PITS

Active Public limited companyfounded 1987active for 39 yearsZ. 1 Researchpark 210, 1731 AsseKBO/BCE: BE 0431.363.849 subsidiary of SIGNIFY BELGIUM#1 company by equity in Flemish Brabant, Computer and electronic products sector

Part of the group SIGNIFY N.V. 6 companies in 2 countries

See the group

PITS

Financial year 2025

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Annual accounts 2025

full format, filed on 19-06-2026, 42 days before the deadline

€35.4m

▲ 2.9%

-€230,304

▼ €658,198

€2.5m

▼ 17.6%

€3.2m

▼ 24.9%

86.8%

▲ 0.7 percentage points

7.17

▲ 0.43

In the rankings #1 company by equity in Flemish Brabant, Computer and electronic products sector #1 employer in Asse, Manufacturing sector #3 company by total assets in Asse, Manufacturing sector

Money flows

of every €100 of turnover, €1.34 remains as profit in 2025

Balance sheet

balance sheet total €60.3m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

86.8%

Higher than 90% of 173 companies in 2025.

7.17

Higher than 89% of 170 companies in 2025.

0.8%

Higher than 37% of 172 companies in 2025.

PITS Middle half of the sector 80% of the sector Full accounts in computer and electronic products (NACE 26)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women45% women

56.8 men and 46.5 women in full-time equivalents in 2025.

€101,935

Men €111,523, women €90,222 per full-time equivalent. Jobs differ, so this is not a pay gap.

