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NETCO

Active Private limited companyfounded 2009active for 16 yearsKlaverveld 8, 2490 BalenKBO/BCE: BE 0822.145.769

Lifetime

16 annual accounts with figures on one time axis
peak €251,533 (2010)
€87,592▲ 6.4%
lowest -€6,253 (2018)
€6,558▲ 93.0%
peak €49,605 (2025)
€49,605▲ 15.2%
€5,010▼ 3.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €10,294 to €14,573Result from €3,398 to €6,558Equity from €43,046 to €49,605Investments €13,924

Key points

from the 2025 annual accounts

Investments

€13,924 7.8 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Payment terms

17 days to suppliers
Suppliers
13 to 17
Customers
55 to 10

NETCO pays its suppliers 4 days later than in 2024. Customers pay 45 days earlier.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 1 to 71 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as NETCO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 34,721 companies, not a prediction for NETCO. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0822145769
Registered office moved from Bouwel to Balen New registered office: Klaverveld 8-2490 Balen · Previous registered office: Kroonspaadje 36, 2288 Bouwel · General meeting of 13-11-2024 · Gazette deed
Change of role: , from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · General meeting of 15-02-2023 · Gazette deed
First establishment Klaverveld 8, Balen
All 30 events

Comparable companies

same main activity, similar in size and age
Company
NETCO Balen €87,592 13.9% 90.8% -
NEXX Brussels - - 81.7% -
TMedia Schelle €73,919 10.3% 65.3% -
See Sharper Hulshout - - 61.3% -
COGESTIX Auderghem - - -32.2% -
DANANCO Walhain - - 13.1% -
EXPANTIS Sint-Gillis (bij-Brussel) - - 53.3% -
-10%0%10%20%€100,000€1m€10m€100m€1bn€10bnNETCOEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as NETCO: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €38,900 and €81,300, founded between 2008 and 2012.

Official details

Source: KBO
Status
Active since 17-12-2009Normal situation
Activity
Wholesale of information and communication equipmentNACE 46500and 2 others
Establishment unit
2.184.198.5872490 Balen, since 01-01-2010
Financial year end
31 December
Peppol
Reachable since 10-06-2025
Company details

Annual accounts 2025

€54,615▲ 13.3%
Filing
Filed on 21-05-2026, 71 days before the end of the filing period
Financials

Insights on NETCO

NETCO has existed since 2009. Turnover fell from €251,533 in 2010 to €87,592 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NETCO

What is the company number of NETCO?
The company number of NETCO is 0822.145.769. The VAT number is the same number with BE in front: BE 0822.145.769.
Where is NETCO based?
The registered office is at Klaverveld 8, 2490 Balen.Company details
What does NETCO do?
According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
What is the legal form of NETCO?
NETCO is a private limited company (BV).
When was NETCO founded?
NETCO was founded on 17-12-2009.
Is NETCO still active?
Yes, NETCO is an active enterprise in the KBO register.
What is the turnover of NETCO?
The turnover of NETCO was €87,592 in financial year 2025, according to the filed annual accounts.Financials
Is NETCO profitable?
In financial year 2025, NETCO made a profit of €6,558.
Where can I find the annual accounts of NETCO?
NETCO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NETCO due?
NETCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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