NEDOSA
ActiveSummary
NEDOSA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €960,123 and a net result of €202,086. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 6127 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-2
Solvency67▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.67 in 2023; short-term debt: 19.7% and cash: 3.7% of total assets), but 58.4% of the assets are financed with debt.
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Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.6%
Return on assets
8.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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
67 d late
2023
8 d late
2022
32 d late
2021
45 d early
2020
179 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€202,086▼ 17.3%
2023 · €244,355
Working capital
€518,120▲ 37.4%
2023 · €377,072
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€0.1m▼ 5.4%€0.09m▼ 25.0%€0.3m▲ 213%€0.4m▲ 31.8%€0.3m▼ 20.7%
Net result€0.08mwithin the sector's middle half▼ 6.9%€0.06mwithin the sector's middle half▼ 22.5%€0.2mwithin the sector's middle half▲ 207%€0.2mwithin the sector's middle half▲ 30.4%€0.2mwithin the sector's middle half▼ 17.3%
Equity€0.3mwithin the sector's middle half▲ 7.1%€0.3mwithin the sector's middle half▲ 6.4%€0.5mwithin the sector's middle half▲ 53.9%€0.8mwithin the sector's middle half▲ 45.7%€1.0mwithin the sector's middle half▲ 23.2%
Total assets€1.6mwithin the sector's middle half▲ 32.1%€1.5mwithin the sector's middle half▼ 7.1%€2.2mwithin the sector's middle half▲ 45.6%€2.3mwithin the sector's middle half▲ 3.8%€2.3mwithin the sector's middle half▲ 0.1%
Debt€1.3m▲ 40.2%€1.2m▼ 10.4%€1.7m▲ 43.2%€1.5m▼ 9.4%€1.3m▼ 11.7%
Working capital€0.3mwithin the sector's middle half▲ 8.2%€0.3mwithin the sector's middle half▼ 1.9%€0.2mwithin the sector's middle half▼ 43.2%€0.4mwithin the sector's middle half▲ 116%€0.5mwithin the sector's middle half▲ 37.4%
Solvency19.9%within the sector's middle half▼ 4.6pp22.8%within the sector's middle half▲ 2.9pp24.1%within the sector's middle half▲ 1.3pp33.8%within the sector's middle half▲ 9.7pp41.6%within the sector's middle half▲ 7.8pp
Current ratio1.62within the sector's middle half▼ 0.671.76within the sector's middle half▲ 0.141.27within the sector's middle half▼ 0.491.67within the sector's middle half▲ 0.392.14within the sector's middle half▲ 0.48
Return on assets (ROA)4.8%within the sector's middle half▼ 2.0pp4.0%within the sector's middle half▼ 0.8pp8.4%within the sector's middle half▲ 4.4pp10.6%above the sector's middle half▲ 2.2pp8.8%within the sector's middle half▼ 1.8pp
Staff (FTE)3.5within the sector's middle half▲ 45.8%3.5within the sector's middle half=3.2below the sector's middle half▼ 8.6%3.5within the sector's middle half▲ 9.4%4.1within the sector's middle half▲ 17.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.3m ▼ 1.9%
Current assets
€972,040 ▲ 3.0%
Equity and liabilities €2.3m
Equity
€960,123 ▲ 23.2%
Debt
€1.3m ▼ 11.7%
Debt's share of the balance-sheet total falls from 66.2% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€419,901▼
2023 · €494,763
Cash flow
€337,464▼
2023 · €380,456
Quick ratio
2.04▲
2023 · 1.48
Debt to equity
1.40▼
2023 · 1.96
ROE
21.0%▼
2023 · 31.4%
Interest coverage
12.49▼
2023 · 13.24
Debt ≤ 1 year
€453,920▼
2023 · €566,925
Debt > 1 year
€894,319▼
2023 · €960,496
Income taxes
€65,416▼
2023 · €81,709
Staff costs
€197,516▲
2023 · €167,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13,212 | - |
| Remuneration, social security and pensions62 | - | €132,263 | €132,217 | €167,600 | €197,516 | ▲ 17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,431 | €101,804 | €131,036 | €136,101 | €135,378 | ▼ 0.5% |
| Other operating charges640/8 | - | €53,600 | €88,185 | €30,473 | €49,588 | ▲ 62.7% |
| Gross operating margin9900 | €330,225 | €374,570 | €623,635 | €692,836 | €667,005 | ▼ 3.7% |
| Operating profit (loss)9901 | €115,930 | €86,903 | €272,197 | €358,663 | €284,523 | ▼ 20.7% |
| Financial income75/76B | - | €1,994 | €2,528 | €4,769 | €16,609 | ▲ 248% |
| Recurring financial income75 | €1,308 | €1,944 | €1,935 | €4,769 | €1,647 | ▼ 65.5% |
| Non-recurring financial income76B | - | €50 | €592 | - | €14,962 | - |
| Financial charges65/66B | - | €16,132 | €23,724 | €37,368 | €33,630 | ▼ 10.0% |
| Recurring financial charges65 | €17,395 | €16,132 | €23,724 | €37,368 | €33,630 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €99,785 | €72,765 | €251,001 | €326,064 | €267,502 | ▼ 18.0% |
| Income taxes67/77 | €21,039 | €11,753 | €63,579 | €81,709 | €65,416 | ▼ 19.9% |
| Profit (loss) for the period9904 | €78,747 | €61,012 | €187,422 | €244,355 | €202,086 | ▼ 17.3% |
| Profit (loss) for the period to be appropriated9905 | €78,747 | €61,012 | €187,422 | €244,355 | €202,086 | ▼ 17.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.5m | €2.2m | €2.3m | €2.3m | ▲ 0.1% |
| Fixed assets21/28 | €0.8m | €0.8m | €1.4m | €1.4m | €1.3m | ▼ 1.9% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €1.4m | €1.4m | €1.3m | ▼ 1.9% |
| Land and buildings22 | - | €0.6m | €0.7m | €0.6m | €0.6m | ▼ 3.2% |
| Plant, machinery and equipment23 | - | €0.01m | €0.07m | €0.06m | €0.05m | ▼ 12.2% |
| Furniture and vehicles24 | - | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 42.2% |
| Leasing and similar rights25 | - | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 3.2% |
| Other tangible fixed assets26 | - | - | €0.5m | €0.5m | €0.5m | ▲ 3.4% |
| Current assets29/58 | €0.8m | €0.7m | €0.8m | €0.9m | €1.0m | ▲ 3.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.003m | - | - |
| Other amounts receivable291 | - | - | - | €0.003m | - | - |
| Stocks and contracts in progress3 | €0.2m | €0.08m | €0.1m | €0.1m | €0.05m | ▼ 53.7% |
| Stocks30/36 | - | €0.08m | €0.1m | €0.1m | €0.05m | ▼ 53.7% |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.5m | €0.6m | €0.8m | ▲ 31.5% |
| Trade receivables40 | - | €0.4m | €0.5m | €0.6m | €0.8m | ▲ 26.2% |
| Other amounts receivable41 | - | €0.09m | €0.03m | €0.02m | €0.06m | ▲ 192% |
| Cash at bank and in hand54/58 | €0.2m | €0.1m | €0.2m | €0.2m | €0.09m | ▼ 55.3% |
| Deferred charges and accrued income490/1 | - | - | €0.008m | €0.02m | €0.007m | ▼ 51.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.5m | €2.2m | €2.3m | €2.3m | ▲ 0.1% |
| Equity10/15 | €0.3m | €0.3m | €0.5m | €0.8m | €1.0m | ▲ 23.2% |
| Contributions10/11 | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.5m | €0.8m | €1.0m | ▲ 23.4% |
| Amounts payable17/49 | €1.3m | €1.2m | €1.7m | €1.5m | €1.3m | ▼ 11.7% |
| Amounts payable after more than one year17 | €0.8m | €0.8m | €1.0m | €1.0m | €0.9m | ▼ 6.9% |
| Financial debts170/4 | - | €0.8m | €1.0m | €1.0m | €0.9m | ▼ 6.9% |
| Other amounts payable178/9 | - | - | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.6m | €0.6m | €0.5m | ▼ 19.9% |
| Current portion of amounts payable after more than one year42 | - | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 20.5% |
| Trade debts44 | €0.2m | €0.2m | €0.4m | €0.3m | €0.1m | ▼ 50.1% |
| Suppliers440/4 | - | €0.2m | €0.4m | €0.3m | €0.1m | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | €0.06m | €0.07m | €0.1m | €0.1m | ▲ 24.2% |
| Taxes450/3 | - | €0.04m | €0.06m | €0.09m | €0.09m | ▲ 8.5% |
| Remuneration and social security454/9 | - | €0.01m | €0.01m | €0.01m | €0.03m | ▲ 128% |
| Other amounts payable47/48 | - | €0.08m | €0.08m | €0.05m | €0.01m | ▼ 72.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,747 | €61,012 | €187,422 | €244,355 | €202,086 | ▼ 17.3% |
| + Depreciation and write-downs630 | €74,431 | €101,804 | €131,036 | €136,101 | €135,378 | ▼ 0.5% |
| Operating cash flow (approximation) | €153,178 | €162,817 | €318,458 | €380,456 | €337,464 | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | -€93,649 | -€717,206 | -€98,886 | -€108,952 | ▼ 10.2% |
| Change in cash | - | -€40,126 | €39,169 | €36,614 | -€105,724 | ▼ 389% |
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
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 67 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 8 days late
2023
31-12
Financial
Highest result since 2018net €244,355 ▲30.4%
Operating result €358,663, net result €244,355, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Equity above €500,000Eq €534,967 ▲53.9%
5 profitable years in a row build equity to €534,967.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 179 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 97 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 127 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2013
Ground area
2,593 m²
Building footprint
455 m²
Volume, LiDAR
2,555 m³
Parcel 63006D0289/00C000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NEDOSA
since 2013unit no. 2.215.686.965
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0289/00C000 | Wallonia | 2,593 m² | 1 · 455 m² | 6.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerveunit no. 2.215.686.965
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Of 223 companies in this sector we hold annual accounts for 139. 93 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded31-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46391Wholesale trade
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508823297
Also
9925:BE0508823297
Registered
28-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.