NET site Connect U
ActiveSummary
NET site Connect U has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €622k and a net result of €121k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+1
Solvency62=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.51 in 2024; short-term debt: 60.7% and cash: 30.3% of total assets), but 62.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
37.1%
Return on assets
7.2%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
20 d late
2023
29 d late
2022
31 d early
2021
25 d late
2020
27 d late
2019
2 d early
← 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, abbreviated schema
Turnover
€1.68M▼ 2.4%
2020 · €1.72M
2018: €1.46Mlowest value
2020: €1.72Mhighest value
2021: €1.68M▼ -2.4% vs 2020
2018 → 2021
EBIT margin
2.4%▼ 2.1pp
2020 · 4.5%
2018: 4.9%highest value
2020: 4.5%
2021: 2.4%▼ -46.1% vs 2020lowest value
2018 → 2021
Net result
€121k▲ 35.0%
2024 · €90k
2018: €38k
2019: €34k▼ -10.4% vs 2018
2020: €50k▲ +46.2% vs 2019
2021: €22k▼ -56.4% vs 2020lowest in 8 years
2022: €33k▲ +53.7% vs 2021
2023: €49k▲ +47.5% vs 2022
2024: €90k▲ +81.9% vs 2023
2025: €121k▲ +35.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€569k▲ 34.4%
2024 · €423k
2018: €160klowest in 8 years
2019: €201k▲ +25.8% vs 2018
2020: €252k▲ +25.3% vs 2019
2021: €288k▲ +14.4% vs 2020
2022: €289k▲ +0.4% vs 2021
2023: €349k▲ +20.7% vs 2022
2024: €423k▲ +21.2% vs 2023
2025: €569k▲ +34.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.68M-
Equity€328k-€362k▲ 10.2%€411k▲ 13.6%€501k▲ 21.8%€622k▲ 24.2%
2021: €328klowest in 5 years
2022: €362k▲ +10.2% vs 2021
2023: €411k▲ +13.6% vs 2022
2024: €501k▲ +21.8% vs 2023
2025: €622k▲ +24.2% vs 2024highest in 5 years
Operating result€41k-€58k▲ 41.3%€89k▲ 54.3%€141k▲ 58.5%€181k▲ 28.2%
2021: €41klowest in 5 years
2022: €58k▲ +41.3% vs 2021
2023: €89k▲ +54.3% vs 2022
2024: €141k▲ +58.5% vs 2023
2025: €181k▲ +28.2% vs 2024highest in 5 years
Net result€22k-€33k▲ 53.7%€49k▲ 47.5%€90k▲ 81.9%€121k▲ 35.0%
2021: €22klowest in 5 years
2022: €33k▲ +53.7% vs 2021
2023: €49k▲ +47.5% vs 2022
2024: €90k▲ +81.9% vs 2023
2025: €121k▲ +35.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€89k ▲ 14.8%
Current assets
€1.59M ▲ 26.0%
Equity and liabilities €1.68M
Equity
€622k ▲ 24.2%
Debt
€1.05M ▲ 26.0%
Debt's share of the balance-sheet total rises from 62.5% to 62.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€204k▲
2024 · €158k
Cash flow
€144k▲
2024 · €107k
Current ratio
1.56▲
2024 · 1.51
Quick ratio
1.54▲
2024 · 1.44
Debt to equity
1.69▲
2024 · 1.67
ROE
19.5%▲
2024 · 17.9%
ROA
7.2%▲
2024 · 6.7%
Interest coverage
8.61▼
2024 · 14.63
Debt ≤ 1 year
€1.02M▲
2024 · €836k
Debt > 1 year
€36k
Income taxes
€44k▲
2024 · €41k
Staff costs
€289k▼
2024 · €302k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€1.68M▲
Fixed assets21/28€78k€89k▲
Intangible fixed assets21€765-
Tangible fixed assets22/27€75k€87k▲
Plant, machinery and equipment23€70k€53k▼
Furniture and vehicles24€1k€3k▲
Leasing and similar rights25-€30k
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.26M€1.59M▲
Stocks and contracts in progress3€51k€24k▼
Stocks30/36€51k€24k▼
Amounts receivable within one year40/41€883k€1.05M▲
Trade receivables40€883k€1.05M▲
Cash at bank and in hand54/58€321k€507k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.68M▲
Equity10/15€501k€622k▲
Contributions10/11€36k€36k=
Reserves13€375k€465k▲
Distributable reserves133€375k€465k▲
Profit (loss) carried forward14€90k€121k▲
Amounts payable17/49€836k€1.05M▲
