ACTIVE

ITAF

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Financial year 2025 · closed on 31/12/2025

Net result

16,7 k €

-78.7% YoY

Gross margin

1,7 M €

+3.7% YoY

Equity

800,6 k €

+2.1% YoY

Workforce

16,6 ETP

+2.5% YoY

What does ITAF do?

ITAF is a Private limited company incorporated in 1999. Its main activity is: Computer consultancy activities. Its registered office is in Gent. It employs on average 16,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.006.806

Incorporation

06/05/1999

Legal form

Private limited company

Registered office

Industrieweg 114H
9032 Gent · FlandreSee on map

Contributed capital

79 856,00 €

Latest accounts

31/12/2025

Average workforce

16,6 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities 72300Scientific research and development 74879Other professional, scientific and technical activities+2

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,7 M €	+3.7%	1,7 M €	+3.2%	1,6 M €	+46.1%	1,1 M €	-4.5%	1,2 M €	-3.7%	1,2 M €	+100%	602,6 k €	+29.1%	466,6 k €	-12.0%	530,5 k €	-9.8%	588 k €	+4.7%	561,8 k €	+4.2%	539,4 k €	+26.4%	426,7 k €	+21.6%	351 k €	+50.4%	233,4 k €	+24.5%	187,5 k €	+18.3%	158,4 k €	+67.7%	94,5 k €	+29.4%	73 k €	+91.8%	38,1 k €
EBITDA	354,4 k €	-12.7%	406 k €	-39.1%	667 k €	+60.9%	414,7 k €	+10.6%	374,9 k €	+8.7%	344,9 k €	+79.4%	192,2 k €	+4.6%	183,8 k €	+1.0%	181,9 k €	+32.3%	137,5 k €	+3.6%	132,8 k €	+28.5%	103,3 k €	+28.8%	80,2 k €	-0.1%	80,3 k €	+107%	38,8 k €	+30.1%	29,8 k €	+54.9%	19,3 k €	+94.3%	9,9 k €	-54.4%	21,7 k €	+59.8%	13,6 k €
Operating result	95,7 k €	-38.7%	156 k €	-62.6%	417,1 k €	+100%	208,2 k €	+40.6%	148,1 k €	+16.9%	126,7 k €	+130%	55 k €	+23.9%	44,4 k €	-33.1%	66,3 k €	+873%	6,8 k €	-52.2%	14,3 k €	+325%	3,4 k €	-64.8%	9,5 k €	-53.4%	20,4 k €	+666%	2,7 k €	-44.0%	4,8 k €	+124%	2,1 k €	+305%	-1 k €	-107%	15,8 k €	+88.9%	8,4 k €
Net result	16,7 k €	-78.7%	78,4 k €	-71.1%	271,3 k €	+94.6%	139,4 k €	+69.9%	82,1 k €	+18.5%	69,3 k €	+112%	32,7 k €	+232%	9,8 k €	+60.1%	6,2 k €	+11984%	50,9 €	-84.3%	324,5 €	+103%	-11,9 k €	-493%	3 k €	-74.7%	12 k €	+698%	1,5 k €	+61.2%	929,6 €	+1062%	80 €	+104%	-1,9 k €	-120%	9,9 k €	+43.5%	6,9 k €
Balance sheet
Equity	800,6 k €	+2.1%	783,9 k €	+11.1%	705,5 k €	+62.5%	434,2 k €	+47.3%	294,7 k €	+38.6%	212,7 k €	+48.3%	143,4 k €	+29.6%	110,7 k €	+9.8%	100,8 k €	+6.5%	94,7 k €	+0.1%	94,6 k €	+0.3%	94,3 k €	-11.2%	106,2 k €	+2.9%	103,2 k €	+13.1%	91,2 k €	+1.7%	89,7 k €	+1.0%	88,8 k €	+138%	37,4 k €	-5.0%	39,3 k €	+33.8%	29,4 k €
Total assets	2,9 M €	+13.6%	2,6 M €	-2.2%	2,6 M €	+29.6%	2 M €	-0.7%	2 M €	-13.7%	2,4 M €	+109%	1,1 M €	-1.0%	1,1 M €	+18.1%	963,1 k €	-13.3%	1,1 M €	+8.1%	1 M €	+3.0%	997,7 k €	+43.3%	696,2 k €	+16.8%	596,1 k €	+152%	236,3 k €	+6.3%	222,2 k €	+26.5%	175,7 k €	+38.6%	126,7 k €	+62.3%	78,1 k €	+15.2%	67,7 k €
Cash	275,8 k €	-25.1%	368 k €	+2.8%	358,1 k €	+86.0%	192,5 k €	-0.8%	194 k €	-24.2%	255,8 k €	-3.0%	263,8 k €	+5.1%	250,9 k €	+261%	69,5 k €	-13.3%	80,1 k €	-34.5%	122,3 k €	+78.4%	68,5 k €	+56.1%	43,9 k €	+32.1%	33,2 k €	+10.8%	30 k €	-41.8%	51,5 k €	+128%	22,6 k €	-1.7%	23 k €	+1905%	1,1 k €	-82.3%	6,5 k €
Debts	2,1 M €	+18.0%	1,8 M €	-7.9%	1,9 M €	+20.6%	1,6 M €	-8.8%	1,7 M €	-18.9%	2,1 M €	+118%	983,4 k €	-4.3%	1 M €	+19.3%	860,8 k €	-15.3%	1 M €	+8.9%	933,2 k €	+3.3%	903,3 k €	+57.1%	575 k €	+17.4%	489,9 k €	+238%	144,8 k €	+10.5%	131 k €	+53.5%	85,4 k €	+1.7%	84 k €	+141%	34,8 k €	-5.7%	36,9 k €
Other
Workforce	16,6 ETP	+2.5%	16,2 ETP	+21.8%	13,3 ETP	+20.9%	11,0 ETP	-34.9%	16,9 ETP	+15.8%	14,6 ETP	+94.7%	7,5 ETP		–		–		8,7 ETP	-6.5%	9,3 ETP	+3.3%	9,0 ETP	+12.5%	8,0 ETP	+48.1%	5,4 ETP	+45.9%	3,7 ETP	+8.8%	3,4 ETP	-10.5%	3,8 ETP	+81.0%	2,1 ETP	+23.5%	1,7 ETP	+70.0%	1,0 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 · 5 active · 6 ended

