65€1.21M€246k▼

Debt charges650€427k€208k▼

Profit (loss) for the period before taxes9903€-13.18M€920k▲

Income taxes67/77-€16k

Profit (loss) for the period9904€-13.14M€904k▲

Profit (loss) for the period to be appropriated9905€-12.65M€904k▲

Timeline · acts, filings and financial milestones

All 13Signals 2Financial 1Filings 10

2022

24-01

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-12-2021

2021

21-10

NBB filing Annual accounts filed

fiscal year 2021 · full schema

31-03

Financial Back to profitnet €904k

Net result €904k after 2 loss-making years.

2020

30-12

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 60 days late

2019

18-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 48 days late

09-08

Judicial reorganisation Opening

Ondernemingsrechtbank Antwerpen · collective agreement · event 06-08-2019

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 52 days late

2017

10-03

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

23-03

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

27-01

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

17-03

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

30-01

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

11-02

NBB filing Annual accounts filed

fiscal year 2011 · full schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 16 acts read

About the unread acts

We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

16 acts for this company are 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, Antwerpen · 1 establishment unit since 2012

seat establishment The establishment unit on the map

Ground area

1.0 ha

Building footprint

4,496 m²

Volume, LiDAR

50,522 m³

Parcel 11807G1783/00D000, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.

33 companies at this address See who is registered here

1 establishment unit

Switch / ItPro

Noorderlaan 79, 2030 AntwerpenWholesale trade

since 20122.221.150.936

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11807G1783/00D000	Flanders	1.0 ha	1 · 4,496 m²	16.7 m · 4 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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	ILSE MERTENS LEON STIJNENSTRAAT 70, 2000 ANTWERPEN 1 ↔ Also on 71 other cases	21-12-2021 → present

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,763 EUR awarded · 2,763 EUR paid

Year	Entries	awarded	paid
2022	1	2,763 EUR	2,763 EUR

Schemes

Vlaams opleidingsverlof (VOV)

1 entry · 2,763 EUR · 2,763 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

1 ended

Pc-technicus (so)

ended · 2017 to 2022

Legal Entity Identifier

549300F9UF89AVQVDZ50

no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,225 companies in sector 47400 we hold annual accounts for 1,806. 246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded03-02-1992

Fiscal year end31-03

Abbreviation NL A.O.C.

Activities, NACEBEL 2025

47400Retail sale of information and communication equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.