Financials
Financial year 2025
NETCONNECT from Zandhoven, company number BE0464786386, closed financial year 2025 with a result of € 291,360 after tax. For that financial year NETCONNECT recorded a gross margin of € 3.7 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 116,368 to € 291,360. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 24, 2025.
€ 2.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 291,360
▲ 150% vs 2024
Profit after tax over the fiscal year.
€ 608,569
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
51.1
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 1% vs 2024
€ 56,900 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.
€ 548,827
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 799,155
▼ 1% vs 2024
€ 80,981 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.3 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 499,342
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,940,651 | € 3,070,808 | € 3,399,335 | € 3,687,050 | ▲ 8% |
| Profit after taxes | € 339,708 | € 181,624 | € 116,368 | € 291,360 | ▲ 150% |
| Equity | € 2,013,985 | € 2,195,609 | € 2,311,977 | € 2,603,337 | ▲ 13% |
| Total debts | € 1,604,005 | € 2,115,273 | € 3,363,171 | € 2,590,044 | ▼ 23% |
| Cash | € 193,055 | € 327,323 | € 511,228 | € 608,569 | ▲ 19% |
| Land & buildings | € 359,498 | € 307,754 | € 256,010 | € 204,291 | ▼ 20% |
| Retained profit | € 1,940,015 | € 2,121,639 | € 2,238,007 | € 2,529,367 | ▲ 13% |
| Bank debt | € 539,334 | € 648,000 | € 806,667 | € 799,155 | ▼ 1% |
| Balance sheet total | € 3,617,990 | € 4,310,882 | € 5,675,149 | € 5,193,381 | ▼ 8% |
| Employees (FTE) | 46.5 | 50.2 | 54 | 51.1 | ▼ 2.9 |
Key figures of NETCONNECT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NETCONNECT?
What happened at NETCONNECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 291,360 (▲ 150% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- BRG Consulting BV became a director. NBB
- NCE BV became a director. NBB
- K & K INVEST BV became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 339,708 profit in 2022 to € 291,360 profit in 2025.
Paid € 365,587 in corporate taxes since 2022.
Best year ever: 2022, with € 339,708 profit.
On average € 72,200 of value added per employee in 2025.
Management
The stake of Groep Netconnect comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NETCONNECTBehind NETCONNECT are NCE BV, BRG Consulting BV and K & K INVEST BV. The shares are held by Groep Netconnect (100%). It owns 60% of CONNECTIVITY SOLUTIONS and 45% of REFLOW itself.
Directors
According to the 2025 annual accounts
bestuurder · represented by Tom Op de Weerdt
since 2013
bestuurder · represented by Tom Van Looy
since 2024
bestuurder · represented by Kurt Cavens
since 2013
Shareholders
100%
Participations
45%
Establishments
Establishment units
Physical locations of this company
Vierselbaan 34
2240 Zandhoven
Ambachtenstraat 5 box unit A8
9160 Lokeren
Active since 22 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.786.386
- VAT number
- BE 0464.786.386
- Registered office
- Vierselbaan 34, 2240 Zandhoven
- Names & denominations
- NETCONNECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1998
- Peppol
- Active · Active since 30 Jun 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Detailhandel in elektrische huishoudapparaten
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
Ontwerpen en programmeren van computerprogramma's