ACTIVE

Network-IT

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Financial year 2024 · closed on 31/12/2024
Net result
72,1 k €
+544.0% YoY
Gross margin
119,3 k €
+213.8% YoY
Equity
182,6 k €
+40.0% YoY

What does Network-IT do?

Network-IT is a Private limited company incorporated in 2014. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Mechelen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0553.500.113
Incorporation
23/05/2014
Legal form
Private limited company
Registered office
Adegemstraat 88
2800 Mechelen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Activities (NACE)
63100Data processing, hosting and related activities; web portals· main63110Data processing, hosting and related activities47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2024202320222021202020192018201720162015
Income statement
Gross margin119,3 k €38,0 k €63,1 k €45,6 k €58,4 k €70,2 k €35,3 k €47,6 k €15,4 k €19,5 k €
EBITDA115,5 k €36,1 k €61,0 k €45,2 k €57,3 k €69,3 k €34,3 k €46,3 k €7,8 k €18,9 k €
Operating result102,0 k €20,6 k €46,5 k €31,4 k €43,5 k €32,0 k €31,4 k €44,0 k €4,6 k €12,1 k €
Net result72,1 k €11,2 k €29,2 k €18,7 k €28,0 k €19,1 k €19,1 k €25,9 k €2,5 k €7,4 k €
Balance sheet
Equity182,6 k €130,5 k €162,3 k €133,1 k €114,4 k €86,4 k €67,3 k €48,2 k €22,4 k €19,8 k €
Total assets342,4 k €311,3 k €307,0 k €283,2 k €277,6 k €267,5 k €103,9 k €84,6 k €42,0 k €51,7 k €
Cash99,1 k €72,1 k €93,2 k €60,3 k €47,6 k €33,5 k €73,7 k €49,4 k €12,5 k €8,4 k €
Debts159,8 k €180,8 k €144,8 k €150,1 k €163,3 k €181,2 k €36,6 k €36,3 k €19,7 k €31,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Nick Geoffroy

Manager

Active

Ended mandates

Nick Geoffroy

Manager · since 23 mai 2014

Ended
Nick Geoffroy

Director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/09/202530/10/202428/03/202425/05/202313/10/202129/09/2020
General meeting13/06/202514/06/202409/06/202310/06/202211/06/202112/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202413/06/202529/09/2025DutchPDF
Micro model31/12/202314/06/202430/10/2024DutchPDF
Micro model31/12/202209/06/202328/03/2024DutchPDF
Micro model31/12/202110/06/202225/05/2023DutchPDF
Micro model31/12/202011/06/202113/10/2021DutchPDF
Micro model31/12/201912/06/202029/09/2020DutchPDF
Micro model31/12/201814/06/201905/08/2019DutchPDF
Micro model31/12/201708/06/201821/08/2018DutchPDF
Micro model31/12/201609/06/201721/08/2017DutchPDF
Abridged model31/12/201510/06/201626/08/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Nick Geoffroy

Manager

Active

Ended mandates

Nick Geoffroy

Manager · since 23 mai 2014

Ended
Nick Geoffroy

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/09/2019
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/06/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 202472,1 k €↑
  2. 2023
    Annual accounts 202311,2 k €↓
  3. 2022
    Annual accounts 202229,2 k €↑
  4. 2021
    Annual accounts 202118,7 k €↓
  5. 2020
    Annual accounts 202028,0 k €↑
  6. 2019
    Annual accounts 201919,1 k €↑
  7. 2018
    Annual accounts 201819,1 k €↓
  8. 2017
    Annual accounts 201725,9 k €↑
  9. 2016
    Annual accounts 20162,5 k €↓
  10. 2015
    Annual accounts 20157,4 k €
  11. 23/05/2014
    IncorporationPrivate limited company