Turnover
≈ €150,000 estimated
The micro format states no turnover.
Net-Flex
Overview
Lifetime
5 annual accounts with figures on one time axispeak €49,309 (2022)
€18,016▲ 189%
lowest -€2,100 (2024)
€4,892▲ €6,992
peak €71,793 (2025)
€71,793▲ 7.3%
€14,157▼ 24.7%
Board1 name since 2020
-
Documentsfilings and deeds
12-07-202619 days before the deadline
2025micro format
Gross margin from €6,241 to €18,016Back to profit: €4,892Debts from €18,809 to €14,157
Key points
from the 2025 annual accountsFilings
5 annual accounts since 2021
The last five annual accounts were filed 0 to 19 days before the end of the period.
Position in the sector
83.5%
Higher solvency than 88% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Net-Flex has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Net-Flex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardDirector, last mentioned in 2020
- founderdeed of 19-10-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0756650577
Incorporation
Founder: (partner) · 100 shares · Appointment: (director) · published on 19-10-2020 · Gazette deed
First establishment
Kolibriestraat 3, Leopoldsburg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Net-Flex Leopoldsburg | - | - | 83.5% | - |
| EMLEC SERVICES Sint-Truiden | - | - | -18.0% | - |
| Elektrotechniek De Droogh Aalst | - | - | 27.8% | - |
| INOTECH Namur | €183,278 | -1.4% | 77.3% | - |
| BRBCO Sint-Pieters-Leeuw | €148,689 | 8.6% | 29.9% | - |
| ELEKTRICKS Beveren-Kruibeke-Zwijndrecht | - | - | 48.0% | - |
| Modular Spaces Seneffe | - | - | 25.2% | - |
These companies have the same main activity as Net-Flex: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €73,400 and €92,700, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 15-10-2020Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.308.728.4743970 Leopoldsburg, since 15-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- €18,016▲ 189%
- €4,892
- €71,793▲ 7.3%
- €85,951▲ 0.3%
- 0.2 FTE
- Filing
- Filed on 12-07-2026, 19 days before the end of the filing period
Insights on Net-Flex
Net-Flex files the micro format. That format states no turnover. The gross margin fell from €41,115 in 2021 to €18,016 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 12-07-2026, 19 days before the deadline€18,016
▲ 189%
€6,934
▲ €8,139
€4,892
▲ €6,992
€62,243
▲ 16.9%
83.5%
▲ 5.5 percentage points
5.41
▲ 1.58
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €98,000 and €310,000.
Balance sheet
balance sheet total €85,951 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
83.5%
Higher than 88% of 35,156 companies in 2025.
5.41
Higher than 86% of 34,529 companies in 2025.
5.7%
Higher than 46% of 34,730 companies in 2025.
Net-Flex
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€16,039
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 10 people joined and 10 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
85,951 | 85,710 | 96,719 | 82,633 | 53,785 | |
21/28 |
9,582 | 13,667 | 15,244 | 11,695 | 14,859 | |
22/27 |
9,582 | 13,667 | 15,244 | 11,695 | 14,859 | |
23 |
1,725 | 2,016 | 1,291 | - | - | |
24 |
7,857 | 11,650 | 13,953 | 11,695 | 14,859 | |
29/58 |
76,369 | 72,044 | 81,475 | 70,939 | 38,925 | |
3 |
4,500 | 4,500 | 5,521 | 750 | - | |
30/36 |
4,500 | 4,500 | 5,521 | 750 | - | |
40/41 |
32,219 | 25,366 | 37,456 | 22,994 | 8,150 | |
40 |
24,059 | 22,885 | 30,109 | 19,429 | 5,835 | |
41 |
8,160 | 2,481 | 7,348 | 3,564 | 2,315 | |
54/58 |
35,585 | 36,729 | 33,692 | 41,701 | 28,199 | |
490/1 |
4,064 | 5,449 | 4,805 | 5,494 | 2,577 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
85,951 | 85,710 | 96,719 | 82,633 | 53,785 | |
10/15 |
71,793 | 66,901 | 69,001 | 60,983 | 28,486 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
4,892 | - | - | - | - | |
133 |
4,892 | - | - | - | - | |
14 |
63,901 | 63,901 | 66,001 | 57,983 | 25,486 | |
17/49 |
14,157 | 18,809 | 27,718 | 21,650 | 25,298 | |
42/48 |
14,126 | 18,809 | 27,718 | 21,650 | 25,266 | |
44 |
7,352 | 11,287 | 11,640 | 8,084 | 4,139 | |
440/4 |
7,352 | 11,287 | 11,640 | 8,084 | 4,139 | |
45 |
5,140 | 6,394 | 15,436 | 12,464 | 7,699 | |
450/3 |
5,140 | 6,394 | 15,436 | 12,464 | 7,699 | |
47/48 |
1,633 | 1,128 | 643 | 1,102 | 13,428 | |
492/3 |
32 | - | - | - | 32 | |
| Income statement | ||||||
76A |
- | - | 6,157 | - | - | |
9900 |
18,016 | 6,241 | 17,125 | 49,309 | 41,115 | |
62 |
3,208 | - | - | - | - | |
630 |
6,849 | 6,353 | 5,206 | 6,734 | 7,484 | |
640/8 |
1,026 | 1,093 | 807 | 347 | 428 | |
9901 |
6,934 | -1,206 | 11,112 | 42,229 | 33,204 | |
75/76B |
- | 0 | 0 | 1 | 15 | |
75 |
- | 0 | 0 | 1 | 15 | |
65/66B |
401 | 722 | 884 | 1,244 | 1,629 | |
65 |
401 | 722 | 884 | 1,244 | 1,629 | |
9903 |
6,532 | -1,928 | 10,228 | 40,986 | 31,589 | |
67/77 |
1,640 | 172 | 2,211 | 8,488 | 6,103 | |
9904 |
4,892 | -2,100 | 8,018 | 32,497 | 25,486 | |
9905 |
4,892 | -2,100 | 8,018 | 32,497 | 25,486 | |
| Appropriation of the result | ||||||
9906 |
68,793 | 63,901 | 66,001 | 57,983 | 25,486 | |
14P |
63,901 | 66,001 | 57,983 | 25,486 | - | |
691/2 |
4,892 | - | - | - | - | |
6921 |
4,892 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
0.2 | - | - | - | - | |
Hours worked1013 |
187 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-07-2026 | 2026-00282639 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00297785 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00330431 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00314896 | |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20274219 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 13,782 | 5,147 | 16,318 | 48,962 | 40,688 | ||
| 11,741 | 4,253 | 13,224 | 39,231 | 32,970 | ||
| 2,764 | 4,775 | 13,756 | 3,569 | 22,343 | ||
| -1,143 | 3,037 | -8,009 | 13,502 | - | ||
| 62,243 | 53,235 | 53,757 | 49,289 | 13,659 | ||
| 83.5% | 78.1% | 71.3% | 73.8% | 53.0% | ||
| 5.41 | 3.83 | 2.94 | 3.28 | 1.54 | ||
| 5.09 | 3.59 | 2.74 | 3.24 | 1.54 | ||
| 0.20 | 0.28 | 0.40 | 0.36 | 0.89 | ||
| 6.8% | -3.1% | 11.6% | 53.3% | 89.5% | ||
| 5.7% | -2.5% | 8.3% | 39.3% | 47.4% | ||
| 34.33 | 7.13 | 18.46 | 39.35 | 24.97 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| 0.1 | |
| Joined | 10 |
| Left | 10 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,764 | €4,775 | €13,756 | €3,569 | €22,343 |
| €6,849 | €6,353 | €5,206 | €6,734 | €7,484 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Net-Flex
The operating result for 2025 is a profit of €6,934, after a loss of €1,206 in 2024.
Debt's share of the balance-sheet total falls from 21.9% to 16.5%. Equity is higher and debt is lower.
