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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION from Elsene, company number BE0441894683, closed financial year 2025 with a result of € -12,714 after tax. For that financial year ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION recorded a gross margin of € 80,328 and equity of € 902,711. Compared with financial year 2024, the result moved from € -154,826 to € -12,714. 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 June 23, 2026.
€ 902,711
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,714
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 970,590
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 902,711.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 113,154
▼ 13% vs 2024
€ 113,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,535
▼ 67% 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 | € 88,248 | € -24,169 | € -21,064 | € 80,328 | ▲ € 101,393 |
| Profit after taxes | € -69,840 | € -149,533 | € -154,826 | € -12,714 | ▲ € 142,112 |
| Equity | € 1,219,786 | € 1,070,252 | € 915,426 | € 902,711 | ▼ 1% |
| Total debts | € 188,793 | € 165,848 | € 252,251 | € 92,225 | ▼ 63% |
| Cash | € 1,407,123 | € 1,222,387 | € 1,154,200 | € 970,590 | ▼ 16% |
| Retained profit | € 1,219,786 | € 1,070,252 | € 915,426 | € 902,711 | ▼ 1% |
| Balance sheet total | € 1,408,579 | € 1,236,100 | € 1,167,676 | € 994,936 | ▼ 15% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION, 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 ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION?
What happened at ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,714. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 69,840 loss in 2022 to € 12,714 loss in 2025.
Paid € 12,531 in corporate taxes since 2022.
On average € 80,300 of value added per employee in 2025.
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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 ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION are Eric Rowe, Damian Göppert, Teemu Liukkonen, David Vine, Daisuke Konishi and David Avedesian.
Directors
According to the 2025 annual accounts
Eric Rowe
Director
Damian Göppert
Director
Teemu Liukkonen
Vice-chairman of the board
David Vine
Director
Daisuke Konishi
Director
David Avedesian
Director
Shequan Wang
Director
Andreas Bock
Chairman of the board
Philippe Ringeisen
Director
Zeiler Management GmbH
Secrétaire général · represented by Burghard ZEILER
Xinling Zhang
Director
Tao Xu
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.894.683
- VAT number
- BE 0441.894.683
- Registered office
- Louizalaan 489, 1050 Elsene
- Names & denominations
- ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION
- Enterprise type
- Rechtspersoon
- Legal form
- International scientific organisation under Belgian law
- Legal situation
- Normale toestand
- Start date
- 8 November 1990
- Peppol
- Not registered