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NEEA

Active
Private limited companyfounded 2020active for 6 yearsDemosthenesstraat 8, 1070 Anderlecht, BelgiumKBO/BCE: BE 0744.558.439
Summary

NEEA has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €15,075. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

Equity
€5,000▼ 85.8%
2024 · €35,156
Total assets
€56,023▲ 7.7%
2024 · €52,034
Net result
€15,075▼ 5.0%
2024 · €15,868
Working capital
-€4,801
2024 · €32,819
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 8% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€18,953 2025 Net result€15,075 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€8,241-€10,907▲ 32.3%-€17,994€18,624€20,511▲ 10.1%€18,953▼ 7.6%
Net result€6,096within the sector's middle half-€8,201within the sector's middle half▲ 34.5%-€18,262below the sector's middle half€18,254within the sector's middle half€15,868within the sector's middle half▼ 13.1%€15,075within the sector's middle half▼ 5.0%
Equity€11,096below the sector's middle half-€19,298below the sector's middle half▲ 73.9%€1,035below the sector's middle half▼ 94.6%€19,289below the sector's middle half▲ 1,763%€35,156within the sector's middle half▲ 82.3%€5,000below the sector's middle half▼ 85.8%
Total assets€62,575below the sector's middle half-€71,190within the sector's middle half▲ 13.8%€33,967below the sector's middle half▼ 52.3%€39,027below the sector's middle half▲ 14.9%€52,034below the sector's middle half▲ 33.3%€56,023below the sector's middle half▲ 7.7%
Debt€51,478-€51,892▲ 0.8%€32,932▼ 36.5%€19,739▼ 40.1%€16,878▼ 14.5%€51,023▲ 202%
Working capital€9,593within the sector's middle half-€13,885within the sector's middle half▲ 44.7%-€1,293below the sector's middle half€18,953within the sector's middle half€32,819within the sector's middle half▲ 73.2%-€4,801below the sector's middle half
Solvency17.7%below the sector's middle half-27.1%within the sector's middle half▲ 9.4pp3.0%below the sector's middle half▼ 24.1pp49.4%within the sector's middle half▲ 46.4pp67.6%within the sector's middle half▲ 18.1pp8.9%below the sector's middle half▼ 58.6pp
Current ratio1.19within the sector's middle half-1.27within the sector's middle half▲ 0.080.96below the sector's middle half▼ 0.311.96within the sector's middle half▲ 1.002.94within the sector's middle half▲ 0.980.91below the sector's middle half▼ 2.04
Return on assets (ROA)9.7%within the sector's middle half-11.5%within the sector's middle half▲ 1.8pp-53.8%below the sector's middle half▼ 65.3pp46.8%above the sector's middle half▲ 100.5pp30.5%above the sector's middle half▼ 16.3pp26.9%above the sector's middle half▼ 3.6pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56,023
Fixed assets €9,801 ▲ 319%
Current assets €46,221 ▼ 7.0%
Equity and liabilities €56,023
Equity €5,000 ▼ 85.8%
Debt €51,023 ▲ 202%
Debt's share of the balance-sheet total rises from 32.4% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,002▼
2024 · €21,148
Cash flow
€16,124▼
2024 · €16,505
Debt to equity
10.20▲
2024 · 0.48
ROE
301.5%▲
2024 · 45.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€51,023▲
2024 · €16,878
Income taxes
€3,798▼
2024 · €4,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 2,153 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€52,034€56,023▲
Fixed assets21/28€2,338€9,801▲
Tangible fixed assets22/27€2,338€9,801▲
Plant, machinery and equipment23€790€490▼
Furniture and vehicles24€1,548€9,311▲
Current assets29/58€49,696€46,221▼
Amounts receivable within one year40/41€19,992€15,244▼
Trade receivables40€17,094€10,004▼
Other amounts receivable41€2,898€5,240▲
Cash at bank and in hand54/58€29,263€30,277▲
Deferred charges and accrued income490/1€441€700▲
Equity and liabilities
Total equity and liabilities10/49€52,034€56,023▲
Equity10/15€35,156€5,000▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€30,156€0▼
Amounts payable17/49€16,878€51,023▲
Amounts payable within one year42/48€16,878€51,023▲
Trade debts44€2,528€1,693▼
Suppliers440/4€2,528€1,693▼
Taxes, remuneration and social security45€4,526€4,098▼
Taxes450/3€4,526€798▼
Remuneration and social security454/9-€3,300
Other amounts payable47/48€9,824€45,231▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€638€1,049▲
Other operating charges640/8€453€603▲
Gross operating margin9900€21,602€20,605▼
Operating profit (loss)9901€20,511€18,953▼
Financial income75/76B-€37
Recurring financial income75-€37
Financial charges65/66B€117€117=
Recurring financial charges65€117€117=
Profit (loss) for the period before taxes9903€20,394€18,873▼
Income taxes67/77€4,526€3,798▼
Profit (loss) for the period9904€15,868€15,075▼
Profit (loss) for the period to be appropriated9905€15,868€15,075▼
Appropriation of the result
Profit (loss) to be appropriated9906€30,156€45,231▲
Profit (loss) brought forward from the previous period14P€14,289€30,156▲
Profit to be distributed694/7-€45,231
Return on contributions (dividend)694-€45,231

