ACTIVE

On IT Corp & Gov

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Financial year 2024 · closed on 31/03/2024

Net result

654,1 k €

-18.0% YoY

Gross margin

1,7 M €

-2.0% YoY

Equity

3 M €

+28.3% YoY

Workforce

13,1 ETP

+2.3% YoY

What does On IT Corp & Gov do?

On IT Corp & Gov is a Public limited company incorporated in 2001. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Genk. It employs on average 13,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.405.323

Incorporation

23/03/2001

Legal form

Public limited company

Registered office

Henry Fordlaan 18
3600 Genk · FlandreSee on map

Contributed capital

125 000,00 €

Latest accounts

31/03/2024

Average workforce

13,1 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46510Wholesale of computers, computer peripheral equipment and software 51840Air transport 72100Research and experimental development on natural sciences and engineering 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores+9

Joint committees (4)

149
14904
200
2000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,7 M €	-2.0%	1,8 M €	+3.6%	1,7 M €	+80.4%	944 k €	-4.3%	986,9 k €	-3.8%	1 M €	+15.7%	887,5 k €	+2.2%	868,5 k €	-1.1%	878 k €	-3.2%	907,3 k €	-7.2%	977,6 k €	+13.1%	864,3 k €	+10.7%	780,8 k €	+32.9%	587,3 k €	-22.0%	752,7 k €	+21.8%	618,1 k €
EBITDA	945,5 k €	-12.0%	1,1 M €	+3.8%	1 M €	+219%	324,7 k €	+4.2%	311,5 k €	-3.2%	321,8 k €	+5.6%	304,6 k €	+5.5%	288,7 k €	+23.1%	234,5 k €	-16.7%	281,4 k €	-14.0%	327,3 k €	+66.5%	196,6 k €	+2.1%	192,5 k €	+146%	78,3 k €	-77.4%	346,3 k €	+54.5%	224,2 k €
Operating result	886,5 k €	-17.5%	1,1 M €	+3.8%	1 M €	+224%	319,8 k €	+4.8%	305,2 k €	+0.6%	303,5 k €	+6.2%	285,7 k €	+6.0%	269,7 k €	+21.8%	221,3 k €	-2.7%	227,4 k €	-18.6%	279,4 k €	+110%	133,2 k €	-12.6%	152,5 k €	+265%	41,8 k €	-84.4%	267,7 k €	+79.0%	149,6 k €
Net result	654,1 k €	-18.0%	798,1 k €	+3.9%	768,1 k €	+255%	216,6 k €	+9.5%	197,8 k €	-4.8%	207,7 k €	+2.8%	202,1 k €	+4.0%	194,4 k €	+11.1%	175 k €	+5.3%	166,1 k €	-12.2%	189,1 k €	+29.2%	146,4 k €	+43.7%	101,9 k €	+59.5%	63,9 k €	-63.5%	174,9 k €	+71.5%	102 k €
Balance sheet
Equity	3 M €	+28.3%	2,3 M €	+58.5%	1,5 M €	+14.1%	1,3 M €	-34.8%	2 M €	+11.2%	1,8 M €	+13.3%	1,6 M €	+14.9%	1,4 M €	-7.2%	1,5 M €	+13.6%	1,3 M €	+14.8%	1,1 M €	+20.3%	929,6 k €	+18.7%	783,2 k €	+15.0%	681,3 k €	+10.3%	617,5 k €	+39.5%	442,6 k €
Total assets	3,7 M €	+10.0%	3,4 M €	+33.6%	2,5 M €	+20.1%	2,1 M €	-11.6%	2,4 M €	+8.7%	2,2 M €	-5.6%	2,3 M €	+16.9%	2 M €	+4.9%	1,9 M €	+7.0%	1,8 M €	+11.3%	1,6 M €	-6.5%	1,7 M €	+5.8%	1,6 M €	-1.9%	1,6 M €	+19.5%	1,4 M €	+29.7%	1,1 M €
Cash	489,3 k €	-67.8%	1,5 M €	+20.0%	1,3 M €	+183%	447,8 k €		–		586 k €	+6.1%	552,2 k €	+175%	200,9 k €	-38.4%	326 k €	-26.4%	443,2 k €	-3.1%	457,1 k €	+97.9%	231 k €	+0.5%	229,8 k €	+10.4%	208,2 k €	+33.7%	155,7 k €	+50.5%	103,5 k €
Debts	612,4 k €	-34.6%	936,1 k €	-1.7%	952,1 k €	+29.5%	735,2 k €	+122%	331,5 k €	-2.1%	338,8 k €	-49.7%	674 k €	+23.3%	546,4 k €	+55.2%	352,2 k €	-12.4%	402,2 k €	+0.6%	399,9 k €	-42.9%	700,4 k €	-7.4%	756,1 k €	-14.8%	887,7 k €	+37.6%	645,3 k €	+20.6%	535 k €
Other
Workforce	13,1 ETP	+2.3%	12,8 ETP	+1.6%	12,6 ETP	-3.1%	13,0 ETP	-5.1%	13,7 ETP	-8.1%	14,9 ETP	+13.7%	13,1 ETP	+12.0%	11,7 ETP	-1.7%	11,9 ETP	-1.7%	12,1 ETP	-15.4%	14,3 ETP	0.0%	14,3 ETP	+26.5%	11,3 ETP	+2.7%	11,0 ETP	+29.4%	8,5 ETP	+7.6%	7,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2024 · 3 active · 16 ended

Active mandates

FRANK VERJANS

Managing director · since 21 décembre 2022 · 0466.065.697

Represented by Frank Verjans

Active

On IT

Director · since 21 décembre 2022 · 0776.511.229

Represented by Laurent De Pauw

Active

Jan Huybrechts

Director

Active

Ended mandates

FRANK VERJANS

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0466.065.697

Represented by Frank VERJANS

Ended

Jan Huybrechts

Director · since 21 décembre 2022 · until 20 décembre 2028

Ended

On IT

Director · since 21 décembre 2022 · until 20 décembre 2028 · 0776.511.229

Represented by Laurent DE PAUW

Ended

Bart Van De Sompel

Director · since 01 avril 2021 · until 11 septembre 2027

Ended

At this address

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Les Marronniers TER● Active	0772.864.722
OFFICE - PLUS● Active	0428.782.857

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	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018
Closing of the financial year	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/11/2024	26/09/2023	10/10/2022	27/09/2021	15/09/2020	01/10/2019
General meeting	30/09/2024	09/09/2023	10/09/2022	11/09/2021	12/09/2020	14/09/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2024	30/09/2024	07/11/2024	Dutch	PDF
Abridged model	31/03/2023	09/09/2023	26/09/2023	Dutch	PDF
Abridged model	31/03/2022	10/09/2022	10/10/2022	Dutch	PDF
Abridged model	31/03/2021	11/09/2021	27/09/2021	Dutch	PDF
Abridged model	31/03/2020	12/09/2020	15/09/2020	Dutch	PDF
Abridged model	31/03/2019	14/09/2019	01/10/2019	Dutch	PDF
Abridged model	31/03/2018	08/09/2018	02/10/2018	Dutch	PDF
Abridged model	31/03/2017	09/09/2017	20/09/2017	Dutch	PDF
Abridged model	31/03/2016	10/09/2016	27/09/2016	Dutch	PDF
Abridged model	31/03/2015	12/09/2015	22/09/2015	Dutch	PDF
Abridged model	31/03/2014	13/09/2014	15/09/2014	Dutch	PDF
Abridged model	31/03/2013	14/09/2013	25/09/2013	Dutch	PDF
Abridged model	31/03/2012	08/09/2012	13/09/2012	Dutch	PDF
Abridged model	31/03/2011	10/09/2011	14/09/2011	Dutch	PDF
Abridged model	31/03/2010	11/09/2010	28/10/2010	Dutch	PDF
Abridged model	31/03/2009	12/09/2009	23/09/2009	Dutch	PDF
Abridged model	31/03/2008	13/09/2008	23/09/2008	Dutch	PDF
Abridged model	31/03/2007	08/09/2007	04/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2024 · 3 active · 16 ended

Active mandates

FRANK VERJANS

Managing director · since 21 décembre 2022 · 0466.065.697

Represented by Frank Verjans

Active

On IT

Director · since 21 décembre 2022 · 0776.511.229

Represented by Laurent De Pauw

Active

Jan Huybrechts

Director

Active

Ended mandates

FRANK VERJANS

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0466.065.697

Represented by Frank VERJANS

Ended

Jan Huybrechts

Director · since 21 décembre 2022 · until 20 décembre 2028

Ended

On IT

Director · since 21 décembre 2022 · until 20 décembre 2028 · 0776.511.229

Represented by Laurent DE PAUW

Ended

Bart Van De Sompel

Director · since 01 avril 2021 · until 11 septembre 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring05/03/2026
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other04/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates13/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/01/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2024654,1 k €↓
2023
Annual accounts 2023798,1 k €↑
2022
Annual accounts 2022768,1 k €↑
2019
Annual accounts 2019216,6 k €↑
2018
Annual accounts 2018197,8 k €↓
2017
Annual accounts 2017207,7 k €↑
2016
Annual accounts 2016202,1 k €↑
2015
Annual accounts 2015194,4 k €↑
2014
Annual accounts 2014175 k €↑
2013
Annual accounts 2013166,1 k €↓
2012
Annual accounts 2012189,1 k €↑
2011
Annual accounts 2011146,4 k €↑
2010
Annual accounts 2010101,9 k €↑
2009
Annual accounts 200963,9 k €↓
2008
Annual accounts 2008174,9 k €↑
2007
Annual accounts 2007102 k €
23/03/2001
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

On IT Corp & Gov

Overview

What does On IT Corp & Gov do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

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