Financials
Financial year 2024
S RITS from Gent, company number BE0893259340, closed financial year 2024 with a result of € 32,505 after tax. For that financial year S RITS recorded a gross margin of € 76,852 and equity of € 215,990. Compared with financial year 2023, the result moved from € 30,640 to € 32,505. 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 August 19, 2025.
€ 215,990
▲ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,505
▲ 6% vs 2023
Profit after tax over the fiscal year.
€ 81,132
▼ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 859 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 13,982
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 301,391
▼ 9% vs 2023
€ 24,780 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 10,903
▲ 175% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,312
▲ 22% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,048 | € 92,168 | € 79,558 | € 76,852 | ▼ 3% |
| Profit after taxes | € 38,115 | € 45,148 | € 30,640 | € 32,505 | ▲ 6% |
| Equity | € 206,853 | € 191,519 | € 184,344 | € 215,990 | ▲ 17% |
| Total debts | € 416,812 | € 428,515 | € 407,025 | € 357,330 | ▼ 12% |
| Cash | € 115,794 | € 99,935 | € 83,528 | € 81,132 | ▼ 3% |
| Land & buildings | € 456,941 | € 470,363 | € 454,350 | € 439,421 | ▼ 3% |
| Retained profit | € 194,453 | € 179,119 | € 171,944 | € 203,590 | ▲ 18% |
| Dividend | € 0 | € 60,483 | € 37,814 | € 859 | ▼ 98% |
| Bank debt | € 393,424 | € 362,154 | € 331,024 | € 301,391 | ▼ 9% |
| Balance sheet total | € 623,665 | € 620,034 | € 591,369 | € 573,319 | ▼ 3% |
Key figures of S RITS, 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 S RITS?
What happened at S RITS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 32,505 (▲ 6% vs 2023). filed late Source: NBB ↗
- Capital increase of € 43,653, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 38,115 profit in 2021 to € 32,505 profit in 2024.
Paid € 59,688 in corporate taxes since 2021.
Best year ever: 2022, with € 45,148 profit.
Paid out € 99,156 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Oudevest 51 box 102
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- RITS Stephanie Nicole Yveline(oprichter) 100%
Details
- Company number
- 0893.259.340
- VAT number
- BE 0893.259.340
- Registered office
- Oudevest 51 bus 102, 9000 Gent
- Names & denominations
- S RITS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2007
- Peppol
- Active · Active since 2 Oct 2025
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