ACTIVE

NETCONNECT

Financial year 2025 · closed on 30/06/2025
Net result
291,4 k €
+150.4% YoY
Gross margin
3,7 M €
+8.5% YoY
Equity
2,6 M €
+12.6% YoY
Workforce
51,1 ETP
-5.4% YoY

What does NETCONNECT do?

NETCONNECT is a Private limited company incorporated in 1998. Its registered office is in Zandhoven. It employs on average 51,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.786.386
Incorporation
17/12/1998
Legal form
Private limited company
Registered office
Vierselbaan 34
2240 Zandhoven · FlandreSee on map
Contributed capital
73 969,87 €
Latest accounts
30/06/2025
Average workforce
51,1 ETP
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin3,7 M €3,4 M €3,1 M €2,9 M €2,8 M €2,3 M €2,2 M €2 M €1,9 M €1,8 M €1,7 M €1,7 M €1,2 M €1,2 M €1,2 M €1,3 M €1,2 M €1,4 M €2 M €
EBITDA756,4 k €486,8 k €522,9 k €644,5 k €572,3 k €427,6 k €415,2 k €374,3 k €426,6 k €334,2 k €324,8 k €561,2 k €103,5 k €134,1 k €182,8 k €238,6 k €247,5 k €346,7 k €546,7 k €
Operating result455,3 k €212,1 k €282,2 k €453,8 k €416,1 k €260,4 k €243 k €210,3 k €302 k €221,2 k €230,2 k €463,9 k €58,9 k €95 k €149,6 k €223,4 k €218,5 k €306,8 k €401,8 k €
Net result291,4 k €116,4 k €181,6 k €339,7 k €289,6 k €158 k €142,4 k €118,6 k €166,7 k €136,2 k €133 k €320,8 k €5,4 k €49,8 k €79,8 k €123 k €125,5 k €172,5 k €226,7 k €
Balance sheet
Equity2,6 M €2,3 M €2,2 M €2 M €1,7 M €1,4 M €1,2 M €1,1 M €965,6 k €798,9 k €712,7 k €579,7 k €443,2 k €437,9 k €388,1 k €558,4 k €435,4 k €309,9 k €137,4 k €
Total assets5,2 M €5,7 M €4,3 M €3,6 M €4 M €3 M €3,3 M €3,2 M €3 M €2,5 M €2,8 M €2,3 M €1,5 M €1,5 M €1,8 M €1 M €1,2 M €1,4 M €1,2 M €
Cash608,6 k €511,2 k €327,3 k €193,1 k €549,2 k €815,1 k €752,9 k €963,6 k €464,7 k €416,3 k €231,3 k €505,2 k €82,9 k €28,3 k €196,1 k €98,3 k €4,5 k €21,1 k €224,5 k €
Debts2,6 M €3,4 M €2,1 M €1,6 M €2,2 M €1,6 M €2 M €2,1 M €2 M €1,7 M €2,1 M €1,7 M €1 M €1 M €1,4 M €470 k €760 k €972,8 k €918,1 k €
Other
Workforce51,1 ETP54,0 ETP50,2 ETP46,5 ETP45,7 ETP40,9 ETP38,1 ETP34,3 ETP29,9 ETP28,9 ETP28,2 ETP23,0 ETP20,7 ETP21,3 ETP20,0 ETP20,4 ETP20,7 ETP21,1 ETP20,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 11 ended

Active mandates

BRG Consulting

bestuurder · since 17 janvier 2024 · 0749.593.630

Represented by Tom Van Looy

Active
K & K INVEST

bestuurder · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Active
NCE

bestuurder · since 22 octobre 2013 · 0810.679.181

Represented by Tom Op de Weerdt

Active

Ended mandates

K & K INVEST

Manager · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Ended
K & K INVEST

Manager · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Ended
LAN INVEST

Manager · since 22 octobre 2013 · 0478.866.828

Represented by Filip Van Oeckel

Ended
LAN INVEST

Mandate · since 22 octobre 2013 · until 10 avril 2020 · 0478.866.828

Represented by Filip Van Oeckel

Ended
At this address

Other companies at this address

CompanyCBE no.
1002.250.916
TKRActive
0776.528.847
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/12/202513/12/202421/12/202315/12/202216/12/202123/12/2020
General meeting06/12/202507/12/202402/12/202303/12/202204/12/202105/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202506/12/202524/12/2025DutchPDF
Abridged model30/06/202407/12/202413/12/2024DutchPDF
Abridged model30/06/202302/12/202321/12/2023DutchPDF
Abridged model30/06/202203/12/202215/12/2022DutchPDF
Abridged model30/06/202104/12/202116/12/2021DutchPDF
Abridged model30/06/202005/12/202023/12/2020DutchPDF
Abridged model30/06/201907/12/201924/12/2019DutchPDF
Abridged model30/06/201801/12/201812/12/2018DutchPDF
Abridged model30/06/201702/12/201714/12/2017DutchPDF
Abridged model30/06/201603/12/201622/12/2016DutchPDF
Abridged model30/06/201505/12/201522/12/2015DutchPDF
Abridged model30/06/201406/12/201423/12/2014DutchPDF
Abridged model30/06/201321/09/201321/11/2013DutchPDF
Abridged model30/06/201215/09/201222/01/2013DutchPDF
Abridged model30/06/201117/09/201103/02/2012DutchPDF
Abridged model30/06/201018/09/201016/02/2011DutchPDF
Abridged model30/06/200919/09/200924/11/2009DutchPDF
Abridged model30/06/200820/09/200827/11/2008DutchPDF
Abridged model30/06/200715/09/200715/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 11 ended

Active mandates

BRG Consulting

bestuurder · since 17 janvier 2024 · 0749.593.630

Represented by Tom Van Looy

Active
K & K INVEST

bestuurder · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Active
NCE

bestuurder · since 22 octobre 2013 · 0810.679.181

Represented by Tom Op de Weerdt

Active

Ended mandates

K & K INVEST

Manager · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Ended
K & K INVEST

Manager · since 22 octobre 2013 · 0478.867.323

Represented by Kurt Cavens

Ended
LAN INVEST

Manager · since 22 octobre 2013 · 0478.866.828

Represented by Filip Van Oeckel

Ended
LAN INVEST

Mandate · since 22 octobre 2013 · until 10 avril 2020 · 0478.866.828

Represented by Filip Van Oeckel

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL
    PDF
  • Mandates22/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares06/11/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares14/09/2007
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other11/12/2006
    BOEKJAAR
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025291,4 k €
  2. 2024
    Annual accounts 2024116,4 k €
  3. 2023
    Annual accounts 2023181,6 k €
  4. 2022
    Annual accounts 2022339,7 k €
  5. 2021
    Annual accounts 2021289,6 k €
  6. 2020
    Annual accounts 2020158 k €
  7. 2019
    Annual accounts 2019142,4 k €
  8. 2018
    Annual accounts 2018118,6 k €
  9. 2017
    Annual accounts 2017166,7 k €
  10. 2016
    Annual accounts 2016136,2 k €
  11. 2015
    Annual accounts 2015133 k €
  12. 2014
    Annual accounts 2014320,8 k €
  13. 2013
    Annual accounts 20135,4 k €
  14. 2012
    Annual accounts 201249,8 k €
  15. 2011
    Annual accounts 201179,8 k €
  16. 2010
    Annual accounts 2010123 k €
  17. 2009
    Annual accounts 2009125,5 k €
  18. 2008
    Annual accounts 2008172,5 k €
  19. 2007
    Annual accounts 2007226,7 k €
  20. 17/12/1998
    IncorporationPrivate limited company