NEGO
ActiveSummary
NEGO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €284,390. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+20
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 42.22 against 19.38 in 2024; short-term debt: 2.2% and cash: 2.5% of total assets), and 2.3% of the assets are financed with debt.
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Signals
Five 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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
97.7%
Return on assets
16.3%
Age of the figures
13 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 31-08-2025 was due by 31-03-2026 and was filed on 26-02-2026, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
33 d early
2024
14 d early
2023
11 d early
2022
14 d late
2021
22 d early
2020
22 d early
2019
14 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 15 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close29-09-2026 today31-03-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.7m▲ 20.0%
2024 · €1.4m
Total assets
€1.7m▲ 16.8%
2024 · €1.5m
Net result
€284,390▲ 52.2%
2024 · €186,841
Working capital
€1.6m▲ 24.0%
2024 · €1.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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€59,056▼ 60.0%€165,363▲ 180%€243,826▲ 47.4%€217,464▼ 10.8%€230,792▲ 6.1%
Net result€63,527above the sector's middle half▼ 33.3%€114,262above the sector's middle half▲ 79.9%€177,419above the sector's middle half▲ 55.3%€186,841above the sector's middle half▲ 5.3%€284,390above the sector's middle half▲ 52.2%
Equity€943,447above the sector's middle half▲ 7.2%€1.1mabove the sector's middle half▲ 12.1%€1.2mabove the sector's middle half▲ 16.8%€1.4mabove the sector's middle half▲ 15.1%€1.7mabove the sector's middle half▲ 20.0%
Total assets€1.1mabove the sector's middle half▼ 11.7%€1.2mabove the sector's middle half▲ 3.7%€1.4mabove the sector's middle half▲ 20.3%€1.5mabove the sector's middle half▲ 6.3%€1.7mabove the sector's middle half▲ 16.8%
Debt€184,564▼ 53.5%€112,178▼ 39.2%€171,847▲ 53.2%€73,571▼ 57.2%€40,329▼ 45.2%
Working capital€765,881above the sector's middle half▲ 12.3%€910,076above the sector's middle half▲ 18.8%€1.1mabove the sector's middle half▲ 22.5%€1.3mabove the sector's middle half▲ 16.0%€1.6mabove the sector's middle half▲ 24.0%
Solvency83.6%above the sector's middle half▲ 14.7pp90.4%above the sector's middle half▲ 6.8pp87.8%above the sector's middle half▼ 2.6pp95.1%above the sector's middle half▲ 7.3pp97.7%above the sector's middle half▲ 2.6pp
Current ratio5.32above the sector's middle half▲ 2.549.37above the sector's middle half▲ 4.057.58above the sector's middle half▼ 1.7919.38above the sector's middle half▲ 11.8042.22above the sector's middle half▲ 22.84
Return on assets (ROA)5.6%within the sector's middle half▼ 1.8pp9.8%within the sector's middle half▲ 4.1pp12.6%within the sector's middle half▲ 2.8pp12.5%within the sector's middle half▼ 0.1pp16.3%within the sector's middle half▲ 3.8pp
Staff (FTE)0.51▲ 100%1=0.5▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€103,433 ▼ 21.5%
Current assets
€1.6m ▲ 20.5%
Equity and liabilities €1.7m
Equity
€1.7m ▲ 20.0%
Debt
€40,329 ▼ 45.2%
Debt's share of the balance-sheet total falls from 4.9% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€270,592▲
2024 · €254,237
Cash flow
€324,189▲
2024 · €223,614
Debt to equity
0.02▼
2024 · 0.05
ROE
16.7%▲
2024 · 13.1%
Interest coverage
12.75▲
2024 · -11.24
Debt ≤ 1 year
€38,920▼
2024 · €70,380
Income taxes
€92,035▲
2024 · €80,633
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 20,134 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,124 | - | - |
| Remuneration, social security and pensions62 | - | €14,542 | €16,054 | €9,805 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,352 | €34,734 | €32,212 | €36,773 | €39,799 | ▲ 8.2% |
| Other operating charges640/8 | - | €4,327 | €3,908 | €4,453 | €2,829 | ▼ 36.5% |
| Non-recurring operating charges66A | - | €62 | €63 | €131 | €116 | ▼ 11.3% |
| Gross operating margin9900 | €131,583 | €219,028 | €296,063 | €268,625 | €273,537 | ▲ 1.8% |
| Operating profit (loss)9901 | €59,056 | €165,363 | €243,826 | €217,464 | €230,792 | ▲ 6.1% |
| Financial income75/76B | - | €80,512 | €14,973 | €27,390 | €166,851 | ▲ 509% |
| Recurring financial income75 | €41,605 | €80,512 | €14,973 | €27,390 | €166,851 | ▲ 509% |
| Financial charges65/66B | - | €74,560 | €2,351 | -€22,620 | €21,218 | ▲ 194% |
| Recurring financial charges65 | €4,529 | €74,560 | €2,351 | -€22,620 | €21,218 | ▲ 194% |
| Profit (loss) for the period before taxes9903 | €96,132 | €171,315 | €256,448 | €267,474 | €376,425 | ▲ 40.7% |
| Income taxes67/77 | €32,606 | €57,053 | €79,029 | €80,633 | €92,035 | ▲ 14.1% |
| Profit (loss) for the period9904 | €63,527 | €114,262 | €177,419 | €186,841 | €284,390 | ▲ 52.2% |
| Profit (loss) for the period to be appropriated9905 | €98,856 | €114,262 | €177,419 | €186,841 | €284,390 | ▲ 52.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.2m | €1.4m | €1.5m | €1.7m | ▲ 16.8% |
| Fixed assets21/28 | €184,733 | €151,040 | €122,498 | €131,768 | €103,433 | ▼ 21.5% |
| Intangible fixed assets21 | €3,600 | €1,190 | - | - | - | - |
| Tangible fixed assets22/27 | €181,133 | €149,850 | €122,498 | €131,768 | €103,433 | ▼ 21.5% |
| Land and buildings22 | - | €117,377 | €97,218 | €77,059 | €61,155 | ▼ 20.6% |
| Furniture and vehicles24 | - | €8,326 | €7,919 | €39,149 | €29,776 | ▼ 23.9% |
| Other tangible fixed assets26 | - | €24,146 | €17,360 | €15,561 | €12,501 | ▼ 19.7% |
| Current assets29/58 | €943,278 | €1.0m | €1.3m | €1.4m | €1.6m | ▲ 20.5% |
| Amounts receivable within one year40/41 | €80,819 | €94,402 | €228,944 | €215,809 | €469,434 | ▲ 118% |
| Trade receivables40 | - | €21,780 | €77,939 | €34,709 | €16,630 | ▼ 52.1% |
| Other amounts receivable41 | - | €72,622 | €151,005 | €181,100 | €452,804 | ▲ 150% |
| Current investments50/53 | €771,882 | €716,606 | €879,753 | €972,192 | €1.1m | ▲ 14.4% |
| Cash at bank and in hand54/58 | €83,224 | €194,246 | €155,647 | €160,992 | €43,470 | ▼ 73.0% |
| Deferred charges and accrued income490/1 | - | €13,594 | €20,133 | €14,779 | €18,240 | ▲ 23.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.4m | €1.5m | €1.7m | ▲ 16.8% |
| Equity10/15 | €943,447 | €1.1m | €1.2m | €1.4m | €1.7m | ▲ 20.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €924,847 | €1.0m | €1.2m | €1.4m | €1.7m | ▲ 20.3% |
| Non-distributable reserves130/1 | - | €1.0m | €1.2m | €1.4m | €1.7m | ▲ 20.6% |
| Reserves not available under the articles1311 | - | €33,680 | €33,680 | - | - | - |
| Other1319 | - | €984,379 | €1.2m | €1.4m | €1.7m | ▲ 20.6% |
| Tax-exempt reserves132 | - | €21,049 | €21,049 | €21,049 | €21,049 | = |
| Distributable reserves133 | - | - | - | €4,478 | €4,478 | = |
| Amounts payable17/49 | €184,564 | €112,178 | €171,847 | €73,571 | €40,329 | ▼ 45.2% |
| Amounts payable within one year42/48 | €177,397 | €108,772 | €169,478 | €70,380 | €38,920 | ▼ 44.7% |
| Trade debts44 | €23,913 | €15,608 | €11,350 | €12,282 | €12,148 | ▼ 1.1% |
| Suppliers440/4 | - | €15,608 | €11,350 | €12,282 | €12,148 | ▼ 1.1% |
| Advances received on contracts in progress46 | - | €22,788 | €79,200 | €9,895 | - | - |
| Taxes, remuneration and social security45 | - | €12,720 | €37,369 | €22,921 | €21,303 | ▼ 7.1% |
| Taxes450/3 | - | €10,185 | €34,546 | €22,921 | €21,303 | ▼ 7.1% |
| Remuneration and social security454/9 | - | €2,534 | €2,823 | - | - | - |
| Other amounts payable47/48 | - | €57,657 | €41,559 | €25,281 | €5,469 | ▼ 78.4% |
| Accrued charges and deferred income492/3 | - | €3,406 | €2,369 | €3,191 | €1,409 | ▼ 55.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,527 | €114,262 | €177,419 | €186,841 | €284,390 | ▲ 52.2% |
| + Depreciation and write-downs630 | €55,352 | €34,734 | €32,212 | €36,773 | €39,799 | ▲ 8.2% |
| Operating cash flow (approximation) | €118,879 | €148,996 | €209,631 | €223,614 | €324,189 | ▲ 45.0% |
| Investment in fixed assets (approximation) | - | -€1,040 | -€3,670 | -€46,043 | -€11,464 | ▲ 75.1% |
| Change in cash | - | €111,021 | -€38,598 | €5,344 | -€117,522 | ▼ 2,299% |
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
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
Financial
Highest result since 2019net €284,390 ▲52.2%
Net result €284,390, the highest in the series.
31-08
Financial
Liquidity doublescurrent ratio 42.22
Current ratio from 19.38 to 42.22; short-term debt falls from €70,380 to €38,920.
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
Financial
Liquidity triplescurrent ratio 19.38
Current ratio from 7.58 to 19.38; short-term debt falls from €169,478 to €70,380.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-08
Financial
Equity above €1mEq €1.1m ▲12.1%
4 profitable years in a row build equity to €1.1m.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial
Weakest financial yearnet €63,527 ▼33.3%
Net result drops to €63,527, the lowest in the series; recovery starts the following year.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-03
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.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Nazareth-De Pinte · 2 establishment units since 2003
Ground area
2,287 m²
Building footprint
483 m²
Volume, LiDAR
1,842 m³
2 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Kasteelstraat 6, 9810 Nazareth-De Pinte
since 20032.126.566.335
NEGO
since 20202.308.587.429
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048F0011/00C000 | Flanders | 1,356 m² | 1 · 312 m² | 12.4 m · 2 fl. |
| 44048A0359/00B015 | Flanders | 931 m² | 1 · 171 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 326 EUR awarded · 457 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 131 EUR |
| 2022 | 1 | 326 EUR | 326 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600OVPBTWB84FIT40
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Of 11,672 companies in sector 85599 we hold annual accounts for 1,330. 384 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
Founded26-02-2003
Fiscal year end31-08
Activities, NACEBEL 2025
85599Other education
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Contact
E-mail
info@dirkvanpoucke.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479657080
Also
9925:BE0479657080
Registered
16-09-2025
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.