ACTIVE

PITT-SOLUTIONS

Financial year 2025 · closed on 31/12/2025
Net result
112,4 k €
+291.3% YoY
Gross margin
1,1 M €
+47.9% YoY
Equity
579,1 k €
+24.1% YoY
Workforce
11,9 ETP
+35.2% YoY

What does PITT-SOLUTIONS do?

PITT-SOLUTIONS is a Private limited company incorporated in 2019. Its registered office is in Ninove. It employs on average 11,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0723.939.506
Incorporation
02/04/2019
Legal form
Private limited company
Registered office
Ring-Oost 14 box F
9400 Ninove · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
11,9 ETP
Joint committees (2)
  • 12400
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,1 M €727,8 k €628,1 k €691 k €593,8 k €
EBITDA284,2 k €124,1 k €28,9 k €240,4 k €283,8 k €
Operating result161 k €42,1 k €-51,6 k €179,1 k €263,2 k €
Net result112,4 k €28,7 k €-57,3 k €137,4 k €208,8 k €
Balance sheet
Equity579,1 k €466,7 k €438 k €495,3 k €357,9 k €
Total assets1,2 M €848,2 k €764,5 k €944,9 k €725,8 k €
Cash117,8 k €38,3 k €45,7 k €280,4 k €271,2 k €
Debts607,4 k €381,5 k €326,5 k €449,6 k €367,9 k €
Other
Workforce11,9 ETP8,8 ETP8,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Danny Pitteurs

Director · since 02 avril 2019

Active
Peter Demesmaeker

Director · since 02 avril 2019

Active
At this address

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0759.918.388
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0869.548.778
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0888.516.436
FloriAstActive
0759.917.695
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202102/04/2019
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 months21 months
Filing date02/07/202610/06/202505/07/202414/06/202323/06/202231/07/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202602/07/2026DutchPDF
Abridged model31/12/202406/06/202510/06/2025DutchPDF
Abridged model31/12/202307/06/202405/07/2024DutchPDF
Micro model31/12/202202/06/202314/06/2023DutchPDF
Micro model31/12/202103/06/202223/06/2022DutchPDF
Micro model31/12/202004/06/202131/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

Active mandates

Danny Pitteurs

Director · since 02 avril 2019

Active
Peter Demesmaeker

Director · since 02 avril 2019

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/08/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/03/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates25/01/2024
    WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/04/2019
    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 2025112,4 k €
  2. 2024
    Annual accounts 202428,7 k €
  3. 2023
    Annual accounts 2023-57,3 k €
  4. 2022
    Annual accounts 2022137,4 k €
  5. 2021
    Annual accounts 2021208,8 k €
  6. 02/04/2019
    IncorporationPrivate limited company