ACTIVE

SPITS IVO

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Financial year 2025 · Closed on 31/12/2025

Net result126,4 k €-48,0 %over 1 year

Gross margin1,7 M €-1,5 %over 1 year

Equity981,5 k €-4,6 %over 1 year

Workforce20,5 ETP-1,0 %over 1 year

Identity

Source · BCE/KBO

SPITS IVO is a Public limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Heist-op-den-Berg. It employs on average 20,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0833.991.053
Incorporation: 16/02/2011
Legal form: Public limited company
Registered office: Vogelzangstraat(ITE) 10
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025
Average workforce: 20,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43320Joinery installation 43320Joinery installation 43910Roofing activities 43994Other specialised construction activities n.e.c.+2

Joint committees (6)

124
1240
145
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,7 M €	-1.5%	1,7 M €	+9.9%	1,6 M €	+14.7%	1,4 M €	+8.5%	1,3 M €
EBITDA	377,8 k €	-27.2%	519,2 k €	+14.0%	455,4 k €	+21.9%	373,6 k €	-9.0%	410,6 k €
Operating result	203,2 k €	-44.4%	365,6 k €	+21.4%	301,3 k €	+68.8%	178,5 k €	-31.5%	260,7 k €
Net result	126,4 k €	-48.0%	243,2 k €	+17.3%	207,3 k €	+89.2%	109,6 k €	-44.2%	196,4 k €
Balance sheet
Equity	981,5 k €	-4.6%	1 M €	+12.3%	916,7 k €	+17.5%	780,4 k €	+12.1%	696,3 k €
Total assets	2,8 M €	+34.5%	2,1 M €	+0.3%	2,1 M €	+1.9%	2 M €	+9.5%	1,8 M €
Cash	113,8 k €	-65.0%	324,9 k €	-22.2%	417,8 k €	+15.2%	362,6 k €	+16.3%	311,9 k €
Debts	1,8 M €	+73.5%	1 M €	-8.2%	1,1 M €	-9.0%	1,2 M €	+7.9%	1,1 M €
Other
Workforce	20,5 ETP	-1.0%	20,7 ETP	+12.5%	18,4 ETP	-1.6%	18,7 ETP	+3.9%	18,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ella De heyder	Director01/10/2018 → 28/05/2031Manager01/10/2018 → 2018 accountsended
Ivo Spits	Director16/02/2011 → 29/05/2031Manager16/02/2011 → 2018 accountsended
SPL Projects0787.642.671Represented by Lode SPITS	Director24/06/2022 → 24/06/2028
Probilt0787.558.638Represented by Niels SPITS	Director23/06/2022 → 23/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lode SPITS	Director30/12/2019 → 2022 accounts
Niels SPITS	Director30/12/2019 → 2022 accounts

Other companies at this address

Vogelzangstraat(ITE) 10 2222 Heist-op-den-Berg

Company	CBE no.
SPITS INVEST● Active	0732.999.405

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	30/05/2025	11/06/2024	27/05/2023	06/06/2022	18/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	30/05/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	11/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	27/05/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	06/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	18/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	30/05/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	28/06/2013	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ella De heyder	Director01/10/2018 → 28/05/2031Manager01/10/2018 → 2018 accountsended
Ivo Spits	Director16/02/2011 → 29/05/2031Manager16/02/2011 → 2018 accountsended
SPL Projects0787.642.671Represented by Lode SPITS	Director24/06/2022 → 24/06/2028
Probilt0787.558.638Represented by Niels SPITS	Director23/06/2022 → 23/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lode SPITS	Director30/12/2019 → 2022 accounts
Niels SPITS	Director30/12/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2022
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Capital / shares14/02/2020
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
PDF
Mandates31/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2014
BENOEMING ZAAKVOERDERS
PDF
Other07/03/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Ella De heyder

Ivo Spits

SPL Projects

Probilt

Lode SPITS

Niels SPITS

201120122013201420152016201720182019202020212022202320242025202620272028202920302031

SPITS IVO

Vogelzangstraat(ITE) 10, 2222 Itegem

Director

DirectorManager

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Vogelzangstraat(ITE) 10, 2222 ItegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00137501

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SPITS IVOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00137501

Events

2025
Annual accounts 2025126,4 k €↓
2024
Annual accounts 2024243,2 k €↑
2023
Annual accounts 2023207,3 k €↑
2022
Annual accounts 2022109,6 k €↓
2021
Annual accounts 2021196,4 k €↑
2020
Annual accounts 2020174,2 k €↑
2019
Annual accounts 2019134,9 k €↑
2018
Annual accounts 201871 k €↑
2017
Annual accounts 201713,8 k €↓
2016
Annual accounts 201615,8 k €↓
2015
Annual accounts 201547,9 k €↑
2014
Annual accounts 20146,8 k €↓
2013
Annual accounts 201331,6 k €↑
2012
Annual accounts 20128,9 k €
16/02/2011
IncorporationPublic limited company

SPITS IVO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events