Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
NETELVUUR from Lievegem, company number BE0477241186, closed financial year 2025 with a result of € -1,664 after tax. For that financial year NETELVUUR recorded revenue of € 58,764 and equity of € 10,490. Compared with financial year 2024, the result moved from € -28,522 to € -1,664. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ 10,490
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,664
▲ 94 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,912
▲ 233% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,110.
People and assets in 2025
€ 6,184
▼ 53% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 122,195
▼ 5% vs 2024
€ 7,000 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 247
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,609
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 52,771 | € 58,764 | ▲ 11% |
| Gross margin | € 23,864 | € 30,595 | € 9,334 | € 20,844 | ▲ 123% |
| Profit after taxes | € -338 | € 4,273 | € -28,522 | € -1,664 | ▲ € 26,858 |
| Equity | € 36,403 | € 40,676 | € 12,154 | € 10,490 | ▼ 14% |
| Total debts | € 168,272 | € 151,345 | € 136,239 | € 128,999 | ▼ 5% |
| Cash | € 6,777 | € 12,532 | € 6,881 | € 22,912 | ▲ 233% |
| Land & buildings | € 117,716 | € 101,651 | € 85,586 | € 75,353 | ▼ 12% |
| Retained profit | € 17,803 | € 22,076 | € -6,446 | € -8,110 | ▼ € 1,664 |
| Bank debt | € 80,986 | € 136,195 | € 129,195 | € 122,195 | ▼ 5% |
| Balance sheet total | € 204,675 | € 192,021 | € 148,393 | € 139,489 | ▼ 6% |
Key figures of NETELVUUR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to NETELVUUR?
What happened at NETELVUUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,664. Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 338 loss in 2022 to € 1,664 loss in 2025.
Paid € 438 in corporate taxes since 2022.
Best year ever: 2023, with € 4,273 profit.
Establishments
Establishment units
Physical locations of this company
Veldhoek(OW) 33
9931 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.241.186
- VAT number
- BE 0477.241.186
- Registered office
- Veldhoek(OW) 33, 9931 Lievegem
- Names & denominations
- NETELVUUR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2002
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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