Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ITZU PROJECT SOURCING from Antwerpen, company number BE0884390372, closed financial year 2025 with a result of € 75,554 after tax. For that financial year ITZU PROJECT SOURCING recorded a gross margin of € 1.1 million and equity of € -9,741. Compared with financial year 2024, the result moved from € -271,213 to € 75,554. Profitable, and profit is growing. 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 September 10, 2026.
€ -9,741
▲ € 75,554 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,554
▲ still € 271,213 loss in 2024
Profit after tax over the fiscal year.
€ 50,250
▼ 25% 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 € -109,741.
People and assets in 2025
14
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 982,802
▲ 28% vs 2024
€ 70,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 117,237
▲ 44% vs 2024
Loans from banks and other lenders, long and short.
€ 175,987
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,860
▲ 122% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 500,314 | € 838,821 | € 518,287 | € 1,093,028 | ▲ 111% |
| Profit after taxes | € 111,509 | € 150,505 | € -271,213 | € 75,554 | ▲ € 346,767 |
| Equity | € 90,414 | € 185,919 | € -85,295 | € -9,741 | ▲ € 75,554 |
| Total debts | € 252,817 | € 189,572 | € 492,366 | € 497,770 | ▲ 1% |
| Cash | € 23,593 | € 199,226 | € 67,258 | € 50,250 | ▼ 25% |
| Retained profit | € -9,586 | € 85,919 | € -185,295 | € -109,741 | ▲ € 75,554 |
| Dividend | € 0 | € 55,000 | € 0 | € 0 | |
| Bank debt | € 15,655 | € 10,114 | € 81,377 | € 117,237 | ▲ 44% |
| Balance sheet total | € 343,231 | € 375,491 | € 407,072 | € 488,029 | ▲ 20% |
| Employees (FTE) | 6.8 | 9.7 | 11 | 14 | ▲ 3 |
Key figures of ITZU PROJECT SOURCING, 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 ITZU PROJECT SOURCING?
What happened at ITZU PROJECT SOURCING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Human Capital Management Services BV stepped down as director. NBB
- Certimvest BV stepped down as director. NBB
- Added Value Services NV stepped down as director. NBB
- Janssen Management Services BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 75,554. filed late Source: NBB ↗
- Human Capital Management Services BV became a director. NBB
- Certimvest BV became a director. NBB
- Added Value Services NV became a director. NBB
In short
From € 111,509 profit in 2022 to € 75,554 profit in 2025.
Paid € 80,386 in corporate taxes since 2022.
Best year ever: 2023, with € 150,505 profit.
On average € 78,100 of value added per employee in 2025.
A new publication or filing at ITZU PROJECT SOURCING? 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
The stake of Itzu Jobs comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ITZU PROJECT SOURCINGThe shares are held by Itzu Jobs (90%).
Directors
According to the 2025 annual accounts
Human Capital Management Services BV
Managing director · represented by Koen Janssen
Also active at: Itzu Talent Solutions, ILGAT BUSINESS PARK, Eazer Facility, AVANCE MATCHING PROFESSIONALS, Itzu Home, FLEXU, Eazer Facility, ITZU +7 more
since 2025 · until 2031
Managing director · represented by Luc Lormans
Also active at: Itzu Talent Solutions, Eazer Facility, TULIEP, AVANCE MATCHING PROFESSIONALS, Itzu Home, FLEXU, Eazer Facility, ITZU +6 more
since 2025 · until 2031
Managing director · represented by Louis Kemps
Also active at: Certimed, MENSURA Service Externe de Prévention et de Protection au travail, B.S.F., Itzu Talent Solutions, ILGAT BUSINESS PARK, RABBIT, I.M.A., Eazer Facility +21 more
since 2025 · until 2031
Janssen Management Services BV
Director · represented by Tom Janssen
Also active at: Itzu Talent Solutions, ITZU Training, HURA
since 2025 · until 2031
Shareholders
90%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 27 box 6.1
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Mutualiteit Hulp en Onderstand van Leden en Oud-Leden der Electriciteitsmaatschappijen EBES en aanverwante Bedrijven
Schoonheidsinstituut en Parfumerie CLIO
Axxit
€ 664,191 gross margin · 2025
MATTHIAS HERTEGONNE
€ 37,608 gross margin · 2025
Advocatenkantoor Alex Buelens
€ 35,806 gross margin · 2025
+5 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
- 0884.390.372
- VAT number
- BE 0884.390.372
- Registered office
- Mechelsesteenweg 27 bus 6.1, 2018 Antwerpen
- Names & denominations
- ITZU PROJECT SOURCING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2006
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Arbeidsbemiddeling
Personeelsselectie en plaatsing
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Interimkantoren en tijdelijke tewerkstelling