ACTIVE

NETWORK SYSTEM ENGINEERING

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

3,6 k €

-65.9% YoY

Gross margin

6,1 k €

-46.8% YoY

Equity

7,0 k €

+102.8% YoY

What does NETWORK SYSTEM ENGINEERING do?

NETWORK SYSTEM ENGINEERING is a Private limited company incorporated in 2001. Its main activity is: Computer consultancy activities. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.745.606

Incorporation

02/10/2001

Legal form

Private limited company

Registered office

Avenue Ducpétiaux 133
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62010Computer programming activities 62090Other information technology and computer service activities 62100Computer programming, consultancy and related activities+10

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	6,1 k €	-46.8%	11,4 k €	+284%	3,0 k €	+207%	-2,8 k €	-182%	3,4 k €	-78.2%	15,6 k €	+559%	-3,4 k €	+68.7%	-10,8 k €	-161%	17,8 k €	+585%	2,6 k €	-22.1%	3,3 k €	-85.6%	23,1 k €	-44.0%	41,3 k €	+463%	-11,4 k €	-121%	54,9 k €	-2.8%	56,5 k €	-33.8%	85,4 k €	-6.8%	91,6 k €	+34.7%	68,0 k €	-4.4%	71,1 k €
EBITDA	5,4 k €	-50.7%	10,9 k €	+365%	2,3 k €	+164%	-3,7 k €	-237%	2,7 k €	-81.8%	14,7 k €	+455%	-4,1 k €	+66.6%	-12,4 k €	-181%	15,3 k €	+10946%	-140,9 €	-119%	727,0 €	-96.2%	19,3 k €	-26.7%	26,3 k €	+191%	-28,9 k €	-289%	15,3 k €	+53.5%	10,0 k €	-75.7%	41,0 k €	+84.1%	22,3 k €	+269%	-13,2 k €	+24.7%	-17,6 k €
Operating result	3,6 k €	-63.3%	9,7 k €	+317%	2,3 k €	+164%	-3,7 k €	-606%	722,9 €	-92.6%	9,7 k €	+192%	-10,6 k €	+52.8%	-22,5 k €	-875%	2,9 k €	+125%	-11,8 k €	-12.2%	-10,5 k €	-244%	7,3 k €	-65.7%	21,2 k €	+168%	-31,0 k €	-312%	14,6 k €	+57.3%	9,3 k €	-75.2%	37,6 k €	+192%	12,9 k €	+165%	-19,9 k €	+38.7%	-32,5 k €
Net result	3,6 k €	-65.9%	10,4 k €	+339%	2,4 k €	-2.9%	2,4 k €	+374%	516,6 €	-94.6%	9,5 k €	+311%	-4,5 k €	+74.8%	-17,9 k €	-1006%	2,0 k €	+116%	-12,5 k €	-11.5%	-11,2 k €	-360%	4,3 k €	-74.4%	16,8 k €	+153%	-31,7 k €	-490%	8,1 k €	+58.3%	5,1 k €	-81.2%	27,3 k €	+113%	12,8 k €	+157%	-22,4 k €	+36.7%	-35,3 k €
Balance sheet
Equity	7,0 k €	+103%	3,5 k €	+150%	-7,0 k €	+25.4%	-9,4 k €	+20.8%	-11,8 k €	+4.2%	-12,3 k €	+43.5%	-21,8 k €	-26.0%	-17,3 k €	-2983%	600,4 €	+144%	-1,4 k €	-112%	11,1 k €	-50.2%	22,2 k €	+23.9%	18,0 k €	+1454%	1,2 k €	-96.5%	32,8 k €	+32.9%	24,7 k €	+26.2%	19,6 k €	+353%	-7,7 k €	+62.4%	-20,6 k €	-94.0%	-10,6 k €
Total assets	27,8 k €	-30.0%	39,7 k €	+49.5%	26,5 k €	+38.0%	19,2 k €	-32.5%	28,5 k €	+16.3%	24,5 k €	+40.9%	17,4 k €	-20.0%	21,7 k €	-29.6%	30,9 k €	-16.4%	36,9 k €	-25.6%	49,6 k €	-32.1%	73,1 k €	-35.1%	112,6 k €	+138%	47,3 k €	-37.1%	75,3 k €	-21.7%	96,1 k €	+27.0%	75,7 k €	-46.5%	141,4 k €	+17.8%	120,0 k €	+29.9%	92,4 k €
Cash	5,9 k €	-78.3%	27,3 k €	+2880%	917,6 €	-55.9%	2,1 k €	+98.6%	1,0 k €	-26.2%	1,4 k €	+43.7%	988,5 €	+254%	278,9 €	-87.7%	2,3 k €	-22.9%	2,9 k €	-74.5%	11,6 k €	+11.1%	10,4 k €	-50.6%	21,0 k €	+1175%	1,7 k €	-4.5%	1,7 k €	-76.7%	7,4 k €	+134%	3,2 k €	+758%	370,0 €		–		–
Debts	20,7 k €	-42.7%	36,2 k €	+8.0%	33,5 k €	+17.2%	28,6 k €	-29.1%	40,3 k €	+9.5%	36,8 k €	-6.1%	39,2 k €	+0.4%	39,0 k €	+29.0%	30,3 k €	-20.9%	38,3 k €	-0.7%	38,6 k €	-24.2%	50,9 k €	-46.2%	94,5 k €	+107%	45,7 k €	+8.6%	42,1 k €	-39.9%	70,0 k €	+25.6%	55,8 k €	-62.6%	149,1 k €	+6.1%	140,6 k €	+36.5%	103,0 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-45.0%	2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Gaëtan GODART

Mandate

Active

Philippe VERNIN

Mandate

Active

Ended mandates

Fabian Geist

Manager · since 28 janvier 2002

Ended

Gaëtan Godart

Manager · since 02 octobre 2001

Ended

Philippe Vernin

Manager · since 02 octobre 2001

Ended

Fabian Geist

Manager · until 25 mars 2011

Ended

At this address

Other companies at this address

Company	CBE no.
Association for Contemporary Latin American Music & Arts● Active	0783.398.823
Yogasala● Active	0800.792.012

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	22/05/2025	11/06/2024	15/06/2023	01/07/2022	30/06/2021
General meeting	29/06/2026	15/05/2025	23/05/2024	28/04/2023	31/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	28/07/2026	French	PDF
Abridged model	31/12/2024	15/05/2025	22/05/2025	French	PDF
Abridged model	31/12/2023	23/05/2024	11/06/2024	French	PDF
Abridged model	31/12/2022	28/04/2023	15/06/2023	French	PDF
Abridged model	31/12/2021	31/05/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	31/05/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	31/08/2020	12/10/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	27/04/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	28/04/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	29/04/2016	19/08/2016	French	PDF
Abridged model	31/12/2014	24/04/2015	12/08/2015	French	PDF
Abridged model	31/12/2013	25/04/2014	08/08/2014	French	PDF
Abridged model	31/12/2012	29/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	25/09/2012	28/09/2012	French	PDF
Abridged model	31/12/2010	29/04/2011	28/06/2011	French	PDF
Abridged model	31/12/2009	30/04/2010	04/06/2010	French	PDF
Abridged model	31/12/2008	13/05/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	25/04/2008	25/06/2008	French	PDF
Abridged model	31/12/2006	27/04/2007	28/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 2 active · 7 ended

Active mandates

Gaëtan GODART

Mandate

Active

Philippe VERNIN

Mandate

Active

Ended mandates

Fabian Geist

Manager · since 28 janvier 2002

Ended

Gaëtan Godart

Manager · since 02 octobre 2001

Ended

Philippe Vernin

Manager · since 02 octobre 2001

Ended

Fabian Geist

Manager · until 25 mars 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20253,6 k €↓
2024
Annual accounts 202410,4 k €↑
2023
Annual accounts 20232,4 k €↓
2022
Annual accounts 20222,4 k €↑
2021
Annual accounts 2021516,6 €↓
2020
Annual accounts 20209,5 k €↑
2019
Annual accounts 2019-4,5 k €↑
2018
Annual accounts 2018-17,9 k €↓
2017
Annual accounts 20172,0 k €↑
2016
Annual accounts 2016-12,5 k €↓
2015
Annual accounts 2015-11,2 k €↓
2014
Annual accounts 20144,3 k €↓
2013
Annual accounts 201316,8 k €↑
2012
Annual accounts 2012-31,7 k €↓
2011
Annual accounts 20118,1 k €↑
2010
Annual accounts 20105,1 k €↓
2009
Annual accounts 200927,3 k €↑
2008
Annual accounts 200812,8 k €↑
2007
Annual accounts 2007-22,4 k €↑
2006
Annual accounts 2006-35,3 k €
02/10/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NETWORK SYSTEM ENGINEERING

Overview

What does NETWORK SYSTEM ENGINEERING do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline