ACTIVE

FITTERS

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Financial year 2025 · closed on 31/12/2025
Net result
45,4 k €
+189.3% YoY
Gross margin
1,3 M €
+28.8% YoY
Equity
225,2 k €
+25.3% YoY
Workforce
13,3 ETP
+25.5% YoY

What does FITTERS do?

FITTERS is a Private limited company incorporated in 2023. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Hasselt. It employs on average 13,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0797.204.297
Incorporation
16/01/2023
Legal form
Private limited company
Registered office
Gouverneur Verwilghensingel 22
3500 Hasselt · FlandreSee on map
Contributed capital
5 151,45 €
Latest accounts
31/12/2025
Average workforce
13,3 ETP
Activities (NACE)
24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel· main24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel42219Construction of utility projects for fluids42219Construction of utility projects for fluids42212Construction of utility projects for fluids42212Construction of utility projects for fluids+8
Joint committees (2)
  • 111
  • 209
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin1,3 M €976,9 k €740,4 k €
EBITDA115,9 k €79,7 k €18,5 k €
Operating result82,8 k €35,4 k €14,5 k €
Net result45,4 k €15,7 k €2,6 k €
Balance sheet
Equity225,2 k €179,8 k €164,1 k €
Total assets1,2 M €866,5 k €752,1 k €
Cash86,3 k €118,3 k €86,2 k €
Debts917,6 k €685 k €586,4 k €
Other
Workforce13,3 ETP10,6 ETP10,4 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

Active mandates

CENTERHOLD

Director · since 23 décembre 2022 · 0674.366.269

Represented by Erik SCHOBBEN

Active
At this address

Other companies at this address

CompanyCBE no.
LAS CENTER● Active
0426.283.524
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date16/07/202627/08/202519/08/2024
General meeting17/06/202630/05/202531/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202616/07/2026DutchPDF
Abridged model31/12/202430/05/202527/08/2025DutchPDF
Abridged model31/12/202331/05/202419/08/2024DutchPDF
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

Active mandates

CENTERHOLD

Director · since 23 décembre 2022 · 0674.366.269

Represented by Erik SCHOBBEN

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other25/01/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...) - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 202545,4 k €↑
  2. 2024
    Annual accounts 202415,7 k €↑
  3. 2023
    Annual accounts 20232,6 k €
  4. 16/01/2023
    IncorporationPrivate limited company