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Nell Ertz

Active
Private limited companyfounded 20242 yrs activeRue du Patronage 30, 4720 Kelmis, BelgiumKBO/BCE: BE 1005.774.489
Summary

The computed 12-month bankruptcy probability of Nell Ertz is 3.7% (moderate). The 2024 annual accounts show equity of €9,465 and a net result of €9,765. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency56
Growth-
Track record67
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06; short-term debt: 59.1% and cash: 52.7% of total assets), and 68.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
31.2%
Return on assets
32.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
35 d early
2024
59 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 47 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Nell Ertz was incorporated on 8 February 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, unclassified schema, 2025 accounts filed, figures not processed yet

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,765
Working capital
€1,006
Balance-sheet composition
Assets €30,272
Fixed assets €11,298
Current assets €18,974
Equity and liabilities €30,383
Equity €9,465
Debt €20,917
Debt finances 68.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€21,082
Cash flow
€14,470
Current ratio
1.06
Debt to equity
2.21
ROE
103.2%
ROA
32.1%
Interest coverage
421.63
Debt ≤ 1 year
€17,968
Income taxes
€6,561

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€30,383
Formation expenses20€111
Fixed assets21/28€11,298
Tangible fixed assets22/27€11,298
Furniture and vehicles24€11,298
Current assets29/58€18,974
Amounts receivable within one year40/41€2,950
Trade receivables40€2,950
Cash at bank and in hand54/58€16,024
Equity and liabilities
Total equity and liabilities10/49€30,383
Equity10/15€9,465
Contributions10/11€500
Profit (loss) carried forward14€8,965
Amounts payable17/49€20,917
Amounts payable within one year42/48€17,968
Trade debts44€12,729
Suppliers440/4€12,729
Taxes, remuneration and social security45€2,301
Taxes450/3€2,301
Other amounts payable47/48€2,937
Accrued charges and deferred income492/3€2,950
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,705
Other operating charges640/8€342
Gross operating margin9900€21,423
Operating profit (loss)9901€16,377
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€16,327
Income taxes67/77€6,561
Profit (loss) for the period9904€9,765
Profit (loss) for the period to be appropriated9905€9,765
Appropriation of the result
Profit (loss) to be appropriated9906€9,765
Profit to be distributed694/7€800
Return on contributions (dividend)694€800

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,705
Other operating charges640/8€342
Gross operating margin9900€21,423
Operating profit (loss)9901€16,377
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€16,327
Income taxes67/77€6,561
Profit (loss) for the period9904€9,765
Profit (loss) for the period to be appropriated9905€9,765
Line2024
Assets
Total assets20/58€30,383
Formation expenses20€111
Fixed assets21/28€11,298
Tangible fixed assets22/27€11,298
Furniture and vehicles24€11,298
Current assets29/58€18,974
Amounts receivable within one year40/41€2,950
Trade receivables40€2,950
Cash at bank and in hand54/58€16,024
Equity and liabilities
Total equity and liabilities10/49€30,383
Equity10/15€9,465
Contributions10/11€500
Profit (loss) carried forward14€8,965
Amounts payable17/49€20,917
Amounts payable within one year42/48€17,968
Trade debts44€12,729
Suppliers440/4€12,729
Taxes, remuneration and social security45€2,301
Taxes450/3€2,301
Other amounts payable47/48€2,937
Accrued charges and deferred income492/3€2,950
Line2024
Profit (loss) for the period9904€9,765
+ Depreciation and write-downs630€4,705
Operating cash flow (approximation)€14,470

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
NBB filing
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kelmis · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
923 m²
Building footprint
331 m²
Volume, LiDAR
2,772 m³
2 parcels, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Nell Ertz
Rue Hagenfeuer 10, 4720 KelmisHuman health activities
since 20242.356.234.819
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63040A0600/00C000 Wallonia 652 m² 1 · 134 m² 7.1 m · 2 fl.
63040A0148/00A000 Wallonia 271 m² 1 · 197 m² 11.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded08-02-2024
Fiscal year end31-12
Contact
E-mail ertz.nell@hotmail.be
Phone 0487/324168
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.