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N.E.P.

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 198639 yrs activeRue d'Otreppe, Bierw. 28, 5380 Fernelmont, BelgiumKBO/BCE: BE 0429.989.617
Summary

N.E.P. has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€27,763) and a net result of -€1,980. Equity is shrinking by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · 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 2024
Age of the figures
Age of the figures
21 mo
lowers risk · 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
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€27,763
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
66 d early
2023
68 d early
2022
41 d early
2021
23 d early
2020
12 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 26 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

N.E.P. was incorporated on 4 December 1986.1 Total assets fell from EUR 15,175 in 2018 to EUR 2,469 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€27,763▼ 7.7%
2023 · -€25,783
Total assets
€2,469▼ 21.2%
2023 · €3,134
Net result
-€1,980▲ 72.4%
2023 · -€7,179
Working capital
-€27,763▼ 7.7%
2023 · -€25,783
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€4,496▼ 463%-€1,223▲ 72.8%-€1,288▼ 5.3%-€6,748▼ 424%-€1,567▲ 76.8%
Net result-€4,925below the sector's middle half▼ 267%-€1,832within the sector's middle half▲ 62.8%-€1,739within the sector's middle half▲ 5.1%-€7,179below the sector's middle half▼ 313%-€1,980within the sector's middle half▲ 72.4%
Equity-€15,033below the sector's middle half▼ 48.7%-€16,865below the sector's middle half▼ 12.2%-€18,604below the sector's middle half▼ 10.3%-€25,783below the sector's middle half▼ 38.6%-€27,763below the sector's middle half▼ 7.7%
Total assets€10,420below the sector's middle half▼ 12.9%€9,757below the sector's middle half▼ 6.4%€9,383below the sector's middle half▼ 3.8%€3,134below the sector's middle half▼ 66.6%€2,469below the sector's middle half▼ 21.2%
Debt€25,454▲ 15.4%€26,621▲ 4.6%€27,986▲ 5.1%€28,916▲ 3.3%€30,232▲ 4.5%
Working capital-€15,033▼ 48.7%-€16,865▼ 12.2%-€18,604▼ 10.3%-€25,783▼ 38.6%-€27,763▼ 7.7%
Solvency-144.3%below the sector's middle half▼ 59.7pp-172.9%below the sector's middle half▼ 28.6pp-198.3%below the sector's middle half▼ 25.4pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€4,496-€4,496Net result 2020: -€4,925-€4,925Operating result 2021: -€1,223-€1,223Net result 2021: -€1,832-€1,832Operating result 2022: -€1,288-€1,288Net result 2022: -€1,739-€1,739Operating result 2023: -€6,748-€6,748Net result 2023: -€7,179-€7,179Operating result 2024: -€1,567-€1,567Net result 2024: -€1,980-€1,98020202021202220232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€1,288-€1,290Net result 2022: -€1,739-€1,740Operating result 2023: -€6,748-€6,750Net result 2023: -€7,179-€7,180Operating result 2024: -€1,567-€1,570Net result 2024: -€1,980-€1,980202220232024
The operating result stays negative: a loss of €1,567 in 2024 against €6,748 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€30,232▲
2023 · €28,916
Ratios withheld: a balance sheet total of €2,469 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,134€2,469▼
Current assets29/58€3,134€2,469▼
Stocks and contracts in progress3€2,000€1,500▼
Stocks30/36€2,000€1,500▼
Amounts receivable within one year40/41€1,134€134▼
Other amounts receivable41€1,134€134▼
Cash at bank and in hand54/58-€835
Equity and liabilities
Total equity and liabilities10/49€3,134€2,469▼
Equity10/15-€25,783-€27,763▼
Contributions10/11€18,592€18,592=
Outside capital11€18,592€18,592=
Other1109/19€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€46,234-€48,214▼
Amounts payable17/49€28,916€30,232▲
Amounts payable within one year42/48€28,916€30,232▲
Financial debts43€963-
Credit institutions430/8€963-
Other amounts payable47/48€27,953€30,232▲
Income statement Code20232024
Gross operating margin9900-€6,748-€1,567▲
Operating profit (loss)9901-€6,748-€1,567▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€431€414▼
Recurring financial charges65€431€414▼
Profit (loss) for the period before taxes9903-€7,179-€1,980▲
Profit (loss) for the period9904-€7,179-€1,980▲
Profit (loss) for the period to be appropriated9905-€7,179-€1,980▲
Appropriation of the result
Profit (loss) to be appropriated9906-€46,234-€48,214▼
Profit (loss) brought forward from the previous period14P-€39,055-€46,234▼
Line20202021202220232024Change
Gross operating margin9900-€4,196-€1,223-€1,288-€6,748-€1,567▲ 76.8%
Operating profit (loss)9901-€4,496-€1,223-€1,288-€6,748-€1,567▲ 76.8%
Financial income75/76B----€1-
Recurring financial income75----€1-
Financial charges65/66B-€609€451€431€414▼ 4.1%
Recurring financial charges65€429€609€451€431€414▼ 4.1%
Profit (loss) for the period before taxes9903-€4,925-€1,832-€1,739-€7,179-€1,980▲ 72.4%
Profit (loss) for the period9904-€4,925-€1,832-€1,739-€7,179-€1,980▲ 72.4%
Profit (loss) for the period to be appropriated9905-€4,925-€1,832-€1,739-€7,179-€1,980▲ 72.4%
Line20202021202220232024Change
Assets
Total assets20/58€10,420€9,757€9,383€3,134€2,469▼ 21.2%
Current assets29/58€10,420€9,757€9,383€3,134€2,469▼ 21.2%
Stocks and contracts in progress3€8,990€8,517€8,107€2,000€1,500▼ 25.0%
Stocks30/36-€8,517€8,107€2,000€1,500▼ 25.0%
Amounts receivable within one year40/41€997€1,015€1,276€1,134€134▼ 88.2%
Other amounts receivable41-€1,015€1,276€1,134€134▼ 88.2%
Cash at bank and in hand54/58€434€225--€835-
Equity and liabilities
Total equity and liabilities10/49€10,420€9,757€9,383€3,134€2,469▼ 21.2%
Equity10/15-€15,033-€16,865-€18,604-€25,783-€27,763▼ 7.7%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Outside capital11-€18,592€18,592€18,592€18,592=
Other1109/19-€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€35,484-€37,316-€39,055-€46,234-€48,214▼ 4.3%
Amounts payable17/49€25,454€26,621€27,986€28,916€30,232▲ 4.5%
Amounts payable within one year42/48€25,454€26,621€27,986€28,916€30,232▲ 4.5%
Financial debts43--€335€963--
Credit institutions430/8--€335€963--
Trade debts44€54€1,877€425---
Suppliers440/4-€1,877€425---
Other amounts payable47/48-€24,744€27,226€27,953€30,232▲ 8.2%
Line20202021202220232024Change
Profit (loss) for the period9904-€4,925-€1,832-€1,739-€7,179-€1,980▲ 72.4%
Operating cash flow (approximation)-€4,925-€1,832-€1,739-€7,179-€1,980▲ 72.4%
Change in cash--€209----

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€7,179
Net result drops to -€7,179, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
05-01
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 158 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fernelmont · 1 establishment unit since 1986
seat establishment The establishment unit on the map
Ground area
509 m²
Building footprint
219 m²
Parcel 92012A0121/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ETABLISSEMENTS BARRAS
Rue d'Otreppe, Bierw. 28, 5380 FernelmontNACE 52450
since 19862.033.979.043
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92012A0121/00Y000 Wallonia 509 m² 1 · 219 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 765 companies in sector 47552 we hold annual accounts for 444. See the whole sector

Identification & contact

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded04-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
47540Retail sale of electrical household appliances
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.