Equity
NÉLITIS has made a profit without a break since 2022.
NÉLITIS has made a profit without a break since 2022.
The last five annual accounts were filed 33 to 44 days before the end of the period.
Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 82% on liquidity, 38% on profitability and 54% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
In July 2024, 10,904 companies had the same profile as NÉLITIS has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NÉLITIS itself: 0.1% within 12 months.
The method was tested on the 497,448 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.
| 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 10,904 companies, not a prediction for NÉLITIS. 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.
Liquidity is ample, with a current ratio of 41.98 (59.43 in 2024), above the usual 1.5. Short-term debt is 2.4% and cash 18.2% of total assets. 2.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| NÉLITIS Mont-Saint-Guibert | €177,451 | -€1,068 | 97.6% | - |
| S&M DEVELOPPEMENT Geer | €176,780 | -€6,401 | 100.0% | - |
| ALEKTOR Ixelles | €196,898 | -€79,009 | -329.5% | - |
| Hans DB Invest Beveren-Kruibeke-Zwijndrecht | €161,811 | -€620 | 12.4% | - |
| DOMUS GANDAE Zaventem | €164,820 | -€5,364 | 30.0% | - |
| HLS Nieuwerkerken (Limb.) | €191,161 | -€6,127 | -22.7% | - |
| Vepocon Ghent | €138,971 | -€3,577 | -105.1% | - |
These companies have the same main activity as NÉLITIS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €139,000 and €197,000, founded between 2013 and 2016.
NÉLITIS files the micro format. That format states no turnover. The gross margin rose from -€1,325 in 2015 to -€1,068 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 95% of 17,194 companies in 2025.
Higher than 95% of 16,491 companies in 2025.
Higher than 55% of 16,870 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
177,451 | 171,607 | 217,289 | 106,898 | 180,273 | 186,301 | 150,268 | 149,882 | 149,882 | 3,332 | 4,875 | |
21/28 |
- | - | - | - | - | - | - | - | 0 | - | - | |
22/27 |
- | - | - | - | - | - | - | - | 0 | - | - | |
29/58 |
177,451 | 171,607 | 217,289 | 106,898 | 180,273 | 186,301 | 150,268 | 149,882 | 149,882 | 3,332 | 4,875 | |
3 |
- | - | - | 76,385 | 179,244 | 178,724 | 149,882 | 149,882 | 149,882 | - | - | |
30/36 |
- | - | - | 76,385 | 179,244 | 178,724 | 149,882 | 149,882 | 149,882 | - | - | |
40/41 |
145,160 | 137,502 | 131,456 | 2,043 | 453 | 5,250 | - | - | 0 | - | 0 | |
41 |
145,160 | 137,502 | 131,456 | 2,043 | 453 | 5,250 | - | - | - | - | - | |
54/58 |
32,290 | 34,106 | 85,833 | 28,470 | 576 | 2,327 | 386 | - | - | 3,332 | 4,875 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
177,451 | 171,607 | 217,289 | 106,898 | 180,273 | 186,301 | 150,268 | 149,882 | 149,882 | 3,332 | 4,875 | |
10/15 |
173,223 | 168,720 | 165,015 | 29,162 | -11,766 | -6,538 | -4,871 | -2,363 | 1,419 | 3,332 | 4,527 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
14 |
167,023 | 162,520 | 158,815 | 22,962 | -17,966 | -12,738 | -11,071 | -8,563 | -4,781 | -2,868 | -1,673 | |
17/49 |
4,227 | 2,888 | 52,274 | 77,736 | 192,039 | 192,839 | 155,139 | 152,245 | 148,463 | 0 | 348 | |
42/48 |
4,227 | 2,888 | 52,274 | 77,736 | 192,039 | 192,839 | 155,139 | 152,245 | 148,463 | 0 | 348 | |
43 |
- | - | - | - | - | - | - | 100,256 | 98,463 | - | - | |
430/8 |
- | - | - | - | - | - | - | 100,256 | 98,463 | - | - | |
44 |
1,200 | 1,500 | 2,821 | 348 | - | - | - | 0 | 0 | 0 | 348 | |
440/4 |
1,200 | 1,500 | 2,821 | 348 | - | - | - | - | - | - | 348 | |