-1 person

people who joined people who left

In 2025, 7 people joined and 8 left. Training hours in 2025: 606. Agency workers: 1.2 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008
Balance sheet: assets
`20/58`	60.3m	60.3m	58.7m	56.7m	57.2m	53.8m	57.1m	57.9m	59.5m	57.6m	60.0m	67.2m	69.8m	75.1m	71.1m	70.7m	71.6m
`21/28`	5.9m	6.3m	6.4m	6.5m	5.2m	37.2m	37.3m	37.3m	39.1m	40.9m	43.7m	47.0m	50.6m	20.6m	55,891	94,981	99,147
`21`	3.7m	3.9m	3.8m	3.7m	3.2m	2.3m	2.0m	1.7m	1.7m	3.1m	5.8m	8.7m	11.5m	14.0m	-	-	-
`22/27`	2.2m	2.4m	2.6m	2.9m	2.0m	2.4m	2.8m	3.1m	4.9m	5.4m	5.3m	5.9m	6.6m	6.6m	52,597	91,687	95,852
`22`	1.3m	1.5m	1.8m	1.8m	790,505	610,585	531,102	518,307	444,439	512,672	203,221	363,128	548,313	161,459	-	-	-
`23`	760,647	721,933	709,055	851,970	816,644	1.0m	1.1m	1.1m	822,411	809,680	578,491	517,284	576,096	737,890	33,005	42,306	41,528
`24`	159,491	152,902	124,256	171,709	182,490	183,829	214,900	43,089	30,727	49,725	31,856	49,916	90,036	76,960	6,011	15,732	23,741
`25`	-	693	1,701	12,093	210,695	-	-	-	-	-	-	-	-	-	-	-	-
`26`	-	-	-	-	-	-	-	-	-	-	119,709	138,773	157,837	8,904	13,581	33,649	30,583
`27`	-	-	-	-	-	-	-	131,119	-	-	-	-	-	-	-	-	-
`28`	3,250	3,250	3,250	3,250	3,250	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	20,438	3,295	3,295	3,295
`280/1`	-	-	-	-	-	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	-	-	-	-
`281`	-	-	-	-	-	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	32.5m	-	-	-	-
`284/8`	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,701	3,791	3,821	3,235	4,265	3,682	20,438	3,295	3,295	3,295
`285/8`	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,701	3,791	3,821	3,235	4,265	3,682	20,438	3,295	3,295	3,295
`29/58`	54.4m	54.0m	52.3m	50.2m	52.0m	16.6m	19.7m	20.6m	20.4m	16.7m	16.3m	20.1m	19.2m	54.4m	71.1m	70.6m	71.5m
`3`	7.1m	6.2m	6.6m	9.1m	8.7m	6.9m	7.4m	8.5m	6.9m	6.3m	5.3m	5.9m	6.0m	6.0m	-	-	-
`30/36`	7.1m	6.2m	6.6m	9.1m	8.7m	6.9m	7.4m	8.5m	6.9m	6.3m	5.3m	5.9m	6.0m	6.0m	-	-	-
`30/31`	1.9m	1.8m	2.2m	2.8m	2.5m	1.9m	1.9m	2.2m	1.9m	1.6m	1.5m	1.2m	1.2m	1.3m	-	-	-
`32`	3.5m	3.0m	3.3m	4.3m	4.1m	3.1m	3.4m	3.6m	2.9m	2.2m	1.5m	1.3m	1.3m	1.4m	-	-	-
`33`	485,451	394,714	71,986	660,634	841,068	687,792	1.7m	326,143	126,784	34,689	241,651	1.0m	821,272	639,461	-	-	-
`34`	1.2m	1.0m	967,328	1.4m	1.3m	1.2m	434,696	2.3m	2.0m	2.4m	2.1m	2.3m	2.7m	2.6m	-	-	-
`40/41`	47.3m	47.7m	45.7m	41.1m	43.3m	8.8m	11.4m	11.1m	12.5m	9.4m	10.0m	6.3m	7.3m	7.4m	1.2m	1.7m	5.0m
`40`	4.7m	4.3m	4.6m	4.9m	4.6m	3.7m	5.4m	4.5m	5.9m	4.5m	6.2m	6.1m	7.1m	7.3m	1.2m	1.6m	4.7m
`41`	42.6m	43.4m	41.1m	36.2m	38.7m	5.1m	5.9m	6.6m	6.6m	4.9m	3.8m	179,149	211,165	113,205	6,832	140,626	334,256
`54/58`	-	-	-	-	-	-	-	1,331	10,760	379	1,571	7.0m	4.9m	40.9m	69.8m	68.9m	66.2m
`490/1`	-	-	-	-	-	927,333	927,333	1.0m	1.0m	946,135	1.0m	947,182	998,946	38,364	9,210	-	313,248
Balance sheet: equity and liabilities
`10/49`	60.3m	60.3m	58.7m	56.7m	57.2m	53.8m	57.1m	57.9m	59.5m	57.6m	60.0m	67.2m	69.8m	75.1m	71.1m	70.7m	71.6m
`10/15`	52.4m	51.9m	50.2m	49.4m	48.9m	47.5m	47.0m	47.9m	48.6m	47.8m	49.6m	55.3m	56.7m	57.8m	67.7m	67.7m	67.8m
`10/11`	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m
