NETCAB SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of NETCAB SOLUTIONS is 2.3% (moderate). The annual accounts of NETCAB SOLUTIONS for fiscal year 2025 show a net loss of 108% of total assets and of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-26k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 994 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency69▼-26
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.48 against 3.03 in 2024; short-term debt: 55.7% and cash: 31.6% of total assets), and 55.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.3%
Return on assets
-107.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
1 d early
2022
7 d early
2021
on the day
2020
4 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€11k▼ 70.9%
2024 · €36k
Total assets
€24k▼ 53.9%
2024 · €51k
Net result
€-26k
2024 · €15k
Working capital
€6k▼ 79.3%
2024 · €31k
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€4k▼ 71.0%€492▼ 88.9%€1k▲ 134%€21k▲ 1,721%€-26k
Net result€4k▼ 74.4%€98▼ 97.2%€853▲ 769%€15k▲ 1,647%€-26k
Equity€20k▲ 21.0%€20k▲ 0.5%€21k▲ 4.2%€36k▲ 70.2%€11k▼ 70.9%
Total assets€30k▼ 30.8%€32k▲ 6.6%€30k▼ 5.6%€51k▲ 72.4%€24k▼ 53.9%
Debt€9k▼ 64.1%€11k▲ 19.9%€9k▼ 23.3%€15k▲ 77.6%€13k▼ 13.6%
Working capital€17k▲ 18.2%€18k▲ 6.1%€19k▲ 5.3%€31k▲ 65.7%€6k▼ 79.3%
Staff (FTE)0.30.3=2▲ 567%2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€4k ▼ 19.5%
Current assets
€20k ▼ 57.6%
Equity and liabilities €24k
Equity
€11k ▼ 70.9%
Debt
€13k ▼ 13.6%
Debt's share of the balance-sheet total rises from 29.8% to 55.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-24k▼
2024 · €23k
Cash flow
€-24k▼
2024 · €17k
Current ratio
1.48▼
2024 · 3.03
Debt to equity
1.26▲
2024 · 0.42
ROE
-243.7%▼
2024 · 41.3%
ROA
-107.9%▼
2024 · 29.0%
Interest coverage
-73.18▼
2024 · 46.93
Debt ≤ 1 year
€13k▼
2024 · €15k
Income taxes
€141▼
2024 · €6k
Staff costs
€25k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2k | €2k | €4k | €25k | ▲ 514% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €777 | €925 | €1k | €2k | €2k | ▲ 13.5% |
| Other operating charges640/8 | €553 | €543 | €782 | €1k | €1k | ▼ 20.6% |
| Gross operating margin9900 | €6k | €4k | €5k | €28k | €2k | ▼ 93.2% |
| Operating profit (loss)9901 | €4k | €492 | €1k | €21k | €-26k | ▼ 222% |
| Financial income75/76B | - | - | €298 | €441 | €418 | ▼ 5.2% |
| Recurring financial income75 | - | - | €298 | €441 | €418 | ▼ 5.2% |
| Financial charges65/66B | €63 | €277 | €473 | €482 | €323 | ▼ 32.9% |
| Recurring financial charges65 | €63 | €277 | €473 | €482 | €323 | ▼ 32.9% |
| Profit (loss) for the period before taxes9903 | €4k | €215 | €974 | €21k | €-25k | ▼ 222% |
| Income taxes67/77 | €861 | €117 | €121 | €6k | €141 | ▼ 97.6% |
| Profit (loss) for the period9904 | €4k | €98 | €853 | €15k | €-26k | ▼ 272% |
| Profit (loss) for the period to be appropriated9905 | €4k | €98 | €853 | €15k | €-26k | ▼ 272% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €32k | €30k | €51k | €24k | ▼ 53.9% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €4k | €3k | €2k | €5k | €4k | ▼ 19.5% |
| Intangible fixed assets21 | - | - | €564 | €444 | €324 | ▼ 27.0% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €4k | €3k | ▼ 20.1% |
| Land and buildings22 | €1k | €1k | €886 | €750 | €613 | ▼ 18.2% |
| Plant, machinery and equipment23 | €2k | €1k | €638 | €267 | €851 | ▲ 219% |
| Furniture and vehicles24 | €749 | €439 | €397 | €3k | €2k | ▼ 39.7% |
| Financial fixed assets28 | - | - | - | €298 | €298 | = |
| Current assets29/58 | €26k | €29k | €27k | €46k | €20k | ▼ 57.6% |
| Stocks and contracts in progress3 | €141 | €77 | €305 | €546 | €0 | ▼ 100% |
| Stocks30/36 | €141 | €77 | €305 | €546 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €11k | €22k | €17k | €30k | €11k | ▼ 61.8% |
| Trade receivables40 | €6k | €16k | €4k | €24k | €3k | ▼ 85.7% |
| Other amounts receivable41 | €4k | €6k | €13k | €6k | €8k | ▲ 30.2% |
| Cash at bank and in hand54/58 | €14k | €5k | €9k | €15k | €7k | ▼ 50.4% |
| Deferred charges and accrued income490/1 | €996 | €1k | €1k | €727 | €702 | ▼ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €32k | €30k | €51k | €24k | ▼ 53.9% |
| Equity10/15 | €20k | €20k | €21k | €36k | €11k | ▼ 70.9% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €17k | €17k | €18k | €33k | €8k | ▼ 77.3% |
| Amounts payable17/49 | €9k | €11k | €9k | €15k | €13k | ▼ 13.6% |
| Amounts payable within one year42/48 | €9k | €11k | €9k | €15k | €13k | ▼ 13.6% |
| Trade debts44 | €6k | €8k | €8k | €8k | €4k | ▼ 56.8% |
| Suppliers440/4 | €6k | €8k | €8k | €8k | €4k | ▼ 56.8% |
| Taxes, remuneration and social security45 | €3k | €4k | €135 | €7k | €10k | ▲ 35.9% |
| Taxes450/3 | €3k | €3k | €135 | €6k | €6k | ▼ 8.0% |
| Remuneration and social security454/9 | - | €674 | - | €1k | €4k | ▲ 301% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €98 | €853 | €15k | €-26k | ▼ 272% |
| + Depreciation and write-downs630 | €777 | €925 | €1k | €2k | €2k | ▲ 13.5% |
| Operating cash flow (approximation) | €4k | €1k | €2k | €17k | €-24k | ▼ 243% |
| Investment in fixed assets (approximation) | - | €0 | €-992 | €-4k | €-911 | ▲ 78.7% |
| Change in cash | - | €-9k | €3k | €6k | €-8k | ▼ 221% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2020net €15k ▲1,647%
Operating result €21k, net result €15k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waremme · 1 establishment unit since 2020
Ground area
654 m²
Building footprint
61 m²
Volume, LiDAR
621 m³
Parcel 64074A0342/00K000, Wallonia · tallest building 11.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NETCAB SOLUTIONS
since 20202.299.909.590
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074A0342/00K000 | Wallonia | 653 m² | 1 · 61 m² | 11.5 m · 4 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
Food safety, FASFC
1 siteWaremme2.299.909.590
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Of 1,824 companies in sector 42220 we hold annual accounts for 956. 517 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
Founded20-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
53200Other postal and courier activities
Scores and ratios are computed by Checked and are not a credit decision.