Financials
Financial year 2025
ITE from Sint-Niklaas, company number BE0428864021, closed financial year 2025 with a result of € 29,567 after tax. For that financial year ITE recorded a gross margin of € 1.2 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 24,843 to € 29,567. Profitable, and profit is growing. 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 16, 2026.
€ 7.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,567
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
68 % of the profit went to the shareholders, mostly to ITH (100 % of the shares). That is where the money ends up.
People and assets in 2025
11.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 12% vs 2024
€ 105,400 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.
€ 196,709
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 352,164
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 122,187
▼ 25% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 1,357,249 | € 1,219,287 | ▼ 10% |
| Profit after taxes | € 24,843 | € 29,567 | ▲ 19% |
| Equity | € 7,291,431 | € 7,300,998 | |
| Total debts | € 492,968 | € 494,351 | |
| Cash | € 3,714,559 | € 2,634,586 | ▼ 29% |
| Land & buildings | € 1,838,216 | € 2,911,049 | ▲ 58% |
| Retained profit | € 7,111,431 | € 7,120,998 | |
| Dividend | € 20,000 | € 20,000 | |
| Balance sheet total | € 7,784,399 | € 7,795,349 | |
| Employees (FTE) | 12.6 | 11.3 | ▼ 1.3 |
By gross margin, ITE ranks 2nd of 8 companies with main activity “Groothandel in elektrisch materiaal, inclusief installatiemateriaal” in Sint-Niklaas that publish figures (fiscal year 2025).
Key figures of ITE, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about ITE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ITE?
What happened at ITE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ITE INTERNATIONAL stepped down as director. NBB
- Maxime Quévillon stepped down as director. NBB
- Sophie Quévillon stepped down as director. NBB
- Daniel Heymans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 29,567 (▲ 19% vs 2024). Source: NBB ↗
- ITE INTERNATIONAL became a director. NBB
- Maxime Quévillon became a director. NBB
- Sophie Quévillon became a director. NBB
In short
From € 24,843 profit in 2024 to € 29,567 profit in 2025.
Paid € 2,613 in corporate taxes since 2024.
Best year ever: 2025, with € 29,567 profit.
On average € 107,900 of value added per employee in 2025.
Management
The stake of ITH, ITE INTERNATIONAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ITEThe shares are held by ITH (99.9%) and ITE INTERNATIONAL (0.1%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2027
Shareholders
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark-Oost 24
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Similar companies in Sint-Niklaas
Same main activity (Groothandel in elektrisch materiaal, inclusief installatiemateriaal), 8 active companies in Sint-Niklaas, largest first.
€ 146.3 million revenue · 2025
€ 1.4 million gross margin · 2025
€ 955,950 gross margin · 2025
€ 673,319 gross margin · 2025
€ 631,921 gross margin · 2025
€ 215,812 gross margin · 2025
Details
- Company number
- 0428.864.021
- VAT number
- BE 0428.864.021
- Registered office
- Europark-Oost 24, 9100 Sint-Niklaas
- Names & denominations
- ITE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
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