What does Target IT Recruitment do?

Target IT Recruitment is a recruitment agency in Mechelen. Private Limited, started on 22 July 2004, 1 establishment.

What is the address of Target IT Recruitment?

The registered office of Target IT Recruitment is located at Generaal De Wittelaan 9 box 1 B, 2800 Mechelen.

Is Target IT Recruitment still active?

Yes. According to the CBE (29 October 2026) Target IT Recruitment is active, legal situation “Normale toestand”, started on 22 July 2004.

Is Target IT Recruitment registered on Peppol?

Yes, Target IT Recruitment is registered on the Peppol network with ID 0208:0866486548.

What is the enterprise number of Target IT Recruitment?

The enterprise number of Target IT Recruitment is BE0866486548.

When was Target IT Recruitment founded?

Target IT Recruitment was founded on 22 July 2004.

Who are the directors of Target IT Recruitment?

According to the 2025 annual accounts, the directors of Target IT Recruitment are: D.M.C. BV, ELMOS GROUP, MATTRICK CONSULTING BV, CONTRACT IT BV.

Is Target IT Recruitment a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 July 2004; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Target IT Recruitment make in 2025?

Target IT Recruitment recorded a loss after taxes of € 24,624 in financial year 2025.

What is the revenue of Target IT Recruitment?

As a small company, Target IT Recruitment is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -13,861.

How much does an employee at Target IT Recruitment earn?

The average wage cost per full-time employee at Target IT Recruitment was € 88,600 in 2024: staff costs of € 150,588 for 1.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Target IT Recruitment (Private Limited) - Mechelen

Dossier Target IT Recruitment, printed on 29 October 2026 from databakkes.be/en/0866486548/target-it-recruitment. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Target IT Recruitment from Mechelen, company number BE0866486548, closed financial year 2025 with a result of € -24,624 after tax. For that financial year Target IT Recruitment recorded a gross margin of € -13,861 and equity of € -201,130. Compared with financial year 2024, the result moved from € -136,730 to € -24,624. 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 December 19, 2025.

What it is worth Caution

€ -201,130

▼ € 24,624 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -24,624

▲ 82 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,320

▼ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -201,130.

