NEERSTROATE 28
ActiveSummary
NEERSTROATE 28 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,520 and a net result of €46,797. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-14
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 3.11 against 14.14 in 2024; short-term debt: 31.7% and cash: 56.3% of total assets), and 32% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
68%
Return on assets
14.1%
Age of the figures
9 mo
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 7 filingsDeviation from the deadline
2025
7 d late
2024
6 d late
2023
94 d late
2022
483 d late
2021
848 d late
2020
22 d early
2019
15 d early
← 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 200 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 (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. Usually files around 3 November (4 of the last 5 filed years within 388 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€225,520▲ 26.2%
2024 · €178,723
Total assets
€331,610▲ 61.7%
2024 · €205,018
Net result
€46,797▼ 24.0%
2024 · €61,548
Working capital
€222,549▲ 16.8%
2024 · €190,515
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€65,013▲ 204%€60,171▼ 7.4%-€4,468€81,904€65,976▼ 19.4%
Net result€44,853within the sector's middle half▲ 178%€39,203above the sector's middle half▼ 12.6%-€5,501below the sector's middle half€61,548above the sector's middle half€46,797above the sector's middle half▼ 24.0%
Equity€83,472below the sector's middle half▲ 116%€125,827within the sector's middle half▲ 50.7%€117,175within the sector's middle half▼ 6.9%€178,723above the sector's middle half▲ 52.5%€225,520above the sector's middle half▲ 26.2%
Total assets€116,816below the sector's middle half▲ 60.0%€149,399within the sector's middle half▲ 27.9%€145,779within the sector's middle half▼ 2.4%€205,018within the sector's middle half▲ 40.6%€331,610within the sector's middle half▲ 61.7%
Debt€33,344▼ 3.1%€23,572▼ 29.3%€28,604▲ 21.3%€26,295▼ 8.1%€106,090▲ 303%
Working capital€82,904within the sector's middle half▲ 121%€125,543above the sector's middle half▲ 51.4%€117,175above the sector's middle half▼ 6.7%€190,515above the sector's middle half▲ 62.6%€222,549above the sector's middle half▲ 16.8%
Solvency71.5%above the sector's middle half▲ 18.6pp84.2%above the sector's middle half▲ 12.8pp80.4%above the sector's middle half▼ 3.8pp87.2%above the sector's middle half▲ 6.8pp68.0%within the sector's middle half▼ 19.2pp
Current ratio3.49above the sector's middle half▲ 1.406.33above the sector's middle half▲ 2.845.10above the sector's middle half▼ 1.2314.14above the sector's middle half▲ 9.043.11within the sector's middle half▼ 11.02
Return on assets (ROA)38.4%above the sector's middle half▲ 16.3pp26.2%above the sector's middle half▼ 12.2pp-3.8%below the sector's middle half▼ 30.0pp30.0%above the sector's middle half▲ 33.8pp14.1%above the sector's middle half▼ 15.9pp
Staff (FTE)0below the sector's middle half
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.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331,610
Fixed assets
€3,785
Current assets
€327,825
Equity and liabilities €331,610
Equity
€225,520 ▲ 26.2%
Debt
€106,090 ▲ 303%
Debt's share of the balance-sheet total rises from 12.8% to 32.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66,012▼
2024 · €81,904
Cash flow
€46,833▼
2024 · €61,548
Quick ratio
2.73▼
2024 · 14.14
Debt to equity
0.47▲
2024 · 0.15
ROE
20.8%▼
2024 · 34.4%
Interest coverage
58.12▼
2024 · 823.57
Debt ≤ 1 year
€105,276▲
2024 · €14,503
Income taxes
€18,049▼
2024 · €20,256
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 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% | 1.9% |
| 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 26,975 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €534 | €285 | €284 | €0 | €36 | - |
| Other operating charges640/8 | €270 | €272 | €5,370 | €12,478 | €12,980 | ▲ 4.0% |
| Gross operating margin9900 | €65,817 | €60,728 | €1,186 | €94,382 | €78,991 | ▼ 16.3% |
| Operating profit (loss)9901 | €65,013 | €60,171 | -€4,468 | €81,904 | €65,976 | ▼ 19.4% |
| Financial income75/76B | - | - | €0 | €0 | €6 | - |
| Recurring financial income75 | - | - | €0 | €0 | €6 | - |
| Financial charges65/66B | €407 | €613 | €1,033 | €99 | €1,136 | ▲ 1,042% |
| Recurring financial charges65 | €407 | €613 | €1,033 | €99 | €1,136 | ▲ 1,042% |
| Profit (loss) for the period before taxes9903 | €64,606 | €59,558 | -€5,501 | €81,804 | €64,846 | ▼ 20.7% |
| Income taxes67/77 | €19,753 | €20,355 | €0 | €20,256 | €18,049 | ▼ 10.9% |
| Profit (loss) for the period9904 | €44,853 | €39,203 | -€5,501 | €61,548 | €46,797 | ▼ 24.0% |
| Profit (loss) for the period to be appropriated9905 | €44,853 | €39,203 | -€5,501 | €61,548 | €46,797 | ▼ 24.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €116,816 | €149,399 | €145,779 | €205,018 | €331,610 | ▲ 61.7% |
| Formation expenses20 | €568 | €284 | €0 | - | - | - |
| Fixed assets21/28 | €0 | - | - | - | €3,785 | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | - | - | - | - | €3,785 | - |
| Plant, machinery and equipment23 | - | - | - | - | €3,785 | - |
| Current assets29/58 | €116,248 | €149,115 | €145,779 | €205,018 | €327,825 | ▲ 59.9% |
| Amounts receivable after more than one year29 | - | €40,842 | - | - | - | - |
| Trade receivables290 | - | €40,842 | - | - | - | - |
| Stocks and contracts in progress3 | - | - | - | - | €40,140 | - |
| Stocks30/36 | - | - | - | - | €40,140 | - |
| Amounts receivable within one year40/41 | €70,543 | - | €58,832 | €185,121 | €100,832 | ▼ 45.5% |
| Trade receivables40 | €62,103 | - | €43,247 | €54,037 | €95,783 | ▲ 77.3% |
| Other amounts receivable41 | €8,440 | - | €15,585 | €131,085 | €5,049 | ▼ 96.1% |
| Cash at bank and in hand54/58 | €45,704 | €108,273 | €86,947 | €19,897 | €186,853 | ▲ 839% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €116,816 | €149,399 | €145,779 | €205,018 | €331,610 | ▲ 61.7% |
| Equity10/15 | €83,472 | €125,827 | €117,175 | €178,723 | €225,520 | ▲ 26.2% |
| Contributions10/11 | €15,000 | €50,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €68,472 | €75,827 | €102,175 | €160,000 | €200,000 | ▲ 25.0% |
| Non-distributable reserves130/1 | - | €1,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,500 | - | - | - | - |
| Distributable reserves133 | €68,472 | €74,327 | €102,175 | €160,000 | €200,000 | ▲ 25.0% |
| Profit (loss) carried forward14 | - | - | - | €3,723 | €10,520 | ▲ 183% |
| Amounts payable17/49 | €33,344 | €23,572 | €28,604 | €26,295 | €106,090 | ▲ 303% |
| Amounts payable within one year42/48 | €33,344 | €23,572 | €28,604 | €14,503 | €105,276 | ▲ 626% |
| Trade debts44 | €4,357 | - | €9,632 | €208 | €95,399 | ▲ 45,860% |
| Suppliers440/4 | €4,357 | - | €9,632 | €208 | €95,399 | ▲ 45,860% |
| Taxes, remuneration and social security45 | €28,987 | €22,657 | €18,972 | €14,296 | €7,987 | ▼ 44.1% |
| Taxes450/3 | €27,987 | €22,657 | €18,972 | €13,296 | €7,987 | ▼ 39.9% |
| Remuneration and social security454/9 | €1,000 | - | - | €1,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €915 | €0 | - | €1,890 | - |
| Accrued charges and deferred income492/3 | - | - | - | €11,792 | €814 | ▼ 93.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,853 | €39,203 | -€5,501 | €61,548 | €46,797 | ▼ 24.0% |
| + Depreciation and write-downs630 | €534 | €285 | €284 | €0 | €36 | - |
| Operating cash flow (approximation) | €45,387 | €39,488 | -€5,217 | €61,548 | €46,833 | ▼ 23.9% |
| Change in cash | - | €62,569 | -€21,326 | -€67,051 | €166,956 | ▲ 349% |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Equity above €200,000Eq €225,520 ▲26.2%
2 profitable years in a row build equity to €225,520.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Back to profitnet €61,548
Net result €61,548 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 14.14
Current ratio from 5.10 to 14.14; short-term debt falls from €28,604 to €14,503.
31-12
Financial
Equity above €150,000Eq €178,723 ▲52.5%
Equity rises from €117,175 to €178,723.
25-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 483 days late
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 848 days late
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 94 days late
2023
31-12
Financial
Weakest financial yearnet -€5,501
Net result drops to -€5,501, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Equity above €100,000Eq €125,827 ▲50.7%
4 profitable years in a row build equity to €125,827.
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Zottegem · 1 establishment unit since 2019
Ground area
267 m²
Building footprint
257 m²
Volume, LiDAR
1,878 m³
Parcel 41081A0096/00D000, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NEERSTROATE 28 BV
since 20192.295.287.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41081A0096/00D000 | Flanders | 267 m² | 1 · 257 m² | 14.9 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
984500D43EF63BSJ8D53
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Of 552 companies in sector 46220 we hold annual accounts for 308. 234 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
Founded11-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46220Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
68201Renting and operating of own or leased residential real estate, excluding social housing
74140Other specialised design activities
77226Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735997396
Also
9925:BE0735997396
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.