Fitec is a commercial agency in Zedelgem. Public Limited, started on 28 September 1979, 1 establishment.

What is the address of Fitec?

The registered office of Fitec is located at Industriestraat 9, 8211 Zedelgem.

Is Fitec still active?

Yes. According to the CBE (30 October 2026) Fitec is active, legal situation “Normale toestand”, started on 28 September 1979.

Is Fitec registered on Peppol?

Yes, Fitec is registered on the Peppol network with ID 0208:0419840051.

What is the enterprise number of Fitec?

The enterprise number of Fitec is BE0419840051.

When was Fitec founded?

Fitec was founded on 28 September 1979.

Who are the directors of Fitec?

According to the 2025 annual accounts, the directors of Fitec are: Steven Verraes.

Is Fitec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 September 1979; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Fitec make in 2025?

Fitec recorded a loss after taxes of € 820,678 in financial year 2025.

What is the revenue of Fitec?

In its most recent annual accounts (2025), Fitec reported revenue of € 2,060,832.

How much does an employee at Fitec earn?

The average wage cost per full-time employee at Fitec was € 105,300 in 2025: staff costs of € 452,926 for 4.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Fitec have?

According to the 2025 annual accounts, Fitec has 4.3 full-time equivalents (FTE).

Does Fitec have a website?

Yes, Fitec has a website at meubar.be.

Fitec (Public Limited) - Zedelgem - BE0419840051

Dossier Fitec, printed on 30 October 2026 from databakkes.be/en/0419840051/fitec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Fitec from Zedelgem, company number BE0419840051, closed financial year 2025 with a result of € -820,678 after tax. For that financial year Fitec recorded revenue of € 2.1 million and equity of € 20 million. Compared with financial year 2024, the result moved from € 5.1 million to € -820,678. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Healthy

€ 20 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -820,678

▼ still € 5.1 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,203

▼ 92% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 20 million.

People and assets in 2025

Full-time equivalents

4.3

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 881,610 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 452,926

▼ 9% vs 2024

€ 105,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 131,754

▲ 97% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.3 million

€ 577,620 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 303,463

▲ 58% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 126 days on average.

