ACTIVE

GENERAL INSTALLATIONS & TECHNICAL SERVICES

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Financial year 2024 · closed on 31/12/2024

Net result

184,6 k €

+144.3% YoY

Revenue

2,5 M €

Equity

318,2 k €

+138.2% YoY

Workforce

15,0 ETP

+41.5% YoY

What does GENERAL INSTALLATIONS & TECHNICAL SERVICES do?

GENERAL INSTALLATIONS & TECHNICAL SERVICES is a Private limited company incorporated in 1999. Its main activity is: Electrical installation. Its registered office is in Tongeren-Borgloon. It employs on average 15,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.900.284

Incorporation

06/12/1999

Legal form

Private limited company

Registered office

Heersterveldweg 16A/ box 26
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2024

Average workforce

15,0 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Joint committees (2)

14901
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,5 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	321,3 k €	+102%	158,9 k €	+86.9%	85,1 k €	+132%	36,7 k €	-56.1%	83,5 k €	+300%	20,9 k €	-81.1%	110,7 k €	+98.6%	55,8 k €	+4.4%	53,4 k €	+546%	8,3 k €	-80.7%	42,9 k €	-62.1%	113,2 k €	+32.7%	85,3 k €	-13.4%	98,5 k €	+251%	28,1 k €	-70.4%	94,8 k €	-3.0%	97,7 k €	+22.5%	79,8 k €
Operating result	295,8 k €	+124%	132,1 k €	+127%	58,1 k €	+323%	13,7 k €	-75.0%	54,9 k €	+929%	-6,6 k €	-108%	83,4 k €	+180%	29,8 k €	-28.9%	41,8 k €	+764%	-6,3 k €	-133%	19,3 k €	-76.6%	82,5 k €	+49.9%	55 k €	-25.1%	73,5 k €	+418%	14,2 k €	-82.6%	81,6 k €	-11.5%	92,2 k €	+24.5%	74 k €
Net result	184,6 k €	+144%	75,6 k €	+154%	29,7 k €	+641%	-5,5 k €	-123%	23,7 k €	+217%	-20,2 k €	-132%	62,8 k €	+510%	10,3 k €	-50.8%	20,9 k €	+231%	-15,9 k €	-284%	8,7 k €	-85.8%	60,9 k €	+57.6%	38,6 k €	-28.4%	53,9 k €	+653%	7,2 k €	-86.0%	51,1 k €	-13.0%	58,7 k €	+27.3%	46,1 k €
Balance sheet
Equity	318,2 k €	+138%	133,6 k €	+130%	58 k €	+20.6%	48,1 k €	-23.9%	63,2 k €	+17.4%	53,9 k €	-27.3%	74,1 k €	+13.5%	65,3 k €	+18.7%	55 k €	+50.7%	36,5 k €	-30.4%	52,4 k €	+0.3%	52,2 k €	-26.1%	70,7 k €	+13.9%	62 k €	+0.1%	62 k €	+0.1%	61,9 k €	+9.0%	56,8 k €	+71.3%	33,2 k €
Total assets	820,4 k €	+46.6%	559,7 k €	-0.1%	560,1 k €	+30.1%	430,6 k €	-6.4%	460,1 k €	+0.7%	456,8 k €	-5.3%	482,4 k €	+40.8%	342,7 k €	-4.8%	359,8 k €	+0.9%	356,5 k €	+11.3%	320,2 k €	+13.8%	281,3 k €	-23.4%	367,2 k €	+14.4%	320,9 k €	+18.9%	270 k €	-44.7%	488,3 k €	+19.6%	408,2 k €	+165%	154,1 k €
Cash	62,7 k €	+148%	25,3 k €	+98.7%	12,7 k €	+4.4%	12,2 k €	-38.7%	19,9 k €	+85.5%	10,7 k €	+31.5%	8,2 k €	-76.8%	35,2 k €	+803%	3,9 k €	-31.5%	5,7 k €	-92.0%	70,8 k €	+989%	6,5 k €	-50.3%	13,1 k €	-80.0%	65,3 k €	+181%	23,2 k €	-78.2%	106,3 k €	-40.5%	178,8 k €	+1682%	10 k €
Debts	494 k €	+16.9%	422,6 k €	-14.3%	493,1 k €	+34.3%	367,2 k €	-5.6%	389,1 k €	+2.0%	381,4 k €	-6.6%	408,3 k €	+47.2%	277,4 k €	-7.5%	299,8 k €	-6.3%	320 k €	+20.7%	265,2 k €	+17.6%	225,6 k €	-23.9%	296,5 k €	+15.1%	257,7 k €	+27.6%	202 k €	-51.4%	415,7 k €	+60.9%	258,4 k €	+252%	73,5 k €
Other
Workforce	15,0 ETP	+41.5%	10,6 ETP	+1.0%	10,5 ETP	+2.9%	10,2 ETP	-11.3%	11,5 ETP	+25.0%	9,2 ETP		–		5,6 ETP	0.0%	5,6 ETP	+40.0%	4,0 ETP	-14.9%	4,7 ETP	-4.1%	4,9 ETP	+22.5%	4,0 ETP	0.0%	4,0 ETP		–		–		0,2 ETP	0.0%	0,2 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 31/12/2024 · 2 active · 9 ended

Active mandates

Joseph Fransen

Director · since 18 octobre 2023

Active

Patrick Dumoulin

Director · since 01 janvier 2017

Active

Ended mandates

Patrick Dumoulin

Director · since 18 octobre 2023

Ended

Patrick Joseph Dumoulin

Director · since 01 janvier 2017

Ended

Joseph Fransen

Director · since 29 décembre 2004

Ended

Joseph Hilaire Fransen

Director · since 29 décembre 2004

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	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/07/2025	17/07/2024	11/07/2023	12/07/2022	26/07/2021	11/05/2020
General meeting	23/06/2025	25/06/2024	30/06/2023	11/04/2022	11/04/2021	10/04/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	23/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	17/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/04/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/04/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	10/04/2020	11/05/2020	Dutch	PDF
Abridged model	31/12/2018	10/04/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	10/04/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	10/04/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/04/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	10/04/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/04/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/04/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/04/2012	25/09/2012	Dutch	PDF
Abridged model	31/12/2010	11/04/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	10/04/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/04/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/04/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	10/04/2007	30/05/2007	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 31/12/2024 · 2 active · 9 ended

Active mandates

Joseph Fransen

Director · since 18 octobre 2023

Active

Patrick Dumoulin

Director · since 01 janvier 2017

Active

Ended mandates

Patrick Dumoulin

Director · since 18 octobre 2023

Ended

Patrick Joseph Dumoulin

Director · since 01 janvier 2017

Ended

Joseph Fransen

Director · since 29 décembre 2004

Ended

Joseph Hilaire Fransen

Director · since 29 décembre 2004

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares13/07/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates24/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2005
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/01/2004
ONTSLAGEN - BENOEMINGEN
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 2024184,6 k €↑
2023
Annual accounts 202375,6 k €↑
2022
Annual accounts 202229,7 k €↑
2022
Name changeG.I.T.S.
2021
Annual accounts 2021-5,5 k €↓
2019
Annual accounts 201923,7 k €↑
2018
Annual accounts 2018-20,2 k €↓
2017
Annual accounts 201762,8 k €↑
2016
Annual accounts 201610,3 k €↓
2015
Annual accounts 201520,9 k €↑
2014
Annual accounts 2014-15,9 k €↓
2013
Annual accounts 20138,7 k €↓
2012
Annual accounts 201260,9 k €↑
2011
Annual accounts 201138,6 k €↓
2010
Annual accounts 201053,9 k €↑
2009
Annual accounts 20097,2 k €↓
2008
Annual accounts 200851,1 k €↓
2007
Annual accounts 200758,7 k €↑
2006
Annual accounts 200646,1 k €
2006
Name changeGeneral installations & technical services
06/12/1999
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

GENERAL INSTALLATIONS & TECHNICAL SERVICES

Overview

What does GENERAL INSTALLATIONS & TECHNICAL SERVICES 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