ACTIVE

ITE

Financial year 2025 · closed on 31/12/2025
Net result
29,6 k €
+19.0% YoY
Gross margin
1,2 M €
-10.2% YoY
Equity
7,3 M €
+0.1% YoY
Workforce
11,3 ETP
-10.3% YoY

What does ITE do?

ITE is a Public limited company incorporated in 1986. Its registered office is in Sint-Niklaas. It employs on average 11,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.864.021
Incorporation
15/05/1986
Legal form
Public limited company
Registered office
Europark-Oost 24
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
180 000,00 €
Latest accounts
31/12/2025
Average workforce
11,3 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242020201920182017201620152014201320122011201020092008
Income statement
Gross margin1,2 M €1,4 M €1,3 M €1,4 M €1,2 M €1,2 M €1,1 M €
EBITDA20,7 k €1,1 k €326,4 k €359,7 k €201,3 k €151,8 k €113,2 k €60,9 k €238,0 k €319,3 k €452,0 k €523,7 k €511,5 k €523,6 k €1,1 M €
Operating result96,9 k €-157,1 k €236,5 k €203,2 k €129,0 k €113,2 k €61,9 k €24,9 k €130,8 k €146,6 k €308,9 k €434,7 k €680,1 k €311,9 k €1,0 M €
Net result29,6 k €24,8 k €85,5 k €81,6 k €47,9 k €17,7 k €14,1 k €82,3 k €141,4 k €74,0 k €213,6 k €316,2 k €518,5 k €231,2 k €720,4 k €
Balance sheet
Equity7,3 M €7,3 M €7,1 M €7,0 M €7,0 M €7,0 M €6,9 M €6,9 M €6,8 M €6,7 M €6,6 M €6,4 M €6,1 M €5,6 M €5,3 M €
Total assets7,8 M €7,8 M €7,6 M €7,7 M €7,4 M €7,5 M €7,4 M €7,4 M €7,4 M €7,1 M €7,0 M €7,1 M €6,5 M €5,9 M €5,8 M €
Cash2,6 M €3,7 M €5,2 M €4,8 M €4,9 M €4,7 M €1,4 M €1,3 M €419,3 k €559,6 k €375,5 k €59,7 k €325,3 k €220,9 k €368,5 k €
Debts494,4 k €429,7 k €493,3 k €672,2 k €394,9 k €541,9 k €456,6 k €455,8 k €501,9 k €419,5 k €350,5 k €616,2 k €417,4 k €320,4 k €368,9 k €
Other
Workforce11,3 ETP12,6 ETP11,2 ETP11,9 ETP11,7 ETP13,0 ETP12,2 ETP11,9 ETP12,2 ETP13,1 ETP12,5 ETP11,5 ETP11,5 ETP12,9 ETP16,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Daniel Heymans

Director · since 12 juin 2024 · until 30 avril 2027

Active
ITE INTERNATIONAL

Managing director · since 12 juin 2024 · until 12 juin 2030 · 0889.511.279

Represented by Franck Quévillon

Active
Maxime Quévillon

Director · since 12 juin 2024 · until 12 juin 2030

Active
Sophie Quévillon

Director · since 12 juin 2024 · until 12 juin 2030

Active

Ended mandates

Maxime Quévillon

Director · since 10 juin 2015 · until 13 juin 2018

Ended
Sophie Quévillon

Director · since 10 juin 2015 · until 13 juin 2018

Ended
Daniel Heymans

Director · since 13 juin 2012 · until 10 juin 2015

Ended
ITH

Director · since 13 juin 2012 · until 10 juin 2015 · 0431.857.856

Represented by Franck Quevillon

Ended
At this address

Other companies at this address

CompanyCBE no.
0889.511.279
ITHActive
0431.857.856
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202617/06/202517/06/202429/06/202330/08/202201/07/2021
General meeting10/06/202611/06/202512/06/202414/06/202308/06/202209/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

39 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202616/06/2026DutchPDF
Abridged model31/12/202411/06/202517/06/2025DutchPDF
Abridged model31/12/202312/06/202417/06/2024DutchPDF
Abridged model31/12/202214/06/202329/06/2023DutchPDF
Abridged model31/12/202108/06/202230/08/2022DutchPDF
Abridged model31/12/202009/06/202101/07/2021DutchPDF
Abridged model31/12/201910/06/202030/06/2020DutchPDF
Abridged model31/12/201812/06/201917/06/2019DutchPDF
Abridged model31/12/201713/06/201830/07/2018DutchPDF
Abridged model31/12/201614/06/201727/06/2017DutchPDF
Full model31/12/201508/06/201614/06/2016DutchPDF
Full model31/12/201410/06/201529/06/2015DutchPDF
Full model31/12/201311/06/201426/06/2014DutchPDF
Full model31/12/201212/06/201313/06/2013DutchPDF
Full model31/12/201113/06/201215/06/2012DutchPDF
Full model31/12/201008/06/201115/06/2011DutchPDF
Full model31/12/200909/06/201024/08/2010DutchPDF
Full model31/12/200810/06/200930/06/2009DutchPDF
Full model31/12/200711/06/200810/07/2008DutchPDF
Full model31/12/200613/06/200710/07/2007DutchPDF
Full model31/12/200514/06/200622/06/2006DutchPDF
Full model31/12/200408/06/200501/07/2005DutchPDF
Full model31/12/200309/06/200417/06/2004DutchPDF
Full model31/12/200211/06/200313/06/2003DutchPDF

View all 39 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Daniel Heymans

Director · since 12 juin 2024 · until 30 avril 2027

Active
ITE INTERNATIONAL

Managing director · since 12 juin 2024 · until 12 juin 2030 · 0889.511.279

Represented by Franck Quévillon

Active
Maxime Quévillon

Director · since 12 juin 2024 · until 12 juin 2030

Active
Sophie Quévillon

Director · since 12 juin 2024 · until 12 juin 2030

Active

Ended mandates

Maxime Quévillon

Director · since 10 juin 2015 · until 13 juin 2018

Ended
Sophie Quévillon

Director · since 10 juin 2015 · until 13 juin 2018

Ended
Daniel Heymans

Director · since 13 juin 2012 · until 10 juin 2015

Ended
ITH

Director · since 13 juin 2012 · until 10 juin 2015 · 0431.857.856

Represented by Franck Quevillon

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202529,6 k €
  2. 2024
    Annual accounts 202424,8 k €
  3. 2020
    Annual accounts 202085,5 k €
  4. 2019
    Annual accounts 201981,6 k €
  5. 2018
    Annual accounts 201847,9 k €
  6. 2017
    Annual accounts 201717,7 k €
  7. 2016
    Annual accounts 201614,1 k €
  8. 2015
    Annual accounts 201582,3 k €
  9. 2014
    Annual accounts 2014141,4 k €
  10. 2013
    Annual accounts 201374,0 k €
  11. 2012
    Annual accounts 2012213,6 k €
  12. 2011
    Annual accounts 2011316,2 k €
  13. 2010
    Annual accounts 2010518,5 k €
  14. 2009
    Annual accounts 2009231,2 k €
  15. 2008
    Annual accounts 2008720,4 k €
  16. 15/05/1986
    IncorporationPublic limited company