ACTIVE

LetzGo

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Financial year 2024 · closed on 31/12/2024

Net result

7 k €

-25.7% YoY

Gross margin

23,8 k €

+9.5% YoY

Equity

57,7 k €

+13.8% YoY

What does LetzGo do?

LetzGo is a Private limited company incorporated in 2005. Its main activity is: Computer consultancy activities. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.987.481

Incorporation

12/12/2005

Legal form

Private limited company

Registered office

Spoorwegstraat 8 box d
2220 Heist-op-den-Berg · FlandreSee on map

Latest accounts

31/12/2024

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	23,8 k €	+9.5%	21,7 k €	+17.5%	18,5 k €	-51.1%	37,8 k €	+89.1%	20 k €	+49.0%	13,4 k €	-34.3%	20,4 k €	-17.0%	24,6 k €	+72.2%	14,3 k €	-52.9%	30,3 k €	+28.6%	23,6 k €	+2678%	-915,2 €	-103%	28,3 k €	+77.8%	15,9 k €	-48.3%	30,8 k €	-43.6%	54,7 k €	+23.8%	44,2 k €	+9.1%	40,5 k €
EBITDA	23 k €	+14.2%	20,2 k €	+15.6%	17,4 k €	-52.6%	36,8 k €	+90.4%	19,3 k €	+56.9%	12,3 k €	-36.1%	19,3 k €	+701%	2,4 k €	+115%	-16,3 k €	-590%	3,3 k €	-85.3%	22,6 k €	+1110%	-2,2 k €	-108%	27,3 k €	+84.0%	14,8 k €	-50.9%	30,2 k €	-44.2%	54,1 k €	+24.3%	43,5 k €	+7.5%	40,5 k €
Operating result	13 k €	-12.7%	14,9 k €	+10.8%	13,4 k €	-60.8%	34,3 k €	+95.0%	17,6 k €	+62.5%	10,8 k €	-39.8%	17,9 k €	+4047%	-454,8 €	+98.2%	-25,5 k €	-105%	-12,5 k €	-273%	7,2 k €	+154%	-13,4 k €	-185%	15,7 k €	+142%	6,5 k €	-72.2%	23,3 k €	-52.1%	48,6 k €	+30.7%	37,2 k €	+0.1%	37,2 k €
Net result	7 k €	-25.7%	9,4 k €	+13.4%	8,3 k €	-67.0%	25,1 k €	+62.5%	15,5 k €	+50.0%	10,3 k €	-43.1%	18,1 k €	+401%	-6 k €	+80.6%	-31 k €	-84.4%	-16,8 k €	-809%	2,4 k €	+115%	-16,3 k €	-264%	10 k €	+300%	2,5 k €	-84.7%	16,4 k €	-47.4%	31,1 k €	+25.9%	24,7 k €	-0.5%	24,8 k €
Balance sheet
Equity	57,7 k €	+13.8%	50,7 k €	+6.8%	47,5 k €	+15.7%	41 k €	+158%	15,9 k €	+3671%	421,3 €	+104%	-9,9 k €	+64.7%	-28 k €	-27.4%	-22 k €	-344%	9 k €	-65.1%	25,8 k €	+10.1%	23,5 k €	-41.1%	39,8 k €	+33.4%	29,8 k €	+9.1%	27,3 k €	+133%	11,7 k €	-74.3%	45,6 k €	-0.7%	46 k €
Total assets	93,2 k €	-0.0%	93,2 k €	+47.1%	63,4 k €	-5.5%	67 k €	+35.8%	49,3 k €	+28.3%	38,5 k €	+30.1%	29,6 k €	+52.3%	19,4 k €	-87.8%	158,8 k €	-9.3%	175 k €	-9.1%	192,4 k €	+26.6%	152,1 k €	+122%	68,4 k €	+14.0%	60 k €	+0.7%	59,5 k €	-31.5%	87 k €	+2.9%	84,5 k €	+48.8%	56,8 k €
Cash	30 k €	+6.5%	28,1 k €	-23.7%	36,9 k €	-17.0%	44,4 k €	+42.1%	31,3 k €	+58.1%	19,8 k €	+41.1%	14 k €	+75.4%	8 k €	+409%	1,6 k €	+131%	678,3 €	-92.3%	8,8 k €	+70.6%	5,2 k €	-77.1%	22,5 k €	-20.1%	28,1 k €	+19.7%	23,5 k €	+59.6%	14,7 k €	-24.6%	19,5 k €	+89.1%	10,3 k €
Debts	35,5 k €	-16.5%	42,5 k €	+167%	15,9 k €	-38.8%	26 k €	-22.3%	33,5 k €	-12.1%	38 k €	-3.6%	39,5 k €	-16.8%	47,4 k €	-73.8%	180,8 k €	+8.9%	166 k €	-0.4%	166,6 k €	+29.6%	128,6 k €	+350%	28,6 k €	-5.2%	30,1 k €	-6.4%	32,2 k €	-57.2%	75,3 k €	+93.7%	38,9 k €	+259%	10,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,8 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Yves Vander Veecken

Director

Active

Ended mandates

Yves Vander Veecken

Director · since 28 mars 2007

Ended

Yves Vander Veecken

Director · since 12 décembre 2005

Ended

Yves Vander Veecken

Manager · since 12 décembre 2005

Ended

Yves Vander Veecken

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2025	11/07/2024	03/07/2023	04/07/2022	12/07/2021	10/07/2020
General meeting	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021	29/06/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	28/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	11/07/2024	Dutch	PDF
Micro model	31/12/2022	24/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	26/06/2021	12/07/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	10/07/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	20/02/2009	21/04/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	23/07/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 4 ended

Active mandates

Yves Vander Veecken

Director

Active

Ended mandates

Yves Vander Veecken

Director · since 28 mars 2007

Ended

Yves Vander Veecken

Director · since 12 décembre 2005

Ended

Yves Vander Veecken

Manager · since 12 décembre 2005

Ended

Yves Vander Veecken

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2024
Annual accounts 20247 k €↓
2023
Annual accounts 20239,4 k €↑
2022
Annual accounts 20228,3 k €↓
2021
Annual accounts 202125,1 k €↑
2020
Annual accounts 202015,5 k €↑
2019
Annual accounts 201910,3 k €↓
2018
Annual accounts 201818,1 k €↑
2017
Annual accounts 2017-6 k €↑
2016
Annual accounts 2016-31 k €↓
2015
Annual accounts 2015-16,8 k €↓
2014
Annual accounts 20142,4 k €↑
2013
Annual accounts 2013-16,3 k €↓
2012
Annual accounts 201210 k €↑
2011
Annual accounts 20112,5 k €↓
2010
Annual accounts 201016,4 k €↓
2009
Annual accounts 200931,1 k €↑
2008
Annual accounts 200824,7 k €↓
2007
Annual accounts 200724,8 k €
12/12/2005
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

LetzGo

Overview

What does LetzGo do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline