RITEC
Annual accounts 2025
abbreviated format, filed on 24-04-2026, 98 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.5m. Estimated: probably between €2.9m and €7.7m.
Money flows
no detail for 2025Balance sheet
balance sheet total €2.1m on 31-12-2025in €m
in euro
Position in the sector
68.9%
Higher than 75% of 9,902 companies in 2025.
3.06
Higher than 72% of 9,665 companies in 2025.
12.8%
Higher than 81% of 9,780 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half
Staff
€82,671
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 2 people joined and 1 left. Training hours in 2025: 24.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
2.1m | 2.0m | 1.9m | 1.7m | 1.7m | 1.3m | 1.3m | 1.1m | 1.1m | 1.1m | 885,221 | 797,645 | 871,436 | 877,461 | 826,710 | 623,328 | 692,049 | 681,098 | 565,331 | |
21/28 |
123,956 | 155,748 | 54,509 | 63,697 | 81,327 | 106,199 | 48,472 | 62,950 | 54,425 | 55,194 | 26,510 | 22,618 | 36,140 | 40,287 | 62,104 | 92,732 | 108,562 | 149,227 | 100,126 | |
21 |
104,841 | 134,457 | 36,488 | 34,089 | 47,348 | 60,607 | 0 | 240 | 600 | 1,306 | 2,011 | 1,689 | 2,530 | 2,636 | 4,125 | 4,754 | 2,266 | 420 | 630 | |
22/27 |
15,215 | 17,416 | 14,164 | 25,755 | 30,129 | 41,742 | 44,622 | 58,863 | 49,981 | 50,048 | 24,499 | 20,929 | 33,610 | 37,651 | 57,979 | 87,979 | 106,295 | 148,807 | 99,496 | |
22 |
781 | 1,823 | 2,865 | 4,180 | 5,357 | 6,534 | 7,711 | 8,921 | 10,465 | 1,746 | 2,478 | 2,578 | 10,545 | 22,047 | 33,835 | 42,308 | 52,462 | 64,904 | 76,592 | |
23 |
3,367 | 1,342 | 1,800 | - | - | - | 0 | 4 | 46 | 88 | 341 | 647 | 1,007 | 331 | 1,058 | 1,429 | 2,575 | 3,756 | 5,419 | |
24 |
11,067 | 14,251 | 9,414 | 18,414 | 18,848 | 26,520 | 25,456 | 35,667 | 21,632 | 26,865 | 21,680 | 17,704 | 22,059 | 15,273 | 23,086 | 44,242 | 51,259 | 80,147 | 17,486 | |
26 |
- | 0 | 85 | 3,161 | 5,924 | 8,688 | 11,455 | 14,271 | 17,839 | 21,349 | - | - | - | - | - | - | - | - | - | |
28 |
3,901 | 3,875 | 3,857 | 3,853 | 3,850 | 3,850 | 3,850 | 3,847 | 3,843 | 3,840 | - | - | - | - | - | - | - | - | - | |
29/58 |
2.0m | 1.9m | 1.9m | 1.7m | 1.6m | 1.2m | 1.2m | 1.1m | 1.0m | 1.0m | 858,711 | 775,028 | 835,296 | 837,173 | 764,607 | 530,596 | 583,487 | 531,872 | 465,205 | |
3 |
39,798 | 27,924 | 11,236 | 11,174 | 9,363 | 7,168 | 7,386 | 15,911 | 24,304 | 30,190 | 24,382 | 15,469 | 25,242 | 36,080 | 43,357 | 28,674 | 33,230 | 32,357 | 52,080 | |
30/36 |
39,798 | 27,924 | 11,236 | 11,174 | 9,363 | 7,168 | 7,386 | 15,911 | 24,304 | 30,190 | 24,382 | 15,469 | 25,242 | 36,080 | 43,357 | 28,674 | 33,230 | 32,357 | 52,080 | |
40/41 |
535,886 | 517,614 | 712,824 | 821,327 | 604,207 | 494,930 | 599,490 | 615,421 | 549,434 | 724,621 | 519,881 | 569,160 | 446,994 | 448,753 | 491,736 | 266,447 | 371,065 | 242,197 | 279,143 | |
