ACTIVE

ITINERA

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Financial year 2025 · closed on 30/09/2025

Net result

389,9 k €

+248.7% YoY

Gross margin

110 k €

-26.0% YoY

Equity

1,1 M €

+44.3% YoY

What does ITINERA do?

ITINERA is a Private limited company incorporated in 1999. Its registered office is in Erpe-Mere.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0468.568.297

Incorporation

22/12/1999

Legal form

Private limited company

Registered office

Evenbroekveld 34
9420 Erpe-Mere · FlandreSee on map

Contributed capital

6 205,32 €

Latest accounts

30/09/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	110 k €	-26.0%	148,8 k €	+487%	-38,5 k €	-115%	259,6 k €	+184%	91,5 k €	-29.6%	129,8 k €	-27.2%	178,3 k €	+64.9%	108,1 k €	-19.5%	134,2 k €	-0.6%	135,1 k €	+35.1%	100 k €	-0.3%	100,3 k €	-17.5%	121,6 k €	+8.6%	111,9 k €	+44.1%	77,7 k €	+44.4%	53,8 k €	+6.0%	50,7 k €	+34.1%	37,8 k €	-19.1%	46,8 k €
EBITDA	109 k €	-26.5%	148,3 k €	+468%	-40,3 k €	-116%	252,9 k €	+193%	86,2 k €	-28.3%	120,3 k €	-26.8%	164,4 k €	+70.0%	96,7 k €	-22.1%	124,1 k €	-2.1%	126,7 k €	+40.5%	90,2 k €	-2.8%	92,7 k €	-18.4%	113,7 k €	+7.8%	105,5 k €	+51.4%	69,7 k €	+30.7%	53,3 k €	+7.6%	49,6 k €	+33.1%	37,2 k €	-18.5%	45,7 k €
Operating result	108,1 k €	-26.6%	147,3 k €	+455%	-41,5 k €	-117%	251,7 k €	+234%	75,3 k €	-31.8%	110,4 k €	-13.5%	127,7 k €	+114%	59,7 k €	-31.4%	87,1 k €	-2.9%	89,7 k €	+67.1%	53,6 k €	-8.5%	58,7 k €	+41.8%	41,4 k €	-48.7%	80,6 k €	+890%	8,1 k €	-83.1%	48,2 k €	+6.9%	45,1 k €	+24.8%	36,1 k €	-18.8%	44,5 k €
Net result	389,9 k €	+249%	-262,2 k €	-422%	-50,2 k €	-109%	552,8 k €	+1167%	43,6 k €	-24.5%	57,8 k €	-10.1%	64,3 k €	+448%	11,8 k €	-68.9%	37,8 k €	-8.6%	41,4 k €	-23.8%	54,3 k €	+121%	24,5 k €	+77.8%	13,8 k €	-72.3%	49,8 k €	+587%	-10,2 k €	-136%	28,1 k €	+2.9%	27,3 k €	-44.1%	48,8 k €	+119%	22,3 k €
Balance sheet
Equity	1,1 M €	+44.3%	768 k €	-25.5%	1 M €	-21.2%	1,3 M €	+73.3%	753,9 k €	+6.1%	710,2 k €	+8.9%	652,4 k €	+10.9%	588,1 k €	+2.0%	576,3 k €	+7.0%	538,5 k €	+8.3%	497,2 k €	+12.3%	442,9 k €	+5.9%	418,4 k €	+3.4%	404,5 k €	+12.8%	358,8 k €	+151%	142,7 k €	+24.5%	114,6 k €	+31.3%	87,3 k €	+116%	40,5 k €
Total assets	1,6 M €	+6.6%	1,5 M €	-0.1%	1,5 M €	-7.6%	1,7 M €	-6.3%	1,8 M €	+7.8%	1,6 M €	-4.0%	1,7 M €	+7.3%	1,6 M €	+7.4%	1,5 M €	-0.2%	1,5 M €	-4.5%	1,6 M €	+34.8%	1,2 M €	-5.5%	1,2 M €	+38.4%	880,6 k €	+1.0%	871,9 k €	+211%	280,5 k €	-3.9%	291,9 k €	+7.8%	270,7 k €	-1.6%	275,1 k €
Cash	15,9 k €	+1819%	827,8 €	+340%	188,2 €	-83.9%	1,2 k €	+508%	191,7 €	-81.7%	1 k €	-79.5%	5,1 k €	-15.0%	6 k €	-47.4%	11,5 k €	+36.8%	8,4 k €	+589%	1,2 k €	-63.5%	3,3 k €	-91.1%	37,5 k €	+52.1%	24,7 k €	-42.7%	43,1 k €	+7583%	561 €	-13.8%	651 €	-51.8%	1,4 k €	+11.4%	1,2 k €
Debts	467,8 k €	-31.4%	681,5 k €	+61.2%	422,7 k €	+52.3%	277,6 k €	-72.0%	991,1 k €	+10.3%	899 k €	-13.1%	1 M €	+5.1%	985,1 k €	+9.5%	899,9 k €	-4.3%	940 k €	-11.0%	1,1 M €	+50.6%	701,2 k €	-12.1%	797,3 k €	+67.5%	476,1 k €	-7.2%	513,2 k €	+272%	137,8 k €	-22.3%	177,3 k €	-3.3%	183,4 k €	-21.8%	234,6 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 30/09/2025 · 1 active · 2 ended

