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iTRUST GROUP

Active
Private limited companyfounded 2011active for 15 yearsDirk Martenslaan 19, 8870 Izegem, BelgiumKBO/BCE: BE 0836.284.807
Summary

iTRUST GROUP has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323,939 and a net result of €22,259. Equity has been growing by about 3.1% per year since 2018. Its solvency ranks better than 46% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 16-05-2011 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.199.132.530 8870 Izegem, since 24-05-2011
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • BenD ProjectsDirector · since 16-05-2011
  • BS-HoldingsDirector · since 16-05-2011
  • Carver InvestDirector · since 16-05-2011
and 1 other
Shareholders

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€44,458
▲ 2.2%
Turnover
≈ €120,000
estimated
Profit
€22,259
▲ 3.9%
Equity
€323,939
▲ 7.4%
Total assets
€1.3m
▲ 0.3%
Score breakdownraises riskLiquidity: current ratio 31.50, cash €45,771lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed on 30-06-2026)Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 50+2
equity 24.7% of total assets
Liquidity 54=
short-term debt 1.9% · cash 3.5%
Profitability 71=
return on assets 1.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 31.5 (33.55 in 2024), above the usual 1.5. Short-term debt is 1.9% and cash 3.5% of total assets. However, 75.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 45% of them on solvency, 64% on liquidity, 61% on profitability and 63% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 31.50, cash €45,771
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
24 days early
2023
23 days early
2022
28 days early
2021
34 days early
2020
32 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 15 filings

