Financials
Financial year 2025
GENERAL INSTALLATIONS & TECHNICAL SERVICES from Tongeren-Borgloon, company number BE0467900284, closed financial year 2025 with a result of € 310,763 after tax. For that financial year GENERAL INSTALLATIONS & TECHNICAL SERVICES recorded revenue of € 4.2 million and equity of € 619,567. Compared with financial year 2024, the result moved from € 184,605 to € 310,763. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 619,567
▲ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 310,763
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 141,607
▲ 126% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,385 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.7
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 13% vs 2024
€ 61,900 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.
€ 25,162
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 242,808
▲ 12% vs 2024
€ 9,628 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 164,924
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 223,027
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,508,275 | € 4,150,906 | ▲ 65% |
| Gross margin | € 698,435 | € 799,322 | € 1,259,564 | € 1,548,322 | ▲ 23% |
| Profit after taxes | € 29,717 | € 75,561 | € 184,605 | € 310,763 | ▲ 68% |
| Equity | € 58,023 | € 133,584 | € 318,189 | € 619,567 | ▲ 95% |
| Total debts | € 502,073 | € 426,076 | € 502,186 | € 660,020 | ▲ 31% |
| Cash | € 12,748 | € 25,332 | € 62,716 | € 141,607 | ▲ 126% |
| Land & buildings | € 17,634 | € 13,002 | € 0 | - | |
| Retained profit | € 39,431 | € 114,992 | € 299,597 | € 600,975 | ▲ 101% |
| Dividend | € 19,811 | € 0 | € 0 | € 9,385 | |
| Bank debt | € 236,569 | € 272,969 | € 217,328 | € 242,808 | ▲ 12% |
| Balance sheet total | € 560,096 | € 559,659 | € 820,374 | € 1,279,588 | ▲ 56% |
| Employees (FTE) | 10.5 | 10.6 | 15 | 16.7 | ▲ 1.7 |
Key figures of GENERAL INSTALLATIONS & TECHNICAL SERVICES, 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 GENERAL INSTALLATIONS & TECHNICAL SERVICES?
What happened at GENERAL INSTALLATIONS & TECHNICAL SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 310,763 (▲ 68% vs 2024). Source: NBB ↗
- Joseph Fransen became a director. NBB
- Patrick Dumoulin became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,717 profit in 2022 to € 310,763 profit in 2025.
Paid € 270,392 in corporate taxes since 2022.
Best year ever: 2025, with € 310,763 profit.
On average € 92,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GENERAL INSTALLATIONS & TECHNICAL SERVICES are Joseph Fransen and Patrick Dumoulin. The same people are also behind Gits Immo.
Establishments
Establishment units
Physical locations of this company
Heersterveldweg 16A/ box 26
3700 Tongeren-Borgloon
Heersterveldweg 16A box 26
3700 Tongeren-Borgloon
Active since 1 July 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.900.284
- VAT number
- BE 0467.900.284
- Registered office
- Heersterveldweg 16A/ bus 26, 3700 Tongeren-Borgloon
- Names & denominations
- GENERAL INSTALLATIONS & TECHNICAL SERVICES · G.I.T.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1999
- Peppol
- Active · Active since 10 Jun 2025
- Activities · NACE
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