NETVITS
ActiveThe annual accounts of NETVITS for fiscal year 2025 show a net loss of 55% of total assets and of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €42k and a net result of €-237k. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 10289 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-51
Solvency35▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.82 against 1.97 in 2024; short-term debt: 34.3% and cash: 17.7% of total assets), and 90.3% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.7%
Return on assets
-55.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 10289 sector peers (2025).
NBB · sector comparisonPosition among 10289 sector peers
Solvency
better than 20%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
19 d late
2023
22 d late
2022
67 d late
2021
3 d early
2020
17 d late
2019
1 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€42k▼ 85.7%
2024 · €292k
2018: €31k
2019: €45k
2020: €100k
2021: €241k
2022: €269k
2023: €272k
2024: €292k
2018 → 2025
Total assets
€429k▼ 47.1%
2024 · €812k
2018: €838k
2019: €781k
2020: €1.07M
2021: €1.07M
2022: €1.03M
2023: €784k
2024: €812k
2018 → 2025
Net result
€-237k
2024 · €19k
2018: €-2k
2019: €13k
2020: €56k
2021: €141k
2022: €27k
2023: €4k
2024: €19k
2018 → 2025
Working capital
€-26k
2024 · €239k
2018: €-59k
2019: €-45k
2020: €123k
2021: €369k
2022: €391k
2023: €280k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€241k-€269k▲ 11.4%€272k▲ 1.4%€292k▲ 7.1%€42k▼ 85.7%
Operating result€205k-€52k▼ 74.6%€20k▼ 62.1%€38k▲ 90.4%€-228k
Net result€141k-€27k▼ 80.5%€4k▼ 86.8%€19k▲ 429%€-237k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €228k after €38k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €429k
Fixed assets
€309k▼ 6.0%
Current assets
€121k▼ 75.0%
Equity and liabilities €429k
Equity
€42k▼ 85.7%
Debt
€388k▼ 25.5%
The debt ratio rises from 64.1% to 90.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-207k▼
2024 · €58k
Cash flow
€-216k▼
2024 · €40k
Solvency
9.7%▼
2024 · 35.9%
Current ratio
0.82▼
2024 · 1.97
Quick ratio
0.82▼
2024 · 1.97
Debt / equity
9.33▲
2024 · 1.78
ROE
-569.6%▼
2024 · 6.6%
ROA
-55.1%▼
2024 · 2.4%
Interest coverage
-13.13▼
2024 · 3.46
Debt
€388k▼
2024 · €520k
Debt ≤ 1 year
€147k▼
2024 · €245k
Debt > 1 year
€228k▼
2024 · €267k
Income taxes
€156▼
2024 · €8k
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€812k€429k▼
Fixed assets21/28€328k€309k▼
Tangible fixed assets22/27€327k€308k▼
Land and buildings22€321k€303k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€750€250▼
Current assets29/58€484k€121k▼
Amounts receivable after more than one year29€82k€0▼
Trade receivables290€82k€0▼
Amounts receivable within one year40/41€331k€39k▼
Trade receivables40€33k€0▼
Other amounts receivable41€298k€39k▼
Cash at bank and in hand54/58€63k€76k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€812k€429k▼
Equity10/15€292k€42k▼
Contributions10/11€8k€8k=
Reserves13€283k€269k▼
Distributable reserves133€283k€269k▼
Profit (loss) carried forward14€885€-236k▼
Amounts payable17/49€520k€388k▼
Amounts payable after more than one year17€267k€228k▼
Financial debts170/4€267k€228k▼
Amounts payable within one year42/48€245k€147k▼
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€14k€3k▼
Suppliers440/4€14k€3k▼
Taxes, remuneration and social security45€33k€58k▲
Taxes450/3€33k€58k▲
Remuneration and social security454/9€169€0▼
Other amounts payable47/48€175k€63k▼
Accrued charges and deferred income492/3€8k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€9k€19k▲
Non-recurring operating charges66A€764€392k▲
Gross operating margin9900€68k€204k▲
Operating profit (loss)9901€38k€-228k▼
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€27k€-237k▼
Income taxes67/77€8k€156▼
Profit (loss) for the period9904€19k€-237k▼
Profit (loss) for the period to be appropriated9905€19k€-237k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-236k▼
Profit (loss) brought forward from the previous period14P€885€885=
Transfer from equity791/2-€13k
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-237k ▼1329%
Net result drops to €-237k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €141k ▲152%
Operating result €205k, net result €141k, both a record.
31-12
Financial
Equity above €200kEq €241k ▲140%
3 profitable years in a row build equity to €241k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Equity above €100kEq €100k ▲125%
2 profitable years in a row build equity to €100k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oudsbergen · 1 establishment unit since 2010
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.
Weg naar As 1823660 OudsbergenGround area
3,458 m²
Building footprint
501 m²
Volume, LiDAR
1,536 m³
Parcel 71562B0897/00T027, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Netvits
since 20102.188.366.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0897/00T027 | Flanders | 3,458 m² | 1 · 501 m² | 5.5 m · 1 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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Of 12,968 companies in sector 47120 we hold annual accounts for 2,186. 1,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2010
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.