BOTHANET SERVICES
ActiveSummary
BOTHANET SERVICES has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€359,473. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 1073 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency89▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.68 in 2024; short-term debt: 19.9% and cash: 5% of total assets), and 36.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
63.7%
Return on assets
-16.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€359,473
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
21 d early
2023
32 d early
2022
27 d early
2021
52 d early
2020
36 d early
2019
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€359,473▼ 498%
2024 · -€60,132
Working capital
-€10,729
2024 · €198,899
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service 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
Line20212022202320242025
Operating result-€31,660▲ 36.3%-€80,154▼ 153%-€28,035▲ 65.0%-€39,402▼ 40.5%-€345,849▼ 778%
Net result-€12,612below the sector's middle half▲ 54.2%-€90,102below the sector's middle half▼ 614%-€51,872below the sector's middle half▲ 42.4%-€60,132below the sector's middle half▼ 15.9%-€359,473below the sector's middle half▼ 498%
Equity€1.9mabove the sector's middle half▼ 0.6%€1.8mabove the sector's middle half▼ 4.6%€1.8mabove the sector's middle half▼ 2.8%€1.7mabove the sector's middle half▼ 3.3%€1.4mabove the sector's middle half▼ 20.7%
Total assets€2.5mabove the sector's middle half▼ 4.2%€2.5mabove the sector's middle half▲ 3.5%€2.5mabove the sector's middle half▲ 0.4%€2.3mabove the sector's middle half▼ 10.0%€2.2mabove the sector's middle half▼ 5.7%
Debt€512,672▼ 15.8%€689,343▲ 34.5%€750,152▲ 8.8%€556,826▼ 25.8%€649,691▲ 16.7%
Working capital€982,190above the sector's middle half▼ 1.3%€308,709above the sector's middle half▼ 68.6%€244,669above the sector's middle half▼ 20.7%€198,899within the sector's middle half▼ 18.7%-€10,729within the sector's middle half
Solvency79.1%above the sector's middle half▲ 2.9pp72.8%above the sector's middle half▼ 6.2pp70.5%above the sector's middle half▼ 2.3pp75.7%above the sector's middle half▲ 5.2pp63.7%above the sector's middle half▼ 12.0pp
Current ratio4.59above the sector's middle half▲ 0.511.89within the sector's middle half▼ 2.691.56within the sector's middle half▼ 0.341.68within the sector's middle half▲ 0.120.98within the sector's middle half▼ 0.71
Return on assets (ROA)-0.5%within the sector's middle half▲ 0.6pp-3.6%within the sector's middle half▼ 3.0pp-2.0%below the sector's middle half▲ 1.5pp-2.6%below the sector's middle half▼ 0.6pp-16.6%below the sector's middle half▼ 14.0pp
Staff (FTE)55.6above the sector's middle half▼ 11.7%53.6above the sector's middle half▼ 3.6%53.6above the sector's middle half=53.6above the sector's middle half=47above the sector's middle half▼ 12.3%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -498% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €345,849 in 2025 against €39,402 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.7m ▼ 3.4%
Current assets
€420,362 ▼ 14.2%
Equity and liabilities €2.2m
Equity
€1.4m ▼ 20.7%
Provisions
€135,400
Debt
€649,691 ▲ 16.7%
Debt's share of the balance-sheet total rises from 24.3% to 30.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€277,387▼
2024 · €28,366
Cash flow
-€291,011▼
2024 · €7,637
Debt to equity
0.47▲
2024 · 0.32
ROE
-26.1%▼
2024 · -3.5%
Interest coverage
-18.72▼
2024 · 1.34
Debt ≤ 1 year
€431,091▲
2024 · €291,248
Debt > 1 year
€217,420▼
2024 · €264,350
Income taxes
€461▼
2024 · €474
Staff costs
€2.0m▼
2024 · €2.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.1%
went bankrupt
8.8%
stopped otherwise
90%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 928 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.9m | €2.1m | €2.0m | €2.1m | €2.0m | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,161 | €58,835 | €74,642 | €67,769 | €68,462 | ▲ 1.0% |
