NELSON GROUP
InactiveNELSON GROUP was declared bankrupt on 23-05-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 26-08-2025, published in the Belgian State Gazette on 01-09-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-10-2023, 83 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
83 d late
2021
121 d late
2020
31 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€723k▼ 0.2%
2021 · €724k
2018: €717k
2019: €739k
2020: €751k
2021: €724k
2018 → 2022
Total assets
€2.22M▼ 19.1%
2021 · €2.75M
2018: €2.45M
2019: €2.12M
2020: €2.32M
2021: €2.75M
2018 → 2022
Net result
€-2k▲ 93.8%
2021 · €-27k
2018: €16k
2019: €22k
2020: €13k
2021: €-27k
2018 → 2022
Working capital
€-507k▼ 2.5%
2021 · €-494k
2018: €87k
2019: €-85k
2020: €-310k
2021: €-494k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€717k-€739k▲ 3.1%€751k▲ 1.7%€724k▼ 3.6%€723k▼ 0.2%
Operating result€82k-€102k▲ 23.3%€66k▼ 35.4%€84k▲ 27.4%€-5k
Net result€16k-€22k▲ 33.4%€13k▼ 42.2%€-27k€-2k▲ 93.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €5k after €84k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.22M
Fixed assets
€1.73M▲ 7.5%
Current assets
€490k▼ 56.8%
Equity and liabilities €2.22M
Equity
€723k▼ 0.2%
Debt
€1.50M▼ 25.8%
The debt ratio falls from 73.6% to 67.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50k▼
2021 · €141k
Cash flow
€53k▲
2021 · €30k
Solvency
32.5%▲
2021 · 26.4%
Current ratio
0.49▼
2021 · 0.70
Quick ratio
0.49▼
2021 · 0.70
Debt / equity
2.08▼
2021 · 2.79
ROE
-0.2%▲
2021 · -3.7%
ROA
-0.1%▲
2021 · -1.0%
Interest coverage
1.31▼
2021 · 3.43
Debt
€1.50M▼
2021 · €2.02M
Debt ≤ 1 year
€997k▼
2021 · €1.63M
Debt > 1 year
€504k▲
2021 · €394k
Income taxes
€4k▲
2021 · €3k
Staff costs
€291k▲
2021 · €240k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€2.75M€2.22M▼
Fixed assets21/28€1.61M€1.73M▲
Intangible fixed assets21€513k€466k▼
Tangible fixed assets22/27€44k€36k▼
Furniture and vehicles24€9k€8k▼
Other tangible fixed assets26€35k€28k▼
Financial fixed assets28€1.06M€1.23M▲
Current assets29/58€1.14M€490k▼
Amounts receivable after more than one year29€130k€130k=
Trade receivables290€130k€130k=
Amounts receivable within one year40/41€978k€360k▼
Trade receivables40€885k€294k▼
Other amounts receivable41€92k€66k▼
Cash at bank and in hand54/58€26k€71▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€2.75M€2.22M▼
Equity10/15€724k€723k▼
Contributions10/11€769k€769k=
Capital10€769k€769k=
Issued capital100€769k€769k=
Reserves13€80€80▼
Non-distributable reserves130/1€80€80▼
Legal reserve130€80€80▼
Profit (loss) carried forward14€-44k€-46k▼
Amounts payable17/49€2.02M€1.50M▼
Amounts payable after more than one year17€394k€504k▲
Financial debts170/4€394k€504k▲
Amounts payable within one year42/48€1.63M€997k▼
Current portion of amounts payable after more than one year42€91k€35k▼
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€1.15M€240k▼
Suppliers440/4€1.15M€240k▼
Taxes, remuneration and social security45€295k€365k▲
Taxes450/3€245k€260k▲
Remuneration and social security454/9€50k€105k▲
Other amounts payable47/48€97k€350k▲
Accrued charges and deferred income492/3€76-
Income statement
Code20212022
Remuneration, social security and pensions62€240k€291k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€55k▼
Other operating charges640/8€30k€3k▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€414k€345k▼
Operating profit (loss)9901€84k€-5k▼
Financial income75/76B€3k€45k▲
Recurring financial income75€3k€45k▲
Non-recurring financial income76B-€45k
Financial charges65/66B€111k€38k▼
Recurring financial charges65€41k€38k▼
Non-recurring financial charges66B€70k-
Profit (loss) for the period before taxes9903€-24k€2k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€-27k€-2k▲
Profit (loss) for the period to be appropriated9905€-27k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-46k▼
Profit (loss) brought forward from the previous period14P€-17k€-44k▼
Social balance
Average headcount (FTE)90873.44.2▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · NELSON GROUP CVBA NIJVERHEIDSSTRAAT 70, 2160 WOMMELGEM · event 26-08-2025
2024
29-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · NELSON GROUP CVBA NIJVERHEIDSSTRAAT 70, 2160 WOMMELGEM · event 23-05-2024
2023
22-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 83 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 121 days late
2021
31-12
Financial
Weakest financial yearnet €-27k ▼312%
Net result drops to €-27k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
2019
31-12
Financial
Highest result since 2018net €22k ▲33.4%
Operating result €102k, net result €22k, both a record.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
09-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108A,
3400 LANDEN |
23-05-2024 → present |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108, 3400 LANDEN- |
23-05-2024 → present |