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.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
46 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Netceed Holding Belgium from Antwerpen, company number BE0667617049, closed financial year 2025 with a result of € -851,894 after tax. For that financial year Netceed Holding Belgium recorded revenue of € 15.1 million and equity of € 47.4 million. Compared with financial year 2024, the result moved from € -1.1 million to € -851,894. The company made a loss. 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 July 14, 2026.
€ 47.4 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -851,894
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3 million
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28.1 million.
People and assets in 2025
14.6
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 5% vs 2024
€ 98,900 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.
€ 469,636
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.2 million
▲ 253% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 182 days on average.
€ 73,234
▼ 43% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,316,187 | € 14,874,191 | € 13,293,595 | € 15,096,304 | ▲ 14% |
| Profit after taxes | € 6,395,758 | € 30,478,601 | € -1,126,378 | € -851,894 | ▲ € 274,484 |
| Equity | € 59,152,445 | € 49,381,046 | € 48,254,668 | € 47,402,774 | ▼ 2% |
| Total debts | € 23,110,717 | € 30,521,418 | € 40,097,493 | € 64,840,642 | ▲ 62% |
| Cash | € 1,700,868 | € 1,954,139 | € 2,242,958 | € 2,982,985 | ▲ 33% |
| Land & buildings | € 665,526 | € 615,059 | € 3,534,377 | € 3,289,245 | ▼ 7% |
| Retained profit | € 39,890,445 | € 30,119,046 | € 28,992,668 | € 28,140,774 | ▼ 3% |
| Dividend | € 0 | € 40,250,000 | € 0 | € 0 | |
| Bank debt | € 18,000,000 | € 16,000,000 | € 600,000 | € 0 | ▼ 100% |
| Balance sheet total | € 82,263,162 | € 79,902,464 | € 88,448,161 | € 112,243,416 | ▲ 27% |
| Employees (FTE) | 6.2 | 15.4 | 15.1 | 14.6 | ▼ 0.5 |
Key figures of Netceed Holding Belgium, 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 Netceed Holding Belgium?
What happened at Netceed Holding Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robert Kasper Kresing stepped down as director. NBB
- Laurent Bourgeois stepped down as director. NBB
- Parisian Bidco stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 851,894. Source: NBB ↗
- Robert Kasper Kresing became a director. NBB
- Laurent Bourgeois became a director. NBB
- Parisian Bidco became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 6.4 million profit in 2022 to € 851,894 loss in 2025.
Paid € 12,325 in corporate taxes since 2022.
Best year ever: 2023, with € 30.5 million profit.
Paid out € 40.3 million in dividends to the owners in total.
Management
The stake of Amadys Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Netceed Holding BelgiumThe shares are held by Amadys Group (100%). It owns 100% of Amadys Telecom, 100% of Infratech, 100% of Evodis, 100% of Tecnolimit België, 100% of Teco and 51% of NexGen itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Laurent Bourgeois
Managing director
since 2024 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Sint-Pietersvliet 7
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.
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€ 252,561 revenue · 2026
EUROPEAN LINER AGENCIES NETWORK
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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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
netceed.com
Registered
2009-03-06
Registrar
GoDaddy.com, LLC
Expires
2027-03-06
Website info
Features
Security
Network
Details
- Company number
- 0667.617.049
- VAT number
- BE 0667.617.049
- Registered office
- Sint-Pietersvliet 7, 2000 Antwerpen
- Names & denominations
- Netceed Holding Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2016
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- netceed.com
- Activities · NACE
Activiteiten van holdings
Holdings