Board & ownership
Mandates through the years
1 nameDirector (not named in the articles)
Earlierend not dated
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 19-10-2020, last mentioned in 2020
Control
Founder
This company
Net-Flex
Equity €71,793
Profit €4,892 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €718 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 19-10-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 19-10-2020 ↗
- sole founder · 100% at incorporation
Network & group
No group
Net-Flex has no parent and no holdings in its annual accounts.
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
12 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 19 days before the deadline
2025
Back to profit net €4,892 The net result is €4,892, after one loss-making year.
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
Weakest financial year net -€2,100 The net result drops to -€2,100, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0756650577
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Highest result from 2021 to 2025 net €32,497 ▲27.5% The operating result of €42,229 and the net result of €32,497 are both a record.
Liquidity more than doubled current ratio 3.28 The current ratio rises from 1.54 to 3.28. Short-term debt falls from €25,266 to €21,650.
Annual accounts 2021 filed PDFmicro format · 1 day before the deadline
2020
IncorporationFounder: (partner) · 100 shares · Appointment: (director) · published on 19-10-20204 points ▸
- Founder, (partner)
- 100 shares
- Registered office clause, Kolibriestraat 3, 3970 Leopoldsburg
- Director appointment, (director (not named in the articles))
- The deed holds 4 more points.
First establishment Kolibriestraat 3, Leopoldsburg
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0756.650.577
- VAT number
- BE 0756.650.577
- Peppol ID
- 0208:0756650577
- Other Peppol ID
- 9925:BE0756650577
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-10-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00deed of 19-10-2020 (in Dutch)
- Peppol
- Reachable since 30-10-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Net-Flex in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-10-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 19-10-2020 (in Dutch)
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
81220
Other building cleaning and industrial cleaning
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Algemene elektriciteitswerken; Het kopen en verkopen zowel in het groot- als in detailhandel, de in- en uitvoer van elektronica goederen en…”deed of 19-10-2020 (in Dutch)
16 activities
- Algemene elektriciteitswerken
- Het kopen en verkopen zowel in het groot- als in detailhandel, de in- en uitvoer van elektronica goederen en aanverwante goederen
- Onderhoud- en herstellingswerken van mechanische aard voor rekening van derden
- Het plaatsen van verlichting, drijfkracht, telefoon en alle werken in verband met elektriciteit
- De plaatsing van nieuwe, de renovatie of de uitbereiding van bestaande elektrische installaties, met andere woorden elektrotechnisch installateur
- Inbraak- en brandbeveiliging
- Camerabewaking en toegangscontrole
- Datawerken
- Bordenbouw
- Ventilatiewerken
- Aan- en verkoop, plaatsing en onderhoud van zonnepanelen en andere vormen van vernieuwbare energie
- Aan- en verkoop, plaatsing en onderhoud van airco's
- Ramenwasser
- Functies van oprichter, bestuurder en vereffenaar van alle andere ondernemingen, verenigingen en vennootschappen, uitoefenen en het verrichten van alle werkzaamheden die verband houden met vereffeningen, gerechtelijke akkoorden, fusies, splitsingen, inbrengen van bedrijfstakken en herstructureringen van ondernemingen en vennootschappen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen, waaronder ook gronden, en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen. Zij kan bij wijze van inbreng, overdracht, fusie, inschrijving, deelneming, financiële tussenkomst of op andere wijze, rechtstreeks of onrechtstreeks, zich interesseren of deelnemen in alle vennootschappen, ondernemingen, verenigingen of verrichtingen, die eenzelfde, gelijkaardig of verwant voorwerp hebben of die van aard zijn de verwezenlijking van haar voorwerp te bevorderen. De vennootschap mag zich voor deze vennootschappen, ondernemingen of verenigingen, borg stellen of aval verlenen, voorschotten en kredieten toestaan, hypothecaire of andere waarborgen verstrekken
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kolibriestraat 3 registered office 3970 Leopoldsburg | 15-10-2020 | 2.308.728.474 |
Buildings and parcels at the address
- Ground area
- 399 m²
- Buildings
- 74 m²
- Volume, LiDAR
- 448 m³
- Tallest building
- 7.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71034B0018/00Y004 | 399 m² | 1 · 74 m² | 7.9 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0756.650.577