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CONNECTSYSTEMS

Absorbed by CONNECT GROUP KBO/BCE: BE 0432.392.544

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%
25.32020+2.5Profit-12.1Dividend15.72021

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

Merger: absorbed by CONNECT GROUP General meeting of 28-09-2022 · Gazette deed
Merger proposal: to be absorbed by Connect Group NV Permanent representative: · Connect Group NV holds all the shares · Gazette deed
Permanent representative: Gazette deed
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

€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. Click a figure with a dotted line for the item and the filing.

Key facts about CONNECTSYSTEMS

What is the company number of CONNECTSYSTEMS?
The company number of CONNECTSYSTEMS is 0432.392.544. The VAT number is the same number with BE in front: BE 0432.392.544.
What is the legal form of CONNECTSYSTEMS?
Legal form of CONNECTSYSTEMS: NV.
Is CONNECTSYSTEMS still active?
No. CONNECTSYSTEMS is inactive in the KBO register.Company details
How many employees did CONNECTSYSTEMS have?
CONNECTSYSTEMS had an average of 126.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does CONNECTSYSTEMS fall under?
In its 2021 annual accounts, CONNECTSYSTEMS states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of CONNECTSYSTEMS?
The turnover of CONNECTSYSTEMS was €65.8m in financial year 2021, according to the filed annual accounts.
Is CONNECTSYSTEMS profitable?
In financial year 2021, CONNECTSYSTEMS made a profit of €2.5m.
Where can I find the annual accounts of CONNECTSYSTEMS?
CONNECTSYSTEMS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

Next steps

Keep this company with today's facts in a case file.