ACTIVE

Bsit Technologies

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Financial year 2025 · closed on 31/12/2025
Net result
328 k €
+101.1% YoY
Gross margin
1,1 M €
+17.6% YoY
Equity
1,5 M €
+28.4% YoY
Workforce
4,0 ETP
-14.9% YoY

What does Bsit Technologies do?

Bsit Technologies is a Public limited company incorporated in 2015. Its main activity is: Other software publishing. Its registered office is in Ixelles. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0632.842.351
Incorporation
29/06/2015
Legal form
Public limited company
Registered office
Avenue Louise 251
1050 Ixelles · BruxellesSee on map
Contributed capital
5 977 033,91 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Activities (NACE)
58290Other software publishing· main58290Other software publishing62010Computer programming activities62100Computer programming, consultancy and related activities62010Computer programming activities62090Other information technology and computer service activities+4
Joint committees (2)
  • 100
  • 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 8 financial years

20252024202320222021201820172016
Income statement
Gross margin1,1 M €913,1 k €859,4 k €843,9 k €586,7 k €-188,2 k €-443,3 k €-479,3 k €
EBITDA687,9 k €484,6 k €443,5 k €474 k €175,8 k €-752,5 k €-630,8 k €-552,9 k €
Operating result350,3 k €194,2 k €-26,4 k €37,7 k €-272,3 k €-1 M €-779,8 k €-667,6 k €
Net result328 k €163,1 k €-60,6 k €-7,2 k €-245,7 k €-1,1 M €-784,3 k €-665,5 k €
Balance sheet
Equity1,5 M €1,2 M €992,4 k €1,1 M €1,1 M €-224,8 k €328,9 k €503,1 k €
Total assets1,6 M €1,3 M €1,3 M €1,7 M €1,7 M €725,7 k €528,6 k €573,6 k €
Cash662,9 k €252,3 k €439,7 k €677,5 k €572,8 k €143,5 k €125,4 k €422,9 k €
Debts162,8 k €163,3 k €321,2 k €612,1 k €631,8 k €742,5 k €124,3 k €70,5 k €
Other
Workforce4,0 ETP4,7 ETP5,0 ETP5,3 ETP6,3 ETP12,5 ETP5,2 ETP1,8 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 31/12/2025 · 2 active · 20 ended

Active mandates

BSIT GROUP LIMITED S. Etr.

Director · 0730.688.033

Represented by MAXIME COGELS

Active
Maxime COGELS

Personne déléguée à la gestion journalière

Active

Ended mandates

BSIT GROUP LIMITED

Director · since 11 juillet 2022 · until 06 juin 2025

Represented by Maxime Cogels

Ended
Maxime Cogels

Personne chargée de la gestion journalière · since 11 juillet 2022

Ended
BSit Group Limited

Director · since 29 juillet 2019 · until 31 décembre 2025 · 0730.688.033

Represented by Dimitri DE BOOSE

Ended
BSit Group Limited LTD

Director · since 29 juillet 2019 · until 11 juillet 2022

Represented by JACQUEMART FRANÇOIS

Ended
At this address

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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 date11/06/202623/06/202525/06/202420/07/202327/07/202210/11/2021
General meeting10/06/202620/06/202520/06/202430/06/202314/07/202217/08/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202611/06/2026FrenchPDF
Abridged model31/12/202420/06/202523/06/2025FrenchPDF
Abridged model31/12/202320/06/202425/06/2024FrenchPDF
Abridged model31/12/202230/06/202320/07/2023FrenchPDF
Abridged model31/12/202114/07/202227/07/2022FrenchPDF
Abridged modelCorrection31/12/202017/08/202110/11/2021FrenchPDF
Abridged model31/12/202017/08/202131/08/2021FrenchPDF
Abridged model31/12/201926/06/202003/07/2020FrenchPDF
Abridged model31/12/201807/06/201901/07/2019FrenchPDF
Abridged model31/12/201721/06/201820/07/2018FrenchPDF
Abridged model31/12/201625/08/201728/08/2017FrenchPDF
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 31/12/2025 · 2 active · 20 ended

Active mandates

BSIT GROUP LIMITED S. Etr.

Director · 0730.688.033

Represented by MAXIME COGELS

Active
Maxime COGELS

Personne déléguée à la gestion journalière

Active

Ended mandates

BSIT GROUP LIMITED

Director · since 11 juillet 2022 · until 06 juin 2025

Represented by Maxime Cogels

Ended
Maxime Cogels

Personne chargée de la gestion journalière · since 11 juillet 2022

Ended
BSit Group Limited

Director · since 29 juillet 2019 · until 31 décembre 2025 · 0730.688.033

Represented by Dimitri DE BOOSE

Ended
BSit Group Limited LTD

Director · since 29 juillet 2019 · until 11 juillet 2022

Represented by JACQUEMART FRANÇOIS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/02/2025
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Mandates27/07/2022
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares12/01/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates19/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2019
    DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares08/03/2018
    CAPITAL, ACTIONS
    PDF
  • Capital / shares30/05/2017
    CAPITAL, ACTIONS
    PDF
  • Registered office04/11/2016
    SIEGE SOCIAL
    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 2025328 k €↑
  2. 2024
    Annual accounts 2024163,1 k €↑
  3. 2023
    Annual accounts 2023-60,6 k €↓
  4. 2022
    Annual accounts 2022-7,2 k €↑
  5. 2021
    Annual accounts 2021-245,7 k €↑
  6. 2019
    Name changeBSIT TECHNOLOGIES
  7. 2018
    Annual accounts 2018-1,1 M €↓
  8. 2017
    Annual accounts 2017-784,3 k €↓
  9. 2016
    Annual accounts 2016-665,5 k €
  10. 2016
    Name changeSUBLEEME
  11. 29/06/2015
    IncorporationPublic limited company