Debts at end 2025

Bank debt

€ 100,000

▼ 4% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9,438

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Gross margin	€ 42,504 Gross margin 2021: € 42,504 First fiscal year in the series	€ 242,978 Gross margin 2022: € 242,978 ▲ € 200,473 vs 2021 (€ 42,504) Favourable step	€ 33,488 Gross margin 2024: € 33,488 ▼ 86% vs 2022 (€ 242,978) Unfavourable step	€ -13,861 Gross margin 2025: € -13,861 ▼ € 47,350 vs 2024 (€ 33,488) Unfavourable step	▼ € 47,350
Profit after taxes	€ -85,669 Profit after taxes 2021: € -85,669 First fiscal year in the series	€ 35,274 Profit after taxes 2022: € 35,274 ▲ € 120,943 vs 2021 (€ -85,669) Favourable step	€ -136,730 Profit after taxes 2024: € -136,730 ▼ € 172,004 vs 2022 (€ 35,274) Unfavourable step	€ -24,624 Profit after taxes 2025: € -24,624 ▲ € 112,106 vs 2024 (€ -136,730) Favourable step	▲ € 112,106
Equity	€ -75,051 Equity 2021: € -75,051 First fiscal year in the series	€ -39,776 Equity 2022: € -39,776 ▲ € 35,274 vs 2021 (€ -75,051) Favourable step	€ -176,506 Equity 2024: € -176,506 ▼ € 136,730 vs 2022 (€ -39,776) Unfavourable step	€ -201,130 Equity 2025: € -201,130 ▼ € 24,624 vs 2024 (€ -176,506) Unfavourable step	▼ € 24,624
Total debts	€ 220,062 Total debts 2021: € 220,062 First fiscal year in the series	€ 265,965 Total debts 2022: € 265,965 ▲ 21% vs 2021 (€ 220,062) Unfavourable step	€ 252,853 Total debts 2024: € 252,853 ▼ 5% vs 2022 (€ 265,965) Favourable step	€ 224,604 Total debts 2025: € 224,604 ▼ 11% vs 2024 (€ 252,853) Favourable step	▼ 11%
Cash	€ 10,848 Cash 2021: € 10,848 First fiscal year in the series	€ 22,132 Cash 2022: € 22,132 ▲ 104% vs 2021 (€ 10,848) Favourable step	€ 43,342 Cash 2024: € 43,342 ▲ 96% vs 2022 (€ 22,132) Favourable step	€ 4,320 Cash 2025: € 4,320 ▼ 90% vs 2024 (€ 43,342) Unfavourable step	▼ 90%
Retained profit	€ -75,051 Retained profit 2021: € -75,051 First fiscal year in the series	€ -39,776 Retained profit 2022: € -39,776 ▲ € 35,274 vs 2021 (€ -75,051) Favourable step	€ -176,506 Retained profit 2024: € -176,506 ▼ € 136,730 vs 2022 (€ -39,776) Unfavourable step	€ -201,130 Retained profit 2025: € -201,130 ▼ € 24,624 vs 2024 (€ -176,506) Unfavourable step	▼ € 24,624
Bank debt	€ 108,255 Bank debt 2021: € 108,255 First fiscal year in the series	€ 115,507 Bank debt 2022: € 115,507 ▲ 7% vs 2021 (€ 108,255) Unfavourable step	€ 103,798 Bank debt 2024: € 103,798 ▼ 10% vs 2022 (€ 115,507) Favourable step	€ 100,000 Bank debt 2025: € 100,000 ▼ 4% vs 2024 (€ 103,798) Favourable step	▼ 4%
Balance sheet total	€ 145,012 Balance sheet total 2021: € 145,012 First fiscal year in the series	€ 226,189 Balance sheet total 2022: € 226,189 ▲ 56% vs 2021 (€ 145,012) Unchanged	€ 76,347 Balance sheet total 2024: € 76,347 ▼ 66% vs 2022 (€ 226,189) Unchanged	€ 23,474 Balance sheet total 2025: € 23,474 ▼ 69% vs 2024 (€ 76,347) Unchanged	▼ 69%
Employees (FTE)	2.8 Employees (FTE) 2021: 2.8 First fiscal year in the series	2.9 Employees (FTE) 2022: 2.9 ▲ 0.1 vs 2021 (2.8) Unchanged	1.7 Employees (FTE) 2024: 1.7 ▼ 1.2 vs 2022 (2.9) Unchanged	-

Key figures of Target IT Recruitment, 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 January 2027.

What happened to Target IT Recruitment?

What happened at Target IT Recruitment in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 19, 2025 New annual accounts for financial year 2025: loss of € 24,624. Source: NBB ↗
2025 ELMOS GROUP became a director. NBB
2025 MATTRICK CONSULTING BV stepped down as director. NBB
2025 CONTRACT IT BV stepped down as director. NBB
2020 D.M.C. BV became a director. NBB
2020 MATTRICK CONSULTING BV became a director. NBB
2020 CONTRACT IT BV became a director. NBB
Jan 15, 2008 New establishment in Mechelen. KBO

In short

From € 85,669 loss in 2021 to € 24,624 loss in 2025.

Paid € 1,851 in corporate taxes since 2021.

Best year ever: 2022, with € 35,274 profit.

On average € 19,700 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

CONTRACT I.T. 100%

ElmosGroup 100%

The stake of CONTRACT I.T., ElmosGroup comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Target IT Recruitment

Behind Target IT Recruitment are D.M.C. BV and ELMOS GROUP. The shares are held by CONTRACT I.T. (100%) and ElmosGroup (100%).