NORMAL SITUATION

PITH

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Financial year 2024 · closed on 30/06/2024

Net result

123,3 k €

+56.2% YoY

Gross margin

899,8 k €

+7.6% YoY

Equity

1,1 M €

+9.3% YoY

Workforce

18,6 ETP

+42.0% YoY

Company — Normal situation.

What does PITH do?

PITH is a company registered in Belgium. It employs on average 18,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.930.643

Legal form

Public limited company

Contributed capital

62 500,00 €

Latest accounts

30/06/2024

Average workforce

18,6 ETP

Joint committees (4)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	899,8 k €	+7.6%	835,9 k €	+71.0%	488,9 k €	-35.7%	760,1 k €	+3.1%	737,2 k €	+2.3%	720,6 k €	-2.5%	738,8 k €	+13.5%	650,6 k €	+11.4%	584,3 k €	-12.5%	667,6 k €	+12.8%	591,8 k €	+16.2%	509,1 k €	+16.6%	436,6 k €	+13.5%	384,6 k €	-13.7%	445,7 k €
EBITDA	285 k €	+45.0%	196,6 k €	+394%	39,8 k €	-81.6%	216,4 k €	-0.6%	217,8 k €	-14.2%	253,8 k €	-32.5%	376 k €	+24.2%	302,8 k €	-1.5%	307,5 k €	-20.3%	386 k €	+6.7%	361,8 k €	+26.9%	285,1 k €	+17.2%	243,2 k €	+24.0%	196,1 k €	-16.5%	235 k €
Operating result	218,9 k €	+66.3%	131,7 k €	+12.3%	117,3 k €	-22.0%	150,3 k €	+2.1%	147,2 k €	-17.0%	177,4 k €	-41.8%	304,8 k €	+35.1%	225,6 k €	-3.4%	233,5 k €	-24.8%	310,7 k €	+15.6%	268,7 k €	+33.0%	202,1 k €	+19.2%	169,5 k €	+23.5%	137,3 k €	-22.2%	176,4 k €
Net result	123,3 k €	+56.2%	78,9 k €	+26.5%	62,4 k €	-31.7%	91,4 k €	+7.2%	85,2 k €	-13.5%	98,5 k €	-39.3%	162,2 k €	+1.3%	160,1 k €	+133%	68,7 k €	-68.0%	214,7 k €	+16.5%	184,3 k €	+55.4%	118,6 k €	+3.3%	114,8 k €	-7.2%	123,7 k €	-11.2%	139,3 k €
Balance sheet
Equity	1,1 M €	+9.3%	998,4 k €	+3.0%	969,5 k €	+8.1%	897,1 k €	+4.8%	855,8 k €	+3.0%	830,5 k €	+3.6%	802 k €	+11.4%	719,8 k €	+12.5%	639,7 k €	+10.5%	578,9 k €	+22.1%	474,2 k €	+18.6%	400 k €	+17.2%	341,4 k €	+7.8%	316,6 k €	+8.1%	292,9 k €
Total assets	1,6 M €	+0.3%	1,6 M €	-5.6%	1,7 M €	+18.5%	1,4 M €	+5.0%	1,3 M €	-9.6%	1,5 M €	+2.1%	1,5 M €	+20.2%	1,2 M €	+0.0%	1,2 M €	+3.1%	1,2 M €	+3.8%	1,1 M €	+11.1%	1 M €	+16.0%	877,2 k €	+5.4%	832,4 k €	-12.8%	954,4 k €
Cash	383,5 k €	+57.9%	242,9 k €	-11.7%	275 k €	+111%	130,1 k €	-18.6%	159,8 k €	+27.3%	125,5 k €	-44.8%	227,5 k €	+120%	103,6 k €	-58.9%	252,3 k €	+16.3%	217 k €	-18.4%	266 k €	-23.6%	348,3 k €	+52.4%	228,5 k €	-5.5%	241,7 k €	-18.1%	295,3 k €
Debts	487,8 k €	-14.7%	571,9 k €	-17.7%	695 k €	+84.2%	377,4 k €	+7.4%	351,5 k €	-32.4%	520 k €	+0.4%	517,7 k €	+45.6%	355,6 k €	-18.3%	435,4 k €	-5.3%	460 k €	-11.8%	521,9 k €	+5.9%	493 k €	+17.0%	421,3 k €	+2.6%	410,6 k €	-27.4%	565,4 k €
Other
Workforce	18,6 ETP	+42.0%	13,1 ETP	+39.4%	9,4 ETP	-33.3%	14,1 ETP	+10.2%	12,8 ETP	+6.7%	12,0 ETP	+11.1%	10,8 ETP	-4.4%	11,3 ETP	+31.4%	8,6 ETP	0.0%	8,6 ETP	+10.3%	7,8 ETP	+16.4%	6,7 ETP	+1.5%	6,6 ETP	+4.8%	6,3 ETP	-3.1%	6,5 ETP

