CONNECTSYSTEMS

Absorbed by CONNECT GROUP KBO/BCE: BE 0432.392.544

CONNECTSYSTEMS

Follow Report

Overview

Lifetime

16 annual accounts with figures on one time axis, 34 filings since 1988

peak €65.8m (2021)

€65.8m▲ 16.4%

lowest -€811,827 (2009)

€2.5m▲ 283%

peak €25.3m (2020)

€15.7m▼ 38.1%

€21.6m▲ 36.9%

peak 181.3 FTE (2008)

126.6 FTE▼ 0.9%

Board9 names since 2015

1 director

Owners4 names in the annual accounts

100%

Documentsfilings and deeds

11-07-202220 days before the deadline

2021financial year

Turnover from €56.5m to €65.8mResult from €641,447 to €2.5mReappointment: (director) 22-09Dividend €12.1mEquity from €25.3m to €15.7mDebts from €15.8m to €21.6m

Key points

from the 2021 annual accounts, the last ones filed

Equity

€15.7m ▼ 38.1%

CONNECTSYSTEMS paid out €12.1m in dividends. That is 493% of the 2021 profit.

Staff

126.6 FTE from 181.3 in 2008

Between 2008 and 2021, 30% of the full-time equivalents disappeared.

Payment terms

59 days from customers

Customers

159 to 59

Customers pay 100 days earlier.

Board and ownership

Director,

Shares in 1 company, Connect Group GMBH

Board & ownership

Recent changes

20-10-2022

Merger: absorbed by CONNECT GROUP General meeting of 28-09-2022 · Gazette deed

24-08-2022

Merger proposal: to be absorbed by Connect Group NV Permanent representative: · Connect Group NV holds all the shares · Gazette deed

25-02-2022

Permanent representative: Gazette deed

22-09-2021

Reappointment: (director) Permanent representative: · General meeting of 25-06-2020 · Gazette deed

All 49 events

Official details

Source: KBO

Status: Absorbed by CONNECT GROUPmerger by absorption, October 2022
Activity: “Studie en productie van verbindingssystemen voor de industrie en markten zoals bedradingssystemen, kabelbomen. Daarbij…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Joint committees: 111Metal, mechanical and electrical engineering
: 209White-collar workers in metal manufacturing · annual accounts 2021
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2021

: €65.8m▲ 16.4%
: €2.5m▲ 283%
: €15.7m▼ 38.1%
: €37.9m▼ 9.1%
Employeeson 31-12-2021: 138
Filing: Filed on 11-07-2022

Financials

Insights on CONNECTSYSTEMS

Absorbed by CONNECT GROUP in October 2022. The last annual accounts are for financial year 2021.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

full format, filed on 11-07-2022, 20 days before the deadline

€65.8m

▲ 16.4%

€3.2m

▲ 469%

€3.6m

▲ 319%

€2.8m

▲ 203%

41.3%

▼ 19.3 percentage points

1.71

▼ 0.88

Money flows

of every €100 of turnover, €3.73 remains as profit in 2021

Balance sheet

balance sheet total €37.9m on 31-12-2021

What the company ownsHow it is paid for

in €m

Staff

Men and women56% women

55.6 men and 71 women in full-time equivalents in 2021.

€54,844

Men €73,193, women €40,475 per full-time equivalent. Jobs differ, so this is not a pay gap.

