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NENCO

Active Private limited companyfounded 2012active for 14 yearsRue de Daussoulx, Emines 2, 5080 La BruyèreKBO/BCE: BE 0844.370.449 #9 company by total assets in La Bruyère, Wholesale and retail trade sector

Lifetime

14 annual accounts with figures on one time axis
peak €186,865 (2025)
€186,865▲ 711%
lowest -€3,809 (2024)
€84,885▲ €88,695
peak €90,435 (2025)
€90,435▲ 16×
€1.0m▼ 0.7%
Board3 names since 2015
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €23,045 to €186,865Back to profit: €84,885Equity from €5,549 to €90,435Cash from €36,202 to €126,955

Key points

from the 2025 annual accounts

Equity

€90,435 ▲ 16×
€5,5502024€90,4002025

Equity rose in 2025 from €5,549 to €90,435.

Debts

€1.0m 92% of the balance sheet
Financial debts 33%Suppliers 1%Taxes and wages 4%Other 63%

Of this, €697,304 falls due within a year.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2018 accounts came latest: 814 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 537 companies had the same profile as NENCO has now. Each dot stands for 2 companies, two years later.

95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 537 companies, not a prediction for NENCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
  • all the sharesdeed of 05-03-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0844370449
Company renamed from ARSIMO CAR to NENCO Appointment: (director) · holds all the shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-02-2024 · Gazette deed
Registered office moved from Arsimont to La Bruyère New registered office: Rue de Daussoulx, Emines 2 à 5080 La Bruyère · Previous registered office: RUE D'AUVELAIS 60 A 5060 ARSIMONT · Resignation: (director) · General meeting of 21021-02-16 · Gazette deed
Resignation: (manager) General meeting of 22-09-2015 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
NENCO La Bruyère €1.1m €186,865 8.0% -
DEMBUS Profondeville €1.3m €246,610 19.5% 1.7
Garage Bossaert Kemmel Heuvelland €1.1m €206,901 53.5% 1.4
Kojaparts Sint-Niklaas €1.0m €171,486 36.6% 1.3
AUTOHANDEL PIETERS Oudenburg €1.0m €191,846 48.9% 1
GARAGE-CARROSSERIE OMER HOOYLAERTS Tielt-Winge €1.1m €232,828 83.3% 4.5
CARSGELO Lanaken €1.0m €171,957 24.8% -

These companies have the same main activity as NENCO: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €966,000 and €1.3m, founded between 2010 and 2013.

Official details

Source: KBO
Status
Active since 13-03-2012Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 3 others
Establishment unit
2.207.754.6425080 La Bruyère, since 21-03-2012
Financial year end
31 December
Peppol
Reachable since 06-03-2026
Company details

Annual accounts 2025

≈ €1.1mestimated
€1.1m▲ 7.4%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on NENCO

NENCO files the micro format. That format states no turnover. The gross margin rose from €2,031 in 2012 to €186,865 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NENCO

What is the company number of NENCO?
The company number of NENCO is 0844.370.449. The VAT number is the same number with BE in front: BE 0844.370.449.
Where is NENCO based?
The registered office is at Rue de Daussoulx, Emines 2, 5080 La Bruyère.Company details
What does NENCO do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of NENCO?
NENCO is a private limited company (BV).
When was NENCO founded?
NENCO was founded on 13-03-2012.
Is NENCO still active?
Yes, NENCO is an active enterprise in the KBO register.
What is the turnover of NENCO?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €186,865 and 36 comparable companies (NACE 47811). It probably lies between €660,000 and €2.5m.Financials
Is NENCO profitable?
In financial year 2025, NENCO made a profit of €84,885.
Where can I find the annual accounts of NENCO?
NENCO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NENCO due?
NENCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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