S-NETWORKS
ActiveS-NETWORKS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €40k. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-9
Solvency74▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity short (current ratio 0.49 against 3.52 in 2023; short-term debt: 47.6% and cash: 6.6% of total assets), and 51.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 24-11-2025, 116 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
116 d late
2023
28 d late
2022
24 d late
2021
16 d early
2020
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 37.5%
2023 · €106k
2020: €30k
2021: €58k
2022: €72k
2023: €106k
2020 → 2024
Total assets
€301k▲ 73.8%
2023 · €173k
2020: €110k
2021: €113k
2022: €133k
2023: €173k
2020 → 2024
Net result
€40k▲ 16.3%
2023 · €34k
2020: €24k
2021: €31k
2022: €14k
2023: €34k
2020 → 2024
Working capital
€-73k
2023 · €105k
2020: €22k
2021: €39k
2022: €48k
2023: €105k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€58k▲ 95.1%€72k▲ 24.2%€106k▲ 47.5%€146k▲ 37.5%
Operating result€30k-€43k▲ 41.3%€19k▼ 55.7%€44k▲ 129%€54k▲ 22.9%
Net result€24k-€31k▲ 29.9%€14k▼ 54.5%€34k▲ 144%€40k▲ 16.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€231k▲ 786%
Current assets
€70k▼ 52.4%
Equity and liabilities €301k
Equity
€146k▲ 37.5%
Debt
€154k▲ 132%
The debt ratio rises from 38.5% to 51.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▲
2023 · €57k
Cash flow
€52k▲
2023 · €48k
Solvency
48.7%▼
2023 · 61.5%
Current ratio
0.49▼
2023 · 3.52
Quick ratio
0.49▼
2023 · 3.52
Debt / equity
1.05▲
2023 · 0.63
ROE
27.3%▼
2023 · 32.2%
ROA
13.3%▼
2023 · 19.8%
Interest coverage
187.40▲
2023 · 93.92
Debt
€154k▲
2023 · €67k
Debt ≤ 1 year
€143k▲
2023 · €42k
Debt > 1 year
€11k▼
2023 · €25k
Income taxes
€14k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€173k€301k▲
Formation expenses20-€0
Fixed assets21/28€26k€231k▲
Tangible fixed assets22/27€26k€231k▲
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€18k€67k▲
Leasing and similar rights25-€153k
Other tangible fixed assets26€5k€5k=
Current assets29/58€147k€70k▼
Amounts receivable after more than one year29€25k-
Other amounts receivable291€25k-
Amounts receivable within one year40/41€74k€50k▼
Trade receivables40€66k€36k▼
Other amounts receivable41€7k€14k▲
Cash at bank and in hand54/58€48k€20k▼
Equity and liabilities
Total equity and liabilities10/49€173k€301k▲
Equity10/15€106k€146k▲
Contributions10/11€6k€6k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€72k€112k▲
Amounts payable17/49€67k€154k▲
Amounts payable after more than one year17€25k€11k▼
Financial debts170/4€25k€11k▼
Amounts payable within one year42/48€42k€143k▲
Current portion of amounts payable after more than one year42€15k€14k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Advances received on contracts in progress46€2k€6k▲
Taxes, remuneration and social security45€15k€28k▲
Taxes450/3€15k€28k▲
Other amounts payable47/48€2k€93k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€292€25k▲
Gross operating margin9900€57k€90k▲
Operating profit (loss)9901€44k€54k▲
Financial income75/76B€710€654▼
Recurring financial income75€710€654▼
Financial charges65/66B€607€350▼
Recurring financial charges65€607€350▼
Profit (loss) for the period before taxes9903€44k€54k▲
Income taxes67/77€10k€14k▲
Profit (loss) for the period9904€34k€40k▲
Profit (loss) for the period to be appropriated9905€34k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€112k▲
Profit (loss) brought forward from the previous period14P€38k€72k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2024
31-12
Financial
Highest result since 2020net €40k ▲16.3%
Operating result €54k, net result €40k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Equity above €100kEq €106k ▲47.5%
4 profitable years in a row build equity to €106k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €14k ▼54.5%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Stekene · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeshoekstraat(STE) 779190 StekeneGround area
820 m²
Building footprint
178 m²
Volume, LiDAR
798 m³
Parcel 46024B1259/02B000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
S-NETWORKS
since 20202.299.174.766
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024B1259/02B000 | Flanders | 820 m² | 1 · 178 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 7,740 EUR awarded · 4,785 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 272 EUR | 272 EUR |
| 2024 | 1 | 2,045 EUR | 767 EUR |
| 2023 | 1 | 5,423 EUR | 3,746 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2020
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.s-networks.org
E-mail:sammy@s-networks.org