ACTIVE

ITFICATION

Financial year 2024 · closed on 31/12/2024
Net result
28 k €
-47.1% YoY
Gross margin
50,7 k €
-40.1% YoY
Equity
29 k €
-91.3% YoY

What does ITFICATION do?

ITFICATION is a Private limited company incorporated in 2015. Its main activity is: Computer consultancy activities. Its registered office is in Ranst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.719.903
Incorporation
21/12/2015
Legal form
Private limited company
Registered office
Boswijk 40
2520 Ranst · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin50,7 k €84,6 k €76,4 k €86,9 k €
EBITDA50,4 k €83,8 k €75,9 k €86,6 k €
Operating result29,7 k €67,3 k €64,5 k €80,1 k €
Net result28 k €53 k €52,4 k €63,6 k €
Balance sheet
Equity29 k €332,4 k €279,4 k €220,8 k €
Total assets97,2 k €386,4 k €307,1 k €237,3 k €
Cash27,8 k €14,3 k €45 k €111,9 k €
Debts68,1 k €54,1 k €27,7 k €16,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Steven Provo

Bestuurder · since 21 décembre 2015

Active

Ended mandates

Steven Provo

Director · since 21 décembre 2015

Ended
Steven Provo

Manager · since 21 décembre 2015

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202530/09/202431/10/202301/09/202231/08/202112/11/2020
General meeting06/09/202507/09/202408/10/202301/09/202231/07/202115/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202406/09/202529/09/2025DutchPDF
Micro model31/12/202307/09/202430/09/2024DutchPDF
Micro model31/12/202208/10/202331/10/2023DutchPDF
Micro model31/12/202101/09/202201/09/2022DutchPDF
Micro model31/12/202031/07/202131/08/2021DutchPDF
Micro model31/12/201915/09/202012/11/2020DutchPDF
Micro model31/12/201823/09/201929/09/2019DutchPDF
Abridged model31/12/201611/09/201714/09/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Steven Provo

Bestuurder · since 21 décembre 2015

Active

Ended mandates

Steven Provo

Director · since 21 décembre 2015

Ended
Steven Provo

Manager · since 21 décembre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares02/03/2023
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares30/11/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other23/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202428 k €
  2. 2023
    Annual accounts 202353 k €
  3. 2022
    Annual accounts 202252,4 k €
  4. 2021
    Annual accounts 202163,6 k €
  5. 21/12/2015
    IncorporationPrivate limited company