Nettion
ActiveNettion has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €368k. Equity is shrinking by ~33.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 15% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency25=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
0.3%
Return on assets
112.4%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2692 sector peers (2025).
NBB · sector comparisonPosition among 2692 sector peers
Solvency
better than 15%
← weakest
strongest →
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
43 d early
2023
64 d early
2022
40 d early
2021
11 d late
2020
31 d late
2019
25 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1k▲ 1.8%
2024 · €1k
2018: €116k
2019: €137k
2020: €31k
2021: €80k
2022: €129k
2023: €26k
2024: €1k
2018 → 2025
Total assets
€327k▲ 52.0%
2024 · €215k
2018: €134k
2019: €155k
2020: €131k
2021: €131k
2022: €207k
2023: €245k
2024: €215k
2018 → 2025
Net result
€368k▲ 158%
2024 · €143k
2018: €11k
2019: €32k
2020: €39k
2021: €49k
2022: €49k
2023: €142k
2024: €143k
2018 → 2025
Working capital
€-48k▲ 24.7%
2024 · €-64k
2018: €88k
2019: €113k
2020: €-13k
2021: €40k
2022: €56k
2023: €-32k
2024: €-64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€129k▲ 60.6%€26k▼ 79.9%€1k▼ 96.1%€1k▲ 1.8%
Operating result€69k-€68k▼ 1.2%€187k▲ 176%€191k▲ 1.7%€493k▲ 159%
Net result€49k-€49k▼ 0.3%€142k▲ 191%€143k▲ 0.8%€368k▲ 158%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 159% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€49k▼ 24.3%
Current assets
€278k▲ 85.2%
Equity and liabilities €327k
Equity
€1k▲ 1.8%
Debt
€326k▲ 52.2%
The debt ratio rises from 99.5% to 99.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€516k▲
2024 · €214k
Cash flow
€391k▲
2024 · €166k
Solvency
0.3%▼
2024 · 0.5%
Current ratio
0.85▲
2024 · 0.70
Quick ratio
0.85▲
2024 · 0.70
ROA
112.4%▲
2024 · 66.3%
Interest coverage
1042.28▲
2024 · 223.63
Debt
€326k▲
2024 · €214k
Debt ≤ 1 year
€326k▲
2024 · €214k
Income taxes
€125k▲
2024 · €47k
A ratio outside any meaningful range has been withheld (balance sheet total €327k, equity €1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€215k€327k▲
Fixed assets21/28€65k€49k▼
Tangible fixed assets22/27€65k€49k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€43k€25k▼
Other tangible fixed assets26€19k€21k▲
Current assets29/58€150k€278k▲
Amounts receivable within one year40/41€32k€32k▲
Trade receivables40€30k€32k▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€116k€244k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€215k€327k▲
Equity10/15€1k€1k▲
Contributions10/11€1€1=
Reserves13€1k€1k▲
Distributable reserves133€1k€1k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€214k€326k▲
Amounts payable within one year42/48€214k€326k▲
Current portion of amounts payable after more than one year42€9k€0▼
Trade debts44-€637
Suppliers440/4-€637
Taxes, remuneration and social security45€62k€77k▲
Taxes450/3€62k€77k▲
Other amounts payable47/48€143k€249k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€93k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€1k€829▼
Gross operating margin9900€216k€517k▲
Operating profit (loss)9901€191k€493k▲
Financial income75/76B€119€0▼
Recurring financial income75€119€0▼
Financial charges65/66B€958€495▼
Recurring financial charges65€958€495▼
Profit (loss) for the period before taxes9903€190k€493k▲
Income taxes67/77€47k€125k▲
Profit (loss) for the period9904€143k€368k▲
Profit (loss) for the period to be appropriated9905€143k€368k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€368k▲
Transfer from equity791/2€25k€0▼
Transfer to equity691/2-€18
To other reserves6921-€18
Profit to be distributed694/7€168k€368k▲
Return on contributions (dividend)694€168k€368k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €368k ▲158%
Operating result €493k, net result €368k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €129k ▲60.6%
5 profitable years in a row build equity to €129k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.88
Current ratio from 0.85 to 1.88; short-term debt falls from €86k to €45k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Zwevegem · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Textielstraat(M) 28552 ZwevegemGround area
798 m²
Building footprint
184 m²
Volume, LiDAR
1,061 m³
Parcel 34028B0376/00R002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nettion
since 20142.230.271.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34028B0376/00R002 | Flanders | 797 m² | 1 · 184 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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ICDATA
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 1,875 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.