Financials
Financial year 2024
ITAFOOD from Wavre, company number BE0544448627, closed financial year 2024 with a result of € 59,696 after tax. For that financial year ITAFOOD recorded a gross margin of € 998,704 and equity of € 348,574. Compared with financial year 2023, the result moved from € 72,837 to € 59,696. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 348,574
▲ 21% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,696
▼ 18% vs 2023
Profit after tax over the fiscal year.
€ 144,540
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 328,074.
People and assets in 2024
11.6
Average over the fiscal year, from the social balance sheet.
€ 777,361
▼ 1% vs 2023
€ 67,000 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.
€ 74,054
▼ 20% vs 2023
Of which on lease € 71,167.
Debts at end 2024
€ 258,426
▲ 39% vs 2023
€ 25,426 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 516,170
▼ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 193,240
▲ 7% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 533,390 | € 907,289 | € 1,039,370 | € 998,704 | ▼ 4% |
| Profit after taxes | € 26,827 | € 71,690 | € 72,837 | € 59,696 | ▼ 18% |
| Equity | € 144,351 | € 216,041 | € 288,878 | € 348,574 | ▲ 21% |
| Total debts | € 876,121 | € 963,349 | € 1,127,000 | € 1,018,082 | ▼ 10% |
| Cash | € 32,344 | € 34,460 | € 161,474 | € 144,540 | ▼ 10% |
| Land & buildings | € 202,637 | € 193,437 | € 184,882 | € 176,326 | ▼ 5% |
| Retained profit | € 123,851 | € 195,541 | € 268,378 | € 328,074 | ▲ 22% |
| Bank debt | € 341,218 | € 222,622 | € 185,436 | € 258,426 | ▲ 39% |
| Balance sheet total | € 1,020,472 | € 1,179,390 | € 1,415,878 | € 1,366,655 | ▼ 3% |
| Employees (FTE) | 9.7 | 10.6 | 11.6 | 11.6 |
Key figures of ITAFOOD, 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 ITAFOOD?
What happened at ITAFOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 59,696 (▼ 18% vs 2023). filed late Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,827 profit in 2021 to € 59,696 profit in 2024.
Paid € 125,530 in corporate taxes since 2021.
Best year ever: 2023, with € 72,837 profit.
On average € 86,100 of value added per employee in 2024.
Management
Behind ITAFOOD is EUROFOOD. The shares are held by EUROFOOD.
Establishments
Establishment units
Physical locations of this company
Avenue Newton 6a
1300 Wavre
Avenue Newton 6A
1300 Wavre
Active since 1 July 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0544.448.627
- VAT number
- BE 0544.448.627
- Registered office
- Avenue Newton 6a, 1300 Wavre
- Names & denominations
- ITAFOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2014
- Peppol
- Active · Active since 30 Oct 2026
- Activities · NACE
Groothandel in zuivelproducten en eieren
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)