NETbyte
ActiveSummary
NETbyte has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201,417 and a net result of €31,792. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+18
Solvency78▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.86 in 2024; short-term debt: 44.5% and cash: 28.6% of total assets), and 47.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
61 d late
2023
57 d late
2022
57 d late
2021
31 d late
2020
23 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€201,417▲ 18.7%
2024 · €169,624
Total assets
€382,629▲ 14.3%
2024 · €334,673
Net result
€31,792▲ 814%
2024 · €3,479
Working capital
€149,604▲ 25.2%
2024 · €119,459
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
Line20212022202320242025
Operating result€112,165▼ 22.5%€19,252▼ 82.8%€5,698▼ 70.4%€11,377▲ 99.7%€48,945▲ 330%
Net result€85,520▼ 11.4%€13,055▼ 84.7%€1,613▼ 87.6%€3,479▲ 116%€31,792▲ 814%
Equity€151,477▼ 8.7%€164,532▲ 8.6%€166,145▲ 1.0%€169,624▲ 2.1%€201,417▲ 18.7%
Total assets€345,288▼ 14.6%€312,670▼ 9.4%€357,508▲ 14.3%€334,673▼ 6.4%€382,629▲ 14.3%
Debt€193,811▼ 18.7%€148,138▼ 23.6%€191,363▲ 29.2%€165,049▼ 13.8%€181,213▲ 9.8%
Working capital€127,955▼ 9.5%€147,549▲ 15.3%€125,302▼ 15.1%€119,459▼ 4.7%€149,604▲ 25.2%
Staff (FTE)1.3▼ 7.1%2▲ 53.8%2=2=1.3▼ 35.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 330% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382,629
Fixed assets
€62,669 ▼ 18.2%
Current assets
€319,960 ▲ 24.0%
Equity and liabilities €382,629
Equity
€201,417 ▲ 18.7%
Debt
€181,213 ▲ 9.8%
Debt's share of the balance-sheet total falls from 49.3% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69,145▲
2024 · €31,182
Cash flow
€51,993▲
2024 · €23,283
Current ratio
1.88▲
2024 · 1.86
Quick ratio
1.47▲
2024 · 1.20
Debt to equity
0.90▼
2024 · 0.97
ROE
15.8%▲
2024 · 2.1%
ROA
8.3%▲
2024 · 1.0%
Interest coverage
16.61▲
2024 · 4.95
Debt ≤ 1 year
€170,356▲
2024 · €138,574
Debt > 1 year
€10,857▼
2024 · €26,475
Income taxes
€17,369▲
2024 · €4,019
Staff costs
€54,112▼
2024 · €98,868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €14,328 | - | - | - | €9,786 | - |
| Remuneration, social security and pensions62 | €72,100 | €93,162 | €91,813 | €98,868 | €54,112 | ▼ 45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,078 | €10,158 | €18,902 | €19,805 | €20,200 | ▲ 2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€1,500 | - | - |
| Other operating charges640/8 | €1,239 | €1,602 | €1,214 | €3,053 | €2,403 | ▼ 21.3% |
| Non-recurring operating charges66A | - | - | €900 | - | - | - |
| Gross operating margin9900 | €196,582 | €124,174 | €118,527 | €131,603 | €125,659 | ▼ 4.5% |
| Operating profit (loss)9901 | €112,165 | €19,252 | €5,698 | €11,377 | €48,945 | ▲ 330% |
| Financial income75/76B | €787 | €1,435 | €1,014 | €2,417 | €4,380 | ▲ 81.2% |
| Recurring financial income75 | €787 | €1,435 | €1,014 | €2,417 | €4,380 | ▲ 81.2% |
| Financial charges65/66B | €1,644 | €1,091 | €3,129 | €6,296 | €4,163 | ▼ 33.9% |
| Recurring financial charges65 | €1,644 | €1,091 | €3,129 | €6,296 | €4,163 | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | €111,308 | €19,596 | €3,583 | €7,498 | €49,162 | ▲ 556% |
| Income taxes67/77 | €25,788 | €6,541 | €1,970 | €4,019 | €17,369 | ▲ 332% |
| Profit (loss) for the period9904 | €85,520 | €13,055 | €1,613 | €3,479 | €31,792 | ▲ 814% |
| Transfer from tax-exempt reserves789 | €17,883 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €103,403 | €13,055 | €1,613 | €3,479 | €31,792 | ▲ 814% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €345,288 | €312,670 | €357,508 | €334,673 | €382,629 | ▲ 14.3% |
| Fixed assets21/28 | €23,522 | €16,983 | €82,173 | €76,641 | €62,669 | ▼ 18.2% |
| Tangible fixed assets22/27 | €22,182 | €15,642 | €80,826 | €75,289 | €61,302 | ▼ 18.6% |
| Plant, machinery and equipment23 | €19,446 | €14,274 | €9,387 | €16,691 | €15,545 | ▼ 6.9% |
| Furniture and vehicles24 | €340 | €170 | - | €0 | €0 | - |
| Other tangible fixed assets26 | €2,396 | €1,198 | €71,439 | €58,598 | €45,757 | ▼ 21.9% |
| Financial fixed assets28 | €1,340 | €1,341 | €1,347 | €1,352 | €1,367 | ▲ 1.1% |
| Current assets29/58 | €321,766 | €295,687 | €275,335 | €258,033 | €319,960 | ▲ 24.0% |
