NETCREW
Annual accounts 2026
abbreviated format, filed on 29-10-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €130,000 and €670,000.
Balance sheet
balance sheet total €112,516 on 31-03-2026in euro
in euro
Position in the sector
8.6%
Higher than 43% of 9,902 companies in 2025.
1.07
Higher than 42% of 9,665 companies in 2025.
-28.7%
Higher than 9% of 9,780 companies in 2025.
Staff
€66,733
Staff costs divided by the average number of full-time equivalents.
Training hours in 2026: 3.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
112,516 | 116,366 | 108,944 | 137,972 | 123,275 | 93,791 | 117,128 | 101,627 | 118,609 | 112,069 | 114,659 | 143,313 | 129,943 | 144,255 | 190,345 | 87,310 | 91,566 | |
21/28 |
2,288 | 5,168 | 7,986 | 8,931 | 8,791 | 13,864 | 18,019 | 25,689 | 29,618 | 14,275 | 17,299 | 25,273 | 28,530 | 40,270 | 54,848 | 31,976 | 43,675 | |
21 |
- | - | - | - | - | 4,000 | 8,000 | 12,000 | 16,000 | - | - | - | - | 1,004 | 13,057 | 25,110 | 37,163 | |
22/27 |
2,288 | 5,168 | 7,986 | 8,931 | 8,791 | 9,849 | 10,004 | 13,674 | 13,603 | 14,260 | 17,284 | 25,258 | 28,515 | 39,251 | 41,776 | 3,006 | 2,652 | |
23 |
118 | 275 | 433 | 591 | 748 | - | - | - | - | - | - | - | - | - | 523 | 1,139 | 1,215 | |
24 |
1,741 | 4,139 | 6,190 | 5,437 | 5,324 | 4,375 | 1,642 | 2,291 | 1,988 | 1,469 | 2,273 | 10,870 | 21,516 | 31,248 | 41,253 | 1,867 | 1,437 | |
26 |
429 | 753 | 1,362 | 2,904 | 2,718 | 5,474 | 8,362 | 11,383 | 11,615 | 12,791 | 15,011 | 14,389 | 6,999 | 8,003 | - | - | - | |
28 |
- | - | - | - | - | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 3,860 | 3,860 | |
29/58 |
110,228 | 111,198 | 100,958 | 129,041 | 114,484 | 79,927 | 99,109 | 75,939 | 88,991 | 97,795 | 97,360 | 118,040 | 101,413 | 103,985 | 135,496 | 55,334 | 47,891 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 13,091 | - | - | - | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 13,091 | - | - | - | |
40/41 |
79,382 | 71,826 | 61,230 | 75,554 | 61,103 | 41,829 | 50,561 | 51,279 | 60,450 | 44,482 | 38,189 | 61,149 | 62,493 | 49,170 | 91,954 | 23,928 | 10,094 | |
40 |
77,368 | 69,436 | 60,840 | 70,216 | 61,103 | 40,340 | 50,561 | 51,169 | 60,450 | 44,482 | 37,864 | 61,149 | 62,488 | 47,861 | 90,273 | 23,928 | 8,901 | |
41 |
2,014 | 2,390 | 390 | 5,338 | - | 1,489 | - | 109 | - | - | 326 | - | 5 | 1,309 | 1,681 | - | 1,192 | |
54/58 |
23,667 | 36,100 | 36,792 | 49,765 | 49,088 | 35,338 | 40,652 | 16,545 | 19,889 | 45,939 | 51,660 | 47,474 | 28,651 | 30,832 | 41,879 | 31,405 | 36,516 | |
490/1 |
7,180 | 3,272 | 2,936 | 3,723 | 4,293 | 2,760 | 7,896 | 8,115 | 8,652 | 7,373 | 7,510 | 9,417 | 10,269 | 10,891 | 1,664 | - | 1,282 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
112,516 | 116,366 | 108,944 | 137,972 | 123,275 | 93,791 | 117,128 | 101,627 | 118,609 | 112,069 | 114,659 | 143,313 | 129,943 | 144,255 | 190,345 | 87,310 | 91,566 | |
10/15 |
9,638 | 41,918 | 55,626 | 65,531 | 65,014 | 42,033 | 13,847 | 88 | -7,367 | -1,851 | -8,024 | -7,373 | 3,576 | 6,748 | 12,880 | 14,028 | 15,053 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
13 |
- | 23,318 | 37,026 | 46,931 | 46,414 | 23,433 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
- | 23,318 | 37,026 | 46,931 | 46,414 | 23,433 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-8,962 | - | - | - | - | - | -4,753 | -18,512 | -25,967 | -20,451 | -26,624 | -25,973 | -15,025 | -11,852 | -5,720 | -4,572 | -3,547 | |
17/49 |
102,878 | 74,448 | 53,319 | 72,441 | 58,261 | 51,758 | 103,282 | 101,539 | 125,975 | 113,920 | 122,683 | 150,686 | 126,368 | 137,507 | 177,465 | 73,282 | 76,513 | |
17 |
- | - | - | - | - | - | - | - | - | - | 361 | 4,694 | 9,027 | 13,359 | 17,692 | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 361 | 4,694 | 9,027 | 13,359 | 17,692 | - | - | |
42/48 |
102,878 | 74,448 | 53,319 | 44,631 | 58,261 | 51,758 | 98,802 | 101,539 | 125,975 | 113,920 | 115,122 | 124,586 | 93,161 | 124,148 | 115,208 | 73,282 | 76,513 | |
42 |
- | - | - | - | - | - | - | - | - | 361 | 4,333 | 4,333 | 4,333 | 4,333 | 3,972 | - | - | |
44 |
77,954 | 51,683 | 32,937 | 11,383 | 10,553 | 11,835 | 27,119 | 32,771 | 40,815 | 36,727 | 68,831 | 61,952 | 33,345 | 59,036 | 63,840 | 21,945 | 30,941 | |
440/4 |
77,954 | 51,683 | 32,937 | 11,383 | 10,553 | 11,835 | 27,119 | 32,771 | 40,815 | 36,727 | 68,831 | 61,952 | 33,345 | 59,036 | 63,840 | 21,945 | 30,941 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,600 | |
45 |
20,932 | 18,539 | 16,058 | 28,924 | 21,406 | 13,567 | 18,356 | 14,527 | 30,919 | 22,111 | 16,558 | 25,371 | 22,071 | 27,036 | 13,324 | 16,613 | 12,242 | |
450/3 |
10,291 | 8,225 | 5,171 | 15,654 | 9,334 | 2,256 | 11,241 | 7,364 | 15,628 | 9,178 | 10,646 | 6,896 | 5,740 | 6,514 | 1,034 | 4,714 | 856 | |
454/9 |
10,640 | 10,314 | 10,887 | 13,270 | 12,072 | 11,311 | 7,114 | 7,163 | 15,290 | 12,933 | 5,912 | 18,475 | 16,331 | 20,522 | 12,289 | 11,899 | 11,386 | |
47/48 |
3,992 | 4,225 | 4,324 | 4,324 | 26,302 | 26,356 | 53,327 | 54,241 | 54,241 | 54,721 | 25,400 | 32,931 | 33,412 | 33,742 | 34,072 | 34,725 | 25,730 | |
492/3 |
- | - | - | 27,810 | - | - | 4,480 | - | - | - | 7,200 | 21,406 | 24,180 | - | 44,565 | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | 4,959 | 1,800 | - | - | 7,669 | - | - | 932 | - | - | - | |
9900 |
37,593 | 54,529 | 58,875 | 64,266 | 93,709 | 100,051 | 85,380 | 90,900 | 95,131 | 97,768 | 92,681 | 128,127 | 131,432 | 148,238 | 116,774 | 100,790 | 174,059 | |
62 |
66,733 | 63,972 | 63,589 | 58,810 | 53,140 | 51,357 | 54,651 | 69,777 | 91,127 | 80,883 | 88,298 | 123,103 | 115,243 | 116,594 | 81,295 | 82,487 | 148,752 | |
630 |
2,880 | 3,561 | 4,359 | 3,594 | 9,003 | 8,795 | 9,032 | 9,191 | 7,852 | 3,459 | 8,955 | 13,323 | 13,241 | 24,739 | 23,282 | 14,387 | 26,145 | |
631/4 |
