ACTIVE

ITC Co

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Financial year 2025 · Closed on 31/12/2025

Net result-5,3 M €-793,1 %over 1 year
Revenue69,2 M €-20,3 %over 1 year
Equity29,2 M €-15,3 %over 1 year
Workforce431,8 ETP-6,2 %over 1 year

Identity

Source · BCE/KBO

ITC Co is a Private limited company incorporated in 2021. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Tielt. It employs on average 431,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0777.929.607
Incorporation
01/12/2021
Legal form
Private limited company
Registered office
Kanegemstraat 15
8700 Tielt · FlandreSee on map
Contributed capital
21 004 713,36 €
Latest accounts
31/12/2025
Average workforce
431,8 ETP
Joint committees (2)
  • 120
  • 214
Signals
Solid equityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue69,2 M €86,9 M €94,3 M €138,7 M €
EBITDA1,1 M €5,6 M €711,5 k €7,3 M €
Operating result-3,1 M €2 M €-2,6 M €2,3 M €
Net result-5,3 M €-591,7 k €-5,2 M €-1,1 M €
Balance sheet
Equity29,2 M €34,5 M €35,1 M €40,3 M €
Total assets77,3 M €76,4 M €84,8 M €104,7 M €
Cash152,8 k €1,3 M €8,3 M €13,6 M €
Debts36 M €28,6 M €33,5 M €45 M €
Other
Workforce431,8 ETP460,5 ETP472,5 ETP499,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TWINNSON0817.958.834Represented by Diego Claeys
Directorsince 19/05/2026
EQIDNA0695.547.705Represented by James Neuling
Directorsince 06/12/2022
ANMIRU0627.665.719Represented by Andy Rogiest
Director01/07/2022 → 19/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emmanuel Rigaux
Director15/04/2022 → 30/06/2022
Cyrille Ragoucy
Managing director01/10/2021 → 29/02/2024

Full financial information

Source · NBB
2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/10/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months15 months
Filing date14/07/202608/07/202527/06/202422/06/2023
General meeting19/06/202620/06/202521/06/202416/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202614/07/2026DutchPDF
Full model31/12/202420/06/202508/07/2025DutchPDF
Full model31/12/202321/06/202427/06/2024DutchPDF
Full model31/12/202216/06/202322/06/2023DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TWINNSON0817.958.834Represented by Diego Claeys
Directorsince 19/05/2026
EQIDNA0695.547.705Represented by James Neuling
Directorsince 06/12/2022
ANMIRU0627.665.719Represented by Andy Rogiest
Director01/07/2022 → 19/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emmanuel Rigaux
Director15/04/2022 → 30/06/2022
Cyrille Ragoucy
Managing director01/10/2021 → 29/02/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring20/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring16/12/2021
    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
Filings4 filings
Mandates
TWINNSON
EQIDNA
ANMIRU
Emmanuel Rigaux
Cyrille Ragoucy
202120222023202420252026
ITC Co
Kanegemstraat 15, 8700 Tielt
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kanegemstraat 15, 8700 TieltCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00301812

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ITC CoCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00301812

Events

  1. 19/05/2026
    nominationTWINNSON · bijkomend bestuurder
  2. 19/05/2026
    apport
  3. 2025
    Annual accounts 2025-5,3 M €↓
  4. 20/06/2025
    reconductionPWC Bedrijfsrevisoren BCVBA · commissaris
  5. 2024
    Annual accounts 2024-591,7 k €↑
  6. 01/03/2024
    nominationNEULING Andrew James · vaste vertegenwoordiger
  7. 2023
    Annual accounts 2023-5,2 M €↓
  8. 2022
    Annual accounts 2022-1,1 M €
  9. 06/12/2022
    nominationEQIDNA BV · bestuurder
  10. 01/07/2022
    nominationANMIRU BV · bestuurder
  11. 15/04/2022
    nominationEmmanuel Rigaux · bestuurder
  12. 31/03/2022
    apport
  13. 01/12/2021
    nominationPeter Opsomer · commissaris
  14. 01/12/2021
    IncorporationPrivate limited company