| Other operating charges640/8 | €5,730 | €5,990 | €12,470 | €17,381 | €10,403 | ▼ 40.1% |
| Non-recurring operating charges66A | - | €29,810 | €0 | €5,852 | €149,646 | ▲ 2,457% |
| Gross operating margin9900 | €1.9m | €2.1m | €2.1m | €2.1m | €1.9m | ▼ 9.9% |
| Operating profit (loss)9901 | -€31,660 | -€80,154 | -€28,035 | -€39,402 | -€345,849 | ▼ 778% |
| Financial income75/76B | €31,749 | €616 | €78 | €896 | €1,657 | ▲ 84.9% |
| Recurring financial income75 | €7,045 | €616 | €78 | €896 | €1,657 | ▲ 84.9% |
| Non-recurring financial income76B | €24,704 | €0 | - | - | - | - |
| Financial charges65/66B | €12,237 | €9,934 | €23,447 | €21,151 | €14,820 | ▼ 29.9% |
| Recurring financial charges65 | €12,237 | €9,934 | €23,447 | €21,151 | €14,820 | ▼ 29.9% |
| Profit (loss) for the period before taxes9903 | -€12,148 | -€89,471 | -€51,404 | -€59,658 | -€359,012 | ▼ 502% |
| Income taxes67/77 | €464 | €631 | €468 | €474 | €461 | ▼ 2.7% |
| Profit (loss) for the period9904 | -€12,612 | -€90,102 | -€51,872 | -€60,132 | -€359,473 | ▼ 498% |
| Transfer from tax-exempt reserves789 | - | €78,336 | €136,745 | €38,098 | €351,236 | ▲ 822% |
| Profit (loss) for the period to be appropriated9905 | -€12,612 | -€11,766 | €84,874 | -€22,033 | -€8,237 | ▲ 62.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.5m | €2.5m | €2.3m | €2.2m | ▼ 5.7% |
| Fixed assets21/28 | €1.2m | €1.9m | €1.9m | €1.8m | €1.7m | ▼ 3.4% |
| Intangible fixed assets21 | - | - | - | - | €2,588 | - |
| Tangible fixed assets22/27 | €935,076 | €1.6m | €1.6m | €1.5m | €1.5m | ▼ 4.1% |
| Land and buildings22 | €906,100 | €1.6m | €1.6m | €1.5m | €1.5m | ▼ 3.9% |
| Plant, machinery and equipment23 | €19,675 | €13,487 | €5,910 | €6,139 | €3,481 | ▼ 43.3% |
| Furniture and vehicles24 | €0 | - | - | €3,121 | €2,068 | ▼ 33.7% |
| Other tangible fixed assets26 | €9,302 | €0 | - | - | - | - |
| Financial fixed assets28 | €259,535 | €259,535 | €259,535 | €259,535 | €259,535 | = |
| Current assets29/58 | €1.3m | €654,042 | €682,463 | €490,147 | €420,362 | ▼ 14.2% |
| Amounts receivable after more than one year29 | €567,762 | €32,692 | €47,591 | €47,818 | €44,818 | ▼ 6.3% |
| Other amounts receivable291 | €567,762 | €32,692 | €47,591 | €47,818 | €44,818 | ▼ 6.3% |
| Amounts receivable within one year40/41 | €246,114 | €263,883 | €268,187 | €210,731 | €230,858 | ▲ 9.6% |
| Trade receivables40 | €2,544 | €2,363 | €33,631 | €1,995 | €17,654 | ▲ 785% |
| Other amounts receivable41 | €243,570 | €261,520 | €234,556 | €208,736 | €213,204 | ▲ 2.1% |
| Current investments50/53 | €304,468 | €289,078 | €247,967 | €24,660 | €15,124 | ▼ 38.7% |
| Cash at bank and in hand54/58 | €113,365 | €49,369 | €110,827 | €186,376 | €109,109 | ▼ 41.5% |
| Deferred charges and accrued income490/1 | €24,367 | €19,020 | €7,892 | €20,562 | €20,453 | ▼ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.5m | €2.5m | €2.3m | €2.2m | ▼ 5.7% |
| Equity10/15 | €1.9m | €1.8m | €1.8m | €1.7m | €1.4m | ▼ 20.7% |
| Contributions10/11 | €33,075 | €33,075 | €33,075 | €33,075 | €33,075 | = |
| Reserves13 | €1.4m | €1.4m | €1.2m | €1.2m | €836,181 | ▼ 29.6% |
| Non-distributable reserves130/1 | €6,029 | €6,029 | €6,029 | €6,029 | €6,029 | = |
| Reserves not available under the articles1311 | €6,029 | €6,029 | €6,029 | €6,029 | €6,029 | = |
| Tax-exempt reserves132 | €1.4m | €1.4m | €1.2m | €1.2m | €830,152 | ▼ 29.7% |
| Profit (loss) carried forward14 | €464,345 | €452,579 | €537,453 | €515,419 | €507,182 | ▼ 1.6% |
| Provisions and deferred taxes16 | - | - | - | - | €135,400 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €135,400 | - |
| Environmental obligations163 | - | - | - | - | €135,400 | - |
| Amounts payable17/49 | €512,672 | €689,343 | €750,152 | €556,826 | €649,691 | ▲ 16.7% |
| Amounts payable after more than one year17 | €238,032 | €343,378 | €311,831 | €264,350 | €217,420 | ▼ 17.8% |
| Financial debts170/4 | €238,032 | €343,378 | €311,831 | €264,350 | €217,420 | ▼ 17.8% |
| Amounts payable within one year42/48 | €273,887 | €345,333 | €437,794 | €291,248 | €431,091 | ▲ 48.0% |
| Current portion of amounts payable after more than one year42 | €49,124 | €58,060 | €57,737 | €51,195 | €49,996 | ▼ 2.3% |
| Financial debts43 | €33,412 | €33,425 | €37,206 | €40,824 | €37,152 | ▼ 9.0% |
| Credit institutions430/8 | - | - | - | €3,569 | €14 | ▼ 99.6% |
| Other loans439 | €33,412 | €33,425 | €37,206 | €37,256 | €37,138 | ▼ 0.3% |
| Trade debts44 | €24,729 | €13,056 | €55,269 | €13,076 | €19,303 | ▲ 47.6% |
| Suppliers440/4 | €24,729 | €13,056 | €55,269 | €13,076 | €19,303 | ▲ 47.6% |
| Advances received on contracts in progress46 | - | €1,752 | €1,752 | €1,752 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €166,500 | €238,846 | €285,527 | €184,295 | €324,639 | ▲ 76.2% |
| Taxes450/3 | €5,359 | €9,866 | €10,470 | €7,766 | €9,455 | ▲ 21.8% |
| Remuneration and social security454/9 | €161,141 | €228,980 | €275,057 | €176,529 | €315,184 | ▲ 78.5% |
| Other amounts payable47/48 | €122 | €194 | €304 | €107 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €753 | €631 | €527 | €1,228 | €1,179 | ▼ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,612 | -€90,102 | -€51,872 | -€60,132 | -€359,473 | ▼ 498% |
| + Depreciation and write-downs630 | €50,161 | €58,835 | €74,642 | €67,769 | €68,462 | ▲ 1.0% |
| Operating cash flow (approximation) | €37,549 | -€31,267 | €22,770 | €7,637 | -€291,011 | ▼ 3,910% |
| Investment in fixed assets (approximation) | - | -€747,438 | -€55,158 | -€6,628 | -€7,038 | ▼ 6.2% |
| Change in cash | - | -€63,996 | €61,458 | €75,549 | -€77,266 | ▼ 202% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€359,473
Net result drops to -€359,473, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €144,249 ▲146%
Operating result €166,924, net result €144,249, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
13 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, Sivry-Rance · 3 establishment units since 2006
Ground area
3,901 m²
Building footprint
930 m²
Volume, LiDAR
4,443 m³
3 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
3 establishment units
BOTHANET SERVICES
since 20062.219.015.451
sc Bothanet
since 20142.369.964.970
sc Bothanet
since 20252.369.965.465
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56016B0295/00W000 | Wallonia | 2,835 m² | 1 · 494 m² | 5.3 m · 1 fl. |
| 56061B0184/00T002 | Wallonia | 557 m² | 1 · 128 m² | 11.3 m · 3 fl. |
| 56005A0175/00E004 | Wallonia | 509 m² | 1 · 308 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- FONDATION DE LA BOTTE
- BOTHANET SERVICES
Highest known parent: FONDATION DE LA BOTTE. The sources do not say who stands above it.
Owners 1
- FONDATION DE LA BOTTEparentSourceown accounts 202590.69%
Holdings 1
-
99.75%
According to the 2025 annual accounts of BOTHANET SERVICES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
DIENSTENONDERNEMING KINROOI
BE 0455.283.356
Kinrooi · Eq €1,380,669
HCServices
BE 0892.989.918
Namur · Eq €1,363,468
Diensten.net
BE 0456.758.152
Knokke-Heist · Eq €1,411,049
DIENSTENONDERNEMING WEST-VLAAMSE SCHELDESTREEK
BE 0463.800.352
Avelgem · Eq €1,312,981
SOLIDATH
BE 0475.644.052
Ath · Eq €1,282,069
Of 807 companies in sector 96910 we hold annual accounts for 617. 274 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded09-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
96910Personal service activities
Contact
Phone
060/412150Sivry-Rance
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875968792
Registered
26-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.