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NETCODE

Active Private limited companyfounded 2006active for 20 yearsPolenstraat 32, 9160 LokerenKBO/BCE: BE 0881.104.547
NETCODE
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 04-09-2026, 35 days late
€25,142
▼ 92.3%
€4,759
▼ 98.4%
€7,511
▼ 96.4%
€502,643
▼ 33.5%
63.7%
▼ 22.2 percentage points
2.64
▼ 5.06

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €66,000. Estimated: probably between €40,000 and €97,000.

Balance sheet

balance sheet total €869,738 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

63.7%

Higher than 61% of 10,633 companies in 2025.

2.64

Higher than 66% of 10,285 companies in 2025.

0.9%

Higher than 30% of 10,548 companies in 2025.

NETCODE Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 869,738941,082805,939719,725575,432524,812456,187483,009336,296314,239311,939381,780339,858486,238472,744440,843413,864329,030172,990
21/28 60,02072,85987,407106,203139,049167,987186,659185,661146,009146,462134,667196,973209,802427,603425,495387,818384,323242,868135,298
22/27 60,02072,85987,407106,203139,049167,987186,659165,661126,009126,462134,667130,238144,855427,603425,495387,818384,323242,868135,298
22 60,02072,23285,17398,334111,691125,047123,655107,456115,226115,808119,887117,879120,227395,496381,721371,153128,700128,700128,700
23 --3218921,7662,6401,9071,214074148221295196601,7331,9794,6044,912
24 -6261,9126,97725,59240,30154,98449,8602,6321,4102,9594,8809,81910,31814,08814,93210,44714,0701,686
26 ------6,1137,1328,1519,1709,170--------
27 ----------------243,19795,494-
28 -------20,00020,00020,000-66,73564,947------
29/58 809,717868,223718,533613,523436,383356,824269,528297,348190,287167,777177,273184,807130,05658,63547,24953,02529,54186,16237,692
29 216,703265,97515,250----------------
291 216,703265,97515,250----------------
40/41 22,532130,795147,509237,40894,188109,268153,196158,07282,96751,03415,10422,21416,80425,99323,63418,97920,33624,8295,162
40 19,946108,900108,900216,75090,750108,67799,118120,58770,50639,49015,10422,21416,80417,00423,63418,97920,33624,8295,162
41 2,58521,89538,60920,6583,43859154,07837,48512,46211,544---8,989-----
50/53 392,021292,597309,101210,672126,45430,1395,6665,92935,99442,05892,05892,058-------
54/58 178,412174,944246,673165,442215,741217,417103,508126,60652,77954,98770,11070,535113,25332,64223,61534,0469,20561,33332,530
490/1 503,911----7,1596,74118,54619,698---------
Balance sheet: equity and liabilities
10/49 869,738941,082805,939719,725575,432524,812456,187483,009336,296314,239311,939381,780339,858486,238472,744440,843413,864329,030172,990
10/15 554,226808,569680,293564,891408,041362,311275,520279,271196,570142,507143,011109,829160,743196,884154,916117,64079,18452,13726,808
10/11 12,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,500
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------6,1006,1006,1006,1006,1006,1006,1006,1006,1006,1006,1006,1006,100
13 539,308793,651665,375549,973393,123347,393260,602260,602177,902131,193123,69390,51090,510184,384142,416105,14066,68439,63714,308
130/1 1,8601,8601,8601,8601,8601,860-------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860-------------
132 -----18,65096,15096,15096,150129,333121,83388,65088,65088,65069,90051,40032,65019,1507,150
133 537,448791,791663,515548,113391,263326,883162,592162,59279,892----93,87470,65651,88032,17418,6275,298
14 2,4182,4182,4182,4182,4182,4182,4186,1696,169-1,1866,8196,81957,733------
17/49 315,512132,513125,646154,834167,390162,501180,667203,738139,725171,732168,928271,951179,115289,354317,828323,203334,680276,893146,182
17 8,43819,68830,93842,18858,70480,379101,91287,18898,438109,688120,938139,046157,495175,618193,430177,188188,437199,688110,937
170/4 8,43819,68830,93842,18858,70480,379101,91287,18898,438109,688120,938139,046157,495175,618193,430177,188188,437199,688110,937
42/48 307,074112,82594,709112,647108,68782,12270,073116,55141,28862,04547,990132,90521,620104,206118,437139,482146,24377,20535,245
42 11,25011,25011,25016,51621,67521,53321,39257,37311,25011,25018,10918,44918,12317,81217,51511,25011,25011,25011,250
43 -----10,0306,689------------
430/8 -----10,0306,689------------
44 3,72716,8892,4877,02219,5058,53433,34716,46812,9065,8398,3616,3801,9681,2409,09732,97523,89327,03412,828
440/4 3,72716,8892,4877,02219,5058,53433,34716,46812,9065,8398,3616,3801,9681,2409,09732,97523,89327,03412,828
45 34,13281,63677,55873,18963,78742,0258,64542,71017,13210,28317,09138,6031,53012,3578,2338,51822,13423,9205,651
450/3 34,13281,63677,55873,18960,97442,0258,64542,71017,1325,59817,09138,6031,53012,3578,2338,51822,13423,9205,651
454/9 ----2,813----4,685---------
47/48 257,9653,0513,41315,9193,720----34,6734,42969,474-72,79783,59286,73988,96615,0015,516
492/3 ------8,682------9,5305,9616,533---
Income statement
76A ------------67,068------
9900 25,142325,341264,998270,404151,156194,65961,395119,820108,34844,95067,55883,42969,396115,673110,852100,992111,23765,23565,033
630 12,21214,54819,28720,32031,83031,39231,10923,36412,0499,97014,53316,82116,61947,46140,75232,62356,32032,83819,254
635/8 --------6,064----------
640/8 8,1719,3224,87115,8003,73114,2632,9128051,2231,0241,7341,79612,672-5,9472,755347437306
66A ------------------22,195
9901 4,759301,472240,840234,284115,594149,00427,37495,65189,01233,95651,29164,81340,10568,21264,15365,61454,57031,96045,473
75/76B 16,75112,0767986010,5002,9061,71233,9286,2605,2701,0723,4025979730316462683936
75 16,75112,0767986010,5002,9061,71233,9286,2605,2701,0723,4025979730316462683936
65/66B 3,8393,6333,9484,8324,5608,92026,0098,4986,21930,9727,9409,6899,93015,19216,47617,15914,4158,4544,994
65 3,8393,6333,9484,8324,5608,9205,7466,0366,21930,9727,9409,6899,93015,19216,47617,15914,4158,4544,994
66B ------20,2632,462-----------
9903 17,671309,915237,689229,512121,535142,9903,077121,08289,0528,25444,42358,52697,84053,11747,98048,61940,21724,18919,220
67/77 10,15998,93975,57972,66242,62156,2006,82838,38234,9888,75911,24019,44040,10711,14810,70410,16313,170944,912
9904 7,511210,976162,111156,85078,91386,791-3,75182,70054,064-50533,18339,08657,73341,96937,27638,45627,04724,09514,308
789 ----18,65077,500-------------
689 ---------77,500---18,75018,50018,75013,50012,0007,150
9905 7,511210,976162,111156,85097,563164,291-3,75182,70054,064-78,00533,18339,08657,73323,21918,77619,70613,54712,0957,158
Appropriation of the result
9906 9,930213,394164,529159,26899,981166,7092,41888,86952,878-71,18640,00196,81957,73323,21918,77619,70613,54712,0957,158
14P 2,4182,4182,4182,4182,418--------------
791/2 261,85482,70046,709-33,183----70,000--93,874------
691/2 7,511210,976162,111156,85097,563164,291-82,70046,709-33,183--23,21918,77619,70613,54712,0957,158
6920 --------46,709-33,183-------1,860
6921 7,511210,976162,111156,85097,563164,291-82,700-----23,21918,77619,70613,54712,0955,298
694/7 261,85482,70046,709-33,183------90,00093,874------
694 261,85482,70046,709-33,183------90,00093,874------
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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 04-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 35 days after the deadline. Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501297.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 04-09-2026 2026-00501297 PDF
31-12-2024 abbreviated format 23-07-2025 2025-00297459 PDF
31-12-2023 abbreviated format 25-07-2024 2024-00281315 PDF
31-12-2022 abbreviated format 16-06-2023 2023-00130861 PDF
31-12-2021 micro format 30-08-2022 2022-20420262 PDF
31-12-2020 micro format 25-06-2021 2021-24600229 PDF
31-12-2019 micro format 04-11-2020 2020-69100231 PDF
31-12-2018 micro format 13-09-2019 2019-64100402 PDF
31-12-2017 micro format 30-08-2018 2018-57800529 PDF
31-12-2016 micro format 22-08-2017 2017-47900488 PDF
31-12-2015 abbreviated format 31-08-2016 2016-58800202 PDF
31-12-2014 abbreviated format 27-08-2015 2015-51100242 PDF
31-12-2013 abbreviated format 19-08-2014 2014-44000198 PDF
31-12-2012 abbreviated format 26-06-2013 2013-21700387 PDF
31-12-2011 abbreviated format 27-06-2012 2012-22400027 PDF
31-12-2010 abbreviated format 19-07-2011 2011-31900297 PDF
31-12-2009 abbreviated format 23-06-2010 2010-20900552 PDF
31-12-2008 abbreviated format 26-06-2009 2009-30400348 PDF
31-12-2007 abbreviated format 23-06-2008 2008-28600025 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
16,971316,020260,127254,604147,425180,39658,483119,015101,06043,92665,82481,63356,724115,673104,90598,237110,89064,79864,727
19,723225,524181,398177,170110,743118,18327,358106,06466,1139,46547,71655,90674,35289,43078,02871,07983,36756,93333,562
-62608257532,89112,85852,10663,01611,59521,76518,96219,02477,04849,56978,42836,118197,775140,408176,746
3,468-71,72981,231-50,299-1,676113,910-23,09873,827-2,208-15,123-425-42,71880,6119,027-10,43124,841-52,12828,803-
502,643755,397623,824500,876327,697274,702199,455180,797148,999105,732129,28251,902108,436-45,571-71,188-86,457-116,7028,9572,447
63.7%85.9%84.4%78.5%70.9%69.0%60.4%57.8%58.5%45.3%45.8%28.8%47.3%40.5%32.8%26.7%19.1%15.8%15.5%
2.647.707.595.454.024.353.852.554.612.703.691.396.020.560.400.380.201.121.07
0.570.160.180.270.410.450.660.730.711.211.182.481.111.472.052.754.235.315.45
1.4%26.1%23.8%27.8%19.3%24.0%-1.4%29.6%27.5%-0.4%23.2%35.6%35.9%21.3%24.1%32.7%34.2%46.2%53.4%
0.9%22.4%20.1%21.8%13.7%16.5%-0.8%17.1%16.1%-0.2%10.6%10.2%17.0%8.6%7.9%8.7%6.5%7.3%8.3%
4.4286.9865.8852.6932.33--------------

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€825€753€2,891
€12,212€14,548€19,287€20,320€31,830

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on NETCODE

The operating result for 2025 is 98% lower than in 2024 and the lowest since 2007.

Debt's share of the balance-sheet total rises from 14.1% to 36.3%. Equity is lower and debt is higher.

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