ACTIVE

ItalSystem

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
49,2 k €
+145.4% YoY
Gross margin
685,1 k €
+59.8% YoY
Equity
291,5 k €
+20.3% YoY

What does ItalSystem do?

ItalSystem is a Private limited company incorporated in 2018. Its main activity is: Joinery installation. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0700.293.082
Incorporation
20/07/2018
Legal form
Private limited company
Registered office
Rue du Wagon 22 box 11
1180 Uccle · BruxellesSee on map
Contributed capital
20 460,00 €
Latest accounts
31/12/2025
Activities (NACE)
43320Joinery installation· main43320Joinery installation43343Painting and glazing43343Painting and glazing
Joint committees (1)
  • 124
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin685,1 k €428,7 k €489,4 k €614 k €482,9 k €533,3 k €611,2 k €
EBITDA152,1 k €-44,6 k €134,7 k €267,2 k €116,2 k €145,8 k €72,7 k €
Operating result122,3 k €-74,7 k €103,2 k €239,5 k €108,1 k €141,9 k €70,7 k €
Net result49,2 k €-108,5 k €35 k €137 k €49,3 k €80 k €30,8 k €
Balance sheet
Equity291,5 k €242,3 k €350,8 k €315,8 k €178,8 k €129,5 k €49,4 k €
Total assets1,1 M €982 k €1,1 M €1,2 M €1,1 M €759,4 k €395,5 k €
Cash517,5 k €579,7 k €580,1 k €601 k €318,5 k €189,4 k €86,7 k €
Debts701,4 k €598,2 k €659,5 k €777,6 k €819,1 k €465,6 k €300,3 k €
Other
Workforce–5,5 ETP4,0 ETP4,0 ETP4,8 ETP6,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

FRANCESCA FIORINI

Director

Active
At this address

Other companies at this address

CompanyCBE no.
AJE Consulting● Active
0536.527.190
CAT WORLD● Active
1015.792.116
CBM BELGIUM● Active
0730.893.713
COZUMEL● Active
0865.612.360
FOCUS IMMOBILIER I● Active
0888.481.101
FOCUS Société d' investissement● Active
0883.035.342
Mowgly Groupe● Active
0805.366.452
Percall Belgium● Active
0803.887.203
PHRD Services● Active
0695.771.793
Spetra● Active
0846.520.780
S. Technologies● Active
1001.471.847
TRANSFUSE● Active
0444.899.606
Twenty June● Active
0770.355.885
VEJA BELGIUM● Active
0426.564.824
VEROLANA● Active
0877.705.389
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202617/07/202509/07/202429/06/202304/08/202223/08/2021
General meeting22/07/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/07/202629/07/2026FrenchPDF
Abridged model31/12/202420/06/202517/07/2025FrenchPDF
Abridged model31/12/202321/06/202409/07/2024FrenchPDF
Abridged model31/12/202216/06/202329/06/2023FrenchPDF
Abridged model31/12/202117/06/202204/08/2022FrenchPDF
Abridged model31/12/202018/06/202123/08/2021FrenchPDF
Micro model31/12/201919/06/202016/11/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

Active mandates

FRANCESCA FIORINI

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/04/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/07/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202549,2 k €↑
  2. 2024
    Annual accounts 2024-108,5 k €↓
  3. 2023
    Annual accounts 202335 k €↓
  4. 2022
    Annual accounts 2022137 k €↑
  5. 2021
    Annual accounts 202149,3 k €↓
  6. 2020
    Annual accounts 202080 k €↑
  7. 2019
    Annual accounts 201930,8 k €
  8. 20/07/2018
    IncorporationPrivate limited company