Financials
Financial year 2025
BITWORKS from Gent, company number BE0898315218, closed financial year 2025 with a result of € 42,343 after tax. For that financial year BITWORKS recorded a gross margin of € 139,348 and equity of € 169,211. Compared with financial year 2024, the result moved from € 51,796 to € 42,343. The company is profitable. 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 December 5, 2025.
€ 169,211
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,343
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 99,447
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 73,457 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 171
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,054
▼ 34% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,463 | € 121,161 | € 103,292 | € 139,348 | ▲ 35% |
| Profit after taxes | € -30,179 | € 31,856 | € 51,796 | € 42,343 | ▼ 18% |
| Equity | € 299,811 | € 211,580 | € 200,325 | € 169,211 | ▼ 16% |
| Total debts | € 28,170 | € 107,933 | € 195,770 | € 135,232 | ▼ 31% |
| Cash | € 180,164 | € 186,494 | € 361,833 | € 99,447 | ▼ 73% |
| Retained profit | € 293,611 | € 205,380 | € 200,325 | € 169,211 | ▼ 16% |
| Dividend | € 0 | € 120,088 | € 56,851 | € 73,457 | ▲ 29% |
| Bank debt | € 3,839 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 328,394 | € 319,513 | € 396,095 | € 304,443 | ▼ 23% |
Key figures of BITWORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BITWORKS?
What happened at BITWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,343 (▼ 18% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 30,179 loss in 2022 to € 42,343 profit in 2025.
Paid € 47,988 in corporate taxes since 2022.
Best year ever: 2024, with € 51,796 profit.
Paid out € 250,396 in dividends to the owners in total.
Management
Behind BITWORKS are Veerle Decroos and Peter Sachem.
Directors
According to the 2025 annual accounts
Veerle Decroos
Director
Peter Sachem
Director
Establishments
Establishment units
Physical locations of this company
Martelaarslaan 450 L
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 ↗- SACHEM Peter Jan(vennoot) 99.9%
- DECROOS Veerle Gert Rachel(vennoot) 0.1%
Details
- Company number
- 0898.315.218
- VAT number
- BE 0898.315.218
- Registered office
- Martelaarslaan 450 L, 9000 Gent
- Names & denominations
- BITWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2008
- Peppol
- Active · Active since 10 Oct 2025
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