NETCYCLING

Active

Private limited companyfounded 2019active for 7 yearsHumbeeksesteenweg 155, 1850 Grimbergen, BelgiumKBO/BCE: BE 0733.719.381

Summary

NETCYCLING has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,761 and a net result of €47,838. Equity is growing by about 141% per year across the filed financial years. Its solvency ranks better than 47% of 2,592 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

NETCYCLINGActiveChecked score 97/100

Risk analysis Report Compare

Activity

Other education

NACE 85599

1 site

Size

≈ €250,000turnover 2025, estimated

Equity: €99,761
Profit: €47,838

Turnover estimated from the gross margin

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts filed 5 days late1 deed in the Belgian Official Gazette

Why 97lowers riskSector: Education (NACE 85)Liquidity: current ratio 3.27, cash €75,091Size: total assets €243,237Figures for financial year 2025 (filed 05-02-2026)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 72% of its sector peers (NACE 85, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 66+17

equity 41.0% of total assets

Liquidity 86+24

short-term debt 14.2% · cash 30.9%

Profitability 93+10

return on assets 19.7%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,814 companies, NACE 85, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 0.1%▼ -0.3 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: < 0.1%▼ -0.2 percentage points vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.27, compared with 1.87 in 2024, above the usual 1.5; short-term debt: 14.2% and cash: 30.9% of total assets), but 59% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 46% on solvency, 76% on liquidity, 76% on profitability and 90% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Sector: Education (NACE 85)

KBO

Liquidity: current ratio 3.27, cash €75,091

NBB · annual accounts

Size: total assets €243,237

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 05-02-2026)

NBB · annual accounts

2025 accounts filed 5 days late

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 5 filings

Deviation from the deadline

2025

5 days late

2024

4 days late

2023

16 days late

2022

2 days late

2021

16 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 9 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 5 February (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end29-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

05-02-2026 Annual accounts filedfinancial year 2025 · micro…
30-06-2025 Highest result from 2021 to 2025net €47,838 ▲88.8%
04-02-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: Among the best 15% on net resultsector median €7,281 · 2,594 companies €47,838 View
Positive: 5 profitable years in a rowprofit 2025: €47,838 5 years View
Total assets 20255 financial years filed €243,237 View

By topic

Financials

Financial year: 2025
Total assets: €243,237
Profit: €47,838
Solvency: 41.0%

Total assets▲ 13.2%

Net result

20212025

Go to Financials

Timeline

Events: 6
Since: 2022
Next accounts: by 31-01-2027

16-02-2024Annual accounts filed
02-02-2023Annual accounts filed
16-02-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other educationNACE 85599
Founded: 05-09-2019
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about NETCYCLING

What is the company number of NETCYCLING?: 0733.719.381. In Belgium the VAT number is the company number with BE in front: BE 0733.719.381.
Where is NETCYCLING based?: The registered office is at Humbeeksesteenweg 155, 1850 Grimbergen.Company details
What does NETCYCLING do?: According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of NETCYCLING?: Private limited company (BV).
When was NETCYCLING founded?: On 05-09-2019.
Is NETCYCLING still active?: Yes, NETCYCLING is an active enterprise in the KBO register.
What is the turnover of NETCYCLING?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is NETCYCLING profitable?: In financial year 2025, NETCYCLING made a profit of €47,838.
Where can I find the annual accounts of NETCYCLING?: NETCYCLING filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NETCYCLING due?: By 31-01-2027, for financial year 2026.Timeline