GI-TEC is a repair and maintenance company in Izegem. Private Limited, started on 15 January 2018, 1 establishment.

What is the address of GI-TEC?

The registered office of GI-TEC is located at Steenovenstraat 5 box 1, 8870 Izegem.

Is GI-TEC still active?

Yes. According to the CBE (19 September 2026) GI-TEC is active, legal situation “Normale toestand”, started on 15 January 2018.

Is GI-TEC registered on Peppol?

Yes, GI-TEC is registered on the Peppol network with ID 0208:0687955276.

What is the enterprise number of GI-TEC?

The enterprise number of GI-TEC is BE0687955276.

When was GI-TEC founded?

GI-TEC was founded on 15 January 2018.

Who are the directors of GI-TEC?

According to the 2024 annual accounts, the directors of GI-TEC are: Giovanni Sagaert.

Is GI-TEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 January 2018; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did GI-TEC make in 2024?

GI-TEC posted a profit after taxes of € 66,193 in financial year 2024.

What is the revenue of GI-TEC?

As a small company, GI-TEC is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 107,011.

GI-TEC (Private Limited) - Izegem - BE0687955276

Dossier GI-TEC, printed on 19 September 2026 from databakkes.be/en/0687955276/gi-tec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

GI-TEC from Izegem, company number BE0687955276, closed financial year 2024 with a result of € 66,193 after tax. For that financial year GI-TEC recorded a gross margin of € 107,011 and equity of € 117,851. Compared with financial year 2023, the result moved from € 31,199 to € 66,193. 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 23, 2025.

What it is worth Growing

€ 117,851

▲ 128% vs 2023

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

Profit Growing

€ 66,193

▲ 112% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 67,969

▲ 227% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 99,251.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 11,015

▼ 50% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 3 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.