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€881€1,581€693€638€1,049▲ 64.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€17,400----
Other operating charges640/8-€50€120€269€453€603▲ 33.1%
Gross operating margin9900€8,391€11,837€1,108€19,586€21,602€20,605▼ 4.6%
Operating profit (loss)9901€8,241€10,907-€17,994€18,624€20,511€18,953▼ 7.6%
Financial income75/76B-€9---€37-
Recurring financial income75€11€9---€37-
Financial charges65/66B-€142€157€130€117€117=
Recurring financial charges65€93€142€157€130€117€117=
Profit (loss) for the period before taxes9903€8,159€10,773-€18,150€18,494€20,394€18,873▼ 7.5%
Income taxes67/77€2,063€2,572€112€241€4,526€3,798▼ 16.1%
Profit (loss) for the period9904€6,096€8,201-€18,262€18,254€15,868€15,075▼ 5.0%
Profit (loss) for the period to be appropriated9905€6,096€8,201-€18,262€18,254€15,868€15,075▼ 5.0%
Line202020212022202320242025Change
Assets
Total assets20/58€62,575€71,190€33,967€39,027€52,034€56,023▲ 7.7%
Fixed assets21/28€1,503€5,413€2,328€336€2,338€9,801▲ 319%
Tangible fixed assets22/27-€3,909€2,328€336€2,338€9,801▲ 319%
Plant, machinery and equipment23----€790€490▼ 37.9%
Furniture and vehicles24-€3,909€2,328€336€1,548€9,311▲ 501%
Financial fixed assets28€1,503€1,503-----
Current assets29/58€61,071€65,777€31,639€38,691€49,696€46,221▼ 7.0%
Amounts receivable within one year40/41€43,743€50,362€25,863€31,646€19,992€15,244▼ 23.8%
Trade receivables40-€46,498€20,276€28,809€17,094€10,004▼ 41.5%
Other amounts receivable41-€3,864€5,587€2,837€2,898€5,240▲ 80.8%
Cash at bank and in hand54/58€17,329€15,380€5,776€7,045€29,263€30,277▲ 3.5%
Deferred charges and accrued income490/1-€35--€441€700▲ 58.7%
Equity and liabilities
Total equity and liabilities10/49€62,575€71,190€33,967€39,027€52,034€56,023▲ 7.7%
Equity10/15€11,096€19,298€1,035€19,289€35,156€5,000▼ 85.8%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€6,096€14,298-€3,965€14,289€30,156€0▼ 100%
Amounts payable17/49€51,478€51,892€32,932€19,739€16,878€51,023▲ 202%
Amounts payable within one year42/48€51,478€51,892€32,932€19,739€16,878€51,023▲ 202%
Trade debts44€40,814€34,505€22,734€11,726€2,528€1,693▼ 33.0%
Suppliers440/4-€34,505€22,734€11,726€2,528€1,693▼ 33.0%
Taxes, remuneration and social security45-€6,072€4,284€241€4,526€4,098▼ 9.5%
Taxes450/3-€2,572€2,684€241€4,526€798▼ 82.4%
Remuneration and social security454/9-€3,500€1,600--€3,300-
Other amounts payable47/48-€11,315€5,914€7,772€9,824€45,231▲ 360%
Line202020212022202320242025Change
Profit (loss) for the period9904€6,096€8,201-€18,262€18,254€15,868€15,075▼ 5.0%
+ Depreciation and write-downs630-€881€1,581€693€638€1,049▲ 64.5%
Operating cash flow (approximation)€6,096€9,083-€16,681€18,947€16,505€16,124▼ 2.3%
Investment in fixed assets (approximation)--€4,791€1,503€1,299-€2,639-€8,512▼ 223%
Change in cash--€1,949-€9,604€1,269€22,218€1,014▼ 95.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 01-06-2026 2026-00128435
31-12-2024 micro format 08-07-2025 2025-00242447
31-12-2023 micro format 25-07-2024 2024-00281919
31-12-2022 micro format 29-08-2023 2023-00369320
31-12-2021 micro format 31-08-2022 2022-20390652
31-12-2020 micro format 17-09-2021 2021-67500231

Similar companies · same sector, comparable size

Of the 22,617 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,446. 3,791 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.