Equity
€11,982 ▲ 49.6%
NETORA has made a profit in every financial year since 2023.
NETORA
Overview
Lifetime
3 annual accounts with figures on one time axispeak €11,577 (2025)
€11,577▲ 6.3%
peak €3,975 (2025)
€3,975▲ 73.2%
peak €11,982 (2025)
€11,982▲ 49.6%
€31,168▲ 19.5%
Board1 name since 2023
1 directorDEL VENNE Philippe Michel Jean
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Result from €2,295 to €3,975Equity from €8,008 to €11,982Debts from €26,086 to €31,168
Key points
from the 2025 annual accountsTurnover
≈ €63,000 estimated
The micro format states no turnover.
Debts
€31,168 72% of the balance sheet
Suppliers 49%Taxes and wages 51%
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 56 days after the end of the period.
Starting capital
€2,500 100 shares
Position in the sector
€11,982
Less equity than 82% of companies in computer programming and consultancy. Sector median €69,058 · 21,211 companies.
Checked score
93
Excellent
Financially stronger than 43% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.37, cash €27,946
Size: total assets €43,150
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 62, micro). It does better than 27% of them on solvency, 44% on liquidity, 23% on profitability and 79% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as NETORA has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NETORA itself is lower: 0.1% within 12 months. It rests on far more data about NETORA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for NETORA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.23 in 2024), below the usual 1.5. Short-term debt is 72.2% and cash 64.8% of total assets. 72.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 days early
2024
29 days late
2023
56 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 20 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 29 August (3 of the last 3 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795944980
Incorporation
Founding capital of €2,500, 100 shares · Founder: DEL VENNE Philippe Michel Jean · Appointment: DEL VENNE Philippe Michel Jean (director) · published on 12-01-2023 · Gazette deed
First establishment
Jan Vanderstraetenstraat 229, Sint-Pieters-Leeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NETORA Sint-Pieters-Leeuw | €43,150 | €11,577 | 27.8% | - |
| THE RED FACTORY Sint-Gillis (bij-Brussel) | €42,694 | €11,201 | 71.0% | - |
| FAST WEB Waimes | €42,520 | €11,853 | 59.5% | - |
| Dimana Creations Woluwe-Saint-Lambert | €44,088 | €11,142 | 55.0% | - |
| WANALY Ciney | €38,274 | €14,783 | 77.7% | - |
| ARCHIBALD ANALYTICS Dalhem | €35,073 | €10,847 | 42.5% | - |
| Automate AI Oosterzele | €46,868 | €12,791 | 93.7% | - |
These companies have the same main activity as NETORA: computer programming (NACE 62100). They are comparable in size and age: total assets between €35,100 and €46,900, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 10-01-2023Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.340.522.8961600 Sint-Pieters-Leeuw, since 10-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Annual accounts 2025
- €11,577▲ 6.3%
- €3,975▲ 73.2%
- €11,982▲ 49.6%
- €43,150▲ 26.6%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on NETORA
NETORA files the micro format. That format states no turnover. The gross margin rose from €6,997 in 2023 to €11,577 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 06-07-2026, 25 days before the deadline€11,577
▲ 6.3%
€9,844
▲ 5.8%
€3,975
▲ 73.2%
€11,383
▲ 92.4%
27.8%
▲ 4.3 percentage points
1.37
▲ 0.14
Turnover 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 31-12-2025What the company ownsHow it is paid for
in 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.
NETORA
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
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.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-01-2023
Mandates through the years
1 name, the dashed line is todayDEL VENNE Philippe Michel Jean
Director
Director
Board
Mandates as a list
- DEL VENNE Philippe Michel Jean
- Director, appointed by deed of 12-01-2023, still in office
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €120 in 2025
- Source
- deed of 12-01-2023
Articles of association
deed of 12-01-2023 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Shareholders
At incorporation
deed of 12-01-2023 ↗
- DEL VENNE Philippe Michel Jean 100 shares (100%) · €2,500
Network & group
No group
NETORA has no parent and no holdings in its annual accounts. DEL VENNE Philippe Michel Jean is the only director. NETORA shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 25 days before the deadline
2025
Highest result from 2023 to 2025 net €3,975 ▲73.2% The operating result of €9,844 and the net result of €3,975 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795944980
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Weakest financial year net €2,295 ▼28.6% The net result drops to €2,295, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 56 days late
2023
IncorporationFounding capital of €2,500, 100 shares · Founder: DEL VENNE Philippe Michel Jean · Appointment: DEL VENNE Philippe Michel Jean (director) · published on 12-01-20235 points ▸
- Founder, DEL VENNE Philippe Michel Jean
- Founding capital, €2,500, 100 shares
- Registered office clause, Jan Vanderstraetenstraat 229, 1600 Sint-Pieters-Leeuw
- Board rule, 1
- Director appointment, DEL VENNE Philippe Michel Jean
- The deed holds 4 more points.
First establishment Jan Vanderstraetenstraat 229, Sint-Pieters-Leeuw
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
NETORA was incorporated on 10 January 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 DEL VENNE Philippe Michel Jean is director of the company, appointed by deed of 12-01-2023.2 Total assets fell from €51,383 in 2023 to €43,150 in 2025.3
Company details
Identity
- Enterprise number
- 0795.944.980
- VAT number
- BE 0795.944.980
- Peppol ID
- 0208:0795944980
- Other Peppol ID
- 9925:BE0795944980
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 10-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 12-01-2023 (in Dutch)
- Peppol
- Reachable since 20-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NETORA in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 12-01-2023 (in Dutch)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
58290
Publishing activities
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Algemene levensmiddelenhandel in de bredere zin van het woord, telefooncellen, night-shop; Aan en verkoop, invoer, uitvoer, verdeling en…”deed of 12-01-2023 (in Dutch)
19 activities
- Algemene levensmiddelenhandel in de bredere zin van het woord, telefooncellen, night-shop;
- Aan en verkoop, invoer, uitvoer, verdeling en levering van alle voertuigen, motoren en wisselstukken die nuttig zijn voor het gebruik van voertuigen, alsook alle producten van de machine-, metaal- of houtindustrie die ermee verband houden;
- Klein- of groothandel van motorvoertuigen, met inbegrip van tweedehands voertuigen, wissel- en hulpstukken van motorvoertuigen, brandstoffen en smeermiddelen, industriële oliën en vetproducten;
- Opslagplaats en herstellingswerkplaatsen voor motorvoertuigen en koetswerken; pechverhelpingsdiensten; verhuring van motorvoertuigen.
- Verlenen van advies aan de gebruikers over soorten computers en hun configuratie en de toepassing van de bijbehorende programma’s.
- Ontwerpen en programmeren van computerprogramma’s, computerconsultancy-activiteiten en aanverwante activiteiten.
- Dienstverlenende activiteiten op het gebied van informatica.
- Groot- en Detailhandel in hardware en aanverwanten.
- Optreden als commissionairs.
- Bouwmateriaal, elektrische en elektronisch materiaal, sanitaire installaties en loodgieterij, industriële machines;
- Voedingsproducten zoals fruit, groenten, ingeblikte voedingswaren, melkproducten, zeevruchten, vissen, vleesproducten, huishoudartikelen en geschenken;
- Textiel in het algemeen, diverse kledingstukken, schoenen, schoenmakerij, slotenmakerij, lederwaren in de ruimste zin van het woord;
- Artisanale producten in het algemeen, wandtapijten, antiquiteiten, brocanten, decoratievoorwerpen en alle meubels;
- Alle mogelijke artikelen van parfumerie, toilet, cosmetica, schoonheidsproducten, maquillage evenals zeep en detergenten;
- Alle tuinbouwartikelen zoals bloemen, planten, tuingerief, inrichting en onderhoud van tuinen en boomkwekerij;
- Juwelen en edelsmeedkunst;
- Alle huishoudartikelen, audio, video, elektronica, telecommunicatie, boeken en tijdschriften, kantoren computerapparatuur.
- Aankoop en verkoop van software en totaal oplossingen; levering van opleiding, studies en andere adviezen aan iedereen in het domein van informatica in de breedste zin van het woord, zoals telefonie, veiligheid, servers, et cetera;
- Rondtrekkende handel.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Jan Vanderstraetenstraat 229 registered office 1600 Sint-Pieters-Leeuw | 10-01-2023 | 2.340.522.896 |
Buildings and parcels at the address
- Ground area
- 435 m²
- Buildings
- 79 m²
- Volume, LiDAR
- 291 m³
- Tallest building
- 32.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23582E0302/00T000 | 435 m² | 1 · 79 m² | 32.1 m |