GENERAL NET
ActiveSummary
GENERAL NET has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €12k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+5
Solvency79▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.4 in 2024; short-term debt: 38.2% and cash: 17.7% of total assets), and 46.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.5%
Return on assets
19.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €34k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
47 d early
2023
23 d early
2022
46 d early
2021
46 d early
2020
26 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 40.0%
2024 · €9k
2018: €-18k
2019: €-28k▼ -53.6% vs 2018
2020: €2k▲ +106% vs 2019
2021: €13k▲ +637% vs 2020highest in 8 years
2022: €-2k▼ -113% vs 2021
2023: €-32k▼ -1912% vs 2022lowest in 8 years
2024: €9k▲ +127% vs 2023
2025: €12k▲ +40.0% vs 2024
2018 → 2025
Working capital
€24k▲ 75.0%
2024 · €14k
2018: €57khighest in 8 years
2019: €31k▼ -46.2% vs 2018
2020: €31k▲ +2.9% vs 2019
2021: €31k▼ -1.0% vs 2020
2022: €25k▼ -18.5% vs 2021
2023: €-3k▼ -112% vs 2022lowest in 8 years
2024: €14k▲ +550% vs 2023
2025: €24k▲ +75.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€45k▼ 3.4%€13k▼ 71.2%€22k▲ 67.3%€34k▲ 56.3%
2021: €47khighest in 5 years
2022: €45k▼ -3.4% vs 2021
2023: €13k▼ -71.2% vs 2022lowest in 5 years
2024: €22k▲ +67.3% vs 2023
2025: €34k▲ +56.3% vs 2024
Operating result€13k-€-1k€-32k▼ 3,038%€11k€14k▲ 32.9%
2021: €13k
2022: €-1k▼ -108% vs 2021
2023: €-32k▼ -3038% vs 2022lowest in 5 years
2024: €11k▲ +133% vs 2023
2025: €14k▲ +32.9% vs 2024highest in 5 years
Net result€13k-€-2k€-32k▼ 1,912%€9k€12k▲ 40.0%
2021: €13khighest in 5 years
2022: €-2k▼ -113% vs 2021
2023: €-32k▼ -1912% vs 2022lowest in 5 years
2024: €9k▲ +127% vs 2023
2025: €12k▲ +40.0% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€15k ▲ 90.2%
Current assets
€49k ▲ 0.2%
Equity and liabilities €64k
Equity
€34k ▲ 56.3%
Debt
€30k ▼ 14.5%
Debt's share of the balance-sheet total falls from 61.4% to 46.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €18k
Cash flow
€19k▲
2024 · €16k
Current ratio
2.00▲
2024 · 1.40
Debt to equity
0.87▼
2024 · 1.59
ROE
36.0%▼
2024 · 40.2%
ROA
19.3%▲
2024 · 15.5%
Interest coverage
43.13▼
2024 · 46.26
Debt ≤ 1 year
€24k▼
2024 · €35k
Debt > 1 year
€5k
Income taxes
€1k▼
2024 · €1k
Staff costs
€42k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€57k€64k▲
Fixed assets21/28€8k€15k▲
Tangible fixed assets22/27€7k€14k▲
Furniture and vehicles24€7k€14k▲
Financial fixed assets28€714€714=
Current assets29/58€49k€49k▲
Amounts receivable within one year40/41€26k€35k▲
Trade receivables40€26k€35k▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€57k€64k▲
Equity10/15€22k€34k▲
Contributions10/11€6k€6k=
Reserves13€16k€28k▲
Distributable reserves133€16k€28k▲
Amounts payable17/49€35k€30k▼
Amounts payable after more than one year17-€5k
Financial debts170/4-€5k
Amounts payable within one year42/48€35k€24k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€15k€5k▼
Other amounts payable47/48€12k€75▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€705€646▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€46k€64k▲
Operating profit (loss)9901€11k€14k▲
Financial income75/76B€10€6▼
Recurring financial income75€10€6▼
Financial charges65/66B€386€486▲
Recurring financial charges65€386€486▲
Profit (loss) for the period before taxes9903€10k€14k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€9k€12k▲
Profit (loss) for the period to be appropriated9905€9k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€12k▼
Profit (loss) brought forward from the previous period14P€5k-
Transfer to equity691/2€14k€12k▼
To other reserves6921€14k€12k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €12k | €19k | €47k | €24k | €42k | ▲ 73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €8k | €6k | €7k | €7k | ▼ 4.9% |
| Other operating charges640/8 | €348 | €360 | €9k | €705 | €646 | ▼ 8.4% |
| Non-recurring operating charges66A | €0 | - | - | €3k | - | - |
| Gross operating margin9900 | €28k | €26k | €30k | €46k | €64k | ▲ 39.3% |
| Operating profit (loss)9901 | €13k | €-1k | €-32k | €11k | €14k | ▲ 32.9% |
| Financial income75/76B | €0 | €38 | €14 | €10 | €6 | ▼ 40.9% |
| Recurring financial income75 | €0 | €38 | €14 | €10 | €6 | ▼ 40.9% |
| Financial charges65/66B | €252 | €636 | €717 | €386 | €486 | ▲ 25.9% |
| Recurring financial charges65 | €252 | €636 | €717 | €386 | €486 | ▲ 25.9% |
| Profit (loss) for the period before taxes9903 | €13k | €-2k | €-32k | €10k | €14k | ▲ 33.1% |
| Income taxes67/77 | - | - | - | €1k | €1k | ▼ 10.7% |
| Profit (loss) for the period9904 | €13k | €-2k | €-32k | €9k | €12k | ▲ 40.0% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-2k | €-32k | €9k | €12k | ▲ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52k | €65k | €72k | €57k | €64k | ▲ 12.9% |
| Fixed assets21/28 | €16k | €25k | €16k | €8k | €15k | ▲ 90.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €15k | €23k | €15k | €7k | €14k | ▲ 99.1% |
| Furniture and vehicles24 | €15k | €23k | €15k | €7k | €14k | ▲ 99.1% |
| Financial fixed assets28 | €2k | €2k | €2k | €714 | €714 | = |
| Current assets29/58 | €35k | €40k | €55k | €49k | €49k | ▲ 0.2% |
| Amounts receivable within one year40/41 | €12k | €18k | €22k | €26k | €35k | ▲ 34.4% |
| Trade receivables40 | €10k | €16k | €21k | €26k | €35k | ▲ 34.4% |
| Other amounts receivable41 | €1k | €2k | €983 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €17k | €22k | €31k | €21k | €11k | ▼ 46.6% |
| Deferred charges and accrued income490/1 | €6k | €0 | €2k | €1k | €2k | ▲ 81.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52k | €65k | €72k | €57k | €64k | ▲ 12.9% |
| Equity10/15 | €47k | €45k | €13k | €22k | €34k | ▲ 56.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €12k | - | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €16k | €28k | ▲ 78.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €16k | €28k | ▲ 78.7% |
| Profit (loss) carried forward14 | €39k | €37k | €5k | - | - | - |
| Amounts payable17/49 | €5k | €20k | €59k | €35k | €30k | ▼ 14.5% |
| Amounts payable after more than one year17 | - | €5k | - | - | €5k | - |
| Financial debts170/4 | - | €5k | - | - | €5k | - |
| Amounts payable within one year42/48 | €4k | €15k | €59k | €35k | €24k | ▼ 29.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8k | - |
| Financial debts43 | - | €7k | €5k | - | - | - |
| Credit institutions430/8 | - | €7k | €5k | - | - | - |
| Trade debts44 | €1k | €3k | €9k | €4k | €6k | ▲ 66.2% |
| Suppliers440/4 | €1k | €3k | €9k | €4k | €6k | ▲ 66.2% |
| Taxes, remuneration and social security45 | €3k | €5k | €20k | €19k | €10k | ▼ 45.7% |
| Taxes450/3 | - | - | - | €4k | €5k | ▲ 26.7% |
| Remuneration and social security454/9 | €3k | €5k | €20k | €15k | €5k | ▼ 65.8% |
| Other amounts payable47/48 | - | - | €24k | €12k | €75 | ▼ 99.4% |
| Accrued charges and deferred income492/3 | €494 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-2k | €-32k | €9k | €12k | ▲ 40.0% |
| + Depreciation and write-downs630 | €3k | €8k | €6k | €7k | €7k | ▼ 4.9% |
| Operating cash flow (approximation) | €15k | €6k | €-27k | €16k | €19k | ▲ 19.6% |
| Investment in fixed assets (approximation) | - | €-16k | €3k | €858 | €-14k | ▼ 1,747% |
| Change in cash | - | €5k | €10k | €-10k | €-10k | ▲ 3.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13k ▲637%
Net result €13k, the highest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 1991
Ground area
98 m²
Building footprint
78 m²
Volume, LiDAR
1,079 m³
Parcel 21572B0070/00Y016, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GENERAL NET
since 19912.053.538.302
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0070/00Y016 | Brussels | 98 m² | 1 · 78 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0442.217.357
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D-CLEAN
BE 0721.559.838
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A.T.F.
BE 0465.135.388
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Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 1,952 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.