Active · per the CBE, 31 October 2026

TITANS

BE0874069275

Rechtspersoon Public limited company 1 establishment

TITANS is a research organisation in Gent. Public Limited, started on 26 May 2005, 1 establishment.

Pieter van Reysschootlaan 6, 9051 Gent

Behind the company: KEES MAENHOUT, ANTONIUS MAENHOUT.

Active for

21 year, 5 months

Financials

Financial year 2025

TITANS from Gent, company number BE0874069275, closed financial year 2025 with a result of € -79,246 after tax. For that financial year TITANS recorded a gross margin of € 810,403 and equity of € 844,396. Compared with financial year 2024, the result moved from € 55,893 to € -79,246. 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 October 14, 2026.

What it is worth Healthy

€ 844,396

▼ 9% vs 2024

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

Loss Caution

€ -79,246

▼ still € 55,893 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 36,674

▲ 21% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 744,396.

People and assets in 2025

Full-time equivalents

12.9

▼ 4.5 vs 2024

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

Wage cost

€ 786,507

▼ 20% vs 2024

€ 61,000 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

€ 22,978

▼ 53% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 525,751

▲ 6% vs 2024

€ 157,418 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 149,340

▼ 40% vs 2024

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

Taxes and wages

€ 109,457

▲ 20% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,054,184 € 1,141,741 € 1,193,651 € 810,403 ▼ 32%
Profit after taxes € 107,004 € 55,639 € 55,893 € -79,246 ▼ € 135,138
Equity € 812,110 € 867,750 € 923,642 € 844,396 ▼ 9%
Total debts € 805,144 € 1,254,029 € 974,135 € 848,513 ▼ 13%
Cash € 32,367 € 47,609 € 30,418 € 36,674 ▲ 21%
Land & buildings € 272,186 € 1,093,028 € 1,065,713 € 1,038,397 ▼ 3%
Retained profit € 712,110 € 767,750 € 823,642 € 744,396 ▼ 10%
Dividend € 60,000 € 0 € 0 € 0
Bank debt € 317,285 € 651,003 € 496,188 € 525,751 ▲ 6%
Balance sheet total € 1,617,254 € 2,121,779 € 1,897,778 € 1,692,909 ▼ 11%
Employees (FTE) - 15.2 17.4 12.9 ▼ 4.5

Key figures of TITANS, 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 TITANS?

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

  • New annual accounts for financial year 2025: loss of € 79,246 (▼ € 135,138 vs 2024). filed late Source: NBB ↗
  • ANTONIUS MAENHOUT became a director. NBB
  • KEES MAENHOUT became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 107,004 profit in 2022 to € 79,246 loss in 2025.

Paid € 136,429 in corporate taxes since 2022.

Best year ever: 2022, with € 107,004 profit.

On average € 62,800 of value added per employee in 2025.

Management

KEES MAENHOUT ANTONIUS MAENHOUT
TITANS

Behind TITANS are KEES MAENHOUT and ANTONIUS MAENHOUT.

Directors

According to the 2025 annual accounts

KEES MAENHOUT

Director

since 2008

ANTONIUS MAENHOUT

Director

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Pieter van Reysschootlaan 6

9051 Gent

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

Details

Company number
0874.069.275
VAT number
BE 0874.069.275
Registered office
Pieter van Reysschootlaan 6, 9051 Gent
Names & denominations
TITANS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
26 May 2005
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Computeradviesbureaus

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

Activiteiten van holdings

Arbeidsbemiddeling

Overige zakelijke dienstverlening, neg

Holdings

Frequently asked questions

What does TITANS do?
TITANS is a research organisation in Gent. Public Limited, started on 26 May 2005, 1 establishment.
What is the address of TITANS?
The registered office of TITANS is located at Pieter van Reysschootlaan 6, 9051 Gent.
Is TITANS still active?
Yes. According to the CBE (31 October 2026) TITANS is active, legal situation “Normale toestand”, started on 26 May 2005.
Is TITANS registered on Peppol?
Yes, TITANS is registered on the Peppol network with ID 0208:0874069275.
What is the enterprise number of TITANS?
The enterprise number of TITANS is BE0874069275.
When was TITANS founded?
TITANS was founded on 26 May 2005.