ACTIVE

TriNetX Europe

Financial year 2025 · Closed on 31/12/2025

Net result12,4 k €-49,2 %over 1 year
Gross margin2,2 M €-5,3 %over 1 year
Equity1,5 M €+0,8 %over 1 year
Workforce17,8 ETP-7,3 %over 1 year

Identity

Source · BCE/KBO

TriNetX Europe is a Public limited company incorporated in 2000. Its registered office is in Sint-Martens-Latem. It employs on average 17,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.970.128
Incorporation
25/05/2000
Legal form
Public limited company
Registered office
Kortrijksesteenweg 214 box B3
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
650 000,00 €
Latest accounts
31/12/2025
Average workforce
17,8 ETP
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin2,2 M €2,4 M €2,2 M €1,6 M €1,7 M €
EBITDA286,3 k €288,3 k €296,4 k €67,8 k €276,5 k €
Operating result48,4 k €64,2 k €115,1 k €-80,5 k €169,1 k €
Net result12,4 k €24,3 k €67,3 k €-84,2 k €135,1 k €
Balance sheet
Equity1,5 M €1,5 M €1,5 M €1,4 M €1,5 M €
Total assets2,3 M €2,7 M €2,3 M €2,3 M €2,4 M €
Cash224,1 k €305,8 k €784,4 k €195,1 k €799,4 k €
Debts769,1 k €1,2 M €793,1 k €890,5 k €871,4 k €
Other
Workforce17,8 ETP19,2 ETP18,7 ETP18,1 ETP18,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 32 ended

Active mandates

David Voets

Director · since 27 juin 2025 · until 16 juin 2028

Active
Steven Kundrot

Director · since 27 juin 2025 · until 16 juin 2028

Active
Damian Mangino

Director · since 19 juin 2024 · until 16 juin 2028

Active
Gad Lachman

Director · since 19 juin 2024 · until 27 juin 2025

Active
illustris

Director · since 19 juin 2024 · until 27 juin 2025 · 0724.565.155

Represented by Brecht Claerhout

Active

Ended mandates

Gad Lachman

Director · since 19 juin 2024 · until 16 juin 2028

Ended
illustris

Director · since 19 juin 2024 · until 16 juin 2028 · 0724.565.155

Represented by Brecht Claerhout

Ended
Damian Mangino

Director · since 16 juin 2023 · until 21 juin 2024

Ended
Christopher Fraser

Director · since 26 mars 2019 · until 16 juin 2023

Ended

Other companies at this address

Kortrijksesteenweg 214 9830 Sint-Martens-Latem
CompanyCBE no.
0445.270.382
0427.927.178

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 date22/06/202603/07/202524/06/202423/06/202323/06/202222/06/2021
General meeting19/06/202627/06/202519/06/202416/06/202317/06/202217/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202622/06/2026DutchPDF
Abridged model31/12/202427/06/202503/07/2025DutchPDF
Abridged model31/12/202319/06/202424/06/2024DutchPDF
Abridged model31/12/202216/06/202323/06/2023DutchPDF
Abridged model31/12/202117/06/202223/06/2022DutchPDF
Abridged model31/12/202017/06/202122/06/2021DutchPDF
Abridged model31/12/201930/09/202001/10/2020DutchPDF
Abridged model31/12/201821/06/201928/06/2019DutchPDF
Abridged model31/12/201715/06/201819/07/2018DutchPDF
Abridged model31/12/201616/06/201720/06/2017DutchPDF
Abridged model31/12/201517/06/201622/06/2016DutchPDF
Abridged model30/09/201423/01/201520/02/2015DutchPDF
Abridged model31/12/201217/05/201325/07/2013DutchPDF
Abridged model31/12/201118/05/201205/06/2012DutchPDF
Abridged model31/12/201020/05/201120/06/2011DutchPDF
Abridged model31/12/200901/06/201015/07/2010DutchPDF
Abridged model31/12/200815/05/200922/06/2009DutchPDF
Abridged model31/12/200716/05/200815/07/2008DutchPDF
Abridged model31/12/200623/05/200718/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 32 ended

Active mandates

David Voets

Director · since 27 juin 2025 · until 16 juin 2028

Active
Steven Kundrot

Director · since 27 juin 2025 · until 16 juin 2028

Active
Damian Mangino

Director · since 19 juin 2024 · until 16 juin 2028

Active
Gad Lachman

Director · since 19 juin 2024 · until 27 juin 2025

Active
illustris

Director · since 19 juin 2024 · until 27 juin 2025 · 0724.565.155

Represented by Brecht Claerhout

Active

Ended mandates

Gad Lachman

Director · since 19 juin 2024 · until 16 juin 2028

Ended
illustris

Director · since 19 juin 2024 · until 16 juin 2028 · 0724.565.155

Represented by Brecht Claerhout

Ended
Damian Mangino

Director · since 16 juin 2023 · until 21 juin 2024

Ended
Christopher Fraser

Director · since 26 mars 2019 · until 16 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates10/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2019
    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 202512,4 k €↓
  2. 2024
    Annual accounts 202424,3 k €↓
  3. 2023
    Annual accounts 202367,3 k €↑
  4. 2022
    Annual accounts 2022-84,2 k €↓
  5. 2021
    Annual accounts 2021135,1 k €↓
  6. 2021
    Name changeTriNetX Europe
  7. 2020
    Annual accounts 2020240,2 k €↑
  8. 2019
    Annual accounts 2019-121,8 k €↓
  9. 2018
    Annual accounts 2018548,2 k €↑
  10. 2017
    Annual accounts 201747 k €↑
  11. 2016
    Annual accounts 201613,7 k €↓
  12. 2015
    Annual accounts 201575,4 k €↑
  13. 2014
    Annual accounts 2014687,4 €↓
  14. 2012
    Annual accounts 201219,7 k €↑
  15. 2011
    Annual accounts 2011-769,7 €↑
  16. 2010
    Annual accounts 2010-16,9 k €↓
  17. 2009
    Annual accounts 20098,4 k €↓
  18. 2008
    Annual accounts 200819,4 k €↑
  19. 2007
    Annual accounts 2007-110,3 k €↓
  20. 2006
    Annual accounts 200636,4 k €
  21. 2006
    Name changeCUSTODIX
  22. 25/05/2000
    IncorporationPublic limited company