Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ItalSystem from Ukkel, company number BE0700293082, closed financial year 2025 with a result of € 49,201 after tax. For that financial year ItalSystem recorded a gross margin of € 685,050 and equity of € 291,522. Compared with financial year 2024, the result moved from € -108,457 to € 49,201. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 291,522
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,201
▲ still € 108,457 loss in 2024
Profit after tax over the fiscal year.
€ 517,549
▼ 11% 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 € 271,062.
People and assets in 2025
€ 525,242
▲ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,732
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 199,663
▲ 133% vs 2024
€ 38,873 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 429,640
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,005
▼ 69% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 613,956 | € 489,436 | € 428,733 | € 685,050 | ▲ 60% |
| Profit after taxes | € 137,041 | € 34,973 | € -108,457 | € 49,201 | ▲ € 157,658 |
| Equity | € 315,806 | € 350,779 | € 242,322 | € 291,522 | ▲ 20% |
| Total debts | € 885,840 | € 774,808 | € 739,673 | € 843,419 | ▲ 14% |
| Cash | € 600,981 | € 580,083 | € 579,653 | € 517,549 | ▼ 11% |
| Retained profit | € 297,206 | € 332,179 | € 221,862 | € 271,062 | ▲ 22% |
| Bank debt | € 73,584 | € 122,890 | € 85,846 | € 199,663 | ▲ 133% |
| Balance sheet total | € 1,201,646 | € 1,125,586 | € 981,995 | € 1,134,941 | ▲ 16% |
| Employees (FTE) | 4 | 4 | 5.5 | - |
Key figures of ItalSystem, 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 ItalSystem?
What happened at ItalSystem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,201. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,041 profit in 2022 to € 49,201 profit in 2025.
Paid € 253,401 in corporate taxes since 2022.
Best year ever: 2022, with € 137,041 profit.
On average € 78,000 of value added per employee in 2024.
A new publication or filing at ItalSystem? 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 ItalSystem is FRANCESCA FIORINI.
Directors
According to the 2025 annual accounts
FRANCESCA FIORINI
Director
Establishments
Establishment units
Physical locations of this company
Wagenstraat 22 box 11
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →VEJA BELGIUM
€ -25,170 gross margin · 2025
TRANSFUSE
€ 271,180 gross margin · 2025
AJE Consulting
€ 103,345 gross margin · 2025
PHRD Services
€ 38,468 gross margin · 2025
CBM BELGIUM
€ 269,074 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.293.082
- VAT number
- BE 0700.293.082
- Registered office
- Wagenstraat 22 bus 11, 1180 Ukkel
- Names & denominations
- ItalSystem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Glaszetten
Schrijnwerk