NEL & CO

Active

Private limited companyfounded 2015active for 11 yearsKiekenmarkt 47, 1000 Brussel, BelgiumKBO/BCE: BE 0568.898.862

Summary

NEL & CO has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334,235 and a net result of €101,008. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 36% of 2,071 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

NEL & COActiveChecked score 91/100

Risk analysis Report Compare

Activity

Public relations and communication consultancy

NACE 73300Business and other management consultancy NACE 70200

2 sites

Size

≈ €600,000turnover 2025, estimated

Staff: 0.1 FTE
Equity: €334,235
Profit: €101,008

Turnover estimated from the gross margin

Financial health

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Holdings: 1

Laetitia WOLTERSDirector
Thierry HOFMANSDirector

2025 accounts 1 day early2 of 4 deeds summarised

Why 91raises riskLiquidity: current ratio 0.72, cash €45,645lowers riskSize: 0.1 FTE, total assets €1.2mFigures for financial year 2025 (filed 30-07-2026)Founded in 2015Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 44% of its sector peers (NACE 73, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 53+8

equity 27.5% of total assets

Liquidity 50-1

short-term debt 18.1% · cash 3.8%

Profitability 51-28

return on assets 8.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,223 companies, NACE 73, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 1.0%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -1.0 percentage point vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.72, compared with 0.44 in 2024, below 1; short-term debt: 18.1% and cash: 3.8% of total assets), and 72.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 32% on solvency, 33% on liquidity, 30% on profitability and 81% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Size: 0.1 FTE, total assets €1.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 30-07-2026)

NBB · annual accounts

Founded in 2015

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 0.72, cash €45,645

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

2 days early

2023

30 days late

2022

4 days early

2021

32 days early

2020

18 days late

2019

31 days 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 6 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Highest result from 2018 to 2025net €101,008 ▲6.1%
29-07-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: Equity rose in 2025from €233,227 to €334,235 ▲ 43.3% View
Board2 directors in office 2 View
Total assets 20256 financial years filed €1.2m View

By topic

Financials

Financial year: 2025
Total assets: €1.2m
Profit: €101,008
Solvency: 27.5%

Total assets▲ 3.8%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members

Laetitia WOLTERSDirector
Thierry HOFMANSDirector

Go to Board & ownership

Network & group

Subsidiaries: 1

1 subsidiary

Go to Network & group

Timeline

Events: 19
Since: 2016
Next accounts: by 31-07-2027

31-12-2024Equity above €200,000
30-08-2024Annual accounts filed
19-06-2024Registered office

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Public relations and communication consultancyNACE 73300
Founded: 20-01-2015
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 25

Annual meeting: First Wednesday of June at 17:00
Purpose: “Toutes opérations se rapportant aux activités de galerie d'art,de vente de…” (deed in French)

Go to Articles of association

Key facts about NEL & CO

What is the company number of NEL & CO?: 0568.898.862. In Belgium the VAT number is the company number with BE in front: BE 0568.898.862.
Where is NEL & CO based?: The registered office is at Kiekenmarkt 47, 1000 Brussel.Company details
What does NEL & CO do?: According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of NEL & CO?: Private limited company (BV).
When was NEL & CO founded?: On 20-01-2015.
Is NEL & CO still active?: Yes, NEL & CO is an active enterprise in the KBO register.
How many employees does NEL & CO have?: On average 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NEL & CO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NEL & CO profitable?: In financial year 2025, NEL & CO made a profit of €101,008.
Where can I find the annual accounts of NEL & CO?: NEL & CO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEL & CO due?: By 31-07-2027, for financial year 2026.Timeline