Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.6 to 6.3.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CIONET from Mechelen, company number BE0477015514, closed financial year 2025 with a result of € -123,764 after tax. For that financial year CIONET recorded a gross margin of € 387,553 and equity of € 264,301. Compared with financial year 2024, the result moved from € 243,912 to € -123,764. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 25, 2026.
€ 264,301
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,764
▼ still € 243,912 profit in 2024
Profit after tax over the fiscal year.
€ 142,763
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 110,701.
People and assets in 2025
6.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 434,468
▼ 13% vs 2024
€ 69,000 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.
€ 72,951
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 475,293
▲ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 609,556
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 68,103
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 443,871 | € 308,138 | € 850,625 | € 387,553 | ▼ 54% |
| Profit after taxes | € 141,710 | € -579,247 | € 243,912 | € -123,764 | ▼ € 367,675 |
| Equity | € 723,400 | € 144,153 | € 388,065 | € 264,301 | ▼ 32% |
| Total debts | € 1,426,227 | € 1,335,975 | € 1,278,991 | € 1,657,362 | ▲ 30% |
| Cash | € 649,426 | € 55,688 | € 122,148 | € 142,763 | ▲ 17% |
| Retained profit | € 569,800 | € -9,447 | € 234,465 | € 110,701 | ▼ 53% |
| Bank debt | € 435,000 | € 385,092 | € 375,000 | € 475,293 | ▲ 27% |
| Balance sheet total | € 2,149,627 | € 1,480,128 | € 1,667,055 | € 1,921,663 | ▲ 15% |
| Employees (FTE) | 7.6 | 8.6 | 7.6 | 6.3 | ▼ 1.3 |
Key figures of CIONET, 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 CIONET?
What happened at CIONET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DECKERS DE MEYTS Comm. V. stepped down as director. NBB
- PROSPER Comm. V. stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 123,764 (▼ € 367,675 vs 2024). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- DECKERS DE MEYTS Comm. V. became a director. NBB
- PROSPER Comm. V. became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 141,710 profit in 2022 to € 123,764 loss in 2025.
Paid € 63,758 in corporate taxes since 2022.
Best year ever: 2024, with € 243,912 profit.
On average € 61,500 of value added per employee in 2025.
Management
The stake of By Virgo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CIONETThe shares are held by By Virgo (100%).
Directors
According to the 2025 annual accounts
Director · represented by Deckers Hendrik
since 2017 · until 2030
Director · represented by HENDRIKX Luc
since 2017 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cortenbachplein 8 box 1
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →BOOUW
€ 439,572 gross margin · 2025
WOOW
€ 2,750 revenue · 2025
Hoome Group
€ 585,559 gross margin · 2025
Land
€ 63,476 gross margin · 2025
DANS
€ -8,812 gross margin · 2025
+6 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
- 0477.015.514
- VAT number
- BE 0477.015.514
- Registered office
- Cortenbachplein 8 bus 1, 2800 Mechelen
- Names & denominations
- CIONET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2002
- Peppol
- Active · Active since 8 Dec 2022
- Activities · NACE
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