ACTIVE

IT - SPIN OFF

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Financial year 2025 · Closed on 31/12/2025

Net result180,7 k €-21,5 %over 1 year
Revenue373,5 k €-32,3 %over 1 year
Equity-253,3 k €+41,4 %over 1 year

Identity

Source · BCE/KBO

IT - SPIN OFF is a Public limited company incorporated in 1999. Its main activity is: Other software publishing. Its registered office is in Ecaussinnes.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.573.562
Incorporation
19/07/1999
Legal form
Public limited company
Registered office
Rue Jean Jaurès 5
7190 Ecaussinnes · WallonieSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue373,5 k €551,8 k €392,7 k €––
EBITDA233,3 k €275,1 k €234,8 k €866,1 k €47,1 k €
Operating result178,7 k €227 k €215 k €846,4 k €17,2 k €
Net result180,7 k €230 k €216,2 k €845,9 k €-7,9 k €
Balance sheet
Equity-253,3 k €-431,9 k €-658,9 k €-872,9 k €-1,7 M €
Total assets2,7 M €2,7 M €2,4 M €2,5 M €2,5 M €
Cash19,8 k €52,1 k €104,6 k €91 k €12 k €
Debts2,9 M €3,2 M €3,1 M €3,4 M €4,2 M €
Other
Workforce–1,0 ETP1,0 ETP1,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michel HEMBERG
Managing director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carine BAILLIEUX
Director2022 accounts
Olivier BAILLIEUX
Director2017 accounts

Other companies at this address

Rue Jean Jaurès 5 7190 Ecaussinnes
CompanyCBE no.
BUREAU FINANCIER ECAUSSINNOIS● Active
0445.993.231
HI● Active
0899.241.072
Lisam.Cloud● Active
0539.942.085
LISAM CONNECT● Active
0435.691.930
LISAM E-CLUB● Active
0798.397.793
LISAM EHS SOFTWARE● Active
0785.569.247
MEGABYTE CONSULTING● Active
0428.827.201
METHODS AND SERVICES GROUP● Active
0429.541.536
MITH● Active
0756.981.565
MSG - International Europe● Active
0423.000.172
ROYAL PALETTE VERTE ECAUSSINNES● Active
0443.782.324
TM DIFFUSION● Active
0434.098.952
V-SERVICES● Active
0889.047.164

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date06/07/202630/06/202521/12/202316/12/202209/03/202211/12/2020
General meeting26/06/202627/06/202508/11/202309/11/202210/11/202111/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202606/07/2026FrenchPDF
Abridged model31/12/202427/06/202530/06/2025FrenchPDF
Abridged model30/06/202308/11/202321/12/2023FrenchPDF
Abridged model30/06/202209/11/202216/12/2022FrenchPDF
Micro modelCorrection30/06/202110/11/202109/03/2022FrenchPDF
Micro model30/06/202110/11/202104/03/2022FrenchPDF
Micro model30/06/202011/11/202011/12/2020FrenchPDF
Micro model30/06/201928/11/201924/12/2019FrenchPDF
Micro model30/06/201814/11/201807/12/2018FrenchPDF
Abridged model30/06/201708/11/201730/11/2017FrenchPDF
Abridged model30/06/201609/11/201629/11/2016FrenchPDF
Abridged model30/06/201511/11/201530/11/2015FrenchPDF
Abridged model30/06/201412/11/201419/11/2014FrenchPDF
Abridged model30/06/201313/11/201318/11/2013FrenchPDF
Abridged model30/06/201214/11/201225/11/2012FrenchPDF
Abridged model30/06/201109/11/201130/11/2011FrenchPDF
Abridged model30/06/201010/11/201008/12/2010FrenchPDF
Abridged model30/06/200911/11/200922/12/2009FrenchPDF
Abridged model30/06/200812/11/200810/02/2009FrenchPDF
Abridged model30/06/200707/11/200714/02/2008FrenchPDF
Abridged model30/06/200608/11/200631/01/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michel HEMBERG
Managing director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carine BAILLIEUX
Director2022 accounts
Olivier BAILLIEUX
Director2017 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring08/05/2026
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring06/01/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates03/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - COMPTES ANNUELS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates27/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/03/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/01/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/06/2014
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Michel HEMBERG
Olivier BAILLIEUX
Carine BAILLIEUX
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
IT - SPIN OFF
Rue Jean Jaurès 5, 7190 Ecaussinnes
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Jean Jaurès 5, 7190 EcaussinnesCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00268237

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
IT - SPIN OFFCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00268237

Events

  1. 2025
    Annual accounts 2025180,7 k €↓
  2. 2024
    Annual accounts 2024230 k €↑
  3. 2023
    Annual accounts 2023216,2 k €↓
  4. 2022
    Annual accounts 2022845,9 k €↑
  5. 2021
    Annual accounts 2021-7,9 k €↓
  6. 2020
    Annual accounts 202037,2 k €↑
  7. 2019
    Annual accounts 2019-2 M €↓
  8. 2018
    Annual accounts 2018-55,9 k €↑
  9. 2017
    Annual accounts 2017-178,7 k €↓
  10. 2016
    Annual accounts 2016-73,2 k €↓
  11. 2015
    Annual accounts 2015-64,3 k €↑
  12. 2014
    Annual accounts 2014-129,4 k €↓
  13. 2013
    Annual accounts 2013-58,1 k €↑
  14. 2012
    Annual accounts 2012-171,6 k €↓
  15. 2011
    Annual accounts 20118,7 k €↑
  16. 2010
    Annual accounts 2010-588 €↓
  17. 2009
    Annual accounts 20095 k €↑
  18. 2008
    Annual accounts 2008-16,2 k €↓
  19. 2007
    Annual accounts 200711,6 k €
  20. 19/07/1999
    IncorporationPublic limited company