`10`	10.0m	10.0m	10.0m	10.0m	10.0m	-	-	-	-	-	-	-	-	-	-	-	-
`100`	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m	10.0m
`13`	37.5m	37.5m	37.5m	37.5m	37.5m	37.5m	37.0m	37.9m	38.6m	37.8m	57.8m	57.8m	57.8m	57.8m	57.8m	57.8m	57.8m
`130/1`	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	-	-	-	-	-	-	-	-	28,761	28,761	28,761
`130`	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m
`1319`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,761	28,761	28,761
`133`	36.5m	36.5m	36.5m	36.5m	36.5m	36.5m	36.0m	36.9m	37.6m	36.8m	56.8m	56.8m	56.8m	56.8m	56.8m	56.8m	56.8m
`14`	4.9m	4.4m	2.7m	1.9m	1.4m	-	-	1,391	960	-684	-18.2m	-12.5m	-11.1m	-10.0m	-150,430	-113,300	2,454
`16`	393,706	370,607	321,468	358,270	352,578	373,692	402,966	664,153	277,940	317,404	311,353	528,640	545,029	1.6m	692,505	740,730	200,675
`160/5`	393,706	370,607	321,468	358,270	352,578	373,692	402,966	664,153	277,940	317,404	311,353	528,640	545,029	1.6m	692,505	740,730	200,675
`160`	8,820	8,820	8,820	8,820	8,820	16,028	30,470	54,952	86,032	103,024	143,410	88,650	71,403	106,497	87,689	109,856	123,363
`164/5`	384,886	361,786	312,648	349,450	343,758	357,665	372,497	609,200	191,908	214,381	167,943	439,991	473,625	1.4m	604,816	630,875	77,312
`17/49`	7.6m	8.0m	8.1m	6.9m	8.0m	5.9m	9.6m	9.3m	10.6m	9.5m	10.1m	11.4m	12.5m	15.7m	2.8m	2.3m	3.6m
`17`	-	-	-	-	-	422,282	1.2m	2.0m	2.7m	3.3m	3.9m	4.5m	5.0m	5.5m	-	-	-
`170/4`	-	-	-	-	-	422,282	1.2m	2.0m	2.7m	3.3m	3.9m	4.5m	5.0m	5.5m	-	-	-
`172`	-	-	-	-	-	422,282	1.2m	2.0m	2.7m	3.3m	3.9m	4.5m	5.0m	5.5m	-	-	-
`42/48`	7.6m	8.0m	8.1m	6.9m	8.0m	5.5m	8.4m	7.4m	8.0m	6.2m	6.2m	6.9m	7.5m	10.2m	2.7m	2.3m	3.6m
`42`	-	-	-	-	422,282	802,088	742,813	687,293	634,578	615,144	570,155	524,824	482,226	442,212	-	-	-
`43`	-	-	-	-	-	-	-	63,222	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	-	-	-	-	63,222	-	-	-	-	-	-	-	-	-
`44`	5.4m	6.1m	6.3m	4.8m	5.8m	2.9m	5.9m	4.7m	5.4m	3.7m	3.6m	3.9m	4.7m	6.5m	1.3m	1.0m	1.9m
`440/4`	5.4m	6.1m	6.3m	4.8m	5.8m	2.9m	5.9m	4.7m	5.4m	3.7m	3.6m	3.9m	4.7m	6.5m	1.3m	1.0m	1.9m
`46`	166,625	-	-	-	-	-	-	-	98,398	125,890	131,675	291,898	37,780	300,647	-	-	-
`45`	2.0m	1.9m	1.8m	2.1m	1.7m	1.7m	1.7m	1.8m	1.8m	1.7m	1.7m	1.9m	2.2m	2.9m	974,403	839,150	1.0m
`450/3`	329,957	262,812	222,630	321,083	191,945	255,497	256,959	263,592	279,246	247,629	278,020	279,329	339,183	371,011	170,042	87,768	81,229
`454/9`	1.7m	1.6m	1.6m	1.8m	1.5m	1.4m	1.4m	1.5m	1.5m	1.5m	1.4m	1.7m	1.9m	2.5m	804,361	751,382	927,490
`47/48`	21,501	5,667	4,845	3,961	35,718	47,758	56,669	88,555	57,877	27,988	198,230	191,505	126,890	120,505	447,786	372,560	694,766
`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,365	36,406	-
Income statement
`70/76A`	38.5m	36.7m	36.1m	41.4m	39.2m	33.1m	35.8m	41.1m	39.9m	36.5m	36.9m	35.0m	41.5m	39.5m	5.3m	6.4m	9.8m
`70`	35.4m	34.4m	35.4m	38.8m	35.9m	31.8m	34.9m	37.8m	37.8m	33.5m	35.4m	32.8m	37.8m	37.5m	3.0m	3.2m	7.0m
`71`	869,810	220,159	-1.3m	572,657	1.6m	-250,024	-717,194	1.4m	694,982	1.6m	-350,776	233,298	229,703	-2.0m	-	-	-
`72`	1.6m	1.6m	1.5m	1.5m	1.4m	1.2m	1.3m	1.1m	1.0m	900,348	1.0m	970,710	1.1m	1.2m	-	-	-
`74`	528,342	444,186	451,531	427,666	366,406	-	-	-	-	-	-	-	-	-	-	-	-
`76A`	24,000	-	3,997	-	-	-	-	100,000	1,563	66,971	196,543	37,116	408,293	729,587	4,974	-	29,349
`60/66A`	38.7m	36.3m	36.4m	40.6m	38.3m	34.1m	38.0m	43.0m	40.4m	39.4m	36.2m	37.5m	44.2m	43.6m	5.1m	6.3m	9.0m
`60`	15.8m	14.7m	14.2m	16.7m	15.3m	13.0m	14.9m	17.9m	17.4m	16.1m	15.3m	14.5m	16.6m	14.1m	598,944	536,568	710,313
`600/8`	15.9m	13.8m	12.7m	16.6m	15.7m	12.9m	14.7m	18.2m	17.3m	15.3m	15.3m	14.3m	16.5m	16.5m	598,944	536,568	710,313
`609`	-114,345	844,508	1.5m	140,942	-413,204	9,690	214,193	-307,639	84,689	712,027	-84,871	177,333	181,600	-2.4m	-	-	-
`61`	9.5m	9.4m	10.1m	11.8m	11.1m	10.2m	12.6m	12.7m	11.9m	11.4m	8.2m	9.1m	11.4m	13.5m	1.6m	2.5m	5.1m
`62`	10.5m	9.7m	9.6m	9.4m	8.9m	8.2m	8.5m	7.8m	7.6m	7.2m	7.7m	8.8m	11.2m	11.2m	2.9m	3.3m	3.1m
`630`	2.7m	2.6m	2.5m	2.4m	2.4m	2.3m	2.1m	2.0m	3.3m	4.6m	4.8m	4.7m	4.6m	4.9m	28,071	42,103	36,233
`631/4`	-312	-240,916	-72,844	99,574	350,100	292,847	112,931	155,759	24,691	-125,434	66,243	175,379	107,429	-227,172	-	-	-
`635/8`	23,100	49,139	-36,802	5,692	-18,429	-13,350	-235,370	420,014	-6,943	32,966	23,118	23,142	-13,272	30,070	-7,778	473	-25,697
`640/8`	108,382	78,204	86,532	105,608	287,421	136,536	106,025	103,747	102,318	137,828	247,130	201,322	259,973	189,743	20,906	28,249	31,565
`66A`	-	-	-	-	-	-	-	1.9m	5,260	174,899	7.6m	65,350	-783,756	2.2m	366,010	550,965	-
`9901`	-230,304	427,894	-247,363	735,400	940,427	-946,606	-2.2m	-1.9m	-497,425	-3.0m	640,742	-2.5m	-2.7m	-4.1m	203,175	78,385	805,209
`75/76B`	883,507	1.4m	1.3m	168,087	684,143	1.7m	1.6m	1.7m	1.7m	1.7m	1.7m	1.7m	1.0m	111,790	138,748	375,146	2.7m
`75`	883,507	1.4m	1.3m	168,087	684,143	1.7m	1.6m	1.7m	1.7m	1.7m	1.7m	1.7m	1.0m	111,790	138,748	375,146	2.7m
`750`	794,082	1.4m	1.1m	74,501	658,667	1.6m	1.6m	1.6m	1.6m	1.6m	1.6m	1.6m	918,667	-	-	-	574,008
`751`	-	-	-	-	-	-	-	-	-	-	17	285	-	18,723	135,762	375,037	2.1m
`752/9`	89,425	53,756	152,078	93,587	25,477	86,542	28,218	105,515	112,563	73,033	138,091	114,290	91,059	93,066	2,986	110	24,517
`65/66B`	178,498	185,000	218,174	331,197	270,599	260,126	310,368	489,309	394,159	465,537	612,053	618,383	636,788	645,522	18,017	18,321	49,962
`65`	178,498	185,000	218,174	331,197	270,599	260,126	310,368	489,309	394,159	465,537	612,053	618,383	636,788	645,522	18,017	18,321	49,962
`650`	-	-	-	8,077	34,751	92,434	126,754	163,190	196,943	229,986	279,201	320,946	365,814	400,039	14,765	17,887	14,189
`652/9`	178,498	185,000	218,174	323,119	235,848	167,692	183,614	326,119	197,216	235,551	332,851	297,437	270,974	245,484	3,252	434	35,773
`9903`	474,704	1.7m	789,519	572,291	1.4m	465,810	-897,951	-708,576	802,644	-1.8m	-5.7m	-1.4m	-1.1m	-6.1m	-37,130	-115,754	3.5m
`67/77`	-	-	-	-	-	-	-	-4,007	-	-	-	-	-	-	-	-	-
`77`	-	-	-	-	-	-	-	4,007	-	-	-	-	-	-	-	-	-
`9904`	474,704	1.7m	789,519	572,291	1.4m	465,810	-897,951	-704,569	802,644	-1.8m	-5.7m	-1.4m	-1.1m	-6.1m	-37,130	-115,754	3.5m
`9905`	474,704	1.7m	789,519	572,291	1.4m	465,810	-897,951	-704,569	802,644	-1.8m	-5.7m	-1.4m	-1.1m	-6.1m	-37,130	-115,754	3.5m
Appropriation of the result
`9906`	4.9m	4.4m	2.7m	1.9m	1.4m	465,810	-896,560	-703,609	801,960	-20.0m	-18.2m	-12.5m	-11.1m	-10.0m	-150,430	-113,300	3.5m
`14P`	4.4m	2.7m	1.9m	1.4m	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	896,560	705,000	-	20.0m	-	-	-	-	-	-	-
`792`	-	-	-	-	-	-	896,560	705,000	-	20.0m	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	465,810	-	-	801,000	-	-	-	-	-	-	-	3.5m
`6921`	-	-	-	-	-	465,810	-	-	801,000	-	-	-	-	-	-	-	3.5m
Social balance sheet
`9087`	103.3	103.9	106	109	110.8	112.8	114.2	109.9	107.2	103.8	107.5	118.6	135.6	146	27.3	29.9	27.9
Men (FTE)`1003`	56.8	58.2	60.5	62	63.6	63.5	66.9	65.1	64.7	62.4	64.7	70.1	87.4	95	-	-	-
Women (FTE)`1003`	46.5	45.7	45.2	47	47.2	49.3	47.3	44.8	42.5	41.4	42.8	48.5	48.2	51	-	-	-
Agency workers`1501`	1.2	1.4	1	4	4	3	5.4	9.2	9.3	13.2	11.8	3.7	11.2	6.5	0.3	0.2	0.3
Hours worked`1013`	163,004	161,736	165,321	176,962	176,372	172,044	186,120	178,885	176,187	170,916	178,966	191,432	228,623	242,811	44,447	49,376	44,674
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 20 older financial years (1988-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 66 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	19-06-2026	2026-00189000	PDF
31-12-2024	full format	19-06-2025	2025-00172329	PDF
31-12-2023	full format	26-06-2024	2024-00198540	PDF
31-12-2022	full format	30-06-2023	2023-00209556	PDF
31-12-2021	full format	29-06-2022	2022-20158261	PDF
31-12-2020	full format	07-07-2021	2021-33700188	PDF
31-12-2019	full format	09-07-2020	2020-28400031	PDF
31-12-2018	full format	28-06-2019	2019-27400455	PDF
31-12-2017	full format	18-07-2018	2018-35800368	PDF
31-12-2016	full format	31-07-2017	2017-39600394	PDF
31-12-2015	full format	11-07-2016	2016-30800368	PDF
31-12-2014	full format	22-07-2015	2015-32300076	PDF
31-12-2013	full format	17-07-2014	2014-31400371	PDF
31-12-2012	full format	15-07-2013	2013-29800028	PDF
31-12-2011	full format	13-07-2012	2012-28700242	PDF
31-12-2010	full format	13-07-2011	2011-28300548	PDF
31-12-2009	full format	30-06-2010	2010-23400141	PDF
31-12-2008	full format	03-07-2009	2009-34900207	PDF
31-12-2007	full format	10-07-2008	2008-38200275	PDF
31-12-2006	full format	18-07-2007	2007-41500278	PDF
31-12-2005	full format	30-06-2006	2006-35400249	PDF
31-12-2004	full format	27-06-2005	2005-32600280	PDF
31-12-2003	full format	24-06-2004	2004-30500012	PDF
31-12-2002	full format	13-06-2003	2003-22500198	PDF
31-12-2001	full format	28-06-2002	2002-28600198	PDF
31-12-2000	full format	12-06-2001	2001-20004486	PDF
31-12-1999	full format	26-06-2000	2000-29500367	PDF
31-12-1998	full format	16-06-1999	1999-18604106	PDF
31-12-1997	full format	18-06-1998	1998-19304218	PDF
31-12-1996	full format	19-06-1997	1997-17802152	PDF
31-12-1995	full format	13-06-1996	1996-16801342	PDF
31-12-1994	full format	27-06-1995	1995-29800495	PDF
31-12-1993	full format	13-07-1994	1994-29203120	PDF
31-12-1992	full format	22-06-1993	1993-15700402	PDF
31-12-1991	full format	01-07-1992	1992-18701505	PDF
31-12-1990	full format	12-06-1991	1991-09302381	PDF
31-12-1989	full format	15-06-1990	1990-09002452	PDF
31-12-1988	full format	14-06-1989	1989-08301485	PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €56,185 awarded, €56,185 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

