ACTIVE

ITISAI

Financial year 2025 · Closed on 31/12/2025

Net result12,9 k €+144,8 %over 1 year

Gross margin58,5 k €+687,6 %over 1 year

Equity1,8 M €-0,4 %over 1 year

Identity

Source · BCE/KBO

ITISAI is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in De Panne.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0521.703.315
Incorporation: 28/02/2013
Legal form: Private limited company
Registered office: Zeelaan 6
8660 De Panne · FlandreSee on map
Contributed capital: 259 002,12 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	58,5 k €	+688%	-10 k €	-227%	7,9 k €	-68.3%	24,8 k €	+157%	9,6 k €
EBITDA	52,3 k €	+420%	-16,3 k €	-726%	2,6 k €	-88.7%	23,2 k €	+412%	4,5 k €
Operating result	18,7 k €	+140%	-46,9 k €	-85.4%	-25,3 k €	-406%	8,3 k €	+186%	-9,6 k €
Net result	12,9 k €	+145%	-28,9 k €	-151%	56,5 k €	-14.5%	66,1 k €	+698%	-11,1 k €
Balance sheet
Equity	1,8 M €	-0.4%	1,8 M €	-1.6%	1,8 M €	+3.3%	1,7 M €	+3091%	54,2 k €
Total assets	2,5 M €	+5.0%	2,4 M €	-2.9%	2,4 M €	+22.1%	2 M €	+540%	312,6 k €
Cash	56,9 k €	+286%	14,7 k €	-73.9%	56,6 k €	-4.8%	59,5 k €	+320%	14,1 k €
Debts	736,7 k €	+20.4%	611,7 k €	-6.2%	652,5 k €	+144%	267,1 k €	+3.8%	257,4 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cédric Aerts	Directorsince 13/05/2026
Didier Aerts	Directorsince 13/05/2026
Michelle Aerts	Directorsince 01/01/2022
Marcel Aerts	Directorsince 28/12/2013Manager04/03/2013 → 2018 accountsended

Other companies at this address

Zeelaan 6 8660 De Panne

Company	CBE no.
ITISCO● Active	0797.631.592
ITISPA● Active	1037.481.514

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	13/07/2026	14/07/2025	31/07/2024	27/07/2023	01/07/2022	03/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	27/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	13/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	14/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	01/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	03/08/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	06/10/2020	Dutch	PDF
Abridged model	31/12/2018	14/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	08/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/05/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/05/2015	25/08/2015	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cédric Aerts	Directorsince 13/05/2026
Didier Aerts	Directorsince 13/05/2026
Michelle Aerts	Directorsince 01/01/2022
Marcel Aerts	Directorsince 28/12/2013Manager04/03/2013 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring08/09/2026
Splitsing
PDF
Restructuring17/06/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates26/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring27/04/2022
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/02/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/10/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Cédric Aerts

Didier Aerts

Michelle Aerts

Marcel Aerts

20132014201520162017201820192020202120222023202420252026

ITISAI

Zeelaan 6, 8660 De PanneLochtemanweg 44, 3580 Beringen

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zeelaan 6, 8660 De PanneCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00286066
Lochtemanweg 44, 3580 Beringen	accounts 2021 → 2022	Accounts 2022 · 2023-00279111

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ITISAICurrent	accounts 2014 → 2025	Accounts 2025 · 2026-00286066

Events

2025
Annual accounts 202512,9 k €↑
2024
Annual accounts 2024-28,9 k €↓
2023
Annual accounts 202356,5 k €↓
2022
Annual accounts 202266,1 k €↑
2021
Annual accounts 2021-11,1 k €↓
2018
Annual accounts 201820,2 k €↑
2017
Annual accounts 201710,1 k €↓
2016
Annual accounts 201613,1 k €↑
2015
Annual accounts 2015-6 k €↓
2014
Annual accounts 201411,2 k €
28/02/2013
IncorporationPrivate limited company

ITISAI

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events