ACTIVE

CITYMESH OPERATOR

Financial year 2025 · closed on 31/12/2025
Net result
-2 M €
-47.6% YoY
Revenue
1,3 M €
-16.0% YoY
Equity
706,4 k €
+328.4% YoY

What does CITYMESH OPERATOR do?

CITYMESH OPERATOR is a Public limited company incorporated in 2014. Its main activity is: Wired telecommunications activities. Its registered office is in Oostkamp.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0560.806.587
Incorporation
22/08/2014
Legal form
Public limited company
Registered office
Siemenslaan 13
8020 Oostkamp · FlandreSee on map
Contributed capital
2 685 802,02 €
Latest accounts
31/12/2025
Signals
Good liquidityHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue1,3 M €1,6 M €
EBITDA-36 k €-45,4 k €-997 k €-273,9 k €20,1 k €2,3 M €-1,1 k €-10,6 k €-320,3 €-2,6 k €-31,1 k €
Operating result-36 k €-45,4 k €-997 k €-273,9 k €19,1 k €2,3 M €-2,5 k €-11,9 k €-1,6 k €-4 k €-33 k €
Net result-2 M €-1,3 M €-1,3 M €-237 k €42,6 k €2,2 M €-274,6 k €-206,3 k €-203,5 k €-325,6 k €-1,5 M €
Balance sheet
Equity706,4 k €-309,3 k €1,1 M €2,4 M €2,7 M €2,6 M €-1,6 M €-1,3 M €-1,1 M €-931 k €-605,4 k €
Total assets40,7 M €35,1 M €46,2 M €5,3 M €5,3 M €4,5 M €726,6 k €779,2 k €625 k €582,8 k €623,2 k €
Cash114,3 k €234,5 k €137,9 k €8,9 k €25,9 k €1,3 M €907 €97,5 k €313,7 €95,1 €100,5 k €
Debts37,3 M €34,5 M €45 M €2,6 M €2,5 M €1,8 M €1,7 M €1,6 M €1,4 M €1,3 M €1,1 M €
Other
Workforce0,0 ETP
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 31/12/2025 · 5 active · 30 ended

Active mandates

ANSA

Director · since 07 juillet 2025 · until 28 juin 2031 · 0436.170.002

Represented by Knaepen André

Active
Ghost Consulting

Director · since 07 juillet 2025 · until 28 juin 2031 · 0821.305.631

Represented by Mitch De Geest

Active
Slice

Director · since 07 juillet 2025 · until 28 juin 2031 · 0758.740.037

Represented by Tranchet Joeri

Active
TOVI

Director · since 07 juillet 2025 · until 28 juin 2031 · 0660.881.388

Represented by Knaepen Tom

Active
Ludo Kelchtermans

Director · since 18 décembre 2020 · until 31 août 2026

Active

Ended mandates

DEBUTO

Director · since 18 décembre 2020 · until 27 juin 2026 · 0736.809.525

Represented by Vanhove HERBERT

Ended
DEBUTO

Director · since 18 décembre 2020 · 0736.809.525

Represented by Herbert Vanhove

Ended
DEBUTO

Director · since 18 décembre 2020 · until 27 juin 2026 · 0736.809.525

Represented by Vanhove HERBERT

Ended
Esdacon

Director · since 18 décembre 2020 · until 27 juin 2026 · 0825.447.729

Represented by Daems STEPHAN

Ended
At this address

Other companies at this address

CompanyCBE no.
Citymesh 0GActive
0632.450.985
0712.645.340
1019.173.060
Citymesh GroupActive
0769.562.564
1012.153.923
0881.653.685
0803.631.340
ENVIBOORActive
0863.378.588
ENVIROSOILActive
0863.379.776
1029.895.619
nCentric EuropeActive
0838.611.223
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull 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 date08/09/202622/07/202529/07/202426/07/202320/07/202202/07/2021
General meeting31/08/202607/07/202509/07/202430/06/202325/06/202227/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/08/202608/09/2026DutchPDF
Full model31/12/202407/07/202522/07/2025DutchPDF
Full model31/12/202309/07/202429/07/2024DutchPDF
Abridged model31/12/202230/06/202326/07/2023DutchPDF
Abridged model31/12/202125/06/202220/07/2022DutchPDF
Abridged model31/12/202027/06/202102/07/2021DutchPDF
Abridged model31/12/201927/06/202030/06/2020DutchPDF
Abridged model31/12/201825/09/201926/09/2019DutchPDF
Abridged model31/12/201727/07/201827/07/2018DutchPDF
Abridged model31/12/201620/07/201707/08/2017DutchPDF
Abridged model31/12/201515/07/201618/07/2016DutchPDF
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 31/12/2025 · 5 active · 30 ended

Active mandates

ANSA

Director · since 07 juillet 2025 · until 28 juin 2031 · 0436.170.002

Represented by Knaepen André

Active
Ghost Consulting

Director · since 07 juillet 2025 · until 28 juin 2031 · 0821.305.631

Represented by Mitch De Geest

Active
Slice

Director · since 07 juillet 2025 · until 28 juin 2031 · 0758.740.037

Represented by Tranchet Joeri

Active
TOVI

Director · since 07 juillet 2025 · until 28 juin 2031 · 0660.881.388

Represented by Knaepen Tom

Active
Ludo Kelchtermans

Director · since 18 décembre 2020 · until 31 août 2026

Active

Ended mandates

DEBUTO

Director · since 18 décembre 2020 · until 27 juin 2026 · 0736.809.525

Represented by Vanhove HERBERT

Ended
DEBUTO

Director · since 18 décembre 2020 · 0736.809.525

Represented by Herbert Vanhove

Ended
DEBUTO

Director · since 18 décembre 2020 · until 27 juin 2026 · 0736.809.525

Represented by Vanhove HERBERT

Ended
Esdacon

Director · since 18 décembre 2020 · until 27 juin 2026 · 0825.447.729

Represented by Daems STEPHAN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/03/2026
    DIVERSEN
    PDF
  • Mandates27/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Restructuring12/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other11/12/2024
    DIVERSEN
    PDF
  • Restructuring25/10/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/08/2023
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/05/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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. 2025
    Annual accounts 2025-2 M €
  2. 2024
    Annual accounts 2024-1,3 M €
  3. 2023
    Annual accounts 2023-1,3 M €
  4. 2023
    Name changeCITYMESH OPERATOR
  5. 2022
    Annual accounts 2022-237 k €
  6. 2021
    Annual accounts 202142,6 k €
  7. 2020
    Annual accounts 20202,2 M €
  8. 2019
    Annual accounts 2019-274,6 k €
  9. 2018
    Annual accounts 2018-206,3 k €
  10. 2017
    Annual accounts 2017-203,5 k €
  11. 2016
    Annual accounts 2016-325,6 k €
  12. 2015
    Annual accounts 2015-1,5 M €
  13. 2015
    Name changeNCENTRIC HOLDING
  14. 22/08/2014
    IncorporationPublic limited company