40 |
496,615 | 513,464 | 637,824 | 808,909 | 604,207 | 472,930 | 575,280 | 606,392 | 549,434 | 724,621 | 458,274 | 569,138 | 431,994 | 443,753 | 491,736 | 266,447 | 370,841 | 242,197 | 279,143 | |
41 |
39,271 | 4,150 | 75,000 | 12,418 | 0 | 22,000 | 24,210 | 9,029 | - | - | 61,607 | 22 | 15,000 | 5,000 | - | - | 224 | - | - | |
50/53 |
500,000 | 650,000 | 150,000 | - | - | - | 0 | 7,667 | 7,667 | 7,667 | 7,667 | 7,667 | 7,667 | 7,182 | 5,822 | 7,667 | 7,667 | 7,667 | 7,667 | |
54/58 |
846,701 | 623,942 | 988,867 | 833,955 | 978,676 | 692,497 | 614,062 | 412,547 | 441,877 | 258,959 | 299,920 | 178,504 | 345,578 | 338,827 | 214,682 | 224,638 | 168,312 | 246,028 | 125,041 | |
490/1 |
39,650 | 33,251 | 23,970 | 10,131 | 20,093 | 16,532 | 12,912 | 5,654 | 6,489 | 7,066 | 6,860 | 4,228 | 9,814 | 6,332 | 9,009 | 3,169 | 3,213 | 3,623 | 1,274 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
2.1m | 2.0m | 1.9m | 1.7m | 1.7m | 1.3m | 1.3m | 1.1m | 1.1m | 1.1m | 885,221 | 797,645 | 871,436 | 877,461 | 826,710 | 623,328 | 692,049 | 681,098 | 565,331 | |
10/15 |
1.4m | 1.3m | 1.2m | 905,015 | 867,047 | 952,297 | 809,591 | 606,690 | 585,432 | 418,319 | 309,889 | 392,290 | 324,709 | 306,859 | 258,550 | 425,644 | 370,824 | 416,237 | 339,280 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,192 | 6,192 | 6,192 | 6,192 | |
13 |
1.4m | 1.3m | 1.2m | 886,465 | 848,497 | 933,747 | 791,041 | 588,140 | 460,432 | 293,319 | 181,250 | 181,250 | 179,150 | 178,250 | 130,250 | 43,109 | 43,109 | 43,109 | 43,109 | |
130/1 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 12,500 | 12,500 | 12,500 | 12,500 | 10,400 | 9,500 | 6,500 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | 0 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | 28,750 | |
133 |
1.4m | 1.3m | 1.2m | 884,610 | 817,892 | 903,142 | 760,436 | 557,535 | 419,182 | 252,069 | 140,000 | 140,000 | 140,000 | 140,000 | 95,000 | 12,500 | 12,500 | 12,500 | 12,500 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | 3,639 | 86,040 | 20,559 | 3,609 | 3,300 | 370,135 | 315,314 | 360,727 | 283,771 | |
17/49 |
649,681 | 697,482 | 730,757 | 835,271 | 826,617 | 365,030 | 472,731 | 513,460 | 498,764 | 665,378 | 575,332 | 405,356 | 546,727 | 570,602 | 568,160 | 197,684 | 321,225 | 264,862 | 226,052 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,920 | 12,047 | 11,216 | 23,167 | 17,697 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,920 | 12,047 | 11,216 | 23,167 | 17,697 | |
42/48 |
640,962 | 685,836 | 715,611 | 822,821 | 815,699 | 356,935 | 466,401 | 507,683 | 494,272 | 664,288 | 575,332 | 396,906 | 532,775 | 555,856 | 557,421 | 184,027 | 308,399 | 240,085 | 206,722 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,920 | 9,127 | 15,462 | 11,951 | 11,396 | 10,790 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | 6,767 | 8,459 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 6,767 | 8,459 | - | - | - | - | - | |
44 |
390,080 | 304,117 | 399,731 | 426,711 | 305,336 | 178,022 | 304,028 | 336,552 | 303,128 | 433,409 | 347,203 | 214,220 | 256,789 | 264,822 | 286,486 | 127,732 | 235,284 | 167,165 | 159,532 | |
440/4 |
390,080 | 304,117 | 399,731 | 426,711 | 305,336 | 178,022 | 304,028 | 336,552 | 303,128 | 433,409 | 347,203 | 214,220 | 256,789 | 264,822 | 286,486 | 127,732 | 235,284 | 167,165 | 159,532 | |
46 |
- | - | - | 0 | 43,345 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
104,485 | 99,103 | 113,362 | 147,603 | 189,583 | 100,691 | 80,927 | 82,444 | 95,830 | 83,237 | 93,129 | 114,197 | 79,003 | 78,364 | 60,102 | 40,833 | 61,164 | 61,524 | 36,400 | |
450/3 |
44,420 | 51,934 | 66,301 | 94,613 | 82,224 | 39,593 | 40,811 | 44,096 | 54,469 | 40,471 | 58,838 | 71,776 | 35,187 | 23,951 | 23,216 | 21,662 | 24,647 | 23,074 | 17,701 | |
454/9 |
60,065 | 47,169 | 47,061 | 52,990 | 107,359 | 61,098 | 40,116 | 38,348 | 41,361 | 42,766 | 34,291 | 42,420 | 43,816 | 54,414 | 36,886 | 19,171 | 36,517 | 38,449 | 18,699 | |
47/48 |
146,397 | 282,616 | 202,518 | 248,507 | 277,435 | 78,222 | 81,445 | 88,687 | 95,315 | 147,643 | 135,000 | 68,489 | 190,217 | 201,291 | 201,706 | - | - | - | - | |
492/3 |
8,719 | 11,646 | 15,145 | 12,450 | 10,919 | 8,095 | 6,330 | 5,777 | 4,492 | 1,090 | - | 8,449 | 13,952 | 14,746 | 7,819 | 1,610 | 1,610 | 1,610 | 1,633 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1.7m | - | - | - | - | - | |
76A |
4,296 | 2,381 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | 5,200 | - | |
9900 |
896,480 | 795,385 | 1.0m | 646,452 | 599,504 | 576,384 | 612,949 | 531,838 | 580,950 | 682,150 | 390,531 | 497,453 | 393,955 | 380,122 | 403,734 | 282,565 | 258,083 | 356,011 | 285,956 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1.4m | - | - | - | - | - | |
62 |
446,425 | 367,404 | 393,651 | 320,734 | 415,805 | 323,410 | 282,980 | 275,613 | 269,015 | 244,456 | 256,632 | 328,205 | 313,456 | 257,583 | 215,071 | 181,888 | 253,188 | 192,401 | 133,024 | |
630 |
36,305 | 26,619 | 33,567 | 27,049 | 28,141 | 21,032 | 14,481 | 21,515 | 15,241 | 22,143 | 17,562 | 20,753 | 30,965 | 26,233 | 43,611 | 42,969 | 41,855 | 50,031 | 44,389 | |
631/4 |
57,928 | - | - | - | - | - | - | - | - | - | - | - | -1,742 | - | - | -2,677 | -311 | 4,730 | - | |
640/8 |
1,798 | 2,053 | 2,872 | 2,886 | 3,232 | 3,004 | 2,190 | 2,663 | 4,442 | 3,445 | 2,234 | 2,560 | 5,820 | 2,639 | 3,062 | 3,203 | 7,765 | 3,572 | 3,512 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,240 | - | - | |
9901 |
354,024 | 399,310 | 590,325 | 295,783 | 152,327 | 228,938 | 313,298 | 232,047 | 292,252 | 412,106 | 114,103 | 145,934 | 45,456 | 93,666 | 141,989 | 57,182 | -44,414 | 105,277 | 105,031 | |
