NEED-R
Bankruptcy closedSummary
NEED-R was declared bankrupt on 21-04-2026 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 22-09-2026, published in the Belgian State Gazette on 28-09-2026. The 2023 annual accounts show equity of €5,217 and a net result of -€2,793.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-08-2024, 17 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
17 d late
2022
211 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Renting and leasing of other machinery, equipment and tangible goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€5,217▼ 34.9%
2022 · €8,010
Total assets
€81,961▲ 90.3%
2022 · €43,074
Net result
-€2,793▲ 65.0%
2022 · -€7,990
Working capital
-€9,288
2022 · €4,456
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result-€7,753--€531▲ 93.1%
Net result-€7,990below the sector's middle half--€2,793within the sector's middle half▲ 65.0%
Equity€8,010within the sector's middle half-€5,217within the sector's middle half▼ 34.9%
Total assets€43,074below the sector's middle half-€81,961within the sector's middle half▲ 90.3%
Debt€35,065-€76,744▲ 119%
Working capital€4,456within the sector's middle half--€9,288within the sector's middle half
Solvency18.6%within the sector's middle half-6.4%within the sector's middle half▼ 12.2pp
Current ratio1.13within the sector's middle half-0.88within the sector's middle half▼ 0.25
Return on assets (ROA)-18.6%below the sector's middle half--3.4%below the sector's middle half▲ 15.1pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €531 in 2023 against €7,753 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €81,961
Fixed assets
€14,505 ▲ 308%
Current assets
€67,456 ▲ 70.7%
Equity and liabilities €81,961
Equity
€5,217 ▼ 34.9%
Debt
€76,744 ▲ 119%
Debt's share of the balance-sheet total rises from 81.4% to 93.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€686▲
2022 · -€6,358
Cash flow
-€1,576▲
2022 · -€6,595
Debt to equity
14.71▲
2022 · 4.38
ROE
-53.5%▲
2022 · -99.8%
Interest coverage
0.32▼
2022 · 479.49
Debt ≤ 1 year
€76,744▲
2022 · €35,065
Income taxes
€125▼
2022 · €295
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,395 | €1,217 | ▼ 12.8% |
| Other operating charges640/8 | €4,519 | €1,531 | ▼ 66.1% |
| Non-recurring operating charges66A | €8,250 | - | - |
| Gross operating margin9900 | €6,411 | €2,216 | ▼ 65.4% |
| Operating profit (loss)9901 | -€7,753 | -€531 | ▲ 93.1% |
| Financial income75/76B | €45 | €0 | ▼ 100.0% |
| Recurring financial income75 | €45 | €0 | ▼ 100.0% |
| Financial charges65/66B | -€13 | €2,137 | ▲ 16,217% |
| Recurring financial charges65 | -€13 | €2,137 | ▲ 16,217% |
| Profit (loss) for the period before taxes9903 | -€7,695 | -€2,668 | ▲ 65.3% |
| Income taxes67/77 | €295 | €125 | ▼ 57.8% |
| Profit (loss) for the period9904 | -€7,990 | -€2,793 | ▲ 65.0% |
| Profit (loss) for the period to be appropriated9905 | -€7,990 | -€2,793 | ▲ 65.0% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43,074 | €81,961 | ▲ 90.3% |
| Fixed assets21/28 | €3,553 | €14,505 | ▲ 308% |
| Tangible fixed assets22/27 | €3,415 | €12,417 | ▲ 264% |
| Plant, machinery and equipment23 | - | €988 | - |
| Furniture and vehicles24 | €3,415 | €11,429 | ▲ 235% |
| Financial fixed assets28 | €138 | €2,088 | ▲ 1,413% |
| Current assets29/58 | €39,521 | €67,456 | ▲ 70.7% |
| Amounts receivable within one year40/41 | €37,085 | €65,170 | ▲ 75.7% |
| Trade receivables40 | €35,087 | €55,680 | ▲ 58.7% |
| Other amounts receivable41 | €1,998 | €9,490 | ▲ 375% |
| Cash at bank and in hand54/58 | €1,563 | €2,054 | ▲ 31.4% |
| Deferred charges and accrued income490/1 | €873 | €232 | ▼ 73.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43,074 | €81,961 | ▲ 90.3% |
| Equity10/15 | €8,010 | €5,217 | ▼ 34.9% |
| Contributions10/11 | €16,000 | €16,000 | = |
| Profit (loss) carried forward14 | -€7,990 | -€10,783 | ▼ 35.0% |
| Amounts payable17/49 | €35,065 | €76,744 | ▲ 119% |
| Amounts payable within one year42/48 | €35,065 | €76,744 | ▲ 119% |
| Current portion of amounts payable after more than one year42 | €5,000 | - | - |
| Trade debts44 | €20,029 | €48,559 | ▲ 142% |
| Suppliers440/4 | €20,029 | €48,559 | ▲ 142% |
| Taxes, remuneration and social security45 | €10,036 | €28,185 | ▲ 181% |
| Taxes450/3 | €10,036 | €19,115 | ▲ 90.5% |
| Remuneration and social security454/9 | - | €9,070 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€7,990 | -€2,793 | ▲ 65.0% |
| + Depreciation and write-downs630 | €1,395 | €1,217 | ▼ 12.8% |
| Operating cash flow (approximation) | -€6,595 | -€1,576 | ▲ 76.1% |
| Investment in fixed assets (approximation) | - | -€12,169 | - |
| Change in cash | - | €491 | - |
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
2026
28-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 22-09-2026
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 21-04-2026
13-01
KBO administration
Address struck
event 21-12-2025
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 211 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Grimbergen · 1 establishment unit since 2022
Ground area
11.6 ha
Building footprint
5,400 m²
Volume, LiDAR
63,314 m³
2 parcels, Flanders, Wallonia · tallest building 19.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NEED-R
since 20222.330.828.341
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084B0061/00V000 | Flanders | 11.6 ha | 1 · 5,332 m² | 19.5 m · 3 fl. |
| 92302G0314/00X003 | Wallonia | 202 m² | 1 · 68 m² | 12.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
21-04-2026 → 22-09-2026 |
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Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
96210Hairdressing and barber services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.