NEANDER DEVELOPMENTS
ActiveSummary
NEANDER DEVELOPMENTS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €194k and a net result of €87k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▼-5
Solvency63▲+10
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.35 in 2023; short-term debt: 62.1% and cash: 92.5% of total assets), but 62.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d early
2022
32 d early
2021
16 d early
2020
4 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€194k▲ 54.4%
2023 · €125k
2018: €188k
2019: €259k▲ +38.1% vs 2018highest in 7 years
2020: €17k▼ -93.5% vs 2019lowest in 7 years
2021: €42k▲ +148% vs 2020
2022: €91k▲ +119% vs 2021
2023: €125k▲ +37.1% vs 2022
2024: €194k▲ +54.4% vs 2023
2018 → 2024
Total assets
€511k▲ 13.7%
2023 · €449k
2018: €223klowest in 7 years
2019: €270k▲ +20.9% vs 2018
2020: €351k▲ +29.7% vs 2019
2021: €357k▲ +1.7% vs 2020
2022: €403k▲ +13.0% vs 2021
2023: €449k▲ +11.6% vs 2022
2024: €511k▲ +13.7% vs 2023highest in 7 years
2018 → 2024
Net result
€87k▼ 7.1%
2023 · €94k
2018: €58klowest in 7 years
2019: €74k▲ +28.1% vs 2018
2020: €83k▲ +11.5% vs 2019
2021: €69k▼ -16.7% vs 2020
2022: €65k▼ -5.9% vs 2021
2023: €94k▲ +45.2% vs 2022highest in 7 years
2024: €87k▼ -7.1% vs 2023
2018 → 2024
Working capital
€186k▲ 64.4%
2023 · €113k
2018: €185k
2019: €258k▲ +39.2% vs 2018highest in 7 years
2020: €-6k▼ -102% vs 2019lowest in 7 years
2021: €21k▲ +457% vs 2020
2022: €76k▲ +266% vs 2021
2023: €113k▲ +48.1% vs 2022
2024: €186k▲ +64.4% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€42k▲ 148%€91k▲ 119%€125k▲ 37.1%€194k▲ 54.4%
2020: €17klowest in 5 years
2021: €42k▲ +148% vs 2020
2022: €91k▲ +119% vs 2021
2023: €125k▲ +37.1% vs 2022
2024: €194k▲ +54.4% vs 2023highest in 5 years
Operating result€104k-€89k▼ 14.1%€89k▼ 0.9%€125k▲ 40.7%€120k▼ 3.6%
2020: €104k
2021: €89k▼ -14.1% vs 2020
2022: €89k▼ -0.9% vs 2021lowest in 5 years
2023: €125k▲ +40.7% vs 2022highest in 5 years
2024: €120k▼ -3.6% vs 2023
Net result€83k-€69k▼ 16.7%€65k▼ 5.9%€94k▲ 45.2%€87k▼ 7.1%
2020: €83k
2021: €69k▼ -16.7% vs 2020
2022: €65k▼ -5.9% vs 2021lowest in 5 years
2023: €94k▲ +45.2% vs 2022highest in 5 years
2024: €87k▼ -7.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €511k
Fixed assets
€7k ▼ 39.1%
Current assets
€504k ▲ 15.2%
Equity and liabilities €511k
Equity
€194k ▲ 54.4%
Debt
€318k ▼ 2.0%
Debt's share of the balance-sheet total falls from 72.1% to 62.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▼
2023 · €131k
Cash flow
€94k▼
2023 · €100k
Current ratio
1.59▲
2023 · 1.35
Debt to equity
1.64▼
2023 · 2.58
ROE
45.1%▼
2023 · 74.9%
ROA
17.1%▼
2023 · 20.9%
Interest coverage
990.16▲
2023 · 942.86
Debt ≤ 1 year
€318k▼
2023 · €324k
Income taxes
€33k▲
2023 · €31k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€449k€511k▲
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Furniture and vehicles24€12k€7k▼
Current assets29/58€437k€504k▲
Amounts receivable within one year40/41€74k€31k▼
Trade receivables40€74k€17k▼
Other amounts receivable41€73€14k▲
Cash at bank and in hand54/58€358k€473k▲
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€449k€511k▲
Equity10/15€125k€194k▲
Contributions10/11€19k€19k=
Reserves13€106k€174k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€105k€173k▲
Profit (loss) carried forward14€426€678▲
Amounts payable17/49€324k€318k▼
Amounts payable within one year42/48€324k€318k▼
Financial debts43€431€529▲
Credit institutions430/8€431€529▲
Trade debts44€406€851▲
Suppliers440/4€406€851▲
Taxes, remuneration and social security45€14k€10k▼
Taxes450/3€14k€10k▼
Other amounts payable47/48€309k€306k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€399€549▲
Non-recurring operating charges66A€548€0▼
Gross operating margin9900€132k€127k▼
Operating profit (loss)9901€125k€120k▼
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€139€128▼
Recurring financial charges65€139€128▼
Profit (loss) for the period before taxes9903€125k€120k▼
Income taxes67/77€31k€33k▲
Profit (loss) for the period9904€94k€87k▼
Profit (loss) for the period to be appropriated9905€94k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€88k▼
Profit (loss) brought forward from the previous period14P€1k€426▼
Transfer to equity691/2€35k€68k▲
To other reserves6921€35k€68k▲
Profit to be distributed694/7€60k€19k▼
Return on contributions (dividend)694€60k€19k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €5k | €6k | €6k | €7k | ▲ 8.6% |
| Other operating charges640/8 | - | €782 | €515 | €399 | €549 | ▲ 37.5% |
| Non-recurring operating charges66A | - | €695 | €0 | €548 | €0 | ▼ 100% |
| Gross operating margin9900 | €106k | €96k | €95k | €132k | €127k | ▼ 3.3% |
| Operating profit (loss)9901 | €104k | €89k | €89k | €125k | €120k | ▼ 3.6% |
| Financial income75/76B | - | - | - | €5 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €5 | €0 | ▼ 100% |
| Financial charges65/66B | - | €52 | €334 | €139 | €128 | ▼ 7.7% |
| Recurring financial charges65 | €184 | €52 | €334 | €139 | €128 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €104k | €89k | €88k | €125k | €120k | ▼ 3.6% |
| Income taxes67/77 | €22k | €21k | €24k | €31k | €33k | ▲ 7.1% |
| Profit (loss) for the period9904 | €83k | €69k | €65k | €94k | €87k | ▼ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €83k | €69k | €65k | €94k | €87k | ▼ 7.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €351k | €357k | €403k | €449k | €511k | ▲ 13.7% |
| Formation expenses20 | €257 | €0 | - | - | - | - |
| Fixed assets21/28 | €22k | €21k | €15k | €12k | €7k | ▼ 39.1% |
| Tangible fixed assets22/27 | €22k | €21k | €15k | €12k | €7k | ▼ 39.1% |
| Furniture and vehicles24 | - | €21k | €15k | €12k | €7k | ▼ 39.1% |
| Current assets29/58 | €328k | €336k | €388k | €437k | €504k | ▲ 15.2% |
| Amounts receivable within one year40/41 | €56k | €20k | €25k | €74k | €31k | ▼ 58.3% |
| Trade receivables40 | - | €15k | €25k | €74k | €17k | ▼ 77.1% |
| Other amounts receivable41 | - | €4k | €0 | €73 | €14k | ▲ 18,986% |
| Cash at bank and in hand54/58 | €271k | €315k | €361k | €358k | €473k | ▲ 32.1% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €6k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €351k | €357k | €403k | €449k | €511k | ▲ 13.7% |
| Equity10/15 | €17k | €42k | €91k | €125k | €194k | ▲ 54.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €22k | €72k | €106k | €174k | ▲ 63.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €20k | €70k | €105k | €173k | ▲ 65.1% |
| Profit (loss) carried forward14 | €3k | €1k | €1k | €426 | €678 | ▲ 58.9% |
| Amounts payable17/49 | €334k | €315k | €311k | €324k | €318k | ▼ 2.0% |
| Amounts payable within one year42/48 | €334k | €315k | €311k | €324k | €318k | ▼ 2.0% |
| Financial debts43 | - | €2k | €357 | €431 | €529 | ▲ 22.7% |
| Credit institutions430/8 | - | €2k | €357 | €431 | €529 | ▲ 22.7% |
| Trade debts44 | €733 | €2k | €2k | €406 | €851 | ▲ 110% |
| Suppliers440/4 | - | €2k | €2k | €406 | €851 | ▲ 110% |
| Taxes, remuneration and social security45 | - | €8k | €7k | €14k | €10k | ▼ 27.5% |
| Taxes450/3 | - | €8k | €7k | €14k | €10k | ▼ 27.5% |
| Other amounts payable47/48 | - | €303k | €302k | €309k | €306k | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | - | €168 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83k | €69k | €65k | €94k | €87k | ▼ 7.1% |
| + Depreciation and write-downs630 | €1k | €5k | €6k | €6k | €7k | ▲ 8.6% |
| Operating cash flow (approximation) | €84k | €74k | €70k | €100k | €94k | ▼ 6.1% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-3k | €-2k | ▲ 36.5% |
| Change in cash | - | €44k | €47k | €-3k | €115k | ▲ 3,623% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €194k ▲54.4%
7 profitable years in a row build equity to €194k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €94k ▲45.2%
Operating result €125k, net result €94k, both a record.
31-12
Financial
Equity above €100kEq €125k ▲37.1%
6 profitable years in a row build equity to €125k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 24.78
Current ratio from 6.19 to 24.78; short-term debt falls from €36k to €11k.
31-12
Financial
Equity above €200kEq €259k ▲38.1%
2 profitable years in a row build equity to €259k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 192 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 2016
Ground area
119 m²
Building footprint
95 m²
Volume, LiDAR
1,632 m³
Parcel 21447B0215/00X008, Brussels · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Armand Campenhoutstraat 1, 1050 Elsene
since 20162.259.161.771
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0215/00X008 | Brussels | 119 m² | 1 · 95 m² | 19.6 m · 6 fl. |
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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.