Turnover
≈ €120,000
Estimated: probably between €67,000 and €250,000
Total assets
€1.3m▲ 0.3%
2024 · €1.3m
Net result
€22,259▲ 3.9%
2024 · €21,424
Working capital
€757,524▲ 2.1%
2024 · €741,903
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€24,581
▲ 3.3% 2025
20182025
Net result
€22,259
▲ 3.9% 2025
middle half of the sector
20182025
Equity
€323,939
▲ 7.4% 2025
highest quarter of the sector
20182025
Total assets
€1.3m
▲ 0.3% 2025
highest quarter of the sector
20182025
Debt
€986,844
▼ 1.9% 2025
20182025
Working capital
€757,524
▲ 2.1% 2025
highest quarter of the sector
20182025
Solvency
24.7%
▲ 1.6pp 2025
middle half of the sector
20182025
Current ratio
31.50
▼ 2.06 2025
highest quarter of the sector
20182025
Return on assets (ROA)
1.7%
▲ 0.1pp 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.005m--€0.07m€0.02m€0.02m▲ 14.1%€0.01m▼ 20.5%€0.02m▲ 40.5%€0.02m▲ 13.9%€0.02m▲ 3.3%
Net result-€0.06m--€0.1m▼ 123%€0.009mwithin the sector's middle half€0.01mwithin the sector's middle half▲ 32.1%€0.01mwithin the sector's middle half▼ 1.7%€0.02mwithin the sector's middle half▲ 59.9%€0.02mwithin the sector's middle half▲ 20.4%€0.02mwithin the sector's middle half▲ 3.9%
Equity€0.3m-€0.2m▼ 11.7%€0.2mwithin the sector's middle half▲ 3.7%€0.3mwithin the sector's middle half▲ 4.7%€0.3mwithin the sector's middle half▲ 4.4%€0.3mwithin the sector's middle half▲ 6.8%€0.3mwithin the sector's middle half▲ 7.6%€0.3mabove the sector's middle half▲ 7.4%
Total assets€1.8m-€1.6m▼ 15.7%€2.0mabove the sector's middle half▲ 28.9%€1.9mabove the sector's middle half▼ 5.7%€1.3mabove the sector's middle half▼ 32.2%€1.3mabove the sector's middle half▲ 2.2%€1.3mabove the sector's middle half▲ 0.1%€1.3mabove the sector's middle half▲ 0.3%
Debt€1.6m-€1.3m▼ 16.4%€1.8m▲ 33.4%€1.6m▼ 7.1%€1.0m▼ 37.9%€1.0m▲ 1.0%€1.0m▼ 2.0%€1.0m▼ 1.9%
Working capital-€0.06m-€0.8m€1.1mabove the sector's middle half▲ 46.3%€1.3mabove the sector's middle half▲ 12.7%€0.7mabove the sector's middle half▼ 46.5%€0.7mabove the sector's middle half▲ 6.4%€0.7mabove the sector's middle half▲ 2.1%€0.8mabove the sector's middle half▲ 2.1%
Solvency14.2%-14.9%▲ 0.7pp12.0%within the sector's middle half▼ 2.9pp13.3%within the sector's middle half▲ 1.3pp20.5%within the sector's middle half▲ 7.2pp21.5%within the sector's middle half▲ 0.9pp23.1%within the sector's middle half▲ 1.6pp24.7%within the sector's middle half▲ 1.6pp
Current ratio0.96-5.78▲ 4.835.26above the sector's middle half▼ 0.5357.58above the sector's middle half▲ 52.3330.13above the sector's middle half▼ 27.4533.47above the sector's middle half▲ 3.3433.55above the sector's middle half▲ 0.0831.50above the sector's middle half▼ 2.06
Return on assets (ROA)-3.2%--8.4%▼ 5.2pp0.4%within the sector's middle half▲ 8.9pp0.6%within the sector's middle half▲ 0.2pp0.9%within the sector's middle half▲ 0.3pp1.4%within the sector's middle half▲ 0.5pp1.6%within the sector's middle half▲ 0.3pp1.7%within the sector's middle half▲ 0.1pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 3% higher than in 2024 and the highest since 2018. It is the third rise in a row, after the fall in 2022.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €528,418 ▼ 2.6%
Current assets €782,364 ▲ 2.3%
Equity and liabilities €1.3m
Equity €323,939 ▲ 7.4%
Debt €986,844 ▼ 1.9%
Debt's share of the balance-sheet total falls from 76.9% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,855▲
2024 · €38,061
Cash flow
€36,534▲
2024 · €35,699
Debt to equity
3.05▼
2024 · 3.33
ROE
6.9%▼
2024 · 7.1%
Interest coverage
16.74▲
2024 · 15.05
Debt ≤ 1 year
€24,840▲
2024 · €22,790
Debt > 1 year
€962,004▼
2024 · €982,916
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.3m▲
Fixed assets21/28€0.5m€0.5m▼
Tangible fixed assets22/27€0.4m€0.4m▼
Land and buildings22€0.4m€0.4m▼
Financial fixed assets28€0.2m€0.2m=
Current assets29/58€0.8m€0.8m▲
Amounts receivable after more than one year29€0.7m€0.7m▲
Other amounts receivable291€0.7m€0.7m▲
Amounts receivable within one year40/41€0.03m€0.04m▲
Trade receivables40€414€0.005m▲
Other amounts receivable41€0.03m€0.03m▼
Cash at bank and in hand54/58€0.04m€0.05m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15€0.3m€0.3m▲
Contributions10/11€0.3m€0.3m=
Revaluation surpluses12€0.1m€0.1m=
Reserves13€0.09m€0.09m=
Distributable reserves133€0.09m€0.09m=
Profit (loss) carried forward14-€0.2m-€0.2m▲
Amounts payable17/49€1.0m€1.0m▼
Amounts payable after more than one year17€1.0m€1.0m▼
Financial debts170/4€0.1m€0.1m▼
Other amounts payable178/9€0.9m€0.9m=
Amounts payable within one year42/48€0.02m€0.02m▲
Current portion of amounts payable after more than one year42€0.02m€0.02m▲
Trade debts44€392€0.002m▲
Suppliers440/4€392€0.002m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m=
Other operating charges640/8€0.005m€0.006m▲
Gross operating margin9900€0.04m€0.04m▲
Operating profit (loss)9901€0.02m€0.02m▲
Financial income75/76B€166€0▼
Recurring financial income75€166€0▼
Financial charges65/66B€0.003m€0.002m▼
Recurring financial charges65€0.003m€0.002m▼
Profit (loss) for the period before taxes9903€0.02m€0.02m▲
Profit (loss) for the period9904€0.02m€0.02m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.2m▲
Profit (loss) brought forward from the previous period14P-€0.2m-€0.2m▲

