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NetservePlus

Active
Private limited companyfounded 2005active for 21 yearsWolstraat 21, 8800 Roeselare, BelgiumKBO/BCE: BE 0876.635.124
Summary

NetservePlus has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,612 and a net result of -€7,130. Equity is shrinking by about 17% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 88% of 3,371 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00421921.

Turnover
€38,612▲ 10.1%
2024 · €35,079
EBIT margin
-18.7%▲ 24.8pp
2024 · -43.5%
Net result
-€7,130▲ 52.6%
2024 · -€15,045
Working capital
€17,612▼ 28.8%
2024 · €24,743
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €7,201 in 2025 against €15,258 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€38,612 2025 Operating result-€7,201 2025 Net result-€7,130 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€35,079€38,612▲ 10.1%
Operating result€9,490--€15,208-€13,681▲ 10.0%€15,207€6,972▼ 54.2%-€16,641-€15,258▲ 8.3%-€7,201▲ 52.8%
Net result€6,928--€15,741-€14,220below the sector's middle half▲ 9.7%€14,754within the sector's middle half€6,489within the sector's middle half▼ 56.0%-€26,054below the sector's middle half-€15,045below the sector's middle half▲ 42.3%-€7,130below the sector's middle half▲ 52.6%
EBIT margin-43.5%-18.7%▲ 24.8pp
Equity€95,989-€80,248▼ 16.4%€66,028within the sector's middle half▼ 17.7%€80,783within the sector's middle half▲ 22.3%€65,842within the sector's middle half▼ 18.5%€39,788below the sector's middle half▼ 39.6%€24,743below the sector's middle half▼ 37.8%€17,612below the sector's middle half▼ 28.8%
Total assets€96,371-€80,559▼ 16.4%€68,165below the sector's middle half▼ 15.4%€83,582below the sector's middle half▲ 22.6%€74,724below the sector's middle half▼ 10.6%€42,420below the sector's middle half▼ 43.2%€27,236below the sector's middle half▼ 35.8%€20,023below the sector's middle half▼ 26.5%
Debt€381-€311▼ 18.4%€2,136▲ 586%€2,800▲ 31.0%€8,882▲ 217%€2,632▼ 70.4%€2,494▼ 5.3%€2,410▼ 3.3%
Working capital€95,989-€79,715▼ 17.0%€65,762within the sector's middle half▼ 17.5%€80,783within the sector's middle half▲ 22.8%€65,842within the sector's middle half▼ 18.5%€39,788within the sector's middle half▼ 39.6%€24,743within the sector's middle half▼ 37.8%€17,612within the sector's middle half▼ 28.8%
Solvency99.6%-99.6%=96.9%above the sector's middle half▼ 2.7pp96.7%above the sector's middle half▼ 0.2pp88.1%above the sector's middle half▼ 8.5pp93.8%above the sector's middle half▲ 5.7pp90.8%above the sector's middle half▼ 3.0pp88.0%above the sector's middle half▼ 2.9pp
Current ratio31.78above the sector's middle half29.85above the sector's middle half▼ 1.938.41above the sector's middle half▼ 21.4416.12above the sector's middle half▲ 7.7010.92above the sector's middle half▼ 5.208.31above the sector's middle half▼ 2.62
Return on assets (ROA)7.2%--19.5%▼ 26.7pp-20.9%below the sector's middle half▼ 1.3pp17.7%above the sector's middle half▲ 38.5pp8.7%within the sector's middle half▼ 9.0pp-61.4%below the sector's middle half▼ 70.1pp-55.2%below the sector's middle half▲ 6.2pp-35.6%below the sector's middle half▲ 19.6pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €20,023
Equity €17,612 ▼ 28.8%
Debt €2,410 ▼ 3.3%
Debt's share of the balance-sheet total rises from 9.2% to 12.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.14▲
2024 · 0.10
ROE
-40.5%▲
2024 · -60.8%
Debt ≤ 1 year
€2,410▼
2024 · €2,494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.5% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,835 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,236€20,023▼
Current assets29/58€27,236€20,023▼
Amounts receivable within one year40/41€2,295€838▼
Other amounts receivable41€2,295€838▼
Current investments50/53€24,941-
Cash at bank and in hand54/58-€19,185
Equity and liabilities
Total equity and liabilities10/49€27,236€20,023▼
Equity10/15€24,743€17,612▼
Contributions10/11€20,460€20,460=
Reserves13€4,283-
Distributable reserves133€4,283-
Profit (loss) carried forward14--€2,848
Amounts payable17/49€2,494€2,410▼
Amounts payable within one year42/48€2,494€2,410▼
Trade debts44€523€356▼
Suppliers440/4€523€356▼
Other amounts payable47/48€1,970€2,054▲
Income statement Code20242025
Turnover70€35,079€38,612▲
Goods, raw materials, services and sundry goods60/61€50,210€45,685▼
Other operating charges640/8€126€128▲
Gross operating margin9900-€15,132-€7,073▲
Operating profit (loss)9901-€15,258-€7,201▲
Financial income75/76B€372€213▼
Recurring financial income75€372€213▼
Financial charges65/66B€159€142▼
Recurring financial charges65€159€142▼
Profit (loss) for the period before taxes9903-€15,045-€7,130▲
Profit (loss) for the period9904-€15,045-€7,130▲
Profit (loss) for the period to be appropriated9905-€15,045-€7,130▲
Appropriation of the result
Profit (loss) to be appropriated9906-€15,045-€7,130▲
Transfer from equity791/2€15,045€4,283▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70------€35,079€38,612▲ 10.1%
Goods, raw materials, services and sundry goods60/61------€50,210€45,685▼ 9.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€266€266€266-----
Other operating charges640/8---€1,290€817€1,058€126€128▲ 1.6%
Gross operating margin9900€10,880-€13,658-€12,852€16,764€7,789-€15,583-€15,132-€7,073▲ 53.3%
Operating profit (loss)9901€9,490-€15,208-€13,681€15,207€6,972-€16,641-€15,258-€7,201▲ 52.8%
Financial income75/76B---€49-€3,532€372€213▼ 42.7%
Recurring financial income75€184€144€44€49-€226€372€213▼ 42.7%
Non-recurring financial income76B-----€3,306---
Financial charges65/66B---€105€175€12,640€159€142▼ 11.0%
Recurring financial charges65€520€290€237€105€175€137€159€142▼ 11.0%
Non-recurring financial charges66B-----€12,503---
Profit (loss) for the period before taxes9903€9,153-€15,353-€13,874€15,152€6,797-€25,749-€15,045-€7,130▲ 52.6%
Income taxes67/77€2,225€388€346€398€308€305---
Profit (loss) for the period9904€6,928-€15,741-€14,220€14,754€6,489-€26,054-€15,045-€7,130▲ 52.6%
Profit (loss) for the period to be appropriated9905€6,928-€15,741-€14,220€14,754€6,489-€26,054-€15,045-€7,130▲ 52.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€96,371€80,559€68,165€83,582€74,724€42,420€27,236€20,023▼ 26.5%
Fixed assets21/28-€533€266------
Tangible fixed assets22/27-€533€266------
Current assets29/58€96,371€80,027€67,899€83,582€74,724€42,420€27,236€20,023▼ 26.5%
Amounts receivable within one year40/41€8,642€13,409€1,603€10,980€8,412€1,263€2,295€838▼ 63.5%
Trade receivables40---€1,801€6----
Other amounts receivable41---€9,179€8,406€1,263€2,295€838▼ 63.5%
Current investments50/53------€24,941--
Cash at bank and in hand54/58€87,729€66,617€64,360€72,053€66,312€41,157-€19,185-
Deferred charges and accrued income490/1---€550-----
Equity and liabilities
Total equity and liabilities10/49€96,371€80,559€68,165€83,582€74,724€42,420€27,236€20,023▼ 26.5%
Equity10/15€95,989€80,248€66,028€80,783€65,842€39,788€24,743€17,612▼ 28.8%
Contributions10/11€18,600€18,600-€18,600€18,600€20,460€20,460€20,460=
Capital10---€18,600€18,600----
Issued capital100---€18,600€18,600----
Reserves13€77,389€61,648€61,648€62,183€47,242€19,328€4,283--
Non-distributable reserves130/1---€1,860€1,860----
Legal reserve130---€1,860€1,860----
Distributable reserves133---€60,323€45,382€19,328€4,283--
Profit (loss) carried forward14---€14,220-----€2,848-
Amounts payable17/49€381€311€2,136€2,800€8,882€2,632€2,494€2,410▼ 3.3%
Amounts payable within one year42/48€381€311€2,136€2,800€8,882€2,632€2,494€2,410▼ 3.3%
Trade debts44€362€311€318€982€6,811€558€523€356▼ 32.0%
Suppliers440/4---€982€6,811€558€523€356▼ 32.0%
Taxes, remuneration and social security45----€259€783---
Taxes450/3----€259€783---
Other amounts payable47/48---€1,818€1,812€1,291€1,970€2,054▲ 4.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€6,928-€15,741-€14,220€14,754€6,489-€26,054-€15,045-€7,130▲ 52.6%
+ Depreciation and write-downs630-€266€266€266-----
Operating cash flow (approximation)€6,928-€15,475-€13,953€15,021€6,489-€26,054-€15,045-€7,130▲ 52.6%
Investment in fixed assets (approximation)--€0------
Change in cash--€21,112-€2,257€7,693-€5,741-€25,155---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 25-08-2026 2026-00421921
31-12-2024 abbreviated format 31-07-2025 2025-00339212
31-12-2023 abbreviated format 26-08-2024 2024-00371927
31-12-2022 abbreviated format 28-08-2023 2023-00358377
31-12-2021 abbreviated format 11-08-2022 2022-20282718
31-12-2020 micro format 15-07-2021 2021-36600503
31-12-2019 micro format 16-07-2020 2020-31100146
31-12-2018 micro format 05-06-2019 2019-16300277
31-12-2017 micro format 04-07-2018 2018-29300571
31-12-2016 micro format 30-08-2017 2017-55200570

Show all 20 filings

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Of the 29,878 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,812. 12,853 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.