Equity
Netclass has made a profit in every financial year since 2020.
In July 2024, 26,972 companies had the same profile as Netclass has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Netclass. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Netclass Evergem | €189,701 | €116,486 | 56.5% | - |
| BRU CLEAN Saint-Josse-ten-Noode | €182,852 | €100,946 | 29.0% | 1.3 |
| HANDYMAN STAFF Berchem-Sainte-Agathe | €207,125 | €102,098 | 70.0% | - |
| PRO GS SERVICES Brussels | €236,006 | €103,743 | 49.3% | - |
| Jona Cleaning Oudenaarde | €183,231 | €176,891 | 22.4% | - |
| S-Services Beveren-Kruibeke-Zwijndrecht | €172,581 | €93,675 | 58.8% | - |
| POROS Herentals | €238,592 | €100,745 | 19.6% | - |
These companies have the same main activity as Netclass: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €173,000 and €239,000, founded between 2018 and 2020.
Netclass files the micro format. That format states no turnover. The gross margin rose from €38,596 in 2020 to €116,486 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €390,000. Estimated: probably between €230,000 and €680,000.
Higher than 67% of 5,730 companies in 2025.
Higher than 82% of 5,591 companies in 2025.
Higher than 47% of 5,617 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
189,701 | 187,655 | 140,228 | 111,516 | 74,420 | 106,393 | |
21/28 |
61,056 | 78,186 | 15,277 | 22,701 | 28,638 | 35,406 | |
22/27 |
61,056 | 78,186 | 15,277 | 22,701 | 28,638 | 35,406 | |
23 |
1,059 | 1,387 | 0 | 676 | 1,470 | 1,021 | |
24 |
59,997 | 76,798 | 15,277 | 22,024 | 27,168 | 34,384 | |
29/58 |
128,645 | 109,469 | 124,951 | 88,816 | 45,782 | 70,987 | |
40/41 |
123,027 | 104,933 | 119,064 | 76,267 | 41,623 | 28,036 | |
40 |
222 | 222 | 23,884 | 0 | 12,250 | - | |
41 |
122,805 | 104,711 | 95,180 | 76,267 | 29,373 | 28,036 | |
54/58 |
5,618 | 3,986 | 5,362 | 12,549 | 4,159 | 42,951 | |
490/1 |
- | 550 | 525 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
189,701 | 187,655 | 140,228 | 111,516 | 74,420 | 106,393 | |
10/15 |
107,149 | 94,990 | 88,846 | 66,696 | 31,476 | 8,496 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
14 |
103,149 | 90,990 | 84,846 | 62,696 | 27,476 | 4,496 | |
17/49 |
82,552 | 92,665 | 51,381 | 44,820 | 42,944 | 97,897 | |
17 |
46,344 | 61,590 | 6,345 | 13,674 | 20,704 | 27,448 | |
170/4 |
46,344 | 61,590 | 6,345 | 13,674 | 20,704 | 27,448 | |
42/48 |
36,208 | 31,075 | 45,037 | 31,146 | 22,240 | 70,449 | |
42 |
8,901 | 8,942 | 7,329 | 7,030 | 6,744 | 6,469 | |
44 |
9,255 | 1,848 | 9,876 | 1,097 | 642 | 52,005 | |
440/4 |
9,255 | 1,848 | 9,876 | 1,097 | 642 | 52,005 | |
45 |
18,051 | 20,285 | 27,832 | 23,019 | 14,854 | 11,975 | |
450/3 |
14,642 | 15,585 | 24,488 | 21,693 | 11,900 | 3,220 | |
454/9 |
3,409 | 4,700 | 3,344 | 1,326 | 2,955 | 8,755 | |
| Income statement | |||||||
9900 |
116,486 | 100,182 | 88,315 | 74,782 | 70,998 | 38,596 | |
62 |
77,681 | 65,472 | 48,031 | 16,993 | 31,990 | 27,773 | |
630 |
19,439 | 20,177 | 8,928 | 8,086 | 8,009 | 1,812 | |
640/8 |
3,125 | 3,346 | 4,515 | 5,151 | 240 | 2,203 | |
