ACTIVE

GITRAX

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Financial year 2025 · closed on 31/12/2025

Net result

210,7 k €

-13.3% YoY

Gross margin

456,8 k €

-4.4% YoY

Equity

1,1 M €

+9.0% YoY

Workforce

1,0 ETP

0.0% YoY

What does GITRAX do?

GITRAX is a Private limited company incorporated in 1994. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Kasterlee. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.482.729

Incorporation

11/04/1994

Legal form

Private limited company

Registered office

Zwepenstraat 2
2460 Kasterlee · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

45205Maintenance and repair of motor vehicles· main 45310Wholesale trade of motor vehicle parts and accessories 46720Wholesale of metals and metal ores 95315Repair of computers and personal and household goods 45201Maintenance and repair of motor vehicles 45205Maintenance and repair of motor vehicles+5

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ 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	456,8 k €	-4.4%	478,0 k €	+29.2%	369,9 k €	+27.8%	289,5 k €	-13.0%	332,8 k €	+33.4%	249,5 k €	+19.4%	208,9 k €	+77.4%	117,8 k €	+69.2%	69,6 k €	+9.7%	63,4 k €	+128%	27,8 k €	-31.7%	40,7 k €	+96.5%	20,7 k €	+18.2%	17,5 k €	-27.4%	24,2 k €	-46.2%	44,9 k €	-13.7%	52,1 k €	+678%	-9,0 k €	-107%	131,5 k €	-15.2%	155,0 k €
EBITDA	397,9 k €	-7.3%	429,4 k €	+31.4%	326,7 k €	+30.3%	250,8 k €	-14.5%	293,4 k €	+37.8%	212,9 k €	+25.2%	170,0 k €	+86.8%	91,0 k €	+40.5%	64,8 k €	+6.4%	60,9 k €	+133%	26,2 k €	-34.9%	40,2 k €	+99.3%	20,2 k €	+23.0%	16,4 k €	-24.0%	21,6 k €	-45.8%	39,8 k €	+116%	18,5 k €	+120%	-94,4 k €	-405%	31,0 k €	-49.7%	61,6 k €
Operating result	320,1 k €	-12.0%	363,7 k €	+34.5%	270,5 k €	+34.6%	200,9 k €	-19.0%	248,2 k €	+46.4%	169,6 k €	+35.8%	124,8 k €	+136%	52,9 k €	+91.9%	27,6 k €	-33.6%	41,5 k €	+128%	18,2 k €	-46.6%	34,1 k €	+137%	14,4 k €	+28.0%	11,2 k €	-32.1%	16,5 k €	-47.3%	31,4 k €	+227%	9,6 k €	+109%	-102,6 k €	-726%	16,4 k €	-61.6%	42,7 k €
Net result	210,7 k €	-13.3%	243,2 k €	+35.8%	179,1 k €	+32.2%	135,5 k €	-20.5%	170,5 k €	+44.3%	118,1 k €	+41.2%	83,6 k €	+145%	34,1 k €	+134%	14,6 k €	-46.4%	27,3 k €	+122%	12,3 k €	-55.3%	27,5 k €	+428%	5,2 k €	+57.2%	3,3 k €	-63.6%	9,1 k €	-61.6%	23,7 k €	+114%	11,1 k €	+111%	-100,0 k €	-1462%	7,3 k €	-75.6%	30,0 k €
Balance sheet
Equity	1,1 M €	+9.0%	1,0 M €	+18.3%	871,1 k €	+25.9%	692,0 k €	+24.3%	556,5 k €	+44.2%	386,1 k €	+44.1%	268,0 k €	+45.4%	184,3 k €	+22.7%	150,2 k €	+10.8%	135,6 k €	+25.1%	108,4 k €	+12.8%	96,1 k €	+40.1%	68,6 k €	+8.2%	63,4 k €	+5.5%	60,0 k €	+17.9%	50,9 k €	+87.2%	27,2 k €	+68.7%	16,1 k €	-86.1%	116,1 k €	+6.7%	108,8 k €
Total assets	1,8 M €	+20.2%	1,5 M €	+10.7%	1,4 M €	+10.0%	1,3 M €	+10.6%	1,1 M €	+8.8%	1,0 M €	+15.9%	903,1 k €	+10.9%	814,1 k €	-2.1%	831,2 k €	+195%	281,4 k €	+18.2%	238,0 k €	-0.9%	240,2 k €	-0.2%	240,5 k €	-11.4%	271,4 k €	+3.9%	261,3 k €	+9.3%	239,0 k €	+2.0%	234,3 k €	-3.6%	242,9 k €	-10.7%	272,0 k €	+15.3%	235,9 k €
Cash	509,8 k €	+29.9%	392,6 k €	+35.6%	289,6 k €	+46.0%	198,3 k €	+17.6%	168,7 k €	+1.0%	167,0 k €	+244%	48,6 k €	+1306%	3,5 k €	-45.4%	6,3 k €	+224%	2,0 k €	+121%	887,0 €	+40.8%	630,0 €	+232%	190,0 €	-75.7%	782,0 €	+88.9%	414,0 €	-50.2%	832,0 €	-84.6%	5,4 k €	-74.2%	21,0 k €	+1763%	1,1 k €	-27.8%	1,6 k €
Debts	720,6 k €	+43.2%	503,1 k €	-2.2%	514,7 k €	-9.4%	568,1 k €	-2.5%	583,0 k €	-11.8%	661,0 k €	+4.1%	635,1 k €	+0.8%	629,8 k €	-7.5%	681,0 k €	+367%	145,8 k €	+12.5%	129,6 k €	-10.1%	144,1 k €	-16.2%	172,0 k €	-17.3%	208,0 k €	+3.5%	201,0 k €	+7.5%	187,0 k €	-9.3%	206,3 k €	-8.8%	226,1 k €	+45.8%	155,1 k €	+22.0%	127,2 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–		–		–		–		–		0,6 ETP	-70.0%	2,0 ETP	0.0%	2,0 ETP	-39.4%	3,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

