Financials
Financial year 2025
SITIS from Tienen, company number BE0428570645, closed financial year 2025 with a result of € 7,862 after tax. For that financial year SITIS recorded a gross margin of € 254,380 and equity of € 92,629. Compared with financial year 2024, the result moved from € 18,361 to € 7,862. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 92,629
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,862
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 88,445
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -25,963.
People and assets in 2025
3
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 169,997
▲ 44% vs 2024
€ 56,700 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.
€ 44,282
Of which on lease € 14,529.
Debts at end 2025
€ 36,981
€ 10,212 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 272,469
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,678
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,238,456 | € 250,414 | € 191,576 | € 254,380 | ▲ 33% |
| Profit after taxes | € 988,033 | € 14,391 | € 18,361 | € 7,862 | ▼ 57% |
| Equity | € 52,014 | € 66,405 | € 84,767 | € 92,629 | ▲ 9% |
| Total debts | € 1,145,321 | € 983,483 | € 875,041 | € 869,399 | ▼ 1% |
| Cash | € 0 | € 9,453 | € 93,694 | € 88,445 | ▼ 6% |
| Land & buildings | € 169,704 | € 149,590 | € 129,476 | € 109,362 | ▼ 16% |
| Retained profit | € -66,578 | € -52,187 | € -33,825 | € -25,963 | ▲ € 7,862 |
| Bank debt | € 6,163 | € 0 | € 0 | € 36,981 | |
| Balance sheet total | € 1,197,336 | € 1,049,889 | € 959,807 | € 962,028 | |
| Employees (FTE) | 2.9 | 2 | 2 | 3 | ▲ 1 |
Key figures of SITIS, 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 SITIS?
What happened at SITIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,862 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 988,033 profit in 2022 to € 7,862 profit in 2025.
Paid € 19,939 in corporate taxes since 2022.
Best year ever: 2022, with € 988,033 profit.
On average € 84,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Esperantolaan 3
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0428.570.645
- VAT number
- BE 0428.570.645
- Registered office
- Esperantolaan 3, 3300 Tienen
- Names & denominations
- SITIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1986
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- sitis.be +32 16 82 09 47
- Activities · NACE
Groothandel in kantoor- en winkelmeubelen
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
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