ACTIVE

HI-TECH SYSTEMS

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Financial year 2025 · closed on 30/06/2025

Net result

28,9 k €

+30.8% YoY

Gross margin

133,3 k €

+48.2% YoY

Equity

694,9 k €

+4.3% YoY

What does HI-TECH SYSTEMS do?

HI-TECH SYSTEMS is a Private limited company incorporated in 1997. Its main activity is: Computer programming activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.679.517

Incorporation

15/10/1997

Legal form

Private limited company

Registered office

Eedstraat 92
9052 Gent · FlandreSee on map

Contributed capital

343 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	133,3 k €	+48.2%	90 k €	+68.8%	53,3 k €	-31.2%	77,6 k €	+38.1%	56,2 k €	-72.3%	202,9 k €	+111%	96,3 k €	+3.7%	92,8 k €	+17.3%	79,2 k €	+45.2%	54,5 k €	-5.6%	57,8 k €	+16.8%	49,5 k €	+40.3%	35,3 k €	-20.4%	44,3 k €	+0.6%	44 k €	-34.8%	67,5 k €	-63.3%	183,8 k €	+78.4%	103 k €
EBITDA	108,8 k €	+27.0%	85,7 k €	+76.1%	48,7 k €	-32.2%	71,8 k €	+9.5%	65,6 k €	-67.1%	199,3 k €	+121%	90,4 k €	+16.5%	77,5 k €	+1.3%	76,5 k €	+49.7%	51,1 k €	-7.5%	55,2 k €	+18.6%	46,6 k €	+41.8%	32,9 k €	-15.2%	38,8 k €	-4.4%	40,5 k €	-39.1%	66,6 k €	-49.6%	132 k €	+34.2%	98,3 k €
Operating result	56,5 k €	+31.5%	43 k €	+768%	5 k €	-80.4%	25,3 k €	+268%	-15,1 k €	-111%	137 k €	+588%	19,9 k €	-12.7%	22,8 k €	+173%	8,4 k €	+145%	3,4 k €	-89.2%	31,6 k €	+24.2%	25,5 k €	+142%	10,5 k €	+19.6%	8,8 k €	+113%	4,1 k €	-87.1%	32 k €	-65.6%	93 k €	+220%	29 k €
Net result	28,9 k €	+30.8%	22,1 k €	+501%	-5,5 k €	-148%	11,4 k €	+152%	-21,7 k €	-123%	94,2 k €	+933%	9,1 k €	-26.4%	12,4 k €	+1202%	951,6 €	-85.9%	6,8 k €	-80.7%	35 k €	+37.9%	25,4 k €	+172%	9,3 k €	-87.6%	75,3 k €	+4103%	-1,9 k €	-111%	16,9 k €	-64.2%	47,1 k €	+750%	5,5 k €
Balance sheet
Equity	694,9 k €	+4.3%	666 k €	+3.4%	644 k €	-0.8%	649,5 k €	+9.1%	595,3 k €	-3.5%	617 k €	+18.0%	522,8 k €	+1.8%	513,7 k €	+2.5%	501,3 k €	+0.2%	500,4 k €	+1.4%	493,6 k €	+28.7%	383,6 k €	+7.1%	358,2 k €	+2.7%	348,9 k €	+27.5%	273,6 k €	-0.7%	275,5 k €	+6.5%	258,6 k €	+22.2%	211,6 k €
Total assets	1,1 M €	+4.4%	1 M €	-0.0%	1 M €	-1.1%	1 M €	-5.7%	1,1 M €	+23.7%	877,3 k €	+1.4%	865 k €	+4.9%	824,8 k €	-5.2%	870,3 k €	+26.9%	685,9 k €	+16.7%	587,6 k €	+20.6%	487,1 k €	-4.8%	511,5 k €	-4.0%	532,9 k €	+23.4%	431,9 k €	-2.1%	440,9 k €	-0.4%	442,5 k €	-34.5%	675,3 k €
Cash	49,1 k €	+28.2%	38,3 k €	+106813%	35,8 €	-99.8%	21,4 k €	+7075%	298,2 €	-99.5%	60,7 k €	+500%	10,1 k €	-9.7%	11,2 k €	+47.2%	7,6 k €	-81.6%	41,3 k €	-79.8%	204,5 k €	+347%	45,8 k €	+19009%	239,6 €	-99.7%	78,1 k €	+8537%	904,7 €	-92.0%	11,3 k €	+259%	3,2 k €	-22.9%	4,1 k €
Debts	279,4 k €	+0.0%	279,4 k €	-9.9%	310,1 k €	-3.4%	321,1 k €	-23.4%	419,1 k €	+130%	182 k €	-38.0%	293,6 k €	+11.4%	263,5 k €	-20.3%	330,6 k €	+129%	144,5 k €	+183%	51 k €	-17.3%	61,7 k €	-45.5%	113,2 k €	-20.8%	143 k €	-3.9%	148,8 k €	-5.6%	157,7 k €	-8.9%	173 k €	-61.7%	452,4 k €

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 30/06/2025 · 1 active · 1 ended

Active mandates

Edwin De Smet

Director

Active

Ended mandates

Edwin De Smet

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/01/2026	07/02/2025	02/02/2024	14/02/2023	31/01/2022	25/02/2021
General meeting	26/12/2025	27/12/2024	28/01/2024	29/12/2022	03/01/2022	25/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	26/12/2025	05/01/2026	Dutch	PDF
Micro model	30/06/2024	27/12/2024	07/02/2025	Dutch	PDF
Micro model	30/06/2023	28/01/2024	02/02/2024	Dutch	PDF
Micro model	30/06/2022	29/12/2022	14/02/2023	Dutch	PDF
Micro model	30/06/2021	03/01/2022	31/01/2022	Dutch	PDF
Micro model	30/06/2020	25/12/2020	25/02/2021	Dutch	PDF
Micro model	30/06/2019	27/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	28/12/2018	28/02/2019	Dutch	PDF
Micro model	30/06/2017	29/12/2017	01/02/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	15/02/2017	Dutch	PDF
Abridged model	30/06/2015	25/12/2015	29/02/2016	Dutch	PDF
Abridged model	30/06/2014	12/01/2015	10/02/2015	Dutch	PDF
Abridged model	30/06/2013	02/01/2014	09/01/2014	Dutch	PDF
Abridged model	30/06/2012	28/01/2013	28/01/2013	Dutch	PDF
Abridged model	30/06/2011	14/11/2011	22/12/2011	Dutch	PDF
Abridged model	30/06/2010	31/12/2010	17/01/2011	Dutch	PDF
Abridged model	30/06/2009	25/12/2009	12/02/2010	Dutch	PDF
Abridged model	30/06/2008	26/12/2008	31/12/2008	Dutch	PDF
Abridged model	30/06/2007	28/12/2007	07/01/2008	Dutch	PDF
Abridged model	30/06/2006	29/12/2006	04/01/2007	Dutch	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 30/06/2025 · 1 active · 1 ended

Active mandates

Edwin De Smet

Director

Active

Ended mandates

Edwin De Smet

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/07/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares18/07/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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 202528,9 k €↑
2024
Annual accounts 202422,1 k €↑
2023
Annual accounts 2023-5,5 k €↓
2022
Annual accounts 202211,4 k €↑
2020
Annual accounts 2020-21,7 k €↓
2019
Annual accounts 201994,2 k €↑
2018
Annual accounts 20189,1 k €↓
2017
Annual accounts 201712,4 k €↑
2016
Annual accounts 2016951,6 €↓
2015
Annual accounts 20156,8 k €↓
2014
Annual accounts 201435 k €↑
2013
Annual accounts 201325,4 k €↑
2012
Annual accounts 20129,3 k €↓
2011
Annual accounts 201175,3 k €↑
2010
Annual accounts 2010-1,9 k €↓
2009
Annual accounts 200916,9 k €↓
2008
Annual accounts 200847,1 k €↑
2007
Annual accounts 20075,5 k €
15/10/1997
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

HI-TECH SYSTEMS

Overview

What does HI-TECH SYSTEMS do?

Trend over 18 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