Active BE 0477.411.828Private limited company

NEMO

Esmoreitlaan 1 ·2050 Antwerpen, Belgium· 24 yrs active

Sector: Advertising agencies (73110)

Conclusion Checked

NEMO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €262k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€1.97M
Net result	€262k
Better than sector	87%
Active	24 yrs

Financial profile 5 of 5 axes measured · computed by Checked

82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 66

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2002, 24 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€180k

estimate, not credit advice

Score history

93 2023

93 2024

93 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 7.11 (≥ 1.5) +10

Quick ratio Quick ratio 7.11 (≥ 1.0) +5

Leverage Debt/equity 0.14 (< 1.0) +10

Profitability ROE 13% (≥ 10%) +10

Interest coverage Interest coverage 79.9× (≥ 3×) +8

Profit trend Net profit down YoY -3

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview23 NBB filings

Annual accounts filed on 26-08-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining At this pace, net result would indicatively turn negative around fiscal year 2028, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 73, Advertising, market research and public relations activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	87.9%	56.9%	better than 87% of 854 sector peers
Net result	€262k	€27k	better than 95% of 854 sector peers
Equity	€1.97M	€53k	better than 95% of 854 sector peers
Gross operating margin	€415k	€50k	better than 95% of 854 sector peers
Total assets	€2.24M	€121k	better than 95% of 856 sector peers

EBITDA

€333k

-36.0% 23-25

Net profit

€262k

-20.4% 23-25

Cash flow

€324k

-17.8% 23-25

Total assets

€2.24M

+5.7% 23-25

Equity

€1.97M

+7.3% 23-25

Working capital

€1.53M

+4.7% 23-25

Income taxes

€108k

-27.1% 23-25

Dividends

€128k

+106.8% 23-25

Debt

€270k

-4.7% 23-25

Debt ≤ 1y

€250k

-2.1% 23-25

Debt > 1y

€20k

-28.7% 23-25

Current ratio

7.11

+5.9% 23-25

Quick ratio

7.11

+5.9% 23-25

Solvency

87.9%

+1.5% 23-25

Debt / equity

0.14

-11.2% 23-25

ROE

13.3%

-25.8% 23-25

ROA

11.7%

-24.6% 23-25

Interest coverage

79.90

-40.3% 23-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023
Deposit	micro schema	micro schema	abbreviated schema
Revenue	-	-	-
EBITDA	€333k	€520k	€718k
Net profit	€262k	€329k	€454k
Cash flow	€324k	€395k	€518k
Staff costs	-	-	-
Income taxes	€108k	€148k	€214k
Dividends	€128k	€62k	€56k
Total assets	€2.24M	€2.12M	€1.95M
Equity	€1.97M	€1.84M	€1.57M
Debt	€270k	€283k	€376k
of which ≤ 1y	€250k	€255k	€326k
of which > 1y	€20k	€28k	€50k
Working capital	€1.53M	€1.46M	€1.22M
Employees (FTE)	-	-	-

Note: these years are not on the same basis. The filed schemas differ (micro schema, abbreviated schema), so the columns are not directly comparable.

Ratios (computed)

	2025	2024	2023
Current ratio	7.11	6.72	4.74
Quick ratio	7.11	6.72	4.74
Working capital ratio	68.2%	68.9%	62.7%
Solvency	87.9%	86.6%	80.7%
Debt / equity	0.14	0.15	0.24
Long-term debt ratio	0.01	0.02	0.03
Interest coverage	79.90	133.88	215.24
Gross margin	-	-	-
Net margin	-	-	-
ROA	11.7%	15.5%	23.3%
ROE	13.3%	17.9%	28.9%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €461k · 20.6% Current assets €1.78M · 79.4%

Equity & liabilities

Equity €1.97M · 88.0% Debt €270k · 12.1%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.24M	€2.12M	€1.95M
Fixed assets	21/28	€461k	€404k	€399k
Tangible fixed assets	22/27	€388k	€404k	€399k
Financial fixed assets	28	€73k	-	-
Current assets	29/58	€1.78M	€1.72M	€1.55M
Amounts receivable within one year	40/41	€428k	€417k	€105k
Investments	50/53	€288k	€127k	€109k
Cash & bank	54/58	€146k	€303k	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.24M	€2.12M	€1.95M
Equity	10/15	€1.97M	€1.84M	€1.57M
Contributions / capital	10/11	€12k	€12k	€12k
Reserves	13	€1.89M	€1.76M	€1.49M
Accumulated profits (losses)	14	€68k	€68k	€68k
Amounts payable	17/49	€270k	€283k	€376k
Amounts payable after one year	17	€20k	€28k	€50k
Amounts payable within one year	42/48	€250k	€255k	€326k
Trade debts payable within one year	44	€3k	-	€872
Income statement
Gross operating margin	9900	€415k	€570k	€719k
Operating result	9901	€270k	€454k	€655k
Financial income	75	€104k	€27k	€17k
Financial charges	65	€4k	€4k	€3k
Result before taxes	9903	€370k	€477k	€669k
Income taxes	67/77	€108k	€148k	€214k
Net result for the period	9904	€262k	€329k	€454k
Result to be appropriated	9905	€262k	€329k	€454k

Directors & mandates 1 directors

Current directors & mandates

WAES Tom Yvo Adrien
Director
State Gazette act 23458972 (15-12-2023)

Current
15-12-2023 → present

Legal Structure

NACE primary	Advertising agencies(73110)
Legal form	Private limited company(610)
Incorporation	24-04-2002
Status	Active
Postal code	2050

Establishment units 1 location

Esmoreitlaan 1, 2050 Antwerpen

NACE 7440101

since 20032.114.761.831

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11813N0721/00X003	Flanders	3,459 m²	1 · 626 m²	75.8 m · 23 fl.

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.

Updates 11 events

All 12Financial 1Gazette 1Filings 10

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

2026

26-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 26 days late

2025

31-12

Financial Weakest financial yearnet €262k ▼20.4%

Net result drops to €262k, the lowest in the series.

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

07-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

15-12

State Gazette act Director changes

Karl Van Looy · correction

04-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

18-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

12-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

21-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 21 days late

2019

11-03

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

30-03

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

07-03

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 7 acts read

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

15-12-2023 WAES Tom Yvo Adrien appointed as director Director changes·Karl Van Looycorrection

WAES Tom Yvo Adrien, Bestuurder

Notary: Karl Van Looy · Antwerpen

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Advertising agencies7311074401

Names & trade names

Legal nameNL

NEMO

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