NELTANE
ActiveNELTANE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €846k and a net result of €26k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 2041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-14
Solvency90▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 3.38 in 2024; short-term debt: 34.6% and cash: 19.5% of total assets), and 34.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
31 d early
2023
115 d late
2022
42 d early
2021
31 d early
2020
5 d early
2019
49 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▼ 80.7%
2024 · €137k
2019: €-13k
2020: €-56k
2021: €-56k
2022: €164k
2023: €96k
2024: €137k
2019 → 2025
Working capital
€498k▼ 7.2%
2024 · €537k
2019: €426k
2020: €393k
2021: €597k
2022: €580k
2023: €602k
2024: €537k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€423k-€587k▲ 38.7%€683k▲ 16.3%€820k▲ 20.1%€846k▲ 3.2%
Operating result€-66k-€163k€108k▼ 33.5%€165k▲ 52.3%€277k▲ 67.6%
Net result€-56k-€164k€96k▼ 41.5%€137k▲ 42.9%€26k▼ 80.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€351k▲ 18.2%
Current assets
€947k▲ 24.2%
Equity and liabilities €1.30M
Equity
€846k▲ 3.2%
Debt
€452k▲ 88.5%
The debt ratio rises from 22.6% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€336k▲
2024 · €195k
Cash flow
€85k▼
2024 · €166k
Solvency
65.2%▼
2024 · 77.4%
Current ratio
2.11▼
2024 · 3.38
Quick ratio
1.70▼
2024 · 2.29
Debt / equity
0.53▲
2024 · 0.29
ROE
3.1%▼
2024 · 16.7%
ROA
2.0%▼
2024 · 12.9%
Interest coverage
305.13▲
2024 · 145.20
Debt
€452k▲
2024 · €240k
Debt ≤ 1 year
€449k▲
2024 · €226k
Debt > 1 year
€3k▼
2024 · €14k
Income taxes
€251k▲
2024 · €30k
Staff costs
€690k▲
2024 · €401k
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€1.06M€1.30M▲
Fixed assets21/28€297k€351k▲
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€212k€231k▲
Plant, machinery and equipment23€10k€15k▲
Furniture and vehicles24€100k€79k▼
Other tangible fixed assets26€102k€137k▲
Financial fixed assets28€82k€118k▲
Current assets29/58€763k€947k▲
Stocks and contracts in progress3€246k€185k▼
Stocks30/36€159k€139k▼
Contracts in progress37€86k€46k▼
Amounts receivable within one year40/41€395k€498k▲
Trade receivables40€367k€449k▲
Other amounts receivable41€28k€49k▲
Cash at bank and in hand54/58€112k€253k▲
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.30M▲
Equity10/15€820k€846k▲
Contributions10/11€102k€102k=
Outside capital11€102k-
Other1109/19€102k-
Reserves13€718k€745k▲
Non-distributable reserves130/1€129k€571k▲
Reserves not available under the articles1311€129k€571k▲
Tax-exempt reserves132€590k-
Distributable reserves133-€174k
Amounts payable17/49€240k€452k▲
Amounts payable after more than one year17€14k€3k▼
Financial debts170/4€14k€3k▼
Amounts payable within one year42/48€226k€449k▲
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€112k€123k▲
Suppliers440/4€112k€123k▲
Advances received on contracts in progress46€43k€69k▲
Taxes, remuneration and social security45€51k€146k▲
Taxes450/3€2k€78k▲
Remuneration and social security454/9€49k€68k▲
Other amounts payable47/48€8k€100k▲
Income statement
Code20242025
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€401k€690k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€59k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€981€102k▲
Gross operating margin9900€598k€1.13M▲
Operating profit (loss)9901€165k€277k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€167k€278k▲
Income taxes67/77€30k€251k▲
Profit (loss) for the period9904€137k€26k▼
Transfer to tax-exempt reserves689€56k-
Profit (loss) for the period to be appropriated9905€81k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€26k▼
Transfer from equity791/2-€590k
Transfer to equity691/2€81k€616k▲
To other reserves6921€81k€616k▲
Social balance
Average headcount (FTE)9087-13.0
The notes to these accounts (15 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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 115 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Back to profitnet €164k
Net result €164k after 3 loss-making years.
31-03
Financial
Equity above €500kEq €587k ▲38.7%
Equity rises from €423k to €587k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 189 days late
2016
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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
Registered office, Charleroi · 1 establishment unit since 2007
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.
Rue du Temple 316001 CharleroiGround area
378 m²
Building footprint
142 m²
Volume, LiDAR
990 m³
Parcel 52393B0214/00M008, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Neltane
since 20072.161.049.340
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52393B0214/00M008 | Wallonia | 378 m² | 1 · 142 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
16 categoriesNELTANE SRL31571
Legal Entity Identifier
254900ML27VK4M0YYA93
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2007
Fiscal year end31-03
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
42990Civil engineering
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43320Joinery installation
43343Specialised construction activities
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.