NETWORK CABLING SOLUTIONS
ActiveSummary
NETWORK CABLING SOLUTIONS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.08M and a net result of €32k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 1114 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 6.88 against 4.85 in 2023; short-term debt: 13.7% and cash: 8% of total assets), and 24% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76%
Return on assets
2.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
43 d early
2022
11 d late
2021
29 d late
2020
25 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▼ 66.4%
2023 · €94k
2018: €113k
2019: €203k
2020: €54k
2021: €66k
2022: €273k
2023: €94k
2018 → 2024
Working capital
€1.15M▲ 13.0%
2023 · €1.02M
2018: €336k
2019: €659k
2020: €605k
2021: €697k
2022: €930k
2023: €1.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€660k-€726k▲ 10.1%€957k▲ 31.7%€1.05M▲ 9.8%€1.08M▲ 3.0%
Operating result€78k-€115k▲ 46.8%€413k▲ 261%€140k▼ 66.2%€50k▼ 64.3%
Net result€54k-€66k▲ 24.2%€273k▲ 310%€94k▼ 65.6%€32k▼ 66.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 64% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.42M
Fixed assets
€79k ▼ 7.2%
Current assets
€1.35M ▲ 5.0%
Equity and liabilities €1.42M
Equity
€1.08M ▲ 3.0%
Debt
€343k ▲ 8.3%
Debt's share of the balance-sheet total rises from 23.1% to 24.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63k▼
2023 · €162k
Cash flow
€45k▼
2023 · €117k
Current ratio
6.88▲
2023 · 4.85
Quick ratio
6.82▲
2023 · 4.80
Debt to equity
0.32▲
2023 · 0.30
ROE
2.9%▼
2023 · 8.9%
ROA
2.2%▼
2023 · 6.9%
Interest coverage
15.24▼
2023 · 35.16
Debt ≤ 1 year
€196k▼
2023 · €264k
Debt > 1 year
€35k▼
2023 · €47k
Income taxes
€15k▼
2023 · €42k
Staff costs
€246k▼
2023 · €261k
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 · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.37M€1.42M▲
Fixed assets21/28€85k€79k▼
Tangible fixed assets22/27€85k€79k▼
Land and buildings22€48k€49k▲
Plant, machinery and equipment23€36k€29k▼
Furniture and vehicles24€751€516▼
Current assets29/58€1.28M€1.35M▲
Stocks and contracts in progress3€13k€11k▼
Stocks30/36€13k€11k▼
Amounts receivable within one year40/41€376k€263k▼
Trade receivables40€321k€204k▼
Other amounts receivable41€55k€59k▲
Current investments50/53€803k€953k▲
Cash at bank and in hand54/58€88k€114k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.42M▲
Equity10/15€1.05M€1.08M▲
Contributions10/11€25k€25k=
Reserves13€1.03M€1.06M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.03M€1.06M▲
Amounts payable17/49€316k€343k▲
Amounts payable after more than one year17€47k€35k▼
Financial debts170/4€47k€35k▼
Amounts payable within one year42/48€264k€196k▼
Current portion of amounts payable after more than one year42€14k€12k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€44k€36k▼
Suppliers440/4€44k€36k▼
Taxes, remuneration and social security45€77k€25k▼
Taxes450/3€52k€0▼
Remuneration and social security454/9€26k€25k▼
Other amounts payable47/48€129k€123k▼
Accrued charges and deferred income492/3€5k€112k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€261k€246k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€13k▼
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€0€0▼
Gross operating margin9900€429k€315k▼
Operating profit (loss)9901€140k€50k▼
Financial income75/76B€535€1k▲
Recurring financial income75€535€1k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€135k€47k▼
Income taxes67/77€42k€15k▼
Profit (loss) for the period9904€94k€32k▼
Profit (loss) for the period to be appropriated9905€94k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€32k▼
Transfer to equity691/2€94k€32k▼
To other reserves6921€94k€32k▼
Social balance
Average headcount (FTE)90874.80.0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €32k ▼66.4%
Net result drops to €32k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.05M ▲9.8%
6 profitable years in a row build equity to €1.05M.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €273k ▲310%
Operating result €413k, net result €273k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
31-12
Financial
Equity above €500kEq €606k ▲50.2%
2 profitable years in a row build equity to €606k.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waremme · 1 establishment unit since 1995
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.
Au Fonds Râce 384300 WaremmeGround area
1,462 m²
Building footprint
623 m²
Volume, LiDAR
3,702 m³
Parcel 64074B0163/00K002, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NETWORK CABLING SOLUTIONS
since 19952.070.694.533
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0163/00K002 | Wallonia | 1,462 m² | 1 · 623 m² | 6.8 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
SERVICES IN HEALTH ECONOMICS
BE 0898.399.449
Sint-Pieters-Woluwe · Eq €1,085,868
SKYEBASE
BE 0749.925.014
Kapellen · Eq €1,088,353
EUROFINS EURACETA
BE 0450.941.617
Villers-le-Bouillet · Eq €1,073,717
Eurofins BfB Oil Research
BE 0453.766.394
Gembloux · Eq €1,093,202
TÛV NORD INTEGRA
BE 0465.666.712
Antwerpen · Eq €1,130,203
Of 2,145 companies in sector 71209 we hold annual accounts for 1,086. 552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-1994
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
71209Other technical testing and analysis
25210Manufacture of fabricated metal products, except machinery and equipment
33200Installation of industrial machinery and equipment
62900Other information technology and computer services
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:+3219330152
E-mail:gvranken@ncsbel.be