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 2023 and 2024.
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Busy address KBO
36 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 2024
ITEESI, EUROPEAN DIVISION, BELGIUM from Eupen, company number BE0454028096, closed financial year 2024 with a result of € -35,587 after tax. For that financial year ITEESI, EUROPEAN DIVISION, BELGIUM recorded a gross margin of € -33,739 and equity of € 18,289. Compared with financial year 2023, the result moved from € -10,032 to € -35,587. The company made a loss. The buffer shrank hard: equity is 66 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 18,289
▼ 66% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,587
▼ 255 % more loss than in 2023
Profit after tax over the fiscal year.
€ 4,090
▲ € 3,933 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,711.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 610
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 47,061
▲ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,984
▼ 11% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 15,507 | € 15,742 | € 16,208 | € -33,739 | ▼ € 49,946 |
| Profit after taxes | € 9,682 | € 7,186 | € -10,032 | € -35,587 | ▼ € 25,556 |
| Equity | € 56,721 | € 63,908 | € 53,876 | € 18,289 | ▼ 66% |
| Total debts | € 90,118 | € 61,749 | € 127,682 | € 167,197 | ▲ 31% |
| Cash | € 1,787 | € 4,511 | € 157 | € 4,090 | ▲ € 3,933 |
| Retained profit | € 16,721 | € 23,908 | € 13,876 | € -21,711 | ▼ € 35,587 |
| Balance sheet total | € 146,839 | € 125,656 | € 181,558 | € 185,485 | ▲ 2% |
Key figures of ITEESI, EUROPEAN DIVISION, BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ITEESI, EUROPEAN DIVISION, BELGIUM?
What happened at ITEESI, EUROPEAN DIVISION, BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 35,587. filed late Source: NBB ↗
- New establishment in Eupen. KBO
- Christine GRYSCZYK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,682 profit in 2021 to € 35,587 loss in 2024.
Paid € 7,713 in corporate taxes since 2021.
Best year ever: 2021, with € 9,682 profit.
Management
Behind ITEESI, EUROPEAN DIVISION, BELGIUM is Christine GRYSCZYK.
Directors
According to the 2024 annual accounts
Christine GRYSCZYK
Director
since 1994
Establishments
Establishment units
Physical locations of this company
Hütte 79 box 17
4700 Eupen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 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
- 0454.028.096
- VAT number
- BE 0454.028.096
- Registered office
- Hütte 79 bus 17, 4700 Eupen
- Names & denominations
- ITEESI, EUROPEAN DIVISION, BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1994
- Peppol
- Not registered
- Activities · NACE
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