What does INITIO BELGIUM do?

INITIO BELGIUM is an IT company in Schaarbeek. Public Limited, started on 27 October 2006, 1 establishment.

What is the address of INITIO BELGIUM?

The registered office of INITIO BELGIUM is located at Generaal Wahislaan 17, 1030 Schaarbeek.

Is INITIO BELGIUM still active?

Yes. According to the CBE (31 October 2026) INITIO BELGIUM is active, legal situation “Normale toestand”, started on 27 October 2006.

Is INITIO BELGIUM registered on Peppol?

Yes, INITIO BELGIUM is registered on the Peppol network with ID 0208:0884621093.

What is the enterprise number of INITIO BELGIUM?

The enterprise number of INITIO BELGIUM is BE0884621093.

When was INITIO BELGIUM founded?

INITIO BELGIUM was founded on 27 October 2006.

Who are the directors of INITIO BELGIUM?

According to the 2025 annual accounts, the directors of INITIO BELGIUM are: Eric BONNEL, KILDA, Jérôme BOUCHERON.

Is INITIO BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 October 2006; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did INITIO BELGIUM make in 2025?

INITIO BELGIUM recorded a loss after taxes of € 178,433 in financial year 2025.

What is the revenue of INITIO BELGIUM?

In its most recent annual accounts (2025), INITIO BELGIUM reported revenue of € 9,492,312.

How much does an employee at INITIO BELGIUM earn?

The average wage cost per full-time employee at INITIO BELGIUM was € 101,200 in 2025: staff costs of € 3.4 million for 34.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INITIO BELGIUM have?

According to the 2025 annual accounts, INITIO BELGIUM has 34.1 full-time equivalents (FTE).

INITIO BELGIUM (Public Limited) - Schaarbeek

Dossier INITIO BELGIUM, printed on 1 November 2026 from databakkes.be/en/0884621093/initio-belgium. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

INITIO BELGIUM from Schaarbeek, company number BE0884621093, closed financial year 2025 with a result of € -178,433 after tax. For that financial year INITIO BELGIUM recorded revenue of € 9.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -660,405 to € -178,433. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Healthy

€ 1.1 million

▼ 14% vs 2024

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

Loss Caution

€ -178,433

▲ 73 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 795,549

▼ 10% 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 € 1 million.

People and assets in 2025

Full-time equivalents

34.1

▼ 1.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.4 million

▼ 1% vs 2024

€ 101,200 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.

Vehicles and equipment

€ 2,843

▼ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5.7 million

▲ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 327 days on average.

