Financials
Financial year 2025
ITSWISE from Hasselt, company number BE0479971935, closed financial year 2025 with a result of € -31,468 after tax. For that financial year ITSWISE recorded a gross margin of € -1,294 and equity of € 43,744. Compared with financial year 2024, the result moved from € 6,191 to € -31,468. 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 July 31, 2026.
€ 43,744
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,468
▼ still € 6,191 profit in 2024
Profit after tax over the fiscal year.
€ 7,755
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,809.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 66,599
▼ 20% vs 2024
Of which on lease € 62,659.
Debts at end 2025
€ 57,702
▼ 22% vs 2024
€ 16,294 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 286
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,701 | € 19,007 | € 37,375 | € -1,294 | ▼ € 38,669 |
| Profit after taxes | € 12,639 | € 8,877 | € 6,191 | € -31,468 | ▼ € 37,659 |
| Equity | € 86,989 | € 69,821 | € 75,212 | € 43,744 | ▼ 42% |
| Total debts | € 24,894 | € 127,079 | € 79,506 | € 72,240 | ▼ 9% |
| Cash | € 82,157 | € 61,541 | € 31,271 | € 7,755 | ▼ 75% |
| Land & buildings | € 11,116 | € 9,823 | € 16,926 | € 17,689 | ▲ 5% |
| Retained profit | € 68,389 | € 67,886 | € 73,277 | € 41,809 | ▼ 43% |
| Dividend | € 800 | € 7,445 | € 800 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 103,487 | € 73,997 | € 57,702 | ▼ 22% |
| Balance sheet total | € 111,883 | € 196,900 | € 154,718 | € 115,984 | ▼ 25% |
Key figures of ITSWISE, 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 ITSWISE?
What happened at ITSWISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,468 (▼ € 37,659 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,639 profit in 2022 to € 31,468 loss in 2025.
Paid € 19,676 in corporate taxes since 2022.
Best year ever: 2022, with € 12,639 profit.
Paid out € 9,045 in dividends to the owners in total.
Management
Behind ITSWISE is Geert Wilderjans.
Directors
According to the 2025 annual accounts
Geert Wilderjans
Director
Establishments
Establishment units
Physical locations of this company
Paardsdemerstraat 16 box 1.05
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.971.935
- VAT number
- BE 0479.971.935
- Registered office
- Paardsdemerstraat 16 bus 1.05, 3500 Hasselt
- Names & denominations
- ITSWISE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2003
- Peppol
- Active · Active since 5 Nov 2025
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