ACTIVE

ITSF

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Financial year 2025 · closed on 31/03/2025
Net result
22,6 k €
-0.2% YoY
Gross margin
53,4 k €
+17.6% YoY
Equity
112,1 k €
+10.5% YoY

What does ITSF do?

ITSF is a Private limited company incorporated in 2017. Its main activity is: Computer programming activities. Its registered office is in Heist-op-den-Berg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0674.882.349
Incorporation
27/04/2017
Legal form
Private limited company
Registered office
Gildestraat(WIE) 11
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin53,4 k €45,4 k €37,9 k €23,7 k €26,3 k €19,7 k €13,8 k €10,6 k €
EBITDA51 k €44 k €36,3 k €22 k €25 k €18 k €12,5 k €9,2 k €
Operating result32 k €32 k €32,4 k €18,6 k €21,8 k €15,8 k €11,1 k €8,7 k €
Net result22,6 k €22,7 k €22,7 k €12,5 k €14,8 k €10,6 k €6,9 k €5 k €
Balance sheet
Equity112,1 k €101,4 k €78,8 k €56,1 k €43,5 k €28,7 k €18,1 k €11,2 k €
Total assets142,4 k €115 k €96,6 k €65,9 k €51,9 k €36,2 k €23,7 k €17,7 k €
Cash54,8 k €296,4 €23,5 k €35,1 k €18,7 k €1,7 k €2,8 k €2 k €
Debts30,3 k €13,6 k €17,8 k €9,8 k €8,3 k €7,5 k €5,6 k €6,2 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 31/03/2025 · 1 active · 3 ended

Active mandates

Filip Schepers

Director · since 24 avril 2017

Active

Ended mandates

Filip Schepers

Manager · since 24 avril 2017

Ended
Filip Schepers

Director

Ended
Filip Schepers

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/10/202516/10/202425/10/202330/09/202224/09/202126/10/2020
General meeting12/09/202513/09/202408/09/202309/09/202210/09/202111/09/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202512/09/202508/10/2025DutchPDF
Micro model31/03/202413/09/202416/10/2024DutchPDF
Micro model31/03/202308/09/202325/10/2023DutchPDF
Micro model31/03/202209/09/202230/09/2022DutchPDF
Micro model31/03/202110/09/202124/09/2021DutchPDF
Micro model31/03/202011/09/202026/10/2020DutchPDF
Micro model31/03/201913/09/201916/09/2019DutchPDF
Micro model31/03/201814/09/201818/09/2018DutchPDF
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 31/03/2025 · 1 active · 3 ended

Active mandates

Filip Schepers

Director · since 24 avril 2017

Active

Ended mandates

Filip Schepers

Manager · since 24 avril 2017

Ended
Filip Schepers

Director

Ended
Filip Schepers

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/05/2017
    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

Timeline

  1. 2025
    Annual accounts 202522,6 k €↓
  2. 2024
    Annual accounts 202422,7 k €↓
  3. 2023
    Annual accounts 202322,7 k €↑
  4. 2022
    Annual accounts 202212,5 k €↓
  5. 2021
    Annual accounts 202114,8 k €↑
  6. 2020
    Annual accounts 202010,6 k €↑
  7. 2019
    Annual accounts 20196,9 k €↑
  8. 2018
    Annual accounts 20185 k €
  9. 27/04/2017
    IncorporationPrivate limited company