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Git'Sit

Active
Public limited companyfounded 1983active for 42 yearsStationsstraat 172, 9890 Gavere, BelgiumKBO/BCE: BE 0425.255.621
Summary

Git'Sit has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,309 and a net result of €22,063. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 67% of 9,770 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of non-electrical household articles
NACE 46494
1 site
Size
€533,157total assets 2025
Equity
€321,309
Profit
€22,063
Turnover not published (abbreviated or micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 3 days early1 of 9 deeds summarised
Why 96lowers riskLiquidity: current ratio 2.49, cash €323,529Founded in 1983Equity €321,309 (60.3% of total assets)Size: total assets €533,157Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 85+7
equity 60.3% of total assets
Liquidity 83-5
short-term debt 37.3% · cash 60.7%
Profitability 74-2
return on assets 4.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,882 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.49, compared with 3.13 in 2024, above the usual 1.5; short-term debt: 37.3% and cash: 60.7% of total assets), and 39.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 67% on solvency, 84% on liquidity, 61% on profitability and 60% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.49, cash €323,529
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €321,309 (60.3% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €533,157
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
10 days early
2023
11 days early
2022
14 days early
2021
16 days early
2020
15 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, abbreviated format

Equity
€321,309▲ 7.4%
2024 · €299,247
Total assets
€533,157▼ 5.5%
2024 · €563,892
Net result
€22,063▼ 31.6%
2024 · €32,235
Working capital
€296,662▼ 13.8%
2024 · €344,250
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen three years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€18,197 2025 Net result€22,063 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€13,679-€15,359▲ 12.3%€35,998▲ 134%€40,716▲ 13.1%€68,108▲ 67.3%€67,406▼ 1.0%€44,837▼ 33.5%€18,197▼ 59.4%
Net result€8,735-€11,002▲ 26.0%€28,381above the sector's middle half▲ 158%€27,431within the sector's middle half▼ 3.3%€43,776above the sector's middle half▲ 59.6%€68,663above the sector's middle half▲ 56.9%€32,235above the sector's middle half▼ 53.1%€22,063within the sector's middle half▼ 31.6%
Equity€241,443-€251,245▲ 4.1%€278,427above the sector's middle half▲ 10.8%€303,658above the sector's middle half▲ 9.1%€347,434above the sector's middle half▲ 14.4%€267,012above the sector's middle half▼ 23.1%€299,247above the sector's middle half▲ 12.1%€321,309within the sector's middle half▲ 7.4%
Total assets€350,134-€389,989▲ 11.4%€400,142above the sector's middle half▲ 2.6%€419,020above the sector's middle half▲ 4.7%€455,923above the sector's middle half▲ 8.8%€513,806above the sector's middle half▲ 12.7%€563,892above the sector's middle half▲ 9.7%€533,157within the sector's middle half▼ 5.5%
Debt€108,690-€138,743▲ 27.7%€121,715▼ 12.3%€115,362▼ 5.2%€108,489▼ 6.0%€246,794▲ 127%€264,645▲ 7.2%€211,847▼ 20.0%
Working capital€251,618-€280,145▲ 11.3%€311,580above the sector's middle half▲ 11.2%€342,600above the sector's middle half▲ 10.0%€379,033above the sector's middle half▲ 10.6%€270,698above the sector's middle half▼ 28.6%€344,250above the sector's middle half▲ 27.2%€296,662within the sector's middle half▼ 13.8%
Solvency69.0%-64.4%▼ 4.5pp69.6%above the sector's middle half▲ 5.2pp72.5%above the sector's middle half▲ 2.9pp76.2%above the sector's middle half▲ 3.7pp52.0%within the sector's middle half▼ 24.2pp53.1%within the sector's middle half▲ 1.1pp60.3%within the sector's middle half▲ 7.2pp
Current ratio12.68-6.74▼ 5.9311.19above the sector's middle half▲ 4.4523.45above the sector's middle half▲ 12.2514.07above the sector's middle half▼ 9.372.65within the sector's middle half▼ 11.423.13within the sector's middle half▲ 0.482.49within the sector's middle half▼ 0.64
Return on assets (ROA)2.5%-2.8%▲ 0.3pp7.1%within the sector's middle half▲ 4.3pp6.5%within the sector's middle half▼ 0.5pp9.6%within the sector's middle half▲ 3.1pp13.4%above the sector's middle half▲ 3.8pp5.7%within the sector's middle half▼ 7.6pp4.1%within the sector's middle half▼ 1.6pp
Staff (FTE)0.5-0.5=0.5below the sector's middle half=1▲ 100%1=1=0.7▼ 30.0%
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533,157
Fixed assets €37,699 ▼ 35.0%
Current assets €495,458 ▼ 2.1%
Equity and liabilities €533,157
Equity €321,309 ▲ 7.4%
Debt €211,847 ▼ 20.0%
Debt's share of the balance-sheet total falls from 46.9% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,348▼
2024 · €74,501
Cash flow
€42,213▼
2024 · €61,899
Quick ratio
2.48▼
2024 · 3.12
Debt to equity
0.66▼
2024 · 0.88
ROE
6.9%▼
2024 · 10.8%
Interest coverage
18.14▲
2024 · 9.12
Debt ≤ 1 year
€198,796▲
2024 · €161,668
Income taxes
€6,534▼
2024 · €11,515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€563,892€533,157▼
Fixed assets21/28€57,973€37,699▼
Tangible fixed assets22/27€57,199€37,049▼
Land and buildings22€7,286€6,061▼
Furniture and vehicles24€49,913€30,988▼
Financial fixed assets28€774€650▼
Current assets29/58€505,918€495,458▼
Stocks and contracts in progress3€1,955€2,345▲
Stocks30/36€1,955€2,345▲
Amounts receivable within one year40/41€66,737€53,333▼
Trade receivables40€56,394€27,886▼
Other amounts receivable41€10,343€25,447▲
Current investments50/53€117,644€114,947▼
Cash at bank and in hand54/58€318,332€323,529▲
Deferred charges and accrued income490/1€1,249€1,304▲
Equity and liabilities
Total equity and liabilities10/49€563,892€533,157▼
Equity10/15€299,247€321,309▲
Contributions10/11€63,000€63,000=
Capital10€63,000€63,000=
Issued capital100€63,000€63,000=
Reserves13€236,247€258,309▲
Non-distributable reserves130/1€6,300€6,300=
Legal reserve130€6,300€6,300=
Distributable reserves133€229,947€252,009▲
Amounts payable17/49€264,645€211,847▼
Amounts payable after more than one year17€76,964-
Other amounts payable178/9€76,964-
Amounts payable within one year42/48€161,668€198,796▲
Trade debts44€3,739€12,547▲
Suppliers440/4€3,739€12,547▲
Taxes, remuneration and social security45€12,022€7,826▼
Taxes450/3€12,022€2,490▼
Remuneration and social security454/9-€5,336
Other amounts payable47/48€145,907€178,423▲
Accrued charges and deferred income492/3€26,013€13,052▼
Income statement Code20242025
Remuneration, social security and pensions62€7,687-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,664€20,151▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€337
Other operating charges640/8€1,455€1,270▼
Gross operating margin9900€83,642€39,955▼
Operating profit (loss)9901€44,837€18,197▼
Financial income75/76B€7,083€12,514▲
Recurring financial income75€7,083€12,514▲
Financial charges65/66B€8,170€2,114▼
Recurring financial charges65€8,170€2,114▼
Profit (loss) for the period before taxes9903€43,750€28,597▼
Income taxes67/77€11,515€6,534▼
Profit (loss) for the period9904€32,235€22,063▼
Profit (loss) for the period to be appropriated9905€32,235€22,063▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,235€22,063▼
Transfer to equity691/2€32,235€22,063▼
To other reserves6921€32,235€22,063▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€9,500€750----
Remuneration, social security and pensions62---€16,902€19,135€22,100€7,687--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,710€25,768€13,046€18,636€18,583€23,829€29,664€20,151▼ 32.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€337-
Other operating charges640/8---€1,453€2,376€2,127€1,455€1,270▼ 12.7%
Non-recurring operating charges66A-----€4---
Gross operating margin9900€60,331€61,870€67,005€77,707€108,202€115,467€83,642€39,955▼ 52.2%
Operating profit (loss)9901€13,679€15,359€35,998€40,716€68,108€67,406€44,837€18,197▼ 59.4%
Financial income75/76B---€3,470€9,009€30,703€7,083€12,514▲ 76.7%
Recurring financial income75€5,196€4,648€3,105€3,470€9,009€14,265€7,083€12,514▲ 76.7%
Non-recurring financial income76B-----€16,438---
Financial charges65/66B---€4,345€14,062€6,121€8,170€2,114▼ 74.1%
Recurring financial charges65€6,094€4,070€3,831€4,345€14,062€6,121€8,170€2,114▼ 74.1%
Profit (loss) for the period before taxes9903€12,781€15,937€35,272€39,841€63,055€91,988€43,750€28,597▼ 34.6%
Income taxes67/77€4,046€4,935€6,891€12,410€19,279€23,325€11,515€6,534▼ 43.3%
Profit (loss) for the period9904€8,735€11,002€28,381€27,431€43,776€68,663€32,235€22,063▼ 31.6%
Transfer from tax-exempt reserves789---€14,082-----
Profit (loss) for the period to be appropriated9905€8,735€11,002€28,381€41,513€43,776€68,663€32,235€22,063▼ 31.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€350,134€389,989€400,142€419,020€455,923€513,806€563,892€533,157▼ 5.5%
Fixed assets21/28€76,967€61,071€57,998€61,156€47,901€79,314€57,973€37,699▼ 35.0%
Tangible fixed assets22/27€75,978€60,082€57,874€61,032€47,127€78,540€57,199€37,049▼ 35.2%
Land and buildings22---€34,456€23,839€13,484€7,286€6,061▼ 16.8%
Furniture and vehicles24---€26,576€23,288€65,056€49,913€30,988▼ 37.9%
Financial fixed assets28€989€989€124€124€774€774€774€650▼ 16.0%
Current assets29/58€273,166€328,918€342,144€357,864€408,022€434,492€505,918€495,458▼ 2.1%
Stocks and contracts in progress3€832€665€1,134€1,747€2,042€2,345€1,955€2,345▲ 20.0%
Stocks30/36---€1,747€2,042€2,345€1,955€2,345▲ 20.0%
Amounts receivable within one year40/41€59,683€108,623€55,310€60,278€59,120€58,241€66,737€53,333▼ 20.1%
Trade receivables40---€51,221€57,495€54,719€56,394€27,886▼ 50.6%
Other amounts receivable41---€9,058€1,626€3,522€10,343€25,447▲ 146%
Current investments50/53---€100,000€89,013€98,270€117,644€114,947▼ 2.3%
Cash at bank and in hand54/58€212,514€218,460€285,180€195,433€255,041€274,791€318,332€323,529▲ 1.6%
Deferred charges and accrued income490/1---€406€2,805€846€1,249€1,304▲ 4.3%
Equity and liabilities
Total equity and liabilities10/49€350,134€389,989€400,142€419,020€455,923€513,806€563,892€533,157▼ 5.5%
Equity10/15€241,443€251,245€278,427€303,658€347,434€267,012€299,247€321,309▲ 7.4%
Contributions10/11€148,500€148,500€148,500€148,500€148,500€63,000€63,000€63,000=
Capital10---€148,500€148,500€63,000€63,000€63,000=
Issued capital100---€148,500€148,500€63,000€63,000€63,000=
Reserves13€92,943€102,745€129,927€155,158€198,934€204,012€236,247€258,309▲ 9.3%
Non-distributable reserves130/1---€14,850€14,850€6,300€6,300€6,300=
Legal reserve130---€14,850€14,850€6,300€6,300€6,300=
Distributable reserves133---€140,308€184,084€197,712€229,947€252,009▲ 9.6%
Amounts payable17/49€108,690€138,743€121,715€115,362€108,489€246,794€264,645€211,847▼ 20.0%
Amounts payable after more than one year17€81,012€82,779€86,449€94,490€71,758€76,726€76,964--
Other amounts payable178/9---€94,490€71,758€76,726€76,964--
Amounts payable within one year42/48€21,549€48,772€30,564€15,263€28,990€163,794€161,668€198,796▲ 23.0%
Trade debts44€5,798€40,563€24,692€8,281€21,648€10,869€3,739€12,547▲ 236%
Suppliers440/4---€8,281€21,648€10,869€3,739€12,547▲ 236%
Taxes, remuneration and social security45---€4,782€7,341€7,018€12,022€7,826▼ 34.9%
Taxes450/3---€1,878€4,532€5,646€12,022€2,490▼ 79.3%
Remuneration and social security454/9---€2,904€2,809€1,373-€5,336-
Other amounts payable47/48---€2,200-€145,907€145,907€178,423▲ 22.3%
Accrued charges and deferred income492/3---€5,609€7,742€6,274€26,013€13,052▼ 49.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€8,735€11,002€28,381€27,431€43,776€68,663€32,235€22,063▼ 31.6%
+ Depreciation and write-downs630€24,710€25,768€13,046€18,636€18,583€23,829€29,664€20,151▼ 32.1%
Operating cash flow (approximation)€33,445€36,770€41,428€46,067€62,359€92,493€61,899€42,213▼ 31.8%
Investment in fixed assets (approximation)--€9,871-€9,974-€21,793-€5,328-€55,243-€8,323€124-
Change in cash-€5,946€66,720-€89,747€59,609€19,749€43,542€5,197▼ 88.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 42 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-07-2026 2026-00377941
31-12-2024 micro format 21-07-2025 2025-00303293
31-12-2023 micro format 20-07-2024 2024-00269310
31-12-2022 micro format 17-07-2023 2023-00246919
31-12-2021 micro format 15-07-2022 2022-20189593
31-12-2020 micro format 16-07-2021 2021-38100100
31-12-2019 micro format 17-07-2020 2020-31600207
31-12-2018 micro format 25-07-2019 2019-39100411
31-12-2017 micro format 25-07-2018 2018-37900364
31-12-2016 micro format 11-07-2017 2017-30000599

Show all 42 filings

Similar companies · same sector, comparable size

Of the 666 active companies whose main activity is wholesale of non-electrical household articles (NACE 46494), figures are known for 532. 399 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 1 in day-to-day management, last change in 2024

Board 2

Barbara SYS
Director (not named in the articles) · since 10-01-2024
Current
Rik STROEF
Director (not named in the articles) · since 10-01-2024
Current

Day-to-day management 1

Rik STROEF
Managing director · since 10-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Barbara SYS
  • Director, until 10-01-2024
  • Director (not named in the articles), from 10-01-2024 to date
Rik STROEF
  • Director, until 10-01-2024
  • Director (not named in the articles), from 10-01-2024 to date
  • Managing director, from 10-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 10-01-2024 Capital reduction of €85,500 · to €63,000 · repaid to the shareholders

Group and network

Connections & network

2 current directors
Depth

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History

On 29 December 1983, Git'Sit was incorporated.1 Total assets went from €350,134 in 2018 to €533,157 in 2025 and headcount from 0.5 full-time equivalents in 2018 to 0.7 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2024 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
21-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
20-07
NBB filing Annual accounts filed
financial year 2023 · micro format
10-01
Gazette deed Resignations: Rik STROEF (director) and Barbara SYS (director)
Appointments: Rik STROEF (director) and Barbara SYS (director) · Amendment of the articles · Capital decrease14 facts ▸
  • General meeting, 15-12-2023
  • Amendment of the articles (3 times)
  • Capital decrease, €85,500
  • Capital, €63,000
  • Amendment of the articles, 5
  • Purpose change
  • Director resignation, Rik STROEF (director)
  • Director resignation, Barbara SYS (director)
  • Director appointment, Rik STROEF (director (not named in the articles))
  • Director appointment, Barbara SYS (director (not named in the articles))
  • Director appointment, Rik STROEF (managing director)
  • Registered office clause, “Gavere, Stationsstraat 172” (deed in Dutch)
  • +2 further facts in this act
2023
31-12
Financial Highest result from 2018 to 2025net €68,663 ▲56.9%
Net result €68,663, the highest in the series.
17-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
15-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Liquidity more than doubledcurrent ratio 23.45
Current ratio from 11.19 to 23.45; short-term debt falls from €30,564 to €15,263.
16-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
17-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
25-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
25-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
11-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
1 of 9 deeds read
About the unread acts

Of the 9 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded29-12-1983
Financial year end31-12
Activities, NACEBEL 2025
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425255621
Also 9925:BE0425255621
Registered 20-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

