Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITEX CARS from Genk, company number BE0878531473, closed financial year 2025 with a result of € 16,820 after tax. For that financial year ITEX CARS recorded a gross margin of € 46,102 and equity of € 51,695. Compared with financial year 2024, the result moved from € 28,204 to € 16,820. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 51,695
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,820
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 20,112
▼ 16% 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 € 26,695.
People and assets in 2025
€ 338
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 126,000
▲ 42% vs 2024
€ 11,138 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 37,933
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,193
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,206 | € 23,053 | € 43,107 | € 46,102 | ▲ 7% |
| Profit after taxes | € 41,774 | € 10,804 | € 28,204 | € 16,820 | ▼ 40% |
| Equity | € -4,133 | € 6,672 | € 34,875 | € 51,695 | ▲ 48% |
| Total debts | € 313,902 | € 225,148 | € 227,846 | € 313,770 | ▲ 38% |
| Cash | € 16,240 | € 29,378 | € 23,997 | € 20,112 | ▼ 16% |
| Land & buildings | € 37,225 | € 36,101 | € 35,522 | € 142,305 | ▲ € 106,783 |
| Retained profit | € -29,133 | € -18,328 | € 9,875 | € 26,695 | ▲ 170% |
| Bank debt | € 21,000 | € 78,000 | € 89,000 | € 126,000 | ▲ 42% |
| Balance sheet total | € 309,769 | € 231,820 | € 262,721 | € 365,465 | ▲ 39% |
Key figures of ITEX CARS, 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 ITEX CARS?
What happened at ITEX CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,820 (▼ 40% vs 2024). filed late Source: NBB ↗
- New establishment in Genk. KBO
- GIOVANNI BUTTICE became a director. NBB
- GABRIELE COSTANTINO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 41,774 profit in 2022 to € 16,820 profit in 2025.
Paid € 9,293 in corporate taxes since 2022.
Best year ever: 2022, with € 41,774 profit.
A new publication or filing at ITEX CARS? We notify you, reason included.
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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
Behind ITEX CARS are GIOVANNI BUTTICE and GABRIELE COSTANTINO.
Directors
According to the 2025 annual accounts
GIOVANNI BUTTICE
Director
since 2006
GABRIELE COSTANTINO
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Seinhuisstraat 5 box 3
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →OCP
GROEP TSD
A.M.W.P.
€ 96,620 gross margin · 2024
BEUMER INNOVATION AND AUTOMATION
€ 7.7 million revenue · 2025
KATZ EUROPE
€ 12,782 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.531.473
- VAT number
- BE 0878.531.473
- Registered office
- Seinhuisstraat 5 bus 3, 3600 Genk
- Names & denominations
- ITEX CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2006
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in tweedehandskleding
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)