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NETWORK INSTALLATION TEAM

Active
Private limited companyfounded 2009active for 17 yearsEksaardebaan 23, 9160 Lokeren, BelgiumKBO/BCE: BE 0818.136.897
Summary

NETWORK INSTALLATION TEAM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €694,689 and a net result of €58,060. Equity has been growing by about 19% per year since 2019. Its solvency ranks better than 42% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-08-2009 Normal situation
Activity
General electrical installation work NACE 43211
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 30-06-2024
Establishment unit
2.180.874.853 9160 Lokeren, since 27-08-2009
Financial year end
30 June
Peppol
Reachable since 28-08-2023

Board and ownership

Last known board
and 2 others

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-06-2025
Gross margin
€978,087
▲ 1.9%
Turnover
≈ €2.2m
estimated
Profit
€58,060
▼ 33.9%
Equity
€694,689
▼ 5.7%
Total assets
€1.8m
▲ 29.4%
Employees on 30-06-2025
12
▲ 33.3%
Score breakdownraises riskSize: 10.9 FTE, total assets €1.8mSector: Specialised construction activities (NACE 43)lowers riskFounded in 2009Figures for financial year 2025 (filed on 01-02-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 63-14
equity 37.9% of total assets
Liquidity 46+1
short-term debt 27.4% · cash 5.6%
Profitability 70-6
return on assets 3.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.3%▲ +0.2 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.4%▼ -0.2 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.79 (2.29 in 2024), above the usual 1.5. Short-term debt is 27.4% and cash 5.6% of total assets. However, 62.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, small). It does better than 50% of them on solvency, 52% on liquidity, 41% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 10.9 FTE, total assets €1.8m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-02-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
3 days early
2023
29 days early
2022
31 days early
2021
3 days early
2020
31 days early
2019
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €58,060 7 years View
  • Higher gross margin than 86% of companies in specialised constructionsector median €244,807 · 9,877 companies €978,087 View

Recent changes

  1. · Gazette deed Changes of role: De Vries Ivan, Naudts Johan and 3 others
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as NETWORK INSTALLATION TEAM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.6m and €2m, founded between 2007 and 2012.

CompanyTotal assetsGross margin
NETWORK INSTALLATION TEAM Lokeren€1.8m€1.0m
Aircotechnix Nijlen€1.9m€1.1m
COOLEN Installatietechniek Arendonk€1.7m€1.1m
ELEKTRICITEITSWERKEN NOPPE Kapellen€1.9m€1.0m
ELEKTROTECHNIEK DEKRI Wetteren€1.7m€1.0m
PRO ENERGY SOLUTIONS Aalter€1.6m€0.8m
ENTEK Beveren-Kruibeke-Zwijndrecht€2.0m€0.7m
Full comparison

Key facts about NETWORK INSTALLATION TEAM

What is the company number of NETWORK INSTALLATION TEAM?
The company number of NETWORK INSTALLATION TEAM is 0818.136.897. The VAT number is the same number with BE in front: BE 0818.136.897.
Where is NETWORK INSTALLATION TEAM based?
The registered office is at Eksaardebaan 23, 9160 Lokeren.Company details
What does NETWORK INSTALLATION TEAM do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of NETWORK INSTALLATION TEAM?
The legal form of NETWORK INSTALLATION TEAM is Private limited company (BV).
When was NETWORK INSTALLATION TEAM founded?
NETWORK INSTALLATION TEAM was founded on 31-08-2009.
Is NETWORK INSTALLATION TEAM still active?
Yes, NETWORK INSTALLATION TEAM is an active enterprise in the KBO register.
How many employees does NETWORK INSTALLATION TEAM have?
NETWORK INSTALLATION TEAM had an average of 10.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NETWORK INSTALLATION TEAM fall under?
In its 30-06-2024 annual accounts, NETWORK INSTALLATION TEAM states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of NETWORK INSTALLATION TEAM?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €978,087 and 34 comparable companies (NACE 43211). It probably lies between €1.9m and €2.7m.
Is NETWORK INSTALLATION TEAM profitable?
In financial year 2025, NETWORK INSTALLATION TEAM made a profit of €58,060.
Where can I find the annual accounts of NETWORK INSTALLATION TEAM?
NETWORK INSTALLATION TEAM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NETWORK INSTALLATION TEAM due?
NETWORK INSTALLATION TEAM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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