ACTIVE

SymphonyAI NetReveal Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result3,7 M €+85,1 %over 1 year
Revenue36 M €+15,2 %over 1 year
Equity8,6 M €+76,8 %over 1 year
Workforce9,7 ETP-19,2 %over 1 year

Identity

Source · BCE/KBO

SymphonyAI NetReveal Belgium is a Public limited company incorporated in 1998. Its main activity is: Computer programming activities. Its registered office is in Aalst. It employs on average 9,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.095.006
Incorporation
29/12/1998
Legal form
Public limited company
Registered office
Groeneweg 17
9320 Aalst · FlandreSee on map
Contributed capital
1 955 275,37 €
Latest accounts
31/12/2024
Average workforce
9,7 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20242023202220202019
Income statement
Revenue36 M €31,3 M €22,8 M €24,4 M €24,9 M €
EBITDA4,9 M €1,5 M €966,6 k €1,2 M €1,2 M €
Operating result1,8 M €1,6 M €942,2 k €1,3 M €1,1 M €
Net result3,7 M €2 M €696,4 k €657,5 k €687,7 k €
Balance sheet
Equity8,6 M €4,9 M €2,8 M €8,9 M €8,2 M €
Total assets47,7 M €39,8 M €17,5 M €30,6 M €28,5 M €
Cash1,5 M €3,2 M €1,8 M €6,5 M €1,5 M €
Debts29 M €31,5 M €4,3 M €16,3 M €16,5 M €
Other
Workforce9,7 ETP12,0 ETP12,6 ETP14,6 ETP14,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 47 ended

Active mandates

Ravi Narula

Director · since 01 février 2025 · until 20 juin 2031

Active
Paul Dharwar

Director · since 06 mars 2023 · until 12 avril 2029

Active

Ended mandates

Michael Foster

Director · since 20 juin 2022 · until 20 juin 2025

Ended
Daniël RHYS JONES

Mandate · since 19 avril 2020 · until 29 mai 2024

Ended
David LAWTON

Mandate · since 19 mars 2020 · until 29 mai 2024

Ended
Daniël Rhys Jones

Mandate · since 02 août 2018 · until 29 mai 2022

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/09/202630/04/202603/10/202425/10/202204/03/202207/04/2021
General meeting11/09/202630/04/202630/08/202412/10/202215/02/202204/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202411/09/202616/09/2026DutchPDF
Full model31/12/202330/04/202630/04/2026DutchPDF
Full model31/12/202230/08/202403/10/2024DutchPDF
Full model31/12/202112/10/202225/10/2022DutchPDF
Full model31/12/202015/02/202204/03/2022DutchPDF
Full model31/12/201904/03/202107/04/2021DutchPDF
Full model31/12/201821/09/202023/09/2020DutchPDF
Full model31/12/201731/07/201815/11/2018DutchPDF
Full model31/12/201619/07/201724/07/2017DutchPDF
Full model31/12/201525/10/201618/11/2016DutchPDF
Full model31/12/201413/05/201617/05/2016DutchPDF
Full model31/12/201305/09/201411/09/2014DutchPDF
Full model31/12/201209/12/201319/12/2013DutchPDF
Full modelCorrection31/03/201228/09/201219/09/2013DutchPDF
Full model31/03/201228/09/201222/10/2012DutchPDF
Full model31/03/201125/11/201130/11/2011DutchPDF
Full model31/03/201013/09/201004/10/2010DutchPDF
Full model31/03/200928/09/200906/10/2009DutchPDF
Full model31/03/200824/09/200807/10/2008DutchPDF
Full model31/03/200727/09/200725/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 47 ended

Active mandates

Ravi Narula

Director · since 01 février 2025 · until 20 juin 2031

Active
Paul Dharwar

Director · since 06 mars 2023 · until 12 avril 2029

Active

Ended mandates

Michael Foster

Director · since 20 juin 2022 · until 20 juin 2025

Ended
Daniël RHYS JONES

Mandate · since 19 avril 2020 · until 29 mai 2024

Ended
David LAWTON

Mandate · since 19 mars 2020 · until 29 mai 2024

Ended
Daniël Rhys Jones

Mandate · since 02 août 2018 · until 29 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other01/07/2026
    —
    PDF
  • Registered office15/10/2025
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates18/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20243,7 M €↑
  2. 2023
    Annual accounts 20232 M €↑
  3. 2022
    Annual accounts 2022696,4 k €↑
  4. 2020
    Annual accounts 2020657,5 k €↓
  5. 2019
    Annual accounts 2019687,7 k €↑
  6. 2018
    Annual accounts 2018533,6 k €↑
  7. 2017
    Annual accounts 2017459 k €↑
  8. 2016
    Annual accounts 2016439,1 k €↑
  9. 2015
    Annual accounts 2015356,3 k €↑
  10. 2014
    Annual accounts 2014285,5 k €↑
  11. 2013
    Annual accounts 2013258,4 k €↑
  12. 2012
    Annual accounts 2012150,7 k €↓
  13. 2012
    Annual accounts 2012292,2 k €↓
  14. 2011
    Annual accounts 2011458,7 k €↓
  15. 2010
    Annual accounts 2010573,6 k €↓
  16. 2009
    Annual accounts 2009754,7 k €↑
  17. 2007
    Annual accounts 2007266,1 k €
  18. 29/12/1998
    IncorporationPublic limited company