Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 56.8 million
▲ 10% vs 2024
Profit
Healthy€ 29.9 million
▼ 57% vs 2024
Debts
Low€ 377.7 million
▼ 13% vs 2024
COMBELL from Gent, company number BE0541977701, closed financial year 2025 with a result of € 29.9 million after tax. For that financial year COMBELL recorded revenue of € 56.8 million and equity of € 509 million. Compared with financial year 2024, the result moved from € 68.9 million to € 29.9 million. The company is profitable. 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 August 14, 2026.
What happened at COMBELL?
What happened at COMBELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29.9 million (▼ 57% vs 2024). filed late Source: NBB ↗
- Jimmy Cappaert stepped down as director. NBB
- Stephen Ewart stepped down as director. NBB
- Jacques Vanloo stepped down as director. NBB
- Jonas Dhaenens stepped down as director. NBB
- Stephen Ewart became a director. NBB
- Jacques Vanloo became a director. NBB
- Jonas Dhaenens became a director. NBB
In short
From € 26 million profit in 2021 to € 29.9 million profit in 2025.
Paid € 7.9 million in corporate taxes since 2021.
Best year ever: 2024, with € 68.9 million profit.
Paid out € 20 million in dividends to the owners in total.
A new publication or filing at COMBELL? We notify you, reason included.
Follow COMBELLNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
It owns 100% of Swizzonic, 100% of team.blue Nordic APS, 100% of Flexmail, 100% of Webnode, 100% of Cizgi Telekomunikasyon A.S. and 100% of Superhosting.bg OOD itself.
Directors
According to the 2025 annual accounts
Stephen Ewart
Director
since 2023 · until 2026
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Skaldenstraat 121
9042 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
G&P QUALITY MANAGEMENT
€ 394,417 gross margin · 2025
GHENT WAREHOUSING SYSTEMS
€ 3.7 million gross margin · 2025
EASYHOST same network
€ 795,839 gross margin · 2025
MCSyncro
€ 18.4 million revenue · 2025
BROSE GENT
€ 64 million revenue · 2025
+7 more
Details
- Company number
- 0541.977.701
- VAT number
- BE 0541.977.701
- Registered office
- Skaldenstraat 121, 9042 Gent
- Names & denominations
- COMBELL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2013
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Gegevensverwerking, webhosting en aanverwante activiteiten
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering