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ADVANCED NETWORKS

Active
Private limited companyfounded 200620 yrs activeExcelsiorlaan 45, 1930 Zaventem, BelgiumKBO/BCE: BE 0881.409.504

ADVANCED NETWORKS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €-22k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
50 / 100
Fair▼ -50 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency48▼-52
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 3.34 in 2024), and 69.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises 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 20 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
30.1%
Return on assets
-9.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
44 d early
2023
50 d early
2022
4 d early
2021
43 d late
2020
3 d early
2019
7 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 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, micro schema

Equity
€72k▼ 76.8%
2024 · €309k
2019: €223k 2020: €213k 2021: €152k 2022: €224k 2023: €301k 2024: €309k
2019 → 2025
Total assets
€238k▼ 44.9%
2024 · €432k
2019: €473k 2020: €340k 2021: €329k 2022: €359k 2023: €429k 2024: €432k
2019 → 2025
Net result
€-22k
2024 · €223k
2019: €89k 2020: €-10k 2021: €129k 2022: €72k 2023: €77k 2024: €223k
2019 → 2025
Working capital
€6k▼ 97.3%
2024 · €239k
2019: €72k 2020: €83k 2021: €37k 2022: €154k 2023: €236k 2024: €239k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€152k-€224k▲ 47.7%€301k▲ 34.4%€309k▲ 2.6%€72k▼ 76.8%
Operating result€176k-€97k▼ 45.0%€97k▲ 0.6%€305k▲ 214%€-17k
Net result€129k-€72k▼ 43.8%€77k▲ 6.6%€223k▲ 189%€-22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2021: €176k€176kNet result 2021: €129k€129kOperating result 2022: €97k€97kNet result 2022: €72k€72kOperating result 2023: €97k€97kNet result 2023: €77k€77kOperating result 2024: €305k€305kNet result 2024: €223k€223kOperating result 2025: €-17k€-17kNet result 2025: €-22k€-22k20212022202320242025
The operating result turns negative in 2025: a loss of €17k after €305k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets €71k▼ 22.3%
Current assets €168k▼ 50.9%
Equity and liabilities €238k
Equity €72k▼ 76.8%
Debt €166k▲ 35.6%
The debt ratio rises from 28.4% to 69.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €342k
Cash flow
€12k
2024 · €260k
Solvency
30.1%
2024 · 71.6%
Current ratio
1.04
2024 · 3.34
Quick ratio
0.93
2024 · 3.25
Debt / equity
2.32
2024 · 0.40
ROE
-31.3%
2024 · 72.1%
ROA
-9.4%
2024 · 51.6%
Interest coverage
3.89
2024 · 55.45
Debt
€166k
2024 · €123k
Debt ≤ 1 year
€161k
2024 · €102k
Debt > 1 year
€5k
2024 · €21k
Income taxes
€929
2024 · €76k
Staff costs
€251k
2024 · €280k
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€432k€238k
Fixed assets21/28€91k€71k
Tangible fixed assets22/27€90k€70k
Plant, machinery and equipment23€7k€6k
Furniture and vehicles24€31k€26k
Leasing and similar rights25€51k€38k
Other tangible fixed assets26€1k€0
Financial fixed assets28€480€480=
Current assets29/58€341k€168k
Stocks and contracts in progress3€9k€17k
Stocks30/36€9k€17k
Amounts receivable within one year40/41€148k€83k
Trade receivables40€140k€77k
Other amounts receivable41€8k€6k
Cash at bank and in hand54/58€171k€58k
Deferred charges and accrued income490/1€13k€9k
Equity and liabilities
Total equity and liabilities10/49€432k€238k
Equity10/15€309k€72k
Contributions10/11€20k€20k=
Reserves13€66k€66k=
Non-distributable reserves130/1€12k€12k=
Other1319€12k€12k=
Tax-exempt reserves132€53k€53k=
Profit (loss) carried forward14€224k€-14k
Amounts payable17/49€123k€166k
Amounts payable after more than one year17€21k€5k
Financial debts170/4€21k€5k
Amounts payable within one year42/48€102k€161k
Current portion of amounts payable after more than one year42€21k€15k
Trade debts44€15k€6k
Suppliers440/4€15k€6k
Taxes, remuneration and social security45€66k€73k
Taxes450/3€30k€12k
Remuneration and social security454/9€37k€62k
Other amounts payable47/48€27€67k
Income statement Code20242025
Remuneration, social security and pensions62€280k€251k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k
Other operating charges640/8€7k€8k
Non-recurring operating charges66A€0-
Gross operating margin9900€629k€276k
Operating profit (loss)9901€305k€-17k
Financial income75/76B€440€311
Recurring financial income75€440€311
Non-recurring financial income76B€0-
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€299k€-22k
Income taxes67/77€76k€929
Profit (loss) for the period9904€223k€-22k
Profit (loss) for the period to be appropriated9905€223k€-22k
Appropriation of the result
Profit (loss) to be appropriated9906€439k€201k
Profit (loss) brought forward from the previous period14P€216k€224k
Profit to be distributed694/7€215k€215k=
Return on contributions (dividend)694€215k€215k=
Social balance
Average headcount (FTE)90875.2-

The notes to these accounts (10 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 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €-22k ▼110%
Net result drops to €-22k, the lowest in the series.
2024
18-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial Highest result since 2019net €223k ▲189%
Operating result €305k, net result €223k, both a record.
2023
12-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
27-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €200kEq €224k ▲47.7%
2 profitable years in a row build equity to €224k.
15-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 43 days late
2021
30-06
Financial Back to profitnet €129k
Net result €129k after one loss-making year.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Zaventem · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Excelsiorlaan 451930 Zaventem
Ground area
3,158 m²
Building footprint
1,047 m²
Parcel 23094D0050/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
ADVANCED NETWORKS BVBA
Excelsiorlaan 45, 1930 ZaventemNACE 4521504
since 20062.154.391.972
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0050/00H002 Flanders 3,158 m² 1 · 1,047 m² -
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 5,489 EUR awarded · 5,489 EUR paid
Year Entries awardedpaid
2025 1 4,267 EUR4,267 EUR
2024 1 0 EUR36 EUR
2023 1 492 EUR456 EUR
2022 1 730 EUR730 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 5,489 EUR · 5,489 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

1 category
ADVANCED NETWORKS BV45325
category P1, class 2
decision 05-11-2025

Dual-learning approval

1 live approval
Datacommunicatie- en netwerkinstallaties duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 16,868 companies in sector 62100 we hold annual accounts for 8,779. 6,925 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-05-2006
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
72220
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
45215
45310
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.