Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 5.3 to 4.1.
Financials
Financial year 2025
HITALTECH from Oudergem, company number BE0428666952, closed financial year 2025 with a result of € -28,874 after tax. For that financial year HITALTECH recorded a gross margin of € 167,334 and equity of € 749,983. Compared with financial year 2024, the result moved from € -10,314 to € -28,874. 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 June 1, 2026.
€ 749,983
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,874
▼ 180 % more loss than in 2024
Profit after tax over the fiscal year.
€ 299,902
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 687,983.
People and assets in 2025
4.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 268,026
▼ 15% vs 2024
€ 65,400 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.
€ 25,321
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 197,017
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,628
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 312,690 | € 254,908 | € 239,109 | € 167,334 | ▼ 30% |
| Profit after taxes | € 126,159 | € 4,341 | € -10,314 | € -28,874 | ▼ € 18,560 |
| Equity | € 784,798 | € 789,139 | € 778,825 | € 749,983 | ▼ 4% |
| Total debts | € 297,014 | € 275,668 | € 273,066 | € 291,153 | ▲ 7% |
| Cash | € 390,534 | € 288,220 | € 271,688 | € 299,902 | ▲ 10% |
| Land & buildings | € 91,691 | € 87,596 | € 83,501 | € 79,406 | ▼ 5% |
| Retained profit | € 722,798 | € 727,139 | € 716,825 | € 687,983 | ▼ 4% |
| Dividend | € 50,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,081,812 | € 1,064,807 | € 1,051,891 | € 1,041,136 | ▼ 1% |
| Employees (FTE) | 4.2 | 5.3 | 5 | 4.1 | ▼ 0.9 |
Key figures of HITALTECH, 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 HITALTECH?
What happened at HITALTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fabrizio Massimo stepped down as director. NBB
- Véronique Mihail stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,874. Source: NBB ↗
- Fabrizio Massimo became a director. NBB
- Véronique Mihail became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,159 profit in 2022 to € 28,874 loss in 2025.
Paid € 28,212 in corporate taxes since 2022.
Best year ever: 2022, with € 126,159 profit.
On average € 40,800 of value added per employee in 2025.
Management
It owns 100% of HITALTECH GmbH, 49% of HITALTECH CORPORATION, 37% of HITALTECH U.K. LIMITED and 31.5% of ILUMAE GMBH itself.
Directors
According to the 2025 annual accounts
Fabrizio Massimo
Managing director
since 2024 · until 2030
Véronique Mihail
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Tervuurse steenweg 113A
1160 Oudergem
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
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
hitaltech.com
Registered
1999-09-21
Registrar
OVH sas
Expires
2026-09-21
Website info
Features
Security
Network
Details
- Company number
- 0428.666.952
- VAT number
- BE 0428.666.952
- Registered office
- Tervuurse steenweg 113A, 1160 Oudergem
- Names & denominations
- HITALTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 1986
- Peppol
- Active · Active since 20 Oct 2025
- Contact
- hitaltech.com [email protected]
- Activities · NACE
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