Skip to content

NETWALK

Active
Private limited companyfounded 201214 yrs activeEenhoornstraat 2, 2160 Wommelgem, BelgiumKBO/BCE: BE 0847.857.796

NETWALK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €13k. Equity is shrinking by ~34.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 1402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+71
Solvency31▲+5
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.87 in 2024; short-term debt: 93.8% and cash: 59.1% of total assets), and 93.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
6.2%
Return on assets
5.1%
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 23% of 1402 sector peers (2025).
NBB · sector comparison
Position among 1402 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €16k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
8 d early
2023
56 d early
2022
5 d early
2021
6 d early
2020
on the day
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 months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€109k▲ 12.9%
2024 · €97k
2018: €31k 2019: €35k 2020: €43k 2021: €54k 2022: €69k 2023: €99k 2024: €97k
2018 → 2025
EBIT margin
11.5%▲ 21.8pp
2024 · -10.3%
2018: 5.2% 2019: -3.3% 2020: -21.9% 2021: -37.7% 2022: -10.0% 2023: 14.3% 2024: -10.3%
2018 → 2025
Net result
€13k
2024 · €-10k
2018: €2k 2019: €-652 2020: €-9k 2021: €-20k 2022: €-7k 2023: €14k 2024: €-10k
2018 → 2025
Working capital
€-23k▲ 23.1%
2024 · €-30k
2018: €36k 2019: €35k 2020: €26k 2021: €6k 2022: €-20k 2023: €-10k 2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€54k-€69k▲ 28.1%€99k▲ 43.8%€97k▼ 2.5%€109k▲ 12.9%
Equity€6k-€-1k€13k€3k▼ 79.1%€16k▲ 496%
Operating result€-20k-€-7k▲ 66.2%€14k€-10k€13k
Net result€-20k-€-7k▲ 65.3%€14k€-10k€13k
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2021: €-20k€-20kNet result 2021: €-20k€-20kOperating result 2022: €-7k€-7kNet result 2022: €-7k€-7kOperating result 2023: €14k€14kNet result 2023: €14k€14kOperating result 2024: €-10k€-10kNet result 2024: €-10k€-10kOperating result 2025: €13k€13kNet result 2025: €13k€13k20212022202320242025
The operating result returns to profit in 2025: €13k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets €39k▲ 19.1%
Current assets €216k▲ 4.3%
Equity and liabilities €254k
Equity €16k▲ 496%
Debt €239k▲ 0.8%
The debt ratio falls from 98.9% to 93.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23k
2024 · €-3k
Cash flow
€23k
2024 · €-3k
Solvency
6.2%
2024 · 1.1%
Current ratio
0.90
2024 · 0.87
Quick ratio
0.90
2024 · 0.87
Debt / equity
15.16
2024 · 89.67
ROE
83.2%
2024 · -379.2%
ROA
5.1%
2024 · -4.2%
Interest coverage
346.41
2024 · -41.63
Debt
€239k
2024 · €237k
Debt ≤ 1 year
€239k
2024 · €237k
Staff costs
€400
2024 · €387
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€239k€254k
Fixed assets21/28€32k€39k
Tangible fixed assets22/27€32k€38k
Plant, machinery and equipment23€29k€20k
Furniture and vehicles24€3k€3k
Other tangible fixed assets26-€15k
Financial fixed assets28€400€400=
Current assets29/58€207k€216k
Amounts receivable within one year40/41€92k€65k
Trade receivables40€16k€7k
Other amounts receivable41€76k€59k
Cash at bank and in hand54/58€115k€150k
Equity and liabilities
Total equity and liabilities10/49€239k€254k
Equity10/15€3k€16k
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-18k€-5k
Amounts payable17/49€237k€239k
Amounts payable within one year42/48€237k€239k
Trade debts44€64k€1k
Suppliers440/4€64k€1k
Taxes, remuneration and social security45€8k-
Taxes450/3€8k-
Other amounts payable47/48€164k€238k
Income statement Code20242025
Turnover70€97k€109k
Goods, raw materials, services and sundry goods60/61€92k€83k
Remuneration, social security and pensions62€387€400
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k-
Other operating charges640/8€3k€2k
Gross operating margin9900€4k€26k
Operating profit (loss)9901€-10k€13k
Financial income75/76B-€613
Recurring financial income75-€613
Financial charges65/66B€67€66
Recurring financial charges65€67€66
Profit (loss) for the period before taxes9903€-10k€13k
Profit (loss) for the period9904€-10k€13k
Profit (loss) for the period to be appropriated9905€-10k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-5k
Profit (loss) brought forward from the previous period14P€-8k€-18k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €13k
Net result €13k after one loss-making year.
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €14k
Net result €14k after 4 loss-making years.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-07
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
2 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, Wommelgem · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Eenhoornstraat 22160 Wommelgem
Ground area
1,744 m²
Building footprint
186 m²
Volume, LiDAR
1,039 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Netwalk
Oelegemsteenweg 70, 2160 WommelgemComputer programming, consultancy and related activities
since 20122.212.986.209
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052B0330/00L003 Flanders 964 m² 1 · 16 m² 2.9 m · 1 fl.
11052B0330/00P003 Flanders 780 m² 1 · 170 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,878 companies in sector 62100 we hold annual accounts for 8,776. 5,350 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-07-2012
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.