What does ITALMASTER BELGIUM do?

ITALMASTER BELGIUM is registered with the CBE as active in: Vervaardiging van kleurstoffen en pigmenten. Public Limited, started on 27 October 2000, 1 establishment.

What is the address of ITALMASTER BELGIUM?

The registered office of ITALMASTER BELGIUM is located at Oefenpleinstraat 10, 9050 Gent.

Is ITALMASTER BELGIUM still active?

Yes. According to the CBE (30 October 2026) ITALMASTER BELGIUM is active, legal situation “Normale toestand”, started on 27 October 2000.

Is ITALMASTER BELGIUM registered on Peppol?

Yes, ITALMASTER BELGIUM is registered on the Peppol network with ID 0208:0473146697.

What is the enterprise number of ITALMASTER BELGIUM?

The enterprise number of ITALMASTER BELGIUM is BE0473146697.

When was ITALMASTER BELGIUM founded?

ITALMASTER BELGIUM was founded on 27 October 2000.

Who are the directors of ITALMASTER BELGIUM?

According to the 2025 annual accounts, the directors of ITALMASTER BELGIUM are: Frederick Pollet, Michel Staelens.

Is ITALMASTER BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 October 2000; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ITALMASTER BELGIUM make in 2025?

ITALMASTER BELGIUM posted a profit after taxes of € 229,748 in financial year 2025.

What is the revenue of ITALMASTER BELGIUM?

As a small company, ITALMASTER BELGIUM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,210,777.

How much does an employee at ITALMASTER BELGIUM earn?

The average wage cost per full-time employee at ITALMASTER BELGIUM was € 67,700 in 2025: staff costs of € 636,734 for 9.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ITALMASTER BELGIUM have?

According to the 2025 annual accounts, ITALMASTER BELGIUM has 9.4 full-time equivalents (FTE).

ITALMASTER BELGIUM (Public Limited) - Gent - BE0473146697

Dossier ITALMASTER BELGIUM, printed on 30 October 2026 from databakkes.be/en/0473146697/italmaster-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ITALMASTER BELGIUM from Gent, company number BE0473146697, closed financial year 2025 with a result of € 229,748 after tax. For that financial year ITALMASTER BELGIUM recorded a gross margin of € 1.2 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 406,650 to € 229,748. The company is profitable. 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 29, 2026.

What it is worth Growing

€ 2.7 million

▲ 28% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 229,748

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 177,178

▼ 34% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

44 % of the profit went to the shareholders, mostly to !R!5 (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

9.4

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 636,734

▲ 1% vs 2024

€ 67,700 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.

Vehicles and equipment

€ 97,325

▲ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 795,836

▼ 21% vs 2024

€ 381,388 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 244,197

▼ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 112,859

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 940,656 Gross margin 2022: € 940,656 First fiscal year in the series	€ 1,076,603 Gross margin 2023: € 1,076,603 ▲ 14% vs 2022 (€ 940,656) Favourable step	€ 1,401,412 Gross margin 2024: € 1,401,412 ▲ 30% vs 2023 (€ 1,076,603) Favourable step	€ 1,210,777 Gross margin 2025: € 1,210,777 ▼ 14% vs 2024 (€ 1,401,412) Unfavourable step	▼ 14%
Profit after taxes	€ 178,737 Profit after taxes 2022: € 178,737 First fiscal year in the series	€ 252,476 Profit after taxes 2023: € 252,476 ▲ 41% vs 2022 (€ 178,737) Favourable step	€ 406,650 Profit after taxes 2024: € 406,650 ▲ 61% vs 2023 (€ 252,476) Favourable step	€ 229,748 Profit after taxes 2025: € 229,748 ▼ 44% vs 2024 (€ 406,650) Unfavourable step	▼ 44%
Equity	€ 1,865,556 Equity 2022: € 1,865,556 First fiscal year in the series	€ 1,917,076 Equity 2023: € 1,917,076 ▲ 3% vs 2022 (€ 1,865,556) Favourable step	€ 2,122,770 Equity 2024: € 2,122,770 ▲ 11% vs 2023 (€ 1,917,076) Favourable step	€ 2,711,462 Equity 2025: € 2,711,462 ▲ 28% vs 2024 (€ 2,122,770) Favourable step	▲ 28%
Total debts	€ 2,319,721 Total debts 2022: € 2,319,721 First fiscal year in the series	€ 2,227,693 Total debts 2023: € 2,227,693 ▼ 4% vs 2022 (€ 2,319,721) Favourable step	€ 1,801,236 Total debts 2024: € 1,801,236 ▼ 19% vs 2023 (€ 2,227,693) Favourable step	€ 1,264,422 Total debts 2025: € 1,264,422 ▼ 30% vs 2024 (€ 1,801,236) Favourable step	▼ 30%
Cash	€ 285,771 Cash 2022: € 285,771 First fiscal year in the series	€ 558,386 Cash 2023: € 558,386 ▲ 95% vs 2022 (€ 285,771) Favourable step	€ 269,150 Cash 2024: € 269,150 ▼ 52% vs 2023 (€ 558,386) Unfavourable step	€ 177,178 Cash 2025: € 177,178 ▼ 34% vs 2024 (€ 269,150) Unfavourable step	▼ 34%
Land & buildings	€ 908,730 Land & buildings 2022: € 908,730 First fiscal year in the series	€ 807,127 Land & buildings 2023: € 807,127 ▼ 11% vs 2022 (€ 908,730) Unchanged	€ 708,182 Land & buildings 2024: € 708,182 ▼ 12% vs 2023 (€ 807,127) Unchanged	€ 1,072,688 Land & buildings 2025: € 1,072,688 ▲ 51% vs 2024 (€ 708,182) Unchanged	▲ 51%
Retained profit	€ 1,365,618 Retained profit 2022: € 1,365,618 First fiscal year in the series	€ 1,475,613 Retained profit 2023: € 1,475,613 ▲ 8% vs 2022 (€ 1,365,618) Favourable step	€ 1,739,781 Retained profit 2024: € 1,739,781 ▲ 18% vs 2023 (€ 1,475,613) Favourable step	€ 1,927,047 Retained profit 2025: € 1,927,047 ▲ 11% vs 2024 (€ 1,739,781) Favourable step	▲ 11%
Dividend	€ 100,000 Dividend 2022: € 100,000 First fiscal year in the series	€ 200,000 Dividend 2023: € 200,000 ▲ 100% vs 2022 (€ 100,000) Unchanged	€ 200,000 Dividend 2024: € 200,000 Unchanged (€ 200,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 50% vs 2024 (€ 200,000) Unchanged	▼ 50%
Bank debt	€ 1,853,569 Bank debt 2022: € 1,853,569 First fiscal year in the series	€ 1,410,174 Bank debt 2023: € 1,410,174 ▼ 24% vs 2022 (€ 1,853,569) Favourable step	€ 1,010,372 Bank debt 2024: € 1,010,372 ▼ 28% vs 2023 (€ 1,410,174) Favourable step	€ 795,836 Bank debt 2025: € 795,836 ▼ 21% vs 2024 (€ 1,010,372) Favourable step	▼ 21%
Balance sheet total	€ 4,190,526 Balance sheet total 2022: € 4,190,526 First fiscal year in the series	€ 4,149,700 Balance sheet total 2023: € 4,149,700 ▼ 1% vs 2022 (€ 4,190,526) Unchanged	€ 3,928,617 Balance sheet total 2024: € 3,928,617 ▼ 5% vs 2023 (€ 4,149,700) Unchanged	€ 3,980,177 Balance sheet total 2025: € 3,980,177 ▲ 1% vs 2024 (€ 3,928,617) Unchanged	▲ 1%
Employees (FTE)	9.7 Employees (FTE) 2022: 9.7 First fiscal year in the series	9.4 Employees (FTE) 2023: 9.4 ▼ 0.3 vs 2022 (9.7) Unchanged	9.5 Employees (FTE) 2024: 9.5 ▲ 0.1 vs 2023 (9.4) Unchanged	9.4 Employees (FTE) 2025: 9.4 ▼ 0.1 vs 2024 (9.5) Unchanged	▼ 0.1

Key figures of ITALMASTER BELGIUM, 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 ITALMASTER BELGIUM?

What happened at ITALMASTER BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Frederick Pollet stepped down as director. NBB
2029 Michel Staelens stepped down as director. NBB
Jul 29, 2026 New annual accounts for financial year 2025: profit of € 229,748 (▼ 44% vs 2024). Source: NBB ↗
2023 Frederick Pollet became a director. NBB
2023 Michel Staelens became a director. NBB
Jan 15, 2001 New establishment in Gent. KBO
Oct 27, 2000 Start of the company according to the CBE. KBO

In short

From € 178,737 profit in 2022 to € 229,748 profit in 2025.

Paid € 355,194 in corporate taxes since 2022.

Best year ever: 2024, with € 406,650 profit.

On average € 128,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

!R!5 100%

The stake of !R!5 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ITALMASTER BELGIUM

The shares are held by !R!5 (100%).

Directors

According to the 2025 annual accounts

Frederick Pollet

Managing director

Also active at: PAMO METAALCONSTRUCTIES & ENGINEERING, PRODIM, GRADA INTERNATIONAL, ATH3NA, ALGEMENE METAALBEWERKING SCHAERLAEKEN, H3PHA!5T05

since 2023 · until 2029

Michel Staelens

Director

Also active at: !R!5

since 2023 · until 2029

Shareholders

!R!5

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oefenpleinstraat 10

9050 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.146.697

VAT number

BE 0473.146.697

Registered office

Oefenpleinstraat 10, 9050 Gent

Names & denominations

ITALMASTER BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 October 2000

Peppol

Active · Active since 27 Mar 2026

Contact

[email protected] 0476454088

Activities · NACE

Vervaardiging van kleurstoffen en pigmenten

Vervaardiging van overige producten van kunststof

Vervaardiging van andere producten van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

ITALMASTER BELGIUM

Financials

What happened to ITALMASTER BELGIUM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions