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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITAMCO from Sint-Gillis (bij-Brussel), company number BE0449076940, closed financial year 2025 with a result of € -4,959 after tax. For that financial year ITAMCO recorded a gross margin of € 3,266 and equity of € -57,162. Compared with financial year 2024, the result moved from € -13,522 to € -4,959. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2026.
€ -57,162
▼ € 4,959 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,959
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,930
▲ € 3,343 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,754.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,259
▼ 46% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 1,863
▼ 4% 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.
€ 8,424
Supplier invoices still open on the last day of the fiscal year.
€ 3,129
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,168 | € 25,741 | € -405 | € 3,266 | ▲ € 3,671 |
| Profit after taxes | € 8,967 | € -342 | € -13,522 | € -4,959 | ▲ € 8,563 |
| Equity | € -51,338 | € -51,680 | € -52,202 | € -57,162 | ▼ € 4,959 |
| Total debts | € 80,896 | € 71,753 | € 74,546 | € 70,571 | ▼ 5% |
| Cash | € 3,456 | € 8,653 | € 588 | € 3,930 | ▲ € 3,343 |
| Retained profit | € -69,930 | € -70,272 | € -70,794 | € -75,754 | ▼ € 4,959 |
| Balance sheet total | € 29,558 | € 20,073 | € 22,344 | € 13,410 | ▼ 40% |
Key figures of ITAMCO, 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 ITAMCO?
What happened at ITAMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,959. filed late Source: NBB ↗
- Claude ORTASSE became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 8,967 profit in 2022 to € 4,959 loss in 2025.
Paid € 3,783 in corporate taxes since 2022.
Best year ever: 2022, with € 8,967 profit.
Management
Behind ITAMCO is Claude ORTASSE.
Directors
According to the 2025 annual accounts
Claude ORTASSE
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Waterlose Steenweg 256
1060 Sint-Gillis (bij-Brussel)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.076.940
- VAT number
- BE 0449.076.940
- Registered office
- Waterlose Steenweg 256, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- ITAMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1992
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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