ACTIVE

NETEX

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Financial year 2025 · closed on 31/12/2025

Net result

93,8 k €

-31.2% YoY

Gross margin

157,1 k €

-18.3% YoY

Equity

1,3 M €

+7.9% YoY

What does NETEX do?

NETEX is a Private limited company incorporated in 1981. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Hulshout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.612.577

Incorporation

22/04/1981

Legal form

Private limited company

Registered office

Grote Baan 142
2235 Hulshout · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

46423Wholesale of clothing and footwear· main 46423Wholesale of clothing and footwear 46496Wholesale of other household goods 46496Wholesale of other household goods 51421Air transport 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	157,1 k €	-18.3%	192,2 k €	+29.6%	148,3 k €	+7.3%	138,2 k €	+8.0%	128 k €	+12.7%	113,6 k €	-34.4%	173,2 k €	+25.6%	137,9 k €	+61.7%	85,3 k €	-44.7%	154,1 k €	+28.9%	119,6 k €	+82.5%	65,5 k €	-8.3%	71,5 k €	+41.2%	50,6 k €	-54.0%	110,1 k €	+7.8%	102,2 k €	-11.3%	115,2 k €	-1.3%	116,7 k €	+19.7%	97,6 k €
EBITDA	99 k €	-21.8%	126,5 k €	+18.8%	106,5 k €	+5.4%	101 k €	-4.1%	105,4 k €	+44.2%	73,1 k €	-36.4%	115 k €	+39.7%	82,3 k €	+175%	29,9 k €	-74.4%	117,1 k €	+35.6%	86,3 k €	+176%	31,3 k €	-14.5%	36,6 k €	+4818%	743,2 €	-98.3%	44,1 k €	+12.7%	39,2 k €	-25.5%	52,6 k €	-6.3%	56,1 k €	+94.5%	28,8 k €
Operating result	99 k €	-21.5%	126,1 k €	+19.4%	105,6 k €	+7.4%	98,4 k €	-4.6%	103,1 k €	+45.0%	71,1 k €	-34.6%	108,8 k €	+43.4%	75,9 k €	+201%	25,3 k €	-76.5%	107,3 k €	+41.3%	76 k €	+202%	25,1 k €	-15.5%	29,8 k €	+632%	-5,6 k €	-114%	41 k €	+36.7%	30 k €	-11.9%	34 k €	-5.9%	36,2 k €	+340%	8,2 k €
Net result	93,8 k €	-31.2%	136,4 k €	+64.7%	82,8 k €	+6.7%	77,6 k €	-8.0%	84,4 k €	+26.7%	66,6 k €	-23.4%	87 k €	+43.6%	60,6 k €	+238%	17,9 k €	-76.6%	76,7 k €	+23.0%	62,4 k €	+187%	21,7 k €	-14.1%	25,3 k €	+728%	-4 k €	-113%	32,1 k €	+40.2%	22,9 k €	-5.1%	24,1 k €	+19.1%	20,2 k €	+222%	6,3 k €
Balance sheet
Equity	1,3 M €	+7.9%	1,2 M €	+13.0%	1,1 M €	+8.6%	967,6 k €	+8.7%	890 k €	+10.5%	805,6 k €	+9.0%	739 k €	+11.4%	663,4 k €	+8.0%	614,3 k €	+3.0%	596,4 k €	+14.2%	522,1 k €	+8.8%	479,7 k €	+2.1%	469,9 k €	+5.7%	444,6 k €	-0.9%	448,7 k €	+7.7%	416,6 k €	+5.8%	393,7 k €	+6.5%	369,6 k €	+5.8%	349,4 k €
Total assets	1,4 M €	+7.6%	1,3 M €	+9.1%	1,2 M €	+8.3%	1,1 M €	+1.1%	1,1 M €	+2.8%	1 M €	+23.2%	850,9 k €	+9.8%	774,9 k €	+11.0%	698 k €	-1.0%	705,3 k €	+14.5%	615,9 k €	+11.5%	552,4 k €	-3.2%	570,5 k €	+5.5%	540,8 k €	-6.2%	576,4 k €	+2.8%	560,8 k €	+10.7%	506,7 k €	-7.3%	546,5 k €	+2.1%	535,2 k €
Cash	1,3 M €	+9.2%	1,1 M €	+1752%	61,9 k €	-93.4%	940,1 k €	+37.6%	683,3 k €	-12.6%	781,9 k €	+20.5%	649,1 k €	+33.2%	487,2 k €	+21.4%	401,3 k €	-5.6%	425,1 k €	+25.7%	338,2 k €	+54.3%	219,1 k €	+36.9%	160,1 k €	-6.5%	171,2 k €	+1.0%	169,5 k €	+22.9%	137,9 k €	+13.6%	121,4 k €	+82.3%	66,6 k €	+258%	18,6 k €
Debts	104,7 k €	+4.3%	100,4 k €	-22.1%	128,9 k €	+5.9%	121,7 k €	-35.1%	187,6 k €	-7.5%	202,8 k €	+81.3%	111,9 k €	+0.4%	111,5 k €	+33.1%	83,8 k €	-23.1%	108,9 k €	+16.1%	93,8 k €	+29.6%	72,4 k €	-28.0%	100,6 k €	+4.5%	96,2 k €	-24.7%	127,8 k €	-11.4%	144,2 k €	+27.6%	113 k €	-36.1%	176,8 k €	-4.8%	185,8 k €
Other
Workforce	–		–		1,0 ETP		–		–		–		1,6 ETP	+6.7%	1,5 ETP		–		–		0,8 ETP	-20.0%	1,0 ETP	-23.1%	1,3 ETP	-7.1%	1,4 ETP	-22.2%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	-5.3%	1,9 ETP	-13.6%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

PETER VERHAEGEN

Manager · since 01 janvier 2001

Active

Ended mandates

PETER VERHAEGEN

Manager

Ended

PETER VERHAGEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Abridged model	Abridged 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	21/08/2026	31/08/2025	28/08/2024	30/08/2023	22/08/2022	20/04/2022
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	21/08/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	22/08/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	07/06/2021	20/04/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	08/11/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	13/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/07/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/07/2011	23/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/07/2010	20/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	16/10/2009	Dutch	PDF
Abridged model	31/12/2007	04/08/2008	07/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 2 ended

Active mandates

PETER VERHAEGEN

Manager · since 01 janvier 2001

Active

Ended mandates

PETER VERHAEGEN

Manager

Ended

PETER VERHAGEN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/03/2018
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 202593,8 k €↓
2024
Annual accounts 2024136,4 k €↑
2023
Annual accounts 202382,8 k €↑
2022
Annual accounts 202277,6 k €↓
2021
Annual accounts 202184,4 k €↑
2020
Annual accounts 202066,6 k €↓
2019
Annual accounts 201987 k €↑
2018
Annual accounts 201860,6 k €↑
2017
Annual accounts 201717,9 k €↓
2016
Annual accounts 201676,7 k €↑
2015
Annual accounts 201562,4 k €↑
2014
Annual accounts 201421,7 k €↓
2013
Annual accounts 201325,3 k €↑
2012
Annual accounts 2012-4 k €↓
2011
Annual accounts 201132,1 k €↑
2010
Annual accounts 201022,9 k €↓
2009
Annual accounts 200924,1 k €↑
2008
Annual accounts 200820,2 k €↑
2007
Annual accounts 20076,3 k €
22/04/1981
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

NETEX

Overview

What does NETEX do?

Trend over 19 financial years

Indicative valuation

Board of directors

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