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NELIS WEGENBOUW

Active Public limited companyfounded 1988active for 38 yearsIndustrieweg-Noord 1178, 3660 OudsbergenKBO/BCE: BE 0433.699.965 subsidiary of Groep Nelis#9 company by total assets in Oudsbergen, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
Gross marginpeak €3.9m (2025)
€3.9m▲ 4.4%
Resultpeak €828,290 (2024)
€740,228▼ 10.6%
Equitypeak €2.4m (2025)
€2.4m▲ 8.9%
Debts
€2.9m▲ 4.8%
Staffpeak 29.4 FTE (2025)
29.4 FTE▲ 4.3%
Board9 names since 2017
4 directorsBen LOOS and 3 others
Owners2 names in the annual accounts
80%Groep Nelis
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Dividend €540,000Cash from €508,206 to €706,519

Key points

from the 2025 annual accounts

Equity

€2.4m ▲ 8.9%
2.22024+0.7Profit-0.5Dividend2.42025

NELIS WEGENBOUW paid out €540,000 in dividends. That is 73% of the 2025 profit.

Staff

29 employees on 31-12-2025
810202115122022442023662024552025

In 2025, 5 people joined and 5 left.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

The 2016 accounts came 25 days late. The other nine of the last ten were filed on time.

Checked score

95
Excellent
Financially stronger than 62% of small companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 301 companies (NACE 42, small).

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

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

Financial strength
Strong

Solvency
68+1equity 43.2% of total assets
Liquidity
49+4short-term debt 36.4% · cash 12.5%
Profitability
85-3return on assets 13.1%

Score breakdown

lowers risk
Founded in 1988
Liquidity: current ratio 1.97, cash €706,519
Profit of €740,228 (financial year 2025)
Size: 29.4 FTE, total assets €5.6m
Calculation

The band follows from the bankruptcy probability. 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 42, small). It does better than 58% of them on solvency, 57% on liquidity, 80% on profitability and 52% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 20,136 companies had the same profile as NELIS WEGENBOUW has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of NELIS WEGENBOUW itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for NELIS WEGENBOUW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €230,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.97 (1.85 in 2024), above the usual 1.5. Short-term debt is 36.4% and cash 12.5% of total assets. However, 56.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.97, cash €706,519
NBB · annual accounts
lowers risk · Profit of €740,228 (financial year 2025)
NBB · annual accounts
lowers risk · Size: 29.4 FTE, total assets €5.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
36 days early
2023
29 days early
2022
28 days early
2021
30 days early
2020
40 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · 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 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LY
Chair
BL
Managing director
NA
Managing director
NG
Director, since 01-01-2022
  • Groep Nelis 80%score 95equity €4.5m (2025) · 2025 annual accounts of Groep Nelis
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0433699965
4 directors appointed, 5 resignations Resignations: NELIS Johan Jacobus, NELIS Nicole, NELIS William Gustaaf, NELIS MANAGEMENT and LOOS MANAGEMENT · Permanent representatives: NELIS Johan Jacobus and LOOS Ben · Appointments: LOOS Ben, NELIS Glenn, NELIS Anton and LOOS Yzelle · General meeting of 30-12-2021 · Gazette deed
First establishment Industrieweg-Noord 1178, Oudsbergen
Incorporation published on 21-04-1988 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
NELIS WEGENBOUW Oudsbergen €5.6m €3.9m 43.2% 29.4
PEETERS DRIES GROND- EN INFRASTRUCTUURWERKEN Hasselt €7.9m €3.7m 29.4% 30.9
AANNEMINGEN CARMANS Lummen €5.0m €5.8m 55.5% 46.7
TECHNIQUES SPECIALES DU BETON DE VOIRIE Erezée €6.7m €3.8m 64.0% 35.4
GAMA Herstal €4.7m €2.8m 40.5% 26.8
TRAVAUX PUBLICS HUBAUT Tournai €5.3m €3.2m 32.7% 41.1
WEGENIS- EN RIOLERINGSWERKEN DE DENDER Schaerbeek €5.0m €2.5m 27.3% 31.2

These companies have the same main activity as NELIS WEGENBOUW: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €4.7m and €7.9m, founded between 1987 and 1994.

Official details

Source: KBO
Status
Active since 25-03-1988Normal situation
Activity
Construction of roads and motorwaysNACE 42110
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 2025
Establishment unit
2.037.403.6383660 Oudsbergen, since 19-04-1988
Financial year end
31 December
Peppol
Reachable since 28-04-2025
Company details

Annual accounts 2025

Turnover
≈ €6.7mestimated
Total assets
€5.6m▲ 6.9%
Employeeson 31-12-2025
29=
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on NELIS WEGENBOUW

NELIS WEGENBOUW has existed since 1988. The gross margin grew from €1.9m in 2006 to €3.9m in 2025.

Groep Nelis holds 80% of the shares. In December 2021, five directors stepped down. In January 2022, the Official Gazette published the appointment of Ben LOOS as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NELIS WEGENBOUW

What is the company number of NELIS WEGENBOUW?
The company number of NELIS WEGENBOUW is 0433.699.965. The VAT number is the same number with BE in front: BE 0433.699.965.
Where is NELIS WEGENBOUW based?
The registered office is at Industrieweg-Noord 1178, 3660 Oudsbergen.Company details
What does NELIS WEGENBOUW do?
According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of NELIS WEGENBOUW?
NELIS WEGENBOUW is a public limited company (NV).
When was NELIS WEGENBOUW founded?
NELIS WEGENBOUW was founded on 25-03-1988.
Is NELIS WEGENBOUW still active?
Yes, NELIS WEGENBOUW is an active enterprise in the KBO register.
How many employees does NELIS WEGENBOUW have?
NELIS WEGENBOUW had an average of 29.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NELIS WEGENBOUW fall under?
In its 2025 annual accounts, NELIS WEGENBOUW states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of NELIS WEGENBOUW?
The turnover in financial year 2025 is ≈ €6.7m. This figure is estimated from the gross margin of €3.9m and 1,584 comparable companies of the same size. It probably lies between €4.5m and €11.0m. It is a rough estimate.
Is NELIS WEGENBOUW profitable?
In financial year 2025, NELIS WEGENBOUW made a profit of €740,228.
Where can I find the annual accounts of NELIS WEGENBOUW?
NELIS WEGENBOUW filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NELIS WEGENBOUW due?
NELIS WEGENBOUW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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