NORMAL SITUATION

NETWORKNEEDS MG

Financial year 2021 · closed on 31/12/2021
Net result
4,3 k €
-82.0% YoY
Gross margin
20,7 k €
-34.7% YoY
Equity
67,2 k €
+6.9% YoY

Company — Normal situation.

What does NETWORKNEEDS MG do?

NETWORKNEEDS MG is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.530.109
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2021202020192018
Income statement
Gross margin20,7 k €31,7 k €28,7 k €5,9 k €
EBITDA18,4 k €30,9 k €28,5 k €5,6 k €
Operating result6,7 k €30,9 k €28,5 k €5,6 k €
Net result4,3 k €24,2 k €17,8 k €2,2 k €
Balance sheet
Equity67,2 k €62,8 k €38,6 k €20,8 k €
Total assets136,2 k €111,7 k €76 k €54,3 k €
Cash15,8 k €33 k €13,4 k €11 k €
Debts69 k €39,6 k €37,4 k €33,6 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 4 ended

Active mandates

NETWORKNEEDS VOF

Director · since 15 décembre 2017 · 0666.935.673

Represented by Gunther ADRIAENSSEN

Active
DLG

Director · since 15 février 2017 · 0877.268.394

Represented by Marnik JOOSTEN

Active

Ended mandates

DLG

Director · since 15 février 2017 · 0877.268.394

Represented by Marnik Joosten

Ended
DLG

Administrator - manager · since 15 février 2017 · 0877.268.394

Represented by Marnik Joosten

Ended
Networkneeds

Director · since 15 février 2017 · 0666.935.673

Represented by Gunther Adriaenssen

Ended
Networkneeds VOF

Administrator - manager · since 15 février 2017 · 0666.935.673

Represented by Gunther Adriaenssen

Ended
Annual accounts

Full financial information

2021202020192018
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201915/02/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months23 months
Filing date29/09/202221/12/202125/08/202002/07/2020
General meeting15/06/202215/06/202116/06/202018/06/2019
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202115/06/202229/09/2022DutchPDF
Micro model31/12/202015/06/202121/12/2021DutchPDF
Micro model31/12/201916/06/202025/08/2020DutchPDF
Micro model31/12/201818/06/201902/07/2020DutchPDF
Estimate

Indicative valuation

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 31/12/2021 · 2 active · 4 ended

Active mandates

NETWORKNEEDS VOF

Director · since 15 décembre 2017 · 0666.935.673

Represented by Gunther ADRIAENSSEN

Active
DLG

Director · since 15 février 2017 · 0877.268.394

Represented by Marnik JOOSTEN

Active

Ended mandates

DLG

Director · since 15 février 2017 · 0877.268.394

Represented by Marnik Joosten

Ended
DLG

Administrator - manager · since 15 février 2017 · 0877.268.394

Represented by Marnik Joosten

Ended
Networkneeds

Director · since 15 février 2017 · 0666.935.673

Represented by Gunther Adriaenssen

Ended
Networkneeds VOF

Administrator - manager · since 15 février 2017 · 0666.935.673

Represented by Gunther Adriaenssen

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 20214,3 k €
  2. 2020
    Annual accounts 202024,2 k €
  3. 2019
    Annual accounts 201917,8 k €
  4. 2018
    Annual accounts 20182,2 k €