ACTIVE

ITTE

Financial year 2023 · closed on 31/12/2023
Net result
-7,8 k €
-120.8% YoY
Revenue
10,7 k €
-86.8% YoY
Equity
643,2 k €
-1.2% YoY

What does ITTE do?

ITTE is a Private company with limited liability incorporated in 2001. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.615.348
Incorporation
12/09/2001
Legal form
Private company with limited liability
Registered office
Grote Heerweg 312
8792 Waregem · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2023
Joint committees (2)
  • 305
  • 330
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue10,7 k €80,9 k €
EBITDA17 k €75,9 k €65,3 k €159,6 k €61,9 k €104,3 k €26,1 k €35,8 k €53 k €67 k €49,9 k €38,8 k €50,7 k €29,8 k €77,8 k €108,6 k €47,6 k €43,7 k €
Operating result-5 k €54,5 k €47,4 k €145,2 k €46,9 k €89,4 k €11,5 k €18,7 k €33,2 k €50,9 k €15,5 k €1,5 k €11,9 k €14,3 k €46,7 k €86,7 k €33,4 k €30,1 k €
Net result-7,8 k €37,6 k €31,7 k €106,9 k €177,1 k €35,3 k €-4,6 k €-567,2 €7,7 k €161,8 k €1,7 k €-14 k €1,3 k €6,8 k €24,5 k €26,9 k €17,6 k €13,9 k €
Balance sheet
Equity643,2 k €651 k €613,5 k €581,7 k €474,9 k €297,8 k €263,2 k €267,7 k €268,3 k €260,6 k €98,8 k €97,1 k €111,1 k €109,8 k €103,1 k €78,6 k €51,7 k €34,1 k €
Total assets970,7 k €1 M €1 M €1,1 M €974,2 k €993,1 k €999,9 k €1 M €1 M €1,1 M €421,5 k €434,4 k €463 k €389,6 k €409,4 k €400,6 k €313,7 k €278,1 k €
Cash3,8 k €49,7 k €8,3 k €122,1 k €6,8 k €9,7 k €9,3 k €9,5 k €8,4 k €10,9 k €3,2 k €6,1 k €12,4 k €231,8 k €239,3 k €241,9 k €17,9 k €16,4 k €
Debts305 k €362,5 k €404 k €462,7 k €499,3 k €694,9 k €699,6 k €733,8 k €739,5 k €779,1 k €306,9 k €321,5 k €333 k €231,4 k €234,6 k €252 k €225,5 k €224,8 k €
Other
Workforce0,3 ETP1,4 ETP1,8 ETP1,1 ETP1,5 ETP2,1 ETP2,3 ETP2,1 ETP2,5 ETP1,6 ETP0,4 ETP0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 4 ended

Active mandates

Hilde De Brauwere

Mandate

Active

Ended mandates

HILDE DE BRAUWERE

Director · since 17 juin 2002

Ended
HILDE DE BRAUWERE

Manager · since 17 juin 2002

Ended
HILDE DE BRAUWERE

Manager

Ended
OLIVIER EELTIGES

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
MarnetteBankrupt
0425.160.403
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/04/202411/04/202404/05/202304/05/202303/09/202019/08/2019
General meeting10/04/202410/04/202402/05/202302/05/202325/06/202027/06/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202310/04/202411/04/2024DutchPDF
Micro model31/12/202210/04/202411/04/2024DutchPDF
Abridged model31/12/202102/05/202304/05/2023DutchPDF
Abridged model31/12/202002/05/202304/05/2023DutchPDF
Abridged model31/12/201925/06/202003/09/2020DutchPDF
Abridged model31/12/201827/06/201919/08/2019DutchPDF
Abridged model31/12/201728/06/201831/08/2018DutchPDF
Abridged model31/12/201629/06/201712/09/2017DutchPDF
Abridged model31/12/201530/06/201622/08/2016DutchPDF
Abridged model31/12/201425/06/201524/08/2015DutchPDF
Abridged model31/12/201326/06/201426/08/2014DutchPDF
Abridged model31/12/201227/06/201302/08/2013DutchPDF
Abridged model31/12/201128/06/201230/08/2012DutchPDF
Abridged model31/12/201030/06/201111/08/2011DutchPDF
Abridged model31/12/200924/06/201030/08/2010DutchPDF
Abridged model31/12/200825/06/200908/09/2009DutchPDF
Abridged model31/12/200717/07/200806/08/2008DutchPDF
Abridged model31/12/200630/06/200722/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2023 · 1 active · 4 ended

Active mandates

Hilde De Brauwere

Mandate

Active

Ended mandates

HILDE DE BRAUWERE

Director · since 17 juin 2002

Ended
HILDE DE BRAUWERE

Manager · since 17 juin 2002

Ended
HILDE DE BRAUWERE

Manager

Ended
OLIVIER EELTIGES

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office28/08/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/02/2005
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office12/05/2004
    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

Timeline

  1. 2023
    Annual accounts 2023-7,8 k €
  2. 2022
    Annual accounts 202237,6 k €
  3. 2021
    Annual accounts 202131,7 k €
  4. 2020
    Annual accounts 2020106,9 k €
  5. 2019
    Annual accounts 2019177,1 k €
  6. 2018
    Annual accounts 201835,3 k €
  7. 2017
    Annual accounts 2017-4,6 k €
  8. 2016
    Annual accounts 2016-567,2 €
  9. 2015
    Annual accounts 20157,7 k €
  10. 2014
    Annual accounts 2014161,8 k €
  11. 2013
    Annual accounts 20131,7 k €
  12. 2012
    Annual accounts 2012-14 k €
  13. 2011
    Annual accounts 20111,3 k €
  14. 2010
    Annual accounts 20106,8 k €
  15. 2009
    Annual accounts 200924,5 k €
  16. 2008
    Annual accounts 200826,9 k €
  17. 2007
    Annual accounts 200717,6 k €
  18. 2006
    Annual accounts 200613,9 k €
  19. 12/09/2001
    IncorporationPrivate company with limited liability