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.
-
Two loss years in a row NBB
Negative result in 2023 and 2025.
Financials
Financial year 2025
ITEL from Schaarbeek, company number BE0806930825, closed financial year 2025 with a result of € -16,199 after tax. For that financial year ITEL recorded a gross margin of € -15,684 and equity of € -2,477. Compared with financial year 2023, the result moved from € -2,195 to € -16,199. 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 April 9, 2026.
€ -2,477
▼ € 26,149 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,199
▼ 638 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,077.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 21,619
▲ 45% vs 2023
Loans from banks and other lenders, long and short.
€ 1,253
Supplier invoices still open on the last day of the fiscal year.
€ 869
▼ 87% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,515 | € 11,549 | € 8,930 | € -15,684 | ▼ € 24,613 |
| Profit after taxes | € 23,853 | € 7,309 | € -2,195 | € -16,199 | ▼ € 14,003 |
| Equity | € 18,558 | € 25,867 | € 23,671 | € -2,477 | ▼ € 26,149 |
| Total debts | € 38,030 | € 26,448 | € 21,767 | € 23,740 | ▲ 9% |
| Cash | € 3,032 | € 3,039 | € 18,203 | - | |
| Retained profit | € -42 | € 7,267 | € 5,071 | € -21,077 | ▼ € 26,149 |
| Bank debt | € 7,232 | € 5,838 | € 14,900 | € 21,619 | ▲ 45% |
| Balance sheet total | € 56,588 | € 52,315 | € 45,439 | € 21,263 | ▼ 53% |
Key figures of ITEL, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ITEL?
What happened at ITEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,199. Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,853 profit in 2021 to € 16,199 loss in 2025.
Paid € 9,267 in corporate taxes since 2021.
Best year ever: 2021, with € 23,853 profit.
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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
Directors
According to the 2025 annual accounts
Cavit Altindag
Director
Establishments
Establishment units
Physical locations of this company
Jerusalemstraat 91
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.930.825
- VAT number
- BE 0806.930.825
- Registered office
- Jerusalemstraat 91, 1030 Schaarbeek
- Names & denominations
- ITEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2008
- Peppol
- Active · Active since 15 Dec 2025