+1 person

people who joined people who left

In 2021, 30 people joined and 29 left. Training hours in 2021: 462. Agency workers: 9.4 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	37.9m	41.8m	45.1m	70.7m	64.0m	58.2m	59.4m	59.2m	59.4m	56.4m	59.7m	59.5m	52.9m	54.8m	55.7m	55.2m
`21/28`	2.1m	1.9m	1.7m	36.7m	36.8m	37.0m	37.4m	37.7m	37.6m	37.6m	37.8m	38.0m	38.2m	38.5m	36.3m	36.3m
`21`	12,362	3,422	10,119	17,197	6,493	4,918	15,305	25,179	2,240	0	415	2,908	5,401	4,274	9,972	15,670
`22/27`	2.1m	1.8m	1.7m	1.8m	1.9m	2.1m	2.4m	2.8m	2.7m	2.7m	2.8m	3.0m	3.1m	3.4m	1.3m	1.2m
`22`	1.5m	1.3m	1.4m	1.5m	1.7m	1.8m	2.0m	2.1m	2.1m	2.2m	2.3m	2.5m	2.6m	2.7m	492,736	419,217
`23`	427,242	229,673	170,811	140,998	171,763	243,778	355,795	517,102	441,848	356,040	384,163	375,615	280,313	483,647	601,612	558,893
`24`	158,289	153,156	163,750	102,810	70,521	71,574	103,116	111,399	110,184	113,675	135,685	184,375	225,472	212,552	226,997	268,936
`27`	-	179,786	3,566	10,800	3,160	-	-	-	-	4,680	-	-	-	-	-	-
`28`	-	7,225	7,225	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	35.0m	35.0m	35.0m	35.1m	35.1m	34.9m	35.0m
`280/1`	-	7,225	7,225	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m
`280`	-	7,225	7,225	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m	34.9m
`284/8`	-	-	-	-	-	4,000	-	11,007	11,357	61,034	68,456	106,189	167,745	167,395	28,923	107,449
`285/8`	-	-	-	-	-	4,000	-	11,007	11,357	61,034	68,456	106,189	167,745	167,395	28,923	107,449
`29/58`	35.8m	39.9m	43.4m	34.0m	27.2m	21.2m	22.0m	21.5m	21.8m	18.8m	21.9m	21.5m	14.7m	16.4m	19.4m	19.0m
`3`	19.0m	13.1m	15.0m	15.5m	11.7m	9.1m	8.0m	8.7m	9.4m	6.9m	7.5m	7.0m	4.9m	4.5m	5.3m	4.4m
`30/36`	19.0m	13.1m	15.0m	15.5m	11.7m	9.1m	8.0m	8.7m	9.4m	6.9m	7.5m	7.0m	4.9m	4.5m	5.3m	4.4m
`30/31`	19.0m	13.1m	15.0m	15.5m	11.7m	9.1m	8.0m	8.7m	9.4m	6.9m	7.5m	7.0m	4.9m	4.5m	5.3m	4.4m
`40/41`	16.8m	24.6m	28.4m	18.5m	15.5m	11.5m	13.5m	12.3m	11.6m	11.6m	14.4m	14.4m	9.8m	11.8m	13.9m	14.5m
`40`	10.6m	8.7m	12.6m	13.3m	10.2m	6.4m	8.4m	7.2m	6.4m	6.4m	9.4m	9.2m	4.6m	6.1m	8.0m	7.7m
`41`	6.2m	15.9m	15.8m	5.2m	5.2m	5.2m	5.2m	5.1m	5.2m	5.1m	5.1m	5.2m	5.2m	5.7m	5.9m	6.8m
`54/58`	847	2.0m	5,377	4,635	5,048	525,336	515,057	221,414	694,544	20,069	2,046	24,057	1,337	6,099	1,019	5,846
`490/1`	63,534	82,107	16,564	32,812	26,260	23,726	13,788	188,937	77,112	242,221	-	8,125	-	-	212,516	14,548
Balance sheet: equity and liabilities
`10/49`	37.9m	41.8m	45.1m	70.7m	64.0m	58.2m	59.4m	59.2m	59.4m	56.4m	59.7m	59.5m	52.9m	54.8m	55.7m	55.2m
`10/15`	15.7m	25.3m	24.7m	19.1m	17.8m	17.0m	17.0m	17.0m	16.6m	16.4m	16.1m	15.5m	15.5m	16.4m	16.4m	15.5m
`10/11`	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m
`10`	11.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m	11.2m
`13`	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	881,147	665,817	402,821	375,246	375,246	375,246	375,246	332,785
`130/1`	1.1m	1.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	881,147	665,817	402,821	375,246	375,246	375,246	375,246	332,785
`14`	3.3m	13.0m	12.3m	6.8m	5.5m	4.7m	4.7m	4.7m	4.5m	4.5m	4.5m	3.9m	3.9m	4.8m	4.8m	3.9m
`16`	676,378	660,128	778,426	696,655	672,075	520,672	31,495	45,334	-	-	-	-	-	-	-	-
`160/5`	676,378	660,128	778,426	696,655	672,075	520,672	31,495	45,334	-	-	-	-	-	-	-	-
`160`	176,378	160,128	162,444	166,655	172,075	20,672	31,495	45,334	-	-	-	-	-	-	-	-
`164/5`	500,000	500,000	615,982	530,000	500,000	500,000	-	-	-	-	-	-	-	-	-	-
`17/49`	21.6m	15.8m	19.7m	50.9m	45.5m	40.7m	42.3m	42.1m	42.8m	40.0m	43.6m	44.0m	37.3m	38.5m	39.3m	39.7m
`17`	225,000	-	-	29.0m	29.0m	29.0m	29.1m	29.0m	29.4m	29.5m	29.7m	29.9m	30.1m	30.3m	29.0m	29.1m
`170/4`	225,000	-	-	29.0m	29.0m	29.0m	29.1m	29.0m	29.4m	29.5m	29.7m	29.9m	30.1m	30.3m	29.0m	29.1m
`170`	-	-	-	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m	29.0m
`173`	225,000	-	-	-	-	-	130,000	-	390,000	520,000	650,000	880,000	1.1m	1.3m	-	61,973
`42/48`	21.0m	15.4m	19.3m	21.8m	16.4m	11.6m	13.2m	12.9m	13.3m	10.5m	13.9m	14.0m	7.2m	7.9m	10.3m	10.6m
`42`	439,573	-	-	-	-	130,000	130,000	390,000	130,000	130,000	230,000	230,000	230,000	230,000	61,973	61,973
`43`	3.3m	360	5.1m	6.8m	5.6m	3.2m	5.6m	4.5m	3.8m	3.0m	4.9m	4.0m	683,290	1.5m	646,217	2.7m
`430/8`	3.3m	360	5.1m	6.8m	5.6m	3.2m	5.6m	4.5m	3.8m	3.0m	4.9m	4.0m	683,290	1.5m	646,217	2.7m
`44`	15.5m	14.0m	10.3m	12.2m	8.0m	5.5m	5.1m	4.7m	6.2m	4.1m	5.7m	6.8m	5.4m	3.5m	6.5m	5.0m
`440/4`	15.5m	14.0m	10.3m	12.2m	8.0m	5.5m	5.1m	4.7m	6.2m	4.1m	5.7m	6.8m	5.4m	3.5m	6.5m	5.0m
`45`	1.5m	1.4m	1.2m	1.2m	1.2m	1.2m	1.1m	1.3m	1.1m	1.3m	997,117	1.4m	881,966	1.1m	1.0m	838,384
`450/3`	252,555	189,322	198,940	160,365	156,173	159,803	183,405	312,596	177,537	169,441	184,787	246,159	182,384	234,800	161,049	117,037
`454/9`	1.3m	1.3m	1.0m	1.0m	1.1m	1.0m	891,291	942,769	919,192	1.1m	812,330	1.2m	699,582	902,454	839,531	721,347
`47/48`	202,663	20,146	2.6m	1.6m	1.6m	1.7m	1.4m	2.1m	2.1m	2.1m	2.1m	1.6m	12,000	1.6m	2.0m	2.0m
`492/3`	412,275	353,998	404,601	51,008	26,744	46,660	33,516	207,609	136,930	34,722	61,338	61,338	-	220,000	50,218	30,000
Income statement
`70/76A`	66.1m	56.8m	61.9m	52.4m	45.8m	35.5m	37.3m	37.4m	33.0m	32.8m	34.9m	32.8m	22.1m	31.9m	34.5m	32.0m
`70`	65.8m	56.5m	61.5m	51.9m	45.5m	35.2m	36.9m	37.0m	32.7m	32.6m	34.6m	32.5m	21.8m	31.4m	34.2m	31.5m
`74`	290,829	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`76A`	15,500	5,122	14,500	10,696	12,948	19,887	14,458	33,099	14,937	7,853	4,446	8,206	10,684	10,395	7,602	16,681
`60/66A`	62.9m	56.2m	58.9m	49.4m	43.4m	33.8m	36.0m	34.9m	30.8m	30.5m	32.2m	31.2m	23.0m	30.4m	31.7m	29.3m
`60`	50.0m	43.7m	48.5m	40.6m	34.0m	25.4m	26.6m	25.5m	22.1m	22.2m	22.7m	22.1m	13.6m	17.9m	19.5m	17.8m
`600/8`	56.1m	41.3m	48.6m	44.3m	36.6m	26.7m	26.0m	24.8m	24.6m	21.6m	23.2m	24.1m	14.2m	17.1m	20.5m	18.1m
`609`	-6.1m	2.5m	-68,572	-3.7m	-2.6m	-1.2m	599,496	676,857	-2.5m	618,271	-422,643	-2.0m	-576,522	806,617	-917,495	-301,030
`61`	5.2m	6.1m	2.8m	2.3m	2.9m	1.5m	2.0m	2.0m	1.7m	1.6m	2.5m	2.5m	2.5m	5.0m	5.5m	5.1m
`62`	6.9m	6.8m	6.5m	6.0m	5.9m	5.9m	6.6m	6.8m	6.6m	6.4m	6.6m	6.4m	6.0m	6.9m	6.2m	5.8m
`630`	355,505	287,279	287,073	312,620	343,442	369,400	396,055	391,496	330,670	346,941	363,295	363,318	432,854	444,277	337,068	341,335
`631/4`	263,506	-686,082	561,857	-97,981	-	100,000	170,000	-14,686	-4,903	-35,892	-9,904	-264,095	368,810	-24,095	12,026	-54,334
`635/8`	16,250	-118,298	81,771	24,580	151,403	489,177	-13,839	45,334	-	-	-	-	-	-	-	-
`640/8`	123,763	93,628	139,179	224,432	84,175	56,883	216,713	127,381	65,202	60,403	92,582	101,551	74,232	111,040	135,942	293,290
`66A`	-	-	1.1m	68	-	804	-	-	-	5,093	-	-	2,148	-	467	-
`9901`	3.2m	563,463	2.9m	3.0m	2.4m	1.7m	1.4m	2.5m	2.2m	2.3m	2.6m	1.6m	-912,235	1.5m	2.8m	2.8m
`75/76B`	315,089	315,140	5.4m	160,256	156,675	141,517	141,426	135,825	144,653	182,310	219,013	270,619	331,759	365,067	367,530	319,174
`75`	315,089	315,140	693,139	160,256	156,675	141,517	141,426	135,825	144,653	182,310	219,013	270,619	331,759	365,067	367,530	319,174
`751`	304,064	289,367	679,175	125,000	125,000	125,000	125,026	125,070	126,645	125,046	185,000	225,000	254,376	240,156	326,956	260,205
`752/9`	11,025	25,773	13,964	35,256	31,675	16,517	16,400	10,755	18,008	57,264	34,013	45,619	77,383	124,911	40,574	58,969
`76B`	-	-	4.7m	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	193,848	143,832	2.8m	1.8m	1.7m	1.8m	1.5m	2.2m	2.1m	2.2m	2.3m	1.8m	239,887	1.9m	2.3m	2.2m
`65`	193,848	143,832	1.8m	1.8m	1.7m	1.8m	1.5m	2.2m	2.1m	2.2m	2.3m	1.8m	239,887	1.9m	2.3m	2.2m
`650`	121,106	105,490	1.7m	1.7m	1.7m	1.8m	1.5m	2.2m	2.1m	2.1m	2.2m	1.7m	101,220	1.7m	2.2m	2.1m
`652/9`	72,742	38,342	55,282	64,082	39,286	36,804	58,954	57,586	34,745	79,494	100,145	103,951	138,667	200,812	104,886	14,454
`66B`	-	-	1.1m	-	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	3.3m	734,771	5.5m	1.3m	820,324	0	0	452,962	217,647	262,996	551,496	0	-811,827	0	849,215	935,702
`67/77`	874,694	93,324	504	45,318	1,853	2,145	2,201	2,315	2,317	-	-	-	-	-	-	-
`670/3`	875,000	94,715	504	45,318	1,853	2,145	2,201	2,315	2,317	-	-	-	-	-	-	-
`77`	306	1,391	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9904`	2.5m	641,447	5.5m	1.3m	818,471	-2,145	-2,201	450,647	215,330	262,996	551,496	-	-811,827	-	849,215	935,702
`9905`	2.5m	641,447	5.5m	1.3m	818,471	-2,145	-2,201	450,647	215,330	262,996	551,496	-	-811,827	-	849,215	935,702
Appropriation of the result
`9906`	15.4m	13.0m	12.3m	6.8m	5.5m	4.7m	4.7m	4.9m	4.7m	4.7m	4.5m	3.9m	3.9m	4.8m	4.8m	4.0m
`14P`	13.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	241,898	215,330	262,996	27,575	-	-	-	42,461	46,785
`6920`	-	-	-	-	-	-	-	241,898	215,330	262,996	27,575	-	-	-	42,461	46,785
`694/7`	12.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	12.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	126.6	127.8	126.9	125.7	124.3	129.4	140.8	147.7	146.8	148.7	157.4	162.6	173.7	181.3	169	166.4
Men (FTE)`1003`	55.6	52.7	51.5	47.7	47	50.4	55.1	56	53.4	49.5	-	-	-	-	-	-
Women (FTE)`1003`	71	75.1	75.4	78	77.3	79	85.7	91.7	93.4	99.2	-	-	-	-	-	-
Agency workers`1501`	9.4	5.6	11	9	18	5.9	11.3	13.3	3.6	4	5	3	1	30	43	39
Hours worked`1013`	197,360	197,348	196,714	194,275	194,602	197,250	219,321	233,591	232,066	222,858	243,959	250,430	228,554	283,022	262,607	253,546
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 83 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 11-07-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2021	full format	11-07-2022	2022-20174126	PDF
31-12-2020	full format	25-07-2021	2021-40000331	PDF
31-12-2019	full format	06-07-2020	2020-27700027	PDF
31-12-2018	full format	12-07-2019	2019-32800018	PDF
31-12-2017	full format	20-07-2018	2018-36500262	PDF
31-12-2016	full format	06-07-2017	2017-29500153	PDF
31-12-2015	full format	11-07-2016	2016-32100533	PDF
31-12-2014	full format	08-07-2015	2015-30400561	PDF
31-12-2013	full format	02-07-2014	2014-26800361	PDF
31-12-2012	full format	03-07-2013	2013-28200517	PDF
31-12-2011	full format	03-07-2012	2012-24100157	PDF
31-12-2010	full format	05-07-2011	2011-26300437	PDF
31-12-2009	full format	22-07-2010	2010-34600159	PDF
31-12-2008	full format	09-08-2009	2009-57100291	PDF
31-12-2007	full format	09-07-2008	2008-39600155	PDF
31-12-2006	full format	31-07-2007	2007-52200024	PDF
31-12-2005	full format	26-07-2006	2006-53800470	PDF
31-12-2004	full format	20-07-2005	2005-52800334	PDF
31-12-2003	full format	29-07-2004	2004-54201184	PDF
31-12-2002	full format	22-07-2003	2003-47802456	PDF
31-12-2001	full format	26-07-2002	2002-42303062	PDF
31-12-2000	full format	27-07-2001	2001-43702458	PDF
31-12-1999	full format	04-08-2000	2000-49602374	PDF
31-12-1998	full format	12-08-1999	1999-41004416	PDF
31-12-1997	full format	14-07-1998	1998-32704032	PDF
31-12-1996	full format	31-07-1997	1997-35401199	PDF
31-12-1995	full format	01-07-1996	1996-29002378	PDF
31-12-1994	full format	31-05-1995	1995-10704305	PDF
31-12-1993	full format	17-08-1994	1994-36302234	PDF
31-12-1992	abbreviated format	25-06-1993	1993-17802883	PDF
31-12-1991	abbreviated format	03-06-1992	1992-08102513	PDF
31-12-1990	abbreviated format	03-06-1991	1991-06800766	PDF
31-12-1989	abbreviated format	18-06-1990	1990-09302759	PDF
31-12-1988	abbreviated format	29-06-1989	1989-12503581	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
3.6m	850,742	3.2m	3.3m	2.7m	2.1m	1.8m	2.9m	2.5m	2.6m	3.0m	1.9m	-479,381	2.0m	3.1m	3.1m
2.8m	928,726	5.8m	1.6m	1.2m	367,255	393,854	842,143	546,000	609,937	914,791	-	-378,973	-	1.2m	1.3m
612,447	405,643	212,815	210,797	123,514	49,186	67,441	492,265	329,853	223,036	167,371	270,879	180,139	2.6m	459,377	12.3m
-2.0m	2.0m	742	-413	-520,288	10,279	293,643	-473,130	674,475	18,023	-22,011	22,720	-4,762	5,080	-4,827	-
14.9m	24.5m	24.1m	12.2m	10.7m	9.6m	8.9m	8.6m	8.5m	8.3m	8.0m	7.5m	7.5m	8.4m	9.1m	8.3m
4.9%	1.0%	4.8%	5.7%	5.3%	4.8%	3.7%	6.7%	6.7%	7.0%	7.6%	4.8%	-4.2%	4.9%	8.1%	8.7%
41.3%	60.6%	54.7%	27.1%	27.9%	29.2%	28.7%	28.8%	27.9%	29.0%	27.0%	26.1%	29.4%	29.8%	29.4%	28.1%
1.71	2.59	2.25	1.56	1.65	1.82	1.67	1.67	1.64	1.79	1.58	1.53	2.04	2.06	1.89	1.78
0.80	1.73	1.48	0.85	0.94	1.04	1.07	0.99	0.93	1.13	1.04	1.03	1.35	1.49	1.37	1.37
1.38	0.62	0.80	2.66	2.55	2.39	2.49	2.47	2.58	2.45	2.71	2.83	2.40	2.35	2.40	2.56
15.7%	2.5%	22.5%	6.7%	4.6%	0.0%	0.0%	2.6%	1.3%	1.6%	3.4%	-	-5.2%	-	5.2%	6.0%
6.5%	1.5%	12.3%	1.8%	1.3%	0.0%	0.0%	0.8%	0.4%	0.5%	0.9%	-	-1.5%	-	1.5%	1.7%
29.43	8.06	1.89	1.91	1.62	1.15	1.20	1.34	1.20	1.24	1.36	1.11	-4.74	1.16	1.42	1.45
59 days	56 days	75 days	93 days	82 days	66 days	83 days	71 days	72 days	72 days	99 days	104 days	77 days	71 days	85 days	89 days
102 days	102 days	73 days	104 days	79 days	74 days	65 days	62 days	96 days	62 days	82 days	101 days	123 days	56 days	95 days	80 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2021
Employees at the balance-sheet date	138
full-time	102
part-time	36
in full-time equivalents	128.6
	126.6
On a permanent contract	138
Joined	30
Left	29
Agency workers, average number	9.4
Training hours	462

Source: social balance sheet in the 2021 annual accounts

Securities and guarantees

on own assets and for others

Item	2021
Debts secured on the company's own assets	€4.0m
Mortgages, amount registered	€7.5m
Carrying value of the mortgaged assets	€1.5m
	€20.1m
	€11.1m

Source: notes to the 2021 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2021
Tangible fixed assets	€599,757
Intangible fixed assets	€12,690
	€355,505

Source: notes to the 2021 annual accounts (statement of fixed assets)

Auditor

fees

Item	2021
Fee for the audit	€31,000
Work by persons linked to the auditor	€16,185

Source: notes to the 2021 annual accounts (relations with the auditor)

Insights on CONNECTSYSTEMS

The operating result for 2021 is 5.7 times that of 2020 and the highest since 2006. It is a recovery after the fall in 2020.

Debt's share of the balance-sheet total rises from 37.8% to 56.9%. Equity is lower and debt is higher.

Board & ownership

Last board

1 director, last change in 2020

Director, permanent representative

appointed by deed of 24-05-2018

also on the board of 3 other companies

Permanent representatives 1

Permanent representative, for

appointed by deed of 24-05-2018

Office holders in the KBO →

Mandates through the years

9 names, the dashed line is today

Director

Managing director

Statutory auditor

Director

Managing director

Director

BoardEarliermandate already running before its first mentionend not dated

Mandates as a list

- Director, appointed by deed of 24-05-2018, still in office
- Director, until 25-06-2015
- Director, appointed by deed of 24-10-2016, last mentioned in 2019
- Managing director, appointed by deed of 24-10-2016, last mentioned in 2019
- Statutory auditor, appointed by deed of 12-07-2016, until 04-10-2019
- Director, appointed by deed of 23-08-2017, until 26-01-2018
- Director, appointed by deed of 23-08-2017, no longer listed in the 2021 annual accounts
- Director, appointed by deed of 25-06-2015, until 25-06-2015
- Director, until 31-07-2017
- Director, appointed by deed of 25-06-2015, until 31-07-2017
- Director, appointed by deed of 25-06-2015, until 09-08-2016
- Managing director, appointed by deed of 25-06-2015, until 09-08-2016
- Director, until 25-06-2015

See the board, name and registered office on a given date →

Control

Shareholder

Connect Group NV

This company

CONNECTSYSTEMS

Equity €15.7m

Profit €2.5m in 2021

Capital

Capital: €11,230,454
Shares: 3,563
Contribution per share: €3,152
Equity per share: €4,395 in 2021
Source: 2021 annual accounts

Owners through the years

as the annual accounts name them

consolidates 95%

100%

5% until 2020

consolidates until 2020

95%

95% until 2015

Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Capital transactions

Shareholders according to the deeds

Stated in the deed deed of 24-08-2022 ↗

all shares

Network & group

Holdings

own 2021 accounts

This companyCONNECTSYSTEMS1 holding, 1 country 2021 accounts

Europe 1 Equity Result

DE -€1.5m result €545,887

Source: list of holdings in its own 2021 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2021, in their own currency.

Earlier ties

via , at CONNECTSYSTEMS, last mentioned in 2019 · Director · deed of 15-01-2025

Open bankruptcy · founded in 2011

31 FTE (2024)

Holdings and subsidiaries

1 holding

Share, source and own figures per holding (1)

DEsubsidiary
Equity -€1.5mResult €545,887
Sourceown accounts 2021

100%

Holdings through the years 2006 to 2021

Holdings through the years
Name	2006	2009	2013	2019	2020
2019 to 2021: 100%				100%
2020: 100%					100%
2006 to 2008: 100% 2013 to 2019: 100%	100%		100%
2006 to 2018: 99%	99%
2009 to 2012: 100%		100%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction

Taken over by:CONNECT GROUP

BE 0448.332.911operation treated as a merger by absorption · Gazette deed of 20-10-2022 (4 deeds)

Connections & network

1 connected company

Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

via · Director · deed of 14-05-2021

Founded in 1999 · total assets €27.2m (2025)

Timeline

49 events since 1987

Board

Capital

Filings

Financial

19901995200020052010201520202025

2022

20-10-2022

Merger: absorbed by CONNECT GROUPGeneral meeting of 28-09-20222 points ▸

General meeting, 28-09-2022
Accounting effect, 01-01-2022
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

24-08-2022

Merger proposal: to be absorbed by Connect Group NVPermanent representative: · Connect Group NV holds all the shares3 points ▸

Connect Group NV holds all the shares
Accounting effect, 01-01-2022
Permanent representative,
The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

11-07-2022

Annual accounts 2021 filed PDFfull format · 20 days before the deadline

25-02-2022

Permanent representative: 1 point ▸

Permanent representative,
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2021

22-09-2021

Reappointment: (director)Permanent representative: · General meeting of 25-06-20203 points ▸

General meeting, 25-06-2020
Director reappointment,
Permanent representative,

Open the deed in the Belgian Official Gazette

25-07-2021

Annual accounts 2020 filed PDFfull format · 6 days before the deadline

2020

31-12-2020

Equity above €25m equity €25.3m ▲2.6% After 4 profitable years in a row, equity reaches €25.3m.

06-07-2020

Annual accounts 2019 filed PDFfull format · 25 days before the deadline

2019

31-12-2019

Highest result from 2006 to 2021 net €5.5m ▲330% The net result of €5.5m is the highest of those years.

04-10-2019

1 statutory auditor reappointed, 1 director reappointed (statutory auditor) and Connect Group NV (managing director) · Permanent representative: · General meeting of 25-06-20196 points ▸

General meeting, 25-06-2019
Auditor reappointment, (statutory auditor)
Director reappointment, Connect Group NV
Board meeting, 25-06-2019
Director reappointment, Connect Group NV (managing director)
Permanent representative,

Open the deed in the Belgian Official Gazette

12-07-2019

Annual accounts 2018 filed PDFfull format · 19 days before the deadline

2018

20-07-2018

Annual accounts 2017 filed PDFfull format · 11 days before the deadline

24-05-2018

1 director appointed, 1 resignationResignation: · Permanent representatives: and · Appointment: · General meeting of 26-01-20185 points ▸

General meeting, 26-01-2018
Director resignation,
Permanent representative,
Director appointment,
Permanent representative,

Open the deed in the Belgian Official Gazette

2017

31-12-2017

Back to profit net €818,471 The net result is €818,471, after 2 loss-making years.

23-08-2017

2 directors appointed, 2 resignationsResignations: and · Permanent representatives: and · Appointments: and · General meeting of 24-07-20177 points ▸

General meeting, 24-07-2017
Director resignation,
Permanent representative, , mentioned twice in the deed
Director resignation,
Director appointment,
Director appointment,
Permanent representative,

Open the deed in the Belgian Official Gazette

06-07-2017

Annual accounts 2016 filed PDFfull format · 25 days before the deadline

2016

24-10-2016

New managing directorConnect Group NV appointed, resigned · Permanent representative: · General meeting of 10-08-20166 points ▸

Director resignation, (managing director)
Permanent representative, , mentioned twice in the deed
General meeting, 10-08-2016
Director appointment, Connect Group NV
Board meeting, 10-08-2016
Director appointment, Connect Group NV (managing director)
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

12-07-2016

Reappointment: (statutory auditor)General meeting of 27-06-20162 points ▸

General meeting, 27-06-2016
Auditor reappointment, (statutory auditor)

Open the deed in the Belgian Official Gazette

11-07-2016

Annual accounts 2015 filed PDFfull format · 20 days before the deadline

2015

08-07-2015

Annual accounts 2014 filed PDFfull format · 23 days before the deadline

25-06-2015

2 directors appointed, 2 resignationsChange of role: , from managing director to director · Resignations: and Connect Group NV · Permanent representatives: and · Board meeting of 01-04-201512 points ▸

General meeting, 31-03-2015
Director resignation,
Director resignation,
Director resignation, Connect Group NV
Permanent representative, , mentioned 3 times in the deed
Director resignation, (managing director)
Director appointment,
Director appointment,
Director appointment,
Permanent representative, , mentioned 3 times in the deed
Board meeting, 01-04-2015
Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

2014

02-07-2014

Annual accounts 2013 filed PDFfull format · 29 days before the deadline

2013

03-07-2013

Annual accounts 2012 filed PDFfull format · 28 days before the deadline

2012

03-07-2012

Annual accounts 2011 filed PDFfull format · 28 days before the deadline

2011

05-07-2011

Annual accounts 2010 filed PDFfull format · 26 days before the deadline

2010

22-07-2010

Annual accounts 2009 filed PDFfull format · 9 days before the deadline

2009

31-12-2009

Weakest financial year net -€811,827 The net result drops to -€811,827, the lowest from 2006 to 2021.

09-08-2009

Annual accounts 2008 filed PDFfull format · 9 days late

2008

09-07-2008

Annual accounts 2007 filed PDFfull format · 22 days before the deadline

2007

31-07-2007

Annual accounts 2006 filed PDFfull format · on the deadline day

2006

26-07-2006

Annual accounts 2005 filed PDFfull format

2005

20-07-2005

Annual accounts 2004 filed PDFfull format

2004

29-07-2004

Annual accounts 2003 filed PDFfull format

2003

22-07-2003

Annual accounts 2002 filed PDFfull format

2002

26-07-2002

Annual accounts 2001 filed PDFfull format

2001

27-07-2001

Annual accounts 2000 filed PDFfull format

2000

04-08-2000

Annual accounts 1999 filed PDFfull format

1999

12-08-1999

Annual accounts 1998 filed PDFfull format

1998

14-07-1998

Annual accounts 1997 filed NBBfull format

1997

31-07-1997

Annual accounts 1996 filed NBBfull format

1996

01-07-1996

Annual accounts 1995 filed NBBfull format

1995

31-05-1995

Annual accounts 1994 filed NBBfull format

1994

17-08-1994

Annual accounts 1993 filed NBBfull format

1993

25-06-1993

Annual accounts 1992 filed NBBabbreviated format

1992

03-06-1992

Annual accounts 1991 filed NBBabbreviated format

1991

03-06-1991

Annual accounts 1990 filed NBBabbreviated format

1990

18-06-1990

Annual accounts 1989 filed NBBabbreviated format

1989

29-06-1989

Annual accounts 1988 filed NBBabbreviated format

1987

26-11-1987

Incorporation 40 publications in the Belgian Official Gazette, the last on 20-10-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

CONNECTSYSTEMS has filed 34 sets of annual accounts, the latest for financial year 2021.¹ In 2022 the company was absorbed by merger into CONNECT GROUP.²

Company details

Purpose according to the articles of association

Purpose: “Studie en productie van verbindingssystemen voor de industrie en markten zoals bedradingssystemen, kabelbomen. Daarbij horende het…”
3 activities
Studie en productie van verbindingssystemen voor de industrie en markten zoals bedradingssystemen, kabelbomen. Daarbij horende het studiewerk in verband met het realiseren, produceren en commercialiseren van prototypes
Studie en productie van verbindingssystemen voor de industrie en markten zoals verpakkingssystemen (back-panels) voor de elektronische en elektrische industrie, het realiseren van prototypen en productie van dergelijke systemen
Het commercialiseren, kopen en verkopen en/of produceren van componenten voor de elektrische en/of elektronische industrie

Articles of association, deed of 24-08-2022 (in Dutch)

Inactive

Absorbed by CONNECT GROUP in October 2022

CONNECTSYSTEMS is no longer in the KBO register. CONNECT GROUP took it over in a merger by absorption, published in the Belgian Official Gazette on 20 October 2022.

Status: Inactive
Reason: Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 20 October 2022 · deed
Absorbed by: CONNECT GROUP · 0448.332.911
Last annual accounts: financial year to 31 December 2021
Last registered office: Industriestraat 4, 1910 Kampenhoutas published on 20 October 2022
Legal form: Public limited company
First annual accounts: financial year 1988

Official KBO record

Overview

Lifetime

Key points

Equity

Staff

Payment terms

Board and ownership

Recent changes

Official details

Annual accounts 2021

Insights on CONNECTSYSTEMS

Financials

Annual accounts 2021

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Staff

Men and women56% women

Staff cost per FTE€54,844

Joined and left+1 person

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Auditor

Insights on CONNECTSYSTEMS

Board & ownership

Last board

Mandates through the years

Control

Capital

Owners through the years

Capital transactions

Network & group

Holdings

Europe 1 Equity Result

Earlier ties

Holdings and subsidiaries

Holdings 1

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Purpose according to the articles of association

Absorbed by CONNECT GROUP in October 2022

in €m

in €m

€54,844

+1 person