Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
iTraceiT from Ottignies-Louvain-la-Neuve, company number BE0770300358, closed financial year 2025 with a result of € -622,569 after tax. For that financial year iTraceiT recorded a gross margin of € -263,841 and equity of € 90,365. Compared with financial year 2024, the result moved from € -635,419 to € -622,569. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 90,365
▲ € 402,786 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -622,569
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,314
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 0.
People and assets in 2025
2
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 206,632
▲ 31% vs 2024
€ 103,300 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.
€ 372
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 188,742
Loans from banks and other lenders, long and short.
€ 346,563
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,992
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -305,607 | € -249,587 | € -363,347 | € -263,841 | ▲ € 99,506 |
| Profit after taxes | € -348,964 | € -369,950 | € -635,419 | € -622,569 | ▲ € 12,850 |
| Equity | € -283,964 | € -332,914 | € -312,421 | € 90,365 | ▲ € 402,786 |
| Total debts | € 470,977 | € 847,150 | € 1,006,404 | € 836,111 | ▼ 17% |
| Cash | € 5,317 | € 74,600 | € 198,801 | € 4,314 | ▼ 98% |
| Retained profit | € -348,964 | € -718,914 | € -1,357,921 | € 0 | ▲ € 1.4 million |
| Bank debt | € 0 | € 0 | € 0 | € 188,742 | |
| Balance sheet total | € 187,013 | € 514,237 | € 693,983 | € 926,476 | ▲ 34% |
| Employees (FTE) | - | - | 1 | 2 | ▲ 1 |
Key figures of iTraceiT, 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 iTraceiT?
What happened at iTraceiT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FACETS stepped down as director. NBB
- PROFINITY stepped down as director. NBB
- TITP stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 622,569. filed late Source: NBB ↗
- BABERIC became a director. NBB
- FACETS became a director. NBB
- PROFINITY became a director. NBB
- TITP became a director. NBB
In short
From € 348,964 loss in 2022 to € 622,569 loss in 2025.
Management
The stake of Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
iTraceiTBehind iTraceiT is BABERIC. The shares are held by Wallonie Entreprendre (17.8%).
Directors
According to the 2025 annual accounts
Director · represented by Eric Van Zuijlen
Also active at: VB BETON BELGIUM, Better and Bolder Beton Concepts, IMMO GVD, TEO-Training, Flora World International, ALSIC INVEST, JET-CAR INVEST, LOQUAL +3 more
since 2025
Director · represented by Frederik Degryse
since 2025 · until 2031
Director · represented by Klaas Van Imschoot
since 2025 · until 2031
Director · represented by Guy De Smet
since 2025 · until 2031
Shareholders
17.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Rodeuhaie 4
1348 Ottignies-Louvain-la-Neuve
Rue du Grand Péril 108 box G1
7090 Braine-le-Comte
Active since 24 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →HERONTRACK
€ 311,902 gross margin · 2025
BETUNED
€ -132,042 gross margin · 2025
SEMACTIC
€ 459,854 gross margin · 2025
InMersiv Technologies
€ 4,885 gross margin · 2025
THE POD
€ -213,285 gross margin · 2025
+6 more
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
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
OVH DNS
Domain
Domain
itraceit.io
Registered
2021-02-18
Registrar
OVH SAS
Expires
2027-02-18
Website info
Features
Security
Network
Details
- Company number
- 0770.300.358
- VAT number
- BE 0770.300.358
- Registered office
- Rue de Rodeuhaie 4, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- iTraceiT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2021
- Peppol
- Active · Active since 24 Jan 2025
- Contact
- itraceit.io
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Ontwerpen van computerprogramma’s
Computerconsultancy-activiteiten
Ontwerpen en programmeren van computerprogramma's
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Detailhandel in ICT-apparatuur
Uitgeven van overige software
Gegevensverwerking, webhosting en aanverwante activiteiten
+1