Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Citymesh Flex from Oostkamp, company number BE0650535151, closed financial year 2025 with a result of € -724,249 after tax. For that financial year Citymesh Flex recorded a gross margin of € 2.8 million and equity of € 364,769. Compared with financial year 2024, the result moved from € -1,341 to € -724,249. The company made a loss. The buffer shrank hard: equity is 67 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 364,769
▼ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -724,249
▼ 53919 % more loss than in 2024
Profit after tax over the fiscal year.
€ 209,543
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 129,042.
People and assets in 2025
26.9
▲ 7.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 35% vs 2024
€ 85,800 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.
€ 1.5 million
▼ 28% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 2.2 million
▼ 25% vs 2024
€ 833,880 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.5 million
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.2 million
▲ 159% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,242 | € 695,129 | € 2,896,471 | € 2,806,078 | ▼ 3% |
| Profit after taxes | € -15,874 | € -341,676 | € -1,341 | € -724,249 | ▼ € 722,908 |
| Equity | € -106,877 | € -169,647 | € 1,089,018 | € 364,769 | ▼ 67% |
| Total debts | € 123,885 | € 2,056,024 | € 5,058,995 | € 5,276,225 | ▲ 4% |
| Cash | € 4,794 | € 122,400 | € 404,944 | € 209,543 | ▼ 48% |
| Retained profit | € -113,077 | € -394,915 | € 853,291 | € 129,042 | ▼ 85% |
| Bank debt | € 0 | € 11,598 | € 2,953,301 | € 2,227,180 | ▼ 25% |
| Balance sheet total | € 17,008 | € 1,886,377 | € 6,148,013 | € 5,640,994 | ▼ 8% |
| Employees (FTE) | 0 | 11.2 | 19.8 | 26.9 | ▲ 7.1 |
Key figures of Citymesh Flex, 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 Citymesh Flex?
What happened at Citymesh Flex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joeri Tranchet stepped down as director. NBB
- Ghost Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 724,249. filed late Source: NBB ↗
- Joeri Tranchet became a director. NBB
- Ghost Consulting BV became a director. NBB
- Luc Vreys became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,874 loss in 2022 to € 724,249 loss in 2025.
Paid € 39,017 in corporate taxes since 2022.
On average € 104,300 of value added per employee in 2025.
A new publication or filing at Citymesh Flex? We notify you, reason included.
Follow Citymesh FlexDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of CITYMESH INTEGRATOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Citymesh FlexBehind Citymesh Flex is Luc Vreys. The shares are held by CITYMESH INTEGRATOR (100%).
Directors
According to the 2025 annual accounts
Luc Vreys
Manager
Also active at: Citymesh 0G, Citymesh Safety Drones, Citymesh Critical Solutions, Citymesh Connect, EDPNET Belgium, VFM CONSULTING, TOWEREYE
since 2018
Joeri Tranchet
Director
Also active at: Citymesh Connect, Slice, EDPNET Belgium, Citymesh DIGI Holding
since 2025 · until 2031
Director · represented by Mitch De Geest
Also active at: CITYMESH OPERATOR, GREENFOX, Citymesh Mobile, InSky, EDPNET Belgium, DIGI Communications Belgium, QUEST COMPUTERS, Citymesh Air +2 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Siemenslaan 13
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →CITYMESH OPERATOR same network
€ 1.3 million revenue · 2025
Citymesh 0G same network
€ 366,995 gross margin · 2025
Citymesh Critical Solutions same network
€ 993,073 gross margin · 2025
Citymesh Connect same network
€ -471,487 gross margin · 2025
Citymesh Group
+8 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
- 0650.535.151
- VAT number
- BE 0650.535.151
- Registered office
- Siemenslaan 13, 8020 Oostkamp
- Names & denominations
- Citymesh Flex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2016
- Peppol
- Not registered
- Activities · NACE
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Draadloze telecommunicatie
Overige diensten op het gebied van informatietechnologie en computer
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten