ITWARE
Annual accounts 2025
abbreviated format, filed on 29-09-2026, 60 days lateTurnover 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 ≈ €150,000. Estimated: probably between €110,000 and €210,000.
Balance sheet
balance sheet total €253,936 on 31-12-2025in euro
in euro
Position in the sector
31.6%
Higher than 37% of 3,405 companies in 2025.
1.53
Higher than 42% of 3,266 companies in 2025.
1.9%
Higher than 34% of 3,314 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€22,512
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 2 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
253,936 | 251,502 | 261,912 | 289,921 | 133,644 | 213,297 | 192,056 | 175,513 | 157,514 | 130,476 | 138,815 | 161,989 | 144,681 | 153,428 | 141,941 | 169,880 | 183,428 | 133,141 | |
21/28 |
139,943 | 142,375 | 146,309 | 149,486 | 1,135 | 1,180 | 3,037 | 4,929 | 6,948 | 8,499 | 1,829 | 8,473 | 11,825 | 15,385 | 8,991 | 11,332 | 7,991 | 6,533 | |
22/27 |
138,893 | 141,325 | 145,259 | 148,436 | 85 | 130 | 1,987 | 3,879 | 5,898 | 7,449 | 779 | 7,423 | 10,775 | 14,335 | 7,941 | 10,282 | 4,021 | 3,413 | |
22 |
136,680 | 140,173 | 143,666 | 147,159 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
1,035 | 667 | 952 | 1,237 | - | - | - | - | - | - | 39 | 79 | 230 | 380 | 531 | 682 | 333 | 525 | |
24 |
1,178 | 485 | 641 | 40 | 85 | 130 | 1,987 | 3,879 | 5,898 | 7,449 | 739 | 7,345 | 10,545 | 13,955 | 7,138 | 9,055 | 2,871 | 2,888 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 272 | 545 | 817 | - | |
28 |
1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 3,970 | 3,120 | |
29/58 |
113,993 | 109,127 | 115,603 | 140,436 | 132,509 | 212,116 | 189,019 | 170,585 | 150,565 | 121,977 | 136,986 | 153,516 | 132,857 | 138,042 | 132,949 | 158,548 | 175,437 | 126,608 | |
3 |
82,862 | 84,002 | 85,290 | 89,270 | 95,750 | 143,068 | 106,422 | 137,322 | 96,410 | 91,325 | 98,788 | 110,999 | 88,500 | 113,693 | 115,032 | 125,488 | 128,852 | 105,783 | |
30/36 |
82,862 | 84,002 | 85,290 | 89,270 | 95,750 | 143,068 | 106,422 | 137,322 | 96,410 | 91,325 | 98,788 | 110,999 | 88,500 | 113,693 | 115,032 | 125,488 | 128,852 | 105,783 | |
40/41 |
29,939 | 22,441 | 19,522 | 45,545 | 25,619 | 57,980 | 41,286 | 18,458 | 52,931 | 28,903 | 22,832 | 17,035 | 31,956 | 23,669 | 14,123 | 26,601 | 34,142 | 18,643 | |
40 |
18,114 | 13,363 | 12,472 | 38,986 | 18,900 | 42,227 | 29,538 | 7,817 | 43,037 | 19,691 | 8,394 | 9,816 | 24,293 | 17,032 | 10,448 | 24,457 | 34,100 | 18,436 | |
41 |
11,825 | 9,078 | 7,050 | 6,559 | 6,719 | 15,753 | 11,748 | 10,641 | 9,894 | 9,212 | 14,438 | 7,219 | 7,663 | 6,637 | 3,675 | 2,145 | 42 | 207 | |
54/58 |
1,072 | 2,564 | 10,656 | 4,253 | 11,020 | 11,068 | 41,311 | 706 | 510 | 788 | 15,031 | 25,481 | 12,017 | 418 | 3,123 | 5,690 | 12,443 | 660 | |
490/1 |
120 | 120 | 136 | 1,367 | 120 | - | - | 14,099 | 714 | 961 | 335 | - | 384 | 262 | 671 | 769 | - | 1,522 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
253,936 | 251,502 | 261,912 | 289,921 | 133,644 | 213,297 | 192,056 | 175,513 | 157,514 | 130,476 | 138,815 | 161,989 | 144,681 | 153,428 | 141,941 | 169,880 | 183,428 | 133,141 | |
10/15 |
80,254 | 75,410 | 73,036 | 76,399 | 102,204 | 97,659 | 59,957 | 57,766 | 47,974 | 40,600 | 32,784 | 53,324 | 45,197 | 55,047 | 48,921 | 89,417 | 5,163 | 2,692 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 18,600 | 18,600 | |
11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
48,841 | 48,841 | 48,841 | 52,204 | 52,204 | 47,659 | 9,957 | 7,766 | 3,324 | 3,324 | 3,324 | 3,324 | 49,125 | 49,125 | 49,125 | 49,125 | - | - | |
130/1 |
2,332 | 2,332 | 2,332 | 2,332 | 2,332 | 2,332 | 2,332 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,332 | 2,222 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | |
1311 |
2,332 | 2,332 | 2,332 | 2,332 | 2,332 | 2,332 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
46,510 | 46,510 | 46,510 | 49,873 | 49,873 | 45,327 | 7,625 | 5,544 | 1,324 | 1,324 | 1,324 | 1,324 | 49,125 | 49,125 | 49,125 | 49,125 | - | - | |
14 |
-18,587 | -23,432 | -25,806 | -25,806 | - | - | - | - | -5,350 | -12,724 | -20,540 | - | -53,927 | -44,078 | -50,204 | -9,708 | -13,437 | -15,908 | |
17/49 |
173,682 | 176,092 | 188,877 | 213,523 | 31,439 | 115,638 | 132,100 | 117,748 | 109,540 | 89,876 | 106,031 | 108,665 | 99,484 | 98,381 | 93,019 | 80,464 | 178,265 | 130,449 | |
17 |
98,940 | 107,000 | 114,815 | 121,785 | - | - | - | 1,266 | 3,398 | 5,484 | - | 616 | 4,448 | 11,690 | 5,162 | 10,723 | 91,350 | 45,600 | |
170/4 |
98,940 | 107,000 | 114,815 | 121,785 | - | - | - | 1,266 | 3,398 | 5,484 | - | 616 | 4,448 | 11,690 | 5,162 | 10,723 | 91,350 | 45,600 | |
42/48 |
74,730 | 69,079 | 74,049 | 91,418 | 31,439 | 115,638 | 132,100 | 116,482 | 106,141 | 84,392 | 106,031 | 108,049 | 94,832 | 86,564 | 87,701 | 69,741 | 86,915 | 84,849 | |
42 |
8,060 | 7,815 | 7,595 | 8,006 | - | - | 1,266 | 2,132 | 2,085 | 2,040 | 928 | 3,812 | 3,280 | 3,052 | 2,335 | 2,674 | - | - | |
43 |
5,783 | 6,552 | 7,952 | - | - | 2,409 | - | 9,401 | 9,926 | 5,101 | 7,002 | - | 9,103 | 7,496 | 7,109 | 200 | 8,377 | 7,021 | |
430/8 |
5,783 | 6,552 | 7,952 | - | - | 2,409 | - | 9,401 | 9,926 | 5,101 | 7,002 | - | 9,103 | 7,496 | 7,109 | 200 | 8,377 | 7,021 | |
44 |
47,671 | 50,087 | 43,894 | 66,938 | 11,125 | 73,342 | 95,167 | 93,601 | 70,789 | 58,278 | 93,099 | 102,094 | 71,939 | 68,408 | 69,075 | 46,750 | 67,251 | 55,711 | |
440/4 |
47,671 | 50,087 | 43,894 | 66,938 | 11,125 | 73,342 | 95,167 | 93,601 | 70,789 | 58,278 | 93,099 | 102,094 | 71,939 | 68,408 | 69,075 | 46,750 | 67,251 | 55,711 | |
46 |
6,357 | - | 5,553 | - | - | 13,955 | 13,955 | - | 13,500 | 12,600 | - | - | 542 | 721 | - | - | - | - | |
45 |
6,675 | 4,441 | 8,871 | 16,424 | 20,314 | 25,933 | 21,712 | 11,347 | 9,840 | 6,374 | 5,003 | 2,143 | 9,967 | 6,887 | 9,182 | 20,116 | 11,287 | 19,451 | |
450/3 |
3,485 | 1,742 | 5,135 | 13,067 | 15,913 | 22,883 | 16,431 | 4,736 | 3,568 | 3,691 | 2,645 | 34 | 1,974 | 268 | 2,712 | 14,610 | 9,103 | 15,660 | |
454/9 |
3,190 | 2,699 | 3,736 | 3,357 | 4,401 | 3,050 | 5,280 | 6,611 | 6,273 | 2,683 | 2,357 | 2,109 | 7,993 | 6,619 | 6,470 | 5,507 | 2,184 | 3,791 | |
47/48 |
184 | 184 | 184 | 50 | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,666 | |
492/3 |
13 | 13 | 13 | 320 | - | - | - | - | - | - | - | - | 204 | 127 | 157 | - | - | - | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | 1,500 | - | - | 826 | - | - | - | 2,702 | - | - | - | - | - | - | - | |
9900 |
43,999 | 37,665 | 18,761 | 50,488 | 33,888 | 72,427 | 44,634 | 42,325 | 39,827 | 43,053 | 12,662 | 44,693 | 28,596 | 44,519 | 14,350 | 76,009 | 68,712 | 54,740 | |
62 |
27,014 | 20,299 | 28,074 | 27,791 | 23,891 | 28,999 | 36,856 | 26,270 | 26,609 | 28,502 | 31,999 | 27,903 | 30,880 | 29,406 | 29,052 | 48,576 | 59,445 | 34,034 | |
630 |
4,159 | 4,057 | 3,957 | 9,571 | 45 | 1,857 | 2,089 | 2,049 | 2,246 | 2,388 | 996 | 4,046 | 4,097 | 4,435 | 3,249 | 3,976 | 1,861 | 1,517 | |
631/4 |
- | - | - | 2,931 | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,626 | |
640/8 |
2,203 | 4,860 | 2,350 | 3,565 | 1,833 | 3,863 | 1,719 | 904 | 1,726 | 1,035 | 1,545 | 3,507 | 2,013 | 1,075 | 1,884 | 11,068 | 1,295 | 1,543 | |
66A |
- | - | - | 309 | - | - | - | - | - | - | - | 40 | - | 1,853 | - | - | - | - | |
9901 |
10,623 | 8,449 | -15,620 | 6,320 | 8,119 | 37,708 | 3,970 | 13,102 | 9,246 | 11,129 | -21,878 | 9,237 | -8,394 | 9,601 | -19,836 | 12,388 | 6,111 | -1,980 | |
75/76B |
0 | 432 | 280 | 0 | 350 | 12,355 | 1,110 | 0 | 7 | 135 | 913 | 297 | 766 | 764 | 236 | 549 | 140 | 59 | |
75 |
0 | 432 | 280 | 0 | 350 | 928 | 510 | 0 | 7 | 135 | 913 | 297 | 766 | 764 | 236 | 549 | 140 | 59 | |
76B |
- | - | - | - | - | 11,426 | 600 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
5,427 | 6,158 | 5,379 | 4,740 | 933 | 1,331 | 1,163 | 3,198 | 1,706 | 3,394 | 2,224 | 1,367 | 2,222 | 2,387 | 2,063 | 6,689 | 3,827 | 2,032 | |
65 |
5,427 | 6,158 | 5,379 | 4,740 | 933 | 1,331 | 1,163 | 3,198 | 1,706 | 1,357 | 2,224 | 1,367 | 2,222 | 2,387 | 2,063 | 6,689 | 3,827 | 2,032 | |
66B |
- | - | - | - | - | - | - | - | - | 2,037 | - | - | - | - | - | - | - | - | |
9903 |
5,196 | 2,723 | -20,719 | 1,580 | 7,536 | 48,732 | 3,917 | 9,904 | 7,548 | 7,870 | -20,487 | 8,126 | -9,849 | 6,125 | -21,663 | 6,248 | 2,424 | -3,953 | |
67/77 |
352 | 349 | -17,356 | 27,385 | 2,991 | 11,030 | 1,726 | 112 | 174 | 54 | 53 | - | - | -1 | 18,833 | 2,519 | - | - | |
9904 |
4,844 | 2,374 | -3,363 | -25,806 | 4,545 | 37,702 | 2,191 | 9,792 | 7,374 | 7,816 | -20,540 | 8,126 | -9,849 | 6,126 | -40,496 | 3,729 | 2,424 | -3,953 | |
9905 |
4,844 | 2,374 | -3,363 | -25,806 | 4,545 | 37,702 | 2,191 | 9,792 | 7,374 | 7,816 | -20,540 | 8,126 | -9,849 | 6,126 | -40,496 | 3,729 | 2,424 | -3,953 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-18,587 | -23,432 | -29,168 | -25,806 | 4,545 | 37,702 | 2,191 | 4,442 | -5,350 | -12,724 | -20,540 | -45,801 | -53,927 | -44,078 | -50,204 | -9,708 | -13,437 | -15,908 | |
14P |
-23,432 | -25,806 | -25,806 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 3,363 | - | - | - | - | - | - | - | - | 47,801 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 4,545 | 37,702 | 2,191 | 4,442 | - | - | - | 2,000 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | 110 | 222 | - | - | - | 2,000 | - | - | - | - | - | - | |
6921 |
- | - | - | - | 4,545 | 37,702 | 2,081 | 4,220 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
1.2 | 1.5 | 2.4 | 1.8 | 3 | 1.5 | 1.6 | 1 | 1 | 1 | 1.2 | 1.1 | 1 | 1 | 1 | 1.1 | 2.2 | 2.1 | |
Hours worked1013 |
1,271 | 1,133 | 1,744 | 1,608 | 264 | 2,030 | 2,597 | 1,793 | 1,772 | 1,767 | 2,035 | 1,816 | 1,800 | 1,816 | 1,754 | 2,684 | 3,621 | 3,437 | |
| Document | |||||||||||||||||||
The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 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 29-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00531278.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-09-2026 | 2026-00531278 | |
| 31-12-2024 | micro format | 06-11-2025 | 2025-00563463 | |
| 31-12-2023 | micro format | 17-10-2024 | 2024-00509772 | |
| 31-12-2022 | micro format | 23-10-2023 | 2023-00492383 | |
| 31-12-2021 | micro format | 24-01-2023 | 2023-00002457 | |
| 31-12-2020 | micro format | 11-01-2022 | 2022-00700542 | |
| 31-12-2019 | micro format | 03-09-2021 | 2021-66200056 | |
| 31-12-2018 | micro format | 23-10-2019 | 2019-71400594 | |
| 31-12-2017 | micro format | 26-07-2018 | 2018-38100098 | |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64600389 | |
| 31-12-2015 | abbreviated format | 23-09-2016 | 2016-61600558 | |
| 31-12-2014 | abbreviated format | 24-09-2015 | 2015-60200108 | |
| 31-12-2013 | abbreviated format | 25-06-2014 | 2014-22200519 | |
| 31-12-2012 | abbreviated format | 05-07-2013 | 2013-28400120 | |
| 31-12-2011 | abbreviated format | 06-07-2012 | 2012-27300515 | |
| 31-12-2010 | abbreviated format | 04-07-2011 | 2011-27400209 | |
| 30-06-2009 | abbreviated format | 08-02-2010 | 2010-03800338 | |
| 30-06-2008 | abbreviated format | 28-01-2009 | 2009-02500242 | |
| 30-06-2007 | abbreviated format | 14-02-2008 | 2008-04700229 | |
| 30-06-2006 | abbreviated format | 10-01-2007 | 2007-01004723 | |
| 30-06-2005 | abbreviated format | 22-12-2005 | 2005-91104601 | |
| 30-06-2004 | abbreviated format | 29-12-2004 | 2004-89101904 | |
| 30-06-2003 | abbreviated format | 23-07-2004 | 2004-50104202 |
Subsidies and aid
Flemish government 2022, 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 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14,782 | 12,506 | -11,664 | 15,891 | 8,165 | 39,565 | 6,058 | 15,151 | 11,492 | 13,516 | -20,882 | 13,283 | -4,297 | 14,037 | -16,586 | 16,365 | 7,972 | -463 | ||
| 9,003 | 6,431 | 594 | -16,235 | 4,591 | 39,559 | 4,280 | 11,841 | 9,620 | 10,204 | -19,544 | 12,173 | -5,753 | 10,561 | -37,246 | 7,706 | 4,285 | -2,436 | ||
| 1,074 | 123 | 780 | 157,922 | 0 | 0 | 198 | 30 | 695 | 9,058 | 608 | 695 | 536 | 16,154 | 908 | 10,237 | 696 | 629 | ||
| -1,492 | -8,092 | 6,403 | -6,767 | -48 | -30,243 | 40,606 | 196 | -278 | -14,243 | -10,450 | 13,464 | 11,599 | -2,706 | -2,566 | -6,753 | - | - | ||
| 39,263 | 40,048 | 41,554 | 49,018 | 101,069 | 96,478 | 56,919 | 54,103 | 44,424 | 37,585 | 30,955 | 45,467 | 38,025 | 51,479 | 45,249 | 88,808 | 88,522 | 41,759 | ||
| 31.6% | 30.0% | 27.9% | 26.4% | 76.5% | 45.8% | 31.2% | 32.9% | 30.5% | 31.1% | 23.6% | 32.9% | 31.2% | 35.9% | 34.5% | 52.6% | 2.8% | 2.0% | ||
| 1.53 | 1.58 | 1.56 | 1.54 | 4.21 | 1.83 | 1.43 | 1.46 | 1.42 | 1.45 | 1.29 | 1.42 | 1.40 | 1.59 | 1.52 | 2.27 | 2.02 | 1.49 | ||
| 0.42 | 0.36 | 0.41 | 0.56 | 1.17 | 0.60 | 0.63 | 0.29 | 0.51 | 0.36 | 0.36 | 0.39 | 0.47 | 0.28 | 0.20 | 0.47 | 0.54 | 0.25 | ||
| 2.16 | 2.34 | 2.59 | 2.79 | 0.31 | 1.18 | 2.20 | 2.04 | 2.28 | 2.21 | 3.23 | 2.04 | 2.20 | 1.79 | 1.90 | 0.90 | 34.53 | 48.46 | ||
| 6.0% | 3.1% | -4.6% | -33.8% | 4.4% | 38.6% | 3.7% | 17.0% | 15.4% | 19.3% | -62.7% | 15.2% | -21.8% | 11.1% | -82.8% | 4.2% | 46.9% | -146.8% | ||
| 1.9% | 0.9% | -1.3% | -8.9% | 3.4% | 17.7% | 1.1% | 5.6% | 4.7% | 6.0% | -14.8% | 5.0% | -6.8% | 4.0% | -28.5% | 2.2% | 1.3% | -3.0% | ||
| 2.72 | 2.03 | -2.17 | 3.35 | 8.75 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 1 | 1 | 1 | 2 | 4 |
| full-time | 1 | 1 | 1 | 2 | 1 |
| part-time | - | - | - | - | 3 |
| in full-time equivalents | 1 | 1 | 1 | 2 | 1.9 |
| 1.2 | 1.5 | 2.4 | 1.8 | 1.9 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 2 |
| Joined | 2 | 2 | 2 | 2 | 1 |
| Left | 2 | 2 | 2 | 5 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,074 | - | €780 | €157,922 | - |
| €4,159 | €4,057 | €3,957 | €9,571 | €45 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ITWARE
The operating result for 2025 is 26% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 70.0% to 68.4%. Equity is higher and debt is lower.