Financials
Financial year 2024
ISTG from Wavre, company number BE0633737622, closed financial year 2024 with a result of € 26,523 after tax. For that financial year ISTG recorded a gross margin of € 429,861 and equity of € 71,058. Compared with financial year 2023, the result moved from € 1,423 to € 26,523. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2025.
€ 71,058
▲ 60% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,523
▲ € 25,101 vs 2023
Profit after tax over the fiscal year.
€ 54,786
▼ 53% 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 € 52,458.
People and assets in 2024
€ 370,428
▲ 22% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,169
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 106,315
▼ 10% vs 2023
€ 11,568 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 197,234
▲ 146% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 137,732
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 615,828 | € 417,087 | € 336,658 | € 429,861 | ▲ 28% |
| Profit after taxes | € 161,204 | € 8,802 | € 1,423 | € 26,523 | ▲ € 25,101 |
| Equity | € 34,310 | € 43,113 | € 44,535 | € 71,058 | ▲ 60% |
| Total debts | € 804,597 | € 612,807 | € 472,870 | € 505,052 | ▲ 7% |
| Cash | € 398,470 | € 300,605 | € 117,250 | € 54,786 | ▼ 53% |
| Land & buildings | € 132,000 | € 123,200 | € 114,400 | € 105,600 | ▼ 8% |
| Retained profit | € 15,710 | € 24,513 | € 25,935 | € 52,458 | ▲ 102% |
| Dividend | € 300,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 146,350 | € 131,021 | € 117,648 | € 106,315 | ▼ 10% |
| Balance sheet total | € 838,908 | € 655,920 | € 517,405 | € 576,110 | ▲ 11% |
| Employees (FTE) | 6.7 | 5.7 | 5.3 | - |
Key figures of ISTG, 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 ISTG?
What happened at ISTG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 26,523 (▲ € 25,101 vs 2023). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 161,204 profit in 2021 to € 26,523 profit in 2024.
Paid € 92,405 in corporate taxes since 2021.
Best year ever: 2021, with € 161,204 profit.
On average € 63,500 of value added per employee in 2023.
A new publication or filing at ISTG? We notify you, reason included.
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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 ISTG is Imad OUAHAB. Imad OUAHAB is also behind TCrew.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Louvain 351
1300 Wavre
Drève Richelle 161 box 57
1410 Waterloo
Active since 10 July 2015
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
- 0633.737.622
- VAT number
- BE 0633.737.622
- Registered office
- Chaussée de Louvain 351, 1300 Wavre
- Names & denominations
- ISTG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2015
- Peppol
- Active · Active since 12 Dec 2025
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