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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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I.T.T. from Roeselare, company number BE0461070395, closed financial year 2025 with a result of € -40,175 after tax. For that financial year I.T.T. recorded a gross margin of € 339,073 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 18,948 to € -40,175. 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 February 17, 2026.
€ 1.3 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,175
▼ still € 18,948 profit in 2024
Profit after tax over the fiscal year.
€ 221,996
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 323,574.
People and assets in 2025
4.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 235,166
▲ 22% vs 2024
€ 54,700 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.
€ 205,561
▼ 25% vs 2024
Of which on lease € 92,000.
Debts at end 2025
€ 265,876
▼ 33% vs 2024
€ 38,170 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 505,580
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,740
▲ 175% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 315,579 | € 265,652 | € 345,033 | € 339,073 | ▼ 2% |
| Profit after taxes | € 41,435 | € 2,906 | € 18,948 | € -40,175 | ▼ € 59,123 |
| Equity | € 1,315,501 | € 1,318,407 | € 1,337,355 | € 1,297,180 | ▼ 3% |
| Total debts | € 1,166,309 | € 1,720,551 | € 2,070,022 | € 2,114,805 | ▲ 2% |
| Cash | - | - | € 287,612 | € 221,996 | ▼ 23% |
| Land & buildings | € 20,027 | € 23,054 | € 28,429 | € 24,110 | ▼ 15% |
| Retained profit | € 341,895 | € 344,801 | € 363,749 | € 323,574 | ▼ 11% |
| Bank debt | € 207,162 | € 120,817 | € 396,269 | € 265,876 | ▼ 33% |
| Balance sheet total | € 2,481,810 | € 3,038,958 | € 3,407,377 | € 3,411,986 | |
| Employees (FTE) | 4 | 4 | 4 | 4.3 | ▲ 0.3 |
By gross margin, I.T.T. ranks 14th of 28 companies with main activity “Groothandel in andere motorvoertuigen (> 3,5 ton)” in West Flanders that publish figures (fiscal year 2025).
Key figures of I.T.T., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about I.T.T. the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to I.T.T.?
What happened at I.T.T. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arleen DECRU stepped down as director. NBB
- Ivan INGELS stepped down as director. NBB
- Hamaco BVBA stepped down as director. NBB
- JVA BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 40,175 (▼ € 59,123 vs 2024). filed late Source: NBB ↗
- IMMO INRO NV stepped down as director. NBB
- Arleen DECRU became a director. NBB
- IMMO INRO NV became a director. NBB
In short
From € 41,435 profit in 2022 to € 40,175 loss in 2025.
Paid € 2,938 in corporate taxes since 2022.
Best year ever: 2022, with € 41,435 profit.
On average € 78,900 of value added per employee in 2025.
Management
The stake of Immo Inro comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
I.T.T.The shares are held by Immo Inro (99%).
Directors
According to the 2025 annual accounts
since 2014 · until 2029
since 2014 · until 2022
Ivan INGELS
Managing director
· until 2029
Director · represented by Dave Ingels
since 2014 · until 2029
Director · represented by Steve Ingels
since 2014 · until 2029
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oekensestraat 146A
8800 Roeselare
Oekensestraat 146
8800 Roeselare
Active since 11 August 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0461.070.395
- VAT number
- BE 0461.070.395
- Registered office
- Oekensestraat 146A, 8800 Roeselare
- Names & denominations
- I.T.T.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 1997
- Peppol
- Active · Active since 2 Jul 2025
- Contact
- ingels.be [email protected] 051241111
- Activities · NACE
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in aanhangwagens, opleggers en caravans
Handel in aanhangwagens, opleggers en caravans