Governance

Board of directors

Seen on filing of 30/06/2024 · 3 active · 19 ended

Active mandates

Pieter Vanhoutte

Director · since 31 décembre 2018 · until 31 décembre 2024

Active

Tine Vanhoutte

Director · since 31 décembre 2018 · until 31 décembre 2024

Active

TIPI

Director · since 31 décembre 2018 · until 31 décembre 2024 · 0895.139.556

Represented by Vanhoutte Peter

Active

Ended mandates

Peter Vanhoutte

Director · since 31 décembre 2018 · until 30 novembre 2022

Ended

Peter Vanhoutte

Managing director · since 31 décembre 2018 · until 30 novembre 2022

Ended

TIPI

Director · since 31 décembre 2018 · until 31 décembre 2024 · 0895.139.556

Represented by Vanhoutte Peter

Ended

Tine Vanhoutte

Director · since 01 juillet 2018 · until 30 juin 2024

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/12/2024	12/01/2024	31/01/2023	14/12/2021	29/01/2021	30/01/2020
General meeting	14/12/2024	09/12/2023	31/12/2022	11/12/2021	09/01/2021	04/01/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

39 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2024	14/12/2024	18/12/2024	Dutch	PDF
Abridged model	30/06/2023	09/12/2023	12/01/2024	Dutch	PDF
Abridged model	30/06/2022	31/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	11/12/2021	14/12/2021	Dutch	PDF
Abridged model	30/06/2020	09/01/2021	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	04/01/2020	30/01/2020	Dutch	PDF
Abridged model	30/06/2018	31/12/2018	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	09/12/2017	18/12/2017	Dutch	PDF
Abridged model	30/06/2016	10/12/2016	06/01/2017	Dutch	PDF
Abridged model	30/06/2015	12/12/2015	11/01/2016	Dutch	PDF
Abridged model	30/06/2014	13/12/2014	15/06/2015	Dutch	PDF
Abridged model	30/06/2013	27/01/2014	30/01/2014	Dutch	PDF
Abridged model	30/06/2012	08/12/2012	25/01/2013	Dutch	PDF
Abridged model	30/06/2011	10/12/2011	30/01/2012	Dutch	PDF
Abridged model	30/06/2010	11/12/2010	28/01/2011	Dutch	PDF
Abridged model	30/06/2009	12/12/2009	28/01/2010	Dutch	PDF
Abridged model	30/06/2008	13/12/2008	29/01/2009	Dutch	PDF
Abridged model	30/06/2007	28/01/2008	28/01/2008	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	09/01/2007	Dutch	PDF
Abridged model	30/06/2005	03/12/2005	16/01/2006	Dutch	PDF
Abridged model	30/06/2004	09/12/2004	18/01/2005	Dutch	PDF
Abridged model	30/06/2003	13/12/2003	26/01/2004	Dutch	PDF
Abridged model	30/06/2002	14/12/2002	29/01/2003	Dutch	PDF
Abridged model	30/06/2001	08/12/2001	24/01/2002	Dutch	PDF

View all 39 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2024 · 3 active · 19 ended

Active mandates

Pieter Vanhoutte

Director · since 31 décembre 2018 · until 31 décembre 2024

Active

Tine Vanhoutte

Director · since 31 décembre 2018 · until 31 décembre 2024

Active

TIPI

Director · since 31 décembre 2018 · until 31 décembre 2024 · 0895.139.556

Represented by Vanhoutte Peter

Active

Ended mandates

Peter Vanhoutte

Director · since 31 décembre 2018 · until 30 novembre 2022

Ended

Peter Vanhoutte

Managing director · since 31 décembre 2018 · until 30 novembre 2022

Ended

TIPI

Director · since 31 décembre 2018 · until 31 décembre 2024 · 0895.139.556

Represented by Vanhoutte Peter

Ended

Tine Vanhoutte

Director · since 01 juillet 2018 · until 30 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring28/02/2025
Fusie
PDF
Restructuring30/12/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates09/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2007
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/01/2007
MAATSCHAPPELIJKE ZETEL
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

2024
Annual accounts 2024123,3 k €↑
2023
Annual accounts 202378,9 k €↑
2022
Annual accounts 202262,4 k €↓
2018
Annual accounts 201891,4 k €↑
2017
Annual accounts 201785,2 k €↓
2016
Annual accounts 201698,5 k €↓
2015
Annual accounts 2015162,2 k €↑
2014
Annual accounts 2014160,1 k €↑
2013
Annual accounts 201368,7 k €↓
2012
Annual accounts 2012214,7 k €↑
2011
Annual accounts 2011184,3 k €↑
2010
Annual accounts 2010118,6 k €↑
2009
Annual accounts 2009114,8 k €↓
2008
Annual accounts 2008123,7 k €↓
2007
Annual accounts 2007139,3 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PITH

Overview

What does PITH do?

Trend over 15 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline