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NETAXIS SOLUTIONS

Active
Public limited companyfounded 201016 yrs activeTroonstraat 60, 1050 Elsene, BelgiumKBO/BCE: BE 0828.790.071
Summary

NETAXIS SOLUTIONS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.02M and a net result of €70k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 44% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▲+23
Solvency57▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.13 in 2024; short-term debt: 23.3% and cash: 3.6% of total assets), but 68.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
31.9%
Return on assets
0.6%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 16 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
1 d late
2023
30 d late
2022
8 d late
2021
4 d early
2020
17 d late
2019
27 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70k
2024 · €-825k
2018: €114k 2019: €104k▼ -8.3% vs 2018 2020: €153k▲ +47.1% vs 2019 2021: €-53k▼ -134% vs 2020 2022: €1.19M▲ +2345% vs 2021highest in 8 years 2023: €-864k▼ -173% vs 2022lowest in 8 years 2024: €-825k▲ +4.5% vs 2023 2025: €70k▲ +109% vs 2024
2018 → 2025
Working capital
€2.91M▼ 7.8%
2024 · €3.15M
2018: €707k 2019: €1.36M▲ +92.7% vs 2018 2020: €92k▼ -93.3% vs 2019lowest in 8 years 2021: €1.90M▲ +1976% vs 2020 2022: €1.36M▼ -28.4% vs 2021 2023: €2.10M▲ +54.6% vs 2022 2024: €3.15M▲ +49.9% vs 2023highest in 8 years 2025: €2.91M▼ -7.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.55M-€3.73M▲ 46.6%€2.86M▼ 23.2%€3.50M▲ 22.0%€4.02M▲ 14.9% 2021: €2.55Mlowest in 5 years 2022: €3.73M▲ +46.6% vs 2021 2023: €2.86M▼ -23.2% vs 2022 2024: €3.50M▲ +22.0% vs 2023 2025: €4.02M▲ +14.9% vs 2024highest in 5 years
Operating result€114k-€1.38M▲ 1,105%€-373k€-411k▼ 10.0%€525k 2021: €114k 2022: €1.38M▲ +1105% vs 2021highest in 5 years 2023: €-373k▼ -127% vs 2022 2024: €-411k▼ -10.0% vs 2023lowest in 5 years 2025: €525k▲ +228% vs 2024
Net result€-53k-€1.19M€-864k€-825k▲ 4.5%€70k 2021: €-53k 2022: €1.19M▲ +2345% vs 2021highest in 5 years 2023: €-864k▼ -173% vs 2022lowest in 5 years 2024: €-825k▲ +4.5% vs 2023 2025: €70k▲ +109% vs 2024
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00MOperating result 2021: €114k€114kNet result 2021: €-53k€-53kOperating result 2022: €1.38M€1.38MNet result 2022: €1.19M€1.19MOperating result 2023: €-373k€-373kNet result 2023: €-864k€-864kOperating result 2024: €-411k€-411kNet result 2024: €-825k€-825kOperating result 2025: €525k€525kNet result 2025: €70k€70k20212022202320242025€-1M€-500k€0€500kOperating result 2023: €-373k€-373kNet result 2023: €-864k€-864kOperating result 2024: €-411k€-411kNet result 2024: €-825k€-825kOperating result 2025: €525k€525kNet result 2025: €70k€70k202320242025
The operating result returns to profit in 2025: €525k after a loss of €411k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.59M
Fixed assets €6.75M ▼ 2.8%
Current assets €5.84M ▼ 1.7%
Equity and liabilities €12.59M