Taxes and wages

€ 273,150

▲ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,885,079 Revenue 2022: € 1,885,079 First fiscal year in the series	€ 1,949,647 Revenue 2023: € 1,949,647 ▲ 3% vs 2022 (€ 1,885,079) Favourable step	€ 1,910,476 Revenue 2024: € 1,910,476 ▼ 2% vs 2023 (€ 1,949,647) Unfavourable step	€ 2,060,832 Revenue 2025: € 2,060,832 ▲ 8% vs 2024 (€ 1,910,476) Favourable step	▲ 8%
Profit after taxes	€ -202,704 Profit after taxes 2022: € -202,704 First fiscal year in the series	€ -172,155 Profit after taxes 2023: € -172,155 ▲ € 30,549 vs 2022 (€ -202,704) Favourable step	€ 5,120,930 Profit after taxes 2024: € 5,120,930 ▲ € 5.3 million vs 2023 (€ -172,155) Favourable step	€ -820,678 Profit after taxes 2025: € -820,678 ▼ € 5.9 million vs 2024 (€ 5,120,930) Unfavourable step	▼ € 5.9 million
Equity	€ 16,154,968 Equity 2022: € 16,154,968 First fiscal year in the series	€ 15,982,813 Equity 2023: € 15,982,813 ▼ 1% vs 2022 (€ 16,154,968) Unfavourable step	€ 20,838,055 Equity 2024: € 20,838,055 ▲ 30% vs 2023 (€ 15,982,813) Favourable step	€ 20,017,377 Equity 2025: € 20,017,377 ▼ 4% vs 2024 (€ 20,838,055) Unfavourable step	▼ 4%
Total debts	€ 5,261,947 Total debts 2022: € 5,261,947 First fiscal year in the series	€ 6,762,721 Total debts 2023: € 6,762,721 ▲ 29% vs 2022 (€ 5,261,947) Unfavourable step	€ 3,677,941 Total debts 2024: € 3,677,941 ▼ 46% vs 2023 (€ 6,762,721) Favourable step	€ 3,857,567 Total debts 2025: € 3,857,567 ▲ 5% vs 2024 (€ 3,677,941) Unfavourable step	▲ 5%
Cash	€ 27,491 Cash 2022: € 27,491 First fiscal year in the series	€ 9,186 Cash 2023: € 9,186 ▼ 67% vs 2022 (€ 27,491) Unfavourable step	€ 121,040 Cash 2024: € 121,040 ▲ € 111,854 vs 2023 (€ 9,186) Favourable step	€ 9,203 Cash 2025: € 9,203 ▼ 92% vs 2024 (€ 121,040) Unfavourable step	▼ 92%
Land & buildings	€ 6,547,360 Land & buildings 2022: € 6,547,360 First fiscal year in the series	€ 8,212,108 Land & buildings 2023: € 8,212,108 ▲ 25% vs 2022 (€ 6,547,360) Unchanged	€ 8,988,510 Land & buildings 2024: € 8,988,510 ▲ 9% vs 2023 (€ 8,212,108) Unchanged	€ 10,282,041 Land & buildings 2025: € 10,282,041 ▲ 14% vs 2024 (€ 8,988,510) Unchanged	▲ 14%
Retained profit	€ 16,093,468 Retained profit 2022: € 16,093,468 First fiscal year in the series	€ 15,921,313 Retained profit 2023: € 15,921,313 ▼ 1% vs 2022 (€ 16,093,468) Unfavourable step	€ 20,776,555 Retained profit 2024: € 20,776,555 ▲ 30% vs 2023 (€ 15,921,313) Favourable step	€ 19,955,877 Retained profit 2025: € 19,955,877 ▼ 4% vs 2024 (€ 20,776,555) Unfavourable step	▼ 4%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 265,688 Dividend 2024: € 265,688 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 265,688) Unchanged	▼ 100%
Bank debt	€ 4,190,468 Bank debt 2022: € 4,190,468 First fiscal year in the series	€ 5,269,513 Bank debt 2023: € 5,269,513 ▲ 26% vs 2022 (€ 4,190,468) Unfavourable step	€ 3,275,225 Bank debt 2024: € 3,275,225 ▼ 38% vs 2023 (€ 5,269,513) Favourable step	€ 3,280,953 Bank debt 2025: € 3,280,953 Unchanged (€ 3,275,225) Unfavourable step
Balance sheet total	€ 21,416,915 Balance sheet total 2022: € 21,416,915 First fiscal year in the series	€ 22,745,534 Balance sheet total 2023: € 22,745,534 ▲ 6% vs 2022 (€ 21,416,915) Unchanged	€ 24,515,996 Balance sheet total 2024: € 24,515,996 ▲ 8% vs 2023 (€ 22,745,534) Unchanged	€ 23,874,943 Balance sheet total 2025: € 23,874,943 ▼ 3% vs 2024 (€ 24,515,996) Unchanged	▼ 3%
Employees (FTE)	4.6 Employees (FTE) 2022: 4.6 First fiscal year in the series	5 Employees (FTE) 2023: 5 ▲ 0.4 vs 2022 (4.6) Unchanged	4.3 Employees (FTE) 2024: 4.3 ▼ 0.7 vs 2023 (5) Unchanged	4.3 Employees (FTE) 2025: 4.3 Unchanged (4.3) Unchanged

Key figures of Fitec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Fitec?

What happened at Fitec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 15, 2026 New annual accounts for financial year 2025: loss of € 820,678 (▼ € 5.9 million vs 2024). Source: NBB ↗
2020 Steven Verraes became a director. NBB
Oct 1, 1979 New establishment in Zedelgem. KBO
Sep 28, 1979 Start of the company according to the CBE. KBO

In short

From € 202,704 loss in 2022 to € 820,678 loss in 2025.

Paid € 194,926 in corporate taxes since 2022.

Best year ever: 2024, with € 5.1 million profit.

Paid out € 265,688 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Steven Verraes

Fitec

Meubar 100%

BALIPATI 100%

Evan Furniture 100%

Behind Fitec is Steven Verraes. It owns 100% of Meubar, 100% of BALIPATI and 100% of Evan Furniture itself.

Directors

According to the 2025 annual accounts

Steven Verraes

Director

Also active at: Meubar, EVAN FURNITURE, BALIPATI

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Industriestraat 9

8211 Zedelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Meubar same network

€ 11.5 million revenue · 2025

EVAN FURNITURE same network

€ 905,271 gross margin · 2025

BALIPATI same network

€ -2,552 gross margin · 2025

MEUBAR GROEP

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS meubar.be

Canonical: https://tomorrowfurniture.com/

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

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Details

Company number

0419.840.051

VAT number

BE 0419.840.051

Registered office

Industriestraat 9, 8211 Zedelgem

Names & denominations

Fitec

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 September 1979

Peppol

Active · Active since 1 Jan 2001

Contact

meubar.be

Activities · NACE

Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren

View on CBE Public ↗ Annual accounts (NBB) ↗

Fitec

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Financials

What happened to Fitec?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

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