Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
iTs-Hold from Lokeren, company number BE0652691818, closed financial year 2026 with a result of € 32,194 after tax. For that financial year iTs-Hold recorded a gross margin of € 76,486 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 203,932 to € 32,194. 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 August 21, 2026.
€ 1.3 million
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,194
▼ 84% vs 2025
Profit after tax over the fiscal year.
€ 22,349
▼ 68% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 819,521.
Debts at end 2026
€ 578,169
▼ 28% vs 2025
€ 258,880 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 192,876
▲ 27% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,500
▼ 96% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 126,814 | € 270,235 | € 311,957 | € 76,486 | ▼ 75% |
| Profit after taxes | € 86,016 | € 525,751 | € 203,932 | € 32,194 | ▼ 84% |
| Equity | € 656,348 | € 1,082,099 | € 1,286,032 | € 1,318,226 | ▲ 3% |
| Total debts | € 1,032,143 | € 674,502 | € 1,212,014 | € 1,258,111 | ▲ 4% |
| Cash | € 19,094 | € 18,209 | € 70,514 | € 22,349 | ▼ 68% |
| Retained profit | € 157,644 | € 583,395 | € 787,327 | € 819,521 | ▲ 4% |
| Dividend | € 0 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 746,424 | € 570,676 | € 801,889 | € 578,169 | ▼ 28% |
| Balance sheet total | € 1,688,492 | € 1,756,601 | € 2,498,046 | € 2,576,337 | ▲ 3% |
Key figures of iTs-Hold, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to iTs-Hold?
What happened at iTs-Hold in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 32,194 (▼ 84% vs 2025). Source: NBB ↗
- GAJ-Services BV became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,016 profit in 2023 to € 32,194 profit in 2026.
Paid € 169,298 in corporate taxes since 2023.
Best year ever: 2024, with € 525,751 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of Let's Code comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
iTs-HoldBehind iTs-Hold are Baticon BV, Lima Consultancy BV, LKR Consulting BV, Precast Vision CommV, Let's code BV and GAJ-Services BV. The shares are held by Let's Code (18.3%). It owns 100% of I-Theses itself.
Directors
According to the 2026 annual accounts
Director · represented by Jordan Pesout
Director · represented by Lennie Van de Keer
Director · represented by Dirk Vansina
Director · represented by Gino Heusdens
since 2025
Shareholders
18.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Moortelstraat 27
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
i-theses.com
Registered
2007-03-14
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-03-14
Website info
Features
Security
Network
Details
- Company number
- 0652.691.818
- VAT number
- BE 0652.691.818
- Registered office
- Moortelstraat 27, 9160 Lokeren
- Names & denominations
- iTs-Hold
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2016
- Peppol
- Active · Active since 17 Sept 2025
- Contact
- i-theses.com
- Activities · NACE
Activiteiten van holdings
Holdings