ACTIVE

QITE

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Financial year 2025 · closed on 31/12/2025
Net result
-74,4 k €
-413.8% YoY
Gross margin
1,7 M €
+29.7% YoY
Equity
62,8 k €
-54.3% YoY
Workforce
17,8 ETP
+17.1% YoY

What does QITE do?

QITE is a Private limited company incorporated in 2013. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 17,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.988.154
Incorporation
01/02/2013
Legal form
Private limited company
Registered office
Overzet 16 box A
9000 Gent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
17,8 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities
Signals
Positive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin1,7 M €1,3 M €1,3 M €1,4 M €1,5 M €1,5 M €1,4 M €984,5 k €699 k €501,9 k €400,9 k €228,1 k €96,2 k €
EBITDA39,5 k €55,2 k €108,3 k €123,7 k €74,1 k €172,7 k €252,9 k €115,6 k €106,9 k €76,8 k €30,7 k €32,3 k €49,1 k €
Operating result20,1 k €20,5 k €49,7 k €51,3 k €-7,5 k €87,7 k €163,7 k €50,6 k €55,7 k €30,9 k €-1 k €23,8 k €43,9 k €
Net result-74,4 k €-14,5 k €3,7 k €4,6 k €-38,1 k €25,7 k €76,5 k €16,8 k €15,7 k €10 k €-5,5 k €8,9 k €27,2 k €
Balance sheet
Equity62,8 k €137,2 k €151,7 k €148 k €143,4 k €181,5 k €155,7 k €79,2 k €62,4 k €46,8 k €36,8 k €42,3 k €33,4 k €
Total assets1,4 M €1,1 M €1 M €1 M €1,1 M €874,2 k €855,1 k €556,3 k €328,7 k €396,6 k €275,5 k €227,6 k €113,5 k €
Cash302,1 €430,7 €13,9 k €––16,4 k €16,2 k €49,3 k €37 k €41,6 k €16 k €57,3 k €52 k €
Debts1,3 M €972,3 k €871,2 k €871,9 k €911,5 k €688,1 k €699,3 k €475,4 k €266,1 k €334,9 k €238,7 k €184,6 k €80,1 k €
Other
Workforce17,8 ETP15,2 ETP18,6 ETP20,2 ETP22,6 ETP22,9 ETP––––7,8 ETP4,8 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

STROLI

Director · 0502.800.686

Represented by Steven Rotthier

Active

Ended mandates

Métima

Manager · since 06 novembre 2013 · 0843.404.409

Represented by Erik Weymans

Ended
Métima

Manager · since 06 novembre 2013 · 0843.404.409

Represented by Eric Weymans

Ended
Incubate

Manager · since 01 février 2013 · until 31 octobre 2013 · 0842.467.269

Represented by Ruben Gekiere

Ended
STROLI

Manager · since 01 février 2013 · 0502.800.686

Represented by Steven Rotthier

Ended
At this address

Other companies at this address

CompanyCBE no.
SMART PROGRESS● Active
0688.840.451
STROLI● Active
0502.800.686
TIDE SOFTWARE● Active
0742.647.440
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202630/06/202513/06/202424/06/202328/07/202218/07/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202629/06/2026DutchPDF
Abridged model31/12/202430/05/202530/06/2025DutchPDF
Abridged model31/12/202331/05/202413/06/2024DutchPDF
Abridged model31/12/202226/05/202324/06/2023DutchPDF
Abridged model31/12/202127/05/202228/07/2022DutchPDF
Abridged model31/12/202028/05/202118/07/2021DutchPDF
Micro model31/12/201929/05/202015/07/2020DutchPDF
Micro model31/12/201831/05/201915/07/2019DutchPDF
Micro model31/12/201725/05/201829/06/2018DutchPDF
Micro model31/12/201626/05/201728/07/2017DutchPDF
Abridged model31/12/201527/05/201613/06/2016DutchPDF
Abridged model31/12/201429/05/201503/07/2015DutchPDF
Abridged model31/12/201330/05/201427/08/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

STROLI

Director · 0502.800.686

Represented by Steven Rotthier

Active

Ended mandates

Métima

Manager · since 06 novembre 2013 · 0843.404.409

Represented by Erik Weymans

Ended
Métima

Manager · since 06 novembre 2013 · 0843.404.409

Represented by Eric Weymans

Ended
Incubate

Manager · since 01 février 2013 · until 31 octobre 2013 · 0842.467.269

Represented by Ruben Gekiere

Ended
STROLI

Manager · since 01 février 2013 · 0502.800.686

Represented by Steven Rotthier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/01/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/02/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025-74,4 k €↓
  2. 2024
    Annual accounts 2024-14,5 k €↓
  3. 2023
    Annual accounts 20233,7 k €↓
  4. 2022
    Annual accounts 20224,6 k €↑
  5. 2021
    Annual accounts 2021-38,1 k €↓
  6. 2020
    Annual accounts 202025,7 k €↓
  7. 2019
    Annual accounts 201976,5 k €↑
  8. 2018
    Annual accounts 201816,8 k €↑
  9. 2017
    Annual accounts 201715,7 k €↑
  10. 2016
    Annual accounts 201610 k €↑
  11. 2015
    Annual accounts 2015-5,5 k €↓
  12. 2014
    Annual accounts 20148,9 k €↓
  13. 2013
    Annual accounts 201327,2 k €
  14. 01/02/2013
    IncorporationPrivate limited company