ACTIVE

ITTECH

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Financial year 2025 · closed on 31/12/2025

Net result

83 k €

+7.3% YoY

Gross margin

390,9 k €

-0.9% YoY

Equity

303,1 k €

+37.7% YoY

Workforce

3,7 ETP

0.0% YoY

What does ITTECH do?

ITTECH is a Private limited company incorporated in 2003. Its registered office is in Merelbeke-Melle. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.668.661

Incorporation

27/02/2003

Legal form

Private limited company

Registered office

Bosstraat 54
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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	390,9 k €	-0.9%	394,3 k €	-3.3%	407,7 k €	+4.9%	388,9 k €	-1.2%	393,7 k €	+0.1%	393,3 k €	+26.5%	311 k €	-10.5%	347,6 k €	-1.3%	352 k €	-6.7%	377,4 k €		–		–		–		–		–		401,1 k €	-7.3%	432,6 k €	+1.4%	426,7 k €	+4.6%	408,1 k €	+21.4%	336,1 k €
EBITDA	105,3 k €	-18.5%	129,1 k €	-28.8%	181,4 k €	+15.0%	157,7 k €	-3.5%	163,4 k €	-1.0%	165 k €	+144%	67,5 k €	-42.2%	116,7 k €	+11.5%	104,6 k €	-40.7%	176,4 k €	+1.6%	173,7 k €	-17.9%	211,5 k €	+43.3%	147,6 k €	+114%	69,1 k €	-41.1%	117,4 k €	-21.8%	150,2 k €	-14.6%	175,8 k €	-21.6%	224,3 k €	+6.6%	210,4 k €	+53.3%	137,3 k €
Operating result	104,7 k €	+6.5%	98,4 k €	-34.6%	150,3 k €	+29.2%	116,4 k €	-3.9%	121 k €	+1.2%	119,6 k €	+156%	46,7 k €	-19.1%	57,6 k €	+1172%	4,5 k €	-95.1%	92,7 k €	+14.0%	81,3 k €	-30.7%	117,3 k €	+115%	54,6 k €	+882%	-7 k €	-115%	46,6 k €	-34.6%	71,2 k €	-24.2%	94 k €	-23.7%	123,2 k €	+5.5%	116,7 k €	+93.4%	60,3 k €
Net result	83 k €	+7.3%	77,3 k €	-30.5%	111,4 k €	+34.1%	83 k €	-1.7%	84,5 k €	+1.4%	83,4 k €	+201%	27,7 k €	-9.2%	30,5 k €	+2810%	-1,1 k €	-102%	62,7 k €	+9.4%	57,3 k €	-26.5%	78 k €	+64.3%	47,4 k €	+752%	-7,3 k €	-121%	34,4 k €	-39.5%	56,8 k €	-3.8%	59,1 k €	-32.1%	87 k €	+15.1%	75,6 k €	+96.7%	38,4 k €
Balance sheet
Equity	303,1 k €	+37.7%	220,2 k €	-70.8%	753,8 k €	+17.3%	642,4 k €	+0.0%	642,3 k €	-0.1%	642,8 k €	+0.1%	642,5 k €	+0.4%	639,7 k €	-1.5%	649,2 k €	-0.2%	650,4 k €	-4.7%	682,7 k €	+9.2%	625,4 k €	+14.2%	547,4 k €	+9.5%	500 k €	-1.4%	507,3 k €	+7.3%	472,9 k €	+13.7%	416,1 k €	+16.5%	357 k €	+32.2%	270 k €	+38.9%	194,4 k €
Total assets	924,1 k €	+5.7%	874,1 k €	+9.3%	799,6 k €	+0.1%	799,1 k €	+4.1%	768 k €	-13.6%	888,8 k €	+7.6%	825,9 k €	+5.7%	781,4 k €	-9.1%	859,7 k €	+5.0%	818,5 k €	+8.5%	754,3 k €	+1.6%	742,6 k €	+13.0%	657,4 k €	-4.8%	690,3 k €	+17.2%	589,3 k €	+9.4%	538,7 k €	+2.8%	524,3 k €	+5.5%	497 k €	+12.4%	442,1 k €	+13.9%	388 k €
Cash	497 k €	+18.5%	419,5 k €	+38.9%	302 k €	+59.0%	189,9 k €	-21.1%	240,8 k €	+48.6%	162 k €	+54.7%	104,7 k €	+36.7%	76,6 k €	+158%	29,7 k €	+77.5%	16,7 k €	+3.6%	16,2 k €	-53.0%	34,4 k €	-7.9%	37,4 k €	+10.3%	33,9 k €	-39.3%	55,9 k €	+33.6%	41,8 k €	-24.7%	55,6 k €	+81.8%	30,6 k €	+206%	10 k €	-22.1%	12,8 k €
Debts	621 k €	-5.0%	653,9 k €	+1326%	45,9 k €	-70.7%	156,7 k €	+30.5%	120,1 k €	-50.7%	243,6 k €	+32.8%	183,5 k €	+30.9%	140,1 k €	-33.4%	210,5 k €	+25.2%	168,1 k €	+135%	71,6 k €	-38.2%	115,9 k €	+5.5%	109,9 k €	-42.3%	190,3 k €	+132%	82 k €	+24.6%	65,8 k €	-39.2%	108,2 k €	-22.7%	140 k €	-18.6%	172 k €	-11.1%	193,5 k €
Other
Workforce	3,7 ETP	0.0%	3,7 ETP	-7.5%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-4.8%	4,2 ETP	-4.5%	4,4 ETP	-2.2%	4,5 ETP	0.0%	4,5 ETP	0.0%	4,5 ETP	0.0%	4,5 ETP	-10.0%	5,0 ETP	-20.6%	6,3 ETP	-8.7%	6,9 ETP	+19.0%	5,8 ETP	-4.9%	6,1 ETP	+35.6%	4,5 ETP	0.0%	4,5 ETP	-4.3%	4,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

PLASSCHAERT INVEST

Director · since 03 janvier 2022 · 0842.210.913

Represented by Jean Marie PLASSCHAERT

Active

Ended mandates

Jean-Marie Plasschaert

Director

Ended

Jean-Marie Plasschaert

Manager

Ended

PLASSCHAERT INVEST

Director · 0842.210.913

Represented by Jean-Marie PLASSCHAERT

Ended

At this address

Other companies at this address

Company	CBE no.
BOUWCENTRALE SCHELDERODE● Active	0439.870.749
GEO-THERMICS● Active	0832.169.532
PLASSCHAERT INVEST● Active	0842.210.913
SCHELDIMMO● Active	0439.127.215

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	27/08/2026	21/08/2025	29/08/2024	30/08/2023	28/07/2022	31/08/2021
General meeting	25/08/2026	14/08/2025	29/07/2024	05/08/2023	30/06/2022	24/08/2021
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	25/08/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	14/08/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/07/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/08/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	24/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	06/11/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	01/03/2017	Dutch	PDF
Full model	31/12/2014	31/07/2015	14/08/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	31/07/2013	23/08/2013	Dutch	PDF
Full model	31/12/2011	31/07/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	17/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 3 ended

Active mandates

PLASSCHAERT INVEST

Director · since 03 janvier 2022 · 0842.210.913

Represented by Jean Marie PLASSCHAERT

Active

Ended mandates

Jean-Marie Plasschaert

Director

Ended

Jean-Marie Plasschaert

Manager

Ended

PLASSCHAERT INVEST

Director · 0842.210.913

Represented by Jean-Marie PLASSCHAERT

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/11/2004
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other07/03/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202583 k €↑
2024
Annual accounts 202477,3 k €↓
2023
Annual accounts 2023111,4 k €↑
2022
Annual accounts 202283 k €↓
2021
Annual accounts 202184,5 k €↑
2020
Annual accounts 202083,4 k €↑
2019
Annual accounts 201927,7 k €↓
2018
Annual accounts 201830,5 k €↑
2017
Annual accounts 2017-1,1 k €↓
2016
Annual accounts 201662,7 k €↑
2015
Annual accounts 201557,3 k €↓
2014
Annual accounts 201478 k €↑
2013
Annual accounts 201347,4 k €↑
2012
Annual accounts 2012-7,3 k €↓
2011
Annual accounts 201134,4 k €↓
2010
Annual accounts 201056,8 k €↓
2009
Annual accounts 200959,1 k €↓
2008
Annual accounts 200887 k €↑
2007
Annual accounts 200775,6 k €↑
2006
Annual accounts 200638,4 k €
27/02/2003
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

ITTECH

Overview

What does ITTECH do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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