NELIS CONSTRUCT
ActiveSummary
NELIS CONSTRUCT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €-88k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 86% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-16
Solvency100▲+2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 3.04 in 2024; short-term debt: 16.9% and cash: 34.3% of total assets), and 17.2% of the assets are financed with debt.
Credit check for your own amount and term
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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
82.8%
Return on assets
-27.3%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-88k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-02-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
2 d early
2023
20 d early
2022
4 d early
2021
9 d late
2020
11 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€268k▼ 24.8%
2024 · €357k
2019: €342k
2020: €298k▼ -12.8% vs 2019
2021: €321k▲ +7.6% vs 2020
2022: €354k▲ +10.2% vs 2021
2023: €367k▲ +3.7% vs 2022highest in 7 years
2024: €357k▼ -2.8% vs 2023
2025: €268k▼ -24.8% vs 2024lowest in 7 years
2019 → 2025
Total assets
€324k▼ 33.6%
2024 · €488k
2019: €544khighest in 7 years
2020: €507k▼ -6.8% vs 2019
2021: €425k▼ -16.1% vs 2020
2022: €517k▲ +21.5% vs 2021
2023: €462k▼ -10.5% vs 2022
2024: €488k▲ +5.5% vs 2023
2025: €324k▼ -33.6% vs 2024lowest in 7 years
2019 → 2025
Net result
€-88k▼ 753%
2024 · €-10k
2019: €-19k
2020: €-44k▼ -133% vs 2019
2021: €49k▲ +211% vs 2020highest in 7 years
2022: €33k▼ -32.6% vs 2021
2023: €13k▼ -60.7% vs 2022
2024: €-10k▼ -180% vs 2023
2025: €-88k▼ -753% vs 2024lowest in 7 years
2019 → 2025
Working capital
€185k▼ 30.4%
2024 · €266k
2019: €275khighest in 7 years
2020: €234k▼ -15.0% vs 2019
2021: €230k▼ -1.8% vs 2020
2022: €251k▲ +9.4% vs 2021
2023: €267k▲ +6.1% vs 2022
2024: €266k▼ -0.2% vs 2023
2025: €185k▼ -30.4% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€321k-€354k▲ 10.2%€367k▲ 3.7%€357k▼ 2.8%€268k▼ 24.8%
2021: €321k
2022: €354k▲ +10.2% vs 2021
2023: €367k▲ +3.7% vs 2022highest in 5 years
2024: €357k▼ -2.8% vs 2023
2025: €268k▼ -24.8% vs 2024lowest in 5 years
Operating result€53k-€47k▼ 10.7%€14k▼ 70.3%€-15k€-142k▼ 816%
2021: €53khighest in 5 years
2022: €47k▼ -10.7% vs 2021
2023: €14k▼ -70.3% vs 2022
2024: €-15k▼ -211% vs 2023
2025: €-142k▼ -816% vs 2024lowest in 5 years
Net result€49k-€33k▼ 32.6%€13k▼ 60.7%€-10k€-88k▼ 753%
2021: €49khighest in 5 years
2022: €33k▼ -32.6% vs 2021
2023: €13k▼ -60.7% vs 2022
2024: €-10k▼ -180% vs 2023
2025: €-88k▼ -753% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €142k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €324k
Fixed assets
€84k ▼ 8.2%
Current assets
€240k ▼ 39.5%
Equity and liabilities €324k
Equity
€268k ▼ 24.8%
Debt
€56k ▼ 57.6%
Debt's share of the balance-sheet total falls from 26.9% to 17.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-130k▼
2024 · €-5k
Cash flow
€-77k▼
2024 · €-16
Current ratio
4.38▲
2024 · 3.04
Quick ratio
4.21▲
2024 · 2.93
Debt to equity
0.21▼
2024 · 0.37
ROE
-33.0%▼
2024 · -2.9%
ROA
-27.3%▼
2024 · -2.1%
Interest coverage
-278.56▼
2024 · -9.23
Debt ≤ 1 year
€55k▼
2024 · €130k
Income taxes
€-79▼
2024 · €79
Staff costs
€141k▼
2024 · €143k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€488k€324k▼
Fixed assets21/28€91k€84k▼
Tangible fixed assets22/27€91k€84k▼
