What does Industrial International Tire Company do?

Industrial International Tire Company is registered with the CBE as active in: Groothandel in onderdelen en accessoires van auto's. Public Limited, started on 9 February 1979, 1 establishment.

What is the address of Industrial International Tire Company?

The registered office of Industrial International Tire Company is located at Guddegemstraat 45, 2160 Wommelgem.

Is Industrial International Tire Company still active?

Yes. According to the CBE (31 October 2026) Industrial International Tire Company is active, legal situation “Normale toestand”, started on 9 February 1979.

Is Industrial International Tire Company registered on Peppol?

Yes, Industrial International Tire Company is registered on the Peppol network with ID 0208:0419130070.

What is the enterprise number of Industrial International Tire Company?

The enterprise number of Industrial International Tire Company is BE0419130070.

When was Industrial International Tire Company founded?

Industrial International Tire Company was founded on 9 February 1979.

Who are the directors of Industrial International Tire Company?

According to the 2025 annual accounts, the directors of Industrial International Tire Company are: M invest NV, Leslie Helsen, ITC International Tire NV.

Is Industrial International Tire Company a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 February 1979; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Industrial International Tire Company make in 2025?

Industrial International Tire Company posted a profit after taxes of € 505,504 in financial year 2025.

What is the revenue of Industrial International Tire Company?

In its most recent annual accounts (2025), Industrial International Tire Company reported revenue of € 5,160,682.

How much does an employee at Industrial International Tire Company earn?

The average wage cost per full-time employee at Industrial International Tire Company was € 76,300 in 2025: staff costs of € 678,918 for 8.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Industrial International Tire Company have?

According to the 2025 annual accounts, Industrial International Tire Company has 8.9 full-time equivalents (FTE).

Industrial International Tire Company (Public Limited)

Dossier Industrial International Tire Company, printed on 31 October 2026 from databakkes.be/en/0419130070/industrial-international-tire-company. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Industrial International Tire Company from Wommelgem, company number BE0419130070, closed financial year 2025 with a result of € 505,504 after tax. For that financial year Industrial International Tire Company recorded revenue of € 5.2 million and equity of € 6.1 million. Compared with financial year 2023, the result moved from € 1.3 million to € 505,504. 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 June 3, 2026.

What it is worth Growing

€ 6.1 million

▲ 28% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 505,504

▼ 61% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 301,677

▼ 89% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.6 million.

People and assets in 2025

Full-time equivalents

8.9

▲ 1.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 678,918

▲ 22% vs 2023

€ 76,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 145,860

▲ 115% vs 2023

Of which on lease € 46,266.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 34,247

€ 12,744 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 988,126

▲ 76% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.

Taxes and wages

€ 118,394

▼ 37% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2025	Change 2023 → 2025
Revenue	€ 6,013,984 Revenue 2021: € 6,013,984 First fiscal year in the series	€ 6,789,680 Revenue 2022: € 6,789,680 ▲ 13% vs 2021 (€ 6,013,984) Favourable step	€ 6,227,425 Revenue 2023: € 6,227,425 ▼ 8% vs 2022 (€ 6,789,680) Unfavourable step	€ 5,160,682 Revenue 2025: € 5,160,682 ▼ 17% vs 2023 (€ 6,227,425) Unfavourable step	▼ 17%
Profit after taxes	€ 1,263,783 Profit after taxes 2021: € 1,263,783 First fiscal year in the series	€ 1,491,806 Profit after taxes 2022: € 1,491,806 ▲ 18% vs 2021 (€ 1,263,783) Favourable step	€ 1,297,679 Profit after taxes 2023: € 1,297,679 ▼ 13% vs 2022 (€ 1,491,806) Unfavourable step	€ 505,504 Profit after taxes 2025: € 505,504 ▼ 61% vs 2023 (€ 1,297,679) Unfavourable step	▼ 61%
Equity	€ 2,392,391 Equity 2021: € 2,392,391 First fiscal year in the series	€ 3,599,068 Equity 2022: € 3,599,068 ▲ 50% vs 2021 (€ 2,392,391) Favourable step	€ 4,722,693 Equity 2023: € 4,722,693 ▲ 31% vs 2022 (€ 3,599,068) Favourable step	€ 6,055,849 Equity 2025: € 6,055,849 ▲ 28% vs 2023 (€ 4,722,693) Favourable step	▲ 28%
Total debts	€ 1,655,370 Total debts 2021: € 1,655,370 First fiscal year in the series	€ 1,097,155 Total debts 2022: € 1,097,155 ▼ 34% vs 2021 (€ 1,655,370) Favourable step	€ 929,405 Total debts 2023: € 929,405 ▼ 15% vs 2022 (€ 1,097,155) Favourable step	€ 1,141,036 Total debts 2025: € 1,141,036 ▲ 23% vs 2023 (€ 929,405) Unfavourable step	▲ 23%
Cash	€ 1,322,996 Cash 2021: € 1,322,996 First fiscal year in the series	€ 1,204,496 Cash 2022: € 1,204,496 ▼ 9% vs 2021 (€ 1,322,996) Unfavourable step	€ 2,865,292 Cash 2023: € 2,865,292 ▲ 138% vs 2022 (€ 1,204,496) Favourable step	€ 301,677 Cash 2025: € 301,677 ▼ 89% vs 2023 (€ 2,865,292) Unfavourable step	▼ 89%
Retained profit	€ 1,892,391 Retained profit 2021: € 1,892,391 First fiscal year in the series	€ 3,099,068 Retained profit 2022: € 3,099,068 ▲ 64% vs 2021 (€ 1,892,391) Favourable step	€ 4,222,693 Retained profit 2023: € 4,222,693 ▲ 36% vs 2022 (€ 3,099,068) Favourable step	€ 5,555,849 Retained profit 2025: € 5,555,849 ▲ 32% vs 2023 (€ 4,222,693) Favourable step	▲ 32%
Dividend	€ 164,524 Dividend 2021: € 164,524 First fiscal year in the series	€ 285,130 Dividend 2022: € 285,130 ▲ 73% vs 2021 (€ 164,524) Unchanged	€ 174,054 Dividend 2023: € 174,054 ▼ 39% vs 2022 (€ 285,130) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2023 (€ 174,054) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 0 Bank debt 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 34,247 Bank debt 2025: € 34,247 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 4,048,698 Balance sheet total 2021: € 4,048,698 First fiscal year in the series	€ 4,696,560 Balance sheet total 2022: € 4,696,560 ▲ 16% vs 2021 (€ 4,048,698) Unchanged	€ 5,652,098 Balance sheet total 2023: € 5,652,098 ▲ 20% vs 2022 (€ 4,696,560) Unchanged	€ 7,196,885 Balance sheet total 2025: € 7,196,885 ▲ 27% vs 2023 (€ 5,652,098) Unchanged	▲ 27%
Employees (FTE)	8.1 Employees (FTE) 2021: 8.1 First fiscal year in the series	8.2 Employees (FTE) 2022: 8.2 ▲ 0.1 vs 2021 (8.1) Unchanged	7.6 Employees (FTE) 2023: 7.6 ▼ 0.6 vs 2022 (8.2) Unchanged	8.9 Employees (FTE) 2025: 8.9 ▲ 1.3 vs 2023 (7.6) Unchanged	▲ 1.3

Key figures of Industrial International Tire Company, fiscal years 2021 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 Industrial International Tire Company?

What happened at Industrial International Tire Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 M invest NV stepped down as director. NBB
2030 Leslie Helsen stepped down as director. NBB
2030 ITC International Tire NV stepped down as director. NBB
Jun 3, 2026 New annual accounts for financial year 2025: profit of € 505,504 (▼ 61% vs 2023). Source: NBB ↗
2025 Leslie Helsen became a director. NBB
2024 ITC International Tire NV became a director. NBB
2024 M invest NV became a director. NBB
Feb 14, 1979 New establishment in Wommelgem. KBO

In short

From € 1.3 million profit in 2021 to € 505,504 profit in 2025.

Paid € 1.4 million in corporate taxes since 2021.

Best year ever: 2022, with € 1.5 million profit.

Paid out € 623,707 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ITC INTERNATIONAL TIRE 100%

MICHELIN BELUX 100%

The stake of ITC INTERNATIONAL TIRE, MICHELIN BELUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Industrial International Tire Company

The shares are held by ITC INTERNATIONAL TIRE (100%) and MICHELIN BELUX (100%).

Directors

According to the 2025 annual accounts

M invest NV

Managing director · represented by Gregory Mespreuve

Also active at: ITC INTERNATIONAL TIRE

since 2024 · until 2030

Leslie Helsen

Director

Also active at: ITC INTERNATIONAL TIRE

since 2025 · until 2030

ITC International Tire NV

Managing director · represented by Rainer Odenthal

since 2024 · until 2030

Shareholders

ITC INTERNATIONAL TIRE

100%

MICHELIN BELUX

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Guddegemstraat 45

2160 Wommelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0419.130.070

VAT number

BE 0419.130.070

Registered office

Guddegemstraat 45, 2160 Wommelgem

Names & denominations

Industrial International Tire Company · I.T.Co

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 February 1979

Peppol

Active · Active since 12 Sept 2025

Activities · NACE

Groothandel in onderdelen en accessoires van auto's

Groothandel in delen en toebehoren van motorvoertuigen

Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen

Groothandel in niet-elektrische huishoudelijke artikelen

Groothandel in vaat- en glaswerk

View on CBE Public ↗ Annual accounts (NBB) ↗