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N.E.P.

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1986active for 39 yearsRue d'Otreppe, Bierw. 28, 5380 FernelmontKBO/BCE: BE 0429.989.617 #6 oldest company in Fernelmont, Wholesale and retail trade sector

Lifetime

21 annual accounts with figures on one time axis, 38 filings since 1987
peak €27,065 (2005)
-€1,959▼ €391
lowest -€36,004 (2008)
-€2,704▼ €724
peak €126,580 (2005)
-€30,467▼ €2,704
€32,876▲ 8.7%
peak 1 FTE (2005)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from -€1,567 to -€1,959Loss of €2,704Cash from €835 to €204

Key points

from the 2025 annual accounts

Equity

-€30,467
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€164,163 in 21 years
20052007-36,00420092011201320152017201920212023-2,7042025

Every financial year from 2005 to 2025 closed with a loss. 2008 was the heaviest.

Position in the sector

-1264.9%

Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,263 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as N.E.P. has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,635 companies, not a prediction for N.E.P.. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0429989617
Registered office moved from Namur to Bierwart New registered office: Rue d'Otreppe 28 bte1, 5380 BIERWART · Previous registered office: Boulevard du Nord 44, 5000 NAMUR · General meeting of 19-12-2019 · Gazette deed
First establishment ETABLISSEMENTS BARRAS, Rue d'Otreppe, Bierw. 28, Fernelmont
Incorporation published on 03-01-1987 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
N.E.P. Fernelmont €2,409 -€1,959 -1264.9% -
SEA - GULL Pelt €6,613 €986 -77.0% -
AJI Mons €7,362 -€127 -258.5% -
ENTRECHATS Wavre €2,533 -€66 100.0% -
ALMICE Verviers €3,312 €125 55.1% -
HOUT-IDEE VERHOFSTEDE Temse €6,923 -€2,118 37.6% -
ZEZER Charleroi €9,681 -€2,293 92.8% -

These companies have the same main activity as N.E.P.: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €2,530 and €9,680, founded between 1977 and 2002.

Official details

Source: KBO
Status
Active since 04-12-1986Normal situation
Activity
Retail sale of lighting equipmentNACE 47552and 1 other
Establishment unit
2.033.979.0435380 Fernelmont, since 23-12-1986
Financial year end
31 December
Peppol
Reachable since 26-10-2026
Company details

Annual accounts 2025

€2,409▼ 2.4%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on N.E.P.

N.E.P. files the micro format. That format states no turnover. The gross margin fell from €27,065 in 2005 to -€1,959 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about N.E.P.

What is the company number of N.E.P.?
The company number of N.E.P. is 0429.989.617. The VAT number is the same number with BE in front: BE 0429.989.617.
Where is N.E.P. based?
The registered office is at Rue d'Otreppe, Bierw. 28, 5380 Fernelmont.Company details
What does N.E.P. do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of N.E.P.?
Legal form of N.E.P.: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was N.E.P. founded?
N.E.P. was founded on 04-12-1986.
Is N.E.P. still active?
Yes, N.E.P. is an active enterprise in the KBO register.
What is the turnover of N.E.P.?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is N.E.P. profitable?
In financial year 2025, N.E.P. made a loss of €2,704.
Where can I find the annual accounts of N.E.P.?
N.E.P. filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of N.E.P. due?
N.E.P. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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