Financials
Financial year 2025
CONNECT GROUP from Merksplas, company number BE0744440356, closed financial year 2025 with a result of € 828 after tax. For that financial year CONNECT GROUP recorded a gross margin of € 796,906 and equity of € 51,450. Compared with financial year 2024, the result moved from € 5,449 to € 828. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 51,450
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 828
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 105,527
▲ 110% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 48,450.
People and assets in 2025
€ 688,370
▲ 115% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,968
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 197,043
▼ 3% vs 2024
€ 21,424 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 94,847
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 83,360
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,585 | € 215,359 | € 397,303 | € 796,906 | ▲ 101% |
| Profit after taxes | € 24,640 | € 2,994 | € 5,449 | € 828 | ▼ 85% |
| Equity | € 42,979 | € 45,173 | € 50,622 | € 51,450 | ▲ 2% |
| Total debts | € 153,212 | € 273,796 | € 462,290 | € 448,399 | ▼ 3% |
| Cash | € 182 | € 74,142 | € 50,365 | € 105,527 | ▲ 110% |
| Retained profit | € 39,979 | € 42,173 | € 47,622 | € 48,450 | ▲ 2% |
| Dividend | € 800 | € 800 | € 0 | € 0 | |
| Bank debt | € 21,484 | € 133,630 | € 202,913 | € 197,043 | ▼ 3% |
| Balance sheet total | € 196,191 | € 318,969 | € 512,912 | € 499,849 | ▼ 3% |
Key figures of CONNECT GROUP, 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 CONNECT GROUP?
What happened at CONNECT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 828 (▼ 85% vs 2024). Source: NBB ↗
- New establishment in Merksplas. KBO
- New establishment in Merksplas. KBO
- Mike Adriaensen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,640 profit in 2022 to € 828 profit in 2025.
Paid € 27,250 in corporate taxes since 2022.
Best year ever: 2022, with € 24,640 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind CONNECT GROUP is Mike Adriaensen.
Directors
According to the 2025 annual accounts
Mike Adriaensen
Associate
since 2020
Establishments
Establishment units
Physical locations of this company
Veldenbergstraat 73B8
2330 Merksplas
Veldenbergstraat 73B9
2330 Merksplas
Active since 8 April 2025
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0744.440.356
- VAT number
- BE 0744.440.356
- Registered office
- Veldenbergstraat 73B8, 2330 Merksplas
- Names & denominations
- CONNECT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2020
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
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