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NET SERVICES

Open bankruptcy
Private limited companyfounded 2007Rue de Hermée 255, 4040 Herstal, BelgiumKBO/BCE: BE 0894.527.664

A bankruptcy procedure is open for NET SERVICES according to publications in the Belgian State Gazette; curator: JEAN-PAUL TASSET.

Summary

The 2024 annual accounts show negative equity (€-24k) and a net result of €-31k.

NET SERVICESOpen bankruptcy

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181921222324
2018 to 2024 · latest year €-24k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
56 d late
2023
15 d late
2022
129 d early
2021
57 d early
2019
34 d early
2018
13 d early
← 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

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-31k▼ 360%
2023 · €-7k
2018: €28k 2019: €29k▲ +0.8% vs 2018highest value 2021: €27k 2022: €-18k▼ -167% vs 2021 2023: €-7k▲ +62.6% vs 2022 2024: €-31k▼ -360% vs 2023lowest value
2018 → 2024
Working capital
€-51k▼ 7,015%
2023 · €-718
2018: €69khighest value 2019: €69k● 0.0% vs 2018highest value 2021: €31k 2022: €13k▼ -57.4% vs 2021 2023: €-718▼ -105% vs 2022 2024: €-51k▼ -7015% vs 2023lowest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192021202220232024Trend
Equity€69k-€31k▼ 54.5%€13k▼ 57.4%€7k▼ 50.5%€-24k 2019: €69khighest value 2021: €31k 2022: €13k▼ -57.4% vs 2021 2023: €7k▼ -50.5% vs 2022 2024: €-24k▼ -468% vs 2023lowest value
Operating result€34k-€36k▲ 5.4%€-15k€-5k▲ 65.2%€-29k▼ 445% 2019: €34k 2021: €36khighest value 2022: €-15k▼ -143% vs 2021 2023: €-5k▲ +65.2% vs 2022 2024: €-29k▼ -445% vs 2023lowest value
Net result€29k-€27k▼ 6.2%€-18k€-7k▲ 62.6%€-31k▼ 360% 2019: €29khighest value 2021: €27k 2022: €-18k▼ -167% vs 2021 2023: €-7k▲ +62.6% vs 2022 2024: €-31k▼ -360% vs 2023lowest value
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2019: €34k€34kNet result 2019: €29k€29kOperating result 2021: €36k€36kNet result 2021: €27k€27kOperating result 2022: €-15k€-15kNet result 2022: €-18k€-18kOperating result 2023: €-5k€-5kNet result 2023: €-7k€-7kOperating result 2024: €-29k€-29kNet result 2024: €-31k€-31k20192021202220232024€-40k€-30k€-20k€-10k€0Operating result 2022: €-15k€-15kNet result 2022: €-18k€-18kOperating result 2023: €-5k€-5.3kNet result 2023: €-7k€-6.7kOperating result 2024: €-29k€-29kNet result 2024: €-31k€-31k202220232024
The operating result stays negative: a loss of €29k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108k
Fixed assets €27k ▲ 266%
Current assets €81k ▲ 79.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-27k▼
2023 · €-4k
Cash flow
€-29k▼
2023 · €-6k
Solvency
-22.5%▼
2023 · 12.5%
Current ratio
0.61▼
2023 · 0.98
Debt to equity
-5.45▼
2023 · 6.97
ROA
-28.6%▼
2023 · -12.8%
Interest coverage
-15.53▼
2023 · -3.12
Debt
€132k▲
2023 · €46k
Debt ≤ 1 year
€132k▲
2023 · €46k
Staff costs
€392k▲
2023 · €256k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€53k€108k▲
Fixed assets21/28€7k€27k▲
Intangible fixed assets21€2k€24k▲
Tangible fixed assets22/27€5k€3k▼
Land and buildings22-€0
Furniture and vehicles24€5k€3k▼
Current assets29/58€45k€81k▲
Amounts receivable within one year40/41€37k€76k▲
Trade receivables40€26k€22k▼
Other amounts receivable41€11k€54k▲
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€53k€108k▲
Equity10/15€7k€-24k▼
Contributions10/11€5k€5k=
Reserves13€26k€26k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-25k€-56k▼
Amounts payable17/49€46k€132k▲
Amounts payable within one year42/48€46k€132k▲
Current portion of amounts payable after more than one year42-€6k
Financial debts43€9k€2k▼
Credit institutions430/8€9k€2k▼
Trade debts44€3k€25k▲
Suppliers440/4€3k€25k▲
Taxes, remuneration and social security45€34k€98k▲
Taxes450/3€323€3k▲
Remuneration and social security454/9€34k€95k▲
Other amounts payable47/48-€0
Income statement Code20232024
Remuneration, social security and pensions62€256k€392k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€430€400▼
Gross operating margin9900€252k€366k▲
Operating profit (loss)9901€-5k€-29k▼
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-7k€-31k▼
Profit (loss) for the period9904€-7k€-31k▼
Profit (loss) for the period to be appropriated9905€-7k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-56k▼
Profit (loss) brought forward from the previous period14P€-18k€-25k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20192021202220232024Change
Remuneration, social security and pensions62-€255k€285k€256k€392k▲ 53.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1k€2k▲ 117%
Other operating charges640/8-€1k€1k€430€400▼ 7.0%
Gross operating margin9900€259k€292k€271k€252k€366k▲ 45.0%
Operating profit (loss)9901€34k€36k€-15k€-5k€-29k▼ 445%
Financial income75/76B--€2-€9-
Recurring financial income75--€2-€9-
Financial charges65/66B-€728€805€1k€2k▲ 25.9%
Recurring financial charges65€99€728€805€1k€2k▲ 25.9%
Profit (loss) for the period before taxes9903€34k€35k€-16k€-7k€-31k▼ 360%
Income taxes67/77€5k€8k€2k---
Profit (loss) for the period9904€29k€27k€-18k€-7k€-31k▼ 360%
Profit (loss) for the period to be appropriated9905€29k€27k€-18k€-7k€-31k▼ 360%
Line20192021202220232024Change
Assets
Total assets20/58€127k€96k€52k€53k€108k▲ 105%
Fixed assets21/28---€7k€27k▲ 266%
Intangible fixed assets21---€2k€24k▲ 906%
Tangible fixed assets22/27---€5k€3k▼ 36.2%
Land and buildings22----€0-
Furniture and vehicles24---€5k€3k▼ 36.2%
Current assets29/58€127k€96k€52k€45k€81k▲ 79.5%
Amounts receivable within one year40/41€40k€44k€33k€37k€76k▲ 109%
Trade receivables40-€44k€25k€26k€22k▼ 14.0%
Other amounts receivable41-€877€8k€11k€54k▲ 400%
Cash at bank and in hand54/58€86k€51k€19k€6k€5k▼ 19.2%
Deferred charges and accrued income490/1-€1k-€3k€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€127k€96k€52k€53k€108k▲ 105%
Equity10/15€69k€31k€13k€7k€-24k▼ 468%
Contributions10/11€63k€5k€5k€5k€5k=
Reserves13€6k€26k€26k€26k€26k=
Non-distributable reserves130/1-€6k€6k€6k€6k=
Reserves not available under the articles1311-€6k€6k€6k€6k=
Distributable reserves133-€20k€20k€20k€20k=
Profit (loss) carried forward14€470-€-18k€-25k€-56k▼ 125%
Amounts payable17/49€59k€65k€39k€46k€132k▲ 188%
Amounts payable within one year42/48€59k€65k€39k€46k€132k▲ 188%
Current portion of amounts payable after more than one year42----€6k-
Financial debts43---€9k€2k▼ 72.9%
Credit institutions430/8---€9k€2k▼ 72.9%
Trade debts44€1k€2k€3k€3k€25k▲ 688%
Suppliers440/4-€2k€3k€3k€25k▲ 688%
Taxes, remuneration and social security45-€30k€33k€34k€98k▲ 188%
Taxes450/3-€1k€7k€323€3k▲ 882%
Remuneration and social security454/9-€29k€26k€34k€95k▲ 182%
Other amounts payable47/48-€33k€3k-€0-
Line20192021202220232024Change
Profit (loss) for the period9904€29k€27k€-18k€-7k€-31k▼ 360%
+ Depreciation and write-downs630---€1k€2k▲ 117%
Operating cash flow (approximation)€29k€27k€-18k€-6k€-29k▼ 406%
Investment in fixed assets (approximation)----€-22k-
Change in cash--€-31k€-13k€-1k▲ 91.2%

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
10-04
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 03-04-2026
2025
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
15-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
24-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
27-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Highest result since 2018net €29k ▲0.8%
Net result €29k, the highest in the series.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Herstal · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
3,113 m²
Parcel 62312A0308/00D000, Wallonia. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
NET SERVICES
Rue de Hermée 255, 4040 HerstalGeneral cleaning of buildings
since 20072.169.489.429
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62312A0308/00D000 Wallonia 3,113 m² - -
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEAN-PAUL TASSET
QUAI MARCELLIS 7, 4020 LIEGE 2
03-04-2026 → present

Similar companies · same sector, comparable size

Of 808 companies in sector 96910 we hold annual accounts for 616. 243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
96910Personal service activities
Contact
E-mail info@net-services.beHerstal
Phone 0475233193Herstal

Scores and ratios are computed by Checked and are not a credit decision.