ACTIVE

Citymesh Connect

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Financial year 2025 · Closed on 31/12/2025

Net result-1,8 M €+13,5 %over 1 year
Gross margin-471,5 k €-192,7 %over 1 year
Equity5,7 M €+61,5 %over 1 year
Workforce15,2 ETP+63,4 %over 1 year

Identity

Source · BCE/KBO

Citymesh Connect is a Private limited company incorporated in 2018. Its main activity is: Computer consultancy activities. Its registered office is in Oostkamp. It employs on average 15,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0712.645.340
Incorporation
28/10/2018
Legal form
Private limited company
Registered office
Siemenslaan 13
8020 Oostkamp · FlandreSee on map
Contributed capital
7 547 598,83 €
Latest accounts
31/12/2025
Average workforce
15,2 ETP
Joint committees (3)
  • 100
  • 200
  • 2000
Signals
Solid equityHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin-471,5 k €508,7 k €-1,3 M €-256 k €-380,6 k €
EBITDA-1,7 M €-2,2 M €-1,5 M €-297,1 k €-361,3 k €
Operating result-1,8 M €-2,2 M €-1,5 M €-227,8 k €-433,5 k €
Net result-1,8 M €-2,1 M €-1,6 M €-264,9 k €-457,5 k €
Balance sheet
Equity5,7 M €3,5 M €-1,3 M €-1,7 M €-1,4 M €
Total assets12,8 M €7,5 M €4,5 M €192,6 k €402,9 k €
Cash43 k €10,2 k €43,2 k €5,6 k €1,2 k €
Debts7 M €4 M €5,7 M €1,8 M €1,8 M €
Other
Workforce15,2 ETP9,3 ETP2,8 ETP–0,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Joeri Tranchet

Director · since 07 juillet 2025 · until 27 juin 2031

Active
Luc Vreys

Director · since 07 juillet 2025 · until 27 juin 2031

Active
Mitch De Geest

Director · since 28 octobre 2018

Active

Ended mandates

Mitch De Geest

Director

Ended

Other companies at this address

Siemenslaan 13 8020 Oostkamp
CompanyCBE no.
Citymesh 0G● Active
0632.450.985
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
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 date31/08/202622/07/202502/08/202412/07/202325/07/202202/07/2021
General meeting31/08/202607/07/202518/07/202430/06/202330/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/08/202631/08/2026DutchPDF
Abridged model31/12/202407/07/202522/07/2025DutchPDF
Abridged model31/12/202318/07/202402/08/2024DutchPDF
Abridged model31/12/202230/06/202312/07/2023DutchPDF
Abridged model31/12/202130/06/202225/07/2022DutchPDF
Abridged model31/12/202025/06/202102/07/2021DutchPDF
Abridged model31/12/201930/06/202001/07/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 ended

Active mandates

Joeri Tranchet

Director · since 07 juillet 2025 · until 27 juin 2031

Active
Luc Vreys

Director · since 07 juillet 2025 · until 27 juin 2031

Active
Mitch De Geest

Director · since 28 octobre 2018

Active

Ended mandates

Mitch De Geest

Director

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares22/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates26/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/12/2024
    DIVERSEN
    PDF
  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING
    PDF
  • Mandates27/04/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office30/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/10/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025-1,8 M €↑
  2. 2024
    Annual accounts 2024-2,1 M €↓
  3. 2023
    Annual accounts 2023-1,6 M €↓
  4. 2023
    Name changeCitymesh Connect
  5. 2022
    Annual accounts 2022-264,9 k €↑
  6. 2021
    Annual accounts 2021-457,5 k €↑
  7. 2020
    Annual accounts 2020-650 k €↓
  8. 2019
    Annual accounts 2019-301 k €
  9. 2019
    Name changeCWAVE
  10. 28/10/2018
    IncorporationPrivate limited company