Nelek
ActiveNelek has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €199k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 630 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency48▼-52
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 5.24 in 2024; short-term debt: 76.6% and cash: 64.6% of total assets), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
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
23.4%
Return on assets
73.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
57 d early
2024
50 d early
2023
47 d early
2022
46 d early
2021
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€64k▼ 65.5%
2024 · €185k
2021: €102k
2022: €203k
2023: €381k
2024: €185k
2021 → 2025
Total assets
€272k▲ 23.7%
2024 · €220k
2021: €161k
2022: €264k
2023: €468k
2024: €220k
2021 → 2025
Net result
€199k▼ 0.2%
2024 · €200k
2021: €67k
2022: €101k
2023: €178k
2024: €200k
2021 → 2025
Working capital
€14k▼ 90.6%
2024 · €150k
2021: €65k
2022: €164k
2023: €342k
2024: €150k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€203k▲ 98.5%€381k▲ 87.6%€185k▼ 51.6%€64k▼ 65.5%
Operating result€82k-€127k▲ 55.4%€231k▲ 81.8%€249k▲ 7.5%€251k▲ 0.9%
Net result€67k-€101k▲ 49.7%€178k▲ 76.5%€200k▲ 12.1%€199k▼ 0.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€50k▲ 44.7%
Current assets
€223k▲ 19.8%
Equity and liabilities €272k
Equity
€64k▼ 65.5%
Debt
€208k▲ 489%
The debt ratio rises from 16.1% to 76.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€270k▼
2024 · €270k
Cash flow
€218k▼
2024 · €221k
Solvency
23.4%▼
2024 · 83.9%
Current ratio
1.07▼
2024 · 5.24
Quick ratio
1.07▼
2024 · 5.24
Debt / equity
3.27▲
2024 · 0.19
ROE
312.8%▲
2024 · 108.1%
ROA
73.2%▼
2024 · 90.7%
Interest coverage
151.61▼
2024 · 682.50
Debt
€208k▲
2024 · €35k
Debt ≤ 1 year
€208k▲
2024 · €35k
Income taxes
€57k▼
2024 · €60k
Staff costs
€51k▲
2024 · €49k
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€220k€272k▲
Fixed assets21/28€34k€50k▲
Tangible fixed assets22/27€34k€50k▲
Plant, machinery and equipment23€31k€40k▲
Furniture and vehicles24€3k€10k▲
Current assets29/58€186k€223k▲
Amounts receivable within one year40/41€27k€33k▲
Trade receivables40€24k€30k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€155k€176k▲
Deferred charges and accrued income490/1€3k€14k▲
Equity and liabilities
Total equity and liabilities10/49€220k€272k▲
Equity10/15€185k€64k▼
Contributions10/11€35k€35k=
Profit (loss) carried forward14€150k€29k▼
Amounts payable17/49€35k€208k▲
Amounts payable within one year42/48€35k€208k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€25k€27k▲
Taxes450/3€18k€20k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€5k€173k▲
Income statement
Code20242025
Remuneration, social security and pensions62€49k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€19k▼
Other operating charges640/8€9k€5k▼
Gross operating margin9900€328k€326k▼
Operating profit (loss)9901€249k€251k▲
Financial income75/76B€11k€7k▼
Recurring financial income75€11k€7k▼
Financial charges65/66B€396€2k▲
Recurring financial charges65€396€2k▲
Profit (loss) for the period before taxes9903€260k€257k▼
Income taxes67/77€60k€57k▼
Profit (loss) for the period9904€200k€199k▼
Profit (loss) for the period to be appropriated9905€200k€199k▼
Appropriation of the result
Profit (loss) to be appropriated9906€378k€349k▼
Profit (loss) brought forward from the previous period14P€178k€150k▼
Transfer from equity791/2€168k-
Profit to be distributed694/7€396k€320k▼
Return on contributions (dividend)694€396k€320k▼
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (9 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €200k ▲12.1%
Net result €200k, the highest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €203k ▲98.5%
2 profitable years in a row build equity to €203k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Westerlo · 1 establishment unit since 2020
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.
Spikdorenveld 142260 WesterloGround area
1,306 m²
Building footprint
153 m²
Volume, LiDAR
955 m³
Parcel 13049B0790/00T002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nelek
since 20202.310.323.036
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0790/00T002 | Flanders | 1,306 m² | 1 · 153 m² | 9.4 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.
Similar companies · same sector, comparable size
MATHEBO
BE 0683.608.191
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EUROPEAN REMANUFACTURING COUNCIL
BE 1013.509.943
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COHERENCE
BE 1000.270.433
Elsene · Eq €64k
WILLIAM DENIS
BE 1016.513.676
Braine-l'Alleud · Eq €64k
Tomakinos
BE 1003.984.246
Ieper · Eq €64k
Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,556 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2020
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.