Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I.T.M. - Software from Sint-Martens-Latem, company number BE0437982714, closed financial year 2025 with a result of € -4,756 after tax. For that financial year I.T.M. - Software recorded a gross margin of € -3,521 and equity of € -35,817. Compared with financial year 2024, the result moved from € 12,734 to € -4,756. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ -35,817
▼ € 4,756 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,756
▼ still € 12,734 profit in 2024
Profit after tax over the fiscal year.
€ 7,011
▲ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,367.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,151
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,077 | € 23,874 | € 20,519 | € -3,521 | ▼ € 24,040 |
| Profit after taxes | € 23,003 | € 16,366 | € 12,734 | € -4,756 | ▼ € 17,490 |
| Equity | € -60,161 | € -43,796 | € -31,061 | € -35,817 | ▼ € 4,756 |
| Total debts | € 65,150 | € 70,436 | € 64,070 | € 54,153 | ▼ 15% |
| Cash | € 3,546 | € 1,835 | € 3,794 | € 7,011 | ▲ 85% |
| Retained profit | € -78,711 | € -62,346 | € -49,611 | € -54,367 | ▼ € 4,756 |
| Balance sheet total | € 4,989 | € 26,641 | € 33,009 | € 18,336 | ▼ 44% |
Key figures of I.T.M. - Software, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to I.T.M. - Software?
What happened at I.T.M. - Software in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,756 (▼ € 17,490 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,003 profit in 2022 to € 4,756 loss in 2025.
Paid € 19,870 in corporate taxes since 2022.
Best year ever: 2022, with € 23,003 profit.
Establishments
Establishment units
Physical locations of this company
Latemstraat 125
9830 Sint-Martens-Latem
Kortrijksesteenweg 1008
9000 Gent
Active since 14 August 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.982.714
- VAT number
- BE 0437.982.714
- Registered office
- Latemstraat 125, 9830 Sint-Martens-Latem
- Names & denominations
- I.T.M. - Software
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 1989
- Peppol
- Active · Active since 26 Mar 2026
- Activities · NACE
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