ITS Plus
Annual accounts 2025
abbreviated format, filed on 09-07-2026, 22 days before the deadlineTurnover 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.
Turnover ≈ €3.3m. Estimated: probably between €1.8m and €5.2m.
Balance sheet
balance sheet total €591,542 on 31-12-2025in euro
in euro
Position in the sector
37.3%
Higher than 51% of 12,862 companies in 2025.
1.42
Higher than 46% of 12,652 companies in 2025.
36.5%
Higher than 95% of 12,725 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€36,572
Staff costs divided by the average number of full-time equivalents.
+4 people
In 2025, 12 people joined and 8 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
591,542 | 489,946 | 396,032 | 449,738 | 338,772 | |
21/28 |
129,548 | 63,943 | 64,439 | 73,694 | 62,538 | |
22/27 |
129,548 | 63,943 | 64,439 | 73,694 | 62,538 | |
23 |
2,521 | - | - | - | - | |
24 |
77,598 | 21,100 | 28,293 | 40,176 | 49,043 | |
26 |
49,428 | 42,843 | 36,146 | 33,518 | 13,495 | |
29/58 |
461,994 | 426,003 | 331,593 | 376,044 | 276,234 | |
3 |
189,090 | 171,387 | 162,390 | 175,386 | 157,238 | |
30/36 |
189,090 | 171,387 | 162,390 | 175,386 | 157,238 | |
40/41 |
170,100 | 118,084 | 82,547 | 92,932 | 71,125 | |
40 |
152,267 | 113,402 | 82,299 | 92,684 | 70,125 | |
41 |
17,832 | 4,682 | 248 | 248 | 1,000 | |
50/53 |
0 | 70,000 | - | - | - | |
54/58 |
96,131 | 62,165 | 80,827 | 104,996 | 46,620 | |
490/1 |
6,674 | 4,367 | 5,829 | 2,729 | 1,250 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
591,542 | 489,946 | 396,032 | 449,738 | 338,772 | |
10/15 |
220,425 | 358,167 | 204,520 | 127,115 | 70,579 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
217,425 | 355,167 | 201,520 | 124,115 | 67,579 | |
133 |
217,425 | 355,167 | 201,520 | 124,115 | 67,579 | |
14 |
0 | - | - | - | - | |
17/49 |
371,116 | 131,779 | 191,512 | 322,624 | 268,193 | |
17 |
45,950 | 0 | 2,095 | 8,290 | 14,353 | |
170/4 |
45,950 | 0 | 2,095 | 8,290 | 14,353 | |
42/48 |
325,156 | 131,605 | 189,229 | 298,646 | 253,840 | |
42 |
15,754 | 2,095 | 6,195 | 6,063 | 5,935 | |
44 |
50,199 | 54,110 | 83,566 | 41,452 | 25,945 | |
440/4 |
50,199 | 54,110 | 83,566 | 41,452 | 25,945 | |
46 |
210 | 607 | 1,502 | 135 | - | |
45 |
65,123 | 74,793 | 96,986 | 79,992 | 47,134 | |
450/3 |
47,458 | 60,252 | 79,000 | 67,452 | 38,623 | |
454/9 |
17,666 | 14,541 | 17,986 | 12,539 | 8,510 | |
47/48 |
193,869 | 0 | 980 | 171,004 | 174,826 | |
492/3 |
11 | 174 | 188 | 15,688 | - | |
| Income statement | ||||||
9900 |
490,755 | 366,762 | 265,857 | 208,092 | 191,006 | |
62 |
186,517 | 141,792 | 127,204 | 108,382 | 82,770 | |
630 |
16,313 | 17,311 | 15,468 | 14,172 | 9,741 | |
640/8 |
1,651 | 5,819 | 5,864 | 2,846 | 3,847 | |
9901 |
286,274 | 201,841 | 117,321 | 82,691 | 94,648 | |
75/76B |
2,962 | 1,842 | 3,356 | 609 | 51 | |
75 |
2,962 | 1,842 | 3,356 | 609 | 51 | |
65/66B |
803 | 223 | 8,630 | 3,484 | 721 | |
65 |
803 | 223 | 8,630 | 3,484 | 721 | |
9903 |
288,432 | 203,460 | 112,046 | 79,816 | 93,979 | |
67/77 |
72,527 | 49,813 | 34,640 | 23,280 | 26,400 | |
9904 |
215,905 | 153,647 | 77,406 | 56,536 | 67,579 | |
9905 |
215,905 | 153,647 | 77,406 | 56,536 | 67,579 | |
| Appropriation of the result | ||||||
9906 |
215,905 | 153,647 | 77,406 | 56,536 | 67,579 | |
791/2 |
153,647 | - | - | - | - | |
691/2 |
15,905 | 153,647 | 77,406 | 56,536 | 67,579 | |
6921 |
15,905 | 153,647 | 77,406 | 56,536 | 67,579 | |
694/7 |
353,647 | - | - | - | - | |
694 |
353,647 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
5.1 | 3.7 | 3.2 | 2.7 | 2.4 | |
Hours worked1013 |
8,087 | 5,868 | 4,573 | 4,352 | 2,538 | |
| Document | ||||||
The notes to these accounts have 19 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 09-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00282449 | |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00278179 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00207123 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00194206 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20139726 |
Subsidies and aid
Flemish government 2025, 1 entry, €2,000 awarded, €2,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 302,586 | 219,152 | 132,789 | 96,864 | 104,389 | ||
| 232,218 | 170,957 | 92,874 | 70,708 | 77,320 | ||
| 88,507 | 16,815 | 6,213 | 25,329 | 72,279 | ||
| 33,965 | -18,662 | -24,169 | 58,376 | - | ||
| 136,838 | 294,398 | 142,364 | 77,398 | 22,394 | ||
| 37.3% | 73.1% | 51.6% | 28.3% | 20.8% | ||
| 1.42 | 3.24 | 1.75 | 1.26 | 1.09 | ||
| 0.84 | 1.93 | 0.89 | 0.67 | 0.47 | ||
| 1.68 | 0.37 | 0.94 | 2.54 | 3.80 | ||
| 97.9% | 42.9% | 37.8% | 44.5% | 95.7% | ||
| 36.5% | 31.4% | 19.5% | 12.6% | 19.9% | ||
| over 100 | over 100 | 15.39 | 27.80 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 5 | 5 | 4 | 3 |
| full-time | 6 | 3 | 3 | 3 | 3 |
| part-time | 3 | 2 | 2 | 1 | - |
| in full-time equivalents | 7.2 | 4 | 4.1 | 3.2 | 3 |
| 5.1 | 3.7 | 3.2 | 2.7 | 2.4 | |
| On a permanent contract | 7 | 4 | 3 | 3 | 3 |
| Joined | 12 | 6 | 11 | 7 | 4 |
| Left | 8 | 6 | 10 | 6 | 1 |
| Training hours | - | 4 | 2 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €61,704 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €88,507 | €16,815 | €6,213 | €25,329 | €72,279 |
| Financial fixed assets | €0 | - | - | - | - |
| €16,313 | €17,311 | €15,468 | €14,172 | €9,741 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ITS Plus
The operating result for 2025 is 42% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 26.9% to 62.7%. Equity is lower and debt is higher.