ITB-TRADETECH
ActiveITB-TRADETECH has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.48M and a net result of €91k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-7
Solvency93▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.68 in 2024; short-term debt: 32.3% and cash: 14.8% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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
67.6%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
44 d early
2023
43 d early
2022
47 d early
2021
53 d early
2020
65 d early
2019
45 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.32M
EBIT margin
24.3%
Net result
€91k▼ 82.0%
2024 · €507k
2018: €1.08M
2019: €739k
2020: €1.02M
2021: €515k
2022: €426k
2023: €603k
2024: €507k
2018 → 2025
Working capital
€3.69M▼ 1.7%
2024 · €3.76M
2018: €2.12M
2019: €2.58M
2020: €2.51M
2021: €3.12M
2022: €3.00M
2023: €3.55M
2024: €3.76M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.43M-€5.23M▼ 3.6%€5.51M▲ 5.4%€5.60M▲ 1.6%€5.48M▼ 2.1%
Operating result€1.06M-€59k▼ 94.4%€792k▲ 1,250%€699k▼ 11.8%€110k▼ 84.3%
Net result€515k-€426k▼ 17.3%€603k▲ 41.7%€507k▼ 15.9%€91k▼ 82.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.12M
Fixed assets
€1.80M▼ 2.6%
Current assets
€6.32M▲ 5.3%
Equity and liabilities €8.12M
Equity
€5.48M▼ 2.1%
Debt
€2.63M▲ 17.4%
The debt ratio rises from 28.6% to 32.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€160k▼
2024 · €793k
Cash flow
€141k▼
2024 · €602k
Solvency
67.6%▼
2024 · 71.4%
Current ratio
2.41▼
2024 · 2.68
Quick ratio
2.28▼
2024 · 2.56
Debt / equity
0.48▲
2024 · 0.40
ROE
1.7%▼
2024 · 9.1%
ROA
1.1%▼
2024 · 6.5%
Interest coverage
17.03▼
2024 · 39.14
Debt
€2.63M▲
2024 · €2.24M
Debt ≤ 1 year
€2.63M▲
2024 · €2.24M
Income taxes
€43k▼
2024 · €224k
Staff costs
€236k▼
2024 · €310k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.84M€8.12M▲
Fixed assets21/28€1.85M€1.80M▼
Intangible fixed assets21€913€196▼
Tangible fixed assets22/27€581k€533k▼
Land and buildings22€520k€487k▼
Plant, machinery and equipment23€57k€3k▼
Furniture and vehicles24€3k€44k▲
Financial fixed assets28€1.26M€1.26M=
Current assets29/58€6.00M€6.32M▲
Stocks and contracts in progress3€269k€335k▲
Stocks30/36€269k€335k▲
Amounts receivable within one year40/41€1.77M€3.43M▲
Trade receivables40€1.69M€3.34M▲
Other amounts receivable41€78k€88k▲
Current investments50/53€3.35M€1.32M▼
Cash at bank and in hand54/58€587k€1.20M▲
Deferred charges and accrued income490/1€18k€30k▲
Equity and liabilities
Total equity and liabilities10/49€7.84M€8.12M▲
Equity10/15€5.60M€5.48M▼
Contributions10/11€1.25M€1.25M=
Capital10€1.25M€1.25M=
Issued capital100€1.25M€1.25M=
Revaluation surpluses12€384k€355k▼
Reserves13€2.57M€2.48M▼
Non-distributable reserves130/1€561k€591k▲
Legal reserve130€125k€125k=
Own shares acquired1312€16k€16k=
Other1319€420k€450k▲
Distributable reserves133€2.00M€1.89M▼
Profit (loss) carried forward14€1.40M€1.40M▲
Amounts payable17/49€2.24M€2.63M▲
Amounts payable within one year42/48€2.24M€2.63M▲
Trade debts44€1.09M€639k▼
Suppliers440/4€1.09M€639k▼
Advances received on contracts in progress46€615k€1.68M▲
Taxes, remuneration and social security45€103k€84k▼
Taxes450/3€92k€56k▼
Remuneration and social security454/9€10k€28k▲
Other amounts payable47/48€435k€226k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Non-recurring operating income76A-€132k
Remuneration, social security and pensions62€310k€236k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€50k▼
Other operating charges640/8€5k€9k▲
Gross operating margin9900€1.11M€405k▼
Operating profit (loss)9901€699k€110k▼
Financial income75/76B€53k€34k▼
Recurring financial income75€53k€34k▼
Financial charges65/66B€20k€9k▼
Recurring financial charges65€20k€9k▼
Profit (loss) for the period before taxes9903€731k€134k▼
Income taxes67/77€224k€43k▼
Profit (loss) for the period9904€507k€91k▼
Transfer from tax-exempt reserves789€189k-
Profit (loss) for the period to be appropriated9905€697k€91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.82M€1.49M▼
Profit (loss) brought forward from the previous period14P€1.13M€1.40M▲
Transfer from equity791/2€399k€199k▼
Transfer to equity691/2€400k€80k▼
To other reserves6921€400k€80k▼
Profit to be distributed694/7€419k€209k▼
Return on contributions (dividend)694€399k€199k▼
Directors or managers695€20k€10k▼
Social balance
Average headcount (FTE)90873.63.6=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €91k ▼82%
Net result drops to €91k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €5MEq €5.11M ▲5.3%
3 profitable years in a row build equity to €5.11M.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 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, Rixensart · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Eaux Vives 131332 RixensartGround area
1,409 m²
Building footprint
141 m²
Volume, LiDAR
833 m³
Parcel 25033A0266/00E000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Eaux Vives 13, 1332 Rixensart
since 20032.124.654.841
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033A0266/00E000 | Wallonia | 1,409 m² | 1 · 141 m² | 7.3 m · 2 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.
Similar companies · same sector, comparable size
ECO-LOGISTIC
BE 0828.160.363
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MRC GLOBAL (BELGIUM)
BE 0415.104.174
Antwerpen · Eq €5.39M
DMG MORI BeLux
BE 0464.180.236
Dilbeek · Eq €5.59M
NEO-TECH
BE 0473.783.830
Herstal · Eq €5.61M
SEALTECH
BE 0440.482.542
Raeren · Eq €5.61M
Of 2,509 companies in sector 46649 we hold annual accounts for 1,761. 871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-02-1975
Fiscal year end31-12
Activities, NACEBEL
23610Manufacture of other non-metallic mineral products
46649Wholesale of other machinery and equipment
42120Civil engineering
46140Agents in the wholesale of industrial machinery, ships and aircraft
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 62 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
1. Rapports du conseil d’administration et du commissaire. 2. Approbation du bilan et des comptes de résultats 2008 - proposi- tion : approuver bilan et comptes résultats. 3. Décharge aux administrateurs et commissaire - proposition : donner décharge aux administrateurs et commissaire. 4. Nomination statutaire - proposition de renouveler les mandats d’administrateurs de MM. Philippe Cruyt et Christian Thomas,