NETO is a hospitality business in Gent. Private Limited, started on 3 August 2017, 1 establishment.

What is the address of NETO?

The registered office of NETO is located at Emanuel Hielstraat 20, 9050 Gent.

Is NETO still active?

Yes. According to the CBE (31 October 2026) NETO is active, legal situation “Normale toestand”, started on 3 August 2017.

Is NETO registered on Peppol?

Yes, NETO is registered on the Peppol network with ID 0208:0679533993.

What is the enterprise number of NETO?

The enterprise number of NETO is BE0679533993.

When was NETO founded?

NETO was founded on 3 August 2017.

Who are the directors of NETO?

According to the 2025 annual accounts, the directors of NETO are: Hristo Mitkov.

Is NETO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 August 2017; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NETO make in 2025?

NETO recorded a loss after taxes of € 75,126 in financial year 2025.

What is the revenue of NETO?

As a small company, NETO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -29,964.

NETO (Private Limited) - Gent - BE0679533993

Dossier NETO, printed on 31 October 2026 from databakkes.be/en/0679533993/neto. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NETO from Gent, company number BE0679533993, closed financial year 2025 with a result of € -75,126 after tax. For that financial year NETO recorded a gross margin of € -29,964 and equity of € 53,388. Compared with financial year 2024, the result moved from € 20,049 to € -75,126. The company made a loss. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.

What it is worth Shrank hard

€ 53,388

▼ 58% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -75,126

▼ still € 20,049 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,196

▼ 55% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 34,788.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 687 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 687

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 22,491

▼ 63% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 14,524

▼ 30% vs 2024

€ 5,137 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 8,864

▼ 75% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 33,932 Gross margin 2022: € 33,932 First fiscal year in the series	€ 88,277 Gross margin 2023: € 88,277 ▲ 160% vs 2022 (€ 33,932) Favourable step	€ 61,325 Gross margin 2024: € 61,325 ▼ 31% vs 2023 (€ 88,277) Unfavourable step	€ -29,964 Gross margin 2025: € -29,964 ▼ € 91,290 vs 2024 (€ 61,325) Unfavourable step	▼ € 91,290
Profit after taxes	€ 614 Profit after taxes 2022: € 614 First fiscal year in the series	€ 30,100 Profit after taxes 2023: € 30,100 ▲ € 29,486 vs 2022 (€ 614) Favourable step	€ 20,049 Profit after taxes 2024: € 20,049 ▼ 33% vs 2023 (€ 30,100) Unfavourable step	€ -75,126 Profit after taxes 2025: € -75,126 ▼ € 95,175 vs 2024 (€ 20,049) Unfavourable step	▼ € 95,175
Equity	€ 156,216 Equity 2022: € 156,216 First fiscal year in the series	€ 186,316 Equity 2023: € 186,316 ▲ 19% vs 2022 (€ 156,216) Favourable step	€ 128,514 Equity 2024: € 128,514 ▼ 31% vs 2023 (€ 186,316) Unfavourable step	€ 53,388 Equity 2025: € 53,388 ▼ 58% vs 2024 (€ 128,514) Unfavourable step	▼ 58%
Total debts	€ 64,421 Total debts 2022: € 64,421 First fiscal year in the series	€ 86,896 Total debts 2023: € 86,896 ▲ 35% vs 2022 (€ 64,421) Unfavourable step	€ 56,288 Total debts 2024: € 56,288 ▼ 35% vs 2023 (€ 86,896) Favourable step	€ 34,585 Total debts 2025: € 34,585 ▼ 39% vs 2024 (€ 56,288) Favourable step	▼ 39%
Cash	€ 28,599 Cash 2022: € 28,599 First fiscal year in the series	€ 18,079 Cash 2023: € 18,079 ▼ 37% vs 2022 (€ 28,599) Unfavourable step	€ 2,660 Cash 2024: € 2,660 ▼ 85% vs 2023 (€ 18,079) Unfavourable step	€ 1,196 Cash 2025: € 1,196 ▼ 55% vs 2024 (€ 2,660) Unfavourable step	▼ 55%
Retained profit	€ 139,766 Retained profit 2022: € 139,766 First fiscal year in the series	€ 169,866 Retained profit 2023: € 169,866 ▲ 22% vs 2022 (€ 139,766) Favourable step	€ 109,914 Retained profit 2024: € 109,914 ▼ 35% vs 2023 (€ 169,866) Unfavourable step	€ 34,788 Retained profit 2025: € 34,788 ▼ 68% vs 2024 (€ 109,914) Unfavourable step	▼ 68%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 80,000 Dividend 2024: € 80,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 80,000) Unchanged	▼ 100%
Bank debt	€ 46,636 Bank debt 2022: € 46,636 First fiscal year in the series	€ 29,870 Bank debt 2023: € 29,870 ▼ 36% vs 2022 (€ 46,636) Favourable step	€ 20,711 Bank debt 2024: € 20,711 ▼ 31% vs 2023 (€ 29,870) Favourable step	€ 14,524 Bank debt 2025: € 14,524 ▼ 30% vs 2024 (€ 20,711) Favourable step	▼ 30%
Balance sheet total	€ 220,636 Balance sheet total 2022: € 220,636 First fiscal year in the series	€ 273,212 Balance sheet total 2023: € 273,212 ▲ 24% vs 2022 (€ 220,636) Unchanged	€ 184,802 Balance sheet total 2024: € 184,802 ▼ 32% vs 2023 (€ 273,212) Unchanged	€ 87,973 Balance sheet total 2025: € 87,973 ▼ 52% vs 2024 (€ 184,802) Unchanged	▼ 52%

Key figures of NETO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to NETO?

What happened at NETO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 2, 2026 New annual accounts for financial year 2025: loss of € 75,126 (▼ € 95,175 vs 2024). filed late Source: NBB ↗
Aug 3, 2017 New establishment in Gent. KBO
Aug 3, 2017 Start of the company according to the CBE. KBO

In short

From € 614 profit in 2022 to € 75,126 loss in 2025.

Paid € 13,791 in corporate taxes since 2022.

Best year ever: 2023, with € 30,100 profit.

Paid out € 80,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Hristo Mitkov

NETO

Behind NETO is Hristo Mitkov.

Directors

According to the 2025 annual accounts

Hristo Mitkov

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Emanuel Hielstraat 20

9050 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0679.533.993

VAT number

BE 0679.533.993

Registered office

Emanuel Hielstraat 20, 9050 Gent

Names & denominations

NETO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 August 2017

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Overige reiniging van gebouwen; industriële reiniging

View on CBE Public ↗ Annual accounts (NBB) ↗

NETO

Warning lights

Financials

What happened to NETO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions