Checked.be
Active
BE 0800.432.716Private limited company
Netch
Zulzekestraat 40 ·9690 Kluisbergen, Belgium· 3 yrs active
Sector: Other business support services
(82990)
Conclusion
Netch has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €44k. Equity is growing by ~58.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 1089 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €116k |
| Net result | €44k |
| Better than sector | 65% |
| Active | 3 yrs |
Financial profile
94
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
100
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€12k
estimate, not credit advice
Score history
83
2023
100
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.07 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.07 (≥ 1.0)
+5
Leverage
Debt/equity 0.44 (< 1.0)
+10
Profitability
ROE 38% (≥ 10%)
+10
Interest coverage
Interest coverage 47.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-05-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~58.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 82, Office administrative, office support and other business support activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 69.3% | 51.4% | |
| Net result | €44k | €24k | |
| Equity | €116k | €51k | |
| Gross operating margin | €75k | €46k | |
| Total assets | €167k | €117k |
€74k
+14.2%
23-25
€44k
+7.4%
23-25
€56k
+6.4%
23-25
€167k
+31.5%
23-25
€116k
+60.7%
23-25
€105k
+78.3%
23-25
€17k
+57.2%
23-25
€51k
-6.8%
23-25
€34k
+20.0%
23-25
€14k
-41.9%
23-25
4.07
+32.7%
23-25
4.07
+32.7%
23-25
69.3%
+22.2%
23-25
0.44
-42.0%
23-25
37.8%
-33.2%
23-25
26.2%
-18.3%
23-25
46.99
+37.6%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €74k | €65k | €47k |
| Net profit | €44k | €41k | €26k |
| Cash flow | €56k | €52k | €35k |
| Staff costs | - | - | - |
| Income taxes | €17k | €11k | €10k |
| Dividends | - | - | - |
| Total assets | €167k | €127k | €98k |
| Equity | €116k | €72k | €31k |
| Debt | €51k | €55k | €67k |
| of which ≤ 1y | €34k | €29k | €31k |
| of which > 1y | €14k | €24k | €34k |
| Working capital | €105k | €59k | €18k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 4.07 | 3.06 | 1.57 |
| Quick ratio | 4.07 | 3.06 | 1.57 |
| Working capital ratio | 63.3% | 46.6% | 18.3% |
| Solvency | 69.3% | 56.7% | 31.9% |
| Debt / equity | 0.44 | 0.76 | 2.14 |
| Long-term debt ratio | 0.12 | 0.34 | 1.08 |
| Interest coverage | 46.99 | 34.15 | 32.87 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 26.2% | 32.1% | 27.0% |
| ROE | 37.8% | 56.5% | 84.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €167k | €127k | €98k |
| Fixed assets | 21/28 | €27k | €39k | €49k |
| Tangible fixed assets | 22/27 | €27k | €39k | €49k |
| Current assets | 29/58 | €140k | €88k | €49k |
| Amounts receivable within one year | 40/41 | €21k | €17k | €12k |
| Cash & bank | 54/58 | €118k | €70k | €37k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €167k | €127k | €98k |
| Equity | 10/15 | €116k | €72k | €31k |
| Contributions / capital | 10/11 | €5k | €5k | €5k |
| Reserves | 13 | €111k | €67k | €26k |
| Amounts payable | 17/49 | €51k | €55k | €67k |
| Amounts payable after one year | 17 | €14k | €24k | €34k |
| Amounts payable within one year | 42/48 | €34k | €29k | €31k |
| Trade debts payable within one year | 44 | €283 | €4k | €2k |
| Income statement | ||||
| Gross operating margin | 9900 | €75k | €66k | €47k |
| Operating result | 9901 | €62k | €53k | €38k |
| Financial income | 75 | €22 | €10 | €149 |
| Financial charges | 65 | €2k | €2k | €1k |
| Result before taxes | 9903 | €61k | €52k | €37k |
| Income taxes | 67/77 | €17k | €11k | €10k |
| Net result for the period | 9904 | €44k | €41k | €26k |
| Result to be appropriated | 9905 | €44k | €41k | €26k |
Legal Structure
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 05-04-2023 |
| Status | Active |
| Postal code | 9690 |
Establishment units
Netch
since 20232.344.899.972
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45058A0246/00S000 | Flanders | 806 m² | 1 · 133 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €44k ▲7.4%
Operating result €62k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲60.7%
3 profitable years in a row build equity to €116k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Other business support services82990Business and other management consultancy70200Business consulting70220
Names & trade names
| Legal nameNL | Netch |
| Trade nameNL | Netch |
Similar companies
ConverSant R&D
BE 0805.558.967 · Zottegem
EV LOGISTICS & SERVICES
BE 0790.576.823 · Deinze
EMMA SOLUTIONS
BE 0866.162.290 · Sint-Pieters-Woluwe
Vista Capital Advisors
BE 0844.371.538 · Brussel
DENTAL CONSULTING AGENCY MP
BE 1007.254.334 · Tienen