Financials
Financial year 2025
ITACO from Etterbeek, company number BE0424972440, closed financial year 2025 with a result of € 14,687 after tax. For that financial year ITACO recorded a gross margin of € 180,456 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 12,565 to € 14,687. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 21, 2026.
€ 1.5 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,687
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 97,350
▲ 18% 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 € 1.3 million.
Debts at end 2025
€ 799,811
▼ 21% vs 2024
€ 112,542 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 7,448
▲ € 6,448 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 180,508 | € 193,171 | € 189,956 | € 180,456 | ▼ 5% |
| Profit after taxes | € 16,880 | € 18,249 | € 12,565 | € 14,687 | ▲ 17% |
| Equity | € 1,901,583 | € 1,919,832 | € 1,932,397 | € 1,492,946 | ▼ 23% |
| Total debts | € 1,202,639 | € 1,100,164 | € 1,042,338 | € 819,090 | ▼ 21% |
| Cash | € 54,030 | € 74,776 | € 82,519 | € 97,350 | ▲ 18% |
| Land & buildings | € 3,031,698 | € 2,918,824 | € 2,874,777 | € 2,318,885 | ▼ 19% |
| Retained profit | € 1,839,610 | € 1,857,858 | € 1,870,423 | € 1,336,127 | ▼ 29% |
| Bank debt | € 1,173,128 | € 1,075,813 | € 1,010,864 | € 799,811 | ▼ 21% |
| Balance sheet total | € 3,230,701 | € 3,137,324 | € 3,085,499 | € 2,416,235 | ▼ 22% |
Key figures of ITACO, 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 ITACO?
What happened at ITACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,687 (▲ 17% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 16,880 profit in 2022 to € 14,687 profit in 2025.
Paid € 67,520 in corporate taxes since 2022.
Best year ever: 2023, with € 18,249 profit.
A new publication or filing at ITACO? 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
Behind ITACO are Priscilla MOREL DE WESTGAVER and Emmanuel MOREL DE WESTGAVER.
Directors
According to the 2025 annual accounts
Priscilla MOREL DE WESTGAVER
Managing director
Emmanuel MOREL DE WESTGAVER
Managing director
Establishments
Establishment units
Physical locations of this company
Nestor Plissartlaan 6
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.972.440
- VAT number
- BE 0424.972.440
- Registered office
- Nestor Plissartlaan 6, 1040 Etterbeek
- Names & denominations
- ITACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1983
- Peppol
- Active · Active since 18 Jun 2026