Amounts payable after more than one year17-€36k
Financial debts170/4-€36k
Amounts payable within one year42/48€836k€1.02M▲
Current portion of amounts payable after more than one year42€23k€16k▼
Trade debts44€551k€783k▲
Suppliers440/4€551k€783k▲
Advances received on contracts in progress46€130k€35k▼
Taxes, remuneration and social security45€106k€152k▲
Taxes450/3€72k€118k▲
Remuneration and social security454/9€34k€34k▲
Other amounts payable47/48€26k€30k▲
Income statement
Code20242025
Remuneration, social security and pensions62€302k€289k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€23k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€465k€496k▲
Operating profit (loss)9901€141k€181k▲
Financial income75/76B€228€8k▲
Recurring financial income75€228€8k▲
Financial charges65/66B€11k€24k▲
Recurring financial charges65€11k€24k▲
Profit (loss) for the period before taxes9903€130k€165k▲
Income taxes67/77€41k€44k▲
Profit (loss) for the period9904€90k€121k▲
Profit (loss) for the period to be appropriated9905€90k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€211k▲
Profit (loss) brought forward from the previous period14P€49k€90k▲
Transfer to equity691/2€49k€90k▲
To other reserves6921€49k€90k▲
Social balance
Average headcount (FTE)90875.35.1▼
The notes to these accounts (13 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €1.68M | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €1.39M | - | - | - | - | - |
| Remuneration, social security and pensions62 | €251k | €273k | €300k | €302k | €289k | ▼ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €21k | €19k | €17k | €23k | ▲ 38.4% |
| Other operating charges640/8 | €4k | €5k | €5k | €4k | €3k | ▼ 23.1% |
| Gross operating margin9900 | €314k | €357k | €413k | €465k | €496k | ▲ 6.8% |
| Operating profit (loss)9901 | €41k | €58k | €89k | €141k | €181k | ▲ 28.2% |
| Financial income75/76B | €6 | €1 | €54 | €228 | €8k | ▲ 3,390% |
| Recurring financial income75 | €6 | €1 | €54 | €228 | €8k | ▲ 3,390% |
| Financial charges65/66B | €8k | €11k | €18k | €11k | €24k | ▲ 120% |
| Recurring financial charges65 | €8k | €11k | €18k | €11k | €24k | ▲ 120% |
| Profit (loss) for the period before taxes9903 | €33k | €47k | €71k | €130k | €165k | ▲ 26.5% |
| Income taxes67/77 | €12k | €13k | €21k | €41k | €44k | ▲ 7.9% |
| Profit (loss) for the period9904 | €22k | €33k | €49k | €90k | €121k | ▲ 35.0% |
| Profit (loss) for the period to be appropriated9905 | €22k | €33k | €49k | €90k | €121k | ▲ 35.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €928k | €1.05M | €1.05M | €1.34M | €1.68M | ▲ 25.3% |
| Fixed assets21/28 | €55k | €78k | €62k | €78k | €89k | ▲ 14.8% |
| Intangible fixed assets21 | - | €3k | €2k | €765 | - | - |
| Tangible fixed assets22/27 | €53k | €73k | €58k | €75k | €87k | ▲ 16.4% |
| Plant, machinery and equipment23 | €37k | €61k | €50k | €70k | €53k | ▼ 24.6% |
| Furniture and vehicles24 | €7k | €5k | €3k | €1k | €3k | ▲ 118% |
| Leasing and similar rights25 | - | - | - | - | €30k | - |
| Other tangible fixed assets26 | €9k | €7k | €5k | €3k | €2k | ▼ 50.0% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €873k | €969k | €988k | €1.26M | €1.59M | ▲ 26.0% |
| Stocks and contracts in progress3 | €127k | €109k | €67k | €51k | €24k | ▼ 52.3% |
| Stocks30/36 | €127k | €109k | €67k | €51k | €24k | ▼ 52.3% |
| Amounts receivable within one year40/41 | €604k | €821k | €828k | €883k | €1.05M | ▲ 19.1% |
| Trade receivables40 | €596k | €805k | €828k | €883k | €1.05M | ▲ 19.1% |
