ACTIVE

On IT Corp & Gov

Financial year 2024 · Closed on 31/03/2024

Net result654,1 k €-18,0 %over 1 year
Gross margin1,7 M €-2,0 %over 1 year
Equity3 M €+28,3 %over 1 year
Workforce13,1 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (4)
  • 149
  • 14904
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 16 financial years

20242023202220192018
Income statement
Gross margin1,7 M €1,8 M €1,7 M €944 k €986,9 k €
EBITDA945,5 k €1,1 M €1 M €324,7 k €311,5 k €
Operating result886,5 k €1,1 M €1 M €319,8 k €305,2 k €
Net result654,1 k €798,1 k €768,1 k €216,6 k €197,8 k €
Balance sheet
Equity3 M €2,3 M €1,5 M €1,3 M €2 M €
Total assets3,7 M €3,4 M €2,5 M €2,1 M €2,4 M €
Cash489,3 k €1,5 M €1,3 M €447,8 k €–
Debts612,4 k €936,1 k €952,1 k €735,2 k €331,5 k €
Other
Workforce13,1 ETP12,8 ETP12,6 ETP13,0 ETP13,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

Other companies at this address

Henry Fordlaan 18 3600 Genk
CompanyCBE no.
ALME - Invest● Active
0451.409.393
JOBE● Active
0435.346.193
0772.864.623
0772.864.722
OFFICE - PLUS● Active
0428.782.857

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/11/202426/09/202310/10/202227/09/202115/09/202001/10/2019
General meeting30/09/202409/09/202310/09/202211/09/202112/09/202014/09/2019
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202430/09/202407/11/2024DutchPDF
Abridged model31/03/202309/09/202326/09/2023DutchPDF
Abridged model31/03/202210/09/202210/10/2022DutchPDF
Abridged model31/03/202111/09/202127/09/2021DutchPDF
Abridged model31/03/202012/09/202015/09/2020DutchPDF
Abridged model31/03/201914/09/201901/10/2019DutchPDF
Abridged model31/03/201808/09/201802/10/2018DutchPDF
Abridged model31/03/201709/09/201720/09/2017DutchPDF
Abridged model31/03/201610/09/201627/09/2016DutchPDF
Abridged model31/03/201512/09/201522/09/2015DutchPDF
Abridged model31/03/201413/09/201415/09/2014DutchPDF
Abridged model31/03/201314/09/201325/09/2013DutchPDF
Abridged model31/03/201208/09/201213/09/2012DutchPDF
Abridged model31/03/201110/09/201114/09/2011DutchPDF
Abridged model31/03/201011/09/201028/10/2010DutchPDF
Abridged model31/03/200912/09/200923/09/2009DutchPDF
Abridged model31/03/200813/09/200823/09/2008DutchPDF
Abridged model31/03/200708/09/200704/10/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024654,1 k €↓
  2. 2023
    Annual accounts 2023798,1 k €↑
  3. 2022
    Annual accounts 2022768,1 k €↑
  4. 2019
    Annual accounts 2019216,6 k €↑
  5. 2018
    Annual accounts 2018197,8 k €↓
  6. 2017
    Annual accounts 2017207,7 k €↑
  7. 2016
    Annual accounts 2016202,1 k €↑
  8. 2015
    Annual accounts 2015194,4 k €↑
  9. 2014
    Annual accounts 2014175 k €↑
  10. 2013
    Annual accounts 2013166,1 k €↓
  11. 2012
    Annual accounts 2012189,1 k €↑
  12. 2011
    Annual accounts 2011146,4 k €↑
  13. 2010
    Annual accounts 2010101,9 k €↑
  14. 2009
    Annual accounts 200963,9 k €↓
  15. 2008
    Annual accounts 2008174,9 k €↑
  16. 2007
    Annual accounts 2007102 k €
  17. 23/03/2001
    IncorporationPublic limited company