NETHYS is a market research agency in Liège. Public Limited, started on 13 April 1999, 1 establishment.

What is the address of NETHYS?

The registered office of NETHYS is located at Boulevard Piercot 46, 4000 Liège.

Is NETHYS still active?

Yes. According to the CBE (29 October 2026) NETHYS is active, legal situation “Normale toestand”, started on 13 April 1999.

Is NETHYS registered on Peppol?

Yes, NETHYS is registered on the Peppol network with ID 0208:0465607720.

What is the enterprise number of NETHYS?

The enterprise number of NETHYS is BE0465607720.

When was NETHYS founded?

NETHYS was founded on 13 April 1999.

Who are the directors of NETHYS?

According to the 2025 annual accounts, the directors of NETHYS are: Luc GILLARD, Muriel GERKENS, Julie FERNANDEZ FERNANDEZ, Thiry Bernard , Olivier DE WASSEIGE, Laurent LEVAUX, Adrien GRABARSKI, Martin JADIN.

Is NETHYS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 1999; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did NETHYS make in 2025?

NETHYS posted a profit after taxes of € 18,273,407 in financial year 2025.

What is the revenue of NETHYS?

In its most recent annual accounts (2025), NETHYS reported revenue of € 488,102.

How much does an employee at NETHYS earn?

The average wage cost per full-time employee at NETHYS was € 149,200 in 2025: staff costs of € 1.3 million for 8.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NETHYS have?

According to the 2025 annual accounts, NETHYS has 8.8 full-time equivalents (FTE).

NETHYS (Public Limited) - Liège - BE0465607720

Dossier NETHYS, printed on 29 October 2026 from databakkes.be/en/0465607720/nethys. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NETHYS from Liège, company number BE0465607720, closed financial year 2025 with a result of € 18.3 million after tax. For that financial year NETHYS recorded revenue of € 488,102 and equity of € 1.6 billion. Compared with financial year 2024, the result moved from € 70.6 million to € 18.3 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 8, 2026.

What it is worth Healthy

€ 1.6 billion

▼ 1% vs 2024

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

Profit Healthy

€ 18.3 million

▼ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 28.7 million

▲ 40% vs 2024

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

Where the profit goes Pays out

€ 42 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

8.8

▼ 0.1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.3 million

▲ 4% vs 2024

€ 149,200 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

€ 168,994

▼ 12% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 18.5 million

▼ 23% vs 2024

€ 5.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 880,838

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.

Taxes and wages

€ 163,452

▲ 8% 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
Revenue	€ 200,722 Revenue 2022: € 200,722 First fiscal year in the series	€ 237,526 Revenue 2023: € 237,526 ▲ 18% vs 2022 (€ 200,722) Favourable step	€ 218,971 Revenue 2024: € 218,971 ▼ 8% vs 2023 (€ 237,526) Unfavourable step	€ 488,102 Revenue 2025: € 488,102 ▲ 123% vs 2024 (€ 218,971) Favourable step	▲ 123%
Profit after taxes	€ 20,192,573 Profit after taxes 2022: € 20,192,573 First fiscal year in the series	€ 715,714,178 Profit after taxes 2023: € 715,714,178 ▲ € 695.5 million vs 2022 (€ 20,192,573) Favourable step	€ 70,581,638 Profit after taxes 2024: € 70,581,638 ▼ 90% vs 2023 (€ 715,714,178) Unfavourable step	€ 18,273,407 Profit after taxes 2025: € 18,273,407 ▼ 74% vs 2024 (€ 70,581,638) Unfavourable step	▼ 74%
Equity	€ 1,154,929,129 Equity 2022: € 1,154,929,129 First fiscal year in the series	€ 1,637,851,780 Equity 2023: € 1,637,851,780 ▲ 42% vs 2022 (€ 1,154,929,129) Favourable step	€ 1,673,384,737 Equity 2024: € 1,673,384,737 ▲ 2% vs 2023 (€ 1,637,851,780) Favourable step	€ 1,649,695,701 Equity 2025: € 1,649,695,701 ▼ 1% vs 2024 (€ 1,673,384,737) Unfavourable step	▼ 1%
Total debts	€ 68,963,866 Total debts 2022: € 68,963,866 First fiscal year in the series	€ 69,125,447 Total debts 2023: € 69,125,447 Unchanged (€ 68,963,866) Unfavourable step	€ 61,371,681 Total debts 2024: € 61,371,681 ▼ 11% vs 2023 (€ 69,125,447) Favourable step	€ 61,614,072 Total debts 2025: € 61,614,072 Unchanged (€ 61,371,681) Unfavourable step
Cash	€ 38,673,052 Cash 2022: € 38,673,052 First fiscal year in the series	€ 21,167,895 Cash 2023: € 21,167,895 ▼ 45% vs 2022 (€ 38,673,052) Unfavourable step	€ 20,407,542 Cash 2024: € 20,407,542 ▼ 4% vs 2023 (€ 21,167,895) Unfavourable step	€ 28,660,984 Cash 2025: € 28,660,984 ▲ 40% vs 2024 (€ 20,407,542) Favourable step	▲ 40%
Land & buildings	€ 5,859,199 Land & buildings 2022: € 5,859,199 First fiscal year in the series	€ 5,458,771 Land & buildings 2023: € 5,458,771 ▼ 7% vs 2022 (€ 5,859,199) Unchanged	€ 1,258,948 Land & buildings 2024: € 1,258,948 ▼ 77% vs 2023 (€ 5,458,771) Unchanged	€ 1,007,214 Land & buildings 2025: € 1,007,214 ▼ 20% vs 2024 (€ 1,258,948) Unchanged	▼ 20%
Retained profit	€ 29,581,703 Retained profit 2022: € 29,581,703 First fiscal year in the series	€ 512,504,355 Retained profit 2023: € 512,504,355 ▲ € 482.9 million vs 2022 (€ 29,581,703) Favourable step	€ 548,037,311 Retained profit 2024: € 548,037,311 ▲ 7% vs 2023 (€ 512,504,355) Favourable step	€ 524,348,275 Retained profit 2025: € 524,348,275 ▼ 4% vs 2024 (€ 548,037,311) Unfavourable step	▼ 4%
Dividend	€ 12,429,953 Dividend 2022: € 12,429,953 First fiscal year in the series	€ 232,791,527 Dividend 2023: € 232,791,527 ▲ € 220.4 million vs 2022 (€ 12,429,953) Unchanged	€ 35,048,681 Dividend 2024: € 35,048,681 ▼ 85% vs 2023 (€ 232,791,527) Unchanged	€ 41,962,443 Dividend 2025: € 41,962,443 ▲ 20% vs 2024 (€ 35,048,681) Unchanged	▲ 20%
Bank debt	€ 39,078,258 Bank debt 2022: € 39,078,258 First fiscal year in the series	€ 29,626,012 Bank debt 2023: € 29,626,012 ▼ 24% vs 2022 (€ 39,078,258) Favourable step	€ 24,113,659 Bank debt 2024: € 24,113,659 ▼ 19% vs 2023 (€ 29,626,012) Favourable step	€ 18,540,534 Bank debt 2025: € 18,540,534 ▼ 23% vs 2024 (€ 24,113,659) Favourable step	▼ 23%
Balance sheet total	€ 1,223,892,995 Balance sheet total 2022: € 1,223,892,995 First fiscal year in the series	€ 1,706,977,227 Balance sheet total 2023: € 1,706,977,227 ▲ 39% vs 2022 (€ 1,223,892,995) Unchanged	€ 1,735,321,418 Balance sheet total 2024: € 1,735,321,418 ▲ 2% vs 2023 (€ 1,706,977,227) Unchanged	€ 1,721,309,773 Balance sheet total 2025: € 1,721,309,773 ▼ 1% vs 2024 (€ 1,735,321,418) Unchanged	▼ 1%
Employees (FTE)	9.1 Employees (FTE) 2022: 9.1 First fiscal year in the series	9.3 Employees (FTE) 2023: 9.3 ▲ 0.2 vs 2022 (9.1) Unchanged	8.9 Employees (FTE) 2024: 8.9 ▼ 0.4 vs 2023 (9.3) Unchanged	8.8 Employees (FTE) 2025: 8.8 ▼ 0.1 vs 2024 (8.9) Unchanged	▼ 0.1

Key figures of NETHYS, 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 NETHYS?

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

2031 Luc GILLARD stepped down as director. NBB
2031 Muriel GERKENS stepped down as director. NBB
2031 Julie FERNANDEZ FERNANDEZ stepped down as director. NBB
2031 Thiry Bernard stepped down as director. NBB
2031 Olivier DE WASSEIGE stepped down as director. NBB
2031 Laurent LEVAUX stepped down as director. NBB
2031 Adrien GRABARSKI stepped down as director. NBB
2031 Martin JADIN stepped down as director. NBB

In short

From € 20.2 million profit in 2022 to € 18.3 million profit in 2025.

Paid € 4.9 million in corporate taxes since 2022.

Best year ever: 2023, with € 715.7 million profit.

Paid out € 322.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ENODIA 100%

The stake of ENODIA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NETHYS

NETHYS IMMO 100%

ELICIO 100%

CREDIS 99.3%

Le Travailleur chez Lui 92.3%

+12

The shares are held by ENODIA (100%). It owns 100% of NETHYS IMMO, 100% of ELICIO, 99.3% of CREDIS, 92.3% of Le Travailleur chez Lui, 78.8% of Les Amis de M and 72% of TAXSHELTER itself.