€ 70,746

▼ 25% vs 2023

€ 22,295 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 4,129

▲ 13% vs 2023

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

Taxes and wages

€ 17,495

▲ 109% vs 2023

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 44,036 Gross margin 2021: € 44,036 First fiscal year in the series	€ 11,980 Gross margin 2022: € 11,980 ▼ 73% vs 2021 (€ 44,036) Unfavourable step	€ 59,702 Gross margin 2023: € 59,702 ▲ € 47,722 vs 2022 (€ 11,980) Favourable step	€ 107,011 Gross margin 2024: € 107,011 ▲ 79% vs 2023 (€ 59,702) Favourable step	▲ 79%
Profit after taxes	€ 16,269 Profit after taxes 2021: € 16,269 First fiscal year in the series	€ -10,379 Profit after taxes 2022: € -10,379 ▼ € 26,648 vs 2021 (€ 16,269) Unfavourable step	€ 31,199 Profit after taxes 2023: € 31,199 ▲ € 41,578 vs 2022 (€ -10,379) Favourable step	€ 66,193 Profit after taxes 2024: € 66,193 ▲ 112% vs 2023 (€ 31,199) Favourable step	▲ 112%
Equity	€ 111,895 Equity 2021: € 111,895 First fiscal year in the series	€ 101,515 Equity 2022: € 101,515 ▼ 9% vs 2021 (€ 111,895) Unfavourable step	€ 51,659 Equity 2023: € 51,659 ▼ 49% vs 2022 (€ 101,515) Unfavourable step	€ 117,851 Equity 2024: € 117,851 ▲ 128% vs 2023 (€ 51,659) Favourable step	▲ 128%
Total debts	€ 156,405 Total debts 2021: € 156,405 First fiscal year in the series	€ 215,807 Total debts 2022: € 215,807 ▲ 38% vs 2021 (€ 156,405) Unfavourable step	€ 163,778 Total debts 2023: € 163,778 ▼ 24% vs 2022 (€ 215,807) Favourable step	€ 128,907 Total debts 2024: € 128,907 ▼ 21% vs 2023 (€ 163,778) Favourable step	▼ 21%
Cash	€ 71,029 Cash 2021: € 71,029 First fiscal year in the series	€ 57,396 Cash 2022: € 57,396 ▼ 19% vs 2021 (€ 71,029) Unfavourable step	€ 20,783 Cash 2023: € 20,783 ▼ 64% vs 2022 (€ 57,396) Unfavourable step	€ 67,969 Cash 2024: € 67,969 ▲ 227% vs 2023 (€ 20,783) Favourable step	▲ 227%
Land & buildings	€ 134,650 Land & buildings 2021: € 134,650 First fiscal year in the series	€ 129,088 Land & buildings 2022: € 129,088 ▼ 4% vs 2021 (€ 134,650) Unchanged	€ 123,527 Land & buildings 2023: € 123,527 ▼ 4% vs 2022 (€ 129,088) Unchanged	€ 117,965 Land & buildings 2024: € 117,965 ▼ 5% vs 2023 (€ 123,527) Unchanged	▼ 5%
Retained profit	€ 105,695 Retained profit 2021: € 105,695 First fiscal year in the series	€ 95,315 Retained profit 2022: € 95,315 ▼ 10% vs 2021 (€ 105,695) Unfavourable step	€ 33,059 Retained profit 2023: € 33,059 ▼ 65% vs 2022 (€ 95,315) Unfavourable step	€ 99,251 Retained profit 2024: € 99,251 ▲ 200% vs 2023 (€ 33,059) Favourable step	▲ 200%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 93,455 Dividend 2023: € 93,455 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 93,455) Unchanged	▼ 100%
Bank debt	€ 139,896 Bank debt 2021: € 139,896 First fiscal year in the series	€ 117,294 Bank debt 2022: € 117,294 ▼ 16% vs 2021 (€ 139,896) Favourable step	€ 94,246 Bank debt 2023: € 94,246 ▼ 20% vs 2022 (€ 117,294) Favourable step	€ 70,746 Bank debt 2024: € 70,746 ▼ 25% vs 2023 (€ 94,246) Favourable step	▼ 25%
Balance sheet total	€ 268,299 Balance sheet total 2021: € 268,299 First fiscal year in the series	€ 317,323 Balance sheet total 2022: € 317,323 ▲ 18% vs 2021 (€ 268,299) Unchanged	€ 215,436 Balance sheet total 2023: € 215,436 ▼ 32% vs 2022 (€ 317,323) Unchanged	€ 246,759 Balance sheet total 2024: € 246,759 ▲ 15% vs 2023 (€ 215,436) Unchanged	▲ 15%

Key figures of GI-TEC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GI-TEC?

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

Jul 23, 2025 New annual accounts for financial year 2024: profit of € 66,193 (▲ 112% vs 2023). Source: NBB ↗
Jan 15, 2018 New establishment in Izegem. KBO
Jan 15, 2018 Start of the company according to the CBE. KBO

In short

From € 16,269 profit in 2021 to € 66,193 profit in 2024.

Paid € 26,550 in corporate taxes since 2021.

Best year ever: 2024, with € 66,193 profit.

Paid out € 93,455 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at GI-TEC? We notify you, reason included.

Follow GI-TEC

Databakkes Pro

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.

Yes, I want that

See what a followed company gets: the De Lijn dossier

Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.

My folder 3 companies

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

Real filings at the National Bank

Management

Giovanni Sagaert

GI-TEC

Behind GI-TEC is Giovanni Sagaert.

See the full network in the app

Directors

According to the 2024 annual accounts

Giovanni Sagaert

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Steenovenstraat 5 box 1

8870 Izegem

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

Details

Company number

0687.955.276

VAT number

BE 0687.955.276

Registered office

Steenovenstraat 5 bus 1, 8870 Izegem

Names & denominations

GI-TEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 January 2018

Peppol

Active · Active since 19 Apr 2026

Activities · NACE

Reparatie en onderhoud van machines

Installatie van industriële machines, toestellen en werktuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

GI-TEC

Financials

What happened to GI-TEC?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions