NETWORK GLOBAL MANAGEMENT
ActiveSummary
NETWORK GLOBAL MANAGEMENT has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15.9m and a net result of -€2,335. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-5
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900,000 at 30 days only on tighter terms
Liquidity ample (current ratio 67.61 against 70.91 in 2023; short-term debt: 0.2% and cash: 0% of total assets), and 2.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
97 d late
2023
233 d late
2022
31 d late
2021
87 d late
2020
27 d late
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 90 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,335
2023 · €291,682
Working capital
€1.8m▼ 0.1%
2023 · €1.8m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€185,382▼ 8.1%€124,022▼ 33.1%-€5,322-€7,482▼ 40.6%-€2,071▲ 72.3%
Net result€181,041above the sector's middle half▼ 7.7%€6.3mabove the sector's middle half▲ 3,364%€113,878above the sector's middle half▼ 98.2%€291,682above the sector's middle half▲ 156%-€2,335below the sector's middle half
Equity€15.0mabove the sector's middle half▲ 1.2%€21.3mabove the sector's middle half▲ 41.9%€21.4mabove the sector's middle half▲ 0.5%€15.9mabove the sector's middle half▼ 25.8%€15.9mabove the sector's middle half=
Total assets€17.1mabove the sector's middle half▲ 0.3%€21.6mabove the sector's middle half▲ 26.6%€21.7mabove the sector's middle half▲ 0.3%€16.3mabove the sector's middle half▼ 25.1%€16.3mabove the sector's middle half=
Debt€2.1m▼ 6.1%€376,439▼ 82.1%€331,733▼ 11.9%€394,264▲ 18.8%€395,533▲ 0.3%
Working capital-€38,271within the sector's middle half▲ 81.6%€6.9mabove the sector's middle half€7.0mabove the sector's middle half▲ 1.7%€1.8mabove the sector's middle half▼ 73.6%€1.8mabove the sector's middle half▼ 0.1%
Solvency87.7%above the sector's middle half▲ 0.8pp98.3%above the sector's middle half▲ 10.5pp98.5%above the sector's middle half▲ 0.2pp97.6%above the sector's middle half▼ 0.9pp97.6%above the sector's middle half=
Current ratio0.98within the sector's middle half▲ 0.0719.24above the sector's middle half▲ 18.2622.04above the sector's middle half▲ 2.8070.91above the sector's middle half▲ 48.8667.61above the sector's middle half▼ 3.30
Return on assets (ROA)1.1%within the sector's middle half▼ 0.1pp29.0%above the sector's middle half▲ 27.9pp0.5%below the sector's middle half▼ 28.5pp1.8%within the sector's middle half▲ 1.3pp0.0%below the sector's middle half▼ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +3,364% on 2020. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,071 in 2024 against €7,482 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.3m
Fixed assets
€14.4m =
Current assets
€1.9m ▼ 0.1%
Equity and liabilities €16.3m
Equity
€15.9m =
Debt
€395,533 ▲ 0.3%
Debt's share of the balance-sheet total stays at 2.4%.
Key figures and ratios
Debt to equity
0.02▲
2023 · 0.02
ROE
0.0%▼
2023 · 1.8%
Debt ≤ 1 year
€27,602▲
2023 · €26,333
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1,047 | €2,071 | ▲ 97.8% |
| Other operating charges640/8 | - | €1,088 | €868 | €220 | - | - |
| Non-recurring operating charges66A | - | - | - | €6,215 | - | - |
| Gross operating margin9900 | €187,550 | €125,110 | -€4,454 | -€1,047 | -€2,071 | ▼ 97.8% |
| Operating profit (loss)9901 | €185,382 | €124,022 | -€5,322 | -€7,482 | -€2,071 | ▲ 72.3% |
| Financial income75/76B | - | €6.1m | €128,030 | €324,028 | €134 | ▼ 100.0% |
| Recurring financial income75 | €10,564 | €14,689 | €128,030 | €324,028 | €134 | ▼ 100.0% |
| Non-recurring financial income76B | - | €6.1m | - | - | - | - |
| Financial charges65/66B | - | €2,717 | €8,830 | €16,359 | €398 | ▼ 97.6% |
| Recurring financial charges65 | €14,905 | €2,717 | €8,830 | €16,359 | €398 | ▼ 97.6% |
| Profit (loss) for the period before taxes9903 | €181,041 | €6.3m | €113,878 | €300,187 | -€2,335 | ▼ 101% |
| Income taxes67/77 | - | - | - | €8,505 | - | - |
| Profit (loss) for the period9904 | €181,041 | €6.3m | €113,878 | €291,682 | -€2,335 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €181,041 | €6.3m | €113,878 | €291,682 | -€2,335 | ▼ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.1m | €21.6m | €21.7m | €16.3m | €16.3m | = |
| Fixed assets21/28 | €15.0m | €14.4m | €14.4m | €14.4m | €14.4m | = |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €15.0m | €14.4m | €14.4m | €14.4m | €14.4m | = |
| Current assets29/58 | €2.1m | €7.2m | €7.3m | €1.9m | €1.9m | ▼ 0.1% |
| Amounts receivable within one year40/41 | €2.1m | €7.2m | €7.3m | €1.9m | €1.9m | ▼ 0.1% |
| Trade receivables40 | - | €126,500 | - | - | - | - |
| Other amounts receivable41 | - | €7.1m | €7.3m | €1.9m | €1.9m | ▼ 0.1% |
| Cash at bank and in hand54/58 | €17 | €7,696 | €76 | €20 | €28 | ▲ 40.0% |
| Deferred charges and accrued income490/1 | - | €33 | €12 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.1m | €21.6m | €21.7m | €16.3m | €16.3m | = |
| Equity10/15 | €15.0m | €21.3m | €21.4m | €15.9m | €15.9m | = |
| Contributions10/11 | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Capital10 | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Issued capital100 | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Reserves13 | €322,310 | €322,310 | €322,310 | €322,310 | €322,310 | = |
| Non-distributable reserves130/1 | - | €322,310 | €322,310 | €322,310 | €322,310 | = |
| Legal reserve130 | - | €322,310 | €322,310 | €322,310 | €322,310 | = |
| Profit (loss) carried forward14 | €11.4m | €17.7m | €17.8m | €12.3m | €12.3m | = |
| Amounts payable17/49 | €2.1m | €376,439 | €331,733 | €394,264 | €395,533 | ▲ 0.3% |
| Amounts payable within one year42/48 | €2.1m | €376,439 | €331,733 | €26,333 | €27,602 | ▲ 4.8% |
| Trade debts44 | €8,294 | €299 | €794 | €1,973 | €3,246 | ▲ 64.5% |
| Suppliers440/4 | - | €299 | €794 | €1,973 | €3,246 | ▲ 64.5% |
| Taxes, remuneration and social security45 | - | - | - | €24,360 | €24,356 | = |
| Taxes450/3 | - | - | - | €24,360 | €24,356 | = |
| Other amounts payable47/48 | - | €376,141 | €330,939 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €367,931 | €367,931 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,041 | €6.3m | €113,878 | €291,682 | -€2,335 | ▼ 101% |
| Operating cash flow (approximation) | €181,041 | €6.3m | €113,878 | €291,682 | -€2,335 | ▼ 101% |
| Investment in fixed assets (approximation) | - | €637,354 | €0 | -€0 | €0 | ▲ 100% |
| Change in cash | - | €7,679 | -€7,621 | -€56 | €8 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 233 days late
2024
31-12
Financial
Weakest financial yearnet -€2,335
Net result drops to -€2,335, the lowest in the series.
2023
31-12
Financial
Liquidity triplescurrent ratio 70.91
Current ratio from 22.04 to 70.91; short-term debt falls from €331,733 to €26,333.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
31-12
Financial
Highest result since 2018net €6.3m ▲3,364%
Net result €6.3m, the highest in the series.
31-12
Financial
Liquidity times 20current ratio 19.24
Current ratio from 0.98 to 19.24; short-term debt falls from €2.1m to €376,439.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 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, Liège · 1 establishment unit since 1982
Ground area
384 m²
Building footprint
111 m²
Volume, LiDAR
1,882 m³
Parcel 62803B0203/00M005, Wallonia · tallest building 18.8 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Rue du Jardin-Botanique 46, 4000 Liège
since 19822.020.608.087
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803B0203/00M005 | Wallonia | 384 m² | 1 · 111 m² | 18.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 4 holdingsChain of control
- OPEN RETAIL SERVICES
- NETWORK GLOBAL MANAGEMENT
Highest known parent: OPEN RETAIL SERVICES. The sources do not say who stands above it.
Owners 2
-
99%
- Sourceaccounts ENLAMAS 20241%
Holdings 4
-
100%
-
100%
-
100%
-
100%
According to the 2022 annual accounts of NETWORK GLOBAL MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 4,860 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-03-1982
Fiscal year end31-12
Abbreviation FR
N.G.M.
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
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Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.