LE NEUTRE

Active

Private limited companyfounded 199036 yrs activeAntwerpselaan 46, 1000 Brussel, BelgiumKBO/BCE: BE 0439.692.783

LE NEUTRE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 1287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2025

38 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability48▼-23

Solvency23▲+5

Growth78=

Track record100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.74 against 0.73 in 2024; short-term debt: 101.1% and cash: 1.8% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-2.1%

Return on assets

5.7%

Age of the figures

9 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

8 d early

2024

45 d early

2023

14 d early

2022

35 d early

2021

30 d late

2020

6 d late

2019

7 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-2k▲ 73.5%

2024 · €-9k

2018: €-31k 2019: €-43k 2020: €-30k 2021: €-76 2022: €14k 2023: €-20k 2024: €-9k

2018 → 2025

Total assets

€117k▼ 7.2%

2024 · €126k

2018: €172k 2019: €147k 2020: €124k 2021: €132k 2022: €131k 2023: €119k 2024: €126k

2018 → 2025

Net result

€7k▼ 39.0%

2024 · €11k

2018: €-27k 2019: €-12k 2020: €13k 2021: €30k 2022: €14k 2023: €-34k 2024: €11k

2018 → 2025

Working capital

€-31k▲ 17.3%

2024 · €-37k

2018: €-50k 2019: €-71k 2020: €-50k 2021: €-8k 2022: €-4k 2023: €-33k 2024: €-37k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-76-€14k€-20k€-9k▲ 54.6%€-2k▲ 73.5%

Operating result€29k-€12k▼ 60.1%€-35k€9k€9k▼ 2.9%

Net result€30k-€14k▼ 54.2%€-34k€11k€7k▼ 39.0%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 3% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €117k

25.1%

74.9%

Fixed assets €29k▲ 5.2%

Current assets €88k▼ 10.7%

Key figures and ratios

2025 value · change against 2024

EBITDA

€17k▲

2024 · €15k

Cash flow

€14k▼

2024 · €16k

Solvency

-2.1%▲

2024 · -7.2%

Current ratio

0.74▲

2024 · 0.73

Quick ratio

0.72▲

2024 · 0.70

Debt / equity

-49.55▼

2024 · -14.88

ROA

5.7%▼

2024 · 8.7%

Interest coverage

2.62▼

2024 · 4.99

Debt

€119k▼

2024 · €135k

Debt ≤ 1 year

€118k▼

2024 · €135k

Staff costs

€117k▲

2024 · €53k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€126k€117k▼

Fixed assets21/28€28k€29k▲

Tangible fixed assets22/27€25k€27k▲

Plant, machinery and equipment23€264€0▼

Other tangible fixed assets26€25k€27k▲

Financial fixed assets28€3k€3k=

Current assets29/58€98k€88k▼

Stocks and contracts in progress3€3k€2k▼

Stocks30/36€3k€2k▼

Amounts receivable within one year40/41€94k€83k▼

Trade receivables40€69€1k▲

Other amounts receivable41€94k€82k▼

Cash at bank and in hand54/58€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€126k€117k▼

Equity10/15€-9k€-2k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-28k€-21k▲

Amounts payable17/49€135k€119k▼

Amounts payable within one year42/48€135k€118k▼

Financial debts43€10k€10k▼

Credit institutions430/8€10k€10k▼

Trade debts44€70k€19k▼

Suppliers440/4€70k€19k▼

Taxes, remuneration and social security45€55k€90k▲

Taxes450/3€22k€21k▼

Remuneration and social security454/9€33k€69k▲

Accrued charges and deferred income492/3-€1k

Income statement Code20242025

Remuneration, social security and pensions62€53k€117k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲

Other operating charges640/8€14k€66▼

Gross operating margin9900€82k€133k▲

Operating profit (loss)9901€9k€9k▼

Financial income75/76B€5k€4k▼

Recurring financial income75€5k€4k▼

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€11k€7k▼

Profit (loss) for the period9904€11k€7k▼

Profit (loss) for the period to be appropriated9905€11k€7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-28k€-21k▲

Profit (loss) brought forward from the previous period14P€-39k€-28k▲

Transfer from equity791/2€0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €11k

Net result €11k after one loss-making year.

17-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-34k ▼346%

Net result drops to €-34k, the lowest in the series; recovery starts the following year.

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Highest result since 2018net €30k ▲137%

Operating result €29k, net result €30k, both a record.

06-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 6 days late

2020

31-12

Financial Back to profitnet €13k

Net result €13k after 2 loss-making years.

07-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 7 days late

2019

01-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 1 day late

2018

03-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 3 days late

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Brussel · 3 establishment units since 1990

establishment All 3 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Antwerpselaan 461000 Brussel

Ground area

275 m²

Building footprint

275 m²

Volume, LiDAR

4,229 m³