NEI GROUP
ActiveSummary
The computed 12-month bankruptcy probability of NEI GROUP is 2.4% (moderate). The 2024 annual accounts show equity of €23k and a net result of €11k. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 64% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+74
Solvency81▼-15
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 3.12 in 2023; short-term debt: 44.1% and cash: 52.4% of total assets), and 44.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.9%
Return on assets
27.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-06-2025, 53 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
53 d early
2023
34 d early
2022
53 d late
2021
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 98.8%
2023 · €11k
2021: €6klowest in 4 years
2022: €12k▲ +99.5% vs 2021
2023: €11k▼ -0.9% vs 2022
2024: €23k▲ +98.8% vs 2023highest in 4 years
2021 → 2024
Total assets
€41k▲ 151%
2023 · €16k
2021: €25k
2022: €28k▲ +11.1% vs 2021
2023: €16k▼ -42.1% vs 2022lowest in 4 years
2024: €41k▲ +151% vs 2023highest in 4 years
2021 → 2024
Net result
€11k
2023 · €-936
2021: €6k
2022: €6k▼ -0.5% vs 2021
2023: €-936▼ -116% vs 2022lowest in 4 years
2024: €11k▲ +1311% vs 2023highest in 4 years
2021 → 2024
Working capital
€23k▲ 125%
2023 · €10k
2021: €6klowest in 4 years
2022: €10k▲ +69.9% vs 2021
2023: €10k▲ +2.6% vs 2022
2024: €23k▲ +125% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€12k▲ 99.5%€11k▼ 0.9%€23k▲ 98.8%
2021: €6klowest in 4 years
2022: €12k▲ +99.5% vs 2021
2023: €11k▼ -0.9% vs 2022
2024: €23k▲ +98.8% vs 2023highest in 4 years
Operating result€7k-€8k▲ 8.3%€-456€16k
2021: €7k
2022: €8k▲ +8.3% vs 2021
2023: €-456▼ -106% vs 2022lowest in 4 years
2024: €16k▲ +3545% vs 2023highest in 4 years
Net result€6k-€6k▼ 0.5%€-936€11k
2021: €6k
2022: €6k▼ -0.5% vs 2021
2023: €-936▼ -116% vs 2022lowest in 4 years
2024: €11k▲ +1311% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €16k after a loss of €456 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€77 ▼ 94.3%
Current assets
€41k ▲ 174%
Equity and liabilities €41k
Equity
€23k ▲ 98.8%
Debt
€18k ▲ 278%
Debt's share of the balance-sheet total rises from 29.3% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €844
Cash flow
€13k▲
2023 · €364
Current ratio
2.26▼
2023 · 3.12
Debt to equity
0.79▲
2023 · 0.42
ROE
49.7%▲
2023 · -8.2%
ROA
27.8%▲
2023 · -5.8%
Interest coverage
56.21▲
2023 · 1.76
Debt ≤ 1 year
€18k▲
2023 · €5k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet
Code20232024
Assets
Total assets20/58€16k€41k▲
Fixed assets21/28€1k€77▼
Tangible fixed assets22/27€1k€77▼
Furniture and vehicles24€1k€77▼
Current assets29/58€15k€41k▲
Amounts receivable within one year40/41€2k€19k▲
Trade receivables40-€17k
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€13k€21k▲
Equity and liabilities
Total equity and liabilities10/49€16k€41k▲
Equity10/15€11k€23k▲
Profit (loss) carried forward14€11k€23k▲
Amounts payable17/49€5k€18k▲
Amounts payable within one year42/48€5k€18k▲
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€3k€14k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€2k€18k▲
Operating profit (loss)9901€-456€16k▲
Financial charges65/66B€481€302▼
Recurring financial charges65€481€302▼
Profit (loss) for the period before taxes9903€-936€15k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-936€11k▲
Profit (loss) for the period to be appropriated9905€-936€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€23k▲
Profit (loss) brought forward from the previous period14P€12k€11k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1k | €1k | €1k | ▼ 1.0% |
| Other operating charges640/8 | - | €702 | €1k | €1k | ▼ 20.5% |
| Gross operating margin9900 | €7k | €10k | €2k | €18k | ▲ 753% |
| Operating profit (loss)9901 | €7k | €8k | €-456 | €16k | ▲ 3,545% |
| Financial charges65/66B | - | €34 | €481 | €302 | ▼ 37.1% |
| Recurring financial charges65 | - | €34 | €481 | €302 | ▼ 37.1% |
| Profit (loss) for the period before taxes9903 | €7k | €8k | €-936 | €15k | ▲ 1,744% |
| Income taxes67/77 | €2k | €2k | - | €4k | - |
| Profit (loss) for the period9904 | €6k | €6k | €-936 | €11k | ▲ 1,311% |
| Profit (loss) for the period to be appropriated9905 | €6k | €6k | €-936 | €11k | ▲ 1,311% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €25k | €28k | €16k | €41k | ▲ 151% |
| Fixed assets21/28 | - | €3k | €1k | €77 | ▼ 94.3% |
| Tangible fixed assets22/27 | - | €3k | €1k | €77 | ▼ 94.3% |
| Furniture and vehicles24 | - | €3k | €1k | €77 | ▼ 94.3% |
| Current assets29/58 | €25k | €25k | €15k | €41k | ▲ 174% |
| Amounts receivable within one year40/41 | €25k | €17k | €2k | €19k | ▲ 773% |
| Trade receivables40 | €24k | €3k | - | €17k | - |
| Other amounts receivable41 | €1k | €14k | €2k | €2k | ▲ 8.1% |
| Cash at bank and in hand54/58 | €4 | €8k | €13k | €21k | ▲ 69.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €25k | €28k | €16k | €41k | ▲ 151% |
| Equity10/15 | €6k | €12k | €11k | €23k | ▲ 98.8% |
| Profit (loss) carried forward14 | €6k | €12k | €11k | €23k | ▲ 98.8% |
| Amounts payable17/49 | €19k | €16k | €5k | €18k | ▲ 278% |
| Amounts payable within one year42/48 | €19k | €16k | €5k | €18k | ▲ 278% |
| Trade debts44 | €7k | €847 | €2k | - | - |
| Suppliers440/4 | €7k | €847 | €2k | - | - |
| Taxes, remuneration and social security45 | €2k | €7k | - | €4k | - |
| Taxes450/3 | €2k | €7k | - | €4k | - |
| Other amounts payable47/48 | €11k | €7k | €3k | €14k | ▲ 338% |
| Accrued charges and deferred income492/3 | - | €942 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €6k | €-936 | €11k | ▲ 1,311% |
| + Depreciation and write-downs630 | - | €1k | €1k | €1k | ▼ 1.0% |
| Operating cash flow (approximation) | €6k | €7k | €364 | €13k | ▲ 3,372% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | €8k | €4k | €9k | ▲ 104% |
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
2025
08-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-936
Net result drops to €-936, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Asse · 1 establishment unit since 2021
Ground area
1.4 ha
Building footprint
3,496 m²
Volume, LiDAR
68,525 m³
2 parcels, Brussels, Flanders · tallest building 45.9 m, ±14 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
NEI GROUP
since 20212.326.310.418
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002F0049/00Z005 | Flanders | 1.1 ha | 1 · 2,214 m² | 14.5 m · 2 fl. |
| 21012A0028/00M000 | Brussels | 3,200 m² | 1 · 1,282 m² | 45.9 m · 14 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 11,862 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
Founded07-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43221Plumbing work
43422Screed work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.