Financials
- Financial year
- 2025
- Total assets
- €27,729
- Loss
- -€29,422
- Solvency
- 93.2%
Total assets▼ 51.3%
Net result
20192025
Netflex
ActiveSummary
The annual accounts of Netflex for financial year 2025 show a net loss of 106% of total assets and of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €25,853 and a net result of -€29,422. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 88% of 221 sector peers (NACE 35, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Electricity, gas, steam and air conditioning supply
NACE 35150
1 site
Size
€27,729total assets 2025
- Equity
- €25,853
- Loss
- -€29,422
Turnover not published (micro format)
Structure
- ENERGETIQDirector · permanent representative LENAERTS Stijn
- Invisible WebDirector · permanent representative ANRIJS Bart
Accounts 1 day early2 of 4 deeds read
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €29,422, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 41.00, cash €25,281Equity €25,853 (93.2% of total assets)Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 35, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency
100=
equity 93.2% of total assets
Liquidity
100+22
short-term debt 2.4% · cash 91.2%
Profitability
0=
return on assets -106.1%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.5%▲ +0.1 percentage points vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%▼ -0.2 percentage points vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.6%▲ +0.1 percentage points vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026highest value
04-2026: 0.3%▼ -0.3 percentage points vs 03-2026lowest value
05-2026: 0.3%● unchanged vs 04-2026lowest value
06-2026: 0.3%● unchanged vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 41.0, compared with 37.15 in 2024, above the usual 1.5; short-term debt: 2.4% and cash: 91.2% of total assets), and 6.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro): better than 88% on solvency, 96% on liquidity, 8% on profitability and 15% on growth.
The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€29,422
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 30-03-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 day early
2024
12 days early
2023
6 days early
2022
11 days early
2021
1 day early
2020
on the day
2019
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 26 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-08-2026 year end14-10-2026 today31-03-2027 deadline
- Permanent representative: De Clercq KoenDeclaration · Capital increase ·…
- Resignations: DE PELSMAEKER Tom, LENAERTS Stijn…Appointments: ENERGETIQ (director) and Invisible…
- Annual accounts filedfinancial year 2025 · micro…
Key points
- Caution: Board changedlatest change 13-07-2026 · 2 in office 2 joined · 3 left View
- Caution: Among the weakest 10% on net resultsector median €5,897 · 221 companies -€29,422 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€29,422 View
By topic
Board & ownership
- Board
- 2 members
- ENERGETIQDirector
- Invisible WebDirector
Timeline
- Events
- 15
- Since
- 2019
- Next accounts
- by 31-03-2027
- 31-08-2025Weakest financial year
- 19-03-2025Annual accounts filed
- 31-08-2024Liquidity more than 13 times
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35150
- Founded
- 07-04-2017
- Year ends
- 31-08
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 12
- Who signs
- Each director alone
- Financial year
- From 1 October to 30 September
- Annual meeting
- First Thursday of March at 20:00
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