Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
ITL BELGIUM from Tournai, company number BE0662957980, closed financial year 2025 with a result of € 177,327 after tax. For that financial year ITL BELGIUM recorded a gross margin of € 447,519 and equity of € -52,612. Compared with financial year 2024, the result moved from € -211,839 to € 177,327. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ -52,612
▲ € 177,327 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 177,327
▲ still € 211,839 loss in 2024
Profit after tax over the fiscal year.
€ 28,196
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -215,555.
People and assets in 2025
3.1
▼ 17.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 142,083
▼ 86% vs 2024
€ 45,800 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.
Debts at end 2025
€ 215,758
▼ 66% vs 2024
€ 77,750 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 64,152
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,633
▼ 94% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,067,351 | € 2,102,482 | € 986,776 | € 447,519 | ▼ 55% |
| Profit after taxes | € 925,329 | € 714,553 | € -211,839 | € 177,327 | ▲ € 389,166 |
| Equity | € -582,653 | € -18,100 | € -229,939 | € -52,612 | ▲ € 177,327 |
| Total debts | € 3,648,163 | € 2,421,797 | € 1,419,888 | € 308,124 | ▼ 78% |
| Cash | € 64,413 | € 244,214 | € 75,461 | € 28,196 | ▼ 63% |
| Land & buildings | € 293,297 | € 228,371 | € 163,444 | € 98,518 | ▼ 40% |
| Retained profit | € -745,595 | € -181,042 | € -392,882 | € -215,555 | ▲ € 177,327 |
| Dividend | € 685,000 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 1,343,959 | € 1,168,180 | € 630,509 | € 215,758 | ▼ 66% |
| Balance sheet total | € 3,065,510 | € 2,403,697 | € 1,189,949 | € 255,511 | ▼ 79% |
| Employees (FTE) | 21 | 20.1 | 20.3 | 3.1 | ▼ 17.2 |
Key figures of ITL BELGIUM, 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 ITL BELGIUM?
What happened at ITL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 177,327. Source: NBB ↗
- EJM INVEST became a director. NBB
- SHIPEA SAS stepped down as director. NBB
- SHIPEA SAS became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 925,329 profit in 2022 to € 177,327 profit in 2025.
Paid € 6,220 in corporate taxes since 2022.
Best year ever: 2022, with € 925,329 profit.
On average € 144,400 of value added per employee in 2025.
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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 ITL BELGIUM is EJM INVEST. EJM INVEST is also behind INTERLINES IMMO and INTERLINES IMMO MITRY.
Directors
According to the 2025 annual accounts
Director · represented by Edouard Dubois
Also active at: INTERLINES IMMO, INTERLINES IMMO MITRY
since 2026
Director · represented by Dubois Edouard
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue du Bois des Hospices(BL) 1
7522 Tournai
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
Self-hosted
Hosting
CSC - Corporation Service Company, US
Website info
Features
Security
Network
Details
- Company number
- 0662.957.980
- VAT number
- BE 0662.957.980
- Registered office
- Rue du Bois des Hospices(BL) 1, 7522 Tournai
- Names & denominations
- ITL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2016
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- globalnet.be
- Activities · NACE
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