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 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITSL4 from Kraainem, company number BE0777368589, closed financial year 2025 with a result of € -35,666 after tax. For that financial year ITSL4 recorded a gross margin of € -27,594 and equity of € -5,932. Compared with financial year 2024, the result moved from € 24,251 to € -35,666. The company made a loss. 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 14, 2026.
€ -5,932
▼ € 95,666 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,666
▼ still € 24,251 profit in 2024
Profit after tax over the fiscal year.
€ 1,739
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,932.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,185
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,225 | € 34,535 | € 20,136 | € -27,594 | ▼ € 47,730 |
| Profit after taxes | € 47,022 | € 15,460 | € 24,251 | € -35,666 | ▼ € 59,917 |
| Equity | € 50,022 | € 65,483 | € 89,734 | € -5,932 | ▼ € 95,666 |
| Total debts | € 12,064 | € 3,515 | € 14,931 | € 18,963 | ▲ 27% |
| Cash | € 44,918 | € 46,309 | € 47,412 | € 1,739 | ▼ 96% |
| Retained profit | € 47,022 | € 62,483 | € 86,734 | € -8,932 | ▼ € 95,666 |
| Dividend | € 0 | € 0 | € 0 | € 60,000 | |
| Balance sheet total | € 62,086 | € 68,998 | € 104,664 | € 13,031 | ▼ 88% |
Key figures of ITSL4, 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 ITSL4?
What happened at ITSL4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,666 (▼ € 59,917 vs 2024). Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,022 profit in 2022 to € 35,666 loss in 2025.
Paid € 25,625 in corporate taxes since 2022.
Best year ever: 2022, with € 47,022 profit.
Paid out € 60,000 in dividends to the owners in total.
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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 ITSL4 is STEPHANE ALBERT LEBERT.
Directors
According to the 2025 annual accounts
STEPHANE ALBERT LEBERT
bestuurder
Establishments
Establishment units
Physical locations of this company
Frans Cloetensstraat 2
1950 Kraainem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.368.589
- VAT number
- BE 0777.368.589
- Registered office
- Frans Cloetensstraat 2, 1950 Kraainem
- Names & denominations
- ITSL4
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2021
- Peppol
- Active · Active since 11 Feb 2026
- Contact
- [email protected] +32 477 49 26 01
- Activities · NACE
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