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HET NETWERK

Active
Private limited companyfounded 20242 yrs activeGemeenteplein 44B, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1010.774.246
Summary

HET NETWERK has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€101,203) and a net result of -€104,203. Its solvency ranks better than 9% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.22; short-term debt: 0.2% and cash: 0.5% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
-27.8%
Return on assets
-28.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 26 June 2024, HET NETWERK was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€101,203
Total assets
€364,111
Net result
-€104,203
Working capital
€1,682

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €364,111
Fixed assets €361,673
Current assets €2,437
Key figures and ratios
2025 value
EBITDA
-€94,314
Cash flow
-€94,527
Solvency
-27.8%
Current ratio
3.22
Debt to equity
-4.60
ROA
-28.6%
Interest coverage
-436.98
Debt
€465,314
Debt ≤ 1 year
€756
Debt > 1 year
€464,558

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,638 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€364,111
Fixed assets21/28€361,673
Tangible fixed assets22/27€361,673
Land and buildings22€351,718
Plant, machinery and equipment23€4,018
Furniture and vehicles24€5,938
Current assets29/58€2,437
Amounts receivable within one year40/41€521
Other amounts receivable41€521
Cash at bank and in hand54/58€1,916
Equity and liabilities
Total equity and liabilities10/49€364,111
Equity10/15-€101,203
Contributions10/11€3,000
Profit (loss) carried forward14-€104,203
Amounts payable17/49€465,314
Amounts payable after more than one year17€464,558
Financial debts170/4€464,558
Amounts payable within one year42/48€756
Trade debts44€756
Suppliers440/4€756
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,676
Other operating charges640/8€63,422
Gross operating margin9900-€30,892
Operating profit (loss)9901-€103,990
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€216
Recurring financial charges65€216
Profit (loss) for the period before taxes9903-€104,203
Profit (loss) for the period9904-€104,203
Profit (loss) for the period to be appropriated9905-€104,203
Appropriation of the result
Profit (loss) to be appropriated9906-€104,203

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,676
Other operating charges640/8€63,422
Gross operating margin9900-€30,892
Operating profit (loss)9901-€103,990
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€216
Recurring financial charges65€216
Profit (loss) for the period before taxes9903-€104,203
Profit (loss) for the period9904-€104,203
Profit (loss) for the period to be appropriated9905-€104,203
Line2025
Assets
Total assets20/58€364,111
Fixed assets21/28€361,673
Tangible fixed assets22/27€361,673
Land and buildings22€351,718
Plant, machinery and equipment23€4,018
Furniture and vehicles24€5,938
Current assets29/58€2,437
Amounts receivable within one year40/41€521
Other amounts receivable41€521
Cash at bank and in hand54/58€1,916
Equity and liabilities
Total equity and liabilities10/49€364,111
Equity10/15-€101,203
Contributions10/11€3,000
Profit (loss) carried forward14-€104,203
Amounts payable17/49€465,314
Amounts payable after more than one year17€464,558
Financial debts170/4€464,558
Amounts payable within one year42/48€756
Trade debts44€756
Suppliers440/4€756
Line2025
Profit (loss) for the period9904-€104,203
+ Depreciation and write-downs630€9,676
Operating cash flow (approximation)-€94,527

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
887 m²
Building footprint
655 m²
Volume, LiDAR
4,746 m³
Parcel 31333H0614/00B003, Flanders · tallest building 26.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HET NETWERK
Gemeenteplein 44B, 8300 Knokke-HeistConstruction of residential and non-residential buildings
since 20242.361.284.658
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31333H0614/00B003 Flanders 887 m² 1 · 655 m² 26.5 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,294 companies in sector 68122 we hold annual accounts for 904. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
47690Retail sale of other cultural and recreation goods
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010774246
Also 9925:BE1010774246
Registered 13-10-2025

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.