NE-RO
ActiveThe computed 12-month bankruptcy probability of NE-RO is 3.1% (moderate). The 2025 annual accounts show negative equity (€-30k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 13204 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0
Solvency0
Growth32=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12; short-term debt: 256.7% and cash: 11.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
-156.7%
Return on assets
-58.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
30 d late
2022
on the day
2021
22 d late
2020
26 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-30k▼ 59.9%
2024 · €-19k
2018: €35k
2019: €42k
2020: €55k
2021: €65k
2022: €71k
2023: €52k
2024: €-19k
2018 → 2025
Total assets
€19k
2024 · €0
2018: €219k
2019: €192k
2020: €189k
2021: €179k
2022: €91k
2023: €70k
2024: €0
2018 → 2025
Net result
€-11k▲ 84.0%
2024 · €-71k
2018: €10k
2019: €7k
2020: €13k
2021: €10k
2022: €6k
2023: €-19k
2024: €-71k
2018 → 2025
Working capital
€-44k▼ 143%
2023 · €-18k
2018: €2k
2019: €15k
2020: €26k
2021: €38k
2022: €-18k
2023: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€71k▲ 9.5%€52k▼ 26.4%€-19k€-30k▼ 59.9%
Operating result€18k-€12k▼ 30.8%€-19k€-71k▼ 284%€-11k▲ 84.0%
Net result€10k-€6k▼ 36.8%€-19k€-71k▼ 280%€-11k▲ 84.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €71k in 2024; the loss shrinks.
Balance-sheet composition
Assets €19k
Fixed assets
€13k
Current assets
€6k
Key figures and ratios
EBITDA
€-11k▼
2024 · €-995
Cash flow
€-11k▼
2024 · €-995
Solvency
-156.7%
Current ratio
0.12
Quick ratio
0.11
Debt / equity
-1.64
ROA
-58.7%
Interest coverage
-922.84
Debt
€50k▲
2024 · €19k
Debt ≤ 1 year
€50k▲
2024 · €19k
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€0€19k▲
Fixed assets21/28€0€13k▲
Tangible fixed assets22/27€0€13k▲
Land and buildings22€0€2k▲
Plant, machinery and equipment23€0€10k▲
Furniture and vehicles24-€1k
Current assets29/58-€6k
Stocks and contracts in progress3-€765
Stocks30/36-€765
Amounts receivable within one year40/41-€3k
Other amounts receivable41-€3k
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€0€19k▲
Equity10/15€-19k€-30k▼
Contributions10/11€19k€19k=
Reserves13€47k€47k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-85k€-96k▼
Amounts payable17/49€19k€50k▲
Amounts payable within one year42/48€19k€50k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€19k€48k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€135▼
Other operating charges640/8€0€279▲
Gross operating margin9900€-995€-11k▼
Operating profit (loss)9901€-71k€-11k▲
Financial charges65/66B€0€12▲
Recurring financial charges65€0€12▲
Profit (loss) for the period before taxes9903€-71k€-11k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-71k€-11k▲
Profit (loss) for the period to be appropriated9905€-71k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-96k▼
Profit (loss) brought forward from the previous period14P€-14k€-85k▼
Transfer from equity791/2€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲74.2%
Operating result €22k, net result €13k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Lebbeke · 1 establishment unit since 2014
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.
Rossevaalstraat 659280 LebbekeGround area
1,240 m²
Building footprint
331 m²
Volume, LiDAR
1,712 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
't Schuttershof
since 20142.230.691.182
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42011B0155/00S002 | Flanders | 629 m² | 1 · 189 m² | 8.0 m · 1 fl. |
| 42011B0579/00P000 | Flanders | 611 m² | 1 · 142 m² | 9.9 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.
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LE MALI
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La Myrthe
BE 0890.098.229
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GELATERIA MAMA CALINKA
BE 0644.983.088
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DE MINUUT BLANKENBERGE
BE 0739.731.403
Blankenberge · Eq €52k
Of 20,494 companies in sector 56111 we hold annual accounts for 11,454. 9,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2014
Fiscal year end31-12
Activities, NACEBEL
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.