ACTIVE

On IT Belgium

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Financial year 2024 · closed on 31/12/2024
Net result
20 k €
-94.7% YoY
Gross margin
3 M €
-17.8% YoY
Equity
2,3 M €
+169.7% YoY
Workforce
32,2 ETP
+22.0% YoY

What does On IT Belgium do?

On IT Belgium is a Private limited company incorporated in 2003. Its registered office is in Antwerpen. It employs on average 32,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0861.960.113
Incorporation
02/12/2003
Legal form
Private limited company
Registered office
Jan van Gentstraat 7 box 302
2000 Antwerpen · FlandreSee on map
Contributed capital
920 000,00 €
Latest accounts
31/12/2024
Average workforce
32,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420222019201720162015201420132012201120102009200820072006
Income statement
Gross margin3 M €3,6 M €3,1 M €1,8 M €1,5 M €1,3 M €1,1 M €946,9 k €673,3 k €643 k €455,6 k €390,8 k €318,9 k €261,5 k €141,9 k €
EBITDA338,4 k €369,2 k €582,6 k €219,7 k €262,7 k €184,9 k €156,6 k €158,4 k €69 k €103,5 k €153,9 k €92,9 k €-19,9 k €53,9 k €80,5 k €
Operating result55,6 k €290,8 k €457 k €92,9 k €171,5 k €90,4 k €77,7 k €65,5 k €53,9 k €60,6 k €123,2 k €61,6 k €-54,7 k €33,8 k €70,7 k €
Net result20 k €374,5 k €237,9 k €5,1 k €60 k €2 k €3,4 k €3,3 k €6,1 k €16,4 k €56,9 k €38,2 k €-65,9 k €13,4 k €49,2 k €
Balance sheet
Equity2,3 M €838,2 k €239 k €151,2 k €146,1 k €86,1 k €84,1 k €80,6 k €77,3 k €71,2 k €113,7 k €56,7 k €18,5 k €84,4 k €71 k €
Total assets6,3 M €3,4 M €3,6 M €2,2 M €2,1 M €2 M €1,1 M €1,2 M €669,3 k €648,3 k €430,1 k €397,7 k €317,4 k €379 k €251,2 k €
Cash527,2 k €370,9 k €327,9 k €313,4 k €284 k €361,7 k €173,2 k €171,4 k €148,8 k €129,8 k €34,2 k €565,9 €7,4 k €89,1 k €43,9 k €
Debts3,9 M €2,6 M €3,4 M €2 M €2 M €1,9 M €1 M €1,1 M €592 k €577,1 k €316,5 k €341 k €298,8 k €294,6 k €180,2 k €
Other
Workforce32,2 ETP26,4 ETP28,5 ETP24,7 ETP19,2 ETP19,4 ETP17,0 ETP13,0 ETP9,4 ETP9,0 ETP7,0 ETP6,1 ETP7,3 ETP5,4 ETP1,6 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 31/12/2024 · 2 active · 16 ended

Active mandates

On IT

Director · since 01 janvier 2025 · 0776.511.229

Represented by Pieter Lathouwers

Active
TVH ADVISORY

Director · since 01 janvier 2025 · 0834.095.872

Represented by Thomas Vanholme

Active

Ended mandates

On IT

Director · since 01 janvier 2023 · 0776.511.229

Represented by Pieter Lathouwers

Ended
AROUND II

Director · since 15 novembre 2021 · 0774.572.714

Represented by De PAUW LAURENT

Ended
Jan Huybrechts

Director · since 15 novembre 2021

Ended
De Morgenster

Manager · since 03 juin 2013 · 0833.781.910

Represented by Jan Huybrechts

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/04/202101/04/202001/04/201901/01/2018
Closing of the financial year31/12/202431/12/202331/12/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months21 months12 months12 months15 months
Filing date29/07/202526/07/202430/06/202330/09/202115/10/202024/10/2019
General meeting30/06/202528/06/202401/06/202301/09/202122/09/202002/09/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202529/07/2025DutchPDF
Abridged model31/12/202328/06/202426/07/2024DutchPDF
Abridged model31/12/202201/06/202330/06/2023DutchPDF
Abridged model31/03/202101/09/202130/09/2021DutchPDF
Abridged model31/03/202022/09/202015/10/2020DutchPDF
Abridged model31/03/201902/09/201924/10/2019DutchPDF
Abridged model31/12/201715/06/201806/07/2018DutchPDF
Abridged model31/12/201622/06/201720/07/2017DutchPDF
Abridged model31/12/201501/06/201601/07/2016DutchPDF
Abridged model31/12/201401/06/201519/06/2015DutchPDF
Abridged model31/12/201302/06/201402/07/2014DutchPDF
Abridged model31/12/201203/06/201302/07/2013DutchPDF
Abridged model31/12/201101/06/201213/06/2012DutchPDF
Abridged model31/12/201017/05/201114/06/2011DutchPDF
Abridged model31/12/200901/06/201003/06/2010DutchPDF
Abridged model31/12/200802/06/200922/06/2009DutchPDF
Abridged model31/12/200702/06/200806/06/2008DutchPDF
Abridged model31/12/200601/06/200701/06/2007DutchPDF
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 31/12/2024 · 2 active · 16 ended

Active mandates

On IT

Director · since 01 janvier 2025 · 0776.511.229

Represented by Pieter Lathouwers

Active
TVH ADVISORY

Director · since 01 janvier 2025 · 0834.095.872

Represented by Thomas Vanholme

Active

Ended mandates

On IT

Director · since 01 janvier 2023 · 0776.511.229

Represented by Pieter Lathouwers

Ended
AROUND II

Director · since 15 novembre 2021 · 0774.572.714

Represented by De PAUW LAURENT

Ended
Jan Huybrechts

Director · since 15 novembre 2021

Ended
De Morgenster

Manager · since 03 juin 2013 · 0833.781.910

Represented by Jan Huybrechts

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office18/08/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring24/01/2025
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/01/2025
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/11/2024
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/11/2024
    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. 2024
    Annual accounts 202420 k €↓
  2. 2024
    Name changeOn IT Belgium
  3. 2022
    Annual accounts 2022374,5 k €↑
  4. 2022
    Name changeComitor
  5. 2019
    Annual accounts 2019237,9 k €↑
  6. 2017
    Annual accounts 20175,1 k €↓
  7. 2016
    Annual accounts 201660 k €↑
  8. 2015
    Annual accounts 20152 k €↓
  9. 2014
    Annual accounts 20143,4 k €↑
  10. 2013
    Annual accounts 20133,3 k €↓
  11. 2012
    Annual accounts 20126,1 k €↓
  12. 2011
    Annual accounts 201116,4 k €↓
  13. 2010
    Annual accounts 201056,9 k €↑
  14. 2009
    Annual accounts 200938,2 k €↑
  15. 2008
    Annual accounts 2008-65,9 k €↓
  16. 2007
    Annual accounts 200713,4 k €↓
  17. 2006
    Annual accounts 200649,2 k €
  18. 02/12/2003
    IncorporationPrivate limited company