Network Engineering Construction
ActiveSummary
Network Engineering Construction has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,420 and a net result of -€572. Equity is shrinking by about 7.6% per year across the filed financial years. Its solvency ranks better than 92% of 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €71,420
- Loss
- -€572
- DECUYPER ChristopheDirector
- FASTENAEKELS Sophie Marylin AnDirector
Why 88raises riskLiquidity: current ratio 11.99, cash €292, halvedLoss of €572 (financial year 2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Equity €71,420 (92.6% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 36% on liquidity, 31% on profitability and 27% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €10,768
Financials · financial year 2025, micro format
2025 annual accounts filed late (20 days) Filed on 20 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00117081.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €1,295 after €8,974 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €29,390 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,589 | €2,533 | €4,102 | €4,352 | €5,433 | €3,978 | €4,222 | ▲ 6.1% |
| Other operating charges640/8 | - | - | €1,550 | €58 | €835 | €949 | €1,009 | ▲ 6.3% |
| Non-recurring operating charges66A | - | - | €514 | - | €721 | - | - | - |
| Gross operating margin9900 | €15,403 | €30,378 | €21,199 | €14,101 | -€395 | €13,901 | €3,936 | ▼ 71.7% |
| Operating profit (loss)9901 | €12,029 | €2,332 | -€14,357 | €9,691 | -€7,384 | €8,974 | -€1,295 | - |
| Financial income75/76B | - | - | - | €19 | €2,100 | €2,101 | €2,107 | ▲ 0.3% |
| Recurring financial income75 | €1,689 | €1 | - | €19 | €2,100 | €2,101 | €2,107 | ▲ 0.3% |
| Financial charges65/66B | - | - | €386 | €262 | €161 | €161 | €183 | ▲ 13.7% |
| Recurring financial charges65 | €224 | €185 | €386 | €262 | €161 | €161 | €183 | ▲ 13.7% |
| Profit (loss) for the period before taxes9903 | €13,494 | €2,148 | -€14,743 | €9,448 | -€5,445 | €10,914 | €629 | ▼ 94.2% |
| Income taxes67/77 | €6,500 | €1,085 | €149 | €673 | €1,016 | €146 | €1,201 | ▲ 723% |
| Profit (loss) for the period9904 | €6,994 | €1,063 | -€14,892 | €8,775 | -€6,461 | €10,768 | -€572 | - |
| Transfer from tax-exempt reserves789 | - | - | €4,500 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,956 | €1,063 | -€10,392 | €8,775 | -€6,461 | €10,768 | -€572 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €123,858 | €122,284 | €106,882 | €114,951 | €86,824 | €83,551 | €77,092 | ▼ 7.7% |
| Fixed assets21/28 | €7,069 | €5,881 | €16,896 | €12,645 | €13,966 | €9,989 | €9,103 | ▼ 8.9% |
| Tangible fixed assets22/27 | €7,069 | €5,674 | €16,689 | €12,645 | €13,880 | €9,903 | €9,017 | ▼ 8.9% |
| Plant, machinery and equipment23 | - | - | €13,787 | €11,044 | €8,300 | €5,852 | €5,706 | ▼ 2.5% |
| Furniture and vehicles24 | - | - | €2,902 | €1,601 | €5,580 | €4,051 | €3,311 | ▼ 18.3% |
| Financial fixed assets28 | - | €207 | €207 | - | €86 | €86 | €86 | = |
| Current assets29/58 | €116,789 | €116,403 | €89,986 | €102,306 | €72,858 | €73,562 | €67,989 | ▼ 7.6% |
| Amounts receivable after more than one year29 | - | - | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Other amounts receivable291 | - | - | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Stocks and contracts in progress3 | - | - | - | - | €2,460 | €2,210 | €2,065 | ▼ 6.6% |
| Stocks30/36 | - | - | - | - | €2,460 | €2,210 | €2,065 | ▼ 6.6% |
| Amounts receivable within one year40/41 | €105,184 | €73,388 | €61,977 | €13,213 | €8,410 | €7,324 | €5,632 | ▼ 23.1% |
| Trade receivables40 | - | - | €12,923 | €12,257 | €8,410 | €3,872 | €1,573 | ▼ 59.4% |
| Other amounts receivable41 | - | - | €49,054 | €956 | - | €3,452 | €4,059 | ▲ 17.6% |
| Cash at bank and in hand54/58 | €11,605 | €43,015 | €28,009 | €29,093 | €1,988 | €3,500 | €292 | ▼ 91.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €528 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €123,858 | €122,284 | €106,882 | €114,951 | €86,824 | €83,551 | €77,092 | ▼ 7.7% |
| Equity10/15 | €116,239 | €117,302 | €102,410 | €111,185 | €74,724 | €80,492 | €71,420 | ▼ 11.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €68,148 | €68,148 | €63,648 | €72,148 | €42,148 | €47,648 | €39,148 | ▼ 17.8% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | €26,788 | €26,788 | €26,788 | €26,788 | €26,788 | = |
| Distributable reserves133 | - | - | €35,000 | €43,500 | €13,500 | €20,860 | €12,360 | ▼ 40.7% |
| Profit (loss) carried forward14 | €41,891 | €42,954 | €32,562 | €32,837 | €26,376 | €26,644 | €26,072 | ▼ 2.1% |
| Amounts payable17/49 | €7,619 | €4,982 | €4,472 | €3,766 | €12,100 | €3,059 | €5,672 | ▲ 85.4% |
| Amounts payable within one year42/48 | €7,619 | €4,982 | €4,472 | €3,766 | €12,100 | €3,059 | €5,672 | ▲ 85.4% |
| Trade debts44 | €2,599 | €3,660 | €781 | €407 | €395 | €546 | €3,358 | ▲ 515% |
| Suppliers440/4 | - | - | €781 | €407 | €395 | €546 | €3,358 | ▲ 515% |
| Taxes, remuneration and social security45 | - | - | €3,691 | €3,359 | €2,251 | €2,513 | €2,314 | ▼ 7.9% |
| Taxes450/3 | - | - | €3,691 | €3,359 | €2,251 | €2,513 | €2,314 | ▼ 7.9% |
| Other amounts payable47/48 | - | - | - | - | €9,454 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,994 | €1,063 | -€14,892 | €8,775 | -€6,461 | €10,768 | -€572 | - |
| + Depreciation and write-downs630 | €2,589 | €2,533 | €4,102 | €4,352 | €5,433 | €3,978 | €4,222 | ▲ 6.1% |
| Operating cash flow (approximation) | €9,583 | €3,596 | -€10,790 | €13,127 | -€1,028 | €14,746 | €3,650 | ▼ 75.2% |
| Investment in fixed assets (approximation) | - | -€1,345 | -€15,117 | -€101 | -€6,754 | -€1 | -€3,336 | ▼ 333,500% |
| Change in cash | - | €31,410 | -€15,006 | €1,084 | -€27,105 | €1,512 | -€3,208 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 20-05-2026 | 2026-00117081 |
| 30-09-2024 | micro format | 28-04-2025 | 2025-00087901 |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00080824 |
| 30-09-2022 | micro format | 22-05-2023 | 2023-00092636 |
| 30-09-2021 | micro format | 23-05-2022 | 2022-20043552 |
| 30-09-2020 | micro format | 03-05-2021 | 2021-13100193 |
| 30-09-2019 | micro format | 21-04-2020 | 2020-09600424 |
| 30-09-2018 | micro format | 02-05-2019 | 2019-12600200 |
| 30-09-2017 | micro format | 23-04-2018 | 2018-10300352 |
| 30-09-2016 | abbreviated format | 20-03-2017 | 2017-06600420 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DECUYPER Christophe |
|
| FASTENAEKELS Sophie Marylin An |
|
Owners and capital
Capital and shareholders
- 05-02-2024 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-02
Gazette deed
Appointments: DECUYPER Christophe (director) and FASTENAEKELS Sophie Marylin An (director)Legal-form conversion · Capital conversion · Reserve release8 facts ▸
- Legal-form conversion, “statuten aanpassen aan WVV, artikel 39, §1, eerste en derde lid van de wet van 23-03-2019” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “geldig voor toekomstige bijstortingen van niet gestort kapitaal, statutair onbeschikbare eigen vermogensrekeningen opheffen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, DECUYPER Christophe (director (not named in the articles))
- Director appointment, FASTENAEKELS Sophie Marylin An (director (not named in the articles))
- Registered office clause, “1501 Halle, Geynstbos 45” (deed in Dutch)
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23013A0167/00K004 | Flanders | 616 m² | 1 · 168 m² | 9.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels; Detailhandel in audio- en videoapparatuur in gespecialiseerde…” (deed in Dutch)
56 activities (deed in Dutch)
- Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels.
- Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels.
- Draadgebonden telecommunicatie.
- Draadloze telecommunicatie.
- Transmissie van geluid, beelden, gegevens of andere informatie via kabel, draadloos, door middel van relais of via een satelliet.
- Exploitatie van elektronische communicatienetwerken voor algemeen gebruik of ten behoeve van bepaalde categorieën van gebruikers (b.v. financiële instellingen).
- Telefoon, mobilofoon, telegraaf, telex, fax.
- Onderhoud van het netwerk.
- Transmissie van radio- en televisieprogramma's (radio- en televisiedistributie, kabelmaatschappijen).
- Telecommunicatie via satelliet.
- Overige telecommunicatie.
- Ontwerpen en programmeren van computerprogramma's.
- Beheer van computerfaciliteiten.
- Overige diensten op het gebied van informatietechnologie en computer.
- Overige dienstverlenende activiteiten op het gebied van informatie, n.e.g.
- Holdings.
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven die in meerderheid tot de financiële sector behoren.
- Managementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren...
- Handel in eigen onroerend goed.
- Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis.
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering.
- Toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking, enz.)
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica, mijnbouw, chemie, machine- en werktuigbouw, industriële systeemontwikkeling, veiligheid, enz.
- Uitwerking van projecten op het gebied van klimaatbeheersing, koeltechniek, zuivering en voorkomen van pollutie, akoestiek, enz.
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering.
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.
- Het verlenen van adviezen en het vertegenwoordigen (met uitzondering van de wettelijke vertegenwoordiging) van cliënten voor belastingsautoriteiten.
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van Informatie aan de bedrijfsleiding, enz.
- Het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz.
- De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica, mijnbouw, chemie, machine- en werktuigbouw, industriële systeemontwikkeling, veiligheid, enz.
- De uitwerking van projecten op het gebied van klimaatbeheersing, koeltechniek, zuivering en voorkomen van pollutie, akoestiek, enz.
- De uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw, de weg- en waterbouwen het verkeer.
- Overige dienstverlening hoofdzakelijk aan bedrijven, n.e.g.
- Overige diensten aan personen, n.e.g.
- Groothandel in parfumerieën en cosmetica.
- Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.
- Detailhandel in kledingaccessoires in gespecialiseerde winkels.
- Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels.
- Sport- en recreatieonderwijs.
- Overige vormen van onderwijs.
- Overige onderwijsondersteunende dienstverlening.
- Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten.
- Beoefening van uitvoerende kunsten door artistieke ensembles.
- Scheppende kunsten, m.u.v. ondersteunende diensten.
- Ondersteunende activiteiten voor scheppende kunsten.
- Schoonheidsverzorging.
- Sauna's, solaria, baden enz.
- Handelsbemiddeling in parfums, cosmetica, toiletartikelen en reinigingsmiddelen.
- Kleinhandel in reukwerk en cosmetica.
- Kleinhandel in imitatiesieraden, gadgets, enz.
- Detailhandel in allerlei producten via het internet (e-commerce)
- Verlenen van advies op het gebied van de schoonheidszorgen en gezichtsverzorging; het aanbrengen van make-up, enz.
- Huidverzorging en epileren.
- Manicure en pedicure.
- Diensten in verband met het lichamelijk welzijn, zoals verleend in inrichtingen voor thalassotherapie, kuuroorden, Turkse baden, sauna's, stoombaden, solariums, massagesalons, enz.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Network Engineering Construction
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Bestuursorgaan, elk aandeel recht op gelijk aandeel in winstverdeling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of March at 10:00