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PretNet Services

Active
Non-profit associationfounded 200521 yrs activeAlbertlaan 285-287, 1190 Vorst, BelgiumKBO/BCE: BE 0875.012.254
Summary

PretNet Services has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496,197 and a net result of -€1,944. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 84% of 5502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,944
2024 · €1,091
Working capital
€252,724▼ 23.4%
2024 · €330,114
Trend over the years

2023 to 2025, 3 fiscal years

The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€3,954 2025 Net result-€1,944 2025

Point at or tap 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 96, Personal service 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), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€12,610-€7,782▼ 38.3%€3,954▼ 49.2%
Net result€5,185within the sector's middle half-€1,091within the sector's middle half▼ 79.0%-€1,944within the sector's middle half
Equity€497,050above the sector's middle half-€498,141within the sector's middle half▲ 0.2%€496,197above the sector's middle half▼ 0.4%
Total assets€837,017within the sector's middle half-€766,564within the sector's middle half▼ 8.4%€691,642above the sector's middle half▼ 9.8%
Debt€260,688-€189,144▼ 27.4%€165,445▼ 12.5%
Working capital€330,443above the sector's middle half-€330,114above the sector's middle half▼ 0.1%€252,724above the sector's middle half▼ 23.4%
Solvency59.4%above the sector's middle half-65.0%above the sector's middle half▲ 5.6pp71.7%above the sector's middle half▲ 6.8pp
Current ratio3.92above the sector's middle half-6.66above the sector's middle half▲ 2.745.86above the sector's middle half▼ 0.80
Return on assets (ROA)0.6%within the sector's middle half-0.1%within the sector's middle half▼ 0.5pp-0.3%within the sector's middle half▼ 0.4pp
Staff (FTE)34.2within the sector's middle half-30.7within the sector's middle half▼ 10.2%32.5▲ 5.9%
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €691,642
Fixed assets €386,911 ▲ 2.3%
Current assets €304,731 ▼ 21.6%
Equity and liabilities €691,642
Equity €496,197 ▼ 0.4%
Provisions €30,000 ▼ 62.2%
Debt €165,445 ▼ 12.5%
Debt's share of the balance-sheet total falls from 24.7% to 23.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,813▼
2024 · €22,859
Cash flow
€16,915▲
2024 · €16,168
Debt to equity
0.33▼
2024 · 0.38
ROE
-0.4%▼
2024 · 0.2%
Interest coverage
3.87▲
2024 · 3.42
Debt ≤ 1 year
€52,007▼
2024 · €58,332
Debt > 1 year
€113,437▼
2024 · €130,812
Staff costs
€1.1m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 8,616 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.8m€0.7m▼
Fixed assets21/28€0.4m€0.4m▲
Tangible fixed assets22/27€0.4m€0.4m▲
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23€0.006m€0.02m▲
Financial fixed assets28€0.005m€0.008m▲
Current assets29/58€0.4m€0.3m▼
Amounts receivable within one year40/41€0.2m€0.09m▼
Trade receivables40€0.2m€0.09m▼
Cash at bank and in hand54/58€0.2m€0.2m▼
Deferred charges and accrued income490/1€0.007m€0.008m▲
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.7m▼
Equity10/15€0.5m€0.5m▼
Contributions10/11€0.03m€0.03m=
Capital10€0.03m€0.03m=
Reserves13€0.5m€0.5m▲
Profit (loss) carried forward14€0.001m-€0.002m▼
Provisions and deferred taxes16€0.08m€0.03m▼
Provisions for liabilities and charges160/5€0.08m€0.03m▼
Major repairs and maintenance162€0.08m€0.03m▼
Amounts payable17/49€0.2m€0.2m▼
Amounts payable after more than one year17€0.1m€0.1m▼
Financial debts170/4€0.1m€0.1m▼
Amounts payable within one year42/48€0.06m€0.05m▼
