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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IETC from Etterbeek, company number BE0680987213, closed financial year 2025 with a result of € 146,637 after tax. For that financial year IETC recorded a gross margin of € 226,082 and equity of € 177,920. Compared with financial year 2024, the result moved from € 273,719 to € 146,637. The company is profitable. The buffer shrank hard: equity is 66 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 177,920
▼ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,637
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 96,218
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 496,097 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 21,920
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,383
▲ 54% vs 2024
€ 50,731 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8,606
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 329,629 | € 263,806 | € 384,071 | € 226,082 | ▼ 41% |
| Profit after taxes | € 225,909 | € 181,741 | € 273,719 | € 146,637 | ▼ 46% |
| Equity | € 177,920 | € 359,660 | € 527,379 | € 177,920 | ▼ 66% |
| Total debts | € 403,235 | € 164,230 | € 63,080 | € 539,134 | ▲ € 476,053 |
| Cash | € 146,275 | € 88,296 | € 59,266 | € 96,218 | ▲ 62% |
| Retained profit | € 159,320 | € 341,060 | € 508,779 | € 159,320 | ▼ 69% |
| Dividend | € 225,909 | € 0 | € 106,000 | € 496,097 | ▲ € 390,097 |
| Bank debt | € 67,654 | € 106,185 | € 35,362 | € 54,383 | ▲ 54% |
| Balance sheet total | € 581,155 | € 523,890 | € 590,460 | € 717,053 | ▲ 21% |
Key figures of IETC, 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 IETC?
What happened at IETC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,637 (▼ 46% vs 2024). Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,909 profit in 2022 to € 146,637 profit in 2025.
Paid € 278,847 in corporate taxes since 2022.
Best year ever: 2024, with € 273,719 profit.
Paid out € 828,005 in dividends to the owners in total.
A new publication or filing at IETC? 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
Directors
According to the 2025 annual accounts
Tomas Cifra
Director
Establishments
Establishment units
Physical locations of this company
Graystraat 104 box 12
1040 Etterbeek
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
- 0680.987.213
- VAT number
- BE 0680.987.213
- Registered office
- Graystraat 104 bus 12, 1040 Etterbeek
- Names & denominations
- IETC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2017
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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