Financials
Financial year 2025
NETWORK INSTALLATION TEAM from Lokeren, company number BE0818136897, closed financial year 2025 with a result of € 58,060 after tax. For that financial year NETWORK INSTALLATION TEAM recorded a gross margin of € 978,087 and equity of € 694,689. Compared with financial year 2024, the result moved from € 87,815 to € 58,060. The company is profitable. 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 January 30, 2026.
€ 694,689
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,060
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 102,353
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.9
Average over the fiscal year, from the social balance sheet.
€ 768,320
▲ 3% vs 2024
€ 70,500 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.
€ 187,920
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 733,084
▲ 94% vs 2024
€ 97,711 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 358,925
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,039
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 851,733 | € 1,066,154 | € 959,487 | € 978,087 | ▲ 2% |
| Profit after taxes | € 204,745 | € 238,079 | € 87,815 | € 58,060 | ▼ 34% |
| Equity | € 535,736 | € 648,814 | € 736,629 | € 694,689 | ▼ 6% |
| Total debts | € 650,688 | € 752,738 | € 680,239 | € 1,139,028 | ▲ 67% |
| Cash | € 313,943 | € 461,562 | € 65,408 | € 102,353 | ▲ 56% |
| Land & buildings | € 19,644 | € 345,669 | € 349,878 | € 725,967 | ▲ 107% |
| Retained profit | € 484,736 | € 597,814 | € 685,629 | € 643,689 | ▼ 6% |
| Dividend | € 125,000 | € 125,000 | € 0 | € 100,000 | |
| Bank debt | € 134,216 | € 405,096 | € 377,143 | € 733,084 | ▲ 94% |
| Balance sheet total | € 1,186,424 | € 1,401,552 | € 1,416,868 | € 1,833,717 | ▲ 29% |
| Employees (FTE) | 8.9 | 9.6 | 10.9 | 10.9 |
By gross margin, NETWORK INSTALLATION TEAM ranks 12th of 90 companies with main activity “Algemene elektrotechnische installatiewerken” in Lokeren that publish figures (fiscal year 2025).
Key figures of NETWORK INSTALLATION TEAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about NETWORK INSTALLATION TEAM the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to NETWORK INSTALLATION TEAM?
What happened at NETWORK INSTALLATION TEAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,060 (▼ 34% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
In short
From € 204,745 profit in 2022 to € 58,060 profit in 2025.
Paid € 233,642 in corporate taxes since 2022.
Best year ever: 2023, with € 238,079 profit.
On average € 89,700 of value added per employee in 2025.
Management
Behind NETWORK INSTALLATION TEAM are Bart Van Damme, Bart Van De Vyver, Ivan De Vries, Johan Naudts and Yuri Van Walle.
Directors
According to the 2025 annual accounts
Bart Van Damme
Director
Bart Van De Vyver
Director
Ivan De Vries
Director
Johan Naudts
Director
Yuri Van Walle
Director
Establishments
Establishment units
Physical locations of this company
Eksaardebaan 23 box A
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- NETWORK CONSULTANTS(oprichter) 90.2%
- VAN WOUWE, Johan Theodoor Honoré Cesarine(oprichter) 9.8%
Details
- Company number
- 0818.136.897
- VAT number
- BE 0818.136.897
- Registered office
- Eksaardebaan 23 bus A, 9160 Lokeren
- Names & denominations
- NETWORK INSTALLATION TEAM · NIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2009
- Peppol
- Active · Active since 28 Aug 2023
- Contact
- nit-co.be
- Activities · NACE
Algemene elektrotechnische installatiewerken