Financials
Financial year 2025
GENUINE IT TO BUSINESS from Koksijde, company number BE0525956566, closed financial year 2025 with a result of € 55,805 after tax. For that financial year GENUINE IT TO BUSINESS recorded a gross margin of € 99,394 and equity of € 272,205. Compared with financial year 2024, the result moved from € 71,571 to € 55,805. The company is profitable. 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 January 29, 2026.
€ 272,205
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,805
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 14,099
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 167,665 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 33,742
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,449
▼ 61% vs 2024
€ 9,177 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 7,030
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 838
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,269 | € 99,539 | € 118,855 | € 99,394 | ▼ 16% |
| Profit after taxes | € 75,206 | € 42,937 | € 71,571 | € 55,805 | ▼ 22% |
| Equity | € 369,557 | € 362,494 | € 384,065 | € 272,205 | ▼ 29% |
| Total debts | € 97,807 | € 75,533 | € 44,735 | € 19,318 | ▼ 57% |
| Cash | € 23,744 | € 19,857 | € 23,385 | € 14,099 | ▼ 40% |
| Retained profit | € 350,957 | € 343,894 | € 365,465 | € 253,605 | ▼ 31% |
| Dividend | € 37,353 | € 50,000 | € 50,000 | € 167,665 | ▲ 235% |
| Bank debt | € 66,107 | € 47,903 | € 29,535 | € 11,449 | ▼ 61% |
| Balance sheet total | € 467,364 | € 438,028 | € 428,800 | € 291,523 | ▼ 32% |
Key figures of GENUINE IT TO BUSINESS, 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.
What happened to GENUINE IT TO BUSINESS?
What happened at GENUINE IT TO BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,805 (▼ 22% vs 2024). Source: NBB ↗
- Cedric Vandenbroucke became a director. NBB
- David Vandenbroucke became a director. NBB
- Geert Vandenbroucke stepped down as director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,206 profit in 2022 to € 55,805 profit in 2025.
Paid € 84,604 in corporate taxes since 2022.
Best year ever: 2022, with € 75,206 profit.
Paid out € 305,019 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GENUINE IT TO BUSINESS are Cedric Vandenbroucke and David Vandenbroucke.
Directors
According to the 2025 annual accounts
Cedric Vandenbroucke
Niet-Statutaire zaakvoerder
since 2025
David Vandenbroucke
Niet-Statutaire zaakvoerder
since 2025
Geert Vandenbroucke
Niet-Statutaire zaakvoerder
· until 2025
Establishments
Establishment units
Physical locations of this company
Elisabethplein(Kok) 1 box 601
8670 Koksijde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0525.956.566
- VAT number
- BE 0525.956.566
- Registered office
- Elisabethplein(Kok) 1 bus 601, 8670 Koksijde
- Names & denominations
- GENUINE IT TO BUSINESS · GIT2B
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2013
- Peppol
- Active · Active since 10 Jun 2025
- Activities · NACE
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