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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITAL - GLACES from Sint-Agatha-Berchem, company number BE0440061185, closed financial year 2025 with a result of € -31,465 after tax. For that financial year ITAL - GLACES recorded a gross margin of € 115,664 and equity of € 126,929. Compared with financial year 2024, the result moved from € 65,914 to € -31,465. The company made a loss. 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 August 3, 2026.
€ 126,929
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,465
▼ still € 65,914 profit in 2024
Profit after tax over the fiscal year.
€ 28,281
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 124,450.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 89,000
▲ 54% 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.
€ 144,746
▲ € 118,926 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 38,284
Loans from banks and other lenders, long and short.
€ 5,602
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,949
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,684 | € 61,727 | € 136,443 | € 115,664 | ▼ 15% |
| Profit after taxes | € 29,201 | € 37,966 | € 65,914 | € -31,465 | ▼ € 97,379 |
| Equity | € 54,514 | € 92,480 | € 158,394 | € 126,929 | ▼ 20% |
| Total debts | € 44,880 | € 45,546 | € 49,658 | € 107,929 | ▲ 117% |
| Cash | € 55,600 | € 80,136 | € 133,109 | € 28,281 | ▼ 79% |
| Land & buildings | € 40,885 | € 36,342 | € 31,800 | € 27,257 | ▼ 14% |
| Retained profit | € 52,035 | € 90,001 | € 155,915 | € 124,450 | ▼ 20% |
| Bank debt | € 0 | € 0 | € 0 | € 38,284 | |
| Balance sheet total | € 99,394 | € 138,025 | € 208,051 | € 234,858 | ▲ 13% |
Key figures of ITAL - GLACES, 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 ITAL - GLACES?
What happened at ITAL - GLACES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,465 (▼ € 97,379 vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,201 profit in 2022 to € 31,465 loss in 2025.
Paid € 35,994 in corporate taxes since 2022.
Best year ever: 2024, with € 65,914 profit.
Management
Behind ITAL - GLACES is Giuseppe Evangelista.
Directors
According to the 2025 annual accounts
Giuseppe Evangelista
Administrator-manager
Establishments
Establishment units
Physical locations of this company
René Comhairelaan 20
1082 Sint-Agatha-Berchem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.061.185
- VAT number
- BE 0440.061.185
- Registered office
- René Comhairelaan 20, 1082 Sint-Agatha-Berchem
- Names & denominations
- ITAL - GLACES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1990
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Vervaardiging van roomijs en ander consumptie-ijs
Vervaardiging van consumptie-ijs
Detailhandel in groenten en fruit
Markt- en straathandel in voedings- en genotmiddelen