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NET IT

Active
Public limited companyfounded 199926 yrs activeGentse Steenweg 281, 9620 Zottegem, BelgiumKBO/BCE: BE 0466.765.186

NET IT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.02M and a net result of €1.14M. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 1369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
94 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-12
Solvency81▲+32
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 1.47 in 2024), but 61.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38.1%
Return on assets
10.8%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 27-04-2026, 95 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
95 d early
2024
93 d early
2023
75 d early
2022
21 d early
2021
29 d late
2020
30 d late
2019
18 d early
← before the deadline after the deadline →
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 months
Position in the running window
07-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€9.81M▼ 10.0%
2024 · €10.90M
2024: €10.90M
2024 → 2025
EBIT margin
15.5%▼ 8.5pp
2024 · 24.0%
2024: 24.0%
2024 → 2025
Net result
€1.14M▼ 40.3%
2024 · €1.91M
2018: €388k 2019: €312k 2020: €372k 2021: €500k 2022: €1.65M 2023: €1.96M 2024: €1.91M
2018 → 2025
Working capital
€4.56M▲ 54.5%
2024 · €2.95M
2018: €1.43M 2019: €1.15M 2020: €1.67M 2021: €2.26M 2022: €-1.20M 2023: €987k 2024: €2.95M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€10.90M€9.81M▼ 10.0%
Equity€2.52M-€983k▼ 61.0%€962k▼ 2.2%€2.87M▲ 199%€4.02M▲ 39.8%
Operating result€726k-€2.28M▲ 214%€2.83M▲ 23.8%€2.61M▼ 7.6%€1.52M▼ 41.9%
Net result€500k-€1.65M▲ 229%€1.96M▲ 18.9%€1.91M▼ 2.3%€1.14M▼ 40.3%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €726k€726kNet result 2021: €500k€500kOperating result 2022: €2.28M€2.28MNet result 2022: €1.65M€1.65MOperating result 2023: €2.83M€2.83MNet result 2023: €1.96M€1.96MOperating result 2024: €2.61M€2.61MNet result 2024: €1.91M€1.91MOperating result 2025: €1.52M€1.52MNet result 2025: €1.14M€1.14M20212022202320242025
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.54M
Fixed assets €2.12M▲ 0.6%
Current assets €8.41M▼ 8.2%
Equity and liabilities €10.54M
Equity €4.02M▲ 39.8%
Debt €6.52M▼ 22.4%
The debt ratio falls from 74.5% to 61.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.56M
2024 · €2.66M
Cash flow
€1.19M
2024 · €1.96M
Solvency
38.1%
2024 · 25.5%
Current ratio
2.18
2024 · 1.47
Quick ratio
2.18
2024 · 1.47
Debt / equity
1.62
2024 · 2.92
ROE
28.4%
2024 · 66.5%
ROA
10.8%
2024 · 17.0%
Interest coverage
7.51
2024 · 16.89
Debt
€6.52M
2024 · €8.41M
Debt ≤ 1 year
€3.86M
2024 · €6.22M
Debt > 1 year
€2.20M
2024 · €2.07M
Income taxes
€476k
2024 · €691k
Staff costs
€4.58M
2024 · €4.47M
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€11.28M€10.54M
Fixed assets21/28€2.11M€2.12M
Intangible fixed assets21-€44k
Tangible fixed assets22/27€112k€80k
Plant, machinery and equipment23-€2k
Furniture and vehicles24€35k€22k
Other tangible fixed assets26€78k€56k
Financial fixed assets28€2.00M€2.00M=
Affiliated companies280/1€2.00M€2.00M=
Participating interests280€2.00M€2.00M=
Current assets29/58€9.17M€8.41M
Stocks and contracts in progress3€559€27k
Stocks30/36€559€27k
Goods purchased for resale34€559€27k
Amounts receivable within one year40/41€8.24M€7.25M
Trade receivables40€2.97M€2.73M
Other amounts receivable41€5.27M€4.52M
Cash at bank and in hand54/58€884k€873k
Deferred charges and accrued income490/1€47k€268k
Equity and liabilities
Total equity and liabilities10/49€11.28M€10.54M
Equity10/15€2.87M€4.02M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.81M€2.81M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€2.81M€2.81M=
Profit (loss) carried forward14-€1.14M
Amounts payable17/49€8.41M€6.52M
Amounts payable after more than one year17€2.07M€2.20M
Financial debts170/4€2.07M€2.20M
Other loans174€2.07M€2.20M
Amounts payable within one year42/48€6.22M€3.86M
Financial debts43€475k€83k
Credit institutions430/8€475k€83k
Trade debts44€1.86M€2.20M
Suppliers440/4€1.86M€2.20M
Advances received on contracts in progress46€105k€288k
Taxes, remuneration and social security45€1.72M€1.02M
Taxes450/3€1.19M€594k
Remuneration and social security454/9€537k€431k
Other amounts payable47/48€2.06M€262k
Accrued charges and deferred income492/3€114k€467k
Income statement Code20242025
Operating income70/76A€11.19M€10.02M
Turnover70€10.90M€9.81M
Own construction capitalised72-€50k
Other operating income74€200k€125k
Non-recurring operating income76A€93k€37k
Operating charges60/66A€8.58M€8.50M
Goods for resale, raw materials and consumables60€2.57M€1.95M
Purchases600/8€2.56M€1.97M
Change in stocks: decrease (increase)609€6k€-26k
Services and other goods61€1.46M€1.75M
Remuneration, social security and pensions62€4.47M€4.58M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€45k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k€15k
Other operating charges640/8€17k€24k
Non-recurring operating charges66A€2k€144k
Operating profit (loss)9901€2.61M€1.52M
Financial income75/76B€156k€323k
Recurring financial income75€156k€323k
Income from current assets751€155k€323k
Other financial income752/9€1k€173
Financial charges65/66B€164k€221k
Recurring financial charges65€164k€221k
Debt charges650€158k€208k
Other financial charges652/9€7k€13k
Profit (loss) for the period before taxes9903€2.60M€1.62M
Income taxes67/77€691k€476k
Taxes670/3€691k€476k
Profit (loss) for the period9904€1.91M€1.14M
Profit (loss) for the period to be appropriated9905€1.91M€1.14M
Appropriation of the result
Profit (loss) to be appropriated9906€1.91M€1.14M
Transfer to equity691/2€1.91M€0
To other reserves6921€1.91M€0
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908749.647.2

