Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NETEXPE from Genappe, company number BE0806476212, closed financial year 2025 with a result of € -62,321 after tax. For that financial year NETEXPE recorded a gross margin of € -34,306 and equity of € -209,465. Compared with financial year 2024, the result moved from € -40,741 to € -62,321. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ -209,465
▼ € 62,321 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,321
▼ 53 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,212
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -228,065.
People and assets in 2025
€ 757
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 352,682
▼ 7% vs 2024
€ 26,442 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 2,184
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,886
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,252 | € 22,346 | € -10,417 | € -34,306 | ▼ € 23,889 |
| Profit after taxes | € -2,476 | € -20,565 | € -40,741 | € -62,321 | ▼ € 21,580 |
| Equity | € -85,838 | € -106,402 | € -147,144 | € -209,465 | ▼ € 62,321 |
| Total debts | € 613,109 | € 597,498 | € 633,940 | € 727,914 | ▲ 15% |
| Cash | € 6,930 | - | - | € 6,212 | |
| Land & buildings | € 485,286 | € 471,731 | € 455,557 | € 439,925 | ▼ 3% |
| Retained profit | € -104,438 | € -125,002 | € -165,744 | € -228,065 | ▼ € 62,321 |
| Bank debt | € 446,966 | € 414,295 | € 379,576 | € 352,682 | ▼ 7% |
| Balance sheet total | € 527,272 | € 491,096 | € 486,796 | € 518,449 | ▲ 7% |
Key figures of NETEXPE, 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 NETEXPE?
What happened at NETEXPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 62,321. Source: NBB ↗
- New establishment in Genappe. KBO
- Martin PEETERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,476 loss in 2022 to € 62,321 loss in 2025.
Paid € 612 in corporate taxes since 2022.
A new publication or filing at NETEXPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind NETEXPE is Martin PEETERS. It owns 10.8% of Affinitic itself.
Directors
According to the 2025 annual accounts
Martin PEETERS
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Rue Fosty 107
1470 Genappe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.476.212
- VAT number
- BE 0806.476.212
- Registered office
- Rue Fosty 107, 1470 Genappe
- Names & denominations
- NETEXPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2008
- Peppol
- Active · Active since 16 Mar 2026
- Activities · NACE
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