Skip to content

NET USE

Active
Private limited companyfounded 200124 yrs activeEdenplein 14, 2610 Antwerpen, BelgiumKBO/BCE: BE 0475.850.623
Summary

NET USE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €16k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 38% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
70 / 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
Profitability74▲+1
Solvency57=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.46 in 2024; short-term debt: 49.3% and cash: 15% of total assets), and 67.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers 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
highest failure risk from 2 to 8 years 24 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
32.4%
Return on assets
3.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
41 d early
2023
28 d early
2022
31 d early
2021
31 d early
2020
30 d early
2019
43 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 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, abbreviated schema

Equity
€140k▼ 5.8%
2024 · €148k
2018: €112k 2019: €139k 2020: €165k 2021: €151k 2022: €151k 2023: €151k 2024: €148k
2018 → 2025
Total assets
€431k▼ 8.1%
2024 · €469k
2018: €389k 2019: €473k 2020: €456k 2021: €493k 2022: €488k 2023: €455k 2024: €469k
2018 → 2025
Net result
€16k▼ 25.8%
2024 · €22k
2018: €16k 2019: €27k 2020: €27k 2021: €39k 2022: €25k 2023: €25k 2024: €22k
2018 → 2025
Working capital
€98k▼ 6.4%
2024 · €104k
2018: €93k 2019: €112k 2020: €135k 2021: €123k 2022: €112k 2023: €104k 2024: €104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€151k-€151k▲ 0.1%€151k▲ 0.1%€148k▼ 2.0%€140k▼ 5.8%
Operating result€64k-€40k▼ 37.7%€40k▼ 1.4%€43k▲ 9.7%€31k▼ 28.7%
Net result€39k-€25k▼ 35.8%€25k=€22k▼ 12.3%€16k▼ 25.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €64k€64kNet result 2021: €39k€39kOperating result 2022: €40k€40kNet result 2022: €25k€25kOperating result 2023: €40k€40kNet result 2023: €25k€25kOperating result 2024: €43k€43kNet result 2024: €22k€22kOperating result 2025: €31k€31kNet result 2025: €16k€16k20212022202320242025€0€20k€40kOperating result 2023: €40k€40kNet result 2023: €25k€25kOperating result 2024: €43k€43kNet result 2024: €22k€22kOperating result 2025: €31k€31kNet result 2025: €16k€16k202320242025
The operating result falls in 2025; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431k
Fixed assets €121k ▼ 12.9%
Current assets €310k ▼ 6.0%
Equity and liabilities €431k
Equity €140k ▼ 5.8%
Debt €291k ▼ 9.1%
Debt's share of the balance-sheet total falls from 68.3% to 67.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50k
2024 · €63k
Cash flow
€36k
2024 · €42k
Current ratio
1.46
2024 · 1.46
Quick ratio
1.36
2024 · 1.39
Debt to equity
2.08
2024 · 2.16
ROE
11.7%
2024 · 14.9%
ROA
3.8%
2024 · 4.7%
Interest coverage
7.28
2024 · 5.78
Debt ≤ 1 year
€213k
2024 · €226k
Debt > 1 year
€79k
2024 · €95k
Income taxes
€12k
2024 · €14k
Staff costs
€163k
2024 · €135k
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 · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€469k€431k
Fixed assets21/28€139k€121k
Tangible fixed assets22/27€133k€115k
Land and buildings22€107k€100k
Plant, machinery and equipment23€13k€8k
Furniture and vehicles24€4k€4k
Leasing and similar rights25€9k€4k
Financial fixed assets28€5k€5k=
Current assets29/58€330k€310k
Stocks and contracts in progress3€16k€20k
Stocks30/36€16k€20k
Amounts receivable within one year40/41€209k€209k
Trade receivables40€193k€206k
Other amounts receivable41€16k€3k
Cash at bank and in hand54/58€79k€65k
Deferred charges and accrued income490/1€25k€16k
Equity and liabilities
Total equity and liabilities10/49€469k€431k
Equity10/15€148k€140k
Contributions10/11€6k€6k=
Reserves13€142k€134k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€25k€25k=
Distributable reserves133€117k€109k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€320k€291k
Amounts payable after more than one year17€95k€79k
Financial debts170/4€95k€79k
Amounts payable within one year42/48€226k€213k
Current portion of amounts payable after more than one year42€16k€16k
Financial debts43€0€271
Credit institutions430/8€0€271
Trade debts44€169k€140k
Suppliers440/4€169k€140k
Taxes, remuneration and social security45€16k€32k
Taxes450/3€0€13k
Remuneration and social security454/9€16k€19k
Other amounts payable47/48€25k€25k=
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€135k€163k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k
Other operating charges640/8€5k€5k
Gross operating margin9900€203k€218k
Operating profit (loss)9901€43k€31k
Financial income75/76B€3k€4k
Recurring financial income75€3k€4k
Financial charges65/66B€11k€7k
Recurring financial charges65€11k€7k
Profit (loss) for the period before taxes9903€36k€28k
Income taxes67/77€14k€12k
Profit (loss) for the period9904€22k€16k
Profit (loss) for the period to be appropriated9905€22k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€16k
Transfer from equity791/2€3k€9k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€25k€25k=
Return on contributions (dividend)694€25k€25k=
Social balance
Average headcount (FTE)90872.32.5

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
24-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Highest result since 2018net €39k ▲47.5%
Operating result €64k, net result €39k, both a record.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Equity above €150kEq €165k ▲19.2%
3 profitable years in a row build equity to €165k.
18-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-03
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
3 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, Antwerpen · 1 establishment unit since 2009
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.

Edenplein 142610 Antwerpen
Ground area
1,067 m²
Building footprint
292 m²
Volume, LiDAR
2,494 m³
Parcel 11463D0447/00E002, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NET USE
Edenplein 14, 2610 AntwerpenWholesale trade
since 20092.211.194.380
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0447/00E002 Flanders 1,067 m² 1 · 292 m² 10.7 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 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-10-2001
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

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