ACTIVE

ITG INVEST

Financial year 2025 · closed on 31/12/2025
Net result
75,7 k €
+84.2% YoY
Gross margin
73,4 k €
+485.8% YoY
Equity
711,2 k €
+11.9% YoY

What does ITG INVEST do?

ITG INVEST is a Public limited company incorporated in 1996. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.971.048
Incorporation
09/05/1996
Legal form
Public limited company
Registered office
Weiveldlaan 41 box A unit 3
1930 Zaventem · FlandreSee on map
Contributed capital
1 445 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin73,4 k €-19 k €-17,9 k €-16,3 k €-52,1 k €-16,3 k €-27 k €-28,8 k €-18,8 k €-20,2 k €-26 k €-33,1 k €-17,7 k €-16,5 k €-5,4 k €-7,5 k €-5 k €-6 k €-5,3 k €-21,3 k €
EBITDA72,6 k €-19,4 k €-18,9 k €-17,1 k €-52,9 k €-18,1 k €-27 k €-29,6 k €-19,6 k €-45,9 k €-26,9 k €-35,3 k €-18,6 k €-17,3 k €-6,6 k €-8,3 k €-5,9 k €-7 k €-6,2 k €-22,3 k €
Operating result72,6 k €-19,4 k €-18,9 k €-17,1 k €-52,9 k €-18,1 k €-27 k €-29,6 k €-19,6 k €-45,9 k €-26,9 k €-35,3 k €-18,6 k €-17,3 k €-6,6 k €-8,3 k €-5,9 k €-7 k €-6,2 k €-22,3 k €
Net result75,7 k €41,1 k €-20,3 k €231,5 k €-54,3 k €-20 k €-28,4 k €-31,2 k €-20,9 k €-47,5 k €-785,3 k €-36,5 k €-19,8 k €-18,5 k €-7,8 k €-9,7 k €-7,6 k €-8,2 k €-14,2 k €-21,6 k €
Balance sheet
Equity711,2 k €635,5 k €594,4 k €614,7 k €383,2 k €437,5 k €457,4 k €485,8 k €517 k €537,9 k €585,4 k €1,4 M €1,4 M €1,4 M €1,4 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €
Total assets711,6 k €635,5 k €655 k €790,9 k €865,9 k €798,1 k €793,3 k €793,3 k €790,2 k €755,2 k €790,1 k €1,9 M €1,9 M €1,9 M €2 M €2 M €2 M €2 M €2 M €2 M €
Cash168,2 k €2,8 k €2,3 k €175,8 €351 €501,2 €3,5 k €426,7 €429,4 €10,6 k €539 €9,1 k €6,7 k €6,7 k €6,7 k €70 €226,3 €934,4 €138 €
Debts399,7 €55,5 €60,7 k €176,3 k €482,7 k €360,6 k €335 k €306,6 k €272,3 k €217,3 k €204,7 k €514,5 k €511,6 k €510,8 k €508,6 k €514,5 k €507,4 k €504,9 k €504,7 k €503,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

José Antonio Rus

Director · since 31 janvier 2025

Active

Ended mandates

José Antonio Rus

Director · since 24 janvier 2025 · until 03 juin 2031

Ended
Cowel Real Estate BO NV

Director · since 22 septembre 2021 · until 24 janvier 2025

Represented by Gabriel El Rhilani

Ended
Cowel Real Estate BO NV

Director · since 22 septembre 2021 · until 01 juin 2027

Represented by Gabriel El Rhilani

Ended
S.A. Cowel Real Estate BO

Managing director · since 22 septembre 2021 · until 01 juin 2027 · 0893.626.752

Represented by Gabriel El Rhilani

Ended
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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 date09/06/202615/04/202530/07/202431/10/202317/10/202228/07/2021
General meeting02/06/202631/01/202530/06/202430/06/202330/09/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202609/06/2026DutchPDF
Abridged model31/12/202431/01/202515/04/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202331/10/2023DutchPDF
Abridged model31/12/202130/09/202217/10/2022DutchPDF
Abridged model31/12/202030/06/202128/07/2021DutchPDF
Abridged model31/12/201908/09/202007/10/2020DutchPDF
Abridged model31/12/201831/07/201929/08/2019DutchPDF
Abridged model31/12/201705/06/201812/06/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201507/06/201631/08/2016DutchPDF
Abridged model31/12/201430/06/201508/07/2015DutchPDF
Abridged model31/12/201303/06/201402/07/2014DutchPDF
Abridged model31/12/201204/06/201328/08/2013DutchPDF
Abridged model31/12/201105/06/201228/08/2012DutchPDF
Abridged model31/12/201007/06/201130/08/2011DutchPDF
Abridged model31/12/200901/06/201015/10/2010DutchPDF
Abridged model31/12/200802/06/200902/10/2009DutchPDF
Abridged model31/12/200703/06/200831/07/2008DutchPDF
Abridged model31/12/200605/06/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 17 ended

Active mandates

José Antonio Rus

Director · since 31 janvier 2025

Active

Ended mandates

José Antonio Rus

Director · since 24 janvier 2025 · until 03 juin 2031

Ended
Cowel Real Estate BO NV

Director · since 22 septembre 2021 · until 24 janvier 2025

Represented by Gabriel El Rhilani

Ended
Cowel Real Estate BO NV

Director · since 22 septembre 2021 · until 01 juin 2027

Represented by Gabriel El Rhilani

Ended
S.A. Cowel Real Estate BO

Managing director · since 22 septembre 2021 · until 01 juin 2027 · 0893.626.752

Represented by Gabriel El Rhilani

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office30/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2021
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates30/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2006
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares05/03/2004
    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 202575,7 k €
  2. 2025
    Name changeItg Invest
  3. 2024
    Annual accounts 202441,1 k €
  4. 2023
    Annual accounts 2023-20,3 k €
  5. 2022
    Annual accounts 2022231,5 k €
  6. 2021
    Annual accounts 2021-54,3 k €
  7. 2021
    Name changeI.T.G. INVEST
  8. 2020
    Annual accounts 2020-20 k €
  9. 2019
    Annual accounts 2019-28,4 k €
  10. 2018
    Annual accounts 2018-31,2 k €
  11. 2017
    Annual accounts 2017-20,9 k €
  12. 2016
    Annual accounts 2016-47,5 k €
  13. 2015
    Annual accounts 2015-785,3 k €
  14. 2014
    Annual accounts 2014-36,5 k €
  15. 2013
    Annual accounts 2013-19,8 k €
  16. 2012
    Annual accounts 2012-18,5 k €
  17. 2011
    Annual accounts 2011-7,8 k €
  18. 2010
    Annual accounts 2010-9,7 k €
  19. 2009
    Annual accounts 2009-7,6 k €
  20. 2008
    Annual accounts 2008-8,2 k €
  21. 2007
    Annual accounts 2007-14,2 k €
  22. 2006
    Annual accounts 2006-21,6 k €
  23. 09/05/1996
    IncorporationPublic limited company