Land and buildings22€64k€64k=
Furniture and vehicles24€27k€19k▼
Current assets29/58€396k€240k▼
Stocks and contracts in progress3€15k€9k▼
Stocks30/36€15k€9k▼
Amounts receivable within one year40/41€80k€25k▼
Trade receivables40€65k€16k▼
Other amounts receivable41€15k€10k▼
Current investments50/53€124k€48k▼
Cash at bank and in hand54/58€133k€111k▼
Deferred charges and accrued income490/1€44k€47k▲
Equity and liabilities
Total equity and liabilities10/49€488k€324k▼
Equity10/15€357k€268k▼
Contributions10/11€62k€62k=
Reserves13€295k€247k▼
Distributable reserves133€295k€247k▼
Profit (loss) carried forward14-€-41k
Amounts payable17/49€131k€56k▼
Amounts payable within one year42/48€130k€55k▼
Trade debts44€105k€20k▼
Suppliers440/4€105k€20k▼
Taxes, remuneration and social security45€13k€22k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€13k€20k▲
Other amounts payable47/48€12k€13k▲
Accrued charges and deferred income492/3€578€768▲
Income statement
Code20242025
Remuneration, social security and pensions62€143k€141k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€144k€17k▼
Operating profit (loss)9901€-15k€-142k▼
Financial income75/76B€6k€53k▲
Recurring financial income75€6k€53k▲
Financial charges65/66B€553€468▼
Recurring financial charges65€553€468▼
Profit (loss) for the period before taxes9903€-10k€-89k▼
Income taxes67/77€79€-79▼
Profit (loss) for the period9904€-10k€-88k▼
Profit (loss) for the period to be appropriated9905€-10k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-88k▼
Transfer from equity791/2€10k€48k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €99k | €126k | €143k | €141k | ▼ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €6k | €7k | €10k | €11k | ▲ 7.4% |
| Other operating charges640/8 | - | €9k | €6k | €6k | €6k | ▲ 8.1% |
| Gross operating margin9900 | €142k | €162k | €153k | €144k | €17k | ▼ 88.0% |
| Operating profit (loss)9901 | €53k | €47k | €14k | €-15k | €-142k | ▼ 816% |
| Financial income75/76B | - | €3k | €3k | €6k | €53k | ▲ 835% |
| Recurring financial income75 | €2k | €3k | €3k | €6k | €53k | ▲ 835% |
| Financial charges65/66B | - | €472 | €1k | €553 | €468 | ▼ 15.3% |
| Recurring financial charges65 | €945 | €472 | €1k | €553 | €468 | ▼ 15.3% |
| Profit (loss) for the period before taxes9903 | €54k | €50k | €16k | €-10k | €-89k | ▼ 760% |
| Income taxes67/77 | €5k | €17k | €3k | €79 | €-79 | ▼ 200% |
| Profit (loss) for the period9904 | €49k | €33k | €13k | €-10k | €-88k | ▼ 753% |
| Transfer from tax-exempt reserves789 | - | €56k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €49k | €89k | €13k | €-10k | €-88k | ▼ 753% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €425k | €517k | €462k | €488k | €324k | ▼ 33.6% |
| Fixed assets21/28 | €92k | €103k | €101k | €91k | €84k | ▼ 8.2% |
| Tangible fixed assets22/27 | €92k | €103k | €101k | €91k | €84k | ▼ 8.2% |
| Land and buildings22 | - | €64k | €64k | €64k | €64k | = |
| Furniture and vehicles24 | - | €38k | €37k | €27k | €19k | ▼ 27.8% |
| Current assets29/58 | €334k | €414k | €361k | €396k | €240k | ▼ 39.5% |
| Stocks and contracts in progress3 | €15k | €17k | €12k | €15k | €9k | ▼ 38.0% |
| Stocks30/36 | - | €17k | €12k | €15k | €9k | ▼ 38.0% |
| Amounts receivable within one year40/41 | €32k | €52k | €48k | €80k | €25k | ▼ 68.7% |
