What does NETWORK MARKETING do?

NETWORK MARKETING is a road haulage company in Wavre. Private Limited, started on 15 October 1989, 5 establishments.

What is the address of NETWORK MARKETING?

The registered office of NETWORK MARKETING is located at Avenue Vésale 20, 1300 Wavre.

Is NETWORK MARKETING still active?

Yes. According to the CBE (29 October 2026) NETWORK MARKETING is active, legal situation “Normale toestand”, started on 15 October 1989.

Is NETWORK MARKETING registered on Peppol?

Yes, NETWORK MARKETING is registered on the Peppol network with ID 0208:0438616083.

What is the enterprise number of NETWORK MARKETING?

The enterprise number of NETWORK MARKETING is BE0438616083.

When was NETWORK MARKETING founded?

NETWORK MARKETING was founded on 15 October 1989.

Who are the directors of NETWORK MARKETING?

According to the 2025 annual accounts, the directors of NETWORK MARKETING are: Kenny Van Cutsem.

Is NETWORK MARKETING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 October 1989; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 5 establishments in the CBE.

How much profit did NETWORK MARKETING make in 2025?

NETWORK MARKETING posted a profit after taxes of € 9,552 in financial year 2025.

What is the revenue of NETWORK MARKETING?

As a small company, NETWORK MARKETING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,262,103.

How much does an employee at NETWORK MARKETING earn?

The average wage cost per full-time employee at NETWORK MARKETING was € 47,900 in 2025: staff costs of € 1 million for 21.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NETWORK MARKETING have?

According to the 2025 annual accounts, NETWORK MARKETING has 21.7 full-time equivalents (FTE).

NETWORK MARKETING (Private Limited) - Wavre

Dossier NETWORK MARKETING, printed on 29 October 2026 from databakkes.be/en/0438616083/network-marketing. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NETWORK MARKETING from Wavre, company number BE0438616083, closed financial year 2025 with a result of € 9,552 after tax. For that financial year NETWORK MARKETING recorded a gross margin of € 1.3 million and equity of € 355,934. Compared with financial year 2024, the result moved from € 83,687 to € 9,552. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Growing

€ 355,934

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 9,552

▼ 89% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 33,785

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 337,384.

People and assets in 2025

Full-time equivalents

21.7

▲ 4.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1 million

▲ 18% vs 2024

€ 47,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 145,136

▼ 46% vs 2024

Of which on lease € 18,621.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 282,063

