Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITEF from Elsene, company number BE0416137522, closed financial year 2025 with a result of € 17,045 after tax. For that financial year ITEF recorded a gross margin of € 110,321 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 26,063 to € 17,045. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 1.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,045
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 12,359
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 816,224.
People and assets in 2025
€ 4,549
▼ 70% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 264,435
▼ 7% vs 2024
€ 17,330 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 6,611
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,545
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,942 | € 81,068 | € 122,480 | € 110,321 | ▼ 10% |
| Profit after taxes | € 11,962 | € 11,794 | € 26,063 | € 17,045 | ▼ 35% |
| Equity | € 1,071,322 | € 1,083,116 | € 1,109,179 | € 1,126,224 | ▲ 2% |
| Total debts | € 181,955 | € 280,353 | € 361,535 | € 301,986 | ▼ 16% |
| Cash | € 14,589 | € 7,774 | € 9,684 | € 12,359 | ▲ 28% |
| Land & buildings | € 1,226,209 | € 1,344,719 | € 1,456,939 | € 1,410,380 | ▼ 3% |
| Retained profit | € 761,322 | € 773,116 | € 799,179 | € 816,224 | ▲ 2% |
| Bank debt | € 143,495 | € 134,673 | € 285,677 | € 264,435 | ▼ 7% |
| Balance sheet total | € 1,253,277 | € 1,363,469 | € 1,470,714 | € 1,428,210 | ▼ 3% |
Key figures of ITEF, 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 ITEF?
What happened at ITEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,045 (▼ 35% vs 2024). Source: NBB ↗
- Diego Baron de FIERLANT DORMER stepped down as director. NBB
- Lorraine Baronne de FIERLANT DORMER stepped down as director. NBB
- Harold Baron de FIERLANT DORMER stepped down as director. NBB
- Barbara Baronne de FIERLANT DORMER stepped down as director. NBB
- Diego Baron de FIERLANT DORMER became a director. NBB
- Lorraine Baronne de FIERLANT DORMER became a director. NBB
- Harold Baron de FIERLANT DORMER became a director. NBB
In short
From € 11,962 profit in 2022 to € 17,045 profit in 2025.
Paid € 20,345 in corporate taxes since 2022.
Best year ever: 2024, with € 26,063 profit.
A new publication or filing at ITEF? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Diego Baron de FIERLANT DORMER
Managing director
since 2020 · until 2026
Lorraine Baronne de FIERLANT DORMER
Director
since 2020 · until 2026
Harold Baron de FIERLANT DORMER
Chairman of the board
since 2020 · until 2026
Barbara Baronne de FIERLANT DORMER
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Marsveldplein 5
1050 Elsene
Marsveldplein 5 box 14
1050 Elsene
Active since 26 July 1976
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.137.522
- VAT number
- BE 0416.137.522
- Registered office
- Marsveldplein 5, 1050 Elsene
- Names & denominations
- ITEF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1976
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Bosbouw en bosbouwactiviteiten
Bosbouw
Projectontwikkeling voor woningbouw
Ontwikkeling van residentiële bouwprojecten
Bosexploitatie
Exploitatie van bossen