ACTIVE

Dr. Geert Tits

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Financial year 2025 · Closed on 31/12/2025

Net result44,4 k €+22,9 %over 1 year
Gross margin75,3 k €-9,8 %over 1 year
Equity345,7 k €-2,8 %over 1 year

Identity

Source · BCE/KBO

Dr. Geert Tits is a Private limited company incorporated in 2006. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Tielt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.801.030
Incorporation
20/12/2006
Legal form
Private limited company
Registered office
Schuiferskapelsesteenweg 33
8700 Tielt · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin75,3 k €83,5 k €144,7 k €181,1 k €111,3 k €
EBITDA72,2 k €76,6 k €140,6 k €172,7 k €103,7 k €
Operating result57,5 k €53,5 k €117 k €152,7 k €83,3 k €
Net result44,4 k €36,1 k €81,1 k €105,4 k €58,6 k €
Balance sheet
Equity345,7 k €355,7 k €407,8 k €376,8 k €336,3 k €
Total assets413,6 k €459,5 k €472,3 k €464,3 k €391,8 k €
Cash179,3 k €80,7 k €206,4 k €178,5 k €95 k €
Debts67,8 k €103,7 k €64,3 k €86,9 k €55,5 k €

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

1 active · 1 ended

Active mandates

Geert Tits

Director

Active

Ended mandates

Geert Tits

Manager

Ended

Full financial information

Source · NBB
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 date01/07/202616/07/202519/07/202425/07/202326/08/202201/09/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202601/07/2026DutchPDF
Micro model31/12/202413/06/202516/07/2025DutchPDF
Micro model31/12/202314/06/202419/07/2024DutchPDF
Micro model31/12/202209/06/202325/07/2023DutchPDF
Micro model31/12/202110/06/202226/08/2022DutchPDF
Micro model31/12/202011/06/202101/09/2021DutchPDF
Micro model31/12/201912/06/202029/10/2020DutchPDF
Micro model31/12/201814/06/201921/11/2019DutchPDF
Micro model31/12/201708/06/201830/08/2018DutchPDF
Micro model31/12/201609/06/201730/08/2017DutchPDF
Abridged model31/12/201524/06/201626/07/2016DutchPDF
Abridged model31/12/201412/06/201531/08/2015DutchPDF
Abridged model31/12/201313/06/201429/08/2014DutchPDF
Abridged model31/12/201214/06/201328/06/2013DutchPDF
Abridged model31/12/201108/06/201227/08/2012DutchPDF
Abridged model31/12/201010/06/201120/09/2011DutchPDF
Abridged model31/12/200930/06/201030/08/2010DutchPDF
Abridged model31/12/200812/06/200930/06/2009DutchPDF
Abridged model31/12/200730/06/200830/07/2008DutchPDF

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

1 active · 1 ended

Active mandates

Geert Tits

Director

Active

Ended mandates

Geert Tits

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/07/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares17/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Other02/02/2007
    DIVERSEN
    PDF
  • Other02/01/2007
    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

  1. 2025
    Annual accounts 202544,4 k €↑
  2. 2024
    Annual accounts 202436,1 k €↓
  3. 2023
    Annual accounts 202381,1 k €↓
  4. 2022
    Annual accounts 2022105,4 k €↑
  5. 2021
    Annual accounts 202158,6 k €↑
  6. 2020
    Annual accounts 202054,4 k €↓
  7. 2019
    Annual accounts 201988,2 k €↑
  8. 2018
    Annual accounts 201851,7 k €↓
  9. 2017
    Annual accounts 2017100,5 k €↑
  10. 2016
    Annual accounts 201647,3 k €↓
  11. 2015
    Annual accounts 201573,9 k €↑
  12. 2014
    Annual accounts 201457,1 k €↑
  13. 2013
    Annual accounts 201343 k €↓
  14. 2012
    Annual accounts 201273 k €↓
  15. 2011
    Annual accounts 2011100,1 k €↑
  16. 2010
    Annual accounts 201078,7 k €↑
  17. 2009
    Annual accounts 200924,3 k €↓
  18. 2008
    Annual accounts 200862,7 k €↑
  19. 2007
    Annual accounts 200729,4 k €
  20. 20/12/2006
    IncorporationPrivate limited company