Financials
Financial year 2025
ITALIA from Zelzate, company number BE0807943880, closed financial year 2025 with a result of € 21,818 after tax. For that financial year ITALIA recorded a gross margin of € 214,830 and equity of € 136,816. Compared with financial year 2024, the result moved from € 33,040 to € 21,818. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 22, 2026.
€ 136,816
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,818
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 92,166
▲ 28% 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 € 116,816.
People and assets in 2025
€ 136,790
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,191
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 321,817
▼ 10% vs 2024
€ 37,424 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 4,722
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,529
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 165,313 | € 181,464 | € 234,647 | € 214,830 | ▼ 8% |
| Profit after taxes | € 10,605 | € 5,887 | € 33,040 | € 21,818 | ▼ 34% |
| Equity | € 76,071 | € 81,958 | € 114,998 | € 136,816 | ▲ 19% |
| Total debts | € 456,040 | € 419,117 | € 389,353 | € 358,416 | ▼ 8% |
| Cash | € 52,980 | € 36,863 | € 71,957 | € 92,166 | ▲ 28% |
| Land & buildings | € 456,137 | € 429,588 | € 403,039 | € 376,490 | ▼ 7% |
| Retained profit | € 56,071 | € 61,958 | € 94,998 | € 116,816 | ▲ 23% |
| Dividend | € 50,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 431,653 | € 393,416 | € 358,147 | € 321,817 | ▼ 10% |
| Balance sheet total | € 532,111 | € 501,075 | € 504,351 | € 495,232 | ▼ 2% |
Key figures of ITALIA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ITALIA?
What happened at ITALIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,818 (▼ 34% vs 2024). filed late Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,605 profit in 2022 to € 21,818 profit in 2025.
Paid € 20,339 in corporate taxes since 2022.
Best year ever: 2024, with € 33,040 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
Behind ITALIA are EVY RASSCHAERT and FRANCESCO CAMPANELLA.
Directors
According to the 2025 annual accounts
EVY RASSCHAERT
Director
FRANCESCO CAMPANELLA
Director
Establishments
Establishment units
Physical locations of this company
Oostkade 5
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0807.943.880
- VAT number
- BE 0807.943.880
- Registered office
- Oostkade 5, 9060 Zelzate
- Names & denominations
- ITALIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2008
- Peppol
- Active · Active since 4 Dec 2025
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