NELS
ActiveThe computed 12-month bankruptcy probability of NELS is 3.1% (moderate). The 2025 annual accounts show equity of €6k and a net result of €2k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 13270 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+84
Solvency79▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 19-07-2026, 12 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
12 d early
2024
31 d late
2023
29 d late
2022
66 d late
2021
16 d early
2020
58 d early
2019
35 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▲ 51.6%
2024 · €4k
2018: €-44k
2019: €-37k
2020: €-33k
2021: €-13k
2022: €45k
2023: €20k
2024: €4k
2018 → 2025
Total assets
€12k▲ 35.1%
2024 · €9k
2018: €81k
2019: €73k
2020: €55k
2021: €72k
2022: €109k
2023: €41k
2024: €9k
2018 → 2025
Net result
€2k
2024 · €-15k
2018: €5k
2019: €7k
2020: €4k
2021: €19k
2022: €59k
2023: €-26k
2024: €-15k
2018 → 2025
Working capital
€6k▲ 51.6%
2024 · €4k
2018: €-55k
2019: €-38k
2020: €-28k
2021: €-4k
2022: €63k
2023: €31k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-13k-€45k€20k▼ 56.5%€4k▼ 78.3%€6k▲ 51.6%
Operating result€23k-€65k▲ 185%€-24k€-14k▲ 38.9%€3k
Net result€19k-€59k▲ 202%€-26k€-15k▲ 39.8%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €12k
Equity
€6k▲ 51.6%
Debt
€6k▲ 19.7%
The debt ratio falls from 51.8% to 45.9%. Equity and debt are higher.
Key figures and ratios
Solvency
54.1%▲
2024 · 48.2%
Current ratio
2.18▲
2024 · 1.93
Quick ratio
2.18▲
2024 · 1.93
Debt / equity
0.85▼
2024 · 1.08
ROE
34.0%▲
2024 · -359.8%
ROA
18.4%▲
2024 · -173.4%
Debt
€6k▲
2024 · €5k
Debt ≤ 1 year
€6k▲
2024 · €5k
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€9k€12k▲
Current assets29/58€9k€12k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40-€5k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€9k€12k▲
Equity10/15€4k€6k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-8k€-6k▲
Amounts payable17/49€5k€6k▲
Amounts payable within one year42/48€5k€6k▲
Trade debts44€3k€486▼
Suppliers440/4€3k€486▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€73€532▲
Income statement
Code20242025
Other operating charges640/8€804€420▼
Gross operating margin9900€-14k€3k▲
Operating profit (loss)9901€-14k€3k▲
Financial charges65/66B€980€544▼
Recurring financial charges65€980€544▼
Profit (loss) for the period before taxes9903€-15k€2k▲
Profit (loss) for the period9904€-15k€2k▲
Profit (loss) for the period to be appropriated9905€-15k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-6k▲
Profit (loss) brought forward from the previous period14P€7k€-8k▼
The notes to these accounts (1 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
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-26k ▼144%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Highest result since 2018net €59k ▲202%
Operating result €65k, net result €59k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.37
Current ratio from 0.93 to 2.37; short-term debt falls from €62k to €46k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2016
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.
Waterleidingsstraat 1551050 ElseneGround area
189 m²
Building footprint
156 m²
Volume, LiDAR
1,627 m³
2 parcels, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BAO BANG BANG
since 20162.256.745.580
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0069/00K068 | Brussels | 104 m² | 1 · 62 m² | 11.9 m · 3 fl. |
| 21447B0239/00Y000 | Brussels | 85 m² | 1 · 94 m² | 18.1 m · 5 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.256.745.580
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ASTORE
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LA BOITE A PAIN - LIEGE
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IXI
BE 0761.559.371
Brussel · Eq €6k
Goeminne & Martens
BE 0783.735.947
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TARTINOS
BE 0477.348.579
Gent · Eq €7k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 5,878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-06-2016
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.