Taxes, remuneration and social security45€0.06m€0.05m▼
Remuneration and social security454/9€0.06m€0.05m▼
Income statement Code20242025
Remuneration, social security and pensions62€1.0m€1.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.07m€0.01m▼
Other operating charges640/8€0.01m€0.01m▲
Gross operating margin9900€1.1m€1.1m▲
Operating profit (loss)9901€0.008m€0.004m▼
Financial charges65/66B€0.007m€0.006m▼
Recurring financial charges65€0.007m€0.006m▼
Profit (loss) for the period before taxes9903€0.001m-€0.002m▼
Profit (loss) for the period9904€0.001m-€0.002m▼
Profit (loss) for the period to be appropriated9905€0.001m-€0.002m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.001m-€0.002m▼
Social balance
Average headcount (FTE)908730.7-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€1.0m€1.0m€1.1m▲ 9.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m€0.02m▲ 25.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.03m€0.07m€0.01m▼ 81.9%
Other operating charges640/8€0.003m€0.01m€0.01m▲ 7.4%
Gross operating margin9900€1.1m€1.1m€1.1m▲ 3.8%
Operating profit (loss)9901€0.01m€0.008m€0.004m▼ 49.2%
Financial charges65/66B€0.007m€0.007m€0.006m▼ 11.9%
Recurring financial charges65€0.007m€0.007m€0.006m▼ 11.9%
Profit (loss) for the period before taxes9903€0.005m€0.001m-€0.002m▼ 278%
Profit (loss) for the period9904€0.005m€0.001m-€0.002m▼ 278%
Profit (loss) for the period to be appropriated9905€0.005m€0.001m-€0.002m▼ 278%
Line202320242025Change
Assets
Total assets20/58€837,017€766,564€691,642▼ 9.8%
Fixed assets21/28€393,279€378,118€386,911▲ 2.3%
Tangible fixed assets22/27€387,866€372,705€379,151▲ 1.7%
Land and buildings22€381,274€366,976€358,091▼ 2.4%
Plant, machinery and equipment23€6,592€5,729€21,060▲ 268%
Financial fixed assets28€5,413€5,413€7,761▲ 43.4%
Current assets29/58€443,738€388,446€304,731▼ 21.6%
Amounts receivable within one year40/41€197,667€158,504€89,515▼ 43.5%
Trade receivables40€197,667€158,504€89,515▼ 43.5%
Cash at bank and in hand54/58€238,266€222,640€207,550▼ 6.8%
Deferred charges and accrued income490/1€7,805€7,303€7,666▲ 5.0%
Equity and liabilities
Total equity and liabilities10/49€837,017€766,564€691,642▼ 9.8%
Equity10/15€497,050€498,141€496,197▼ 0.4%
Contributions10/11€31,250€31,250€31,250=
Capital10€31,250€31,250€31,250=
Reserves13€460,615€465,800€466,891▲ 0.2%
Profit (loss) carried forward14€5,185€1,091-€1,944▼ 278%
Provisions and deferred taxes16€79,279€79,279€30,000▼ 62.2%
Provisions for liabilities and charges160/5€79,279€79,279€30,000▼ 62.2%
Major repairs and maintenance162€79,279€79,279€30,000▼ 62.2%
Amounts payable17/49€260,688€189,144€165,445▼ 12.5%
Amounts payable after more than one year17€147,393€130,812€113,437▼ 13.3%
Financial debts170/4€147,393€130,812€113,437▼ 13.3%
Amounts payable within one year42/48€113,295€58,332€52,007▼ 10.8%
Taxes, remuneration and social security45€113,295€58,332€52,007▼ 10.8%
Taxes450/3€1,080---
Remuneration and social security454/9€112,215€58,332€52,007▼ 10.8%
Line202320242025Change
Profit (loss) for the period9904€5,185€1,091-€1,944▼ 278%
+ Depreciation and write-downs630€15,077€15,077€18,859▲ 25.1%
Operating cash flow (approximation)€20,263€16,168€16,915▲ 4.6%
Investment in fixed assets (approximation)-€84-€27,653▼ 33,122%
Change in cash--€15,626-€15,090▲ 3.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €100,594 awarded · €100,594 paid
Year Entries awardedpaid
2025 1 €24,565€24,565
2024 1 €21,296€21,296
2023 1 €26,854€26,854
2022 1 €27,879€27,879
Schemes
4 entries · €100,594 · €100,594 paid · Departement Werk en Sociale Economie