| Trade receivables40 | - | €30k | €43k | €65k | €16k | ▼ 76.1% |
| Other amounts receivable41 | - | €22k | €5k | €15k | €10k | ▼ 36.6% |
| Current investments50/53 | €102k | €132k | €132k | €124k | €48k | ▼ 61.6% |
| Cash at bank and in hand54/58 | €146k | €150k | €136k | €133k | €111k | ▼ 16.5% |
| Deferred charges and accrued income490/1 | - | €64k | €33k | €44k | €47k | ▲ 6.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €425k | €517k | €462k | €488k | €324k | ▼ 33.6% |
| Equity10/15 | €321k | €354k | €367k | €357k | €268k | ▼ 24.8% |
| Contributions10/11 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €259k | €292k | €305k | €295k | €247k | ▼ 16.1% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €292k | €305k | €295k | €247k | ▼ 16.1% |
| Profit (loss) carried forward14 | - | €0 | - | - | €-41k | - |
| Amounts payable17/49 | €104k | €163k | €95k | €131k | €56k | ▼ 57.6% |
| Amounts payable within one year42/48 | €104k | €163k | €95k | €130k | €55k | ▼ 58.0% |
| Trade debts44 | €54k | €104k | €56k | €105k | €20k | ▼ 81.2% |
| Suppliers440/4 | - | €104k | €56k | €105k | €20k | ▼ 81.2% |
| Taxes, remuneration and social security45 | - | €29k | €14k | €13k | €22k | ▲ 64.8% |
| Taxes450/3 | - | €18k | €3k | €0 | €2k | - |
| Remuneration and social security454/9 | - | €10k | €12k | €13k | €20k | ▲ 51.3% |
| Other amounts payable47/48 | - | €30k | €25k | €12k | €13k | ▲ 10.5% |
| Accrued charges and deferred income492/3 | - | - | €553 | €578 | €768 | ▲ 32.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €33k | €13k | €-10k | €-88k | ▼ 753% |
| + Depreciation and write-downs630 | €2k | €6k | €7k | €10k | €11k | ▲ 7.4% |
| Operating cash flow (approximation) | €51k | €39k | €20k | €-16 | €-77k | ▼ 491,574% |
| Investment in fixed assets (approximation) | - | €-17k | €-5k | €-500 | €-4k | ▼ 637% |
| Change in cash | - | €4k | €-14k | €-3k | €-22k | ▼ 531% |
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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
30-06
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
30-06
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2016
17-11
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 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Truiden · 1 establishment unit since 1999
Ground area
2,638 m²
Building footprint
394 m²
Volume, LiDAR
1,934 m³
Parcel 71353E1253/00F000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Naamsesteenweg 340, 3800 Sint-Truiden
since 19992.090.966.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E1253/00F000 | Flanders | 2,638 m² | 1 · 394 m² | 10.4 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
9676008DHRO5T4THUJ15
Similar companies · same sector, comparable size
KIPAN
BE 0450.004.378
Kinrooi · Eq €268,391
ALUMINIUM- EN METAALCONSTRUCTIE PINTENS
BE 0429.316.852
Puurs-Sint-Amands · Eq €268,438
A2C PRODUCT
BE 0798.641.283
Seraing · Eq €269,485
VANDENDIJK
BE 0443.750.254
Kinrooi · Eq €266,211
Almo I.V.B.
BE 0400.822.806
Heist-op-den-Berg · Eq €264,423
Of 908 companies in sector 25120 we hold annual accounts for 677. 553 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
Founded16-03-1999
Fiscal year end30-06
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
47529Retail trade
Scores and ratios are computed by Checked and are not a credit decision.