Equity
€13,981 from €99,563 in 2019
Equity fell by 86% in 6 years.
NET SOLUTIONS & DATA SECURITY
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €137,325 (2006)
-€21,856▼ €12,901
lowest -€51,234 (2025)
-€51,234▼ €40,743
peak €99,563 (2019)
€13,981▼ 78.6%
€20,664▲ 1.8%
peak 1 FTE (2006)
-not published
Board2 names since 2002
1 directorIVEN Marc Wim Philo
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from -€8,954 to -€21,856Loss of €51,234Equity from €65,215 to €13,981Cash from €103 to €3,002
Key points
from the 2025 annual accountsLosses
-€61,726 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-€51,234
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
2025 accounts filed 19 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 15% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.5 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.5%▼ -0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.6 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €51,234, the second in a row (financial year 2025)
lowers risk
Size: total assets €34,645
Sector: Computer programming, consultancy and related activities (NACE 62)
Founded in 2002
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 36% of them on solvency, 11% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as NET SOLUTIONS & DATA SECURITY has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NET SOLUTIONS & DATA SECURITY itself is lower: 0.3% within 12 months. It rests on far more data about NET SOLUTIONS & DATA SECURITY than the profile alone.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for NET SOLUTIONS & DATA SECURITY. 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 of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.56 (4.09 in 2024), above the usual 1.5. Short-term debt is 59.6% and cash 8.7% of total assets. However, 59.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€51,234
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 days late
2024
32 days early
2023
34 days early
2022
33 days early
2021
23 days early
2020
19 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476709963
New director
IVEN Marc Wim Philo appointed, Berger Maria Elisa Christina Hubertina resigned · General meeting of 29-12-2020 · Gazette deed
First establishment
Zandstraat 34, Hasselt
Incorporation
published on 19-02-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NET SOLUTIONS & DATA SECURITY Hasselt | €34,645 | -€21,856 | 40.4% | - |
| ESTEEKA Lummen | €39,123 | -€5,916 | 47.9% | - |
| SHORTCUT - IT Zemst | €37,457 | -€5,292 | 78.7% | - |
| SUPERFANDANGO Watermael-Boitsfort | €35,576 | -€80,499 | -118.3% | - |
| NESCA Ixelles | €35,018 | -€731 | -251.1% | - |
| PROSITE Glabbeek | €36,100 | -€2,043 | 12.5% | - |
| Verreydt & Deckers Niel | €34,364 | -€4,698 | 58.2% | - |
These companies have the same main activity as NET SOLUTIONS & DATA SECURITY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €34,400 and €39,100, founded between 1999 and 2004.
Official details
Source: KBO- Status
- Active since 05-02-2002Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.101.648.8173500 Hasselt, since 20-03-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on NET SOLUTIONS & DATA SECURITY
NET SOLUTIONS & DATA SECURITY files the micro format. That format states no turnover. The gross margin fell from €137,325 in 2006 to -€21,856 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NET SOLUTIONS & DATA SECURITY
- What is the company number of NET SOLUTIONS & DATA SECURITY?
- The company number of NET SOLUTIONS & DATA SECURITY is 0476.709.963. The VAT number is the same number with BE in front: BE 0476.709.963.
- Where is NET SOLUTIONS & DATA SECURITY based?
- The registered office is at Zandstraat 34, 3500 Hasselt.Company details
- What does NET SOLUTIONS & DATA SECURITY do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of NET SOLUTIONS & DATA SECURITY?
- NET SOLUTIONS & DATA SECURITY is a private limited company (BV).
- When was NET SOLUTIONS & DATA SECURITY founded?
- NET SOLUTIONS & DATA SECURITY was founded on 05-02-2002.
- Is NET SOLUTIONS & DATA SECURITY still active?
- Yes, NET SOLUTIONS & DATA SECURITY is an active enterprise in the KBO register.
- What is the turnover of NET SOLUTIONS & DATA SECURITY?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is NET SOLUTIONS & DATA SECURITY profitable?
- In financial year 2025, NET SOLUTIONS & DATA SECURITY made a loss of €51,234.
- Where can I find the annual accounts of NET SOLUTIONS & DATA SECURITY?
- NET SOLUTIONS & DATA SECURITY filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NET SOLUTIONS & DATA SECURITY due?
- NET SOLUTIONS & DATA SECURITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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