ACTIVE

MITECH

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Financial year 2025 · closed on 31/12/2025

Net result

602,7 k €

+305.0% YoY

Gross margin

266,9 k €

-0.2% YoY

Equity

3,3 M €

+15.3% YoY

What does MITECH do?

MITECH is a Private limited company incorporated in 2002. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Genk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.884.959

Incorporation

11/02/2002

Legal form

Private limited company

Registered office

Zuiderring 13
3600 Genk · FlandreSee on map

Contributed capital

10 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

45310Wholesale trade of motor vehicle parts and accessories· main 64200Activities of holding companies 64210Activities of holding companies 43211Electrical installation 43211Electrical installation 69202Accounting, bookkeeping and auditing activities; tax consultancy+3

Joint committees (1)

14901

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	266,9 k €	-0.2%	267,4 k €	+65.7%	161,4 k €	+20.1%	134,3 k €	+2.7%	130,8 k €	-8.9%	143,6 k €	+5.9%	135,6 k €	+46.0%	92,9 k €	-18.1%	113,4 k €	+3.2%	109,9 k €	+1.9%	107,9 k €	+2.0%	105,7 k €	+44.8%	73 k €	-26.9%	99,9 k €	-1.3%	101,3 k €	+7.0%	94,6 k €	-11.7%	107,2 k €	-9.0%	117,8 k €	-2.8%	121,2 k €	+17.5%	103,1 k €
EBITDA	264,8 k €	-0.2%	265,4 k €	+66.3%	159,6 k €	+19.8%	133,2 k €	+2.6%	129,8 k €	-8.9%	142,6 k €	+5.7%	134,9 k €	+116%	62,6 k €	+270%	16,9 k €	+5.6%	16 k €	+22.4%	13,1 k €	-22.1%	16,8 k €	+157%	6,6 k €	-82.8%	38 k €	+52.1%	25 k €	+40.8%	17,8 k €	-41.4%	30,3 k €	-12.2%	34,5 k €	+46.2%	23,6 k €	-42.4%	40,9 k €
Operating result	264,1 k €	-0.2%	264,7 k €	+66.6%	158,9 k €	+19.9%	132,5 k €	+2.8%	129 k €	-7.7%	139,7 k €	+5.8%	132 k €	+113%	61,9 k €	+265%	16,9 k €	+5.6%	16 k €	+22.4%	13,1 k €	-22.1%	16,8 k €	+157%	6,6 k €	-82.8%	38 k €	+52.1%	25 k €	+40.8%	17,8 k €	-41.4%	30,3 k €	-12.2%	34,5 k €	+46.2%	23,6 k €	-42.4%	40,9 k €
Net result	602,7 k €	+305%	148,8 k €	-84.3%	945,4 k €	+990%	86,7 k €	-69.4%	283,1 k €	+226%	86,8 k €	-48.7%	169,2 k €	-86.2%	1,2 M €	+12828%	9,5 k €	-3.7%	9,8 k €	+67.2%	5,9 k €	-45.6%	10,8 k €	+210%	3,5 k €	-86.0%	25 k €	+64.9%	15,2 k €	+24.5%	12,2 k €	-32.1%	17,9 k €	-12.4%	20,5 k €	+11.2%	18,4 k €	-31.7%	27 k €
Balance sheet
Equity	3,3 M €	+15.3%	2,8 M €	-1.9%	2,9 M €	+48.6%	1,9 M €	+4.7%	1,9 M €	+18.0%	1,6 M €	+5.8%	1,5 M €	+12.8%	1,3 M €	+1304%	94 k €	+11.2%	84,6 k €	+13.2%	74,7 k €	+8.6%	68,8 k €	+18.7%	58 k €	+6.4%	54,5 k €	+84.9%	29,5 k €	+106%	14,3 k €	+1.3%	14,1 k €	-0.4%	14,2 k €	-3.5%	14,7 k €	+2.9%	14,3 k €
Total assets	4,4 M €	+0.7%	4,3 M €	-1.0%	4,4 M €	+70.7%	2,6 M €	-3.8%	2,7 M €	+1.9%	2,6 M €	-2.6%	2,7 M €	-11.3%	3 M €	+2369%	122,5 k €	+9.6%	111,8 k €	+10.7%	101 k €	+3.4%	97,7 k €	+22.2%	80 k €	+2.0%	78,4 k €	+48.2%	52,9 k €	-25.4%	70,9 k €	-6.3%	75,7 k €	-0.0%	75,7 k €	+29.4%	58,5 k €	-0.8%	59 k €
Cash	27,6 k €	+441%	5,1 k €	-77.1%	22,3 k €	+488%	3,8 k €	-87.2%	29,7 k €	-49.2%	58,5 k €	+3611%	1,6 k €	-98.8%	133,7 k €	+107%	64,7 k €	-31.5%	94,5 k €	+28.7%	73,5 k €	+41.5%	51,9 k €	+10.9%	46,8 k €	-18.5%	57,4 k €	+181%	20,4 k €	+3571%	557 €	-98.2%	30,4 k €	+906%	3 k €	-83.1%	17,9 k €	-56.9%	41,4 k €
Debts	1,1 M €	-27.1%	1,5 M €	+0.9%	1,5 M €	+140%	614,2 k €	-23.4%	801,7 k €	-22.6%	1 M €	-13.2%	1,2 M €	-29.9%	1,7 M €	+5888%	28,4 k €	+4.5%	27,2 k €	+3.7%	26,2 k €	-9.0%	28,9 k €	+31.4%	22 k €	-8.0%	23,9 k €	+2.0%	23,4 k €	-58.7%	56,6 k €	-8.1%	61,6 k €	+0.0%	61,5 k €	+40.5%	43,8 k €	-2.0%	44,7 k €
Other
Workforce	–		–		–		–		–		–		–		0,6 ETP	-70.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP	-22.2%	2,7 ETP	-6.9%	2,9 ETP	-9.4%	3,2 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 31/12/2025 · 1 active · 6 ended

Active mandates

Ivan MAENEN

Manager

Active

Ended mandates

Iva, MAENEN

Manager · since 09 juillet 2018

Ended

IVAN MAENEN

Manager · since 09 juillet 2018

Ended

BETTY JASPERS

Manager · until 09 juillet 2018

Ended

BETTY JASPERS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
I.B.A. ENGINEERING● Active	0453.949.310

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	25/06/2025	25/06/2024	30/06/2023	29/06/2022	23/07/2021
General meeting	20/04/2026	23/04/2025	29/02/2024	02/06/2023	03/06/2022	04/06/2021
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
Abridged model	31/12/2025	20/04/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	23/04/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/02/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	29/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	30/07/2007	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 31/12/2025 · 1 active · 6 ended

Active mandates

Ivan MAENEN

Manager

Active

Ended mandates

Iva, MAENEN

Manager · since 09 juillet 2018

Ended

IVAN MAENEN

Manager · since 09 juillet 2018

Ended

BETTY JASPERS

Manager · until 09 juillet 2018

Ended

BETTY JASPERS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/06/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - 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

2025
Annual accounts 2025602,7 k €↑
2024
Annual accounts 2024148,8 k €↓
2023
Annual accounts 2023945,4 k €↑
2022
Annual accounts 202286,7 k €↓
2021
Annual accounts 2021283,1 k €↑
2020
Annual accounts 202086,8 k €↓
2019
Annual accounts 2019169,2 k €↓
2018
Annual accounts 20181,2 M €↑
2018
Name changeMitech
2017
Annual accounts 20179,5 k €↓
2016
Annual accounts 20169,8 k €↑
2015
Annual accounts 20155,9 k €↓
2014
Annual accounts 201410,8 k €↑
2013
Annual accounts 20133,5 k €↓
2012
Annual accounts 201225 k €↑
2011
Annual accounts 201115,2 k €↑
2010
Annual accounts 201012,2 k €↓
2009
Annual accounts 200917,9 k €↓
2008
Annual accounts 200820,5 k €↑
2007
Annual accounts 200718,4 k €↓
2006
Annual accounts 200627 k €
2006
Name changeIBA ELEKTRONICS
11/02/2002
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

MITECH

Overview

What does MITECH do?

Trend over 20 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