ACTIVE

GIRITRON

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Financial year 2025 · closed on 31/12/2025

Net result

399,6 k €

-6.3% YoY

Gross margin

556 k €

+4.8% YoY

Equity

3 M €

+12.2% YoY

What does GIRITRON do?

GIRITRON is a Private limited company incorporated in 2003. Its main activity is: Manufacture of electronic components. Its registered office is in Zandhoven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0859.715.948

Incorporation

22/07/2003

Legal form

Private limited company

Registered office

Keulsebaan 17
2243 Zandhoven · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	556 k €	+4.8%	530,5 k €	-20.6%	668,2 k €	-12.8%	766,1 k €	-33.5%	1,2 M €	+39.4%	826,1 k €	+49.4%	553 k €	+25.7%	440 k €	+20.4%	365,3 k €	+9.9%	332,3 k €	+34.5%	247,1 k €	+19.2%	207,2 k €	-24.5%	274,5 k €	-3.4%	284,1 k €	+6.5%	266,7 k €	+0.6%	265,2 k €	+29.1%	205,4 k €	+5.2%	195,2 k €	+26.3%	154,5 k €	-33.7%	233,1 k €
EBITDA	554,4 k €	+4.8%	528,8 k €	-20.6%	666 k €	-12.8%	764,1 k €	-33.5%	1,1 M €	+39.5%	824,2 k €	+49.6%	551,1 k €	+25.9%	437,9 k €	+21.6%	360,2 k €	+8.8%	330,9 k €	+35.0%	245,1 k €	+18.8%	206,4 k €	-24.6%	273,6 k €	-3.4%	283,3 k €	+6.5%	266 k €	+0.6%	264,4 k €	+29.3%	204,6 k €	+5.3%	194,3 k €	+26.4%	153,7 k €	-33.8%	232,3 k €
Operating result	526,7 k €	+5.1%	501,1 k €	-24.0%	659,3 k €	-13.6%	763 k €	-33.5%	1,1 M €	+39.6%	822,3 k €	+55.5%	529 k €	+27.4%	415,2 k €	+21.7%	341,1 k €	+10.9%	307,6 k €	+39.0%	221,3 k €	+15.3%	191,9 k €	-25.2%	256,8 k €	-2.2%	262,6 k €	+3.2%	254,5 k €	+4.7%	243 k €	+35.4%	179,5 k €	+6.1%	169,3 k €	+43.8%	117,7 k €	-44.4%	211,7 k €
Net result	399,6 k €	-6.3%	426,6 k €	-11.1%	479,9 k €	-10.0%	533,4 k €	-32.3%	788 k €	+31.2%	600,7 k €	+59.4%	376,8 k €	+36.5%	276,1 k €	+33.0%	207,6 k €	+10.3%	188,3 k €	+29.2%	145,8 k €	+21.7%	119,8 k €	-30.6%	172,6 k €	-2.8%	177,6 k €	+2.4%	173,4 k €	+4.9%	165,3 k €	+34.4%	123 k €	+7.2%	114,8 k €	+39.2%	82,5 k €	-42.3%	142,9 k €
Balance sheet
Equity	3 M €	+12.2%	2,7 M €	+6.0%	2,5 M €	+12.0%	2,2 M €	+18.0%	1,9 M €	+53.9%	1,2 M €	+17.2%	1,1 M €	+7.3%	982,4 k €	+13.6%	864,8 k €	+31.6%	657,2 k €	+40.1%	468,9 k €	+36.1%	344,5 k €	+53.3%	224,8 k €	-3.4%	232,6 k €	+0.2%	232,1 k €	+296%	58,6 k €	-67.7%	181,3 k €	+199%	60,6 k €	-57.3%	141,9 k €	+139%	59,5 k €
Total assets	3 M €	+11.1%	2,7 M €	+4.2%	2,6 M €	+15.2%	2,3 M €	+13.9%	2 M €	+23.2%	1,6 M €	+17.3%	1,4 M €	+30.6%	1 M €	+11.9%	936,2 k €	+19.7%	782,4 k €	+34.2%	582,9 k €	+31.4%	443,7 k €	+1.4%	437,4 k €	-3.0%	450,9 k €	+58.7%	284,2 k €	+6.7%	266,3 k €	+13.6%	234,5 k €	-2.5%	240,3 k €	+14.7%	209,6 k €	-13.4%	242,2 k €
Cash	1,5 M €	+118%	685,2 k €	-12.2%	780,3 k €	-26.9%	1,1 M €	-9.8%	1,2 M €	+0.5%	1,2 M €	+16.3%	1 M €	+34.2%	754,4 k €	+32.6%	569,1 k €	+38.5%	411 k €	+106%	199,7 k €	+20.6%	165,6 k €	-41.1%	281,1 k €	+2.2%	275 k €	+393%	55,8 k €	-31.2%	81,1 k €	+145%	33,1 k €	-55.0%	73,5 k €	-10.2%	81,9 k €	-11.6%	92,6 k €
Debts	16,6 k €	-59.1%	40,6 k €	-50.5%	82 k €	+713%	10,1 k €	-86.9%	76,9 k €	-79.2%	370 k €	+17.7%	314,2 k €	+401%	62,8 k €	-1.3%	63,6 k €	-46.0%	117,9 k €	+12.7%	104,6 k €	+9.1%	95,9 k €	-54.6%	211,2 k €	-2.9%	217,6 k €	+320%	51,8 k €	-75.0%	207,4 k €	+292%	52,9 k €	-70.5%	179,4 k €	+166%	67,4 k €	-63.0%	182,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Guy Struyf

Director

Active

Ended mandates

Guy Struyf

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Crauwels - Van Dam Accountants● Active	0887.058.664

Annual accounts

Full financial information

	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	18/07/2026	23/07/2025	30/07/2024	27/07/2023	18/07/2022	30/07/2021
General meeting	20/06/2026	30/06/2025	30/06/2024	30/06/2023	18/06/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	18/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	09/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	13/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

Guy Struyf

Director

Active

Ended mandates

Guy Struyf

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/05/2018
KAPITAAL - AANDELEN
PDF
Capital / shares28/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares04/02/2005
DIVERSEN - KAPITAAL - AANDELEN
PDF
Other29/07/2003
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

2025
Annual accounts 2025399,6 k €↓
2024
Annual accounts 2024426,6 k €↓
2023
Annual accounts 2023479,9 k €↓
2022
Annual accounts 2022533,4 k €↓
2021
Annual accounts 2021788 k €↑
2020
Annual accounts 2020600,7 k €↑
2019
Annual accounts 2019376,8 k €↑
2018
Annual accounts 2018276,1 k €↑
2017
Annual accounts 2017207,6 k €↑
2016
Annual accounts 2016188,3 k €↑
2015
Annual accounts 2015145,8 k €↑
2014
Annual accounts 2014119,8 k €↓
2013
Annual accounts 2013172,6 k €↓
2012
Annual accounts 2012177,6 k €↑
2011
Annual accounts 2011173,4 k €↑
2010
Annual accounts 2010165,3 k €↑
2009
Annual accounts 2009123 k €↑
2008
Annual accounts 2008114,8 k €↑
2007
Annual accounts 200782,5 k €↓
2006
Annual accounts 2006142,9 k €
22/07/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GIRITRON

Overview

What does GIRITRON do?

Trend over 20 financial years

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