Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MITIS from Hannut, company number BE0820861510, closed financial year 2025 with a result of € -936,080 after tax. For that financial year MITIS recorded a gross margin of € 439,682 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -968,656 to € -936,080. 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 July 7, 2026.
€ 2.4 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -936,080
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 232,179
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.5 million.
People and assets in 2025
13.3
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 993,737
▲ 5% vs 2024
€ 74,700 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.
€ 19,261
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 488,438
▲ 79% vs 2024
€ 101,329 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 302,403
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,453
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 841,243 | € 299,162 | € 385,288 | € 439,682 | ▲ 14% |
| Profit after taxes | € -219,678 | € -1,002,210 | € -968,656 | € -936,080 | ▲ € 32,577 |
| Equity | € 2,971,617 | € 3,177,287 | € 3,164,650 | € 2,438,087 | ▼ 23% |
| Total debts | € 1,377,455 | € 1,466,918 | € 1,071,771 | € 1,151,065 | ▲ 7% |
| Cash | € 1,409,989 | € 466,085 | € 1,736,278 | € 232,179 | ▼ 87% |
| Retained profit | € -614,317 | € -1,616,527 | € -2,585,183 | € -3,521,263 | ▼ € 936,080 |
| Bank debt | € 331,195 | € 309,523 | € 272,949 | € 488,438 | ▲ 79% |
| Balance sheet total | € 4,560,933 | € 4,904,212 | € 4,564,976 | € 3,903,049 | ▼ 15% |
| Employees (FTE) | 11.3 | 11.7 | 12.3 | 13.3 | ▲ 1 |
Key figures of MITIS, 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 MITIS?
What happened at MITIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel DELANAYE stepped down as director. NBB
- NOSHAQ PARTNERS stepped down as director. NBB
- Véronique DISTEXHE stepped down as director. NBB
- Didier ALLAER stepped down as director. NBB
- Emeric D'ARCIMOLES stepped down as director. NBB
- Michel MILECAN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 936,080. Source: NBB ↗
- New establishment in Liège. KBO
In short
From € 219,678 loss in 2022 to € 936,080 loss in 2025.
Paid € 26,918 in corporate taxes since 2022.
On average € 33,100 of value added per employee in 2025.
Management
The stake of NOSHAQ ENERGY, Tbiz, NOSHAQ VENTURE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MITISThe shares are held by NOSHAQ ENERGY (20.1%), Tbiz (17%) and NOSHAQ VENTURE (11.9%).
Directors
According to the 2025 annual accounts
Michel DELANAYE
Managing director
· until 2028
Director · represented by Raphaël DARIMONT
Also active at: FRANKI, Iso - Calor, DARDENNE, DAO, Bureau d'Etudes Pierre Berger, SOGECOM, NOSHAQ IMMO, GABRIEL +59 more
· until 2028
· until 2028
Didier ALLAER
Director
Also active at: ZENTECH, LaCAR MDx technologies, THERAtRAME, LOUISE 130 E, Allaer gestion
· until 2028
· until 2028
· until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Longue 28
4280 Hannut
Rue des Chasseurs-Ardennais 5
4031 Liège
Active since 28 August 2015
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.
Details
- Company number
- 0820.861.510
- VAT number
- BE 0820.861.510
- Registered office
- Rue Longue 28, 4280 Hannut
- Names & denominations
- MITIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2009
- Peppol
- Active · Active since 1 Jan 2001
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