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,275€14,275€14,275€14,275€14,275€14,275€14,275€14,275=
Other operating charges640/8---€5,252€5,386€5,366€5,442€5,603▲ 3.0%
Gross operating margin9900€36,492-€49,609€35,877€38,204€34,518€40,517€43,503€44,458▲ 2.2%
Operating profit (loss)9901€5,401-€68,339€16,373€18,678€14,857€20,876€23,786€24,581▲ 3.3%
Financial income75/76B---€0-€0€166€0▼ 100%
Recurring financial income75€0--€0-€0€166€0▼ 100%
Financial charges65/66B---€7,357€3,731€3,084€2,529€2,321▼ 8.2%
Recurring financial charges65€63,955€62,465€7,805€7,357€3,731€3,084€2,529€2,321▼ 8.2%
Profit (loss) for the period before taxes9903-€58,553-€130,804€8,568€11,321€11,126€17,792€21,424€22,259▲ 3.9%
Profit (loss) for the period9904-€58,553-€130,804€8,568€11,321€11,126€17,792€21,424€22,259▲ 3.9%
Profit (loss) for the period to be appropriated9905-€58,553-€130,804€8,568€11,321€11,126€17,792€21,424€22,259▲ 3.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.8m€1.6m€2.0m€1.9m€1.3m€1.3m€1.3m€1.3m▲ 0.3%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 2.6%
Tangible fixed assets22/27€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▼ 3.9%
Land and buildings22---€0.4m€0.4m€0.4m€0.4m€0.4m▼ 3.9%
Financial fixed assets28€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Current assets29/58€1.3m€0.9m€1.4m€1.3m€0.7m€0.7m€0.8m€0.8m▲ 2.3%
Amounts receivable after more than one year29---€0.7m€0.7m€0.7m€0.7m€0.7m▲ 1.2%
Other amounts receivable291---€0.7m€0.7m€0.7m€0.7m€0.7m▲ 1.2%
Stocks and contracts in progress3€1.0m€0.7m€0.7m€0.5m-----
Stocks30/36---€0.5m-----
Amounts receivable within one year40/41€0.04m€0.04m€0.04m€0.04m€0.03m€0.04m€0.03m€0.04m▲ 14.4%
Trade receivables40---€433€0.001m€0.004m€414€0.005m▲ 13×
Other amounts receivable41---€0.04m€0.03m€0.03m€0.03m€0.03m▼ 0.4%
Cash at bank and in hand54/58€0.09m€0.06m€0.02m€0.06m€0.02m€0.02m€0.04m€0.05m▲ 11.5%
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.6m€2.0m€1.9m€1.3m€1.3m€1.3m€1.3m▲ 0.3%
Equity10/15€0.3m€0.2m€0.2m€0.3m€0.3m€0.3m€0.3m€0.3m▲ 7.4%
Contributions10/11€0.3m€0.3m-€0.3m€0.3m€0.3m€0.3m€0.3m=
Revaluation surpluses12---€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m=
Non-distributable reserves130/1---€0.008m€0.008m----
Reserves not available under the articles1311---€0.008m€0.008m----
Distributable reserves133---€0.08m€0.08m€0.09m€0.09m€0.09m=
Profit (loss) carried forward14-€0.2m-€0.3m-€0.3m-€0.3m-€0.3m-€0.2m-€0.2m-€0.2m▲ 10.1%
Amounts payable17/49€1.6m€1.3m€1.8m€1.6m€1.0m€1.0m€1.0m€1.0m▼ 1.9%
Amounts payable after more than one year17€0.2m€1.1m€1.5m€1.6m€1.0m€1.0m€1.0m€1.0m▼ 2.1%
Financial debts170/4---€0.2m€0.2m€0.1m€0.1m€0.1m▼ 16.7%
Other amounts payable178/9---€1.4m€0.8m€0.9m€0.9m€0.9m=
Amounts payable within one year42/48€1.3m€0.2m€0.3m€0.02m€0.02m€0.02m€0.02m€0.02m▲ 9.0%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.02m€0.02m€0.02m▲ 1.1%
Trade debts44€0.008m€0.002m€0.004m-€0.001m-€392€0.002m▲ 459%
Suppliers440/4----€0.001m-€392€0.002m▲ 459%
Taxes, remuneration and social security45-----€66---
Taxes450/3-----€66---
Other amounts payable47/48---€0.001m€166€166---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€58,553-€130,804€8,568€11,321€11,126€17,792€21,424€22,259▲ 3.9%
+ Depreciation and write-downs630€14,275€14,275€14,275€14,275€14,275€14,275€14,275€14,275=
Operating cash flow (approximation)-€44,278-€116,530€22,843€25,595€25,401€32,066€35,699€36,534▲ 2.3%
Investment in fixed assets (approximation)--€50,000€0€0€0€0€0€0-
Change in cash--€29,195-€44,216€42,520-€38,713€2,842€17,124€4,716▼ 72.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 4,107 companies had the same profile as iTRUST GROUP has now. Two years later, 98.0% were still going and 1.0% had gone bankrupt.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
98.0% was still going
0.9% stopped otherwise
1.0% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of iTRUST GROUP itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for iTRUST GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00236129 PDF
31-12-2024 micro format 07-07-2025 2025-00251662 PDF
31-12-2023 micro format 08-07-2024 2024-00227006 PDF
31-12-2022 micro format 03-07-2023 2023-00205432 PDF
31-12-2021 micro format 27-06-2022 2022-20127653 PDF
31-12-2020 micro format 29-06-2021 2021-28200383 PDF
31-12-2019 abbreviated format 06-07-2020 2020-26800508 PDF
31-12-2018 abbreviated format 18-07-2019 2019-34300130 PDF
31-12-2017 abbreviated format 17-09-2018 2018-63500253 PDF
31-12-2016 abbreviated format 04-07-2017 2017-27500573 PDF

Show all 15 filings

Board & ownership

Directors

Directors
4 directors
BenD Projects
Director · since 16-05-2011 · listed in the 2025 annual accounts, filed on 30-06-2026
Current
BS-Holdings
Director · since 16-05-2011 · listed in the 2025 annual accounts, filed on 30-06-2026
Current
Carver Invest
Director · since 16-05-2011 · listed in the 2025 annual accounts, filed on 30-06-2026
Current
XL Investment
Director · since 16-05-2011 · listed in the 2025 annual accounts, filed on 30-06-2026
Current

Owners and capital

Shareholders

3 owners

Owners 3

Owners through the years 2011 to 2026
Owners through the years
Name2011201220132014201520162017201820192020202120222023202420252026
CARVER INVEST 25%
NOBLE HOUSE INVESTMENTS 50%
BenD PROJECTS 25%
XL INVESTMENT 25%

Source: lists of holdings in the owners' accounts

Capital transactions

Capital over time
  1. 07-06-2023 Converted to unavailable equity

Mandate history

4 people, 4 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BenD Projects
  • Director, from 16-05-2011 to date
BS-Holdings
  • Director, from 16-05-2011 to date
Carver Invest
  • Director, from 16-05-2011 to date
XL Investment
  • Director, from 16-05-2011 to date
See the board, name and registered office on a given date →

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Holdings through the years 2014 to 2025
Holdings through the years
Name201420152016201720182019202020212022202320242025
DE VLASGAARD 50%

Source: list of holdings in its own accounts

Companies at the same address

2 other companies

Connections & network

4 current directors
Depth

The network starts from the directors of iTRUST GROUP. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
30-06
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days before the deadline
2025
31-12
Financial Highest result from 2018 to 2025net €22,259 ▲3.9%
The operating result of €24,581 and the net result of €22,259 are both a record.
07-07
NBB filing Annual accounts 2024 filedPDF
micro format · 24 days before the deadline
2024
08-07
NBB filing Annual accounts 2023 filedPDF
micro format · 23 days before the deadline
20-03
Gazette deed Permanent representatives: Tom Pieters and Steven Brouckaert
3 points ▸
  • General meeting, 07-02-2024
  • Permanent representative, Tom Pieters
  • Permanent representative, Steven Brouckaert

Open the deed in the Belgian Official Gazette

2023
03-07
NBB filing Annual accounts 2022 filedPDF
micro format · 28 days before the deadline
07-06
Gazette deed Amendment of the articles · Legal-form change
General meeting of 31-05-20231 point ▸
  • General meeting, 31-05-2023
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
26-09
Gazette deed Permanent representatives: Tom Pieters, Sofie Brouckaert and Gerdy Vandamme
4 points ▸
  • General meeting, 24-06-2022
  • Permanent representative, Tom Pieters
  • Permanent representative, Sofie Brouckaert
  • Permanent representative, Gerdy Vandamme

Open the deed in the Belgian Official Gazette

27-06
NBB filing Annual accounts 2021 filedPDF
micro format · 34 days before the deadline
2021
31-12
Financial Liquidity more than 10 timescurrent ratio 57.58
The current ratio rises from 5.26 to 57.58. Short-term debt falls from €266,467 to €22,587.
29-06
NBB filing Annual accounts 2020 filedPDF
micro format · 32 days before the deadline
2020
31-12
Financial Back to profitnet €8,568
The net result is €8,568, after 2 loss-making years.
Show earlier events
06-07
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 25 days before the deadline
2019
31-12
Financial Weakest financial yearnet -€130,804
The net result drops to -€130,804, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial Liquidity times 6current ratio 5.78
The current ratio rises from 0.96 to 5.78. Short-term debt falls from €1.3m to €162,103.
18-07
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 13 days before the deadline
2018
17-09
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 48 days late
2017
04-07
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 27 days before the deadline
2011
18-05
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 May 2011, iTRUST GROUP was incorporated.1 Total assets went from €1.8m in 2018 to €1.3m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name iTRUST GROUP in Dutch
Enterprise number 0836.284.807
Legal form Private limited company
Status Active, normal situation
Founded 16-05-2011
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-06-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-06-2023 (in Dutch)

Registered office and establishments

Registered office Dirk Martenslaan 19, 8870 Izegem, Belgium
Establishment unit iTRUST GROUP, Dirk Martenslaan 19, 8870 Izegem since 24-05-2011 · unit number 2.199.132.530

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68110 Buying and selling of own real estate
68122 Development of non-residential building projects
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
68100 Real estate activities

Invoicing and payment

VAT number BE 0836.284.807
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0836284807
Other Peppol ID 9925:BE0836284807

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0836.284.807

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00
deed of 07-06-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
596 m²
Building footprint
309 m²
Building volume
1,582 m³
Cadastral parcel Region Area Buildings Height / floors
36008A0226/00K003 Flanders 596 m² 1 · 309 m² 8.2 m · 1