ACTIVE

ITTOVATION

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
15,4 k €
-67.4% YoY
Gross margin
41 k €
-53.9% YoY
Equity
103,6 k €
-27.5% YoY

What does ITTOVATION do?

ITTOVATION is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Lebbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0824.664.504
Incorporation
06/04/2010
Legal form
Private limited company
Registered office
Bareelstraat 7
9280 Lebbeke · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation62010Computer programming activities62020Computer consultancy activities62090Other information technology and computer service activities62100Computer programming, consultancy and related activities+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin41 k €89,1 k €42,8 k €32 k €28 k €40,7 k €49 k €33,6 k €24,2 k €53,8 k €48,1 k €17,1 k €
EBITDA39,9 k €88 k €41,7 k €31,4 k €27,5 k €39,9 k €48,5 k €33,1 k €23,4 k €53,2 k €47,5 k €16,6 k €
Operating result32,5 k €78 k €33 k €26,8 k €24,6 k €36,3 k €37 k €20,1 k €9,5 k €44,1 k €31,3 k €8,7 k €
Net result15,4 k €47,3 k €18,8 k €15,9 k €15 k €23,8 k €22 k €11,1 k €4,6 k €25,4 k €18 k €4,6 k €
Balance sheet
Equity103,6 k €142,9 k €117,5 k €114,4 k €98,6 k €109 k €108,6 k €86,6 k €75,5 k €70,9 k €65,4 k €47,4 k €
Total assets318,1 k €299,5 k €244,1 k €214,5 k €206,9 k €197 k €184,9 k €142,1 k €134,8 k €125,1 k €128,1 k €96,2 k €
Cash264,5 k €264,7 k €184,9 k €166,5 k €173,5 k €161,9 k €153,6 k €100,3 k €82,2 k €70,3 k €81,5 k €55,5 k €
Debts205,2 k €148 k €121,3 k €95,9 k €104,9 k €86 k €73,7 k €52,9 k €57 k €52,2 k €60,8 k €46,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Adriaan Pieters

Director

Active

Ended mandates

ADRIAAN PIETERS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date10/07/202624/06/202528/06/202419/06/202320/06/202229/06/2021
General meeting07/07/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202507/07/202610/07/2026DutchPDF
Micro model31/12/202420/06/202524/06/2025DutchPDF
Micro model31/12/202321/06/202428/06/2024DutchPDF
Micro model31/12/202216/06/202319/06/2023DutchPDF
Micro model31/12/202117/06/202220/06/2022DutchPDF
Micro model31/12/202018/06/202129/06/2021DutchPDF
Micro model31/12/201919/06/202024/06/2020DutchPDF
Micro model31/12/201821/06/201905/07/2019DutchPDF
Micro model31/12/201715/06/201810/07/2018DutchPDF
Micro model31/12/201616/06/201729/06/2017DutchPDF
Abridged model31/12/201517/06/201606/07/2016DutchPDF
Abridged model31/12/201419/06/201501/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Adriaan Pieters

Director

Active

Ended mandates

ADRIAAN PIETERS

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
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 202515,4 k €↓
  2. 2024
    Annual accounts 202447,3 k €↑
  3. 2023
    Annual accounts 202318,8 k €↑
  4. 2022
    Annual accounts 202215,9 k €↑
  5. 2021
    Annual accounts 202115 k €↓
  6. 2020
    Annual accounts 202023,8 k €↑
  7. 2019
    Annual accounts 201922 k €↑
  8. 2018
    Annual accounts 201811,1 k €↑
  9. 2017
    Annual accounts 20174,6 k €↓
  10. 2016
    Annual accounts 201625,4 k €↑
  11. 2015
    Annual accounts 201518 k €↑
  12. 2014
    Annual accounts 20144,6 k €
  13. 06/04/2010
    IncorporationPrivate limited company