The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €2MEq €2.87M ▲199%
7 profitable years in a row build equity to €2.87M.
17-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
29-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2023
31-12
Financial Highest result since 2018net €1.96M ▲18.9%
Operating result €2.83M, net result €1.96M, both a record.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Equity above €2MEq €2.02M ▲22.6%
3 profitable years in a row build equity to €2.02M.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €312k ▼19.7%
Net result drops to €312k, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2023
This board is reconstructed from a single act (23306694). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Benny VAN HYFTE
Director · since 20-01-2023
Current
Améro
Director · since 15-12-2022 · Private limited company
Current
Luanja
Managing director · since 15-12-2022 · Private limited company · perm. rep.: Luc VAN dER PUTTEN
Current
PHI-SOFT
Director · since 15-12-2022 · Private limited company
Current
Viktuur
Managing director · since 15-12-2022 · Private limited company · perm. rep.: Jan HOFMAN
Current
29-04-2024 Luanja BV: Appointed as Permanent representative
29-04-2024 Unity BV: Appointed as Permanent representative
29-04-2024 VIKTUUR BV: Appointed as Permanent representative
20-01-2023 Benny VAN HYFTE: Appointed as Director
15-12-2022 Améro: Appointed as Director
15-12-2022 Luanja: Appointed as Managing director
15-12-2022 PHI-SOFT: Appointed as Director
15-12-2022 Viktuur: Appointed as Managing director
Not every act has been read: a resignation may be missing here
8 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 1999
exact location from the address register On OpenStreetMap
Ground area
1,554 m²
Building footprint
825 m²
Volume, LiDAR
4,295 m³
Parcel 41035A0393/00P002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentse Steenweg 281, 9620 Zottegem
Air transport
since 19992.092.444.012
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41035A0393/00P002 Flanders 1,554 m² 1 · 825 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 16,793 companies in sector 62100 we hold annual accounts for 8,691. 1,542 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded09-09-1999
Fiscal year end31-12
Activities, NACEBEL
52487
62010Computer programming, consultancy and related activities
62100Computer programming
72220
47400Retail sale of information and communication equipment
47410Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.