NEBEL
ActiveNEBEL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-15k) and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency67=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.82 against 6.85 in 2023), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
-3.1%
Return on assets
0.3%
Age of the figures
20 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9017 sector peers (2024).
NBB · sector comparisonPosition among 9017 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
25 d late
2020
181 d late
2019
438 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-15k▲ 9.0%
2023 · €-17k
2018: €3k
2019: €-35k
2020: €-42k
2021: €-54k
2022: €-47k
2023: €-17k
2018 → 2024
Total assets
€485k▲ 5.2%
2023 · €462k
2018: €253k
2019: €241k
2020: €264k
2021: €271k
2022: €355k
2023: €462k
2018 → 2024
Net result
€1k▼ 95.2%
2023 · €31k
2018: €-771
2019: €-38k
2020: €-7k
2021: €-12k
2022: €7k
2023: €31k
2018 → 2024
Working capital
€211k▼ 5.7%
2023 · €223k
2018: €-5k
2019: €-20k
2020: €-22k
2021: €-3k
2022: €107k
2023: €223k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-42k-€-54k▼ 28.9%€-47k▲ 12.4%€-17k▲ 65.0%€-15k▲ 9.0%
Operating result€3k-€-11k€15k€44k▲ 191%€8k▼ 81.3%
Net result€-7k-€-12k▼ 68.0%€7k€31k▲ 361%€1k▼ 95.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €485k
Fixed assets
€200k=
Current assets
€285k▲ 9.1%
Key figures and ratios
Solvency
-3.1%▲
2023 · -3.6%
Current ratio
3.82▼
2023 · 6.85
Quick ratio
3.82▼
2023 · 6.85
Debt / equity
-33.30▼
2023 · -28.96
ROE
-9.9%▲
2023 · -185.7%
ROA
0.3%▼
2023 · 6.6%
Debt
€500k▲
2023 · €478k
Debt ≤ 1 year
€75k▲
2023 · €38k
Debt > 1 year
€424k▼
2023 · €438k
Income taxes
€82▲
2023 · €63
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€462k€485k▲
Fixed assets21/28€200k€200k=
Financial fixed assets28€200k€200k=
Current assets29/58€261k€285k▲
Amounts receivable after more than one year29€201k€219k▲
Other amounts receivable291€201k€219k▲
Amounts receivable within one year40/41€60k€66k▲
Trade receivables40€60k€66k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€37€44▲
Equity and liabilities
Total equity and liabilities10/49€462k€485k▲
Equity10/15€-17k€-15k▲
Contributions10/11€6k€6k=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14€-23k€-22k▲
Amounts payable17/49€478k€500k▲
Amounts payable after more than one year17€438k€424k▼
Financial debts170/4€52k€0▼
Other amounts payable178/9€386k€424k▲
Amounts payable within one year42/48€38k€75k▲
Current portion of amounts payable after more than one year42€14k€58k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€11k€7k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-13k€0▲
Other operating charges640/8€644€2k▲
Gross operating margin9900€32k€10k▼
Operating profit (loss)9901€44k€8k▼
Financial income75/76B€5k€12k▲
Recurring financial income75€5k€12k▲
Financial charges65/66B€19k€19k▲
Recurring financial charges65€19k€19k▲
Profit (loss) for the period before taxes9903€31k€2k▼
Income taxes67/77€63€82▲
Profit (loss) for the period9904€31k€1k▼
Profit (loss) for the period to be appropriated9905€31k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-22k▲
Profit (loss) brought forward from the previous period14P€-54k€-23k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €31k ▲361%
Operating result €44k, net result €31k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.85
Current ratio from 3.25 to 6.85; short-term debt falls from €48k to €38k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 0.96 to 3.25; short-term debt falls from €74k to €48k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 181 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 438 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 404 days late
2019
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
ROOSE Michiel
CurrentDirector · since 21-05-2025
ROOVIA
CurrentDirector · since 21-05-2025 · Private limited company
21-05-2025
ROOSE Michiel: Appointed as Director
21-05-2025
ROOVIA: Appointed as Director
21-05-2025
ROOSE Pieterjan: Appointed as Permanent representative
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1998
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.
Dreef ter Panne 12 C8000 BruggeGround area
4,882 m²
Building footprint
2,382 m²
Volume, LiDAR
14,342 m³
Parcel 31807I0283/00D002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NEBEL
since 19982.084.893.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0283/00D002 | Flanders | 4,882 m² | 1 · 2,382 m² | 9.6 m · 2 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.
Similar companies · same sector, comparable size
YESILYURT
BE 0783.714.369
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BE 0673.989.256
Lier · Eq €3k
ETABLISSEMENTS VANDENBOSCH-DECROISSON
BE 0475.316.331
Bassenge · Eq €3k
JEET BUSINESS
BE 0544.752.196
Anderlecht · Eq €3k
KHAN CANDY WORLD
BE 0775.980.697
Anderlecht · Eq €4k
Of 450 companies in sector 46360 we hold annual accounts for 284. 56 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-1997
Fiscal year end31-12
Activities, NACEBEL
46360Wholesale trade
47241Retail sale of bread and pastry (bakery outlets)
52240
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.