DANNY GEERTS

Director

Active

Ended mandates

DANNY GEERTS

Mandate

Ended

DANNY GEERTS

Manager

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	03/06/2026	29/07/2025	03/07/2024	27/07/2023	02/07/2022	01/07/2021
General meeting	01/06/2026	30/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	03/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	02/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	26/06/2018	Dutch	PDF
Micro model	31/12/2016	05/06/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	02/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	13/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	15/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	08/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 2 ended

Active mandates

DANNY GEERTS

Director

Active

Ended mandates

DANNY GEERTS

Mandate

Ended

DANNY GEERTS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates30/01/2006
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025210,7 k €↓
2024
Annual accounts 2024243,2 k €↑
2023
Annual accounts 2023179,1 k €↑
2022
Annual accounts 2022135,5 k €↓
2021
Annual accounts 2021170,5 k €↑
2020
Annual accounts 2020118,1 k €↑
2019
Annual accounts 201983,6 k €↑
2018
Annual accounts 201834,1 k €↑
2017
Annual accounts 201714,6 k €↓
2016
Annual accounts 201627,3 k €↑
2015
Annual accounts 201512,3 k €↓
2014
Annual accounts 201427,5 k €↑
2013
Annual accounts 20135,2 k €↑
2012
Annual accounts 20123,3 k €↓
2011
Annual accounts 20119,1 k €↓
2010
Annual accounts 201023,7 k €↑
2009
Annual accounts 200911,1 k €↑
2008
Annual accounts 2008-100,0 k €↓
2007
Annual accounts 20077,3 k €↓
2006
Annual accounts 200630,0 k €
11/04/1994
IncorporationPrivate 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

GITRAX

Overview

What does GITRAX 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