ACTIVE

ITALO

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Financial year 2025 · closed on 31/12/2025
Net result
11,8 k €
-49.3% YoY
Revenue
402 k €
+24.1% YoY
Equity
2,7 M €
+0.4% YoY
Workforce
0,8 ETP
-20.0% YoY

What does ITALO do?

ITALO is a Private limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk. It employs on average 0,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.399.287
Incorporation
19/12/2007
Legal form
Private limited company
Registered office
Edward Vermeulenstraat(Mar) 10
8510 Kortrijk · FlandreSee on map
Contributed capital
2 498 000,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Revenue402 k €324 k €222 k €222 k €288 k €–––––––––––
EBITDA77 k €87,3 k €20,4 k €39 k €95,2 k €47,3 k €37,4 k €27 k €63,6 k €10,2 k €9,8 k €-3,8 k €-2,9 k €-3,6 k €-1,2 k €-4,6 k €
Operating result57,8 k €68,1 k €20,4 k €38,3 k €86,5 k €26,3 k €19,7 k €17,3 k €44,4 k €1,1 k €9,8 k €-3,8 k €-2,9 k €-3,6 k €-1,2 k €-4,6 k €
Net result11,8 k €23,2 k €-22 k €10,3 k €64 k €9,1 k €5,6 k €-22,6 €180,7 k €-7,4 k €3,6 k €-9,7 k €-8,6 k €-5,7 k €-2,6 k €-4,9 k €
Balance sheet
Equity2,7 M €2,7 M €2,6 M €2,7 M €2,7 M €2,7 M €2,6 M €2,6 M €2,6 M €2,5 M €2,5 M €2,5 M €2,5 M €2,5 M €2,5 M €2,5 M €
Total assets4,2 M €4 M €4 M €4,1 M €4 M €3 M €3 M €3,1 M €3,1 M €2,9 M €2,8 M €2,8 M €2,8 M €2,8 M €2,5 M €2,5 M €
Cash40,1 k €13,6 k €29,3 k €5 k €18,7 k €93,4 k €72,5 k €111,8 k €104,9 k €22 k €18,8 k €562,2 €1,2 k €39,3 €2,5 k €3,1 k €
Debts1,5 M €1,3 M €1,3 M €1,5 M €1,3 M €313,5 k €395,2 k €355,8 k €456,6 k €430 k €328,7 k €300,9 k €292,7 k €283,7 k €30,2 k €27,3 k €
Other
Workforce0,8 ETP1,0 ETP1,0 ETP1,0 ETP0,8 ETP2,0 ETP2,0 ETP0,3 ETP0,3 ETP0,2 ETP––––––
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 · 2 active · 8 ended

Active mandates

ETOMA

Director · since 23 janvier 2023 · 0797.519.350

Represented by OSTYN THOMAS

Active
Yvan OSTYN

Director · since 19 décembre 2007

Active

Ended mandates

ETOMA

Director · since 23 janvier 2023 · 0797.519.350

Represented by OSTYN THOMAS

Ended
Thomas Ostyn

Director · since 01 octobre 2015

Ended
Thomas Ostyn

Manager · since 01 octobre 2015

Ended
Yvan Ostyn

Manager · since 19 décembre 2007

Ended
At this address

Other companies at this address

CompanyCBE no.
ETOMA● Active
0797.519.350
Annual accounts

Full financial information

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 date02/07/202601/07/202509/07/202411/07/202314/07/202228/06/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202602/07/2026DutchPDF
Full model31/12/202427/06/202501/07/2025DutchPDF
Full model31/12/202328/06/202409/07/2024DutchPDF
Full model31/12/202230/06/202311/07/2023DutchPDF
Full model31/12/202124/06/202214/07/2022DutchPDF
Full model31/12/202025/06/202128/06/2021DutchPDF
Full model31/12/201929/06/202016/07/2020DutchPDF
Abridged model31/12/201828/06/201919/07/2019DutchPDF
Abridged model31/12/201729/06/201807/08/2018DutchPDF
Abridged model31/12/201630/06/201727/09/2017DutchPDF
Abridged model31/12/201525/06/201631/08/2016DutchPDF
Abridged model31/12/201426/06/201531/08/2015DutchPDF
Abridged model31/12/201327/06/201427/08/2014DutchPDF
Abridged model31/12/201228/06/201322/07/2013DutchPDF
Abridged model31/12/201129/06/201211/07/2012DutchPDF
Abridged model31/12/201024/06/201128/07/2011DutchPDF
Abridged model31/12/200925/06/201030/06/2010DutchPDF
Abridged model31/12/200826/06/200902/07/2009DutchPDF
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 · 2 active · 8 ended

Active mandates

ETOMA

Director · since 23 janvier 2023 · 0797.519.350

Represented by OSTYN THOMAS

Active
Yvan OSTYN

Director · since 19 décembre 2007

Active

Ended mandates

ETOMA

Director · since 23 janvier 2023 · 0797.519.350

Represented by OSTYN THOMAS

Ended
Thomas Ostyn

Director · since 01 octobre 2015

Ended
Thomas Ostyn

Manager · since 01 octobre 2015

Ended
Yvan Ostyn

Manager · since 19 décembre 2007

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/04/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/04/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office06/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/01/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202511,8 k €↓
  2. 2024
    Annual accounts 202423,2 k €↑
  3. 2023
    Annual accounts 2023-22 k €↓
  4. 2022
    Annual accounts 202210,3 k €↓
  5. 2021
    Annual accounts 202164 k €↑
  6. 2018
    Annual accounts 20189,1 k €↑
  7. 2017
    Annual accounts 20175,6 k €↑
  8. 2016
    Annual accounts 2016-22,6 €↓
  9. 2015
    Annual accounts 2015180,7 k €↑
  10. 2014
    Annual accounts 2014-7,4 k €↓
  11. 2013
    Annual accounts 20133,6 k €↑
  12. 2012
    Annual accounts 2012-9,7 k €↓
  13. 2011
    Annual accounts 2011-8,6 k €↓
  14. 2010
    Annual accounts 2010-5,7 k €↓
  15. 2009
    Annual accounts 2009-2,6 k €↑
  16. 2008
    Annual accounts 2008-4,9 k €
  17. 19/12/2007
    IncorporationPrivate limited company