NETWORK
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €75,000. Estimated: probably between €39,000 and €310,000.
Balance sheet
balance sheet total €63,673 on 31-12-2025in euro
in euro
Position in the sector
92.7%
Higher than 93% of 13,785 companies in 2025.
13.62
Higher than 93% of 13,165 companies in 2025.
10.7%
Higher than 70% of 13,344 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
63,673 | 55,102 | 47,013 | 53,818 | 68,214 | 62,438 | 79,991 | 68,540 | 61,585 | 58,123 | 60,128 | 59,551 | 41,080 | 54,183 | 33,433 | 48,818 | 58,868 | 13,535 | 75,053 | 75,053 | |
21/28 |
- | - | 36,883 | 51,750 | 66,181 | 52,806 | 69,629 | 32,629 | 43,450 | 45,754 | 22,152 | 28,124 | 27,673 | 36,957 | 23,692 | 34,388 | 39,451 | - | 155 | 155 | |
22/27 |
- | - | 36,883 | 51,750 | 66,181 | 52,806 | 69,629 | 32,629 | 43,450 | 45,754 | 22,152 | 28,124 | 27,673 | 36,957 | 23,692 | 34,388 | 39,451 | - | - | - | |
23 |
- | - | 199 | 607 | 579 | 1,228 | 859 | 1,569 | 2,037 | 1,248 | 1,663 | 347 | 1,893 | 2,583 | 3,966 | 4,800 | - | - | - | - | |
24 |
- | - | 36,683 | 51,143 | 65,602 | 51,578 | 68,770 | 31,060 | 41,413 | 44,506 | 20,489 | 27,777 | 25,780 | 34,374 | 19,726 | 29,588 | 39,451 | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 155 | 155 | |
29/58 |
63,673 | 55,102 | 10,130 | 2,068 | 2,033 | 9,632 | 10,362 | 35,911 | 18,135 | 12,369 | 37,976 | 31,427 | 13,407 | 17,226 | 9,741 | 14,430 | 19,417 | 13,535 | 74,898 | 74,898 | |
3 |
14,652 | 16,224 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,472 | 21,472 | |
30/36 |
14,652 | 16,224 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,472 | 21,472 | |
40/41 |
- | 2,239 | 826 | 151 | 1,211 | 259 | 203 | 2,027 | 2,557 | 2,785 | 387 | - | 1,449 | 6,899 | 7,000 | 8,200 | 17,543 | 13,126 | 39,664 | 39,664 | |
40 |
- | 140 | - | - | - | - | - | 1,000 | - | - | - | - | 1,449 | 6,899 | 7,000 | 7,892 | 14,213 | 13,126 | 39,152 | 39,152 | |
41 |
- | 2,099 | 826 | 151 | 1,211 | 259 | 203 | 1,027 | 2,557 | 2,785 | 387 | - | - | - | - | 308 | 3,330 | - | 512 | 512 | |
54/58 |
49,020 | 36,639 | 9,305 | 1,917 | 822 | 9,373 | 10,159 | 33,884 | 15,578 | 9,584 | 37,589 | 31,427 | 11,958 | 10,327 | 2,741 | 5,965 | 1,874 | 409 | 13,762 | 13,762 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 265 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
63,673 | 55,102 | 47,013 | 53,818 | 68,214 | 62,438 | 79,991 | 68,540 | 61,585 | 58,123 | 60,128 | 59,551 | 41,080 | 54,183 | 33,433 | 48,818 | 58,868 | 13,535 | 75,053 | 75,053 | |
10/15 |
58,996 | 52,161 | 46,293 | 53,205 | 59,880 | 59,702 | 63,183 | 64,858 | 58,101 | 57,938 | 49,248 | 48,431 | 39,484 | 38,805 | 22,514 | 14,134 | 10,797 | 449 | -12,216 | -12,216 | |
10/11 |
14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | 3,718 | - | - | |
13 |
44,123 | 37,288 | 31,419 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | 38,962 | |
130/1 |
