ACTIVE

Citymesh 0G

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-359,9 k €-134,2 %over 1 year

Gross margin367 k €-78,2 %over 1 year

Equity741 k €-32,7 %over 1 year

Workforce2,5 ETP-16,7 %over 1 year

Identity

Source · BCE/KBO

Citymesh 0G is a Public limited company incorporated in 2015. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Oostkamp. It employs on average 2,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0632.450.985
Incorporation: 15/06/2015
Legal form: Public limited company
Registered office: Siemenslaan 13
8020 Oostkamp · FlandreSee on map
Contributed capital: 9 807 013,53 €
Latest accounts: 31/12/2025
Average workforce: 2,5 ETP

Activities (NACE)

42220Construction of utility projects for electricity and telecommunications· main 42220Construction of utility projects for electricity and telecommunications 61100Wired telecommunications activities 61200Wireless telecommunications activities 46500Wholesale of information and communication equipment 46520Wholesale of electronic and telecommunications equipment and parts+2

Joint committees (2)

200
2000

Signals

Positive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	367 k €	-78.2%	1,7 M €	+293%	429,1 k €	+228%	130,6 k €	+26.3%	103,4 k €
EBITDA	21,6 k €	-98.3%	1,2 M €	+419%	239,8 k €	+657%	-43 k €	+81.8%	-237 k €
Operating result	-332,6 k €	-131%	1,1 M €	+2553%	-44,4 k €	+90.0%	-446,4 k €	+50.5%	-901,5 k €
Net result	-359,9 k €	-134%	1,1 M €	+3208%	-33,9 k €	+92.4%	-447,8 k €	+50.5%	-904,7 k €
Balance sheet
Equity	741 k €	-32.7%	1,1 M €	+2177%	48,4 k €	-41.2%	82,2 k €	-84.5%	530 k €
Total assets	2,6 M €	+2.3%	2,5 M €	+56.7%	1,6 M €	-25.4%	2,1 M €	+40.2%	1,5 M €
Cash	33,5 k €	+366%	7,2 k €	-94.1%	121,8 k €	+393%	24,7 k €	+8.0%	22,9 k €
Debts	1,4 M €	+52.9%	935,6 k €	-32.1%	1,4 M €	-26.0%	1,9 M €	+193%	636 k €
Other
Workforce	2,5 ETP	-16.7%	3,0 ETP	+200%	1,0 ETP	0.0%	1,0 ETP	-61.5%	2,6 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

3 active · 30 ended

Active mandates

Luc Vreys

Director · since 07 juillet 2025 · until 19 juin 2031

Active

Joeri Tranchet

Director · since 24 juin 2021 · until 17 juin 2027

Active

Mitch De Geest

Director · since 24 juin 2021 · until 17 juin 2027

Active

Ended mandates

Esdacon

Director · since 24 juin 2021 · 0825.447.729

Represented by Daems STEPHAN

Ended

Esdacon

Director · since 24 juin 2021 · until 17 juin 2027 · 0825.447.729

Represented by Stephan DAEMS

Ended

Esdacon

Director · since 24 juin 2021 · 0825.447.729

Represented by Daems STEPHAN

Ended

Joeri Tranchet

Director · since 24 juin 2021

Ended

Other companies at this address

Siemenslaan 13 8020 Oostkamp

Company	CBE no.
Citymesh Connect● Active	0712.645.340
Citymesh DIGI Holding● Active	1019.173.060
Citymesh Group● Active	0769.562.564
Citymesh Holding● Active	1012.153.923
CITYMESH INTEGRATOR● Active	0881.653.685
Citymesh Navigator● Active	0803.631.340
CITYMESH OPERATOR● Active	0560.806.587
ENVIBOOR● Active	0863.378.588
ENVIROSOIL● Active	0863.379.776
ENVIROSOIL - A+E● Active	1029.895.619
nCentric Europe● Active	0838.611.223

Full financial information

Source · NBB

	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	31/08/2026	22/07/2025	02/08/2024	12/07/2023	25/07/2022	24/06/2021
General meeting	31/08/2026	07/07/2025	23/07/2024	30/06/2023	30/06/2022	23/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	07/07/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/07/2024	02/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Abridged model	31/12/2020	23/06/2021	24/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	21/06/2018	13/07/2018	Dutch	PDF
Full model	31/12/2016	01/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF

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

3 active · 30 ended

Active mandates

Luc Vreys

Director · since 07 juillet 2025 · until 19 juin 2031

Active

Joeri Tranchet

Director · since 24 juin 2021 · until 17 juin 2027

Active

Mitch De Geest

Director · since 24 juin 2021 · until 17 juin 2027

Active

Ended mandates

Esdacon

Director · since 24 juin 2021 · 0825.447.729

Represented by Daems STEPHAN

Ended

Esdacon

Director · since 24 juin 2021 · until 17 juin 2027 · 0825.447.729

Represented by Stephan DAEMS

Ended

Esdacon

Director · since 24 juin 2021 · 0825.447.729

Represented by Daems STEPHAN

Ended

Joeri Tranchet

Director · since 24 juin 2021

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other04/04/2022
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-359,9 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023-33,9 k €↑
2023
Name changeCitymesh 0G
2022
Annual accounts 2022-447,8 k €↑
2021
Annual accounts 2021-904,7 k €↑
2021
Name changeCITYMESH OG
2019
Annual accounts 2019-1,9 M €↑
2018
Annual accounts 2018-2,1 M €↓
2017
Annual accounts 2017-1,8 M €↓
2016
Annual accounts 2016-1,4 M €↓
2015
Annual accounts 2015-197,3 k €
15/06/2015
IncorporationPublic limited company
2015
Name changeENGIE M2M

Citymesh 0G

Overview

Identity

Financials

Valuation

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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline