NET 7
ActiveSummary
NET 7 has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,945 and a net result of -€33,859. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency76▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 3.18 in 2024; short-term debt: 46.3% and cash: 56.3% of total assets), and 48.7% of the assets are financed with debt.
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Signals
Seven 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
51.3%
Return on assets
-37%
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 -€33,859
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
31 d early
2023
14 d early
2022
18 d early
2021
16 d early
2020
30 d late
2019
139 d late
← 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 4 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Rixensart, Telecoms and IT sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€33,859▼ 45.7%
2024 · -€23,238
Working capital
€45,056▼ 41.1%
2024 · €76,548
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,837▲ 9.2%€497▼ 98.7%€10,285▲ 1,969%-€33,673-€31,139▲ 7.5%
Net result€21,186▼ 24.5%-€5,327€2,782-€23,238-€33,859▼ 45.7%
Equity€156,401▲ 15.7%€151,074▼ 3.4%€153,857▲ 1.8%€80,804▼ 47.5%€46,945▼ 41.9%
Total assets€251,985▲ 21.4%€236,146▼ 6.3%€186,602▼ 21.0%€117,187▼ 37.2%€91,584▼ 21.8%
Debt€95,583▲ 32.2%€85,072▼ 11.0%€32,745▼ 61.5%€36,383▲ 11.1%€44,639▲ 22.7%
Working capital€204,328▲ 21.6%€184,953▼ 9.5%€146,750▼ 20.7%€76,548▼ 47.8%€45,056▼ 41.1%
Staff (FTE)2.9▼ 3.3%3▲ 3.4%3=3=3=
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,139 in 2025 against €33,673 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,584
Fixed assets
€4,089 ▼ 26.3%
Current assets
€87,495 ▼ 21.6%
Equity and liabilities €91,584
Equity
€46,945 ▼ 41.9%
Debt
€44,639 ▲ 22.7%
Debt's share of the balance-sheet total rises from 31.0% to 48.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€28,247▲
2024 · -€31,203
Cash flow
-€30,967▼
2024 · -€20,767
Current ratio
2.06▼
2024 · 3.18
Debt to equity
0.95▲
2024 · 0.45
ROE
-72.1%▼
2024 · -28.8%
ROA
-37.0%▼
2024 · -19.8%
Interest coverage
-11.78▲
2024 · -21.40
Debt ≤ 1 year
€42,439▲
2024 · €35,091
Income taxes
€562▼
2024 · €568
Staff costs
€169,126▲
2024 · €165,939
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
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: 0.1% 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 497,058 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% | 1.6% |
| 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 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 5,827 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €17,126 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €105,946 | €164,554 | €156,273 | €165,939 | €169,126 | ▲ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,257 | €1,751 | €3,945 | €2,470 | €2,891 | ▲ 17.0% |
| Other operating charges640/8 | €348 | €473 | €5,539 | €387 | €466 | ▲ 20.3% |
| Gross operating margin9900 | €144,387 | €167,274 | €176,041 | €135,123 | €141,344 | ▲ 4.6% |
| Operating profit (loss)9901 | €36,837 | €497 | €10,285 | -€33,673 | -€31,139 | ▲ 7.5% |
| Financial income75/76B | €3 | €0 | €0 | €12,462 | €240 | ▼ 98.1% |
| Recurring financial income75 | €3 | €0 | €0 | €0 | €240 | ▲ 342,757% |
| Non-recurring financial income76B | - | - | - | €12,462 | €0 | ▼ 100% |
| Financial charges65/66B | €1,401 | €443 | €193 | €1,458 | €2,398 | ▲ 64.4% |
| Recurring financial charges65 | €1,401 | €443 | €193 | €1,458 | €2,398 | ▲ 64.4% |
| Profit (loss) for the period before taxes9903 | €35,439 | €54 | €10,092 | -€22,669 | -€33,297 | ▼ 46.9% |
| Income taxes67/77 | €14,253 | €5,381 | €7,310 | €568 | €562 | ▼ 1.1% |
| Profit (loss) for the period9904 | €21,186 | -€5,327 | €2,782 | -€23,238 | -€33,859 | ▼ 45.7% |
| Profit (loss) for the period to be appropriated9905 | €21,186 | -€5,327 | €2,782 | -€23,238 | -€33,859 | ▼ 45.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €251,985 | €236,146 | €186,602 | €117,187 | €91,584 | ▼ 21.8% |
| Fixed assets21/28 | €4,043 | €5,886 | €7,107 | €5,548 | €4,089 | ▼ 26.3% |
| Tangible fixed assets22/27 | €2,813 | €4,656 | €5,877 | €4,318 | €4,039 | ▼ 6.5% |
| Plant, machinery and equipment23 | €2,070 | €2,957 | €3,036 | €3,854 | €3,938 | ▲ 2.2% |
| Furniture and vehicles24 | €743 | €1,699 | €2,841 | €464 | €101 | ▼ 78.2% |
| Financial fixed assets28 | €1,230 | €1,230 | €1,230 | €1,230 | €50 | ▼ 95.9% |
| Current assets29/58 | €247,942 | €230,259 | €179,495 | €111,639 | €87,495 | ▼ 21.6% |
| Amounts receivable within one year40/41 | €155,988 | €116,734 | €70,119 | €79,960 | €33,385 | ▼ 58.2% |
| Trade receivables40 | €150,834 | €111,580 | €68,187 | €78,783 | €32,208 | ▼ 59.1% |
| Other amounts receivable41 | €5,154 | €5,154 | €1,932 | €1,176 | €1,176 | = |
| Current investments50/53 | €49,815 | €49,815 | €49,815 | €0 | €1,800 | - |
| Cash at bank and in hand54/58 | €40,616 | €62,238 | €57,109 | €25,536 | €51,602 | ▲ 102% |
| Deferred charges and accrued income490/1 | €1,523 | €1,472 | €2,453 | €6,143 | €709 | ▼ 88.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €251,985 | €236,146 | €186,602 | €117,187 | €91,584 | ▼ 21.8% |
| Equity10/15 | €156,401 | €151,074 | €153,857 | €80,804 | €46,945 | ▼ 41.9% |
| Contributions10/11 | €111,552 | €111,552 | €111,552 | €111,552 | €111,552 | = |
| Capital10 | - | €111,552 | €111,552 | €111,552 | €111,552 | = |
| Issued capital100 | - | €111,552 | €111,552 | €111,552 | €111,552 | = |
| Outside capital11 | €111,552 | €0 | - | - | - | - |
| Other1109/19 | €111,552 | €0 | - | - | - | - |
| Reserves13 | €60,970 | €60,970 | €60,970 | €11,155 | €12,955 | ▲ 16.1% |
| Non-distributable reserves130/1 | €60,970 | €60,970 | €60,970 | €11,155 | €12,955 | ▲ 16.1% |
| Legal reserve130 | - | €11,155 | €11,155 | €11,155 | €11,155 | = |
| Reserves not available under the articles1311 | €11,155 | €0 | - | - | - | - |
| Own shares acquired1312 | €49,815 | €49,815 | €49,815 | €0 | €1,800 | - |
| Profit (loss) carried forward14 | -€16,121 | -€21,448 | -€18,666 | -€41,903 | -€77,562 | ▼ 85.1% |
| Amounts payable17/49 | €95,583 | €85,072 | €32,745 | €36,383 | €44,639 | ▲ 22.7% |
| Amounts payable within one year42/48 | €43,614 | €45,307 | €32,745 | €35,091 | €42,439 | ▲ 20.9% |
| Trade debts44 | €11,185 | €2,379 | €3,923 | €1,988 | €11,862 | ▲ 497% |
| Suppliers440/4 | €11,185 | €2,379 | €3,923 | €1,988 | €11,862 | ▲ 497% |
| Advances received on contracts in progress46 | - | - | €304 | €0 | - | - |
| Taxes, remuneration and social security45 | €32,429 | €42,928 | €28,519 | €33,103 | €30,578 | ▼ 7.6% |
| Taxes450/3 | €23,306 | €26,114 | €12,691 | €15,627 | €9,084 | ▼ 41.9% |
| Remuneration and social security454/9 | €9,123 | €16,814 | €15,828 | €17,476 | €21,493 | ▲ 23.0% |
| Accrued charges and deferred income492/3 | €51,969 | €39,765 | €0 | €1,292 | €2,200 | ▲ 70.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,186 | -€5,327 | €2,782 | -€23,238 | -€33,859 | ▼ 45.7% |
| + Depreciation and write-downs630 | €1,257 | €1,751 | €3,945 | €2,470 | €2,891 | ▲ 17.0% |
| Operating cash flow (approximation) | €22,443 | -€3,576 | €6,728 | -€20,767 | -€30,967 | ▼ 49.1% |
| Investment in fixed assets (approximation) | - | -€3,594 | -€5,166 | -€912 | -€1,432 | ▼ 57.1% |
| Change in cash | - | €21,622 | -€5,129 | -€31,573 | €26,066 | ▲ 183% |
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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €2,782
Net result €2,782 after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150,000Eq €156,401 ▲15.7%
2 profitable years in a row build equity to €156,401.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €28,052
Net result €28,052 after 2 loss-making years.
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 139 days late
2019
31-12
Financial
Weakest financial yearnet -€35,569
Net result drops to -€35,569, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Rixensart · 1 establishment unit since 1998
Ground area
3,162 m²
Building footprint
346 m²
Volume, LiDAR
2,585 m³
Parcel 25092B0036/00A000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
NET7 S.A.
since 19982.079.217.962
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25092B0036/00A000 | Wallonia | 3,162 m² | 1 · 346 m² | 10.3 m · 3 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.
Structure & network
Owners and holdings
3 ownersOwners 3
- 7 Netnatural personSourceown accounts 202120%
- Benoît Demiddeleernatural personSourceown accounts 202120%
- Herman Huguesnatural personSourceown accounts 202120%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceown accounts 202140%
Holdings 0
The accounts to 31-12-2021 list no holdings, and no other source names one.
According to the 2021 annual accounts of NET 7 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.
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,743. 1,339 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-11-1996
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459233236
Registered
06-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.