ittak
ActiveSummary
ittak has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105.8m and a net result of €17.1m. Equity is growing by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+22
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 14.97 against 21.31 in 2024; short-term debt: 2.3% and cash: 2.2% of total assets), and 2.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
97.7%
Return on assets
15.8%
Age of the figures
9 mo
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
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
14 d early
2022
on the day
2021
34 d early
2020
31 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17.1m▲ 164%
2024 · €6.5m
Working capital
€34.2m▲ 4.0%
2024 · €32.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€22,964▼ 23.1%-€23,860▼ 3.9%-€24,022▼ 0.7%-€30,344▼ 26.3%-€75,423▼ 149%
Net result€1.2m▲ 81.0%€727,089▼ 40.4%€10.0m▲ 1,276%€6.5m▼ 35.4%€17.1m▲ 164%
Equity€71.5m▲ 1.7%€72.2m▲ 1.0%€82.2m▲ 13.9%€88.7m▲ 7.9%€105.8m▲ 19.3%
Total assets€71.7m▲ 2.0%€72.2m▲ 0.8%€83.2m▲ 15.2%€90.3m▲ 8.5%€108.2m▲ 19.9%
Debt€205,023€54,583▼ 73.4%€1.0m▲ 1,752%€1.6m▲ 60.1%€2.4m▲ 51.2%
Working capital€10.4m€11.0m▲ 6.3%€11.4m▲ 3.2%€32.9m▲ 189%€34.2m▲ 4.0%
Staff (FTE)0
Why a figure moved sharply
- 2025 Net result +164% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €75,423 in 2025 against €30,344 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108.2m
Fixed assets
€71.6m ▲ 28.3%
Current assets
€36.6m ▲ 6.2%
Equity and liabilities €108.2m
Equity
€105.8m ▲ 19.3%
Debt
€2.4m ▲ 51.2%
Debt's share of the balance-sheet total rises from 1.8% to 2.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
14.97▼
2024 · 21.31
Debt to equity
0.02▲
2024 · 0.02
ROE
16.2%▲
2024 · 7.3%
ROA
15.8%▲
2024 · 7.2%
Debt ≤ 1 year
€2.4m▲
2024 · €1.6m
Income taxes
€2.1m▲
2024 · €677,034
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €999 | €1,000 | €1,099 | €1,116 | €1,148 | ▲ 3.0% |
| Gross operating margin9900 | -€21,965 | -€22,860 | -€22,922 | -€29,229 | -€74,275 | ▼ 154% |
| Operating profit (loss)9901 | -€22,964 | -€23,860 | -€24,022 | -€30,344 | -€75,423 | ▼ 149% |
| Financial income75/76B | €1.5m | €1.6m | €10.7m | €22.3m | €19.6m | ▼ 11.9% |
| Recurring financial income75 | €1.5m | €1.6m | €1.2m | €1.2m | €3.8m | ▲ 210% |
| Non-recurring financial income76B | - | - | €9.6m | €21.0m | €15.8m | ▼ 25.0% |
| Financial charges65/66B | €19,471 | €735,051 | -€335,615 | €15.1m | €311,045 | ▼ 97.9% |
| Recurring financial charges65 | €19,471 | €735,051 | -€335,615 | €68,087 | €311,045 | ▲ 357% |
| Non-recurring financial charges66B | - | - | - | €15.0m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €1.5m | €804,190 | €11.0m | €7.1m | €19.2m | ▲ 169% |
| Income taxes67/77 | €247,267 | €77,101 | €1.0m | €677,034 | €2.1m | ▲ 216% |
| Profit (loss) for the period9904 | €1.2m | €727,089 | €10.0m | €6.5m | €17.1m | ▲ 164% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €727,089 | €10.0m | €6.5m | €17.1m | ▲ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71.7m | €72.2m | €83.2m | €90.3m | €108.2m | ▲ 19.9% |
| Fixed assets21/28 | €61.1m | €61.2m | €70.8m | €55.8m | €71.6m | ▲ 28.3% |
| Financial fixed assets28 | €61.1m | €61.2m | €70.8m | €55.8m | €71.6m | ▲ 28.3% |
| Current assets29/58 | €10.6m | €11.1m | €12.4m | €34.5m | €36.6m | ▲ 6.2% |
| Amounts receivable after more than one year29 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Other amounts receivable291 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €24,690 | - | - | - | - | - |
| Other amounts receivable41 | €24,690 | - | - | - | - | - |
| Current investments50/53 | €9.7m | €9.4m | €11.2m | €31.5m | €34.2m | ▲ 8.5% |
| Cash at bank and in hand54/58 | €821,209 | €1.6m | €1.1m | €2.9m | €2.3m | ▼ 20.1% |
| Deferred charges and accrued income490/1 | €6,648 | €8,877 | €12,082 | €22,211 | €57,393 | ▲ 158% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71.7m | €72.2m | €83.2m | €90.3m | €108.2m | ▲ 19.9% |
| Equity10/15 | €71.5m | €72.2m | €82.2m | €88.7m | €105.8m | ▲ 19.3% |
| Contributions10/11 | €61.0m | €61.0m | €61.0m | €61.0m | €61.0m | = |
| Capital10 | €61.0m | €61.0m | €61.0m | €61.0m | €61.0m | = |
| Issued capital100 | €61.0m | €61.0m | €61.0m | €61.0m | €61.0m | = |
| Reserves13 | €10.5m | €11.2m | €21.2m | €27.7m | €44.8m | ▲ 61.8% |
| Non-distributable reserves130/1 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Legal reserve130 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Distributable reserves133 | €4.4m | €5.1m | €15.1m | €21.6m | €38.7m | ▲ 79.3% |
| Profit (loss) carried forward14 | €156 | €156 | €156 | €156 | €156 | = |
| Amounts payable17/49 | €205,023 | €54,583 | €1.0m | €1.6m | €2.4m | ▲ 51.2% |
| Amounts payable within one year42/48 | €205,023 | €54,583 | €1.0m | €1.6m | €2.4m | ▲ 51.2% |
| Trade debts44 | €3,570 | €3,397 | €2,782 | €2,580 | €0 | ▼ 100% |
| Suppliers440/4 | €3,570 | €3,397 | €2,782 | €2,580 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €201,452 | €51,187 | €1.0m | €1.6m | €2.4m | ▲ 51.4% |
| Taxes450/3 | €201,452 | €51,187 | €1.0m | €1.6m | €2.4m | ▲ 51.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €727,089 | €10.0m | €6.5m | €17.1m | ▲ 164% |
| Operating cash flow (approximation) | €1.2m | €727,089 | €10.0m | €6.5m | €17.1m | ▲ 164% |
| Investment in fixed assets (approximation) | - | -€69,126 | -€9.7m | €15.0m | -€15.8m | ▼ 205% |
| Change in cash | - | €821,183 | -€534,625 | €1.8m | -€585,763 | ▼ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
17-07
State Gazette act
Resignations: Yvonne Josepha Maria Schaltin (director and managing director) and Guy Pourveur (director)Appointment: Katrin Feyten (sole director) · Registered-office move · Power of attorney6 facts ▸
State Gazette act
Resignations: Yvonne Josepha Maria Schaltin (director and managing director) and Guy Pourveur (director)
Appointment: Katrin Feyten (sole director) · Registered-office move · Power of attorney6 facts ▸
- Director resignation, Yvonne Josepha Maria Schaltin (director and managing director)
- Director resignation, Guy Pourveur (director)
- Director appointment, Katrin Feyten (sole director)
- Registered-office move, 9070 Destelbergen, Verbindingsstraat 4
- Power of attorney, TIBERGHIEN BV
- Power of attorney, Hanne Verlinden
2025
31-12
Financial
Highest result since 2018net €17.1m ▲164%
Net result €17.1m, the highest in the series.
31-12
Financial
Equity above €100mEq €105.8m ▲19.3%
6 profitable years in a row build equity to €105.8m.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 203.19
Current ratio from 51.62 to 203.19; short-term debt falls from €205,023 to €54,583.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €674,501
Net result €674,501 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€6.6m
Net result drops to -€6.6m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 58849.86
Current ratio from 16009.68 to 58849.86; short-term debt falls from €468 to €147.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Katrin Feyten
CurrentSole director · since 01-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2008
Ground area
2,822 m²
Building footprint
378 m²
Volume, LiDAR
1,749 m³
2 parcels, Flanders · tallest building 19.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ittak
since 20082.167.969.695
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0075/00D000 | Flanders | 2,689 m² | 1 · 245 m² | 19.3 m · 1 fl. |
| 12404F0652/00T003 | Flanders | 133 m² | 1 · 133 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Katrin Feyten |
|
| Guy Pourveur |
|
| Yvonne Josepha Maria Schaltin |
|
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
33.26%
According to the 2025 annual accounts of ittak and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
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Shareholding
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Recognitions · licences · registrations
Legal Entity Identifier
549300FJTKOD4QB51W59
Identification & contact
Identification
Legal formPublic limited company
Founded11-12-2007
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894321786
Also
9925:BE0894321786
Registered
22-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.