NAGELSBERG
ActiveSummary
NAGELSBERG has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €265k and a net result of €-21k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-23
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 6.05 against 5.04 in 2023; short-term debt: 8.1% and cash: 9.5% of total assets), and 8.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
91.9%
Return on assets
-7.3%
Age of the figures
21 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
33 d early
2022
41 d early
2021
45 d early
2020
16 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€265k▼ 7.4%
2023 · €286k
2018: €171k
2019: €201k
2020: €170k
2021: €233k
2022: €248k
2023: €286k
2018 → 2024
Total assets
€288k▼ 12.7%
2023 · €330k
2018: €369k
2019: €264k
2020: €261k
2021: €304k
2022: €322k
2023: €330k
2018 → 2024
Net result
€-21k
2023 · €37k
2018: €34k
2019: €33k
2020: €-31k
2021: €62k
2022: €16k
2023: €37k
2018 → 2024
Working capital
€118k▼ 34.2%
2023 · €180k
2018: €66k
2019: €119k
2020: €108k
2021: €152k
2022: €177k
2023: €180k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€170k-€233k▲ 36.5%€248k▲ 6.8%€286k▲ 15.0%€265k▼ 7.4%
Operating result€-31k-€78k€27k▼ 65.8%€53k▲ 97.1%€-20k
Net result€-31k-€62k€16k▼ 74.6%€37k▲ 137%€-21k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20k after €53k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288k
Fixed assets
€147k ▲ 38.2%
Current assets
€142k ▼ 36.8%
Equity and liabilities €288k
Equity
€265k ▼ 7.4%
Debt
€23k ▼ 47.4%
Debt's share of the balance-sheet total falls from 13.5% to 8.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2023 · €76k
Cash flow
€12k▼
2023 · €61k
Current ratio
6.05▲
2023 · 5.04
Quick ratio
1.51▼
2023 · 1.83
Debt to equity
0.09▼
2023 · 0.16
ROE
-7.9%▼
2023 · 13.1%
ROA
-7.3%▼
2023 · 11.3%
Interest coverage
171.60▲
2023 · 43.94
Debt ≤ 1 year
€23k▼
2023 · €45k
Income taxes
€700▼
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€330k€288k▼
Fixed assets21/28€106k€147k▲
Tangible fixed assets22/27€100k€141k▲
Land and buildings22€46k€96k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€50k€40k▼
Financial fixed assets28€6k€6k=
Current assets29/58€224k€142k▼
Stocks and contracts in progress3€143k€106k▼
Stocks30/36€143k€106k▼
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€824-
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€73k€28k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€330k€288k▼
Equity10/15€286k€265k▼
Contributions10/11€200k€200k=
Reserves13€115k€115k=
Distributable reserves133€115k€115k=
Profit (loss) carried forward14€-29k€-50k▼
Amounts payable17/49€45k€23k▼
Amounts payable within one year42/48€45k€23k▼
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€26k€19k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€33k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€77k€15k▼
Operating profit (loss)9901€53k€-20k▼
Financial income75/76B€2k€281▼
Recurring financial income75€2k€281▼
Financial charges65/66B€2k€878▼
Recurring financial charges65€2k€78▼
Non-recurring financial charges66B-€800
Profit (loss) for the period before taxes9903€52k€-20k▼
Income taxes67/77€15k€700▼
Profit (loss) for the period9904€37k€-21k▼
Profit (loss) for the period to be appropriated9905€37k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-50k▼
Profit (loss) brought forward from the previous period14P€-29k€-29k=
Transfer to equity691/2€37k-
To other reserves6921€37k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
31-12
Financial
Equity above €200kEq €233k ▲36.5%
Equity rises from €170k to €233k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-31k ▼194%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.90
Current ratio from 1.33 to 2.90; short-term debt falls from €198k to €63k.
31-12
Financial
Equity above €200kEq €201k ▲17.4%
2 profitable years in a row build equity to €201k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Balen · 2 establishment units since 2016
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.
Nagelsberg 342490 BalenGround area
2,664 m²
Building footprint
802 m²
Volume, LiDAR
5,083 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
NAGELSBERG
since 20162.260.190.565
NAGELSBERG
since 20222.336.760.187
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003E0567/00L000 | Flanders | 1,506 m² | 1 · 301 m² | 7.1 m · 2 fl. |
| 13003E0610/00V003 | Flanders | 1,158 m² | 1 · 502 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBalen2.260.190.565
Similar companies · same sector, comparable size
GIGI - BEL
BE 0439.284.690
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WEVERO
BE 0736.547.229
Oud-Turnhout · Eq €257k
DLIM
BE 0449.302.218
Asse · Eq €251k
De Betze
BE 0838.802.352
Geetbets · Eq €248k
DUROC D'OLIVES
BE 0841.219.632
Lochristi · Eq €247k
Of 408 companies in sector 46110 we hold annual accounts for 172. 127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46110Wholesale trade
46852Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@fbbi.be