| Other amounts receivable41 | €9k | €16k | - | - | - | - |
| Cash at bank and in hand54/58 | €138k | €32k | €82k | €321k | €507k | ▲ 58.0% |
| Deferred charges and accrued income490/1 | €3k | €7k | €12k | €4k | €3k | ▼ 24.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €928k | €1.05M | €1.05M | €1.34M | €1.68M | ▲ 25.3% |
| Equity10/15 | €328k | €362k | €411k | €501k | €622k | ▲ 24.2% |
| Contributions10/11 | €36k | €36k | €36k | €36k | €36k | = |
| Reserves13 | €271k | €292k | €326k | €375k | €465k | ▲ 23.9% |
| Non-distributable reserves130/1 | €4k | €4k | - | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | - | - | - | - |
| Distributable reserves133 | €267k | €289k | €326k | €375k | €465k | ▲ 23.9% |
| Profit (loss) carried forward14 | €22k | €33k | €49k | €90k | €121k | ▲ 35.0% |
| Amounts payable17/49 | €599k | €684k | €639k | €836k | €1.05M | ▲ 26.0% |
| Amounts payable after more than one year17 | €15k | €5k | - | - | €36k | - |
| Financial debts170/4 | €15k | €5k | - | - | €36k | - |
| Amounts payable within one year42/48 | €584k | €679k | €639k | €836k | €1.02M | ▲ 21.7% |
| Current portion of amounts payable after more than one year42 | €33k | €33k | €29k | €23k | €16k | ▼ 29.8% |
| Financial debts43 | €90k | €150k | - | - | - | - |
| Credit institutions430/8 | €90k | €150k | - | - | - | - |
| Trade debts44 | €270k | €302k | €462k | €551k | €783k | ▲ 42.0% |
| Suppliers440/4 | €270k | €302k | €462k | €551k | €783k | ▲ 42.0% |
| Advances received on contracts in progress46 | €89k | €63k | €18k | €130k | €35k | ▼ 72.8% |
| Taxes, remuneration and social security45 | €91k | €115k | €109k | €106k | €152k | ▲ 43.9% |
| Taxes450/3 | €56k | €84k | €77k | €72k | €118k | ▲ 63.6% |
| Remuneration and social security454/9 | €35k | €31k | €32k | €34k | €34k | ▲ 1.6% |
| Other amounts payable47/48 | €12k | €16k | €21k | €26k | €30k | ▲ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €33k | €49k | €90k | €121k | ▲ 35.0% |
| + Depreciation and write-downs630 | €18k | €21k | €19k | €17k | €23k | ▲ 38.4% |
| Operating cash flow (approximation) | €39k | €55k | €68k | €107k | €144k | ▲ 35.5% |
| Investment in fixed assets (approximation) | - | €-43k | €-3k | €-33k | €-35k | ▼ 6.8% |
| Change in cash | - | €-106k | €50k | €239k | €186k | ▼ 22.2% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €121k ▲35%
Operating result €181k, net result €121k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Equity above €500kEq €501k ▲21.8%
7 profitable years in a row build equity to €501k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €22k ▼56.4%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ans · 1 establishment unit since 2014
Ground area
3,022 m²
Building footprint
178 m²
Volume, LiDAR
939 m³
Parcel 62066A0003/00F002, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NET site Connect U
since 20142.237.448.124
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62066A0003/00F002 | Wallonia | 3,021 m² | 1 · 178 m² | 8.3 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesNET site Connect U SRL36320
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 5,927 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
Founded16-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
62900Other information technology and computer services
46190Agents in non-specialised wholesale trade
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
58290Other software publishing
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.