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NETWORK MARKETING

Active
Private limited companyfounded 198936 years activeAvenue Vésale 20, 1300 Wavre, BelgiumKBO/BCE: BE 0438.616.083
Summary

The computed 12-month bankruptcy probability of NETWORK MARKETING is 2.0% (moderate). The 2024 annual accounts show equity of €346,382 and a net result of €83,687. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 1,132 sector peers (NACE 49, fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Removal services
NACE 49420Freight transport by road NACE 49410
#4 company by equity in Wavre, Transport and storage sector5 sites
Size
€1.1mtotal assets 2024
Staff
17.4 FTE
Equity
€346,382
Profit
€83,687
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Holdings
1
Accounts 69 days overdue0 of 4 deeds read
Why 55- Figures for FY 2024 (filed 04-07-2025)- Sector Land transport and transport via pipelines (NACE 49)- Liquidity: current ratio 0.60, cash €63,678+ Founded in 1989Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 49, small)
Financial strength · tick = 2023
Average
Solvency 56+8
equity 30.7% of total assets
Liquidity 32-9
short-term debt 49.6% · cash 5.6%
Profitability 78+54
return on assets 7.4%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,178 companies)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.4%▲ +0.1 percentage points vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.3%▼ -0.2 percentage points vs 05-2025 07-2025: 2.7%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -2.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.6 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 2.0%▲ +0.7 percentage points vs 09-2026
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.44 in 2023; short-term debt: 49.6% and cash: 5.6% of total assets), and 69.3% of the assets are financed with debt.
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 49, small): better than 40% on solvency, 26% on liquidity, 71% on profitability and 86% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 04-07-2025)
NBB · annual accounts
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 0.60, cash €63,678
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 days early
2023
34 days early
2022
28 days early
2021
53 days early
2020
2 days late
2019
60 days 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 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Back to profitnet €83,687
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Back in profit in 2024after -€127,957 in 2023 €83,687 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Company by equity in Wavre, Transport and storage…in the Checked rankings #4 View

By topic

Financials

Fiscal year
2024
Total assets
€1.1m
Profit
€83,687
Solvency
30.7%
Total assets▼ 0.5%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 31-12-2023Weakest financial year
  2. 03-07-2023Annual accounts filed
  3. 08-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
5
Legal form
Private limited company
Activity
Removal servicesNACE 49420
Founded
15-10-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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