NetB
ActiveSummary
NetB has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €251,315 and a net result of €109,831. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+22
Solvency99▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 7.3 against 20.4 in 2023; short-term debt: 13.7% and cash: 89.2% of total assets), and 26.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
37 d early
2022
17 d early
2021
24 d early
2020
38 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€251,315▼ 10.9%
2023 · €282,017
Total assets
€341,483▲ 3.2%
2023 · €330,768
Net result
€109,831▲ 356%
2023 · €24,104
Working capital
€294,733▼ 6.3%
2023 · €314,553
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€41,166▲ 226%€40,172▼ 2.4%€55,743▲ 38.8%€39,260▼ 29.6%€164,850▲ 320%
Net result€28,490▲ 202%€27,161▼ 4.7%€36,456▲ 34.2%€24,104▼ 33.9%€109,831▲ 356%
Equity€586,268▲ 5.5%€506,532▼ 13.6%€541,988▲ 7.0%€282,017▼ 48.0%€251,315▼ 10.9%
Total assets€597,114▲ 2.6%€526,730▼ 11.8%€557,753▲ 5.9%€330,768▼ 40.7%€341,483▲ 3.2%
Debt€10,846▼ 58.4%€20,198▲ 86.2%€15,764▼ 22.0%€48,750▲ 209%€90,168▲ 85.0%
Working capital€562,944▲ 7.5%€503,205▼ 10.6%€534,230▲ 6.2%€314,553▼ 41.1%€294,733▼ 6.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 320% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €341,483
Equity
€251,315 ▼ 10.9%
Debt
€90,168 ▲ 85.0%
Debt's share of the balance-sheet total rises from 14.7% to 26.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€164,850▲
2023 · €47,018
Cash flow
€109,831▲
2023 · €31,862
Current ratio
7.30▼
2023 · 20.40
Debt to equity
0.36▲
2023 · 0.17
ROE
43.7%▲
2023 · 8.5%
ROA
32.2%▲
2023 · 7.3%
Interest coverage
17.05▲
2023 · 9.37
Debt ≤ 1 year
€46,750▲
2023 · €16,214
Income taxes
€45,955▲
2023 · €10,539
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,732 | €7,803 | €7,763 | €7,758 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1,051 | €720 | €1,757 | €1,140 | ▼ 35.1% |
| Gross operating margin9900 | €51,031 | €49,026 | €64,225 | €48,775 | €165,989 | ▲ 240% |
| Operating profit (loss)9901 | €41,166 | €40,172 | €55,743 | €39,260 | €164,850 | ▲ 320% |
| Financial income75/76B | - | €246 | €325 | €401 | €602 | ▲ 50.2% |
| Recurring financial income75 | €427 | €246 | €325 | €401 | €602 | ▲ 50.2% |
| Financial charges65/66B | - | €1,832 | €4,667 | €5,018 | €9,666 | ▲ 92.7% |
| Recurring financial charges65 | €2,059 | €1,832 | €4,667 | €5,018 | €9,666 | ▲ 92.7% |
| Non-recurring financial charges66B | - | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €39,083 | €38,586 | €51,401 | €34,643 | €155,786 | ▲ 350% |
| Income taxes67/77 | €10,593 | €11,425 | €14,945 | €10,539 | €45,955 | ▲ 336% |
| Profit (loss) for the period9904 | €28,490 | €27,161 | €36,456 | €24,104 | €109,831 | ▲ 356% |
| Profit (loss) for the period to be appropriated9905 | €28,490 | €27,161 | €36,456 | €24,104 | €109,831 | ▲ 356% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €597,114 | €526,730 | €557,753 | €330,768 | €341,483 | ▲ 3.2% |
| Fixed assets21/28 | €23,324 | €15,521 | €7,758 | €0 | - | - |
| Tangible fixed assets22/27 | €23,324 | €15,521 | €7,758 | €0 | - | - |
| Furniture and vehicles24 | - | €14,553 | €7,274 | €0 | - | - |
| Other tangible fixed assets26 | - | €968 | €484 | €0 | - | - |
| Current assets29/58 | €573,790 | €511,209 | €549,994 | €330,768 | €341,483 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €10,198 | €9,418 | €6,810 | €19,173 | €36,628 | ▲ 91.0% |
| Trade receivables40 | - | €8,124 | €3,171 | €13,688 | €32,718 | ▲ 139% |
| Other amounts receivable41 | - | €1,294 | €3,639 | €5,485 | €3,909 | ▼ 28.7% |
| Current investments50/53 | €1,140 | €1,290 | €109,682 | €21,390 | €33 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €562,452 | €500,501 | €433,323 | €290,027 | €304,577 | ▲ 5.0% |
| Deferred charges and accrued income490/1 | - | - | €181 | €177 | €246 | ▲ 38.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €597,114 | €526,730 | €557,753 | €330,768 | €341,483 | ▲ 3.2% |
| Equity10/15 | €586,268 | €506,532 | €541,988 | €282,017 | €251,315 | ▼ 10.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €567,668 | €487,932 | €523,388 | €263,417 | €232,715 | ▼ 11.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €486,072 | €521,528 | €263,417 | €232,715 | ▼ 11.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €10,846 | €20,198 | €15,764 | €48,750 | €90,168 | ▲ 85.0% |
| Amounts payable within one year42/48 | €10,846 | €8,004 | €15,764 | €16,214 | €46,750 | ▲ 188% |
| Financial debts43 | - | - | €188 | €2,533 | €15,062 | ▲ 495% |
| Credit institutions430/8 | - | - | €188 | €2,533 | €15,062 | ▲ 495% |
| Trade debts44 | €512 | €785 | €1,951 | €1,082 | €8,096 | ▲ 648% |
| Suppliers440/4 | - | €785 | €1,951 | €1,082 | €8,096 | ▲ 648% |
| Taxes, remuneration and social security45 | - | €3,012 | €4,952 | €7,137 | €15,352 | ▲ 115% |
| Taxes450/3 | - | €3,012 | €4,952 | €7,137 | €15,352 | ▲ 115% |
| Other amounts payable47/48 | - | €4,207 | €8,673 | €5,462 | €8,241 | ▲ 50.9% |
| Accrued charges and deferred income492/3 | - | €12,194 | €0 | €32,536 | €43,418 | ▲ 33.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,490 | €27,161 | €36,456 | €24,104 | €109,831 | ▲ 356% |
| + Depreciation and write-downs630 | €8,732 | €7,803 | €7,763 | €7,758 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €37,222 | €34,964 | €44,219 | €31,862 | €109,831 | ▲ 245% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | -€61,951 | -€67,179 | -€143,295 | €14,550 | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 52.90
Current ratio from 21.06 to 52.90; short-term debt falls from €26,099 to €10,846.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €9,436 ▼93.3%
Net result drops to €9,436, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Pelt · 1 establishment unit since 2009
Ground area
863 m²
Building footprint
143 m²
Volume, LiDAR
709 m³
Parcel 72025B0658/00G000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NetB
since 20092.179.453.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025B0658/00G000 | Flanders | 863 m² | 1 · 143 m² | 7.3 m · 2 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
254900FYZPU87XA9NL27
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,355 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
Founded22-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
63100Computing infrastructure, data processing, hosting and related activities
82990Other business support services
Contact
Scores and ratios are computed by Checked and are not a credit decision.