ACTIVE

Itron Belgium

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Financial year 2019 · Closed on 31/12/2019

Net result262,4 k €-15,7 %over 1 year

Revenue15,2 M €-5,2 %over 1 year

Equity6,8 M €+4,0 %over 1 year

Workforce11,7 ETP-7,9 %over 1 year

Identity

Source · BCE/KBO

Itron Belgium is a Public limited company incorporated in 1928. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Bruxelles. It employs on average 11,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.951.361
Incorporation: 28/02/1928
Legal form: Public limited company
Registered office: Rue Picard 7 box 100
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2019
Average workforce: 11,7 ETP

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 33201Installation of industrial machinery and equipment 46646Wholesale of machinery for the textile industry and of sewing and knitting machines 46696Wholesale of other machinery and equipment 33130Repair of electronic and optical equipment+7

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 52 filings

Trend over 13 financial years

	2019		2018		2017		2016		2015
Income statement
Revenue	15,2 M €	-5.2%	16 M €	+3.8%	15,4 M €	-9.7%	17,1 M €	-6.4%	18,3 M €
EBITDA	402,3 k €	-15.4%	475,6 k €	+7.6%	442,1 k €	-2.6%	453,7 k €	-73.9%	1,7 M €
Operating result	370,9 k €	-23.2%	482,9 k €	+19.5%	404,2 k €	+8.5%	372,6 k €	-76.5%	1,6 M €
Net result	262,4 k €	-15.7%	311,3 k €	+19.2%	261,1 k €	+43.2%	182,4 k €	-83.2%	1,1 M €
Balance sheet
Equity	6,8 M €	+4.0%	6,5 M €	+5.0%	6,2 M €	+4.4%	5,9 M €	+3.2%	5,7 M €
Total assets	10,1 M €	-6.2%	10,8 M €	+29.4%	8,3 M €	-21.6%	10,7 M €	+7.5%	9,9 M €
Cash	212,8 k €	-45.6%	391,5 k €	+14519%	2,7 k €	+19.1%	2,2 k €	-45.9%	4,2 k €
Debts	3,3 M €	-20.9%	4,2 M €	+99.0%	2,1 M €	-50.7%	4,3 M €	+23.7%	3,5 M €
Other
Workforce	11,7 ETP	-7.9%	12,7 ETP	-7.3%	13,7 ETP	-15.4%	16,2 ETP	+18.2%	13,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2019

4 active · 21 ended

Active mandates

Johannes Huizing

Director · since 16 décembre 2016 · until 28 juin 2022

Active

Robert Farrow

Director · since 16 décembre 2016 · until 28 juin 2022

Active

Alfred Davidts

Director · since 24 septembre 2012 · until 28 juin 2022

Active

Eric Scheepers

Managing director · since 26 février 2010 · until 28 juin 2022

Active

Ended mandates

Farrow Robert

Director · since 16 décembre 2016 · until 16 décembre 2022

Ended

Huizing Johannes

Director · since 16 décembre 2016 · until 16 décembre 2022

Ended

Johannes Huizing

Director · since 16 décembre 2016 · until 16 décembre 2029

Ended

Robert Farrow

Director · since 16 décembre 2016 · until 16 décembre 2029

Ended

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Rue Picard 7 1000 Bruxelles

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Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2025	09/07/2024	11/08/2023	08/07/2022	15/07/2021	28/07/2020
General meeting	30/06/2025	28/06/2024	13/07/2023	30/06/2022	30/06/2021	15/07/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 52 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	10/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	09/07/2024	French	PDF
Full model	31/12/2022	13/07/2023	11/08/2023	French	PDF
Full model	31/12/2021	30/06/2022	08/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	15/07/2021	French	PDF
Full model	31/12/2019	15/07/2020	28/07/2020	French	PDF
Full model	31/12/2018	31/07/2019	27/08/2019	French	PDF
Full model	31/12/2017	12/09/2018	14/09/2018	French	PDF
Full model	31/12/2016	28/11/2017	28/11/2017	French	PDF
Full model	31/12/2015	09/11/2016	15/11/2016	French	PDF
Full model	31/12/2014	29/03/2016	31/05/2016	French	PDF
Full model	31/12/2013	19/03/2015	20/04/2015	French	PDF
Full model	31/12/2012	09/10/2013	22/10/2013	French	PDF
Full model	31/12/2011	29/06/2012	20/08/2012	French	PDF
Full model	31/12/2010	27/06/2011	08/07/2011	French	PDF
Full model	31/12/2009	25/06/2010	02/08/2010	French	PDF
Full model	31/12/2008	25/06/2009	29/07/2009	French	PDF
Full model	31/12/2007	23/06/2008	16/07/2008	French	PDF
Full model	31/12/2006	22/06/2007	27/06/2007	French	PDF
m930-p	31/12/2005	18/04/2006	19/06/2006	French	PDF
Full model	31/12/2004	17/06/2005	29/07/2005	French	PDF
Full modelCorrection	31/12/2003	20/04/2004	01/04/2005	French	PDF
Full model	31/12/2003	20/04/2004	20/07/2004	French	PDF
Full model	31/12/2002	15/04/2003	27/05/2003	French	PDF

View all 52 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2019

4 active · 21 ended

Active mandates

Johannes Huizing

Director · since 16 décembre 2016 · until 28 juin 2022

Active

Robert Farrow

Director · since 16 décembre 2016 · until 28 juin 2022

Active

Alfred Davidts

Director · since 24 septembre 2012 · until 28 juin 2022

Active

Eric Scheepers

Managing director · since 26 février 2010 · until 28 juin 2022

Active

Ended mandates

Farrow Robert

Director · since 16 décembre 2016 · until 16 décembre 2022

Ended

Huizing Johannes

Director · since 16 décembre 2016 · until 16 décembre 2022

Ended

Johannes Huizing

Director · since 16 décembre 2016 · until 16 décembre 2029

Ended

Robert Farrow

Director · since 16 décembre 2016 · until 16 décembre 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/09/2026
renomination d'administrateur
PDF
Mandates09/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates14/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/08/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates15/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/11/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office10/11/2022
SIEGE SOCIAL
PDF
Mandates05/09/2022
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2019
Annual accounts 2019262,4 k €↓
2018
Annual accounts 2018311,3 k €↑
2017
Annual accounts 2017261,1 k €↑
2016
Annual accounts 2016182,4 k €↓
2015
Annual accounts 20151,1 M €↓
2014
Annual accounts 20141,4 M €↑
2013
Annual accounts 20131,2 M €↓
2012
Annual accounts 20121,8 M €↓
2010
Annual accounts 20103,1 M €↑
2009
Annual accounts 20091,5 M €↑
2008
Annual accounts 2008725,2 k €↓
2007
Annual accounts 20072,2 M €↑
2006
Annual accounts 20062,2 M €
28/02/1928
IncorporationPublic limited company

Itron Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline