Financials
Financial year 2024
Network-IT from Mechelen, company number BE0553500113, closed financial year 2024 with a result of € 72,070 after tax. For that financial year Network-IT recorded a gross margin of € 119,337 and equity of € 182,613. Compared with financial year 2023, the result moved from € 11,190 to € 72,070. 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 September 29, 2025.
€ 182,613
▲ 40% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,070
▲ € 60,879 vs 2023
Profit after tax over the fiscal year.
€ 99,105
▲ 37% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 19,909 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,124
▼ 93% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 112,249
▼ 9% vs 2023
€ 11,715 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 11,686
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,115
▲ 168% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 45,594 | € 63,134 | € 38,026 | € 119,337 | ▲ 214% |
| Profit after taxes | € 18,679 | € 29,189 | € 11,190 | € 72,070 | ▲ € 60,879 |
| Equity | € 133,074 | € 162,262 | € 130,453 | € 182,613 | ▲ 40% |
| Total debts | € 150,122 | € 144,764 | € 180,841 | € 159,755 | ▼ 12% |
| Cash | € 60,260 | € 93,243 | € 72,089 | € 99,105 | ▲ 37% |
| Retained profit | € 120,674 | € 149,862 | € 118,053 | € 170,213 | ▲ 44% |
| Dividend | € 0 | € 0 | € 43,000 | € 19,909 | ▼ 54% |
| Bank debt | € 143,782 | € 133,453 | € 122,943 | € 112,249 | ▼ 9% |
| Balance sheet total | € 283,196 | € 307,026 | € 311,294 | € 342,369 | ▲ 10% |
Key figures of Network-IT, fiscal years 2021 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 Network-IT?
What happened at Network-IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 72,070 (▲ € 60,879 vs 2023). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,679 profit in 2021 to € 72,070 profit in 2024.
Paid € 55,649 in corporate taxes since 2021.
Best year ever: 2024, with € 72,070 profit.
Paid out € 62,909 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Nick Geoffroy
Manager
Establishments
Establishment units
Physical locations of this company
Adegemstraat 88
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
VELIANET-AS velia.net Internetdienste GmbH, DE
Domain
Domain
network-it.be
Registered
2011-07-01
Website info
Features
Security
Details
- Company number
- 0553.500.113
- VAT number
- BE 0553.500.113
- Registered office
- Adegemstraat 88, 2800 Mechelen
- Names & denominations
- Network-IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2014
- Peppol
- Active · Active since 28 Feb 2026
- Contact
- network-it.be
- Activities · NACE
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