Financials
Financial year 2024
Network Express Group from Gent, company number BE0686567978, closed financial year 2024 with a result of € 32,526 after tax. For that financial year Network Express Group recorded revenue of € 59,277 and equity of € 45,224. Compared with financial year 2023, the result moved from € -13,038 to € 32,526. 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 December 27, 2025.
€ 45,224
▲ € 71,141 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,526
▲ still € 13,038 loss in 2023
Profit after tax over the fiscal year.
€ 335
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 26,624.
People and assets in 2024
€ 21,720
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 68,262
▼ 12% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 192,702 | € 50,764 | € 9,333 | € 59,277 | ▲ € 49,944 |
| Gross margin | € -282 | € 8,593 | € 6,201 | € 54,738 | ▲ € 48,537 |
| Profit after taxes | € -5,833 | € 3,891 | € -13,038 | € 32,526 | ▲ € 45,564 |
| Equity | € -16,770 | € -12,879 | € -25,917 | € 45,224 | ▲ € 71,141 |
| Total debts | € 56,117 | € 37,575 | € 78,075 | € 68,262 | ▼ 13% |
| Cash | € 1,357 | € 1,499 | € 1,499 | € 335 | ▼ 78% |
| Retained profit | € -35,370 | € -31,479 | € -44,517 | € 26,624 | ▲ € 71,141 |
| Balance sheet total | € 39,347 | € 24,696 | € 52,158 | € 113,486 | ▲ 118% |
Key figures of Network Express Group, 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 Express Group?
What happened at Network Express Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 32,526. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,833 loss in 2021 to € 32,526 profit in 2024.
Paid € 13,989 in corporate taxes since 2021.
Best year ever: 2024, with € 32,526 profit.
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 913
9041 Gent
Antwerpsesteenweg 909
9041 Gent
Active since 18 December 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.567.978
- VAT number
- BE 0686.567.978
- Registered office
- Antwerpsesteenweg 913, 9041 Gent
- Names & denominations
- Network Express Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
Overige werkzaamheden in verband met de afwerking van gebouwen
Groothandel in aanhangwagens, opleggers en caravans
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemene reiniging van gebouwen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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