Active · per the CBE, 17 September 2026

NET SYSTEM

BE0832150231

Rechtspersoon Private limited company 2 establishments

NET SYSTEM is an IT company in Waimes. Private Limited, started on 23 December 2010, 2 establishments.

Rue de l'Abbé Toussaint,Ovifat 39, 4950 Waimes

Behind the company: CEDRIC GAVAGE.

Active for

15 year, 8 months

Financials

Financial year 2025

NET SYSTEM from Waimes, company number BE0832150231, closed financial year 2025 with a result of € 10,792 after tax. For that financial year NET SYSTEM recorded a gross margin of € 34,800 and equity of € 383,771. Compared with financial year 2024, the result moved from € 70,092 to € 10,792. 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 July 31, 2026.

What it is worth Healthy

€ 383,771

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 10,792

▼ 85% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 131,302

▲ 107% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 31,305 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 39,208

▲ € 38,010 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 118,372

▲ 5% vs 2024

€ 24,275 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 46,610

▲ 209% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 42,176

▼ 37% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 84,413 € 86,088 € 120,852 € 34,800 ▼ 71%
Profit after taxes € 1,677 € 16,628 € 70,092 € 10,792 ▼ 85%
Equity € 317,564 € 334,192 € 404,283 € 383,771 ▼ 5%
Total debts € 467,567 € 345,396 € 267,802 € 239,797 ▼ 10%
Cash € 122,118 € 36,998 € 63,504 € 131,302 ▲ 107%
Land & buildings € 210,722 € 200,213 € 189,704 € 179,159 ▼ 6%
Retained profit € 305,164 € 321,792 € 390,023 € 369,511 ▼ 5%
Dividend € 0 € 0 € 0 € 31,305
Bank debt € 144,596 € 128,766 € 112,724 € 118,372 ▲ 5%
Balance sheet total € 785,131 € 679,587 € 672,086 € 623,567 ▼ 7%

Key figures of NET SYSTEM, 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 NET SYSTEM?

What happened at NET SYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 10,792 (▼ 85% vs 2024). Source: NBB ↗
  • New establishment in Waimes. KBO
  • CEDRIC GAVAGE became a director. NBB
  • New establishment in Waimes. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,677 profit in 2022 to € 10,792 profit in 2025.

Paid € 50,147 in corporate taxes since 2022.

Best year ever: 2024, with € 70,092 profit.

Paid out € 31,305 in dividends to the owners in total.

Management

CEDRIC GAVAGE

Behind NET SYSTEM is CEDRIC GAVAGE. CEDRIC GAVAGE is also behind C.I.G. Group, Keep - Enjoy and FAST WEB.

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Directors

According to the 2025 annual accounts

CEDRIC GAVAGE

Administrator-manager

Also active at: C.I.G. Group, Keep - Enjoy, FAST WEB

since 2012

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Abbé Toussaint,Ovifat 39

4950 Waimes

2.194.738.331

Rue de l'Auneux,Thirimont 17/1

4950 Waimes

Active since 12 January 2011

2.265.433.713

Rue de Botrange,Sourbrodt 61

4950 Waimes

Active since 4 August 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0832.150.231
VAT number
BE 0832.150.231
Registered office
Rue de l'Abbé Toussaint,Ovifat 39, 4950 Waimes
Names & denominations
NET SYSTEM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
23 December 2010
Peppol
Active · Active since 5 Feb 2025
Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Reparatie en onderhoud van computers en communicatieapparatuur

Activiteiten van webportalen

Ontwerpen van computerprogramma’s

Algemene elektrotechnische installatiewerken

Reparatie van computers en randapparatuur

+3

Frequently asked questions

What does NET SYSTEM do?
NET SYSTEM is an IT company in Waimes. Private Limited, started on 23 December 2010, 2 establishments.
What is the address of NET SYSTEM?
The registered office of NET SYSTEM is located at Rue de l'Abbé Toussaint,Ovifat 39, 4950 Waimes.
Is NET SYSTEM still active?
Yes. According to the CBE (17 September 2026) NET SYSTEM is active, legal situation “Normale toestand”, started on 23 December 2010.
Is NET SYSTEM registered on Peppol?
Yes, NET SYSTEM is registered on the Peppol network with ID 0208:0832150231.
What is the enterprise number of NET SYSTEM?
The enterprise number of NET SYSTEM is BE0832150231.
When was NET SYSTEM founded?
NET SYSTEM was founded on 23 December 2010.