- | 1,859 | 1,859 | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
44,123 | 35,428 | 29,560 | 38,962 | 38,962 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | 37,103 | |
14 |
- | - | - | -631 | 6,044 | 5,866 | 9,347 | 11,022 | 4,265 | 4,102 | -4,588 | -5,405 | -14,352 | -15,031 | -31,322 | -39,702 | -43,039 | -53,387 | -69,770 | -69,770 | |
17/49 |
4,676 | 2,941 | 720 | 613 | 8,334 | 2,736 | 16,808 | 3,682 | 3,484 | 185 | 10,880 | 11,120 | 1,596 | 15,378 | 10,919 | 34,684 | 48,071 | 13,086 | 87,269 | 87,269 | |
42/48 |
4,676 | 2,941 | 720 | 265 | 8,334 | 2,736 | 16,808 | 3,682 | 1,164 | 185 | 10,880 | 11,120 | 1,596 | 15,378 | 10,919 | 34,684 | 48,071 | 13,086 | 87,269 | 87,269 | |
42 |
- | - | - | - | - | - | - | - | - | - | 82 | - | - | - | - | - | - | - | - | - | |
44 |
310 | 488 | 446 | 249 | - | 9 | 251 | - | - | 185 | - | - | 10 | - | 254 | 45 | 126 | 3,827 | 21,714 | 21,714 | |
440/4 |
310 | 488 | 446 | 249 | - | 9 | 251 | - | - | 185 | - | - | 10 | - | 254 | 45 | 126 | 3,827 | 21,714 | 21,714 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | 140 | - | - | - | - | - | - | - | - | |
45 |
2,459 | 1,745 | 275 | - | - | 830 | 4,512 | 3,682 | - | - | 4,195 | 3,962 | 992 | 1,569 | 516 | - | - | 547 | - | - | |
450/3 |
2,459 | 1,745 | 275 | - | - | 830 | 4,512 | 3,682 | - | - | 4,195 | 3,962 | 992 | 1,569 | 516 | - | - | 547 | - | - | |
47/48 |
1,908 | 708 | - | 16 | 8,334 | 1,897 | 12,045 | - | 1,164 | - | 6,603 | 7,018 | 594 | 13,809 | 10,149 | 34,639 | 47,945 | 8,712 | 65,555 | 65,555 | |
492/3 |
- | - | - | 348 | - | - | - | - | 2,320 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | 11,078 | - | - | 2,200 | - | 3,667 | - | 13,332 | - | - | - | - | - | - | |
9900 |
7,662 | 8,767 | 9,121 | 9,357 | 12,752 | 15,741 | 25,213 | 25,378 | 17,813 | 20,377 | 11,611 | 19,191 | 15,140 | 14,508 | 20,918 | 18,150 | 20,862 | 17,787 | - | - | |
630 |
- | 199 | 14,868 | 14,991 | 7,344 | 17,895 | 18,778 | 11,647 | 11,372 | 12,231 | 8,051 | 8,835 | 10,323 | 9,977 | 11,246 | 11,063 | 9,863 | - | - | 942 | |
640/8 |
520 | 1,457 | 425 | 592 | 762 | 461 | 2,291 | 579 | 569 | 602 | 661 | 728 | 1,212 | 1,569 | 1,259 | 3,666 | 454 | 711 | - | - | |
66A |
- | - | - | - | - | - | 1,458 | - | 126 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
7,142 | 7,111 | -6,172 | -6,226 | 4,646 | -2,615 | 2,686 | 13,152 | 5,872 | 7,544 | 2,899 | 9,628 | 3,605 | 2,962 | 8,413 | 3,421 | 10,545 | 17,076 | - | -942 | |
75/76B |
- | 25 | 37 | - | - | - | - | - | - | 2,200 | - | - | 41 | 77 | 38 | - | 30 | - | - | - | |
75 |
- | 25 | 37 | - | - | - | - | - | - | - | - | - | 41 | 77 | 38 | - | 30 | - | - | - | |
76B |
- | - | - | - | - | - | - | - | - | 2,200 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
229 | 1,267 | 394 | 332 | 4,421 | 322 | 531 | 704 | 457 | 694 | 304 | 448 | 66 | 80 | 71 | 84 | 227 | 693 | - | - | |
65 |
229 | 1,267 | 394 | 332 | 273 | 322 | 531 | 704 | 331 | 694 | 304 | 448 | 66 | 80 | 71 | 84 | 227 | 693 | - | - | |
66B |
- | - | - | - | 4,148 | - | - | - | 126 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
6,912 | 5,869 | -6,530 | -6,558 | 225 | -2,937 | 2,155 | 12,448 | 5,415 | 9,050 | 2,595 | 12,847 | 3,580 | 16,291 | 8,380 | 3,337 | 10,348 | 16,383 | - | -942 | |
67/77 |
78 | - | 382 | 117 | 47 | 544 | 830 | 5,691 | 3,752 | 360 | 1,778 | 3,900 | 2,901 | - | - | - | - | - | - | - | |
9904 |
6,835 | 5,869 | -6,912 | -6,675 | 178 | -3,481 | 1,325 | 6,757 | 1,663 | 8,690 | 817 | 8,947 | 679 | 16,291 | 8,380 | 3,337 | 10,348 | 16,383 | - | -942 | |
9905 |
6,835 | 5,869 | -6,912 | -6,675 | 178 | -3,481 | 1,325 | 6,757 | 1,663 | 8,690 | 817 | 8,947 | 679 | 16,291 | 8,380 | 3,337 | 10,348 | 16,383 | - | -942 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
6,835 | 5,869 | -7,542 | -631 | 6,044 | 5,866 | 12,347 | 11,022 | 5,765 | 4,102 | -4,588 | -5,405 | -14,352 | -15,031 | -31,322 | -39,702 | -43,039 | -53,387 | -69,770 | -69,770 | |
14P |
- | - | -630 | 6,044 | 5,866 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 7,542 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
6,835 | 5,869 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
6,835 | 5,869 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | 3,000 | - | 1,500 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | 3,000 | - | 1,500 | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00440249.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00440249 | |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00374486 | |
| 31-12-2023 | micro format | 07-08-2024 | 2024-00346572 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00298637 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20227386 | |
| 31-12-2020 | micro format | 04-08-2021 | 2021-45900277 | |
| 31-12-2019 | micro format | 25-08-2020 | 2020-44300456 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-37900200 | |
| 31-12-2017 | abbreviated format | 08-08-2018 | 2018-44200099 | |
| 31-12-2016 | abbreviated format | 24-07-2017 | 2017-34600237 | |
| 31-12-2015 | abbreviated format | 01-08-2016 | 2016-38400476 | |
| 31-12-2014 | abbreviated format | 04-08-2015 | 2015-39200135 | |
| 31-12-2013 | abbreviated format | 31-07-2014 | 2014-37400600 | |
| 31-12-2012 | abbreviated format | 09-08-2013 | 2013-41000376 | |
| 31-12-2011 | abbreviated format | 26-07-2012 | 2012-34100267 | |
| 31-12-2010 | abbreviated format | 22-07-2011 | 2011-32000310 | |
| 31-12-2009 | abbreviated format | 28-07-2010 | 2010-35600299 | |
| 31-12-2008 | abbreviated format | 27-07-2009 | 2009-48800401 | |
| 31-12-2007 | abbreviated format | 28-07-2008 | 2008-48200070 | |
| 31-12-2006 | abbreviated format | 25-07-2007 | 2007-47100215 | |
| 31-12-2005 | abbreviated format | 31-07-2006 | 2006-58301040 | |
| 31-12-2004 | abbreviated format | 27-07-2005 | 2005-57404188 | |