▼ 23% vs 2024

€ 125,599 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 167,700

▲ 115% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 263,483

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 592,630 Gross margin 2022: € 592,630 First fiscal year in the series	€ 725,973 Gross margin 2023: € 725,973 ▲ 23% vs 2022 (€ 592,630) Favourable step	€ 1,158,199 Gross margin 2024: € 1,158,199 ▲ 60% vs 2023 (€ 725,973) Favourable step	€ 1,262,103 Gross margin 2025: € 1,262,103 ▲ 9% vs 2024 (€ 1,158,199) Favourable step	▲ 9%
Profit after taxes	€ -13,314 Profit after taxes 2022: € -13,314 First fiscal year in the series	€ -127,957 Profit after taxes 2023: € -127,957 ▼ € 114,642 vs 2022 (€ -13,314) Unfavourable step	€ 83,687 Profit after taxes 2024: € 83,687 ▲ € 211,643 vs 2023 (€ -127,957) Favourable step	€ 9,552 Profit after taxes 2025: € 9,552 ▼ 89% vs 2024 (€ 83,687) Unfavourable step	▼ 89%
Equity	€ 390,651 Equity 2022: € 390,651 First fiscal year in the series	€ 262,695 Equity 2023: € 262,695 ▼ 33% vs 2022 (€ 390,651) Unfavourable step	€ 346,382 Equity 2024: € 346,382 ▲ 32% vs 2023 (€ 262,695) Favourable step	€ 355,934 Equity 2025: € 355,934 ▲ 3% vs 2024 (€ 346,382) Favourable step	▲ 3%
Total debts	€ 1,063,344 Total debts 2022: € 1,063,344 First fiscal year in the series	€ 872,436 Total debts 2023: € 872,436 ▼ 18% vs 2022 (€ 1,063,344) Favourable step	€ 782,876 Total debts 2024: € 782,876 ▼ 10% vs 2023 (€ 872,436) Favourable step	€ 754,810 Total debts 2025: € 754,810 ▼ 4% vs 2024 (€ 782,876) Favourable step	▼ 4%
Cash	€ 154,360 Cash 2022: € 154,360 First fiscal year in the series	€ 108,819 Cash 2023: € 108,819 ▼ 30% vs 2022 (€ 154,360) Unfavourable step	€ 63,678 Cash 2024: € 63,678 ▼ 41% vs 2023 (€ 108,819) Unfavourable step	€ 33,785 Cash 2025: € 33,785 ▼ 47% vs 2024 (€ 63,678) Unfavourable step	▼ 47%
Retained profit	€ 372,101 Retained profit 2022: € 372,101 First fiscal year in the series	€ 244,145 Retained profit 2023: € 244,145 ▼ 34% vs 2022 (€ 372,101) Unfavourable step	€ 327,832 Retained profit 2024: € 327,832 ▲ 34% vs 2023 (€ 244,145) Favourable step	€ 337,384 Retained profit 2025: € 337,384 ▲ 3% vs 2024 (€ 327,832) Favourable step	▲ 3%
Bank debt	€ 669,362 Bank debt 2022: € 669,362 First fiscal year in the series	€ 520,034 Bank debt 2023: € 520,034 ▼ 22% vs 2022 (€ 669,362) Favourable step	€ 368,588 Bank debt 2024: € 368,588 ▼ 29% vs 2023 (€ 520,034) Favourable step	€ 282,063 Bank debt 2025: € 282,063 ▼ 23% vs 2024 (€ 368,588) Favourable step	▼ 23%
Balance sheet total	€ 1,453,996 Balance sheet total 2022: € 1,453,996 First fiscal year in the series	€ 1,135,131 Balance sheet total 2023: € 1,135,131 ▼ 22% vs 2022 (€ 1,453,996) Unchanged	€ 1,129,258 Balance sheet total 2024: € 1,129,258 ▼ 1% vs 2023 (€ 1,135,131) Unchanged	€ 1,114,202 Balance sheet total 2025: € 1,114,202 ▼ 1% vs 2024 (€ 1,129,258) Unchanged	▼ 1%
Employees (FTE)	-	13.9 Employees (FTE) 2023: 13.9 First fiscal year in the series	17.4 Employees (FTE) 2024: 17.4 ▲ 3.5 vs 2023 (13.9) Unchanged	21.7 Employees (FTE) 2025: 21.7 ▲ 4.3 vs 2024 (17.4) Unchanged	▲ 4.3

Key figures of NETWORK MARKETING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to NETWORK MARKETING?

What happened at NETWORK MARKETING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 9,552 (▼ 89% vs 2024). Source: NBB ↗
Dec 16, 2024 New establishment in Etalle. KBO
Mar 1, 2024 New establishment in Seraing. KBO
Feb 1, 2024 New establishment in Wavre. KBO
Oct 1, 2022 New establishment in Mouscron. KBO
2018 Kenny Van Cutsem became a director. NBB
Nov 7, 1989 New establishment in Chastre. KBO
Oct 15, 1989 Start of the company according to the CBE. KBO

In short

From € 13,314 loss in 2022 to € 9,552 profit in 2025.

Paid € 24,201 in corporate taxes since 2022.

Best year ever: 2024, with € 83,687 profit.

On average € 58,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Kenny Van Cutsem

NETWORK MARKETING

For You Too 100%

IMMO-DEM 100%

Behind NETWORK MARKETING is Kenny Van Cutsem. It owns 100% of For You Too and 100% of IMMO-DEM itself.

Directors

According to the 2025 annual accounts

Kenny Van Cutsem

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Vésale 20

1300 Wavre

2.045.490.171

Rue des Aviateurs 2

1450 Chastre

Active since 7 November 1989

2.335.806.025

Castertstraat 193

7700 Mouscron

Active since 1 October 2022

2.357.009.829

Rue du Têris 20

4100 Seraing

Active since 1 March 2024

2.366.701.614

Rue de Hertanchamp,Ste-Marie 7 box B

6740 Etalle

Active since 16 December 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

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€ 304,462 gross margin · 2025

SOBELTAX LOCATION BRUSSELS CAPITAL

€ 274,571 gross margin · 2024

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0438.616.083

VAT number

BE 0438.616.083

Registered office

Avenue Vésale 20, 1300 Wavre

Names & denominations

NETWORK MARKETING

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 October 1989

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Goederenvervoer over de weg

Verhuisactiviteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

NETWORK MARKETING

Warning lights

Financials

What happened to NETWORK MARKETING?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions