Active · per the CBE, 16 September 2026

Bsit Technologies

BE0632842351

Rechtspersoon Public limited company 1 establishment

Bsit Technologies is an IT company in Elsene. Public Limited, started on 29 June 2015, 1 establishment.

Louizalaan 251, 1050 Elsene

Behind the company: BSIT GROUP LIMITED S. Etr., Maxime COGELS.

Active for

11 year, 2 months

Warning lights

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

  • Shrinking team NBB

    FTE fell two years in a row, from 5 to 4.

Financials

Financial year 2025

Bsit Technologies from Elsene, company number BE0632842351, closed financial year 2025 with a result of € 328,002 after tax. For that financial year Bsit Technologies recorded a gross margin of € 1.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 163,125 to € 328,002. 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 June 11, 2026.

What it is worth Growing

€ 1.5 million

▲ 28% vs 2024

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

Profit Growing

€ 328,002

▲ 101% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 662,893

▲ 163% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4.5 million.

People and assets in 2025

Full-time equivalents

4

▼ 0.7 vs 2024

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

Wage cost

€ 384,964

▼ 10% vs 2024

€ 96,200 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

€ 4,068

▼ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 43,044

▼ 62% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 119,730

▲ 146% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 843,926 € 859,366 € 913,061 € 1,073,956 ▲ 18%
Profit after taxes € -7,247 € -60,638 € 163,125 € 328,002 ▲ 101%
Equity € 1,053,002 € 992,364 € 1,155,488 € 1,483,490 ▲ 28%
Total debts € 613,798 € 329,892 € 163,330 € 162,774
Cash € 677,516 € 439,708 € 252,350 € 662,893 ▲ 163%
Retained profit € -4,924,032 € -4,984,670 € -4,821,545 € -4,493,543 ▲ € 328,002
Bank debt € 500,000 € 200,000 € 0 € 0
Balance sheet total € 1,666,800 € 1,322,256 € 1,318,818 € 1,646,265 ▲ 25%
Employees (FTE) 5.3 5 4.7 4 ▼ 0.7

Key figures of Bsit Technologies, 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 Bsit Technologies?

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

  • New annual accounts for financial year 2025: profit of € 328,002 (▲ 101% vs 2024). Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Elsene. KBO

In short

From € 7,247 loss in 2022 to € 328,002 profit in 2025.

Best year ever: 2025, with € 328,002 profit.

On average € 268,500 of value added per employee in 2025.

Management

Bsit Technologies

Behind Bsit Technologies are BSIT GROUP LIMITED S. Etr. and Maxime COGELS.

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Directors

According to the 2025 annual accounts

BSIT GROUP LIMITED S. Etr.

Director · represented by MAXIME COGELS

Maxime COGELS

Personne déléguée à la gestion journalière

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 251

1050 Elsene

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

Details

Company number
0632.842.351
VAT number
BE 0632.842.351
Registered office
Louizalaan 251, 1050 Elsene
Names & denominations
Bsit Technologies
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 June 2015
Peppol
Active · Active since 19 Nov 2025
Activities · NACE

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Frequently asked questions

What does Bsit Technologies do?
Bsit Technologies is an IT company in Elsene. Public Limited, started on 29 June 2015, 1 establishment.
What is the address of Bsit Technologies?
The registered office of Bsit Technologies is located at Louizalaan 251, 1050 Elsene.
Is Bsit Technologies still active?
Yes. According to the CBE (16 September 2026) Bsit Technologies is active, legal situation “Normale toestand”, started on 29 June 2015.
Is Bsit Technologies registered on Peppol?
Yes, Bsit Technologies is registered on the Peppol network with ID 0208:0632842351.
What is the enterprise number of Bsit Technologies?
The enterprise number of Bsit Technologies is BE0632842351.
When was Bsit Technologies founded?
Bsit Technologies was founded on 29 June 2015.