699400NPP5SSZKQPS952
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gavere · 1 establishment unit since 1984
registered office establishment The establishment unit on the map
Ground area
205 m²
Building footprint
205 m²
Building volume
1,057 m³
Parcel 44003A0231/00K000, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
1 establishment unit
GIT'SIT
Stationsstraat 172, 9890 GavereOther construction installation
since 1984unit no. 2.023.878.571
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44003A0231/00K000 Flanders 205 m² 1 · 205 m² 9.9 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De groot –en kleinhandel, de in- en uitvoer, de aankoop en verkoop, de constructie, de plaatsing, de huur en verhuur zelfs voor lange…” (deed in Dutch)
16 activities (deed in Dutch)
  1. De groot –en kleinhandel, de in- en uitvoer, de aankoop en verkoop, de constructie, de plaatsing, de huur en verhuur zelfs voor lange termijn, de distributie, de vertegenwoordiging, de commissiehandel en aanverwante handel zowel voor eigen rekening als voor rekening van derden en desgevallend tweedehands:
  2. -van meubelen in het algemeen, met inbegrip van kantoormeubelen en in het bijzonder;
  3. -de zitmeubelen voor het kantoor;
  4. -van kantoormachines en kantoortoebehoren in de ruimste zin;
  5. -van meubileringsstoffen en meubileringsartikelen, omvattende ondermeer gordijnen,
  6. Zonnegordijnen, tapijten, tapijtwerk, stoffen voor koetswerk, beddegoed, huishouden tafellinnen;
  7. -van kunstvoorwerpen, schilderijen, gravuren, optische artikelen, verlichtingsartikelen, antiquiteiten en dergelijke meer; van onderhoudsproducten, verven, drogisterijartikelen, houtwaren en rietwerk, kurk en kurkwaren;
  8. -van producten van de papiernijverheid en van de drukkunst, papierwaren, boeken, kantoor en schoolbehoeften allerlei, schrijf- en drukpapier, schrijf- en drukkarton, drukwerken, papier en karton voor de nijverheid en voor allerhande verpakkingen, ook deze in cellofaan en plastiek, behangselpapier, vloer- en parketbekledingen en soortgelijke artikelen;
  9. -van onroerende goederen in de ruimste zin;
  10. -het inrichten van winkels, kantoren, vergaderzalen en gebouwen zowel voor privé als ander gebruik;
  11. Waar mogelijk of wenselijk, alle goederen en diensten leveren via elektronische weg, via webshop en e-commerce en alle diensten die daarbij horen.
  12. Voor eigen rekening :
  13. - Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik, recht van opstal, erfpacht,…) zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, ter beschikking stellen, verkavelen, prospecteren en uitbaten van onroerende goederen, het ontwerpen en opvolgen van projecten, het maken van studies met betrekking tot immobiliën; de aan-en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende
  14. Goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen; alsmede zich borg te stellen voor het goede verloop van verbintenissen, door derde personen aangegaan die het genot zouden hebben van voormelde roerende en onroerende goederen.
  15. - Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop, het beheren van aandelen, aandelenopties, obligaties, kasbons, afgeleide producten of andere roerende waarden, van welke vorm ook, uitgegeven door Belgische of buitenlandse emittenten.
  16. - Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, in eender welke vorm; het zich borg stellen, zakelijke zekerheden of aval verlenen, in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Git'Sit
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 10-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 20: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
Board ruleHow the board is made up, meets and takes decisions.
“De algemene vergadering kan het mandaat van elke bestuurder te allen tijde en zonder opgave van redenen met onmiddellijke ingang beëindigen…” (deed in Dutch)
“Wanneer de plaats van een bestuurder openvalt vóór het einde van zijn mandaat, hebben de overblijvende bestuurders het recht een nieuwe…” (deed in Dutch)
“De eerstvolgende algemene vergadering moet het mandaat van de gecoöpteerde bestuurder bevestigen. Bij bevestiging volbrengt de gecoöpteerde…” (deed in Dutch)
“De raad van bestuur kiest uit zijn midden een voorzitter. Indien de voorzitter verhinderd is, wordt hij vervangen door een andere bestuurder…” (deed in Dutch)
“De raad van bestuur wordt bijeengeroepen door de voorzitter of door twee bestuurders, telkens het belang van het vennootschap dit vereist…” (deed in Dutch)
“Elke bestuurder kan aan één van zijn collega’s volmacht verlenen om hem te vertegenwoordigen op een bepaalde raad van bestuur en om er in…” (deed in Dutch)
“De besluiten van de raad van bestuur worden weergegeven in de notulen, die worden ondertekend door de voorzitter van de vergadering en…” (deed in Dutch)
“De enige bestuurder oefent het geheel van de bestuursbevoegdheden uit, met de mogelijkheid een deel van deze bevoegdheden te delegeren. De…” (deed in Dutch)
“De raad van bestuur kan het dagelijks bestuur, alsook de vertegenwoordiging van de vennootschap wat dat bestuur aangaat, opdragen aan één of…” (deed in Dutch)
“De algemene vergadering beslist bij elke benoeming of en in welke mate het mandaat van bestuurder zal bezoldigd zijn met een vaste of…” (deed in Dutch)

