ACTIVE

NETHYS

Financial year 2025 · Closed on 31/12/2025

Net result18,3 M €-74,1 %over 1 year
Revenue488,1 k €+122,9 %over 1 year
Equity1,6 Md €-1,4 %over 1 year
Workforce8,8 ETP-1,1 %over 1 year

Identity

Source · BCE/KBO

NETHYS is a Public limited company incorporated in 1999. Its main activity is: Wired telecommunications activities. Its registered office is in Liège. It employs on average 8,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.607.720
Incorporation
13/04/1999
Legal form
Public limited company
Registered office
Boulevard Piercot 46
4000 Liège · WallonieSee on map
Contributed capital
1 125 347 425,48 €
Latest accounts
31/12/2025
Average workforce
8,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue488,1 k €219 k €237,5 k €200,7 k €383,5 k €
EBITDA-3,6 M €3,3 M €-5,2 M €-5,2 M €-3,8 M €
Operating result-3,8 M €593,5 k €-6,1 M €-7 M €-6,7 M €
Net result18,3 M €70,6 M €715,7 M €20,2 M €21 M €
Balance sheet
Equity1,6 Md €1,7 Md €1,6 Md €1,2 Md €1,1 Md €
Total assets1,7 Md €1,7 Md €1,7 Md €1,2 Md €1,2 Md €
Cash28,7 M €20,4 M €21,2 M €38,7 M €33,5 M €
Debts61,6 M €61,4 M €69,1 M €69 M €73 M €
Other
Workforce8,8 ETP8,9 ETP9,3 ETP9,1 ETP16,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 35 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Adrien GRABARSKI
Director28/08/2025 → 28/08/2031
Julie FERNANDEZ FERNANDEZ
Vice-chairman of the board of directors28/08/2025 → 28/08/2031Director15/04/2020 → 2022 accountsended
Laurent LEVAUX
Chairman of the board of directors11/10/2019 → 28/08/2031
Luc GILLARD
Director15/04/2020 → 28/08/2031
Martin JADIN
Director28/08/2025 → 28/08/2031
Muriel GERKENS
Director15/04/2020 → 28/08/2031
Olivier DE WASSEIGE
Director28/08/2025 → 28/08/2031
Thiry Bernard
Director28/08/2025 → 28/08/2031Vice-chairman of the board of directors11/10/2019 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bertrand DEMONCEAU
Director15/04/2020 → 2022 accounts
Léticia DUMONT
Director15/04/2020 → 2022 accounts

Other companies at this address

Boulevard Piercot 46 4000 Liège
CompanyCBE no.
CREDIS● Active
0433.077.977
ELICIO BASTOGNE● Active
0890.159.102
0794.329.832
ENODIA● Active
0204.245.277
Enodia pillar● Active
1011.191.148
0480.029.739
NETHYS IMMO● Active
0404.332.622
0642.931.737

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/05/202629/04/202513/05/202425/05/202316/06/202222/09/2021
General meeting30/04/202624/04/202530/04/202427/04/202313/05/202225/08/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/04/202608/05/2026FrenchPDF
Full model31/12/202424/04/202529/04/2025FrenchPDF
Full model31/12/202330/04/202413/05/2024FrenchPDF
Full model31/12/202227/04/202325/05/2023FrenchPDF
Full model31/12/202113/05/202216/06/2022FrenchPDF
Full modelCorrection31/12/202025/08/202122/09/2021FrenchPDF
Full model31/12/202020/05/202129/07/2021FrenchPDF
Full modelCorrection31/12/201919/08/202007/09/2020FrenchPDF
Full model31/12/201919/08/202024/08/2020FrenchPDF
Full model31/12/201825/04/201922/05/2019FrenchPDF
Full model31/12/201703/05/201804/06/2018FrenchPDF
Full model31/12/201627/04/201712/06/2017FrenchPDF
Full model31/12/201528/04/201626/05/2016FrenchPDF
Full model31/12/201430/04/201529/05/2015FrenchPDF
Full model31/12/201324/04/201421/05/2014FrenchPDF
Full model31/12/201225/04/201313/06/2013FrenchPDF
Full model31/12/201126/04/201229/05/2012FrenchPDF
Abridged model31/12/201030/06/201119/07/2011FrenchPDF
Abridged model31/12/200930/07/201027/08/2010FrenchPDF
Abridged model31/12/200828/05/200908/07/2009FrenchPDF
Abridged model31/12/200706/06/200820/06/2008FrenchPDF
Abridged model31/12/200615/06/200702/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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 31/12/2025

8 active · 35 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Adrien GRABARSKI
Director28/08/2025 → 28/08/2031
Julie FERNANDEZ FERNANDEZ
Vice-chairman of the board of directors28/08/2025 → 28/08/2031Director15/04/2020 → 2022 accountsended
Laurent LEVAUX
Chairman of the board of directors11/10/2019 → 28/08/2031
Luc GILLARD
Director15/04/2020 → 28/08/2031
Martin JADIN
Director28/08/2025 → 28/08/2031
Muriel GERKENS
Director15/04/2020 → 28/08/2031
Olivier DE WASSEIGE
Director28/08/2025 → 28/08/2031
Thiry Bernard
Director28/08/2025 → 28/08/2031Vice-chairman of the board of directors11/10/2019 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bertrand DEMONCEAU
Director15/04/2020 → 2022 accounts
Léticia DUMONT
Director15/04/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/10/2026
    Cooptation d'Administrateur
    PDF
  • Mandates18/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring11/07/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring26/06/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office12/04/2024
    SIEGE SOCIAL
    PDF
  • Restructuring12/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Laurent LEVAUX
Muriel GERKENS
Adrien GRABARSKI
Luc GILLARD
Olivier DE WASSEIGE
Martin JADIN
Thiry Bernard
Julie FERNANDEZ FERNANDEZ
Létita DUMONT
Bertrand DEMONCEAU
Léticia DUMONT
Jean-Pierre HANSEN
199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
NETHYS
Boulevard Piercot 46, 4000 LiègeRue Louvrex 95, 4000 Liège
Chairman of the board of directors
Director
Director
Director
Director
Director
DirectorVice-chairman of the board of directors
Vice-chairman of the board of directorsDirector
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Piercot 46, 4000 LiègeCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00108132
Rue Louvrex 95, 4000 Liège
accounts 2021 → 2023
Accounts 2023 · 2024-00087166

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
NETHYSCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00108132

Events

  1. 2025
    Annual accounts 202518,3 M €↓
  2. 28/08/2025
    nominationLaurent LEVAUX · membre du Conseil d'administration
  3. 28/08/2025
    nominationBernard THIRY · membre du Conseil d'administration
  4. 28/08/2025
    nominationJulie FERNANDEZ FERNANDEZ · membre du Conseil d'administration
  5. 28/08/2025
    nominationBertrand DEMONCEAU · membre du Conseil d'administration
  6. 28/08/2025
    nominationLuc GILLARD · membre du Conseil d'administration
  7. 28/08/2025
    nominationMartin JADIN · membre du Conseil d'administration
  8. 28/08/2025
    nominationOlivier DE WASSEIGE · membre du Conseil d'administration
  9. 28/08/2025
    nominationAdrien GRABARSKI · membre du Conseil d'administration
  10. 28/08/2025
    nominationMuriel Gerkens · membre du Conseil d'administration
  11. 2024
    Annual accounts 202470,6 M €↓
  12. 19/07/2024
    reconductionRSM InterAudit SRL · Commissaire
  13. 2023
    Annual accounts 2023715,7 M €↑
  14. 15/05/2023
    nominationLaurent Levaux · Président
  15. 15/05/2023
    nominationBernard Thiry · Vice-président
  16. 27/04/2023
    nominationLaurent LEVAUX · Administrateur
  17. 27/04/2023
    nominationBernard THIRY · Administrateur
  18. 27/04/2023
    nominationJean-Pierre HANSEN · Administrateur
  19. 27/04/2023
    nominationJulie FERNANDEZ FERNANDEZ · Administrateur
  20. 27/04/2023
    nominationLuc GILLARD · Administrateur
  21. 27/04/2023
    nominationBertrand DEMONCEAU · Administrateur
  22. 27/04/2023
    nominationLetitia DUMONT · Administrateur
  23. 27/04/2023
    nominationMuriel GERKENS · Administrateur
  24. 2022
    Annual accounts 202220,2 M €↓
  25. 01/09/2022
    nominationGrégory Demal · Directeur général
  26. 2021
    Annual accounts 202121 M €↑
  27. 2019
    Annual accounts 2019-126,8 M €↓
  28. 2017
    Annual accounts 201721,1 M €↓
  29. 2016
    Annual accounts 201670,3 M €↓
  30. 2015
    Annual accounts 2015102,6 M €↑
  31. 2014
    Annual accounts 201421,8 M €↑
  32. 2013
    Annual accounts 2013832,8 k €↑
  33. 2012
    Annual accounts 2012467,9 k €↑
  34. 2011
    Annual accounts 20111,4 k €↑
  35. 2010
    Annual accounts 2010-16,7 k €↑
  36. 2009
    Annual accounts 2009-28,2 k €↓
  37. 2008
    Annual accounts 2008-27,6 k €↓
  38. 2007
    Annual accounts 200712,9 k €↑
  39. 2006
    Annual accounts 2006-8,1 k €
  40. 13/04/1999
    IncorporationPublic limited company