INITEAM (Private limited company)
INITEAM is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0420.347.421. It was founded on 25-04-1980. Its registered office is in Izegem. Its main activity is: Wholesale trade. Its annual accounts for 2025 report equity of € 1 554 312 and a profit of € 427 264. These accounts report 30.6 full-time equivalents. Addrly gives it a financial health grade of A, on a scale from A (safest) to E (most at risk). It filed its annual accounts within the legal deadline for each of its last 4 financial years.
Information last updated on 07-10-2026.
Company information
Key figures of INITEAM
| 2025 | 2024 | 2023 | |
|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € 427 264+12 % | € 382 932-32 % | € 563 391 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 1 554 312+6 % | € 1 468 612+4 % | € 1 411 025 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 3 027 171+17 % | € 2 592 558-7 % | € 2 779 587 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € 3 178 517+18 % | € 2 695 537-10 % | € 2 984 119 |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | 30.6+12 % | 27.4-4 % | 28.4 |
Financial estimate
- 3 Shareholders
- 1 Board links
Similar companies
Other companies in the same activity in Izegem.
| Company | Town |
|---|---|
| I.C.T. TRUCK & TRAILER PARTS | 8870 Izegem |
| WINSOL | 8870 Izegem |
| METAALWAREN VANCANNEYT | 8870 Izegem |
| VANROBAEYS | 8870 Izegem |
| Omni-Term | 8870 Izegem |
| DIEDMAR | 8870 Izegem |
| Power Center | 8870 Izegem |
| DUX INTERNATIONAL | 8870 Izegem |
Frequently asked questions
Is INITEAM still active? Yes. The Crossroads Bank for Enterprises lists INITEAM as active.
What is the VAT number of INITEAM? The VAT number of INITEAM is BE 0420.347.421.
When was INITEAM founded? INITEAM was founded on 25-04-1980.
What is the address of INITEAM? The current registered office of INITEAM is Rijksweg 57, 8870 Izegem.
When did INITEAM last file annual accounts? The latest annual accounts of INITEAM were filed on 13-03-2026.
Does INITEAM file its annual accounts on time? Yes. INITEAM filed its annual accounts within the legal deadline for each of its last 4 financial years.
How many employees does INITEAM have? INITEAM employs 30.6 full-time equivalents according to its most recent annual accounts.
Is INITEAM financially healthy? Addrly gives INITEAM a financial health grade of A, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is INITEAM profitable? The annual accounts of INITEAM for 2025 show a profit of € 427 264.
What is the equity of INITEAM? The equity of INITEAM was € 1 554 312 at the close of the 2025 financial year.
Who are the directors of INITEAM? The annual accounts of INITEAM record 1 mandate. The name, role and dates are visible with a free account.
Can INITEAM receive Peppol e-invoices? Yes. INITEAM is registered on the Peppol network and can receive structured electronic invoices.
What does INITEAM do? The main activity of INITEAM is: Wholesale trade.