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NELLIS

Active Private limited companyfounded 2023active for 3 yearsChamp d'al Vau 20, 1380 LasneKBO/BCE: BE 0802.176.538

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €359 (2024)
-€10,016▼ €10,375
lowest -€11,353 (2025)
-€11,353▼ €7,897
peak €6,544 (2024)
-€4,809▼ €11,353
€11,274▲ 14.1%
Board2 names since 2023
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €359 to -€10,016Loss of €11,353Equity from €6,544 to -€4,809Cash from €268 to €4,088

Key points

from the 2025 annual accounts

Equity

-€4,809
20242025

Debts exceed assets in financial year 2025.

Losses

-€14,809 in two years
-3,4562024-11,3532025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€11,274 174% of the balance sheet
Suppliers 21%Taxes and wages 10%Other 69%

Liquidity

0.53 was 1.57 in 2024

Short-term debts rose from €9,884 to €11,274.

Position in the sector

-74.4%

Lower solvency than 93% of companies in advertising and market research. Sector median 53.3% · 8,615 companies.

Turnover not published (micro format)

Checked score

53
Fair
Financially stronger than 12% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.2% 01-2025: 4.3%▲ +0.1 percentage points vs 12-2024 02-2025: 4.3%● unchanged vs 01-2025 03-2025: 4.2%▼ -0.1 percentage points vs 02-2025 04-2025: 4.5%▲ +0.3 percentage points vs 03-2025 05-2025: 4.6%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 4.6%● unchanged vs 05-2025highest value 07-2025: 4.6%● unchanged vs 06-2025highest value 08-2025: 4.6%● unchanged vs 07-2025 09-2025: 4.6%● unchanged vs 08-2025 10-2025: 4.0%▼ -0.6 percentage points vs 09-2025 11-2025: 4.0%● unchanged vs 10-2025 12-2025: 1.4%▼ -2.6 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.1%▼ -0.4 percentage points vs 06-2026 08-2026: 0.7%▼ -0.4 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Weak

0-65equity -74.4% of total assets
50+29short-term debt 174.4% · cash 63.2%
0=return on assets -175.6%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€4,809
lowers risk
Size: total assets €6,464
Liquidity: current ratio 0.53, cash €4,088
Sector: Advertising, market research and public relations activities (NACE 73)
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 73, micro). It does better than 5% of them on solvency, 36% on liquidity, 6% on profitability and 2% on growth.

The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 7,639 companies had the same profile as NELLIS has now. Each dot stands for 20 companies, two years later.

84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of NELLIS itself is lower: 0.7% within 12 months. It rests on far more data about NELLIS than the profile alone.

Test of the method

The method was tested on the 497,447 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 7,639 companies, not a prediction for NELLIS. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.53 (1.57 in 2024), below 1. Short-term debt is 174.4% and cash 63.2% of total assets. Equity is negative.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€4,809
NBB · annual accounts
lowers risk · Size: total assets €6,464
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.53, cash €4,088
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€4,809
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
3 days early
2024
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 14 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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.
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

GD
Director, since 27-05-2023
  • GRITZELIS Dimitris Jimmy Béatrice founderdeed of 31-05-2023
  • JOLY Maximilien Dean Isabelle founderdeed of 31-05-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0802176538
Registered office moved from Waterloo to Ohain New registered office: Champ d'Al Vau 20, 1380 Ohain · Previous registered office: CLOS DES ANNONCIADES 20, 1410 WATERLOO · Gazette deed
Registered office moved within Waterloo New registered office: Clos des Annonciades 2 à 1410 WATERLOO · Previous registered office: CHAUSSÉE DE BRUXELLES 66 à 1410 WATERLOO · General meeting of 30-06-2023 · Gazette deed
Incorporation Founding capital of €10,000, 10,000 shares · Founders: GRITZELIS Dimitris Jimmy Béatrice and JOLY Maximilien Dean Isabelle · Appointments: GRITZELIS Dimitris Jimmy Béatrice (director) and JOLY Maximilien Dean Isabelle (director) · published on 31-05-2023 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company
NELLIS Lasne €6,464 -€10,016 -74.4% -
POULE FICTION Ixelles €5,952 -€986 -23.9% -
LATTHYS CONSULTING Molenbeek-Saint-Jean €6,833 -€593 44.5% -
GiraSole Lubbeek €6,223 -€13,305 86.5% -
LA VILLA DU BITCOIN Herve €7,984 -€8,348 -209.4% -
AR COACHING & CONSULT Brussels €6,338 -€9,968 93.1% -
DELBAOL Mons €6,138 -€22,334 -1.4% -