Equity €4.02M ▲ 14.9%
Debt €8.57M ▼ 8.7%
Debt's share of the balance-sheet total falls from 72.9% to 68.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.57M▲
2024 · €525k
Cash flow
€1.12M▲
2024 · €111k
Current ratio
1.99▼
2024 · 2.13
Quick ratio
1.37▼
2024 · 1.51
Debt to equity
2.13▼
2024 · 2.69
ROE
1.7%▲
2024 · -23.6%
ROA
0.6%▲
2024 · -6.4%
Interest coverage
2.75▲
2024 · 0.96
Debt ≤ 1 year
€2.93M▲
2024 · €2.79M
Debt > 1 year
€4.89M▼
2024 · €5.92M
Income taxes
€4k▲
2024 · €2k
Staff costs
€1.02M▼
2024 · €1.12M
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€12.88M€12.59M▼
Fixed assets21/28€6.94M€6.75M▼
Intangible fixed assets21€5.67M€5.50M▼
Tangible fixed assets22/27€536k€512k▼
Land and buildings22€513k€492k▼
Furniture and vehicles24€23k€20k▼
Financial fixed assets28€738k€738k=
Current assets29/58€5.94M€5.84M▼
Stocks and contracts in progress3€1.73M€1.83M▲
Stocks30/36€1.73M€1.83M▲
Amounts receivable within one year40/41€4.00M€3.40M▼
Trade receivables40€1.84M€1.53M▼
Other amounts receivable41€2.17M€1.87M▼
Cash at bank and in hand54/58€60k€455k▲
Deferred charges and accrued income490/1€147k€154k▲
Equity and liabilities
Total equity and liabilities10/49€12.88M€12.59M▼
Equity10/15€3.50M€4.02M▲
Contributions10/11€3.13M€3.58M▲
Capital10€3.13M€3.58M▲
Issued capital100€3.13M€3.58M▲
Revaluation surpluses12€279k€270k▼
Reserves13€132k€141k▲
Non-distributable reserves130/1€94k€94k=
Legal reserve130€94k€94k=
Distributable reserves133€38k€48k▲
Profit (loss) carried forward14€-78k€-8k▲
Investment grants15€31k€29k▼
Amounts payable17/49€9.39M€8.57M▼
Amounts payable after more than one year17€5.92M€4.89M▼
Financial debts170/4€5.92M€4.89M▼
Amounts payable within one year42/48€2.79M€2.93M▲
Current portion of amounts payable after more than one year42€482k€1.01M▲
Financial debts43€624k€585k▼
Credit institutions430/8€624k€585k▼
Trade debts44€1.46M€1.22M▼
Suppliers440/4€1.46M€1.22M▼
Taxes, remuneration and social security45€68k€118k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€58k€105k▲
Other amounts payable47/48€156k-
Accrued charges and deferred income492/3€682k€751k▲
Income statement Code20242025
Non-recurring operating income76A€28k€25k▼
Remuneration, social security and pensions62€1.12M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€936k€1.05M▲
Other operating charges640/8€34k€96k▲
Non-recurring operating charges66A€184-
Gross operating margin9900€1.68M€2.69M▲
Operating profit (loss)9901€-411k€525k▲
Financial income75/76B€137k€121k▼
Recurring financial income75€137k€121k▼
Financial charges65/66B€549k€572k▲
Recurring financial charges65€549k€572k▲
Profit (loss) for the period before taxes9903€-823k€74k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€-825k€70k▲
Profit (loss) for the period to be appropriated9905€-825k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-8k▲
Profit (loss) brought forward from the previous period14P€747k€-78k▼
Social balance
Average headcount (FTE)90877.36.1▼

