ACTIVE

ITZU PROJECT SOURCING

Financial year 2025 · closed on 31/12/2025
Net result
75,6 k €
+127.9% YoY
Gross margin
1,1 M €
+110.9% YoY
Equity
-9,7 k €
+88.6% YoY
Workforce
14,0 ETP
+27.3% YoY

What does ITZU PROJECT SOURCING do?

ITZU PROJECT SOURCING is a Public limited company incorporated in 2006. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Antwerpen. It employs on average 14,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.390.372
Incorporation
19/10/2006
Legal form
Public limited company
Registered office
Mechelsesteenweg 27 box 6.1
2018 Antwerpen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
14,0 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212017201620152014201320122011201020092008
Income statement
Gross margin1,1 M €518,3 k €838,8 k €500,3 k €-27,4 k €126,2 k €121,7 k €130,6 k €161,7 k €176,3 k €137,3 k €143,2 k €97,4 k €61,4 k €43,4 k €
EBITDA108 k €-250,7 k €217,6 k €125,1 k €-27,5 k €9,6 k €10,9 k €-8 k €25 k €3,2 k €-21,2 k €26,1 k €26,2 k €5 k €-12,4 k €
Operating result108 k €-251,3 k €216,9 k €124,5 k €-27,6 k €1,1 k €9,1 k €-11,5 k €13,9 k €-4,3 k €-23,3 k €25,1 k €26,2 k €3,6 k €-12,4 k €
Net result75,6 k €-271,2 k €150,5 k €111,5 k €-27,8 k €668,3 €7,1 k €-13 k €11,1 k €-6,6 k €-25,7 k €23,8 k €24,9 k €2,1 k €-12,7 k €
Balance sheet
Equity-9,7 k €-85,3 k €185,9 k €90,4 k €-21,1 k €18,4 k €17,8 k €10,6 k €23,6 k €12,5 k €19,1 k €44,9 k €21,1 k €-3,8 k €-5,9 k €
Total assets488 k €407,1 k €375,5 k €343,2 k €19,6 k €108,1 k €190,8 k €163 k €112,2 k €103 k €72,5 k €104,3 k €69,6 k €55 k €33,7 k €
Cash50,3 k €67,3 k €199,2 k €23,6 k €5,6 k €25,1 k €95,6 k €89,4 k €25,5 k €17,1 k €19,8 k €43,7 k €30,6 k €2,3 k €
Debts496,1 k €489,3 k €189,5 k €252,8 k €40,7 k €89,7 k €173 k €150,4 k €87 k €88,4 k €53,3 k €58,2 k €47 k €55,2 k €39,1 k €
Other
Workforce14,0 ETP11,0 ETP9,7 ETP6,8 ETP2,3 ETP2,8 ETP3,0 ETP3,3 ETP3,3 ETP3,4 ETP2,6 ETP1,3 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 94 ended

