About Principal It
Principal It is a private limited company (BV/SRL) based in Brecht, founded in 2016. Its main activity is classified as "Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten". For the 2025 financial year, Principal It reported a profit of €31,944. That makes 9 profitable financial years in a row for Principal It. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €60,554, down 9.3% on 2024. Equity stands at €259,033, a solvency ratio of 95%. In 2017 it was €55,330. 9 annual accounts are available, covering 2017 to 2025.
- Sectors
- IT companies
- Activities
- Signals
-
ProfitableProfitable € 32K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 259KStrong equity provides a buffer against setbacks.
Low riskLow risk 94.5%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 15.18A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 47KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 60KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
61K
|
€
67K
|
€
40K
|
€
36K
|
|
|
€
60K
|
€
66K
|
€
40K
|
€
35K
|
|
|
€
32K
|
€
37K
|
€
25K
|
€
22K
|
|
|
€
259K
|
€
227K
|
€
190K
|
€
185K
|
|
|
94.5%
|
92.3%
|
92.89%
|
94.53%
|
|
|
€
15K
|
€
19K
|
€
15K
|
€
11K
|
|
|
€
214K
|
€
167K
|
€
187K
|
€
175K
|
Frequently asked questions
Answers to the most common questions about Principal It, based on official government data and the filed annual accounts.
What is the VAT number of Principal It?
The VAT number of Principal It is BE0656.816.791.
When was Principal It established?
Principal It was founded in 21-06-2016.
What is the official address of Principal It?
The official address of Principal It is Hensel Laan D 11 Brecht 2960.
What is the legal form of Principal It?
The juridical form of Principal It is Private limited company (BV/SRL).
What is the annual revenue of Principal It?
The 2025 accounts of Principal It do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Principal It a reliable company?
Principal It is a registered Rechtspersoon with company number 0656.816.791 and can be verified through the official CBE database.
What is the credit limit of Principal It?
The estimated credit limit of Principal It is €71,122.
Is Principal It still active?
Principal It currently has the status "Normal situation" and is active.