deed of 10-01-2024

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Één tiende van het kapitaal van de vennootschap, De verplichting herleeft indien de wettelijke reserve wordt aangesproken, tot het…” (deed in Dutch)
“Gewone meerderheid van stemmen, raad van bestuur” (deed in Dutch)

deed of 10-01-2024

Meetings and financial year

Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Meerderheid van stemmen, ongeacht het aantal effecten dat op de algemene vergadering vertegenwoordigd is, Indien verscheidene personen…” (deed in Dutch)
“Tot op de dag van de verdeling van deze aandelen of tot de afgifte van de legaten met betrekking tot deze aandelen, In geval van splitsing…” (deed in Dutch)

deed of 10-01-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij gebrek aan benoeming door de algemene vergadering geschiedt de vereffening door het bestuursorgaan dat op dat ogenblik in functie is en…” (deed in Dutch)
“De vereffenaars zijn bevoegd tot alle verrichtingen vermeld in de wet tenzij de algemene vergadering anders besluit, bij gewone meerderheid…” (deed in Dutch)

deed of 10-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Naleving wettelijke termijn kapitaalvermindering, bekendmaking van de akte” (deed in Dutch)
Other provision: “Bijzondere bepalingen, De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland en heeft in het algemeen de…” (deed in Dutch)
Capital: “€63.000” (deed in Dutch)
Other provision: “Algemene vergadering plaats en oproeping, vermeld in de oproeping” (deed in Dutch)
Other provision: “Toelating algemene vergadering” (deed in Dutch)
Other provision: “Vertegenwoordiging algemene vergadering, verleende volmacht blijft geldig voor elke volgende algemene vergadering in de mate waarin daarop…” (deed in Dutch)
Other provision: “Aanwezigheidslijst, alvorens de vergadering wordt begonnen” (deed in Dutch)
Other provision: “Formulier dat door het bestuursorgaan ter beschikking van de aandeelhouders wordt gesteld, stemming per brief” (deed in Dutch)
Other provision: “Beraadslaging, alle aandeelhouders aanwezig zijn en met eenparigheid van stemmen besluiten om over nieuwe punten te beraadslagen” (deed in Dutch)
Other provision: “Aandeelhouders kunnen, binnen de wettelijke grenzen, eenparig en schriftelijk alle besluiten nemen die tot de bevoegdheid van de algemene…” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering verklaring, indien de laatste schriftelijke beslissing niet is toegekomen uiterlijk binnen 7 dagen voor…” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering datering bijzondere algemene vergadering, behoudens bewijs van het tegendeel” (deed in Dutch)
Other provision: “Het toegezonden voorstel van schriftelijk besluit kan bepalen dat de goedkeuring op de zetel van de vennootschap moet toekomen vóór een…” (deed in Dutch)
Other provision: “Artikel 30bis. Elektronische algemene vergadering (facultatief), elektronische algemene vergadering” (deed in Dutch)
Other provision: “Elektronische algemene vergadering deelname op afstand, door middel van een door de vennootschap ter beschikking gesteld elektronisch…” (deed in Dutch)
Other provision: “Elektronische algemene vergadering communicatiemiddel” (deed in Dutch)
Other provision: “Elektronische algemene vergadering oproeping, de oproeping tot de algemene vergadering omvat een heldere en nauwkeurige beschrijving van de…” (deed in Dutch)
Other provision: “De leden van het bureau van de algemene vergadering, het bestuursorgaan en, in voorkomend geval, de commissaris kunnen niet langs…” (deed in Dutch)
Other provision: “Raad van bestuur, elke algemene vergadering, zowel de jaarlijkse als de buitengewone en de bijzondere” (deed in Dutch)
Liquidation distribution: “De goederen die nog in natura aanwezig zijn worden op dezelfde wijze verdeeld., Na aanzuivering van alle schulden, lasten en kosten van…” (deed in Dutch)
Other provision: “TITEL VI: ALGEMENE VERGADERING, In de gevallen waar de wet dit vereist wordt de controle op de financiële toestand, op de jaarrekening en op…” (deed in Dutch)
16 more provisions in the deed, see the deed of 10-01-2024

deed of 10-01-2024