Financials
Financial year 2025
IThical from Turnhout, company number BE0794597670, closed financial year 2025 with a result of € 11,569 after tax. For that financial year IThical recorded a gross margin of € 17,072 and equity of € 35,164. Compared with financial year 2024, the result moved from € 2,900 to € 11,569. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 35,164
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,569
▲ 299% vs 2024
Profit after tax over the fiscal year.
€ 37,092
▲ 72% 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 € 32,664.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 250
▼ 95% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 958
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,320
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,620
▼ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 26,467 | € 11,219 | € 17,072 | ▲ 52% |
| Profit after taxes | € 18,195 | € 2,900 | € 11,569 | ▲ 299% |
| Equity | € 20,695 | € 23,595 | € 35,164 | ▲ 49% |
| Total debts | € 9,953 | € 10,464 | € 7,941 | ▼ 24% |
| Cash | € 22,067 | € 21,566 | € 37,092 | ▲ 72% |
| Retained profit | € 18,195 | € 21,095 | € 32,664 | ▲ 55% |
| Balance sheet total | € 30,648 | € 34,059 | € 43,105 | ▲ 27% |
Key figures of IThical, fiscal years 2023 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 IThical?
What happened at IThical in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,569 (▲ 299% vs 2024). Source: NBB ↗
- Ruben Tronçon became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,195 profit in 2023 to € 11,569 profit in 2025.
Paid € 11,462 in corporate taxes since 2023.
Best year ever: 2023, with € 18,195 profit.
Management
Behind IThical is Ruben Tronçon.
Directors
According to the 2025 annual accounts
Ruben Tronçon
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zandbergstraat 35
2300 Turnhout
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
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0794.597.670
- VAT number
- BE 0794.597.670
- Registered office
- Zandbergstraat 35, 2300 Turnhout
- Names & denominations
- IThical
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ithical.be
- Activities · NACE
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