| Amounts receivable after more than one year29 | €30,000 | - | - | - | - | - |
| Other amounts receivable291 | €30,000 | - | - | - | - | - |
| Stocks and contracts in progress3 | €87,016 | €79,837 | €62,454 | €91,096 | €70,000 | ▼ 23.2% |
| Stocks30/36 | €87,016 | €79,837 | €62,454 | €91,096 | €70,000 | ▼ 23.2% |
| Amounts receivable within one year40/41 | €81,422 | €119,800 | €114,789 | €125,283 | €132,876 | ▲ 6.1% |
| Trade receivables40 | €73,355 | €110,990 | €84,407 | €46,165 | €56,646 | ▲ 22.7% |
| Other amounts receivable41 | €8,067 | €8,810 | €30,382 | €79,119 | €76,229 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €118,744 | €91,267 | €91,752 | €33,814 | €109,461 | ▲ 224% |
| Deferred charges and accrued income490/1 | €4,584 | €4,783 | €6,340 | €7,840 | €7,623 | ▼ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €345,288 | €312,670 | €357,508 | €334,673 | €382,629 | ▲ 14.3% |
| Equity10/15 | €151,477 | €164,532 | €166,145 | €169,624 | €201,417 | ▲ 18.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €147,857 | €147,857 | €147,857 | €147,858 | €179,650 | ▲ 21.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €145,997 | €145,997 | €145,997 | €147,858 | €179,650 | ▲ 21.5% |
| Profit (loss) carried forward14 | -€14,980 | -€1,925 | -€312 | €3,167 | €3,167 | = |
| Amounts payable17/49 | €193,811 | €148,138 | €191,363 | €165,049 | €181,213 | ▲ 9.8% |
| Amounts payable after more than one year17 | - | - | €41,329 | €26,475 | €10,857 | ▼ 59.0% |
| Financial debts170/4 | - | - | €41,329 | €26,475 | €10,857 | ▼ 59.0% |
| Amounts payable within one year42/48 | €193,811 | €148,138 | €150,033 | €138,574 | €170,356 | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | - | - | €14,120 | €14,854 | €15,619 | ▲ 5.1% |
| Financial debts43 | €5,016 | €37,529 | €30,073 | €30,045 | €30,045 | = |
| Credit institutions430/8 | €5,016 | €37,529 | €30,073 | €30,045 | €30,045 | = |
| Trade debts44 | €31,252 | €71,448 | €76,415 | €61,337 | €97,531 | ▲ 59.0% |
| Suppliers440/4 | €31,252 | €71,448 | €76,415 | €61,337 | €97,531 | ▲ 59.0% |
| Advances received on contracts in progress46 | - | - | €225 | €225 | - | - |
| Taxes, remuneration and social security45 | €57,543 | €34,409 | €28,846 | €31,819 | €27,161 | ▼ 14.6% |
| Taxes450/3 | €35,440 | €17,704 | €11,658 | €11,644 | €18,461 | ▲ 58.5% |
| Remuneration and social security454/9 | €22,103 | €16,705 | €17,188 | €20,175 | €8,700 | ▼ 56.9% |
| Other amounts payable47/48 | €100,000 | €4,752 | €354 | €294 | - | - |
| Accrued charges and deferred income492/3 | - | - | €1 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,520 | €13,055 | €1,613 | €3,479 | €31,792 | ▲ 814% |
| + Depreciation and write-downs630 | €11,078 | €10,158 | €18,902 | €19,805 | €20,200 | ▲ 2.0% |
| Operating cash flow (approximation) | €96,598 | €23,213 | €20,515 | €23,283 | €51,993 | ▲ 123% |
| Investment in fixed assets (approximation) | - | -€3,619 | -€84,092 | -€14,272 | -€6,229 | ▲ 56.4% |
| Change in cash | - | -€27,477 | €485 | -€57,938 | €75,648 | ▲ 231% |
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
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200,000Eq €201,417 ▲18.7%
6 profitable years in a row build equity to €201,417.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
31-12
Financial
Back to profitnet €96,522
Net result €96,522 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €165,957 ▲56%
Equity rises from €106,364 to €165,957.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€6,412
Net result drops to -€6,412, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Knokke-Heist · 1 establishment unit since 1988
Ground area
348 m²
Building footprint
148 m²
Volume, LiDAR
689 m³
Parcel 31333H0614/00K002, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NETBYTE
since 19882.037.949.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31333H0614/00K002 | Flanders | 348 m² | 1 · 147 m² | 11.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 1,355 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
Founded26-04-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434163486
Also
9925:BE0434163486
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.