75/76B |
23,173 | 26,325 | 13,041 | 5,123 | 6,769 | 17,306 | 4,959 | 2,899 | 6,759 | 8,242 | 5,227 | 6,607 | 2,270 | 2,392 | 6,678 | 918 | 2,053 | 5,672 | 1,785 | |
75 |
23,173 | 26,325 | 13,041 | 5,123 | 6,769 | 17,306 | 4,959 | 2,899 | 6,759 | 8,242 | 5,227 | 6,607 | 2,270 | 2,392 | 6,678 | 918 | 2,053 | 5,672 | 1,785 | |
65/66B |
18,828 | 21,389 | 18,315 | 18,701 | 10,719 | 11,308 | 14,510 | 16,271 | 15,822 | 16,029 | 38,727 | 24,281 | 20,367 | 28,298 | 13,032 | 2,949 | 3,070 | 3,319 | 2,600 | |
65 |
18,828 | 21,389 | 18,315 | 18,701 | 10,719 | 11,308 | 14,510 | 16,271 | 15,822 | 16,029 | 38,727 | 24,281 | 20,367 | 28,298 | 13,032 | 2,949 | 3,070 | 3,319 | 2,600 | |
9903 |
358,369 | 404,245 | 585,051 | 282,205 | 148,377 | 234,936 | 303,747 | 218,675 | 283,189 | 404,319 | 80,604 | 128,261 | 27,359 | 67,761 | 135,636 | 55,151 | -45,671 | 112,830 | 104,216 | |
67/77 |
90,348 | 100,997 | 151,708 | 77,125 | 36,126 | 92,230 | 100,847 | 90,967 | 116,076 | 158,890 | 28,004 | 44,430 | 9,508 | 19,452 | 45,329 | 330 | -258 | 35,873 | 32,945 | |
9904 |
268,021 | 303,249 | 433,343 | 205,080 | 112,251 | 142,706 | 202,900 | 127,709 | 167,113 | 245,430 | 52,599 | 83,831 | 17,850 | 48,309 | 90,306 | 54,820 | -45,413 | 76,957 | 71,270 | |
789 |
- | - | 0 | 28,750 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
268,021 | 303,249 | 433,343 | 233,830 | 112,251 | 142,706 | 202,900 | 127,709 | 167,113 | 245,430 | 52,599 | 83,831 | 17,850 | 48,309 | 90,306 | 54,820 | -45,413 | 76,957 | 71,270 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
268,021 | 303,249 | 433,343 | 233,830 | 112,251 | 142,706 | 202,900 | 127,709 | 167,113 | 249,069 | 138,639 | 104,390 | 21,459 | 51,609 | 460,441 | 370,135 | 315,314 | 360,727 | 283,771 | |
791/2 |
142,706 | 202,900 | 127,709 | 167,113 | 197,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
268,021 | 303,249 | 433,343 | 233,830 | 112,251 | 142,706 | 202,900 | 127,709 | 167,113 | 112,069 | - | 2,100 | 900 | 48,000 | 87,141 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 2,100 | 900 | 3,000 | 4,641 | - | - | - | - | |
6921 |
268,021 | 303,249 | 433,343 | 233,830 | 112,251 | 142,706 | 202,900 | 127,709 | 167,113 | 112,069 | - | - | - | 45,000 | 82,500 | - | - | - | - | |
694/7 |
142,706 | 202,900 | 127,709 | 167,113 | 197,500 | - | - | - | - | 137,000 | 135,000 | 16,250 | - | - | 370,000 | - | - | - | - | |
694 |
142,706 | 202,900 | 127,709 | 167,113 | 197,500 | - | - | - | - | 137,000 | 135,000 | 16,250 | - | - | 370,000 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
5.4 | 4.5 | 4.3 | 4.5 | 5 | 4.9 | 4 | 4.1 | 4.3 | 3.7 | 3.7 | 5.4 | 5.1 | 4.7 | 3.3 | 3 | 3.3 | 4.3 | 2.2 | |
Hours worked1013 |
9,437 | 7,778 | 8,343 | 7,645 | 8,465 | 8,221 | 6,880 | 7,157 | 7,344 | 6,441 | 6,273 | 8,450 | 9,004 | 7,642 | 5,504 | 5,113 | 6,893 | 5,775 | 4,720 | |
| Document | ||||||||||||||||||||
The accounts for 10 older financial years (1997-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
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 | abbreviated format | 24-04-2026 | 2026-00089437 | |
| 31-12-2024 | abbreviated format | 27-06-2025 | 2025-00199805 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00185734 | |
| 30-09-2022 | abbreviated format | 31-03-2023 | 2023-00052571 | |
| 30-09-2021 | abbreviated format | 29-03-2022 | 2022-09500302 | |
| 30-09-2020 | abbreviated format | 16-03-2021 | 2021-07600464 | |
| 30-09-2019 | abbreviated format | 19-05-2020 | 2020-12500225 | |
| 30-09-2018 | abbreviated format | 25-03-2019 | 2019-07700492 | |
| 30-09-2017 | abbreviated format | 20-03-2018 | 2018-07100478 | |
| 30-09-2016 | abbreviated format | 27-01-2017 | 2017-02500501 | |
| 30-09-2015 | abbreviated format | 29-01-2016 | 2016-03700344 | |
| 30-09-2014 | abbreviated format | 08-04-2015 | 2015-09400588 | |
| 30-09-2013 | abbreviated format | 27-03-2014 | 2014-07600251 | |
| 30-09-2012 | abbreviated format | 02-04-2013 | 2013-08300497 | |
| 30-09-2011 | abbreviated format | 13-04-2012 | 2012-08600279 | |
| 30-09-2010 | abbreviated format | 22-03-2011 | 2011-06600311 | |
| 30-09-2009 | abbreviated format | 24-03-2010 | 2010-07700332 | |
| 30-09-2008 | abbreviated format | 18-03-2009 | 2009-07800202 | |
| 30-09-2007 | abbreviated format | 31-03-2008 | 2008-09200066 | |
| 30-09-2006 | abbreviated format | 28-03-2007 | 2007-09300037 | |
| 30-09-2005 | abbreviated format | 28-04-2006 | 2006-11900228 | |
| 30-09-2004 | abbreviated format | 13-04-2005 | 2005-11200174 | |
| 30-09-2003 | abbreviated format | 16-04-2004 | 2004-10900188 | |
| 30-09-2002 | abbreviated format | 01-04-2003 | 2003-09100259 | |
| 30-09-2001 | abbreviated format | 05-04-2002 | 2002-08500164 | |
| 30-09-2000 | abbreviated format | 23-04-2001 | 2001-10200091 | |
| 30-09-1999 | abbreviated format | 28-04-2000 | 2000-10800188 | |
| 30-09-1998 | abbreviated format | 07-04-1999 | 1999-07201161 | |
| 30-09-1997 | abbreviated format | 15-04-1998 | 1998-06604330 |
Subsidies and aid
Flemish government 2022 to 2025, 5 entries, €11,570 awarded, €11,570 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,431 | €1,431 |
| 2024 | 2 | €2,669 | €2,669 |
| 2023 | 1 | €135 | €135 |
| 2022 | 1 | €7,335 | €7,335 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 390,329 | 425,928 | 623,892 | 322,832 | 180,468 | 249,970 | 327,779 | 253,561 | 307,493 | 434,249 | 131,665 | 166,688 | 76,421 | 119,899 | 185,600 | 100,151 | -2,559 | 155,308 | 149,420 | ||
