ACTIVE

BITWORKS

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Financial year 2025 · closed on 30/06/2025
Net result
42,3 k €
-18.3% YoY
Gross margin
139,3 k €
+34.9% YoY
Equity
169,2 k €
-15.5% YoY

What does BITWORKS do?

BITWORKS is a Private limited company incorporated in 2008. Its main activity is: Repair of computers and communication equipment. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.315.218
Incorporation
27/05/2008
Legal form
Private limited company
Registered office
Martelaarslaan 450 L
9000 Gent · FlandreSee on map
Latest accounts
30/06/2025
Activities (NACE)
95100Repair of computers and communication equipment· main95110Repair of computers and peripheral equipment62010Computer programming activities62020Computer consultancy activities62090Other information technology and computer service activities62100Computer programming, consultancy and related activities+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin139,3 k €103,3 k €121,2 k €48,5 k €110 k €125,8 k €131,1 k €101,3 k €80,1 k €53,3 k €52,3 k €42,9 k €49,3 k €47 k €40,2 k €20,5 k €24 k €
EBITDA138,5 k €102,3 k €120,3 k €47,8 k €109,3 k €125,1 k €129,6 k €100,5 k €79,7 k €52,9 k €51,9 k €42,5 k €48,2 k €46,4 k €39,7 k €19,9 k €23,1 k €
Operating result137,9 k €102,1 k €113,2 k €36,9 k €97,4 k €112,7 k €117,9 k €94,9 k €73,8 k €46,8 k €45,2 k €36,1 k €42,1 k €39 k €33,5 k €13,7 k €15,8 k €
Net result42,3 k €51,8 k €31,9 k €-30,2 k €2,4 k €64,1 k €81,7 k €56,9 k €44 k €25 k €27,7 k €25 k €27,7 k €26,8 k €19,2 k €8 k €9,6 k €
Balance sheet
Equity169,2 k €200,3 k €211,6 k €299,8 k €330 k €356,8 k €292,8 k €238,7 k €181,8 k €137,8 k €112,9 k €85,2 k €61 k €34,1 k €8,1 k €22,2 k €15 k €
Total assets304,4 k €396,1 k €319,5 k €328,4 k €355,7 k €413,4 k €365,4 k €291,8 k €226,7 k €174 k €160,8 k €128,1 k €111,2 k €63,6 k €80,9 k €62,7 k €62,6 k €
Cash99,4 k €361,8 k €186,5 k €180,2 k €153,1 k €252,8 k €110,2 k €103,4 k €61,6 k €54,4 k €54,8 k €90,4 k €5,2 k €11 k €162 €761,2 €20,8 k €
Debts135,2 k €195,8 k €107,4 k €28,2 k €24,9 k €55,4 k €70,2 k €52,3 k €44 k €35,3 k €47,1 k €42,1 k €49,4 k €28,5 k €71,1 k €38,8 k €45,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 5 ended

Active mandates

Peter Sachem

Director

Active
Veerle Decroos

Director

Active

Ended mandates

Veerle Decroos

Director · since 02 janvier 2018

Ended
Veerle Decroos

Manager · since 02 janvier 2018

Ended
Peter Sachem

Director · since 03 juin 2008

Ended
Peter Sachem

Manager · since 03 juin 2008

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/12/202527/01/202530/01/202405/01/202328/01/202227/01/2021
General meeting01/12/202530/12/202429/12/202328/12/202230/12/202114/12/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202501/12/202505/12/2025DutchPDF
Micro model30/06/202430/12/202427/01/2025DutchPDF
Micro model30/06/202329/12/202330/01/2024DutchPDF
Micro model30/06/202228/12/202205/01/2023DutchPDF
Micro model30/06/202130/12/202128/01/2022DutchPDF
Micro model30/06/202014/12/202027/01/2021DutchPDF
Micro model30/06/201930/12/201914/01/2020DutchPDF
Micro model30/06/201814/12/201808/01/2019DutchPDF
Micro model30/06/201713/11/201722/12/2017DutchPDF
Abridged model30/06/201618/11/201622/12/2016DutchPDF
Abridged model30/06/201507/12/201524/12/2015DutchPDF
Abridged model30/06/201402/12/201422/12/2014DutchPDF
Abridged model30/06/201318/11/201324/12/2013DutchPDF
Abridged model30/06/201207/12/201221/12/2012DutchPDF
Abridged model30/06/201109/12/201130/01/2012DutchPDF
Abridged model30/06/201021/12/201022/12/2010DutchPDF
Abridged model30/06/200909/12/200922/12/2009DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 5 ended

Active mandates

Peter Sachem

Director

Active
Veerle Decroos

Director

Active

Ended mandates

Veerle Decroos

Director · since 02 janvier 2018

Ended
Veerle Decroos

Manager · since 02 janvier 2018

Ended
Peter Sachem

Director · since 03 juin 2008

Ended
Peter Sachem

Manager · since 03 juin 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates01/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/09/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other12/06/2008
    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

Timeline

  1. 2025
    Annual accounts 202542,3 k €↓
  2. 2024
    Annual accounts 202451,8 k €↑
  3. 2023
    Annual accounts 202331,9 k €↑
  4. 2022
    Annual accounts 2022-30,2 k €↓
  5. 2021
    Annual accounts 20212,4 k €↓
  6. 2020
    Annual accounts 202064,1 k €↓
  7. 2019
    Annual accounts 201981,7 k €↑
  8. 2018
    Annual accounts 201856,9 k €↑
  9. 2017
    Annual accounts 201744 k €↑
  10. 2016
    Annual accounts 201625 k €↓
  11. 2015
    Annual accounts 201527,7 k €↑
  12. 2014
    Annual accounts 201425 k €↓
  13. 2013
    Annual accounts 201327,7 k €↑
  14. 2012
    Annual accounts 201226,8 k €↑
  15. 2011
    Annual accounts 201119,2 k €↑
  16. 2010
    Annual accounts 20108 k €↓
  17. 2009
    Annual accounts 20099,6 k €
  18. 27/05/2008
    IncorporationPrivate limited company