Financials
Financial year 2025
ITSECO from Bertem, company number BE0716627585, closed financial year 2025 with a result of € 29,232 after tax. For that financial year ITSECO recorded a gross margin of € 51,433 and equity of € 784,524. Compared with financial year 2024, the result moved from € 649,829 to € 29,232. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 784,524
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,232
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 4,811
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 37,745
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,576
▼ 97% vs 2024
Loans from banks and other lenders, long and short.
€ 2,643
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,041
▲ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,766 | € 79,542 | € 877,712 | € 51,433 | ▼ 94% |
| Profit after taxes | € 28,434 | € 49,626 | € 649,829 | € 29,232 | ▼ 96% |
| Equity | € 144,837 | € 179,463 | € 795,292 | € 784,524 | ▼ 1% |
| Total debts | € 160,637 | € 136,435 | € 120,398 | € 34,229 | ▼ 72% |
| Cash | € 10,248 | € 35,320 | € 456,694 | € 4,811 | ▼ 99% |
| Retained profit | € 126,237 | € 160,863 | € 776,692 | € 765,924 | ▼ 1% |
| Dividend | € 0 | € 15,000 | € 34,000 | € 40,000 | ▲ 18% |
| Bank debt | € 155,199 | € 126,116 | € 101,453 | € 2,576 | ▼ 97% |
| Balance sheet total | € 305,474 | € 315,898 | € 915,691 | € 818,753 | ▼ 11% |
Key figures of ITSECO, 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 ITSECO?
What happened at ITSECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,232 (▼ 96% vs 2024). Source: NBB ↗
- New establishment in Bertem. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,434 profit in 2022 to € 29,232 profit in 2025.
Paid € 243,165 in corporate taxes since 2022.
Best year ever: 2024, with € 649,829 profit.
Paid out € 89,000 in dividends to the owners in total.
Management
Behind ITSECO is Bruno Roger DEBAERE.
Directors
According to the 2025 annual accounts
Bruno Roger DEBAERE
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 11
3060 Bertem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0716.627.585
- VAT number
- BE 0716.627.585
- Registered office
- Kerkstraat 11, 3060 Bertem
- Names & denominations
- ITSECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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