NELTECH

Active

Private limited companyfounded 20224 yrs activeKapellekensbaan 91A, 3720 Hasselt, BelgiumKBO/BCE: BE 0779.768.152

The computed 12-month bankruptcy probability of NELTECH is 2.0% (moderate). The 2025 annual accounts show equity of €217k and a net result of €58k. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 27319 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

93 / 100

Excellent▲ +9 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency100▲+31

Growth78=

Stability94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €20k at 30 days acceptable

Liquidity ample (current ratio 2.04 against 1.03 in 2024), and 29.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

70.3%

Return on assets

18.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

7 d early

2024

6 d late

2023

22 d early

2022

46 d early

← before the deadline after the deadline →

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

12-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€217k▲ 36.5%

2024 · €159k

2022: €55k 2023: €100k 2024: €159k

2022 → 2025

Total assets

€308k▼ 11.6%

2024 · €349k

2022: €339k 2023: €337k 2024: €349k

2022 → 2025

Net result

€58k▼ 2.3%

2024 · €59k

2022: €45k 2023: €45k 2024: €59k

2022 → 2025

Working capital

€78k▲ 1,612%

2024 · €5k

2022: €-139k 2023: €-64k 2024: €5k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€55k-€100k▲ 80.9%€159k▲ 59.6%€217k▲ 36.5%

Operating result€64k-€68k▲ 6.0%€86k▲ 26.1%€84k▼ 2.6%

Net result€45k-€45k▼ 1.1%€59k▲ 33.2%€58k▼ 2.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 3% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €308k

50.4%

49.6%

Fixed assets €155k▼ 13.3%

Current assets €153k▼ 9.9%

Equity and liabilities €308k

70.3%

29.7%

Equity €217k▲ 36.5%

Debt €92k▼ 51.9%

The debt ratio falls from 54.5% to 29.7%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€116k▼

2024 · €117k

Cash flow

€90k▼

2024 · €90k

Solvency

70.3%▲

2024 · 45.5%

Current ratio

2.04▲

2024 · 1.03

Quick ratio

1.41▲

2024 · 0.68

Debt / equity

0.42▼

2024 · 1.20

ROE

26.7%▼

2024 · 37.3%

ROA

18.8%▲

2024 · 17.0%

Interest coverage

28.61▲

2024 · 26.71

Debt

€92k▼

2024 · €190k

Debt ≤ 1 year

€75k▼

2024 · €165k

Debt > 1 year

€14k▼

2024 · €21k

Income taxes

€22k▼

2024 · €22k

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€349k€308k▼

Fixed assets21/28€179k€155k▼

Intangible fixed assets21€144k€124k▼

Tangible fixed assets22/27€35k€31k▼

Plant, machinery and equipment23€600€1k▲

Furniture and vehicles24€31k€22k▼

Other tangible fixed assets26€4k€8k▲

Current assets29/58€170k€153k▼

Stocks and contracts in progress3€57k€47k▼

Stocks30/36€47k€38k▼

Contracts in progress37€10k€9k▼

Amounts receivable within one year40/41€56k€70k▲

Trade receivables40€45k€50k▲

Other amounts receivable41€11k€20k▲

Cash at bank and in hand54/58€34k€19k▼

Deferred charges and accrued income490/1€23k€17k▼

Equity and liabilities

Total equity and liabilities10/49€349k€308k▼

Equity10/15€159k€217k▲

Contributions10/11€10k€10k=

Reserves13€149k€207k▲

Distributable reserves133€149k€207k▲

Amounts payable17/49€190k€92k▼

Amounts payable after more than one year17€21k€14k▼

Financial debts170/4€21k€14k▼

Amounts payable within one year42/48€165k€75k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€108k€33k▼

Suppliers440/4€108k€33k▼

Taxes, remuneration and social security45€49k€33k▼

Taxes450/3€42k€27k▼

Remuneration and social security454/9€7k€6k▼

Other amounts payable47/48€3k€3k=

Accrued charges and deferred income492/3€4k€2k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲

Other operating charges640/8€680€898▲

Gross operating margin9900€118k€117k▼

Operating profit (loss)9901€86k€84k▼

Financial income75/76B€3€17▲

Recurring financial income75€3€17▲

Financial charges65/66B€4k€4k▼

Recurring financial charges65€4k€4k▼

Profit (loss) for the period before taxes9903€81k€80k▼

Income taxes67/77€22k€22k▼

Profit (loss) for the period9904€59k€58k▼

Profit (loss) for the period to be appropriated9905€59k€58k▼

Appropriation of the result

Profit (loss) to be appropriated9906€59k€58k▼

Transfer to equity691/2€59k€58k▼

To other reserves6921€59k€58k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 4Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Equity above €200kEq €217k ▲36.5%

4 profitable years in a row build equity to €217k.

06-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 6 days late

2024

31-12

Financial Highest result since 2022net €59k ▲33.2%

Operating result €86k, net result €59k, both a record.

31-12

Financial Equity above €150kEq €159k ▲59.6%

3 profitable years in a row build equity to €159k.

09-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €45k ▼1.1%

Net result drops to €45k, the lowest in the series; recovery starts the following year.

15-06

NBB filing Annual accounts filed

fiscal year 2022 · 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, Hasselt · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Kapellekensbaan 91A3720 Hasselt

Ground area

1,058 m²

Building footprint

110 m²

Volume, LiDAR

242 m³

Parcel 73040C0946/00E000, Flanders · tallest building 3.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

NELTECH

Kapellekensbaan 91A, 3720 HasseltManufacture of metal structures and parts of structures

since 20222.326.021.990

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73040C0946/00E000	Flanders	1,058 m²	1 · 110 m²	3.0 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 187 EUR paid

Year	Entries	awarded	paid
2023	1	0 EUR	187 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 187 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

ALGEMENE ELECTRICITEITSWERKEN J & P

BE 0454.560.014

Houthalen-Helchteren · Eq €217k

Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 8,110 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-01-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

25110Manufacture of metal structures and parts of structures

43212Electrical installation work in industrial facilities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.