ACTIVE

NETBEL

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Financial year 2025 · closed on 31/12/2025

Net result

63,5 k €

-22.7% YoY

Gross margin

-7,5 k €

-129.6% YoY

Equity

-7,3 k €

+89.6% YoY

What does NETBEL do?

NETBEL is a Public limited company incorporated in 1999. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.248.712

Incorporation

15/06/1999

Legal form

Public limited company

Registered office

Avenue Winston Churchill 214
1180 Uccle · BruxellesSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

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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	-7,5 k €	-130%	-3,3 k €	-117%	18,6 k €	+5.6%	17,6 k €	+10.9%	15,9 k €	+291%	-8,3 k €	-5.9%	-7,9 k €	-80.8%	-4,3 k €	+17.9%	-5,3 k €	-496%	-889 €	+60.5%	-2,3 k €	-127%	-991,3 €	+90.5%	-10,4 k €	-200%	10,4 k €	+382%	-3,7 k €	-104%	96,6 k €	+720%	-15,6 k €	-121%	-7,1 k €	-140%	17,9 k €	+2212%	-845 €
EBITDA	-8,5 k €	-101%	-4,2 k €	-124%	17,7 k €	+5.4%	16,8 k €	+11.5%	15 k €	+263%	-9,2 k €	-5.3%	-8,7 k €	-85.9%	-4,7 k €	+16.8%	-5,6 k €	-357%	-1,2 k €	+54.0%	-2,7 k €	-19.4%	-2,3 k €	+79.2%	-10,8 k €	-212%	9,6 k €	+335%	-4,1 k €	-104%	96,1 k €	+692%	-16,2 k €	-113%	-7,6 k €	-144%	17,3 k €	+1362%	-1,4 k €
Operating result	-8,5 k €	-97.6%	-4,3 k €	-125%	17,3 k €	+5.5%	16,4 k €	+11.3%	14,7 k €	+260%	-9,2 k €	-5.3%	-8,7 k €	-85.9%	-4,7 k €	+16.8%	-5,6 k €	-357%	-1,2 k €	+54.0%	-2,7 k €	-19.4%	-2,3 k €	+79.2%	-10,8 k €	-215%	9,4 k €	+301%	-4,7 k €	-106%	83,3 k €	+381%	-29,7 k €	-39.0%	-21,4 k €	-1749%	1,3 k €	+107%	-19,1 k €
Net result	63,5 k €	-22.7%	82,2 k €	-48.7%	160,2 k €	+25.7%	127,4 k €	-12.4%	145,6 k €	-1.5%	147,7 k €	+44.6%	102,2 k €	+18.1%	86,5 k €	-9.7%	95,8 k €	+81.4%	52,8 k €	+2064%	-2,7 k €	-15.5%	-2,3 k €	+78.5%	-10,9 k €	-217%	9,3 k €	+294%	-4,8 k €	-109%	53,2 k €	+278%	-29,8 k €	-39.6%	-21,4 k €	-1982%	1,1 k €	+106%	-20,5 k €
Balance sheet
Equity	-7,3 k €	+89.6%	-70,9 k €	+53.7%	-153,1 k €	+51.1%	-313,4 k €	+28.9%	-440,8 k €	+24.8%	-586,3 k €	+20.1%	-734,1 k €	+12.2%	-836,2 k €	+9.4%	-922,8 k €	+9.4%	-1 M €	+4.9%	-1,1 M €	-0.3%	-1,1 M €	-0.2%	-1,1 M €	-1.0%	-1,1 M €	+0.9%	-1,1 M €	-0.5%	-1,1 M €	+4.8%	-1,1 M €	-2.8%	-1,1 M €	-2.0%	-1,1 M €	+0.1%	-1,1 M €
Total assets	1,3 M €	+4.1%	1,3 M €	+2.2%	1,3 M €	+19.4%	1 M €	-29.6%	1,5 M €	-23.4%	1,9 M €	-7.7%	2,1 M €	+139%	882,3 k €	-32.2%	1,3 M €	+134%	555,1 k €	+227705%	243,7 €	-2.6%	250,1 €	-69.7%	825,3 €	-66.6%	2,5 k €	-49.3%	4,9 k €	-37.5%	7,8 k €	-90.8%	85 k €	-14.9%	99,8 k €	-12.7%	114,4 k €	-13.1%	131,6 k €
Cash	8,2 k €	+320%	1,9 k €	+239%	574,1 €	-99.6%	153,5 k €	+3716%	4 k €	-99.2%	510,3 k €	+1007%	46,1 k €	+249%	13,2 k €	-96.5%	372,9 k €	+34165%	1,1 k €	+347%	243,7 €	-2.6%	250,1 €		–		1,3 k €	+157%	500,2 €		–		416 €		–		782 €		–
Debts	1,3 M €	-0.8%	1,4 M €	-3.9%	1,4 M €	+3.2%	1,4 M €	-29.5%	1,9 M €	-22.6%	2,5 M €	-12.2%	2,8 M €	+65.4%	1,7 M €	-22.7%	2,2 M €	+41.3%	1,6 M €	+46.9%	1,1 M €	+0.3%	1,1 M €	+0.2%	1,1 M €	+0.9%	1,1 M €	-1.1%	1,1 M €	+0.2%	1,1 M €	-10.9%	1,2 M €	+1.3%	1,2 M €	+0.6%	1,2 M €	-1.5%	1,2 M €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

Mykerinos

Managing director · since 26 mai 2025

Represented by Henri Reiter

Active

Ended mandates

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 09 juin 2015 · until 30 juin 2021

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 09 juin 2015

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 28 novembre 2002 · until 31 décembre 2008

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 28 novembre 2002 · until 09 juin 2009

Ended

At this address

Other companies at this address

Company	CBE no.
EUSCORP SOLUTIONS● Active	0699.934.479
MONGREL BROTHERS ENTERTAINMENT● Active	0826.535.317
SCIERIE DE LA LESSE● Active	0847.349.141
Vincent Doumier● Active	0502.670.529

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	13/07/2026	01/08/2025	27/08/2024	29/08/2023	31/08/2022	31/08/2021
General meeting	09/06/2026	10/06/2025	26/08/2024	17/08/2023	31/08/2022	31/08/2021
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	09/06/2026	13/07/2026	French	PDF
Micro model	31/12/2024	10/06/2025	01/08/2025	French	PDF
Micro model	31/12/2023	26/08/2024	27/08/2024	French	PDF
Micro model	31/12/2022	17/08/2023	29/08/2023	French	PDF
Micro model	31/12/2021	31/08/2022	31/08/2022	French	PDF
Micro model	31/12/2020	31/08/2021	31/08/2021	French	PDF
Micro model	31/12/2019	09/06/2020	24/07/2020	French	PDF
Micro model	31/12/2018	11/06/2019	22/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	26/09/2018	French	PDF
Micro model	31/12/2016	13/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	10/08/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	19/06/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	11/06/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	08/08/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	16/08/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	02/08/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 10 ended

Active mandates

Mykerinos

Managing director · since 26 mai 2025

Represented by Henri Reiter

Active

Ended mandates

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 09 juin 2015 · until 30 juin 2021

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 09 juin 2015

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 28 novembre 2002 · until 31 décembre 2008

Ended

Jean-Charles Ullens de Schooten Whetnall

Managing director · since 28 novembre 2002 · until 09 juin 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2015
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2008
DEMISSIONS, NOMINATIONS
PDF
Registered office24/11/2005
SIEGE SOCIAL
PDF
Capital / shares20/04/2004
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/01/2003
DEMISSIONS, NOMINATIONS
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 202563,5 k €↓
2024
Annual accounts 202482,2 k €↓
2023
Annual accounts 2023160,2 k €↑
2022
Annual accounts 2022127,4 k €↓
2021
Annual accounts 2021145,6 k €↓
2020
Annual accounts 2020147,7 k €↑
2019
Annual accounts 2019102,2 k €↑
2018
Annual accounts 201886,5 k €↓
2017
Annual accounts 201795,8 k €↑
2016
Annual accounts 201652,8 k €↑
2015
Annual accounts 2015-2,7 k €↓
2014
Annual accounts 2014-2,3 k €↑
2013
Annual accounts 2013-10,9 k €↓
2012
Annual accounts 20129,3 k €↑
2011
Annual accounts 2011-4,8 k €↓
2010
Annual accounts 201053,2 k €↑
2009
Annual accounts 2009-29,8 k €↓
2008
Annual accounts 2008-21,4 k €↓
2007
Annual accounts 20071,1 k €↑
2006
Annual accounts 2006-20,5 k €
15/06/1999
IncorporationPublic 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

NETBEL

Overview

What does NETBEL do?

Trend over 20 financial years

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