ACTIVE

NetTrade

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Financial year 2025 · closed on 31/12/2025

Net result

-61,9 k €

-208.9% YoY

Gross margin

147,2 k €

-38.5% YoY

Equity

-49,5 k €

-499.2% YoY

Workforce

5,8 ETP

+7.4% YoY

What does NetTrade do?

NetTrade is a Private limited company incorporated in 2011. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Ath. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0837.362.792

Incorporation

28/06/2011

Legal form

Private limited company

Registered office

Rue du Parc Industriel(GHI) 32
7822 Ath · WallonieSee on map

Contributed capital

12 500,00 €

Latest accounts

31/12/2025

Average workforce

5,8 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47910Retail sale via mail order houses or via Internet

Joint committees (1)

Signals

Healthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	147,2 k €	-38.5%	239,4 k €	-2.5%	245,5 k €	-34.2%	373,2 k €	-20.0%	466,5 k €	-29.7%	663,5 k €	+55.1%	427,8 k €	+17.2%	365 k €	+193%	124,7 k €	+15.6%	107,9 k €	+2.4%	105,4 k €	+102%	52,3 k €	+1765%	2,8 k €	+186%	-3,3 k €
EBITDA	-61,3 k €	-265%	37,1 k €	-15.2%	43,8 k €	-62.4%	116,3 k €	-45.8%	214,5 k €	-50.7%	435 k €	+57.6%	276 k €	+6.7%	258,6 k €	+138%	108,6 k €	+1.0%	107,5 k €	+2.4%	105 k €	+102%	51,8 k €	+2121%	2,3 k €	+157%	-4,1 k €
Operating result	-77,8 k €	-822%	10,8 k €	-35.7%	16,8 k €	-75.0%	67 k €	-58.6%	162,1 k €	-58.1%	387,1 k €	+61.7%	239,4 k €	+2.8%	232,9 k €	+154%	91,8 k €	-14.7%	107,5 k €	+2.4%	105 k €	+102%	51,8 k €	+2121%	2,3 k €	+157%	-4,1 k €
Net result	-61,9 k €	-209%	-20 k €	-14.7%	-17,5 k €	-944%	2,1 k €	-96.4%	57,6 k €	-74.3%	224,2 k €	+94.7%	115,2 k €	-7.7%	124,8 k €	+796%	13,9 k €	-57.1%	32,5 k €	-25.1%	43,3 k €	+77.1%	24,5 k €	+1379%	1,7 k €	+139%	-4,3 k €
Balance sheet
Equity	-49,5 k €	-499%	12,4 k €	-61.8%	32,4 k €	-35.0%	49,9 k €	-13.0%	57,3 k €	-46.8%	107,7 k €	0.0%	107,7 k €	-56.7%	248,9 k €	+101%	124,1 k €	+12.6%	110,2 k €	+41.8%	77,7 k €	+126%	34,3 k €	+248%	9,9 k €	+20.2%	8,2 k €
Total assets	296,7 k €	-25.2%	396,5 k €	-13.8%	460,1 k €	+2.2%	450,1 k €	-40.2%	753,1 k €	-24.0%	991,1 k €	+24.0%	799,5 k €	+98.8%	402,1 k €	+29.7%	310,1 k €	+46.0%	212,4 k €	+22.1%	174 k €	+129%	76 k €	+250%	21,7 k €	+136%	9,2 k €
Cash	28,1 k €	-78.5%	131,1 k €	-33.1%	195,9 k €	+23.3%	158,8 k €	+10.1%	144,3 k €	-81.1%	765,3 k €	+27.2%	601,8 k €	+315%	144,9 k €	-19.3%	179,5 k €	+0.3%	179 k €	+13.4%	157,8 k €	+132%	68 k €	+423%	13 k €	+44.7%	9 k €
Debts	337,2 k €	-10.3%	375,8 k €	-7.0%	404,2 k €	+11.8%	361,3 k €	-43.3%	637,8 k €	-21.1%	808,7 k €	+21.9%	663,3 k €	+333%	153,2 k €	-17.6%	186 k €	+81.8%	102,3 k €	+6.2%	96,3 k €	+144%	39,5 k €	+234%	11,9 k €	+1084%	1 k €
Other
Workforce	5,8 ETP	+7.4%	5,4 ETP	+3.8%	5,2 ETP	-17.5%	6,3 ETP	0.0%	6,3 ETP	-10.0%	7,0 ETP	+59.1%	4,4 ETP	+22.2%	3,6 ETP	+414%	0,7 ETP		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Active

ECOPARTS SAS S. Etr.

Director · since 26 novembre 2024 · 1016.242.373

Represented by Olivier Guyon de Montlivault

Active

Ended mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Ended

ECOPARTS S. Etr.

Director · since 26 novembre 2024 · 1016.242.373

Represented by Olivier Guyon De Montlivault

Ended

BRAINCODE

Director · since 24 septembre 2020 · 0886.355.019

Represented by Stijn Fonck

Ended

IRIS SAS S. Etr.

Director · since 24 septembre 2020 · until 26 novembre 2024

Represented by François-Xavier Desgrippes

Ended

At this address

Other companies at this address

Company	CBE no.
VEDELEC● Active	0424.591.071

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	30/06/2026	18/06/2025	21/06/2024	23/06/2023	08/07/2022	25/06/2021
General meeting	30/05/2026	02/06/2025	31/05/2024	25/05/2023	30/06/2022	24/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	21/06/2024	French	PDF
Abridged model	31/12/2022	25/05/2023	23/06/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	08/07/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	16/07/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	30/10/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	26/09/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	24/08/2013	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 · 2 active · 15 ended

Active mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Active

ECOPARTS SAS S. Etr.

Director · since 26 novembre 2024 · 1016.242.373

Represented by Olivier Guyon de Montlivault

Active

Ended mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Ended

ECOPARTS S. Etr.

Director · since 26 novembre 2024 · 1016.242.373

Represented by Olivier Guyon De Montlivault

Ended

BRAINCODE

Director · since 24 septembre 2020 · 0886.355.019

Represented by Stijn Fonck

Ended

IRIS SAS S. Etr.

Director · since 24 septembre 2020 · until 26 novembre 2024

Represented by François-Xavier Desgrippes

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/09/2026
CHANGEMENT DE REPRESENTANT PERMANENT D'UN ADMINISTRATEUR
PDF
Mandates08/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/12/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates08/11/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/07/2023
CAPITAL, ACTIONS
PDF
Other17/11/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office28/10/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/06/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
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 2025-61,9 k €↓
2024
Annual accounts 2024-20 k €↓
2023
Annual accounts 2023-17,5 k €↓
2022
Annual accounts 20222,1 k €↓
2021
Annual accounts 202157,6 k €↓
2020
Annual accounts 2020224,2 k €↑
2019
Annual accounts 2019115,2 k €↓
2018
Annual accounts 2018124,8 k €↑
2017
Annual accounts 201713,9 k €↓
2016
Annual accounts 201632,5 k €↓
2015
Annual accounts 201543,3 k €↑
2014
Annual accounts 201424,5 k €↑
2013
Annual accounts 20131,7 k €↑
2012
Annual accounts 2012-4,3 k €
28/06/2011
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

NetTrade

Overview

What does NetTrade do?

Trend over 14 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