Equity
-€621
Debts exceed assets in financial year 2025.
NETWORK INTEGRATION
Overview
Lifetime
1 annual account with figurespeak -€3,621 (2025)
-€3,621
lowest -€3,621 (2025)
-€3,621
peak -€621 (2025)
-€621
€4,223
Board2 names since 2024
1 directorde Villenfagne de Leön Laurent
Documentsfilings and deeds
04-08-20264 days late
2025abbreviated format
Loss of €3,621First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Position in the sector
-17.2%
Lower solvency than 95% of companies in specialised construction. Sector median 44.0% · 9,973 companies.
2025 accounts filed 4 days after the deadlineTurnover not published (abbreviated format)
Checked score
51
Fair
Financially stronger than 18% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.1%
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.2%▲ +0.1 percentage points vs 11-2025
01-2026: 3.8%▲ +0.6 percentage points vs 12-2025
02-2026: 4.0%▲ +0.2 percentage points vs 01-2026
03-2026: 4.4%▲ +0.4 percentage points vs 02-2026
04-2026: 4.9%▲ +0.5 percentage points vs 03-2026
05-2026: 4.9%● unchanged vs 04-2026
06-2026: 4.8%▼ -0.1 percentage points vs 05-2026
07-2026: 4.8%● unchanged vs 06-2026
08-2026: 5.2%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 2.1%▼ -3.1 percentage points vs 08-2026lowest value
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
No registered site in the KBO
Founded in 2024
lowers risk
Liquidity: current ratio 0.85, cash €3,000
Size: total assets €3,602
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, micro). It does better than 6% of them on solvency, 43% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as NETWORK INTEGRATION has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NETWORK INTEGRATION itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for NETWORK INTEGRATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
4 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
DV
de Villenfagne de Leön Laurent
Director, since 18-09-2024
- de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain 90 sharesdeed of 20-09-2024
- VERLEGH Andrew Daniel Filip 10 sharesdeed of 20-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013758579
Incorporation
Founding capital of €3,000, 100 shares · Founders: de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain and VERLEGH Andrew Daniel Filip · Appointment: de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain (director) · published on 20-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NETWORK INTEGRATION Braine-l'Alleud | €3,602 | -€3,621 | -17.2% | - |
| FLUXPOWER Zaventem | €3,570 | -€756 | 0.3% | - |
| VEZA Maasmechelen | €4,364 | -€3,458 | 91.7% | - |
| BATI SENS Sint-Pieters-Leeuw | €3,336 | -€1,690 | -50.7% | - |
| Letse Invest Wijnegem | €3,180 | -€1,460 | 47.4% | - |
| DRK CONCEPT Tienen | €4,212 | €385 | 94.4% | - |
| INFRA COM Drogenbos | €2,935 | -€9,784 | -324.3% | - |
These companies have the same main activity as NETWORK INTEGRATION: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2,940 and €4,360, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 18-09-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 03-03-2026
Insights on NETWORK INTEGRATION
The computed 12-month bankruptcy probability of NETWORK INTEGRATION is 2.1% (moderate). The 2025 annual accounts show negative equity (-€621) and a net result of -€3,621.
Its solvency ranks better than 5% of 9,973 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 04-08-2026, 4 days late-€3,621
-€3,621
-€3,621
-€621
-
-
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €3,602 on 31-12-2025What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
3,602 | |
29/58 |
3,602 | |
40/41 |
602 | |
41 |
602 | |
54/58 |
3,000 | |
| Balance sheet: equity and liabilities | ||
10/49 |
3,602 | |
10/15 |
-621 | |
10/11 |
3,000 | |
11 |
3,000 | |
1109/19 |
3,000 | |
14 |
-3,621 | |
17/49 |
4,223 | |
42/48 |
4,223 | |
44 |
2,481 | |
440/4 |
2,481 | |
47/48 |
1,742 | |
| Income statement | ||
9900 |
-3,621 | |
9901 |
-3,621 | |
9903 |
-3,621 | |
9904 |
-3,621 | |
9905 |
-3,621 | |
| Appropriation of the result | ||
9906 |
-3,621 | |
| Document | ||
Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 4 days after the deadline. Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00381837.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-08-2026 | 2026-00381837 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -621 |
The ratios are withheld because a balance sheet total of €3,602 is too small for a meaningful ratio.
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.
Insights on NETWORK INTEGRATION
Equity is negative. Debt (€4,223) exceeds the balance-sheet total (€3,602).
Board & ownership
Board
1 director, since incorporationde Villenfagne de Leön Laurent
Director
since 18-09-2024
listed in the 2025 annual accounts, filed on 04-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-09-2024
Mandates through the years
2 names, the dashed line is todayde Villenfagne de Leön Laurent
Director
Director
BoardEarlierend not dated
Mandates as a list
- de Villenfagne de Leön Laurent
- Director, from 18-09-2024 to date
- de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain
- Director, appointed by deed of 20-09-2024, no longer listed in the 2025 annual accounts
Control
Founders
de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain, VERLEGH Andrew Daniel Filip
This company
NETWORK INTEGRATION
Equity -€621
Loss €3,621 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- -€6.21 in 2025
- Source
- deed of 20-09-2024
Articles of association
deed of 20-09-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Lorsque les actions ne sont pas entièrement libérées, l’organe d’administration décide souverainement des appels de fonds complémentaires à…”
- Authorised capitalThe board may raise the capital up to this amount without a new shareholder decision.
- “Conférer à l’organe d'administration le pouvoir d’émettre des actions nouvelles, des obligations convertibles ou des droits de souscription…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In June
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 20-09-2024 ↗
- de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain 90 shares (90%) · €2,700 in cash
- VERLEGH Andrew Daniel Filip 10 shares (10%) · €300 in cash
Network & group
No group
NETWORK INTEGRATION has no parent and no holdings in its annual accounts. de Villenfagne de Leön Laurent is the only director. NETWORK INTEGRATION shares no director with another company.
Timeline
Timeline
3 events since 2024Filings
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 4 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1013758579
2024
IncorporationFounding capital of €3,000, 100 shares · Founders: de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain and VERLEGH Andrew Daniel Filip · Appointment: de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain (director) · published on 20-09-20245 points ▸
- Founder, de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain
- Founder, VERLEGH Andrew Daniel Filip
- Founding capital, €3,000, 100 shares
- Director appointment, de VILLENFAGNE de LOËN Laurent Robert Henri Marie Ghislain
- Power of attorney, Dimitri CLEENEWERCK DE CRAYENCOUR
- The deed holds 2 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1013.758.579
- VAT number
- BE 1013.758.579
- Peppol ID
- 0208:1013758579
- Other Peppol ID
- 9925:BE1013758579
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-09-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In Junedeed of 20-09-2024 (in French)
- Proxy ruleThe articles set whether a shareholder may be represented at the meeting by someone else.
- “Chaque actionnaire peut se faire représenter par un tiers, actionnaire ou non, porteur d'une procuration spéciale, l'assemblée délibère…”deed of 20-09-2024 (in French)
- Peppol
- Reachable since 03-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NETWORK INTEGRATION in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-09-2024 (in French)
- Elected domicileThe directors or the company receive official documents at this address.
- “Chaque membre d'un organe d'administration ou délégué à la gestion journalière peut élire domicile au siège de la société pour toutes les…”deed of 20-09-2024 (in French)
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
43299
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’entreprise de toutes installations électriques et électrotechniques, groupes électrogènes, branchements et raccordements, grand et petit…”deed of 20-09-2024 (in French)
8 activities
- L’entreprise de toutes installations électriques et électrotechniques, groupes électrogènes, branchements et raccordements, grand et petit matériel électrique, entre autres. Installation de systèmes d'éclairage et de signalisation, systèmes de surveillance et d'alarme, installations téléphoniques et systèmes informatiques. Entreprise pour l'installation, la réparation et l'entretien de toutes installations de chauffage électrique. Installation de panneaux publicitaires lumineux et enseignes, installations d'antennes et de paratonnerres. Conception, montage et entretien de systèmes de contrôle automatisés.
- L'achat, la vente, l'échange, la location, la construction, la transformation, la démolition, l'exploitation et la mise en valeur, sous toutes formes, de tous biens mobiliers et immobiliers, acquis ou non, construits ou non, de tous biens de toute nature, et la participation sous toutes formes à des entreprises ou autres entités, ainsi que l'acquisition, l'administration, la gestion, la vente ou l'échange de tous droits, actions ou participations dans des entreprises ou autres entités commerciales ou industrielles, avec ou sans personnalité juridique.
- Tout investissement en numéraire, par inscription, par participation financière, par fusion ou absorption ou par tout autre moyen, dans toute société, entreprise ou autre entité, laquelle, totalement ou partiellement, a un objet similaire à celui de la société ou dont les activités visent à développer ou à étendre celui-ci, tant en Belgique qu'à l'étranger
- Toutes opérations de type industriel, commercial et administratif, affaires et transactions en lien avec des biens meubles et immeubles, de nature financière ou autre, pour son propre compte ou pour le compte de tiers, directement ou indirectement, entièrement ou partiellement, liées à l'objet de la société ou pouvant favoriser directement ou indirectement la réalisation de cet objet
- Agir pour le compte d'autres sociétés, entreprises, associations, groupements ou organisations, en qualité de mandataire, d'agent, d'intermédiaire ou autrement
- Se porter caution ou accorder son aval pour tous prêts ou engagements quelconques tant pour elle-même que pour tous tiers
- Hypothéquer ses immeubles et mettre en gage tous ses autres biens y compris son fonds de commerce
- Donner en hypothèque ses propres biens ainsi que tous ses actifs, avec ou sans engagement du propriétaire, accorder ou obtenir des prêts, des crédits et d'autres engagements, soit pour son propre compte soit pour le compte de tiers, sous condition qu'elle y ait un intérêt direct ou indirect
Registered office and establishments
| Rue Raymond Lebleux 91A registered office 1428 Braine-l'Alleud |
Buildings and parcels at the address
- Ground area
- 365 m²
- Buildings
- 90 m²
- Volume, LiDAR
- 703 m³
- Tallest building
- 10.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25054D0053/00M003 | 365 m² | 1 · 90 m² | 10.0 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1013.758.579