Active mandates

ADDED VALUE SERVICES

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0476.337.405

Represented by Louis Kemps

Active
Certimvest

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0644.667.047

Represented by Luc Lormans

Active
HUMAN CAPITAL MANAGEMENT SERVICES

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0896.173.793

Represented by Koen Janssen

Active
JANSSEN MANAGEMENT SERVICES

Director · since 27 juin 2025 · until 17 juin 2031 · 0654.949.938

Represented by Tom Janssen

Active

Ended mandates

JANSSEN MANAGEMENT SERVICES

Director · since 17 juin 2025 · until 17 juin 2031 · 0654.949.938

Represented by Tom Janssen

Ended
JANSSEN MANAGEMENT SERVICES

Director · since 17 novembre 2021 · until 17 juin 2025 · 0654.949.938

Represented by Tom Janssen

Ended
Pocket Aces Consult

Director · since 17 novembre 2021 · until 10 février 2025 · 0762.773.851

Represented by Toby WAUTERS

Ended
Pocket Aces Consult

Director · since 17 novembre 2021 · until 17 juin 2025 · 0762.773.851

Represented by Toby WAUTERS

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date10/09/202630/09/202508/10/202431/08/202314/09/202220/08/2021
General meeting07/09/202605/09/202530/09/202420/06/202321/06/202224/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/09/202610/09/2026DutchPDF
Abridged model31/12/202405/09/202530/09/2025DutchPDF
Abridged model31/12/202330/09/202408/10/2024DutchPDF
Abridged model31/12/202220/06/202331/08/2023DutchPDF
Abridged model31/12/202121/06/202214/09/2022DutchPDF
Abridged model31/12/202024/06/202120/08/2021DutchPDF
Abridged model31/12/201925/06/202027/08/2020DutchPDF
Abridged model31/12/201827/06/201929/08/2019DutchPDF
Abridged model31/12/201727/06/201802/07/2018DutchPDF
Abridged model31/12/201620/06/201723/06/2017DutchPDF
Abridged model31/12/201529/06/201630/06/2016DutchPDF
Abridged model31/12/201430/06/201501/07/2015DutchPDF
Abridged model31/12/201317/06/201418/06/2014DutchPDF
Abridged model31/12/201219/06/201320/06/2013DutchPDF
Abridged model31/12/201113/06/201227/06/2012DutchPDF
Abridged model31/12/201021/06/201125/07/2011DutchPDF
Abridged model31/12/200915/06/201005/07/2010DutchPDF
Abridged model31/12/200825/06/200908/07/2009DutchPDF
Abridged model31/12/200717/06/200830/06/2008DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 94 ended

Active mandates

ADDED VALUE SERVICES

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0476.337.405

Represented by Louis Kemps

Active
Certimvest

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0644.667.047

Represented by Luc Lormans

Active
HUMAN CAPITAL MANAGEMENT SERVICES

Managing director · since 27 juin 2025 · until 17 juin 2031 · 0896.173.793

Represented by Koen Janssen

Active
JANSSEN MANAGEMENT SERVICES

Director · since 27 juin 2025 · until 17 juin 2031 · 0654.949.938

Represented by Tom Janssen

Active

Ended mandates

JANSSEN MANAGEMENT SERVICES

Director · since 17 juin 2025 · until 17 juin 2031 · 0654.949.938

Represented by Tom Janssen

Ended
JANSSEN MANAGEMENT SERVICES

Director · since 17 novembre 2021 · until 17 juin 2025 · 0654.949.938

Represented by Tom Janssen

Ended
Pocket Aces Consult

Director · since 17 novembre 2021 · until 10 février 2025 · 0762.773.851

Represented by Toby WAUTERS

Ended
Pocket Aces Consult

Director · since 17 novembre 2021 · until 17 juin 2025 · 0762.773.851

Represented by Toby WAUTERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/05/2026
    BENOEMING COMMISSARIS
    PDF
  • Mandates07/01/2026
    Herbenoeming (gedelegeerd) bestuurders - Volmacht
    PDF
  • Mandates11/04/2025
    Ontslag bestuurder - volmacht
    PDF
  • Mandates28/05/2024
    Ontslag bestuurder - volmacht
    PDF
  • Mandates29/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2019
    ONTSLAGEN - BENOEMINGEN
    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 202575,6 k €
  2. 2024
    Annual accounts 2024-271,2 k €
  3. 2023
    Annual accounts 2023150,5 k €
  4. 2022
    Annual accounts 2022111,5 k €
  5. 2021
    Annual accounts 2021-27,8 k €
  6. 2017
    Annual accounts 2017668,3 €
  7. 2016
    Annual accounts 20167,1 k €
  8. 2015
    Annual accounts 2015-13 k €
  9. 2014
    Annual accounts 201411,1 k €
  10. 2013
    Annual accounts 2013-6,6 k €
  11. 2012
    Annual accounts 2012-25,7 k €
  12. 2011
    Annual accounts 201123,8 k €
  13. 2010
    Annual accounts 201024,9 k €
  14. 2009
    Annual accounts 20092,1 k €
  15. 2008
    Annual accounts 2008-12,7 k €
  16. 19/10/2006
    IncorporationPublic limited company