9901 |
16,241 | 11,187 | 26,841 | 44,553 | 30,758 | 6,808 | |
75/76B |
7,097 | 5,780 | 4,394 | 3,539 | 1,658 | 1,204 | |
75 |
5,916 | 5,780 | 4,394 | 3,539 | 1,658 | 1,204 | |
76B |
1,181 | - | - | - | - | - | |
65/66B |
4,973 | 4,069 | 768 | 1,166 | 2,603 | 296 | |
65 |
4,973 | 4,069 | 768 | 1,166 | 2,603 | 296 | |
9903 |
18,365 | 12,898 | 30,467 | 46,927 | 29,814 | 7,716 | |
67/77 |
6,206 | 6,755 | 8,317 | 11,707 | 6,833 | 3,220 | |
9904 |
12,160 | 6,144 | 22,150 | 35,220 | 22,981 | 4,496 | |
9905 |
12,160 | 6,144 | 22,150 | 35,220 | 22,981 | 4,496 | |
| Appropriation of the result | |||||||
9906 |
103,149 | 90,990 | 84,846 | 62,696 | 27,476 | 4,496 | |
14P |
90,990 | 84,846 | 62,696 | 27,476 | 4,496 | - | |
| Social balance sheet | |||||||
9087 |
3.8 | 3.7 | 2.4 | 1.7 | 2.2 | 1.8 | |
Hours worked1013 |
1,696 | 2,428 | 1,805 | 769 | 1,228 | 1,306 | |
| Document | |||||||
The notes to these accounts have 8 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 15-10-2026.
2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00561396.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00561396 | |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00511029 | |
| 31-12-2023 | micro format | 09-10-2024 | 2024-00504036 | |
| 31-12-2022 | micro format | 28-11-2023 | 2023-00519720 | |
| 31-12-2021 | micro format | 20-12-2022 | 2022-20540972 | |
| 31-12-2020 | micro format | 13-10-2021 | 2021-71900145 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 35,680 | 31,364 | 35,769 | 52,639 | 38,767 | 8,621 | ||
| 31,598 | 26,320 | 31,078 | 43,306 | 30,990 | 6,308 | ||
| 7,533 | 83,086 | 1,504 | 2,148 | 1,242 | 37,218 | ||
| 1,632 | -1,376 | -7,186 | 8,390 | -38,792 | - | ||
| 92,437 | 78,394 | 79,915 | 57,669 | 23,542 | 538 | ||
| 56.5% | 50.6% | 63.4% | 59.8% | 42.3% | 8.0% | ||
| 3.55 | 3.52 | 2.77 | 2.85 | 2.06 | 1.01 | ||
| 0.77 | 0.98 | 0.58 | 0.67 | 1.36 | 11.52 | ||
| 11.3% | 6.5% | 24.9% | 52.8% | 73.0% | 52.9% | ||
| 6.4% | 3.3% | 15.8% | 31.6% | 30.9% | 4.2% | ||
| 7.18 | 7.71 | 46.56 | 45.16 | 14.90 | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 5 | 5 | 2 | 2 |
| full-time | 1 | 1 | 2 | 1 | 2 |
| part-time | 3 | 4 | 3 | 1 | 0 |
| in full-time equivalents | 2.3 | 2.8 | 3.2 | 1.4 | 2 |
| 2.7 | 3.4 | 2.4 | 1.7 | 2.2 | |
| On a permanent contract | 4 | 5 | 5 | 2 | - |
| Joined | 0 | 1 | - | 1 | - |
| Left | 1 | 1 | - | 1 | - |
| Training hours | - | - | - | 0 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,533 | €83,086 | €1,504 | €2,148 | €1,242 |
| €19,439 | €20,177 | €8,928 | €8,086 | €8,009 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 49.4% to 43.5%. Equity is higher and debt is lower.
Netclass has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Constant Permekestraat 15 registered office 9940 Evergem | 20-11-2019 | 2.295.812.727 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43006F0328/00E000 | 587 m² | 1 · 168 m² | 5.5 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0737.874.941
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