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NETEX

Active
Private limited companyfounded 198145 yrs activeGrote Baan 142, 2235 Hulshout, BelgiumKBO/BCE: BE 0421.612.577

NETEX has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €94k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
78 / 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-20
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 13.23 against 12.82 in 2024), and 7.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 45 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.4%
Return on assets
6.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 filings
Deviation from the deadline
2025
21 d late
2024
31 d late
2023
28 d late
2022
30 d late
2021
22 d late
2020
61 d late
2019
100 d late
← before the deadline after the deadline →
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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.28M▲ 7.9%
2024 · €1.19M
2018: €663k 2019: €739k 2020: €837k 2021: €890k 2022: €968k 2023: €1.05M 2024: €1.19M
2018 → 2025
Total assets
€1.39M▲ 7.6%
2024 · €1.29M
2018: €775k 2019: €851k 2020: €1.04M 2021: €1.08M 2022: €1.09M 2023: €1.18M 2024: €1.29M
2018 → 2025
Net result
€94k▼ 31.2%
2024 · €136k
2018: €61k 2019: €87k 2020: €98k 2021: €84k 2022: €78k 2023: €83k 2024: €136k
2018 → 2025
Working capital
€1.28M▲ 7.9%
2024 · €1.19M
2018: €651k 2019: €733k 2020: €833k 2021: €886k 2022: €966k 2023: €1.05M 2024: €1.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€890k-€968k▲ 8.7%€1.05M▲ 8.6%€1.19M▲ 13.0%€1.28M▲ 7.9%
Operating result€103k-€98k▼ 4.6%€106k▲ 7.4%€126k▲ 19.4%€99k▼ 21.5%
Net result€84k-€78k▼ 8.0%€83k▲ 6.7%€136k▲ 64.7%€94k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €103k€103kNet result 2021: €84k€84kOperating result 2022: €98k€98kNet result 2022: €78k€78kOperating result 2023: €106k€106kNet result 2023: €83k€83kOperating result 2024: €126k€126kNet result 2024: €136k€136kOperating result 2025: €99k€99kNet result 2025: €94k€94k20212022202320242025
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets €0=
Current assets €1.39M▲ 7.6%
Equity and liabilities €1.39M
Equity €1.28M▲ 7.9%
Debt €105k▲ 4.3%
The debt ratio falls from 7.8% to 7.6%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
Solvency
92.4%
2024 · 92.2%
Current ratio
13.23
2024 · 12.82
Quick ratio
12.99
2024 · 12.55
Debt / equity
0.08
2024 · 0.08
ROE
7.3%
2024 · 11.5%
ROA
6.8%
2024 · 10.6%
Debt
€105k
2024 · €100k
Debt ≤ 1 year
€105k
2024 · €100k
Income taxes
€25k
2024 · €29k
Staff costs
€50k
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.29M€1.39M
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Land and buildings22€0€0
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0
Leasing and similar rights25€0€0=
Current assets29/58€1.29M€1.39M
Stocks and contracts in progress3€27k€25k
Stocks30/36€27k€25k
Amounts receivable within one year40/41€114k€109k
Trade receivables40€109k€103k
Other amounts receivable41€4k€6k
Cash at bank and in hand54/58€1.15M€1.25M
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.39M
Equity10/15€1.19M€1.28M
Contributions10/11€19k€19k=
Reserves13€1.17M€1.26M
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€1.16M€1.26M
Amounts payable17/49€100k€105k
Amounts payable within one year42/48€100k€105k
Trade debts44€2k€2k=
Suppliers440/4€2k€2k=
Taxes, remuneration and social security45€46k€50k
Taxes450/3€37k€42k
Remuneration and social security454/9€8k€8k
Other amounts payable47/48€53k€53k=
Income statement Code20242025
Remuneration, social security and pensions62€51k€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395-
Other operating charges640/8€14k€9k
Gross operating margin9900€192k€157k
Operating profit (loss)9901€126k€99k
Financial income75/76B€40k€23k
Recurring financial income75€40k€23k
Financial charges65/66B€768€2k
Recurring financial charges65€768€2k
Profit (loss) for the period before taxes9903€165k€119k
Income taxes67/77€29k€25k
Profit (loss) for the period9904€136k€94k
Profit (loss) for the period to be appropriated9905€136k€94k
Appropriation of the result
Profit (loss) to be appropriated9906€136k€94k
Transfer to equity691/2€136k€94k
To other reserves6921€136k€94k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Highest result since 2018net €136k ▲64.7%
Operating result €126k, net result €136k, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial Equity above €1MEq €1.05M ▲8.6%
6 profitable years in a row build equity to €1.05M.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
08-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 100 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
09-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Hulshout · 1 establishment unit since 1981
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Grote Baan 1422235 Hulshout
Ground area
583 m²
Building footprint
296 m²
Volume, LiDAR
1,584 m³
Parcel 13016D0084/00F000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grote Baan 142, 2235 Hulshout
NACE 51476
since 19812.231.248.042
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13016D0084/00F000 Flanders 583 m² 1 · 296 m² 11.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,299 companies in sector 46423 we hold annual accounts for 807. 409 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-04-1981
Fiscal year end31-12
Activities, NACEBEL
46423Wholesale of clothing, excluding workwear and underwear
46496Wholesale trade
51421
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:info@netex-sport.be
Establishment Hulshout 2.231.248.042
Phone:015/223154
Establishment Hulshout 2.231.248.042