ACTIVE

ITEL

Financial year 2025 · closed on 30/09/2025
Net result
-16,2 k €
-637.9% YoY
Gross margin
-15,7 k €
-275.6% YoY
Equity
-2,5 k €
-110.5% YoY

What does ITEL do?

ITEL is a Private company with limited liability incorporated in 2008. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0806.930.825
Incorporation
08/10/2008
Legal form
Private company with limited liability
Registered office
Rue de Jérusalem 91
1030 Schaerbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin-15,7 k €8,9 k €11,5 k €26,5 k €-2,9 k €-20,7 k €9,7 k €4,4 k €14,4 k €6,7 k €4,3 k €17 k €22,4 k €24,5 k €2 k €28,7 k €
EBITDA-15,7 k €8,6 k €8,1 k €26,2 k €-4,3 k €-22,6 k €7,8 k €2,8 k €13,2 k €5,3 k €2,6 k €15,3 k €19,7 k €23,6 k €1,3 k €27,7 k €
Operating result-15,7 k €8,4 k €8,1 k €26,2 k €-4,3 k €-22,6 k €7,8 k €2 k €12,4 k €4,6 k €2,6 k €-6,1 k €-1,7 k €11,1 k €-482 €22,7 k €
Net result-16,2 k €-2,2 k €7,3 k €23,9 k €-6,4 k €-26,1 k €9,8 k €-6,1 k €9,5 k €3,3 k €-5,3 k €-11,7 k €-10,2 k €4,1 k €-1,4 k €16,6 k €
Balance sheet
Equity-2,5 k €23,7 k €25,9 k €18,6 k €-5,3 k €1,1 k €27,3 k €17,5 k €23,6 k €14,1 k €10,7 k €16 k €27,8 k €37,9 k €33,8 k €35,2 k €
Total assets21,3 k €45,4 k €52,3 k €56,6 k €60,8 k €58,2 k €51,5 k €61,7 k €55,1 k €33,7 k €27,2 k €28,4 k €45,8 k €65,7 k €49,3 k €64,7 k €
Cash18,2 k €3 k €3 k €0 €1,9 k €2,4 k €1,5 k €1,4 k €1,5 k €4,4 k €7,5 k €3,2 k €1,7 k €3,3 k €2,7 k €
Debts23,7 k €21,8 k €26,4 k €38 k €66,1 k €57,1 k €24,2 k €44,2 k €31,6 k €19,6 k €16,5 k €12,4 k €18 k €27,8 k €15,5 k €29,5 k €
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active

Active mandates

Cavit Altindag

Director

Active
At this address

Other companies at this address

CompanyCBE no.
BESARDIActive
1009.583.126
Annual accounts

Full financial information

202520232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/09/202530/09/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/04/202626/04/202402/05/202307/09/202214/01/202230/04/2020
General meeting17/03/202619/03/202421/03/202316/03/202216/03/202119/03/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202517/03/202609/04/2026FrenchPDF
Micro model30/09/202319/03/202426/04/2024FrenchPDF
Micro model30/09/202221/03/202302/05/2023FrenchPDF
Micro model30/09/202116/03/202207/09/2022FrenchPDF
Abridged model30/09/202016/03/202114/01/2022FrenchPDF
Abridged model30/09/201919/03/202030/04/2020FrenchPDF
Abridged model30/09/201819/03/201928/06/2019FrenchPDF
Abridged model30/09/201719/06/201827/08/2018FrenchPDF
Abridged model30/09/201621/03/201722/05/2017FrenchPDF
Abridged model30/09/201515/03/201631/03/2016FrenchPDF
Abridged model30/09/201417/03/201506/05/2015FrenchPDF
Abridged model30/09/201319/03/201405/12/2014FrenchPDF
Abridged model30/09/201219/03/201329/11/2013FrenchPDF
Abridged model30/09/201119/03/201225/07/2013FrenchPDF
Abridged model30/09/201019/03/201129/04/2011FrenchPDF
Abridged model30/09/200918/03/201007/05/2010FrenchPDF
Estimate

Indicative valuation

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 30/09/2025 · 1 active

Active mandates

Cavit Altindag

Director

Active
Shareholders

Ownership and network

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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 2025-16,2 k €
  2. 2023
    Annual accounts 2023-2,2 k €
  3. 2022
    Annual accounts 20227,3 k €
  4. 2021
    Annual accounts 202123,9 k €
  5. 2020
    Annual accounts 2020-6,4 k €
  6. 2019
    Annual accounts 2019-26,1 k €
  7. 2018
    Annual accounts 20189,8 k €
  8. 2017
    Annual accounts 2017-6,1 k €
  9. 2016
    Annual accounts 20169,5 k €
  10. 2015
    Annual accounts 20153,3 k €
  11. 2014
    Annual accounts 2014-5,3 k €
  12. 2013
    Annual accounts 2013-11,7 k €
  13. 2012
    Annual accounts 2012-10,2 k €
  14. 2011
    Annual accounts 20114,1 k €
  15. 2010
    Annual accounts 2010-1,4 k €
  16. 2009
    Annual accounts 200916,6 k €
  17. 08/10/2008
    IncorporationPrivate company with limited liability