ACTIVE

Connext

Financial year 2025 · closed on 31/12/2025
Net result
128,6 k €
-54.2% YoY
Gross margin
373,7 k €
-19.8% YoY
Equity
283,8 k €
+82.8% YoY
Workforce
2,8 ETP
+33.3% YoY

What does Connext do?

Connext is a Public limited company incorporated in 2016. Its registered office is in Ixelles. It employs on average 2,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0668.410.766
Incorporation
23/12/2016
Legal form
Public limited company
Registered office
Avenue Louise 231
1050 Ixelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin373,7 k €465,7 k €522,5 k €-160,4 k €259 k €226,7 k €190,6 k €
EBITDA213 k €328,7 k €378,8 k €-344 k €23 k €72,1 k €162,4 k €
Operating result192,7 k €316 k €374,4 k €-353,7 k €9,2 k €37,6 k €135,6 k €
Net result128,6 k €280,9 k €347,2 k €-369,8 k €1,9 k €21,1 k €86,6 k €
Balance sheet
Equity283,8 k €155,2 k €-125,7 k €-472,9 k €-103,1 k €169,7 k €148,6 k €
Total assets1,2 M €1,2 M €973,1 k €545,6 k €820,6 k €535,5 k €495,2 k €
Cash64,5 k €142,5 k €49 k €81,9 k €116,3 k €266,9 k €68 k €
Debts903,9 k €1,1 M €1,1 M €971,7 k €713,6 k €361,4 k €344 k €
Other
Workforce2,8 ETP2,1 ETP1,0 ETP2,9 ETP4,2 ETP2,9 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 · 2 active · 8 ended

Active mandates

Lexcom

Managing director · since 30 juin 2022 · until 06 juin 2028 · 0818.448.485

Represented by Wouter Vijverman

Active
Usly Wijnants

Director · since 30 juin 2022 · until 06 juin 2028

Active

Ended mandates

Lexcom

Managing director · since 06 juin 2023 · 0818.448.485

Represented by Vijverman WOUTER

Ended
Usly Wijnants

Director · since 06 juin 2023

Ended
Lexcom

Director · since 22 décembre 2016 · 0818.448.485

Represented by Vijverman WOUTER

Ended
Lexcom

Director · since 22 décembre 2016 · 0818.448.485

Represented by Vijverman WOUTER

Ended
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Annual accounts

Full financial information

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 date26/06/202630/06/202504/09/202401/09/202330/08/202202/07/2021
General meeting02/06/202603/06/202504/06/202406/06/202330/06/202201/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202626/06/2026DutchPDF
Abridged model31/12/202403/06/202530/06/2025DutchPDF
Abridged model31/12/202304/06/202404/09/2024DutchPDF
Abridged model31/12/202206/06/202301/09/2023DutchPDF
Abridged model31/12/202130/06/202230/08/2022DutchPDF
Abridged model31/12/202001/06/202102/07/2021DutchPDF
Abridged model31/12/201902/06/202013/10/2020DutchPDF
Abridged model31/12/201804/06/201920/08/2019DutchPDF
Micro model31/12/201705/06/201829/08/2018DutchPDF
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 · 2 active · 8 ended

Active mandates

Lexcom

Managing director · since 30 juin 2022 · until 06 juin 2028 · 0818.448.485

Represented by Wouter Vijverman

Active
Usly Wijnants

Director · since 30 juin 2022 · until 06 juin 2028

Active

Ended mandates

Lexcom

Managing director · since 06 juin 2023 · 0818.448.485

Represented by Vijverman WOUTER

Ended
Usly Wijnants

Director · since 06 juin 2023

Ended
Lexcom

Director · since 22 décembre 2016 · 0818.448.485

Represented by Vijverman WOUTER

Ended
Lexcom

Director · since 22 décembre 2016 · 0818.448.485

Represented by Vijverman WOUTER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/01/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/05/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/01/2017
    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. 2025
    Annual accounts 2025128,6 k €
  2. 2024
    Annual accounts 2024280,9 k €
  3. 2023
    Annual accounts 2023347,2 k €
  4. 2022
    Annual accounts 2022-369,8 k €
  5. 2021
    Annual accounts 20211,9 k €
  6. 2018
    Annual accounts 201821,1 k €
  7. 2017
    Annual accounts 201786,6 k €
  8. 23/12/2016
    IncorporationPublic limited company