Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ITICON from Brugge, company number BE0440163531, closed financial year 2025 with a result of € 28,350 after tax. For that financial year ITICON recorded a gross margin of € 243,901 and equity of € 861,873. Compared with financial year 2024, the result moved from € 14,331 to € 28,350. 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 July 3, 2026.
€ 861,873
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,350
▲ 98% vs 2024
Profit after tax over the fiscal year.
€ 432,433
▲ 33% 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 € 786,873.
People and assets in 2025
2.1
Average over the fiscal year, from the social balance sheet.
€ 186,513
▲ 6% vs 2024
€ 88,800 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.
€ 528
▼ 51% 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.
€ 5,158
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,996
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 373,599 | € 238,953 | € 214,550 | € 243,901 | ▲ 14% |
| Profit after taxes | € 110,853 | € 26,276 | € 14,331 | € 28,350 | ▲ 98% |
| Equity | € 847,477 | € 851,454 | € 855,807 | € 861,873 | ▲ 1% |
| Total debts | € 124,500 | € 243,387 | € 50,410 | € 55,438 | ▲ 10% |
| Cash | € 68,437 | € 62,747 | € 325,500 | € 432,433 | ▲ 33% |
| Land & buildings | € 44,634 | € 42,098 | € 39,563 | € 37,028 | ▼ 6% |
| Retained profit | € 772,477 | € 776,454 | € 780,807 | € 786,873 | ▲ 1% |
| Dividend | € 60,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 150,000 | € 0 | € 0 | |
| Balance sheet total | € 971,977 | € 1,094,842 | € 906,217 | € 917,311 | ▲ 1% |
| Employees (FTE) | 2.3 | 2.1 | 2.1 | 2.1 |
Key figures of ITICON, 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 ITICON?
What happened at ITICON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,350 (▲ 98% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 110,853 profit in 2022 to € 28,350 profit in 2025.
Paid € 65,844 in corporate taxes since 2022.
Best year ever: 2022, with € 110,853 profit.
On average € 116,100 of value added per employee in 2025.
Management
The stake of EGYPTE INVEST, WYMEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ITICONBehind ITICON are EGYPTE INVEST NV, Glenn VERMEESCH, SIBICO VOF and WYMEX NV. The shares are held by EGYPTE INVEST (25%) and WYMEX (25%).
Directors
According to the 2025 annual accounts
Managing director · represented by Francis COUCKE
Also active at: Copand Investments, BECOPROM
Glenn VERMEESCH
Director
Managing director · represented by Sigrid VAN PAEMELEN
Managing director · represented by Eric WYFFELS
Shareholders
25%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 9 box B1
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →EL.G.B. - West-Vlaanderen
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+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.163.531
- VAT number
- BE 0440.163.531
- Registered office
- Pathoekeweg 9 bus B1, 8000 Brugge
- Names & denominations
- ITICON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1990
- Peppol
- Active · Active since 4 Mar 2026
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik
Groothandel in chemische producten