Nelis & Winters is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €50k and a net result of €607k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 9% of 43 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 43 sector peers (2025).
NBB · sector comparisonPosition among 43 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
13 d late
2024
20 d late
2023
15 d early
2022
12 d early
2021
6 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€50k=
2024 · €50k
2021: €50k
2022: €50k
2023: €50k
2024: €50k
2021 → 2025
Net result
€607k▲ 15.4%
2024 · €526k
2021: €302k
2022: €297k
2023: €493k
2024: €526k
2021 → 2025
Total assets
€1.73M▼ 6.3%
2024 · €1.85M
2021: €2.12M
2022: €1.99M
2023: €2.12M
2024: €1.85M
2021 → 2025
Solvency
2.9%▲ 0.2pp
2024 · 2.7%
2021: 2.4%
2022: 2.5%
2023: 2.4%
2024: 2.7%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€50k=€50k=€50k=€50k=
Operating result€418k-€411k▼ 1.8%€605k▲ 47.3%€716k▲ 18.3%€825k▲ 15.1%
Net result€302k-€297k▼ 1.9%€493k▲ 66.1%€526k▲ 6.7%€607k▲ 15.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets
€987k▼ 17.5%
Current assets
€745k▲ 14.2%
Equity and liabilities €1.73M
Equity
€50k=
Debt
€1.68M▼ 6.4%
The debt ratio falls from 97.3% to 97.1%. Debt is lower.
Key figures and ratios
Solvency
2.9%▲
2024 · 2.7%
ROA
35.0%▲
2024 · 28.5%
Debt
€1.68M▼
2024 · €1.80M
Debt ≤ 1 year
€985k▲
2024 · €933k
Debt > 1 year
€697k▼
2024 · €864k
Income taxes
€211k▲
2024 · €181k
Staff costs
€271k▼
2024 · €272k
A ratio outside any meaningful range has been withheld (balance sheet total €1.73M, equity €50k).
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€1.85M€1.73M▼
Fixed assets21/28€1.20M€987k▼
Intangible fixed assets21€1.09M€911k▼
Tangible fixed assets22/27€101k€75k▼
Furniture and vehicles24€97k€72k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€652k€745k▲
Amounts receivable within one year40/41€119k€56k▼
Trade receivables40€74k€56k▼
Other amounts receivable41€46k€0▼
Current investments50/53-€402k
Cash at bank and in hand54/58€528k€281k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.73M▼
Equity10/15€50k€50k=
Contributions10/11€50k€50k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.80M€1.68M▼
Amounts payable after more than one year17€864k€697k▼
Financial debts170/4€864k€697k▼
Amounts payable within one year42/48€933k€985k▲
Current portion of amounts payable after more than one year42€167k€168k▲
Trade debts44€126k€114k▼
Suppliers440/4€126k€114k▼
Advances received on contracts in progress46€83k€85k▲
Taxes, remuneration and social security45€31k€11k▼
Taxes450/3€31k€11k▼
Remuneration and social security454/9€80€0▼
Other amounts payable47/48€526k€607k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€272k€271k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209k€209k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-292€351▲
Other operating charges640/8€8k€13k▲
Gross operating margin9900€1.20M€1.32M▲
Operating profit (loss)9901€716k€825k▲
Financial income75/76B€19€10▼
Recurring financial income75€19€10▼
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€707k€818k▲
Income taxes67/77€181k€211k▲
Profit (loss) for the period9904€526k€607k▲
Profit (loss) for the period to be appropriated9905€526k€607k▲
Appropriation of the result
Profit (loss) to be appropriated9906€526k€607k▲
Profit to be distributed694/7€526k€607k▲
Return on contributions (dividend)694€526k€607k▲
Directors or managers695€0-
Social balance
Average headcount (FTE)90874.04.2▲
The notes to these accounts (14 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
31-12
Financial
Highest result since 2021net €607k ▲15.4%
Operating result €825k, net result €607k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €297k ▼1.9%
Net result drops to €297k, the lowest in the series; recovery starts the following year.
25-07
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
5 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, Peer · 2 establishment units 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.
Pastorijstraat 23990 PeerGround area
1,455 m²
Building footprint
1,023 m²
Volume, LiDAR
1,352 m³
2 parcels, Flanders · tallest building 10.6 m. Linked by address, not a title deed.
2 establishment units
Pastorijstraat 2, 3990 Peer
since 20202.308.135.091
Weg op Bree 22A, 3670 Oudsbergen
since 20212.313.351.614
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B0590/00H002 | Flanders | 1,115 m² | 1 · 756 m² | 10.6 m |
| 72010D0043/00G000 | Flanders | 340 m² | 1 · 267 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
IDEAL CONSEIL
BE 0872.417.901
Flémalle · Eq €50k
PRIEMUS
BE 1005.194.865
Brugge · Eq €48k
GERARD & ALTERMAN
BE 0844.119.734
Brussel · Eq €48k
Y EARLY
BE 0746.710.651
Asse · Eq €77k
WINTERS STIJN VERZEKERINGEN
BE 0762.931.229
Peer · Eq €24k
Of 65 companies in sector 65111 we hold annual accounts for 28. 17 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL
65111Insurance, reinsurance and pension funding, except compulsory social security
66220Insurance agents and brokers
65112Insurance, reinsurance and pension funding, except compulsory social security
65121Insurance, reinsurance and pension funding, except compulsory social security
65122Insurance, reinsurance and pension funding, except compulsory social security
65200Insurance, reinsurance and pension funding, except compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.