Checked.be
Active
BE 0827.515.908Private limited company
NETIS
Allée de la Frênaie 19 ·1300 Wavre, Belgium· 16 yrs active
Sector: Computer programming
(62100)
Conclusion
NETIS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €25k. Equity is growing by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €112k |
| Net result | €25k |
| Staff (FTE) | 1 |
| Better than sector | 30% |
Financial profile
85
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
81
Profitability
100
Solvency
64
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
81
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
28
2021
49
2022
56
2023
86
2024
81
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.46 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.46 (≥ 1.0)
+5
Leverage
Debt/equity 1.91 (< 2.0)
+3
Profitability
ROE 22% (≥ 10%)
+10
Interest coverage
Interest coverage 10.7× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~51.1%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.4% | 60.0% | |
| Net result | €25k | €29k | |
| Equity | €112k | €72k | |
| Gross operating margin | €103k | €55k | |
| Staff costs | €44k | €25k |
€57k
-23.3%
21-25
€25k
-34.5%
21-25
€37k
-25.0%
21-25
€324k
+6.3%
21-25
€112k
+28.4%
21-25
€37k
+273.1%
21-25
1
0.0%
21-25
€44k
+5.0%
21-25
€15k
-26.7%
21-25
€213k
-2.5%
21-25
€81k
+3.9%
21-25
€132k
-6.1%
21-25
1.46
+29.4%
21-25
1.46
+29.4%
21-25
34.4%
+20.8%
21-25
1.91
-24.1%
21-25
22.1%
-49.0%
21-25
7.6%
-38.4%
21-25
10.71
-32.1%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €57k | €74k | €42k | €17k | €11k |
| Net profit | €25k | €38k | €22k | €3k | €-1k |
| Cash flow | €37k | €49k | €32k | €13k | €7k |
| Staff costs | €44k | €42k | €40k | €38k | €39k |
| Income taxes | €15k | €20k | €6k | €575 | €275 |
| Dividends | - | - | - | - | - |
| Total assets | €324k | €305k | €283k | €284k | €290k |
| Equity | €112k | €87k | €49k | €27k | €25k |
| Debt | €213k | €218k | €234k | €256k | €265k |
| of which ≤ 1y | €81k | €77k | €83k | €95k | €99k |
| of which > 1y | €132k | €141k | €151k | €161k | €166k |
| Working capital | €37k | €10k | €-7k | €-27k | €-25k |
| Employees (FTE) | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.46 | 1.13 | 0.92 | 0.72 | 0.75 |
| Quick ratio | 1.46 | 1.13 | 0.92 | 0.72 | 0.75 |
| Working capital ratio | 11.4% | 3.3% | -2.5% | -9.6% | -8.7% |
| Solvency | 34.4% | 28.4% | 17.4% | 9.7% | 8.6% |
| Debt / equity | 1.91 | 2.52 | 4.76 | 9.34 | 10.65 |
| Long-term debt ratio | 1.19 | 1.62 | 3.06 | 5.87 | 6.67 |
| Interest coverage | 10.71 | 15.78 | 10.29 | 4.80 | 3.40 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.6% | 12.3% | 7.7% | 0.9% | -0.4% |
| ROE | 22.1% | 43.4% | 44.2% | 9.3% | -5.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €324k | €305k | €283k | €284k | €290k |
| Fixed assets | 21/28 | €207k | €218k | €207k | €216k | €216k |
| Tangible fixed assets | 22/27 | €207k | €218k | €207k | €216k | €216k |
| Financial fixed assets | 28 | €150 | €150 | €150 | €150 | €150 |
| Current assets | 29/58 | €118k | €87k | €76k | €68k | €74k |
| Amounts receivable within one year | 40/41 | €28k | €21k | €44k | €32k | €19k |
| Cash & bank | 54/58 | €84k | €64k | €28k | €32k | €50k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €324k | €305k | €283k | €284k | €290k |
| Equity | 10/15 | €112k | €87k | €49k | €27k | €25k |
| Contributions / capital | 10/11 | €8k | €8k | €8k | €8k | €8k |
| Reserves | 13 | €103k | €79k | €41k | €19k | €17k |
| Amounts payable | 17/49 | €213k | €218k | €234k | €256k | €265k |
| Amounts payable after one year | 17 | €132k | €141k | €151k | €161k | €166k |
| Amounts payable within one year | 42/48 | €81k | €77k | €83k | €95k | €99k |
| Trade debts payable within one year | 44 | €5k | €3k | €4k | €12k | €20k |
| Income statement | ||||||
| Gross operating margin | 9900 | €103k | €119k | €82k | €56k | €51k |
| Operating result | 9901 | €44k | €62k | €31k | €7k | €2k |
| Financial income | 75 | €215 | €55 | €33 | €8 | €18 |
| Financial charges | 65 | €5k | €5k | €4k | €3k | €3k |
| Result before taxes | 9903 | €39k | €58k | €27k | €3k | €-1k |
| Income taxes | 67/77 | €15k | €20k | €6k | €575 | €275 |
| Net result for the period | 9904 | €25k | €38k | €22k | €3k | €-1k |
| Result to be appropriated | 9905 | €25k | €38k | €22k | €3k | €-1k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2010 |
| Status | Active |
| Postal code | 1300 |
Establishment units
Allée de la Frênaie 19, 1300 Wavre
since 20172.271.767.021
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772H0035/00W002 | Wallonia | 691 m² | 1 · 159 m² | 9.2 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Equity above €100kEq €112k ▲28.4%
4 profitable years in a row build equity to €112k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2021net €38k ▲73.5%
Operating result €62k, net result €38k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010Computer programming62100
Names & trade names
| Legal nameFR | NETIS |
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