ACTIVE

NET FUND EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result24,7 M €+615,2 %over 1 year
Gross margin25,4 M €+582,7 %over 1 year
Equity75,9 k €-0,8 %over 1 year

Identity

Source · BCE/KBO

NET FUND EUROPE is a Public limited company incorporated in 1999. Its registered office is in Machelen (Brab.).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.995.423
Incorporation
04/05/1999
Legal form
Public limited company
Registered office
Jan Mommaertslaan 22
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
68 830,53 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin25,4 M €3,7 M €1,2 M €1,4 M €2 M €
EBITDA25,4 M €3,7 M €1,2 M €1,4 M €2 M €
Operating result25,4 M €3,7 M €1,2 M €1,4 M €2 M €
Net result24,7 M €3,5 M €1,2 M €1,4 M €1,9 M €
Balance sheet
Equity75,9 k €76,5 k €77,4 k €77,1 k €76,6 k €
Total assets1,2 M €2,4 M €622,3 k €857 k €1,2 M €
Cash195,9 k €787,1 k €224,9 k €76,4 k €92,1 k €
Debts1,1 M €2,3 M €544,9 k €779,9 k €1,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 39 ended

Active mandates

GINKO

Director · 0472.670.508

Represented by Cedric Olbrechts

Active
INSTITUUT VOOR COMPETENTIE ONTWIKKELING

Director · 0463.083.542

Represented by Michiel Deturck

Active

Ended mandates

Christian Dumoulin

Director · since 11 mars 2010 · until 25 mars 2011

Ended
Frank Donck

Director · since 11 mars 2010 · until 25 mars 2011

Ended
Jean Claude Picavet

Director · since 11 mars 2010 · until 25 mars 2011

Ended
MITISKA REAL ESTATE INVESTMENT MANAGEMENT

Managing director · since 11 mars 2010 · until 25 mars 2011 · 0449.790.681

Represented by Deturck Michiel Limito nv - vertegenwoordigd door

Ended

Other companies at this address

Jan Mommaertslaan 22 1831 Machelen (Brab.)
CompanyCBE no.
AddRetail● Bankrupt
0641.968.962
CATHIE ASSOCIATES● Active
0871.376.932
Cathie Associates Holding● Active
0886.739.851
MVCI● Active
0786.866.869
V3 Finance● Active
0736.673.626
V3 FLP● Active
0728.482.668
V3 GP● Active
0728.469.505
V4 CIV● Active
1007.508.316
V4 COV● Active
1009.185.426
V4 GP● Active
1007.309.168
V4 TM● Active
1022.415.830
VCD GP● Active
1033.762.355
VCM CONSULT● Active
0774.475.219
VENDIS CAPITAL● Liquidation
0819.787.778
VENDIS CAPITAL II● Active
0507.663.851
Vendis Capital III● Active
0728.763.176
VENDIS CAPITAL INVESTMENT POOL● Liquidation
0508.669.483
VENDIS CAPITAL INVESTMENT POOL II● Active
0633.696.743
Vendis Capital Investment Pool IV A● Active
1008.065.570
Vendis Capital Investment Pool IV B● Active
1008.065.273

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/06/202628/11/202522/03/202430/06/202329/06/202222/04/2021
General meeting12/03/202620/11/202514/03/202409/03/202310/03/202211/03/2021
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
Abridged model31/12/202512/03/202617/06/2026DutchPDF
Abridged model31/12/202420/11/202528/11/2025DutchPDF
Abridged model31/12/202314/03/202422/03/2024DutchPDF
Abridged model31/12/202209/03/202330/06/2023DutchPDF
Abridged model31/12/202110/03/202229/06/2022DutchPDF
Abridged model31/12/202011/03/202122/04/2021DutchPDF
Abridged model31/12/201912/03/202015/05/2020DutchPDF
Abridged model31/12/201814/03/201906/05/2019DutchPDF
Full model31/12/201708/03/201828/03/2018DutchPDF
Full model31/12/201609/03/201706/04/2017DutchPDF
Full model31/12/201510/03/201612/05/2016DutchPDF
Full model31/12/201412/03/201523/04/2015DutchPDF
Full model31/12/201313/03/201421/05/2014DutchPDF
Full model31/12/201214/03/201328/06/2013DutchPDF
Full model31/12/201108/03/201226/06/2012DutchPDF
Full model31/12/201025/03/201120/10/2011DutchPDF
Full model31/12/200911/03/201015/03/2010DutchPDF
Full model31/12/200812/03/200919/03/2009DutchPDF
Full model31/12/200713/03/200808/04/2008DutchPDF
Full model31/12/200608/03/200708/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

2 active · 39 ended

Active mandates

GINKO

Director · 0472.670.508

Represented by Cedric Olbrechts

Active
INSTITUUT VOOR COMPETENTIE ONTWIKKELING

Director · 0463.083.542

Represented by Michiel Deturck

Active

Ended mandates

Christian Dumoulin

Director · since 11 mars 2010 · until 25 mars 2011

Ended
Frank Donck

Director · since 11 mars 2010 · until 25 mars 2011

Ended
Jean Claude Picavet

Director · since 11 mars 2010 · until 25 mars 2011

Ended
MITISKA REAL ESTATE INVESTMENT MANAGEMENT

Managing director · since 11 mars 2010 · until 25 mars 2011 · 0449.790.681

Represented by Deturck Michiel Limito nv - vertegenwoordigd door

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Other06/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring07/08/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2013
    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. 2025
    Annual accounts 202524,7 M €↑
  2. 2024
    Annual accounts 20243,5 M €↑
  3. 2023
    Annual accounts 20231,2 M €↓
  4. 2022
    Annual accounts 20221,4 M €↓
  5. 2021
    Annual accounts 20211,9 M €↓
  6. 2020
    Annual accounts 20203 M €↑
  7. 2019
    Annual accounts 20192,4 M €↑
  8. 2018
    Annual accounts 20181,9 M €↑
  9. 2017
    Annual accounts 20171,7 M €↓
  10. 2016
    Annual accounts 20161,8 M €↑
  11. 2015
    Annual accounts 2015727,8 k €↓
  12. 2014
    Annual accounts 2014935,9 k €↑
  13. 2013
    Annual accounts 2013720,3 k €↑
  14. 2012
    Annual accounts 2012516,5 k €↑
  15. 2011
    Annual accounts 201120,5 k €↓
  16. 2010
    Annual accounts 20102,5 M €↑
  17. 2009
    Annual accounts 2009767,2 k €↓
  18. 2008
    Annual accounts 20081,5 M €↑
  19. 2007
    Annual accounts 2007525,1 k €
  20. 04/05/1999
    IncorporationPublic limited company