45 |
3,027 | 1,388 | 49,454 | - | - | - | - | - | - | - | - | |
450/3 |
3,027 | 1,388 | 49,454 | - | - | - | - | - | - | - | - | |
47/48 |
- | - | - | 77,389 | 192,039 | 192,839 | 155,139 | 51,989 | 50,000 | - | - | |
| Income statement | ||||||||||||
9900 |
-1,068 | -2,562 | 182,411 | 49,033 | -4,841 | -1,255 | -761 | -1,795 | -834 | -784 | -1,325 | |
60/61 |
- | - | - | - | - | - | - | - | 834 | - | - | |
640/8 |
400 | 387 | 484 | 348 | 348 | 379 | 348 | 363 | 348 | 386 | 348 | |
9901 |
-1,468 | -2,949 | 181,928 | 48,685 | -5,188 | -1,634 | -1,109 | -2,158 | -1,182 | -1,170 | -1,672 | |
75/76B |
7,659 | 8,088 | 3,421 | - | - | - | - | - | 60 | - | 0 | |
75 |
7,659 | 8,088 | 3,421 | - | - | - | - | - | 60 | - | 0 | |
65/66B |
48 | 47 | 42 | - | 40 | 33 | 1,399 | 1,624 | 791 | 25 | 1 | |
65 |
48 | 47 | 42 | - | 40 | 33 | 1,399 | 1,624 | 791 | 25 | 1 | |
9903 |
6,143 | 5,092 | 185,306 | 48,685 | -5,228 | -1,667 | -2,508 | -3,782 | -1,913 | -1,195 | -1,673 | |
67/77 |
1,639 | 1,388 | 49,454 | 7,757 | - | - | - | - | - | - | - | |
9904 |
4,504 | 3,705 | 135,853 | 40,928 | -5,228 | -1,667 | -2,508 | -3,782 | -1,913 | -1,195 | -1,673 | |
9905 |
4,504 | 3,705 | 135,853 | 40,928 | -5,228 | -1,667 | -2,508 | -3,782 | -1,913 | -1,195 | -1,673 | |
| Appropriation of the result | ||||||||||||
9906 |
167,023 | 162,520 | 158,815 | 22,962 | -17,966 | -12,738 | -11,071 | -8,563 | -4,781 | -2,868 | -1,673 | |
14P |
162,520 | 158,815 | 22,962 | -17,966 | -12,738 | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-06-2026 | 2026-00184692 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00181716 | |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00141708 | |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00149149 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20147246 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21800131 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-22600305 | |
| 31-12-2018 | full format | 21-06-2019 | 2019-20900012 | |
| 31-12-2017 | full format | 22-06-2018 | 2018-22300593 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-21600380 | |
| 31-12-2015 | full format | 22-06-2016 | 2016-20700543 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,816 | -51,727 | 57,363 | 27,895 | -1,751 | 1,941 | - | - | - | -1,543 | - | ||
| 173,223 | 168,720 | 165,015 | 29,162 | -11,766 | -6,538 | -4,871 | -2,363 | 1,419 | 3,332 | 4,527 | ||
| 97.6% | 98.3% | 75.9% | 27.3% | -6.5% | -3.5% | -3.2% | -1.6% | 0.9% | - | - | ||
| 41.98 | 59.43 | 4.16 | 1.38 | 0.94 | 0.97 | 0.97 | 0.98 | 1.01 | - | - | ||
| 41.98 | 59.43 | 4.16 | 0.39 | 0.01 | 0.04 | 0.00 | 0.00 | 0.00 | - | - | ||
| 0.02 | 0.02 | 0.32 | 2.67 | - | - | - | - | - | - | - | ||
| 2.6% | 2.2% | 82.3% | 140.3% | - | - | - | - | -134.8% | - | - | ||
| 2.5% | 2.2% | 62.5% | 38.3% | -2.9% | -0.9% | -1.7% | -2.5% | -1.3% | - | - | ||
| - | - | - | - | - | - | - | - | 0 days | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €1,468, smaller than the loss of €2,949 in 2024.
Debt's share of the balance-sheet total rises from 1.7% to 2.4%. Equity and debt are higher.
NÉLITIS has no parent and no holdings in its annual accounts. NÉLITIS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Chemin de Nivelles 2 registered office 1435 Mont-Saint-Guibert |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25068B0924/00P000 | 9,221 m² | 1 · 225 m² | 6.7 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0597.634.915
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