Financials
Financial year 2025
The Network Company from Izegem, company number BE0744759961, closed financial year 2025 with a result of € 17,600 after tax. For that financial year The Network Company recorded a gross margin of € 23,779 and equity of € 58,305. Compared with financial year 2024, the result moved from € -12,471 to € 17,600. 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 August 31, 2026.
€ 58,305
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,600
▲ still € 12,471 loss in 2024
Profit after tax over the fiscal year.
€ 20,266
▲ 40% 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 € 53,305.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 4,720
Loans from banks and other lenders, long and short.
€ 7,848
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,811
▲ 149% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,262 | € 18,524 | € -6,244 | € 23,779 | ▲ € 30,023 |
| Profit after taxes | € 6,433 | € 8,563 | € -12,471 | € 17,600 | ▲ € 30,071 |
| Equity | € 44,613 | € 53,176 | € 40,705 | € 58,305 | ▲ 43% |
| Total debts | € 8,447 | € 7,756 | € 15,934 | € 27,643 | ▲ 73% |
| Cash | € 7,542 | € 1,589 | € 14,436 | € 20,266 | ▲ 40% |
| Retained profit | € 39,613 | € 48,176 | € 35,705 | € 53,305 | ▲ 49% |
| Bank debt | € 0 | € 0 | € 0 | € 4,720 | |
| Balance sheet total | € 53,060 | € 60,932 | € 56,639 | € 85,948 | ▲ 52% |
Key figures of The Network Company, 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 The Network Company?
What happened at The Network Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,600. filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,433 profit in 2022 to € 17,600 profit in 2025.
Paid € 12,766 in corporate taxes since 2022.
Best year ever: 2025, with € 17,600 profit.
Management
Behind The Network Company is Maarten Veys.
Directors
According to the 2025 annual accounts
Maarten Veys
Director
Establishments
Establishment units
Physical locations of this company
Slabbaardstraat-Noord 78
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.759.961
- VAT number
- BE 0744.759.961
- Registered office
- Slabbaardstraat-Noord 78, 8870 Izegem
- Names & denominations
- The Network Company · TNC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2020
- Peppol
- Active · Active since 25 Mar 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's
Detailhandel in ICT-apparatuur
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels