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NETHYS

Active
Public limited companyfounded 1999active for 27 yearsBoulevard Piercot 46, 4000 Liège, BelgiumKBO/BCE: BE 0465.607.720
Summary

NETHYS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65bn and a net result of €18.3m. Equity has been growing by about 3.9% per year since 2018. Its solvency ranks better than 95% of 845 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
NETHYSActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 13-04-1999 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Market research and public opinion polling NACE 73200and 1 other
Establishment unit
2.091.221.614 4000 Liège, since 03-06-1999
Financial year end
31 December
Peppol
Reachable since 20-11-2025
Company details

Board and ownership

Board
and 7 others
Auditor
RSM INTERAUDIT SRL
Shareholders
  • ENODIA2025 annual accounts of ENODIA
Holdings
Shares in 17 companies including ELICIO and NETHYS IMMO
Board & ownership

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€488,102
▲ 123%
Operating revenue
€2.5m
▼ 71.4%
Profit
€18.3m
▼ 74.1%
Equity
€1.65bn
▼ 1.4%
Total assets
€1.72bn
▼ 0.8%
Employees on 31-12-2025
8
▼ 11.1%
Turnover +123%: merger
Financials
Score breakdownraises riskLiquidity: current ratio 23.65, cash €28.7mSize: turnover €488,102, 8.8 FTE, total assets €1.72bnlowers riskFounded in 1999Equity €1.65bn (95.8% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in advertising and market research (NACE 73)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 100=
equity 95.8% of total assets
Liquidity 52+1
short-term debt 2.8% · cash 1.7%
Profitability 13-65
return on assets 1.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.1%▼ -0.2 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 23.65 (22.01 in 2024), above the usual 1.5. Short-term debt is 2.8% and cash 1.7% of total assets. 4.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 87% of them on solvency, 42% on liquidity, 17% on profitability and 67% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 23.65, cash €28.7m
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €488,102, 8.8 FTE, total assets €1.72bn
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €1.65bn (95.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 days early
2024
93 days early
2023
79 days early
2022
67 days early
2021
45 days early
2020
2 days early
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Turnover rose in 2025merger with NEWCO 1 ▲ 123% View
  • Positive: Largest company by total assets in Belgium, Advertising and market research sectorin the Checked rankings No. 1 View
  • Board changedlatest change 27-10-2026 · 9 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: 5 profitable years in a rowprofit 2025: €18.3m 5 years View

Recent changes

  1. · Gazette deed Resignation: Bertrand Demonceau (director)Appointment: Caroline Louon (director)
  2. · Gazette deed Resignation: Bertrand Demonceau (director)
  3. · Gazette deed Resignations: Laurent LEVAUX, Bernard THIRY and 6 othersAppointments: Laurent LEVAUX, Bernard THIRY and 7 others
All 76 events

Companies linked to NETHYS

Comparable companies

These companies have the same main activity as NETHYS: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €185m and €391m, founded between 1985 and 2012.

CompanyTotal assetsTurnover
NETHYS Liège€1,721.3m€0.5m
RUCO Zulte€226.6m€2.2m
SAN VITO Sint-Lambrechts-Woluwe€391.3m-
CLINIMETRICS Ukkel€197.7m€0.3m
GROUP DE CLOEDT Elsene€184.9m€1.7m
PARCOFIN Gembloux€213.2m-
Koinon Moorslede€257.3m€1.0m
Full comparison

Key facts about NETHYS
What is the company number of NETHYS?
The company number of NETHYS is 0465.607.720. The VAT number is the same number with BE in front: BE 0465.607.720.
Where is NETHYS based?
The registered office is at Boulevard Piercot 46, 4000 Liège.Company details
What does NETHYS do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of NETHYS?
The legal form of NETHYS is Public limited company (NV).
When was NETHYS founded?
NETHYS was founded on 13-04-1999.
Is NETHYS still active?
Yes, NETHYS is an active enterprise in the KBO register.
How many employees does NETHYS have?
NETHYS had an average of 8.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NETHYS?
The turnover of NETHYS was €488,102 in financial year 2025, according to the filed annual accounts.
Is NETHYS profitable?
In financial year 2025, NETHYS made a profit of €18.3m.
Where can I find the annual accounts of NETHYS?
NETHYS filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NETHYS due?
NETHYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.ENODIA · 41 companies Compare this company with its sector.Sector benchmark

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