Active mandates

Geniki

Director · since 19 janvier 2026 · 0800.715.895

Represented by Wim Kretzers

Active

SIMPLEXIFY

Director · since 19 janvier 2026 · 0471.911.730

Represented by Glenn Provoost

Active

Consurity

Director · since 03 juillet 2025 · until 19 janvier 2026 · 0662.480.207

Represented by Dieter Van Houtte

Active

Glenn Provoost

Director · until 19 janvier 2026

Active

Katrien Boon

Director · until 19 janvier 2026

Active

Ended mandates

Glenn Provoost

Director · since 15 décembre 2020

Ended

Katrien Boon

Director · since 15 décembre 2020

Ended

Glenn PROVOOST

Director

Ended

Jurgen Dumont

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	30/06/2025	17/09/2024	29/06/2023	28/06/2022	07/09/2021
General meeting	26/06/2026	09/05/2025	11/09/2024	26/05/2023	14/06/2022	05/07/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	09/05/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	11/09/2024	17/09/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/07/2021	07/09/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	22/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/07/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	14/05/2017	15/05/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	21/05/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	22/05/2014	Dutch	PDF
Abridged model	31/12/2012	07/03/2013	12/03/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	12/06/2007	Dutch	PDF

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 · 5 active · 6 ended

Active mandates

Geniki

Director · since 19 janvier 2026 · 0800.715.895

Represented by Wim Kretzers

Active

SIMPLEXIFY

Director · since 19 janvier 2026 · 0471.911.730

Represented by Glenn Provoost

Active

Consurity

Director · since 03 juillet 2025 · until 19 janvier 2026 · 0662.480.207

Represented by Dieter Van Houtte

Active

Glenn Provoost

Director · until 19 janvier 2026

Active

Katrien Boon

Director · until 19 janvier 2026

Active

Ended mandates

Glenn Provoost

Director · since 15 décembre 2020

Ended

Katrien Boon

Director · since 15 décembre 2020

Ended

Glenn PROVOOST

Director

Ended

Jurgen Dumont

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/04/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office09/04/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/06/2004
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

2025
Annual accounts 202516,7 k €↓
2024
Annual accounts 202478,4 k €↓
2023
Annual accounts 2023271,3 k €↑
2022
Annual accounts 2022139,4 k €↑
2021
Annual accounts 202182,1 k €↑
2020
Annual accounts 202069,3 k €↑
2019
Annual accounts 201932,7 k €↑
2018
Annual accounts 20189,8 k €↑
2017
Annual accounts 20176,2 k €↑
2016
Annual accounts 201650,9 €↓
2015
Annual accounts 2015324,5 €↑
2014
Annual accounts 2014-11,9 k €↓
2013
Annual accounts 20133 k €↓
2012
Annual accounts 201212 k €↑
2011
Annual accounts 20111,5 k €↑
2010
Annual accounts 2010929,6 €↑
2009
Annual accounts 200980 €↑
2008
Annual accounts 2008-1,9 k €↓
2007
Annual accounts 20079,9 k €↑
2006
Annual accounts 20066,9 k €
06/05/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ITAF

Overview

What does ITAF do?

Trend over 20 financial years

Indicative valuation

Board of directors

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