ACTIVE

IT1 Group

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Financial year 2025 · closed on 31/12/2025
Net result
128,3 k €
-76.3% YoY
Revenue
1,8 M €
-87.4% YoY
Equity
1,3 M €
-51.9% YoY
Workforce
26,1 ETP
-31.0% YoY

What does IT1 Group do?

IT1 Group is a Private limited company incorporated in 1995. Its main activity is: Computer programming activities. Its registered office is in Dendermonde. It employs on average 26,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.486.768
Incorporation
10/02/1995
Legal form
Private limited company
Registered office
Steenkaaistraat (BAA) 14
9200 Dendermonde · FlandreSee on map
Contributed capital
36 294,34 €
Latest accounts
31/12/2025
Average workforce
26,1 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering
Joint committees (3)
  • 14904
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Revenue1,8 M €14,3 M €14,3 M €10,1 M €–––––––––
EBITDA318,2 k €1,3 M €1 M €641,1 k €840,1 k €317,7 k €376,2 k €234,9 k €289,6 k €225,1 k €163,2 k €237,3 k €147,2 k €
Operating result149 k €763,5 k €579,5 k €403,6 k €624,9 k €218,2 k €252,3 k €110,8 k €164,4 k €103,9 k €48,5 k €131,5 k €67,3 k €
Net result128,3 k €541,9 k €378 k €277,8 k €434,7 k €117,5 k €134,9 k €44,8 k €65,1 k €33,3 k €7,6 k €55,6 k €43,2 k €
Balance sheet
Equity1,3 M €2,8 M €2,7 M €2,5 M €2,3 M €629,6 k €592,6 k €457,6 k €412,8 k €447,7 k €423,4 k €415,8 k €360,1 k €
Total assets2,6 M €7,3 M €7,5 M €4,5 M €5,2 M €2,1 M €2,5 M €1,9 M €1,9 M €1,8 M €1,8 M €1,8 M €1,1 M €
Cash294 k €2 M €807,2 k €912,6 k €1,1 M €147,2 k €281,7 k €299,9 k €263,9 k €177,8 k €106,6 k €96,9 k €143 k €
Debts1,2 M €4,5 M €4,8 M €1,9 M €2,8 M €1,5 M €1,9 M €1,4 M €1,4 M €1,3 M €1,4 M €1,4 M €760,6 k €
Other
Workforce26,1 ETP37,8 ETP0,0 ETP27,9 ETP27,0 ETP17,0 ETP15,3 ETP13,7 ETP17,0 ETP15,5 ETP14,0 ETP12,8 ETP9,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Mario Van de Voorde

Director · since 04 décembre 2023

Active

Ended mandates

Mario Van de Voorde

Director

Ended
Mario Van de Voorde

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
IT1● Active
1024.793.320
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date13/07/202624/06/202520/06/202413/07/202312/07/202210/06/2021
General meeting09/07/202616/06/202531/05/202422/06/202322/06/202228/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/07/202613/07/2026DutchPDF
Full model31/12/202416/06/202524/06/2025DutchPDF
Abridged model31/12/202331/05/202420/06/2024DutchPDF
Abridged model31/12/202222/06/202313/07/2023DutchPDF
Abridged model31/12/202122/06/202212/07/2022DutchPDF
Abridged model31/12/202028/05/202110/06/2021DutchPDF
Abridged model31/12/201910/06/202030/06/2020DutchPDF
Abridged model31/12/201831/05/201913/06/2019DutchPDF
Abridged model31/12/201725/05/201814/06/2018DutchPDF
Abridged model31/12/201629/06/201728/07/2017DutchPDF
Abridged model31/12/201527/05/201623/06/2016DutchPDF
Abridged model31/12/201429/06/201531/07/2015DutchPDF
Abridged model31/12/201327/06/201418/07/2014DutchPDF
Abridged model31/12/201228/06/201331/07/2013DutchPDF
Abridged model31/12/201129/08/201231/08/2012DutchPDF
Abridged model31/12/201027/05/201124/06/2011DutchPDF
Abridged model31/12/200928/08/201031/08/2010DutchPDF
Abridged model31/12/200829/08/200931/08/2009DutchPDF
Abridged model31/12/200720/06/200827/08/2008DutchPDF
Abridged modelCorrection31/12/200622/06/200717/10/2007DutchPDF
Abridged model31/12/200622/06/200716/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 2 ended

Active mandates

Mario Van de Voorde

Director · since 04 décembre 2023

Active

Ended mandates

Mario Van de Voorde

Director

Ended
Mario Van de Voorde

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring08/07/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates18/05/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Registered office01/02/2007
    MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    PDF
  • Capital / shares01/04/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025128,3 k €↓
  2. 2025
    Name changeIT1 Group
  3. 2024
    Annual accounts 2024541,9 k €↑
  4. 2023
    Annual accounts 2023378 k €↑
  5. 2022
    Annual accounts 2022277,8 k €↓
  6. 2021
    Annual accounts 2021434,7 k €↑
  7. 2013
    Annual accounts 2013117,5 k €↓
  8. 2012
    Annual accounts 2012134,9 k €↑
  9. 2011
    Annual accounts 201144,8 k €↓
  10. 2010
    Annual accounts 201065,1 k €↑
  11. 2009
    Annual accounts 200933,3 k €↑
  12. 2008
    Annual accounts 20087,6 k €↓
  13. 2007
    Annual accounts 200755,6 k €↑
  14. 2006
    Annual accounts 200643,2 k €
  15. 2006
    Name changeIT1
  16. 10/02/1995
    IncorporationPrivate limited company