Equity
€554,226 ▼ 31.5%
NETCODE paid out €261,854 in dividends. That is 3,486% of the 2025 profit.
NETCODE
Lifetime
19 annual accounts with figures on one time axispeak €325,341 (2024)
€25,142▼ 92.3%
lowest -€3,751 (2019)
€7,511▼ 96.4%
peak €808,569 (2024)
€554,226▼ 31.5%
€315,512▲ 138%
Board1 name since 2021
1 director
Documentsfilings and deeds
04-09-202635 days late
2025abbreviated format
Gross margin from €325,341 to €25,142Result from €210,976 to €7,511Dividend €261,854Equity from €808,569 to €554,226Debts from €132,513 to €315,512
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as NETCODE has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 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 14,769 companies, not a prediction for NETCODE. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881104547
Change of role: , from manager to statutory director
Reappointment: (statutory director) · Director discharge: · General meeting of 24-03-2023 · Gazette deed
Incorporation
published on 15-05-2006 · Gazette deed
First establishment
Polenstraat 32, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NETCODE Lokeren | €0.9m | €25,142 | 63.7% | - |
| BOOM MANAGEMENT & COACHING Sint-Niklaas | €0.9m | €25,769 | 82.5% | - |
| SHV Consult Sint-Martens-Latem | €0.8m | €22,427 | 4.7% | - |
| EMMA LEVANTE Ghent | €0.9m | €27,438 | 31.7% | - |
| MIGPRIL Geraardsbergen | €1.1m | €25,937 | 80.7% | - |
| VAN NOOTEN EDDY Ravels | €0.9m | €24,506 | 80.8% | - |
| RSCOM Chaudfontaine | €0.9m | €23,719 | 74.5% | - |
These companies have the same main activity as NETCODE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €831,000 and €1.1m, founded between 2003 and 2007.
Official details
Source: KBO- Status
- Active since 04-05-2006Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.153.568.8589160 Lokeren, since 04-05-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 11-03-2026
Insights on NETCODE
NETCODE files the abbreviated format. That format states no turnover. The gross margin fell from €65,033 in 2007 to €25,142 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 NETCODE
- What is the company number of NETCODE?
- The company number of NETCODE is 0881.104.547. The VAT number is the same number with BE in front: BE 0881.104.547.
- Where is NETCODE based?
- The registered office is at Polenstraat 32, 9160 Lokeren.Company details
- What does NETCODE do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of NETCODE?
- NETCODE is a private limited company (BV).
- When was NETCODE founded?
- NETCODE was founded on 04-05-2006.
- Is NETCODE still active?
- Yes, NETCODE is an active enterprise in the KBO register.
- What is the turnover of NETCODE?
- The turnover in financial year 2025 is ≈ €66,000. This figure is estimated from the gross margin of €25,142 and 69 comparable companies (NACE 70200). It probably lies between €40,000 and €97,000.Financials
- Is NETCODE profitable?
- In financial year 2025, NETCODE made a profit of €7,511.
- Where can I find the annual accounts of NETCODE?
- NETCODE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NETCODE due?
- NETCODE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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