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NET SERVE

Active
Private limited companyfounded 200125 yrs activeNederenamestraat 20, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0474.733.638

NET SERVE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €28k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+11
Solvency48▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.71 in 2024; short-term debt: 76.5% and cash: 91.1% of total assets), and 76.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.5%
Return on assets
6.2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 16974 sector peers (2025).
NBB · sector comparison
Position among 16974 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
50 d early
2023
41 d early
2022
55 d early
2021
48 d early
2020
26 d early
2019
52 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€107k▼ 44.9%
2024 · €194k
2019: €285k 2020: €190k 2021: €204k 2022: €193k 2023: €201k 2024: €194k
2019 → 2025
Total assets
€456k▲ 0.6%
2024 · €454k
2019: €296k 2020: €333k 2021: €384k 2022: €399k 2023: €442k 2024: €454k
2019 → 2025
Net result
€28k▲ 22.3%
2024 · €23k
2019: €30k 2020: €37k 2021: €44k 2022: €34k 2023: €37k 2024: €23k
2019 → 2025
Working capital
€82k▼ 52.7%
2024 · €174k
2019: €254k 2020: €171k 2021: €135k 2022: €132k 2023: €159k 2024: €174k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€204k-€193k▼ 5.3%€201k▲ 4.2%€194k▼ 3.2%€107k▼ 44.9%
Operating result€68k-€53k▼ 21.4%€59k▲ 11.3%€45k▼ 24.6%€40k▼ 9.9%
Net result€44k-€34k▼ 23.5%€37k▲ 9.9%€23k▼ 37.7%€28k▲ 22.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €68k€68kNet result 2021: €44k€44kOperating result 2022: €53k€53kNet result 2022: €34k€34kOperating result 2023: €59k€59kNet result 2023: €37k€37kOperating result 2024: €45k€45kNet result 2024: €23k€23kOperating result 2025: €40k€40kNet result 2025: €28k€28k20212022202320242025
The operating result has fallen two years in a row; 2025 is 10% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €456k
Fixed assets €25k▼ 26.4%
Current assets €432k▲ 2.7%
Equity and liabilities €456k
Equity €107k▼ 44.9%
Debt €349k▲ 34.7%
The debt ratio rises from 57.2% to 76.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€60k
2024 · €64k
Cash flow
€48k
2024 · €42k
Solvency
23.5%
2024 · 42.8%
Current ratio
1.24
2024 · 1.71
Quick ratio
1.24
2024 · 1.71
Debt / equity
3.26
2024 · 1.33
ROE
26.4%
2024 · 11.9%
ROA
6.2%
2024 · 5.1%
Interest coverage
862.06
2024 · 4.77
Debt
€349k
2024 · €259k
Debt ≤ 1 year
€349k
2024 · €246k
Income taxes
€12k
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€454k€456k
Fixed assets21/28€34k€25k
Tangible fixed assets22/27€34k€25k
Furniture and vehicles24€25k€17k
Other tangible fixed assets26€9k€7k
Current assets29/58€420k€432k
Amounts receivable within one year40/41€15k€16k
Trade receivables40€15k€15k
Other amounts receivable41€64€1k
Cash at bank and in hand54/58€405k€415k
Equity and liabilities
Total equity and liabilities10/49€454k€456k
Equity10/15€194k€107k
Contributions10/11€19k€19k=
Reserves13€176k€88k
Distributable reserves133€176k€88k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€259k€349k
Amounts payable within one year42/48€246k€349k
Trade debts44€146€106
Suppliers440/4€146€106
Taxes, remuneration and social security45€3k€9k
Taxes450/3€3k€9k
Remuneration and social security454/9€0-
Other amounts payable47/48€243k€340k
Accrued charges and deferred income492/3€13k€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k
Other operating charges640/8€1k€2k
Gross operating margin9900€65k€61k
Operating profit (loss)9901€45k€40k
Financial income75/76B€2k€4
Recurring financial income75€2k€4
Financial charges65/66B€13k€69
Recurring financial charges65€13k€69
Profit (loss) for the period before taxes9903€33k€40k
Income taxes67/77€10k€12k
Profit (loss) for the period9904€23k€28k
Profit (loss) for the period to be appropriated9905€23k€28k
Appropriation of the result
Profit (loss) to be appropriated9906€23k€28k
Transfer from equity791/2€30k€116k
Transfer to equity691/2€23k€28k
To other reserves6921€23k€28k
Profit to be distributed694/7€30k€116k
Return on contributions (dividend)694€30k€116k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
12-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Weakest financial yearnet €23k ▼37.7%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Equity above €200kEq €201k ▲4.2%
5 profitable years in a row build equity to €201k.
2022
07-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
14-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Highest result since 2019net €44k ▲18.2%
Operating result €68k, net result €44k, both a record.
30-06
Financial Equity above €200kEq €204k ▲7.1%
3 profitable years in a row build equity to €204k.
05-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
10-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
05-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Oudenaarde · 1 establishment unit since 2001
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Nederenamestraat 209700 Oudenaarde
Ground area
1,429 m²
Building footprint
225 m²
Volume, LiDAR
1,544 m³
Parcel 45503A0585/00C002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nederenamestraat 20, 9700 Oudenaarde
Air transport
since 20012.093.223.277
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45503A0585/00C002 Flanders 1,428 m² 1 · 225 m² 12.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size

Of 16,874 companies in sector 62100 we hold annual accounts for 8,779. 6,964 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-05-2001
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.