Summary
NEEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €16.8m and a net result of €1.1m. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 5558 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
58 d late
2022
58 d late
2021
30 d late
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by equity in Hoogstraten, Finance and insurance sector#7 company by total assets in Hoogstraten, Finance and insurance sector
Equity
€16.8m▲ 3.2%
2024 · €16.3m
Net result
€1.1m▲ 30.9%
2024 · €809,941
Total assets
€16.8m▲ 3.2%
2024 · €16.3m
Solvency
100.0%=
2024 · 100.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€18,991▲ 5.4%-€13,095▲ 31.0%-€570,028▼ 4,253%€79,237-€7,815
Net result€990,688▲ 928%-€403,666-€28,398▲ 93.0%€809,941€1.1m▲ 30.9%
Equity€16.4m▲ 1.8%€15.9m▼ 2.9%€15.4m▼ 3.0%€16.3m▲ 5.4%€16.8m▲ 3.2%
Total assets€16.4m▲ 1.8%€15.9m▼ 2.9%€15.4m▼ 3.0%€16.3m▲ 5.4%€16.8m▲ 3.2%
Debt€4,436▲ 45.0%€1,154▼ 74.0%€8,053▲ 598%€4,046▼ 49.8%€8,193▲ 103%
Working capital€14.4m▲ 5.1%€13.9m▼ 3.3%€12.2m▼ 12.0%€13.1m▲ 6.9%€13.6m▲ 4.1%
Solvency100.0%=100.0%=99.9%=100.0%=100.0%=
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7,815 after €79,237 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.8m
Fixed assets
€3.2m ▼ 0.4%
Current assets
€13.6m ▲ 4.1%
Equity and liabilities €16.8m
Equity
€16.8m ▲ 3.2%
Debt
€8,193 ▲ 103%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
ROE
6.3%▲
2024 · 5.0%
ROA
6.3%▲
2024 · 5.0%
Debt ≤ 1 year
€2,693▲
2024 · €1,296
Income taxes
-€499▼
2024 · €19,142
A ratio outside any meaningful range has been withheld (balance sheet total €16.8m, equity €16.8m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €22,000 | €391,081 | €72,161 | ▼ 81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,369 | €332 | €11,089 | €13,647 | €13,574 | ▼ 0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €256,288 | - | - |
| Other operating charges640/8 | €3,353 | €2,670 | €4,926 | €24,134 | €46,528 | ▲ 92.8% |
| Non-recurring operating charges66A | - | - | €494,888 | €0 | - | - |
| Gross operating margin9900 | -€1,269 | -€10,094 | -€59,125 | €373,305 | €52,287 | ▼ 86.0% |
| Operating profit (loss)9901 | -€18,991 | -€13,095 | -€570,028 | €79,237 | -€7,815 | ▼ 110% |
| Financial income75/76B | €1.9m | €405,752 | €1.3m | €972,851 | €1.0m | ▲ 7.3% |
| Recurring financial income75 | €1.9m | €405,752 | €1.3m | €972,851 | €1.0m | ▲ 7.3% |
| Financial charges65/66B | €925,184 | €795,936 | €794,993 | €223,005 | -€23,675 | ▼ 111% |
| Recurring financial charges65 | €525,184 | €795,936 | €794,993 | €223,005 | -€23,675 | ▼ 111% |
| Non-recurring financial charges66B | €400,000 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €991,067 | -€403,280 | -€28,046 | €829,083 | €1.1m | ▲ 27.8% |
| Income taxes67/77 | €379 | €386 | €353 | €19,142 | -€499 | ▼ 103% |
| Profit (loss) for the period9904 | €990,688 | -€403,666 | -€28,398 | €809,941 | €1.1m | ▲ 30.9% |
| Profit (loss) for the period to be appropriated9905 | €990,688 | -€403,666 | -€28,398 | €809,941 | €1.1m | ▲ 30.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16.4m | €15.9m | €15.4m | €16.3m | €16.8m | ▲ 3.2% |
| Fixed assets21/28 | €2.0m | €2.0m | €3.2m | €3.2m | €3.2m | ▼ 0.4% |
| Tangible fixed assets22/27 | €831,255 | €831,444 | €886,379 | €873,421 | €860,656 | ▼ 1.5% |
| Land and buildings22 | €279,000 | €279,000 | €279,000 | €279,000 | €279,000 | = |
| Furniture and vehicles24 | €821 | €1,010 | €55,945 | €42,987 | €30,222 | ▼ 29.7% |
| Other tangible fixed assets26 | €551,434 | €551,434 | €551,434 | €551,434 | €551,434 | = |
| Financial fixed assets28 | €1.2m | €1.2m | €2.3m | €2.3m | €2.3m | = |
| Current assets29/58 | €14.4m | €13.9m | €12.2m | €13.1m | €13.6m | ▲ 4.1% |
| Amounts receivable within one year40/41 | €8.0m | €8.5m | €7.3m | €8.8m | €9.2m | ▲ 4.6% |
| Other amounts receivable41 | €8.0m | €8.5m | €7.3m | €8.8m | €9.2m | ▲ 4.6% |
| Current investments50/53 | €5.0m | €4.8m | €4.8m | €4.2m | €4.4m | ▲ 4.7% |
| Cash at bank and in hand54/58 | €1.4m | €608,925 | €131,270 | €86,127 | €21,829 | ▼ 74.7% |
| Deferred charges and accrued income490/1 | - | - | €730 | €0 | €1,697 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16.4m | €15.9m | €15.4m | €16.3m | €16.8m | ▲ 3.2% |
| Equity10/15 | €16.4m | €15.9m | €15.4m | €16.3m | €16.8m | ▲ 3.2% |
| Contributions10/11 | €304,950 | €304,950 | €304,950 | €304,950 | €304,950 | = |
| Reserves13 | €16.1m | €15.6m | €15.1m | €16.0m | €16.5m | ▲ 3.2% |
| Non-distributable reserves130/1 | €30,495 | €30,495 | €30,495 | €0 | - | - |
| Reserves not available under the articles1311 | €30,495 | €30,495 | €30,495 | €0 | - | - |
| Distributable reserves133 | €16.0m | €15.6m | €15.1m | €16.0m | €16.5m | ▲ 3.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €4,436 | €1,154 | €8,053 | €4,046 | €8,193 | ▲ 103% |
| Amounts payable within one year42/48 | €3,914 | €1,154 | €2,553 | €1,296 | €2,693 | ▲ 108% |
| Trade debts44 | €503 | - | - | - | €596 | - |
| Suppliers440/4 | €503 | - | - | - | €596 | - |
| Taxes, remuneration and social security45 | - | €1,154 | €2,553 | €1,296 | €2,071 | ▲ 59.8% |
| Taxes450/3 | - | €1,154 | €2,553 | €1,296 | €2,071 | ▲ 59.8% |
| Other amounts payable47/48 | €3,411 | - | - | - | €27 | - |
| Accrued charges and deferred income492/3 | €522 | - | €5,500 | €2,750 | €5,500 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €990,688 | -€403,666 | -€28,398 | €809,941 | €1.1m | ▲ 30.9% |
| + Depreciation and write-downs630 | €14,369 | €332 | €11,089 | €13,647 | €13,574 | ▼ 0.5% |
| Operating cash flow (approximation) | €1.0m | -€403,334 | -€17,310 | €823,588 | €1.1m | ▲ 30.4% |
| Investment in fixed assets (approximation) | - | -€526 | -€1.2m | -€689 | -€811 | ▼ 17.7% |
| Change in cash | - | -€762,211 | -€477,655 | -€45,143 | -€64,298 | ▼ 42.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.1m ▲30.9%
Net result €1.1m, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €809,941
Net result €809,941 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 10094.17
Current ratio from 4792.27 to 10094.17; short-term debt falls from €2,553 to €1,296.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
31-12
Financial
Weakest financial yearnet -€403,666
Net result drops to -€403,666, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 12053.06
Current ratio from 3674.72 to 12053.06; short-term debt falls from €3,914 to €1,154.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €147,010
Net result €147,010 after one loss-making year.
31-12
Financial
Liquidity times 46current ratio 9630.22
Current ratio from 208.88 to 9630.22; short-term debt falls from €60,327 to €1,412.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hoogstraten · 1 establishment unit since 2008
Ground area
748 m²
Building footprint
131 m²
Volume, LiDAR
1,021 m³
Parcel 13014D0155/00H000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEEL B.V.
since 20082.174.120.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014D0155/00H000 | Flanders | 748 m² | 1 · 131 m² | 11.9 m · 3 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.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 4,674 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.