NETOBEL
ActiveSummary
NETOBEL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €3k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 9.33 against 6.37 in 2024; short-term debt: 10.6% and cash: 1.4% of total assets), and 10.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.4%
Return on assets
1.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
50 d late
2023
40 d late
2022
44 d late
2021
29 d late
2020
27 d late
2019
42 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, abbreviated schema
Equity
€175k▲ 1.6%
2024 · €172k
2018: €96klowest in 8 years
2019: €111k▲ +15.5% vs 2018
2020: €138k▲ +24.2% vs 2019
2021: €102k▼ -26.3% vs 2020
2022: €158k▲ +55.4% vs 2021
2023: €165k▲ +4.1% vs 2022
2024: €172k▲ +4.7% vs 2023
2025: €175k▲ +1.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€196k▼ 3.9%
2024 · €204k
2018: €165klowest in 8 years
2019: €165k▲ +0.3% vs 2018
2020: €197k▲ +19.2% vs 2019
2021: €306k▲ +55.4% vs 2020highest in 8 years
2022: €215k▼ -29.8% vs 2021
2023: €205k▼ -4.7% vs 2022
2024: €204k▼ -0.3% vs 2023
2025: €196k▼ -3.9% vs 2024
2018 → 2025
Net result
€3k▼ 63.9%
2024 · €8k
2018: €15k
2019: €15k▼ -1.7% vs 2018
2020: €27k▲ +80.3% vs 2019
2021: €7k▼ -75.2% vs 2020
2022: €56k▲ +745% vs 2021highest in 8 years
2023: €6k▼ -88.6% vs 2022
2024: €8k▲ +21.4% vs 2023
2025: €3k▼ -63.9% vs 2024lowest in 8 years
2018 → 2025
Working capital
€173k▲ 2.2%
2024 · €169k
2018: €96klowest in 8 years
2019: €109k▲ +13.6% vs 2018
2020: €128k▲ +17.3% vs 2019
2021: €101k▼ -21.6% vs 2020
2022: €158k▲ +56.5% vs 2021
2023: €162k▲ +2.8% vs 2022
2024: €169k▲ +4.6% vs 2023
2025: €173k▲ +2.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€158k▲ 55.4%€165k▲ 4.1%€172k▲ 4.7%€175k▲ 1.6%
2021: €102klowest in 5 years
2022: €158k▲ +55.4% vs 2021
2023: €165k▲ +4.1% vs 2022
2024: €172k▲ +4.7% vs 2023
2025: €175k▲ +1.6% vs 2024highest in 5 years
Operating result€15k-€77k▲ 429%€11k▼ 86.2%€12k▲ 13.2%€9k▼ 25.8%
2021: €15k
2022: €77k▲ +429% vs 2021highest in 5 years
2023: €11k▼ -86.2% vs 2022
2024: €12k▲ +13.2% vs 2023
2025: €9k▼ -25.8% vs 2024lowest in 5 years
Net result€7k-€56k▲ 745%€6k▼ 88.6%€8k▲ 21.4%€3k▼ 63.9%
2021: €7k
2022: €56k▲ +745% vs 2021highest in 5 years
2023: €6k▼ -88.6% vs 2022
2024: €8k▲ +21.4% vs 2023
2025: €3k▼ -63.9% vs 2024lowest 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 falls in 2025; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196k
Fixed assets
€2k ▼ 27.2%
Current assets
€194k ▼ 3.5%
Equity and liabilities €196k
Equity
€175k ▲ 1.6%
Debt
€21k ▼ 34.2%
Debt's share of the balance-sheet total falls from 15.5% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €13k
Cash flow
€4k▼
2024 · €9k
Current ratio
9.33▲
2024 · 6.37
Debt to equity
0.12▼
2024 · 0.18
ROE
1.6%▼
2024 · 4.5%
ROA
1.4%▼
2024 · 3.8%
Interest coverage
27.77▼
2024 · 44.67
Debt ≤ 1 year
€21k▼
2024 · €32k
Income taxes
€6k▲
2024 · €4k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€204k€196k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€240€240=
Current assets29/58€201k€194k▼
Amounts receivable within one year40/41€189k€191k▲
Trade receivables40€113k€112k▼
Other amounts receivable41€77k€79k▲
Cash at bank and in hand54/58€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€204k€196k▼
Equity10/15€172k€175k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€164k€167k▲
Amounts payable17/49€32k€21k▼
Amounts payable within one year42/48€32k€21k▼
Trade debts44€27k€21k▼
Suppliers440/4€27k€21k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€3k-
Remuneration and social security454/9€2k-
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€843▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€17k€12k▼
Operating profit (loss)9901€12k€9k▼
Financial charges65/66B€296€354▲
Recurring financial charges65€296€354▲
Profit (loss) for the period before taxes9903€12k€9k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€8k€3k▼
Profit (loss) for the period to be appropriated9905€8k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€164k€167k▲
Profit (loss) brought forward from the previous period14P€157k€164k▲
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €12k | - | - | - | €4k | - |
| Remuneration, social security and pensions62 | €18k | €1k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €446 | €446 | €526 | €1k | €843 | ▼ 25.9% |
| Other operating charges640/8 | €6k | €2k | €3k | €3k | €2k | ▼ 25.3% |
| Gross operating margin9900 | €39k | €82k | €14k | €17k | €12k | ▼ 25.7% |
| Operating profit (loss)9901 | €15k | €77k | €11k | €12k | €9k | ▼ 25.8% |
| Financial charges65/66B | €213 | €285 | €266 | €296 | €354 | ▲ 19.4% |
| Recurring financial charges65 | €213 | €285 | €266 | €296 | €354 | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €14k | €77k | €10k | €12k | €9k | ▼ 26.9% |
| Income taxes67/77 | €8k | €21k | €4k | €4k | €6k | ▲ 45.3% |
| Profit (loss) for the period9904 | €7k | €56k | €6k | €8k | €3k | ▼ 63.9% |
| Profit (loss) for the period to be appropriated9905 | €7k | €56k | €6k | €8k | €3k | ▼ 63.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €306k | €215k | €205k | €204k | €196k | ▼ 3.9% |
| Fixed assets21/28 | €1k | €686 | €3k | €3k | €2k | ▼ 27.2% |
| Tangible fixed assets22/27 | €892 | €446 | €3k | €3k | €2k | ▼ 29.5% |
| Furniture and vehicles24 | €892 | €446 | €3k | €3k | €2k | ▼ 29.5% |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | €240 | = |
| Current assets29/58 | €305k | €214k | €202k | €201k | €194k | ▼ 3.5% |
| Amounts receivable within one year40/41 | €229k | €182k | €187k | €189k | €191k | ▲ 1.0% |
| Trade receivables40 | €179k | €129k | €117k | €113k | €112k | ▼ 0.6% |
| Other amounts receivable41 | €51k | €53k | €70k | €77k | €79k | ▲ 3.4% |
| Cash at bank and in hand54/58 | €75k | €32k | €15k | €12k | €3k | ▼ 76.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €306k | €215k | €205k | €204k | €196k | ▼ 3.9% |
| Equity10/15 | €102k | €158k | €165k | €172k | €175k | ▲ 1.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | €6k | €6k | €6k | €6k | = |
| Other1109/19 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €94k | €150k | €157k | €164k | €167k | ▲ 1.7% |
| Amounts payable17/49 | €204k | €56k | €40k | €32k | €21k | ▼ 34.2% |
| Amounts payable within one year42/48 | €204k | €56k | €40k | €32k | €21k | ▼ 34.2% |
| Trade debts44 | €156k | €43k | €27k | €27k | €21k | ▼ 24.1% |
| Suppliers440/4 | €156k | €43k | €27k | €27k | €21k | ▼ 24.1% |
| Taxes, remuneration and social security45 | €5k | €13k | €13k | €4k | - | - |
| Taxes450/3 | €4k | €13k | €13k | €3k | - | - |
| Remuneration and social security454/9 | €1k | - | - | €2k | - | - |
| Other amounts payable47/48 | €43k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €56k | €6k | €8k | €3k | ▼ 63.9% |
| + Depreciation and write-downs630 | €446 | €446 | €526 | €1k | €843 | ▼ 25.9% |
| Operating cash flow (approximation) | €7k | €57k | €7k | €9k | €4k | ▼ 59.1% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €-43k | €-17k | €-3k | €-9k | ▼ 203% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼63.9%
Net result drops to €3k, the lowest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Highest result since 2018net €56k ▲745%
Operating result €77k, net result €56k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.79
Current ratio from 1.49 to 3.79; short-term debt falls from €204k to €56k.
31-12
Financial
Equity above €150kEq €158k ▲55.4%
5 profitable years in a row build equity to €158k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Equity above €100kEq €111k ▲15.5%
2 profitable years in a row build equity to €111k.
Show earlier events
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Agatha-Berchem · 1 establishment unit since 2014
Ground area
704 m²
Building footprint
242 m²
Volume, LiDAR
877 m³
Parcel 21003A0097/00V002, Brussels · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
NETOBEL
since 20142.235.756.859
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0097/00V002 | Brussels | 704 m² | 1 · 242 m² | 8.4 m · 1 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.
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Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 1,891 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
Founded13-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.