These companies have the same main activity as NELLIS: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €5,950 and €7,980, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 27-05-2023Normal situation
Activity
Public relations and communication consultancyNACE 73300and 5 others
Establishment unit
2.345.784.1571410 Waterloo, since 27-05-2023
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

-€10,016
€11,353▲ 228%
-€4,809
€6,464▼ 60.7%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on NELLIS

NELLIS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,809) and a net result of -€11,353.

Its solvency ranks better than 7% of 8,615 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-07-2026, 3 days before the deadline
-€10,016
▼ €10,375
-€11,233
▼ €10,309
-€11,353
▼ €7,897
-€5,268
▼ €10,920
-74.4%
▼ 114.2 percentage points
0.53
▼ 1.04

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €6,464 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-74.4%

Higher than 7% of 8,615 companies in 2025.

0.53

Higher than 12% of 8,291 companies in 2025.

-175.6%

Lower than 95% of 8,400 companies in 2025.

NELLIS Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 6,46416,428
21/28 459892
22/27 459892
24 459892
29/58 6,00515,536
40/41 1,91715,268
40 86713,619
41 1,0501,649
54/58 4,088268
Balance sheet: equity and liabilities
10/49 6,46416,428
10/15 -4,8096,544
10/11 10,00010,000
14 -14,809-3,456
17/49 11,2749,884
42/48 11,2749,884
44 2,3704,315
440/4 2,3704,315
45 1,1772,712
450/3 1,1771,212
454/9 -1,500
47/48 7,7262,857
Income statement
9900 -10,016359
630 433407
640/8 784876
9901 -11,233-924
75/76B 601
75 601
65/66B 991,438
65 991,438
9903 -11,272-2,361
67/77 811,095
9904 -11,353-3,456
9905 -11,353-3,456
Appropriation of the result
9906 -14,809-3,456
14P -3,456-
Document PDFPDF

The notes to these accounts have 4 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 28-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00340962 PDF
31-12-2024 micro format 30-08-2025 2025-00476120 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
-10,800-517
-10,920-3,049
01,299
3,820-
-5,2685,652
-74.4%39.8%
0.531.57
-1.51
--52.8%
-175.6%-21.0%
-109.24-0.36

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Investments

fixed assets acquired
Item20252024
Tangible fixed assets-€1,299
€433€407

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on NELLIS

The operating result for 2025 is a loss of €11,233, larger than the loss of €924 in 2024.

Equity is negative. Debt (€11,274) exceeds the balance-sheet total (€6,464).

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 27-05-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 28-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée, avec la faculté de déléguer partie de…”
deed of 31-05-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
GRITZELIS Dimitris Jimmy Béatrice
Director (not named in the articles)
JOLY Maximilien Dean Isabelle
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
  • GRITZELIS Dimitris Jimmy Béatrice
    • Director (not named in the articles), from 27-05-2023 to date
  • JOLY Maximilien Dean Isabelle
    • Director (not named in the articles), appointed by deed of 31-05-2023, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

This company
NELLIS
Equity -€4,809
Loss €11,353 in 2025

Capital

Contribution
€10,000
Shares
10,000
Contribution per share
€1
Equity per share
-€0.48 in 2025
Source
deed of 31-05-2023

Articles of association

deed of 31-05-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 20:00

Founders

Network & group

No group

NELLIS has no parent and no holdings in its annual accounts. GRITZELIS Dimitris Jimmy Béatrice is the only director.

At the same address

Champ d'al Vau 20, 1380 Lasne · 1 other company
STYX INVEST
registered office since 05-03-2015 · founded in 2015
total assets €749,943 (2025)
0599.952.621

Earlier ties

MEDICIMMO REAL ESTATE
via GRITZELIS Dimitris Jimmy Béatrice, no longer at MEDICIMMO REAL ESTATE · Director (not named in the articles) · deed of 12-12-2019
founded in 2019
total assets €11,649 (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

7 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802176538
Annual accounts 2024 filed PDFmicro format · 30 days late
2024
Registered office moved from Waterloo to OhainNew registered office: Champ d'Al Vau 20, 1380 Ohain · Previous registered office: CLOS DES ANNONCIADES 20, 1410 WATERLOO1 point ▸
  • Registered-office move, Champ d'Al Vau 20, 1380 Ohain
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2023
Registered office moved within WaterlooNew registered office: Clos des Annonciades 2 à 1410 WATERLOO · Previous registered office: CHAUSSÉE DE BRUXELLES 66 à 1410 WATERLOO · General meeting of 30-06-20232 points ▸
  • General meeting, 30-06-2023
  • Registered-office move, Clos des Annonciades 2 à 1410 WATERLOO

Open the deed in the Belgian Official Gazette

IncorporationFounding capital of €10,000, 10,000 shares · Founders: GRITZELIS Dimitris Jimmy Béatrice and JOLY Maximilien Dean Isabelle · Appointments: GRITZELIS Dimitris Jimmy Béatrice (director) and JOLY Maximilien Dean Isabelle (director) · published on 31-05-20236 points ▸

Open the deed in the Belgian Official Gazette

First establishment Nellis SRL, Chaussée de Bruxelles 66, Waterloo

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 May 2023, NELLIS was incorporated as a private limited company by two natural persons, with a starting capital of €10,000.12 The registered office moved to Waterloo in 2023 and to Ohain in 2024.34 GRITZELIS Dimitris Jimmy Béatrice has served as director since 2023.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-05-2023
  3. 3Belgian Official Gazette, 21-11-2023
  4. 4Belgian Official Gazette, 06-06-2024
  5. 5National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0802.176.538
VAT number
BE 0802.176.538
Peppol ID
0208:0802176538
Other Peppol ID
9925:BE0802176538
Legal form
Private limited company
Status
Active, normal situation
Founded
27-05-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 20:00
deed of 31-05-2023 (in French)
Peppol
Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
NELLIS in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-05-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70210 Activities of head offices; management consultancy activities main activity
41101 Real estate development
46190 Wholesale trade
47910 Retail trade
68100 Real estate activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Achat et vente des panneaux photovoltaïques et tous accessoires; Installation de panneaux photovoltaïques; Installations énergétiques (pompe…”
7 activities
  1. Achat et vente des panneaux photovoltaïques et tous accessoires
  2. Installation de panneaux photovoltaïques
  3. Installations énergétiques (pompe à chaleur, batteries domestiques, bornes de recharge pour véhicules)
  4. Entreprise générale, travaux d’électricité, travaux de rénovation de toiture
  5. Import-export, vente et achat en gros et au détail, e-commerce de tous produits et marchandises
  6. Toutes opérations immobilières et notamment l'achat, la vente, la location, le leasing, la gestion, la gérance, l'expertise, la transformation, la mise en valeur, l'aménagement, l'équipement, et, d'une façon générale, toutes transactions et promotions immobilières généralement quelconques, pour compte propre ou pour compte de tiers, ainsi que toutes opérations qui, directement ou indirectement, sont en relation avec son objet ou sont de nature à favoriser l'accroissement d'un patrimoine immobilier. Le tout dans le sens le plus large et dans le respect des lois et règlements existants
  7. L’achat, la vente, l’importation, l’exportation, le commerce de gros et de détail, le commerce ambulant ainsi que les marchés publics de tous produits se rapportant directement ou indirectement aux activités ci-dessus
deed of 31-05-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Champ d'al Vau 20 registered office 1380 Lasne
Nellis SRL Chaussée de Bruxelles 66, 1410 Waterloo 27-05-2023 2.345.784.157
1 former office
  • Clos Des Annonciades 20, 1410 Waterloo until the deed of 06-06-2024

Buildings and parcels at the addresses

Ground area
1,873 m²
Buildings
199 m²
Volume, LiDAR
1,530 m³
Tallest building
14.3 m
Buildings to scale, each on its own parcel
140 m², 14.3 m 59 m², 11.7 m 140 m², 14.3 m 59 m², 11.7 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25076A0472/00K0001,495 m² 1 · 140 m² 14.3 m · 2
25762H0331/00A000378 m² 1 · 59 m² 11.7 m · 4

Invoicing and payment

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 0802.176.538