NETWORK
ActiveNETWORK has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €7k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-16
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 13.62 against 18.74 in 2024; short-term debt: 7.3% and cash: 77% of total assets), and 7.3% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
92.7%
Return on assets
10.7%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €59k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
6 d late
2023
7 d late
2022
3 d early
2021
4 d early
2020
4 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 13.1%
2024 · €52k
2018: €65k
2019: €63k
2020: €60k
2021: €60k
2022: €53k
2023: €46k
2024: €52k
2018 → 2025
Total assets
€64k▲ 15.6%
2024 · €55k
2018: €69k
2019: €80k
2020: €62k
2021: €68k
2022: €54k
2023: €47k
2024: €55k
2018 → 2025
Net result
€7k▲ 16.5%
2024 · €6k
2018: €7k
2019: €1k
2020: €-3k
2021: €178
2022: €-7k
2023: €-7k
2024: €6k
2018 → 2025
Working capital
€59k▲ 13.1%
2024 · €52k
2018: €32k
2019: €-6k
2020: €7k
2021: €-6k
2022: €2k
2023: €9k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€53k▼ 11.1%€46k▼ 13.0%€52k▲ 12.7%€59k▲ 13.1%
Operating result€5k-€-6k€-6k▲ 0.9%€7k€7k▲ 0.4%
Net result€178-€-7k€-7k▼ 3.6%€6k€7k▲ 16.5%
Turnover and EBIT margin not published: the 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 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €64k
Equity
€59k▲ 13.1%
Debt
€5k▲ 59.0%
The debt ratio rises from 5.3% to 7.3%. Equity and debt are higher.
Key figures and ratios
Solvency
92.7%▼
2024 · 94.7%
Current ratio
13.62▼
2024 · 18.74
Quick ratio
10.48▼
2024 · 13.22
Debt / equity
0.08▲
2024 · 0.06
ROE
11.6%▲
2024 · 11.3%
ROA
10.7%▲
2024 · 10.7%
Debt
€5k▲
2024 · €3k
Debt ≤ 1 year
€5k▲
2024 · €3k
Income taxes
€78
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€55k€64k▲
Current assets29/58€55k€64k▲
Stocks and contracts in progress3€16k€15k▼
Stocks30/36€16k€15k▼
Amounts receivable within one year40/41€2k-
Trade receivables40€140-
Other amounts receivable41€2k-
Cash at bank and in hand54/58€37k€49k▲
Equity and liabilities
Total equity and liabilities10/49€55k€64k▲
Equity10/15€52k€59k▲
Contributions10/11€15k€15k=
Reserves13€37k€44k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€35k€44k▲
Amounts payable17/49€3k€5k▲
Amounts payable within one year42/48€3k€5k▲
Trade debts44€488€310▼
Suppliers440/4€488€310▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€708€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€199-
Other operating charges640/8€1k€520▼
Gross operating margin9900€9k€8k▼
Operating profit (loss)9901€7k€7k▲
Financial income75/76B€25-
Recurring financial income75€25-
Financial charges65/66B€1k€229▼
Recurring financial charges65€1k€229▼
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77-€78
Profit (loss) for the period9904€6k€7k▲
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€7k▲
Transfer to equity691/2€6k€7k▲
To other reserves6921€6k€7k▲
The notes to these accounts (1 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €7k ▲16.5%
Net result €7k, the highest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 32current ratio 7.80
Current ratio from 0.24 to 7.80; short-term debt falls from €8k to €265.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €178
Net result €178 after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial
Liquidity times 6current ratio 3.52
Current ratio from 0.62 to 3.52; short-term debt falls from €17k to €3k.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
24-07
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, Kalmthout · 1 establishment unit since 1993
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.
Kalmthoutsesteenweg (Ab) 3902920 KalmthoutGround area
186 m²
Building footprint
90 m²
Volume, LiDAR
485 m³
Parcel 11662A0008/02H004, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NETWORK
since 19932.061.254.453
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662A0008/02H004 | Flanders | 186 m² | 1 · 90 m² | 9.1 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.
Similar companies · same sector, comparable size
AGENOR WHOLESALE SERVICES
BE 0895.395.221
Zwevegem · Eq €59k
LUCKY STORE.AL
BE 0870.793.051
Zutendaal · Eq €59k
TRAIN DE VIE
BE 0461.450.576
Boechout · Eq €59k
PERTINAX
BE 0539.996.228
Houthulst · Eq €59k
JX KIDS
BE 0867.663.317
Hemiksem · Eq €59k
Of 1,311 companies in sector 46423 we hold annual accounts for 812. 535 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-1993
Fiscal year end31-12
Activities, NACEBEL
46423Wholesale of clothing, excluding workwear and underwear
51421
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:beerens@network-bv.be