ACTIVE

MITIS

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Financial year 2025 · closed on 31/12/2025
Net result
-936,1 k €
+3.4% YoY
Gross margin
439,7 k €
+14.1% YoY
Equity
2,4 M €
-23.0% YoY
Workforce
13,3 ETP
+8.1% YoY

What does MITIS do?

MITIS is a Public limited company incorporated in 2009. Its main activity is: Manufacture of other special-purpose machinery n.e.c.. Its registered office is in Hannut. It employs on average 13,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0820.861.510
Incorporation
24/11/2009
Legal form
Public limited company
Registered office
Rue Longue 28
4280 Hannut · WallonieSee on map
Contributed capital
4 586 543,30 €
Latest accounts
31/12/2025
Average workforce
13,3 ETP
Activities (NACE)
28990Manufacture of other special-purpose machinery n.e.c.· main28990Manufacture of other special-purpose machinery n.e.c.62020Computer consultancy activities62200Computer programming, consultancy and related activities70200Management consultancy activities70220Business and other management consultancy activities+4
Joint committees (4)
  • 100
  • 200
  • 2000
  • 218
Signals
Solid equityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021201820172016201520142013201220112010
Income statement
Gross margin439,7 k €385,3 k €299,2 k €841,2 k €873,6 k €247,1 k €269,8 k €220,1 k €59,3 k €55,2 k €61,5 k €629,9 €-1,2 k €3,8 k €
EBITDA-569,4 k €-627 k €-606,2 k €79,1 k €241,8 k €25,9 k €58,3 k €56,1 k €-15,4 k €-7,1 k €3,5 k €-3,1 k €-1,2 k €3,8 k €
Operating result-1,6 M €-1,6 M €-1,6 M €-778,3 k €-383,9 k €-364,2 k €-232 k €-113 k €-91,2 k €-56 k €-14,7 k €-6,7 k €-1,8 k €3,6 k €
Net result-936,1 k €-968,7 k €-1 M €-219,7 k €27,4 k €-82,2 k €-25,6 k €13,3 k €-41,9 k €-20,1 k €-2,7 k €-5,9 k €-1,8 k €2,3 k €
Balance sheet
Equity2,4 M €3,2 M €3,2 M €3 M €1,8 M €609,6 k €690,5 k €668,6 k €609,6 k €322,2 k €254,3 k €172,4 k €4,5 k €6,3 k €
Total assets3,9 M €4,6 M €4,9 M €4,6 M €2,8 M €933,9 k €956,8 k €1 M €676,2 k €420,5 k €458,5 k €339,8 k €8,1 k €12,2 k €
Cash232,2 k €1,7 M €466,1 k €1,4 M €520,4 k €89,3 k €152,8 k €274,8 k €163,8 k €121,4 k €236,7 k €291,4 k €6,1 k €10,2 k €
Debts1,1 M €1 M €1,3 M €1,4 M €856,8 k €322,5 k €266,3 k €341,8 k €66,6 k €98,2 k €204,2 k €167,2 k €3,6 k €5,9 k €
Other
Workforce13,3 ETP12,3 ETP11,7 ETP11,3 ETP9,1 ETP–––1,3 ETP1,0 ETP1,0 ETP0,1 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 · 6 active · 33 ended

Active mandates

Didier ALLAER

Director · until 26 juin 2028

Active
Emeric D'Arcimoles

Director · until 26 juin 2028

Active
Michel DELANAYE

Managing director · until 26 juin 2028

Active
Michel MILECAN

Director · until 26 juin 2028

Active
NOSHAQ

Director · until 26 juin 2028 · 0426.624.509

Represented by Raphaël DARIMONT

Active
Véronique DISTEXHE

Director · until 26 juin 2028

Active

Ended mandates

Emmanuel BOIS D’ENGHIEN

Director · since 08 juillet 2022 · until 26 juin 2028

Ended
Jean-Pierre DELWART

Director · since 28 juin 2021 · until 24 juin 2024

Ended
Emeric d'Arcimoles

Director · since 17 juillet 2019 · until 24 juin 2024

Ended
Michel Delanaye

Managing director · since 17 juillet 2019 · until 24 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
Tbiz● Active
0835.509.795
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date07/07/202611/07/202505/07/202419/07/202319/07/202212/08/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202607/07/2026FrenchPDF
Abridged model31/12/202430/06/202511/07/2025FrenchPDF
Abridged model31/12/202324/06/202405/07/2024FrenchPDF
Abridged model31/12/202226/06/202319/07/2023FrenchPDF
Abridged model31/12/202127/06/202219/07/2022FrenchPDF
Micro model31/12/202028/06/202112/08/2021FrenchPDF
Micro model31/12/201929/06/202031/07/2020FrenchPDF
Micro model31/12/201824/06/201917/07/2019FrenchPDF
Micro model31/12/201725/06/201814/08/2018FrenchPDF
Micro model31/12/201626/06/201712/07/2017FrenchPDF
Abridged model31/12/201509/06/201626/08/2016FrenchPDF
Abridged model31/12/201404/06/201515/07/2015FrenchPDF
Abridged model31/12/201311/06/201430/07/2014FrenchPDF
Abridged model31/12/201209/07/201330/07/2013FrenchPDF
Abridged model31/12/201125/06/201225/09/2012FrenchPDF
Abridged model31/12/201027/06/201121/12/2011FrenchPDF
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 · 6 active · 33 ended

Active mandates

Didier ALLAER

Director · until 26 juin 2028

Active
Emeric D'Arcimoles

Director · until 26 juin 2028

Active
Michel DELANAYE

Managing director · until 26 juin 2028

Active
Michel MILECAN

Director · until 26 juin 2028

Active
NOSHAQ

Director · until 26 juin 2028 · 0426.624.509

Represented by Raphaël DARIMONT

Active
Véronique DISTEXHE

Director · until 26 juin 2028

Active

Ended mandates

Emmanuel BOIS D’ENGHIEN

Director · since 08 juillet 2022 · until 26 juin 2028

Ended
Jean-Pierre DELWART

Director · since 28 juin 2021 · until 24 juin 2024

Ended
Emeric d'Arcimoles

Director · since 17 juillet 2019 · until 24 juin 2024

Ended
Michel Delanaye

Managing director · since 17 juillet 2019 · until 24 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates06/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares11/02/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates29/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/12/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    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 2025-936,1 k €↑
  2. 2024
    Annual accounts 2024-968,7 k €↑
  3. 2023
    Annual accounts 2023-1 M €↓
  4. 2022
    Annual accounts 2022-219,7 k €↓
  5. 2021
    Annual accounts 202127,4 k €↑
  6. 2018
    Annual accounts 2018-82,2 k €↓
  7. 2017
    Annual accounts 2017-25,6 k €↓
  8. 2016
    Annual accounts 201613,3 k €↑
  9. 2015
    Annual accounts 2015-41,9 k €↓
  10. 2014
    Annual accounts 2014-20,1 k €↓
  11. 2013
    Annual accounts 2013-2,7 k €↑
  12. 2012
    Annual accounts 2012-5,9 k €↓
  13. 2011
    Annual accounts 2011-1,8 k €↓
  14. 2010
    Annual accounts 20102,3 k €
  15. 24/11/2009
    IncorporationPublic limited company