- | - | - | -1,775 | - | 1,775 | - | - | - | - | - | - | - | - | 140 | - | - | |
640/8 |
302 | 657 | 693 | 2,417 | 596 | 584 | 1,338 | 934 | 1,250 | 1,439 | 2,221 | 1,824 | 2,425 | 2,041 | 1,316 | 1,339 | 1,531 | |
66A |
- | - | - | - | - | - | - | - | 165 | - | 312 | - | - | 10,212 | 7,464 | - | - | |
9901 |
-32,322 | -13,660 | -9,766 | 1,221 | 30,969 | 37,541 | 20,359 | 10,998 | -5,263 | 11,986 | -6,793 | -10,122 | 523 | 4,863 | 10,741 | 2,577 | -2,368 | |
75/76B |
120 | 19 | 4 | - | - | 270 | 6 | 17 | 0 | - | 441 | 14 | 29 | 302 | 167 | 11 | 4 | |
75 |
120 | 19 | 4 | - | - | 270 | 6 | 17 | 0 | - | 441 | 14 | 29 | 302 | 167 | 11 | 4 | |
65/66B |
78 | 65 | 69 | 64 | 71 | 106 | 38 | 85 | 115 | 221 | 218 | 691 | 784 | 618 | 125 | 776 | 332 | |
65 |
78 | 65 | 69 | 64 | 71 | 106 | 38 | 85 | 115 | 221 | 218 | 691 | 784 | 618 | 125 | 776 | 332 | |
9903 |
-32,280 | -13,707 | -9,830 | 1,156 | 30,898 | 37,704 | 20,327 | 10,930 | -5,378 | 11,766 | 787 | -10,799 | -231 | -4,733 | 3,319 | 1,812 | -2,696 | |
67/77 |
- | - | 75 | 639 | 7,916 | 9,518 | 6,568 | 3,476 | 139 | 5,592 | 1,438 | 149 | 2,941 | 1,399 | 4,467 | 2,837 | 851 | |
9904 |
-32,280 | -13,707 | -9,905 | 517 | 22,981 | 28,186 | 13,759 | 7,455 | -5,516 | 6,174 | -651 | -10,948 | -3,173 | -6,132 | -1,147 | -1,025 | -3,547 | |
9905 |
-32,280 | -13,707 | -9,905 | 517 | 22,981 | 28,186 | 13,759 | 7,455 | -5,516 | 6,174 | -651 | -10,948 | -3,173 | -6,132 | -1,147 | -1,025 | -3,547 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-32,280 | -13,707 | -9,905 | 517 | 22,981 | 23,433 | -4,753 | -18,512 | -25,967 | -20,451 | -26,624 | -25,973 | -15,025 | -11,852 | -5,720 | -4,572 | -3,547 | |
791/2 |
23,318 | 13,707 | 9,905 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 517 | 22,981 | 23,433 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | 517 | 22,981 | 23,433 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
1 | 1 | 1 | 1 | 1 | 1 | 1.1 | 1.8 | 1.9 | 1.8 | 2.1 | 3 | 3 | 2.9 | 2 | 2.4 | 3.5 | |
Hours worked1013 |
1,748 | 1,756 | 1,741 | 1,748 | 1,725 | 1,754 | 1,890 | 3,085 | 3,105 | 3,106 | 3,420 | 5,099 | 4,853 | 5,086 | 3,489 | 3,999 | 7,245 | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 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 2026 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00601879 | |
| 31-03-2025 | abbreviated format | 23-10-2025 | 2025-00557326 | |
| 31-03-2024 | abbreviated format | 18-10-2024 | 2024-00510026 | |
| 31-03-2023 | abbreviated format | 30-10-2023 | 2023-00501201 | |
| 31-03-2022 | abbreviated format | 18-10-2022 | 2022-20465215 | |
| 31-03-2021 | abbreviated format | 25-10-2021 | 2021-73300164 | |
| 31-03-2020 | abbreviated format | 13-11-2020 | 2020-70300506 | |
| 31-03-2019 | abbreviated format | 25-09-2019 | 2019-65900077 | |
| 31-03-2018 | abbreviated format | 23-10-2018 | 2018-70000194 | |
| 31-03-2017 | abbreviated format | 12-09-2017 | 2017-60800594 | |
| 31-03-2016 | abbreviated format | 14-10-2016 | 2016-65800450 | |
| 31-03-2015 | abbreviated format | 25-09-2015 | 2015-60300008 | |
| 31-03-2014 | abbreviated format | 30-09-2014 | 2014-62500222 | |
| 31-03-2013 | abbreviated format | 29-10-2013 | 2013-64900413 | |
| 31-03-2012 | abbreviated format | 11-09-2012 | 2012-56100478 | |
| 31-03-2011 | abbreviated format | 27-09-2011 | 2011-55800028 | |
| 31-03-2010 | abbreviated format | 08-12-2010 | 2010-63000207 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €475 awarded, €357 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €119 | €119 |
| 2024 | 1 | €267 | €149 |
| 2023 | 1 | €0 | €89 |
| 2022 | 1 | €89 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -29,442 | -10,099 | -5,407 | 4,814 | 39,972 | 46,335 | 29,391 | 20,189 | 2,589 | 15,446 | 2,162 | 3,200 | 13,764 | 29,602 | 34,023 | 16,964 | 23,777 | ||
| -29,400 | -10,146 | -5,546 | 4,111 | 31,984 | 36,981 | 22,790 | 16,645 | 2,336 | 9,633 | 8,304 | 2,374 | 10,068 | 18,608 | 22,134 | 13,362 | 22,598 | ||
| 0 | 743 | 3,414 | 3,734 | 3,945 | 4,639 | 1,362 | 5,262 | 23,360 | 435 | 5,506 | 10,066 | 1,501 | 12,479 | 50,935 | 2,689 | 69,820 | ||
| -12,433 | -691 | -12,973 | 677 | 13,750 | -5,314 | 24,107 | -3,344 | -26,050 | -5,721 | 4,186 | 18,823 | -2,181 | -11,047 | 10,474 | -5,110 | - | ||
| 7,350 | 36,751 | 47,640 | 84,409 | 56,223 | 28,169 | 308 | -25,601 | -36,984 | -16,125 | -17,762 | -6,547 | 8,252 | -20,163 | 20,289 | -17,949 | -28,622 | ||
| 8.6% | 36.0% | 51.1% | 47.5% | 52.7% | 44.8% | 11.8% | 0.1% | -6.2% | -1.7% | -7.0% | -5.1% | 2.8% | 4.7% | 6.8% | 16.1% | 16.4% | ||
| 1.07 | 1.49 | 1.89 | 2.89 | 1.97 | 1.54 | 1.00 | 0.75 | 0.71 | 0.86 | 0.85 | 0.95 | 1.09 | 0.84 | 1.18 | 0.76 | 0.63 | ||
| 1.07 | 1.49 | 1.89 | 2.89 | 1.97 | 1.54 | 1.00 | 0.75 | 0.71 | 0.86 | 0.85 | 0.95 | 1.09 | 0.73 | 1.18 | 0.76 | 0.63 | ||
| 10.67 | 1.78 | 0.96 | 1.11 | 0.90 | 1.23 | 7.46 | - | - | - | - | - | 35.34 | 20.38 | 13.78 | 5.22 | 5.08 | ||
| -334.9% | -32.7% | -17.8% | 0.8% | 35.3% | 67.1% | 99.4% | - | - | - | - | - | -88.7% | -90.9% | -8.9% | -7.3% | -23.6% | ||
| -28.7% | -11.8% | -9.1% | 0.4% | 18.6% | 30.1% | 11.7% | 7.3% | -4.7% | 5.5% | -0.6% | -7.6% | -2.4% | -4.3% | -0.6% | -1.2% | -3.9% | ||
| -377.81 | -154.21 | -78.32 | 74.92 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 1 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Training hours | 3 | 43 | - | - | - |
Source: social balance sheet in the 2022 to 2026 annual accounts
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €743 | €3,414 | €3,734 | €3,945 |
| €2,880 | €3,561 | €4,359 | €3,594 | €9,003 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on NETCREW
The operating result for 2026 is a loss of €32,322, larger than the loss of €13,660 in 2025. It is the lowest result since 2010.
Debt's share of the balance-sheet total rises from 64.0% to 91.4%. Equity is lower and debt is higher.