ACTIVE

NET.M@N

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Financial year 2025 · closed on 31/12/2025

Net result

17,5 k €

+195.0% YoY

Gross margin

39,5 k €

+335.8% YoY

Equity

14,5 k €

+590.4% YoY

What does NET.M@N do?

NET.M@N is a Private limited company incorporated in 1974. Its main activity is: Computer programming activities. Its registered office is in Vilvoorde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.038.065

Incorporation

13/02/1974

Legal form

Private limited company

Registered office

Mechelsesteenweg 277
1800 Vilvoorde · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 70322Activities of head offices; management consultancy activities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 62020Computer consultancy activities+6

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	39,5 k €	+336%	-16,8 k €	-253%	11 k €	+150%	4,4 k €	+464%	-1,2 k €	-125%	4,9 k €	+390%	1 k €	+116%	-6,4 k €	-40.2%	-4,6 k €	-6.8%	-4,3 k €	+74.9%	-17 k €	-9.4%	-15,6 k €	-198%	-5,2 k €	-456%	-938,6 €	-101%	65,2 k €	+1106%	5,4 k €	-68.6%	17,2 k €	+29.1%	13,3 k €	+43.3%	9,3 k €	-8.9%	10,2 k €
EBITDA	38,5 k €	+314%	-18 k €	-276%	10,2 k €	+157%	4 k €	+347%	-1,6 k €	-142%	3,9 k €	+490%	654,1 €	+110%	-6,5 k €	-39.3%	-4,7 k €	-1.1%	-4,6 k €	+73.3%	-17,3 k €	-3.1%	-16,8 k €	-177%	-6,1 k €	-545%	-938,6 €	-101%	65,2 k €	+1106%	5,4 k €	-68.6%	17,2 k €	+29.1%	13,3 k €	+48.8%	9 k €	-12.3%	10,2 k €
Operating result	24,2 k €	+233%	-18,1 k €	-280%	10,1 k €	+160%	3,9 k €	+341%	-1,6 k €	-142%	3,9 k €	+490%	654,1 €	+110%	-6,5 k €	-35.6%	-4,8 k €	-1.1%	-4,8 k €	+72.7%	-17,4 k €	-3.1%	-16,9 k €	-173%	-6,2 k €	-559%	-938,6 €	-101%	65,2 k €	+1106%	5,4 k €	-68.6%	17,2 k €	+29.1%	13,3 k €	+104%	6,5 k €	-16.1%	7,8 k €
Net result	17,5 k €	+195%	-18,4 k €	-285%	10 k €	+191%	3,4 k €	+239%	-2,5 k €	-183%	3 k €	+537%	468,1 €	+107%	-7,2 k €	-9.2%	-6,6 k €	-26.8%	-5,2 k €	+70.5%	-17,5 k €	-2.5%	-17,1 k €	-169%	-6,4 k €	-581%	-934,3 €	-102%	40,9 k €	+3762%	-1,1 k €	-115%	7,5 k €	+62.4%	4,6 k €	+314%	-2,2 k €	-123%	9,5 k €
Balance sheet
Equity	14,5 k €	+590%	-3 k €	-119%	15,4 k €	+182%	5,5 k €	+167%	2,1 k €	-54.6%	4,5 k €	+194%	1,5 k €	+43.6%	1,1 k €	-87.0%	8,2 k €	-44.3%	14,8 k €	-25.9%	20 k €	-46.7%	37,5 k €	-31.3%	54,6 k €	-10.4%	60,9 k €	-1.5%	61,9 k €	+195%	21 k €	-5.1%	22,1 k €	+51.5%	14,6 k €	+46.5%	10 k €	-17.8%	12,1 k €
Total assets	171,5 k €	+3228%	5,2 k €	-71.9%	18,3 k €	+82.6%	10 k €	+3.1%	9,7 k €	-29.6%	13,8 k €	-4.7%	14,5 k €	+56.1%	9,3 k €	-11.1%	10,4 k €	-60.1%	26,1 k €	+24.8%	21 k €	-50.4%	42,3 k €	-29.8%	60,2 k €	-1.2%	60,9 k €	-25.8%	82,1 k €	-42.1%	141,8 k €	-0.8%	142,9 k €	+7.1%	133,4 k €	-1.4%	135,3 k €	-1.9%	138 k €
Cash	6,6 k €	+54.3%	4,3 k €	-72.0%	15,3 k €	+284%	4 k €	+261%	1,1 k €	-72.9%	4,1 k €	+31.4%	3,1 k €	+248%	891,5 €	+53602%	1,7 €	+822%	0,2 €	-88.3%	1,5 €	-98.3%	90,6 €	+924%	8,9 €	-99.4%	1,4 k €	-93.0%	20,6 k €	+38258%	53,7 €	-90.5%	567,7 €	+937%	54,8 €	+63.7%	33,5 €	-84.0%	209 €
Debts	157 k €	+1835%	8,1 k €	+183%	2,9 k €	-36.9%	4,5 k €	-40.7%	7,7 k €	-17.4%	9,3 k €	-28.3%	12,9 k €	+57.7%	8,2 k €	+273%	2,2 k €	-80.6%	11,3 k €	+1049%	987,9 €	-79.4%	4,8 k €	-15.0%	5,6 k €		–		20,3 k €	-83.2%	120,8 k €	+0.0%	120,8 k €	+1.7%	118,8 k €	-5.2%	125,4 k €	-0.4%	125,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Lieven BAERT

Director

Active

Ended mandates

LIEVEN BAERT

Manager · since 01 avril 2013

Ended

Hugo Van Haverbeke

Manager · since 15 mars 1974

Ended

Hugo VAN HAVERBEKE

Administrator - manager · since 15 mars 1974

Ended

HUGO VAN HAVERBEKE

Administrator - manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	31/07/2025	30/08/2024	31/07/2023	22/08/2022	26/08/2021
General meeting	16/05/2026	27/06/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/05/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	18/05/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	20/05/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	21/05/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	15/05/2021	26/08/2021	Dutch	PDF
Micro model	31/12/2019	16/05/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	19/05/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	31/01/2013	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	29/10/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	29/10/2010	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	25/09/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Lieven BAERT

Director

Active

Ended mandates

LIEVEN BAERT

Manager · since 01 avril 2013

Ended

Hugo Van Haverbeke

Manager · since 15 mars 1974

Ended

Hugo VAN HAVERBEKE

Administrator - manager · since 15 mars 1974

Ended

HUGO VAN HAVERBEKE

Administrator - manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Other27/05/2024
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Registered office11/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares05/07/2013
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates30/05/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/03/2005
MAATSCHAPPELIJKE ZETEL
PDF
Registered office05/12/2002
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202517,5 k €↑
2024
Annual accounts 2024-18,4 k €↓
2023
Annual accounts 202310 k €↑
2022
Annual accounts 20223,4 k €↑
2021
Annual accounts 2021-2,5 k €↓
2020
Annual accounts 20203 k €↑
2019
Annual accounts 2019468,1 €↑
2018
Annual accounts 2018-7,2 k €↓
2017
Annual accounts 2017-6,6 k €↓
2016
Annual accounts 2016-5,2 k €↑
2015
Annual accounts 2015-17,5 k €↓
2014
Annual accounts 2014-17,1 k €↓
2013
Annual accounts 2013-6,4 k €↓
2012
Annual accounts 2012-934,3 €↓
2011
Annual accounts 201140,9 k €↑
2010
Annual accounts 2010-1,1 k €↓
2009
Annual accounts 20097,5 k €↑
2008
Annual accounts 20084,6 k €↑
2007
Annual accounts 2007-2,2 k €↓
2006
Annual accounts 20069,5 k €
13/02/1974
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NET.M@N

Overview

What does NET.M@N do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline