NEAD
ActiveSummary
NEAD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €6k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+15
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.63 against 24.78 in 2023; short-term debt: 21.5% and cash: 93.7% of total assets), and 21.5% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
78.5%
Return on assets
12.7%
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 04-07-2025, 27 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
30 d early
2022
34 d early
2021
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€39k=
2023 · €39k
2021: €30k
2022: €39k
2023: €39k
2021 → 2024
Total assets
€50k▲ 22.5%
2023 · €40k
2021: €43k
2022: €57k
2023: €40k
2021 → 2024
Net result
€6k▲ 1,636%
2023 · €362
2021: €30k
2022: €9k
2023: €362
2021 → 2024
Working capital
€39k▲ 3.1%
2023 · €38k
2021: €25k
2022: €36k
2023: €38k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€30k-€39k▲ 29.2%€39k=€39k=
Operating result€41k-€13k▼ 68.4%€-260€8k
Net result€30k-€9k▼ 70.7%€362▼ 95.9%€6k▲ 1,636%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €260 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€168 ▼ 87.5%
Current assets
€49k ▲ 26.3%
Equity and liabilities €50k
Equity
€39k =
Debt
€11k ▲ 576%
Debt's share of the balance-sheet total rises from 3.9% to 21.5%. Debt is higher.
Key figures and ratios
EBITDA
€9k▲
2023 · €2k
Cash flow
€7k▲
2023 · €3k
Current ratio
4.63▼
2023 · 24.78
Quick ratio
4.61▼
2023 · 24.65
Debt to equity
0.27▲
2023 · 0.04
ROE
16.1%▲
2023 · 0.9%
ROA
12.7%▲
2023 · 0.9%
Interest coverage
209.34▲
2023 · 56.38
Debt ≤ 1 year
€11k▲
2023 · €2k
Income taxes
€2k▲
2023 · €-661
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 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€40k€50k▲
Fixed assets21/28€1k€168▼
Tangible fixed assets22/27€1k€168▼
Plant, machinery and equipment23€737€168▼
Furniture and vehicles24€609-
Current assets29/58€39k€49k▲
Stocks and contracts in progress3€206€206=
Stocks30/36€206€206=
Amounts receivable within one year40/41-€3k
Trade receivables40-€3k
Cash at bank and in hand54/58€39k€46k▲
Equity and liabilities
Total equity and liabilities10/49€40k€50k▲
Equity10/15€39k€39k=
Contributions10/11€100€100=
Reserves13€39k€39k=
Distributable reserves133€39k€39k=
Amounts payable17/49€2k€11k▲
Amounts payable within one year42/48€2k€11k▲
Trade debts44€282€3k▲
Suppliers440/4€282€3k▲
Taxes, remuneration and social security45€450€2k▲
Taxes450/3€450€2k▲
Other amounts payable47/48€848€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€621€577▼
Gross operating margin9900€3k€10k▲
Operating profit (loss)9901€-260€8k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€39€44▲
Recurring financial charges65€39€44▲
Profit (loss) for the period before taxes9903€-299€8k▲
Income taxes67/77€-661€2k▲
Profit (loss) for the period9904€362€6k▲
Profit (loss) for the period to be appropriated9905€362€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€362€6k▲
Profit to be distributed694/7€362€6k▲
Return on contributions (dividend)694€362€6k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-09
State Gazette act
Board meeting · Registered-office moveRegistered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Registered-office move2 facts ▸
- Board meeting, 25-07-2026
- Registered-office move, Abeelstraat 1, 8570 Vichte
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €362 ▼95.9%
Net result drops to €362, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 24.78
Current ratio from 2.96 to 24.78; short-term debt falls from €18k to €2k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2020
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.
Abeelstraat 18570 AnzegemGround area
2,554 m²
Building footprint
307 m²
Volume, LiDAR
1,212 m³
Parcel 34038B0490/00D000, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NEAD
since 20202.310.440.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0490/00D000 | Flanders | 2,554 m² | 1 · 307 m² | 11.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 14,950 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
Founded04-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
33200Installation of industrial machinery and equipment
43211General electrical installation work
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.