Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 12.6 to 9.7.
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Late annual account NBB
Fiscal year 2024 was filed 412 days after the legal deadline.
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Busy address KBO
84 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
SymphonyAI NetReveal Belgium from Aalst, company number BE0465095006, closed financial year 2024 with a result of € 3.7 million after tax. For that financial year SymphonyAI NetReveal Belgium recorded revenue of € 36 million and equity of € 8.6 million. Compared with financial year 2023, the result moved from € 2 million to € 3.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 16, 2026.
€ 8.6 million
▲ 77% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.7 million
▲ 85% vs 2023
Profit after tax over the fiscal year.
€ 1.5 million
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 6.6 million.
People and assets in 2024
9.7
▼ 2.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 32% vs 2023
€ 164,700 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.
€ 10,856
▼ 52% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 27.1 million
▲ € 26.8 million vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 337 days on average.
€ 1.9 million
▲ 81% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 22,779,832 | € 31,281,603 | € 36,044,478 | ▲ 15% |
| Profit after taxes | € 696,352 | € 2,017,407 | € 3,734,258 | ▲ 85% |
| Equity | € 2,847,155 | € 4,864,562 | € 8,598,818 | ▲ 77% |
| Total debts | € 14,592,769 | € 34,891,784 | € 39,122,262 | ▲ 12% |
| Cash | € 1,752,528 | € 3,156,113 | € 1,450,701 | ▼ 54% |
| Retained profit | € 891,879 | € 2,909,287 | € 6,643,543 | ▲ 128% |
| Balance sheet total | € 17,519,276 | € 39,756,347 | € 47,721,081 | ▲ 20% |
| Employees (FTE) | 12.6 | 12 | 9.7 | ▼ 2.3 |
Key figures of SymphonyAI NetReveal Belgium, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SymphonyAI NetReveal Belgium?
What happened at SymphonyAI NetReveal Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ravi Narula stepped down as director. NBB
- Paul Dharwar stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 3.7 million (▲ 85% vs 2023). filed late Source: NBB ↗
- Ravi Narula became a director. NBB
- Paul Dharwar became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 696,352 profit in 2022 to € 3.7 million profit in 2024.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.7 million profit.
Management
The shares are held by SymphonyAI NetReveal Ireland (66.6%) and SymphonyAI NetReveal Group Ireland (33.4%).
Directors
According to the 2024 annual accounts
Ravi Narula
Director
since 2025 · until 2031
Paul Dharwar
Director
since 2023 · until 2029
Shareholders
SymphonyAI NetReveal Ireland
66.6%
SymphonyAI NetReveal Group Ireland
33.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groeneweg 17
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 84 companies are registered at this address.
All companies at this address →CALDERS
€ 43,699 gross margin · 2023
EVRARD CONSULTING
€ 28,150 gross margin · 2025
VTM Quality Services
€ 22.8 million revenue · 2025
Scandstick Belgium
€ 646,037 gross margin · 2025
AUGNITION
€ 1.6 million gross margin · 2025
+79 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
- 0465.095.006
- VAT number
- BE 0465.095.006
- Registered office
- Groeneweg 17, 9320 Aalst
- Names & denominations
- SymphonyAI NetReveal Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1998
- Peppol
- Active · Active since 2 Feb 2026
- Contact
- symphonyai.com
- Activities · NACE
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Ontwerpen en programmeren van computerprogramma's
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Secretariaten
+1