ACTIVE

Spitfire

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Financial year 2025 · closed on 31/12/2025
Net result
-6,1 k €
+61.1% YoY
Gross margin
-4,4 k €
+63.0% YoY
Equity
-113,3 k €
-5.7% YoY

What does Spitfire do?

Spitfire is a Public limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0712.640.786
Incorporation
26/10/2018
Legal form
Public limited company
Registered office
Foreestelaan 86 box 201
9000 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin-4,4 k €-12 k €-52,1 k €-28 k €-27 k €-29,4 k €-4 k €
EBITDA-5,7 k €-13,2 k €-53,2 k €-28,5 k €-27,5 k €-29,9 k €-4,7 k €
Operating result-5,7 k €-13,2 k €-53,2 k €-28,5 k €-27,5 k €-29,9 k €-4,7 k €
Net result-6,1 k €-15,7 k €-53,7 k €-30,2 k €-28 k €-30,1 k €-11,5 k €
Balance sheet
Equity-113,3 k €-107,2 k €-91,4 k €-37,7 k €-7,5 k €20,5 k €50,5 k €
Total assets2,5 M €2,4 M €2,1 M €1,7 M €1,6 M €454,6 k €94,8 k €
Cash360,3 k €1 k €27,1 k €16,8 k €147,7 k €71,8 k €18,3 k €
Debts2,6 M €2,5 M €2,1 M €1,7 M €1,5 M €429,6 k €42,5 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 17 ended

Active mandates

Triana

Managing director · since 01 janvier 2026 · until 07 juin 2030 · 0727.987.077

Represented by Alexander Vanheukelen

Active
Domest

Managing director · since 07 juin 2024 · until 31 décembre 2025 · 0471.330.027

Represented by Jurgen Van Bogaert

Active
HLSC

Director · since 07 juin 2024 · until 07 juin 2030 · 0728.603.523

Represented by Henk Cardon

Active
Real Value Management

Managing director · since 07 juin 2024 · until 07 juin 2030 · 0546.653.297

Represented by Rikkert Leeman

Active
ROBINIA

Director · since 07 juin 2024 · until 31 décembre 2025 · 0878.603.333

Represented by Peter Leyssens

Active

Ended mandates

Domest

Managing director · since 07 juin 2024 · until 07 juin 2030 · 0471.330.027

Represented by Jurgen Van Bogaert

Ended
ROBINIA

Director · since 07 juin 2024 · until 08 juin 2030 · 0878.603.333

Represented by Peter Leyssens

Ended
ROBINIA

Director · since 28 octobre 2021 · until 07 juin 2024 · 0878.603.333

Represented by Peter Leyssens

Ended
Domest

Managing director · since 01 avril 2021 · until 07 juin 2024 · 0471.330.027

Represented by Jurgen Van Bogaert

Ended
At this address

Other companies at this address

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Advanced Computer Systems Technics● Active
0424.865.839
ALGEMENE BOUW MAES● Active
0885.778.858
ALIDES BOULEVARD● Active
0417.851.947
ALIDES DEVELOPMENT● Active
0667.674.457
ALIDES FREEHOLD● Active
0765.141.641
ALIDES HOUSING● Active
0787.165.094
Alides Land● Active
0400.095.801
ALIDES PROPERTIES● Active
0415.188.902
ALIDES REAL ESTATE INVESTMENT AND MANAGEMENT● Active
0478.405.285
Anguli● Active
0745.928.020
ARBECO● Active
0894.030.885
Building Hotel Maes● Active
0408.459.575
EVORA DEVELOPMENT● Active
0775.634.467
Frankrijklei 121● Active
0801.144.378
GDANSK DEVELOPMENT HOLDING● Active
0673.546.323
GHENT INDUSTRIAL INVESTMENT● Active
0445.603.944
GINDAC● Active
0818.399.490
GROUP-ORELIO● Active
0831.245.854
Immo Copernicus● Active
0801.996.493
INVESTERA● Active
0427.585.007
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 date08/06/202610/06/202510/06/202402/06/202310/06/202206/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202608/06/2026DutchPDF
Abridged model31/12/202406/06/202510/06/2025DutchPDF
Abridged model31/12/202307/06/202410/06/2024DutchPDF
Abridged model31/12/202202/06/202302/06/2023DutchPDF
Abridged model31/12/202103/06/202210/06/2022DutchPDF
Abridged model31/12/202004/06/202106/07/2021DutchPDF
Abridged model31/12/201905/06/202013/07/2020DutchPDF
Estimate

Indicative valuation

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 · 5 active · 17 ended

Active mandates

Triana

Managing director · since 01 janvier 2026 · until 07 juin 2030 · 0727.987.077

Represented by Alexander Vanheukelen

Active
Domest

Managing director · since 07 juin 2024 · until 31 décembre 2025 · 0471.330.027

Represented by Jurgen Van Bogaert

Active
HLSC

Director · since 07 juin 2024 · until 07 juin 2030 · 0728.603.523

Represented by Henk Cardon

Active
Real Value Management

Managing director · since 07 juin 2024 · until 07 juin 2030 · 0546.653.297

Represented by Rikkert Leeman

Active
ROBINIA

Director · since 07 juin 2024 · until 31 décembre 2025 · 0878.603.333

Represented by Peter Leyssens

Active

Ended mandates

Domest

Managing director · since 07 juin 2024 · until 07 juin 2030 · 0471.330.027

Represented by Jurgen Van Bogaert

Ended
ROBINIA

Director · since 07 juin 2024 · until 08 juin 2030 · 0878.603.333

Represented by Peter Leyssens

Ended
ROBINIA

Director · since 28 octobre 2021 · until 07 juin 2024 · 0878.603.333

Represented by Peter Leyssens

Ended
Domest

Managing director · since 01 avril 2021 · until 07 juin 2024 · 0471.330.027

Represented by Jurgen Van Bogaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/08/2020
    MAATSCHAPPELIJKE ZETEL
    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 2025-6,1 k €↑
  2. 2024
    Annual accounts 2024-15,7 k €↑
  3. 2023
    Annual accounts 2023-53,7 k €↓
  4. 2022
    Annual accounts 2022-30,2 k €↓
  5. 2021
    Annual accounts 2021-28 k €↑
  6. 2020
    Annual accounts 2020-30,1 k €↓
  7. 2019
    Annual accounts 2019-11,5 k €
  8. 26/10/2018
    IncorporationPublic limited company