ACTIVE

HITALTECH

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-28,9 k €

-180.0% YoY

Gross margin

167,3 k €

-30.0% YoY

Equity

750 k €

-3.7% YoY

Workforce

4,1 ETP

-18.0% YoY

What does HITALTECH do?

HITALTECH is a Public limited company incorporated in 1986. Its registered office is in Auderghem. It employs on average 4,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.666.952

Incorporation

18/03/1986

Legal form

Public limited company

Registered office

Chaussée de Tervueren 113A
1160 Auderghem · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

4,1 ETP

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	167,3 k €	-30.0%	239,1 k €	-6.2%	254,9 k €	-18.5%	312,7 k €	+13.0%	276,8 k €	+31.3%	210,8 k €	-16.5%	252,5 k €	-10.8%	283,2 k €	-0.1%	283,4 k €	-22.8%	367,2 k €	+27.5%	288,1 k €	+62.1%	177,7 k €	+4.3%	170,5 k €	-23.3%	222,1 k €	-38.8%	362,7 k €	+20.6%	300,9 k €	+19.1%	252,6 k €	+6.3%	237,6 k €	-30.4%	341,5 k €	-26.0%	461,7 k €
EBITDA	-107 k €	-32.2%	-80,9 k €	-15.5%	-70 k €	-201%	69,1 k €	-6.5%	74 k €	+191%	25,4 k €	+117%	11,7 k €	-1.5%	11,9 k €	-68.2%	37,5 k €	-73.6%	142,3 k €	+75.4%	81,1 k €	+1152%	-7,7 k €	+59.7%	-19,1 k €	-136%	52,5 k €	-59.3%	128,9 k €	+39.6%	92,3 k €	+46.1%	63,2 k €	+140%	26,3 k €	-72.8%	96,7 k €	-47.7%	184,8 k €
Operating result	-139,3 k €	-15.9%	-120,2 k €	-16.6%	-103,1 k €	-345%	42 k €	+34.9%	31,2 k €	+392%	-10,7 k €	+63.0%	-28,9 k €	-5.3%	-27,5 k €	-371%	-5,8 k €	-106%	99,6 k €	+97.6%	50,4 k €	+205%	-47,8 k €	+0.0%	-47,8 k €	-271%	27,9 k €	-73.5%	105,1 k €	+60.9%	65,3 k €	+323%	15,4 k €	+189%	-17,4 k €	-140%	43,8 k €	-64.8%	124,4 k €
Net result	-28,9 k €	-180%	-10,3 k €	-338%	4,3 k €	-96.6%	126,2 k €	+39.3%	90,5 k €	+67.1%	54,2 k €	-26.6%	73,8 k €	+15.6%	63,8 k €	-12.2%	72,6 k €	-46.6%	135,9 k €	+14.9%	118,3 k €	-33.2%	177,1 k €	+229%	53,8 k €	-56.0%	122,4 k €	-2.4%	125,4 k €	+107%	60,5 k €	+150%	24,2 k €	+800%	-3,4 k €	-107%	50,3 k €	-34.8%	77,2 k €
Balance sheet
Equity	750 k €	-3.7%	778,8 k €	-1.3%	789,1 k €	+0.6%	784,8 k €	+10.7%	708,6 k €	-1.3%	718,1 k €	+8.2%	663,9 k €	+12.5%	590,1 k €	+12.1%	526,3 k €	+16.0%	453,7 k €	+42.8%	317,8 k €	-17.3%	384,5 k €	+0.6%	382,3 k €	-24.1%	503,5 k €	+32.1%	381,2 k €	+17.0%	325,8 k €	+2.0%	319,5 k €	+8.2%	295,3 k €	-1.2%	298,8 k €	+20.3%	248,4 k €
Total assets	1 M €	-1.0%	1,1 M €	-1.2%	1,1 M €	-1.6%	1,1 M €	-5.5%	1,1 M €	+15.2%	993,4 k €	+10.8%	896,8 k €	-7.8%	972,3 k €	+10.9%	876,7 k €	-2.0%	894,3 k €	+5.8%	845,2 k €	+0.9%	837,8 k €	-9.3%	924 k €	-0.1%	924,7 k €	+1.4%	911,6 k €	-7.9%	990,3 k €	+5.1%	942 k €	+14.2%	824,6 k €	-6.3%	880,4 k €	-16.5%	1,1 M €
Cash	299,9 k €	+10.4%	271,7 k €	-5.7%	288,2 k €	-26.2%	390,5 k €	-8.3%	426 k €	+286%	110,4 k €	-23.7%	144,7 k €	-14.7%	169,7 k €	+31.2%	129,4 k €	-36.1%	202,4 k €	-5.2%	213,4 k €	+48.1%	144,1 k €	+0.3%	143,7 k €	+25.5%	114,5 k €	+37.7%	83,2 k €	-24.3%	109,9 k €	-24.9%	146,3 k €	+491%	24,7 k €	-40.3%	41,5 k €	-17.6%	50,3 k €
Debts	291,2 k €	+6.6%	273,1 k €	-0.9%	275,7 k €	-7.2%	297 k €	-31.8%	435,7 k €	+58.3%	275,3 k €	+18.2%	232,9 k €	-39.1%	382,1 k €	+9.1%	350,4 k €	-20.5%	440,6 k €	-16.5%	527,4 k €	+16.3%	453,3 k €	-16.3%	541,5 k €	+28.6%	421 k €	-20.6%	530,4 k €	-20.0%	663,2 k €	+6.8%	621,1 k €	+17.4%	529,2 k €	-9.0%	581,6 k €	-27.6%	802,9 k €
Other
Workforce	4,1 ETP	-18.0%	5,0 ETP	-5.7%	5,3 ETP	+26.2%	4,2 ETP	+20.0%	3,5 ETP	+9.4%	3,2 ETP	-22.0%	4,1 ETP	-12.8%	4,7 ETP	+4.4%	4,5 ETP	+4.7%	4,3 ETP	+7.5%	4,0 ETP	-11.1%	4,5 ETP	+28.6%	3,5 ETP	0.0%	3,5 ETP	-18.6%	4,3 ETP	-4.4%	4,5 ETP	+4.7%	4,3 ETP	-14.0%	5,0 ETP	-3.8%	5,2 ETP	+4.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Fabrizio Massimo

Managing director · since 29 janvier 2024 · until 29 janvier 2030

Active

Véronique Mihail

Director · since 29 janvier 2024 · until 29 janvier 2030

Active

Ended mandates

Véronique Mihail

Director · since 22 janvier 2018 · until 21 janvier 2024

Ended

Véronique Milhail

Director · since 22 janvier 2018

Ended

Fabienne MASSIMO

Director · since 26 avril 2010 · until 25 avril 2016

Ended

Fabrizio Massimo

Managing director · since 26 avril 2010 · until 25 avril 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	29/05/2025	27/05/2024	30/05/2023	30/05/2022	14/06/2021
General meeting	11/05/2026	28/04/2025	22/04/2024	24/04/2023	25/04/2022	24/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/05/2026	01/06/2026	French	PDF
Abridged model	31/12/2024	28/04/2025	29/05/2025	French	PDF
Abridged model	31/12/2023	22/04/2024	27/05/2024	French	PDF
Abridged model	31/12/2022	24/04/2023	30/05/2023	French	PDF
Abridged model	31/12/2021	25/04/2022	30/05/2022	French	PDF
Abridged model	31/12/2020	24/05/2021	14/06/2021	French	PDF
Abridged model	31/12/2019	27/04/2020	15/06/2020	French	PDF
Abridged model	31/12/2018	23/04/2019	22/05/2019	French	PDF
Abridged model	31/12/2017	23/04/2018	16/05/2018	French	PDF
Abridged model	31/12/2016	24/04/2017	19/05/2017	French	PDF
Abridged model	31/12/2015	25/04/2016	26/05/2016	French	PDF
Abridged model	31/12/2014	27/04/2015	21/05/2015	French	PDF
Abridged model	31/12/2013	28/04/2014	02/06/2014	French	PDF
Abridged model	31/12/2012	22/04/2013	28/05/2013	French	PDF
Abridged model	31/12/2011	23/04/2012	22/05/2012	French	PDF
Abridged model	31/12/2010	26/04/2011	17/05/2011	French	PDF
Abridged model	31/12/2009	26/04/2010	25/05/2010	French	PDF
Abridged model	31/12/2008	27/04/2009	09/06/2009	French	PDF
Abridged model	31/12/2007	28/04/2008	06/05/2008	French	PDF
Abridged model	31/12/2006	23/04/2007	14/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 13 ended

Active mandates

Fabrizio Massimo

Managing director · since 29 janvier 2024 · until 29 janvier 2030

Active

Véronique Mihail

Director · since 29 janvier 2024 · until 29 janvier 2030

Active

Ended mandates

Véronique Mihail

Director · since 22 janvier 2018 · until 21 janvier 2024

Ended

Véronique Milhail

Director · since 22 janvier 2018

Ended

Fabienne MASSIMO

Director · since 26 avril 2010 · until 25 avril 2016

Ended

Fabrizio Massimo

Managing director · since 26 avril 2010 · until 25 avril 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates15/06/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates08/06/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2004
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2004
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-28,9 k €↓
2024
Annual accounts 2024-10,3 k €↓
2023
Annual accounts 20234,3 k €↓
2022
Annual accounts 2022126,2 k €↑
2021
Annual accounts 202190,5 k €↑
2020
Annual accounts 202054,2 k €↓
2019
Annual accounts 201973,8 k €↑
2018
Annual accounts 201863,8 k €↓
2017
Annual accounts 201772,6 k €↓
2016
Annual accounts 2016135,9 k €↑
2015
Annual accounts 2015118,3 k €↓
2014
Annual accounts 2014177,1 k €↑
2013
Annual accounts 201353,8 k €↓
2012
Annual accounts 2012122,4 k €↓
2011
Annual accounts 2011125,4 k €↑
2010
Annual accounts 201060,5 k €↑
2009
Annual accounts 200924,2 k €↑
2008
Annual accounts 2008-3,4 k €↓
2007
Annual accounts 200750,3 k €↓
2006
Annual accounts 200677,2 k €
18/03/1986
IncorporationPublic limited company

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

HITALTECH

Overview

What does HITALTECH do?

Trend over 20 financial years

Indicative valuation

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