NET
ActiveThe computed 12-month bankruptcy probability of NET is 2.7% (moderate). The 2025 annual accounts show negative equity (€-11k) and a net result of €-44k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 12% of 259 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-3
Solvency0▼-85
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 2.47 in 2024; short-term debt: 128.3% and cash: 1.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-28.3%
Return on assets
-114.4%
Age of the figures
12 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
11 d early
2023
on the day
2022
4 d early
2021
31 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€546k
EBIT margin
-7.6%
Net result
€-44k▼ 524%
2024 · €-7k
2018: €915
2019: €2k
2020: €3k
2021: €995
2022: €-5k
2023: €5k
2024: €-7k
2018 → 2025
Working capital
€-11k
2024 · €32k
2018: €16k
2019: €32k
2020: €37k
2021: €38k
2022: €33k
2023: €38k
2024: €32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€546k
Equity€40k-€35k▼ 12.9%€40k▲ 14.5%€33k▼ 17.6%€-11k
Operating result€889-€-5k€5k€-7k€-41k▼ 484%
Net result€995-€-5k€5k€-7k€-44k▼ 524%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2025 against €7k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38k
Fixed assets
€442▼ 50.0%
Current assets
€38k▼ 29.9%
Key figures and ratios
EBITDA
€-41k▼
2024 · €-7k
Cash flow
€-43k▼
2024 · €-7k
Solvency
-28.3%▼
2024 · 60.1%
Current ratio
0.77▼
2024 · 2.47
Quick ratio
0.19▼
2024 · 0.56
Debt / equity
-4.54▼
2024 · 0.66
ROA
-114.4%▼
2024 · -12.8%
Interest coverage
-18.78▲
2024 · -23.25
Debt
€49k▲
2024 · €22k
Debt ≤ 1 year
€49k▲
2024 · €22k
Staff costs
€68k▼
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€38k▼
Fixed assets21/28€883€442▼
Tangible fixed assets22/27€883€442▼
Other tangible fixed assets26€883€442▼
Current assets29/58€54k€38k▼
Stocks and contracts in progress3€42k€28k▼
Stocks30/36€42k€28k▼
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40-€5k
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€5k€420▼
Equity and liabilities
Total equity and liabilities10/49€55k€38k▼
Equity10/15€33k€-11k▼
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€11k€-33k▼
Amounts payable17/49€22k€49k▲
Amounts payable within one year42/48€22k€49k▲
Trade debts44€2k€26k▲
Suppliers440/4€2k€26k▲
Taxes, remuneration and social security45€20k€23k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€16k€18k▲
Income statement
Code20242025
Turnover70-€546k
Non-recurring operating income76A-€4k
Goods, raw materials, services and sundry goods60/61-€519k
Remuneration, social security and pensions62€69k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€442€442=
Other operating charges640/8€6k€4k▼
Gross operating margin9900€69k€31k▼
Operating profit (loss)9901€-7k€-41k▼
Financial income75/76B€396€45▼
Recurring financial income75€396€45▼
Financial charges65/66B€286€2k▲
Recurring financial charges65€286€2k▲
Profit (loss) for the period before taxes9903€-7k€-44k▼
Profit (loss) for the period9904€-7k€-44k▼
Profit (loss) for the period to be appropriated9905€-7k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-33k▼
Profit (loss) brought forward from the previous period14P€18k€11k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
19-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity times 5current ratio 8.36
Current ratio from 1.64 to 8.36; short-term debt falls from €25k to €4k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 2 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Cruyslei 672100 AntwerpenGround area
347 m²
Building footprint
177 m²
Volume, LiDAR
1,401 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
NET
since 20062.152.396.346
NET
since 20102.190.872.187
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0965/00E006 | Flanders | 275 m² | 1 · 109 m² | 10.6 m · 3 fl. |
| 11323F0068/00T008 | Flanders | 73 m² | 1 · 68 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.152.396.346
Brasschaat2.190.872.187
Similar companies · same sector, comparable size
CAPTRACK
BE 0452.671.482
Anderlecht · Eq €33k
ECICOM
BE 0470.173.054
Sint-Truiden · Eq €33k
SD1 - TELECOM
BE 0746.401.637
Braine-l'Alleud · Eq €33k
ENTERSALES
BE 0423.265.042
Elsene · Eq €33k
T-IT
BE 0779.360.752
Deinze · Eq €33k
Of 1,376 companies in sector 61100 we hold annual accounts for 586. 366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2006
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.