ACTIVE

NTX

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Financial year 2025 · Closed on 31/12/2025

Net result-4 M €-65,5 %over 1 year
Revenue32,8 M €+6,0 %over 1 year
Equity4,2 M €-48,6 %over 1 year
Workforce112,9 ETP+22,9 %over 1 year

Identity

Source · BCE/KBO

NTX is a Private limited company incorporated in 2003. Its main activity is: Computer consultancy activities. Its registered office is in Geel. It employs on average 112,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0862.443.331
Incorporation
30/12/2003
Legal form
Private limited company
Registered office
Kleinhoefstraat 11 box 1
2440 Geel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
112,9 ETP
Joint committees (2)
  • 100
  • 200
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue32,8 M €30,9 M €–––
EBITDA2,3 M €2,9 M €2,4 M €955,4 k €1,3 M €
Operating result-1,6 M €-936,5 k €1,3 M €813 k €1,1 M €
Net result-4 M €-2,4 M €7,1 M €445,8 k €1,6 M €
Balance sheet
Equity4,2 M €8,3 M €10,7 M €3,6 M €3,2 M €
Total assets45,4 M €44,7 M €43 M €13,9 M €12 M €
Cash1,4 M €3,8 M €203,2 k €86,7 k €39,5 k €
Debts38,9 M €34,8 M €31,7 M €10,2 M €8,8 M €
Other
Workforce112,9 ETP91,9 ETP50,8 ETP32,6 ETP25,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NTX Holding0797.736.710Represented by Maarten Bovée
Managing directorsince 20/02/2026
SMANCO0894.369.395Represented by Tim SLEEBUS
Directorsince 30/06/2024Persoon belast met dagelijks bestuur24/02/2023 → 2023 accountsendedManaging directorlisted until the 2022 accountsended
ULTIMA0758.602.158Represented by Wim Jacobs
Managing directorsince 20/11/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MSPCo0758.413.603Represented by Tim Sleebus
Associate01/07/2023 → 2023 accounts
Arkeus Beheer0552.931.474Represented by Philippe Touquet
Directorlisted until the 2022 accounts
DMJ Services0743.885.773Represented by Jeroen De Meyst
Directorlisted until the 2022 accounts
Hyperbool0841.036.718Represented by Koen VANLOMMEL
Managing director24/02/2023 → 2024 accounts

Other companies at this address

Kleinhoefstraat 11 2440 Geel
CompanyCBE no.
COVR● Active
0466.505.761
COVR Invest● Active
0676.383.077
DATACORE● Active
0476.594.355
DRIGIMA● Active
0466.793.593
Hyperonym● Active
1016.684.813
Hyperspeed● Active
0739.784.950
Immo Smartpresentations● Active
1020.773.956
Park Link● Active
1018.823.365
SMARTPRESENTATIONS● Active
0867.527.913
TORMANS BV● Active
0473.051.578
TORMANS MANAGEMENT ENGINEERS● Active
0842.194.481
Vereniging van mede-eigenaars SQUARE ONE● Active
0720.548.266

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date09/06/202601/07/202526/06/202415/06/202319/07/202230/08/2021
General meeting02/06/202627/06/202506/06/202406/06/202330/06/202230/04/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202609/06/2026DutchPDF
Full model31/12/202427/06/202501/07/2025DutchPDF
Abridged model31/12/202306/06/202426/06/2024DutchPDF
Abridged model31/12/202206/06/202315/06/2023DutchPDF
Abridged model31/12/202130/06/202219/07/2022DutchPDF
Abridged modelCorrection30/06/202030/04/202130/08/2021DutchPDF
Abridged model30/06/202026/11/202029/01/2021DutchPDF
Abridged model30/06/201928/11/201915/01/2020DutchPDF
Abridged model31/12/201707/06/201805/07/2018DutchPDF
Abridged model31/12/201601/06/201727/07/2017DutchPDF
Abridged model31/12/201502/06/201630/06/2016DutchPDF
Abridged model31/12/201404/06/201530/06/2015DutchPDF
Abridged model31/12/201305/06/201430/07/2014DutchPDF
Abridged model31/12/201206/06/201326/07/2013DutchPDF
Abridged model31/12/201107/06/201231/07/2012DutchPDF
Abridged model31/12/201003/06/201103/08/2011DutchPDF
Abridged model31/12/200903/06/201026/07/2010DutchPDF
Abridged model31/12/200804/06/200903/07/2009DutchPDF
Abridged model31/12/200705/06/200828/07/2008DutchPDF
Abridged model31/12/200607/06/200726/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NTX Holding0797.736.710Represented by Maarten Bovée
Managing directorsince 20/02/2026
SMANCO0894.369.395Represented by Tim SLEEBUS
Directorsince 30/06/2024Persoon belast met dagelijks bestuur24/02/2023 → 2023 accountsendedManaging directorlisted until the 2022 accountsended
ULTIMA0758.602.158Represented by Wim Jacobs
Managing directorsince 20/11/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MSPCo0758.413.603Represented by Tim Sleebus
Associate01/07/2023 → 2023 accounts
Arkeus Beheer0552.931.474Represented by Philippe Touquet
Directorlisted until the 2022 accounts
DMJ Services0743.885.773Represented by Jeroen De Meyst
Directorlisted until the 2022 accounts
Hyperbool0841.036.718Represented by Koen VANLOMMEL
Managing director24/02/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares17/09/2026
    KAPITAAL, AANDELEN
    PDF
  • Mandates26/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/05/2025
    KAPITAAL - AANDELEN
    PDF
  • Restructuring19/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/06/2024
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Restructuring29/05/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
NTX Holding
SMANCO
ULTIMA
MSPCo
Arkeus Beheer
DMJ Services
Hyperbool
Wim JACOBS
200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
NTXNetflow Software
Kleinhoefstraat 11 bte 1, 2440 GeelBurchtstraat 190, 9150 Beveren-Kruibeke-Zwijndrecht
Director
Managing director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kleinhoefstraat 11 bte 1, 2440 GeelCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00146508
Burchtstraat 190, 9150 Beveren-Kruibeke-Zwijndrecht
accounts 2021 → 2022
Accounts 2022 · 2023-00132941

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
NTXCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00146508
Netflow Software
accounts 2021 → 2022
Accounts 2022 · 2023-00132941

Events

  1. 2025
    Annual accounts 2025-4 M €↓
  2. 2024
    Annual accounts 2024-2,4 M €↓
  3. 2023
    Annual accounts 20237,1 M €↑
  4. 2023
    Name changeNTX
  5. 2022
    Annual accounts 2022445,8 k €↓
  6. 2021
    Annual accounts 20211,6 M €↑
  7. 2020
    Annual accounts 2020622,5 k €↑
  8. 2019
    Annual accounts 2019386,2 k €↑
  9. 2017
    Annual accounts 2017308,8 k €↑
  10. 2016
    Annual accounts 2016123,4 k €↑
  11. 2015
    Annual accounts 201591,9 k €↑
  12. 2014
    Annual accounts 201470,5 k €↑
  13. 2013
    Annual accounts 201333 k €↓
  14. 2012
    Annual accounts 201275,5 k €↓
  15. 2011
    Annual accounts 201179,8 k €↓
  16. 2010
    Annual accounts 201091,9 k €↑
  17. 2009
    Annual accounts 200945,9 k €↓
  18. 2008
    Annual accounts 200895,2 k €↑
  19. 2007
    Annual accounts 200758,7 k €↓
  20. 2006
    Annual accounts 200689,6 k €
  21. 30/12/2003
    IncorporationPrivate limited company