N.E.A.
ActiveSummary
N.E.A. has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,880 and a net result of €7,713. Its solvency ranks better than 44% of 15,790 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-08-2025 Normal situation
- Activity
- Activities of lawyers NACE 69101and 1 other
- Establishment unit
- 2.376.722.803 2020 Antwerp, since 08-08-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 13-08-2025
Board and ownership
- ELABRNawalDirector · until 2026
- EL ABR Nawal100 sharesdeed of 12-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €9,970
- Turnover
- ≈ €58,000
- estimated
- Profit
- €7,713
- Equity
- €8,880
- Total assets
- €17,262
Score breakdownraises riskFounded in 2025lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.97, cash €16,490Figures for financial year 2025 (filed on 31-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 48% of them on solvency, 65% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €843 |
| Depreciation and write-downs of the year | €70 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70 |
| Other operating charges640/8 | €50 |
| Gross operating margin9900 | €9,970 |
| Operating profit (loss)9901 | €9,850 |
| Financial charges65/66B | €14 |
| Recurring financial charges65 | €14 |
| Profit (loss) for the period before taxes9903 | €9,837 |
| Income taxes67/77 | €2,124 |
| Profit (loss) for the period9904 | €7,713 |
| Profit (loss) for the period to be appropriated9905 | €7,713 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €17,262 | |
| Fixed assets21/28 | €773 | |
| Tangible fixed assets22/27 | €773 | |
| Plant, machinery and equipment23 | €773 | |
| Current assets29/58 | €16,490 | |
| Cash at bank and in hand54/58 | €16,490 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €17,262 | |
| Equity10/15 | €8,880 | |
| Contributions10/11 | €2,000 | |
| Reserves13 | €6,880 | |
| Distributable reserves133 | €6,880 | |
| Amounts payable17/49 | €8,383 | |
| Amounts payable within one year42/48 | €8,383 | |
| Trade debts44 | €768 | |
| Suppliers440/4 | €768 | |
| Taxes, remuneration and social security45 | €6,708 | |
| Taxes450/3 | €6,708 | |
| Other amounts payable47/48 | €907 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €7,713 |
| + Depreciation and write-downs630 | €70 |
| Operating cash flow (approximation) | €7,783 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as N.E.A. has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of N.E.A. itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for N.E.A.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00363872 |
Board & ownership
Directors
Owners and capital
Shareholders
- EL ABR Nawal 100 shares (100%) · €2,000 in cash
Capital transactions
- 29-05-2026 Capital stated in the deed · 100 shares
- 12-08-2025 Incorporation · €2,000 · 100 shares
Mandate history
- Other function
| Name | Functions and periods |
|---|---|
| ELABRNawal |
|
Articles of association
Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointlydeed of 12-08-2025 (in Dutch)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 directordeed of 29-05-2026 (in Dutch)
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
deed of 12-08-2025 (in Dutch)
Network & group
Connections & network
See the function holders in the KBO register.
Timeline
Deeds, filings and financial milestones
29-05
Gazette deed
Change of role: ELABR Nawal, from director to sole statutory director“HetuitoefenenvanhetberoepvanadvocaatdoorpersoneningeschrevenophettableauvandeOrdevanAdvocatenteBelgië,opdelijs…” (deed in Dutch)6 points ▸
- General meeting, 19-05-2026
- Director resignation, ELABR Nawal (director (not named in the articles))
- Director appointment, ELABR Nawal (sole statutory director)
- Amendment of the articles, article 14
- 100 shares
- Power of attorney, StijnRAES
- The deed holds 3 more points.
12-08
Gazette deed
IncorporationFounding capital of €2,000, 100 shares · Capital of €2,000, 100 shares2 points ▸
- Founding capital, €2,000, 100 shares
- Capital, €2,000, 100 shares
- The deed holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20258 activities
- HetuitoefenenvanhetberoepvanadvocaatdoorpersoneningeschrevenophettableauvandeOrdevanAdvocatenteBelgië,opdelijstvandestagiairs,opdeEU-lijstofopdeB-lijst(lijstledenbuitenlandsebalies,nietEU)voorzovervantoepassing,hetzijalleen,hetzijmetanderenmetwiezijzichmagassociërenovereenkomstigdebepalingenvandeCodexDeontologievoorAdvocatenendeeigenreglementenvandeOrdevanAdvocatenteBelgië,enalleandereactiviteitendieverenigbaarzijnmethetberoepvanadvocaat,voorzovertoegelaatdoordedeontologischebeginselen,deCodexDeontologievoorAdvocatenendereglementenvandeOrdesvanAdvocatenwaarvandebestuurder(s)endeaandeelhouder(s)deeluitmaken
- Deelnemeninassociatiesofvennootschappendiehetzelfdevoorwerpnastreven
- Alleroerende,onroerendeoffinanciëlehandelingenverrichten,hetzijalleen,hetzijmetanderen,rechtstreeksofonrechtstreeks,voorhaarrekeningofvoorrekeningvanderden,dierechtstreeksofonrechtstreeksinverbandstaanmethaarvoorwerpof diekunnenbijdragentotdeontwikkelingervan
- HaargeldmiddelenbeleggeninroerendeofonroerendeGoederen,metuitsluitingvaniedereactiviteitdieonverenigbaarismethetberoepvanadvocaat
- Advocatenberoep
- Deelnemingen
- Verrichtingenvoorwerp
- Geldbelegging
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11809I2412/00M020 | Flanders | 177 m² | 1 · 78 m² | 12.5 m · 3 |