Financials
Financial year 2025
IT HAPPENS from Gent, company number BE0816601032, closed financial year 2025 with a result of € 49,632 after tax. For that financial year IT HAPPENS recorded a gross margin of € 118,024 and equity of € 333,182. Compared with financial year 2024, the result moved from € 42,254 to € 49,632. 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 October 31, 2025.
€ 333,182
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,632
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 228,287
▲ 13% 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 € 314,582.
People and assets in 2025
€ 26,684
▲ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 154,149
▼ 7% vs 2024
€ 19,128 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 185,217
▲ € 149,140 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,864
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,005 | € 120,451 | € 112,304 | € 118,024 | ▲ 5% |
| Profit after taxes | € 49,233 | € 53,239 | € 42,254 | € 49,632 | ▲ 17% |
| Equity | € 192,802 | € 244,296 | € 283,551 | € 333,182 | ▲ 18% |
| Total debts | € 311,410 | € 247,916 | € 235,165 | € 373,375 | ▲ 59% |
| Cash | € 181,954 | € 169,848 | € 202,262 | € 228,287 | ▲ 13% |
| Land & buildings | € 212,970 | € 192,030 | € 171,089 | € 150,148 | ▼ 12% |
| Retained profit | € 174,202 | € 225,696 | € 264,951 | € 314,582 | ▲ 19% |
| Dividend | € 50,180 | € 1,745 | € 3,000 | € 0 | ▼ 100% |
| Bank debt | € 205,599 | € 183,968 | € 165,783 | € 154,149 | ▼ 7% |
| Balance sheet total | € 504,213 | € 492,212 | € 518,715 | € 706,558 | ▲ 36% |
Key figures of IT HAPPENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to IT HAPPENS?
What happened at IT HAPPENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,632 (▲ 17% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Christ Lannoy became a director. NBB
In short
From € 49,233 profit in 2022 to € 49,632 profit in 2025.
Paid € 87,387 in corporate taxes since 2022.
Best year ever: 2023, with € 53,239 profit.
Paid out € 54,925 in dividends to the owners in total.
Management
Behind IT HAPPENS is Christ Lannoy.
Directors
According to the 2025 annual accounts
Christ Lannoy
Manager
since 2009
Establishments
Establishment units
Physical locations of this company
Brabantdam 92 box 401
9000 Gent
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LANNOY Christ Julien Madeleine(oprichter) 100%
Details
- Company number
- 0816.601.032
- VAT number
- BE 0816.601.032
- Registered office
- Brabantdam 92 bus 401, 9000 Gent
- Names & denominations
- IT HAPPENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2009
- Peppol
- Active · Active since 29 Oct 2025
- Contact
- ithappens.be
- Activities · NACE
Activiteiten van reclamebureaus
Mediarepresentatie