Equity
-€722,421
Debts exceed assets in financial year 2025.
NEDCAP
Lifetime
12 annual accounts with figures on one time axispeak €177,214 (2019)
€94,455▲ 35.2%
lowest -€312,470 (2014)
-€8,268▲ €100,610
peak €187,530 (2014)
-€722,421▼ €8,268
€1.3m▼ 1.6%
Board3 names since 2013
2 directors and 1 other
Owners3 names in the annual accounts
50%
Documentsfilings and deeds
06-08-20266 days late
2025abbreviated format
Gross margin from €69,856 to €94,455Loss of €8,2682 directors reappointed 17-04
Key points
from the 2025 annual accountsLosses
-€1.2m in twelve years
Every financial year from 2014 to 2025 closed with a loss. 2014 was the heaviest.
Debts
€1.3m 227% of the balance sheet
Financial debts 95%Suppliers 0%Other 5%
€67,378 of the debts are secured on the company's own assets. In 2021 that was €548,210.
Liquidity
1.15 was 0.14 in 2024
Short-term debts fell from €304,206 to €68,516.
At the same address
47 companies
Position in the sector
-126.8%
Lower solvency than 95% of companies in real estate. Sector median 30.2% · 12,427 companies.
2025 accounts filed 6 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,215 companies had the same profile as NEDCAP has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.7%
stopped another way
1.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,215 companies, not a prediction for NEDCAP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director,
Director, , since 19-06-2024
- 50%score equity €8.5m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535931433
Registered office moved from Ghent to Sint-Martens-Latem
New registered office: Kortrijksesteenweg 157, 9830 Sint-Martens-Latem, België · Previous registered office: Rijvisschestraat 122, 9052 Gent · Board meeting of 16-07-2026 · Gazette deed
2 directors reappointed
and · Permanent representatives: and · General meeting of 13-03-2025 · Gazette deed
Permanent representatives: and
Board meeting of 17-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEDCAP Sint-Martens-Latem | €569,638 | €94,455 | -126.8% | - |
| BELEZA PURA Ghent | €529,185 | €89,943 | 35.8% | - |
| Immo P&S Stekene | €509,340 | €79,176 | 10.0% | - |
| STYLE SCOOP Antwerp | €633,543 | €102,721 | 35.7% | - |
| NIEUW-AKKER Retie | €555,902 | €110,444 | 65.2% | - |
| PP41 Turnhout | €634,617 | €84,035 | 18.3% | 0 |
| Vastgoed De Cat Hulshout | €535,987 | €83,730 | 22.0% | - |
These companies have the same main activity as NEDCAP: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €509,000 and €635,000, founded between 2011 and 2014.
Official details
Source: KBO- Status
- Active since 25-06-2013Normal situation
- Registered office
- 48 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.220.523.1099830 Sint-Martens-Latem, since 20-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2026
Insights on NEDCAP
NEDCAP files the abbreviated format. That format states no turnover. The gross margin rose from €56,392 in 2014 to €94,455 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NEDCAP
- What is the company number of NEDCAP?
- The company number of NEDCAP is 0535.931.433. The VAT number is the same number with BE in front: BE 0535.931.433.
- Where is NEDCAP based?
- The registered office is at Kortrijksesteenweg 157, 9830 Sint-Martens-Latem.Company details
- What does NEDCAP do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of NEDCAP?
- NEDCAP is a public limited company (NV).
- When was NEDCAP founded?
- NEDCAP was founded on 25-06-2013.
- Is NEDCAP still active?
- Yes, NEDCAP is an active enterprise in the KBO register.
- What is the turnover of NEDCAP?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €94,455 and 45 comparable companies (NACE 682). It probably lies between €110,000 and €160,000.Financials
- Is NEDCAP profitable?
- In financial year 2025, NEDCAP made a loss of €8,268.
- Where can I find the annual accounts of NEDCAP?
- NEDCAP filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEDCAP due?
- NEDCAP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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