NetB
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €290,000 and €610,000.
Balance sheet
balance sheet total €444,931 on 31-12-2025in euro
in euro
Position in the sector
78.4%
Higher than 78% of 10,252 companies in 2025.
4.88
Higher than 80% of 9,835 companies in 2025.
35.8%
Higher than 80% of 9,977 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
444,931 | 341,483 | 330,768 | 557,753 | 526,730 | 597,114 | 581,797 | 590,753 | 590,102 | 483,623 | 296,411 | 194,865 | |
21/28 |
3,687 | - | 0 | 7,758 | 15,521 | 23,324 | 32,056 | 255 | 540 | 751 | 7,206 | 12,627 | |
22/27 |
3,687 | - | 0 | 7,758 | 15,521 | 23,324 | 32,056 | 255 | 540 | 751 | 7,206 | 12,627 | |
24 |
3,687 | - | 0 | 7,274 | 14,553 | 21,872 | 30,120 | 255 | 540 | 751 | 7,206 | 12,627 | |
26 |
- | - | 0 | 484 | 968 | 1,452 | 1,936 | - | - | - | - | - | |
29/58 |
441,244 | 341,483 | 330,768 | 549,994 | 511,209 | 573,790 | 549,741 | 590,498 | 589,562 | 482,873 | 289,205 | 182,238 | |
29 |
- | - | - | - | - | - | - | - | - | - | 1,228 | 9,752 | |
290 |
- | - | - | - | - | - | - | - | - | - | 375 | 255 | |
291 |
- | - | - | - | - | - | - | - | - | - | 853 | 9,497 | |
40/41 |
38,135 | 36,628 | 19,173 | 6,810 | 9,418 | 10,198 | 21,185 | 25,846 | 6,901 | 2,010 | - | - | |
40 |
20,073 | 32,718 | 13,688 | 3,171 | 8,124 | 4,331 | 2,138 | 25,788 | 1,760 | 1,796 | - | - | |
41 |
18,061 | 3,909 | 5,485 | 3,639 | 1,294 | 5,868 | 19,048 | 58 | 5,140 | 214 | - | - | |
50/53 |
33 | 33 | 21,390 | 109,682 | 1,290 | 1,140 | 1,590 | 1,154 | 3,448 | - | - | - | |
54/58 |
402,809 | 304,577 | 290,027 | 433,323 | 500,501 | 562,452 | 526,965 | 563,498 | 579,214 | 480,863 | 287,977 | 170,803 | |
490/1 |
267 | 246 | 177 | 181 | - | - | - | - | - | - | - | 1,683 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
444,931 | 341,483 | 330,768 | 557,753 | 526,730 | 597,114 | 581,797 | 590,753 | 590,102 | 483,623 | 296,411 | 194,865 | |
10/15 |
348,977 | 251,315 | 282,017 | 541,988 | 506,532 | 586,268 | 555,698 | 566,105 | 556,934 | 436,630 | 272,859 | 184,182 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | |
13 |
330,377 | 232,715 | 263,417 | 523,388 | 487,932 | 567,668 | 537,098 | 547,505 | 538,334 | 418,030 | 254,259 | 165,582 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
330,377 | 232,715 | 263,417 | 521,528 | 486,072 | 565,808 | 535,238 | 545,645 | 536,474 | 416,170 | 252,399 | 163,722 | |
14 |
0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
17/49 |
95,954 | 90,168 | 48,750 | 15,764 | 20,198 | 10,846 | 26,099 | 24,648 | 33,168 | 46,993 | 23,552 | 10,683 | |
42/48 |
90,393 | 46,750 | 16,214 | 15,764 | 8,004 | 10,846 | 26,099 | 24,648 | 33,168 | 46,993 | 23,552 | 10,430 | |
43 |
1,486 | 15,062 | 2,533 | 188 | - | - | - | - | 265 | 13,984 | - | - | |
430/8 |
1,486 | 15,062 | 2,533 | 188 | - | - | - | - | 265 | 13,984 | - | - | |
44 |
628 | 8,096 | 1,082 | 1,951 | 785 | 512 | 2,563 | 1,038 | 19,228 | 8,859 | 99 | 5,106 | |
440/4 |
628 | 8,096 | 1,082 | 1,951 | 785 | 512 | 2,563 | 1,038 | 19,228 | 8,859 | 99 | 5,106 | |
45 |
27,297 | 15,352 | 7,137 | 4,952 | 3,012 | 5,896 | 2,263 | 19,724 | 12,067 | 17,868 | 20,207 | 3,444 | |
450/3 |
27,297 | 15,352 | 7,137 | 4,952 | 3,012 | 5,896 | 2,263 | 18,674 | 12,067 | 17,868 | 16,677 | 1,600 | |
454/9 |
- | - | - | - | - | - | - | 1,050 | - | - | 3,530 | 1,844 | |
47/48 |
60,982 | 8,241 | 5,462 | 8,673 | 4,207 | 4,438 | 21,274 | 3,887 | 1,608 | 6,282 | 3,246 | 1,880 | |
492/3 |
5,561 | 43,418 | 32,536 | 0 | 12,194 | - | - | - | - | - | - | 253 | |
| Income statement | |||||||||||||
76A |
- | - | - | - | - | - | 1,653 | - | - | - | - | 14,373 | |
9900 |
237,013 | 165,989 | 48,775 | 64,225 | 49,026 | 51,031 | 22,398 | 216,426 | 200,459 | 278,814 | 157,378 | 45,143 | |
62 |
- | - | - | - | - | - | - | - | - | - | 633 | 608 | |
630 |
165 | 0 | 7,758 | 7,763 | 7,803 | 8,732 | 8,846 | 285 | 549 | 6,455 | 6,791 | 6,495 | |
640/8 |
1,223 | 1,140 | 1,757 | 720 | 1,051 | 1,133 | 926 | 951 | 936 | 1,051 | 1,127 | 2,624 | |
66A |
- | - | - | - | - | - | - | 2,294 | - | - | - | - | |
9901 |
235,626 | 164,850 | 39,260 | 55,743 | 40,172 | 41,166 | 12,626 | 215,191 | 198,975 | 271,308 | 148,827 | 35,416 | |
75/76B |
74 | 602 | 401 | 325 | 246 | 427 | 3,486 | 838 | 1,417 | 2,032 | 1,635 | 2,620 | |
75 |
74 | 602 | 401 | 325 | 246 | 427 | 1,833 | 838 | 1,417 | 2,032 | 1,635 | 2,620 | |
76B |
- | - | - | - | - | - | 1,653 | - | - | - | - | - | |
65/66B |
7,618 | 9,666 | 5,018 | 4,667 | 1,832 | 2,510 | 2,377 | 6,277 | 2,756 | 1,589 | 310 | 105 | |
65 |
7,618 | 9,666 | 5,018 | 4,667 | 1,832 | 2,059 | 2,377 | 3,983 | 2,756 | 1,589 | 310 | 105 | |
66B |
- | - | - | - | 0 | 450 | - | 2,294 | - | - | - | - | |
9903 |
228,082 | 155,786 | 34,643 | 51,401 | 38,586 | 39,083 | 13,736 | 209,752 | 197,635 | 271,750 | 150,152 | 52,304 | |
67/77 |
68,956 | 45,955 | 10,539 | 14,945 | 11,425 | 10,593 | 4,299 | 68,419 | 77,332 | 107,979 | 61,475 | 18,218 | |
9904 |
159,126 | 109,831 | 24,104 | 36,456 | 27,161 | 28,490 | 9,436 | 141,333 | 120,304 | 163,771 | 88,677 | 34,086 | |
9905 |
159,126 | 109,831 | 24,104 | 36,456 | 27,161 | 28,490 | 9,436 | 141,333 | 120,304 | 163,771 | 88,677 | 34,086 | |
| Appropriation of the result | |||||||||||||
9906 |
159,126 | 109,831 | 24,104 | 36,456 | 27,161 | 28,490 | 9,436 | 141,333 | 120,304 | 163,771 | 88,677 | 34,086 | |
791/2 |
61,464 | 140,533 | 284,075 | 0 | 106,897 | - | 18,220 | 131,362 | - | - | - | - | |
691/2 |
159,126 | 109,831 | 24,104 | 35,456 | 27,161 | 26,490 | 7,812 | 140,533 | 120,304 | 163,771 | 88,677 | 16,086 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
159,126 | 109,831 | 24,104 | 35,456 | 27,161 | 26,490 | 7,812 | 140,533 | 120,304 | 163,771 | 88,677 | 14,226 | |
694/7 |
61,464 | 140,533 | 284,075 | 1,000 | 106,897 | 2,000 | 19,844 | 132,162 | - | - | - | 18,000 | |
694 |
61,464 | 140,533 | 284,075 | 0 | 106,897 | - | 19,844 | 132,162 | - | - | - | 18,000 | |
695 |
- | - | 0 | 1,000 | 0 | 2,000 | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00182454 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00262228 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00168095 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00242777 | |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20177381 | |
| 31-12-2020 | micro format | 23-06-2021 | 2021-23500530 | |
| 31-12-2019 | abbreviated format | 17-07-2020 | 2020-31200439 | |
| 31-12-2018 | abbreviated format | 20-06-2019 | 2019-19900317 | |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32000268 | |
| 31-12-2016 | abbreviated format | 13-07-2017 | 2017-30200546 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-56000320 | |
| 31-12-2014 | abbreviated format | 23-08-2015 | 2015-45300558 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 235,791 | 164,850 | 47,018 | 63,506 | 47,974 | 49,898 | 21,472 | 215,475 | 199,524 | 277,763 | 155,618 | 41,911 | ||
| 159,290 | 109,831 | 31,862 | 44,219 | 34,964 | 37,222 | 18,282 | 141,618 | 120,852 | 170,226 | 95,468 | 40,581 | ||
| 3,852 | 0 | 0 | 0 | 0 | 0 | 40,646 | 0 | 338 | -0 | 1,370 | 18,121 | ||
| 98,232 | 14,550 | -143,295 | -67,179 | -61,951 | 35,486 | -36,533 | -15,715 | 98,351 | 192,886 | 117,174 | - | ||
| 350,850 | 294,733 | 314,553 | 534,230 | 503,205 | 562,944 | 523,642 | 565,850 | 556,394 | 435,879 | 265,653 | 171,808 | ||
| 78.4% | 73.6% | 85.3% | 97.2% | 96.2% | 98.2% | 95.5% | 95.8% | 94.4% | 90.3% | 92.1% | 94.5% | ||
| 4.88 | 7.30 | 20.40 | 34.89 | 63.87 | 52.90 | 21.06 | 23.96 | 17.77 | 10.28 | 12.28 | 17.47 | ||
| 0.27 | 0.36 | 0.17 | 0.03 | 0.04 | 0.02 | 0.05 | 0.04 | 0.06 | 0.11 | 0.09 | 0.06 | ||
| 45.6% | 43.7% | 8.5% | 6.7% | 5.4% | 4.9% | 1.7% | 25.0% | 21.6% | 37.5% | 32.5% | 18.5% | ||
| 35.8% | 32.2% | 7.3% | 6.5% | 5.2% | 4.8% | 1.6% | 23.9% | 20.4% | 33.9% | 29.9% | 17.5% | ||
| 30.95 | 17.05 | 9.37 | 13.61 | 26.19 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,852 | - | - | - | - |
| €165 | €0 | €7,758 | €7,763 | €7,803 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on NetB
The operating result for 2025 is 43% higher than in 2024 and the highest since 2016. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 26.4% to 21.6%. Equity and debt are higher.