NELCRIS
ActiveSummary
NELCRIS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €112,217 and a net result of €13,444. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 232 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability84▲+9
Solvency78▼-13
Growth35▼-24
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.9 in 2025; short-term debt: 47.2% and cash: 54.8% of total assets), and 47.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2026Solvency, return and age of the figures
Solvency
52.8%
Return on assets
6.3%
Age of the figures
8 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 31-01-2026 was due by 31-08-2026 and was filed on 25-08-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
6 d early
2025
31 d early
2024
54 d early
2023
27 d early
2022
44 d early
2021
1 d late
2020
on the day
← 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 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-01-2027 close31-08-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Turnover
€106,420▼ 62.9%
2025 · €286,592
EBIT margin
19.2%▲ 8.2pp
2025 · 11.0%
Net result
€13,444▼ 45.4%
2025 · €24,610
Working capital
€108,046▼ 35.6%
2025 · €167,663
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€296,089▲ 15.4%€363,696▲ 22.8%€443,091▲ 21.8%€286,592▼ 35.3%€106,420▼ 62.9%
Operating result€60,373▲ 71.0%€75,230▲ 24.6%€88,002▲ 17.0%€31,486▼ 64.2%€20,403▼ 35.2%
Net result€43,424▲ 56.0%€54,354▲ 25.2%€63,085▲ 16.1%€24,610▼ 61.0%€13,444▼ 45.4%
EBIT margin20.4%▲ 6.6pp20.7%▲ 0.3pp19.9%▼ 0.8pp11.0%▼ 8.9pp19.2%▲ 8.2pp
Equity€96,723▼ 21.6%€151,078▲ 56.2%€144,163▼ 4.6%€168,772▲ 17.1%€112,217▼ 33.5%
Total assets€233,656▲ 12.7%€237,867▲ 1.8%€327,601▲ 37.7%€257,147▼ 21.5%€212,361▼ 17.4%
Debt€136,932▲ 63.0%€86,789▼ 36.6%€183,439▲ 111%€88,375▼ 51.8%€100,144▲ 13.3%
Working capital€96,423▼ 21.6%€150,778▲ 56.4%€142,783▼ 5.3%€167,663▲ 17.4%€108,046▼ 35.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2026 Turnover -63% on 2025. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 35% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €212,361
Fixed assets
€4,171 ▲ 276%
Current assets
€208,190 ▼ 18.7%
Equity and liabilities €212,361
Equity
€112,217 ▼ 33.5%
Debt
€100,144 ▲ 13.3%
Debt's share of the balance-sheet total rises from 34.4% to 47.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€23,471▼
2025 · €31,756
Cash flow
€16,512▼
2025 · €24,880
Current ratio
2.08▼
2025 · 2.90
Debt to equity
0.89▲
2025 · 0.52
ROE
12.0%▼
2025 · 14.6%
ROA
6.3%▼
2025 · 9.6%
Interest coverage
8.52▼
2025 · 201.56
Debt ≤ 1 year
€100,144▲
2025 · €88,375
Income taxes
€4,389▼
2025 · €7,077
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €296,089 | €363,696 | €443,091 | €286,592 | €106,420 | ▼ 62.9% |
| Goods, raw materials, services and sundry goods60/61 | €235,342 | €288,003 | €354,333 | €254,325 | €82,305 | ▼ 67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €270 | €270 | €3,068 | ▲ 1,037% |
| Other operating charges640/8 | €375 | €462 | €486 | €511 | €645 | ▲ 26.2% |
| Gross operating margin9900 | €60,747 | €75,692 | €88,758 | €32,267 | €24,115 | ▼ 25.3% |
| Operating profit (loss)9901 | €60,373 | €75,230 | €88,002 | €31,486 | €20,403 | ▼ 35.2% |
| Financial income75/76B | - | - | - | €359 | €1,023 | ▲ 185% |
| Recurring financial income75 | - | - | - | €359 | €125 | ▼ 65.2% |
| Non-recurring financial income76B | - | - | - | - | €898 | - |
| Financial charges65/66B | €904 | €695 | €1,257 | €158 | €3,593 | ▲ 2,181% |
| Recurring financial charges65 | €904 | €695 | €1,257 | €158 | €2,755 | ▲ 1,648% |
| Non-recurring financial charges66B | - | - | - | - | €839 | - |
| Profit (loss) for the period before taxes9903 | €59,469 | €74,535 | €86,745 | €31,687 | €17,833 | ▼ 43.7% |
| Income taxes67/77 | €16,045 | €20,181 | €23,660 | €7,077 | €4,389 | ▼ 38.0% |
| Profit (loss) for the period9904 | €43,424 | €54,354 | €63,085 | €24,610 | €13,444 | ▼ 45.4% |
| Profit (loss) for the period to be appropriated9905 | €43,424 | €54,354 | €63,085 | €24,610 | €13,444 | ▼ 45.4% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233,656 | €237,867 | €327,601 | €257,147 | €212,361 | ▼ 17.4% |
| Fixed assets21/28 | €300 | €300 | €1,379 | €1,109 | €4,171 | ▲ 276% |
| Tangible fixed assets22/27 | - | - | €1,079 | €809 | €3,871 | ▲ 378% |
| Plant, machinery and equipment23 | - | - | €1,079 | €809 | €1,606 | ▲ 98.4% |
| Furniture and vehicles24 | - | - | - | - | €2,265 | - |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €233,356 | €237,567 | €326,222 | €256,038 | €208,190 | ▼ 18.7% |
| Amounts receivable within one year40/41 | €99,164 | €140,080 | €246,111 | €144,148 | €91,790 | ▼ 36.3% |
| Trade receivables40 | €87,211 | €125,845 | €233,584 | €133,319 | €79,896 | ▼ 40.1% |
| Other amounts receivable41 | €11,954 | €14,236 | €12,527 | €10,829 | €11,894 | ▲ 9.8% |
| Cash at bank and in hand54/58 | €133,706 | €97,487 | €80,111 | €111,890 | €116,400 | ▲ 4.0% |
| Deferred charges and accrued income490/1 | €486 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233,656 | €237,867 | €327,601 | €257,147 | €212,361 | ▼ 17.4% |
| Equity10/15 | €96,723 | €151,078 | €144,163 | €168,772 | €112,217 | ▼ 33.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €88,663 | €143,018 | €136,103 | €160,712 | €104,157 | ▼ 35.2% |
| Amounts payable17/49 | €136,932 | €86,789 | €183,439 | €88,375 | €100,144 | ▲ 13.3% |
| Amounts payable within one year42/48 | €136,932 | €86,789 | €183,439 | €88,375 | €100,144 | ▲ 13.3% |
| Trade debts44 | €5,318 | €14,631 | €37,946 | €11,580 | €8,201 | ▼ 29.2% |
| Suppliers440/4 | €5,318 | €10,735 | €34,990 | €5,999 | €1,474 | ▼ 75.4% |
| Bills of exchange payable441 | - | €3,896 | €2,957 | €5,581 | €6,727 | ▲ 20.5% |
| Taxes, remuneration and social security45 | €82,615 | €72,158 | €96,493 | €76,795 | €42,943 | ▼ 44.1% |
| Taxes450/3 | €37,045 | €20,181 | €44,660 | €7,077 | €25,240 | ▲ 257% |
| Remuneration and social security454/9 | €45,570 | €51,977 | €51,833 | €69,717 | €17,704 | ▼ 74.6% |
| Other amounts payable47/48 | €49,000 | - | €49,000 | - | €49,000 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,424 | €54,354 | €63,085 | €24,610 | €13,444 | ▼ 45.4% |
| + Depreciation and write-downs630 | - | - | €270 | €270 | €3,068 | ▲ 1,037% |
| Operating cash flow (approximation) | €43,424 | €54,354 | €63,355 | €24,880 | €16,512 | ▼ 33.6% |
| Investment in fixed assets (approximation) | - | €0 | -€1,349 | €0 | -€6,129 | - |
| Change in cash | - | -€36,219 | -€17,375 | €31,779 | €4,510 | ▼ 85.8% |
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 2027, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
Financial
Equity above €150,000Eq €168,772 ▲17.1%
7 profitable years in a row build equity to €168,772.
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Highest result since 2019net €63,085 ▲16.1%
Operating result €88,002, net result €63,085, both a record.
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Equity above €150,000Eq €151,078 ▲56.2%
5 profitable years in a row build equity to €151,078.
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
31-01
Financial
Equity above €100,000Eq €123,299 ▲29.2%
3 profitable years in a row build equity to €123,299.
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-01
Financial
Weakest financial yearnet €11,581 ▼41.3%
Net result drops to €11,581, the lowest in the series; recovery starts the following year.
Show earlier events
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 9 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Brussel · 1 establishment unit since 2012
Ground area
146 m²
Building footprint
146 m²
Volume, LiDAR
2,733 m³
Parcel 21811M0884/00B000, Brussels · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Nelcris
since 20122.209.850.931
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0884/00B000 | Brussels | 146 m² | 1 · 146 m² | 25.4 m · 7 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.
Similar companies · same sector, comparable size
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BUEDTS- THIELENS
BE 0671.754.593
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GJ CONSULTING
BE 0769.935.223
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BATITHERM
BE 0553.928.693
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,217 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
Founded15-05-2012
Fiscal year end31-01
Activities, NACEBEL 2025
43990Other specialised construction activities
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845963328
Also
9925:BE0845963328
Registered
10-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.