ALSO NET
ActiveSummary
The computed 12-month bankruptcy probability of ALSO NET is 2.1% (moderate). The 2024 annual accounts show equity of €133,374 and a net result of €11,287. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 690 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability63▼-3
Solvency83▲+8
Growth85=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.02 against 1.97 in 2023; short-term debt: 41.8% and cash: 17.8% of total assets), and 42% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
153 d late
2022
153 d late
2021
153 d late
2020
122 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 148 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€641,400▲ 27.5%
2023 · €503,240
EBIT margin
3.5%▼ 0.1pp
2023 · 3.6%
Net result
€11,287▼ 37.4%
2023 · €18,043
Working capital
€98,200▼ 15.6%
2023 · €116,315
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€261,055▲ 144%€490,927▲ 88.1%€509,342▲ 3.8%€503,240▼ 1.2%€641,400▲ 27.5%
Operating result€19,214▼ 7.1%€52,230▲ 172%€27,493▼ 47.4%€18,198▼ 33.8%€22,544▲ 23.9%
Net result€17,398within the sector's middle half▼ 7.4%€42,858above the sector's middle half▲ 146%€18,576within the sector's middle half▼ 56.7%€18,043within the sector's middle half▼ 2.9%€11,287within the sector's middle half▼ 37.4%
EBIT margin7.4%▼ 12.0pp10.6%▲ 3.3pp5.4%▼ 5.2pp3.6%▼ 1.8pp3.5%▼ 0.1pp
Equity€42,611within the sector's middle half▲ 69.0%€85,469within the sector's middle half▲ 101%€104,044within the sector's middle half▲ 21.7%€122,088within the sector's middle half▲ 17.3%€133,374within the sector's middle half▲ 9.2%
Total assets€75,899within the sector's middle half▲ 23.0%€132,230within the sector's middle half▲ 74.2%€211,824within the sector's middle half▲ 60.2%€243,035within the sector's middle half▲ 14.7%€229,970below the sector's middle half▼ 5.4%
Debt€33,288▼ 8.7%€46,761▲ 40.5%€107,780▲ 130%€120,947▲ 12.2%€96,595▼ 20.1%
Working capital€45,628within the sector's middle half▲ 11.8%€76,141above the sector's middle half▲ 66.9%€90,638within the sector's middle half▲ 19.0%€116,315within the sector's middle half▲ 28.3%€98,200within the sector's middle half▼ 15.6%
Solvency56.1%within the sector's middle half▲ 15.3pp64.6%above the sector's middle half▲ 8.5pp49.1%within the sector's middle half▼ 15.5pp50.2%within the sector's middle half▲ 1.1pp58.0%above the sector's middle half▲ 7.8pp
Current ratio6.21above the sector's middle half3.17above the sector's middle half▼ 3.031.85within the sector's middle half▼ 1.331.97within the sector's middle half▲ 0.122.02within the sector's middle half▲ 0.06
Return on assets (ROA)22.9%above the sector's middle half▼ 7.5pp32.4%above the sector's middle half▲ 9.5pp8.8%within the sector's middle half▼ 23.6pp7.4%within the sector's middle half▼ 1.3pp4.9%within the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 24% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229,970
Fixed assets
€35,698 ▲ 467%
Current assets
€194,272 ▼ 17.9%
Equity and liabilities €229,970
Equity
€133,374 ▲ 9.2%
Debt
€96,595 ▼ 20.1%
Debt's share of the balance-sheet total falls from 49.8% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32,023▲
2023 · €25,832
Cash flow
€20,766▼
2023 · €25,677
Debt to equity
0.72▼
2023 · 0.99
ROE
8.5%▼
2023 · 14.8%
Interest coverage
164.35▼
2023 · 166.60
Debt ≤ 1 year
€96,072▼
2023 · €120,424
Debt > 1 year
€523=
2023 · €523
Income taxes
€11,062
Staff costs
€155,686▲
2023 · €84,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €261,055 | €490,927 | €509,342 | €503,240 | €641,400 | ▲ 27.5% |
| Non-recurring operating income76A | - | €2,402 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €253,021 | €342,702 | €387,178 | €444,008 | ▲ 14.7% |
| Remuneration, social security and pensions62 | - | €177,782 | €123,492 | €84,811 | €155,686 | ▲ 83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,134 | €8,010 | €8,915 | €7,633 | €9,479 | ▲ 24.2% |
| Other operating charges640/8 | - | €2,286 | €6,740 | €5,420 | €9,683 | ▲ 78.7% |
| Gross operating margin9900 | €95,484 | €240,308 | €166,640 | €116,063 | €197,392 | ▲ 70.1% |
| Operating profit (loss)9901 | €19,214 | €52,230 | €27,493 | €18,198 | €22,544 | ▲ 23.9% |
| Financial charges65/66B | - | €2,089 | €1,486 | €155 | €195 | ▲ 25.7% |
| Recurring financial charges65 | €1,249 | €1,295 | €1,486 | €155 | €195 | ▲ 25.7% |
| Non-recurring financial charges66B | - | €794 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €17,966 | €50,140 | €26,007 | €18,043 | €22,349 | ▲ 23.9% |
| Income taxes67/77 | €568 | €7,282 | €7,431 | - | €11,062 | - |
| Profit (loss) for the period9904 | €17,398 | €42,858 | €18,576 | €18,043 | €11,287 | ▼ 37.4% |
| Profit (loss) for the period to be appropriated9905 | €17,398 | €42,858 | €18,576 | €18,043 | €11,287 | ▼ 37.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,899 | €132,230 | €211,824 | €243,035 | €229,970 | ▼ 5.4% |
| Fixed assets21/28 | €21,504 | €21,062 | €13,930 | €6,296 | €35,698 | ▲ 467% |
| Tangible fixed assets22/27 | €20,834 | €20,392 | €13,150 | €5,516 | €34,918 | ▲ 533% |
| Plant, machinery and equipment23 | - | €2,830 | €3,213 | €1,605 | €1,510 | ▼ 5.9% |
| Furniture and vehicles24 | - | €17,562 | €9,937 | €3,912 | €33,408 | ▲ 754% |
| Financial fixed assets28 | €670 | €670 | €780 | €780 | €780 | = |
| Current assets29/58 | €54,394 | €111,168 | €197,895 | €236,739 | €194,272 | ▼ 17.9% |
| Amounts receivable within one year40/41 | €45,615 | €105,274 | €197,895 | €236,739 | €153,288 | ▼ 35.3% |
| Trade receivables40 | - | €50,656 | €124,215 | €134,950 | €33,474 | ▼ 75.2% |
| Other amounts receivable41 | - | €54,617 | €73,680 | €101,789 | €119,814 | ▲ 17.7% |
| Cash at bank and in hand54/58 | €8,780 | €5,895 | - | - | €40,984 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,899 | €132,230 | €211,824 | €243,035 | €229,970 | ▼ 5.4% |
| Equity10/15 | €42,611 | €85,469 | €104,044 | €122,088 | €133,374 | ▲ 9.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | €36,411 | €79,269 | €97,844 | €115,888 | €127,174 | ▲ 9.7% |
| Amounts payable17/49 | €33,288 | €46,761 | €107,780 | €120,947 | €96,595 | ▼ 20.1% |
| Amounts payable after more than one year17 | €24,522 | €11,733 | €523 | €523 | €523 | = |
| Financial debts170/4 | - | €11,733 | €523 | €523 | €523 | = |
| Amounts payable within one year42/48 | €8,766 | €35,028 | €107,257 | €120,424 | €96,072 | ▼ 20.2% |
| Financial debts43 | - | - | €1,150 | €2,295 | - | - |
| Credit institutions430/8 | - | - | €1,150 | €2,295 | - | - |
| Trade debts44 | €1,371 | €2,738 | €73,715 | €97,447 | €66,880 | ▼ 31.4% |
| Suppliers440/4 | - | €2,738 | €73,715 | €97,447 | €66,880 | ▼ 31.4% |
| Taxes, remuneration and social security45 | - | €32,290 | €32,391 | €20,682 | €29,192 | ▲ 41.2% |
| Taxes450/3 | - | €3,592 | €4,020 | €7,013 | €431 | ▼ 93.9% |
| Remuneration and social security454/9 | - | €28,698 | €28,372 | €13,669 | €28,762 | ▲ 110% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,398 | €42,858 | €18,576 | €18,043 | €11,287 | ▼ 37.4% |
| + Depreciation and write-downs630 | €5,134 | €8,010 | €8,915 | €7,633 | €9,479 | ▲ 24.2% |
| Operating cash flow (approximation) | €22,532 | €50,868 | €27,490 | €25,677 | €20,766 | ▼ 19.1% |
| Investment in fixed assets (approximation) | - | -€7,567 | -€1,783 | €0 | -€38,880 | - |
| Change in cash | - | -€2,885 | - | - | - | - |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 153 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 153 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
2022
31-12
Financial
Equity above €100,000Eq €104,044 ▲21.7%
5 profitable years in a row build equity to €104,044.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Highest result since 2018net €42,858 ▲146%
Operating result €52,230, net result €42,858, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
Financial
Liquidity times 80current ratio 371.21
Current ratio from 4.64 to 371.21; short-term debt falls from €5,511 to €110.
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 145 days late
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, Sint-Jans-Molenbeek · 1 establishment unit since 2018
Ground area
235 m²
Building footprint
234 m²
Volume, LiDAR
1,959 m³
Parcel 21523B0939/00T101, Brussels · tallest building 18.4 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ALSO NET
since 20182.300.533.261
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0939/00T101 | Brussels | 235 m² | 1 · 234 m² | 18.4 m · 1 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.
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Of 1,706 companies in sector 81230 we hold annual accounts for 473. 360 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 (pre-2019)
Founded23-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0694979957
Also
9925:BE0694979957
Registered
30-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.