Taxes and wages

€ 355,796

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 13,792,167 Revenue 2022: € 13,792,167 First fiscal year in the series	€ 13,932,874 Revenue 2023: € 13,932,874 ▲ 1% vs 2022 (€ 13,792,167) Favourable step	€ 9,969,357 Revenue 2024: € 9,969,357 ▼ 28% vs 2023 (€ 13,932,874) Unfavourable step	€ 9,492,312 Revenue 2025: € 9,492,312 ▼ 5% vs 2024 (€ 9,969,357) Unfavourable step	▼ 5%
Profit after taxes	€ 634,156 Profit after taxes 2022: € 634,156 First fiscal year in the series	€ 550,947 Profit after taxes 2023: € 550,947 ▼ 13% vs 2022 (€ 634,156) Unfavourable step	€ -660,405 Profit after taxes 2024: € -660,405 ▼ € 1.2 million vs 2023 (€ 550,947) Unfavourable step	€ -178,433 Profit after taxes 2025: € -178,433 ▲ € 481,972 vs 2024 (€ -660,405) Favourable step	▲ € 481,972
Equity	€ 2,375,805 Equity 2022: € 2,375,805 First fiscal year in the series	€ 1,926,752 Equity 2023: € 1,926,752 ▼ 19% vs 2022 (€ 2,375,805) Unfavourable step	€ 1,266,347 Equity 2024: € 1,266,347 ▼ 34% vs 2023 (€ 1,926,752) Unfavourable step	€ 1,087,914 Equity 2025: € 1,087,914 ▼ 14% vs 2024 (€ 1,266,347) Unfavourable step	▼ 14%
Total debts	€ 8,406,068 Total debts 2022: € 8,406,068 First fiscal year in the series	€ 8,175,152 Total debts 2023: € 8,175,152 ▼ 3% vs 2022 (€ 8,406,068) Favourable step	€ 6,088,809 Total debts 2024: € 6,088,809 ▼ 26% vs 2023 (€ 8,175,152) Favourable step	€ 6,078,446 Total debts 2025: € 6,078,446 Unchanged (€ 6,088,809) Favourable step
Cash	€ 593,651 Cash 2022: € 593,651 First fiscal year in the series	€ 1,187,943 Cash 2023: € 1,187,943 ▲ 100% vs 2022 (€ 593,651) Favourable step	€ 884,963 Cash 2024: € 884,963 ▼ 26% vs 2023 (€ 1,187,943) Unfavourable step	€ 795,549 Cash 2025: € 795,549 ▼ 10% vs 2024 (€ 884,963) Unfavourable step	▼ 10%
Retained profit	€ 2,313,305 Retained profit 2022: € 2,313,305 First fiscal year in the series	€ 1,864,252 Retained profit 2023: € 1,864,252 ▼ 19% vs 2022 (€ 2,313,305) Unfavourable step	€ 1,203,847 Retained profit 2024: € 1,203,847 ▼ 35% vs 2023 (€ 1,864,252) Unfavourable step	€ 1,025,414 Retained profit 2025: € 1,025,414 ▼ 15% vs 2024 (€ 1,203,847) Unfavourable step	▼ 15%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 1,000,000 Dividend 2023: € 1,000,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,000,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 10,781,873 Balance sheet total 2022: € 10,781,873 First fiscal year in the series	€ 10,101,904 Balance sheet total 2023: € 10,101,904 ▼ 6% vs 2022 (€ 10,781,873) Unchanged	€ 7,390,156 Balance sheet total 2024: € 7,390,156 ▼ 27% vs 2023 (€ 10,101,904) Unchanged	€ 7,211,360 Balance sheet total 2025: € 7,211,360 ▼ 2% vs 2024 (€ 7,390,156) Unchanged	▼ 2%
Employees (FTE)	30.2 Employees (FTE) 2022: 30.2 First fiscal year in the series	36.9 Employees (FTE) 2023: 36.9 ▲ 6.7 vs 2022 (30.2) Unchanged	35.8 Employees (FTE) 2024: 35.8 ▼ 1.1 vs 2023 (36.9) Unchanged	34.1 Employees (FTE) 2025: 34.1 ▼ 1.7 vs 2024 (35.8) Unchanged	▼ 1.7

Key figures of INITIO BELGIUM, 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 INITIO BELGIUM?

What happened at INITIO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Eric BONNEL stepped down as director. NBB
2029 KILDA stepped down as director. NBB
2029 Jérôme BOUCHERON stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: loss of € 178,433. Source: NBB ↗
2025 KILDA became a director. NBB
2023 Eric BONNEL became a director. NBB
2023 Jérôme BOUCHERON became a director. NBB
Nov 15, 2006 New establishment in Schaarbeek. KBO

In short

From € 634,156 profit in 2022 to € 178,433 loss in 2025.

Paid € 644,547 in corporate taxes since 2022.

Best year ever: 2022, with € 634,156 profit.

Paid out € 1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Eric BONNEL

Director

Also active at: CIRCLE BELGIUM, INITIO MANAGEMENT CONSULTING

since 2023 · until 2029

KILDA

Director · represented by Mathieu LEFEVRE

since 2025 · until 2029

Jérôme BOUCHERON

Director

Also active at: INITIO MANAGEMENT CONSULTING

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Generaal Wahislaan 17

1030 Schaarbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CIRCLE BELGIUM same network

€ 3,055 revenue · 2025

INITIO MANAGEMENT CONSULTING same network

€ 1.4 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0884.621.093

VAT number

BE 0884.621.093

Registered office

Generaal Wahislaan 17, 1030 Schaarbeek

Names & denominations

INITIO BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 October 2006

Peppol

Active · Active since 2 Dec 2025

Contact

initio.eu [email protected] 026131055

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computeradviesbureaus

Computerconsultancy-activiteiten

Secretariaten

Overige activiteiten i .v.m. administratie, n.e.g.

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Diverse administratieve activiteiten ten behoeve van kantoren

Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