| 31-12-2003 | abbreviated format | 30-06-2004 | 2004-36205348 | |
| 31-12-2002 | abbreviated format | 07-07-2003 | 2003-40400485 | |
| 31-12-2001 | abbreviated format | 02-07-2002 | 2002-32003229 | |
| 31-12-2000 | abbreviated format | 26-07-2001 | 2001-43404227 | |
| 31-12-1999 | abbreviated format | 04-07-2000 | 2000-36404863 | |
| 31-12-1998 | abbreviated format | 10-06-1999 | 1999-16801442 | |
| 31-12-1997 | abbreviated format | 04-06-1998 | 1998-13603650 | |
| 31-12-1996 | abbreviated format | 30-06-1997 | 1997-23603377 | |
| 31-12-1995 | abbreviated format | 28-06-1996 | 1996-27002657 | |
| 31-12-1994 | abbreviated format | 02-06-1995 | 1995-11503577 | |
| 31-12-1993 | abbreviated format | 30-05-1994 | 1994-10402706 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 7,310 | 8,695 | 8,765 | 11,990 | 15,280 | 21,464 | 24,799 | 17,244 | 19,775 | 10,950 | 18,463 | 13,928 | 12,939 | 19,659 | 14,484 | 20,408 | - | - | 0 | ||
| - | 6,068 | 7,956 | 8,316 | 7,522 | 14,414 | 20,103 | 18,404 | 13,035 | 20,921 | 8,868 | 17,782 | 11,002 | 26,268 | 19,626 | 14,400 | 20,211 | - | - | 0 | ||
| - | -36,683 | 1 | 560 | 72,297 | 1,072 | 86,838 | 826 | 53,574 | 55,633 | 2,079 | 35,066 | 1,039 | 42,967 | 550 | 6,000 | 49,314 | - | - | - | ||
| 12,381 | 27,334 | 7,388 | 1,095 | -8,551 | -786 | -23,725 | 18,306 | 5,994 | -28,005 | 6,162 | 19,469 | 1,631 | 7,586 | -3,224 | 4,091 | 1,465 | -13,353 | 0 | - | ||
| 58,996 | 52,161 | 9,410 | 1,803 | -6,301 | 6,896 | -6,446 | 32,229 | 16,971 | 12,184 | 27,096 | 20,307 | 11,811 | 1,848 | -1,178 | -20,254 | -28,654 | 449 | -12,371 | -12,371 | ||
| 92.7% | 94.7% | 98.5% | 98.9% | 87.8% | 95.6% | 79.0% | 94.6% | 94.3% | 99.7% | 81.9% | 81.3% | 96.1% | 71.6% | 67.3% | 29.0% | 18.3% | 3.3% | -16.3% | -16.3% | ||
| 13.62 | 18.74 | 14.07 | 7.80 | 0.24 | 3.52 | 0.62 | 9.75 | 15.58 | 66.86 | 3.49 | 2.83 | 8.40 | 1.12 | 0.89 | 0.42 | 0.40 | 1.03 | 0.86 | 0.86 | ||
| 10.48 | 13.22 | 14.07 | 7.80 | 0.24 | 3.52 | 0.62 | 9.75 | 15.58 | 66.86 | 3.49 | 2.83 | 8.40 | 1.12 | 0.89 | 0.42 | 0.40 | 1.03 | 0.61 | 0.61 | ||
| 0.08 | 0.06 | 0.02 | 0.01 | 0.14 | 0.05 | 0.27 | 0.06 | 0.06 | 0.00 | 0.22 | 0.23 | 0.04 | 0.40 | 0.48 | 2.45 | 4.45 | - | - | - | ||
| 11.6% | 11.3% | -14.9% | -12.5% | 0.3% | -5.8% | 2.1% | 10.4% | 2.9% | 15.0% | 1.7% | 18.5% | 1.7% | 42.0% | 37.2% | 23.6% | 95.8% | - | - | - | ||
| 10.7% | 10.7% | -14.7% | -12.4% | 0.3% | -5.6% | 1.7% | 9.9% | 2.7% | 15.0% | 1.4% | 15.0% | 1.7% | 30.1% | 25.1% | 6.8% | 17.6% | 121.0% | - | -1.3% | ||
| - | 5.77 | 22.07 | 26.40 | 43.92 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €560 | €72,297 |
| - | €199 | €14,868 | €14,991 | €7,344 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on NETWORK
The operating result for 2025 is 0% higher than in 2024 and the highest since 2018. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 5.3% to 7.3%. Equity and debt are higher.