CONNECT GROUP
0448.332.911 · rovalta.com · 22/09/2026
ACTIVE
CONNECT GROUP
Financial year 2025 · closed on 31/12/2025
Net result
-26 M €
-591.0% YoY
Revenue
116,8 M €
-0.5% YoY
Equity
33,8 M €
-43.5% YoY
Workforce
212,6 ETP
-1.0% YoY
Overview
What does CONNECT GROUP do?
CONNECT GROUP is a Public limited company incorporated in 1992. Its main activity is: Manufacture of electronic components. Its registered office is in Kampenhout. It employs on average 212,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.332.911
Incorporation
03/10/1992
Legal form
Public limited company
Registered office
Industriestraat 4
1910 Kampenhout · FlandreSee on map
1910 Kampenhout · FlandreSee on map
Contributed capital
48 421 632,00 €
Latest accounts
31/12/2025
Average workforce
212,6 ETP
Activities (NACE)
26110Manufacture of electronic components· main26110Manufacture of electronic components26120Manufacture of loaded electronic boards26120Manufacture of loaded electronic boards26510Manufacture of instruments and appliances for measuring, testing and navigation26510Manufacture of instruments and appliances for measuring, testing and navigation
Joint committees (2)
- 111
- 209
Signals
Good liquidityHealthy social debtsHigh revenue
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Financials
Trend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2014 | 2008 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Revenue | 116,8 M € | -0.5% | 117,3 M € | -10.9% | 131,7 M € | +18.4% | 111,2 M € | +185% | 39,1 M € | -55.8% | 88,3 M € |
| EBITDA | -1,3 M € | -120% | 6,4 M € | -39.4% | 10,5 M € | +28.5% | 8,2 M € | +345% | -3,3 M € | -145% | 7,5 M € |
| Operating result | -13,3 M € | -377% | 4,8 M € | -44.0% | 8,6 M € | +65.5% | 5,2 M € | +267% | -3,1 M € | -142% | 7,4 M € |
| Net result | -26 M € | -591% | 5,3 M € | -59.9% | 13,2 M € | +175% | 4,8 M € | +159% | -8,1 M € | -95.4% | -4,2 M € |
| Balance sheet | |||||||||||
| Equity | 33,8 M € | -43.5% | 59,8 M € | +9.7% | 54,5 M € | +17.7% | 46,3 M € | +98.2% | 23,3 M € | -47.8% | 44,7 M € |
| Total assets | 118,1 M € | -12.5% | 135 M € | +3.2% | 130,9 M € | +12.7% | 116,1 M € | +31.1% | 88,5 M € | -32.8% | 131,7 M € |
| Cash | 1,6 M € | +109645% | 1,4 k € | -74.0% | 5,5 k € | -93.0% | 78,5 k € | +776% | 9 k € | -80.0% | 44,8 k € |
| Debts | 75,6 M € | +3.8% | 72,8 M € | -1.5% | 73,9 M € | +10.2% | 67,1 M € | +12.0% | 59,9 M € | -29.6% | 85,1 M € |
| Other | |||||||||||
| Workforce | 212,6 ETP | -1.0% | 214,8 ETP | -0.8% | 216,6 ETP | +0.0% | 216,5 ETP | +32.1% | 163,9 ETP | -48.2% | 316,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 20 ended
Active mandates
Active
Active
Active
Active
KC GmbH
ActiveActive
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2026 | 04/07/2025 | 12/06/2024 | 05/06/2023 | 03/08/2022 | 01/06/2021 |
| General meeting | 25/06/2026 | 26/06/2025 | 30/05/2024 | 25/05/2023 | 30/06/2022 | 27/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
38 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 25/06/2026 | 01/07/2026 | Dutch | |
| Full model | 31/12/2024 | 26/06/2025 | 04/07/2025 | Dutch | |
| m120-f-p | 31/12/2024 | 26/06/2025 | 03/07/2025 | Dutch | |
| Full model | 31/12/2023 | 30/05/2024 | 12/06/2024 | Dutch | |
| m120-f-p | 31/12/2023 | 27/06/2024 | 09/07/2024 | Dutch | |
| Full model | 31/12/2022 | 25/05/2023 | 05/06/2023 | Dutch | |
| m120-f-p | 31/12/2022 | 25/05/2023 | 05/06/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 03/08/2022 | Dutch | |
| m120-f-p | 31/12/2021 | 18/07/2022 | 03/08/2022 | Dutch | |
| Full model | 31/12/2020 | 27/05/2021 | 01/06/2021 | Dutch | |
| Full model | 31/12/2019 | 28/04/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 30/04/2019 | 03/05/2019 | Dutch | |
| m120-f-p | 31/12/2018 | 30/04/2019 | 07/05/2019 | Dutch | |
| Full model | 31/12/2017 | 24/04/2018 | 31/05/2018 | Dutch | |
| m120-f-p | 31/12/2017 | 24/04/2018 | 29/05/2018 | Dutch | |
| Full model | 31/12/2016 | 25/04/2017 | 08/05/2017 | Dutch | |
| m120-f-p | 31/12/2016 | 25/04/2017 | 08/05/2017 | Dutch | |
| Full model | 31/12/2015 | 26/04/2016 | 23/05/2016 | Dutch | |
| m120-f-p | 31/12/2015 | 26/04/2016 | 25/05/2016 | Dutch | |
| Full model | 31/12/2014 | 28/04/2015 | 26/05/2015 | Dutch | |
| m120-f-p | 31/12/2014 | 28/04/2015 | 26/05/2015 | Dutch | |
| Full model | 31/12/2013 | 29/04/2014 | 12/05/2014 | Dutch | |
| m120-f-p | 31/12/2013 | 29/04/2014 | 20/05/2014 | Dutch | |
| Full model | 31/12/2012 | 30/04/2013 | 31/05/2013 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 20 ended
Active mandates
Active
Active
Active
Active
KC GmbH
ActiveActive
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other06/07/2026—
- Mandates04/11/2025ONTSLAGEN - BENOEMINGEN
- Mandates10/03/2025ONTSLAGEN - BENOEMINGEN
- Mandates09/07/2024ONTSLAGEN - BENOEMINGEN
- Other04/05/2023ALGEMENE VERGADERING
- Restructuring20/10/2022KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring24/08/2022RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates10/09/2021ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-26 M €↓
- 01/01/2025nominationHannes Poelmans — vaste vertegenwoordiger van de commissaris
- 2024Annual accounts 20245,3 M €↓
- 01/01/2024nominationAdfincon BV — bestuurder
- 2023Annual accounts 202313,2 M €↑
- 25/05/2023nominationFocus Advies BV — bestuurder
- 25/05/2023nominationKC GmbH — bestuurder
- 25/05/2023reconductionHuub Baren BV — bestuurder
- 25/05/2023reconductionJeroen Tuik BV — bestuurder
- 25/05/2023reconductionLarens Consulting BV — bestuurder
- 25/05/2023reconductionDeloitte Bedrijfsrevisoren — Commissaris
- 2022Annual accounts 20224,8 M €↑
- 30/09/2022autre
- 2014Annual accounts 2014-8,1 M €↓
- 2014Name changeCONNECT GROUP
- 2008Annual accounts 2008-4,2 M €
- 2008Name changeINTEGRATED PRODUCTION AND TEST ENGINEERING
- 03/10/1992IncorporationPublic limited company