Active mandates

Karel VAN DEN BERGHE

Director

Active

Ended mandates

Karel Van den Berghe

Mandate

Ended

Karel Van den Berghe

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/03/2026	27/05/2025	09/12/2024	26/05/2023	30/05/2022	31/05/2021
General meeting	17/01/2026	23/05/2025	25/10/2024	21/01/2023	15/01/2022	16/01/2021
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
Micro model	30/09/2025	17/01/2026	20/03/2026	Dutch	PDF
Micro model	30/09/2024	23/05/2025	27/05/2025	Dutch	PDF
Micro model	30/09/2023	25/10/2024	09/12/2024	Dutch	PDF
Abridged model	30/09/2022	21/01/2023	26/05/2023	Dutch	PDF
Abridged model	30/09/2021	15/01/2022	30/05/2022	Dutch	PDF
Abridged model	30/09/2020	16/01/2021	31/05/2021	Dutch	PDF
Abridged model	30/09/2019	18/01/2020	21/05/2020	Dutch	PDF
Abridged model	30/09/2018	19/01/2019	28/05/2019	Dutch	PDF
Abridged model	30/09/2017	20/01/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	21/01/2017	31/05/2017	Dutch	PDF
Abridged model	30/09/2015	03/01/2016	31/05/2016	Dutch	PDF
Abridged model	30/09/2014	04/01/2015	29/05/2015	Dutch	PDF
Abridged model	30/09/2013	27/03/2014	28/05/2014	Dutch	PDF
Abridged model	30/09/2012	28/06/2013	30/06/2013	Dutch	PDF
Abridged model	30/09/2011	05/01/2012	27/01/2012	Dutch	PDF
Abridged model	30/09/2010	15/01/2011	04/03/2011	Dutch	PDF
Abridged model	30/09/2009	11/03/2010	26/03/2010	Dutch	PDF
Abridged model	30/09/2008	17/01/2009	28/01/2010	Dutch	PDF
Abridged model	30/09/2007	19/01/2008	27/05/2008	Dutch	PDF
Abridged model	30/09/2006	20/01/2007	26/03/2007	Dutch	PDF

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 30/09/2025 · 1 active · 2 ended

Active mandates

Karel VAN DEN BERGHE

Director

Active

Ended mandates

Karel Van den Berghe

Mandate

Ended

Karel Van den Berghe

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office10/09/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/11/2002
MAATSCHAPPELIJKE ZETEL
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 2025389,9 k €↑
2024
Annual accounts 2024-262,2 k €↓
2023
Annual accounts 2023-50,2 k €↓
2022
Annual accounts 2022552,8 k €↑
2021
Annual accounts 202143,6 k €↓
2020
Annual accounts 202057,8 k €↓
2019
Annual accounts 201964,3 k €↑
2018
Annual accounts 201811,8 k €↓
2017
Annual accounts 201737,8 k €↓
2016
Annual accounts 201641,4 k €↓
2015
Annual accounts 201554,3 k €↑
2014
Annual accounts 201424,5 k €↑
2013
Annual accounts 201313,8 k €↓
2012
Annual accounts 201249,8 k €↑
2011
Annual accounts 2011-10,2 k €↓
2010
Annual accounts 201028,1 k €↑
2009
Annual accounts 200927,3 k €↓
2008
Annual accounts 200848,8 k €↑
2007
Annual accounts 200722,3 k €
22/12/1999
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

ITINERA

Overview

What does ITINERA do?

Trend over 19 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