| 304,325 | 329,867 | 466,909 | 232,129 | 140,392 | 163,738 | 217,382 | 149,223 | 182,354 | 267,573 | 70,161 | 104,584 | 48,816 | 74,542 | 133,918 | 97,789 | -3,558 | 126,988 | 115,659 | ||
| 11,077 | 129,477 | 24,378 | 9,419 | 3,269 | 78,760 | 3 | 30,040 | 14,472 | 50,827 | 23,042 | 7,231 | 26,818 | 4,417 | 12,982 | 27,140 | 17,931 | 99,131 | 53,636 | ||
| 222,759 | -364,925 | 154,911 | -144,720 | 286,179 | 78,435 | 201,515 | -29,330 | 182,918 | -40,961 | 121,416 | -167,075 | 6,752 | 124,145 | -9,956 | 56,326 | -77,716 | 120,987 | - | ||
| 1.3m | 1.2m | 1.2m | 853,768 | 796,639 | 854,192 | 767,449 | 549,517 | 535,499 | 364,215 | 283,379 | 378,121 | 302,521 | 281,318 | 207,185 | 346,569 | 275,088 | 291,787 | 258,483 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 5.4% | - | - | - | - | - | ||
| 68.9% | 65.3% | 62.4% | 52.0% | 51.2% | 72.3% | 63.1% | 54.2% | 54.0% | 38.6% | 35.0% | 49.2% | 37.3% | 35.0% | 31.3% | 68.3% | 53.6% | 61.1% | 60.0% | ||
| 3.06 | 2.70 | 2.64 | 2.04 | 1.98 | 3.39 | 2.65 | 2.08 | 2.08 | 1.55 | 1.49 | 1.95 | 1.57 | 1.51 | 1.37 | 2.88 | 1.89 | 2.22 | 2.25 | ||
| 3.00 | 2.66 | 2.62 | 2.02 | 1.97 | 3.37 | 2.63 | 2.05 | 2.03 | 1.50 | 1.45 | 1.91 | 1.52 | 1.44 | 1.29 | 2.73 | 1.78 | 2.08 | 2.00 | ||
| 0.45 | 0.53 | 0.60 | 0.92 | 0.95 | 0.38 | 0.58 | 0.85 | 0.85 | 1.59 | 1.86 | 1.03 | 1.68 | 1.86 | 2.20 | 0.46 | 0.87 | 0.64 | 0.67 | ||
| 18.7% | 23.1% | 35.8% | 22.7% | 12.9% | 15.0% | 25.1% | 21.1% | 28.5% | 58.7% | 17.0% | 21.4% | 5.5% | 15.7% | 34.9% | 12.9% | -12.2% | 18.5% | 21.0% | ||
| 12.8% | 15.1% | 22.3% | 11.8% | 6.6% | 10.8% | 15.8% | 11.4% | 15.4% | 22.6% | 5.9% | 10.5% | 2.0% | 5.5% | 10.9% | 8.8% | -6.6% | 11.3% | 12.6% | ||
| 20.73 | 19.91 | 34.06 | 17.26 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 94 days | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 70 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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 30-09-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 5 | 5 | 5 |
| full-time | 3 | 3 | 3 | 3 |
| part-time | 3 | 2 | 2 | 2 |
| in full-time equivalents | 5.3 | 4.5 | 4.5 | 4.5 |
| 5.4 | 4.5 | 4.3 | 4.5 | |
| On a permanent contract | 6 | 5 | 5 | 5 |
| Joined | 2 | 1 | 1 | 0 |
| Left | 1 | 1 | 1 | 1 |
| Training hours | 24 | 16 | 346 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €11,051 | €14,459 | €4,375 | €9,415 |
| Intangible fixed assets | - | €115,000 | €20,000 | - |
| Financial fixed assets | €26 | €18 | €4 | €4 |
| €36,305 | €26,619 | €33,567 | €27,049 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on RITEC
The operating result for 2025 is 11% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 34.7% to 31.1%. Equity is higher and debt is lower.
- 2023 Net result +111% on 2022. This financial year ran 15 months, the previous one 12.