NEF Consultancy
ActiveNEF Consultancy has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €5k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-52
Solvency83▲+16
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.06 in 2024), and 35.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
64.5%
Return on assets
0.7%
Age of the figures
11 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
2 d early
2021
16 d late
2020
on the day
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€425k▲ 1.1%
2024 · €420k
2018: €145k
2019: €128k
2020: €144k
2021: €222k
2022: €217k
2023: €371k
2024: €420k
2018 → 2025
Total assets
€658k▼ 31.9%
2024 · €967k
2018: €226k
2019: €247k
2020: €519k
2021: €556k
2022: €537k
2023: €940k
2024: €967k
2018 → 2025
Net result
€5k▼ 90.3%
2024 · €49k
2018: €20k
2019: €-17k
2020: €15k
2021: €79k
2022: €48k
2023: €153k
2024: €49k
2018 → 2025
Working capital
€33k▲ 25.9%
2024 · €26k
2018: €91k
2019: €55k
2020: €8k
2021: €81k
2022: €68k
2023: €-30k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€222k-€217k▼ 2.2%€371k▲ 70.5%€420k▲ 13.2%€425k▲ 1.1%
Operating result€115k-€81k▼ 30.0%€228k▲ 183%€-70k€-16k▲ 77.4%
Net result€79k-€48k▼ 39.2%€153k▲ 221%€49k▼ 68.0%€5k▼ 90.3%
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 stays negative: a loss of €16k in 2025 against €70k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €658k
Fixed assets
€483k▼ 6.1%
Current assets
€175k▼ 61.3%
Equity and liabilities €658k
Equity
€425k▲ 1.1%
Debt
€233k▼ 57.3%
The debt ratio falls from 56.6% to 35.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€14k▲
2024 · €-40k
Cash flow
€35k▼
2024 · €79k
Solvency
64.5%▲
2024 · 43.4%
Current ratio
1.23▲
2024 · 1.06
Quick ratio
1.23▲
2024 · 1.06
Debt / equity
0.55▼
2024 · 1.30
ROE
1.1%▼
2024 · 11.7%
ROA
0.7%▼
2024 · 5.1%
Interest coverage
8.04▲
2024 · -15.90
Debt
€233k▼
2024 · €547k
Debt ≤ 1 year
€142k▼
2024 · €426k
Debt > 1 year
€87k▼
2024 · €115k
Income taxes
€829▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€967k€658k▼
Fixed assets21/28€514k€483k▼
Tangible fixed assets22/27€512k€482k▼
Land and buildings22€479k€453k▼
Plant, machinery and equipment23€1k€949▼
Furniture and vehicles24€31k€28k▼
Financial fixed assets28€3k€1k▼
Current assets29/58€452k€175k▼
Amounts receivable after more than one year29€165k€101k▼
Other amounts receivable291€165k€101k▼
Amounts receivable within one year40/41€133k€2k▼
Trade receivables40€0€2k▲
Other amounts receivable41€133k€0▼
Current investments50/53€140k€70k▼
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€7k€570▼
Equity and liabilities
Total equity and liabilities10/49€967k€658k▼
Equity10/15€420k€425k▲
Contributions10/11€6k€6k=
Reserves13€409k€413k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€19k€19k=
Distributable reserves133€390k€395k▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€547k€233k▼
Amounts payable after more than one year17€115k€87k▼
Financial debts170/4€115k€87k▼
Amounts payable within one year42/48€426k€142k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Financial debts43-€4
Credit institutions430/8-€4
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€4k€323▼
Taxes450/3€4k€323▼
Other amounts payable47/48€388k€108k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A-€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k=
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€0€2k▲
Gross operating margin9900€-38k€18k▲
Operating profit (loss)9901€-70k€-16k▲
Financial income75/76B€127k€23k▼
Recurring financial income75€127k€23k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€55k€6k▼
Income taxes67/77€6k€829▼
Profit (loss) for the period9904€49k€5k▼
Profit (loss) for the period to be appropriated9905€49k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€10k▼
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€49k€5k▼
To other reserves6921€49k€5k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €153k ▲221%
Operating result €228k, net result €153k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
30-09
Financial
Equity above €200kEq €222k ▲54.7%
2 profitable years in a row build equity to €222k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
30-09
Financial
Weakest financial yearnet €-17k ▼185%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jaargetijdenlaan 100-1021050 ElseneGround area
1,289 m²
Building footprint
1,331 m²
Volume, LiDAR
12,612 m³
Parcel 21445C0272/00M005, Brussels · tallest building 21.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NEF Consultancy
since 20092.176.392.067
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0272/00M005 | Brussels | 1,289 m² | 1 · 1,331 m² | 21.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Legal Entity Identifier
254900UYRJLGRLM8MT95
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Of 7,288 companies in sector 68110 we hold annual accounts for 5,354. 3,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2009
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.