ACTIVE

ITSOH

Financial year 2025 · closed on 31/12/2025
Net result
14,4 k €
-46.9% YoY
Gross margin
78,4 k €
+3.7% YoY
Equity
227,6 k €
+6.8% YoY

What does ITSOH do?

ITSOH is a Private company with limited liability incorporated in 2010. Its registered office is in Molenbeek-Saint-Jean.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0825.082.691
Incorporation
16/04/2010
Legal form
Private company with limited liability
Registered office
Boulevard Edmond Machtens 75 box 7
1080 Molenbeek-Saint-Jean · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202220212020201920182017201620152014201320122011
Income statement
Gross margin78,4 k €75,6 k €85,4 k €53,3 k €61,3 k €26,5 k €-2,3 k €-54,2 k €48,9 k €23,2 k €3,7 k €53,2 k €21,7 k €46 k €
EBITDA55,9 k €68,4 k €84 k €46,6 k €60,1 k €25,1 k €-2,3 k €-57,5 k €46,6 k €21,8 k €3,2 k €52,6 k €21,2 k €45 k €
Operating result51,8 k €64,8 k €79 k €40,8 k €55,8 k €20,8 k €-2,3 k €-58,8 k €45,8 k €20,2 k €1,5 k €51,1 k €17,7 k €39,9 k €
Net result14,4 k €27,1 k €78,4 k €40,7 k €49,8 k €12,9 k €-2,3 k €-65,2 k €15,6 k €5,4 k €-2 k €30,3 k €14 k €29,5 k €
Balance sheet
Equity227,6 k €213,2 k €160,4 k €92 k €61,6 k €11,7 k €-12,8 k €-10,4 k €54,7 k €39,1 k €33,7 k €35,8 k €35,4 k €36,5 k €
Total assets300,1 k €216,2 k €166,9 k €121,7 k €92 k €49,5 k €2,8 k €15,3 k €64,2 k €66,8 k €65,5 k €87,2 k €63,8 k €64,9 k €
Cash36,1 k €36,8 k €91,6 k €79,2 k €60,7 k €13,7 k €12,6 k €21,6 k €14,7 k €42,6 k €50,6 k €36,9 k €40,9 k €
Debts57,3 k €3 k €6,4 k €29,6 k €30,5 k €37,7 k €15,5 k €25,8 k €9,5 k €27,7 k €31,8 k €51,4 k €28,4 k €28,5 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 31/12/2025 · 1 active · 1 ended

Active mandates

Heddi Soltani

Director

Active

Ended mandates

HEDDI SOLTANI

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
0850.240.137
AERODECAPNETActive
0794.346.955
0435.524.159
Annual accounts

Full financial information

202520242022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202531/12/202431/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202614/10/202520/12/202328/09/202230/09/202106/10/2020
General meeting18/05/202619/05/202522/05/202323/05/202217/05/202118/05/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/05/202627/08/2026FrenchPDF
Micro model31/12/202419/05/202514/10/2025FrenchPDF
Micro model31/12/202222/05/202320/12/2023FrenchPDF
Micro model31/12/202123/05/202228/09/2022FrenchPDF
Micro model31/12/202017/05/202130/09/2021FrenchPDF
Micro model31/12/201918/05/202006/10/2020FrenchPDF
Micro model31/12/201820/05/201914/10/2019FrenchPDF
Micro model31/12/201721/05/201814/10/2019FrenchPDF
Micro model31/12/201631/05/201705/06/2017FrenchPDF
Abridged model31/12/201530/05/201604/07/2016FrenchPDF
Abridged model31/12/201422/04/201508/06/2015FrenchPDF
Abridged model31/12/201330/06/201425/07/2014FrenchPDF
Abridged model31/12/201220/06/201326/07/2013FrenchPDF
Abridged model31/12/201108/06/201204/09/2012FrenchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Heddi Soltani

Director

Active

Ended mandates

HEDDI SOLTANI

Mandate

Ended
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 202514,4 k €
  2. 2024
    Annual accounts 202427,1 k €
  3. 2022
    Annual accounts 202278,4 k €
  4. 2021
    Annual accounts 202140,7 k €
  5. 2020
    Annual accounts 202049,8 k €
  6. 2019
    Annual accounts 201912,9 k €
  7. 2018
    Annual accounts 2018-2,3 k €
  8. 2017
    Annual accounts 2017-65,2 k €
  9. 2016
    Annual accounts 201615,6 k €
  10. 2015
    Annual accounts 20155,4 k €
  11. 2014
    Annual accounts 2014-2 k €
  12. 2013
    Annual accounts 201330,3 k €
  13. 2012
    Annual accounts 201214 k €
  14. 2011
    Annual accounts 201129,5 k €
  15. 16/04/2010
    IncorporationPrivate company with limited liability