Financials
Financial year 2025
IT-ESSENCE from Nazareth-De Pinte, company number BE0862943672, closed financial year 2025 with a result of € 33,205 after tax. For that financial year IT-ESSENCE recorded a gross margin of € 113,403 and equity of € 192,779. Compared with financial year 2024, the result moved from € 37,174 to € 33,205. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 192,779
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,205
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 121,060
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 189,827 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 19,475
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,330
▼ 6% vs 2024
€ 17,817 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 6,285
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,583
▼ 12% 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 | € 73,419 | € 81,385 | € 113,143 | € 113,403 | |
| Profit after taxes | € 25,171 | € 26,690 | € 37,174 | € 33,205 | ▼ 11% |
| Equity | € 356,563 | € 383,253 | € 349,400 | € 192,779 | ▼ 45% |
| Total debts | € 403,942 | € 353,758 | € 349,105 | € 493,568 | ▲ 41% |
| Cash | € 142,936 | € 70,294 | € 65,862 | € 121,060 | ▲ 84% |
| Land & buildings | € 569,005 | € 560,092 | € 536,997 | € 513,905 | ▼ 4% |
| Retained profit | € 265,612 | € 292,301 | € 258,449 | € 101,828 | ▼ 61% |
| Dividend | € 0 | € 0 | € 71,027 | € 189,827 | ▲ 167% |
| Bank debt | € 359,227 | € 338,548 | € 325,144 | € 304,330 | ▼ 6% |
| Balance sheet total | € 760,505 | € 737,010 | € 698,506 | € 686,347 | ▼ 2% |
Key figures of IT-ESSENCE, 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 IT-ESSENCE?
What happened at IT-ESSENCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,205 (▼ 11% vs 2024). Source: NBB ↗
- Tim De Keukelaere became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,171 profit in 2022 to € 33,205 profit in 2025.
Paid € 61,280 in corporate taxes since 2022.
Best year ever: 2024, with € 37,174 profit.
Paid out € 260,854 in dividends to the owners in total.
Management
Behind IT-ESSENCE is Tim De Keukelaere.
Directors
According to the 2025 annual accounts
Tim De Keukelaere
Administrator-manager
since 2023
Establishments
Establishment units
Physical locations of this company
Molenstraat 66
9840 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.943.672
- VAT number
- BE 0862.943.672
- Registered office
- Molenstraat 66, 9840 Nazareth-De Pinte
- Names & denominations
- IT-ESSENCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2004
- Peppol
- Active · Active since 1 Jul 2025
- Contact
- [email protected]
- Activities · NACE
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