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

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A€2k€1.27M€666€28k€25k▼ 10.9%
Remuneration, social security and pensions62€1.79M€1.53M€1.23M€1.12M€1.02M▼ 8.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€702k€629k€792k€936k€1.05M▲ 12.1%
Other operating charges640/8€67k€35k€33k€34k€96k▲ 184%
Non-recurring operating charges66A€6k€512-€184--
Gross operating margin9900€2.68M€3.57M€1.68M€1.68M€2.69M▲ 60.6%
Operating profit (loss)9901€114k€1.38M€-373k€-411k€525k▲ 228%
Financial income75/76B€26k€43k€103k€137k€121k▼ 11.4%
Recurring financial income75€26k€43k€103k€137k€121k▼ 11.4%
Financial charges65/66B€189k€229k€591k€549k€572k▲ 4.1%
Recurring financial charges65€189k€229k€591k€549k€572k▲ 4.1%
Profit (loss) for the period before taxes9903€-49k€1.19M€-862k€-823k€74k▲ 109%
Income taxes67/77€4k€3k€2k€2k€4k▲ 78.8%
Profit (loss) for the period9904€-53k€1.19M€-864k€-825k€70k▲ 109%
Profit (loss) for the period to be appropriated9905€-53k€1.19M€-864k€-825k€70k▲ 109%
Line20212022202320242025Change
Assets
Total assets20/58€8.91M€10.79M€11.75M€12.88M€12.59M▼ 2.3%
Fixed assets21/28€3.97M€6.20M€6.71M€6.94M€6.75M▼ 2.8%
Intangible fixed assets21€2.81M€5.02M€5.55M€5.67M€5.50M▼ 3.0%
Tangible fixed assets22/27€590k€568k€552k€536k€512k▼ 4.4%
Land and buildings22€575k€554k€533k€513k€492k▼ 4.0%
Furniture and vehicles24€14k€14k€19k€23k€20k▼ 13.0%
Other tangible fixed assets26€1k-----
Financial fixed assets28€574k€608k€608k€738k€738k=
Current assets29/58€4.94M€4.59M€5.04M€5.94M€5.84M▼ 1.7%
Stocks and contracts in progress3-€1.12M€1.38M€1.73M€1.83M▲ 5.9%
Stocks30/36-€1.12M€1.38M€1.73M€1.83M▲ 5.9%
Amounts receivable within one year40/41€3.23M€3.10M€3.35M€4.00M€3.40M▼ 15.1%
Trade receivables40€2.19M€1.77M€1.63M€1.84M€1.53M▼ 16.6%
Other amounts receivable41€1.04M€1.33M€1.72M€2.17M€1.87M▼ 13.9%
Cash at bank and in hand54/58€1.43M€217k€188k€60k€455k▲ 653%
Deferred charges and accrued income490/1€277k€155k€124k€147k€154k▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€8.91M€10.79M€11.75M€12.88M€12.59M▼ 2.3%
Equity10/15€2.55M€3.73M€2.86M€3.50M€4.02M▲ 14.9%
Contributions10/11€1.67M€1.67M€1.67M€3.13M€3.58M▲ 14.4%
Capital10€1.67M€1.67M€1.67M€3.13M€3.58M▲ 14.4%
Issued capital100€1.67M€1.67M€1.67M€3.13M€3.58M▲ 14.4%
Revaluation surpluses12€308k€298k€289k€279k€270k▼ 3.4%
Reserves13€44k€113k€122k€132k€141k▲ 7.2%
Non-distributable reserves130/1€34k€94k€94k€94k€94k=
Legal reserve130€34k€94k€94k€94k€94k=
Distributable reserves133€10k€19k€29k€38k€48k▲ 25.0%
Profit (loss) carried forward14€482k€1.61M€747k€-78k€-8k▲ 89.6%
Investment grants15€38k€35k€33k€31k€29k▼ 6.0%
Amounts payable17/49€6.36M€7.06M€8.89M€9.39M€8.57M▼ 8.7%
Amounts payable after more than one year17€3.20M€3.66M€5.82M€5.92M€4.89M▼ 17.4%
Financial debts170/4€3.20M€3.66M€5.82M€5.92M€4.89M▼ 17.4%
Amounts payable within one year42/48€3.03M€3.23M€2.94M€2.79M€2.93M▲ 5.2%
Current portion of amounts payable after more than one year42€341k€409k€472k€482k€1.01M▲ 110%
Financial debts43€1.00M€1.20M€348k€624k€585k▼ 6.2%
Credit institutions430/8€1.00M€1.20M€348k€624k€585k▼ 6.2%
Trade debts44€883k€1.03M€1.36M€1.46M€1.22M▼ 16.3%
Suppliers440/4€883k€1.03M€1.36M€1.46M€1.22M▼ 16.3%
Taxes, remuneration and social security45€730k€338k€65k€68k€118k▲ 73.4%
Taxes450/3€2k€42k€13k€10k€13k▲ 26.4%
Remuneration and social security454/9€728k€296k€53k€58k€105k▲ 81.8%
Other amounts payable47/48€80k€253k€690k€156k--
Accrued charges and deferred income492/3€130k€167k€126k€682k€751k▲ 10.2%
Line20212022202320242025Change
Profit (loss) for the period9904€-53k€1.19M€-864k€-825k€70k▲ 109%
+ Depreciation and write-downs630€702k€629k€792k€936k€1.05M▲ 12.1%
Operating cash flow (approximation)€649k€1.82M€-72k€111k€1.12M▲ 912%
Investment in fixed assets (approximation)-€-2.86M€-1.30M€-1.17M€-856k▲ 26.9%
Change in cash-€-1.21M€-29k€-127k€395k▲ 410%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial Back to profitnet €70k
Net result €70k after 2 loss-making years.
01-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial Weakest financial yearnet €-864k
Net result drops to €-864k, the lowest in the series; recovery starts the following year.
08-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
31-12
Financial Back to profitnet €1.19M
Net result €1.19M after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
17-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial Equity above €2MEq €2.02M ▲56.2%
2 profitable years in a row build equity to €2.02M.
18-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts

We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
19 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, Elsene · 2 establishment units since 2018
seat establishment approximate All 2 establishment units on the map
Ground area
1.2 ha
Building footprint
5,068 m²
Volume, LiDAR
40,349 m³
2 parcels, Brussels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
23 companies at this address See who is registered here
2 establishment units
NETAXIS SOLUTIONS
Troonstraat 60, 1050 ElseneTelecommunications
since 20182.276.108.463
Netaxis Research Center
Devant les Hêtres,Transinne 2, 6890 LibinComputer programming
since 20192.314.490.472
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
84070A0654/00L013 Wallonia 1.1 ha 1 · 5,068 m² 11.1 m · 3 fl.
21442A0009/00X007 Brussels 1,034 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 2,408 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-08-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63920Other information service activities
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities

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