NETORA
Annual accounts 2025
micro format, filed on 06-07-2026, 25 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €63,000. Estimated: probably between €33,000 and €120,000.
Balance sheet
balance sheet total €43,150 on 31-12-2025in euro
in euro
Position in the sector
27.8%
Higher than 26% of 21,205 companies in 2025.
1.37
Higher than 30% of 20,568 companies in 2025.
9.2%
Higher than 33% of 20,743 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
43,150 | 34,094 | 51,383 | |
21/28 |
600 | 2,092 | 2,441 | |
22/27 |
600 | 2,092 | 2,441 | |
24 |
600 | 2,092 | 2,441 | |
29/58 |
42,551 | 32,001 | 48,943 | |
40/41 |
14,605 | - | 6 | |
40 |
13,200 | - | - | |
41 |
1,405 | - | 6 | |
54/58 |
27,946 | 32,001 | 48,937 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
43,150 | 34,094 | 51,383 | |
10/15 |
11,982 | 8,008 | 5,713 | |
10/11 |
2,500 | 2,500 | 2,500 | |
10 |
- | - | 2,500 | |
100 |
- | - | 2,500 | |
11 |
- | 2,500 | - | |
1109/19 |
- | 2,500 | - | |
13 |
7,000 | 4,500 | 2,500 | |
133 |
7,000 | 4,500 | 2,500 | |
14 |
2,482 | 1,008 | 713 | |
17/49 |
31,168 | 26,086 | 45,671 | |
42/48 |
31,168 | 26,086 | 45,671 | |
44 |
15,234 | 19,425 | 34,319 | |
440/4 |
15,234 | 19,425 | 34,319 | |
45 |
15,934 | 6,661 | 11,352 | |
450/3 |
15,934 | 6,661 | 11,352 | |
| Income statement | ||||
9900 |
11,577 | 10,893 | 6,997 | |
630 |
1,493 | 1,422 | 965 | |
640/8 |
240 | 165 | - | |
9901 |
9,844 | 9,305 | 6,032 | |
65/66B |
3,450 | 4,525 | 854 | |
65 |
3,450 | 4,525 | 854 | |
9903 |
6,395 | 4,781 | 5,178 | |
67/77 |
2,420 | 2,486 | 1,965 | |
9904 |
3,975 | 2,295 | 3,213 | |
9905 |
3,975 | 2,295 | 3,213 | |
| Appropriation of the result | ||||
9906 |
4,982 | 3,008 | 3,213 | |
14P |
1,008 | 713 | - | |
691/2 |
2,500 | 2,000 | 2,500 | |
6921 |
2,500 | 2,000 | 2,500 | |
| Document | ||||
The notes to these accounts have 4 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 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 11,337 | 10,727 | 6,997 | ||
| 5,467 | 3,717 | 4,177 | ||
| 0 | 1,074 | 3,405 | ||
| -4,055 | -16,936 | - | ||
| 11,383 | 5,915 | 3,272 | ||
| 27.8% | 23.5% | 11.1% | ||
| 1.37 | 1.23 | 1.07 | ||
| 2.60 | 3.26 | 7.99 | ||
| 33.2% | 28.7% | 56.2% | ||
| 9.2% | 6.7% | 6.3% | ||
| 3.29 | 2.37 | 8.19 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €1,074 | €3,405 |
| €1,493 | €1,422 | €965 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on NETORA
The operating result for 2025 is 6% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 76.5% to 72.2%. Equity and debt are higher.