€51,989

Vlaams opleidingsverlof (VOV)

€4,196

Year	Entries	Awarded	Paid
2025	1	€10,071	€10,071
2024	1	€10,188	€10,188
2023	1	€15,427	€15,427
2022	2	€20,499	€20,499

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008
2.5m	3.0m	2.2m	3.2m	3.4m	1.3m	-112,520	48,856	2.8m	1.6m	5.4m	2.2m	1.9m	733,068	231,246	120,488	841,442
3.2m	4.3m	3.3m	3.0m	3.8m	2.7m	1.2m	1.3m	4.1m	2.8m	-868,872	3.3m	3.5m	-1.3m	-9,060	-73,651	3.6m
2.4m	2.5m	2.4m	3.8m	3.0m	2.2m	2.4m	2.1m	1.5m	2.0m	1.4m	1.2m	2.1m	1.6m	6,709	37,938	14,560
-	-	-	-	-	-	-	-9,429	10,380	-1,192	-7.0m	2.1m	-36.0m	-	917,364	2.7m	-
46.8m	46.0m	44.1m	43.2m	44.0m	11.1m	11.3m	13.3m	12.5m	10.5m	10.2m	13.2m	11.7m	44.2m	68.3m	68.4m	67.9m
-0.7%	1.2%	-0.7%	1.9%	2.6%	-3.0%	-6.3%	-5.0%	-1.3%	-8.9%	1.8%	-7.5%	-7.1%	-11.0%	6.7%	2.4%	11.6%
86.8%	86.1%	85.6%	87.2%	85.5%	88.3%	82.4%	82.7%	81.7%	83.0%	82.7%	82.3%	81.3%	77.0%	95.1%	95.7%	94.7%
7.17	6.75	6.43	7.25	6.53	3.03	2.34	2.79	2.57	2.70	2.64	2.92	2.55	5.32	26.04	31.33	19.80
6.23	5.97	5.62	5.94	5.44	1.76	1.46	1.65	1.70	1.67	1.78	2.07	1.75	4.73	26.04	31.33	19.80
0.14	0.15	0.16	0.14	0.16	0.12	0.21	0.20	0.22	0.20	0.20	0.21	0.22	0.27	0.04	0.03	0.05
0.9%	3.2%	1.6%	1.2%	2.8%	1.0%	-1.9%	-1.5%	1.7%	-3.7%	-11.4%	-2.6%	-2.0%	-10.6%	-0.1%	-0.2%	5.2%
0.8%	2.8%	1.3%	1.0%	2.4%	0.9%	-1.6%	-1.2%	1.3%	-3.1%	-9.4%	-2.1%	-1.6%	-8.2%	-0.1%	-0.2%	4.9%
14.03	16.43	10.30	over 100	96.85	14.29	-0.89	0.30	14.08	6.98	19.43	6.93	5.22	1.83	15.66	6.74	59.30
48 days	46 days	47 days	46 days	47 days	42 days	57 days	44 days	57 days	49 days	64 days	68 days	68 days	71 days	148 days	180 days	245 days
78 days	93 days	95 days	61 days	80 days	46 days	79 days	57 days	67 days	49 days	56 days	61 days	61 days	86 days	216 days	127 days	120 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2025

Verkoop modulaire lampen €35,417,658100.0%

Source: 2025 accounts, page 25, filing 2026-00189000

By geographic market 2020

EU €17,954,45356.5%
België €7,849,97224.7%
buiten EU €5,984,81818.8%

Total €31,789,243

Source: 2020 accounts, page 26, filing 2021-33700188

All years (2010 to 2025)

By activity

By activity	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Verkoop modulaire lampen	€33,544,989	€37,777,607	€37,837,332	€34,942,198	€31,789,243	€35,902,081	€38,812,611	€35,445,223	€34,433,104	€35,417,658

By geographic market

By geographic market	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
EU	-	-	-	€16,627,299	€13,903,623	€18,791,126	€18,893,651	€23,018,608	€22,685,631	-	€17,954,453
België	-	-	-	€10,686,623	€9,957,497	€9,543,321	€8,376,471	€6,997,404	€7,589,824	€8,324,492	€7,849,972
buiten EU	-	-	-	€10,466,820	€8,957,896	€7,025,499	€6,274,868	€7,761,595	€7,561,877	€6,654,427	€5,984,818
EU (excl België)	-	-	-	-	-	-	-	-	-	€19,963,280	-
E.E.G	€3,028,124	€11,416,146	€18,131,346	-	-	-	-	-	-	-	-
buiten E.E.G.	-	€4,209,754	€8,782,148	-	-	-	-	-	-	-	-
Total	€3,028,124	€15,625,900	€26,913,494	€37,780,742	€32,819,017	€35,359,946	€33,544,989	€37,777,607	€37,837,332	€34,942,198	€31,789,243

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	105	106	109	113	114
full-time	83	86	89	89	92
part-time	22	20	20	24	22
in full-time equivalents	100.7	101.9	105	108.1	109.5
	103.3	103.9	105.7	109	110.8
On a permanent contract	104	105	108	112	113
Joined	7	4	7	10	4
Left	8	7	11	11	6
Agency workers, average number	1.2	1.4	1	4	4
Training hours	606	546	662	852	3,651

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€458,986	€482,519	€445,629	€1.7m	€627,418
Intangible fixed assets	€1.9m	€2.0m	€1.9m	€2.1m	€2.4m
	€2.7m	€2.6m	€2.5m	€2.4m	€2.4m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

Item	2025	2024	2023	2022	2021
Fee for the audit	€22,675	€22,597	€22,439	€22,538	€22,205

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on PITS

The operating result for 2025 is a loss of €230,304, after a profit of €427,894 in 2024.

Debt's share of the balance-sheet total falls from 13.3% to 12.6%. Equity is higher and debt is lower.

Next steps

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Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cash

Position in the sector

Solvency86.8%

Current ratio7.17

Return on assets0.8%

Staff

Men and women45% women

Staff cost per FTE€101,935

Joined and left-1 person

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €56,185 awarded, €56,185 paid

Key figures and ratios

Revenue breakdown

By activity 2025

By geographic market 2020

By activity

By geographic market

Social balance sheet

Investments

Auditor

Insights on PITS

Next steps

in €m

86.8%

7.17

0.8%

€101,935

-1 person