NETCON
ActiveSummary
NETCON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €444k and a net result of €96k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+95
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 48.39 against 26.99 in 2024; short-term debt: 1.8% and cash: 3.3% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98%
Return on assets
21.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
3 d early
2023
29 d late
2022
30 d late
2021
25 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€444k▲ 27.5%
2024 · €348k
2018: €108klowest in 8 years
2019: €237k▲ +119% vs 2018
2020: €530k▲ +124% vs 2019highest in 8 years
2021: €508k▼ -4.3% vs 2020
2022: €452k▼ -11.0% vs 2021
2023: €407k▼ -10.1% vs 2022
2024: €348k▼ -14.4% vs 2023
2025: €444k▲ +27.5% vs 2024
2018 → 2025
Total assets
€453k▲ 26.2%
2024 · €359k
2018: €640k
2019: €555k▼ -13.3% vs 2018
2020: €754k▲ +35.9% vs 2019highest in 8 years
2021: €622k▼ -17.5% vs 2020
2022: €497k▼ -20.0% vs 2021
2023: €427k▼ -14.1% vs 2022
2024: €359k▼ -16.0% vs 2023lowest in 8 years
2025: €453k▲ +26.2% vs 2024
2018 → 2025
Net result
€96k
2024 · €-59k
2018: €53k
2019: €129k▲ +142% vs 2018
2020: €310k▲ +141% vs 2019highest in 8 years
2021: €-19k▼ -106% vs 2020
2022: €-56k▼ -187% vs 2021
2023: €-45k▲ +18.6% vs 2022
2024: €-59k▼ -28.8% vs 2023lowest in 8 years
2025: €96k▲ +264% vs 2024
2018 → 2025
Working capital
€388k▲ 48.4%
2024 · €261k
2018: €147k
2019: €103k▼ -30.0% vs 2018lowest in 8 years
2020: €411k▲ +300% vs 2019highest in 8 years
2021: €387k▼ -5.8% vs 2020
2022: €335k▼ -13.5% vs 2021
2023: €301k▼ -10.1% vs 2022
2024: €261k▼ -13.3% vs 2023
2025: €388k▲ +48.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€508k-€452k▼ 11.0%€407k▼ 10.1%€348k▼ 14.4%€444k▲ 27.5%
2021: €508khighest in 5 years
2022: €452k▼ -11.0% vs 2021
2023: €407k▼ -10.1% vs 2022
2024: €348k▼ -14.4% vs 2023lowest in 5 years
2025: €444k▲ +27.5% vs 2024
Operating result€-39k-€-52k▼ 32.6%€-53k▼ 2.9%€-69k▼ 29.6%€89k
2021: €-39k
2022: €-52k▼ -32.6% vs 2021
2023: €-53k▼ -2.9% vs 2022
2024: €-69k▼ -29.6% vs 2023lowest in 5 years
2025: €89k▲ +230% vs 2024highest in 5 years
Net result€-19k-€-56k▼ 187%€-45k▲ 18.6%€-59k▼ 28.8%€96k
2021: €-19k
2022: €-56k▼ -187% vs 2021
2023: €-45k▲ +18.6% vs 2022
2024: €-59k▼ -28.8% vs 2023lowest in 5 years
2025: €96k▲ +264% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €89k after a loss of €69k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€57k ▼ 34.9%
Current assets
€396k ▲ 45.9%
Equity and liabilities €453k
Equity
€444k ▲ 27.5%
Debt
€9k ▼ 16.5%
Debt's share of the balance-sheet total falls from 3.0% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106k▲
2024 · €-49k
Cash flow
€113k▲
2024 · €-39k
Current ratio
48.39▲
2024 · 26.99
Debt to equity
0.02▼
2024 · 0.03
ROE
21.6%▲
2024 · -16.8%
ROA
21.2%▲
2024 · -16.3%
Interest coverage
339.43▲
2024 · -37.30
Debt ≤ 1 year
€8k▼
2024 · €10k
Staff costs
€41k▲
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€359k€453k▲
Fixed assets21/28€88k€57k▼
Tangible fixed assets22/27€88k€57k▼
Land and buildings22€87k€42k▼
Plant, machinery and equipment23€706€433▼
Furniture and vehicles24-€14k
Current assets29/58€271k€396k▲
Amounts receivable after more than one year29€260k€375k▲
Trade receivables290€260k€375k▲
Amounts receivable within one year40/41€3k€5k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€7k€15k▲
Deferred charges and accrued income490/1€1k€856▼
Equity and liabilities
Total equity and liabilities10/49€359k€453k▲
Equity10/15€348k€444k▲
Contributions10/11€19k€19k=
Reserves13€476k€476k=
Distributable reserves133€476k€476k=
Profit (loss) carried forward14€-147k€-51k▲
Amounts payable17/49€11k€9k▼
Amounts payable within one year42/48€10k€8k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€1k€0▼
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€663€768▲
Income statement
Code20242025
Remuneration, social security and pensions62€41k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€17k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€-4k€151k▲
Operating profit (loss)9901€-69k€89k▲
Financial income75/76B€11k€7k▼
Recurring financial income75€8k€7k▼
Non-recurring financial income76B€3k€0▼
Financial charges65/66B€1k€313▼
Recurring financial charges65€1k€313▼
Profit (loss) for the period before taxes9903€-59k€96k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-59k€96k▲
Profit (loss) for the period to be appropriated9905€-59k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-147k€-51k▲
Profit (loss) brought forward from the previous period14P€-88k€-147k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €20k | €41k | €41k | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €24k | €22k | €20k | €17k | ▼ 14.5% |
| Other operating charges640/8 | €4k | €6k | €7k | €4k | €4k | ▼ 13.0% |
| Gross operating margin9900 | €-10k | €-21k | €-4k | €-4k | €151k | ▲ 4,372% |
| Operating profit (loss)9901 | €-39k | €-52k | €-53k | €-69k | €89k | ▲ 230% |
| Financial income75/76B | €36k | €14k | €10k | €11k | €7k | ▼ 39.3% |
| Recurring financial income75 | €36k | €14k | €10k | €8k | €7k | ▼ 17.8% |
| Non-recurring financial income76B | - | - | - | €3k | €0 | ▼ 100% |
| Financial charges65/66B | €8k | €18k | €2k | €1k | €313 | ▼ 76.0% |
| Recurring financial charges65 | €8k | €18k | €2k | €1k | €313 | ▼ 76.0% |
| Profit (loss) for the period before taxes9903 | €-10k | €-56k | €-45k | €-59k | €96k | ▲ 264% |
| Income taxes67/77 | €9k | €300 | €136 | €0 | - | - |
| Profit (loss) for the period9904 | €-19k | €-56k | €-45k | €-59k | €96k | ▲ 264% |
| Transfer from tax-exempt reserves789 | €34k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14k | €-56k | €-45k | €-59k | €96k | ▲ 264% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €622k | €497k | €427k | €359k | €453k | ▲ 26.2% |
| Fixed assets21/28 | €157k | €129k | €108k | €88k | €57k | ▼ 34.9% |
| Tangible fixed assets22/27 | €152k | €129k | €108k | €88k | €57k | ▼ 34.9% |
| Land and buildings22 | €146k | €126k | €107k | €87k | €42k | ▼ 51.2% |
| Plant, machinery and equipment23 | €231 | €1k | €979 | €706 | €433 | ▼ 38.6% |
| Furniture and vehicles24 | €6k | €2k | - | - | €14k | - |
| Financial fixed assets28 | €5k | - | - | - | - | - |
| Current assets29/58 | €464k | €368k | €319k | €271k | €396k | ▲ 45.9% |
| Amounts receivable after more than one year29 | €325k | €325k | €315k | €260k | €375k | ▲ 44.2% |
| Trade receivables290 | €325k | €325k | €315k | €260k | €375k | ▲ 44.2% |
| Amounts receivable within one year40/41 | €30k | €7k | - | €3k | €5k | ▲ 41.0% |
| Trade receivables40 | €9k | €3k | - | - | - | - |
| Other amounts receivable41 | €21k | €4k | - | €3k | €5k | ▲ 41.0% |
| Current investments50/53 | €71k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €36k | €35k | €3k | €7k | €15k | ▲ 130% |
| Deferred charges and accrued income490/1 | €2k | €721 | €1k | €1k | €856 | ▼ 28.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €622k | €497k | €427k | €359k | €453k | ▲ 26.2% |
| Equity10/15 | €508k | €452k | €407k | €348k | €444k | ▲ 27.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €476k | €476k | €476k | €476k | €476k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €475k | €475k | €476k | €476k | €476k | = |
| Profit (loss) carried forward14 | €13k | €-43k | €-88k | €-147k | €-51k | ▲ 65.2% |
| Amounts payable17/49 | €114k | €45k | €20k | €11k | €9k | ▼ 16.5% |
| Amounts payable after more than one year17 | €37k | €11k | - | - | - | - |
| Financial debts170/4 | €37k | €11k | - | - | - | - |
| Amounts payable within one year42/48 | €77k | €33k | €18k | €10k | €8k | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | €26k | €26k | €11k | €0 | - | - |
| Trade debts44 | €118 | €232 | €153 | €2k | €2k | ▲ 19.2% |
| Suppliers440/4 | €118 | €232 | €153 | €2k | €2k | ▲ 19.2% |
| Taxes, remuneration and social security45 | €48k | €7k | €6k | €8k | €6k | ▼ 25.8% |
| Taxes450/3 | €48k | €7k | €2k | €1k | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €4k | €7k | €6k | ▼ 13.4% |
| Other amounts payable47/48 | €3k | - | €1k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €1k | €2k | €663 | €768 | ▲ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19k | €-56k | €-45k | €-59k | €96k | ▲ 264% |
| + Depreciation and write-downs630 | €24k | €24k | €22k | €20k | €17k | ▼ 14.5% |
| Operating cash flow (approximation) | €5k | €-31k | €-24k | €-39k | €113k | ▲ 393% |
| Investment in fixed assets (approximation) | - | €4k | €0 | €0 | €13k | - |
| Change in cash | - | €-614 | €-32k | €3k | €8k | ▲ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €96k
Net result €96k after 4 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €310k ▲141%
Operating result €453k, net result €310k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.56
Current ratio from 1.45 to 3.56; short-term debt falls from €227k to €161k.
31-12
Financial
Equity above €500kEq €530k ▲124%
3 profitable years in a row build equity to €530k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
Show earlier events
2019
31-12
Financial
Equity above €200kEq €237k ▲119%
2 profitable years in a row build equity to €237k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oud-Heverlee · 1 establishment unit since 1998
Ground area
502 m²
Building footprint
96 m²
Volume, LiDAR
659 m³
Parcel 24086B0186/00W003, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Netcon
since 19982.088.808.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24086B0186/00W003 | Flanders | 502 m² | 1 · 96 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 4,250 EUR awarded · 4,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,000 EUR | 3,000 EUR |
| 2023 | 1 | 1,250 EUR | 1,250 EUR |
Schemes
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Recognitions · licences · registrations
Legal Entity Identifier
875500S1BGLNCVI89X34
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SVEPI
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ARAMIS ISC
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 12,469 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
Website
htpp://www.ncn.be
E-mail
erwin@ncn.be
Phone
016290007
Scores and ratios are computed by Checked and are not a credit decision.