ACTIVE

iTeos Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result-93,5 M €-328,9 %over 1 year
Equity-5,1 M €-105,6 %over 1 year
Workforce77,5 ETP-39,5 %over 1 year

Identity

Source · BCE/KBO

iTeos Belgium is a Public limited company incorporated in 2011. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Charleroi. It employs on average 77,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.316.659
Incorporation
01/08/2011
Legal form
Public limited company
Registered office
Rue de Venise 21
6040 Charleroi · Wallonie
Contributed capital
46 315 668,85 €
Latest accounts
31/12/2025
Average workforce
77,5 ETP
Joint committees (2)
  • 102
  • 207
Signals
Healthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA-62,2 M €13,5 M €-4,8 M €198,1 M €267,8 M €
Operating result-96,2 M €-32,5 M €-33,5 M €177,6 M €255 M €
Net result-93,5 M €40,8 M €-15,1 M €190 M €258,8 M €
Balance sheet
Equity-5,1 M €91 M €464,8 M €483,8 M €296,4 M €
Total assets46,3 M €142,2 M €503,2 M €533,7 M €581,1 M €
Cash1,5 M €2,6 M €14,7 M €19,2 M €39,1 M €
Debts50,4 M €46,1 M €33,6 M €31,9 M €35,2 M €
Other
Workforce77,5 ETP128,1 ETP108,2 ETP83,1 ETP63,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 51 ended

Active mandates

Kevin Tang

Director · since 29 août 2025 · until 29 août 2031

Active
Michael Hearne

Director · since 29 août 2025 · until 29 août 2031

Active
Benoit Dethy

Director · since 07 décembre 2021 · until 29 août 2025

Active
Gilles Castaigne

Director · since 07 décembre 2021 · until 14 août 2025

Active
Philippe Brantegem

Managing director · since 07 décembre 2021 · until 06 mai 2027

Active

Ended mandates

Benoit Dethy

Director · since 07 décembre 2021 · until 06 mai 2027

Ended
Gilles Castaigne

Director · since 07 décembre 2021 · until 06 mai 2027

Ended
Grégory Driessens

Director · since 02 mars 2020 · until 07 décembre 2021

Ended
Grégory Driessens

Director · since 02 mars 2020 · until 07 mai 2026

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date14/09/202604/06/202530/05/202401/06/202303/06/202204/06/2021
General meeting10/09/202608/05/202502/05/202404/05/202305/05/202206/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/09/202614/09/2026FrenchPDF
Full model31/12/202408/05/202504/06/2025FrenchPDF
Full model31/12/202302/05/202430/05/2024FrenchPDF
Full model31/12/202204/05/202301/06/2023FrenchPDF
Full model31/12/202105/05/202203/06/2022FrenchPDF
Full model31/12/202006/05/202104/06/2021FrenchPDF
Full model31/12/201907/05/202007/06/2020FrenchPDF
Full model31/12/201802/05/201931/05/2019FrenchPDF
Full model31/12/201703/05/201801/06/2018FrenchPDF
Abridged model31/12/201604/05/201702/06/2017FrenchPDF
Abridged model31/12/201518/05/201610/06/2016FrenchPDF
Abridged model31/12/201407/05/201508/06/2015FrenchPDF
Abridged model31/12/201308/05/201416/06/2014FrenchPDF
Abridged model31/12/201202/05/201328/05/2013FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 51 ended

Active mandates

Kevin Tang

Director · since 29 août 2025 · until 29 août 2031

Active
Michael Hearne

Director · since 29 août 2025 · until 29 août 2031

Active
Benoit Dethy

Director · since 07 décembre 2021 · until 29 août 2025

Active
Gilles Castaigne

Director · since 07 décembre 2021 · until 14 août 2025

Active
Philippe Brantegem

Managing director · since 07 décembre 2021 · until 06 mai 2027

Active

Ended mandates

Benoit Dethy

Director · since 07 décembre 2021 · until 06 mai 2027

Ended
Gilles Castaigne

Director · since 07 décembre 2021 · until 06 mai 2027

Ended
Grégory Driessens

Director · since 02 mars 2020 · until 07 décembre 2021

Ended
Grégory Driessens

Director · since 02 mars 2020 · until 07 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/04/2026
    SIEGE SOCIAL
    PDF
  • Mandates24/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 26/04/2026
    nominationMichel Detheux — Chief Executive Officer
  2. 26/04/2026
    nominationMichael Hearne — Chief Financial Officer, Treasurer and Secretary
  3. 26/04/2026
    nominationRyan Cole — Chief Operating Officer
  4. 26/04/2026
    nominationStew Kroll — Chief Development Officer
  5. 26/04/2026
    nominationThomas Wei — Chief Business Officer
  6. 2025
    Annual accounts 2025-93,5 M €↓
  7. 29/08/2025
    nominationKevin Tang — administrateur
  8. 29/08/2025
    nominationMichael Haerne — administrateur
  9. 2024
    Annual accounts 202440,8 M €↑
  10. 25/11/2024
    nominationPatricia Chevron — Head Operational Trial Support (pouvoirs spécifiques)
  11. 03/05/2024
    nominationIne Nuyts — représentant du commissaire
  12. 2023
    Annual accounts 2023-15,1 M €↓
  13. 04/05/2023
    reconductionDeloitte Bedrijfsrevisoren/Reviseurs d'entreprises — commissaire
  14. 2022
    Annual accounts 2022190 M €↓
  15. 2021
    Annual accounts 2021258,8 M €↑
  16. 2020
    Annual accounts 2020-4,9 M €↑
  17. 2019
    Annual accounts 2019-11,6 M €↑
  18. 2019
    Name changeiTeos Belgium
  19. 2018
    Annual accounts 2018-14,8 M €↓
  20. 2017
    Annual accounts 2017-9,6 M €↓
  21. 2016
    Annual accounts 2016-214,3 k €↓
  22. 2015
    Annual accounts 201522,3 M €↑
  23. 2014
    Annual accounts 2014-1,4 M €↓
  24. 2013
    Annual accounts 2013-699,5 k €↓
  25. 2012
    Annual accounts 2012-209,4 k €
  26. 2012
    Name changeITEOS THERAPEUTICS
  27. 01/08/2011
    IncorporationPublic limited company