Neonelite-Publima
ActiveSummary
The annual accounts of Neonelite-Publima for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €1.3m and a net result of -€551,621. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 102 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
History
Go further with this company
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2025 Net result -260% on 2024. Merger absorbing PUBLIMA LICHTRECLAME, effective 29-12-2025. The accounts now follow the full schema, last year the abbreviated schema.
- 2025 Equity +70%, Total assets +97% on 2024. Merger absorbing PUBLIMA LICHTRECLAME, effective 29-12-2025.
Peer companies
Historical observationOf the 370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €5.7m | - | - | - | - | - |
| Turnover70 | €5.2m | - | - | - | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €293,847 | - | - | - | - | - |
| Own construction capitalised72 | €88,524 | - | - | - | - | - |
| Other operating income74 | €98,508 | - | - | - | - | - |
| Operating charges60/66A | €5.9m | - | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €1.5m | - | - | - | - | - |
| Purchases600/8 | €1.5m | - | - | - | - | - |
| Change in stocks: decrease (increase)609 | €31,877 | - | - | - | - | - |
| Services and other goods61 | €1.2m | - | - | - | - | - |
| Remuneration, social security and pensions62 | €2.3m | €2.5m | €2.6m | €2.7m | €4.3m | ▲ 59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €316,938 | €320,687 | €314,015 | €184,816 | €410,086 | ▲ 122% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€19,160 | €75,343 | €2,188 | €7,357 | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €2,820 | -€2,115 | -€3,901 | -€26,059 | €0 | ▲ 100% |
| Other operating charges640/8 | €136,183 | €46,727 | €88,335 | €21,056 | €176,457 | ▲ 738% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | -€1.0m | - |
| Non-recurring operating charges66A | €381,710 | - | - | €135,002 | €281,138 | ▲ 108% |
| Gross operating margin9900 | - | €3.5m | €3.1m | €2.9m | €4.0m | ▲ 36.5% |
| Operating profit (loss)9901 | -€150,250 | €517,885 | €173,414 | -€71,548 | -€140,357 | ▼ 96.2% |
| Financial income75/76B | €176,315 | €18,331 | €26,630 | €51,975 | €12,602 | ▼ 75.8% |
| Recurring financial income75 | €24,825 | €18,331 | €26,630 | €51,975 | €12,602 | ▼ 75.8% |
| Income from current assets751 | €1,872 | - | - | - | - | - |
| Other financial income752/9 | €22,954 | - | - | - | - | - |
| Non-recurring financial income76B | €151,490 | - | - | - | - | - |
| Financial charges65/66B | €236,825 | €132,549 | €101,565 | €124,444 | €419,535 | ▲ 237% |
| Recurring financial charges65 | €85,335 | €132,549 | €101,565 | €124,444 | €419,535 | ▲ 237% |
| Debt charges650 | €50,967 | - | - | - | - | - |
| Other financial charges652/9 | €34,368 | - | - | - | - | - |
| Non-recurring financial charges66B | €151,490 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€210,760 | €403,667 | €98,479 | -€144,017 | -€547,290 | ▼ 280% |
| Income taxes67/77 | €9,797 | €2,458 | €35,603 | €9,376 | €4,331 | ▼ 53.8% |
| Taxes670/3 | €9,797 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€220,557 | €401,209 | €62,876 | -€153,393 | -€551,621 | ▼ 260% |
| Profit (loss) for the period to be appropriated9905 | -€220,557 | €401,209 | €62,876 | -€153,393 | -€551,621 | ▼ 260% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €4.5m | €3.8m | €5.1m | €10.1m | ▲ 97.0% |
| Formation expenses20 | €86,941 | €43,410 | - | - | €1.0m | - |
| Fixed assets21/28 | €635,515 | €568,243 | €440,340 | €1.0m | €2.8m | ▲ 169% |
| Intangible fixed assets21 | €361,135 | €286,524 | €150,693 | €267,533 | €1.5m | ▲ 464% |
| Tangible fixed assets22/27 | €273,585 | €280,924 | €288,851 | €757,722 | €1.2m | ▲ 53.1% |
| Plant, machinery and equipment23 | €53,981 | €80,594 | €58,643 | €392,313 | €612,383 | ▲ 56.1% |
| Furniture and vehicles24 | €30,254 | €54,564 | €45,761 | €77,846 | €181,904 | ▲ 134% |
| Leasing and similar rights25 | €93,288 | €46,991 | €102,531 | €71,323 | €229,042 | ▲ 221% |
| Other tangible fixed assets26 | €96,062 | €98,776 | €81,917 | €73,102 | €136,544 | ▲ 86.8% |
| Assets under construction and advance payments27 | - | - | - | €143,138 | €0 | ▼ 100% |
| Financial fixed assets28 | €796 | €796 | €796 | €796 | €94,462 | ▲ 11,774% |
| Other financial fixed assets284/8 | €796 | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €796 | - | - | - | - | - |
| Current assets29/58 | €3.7m | €3.9m | €3.4m | €4.1m | €6.3m | ▲ 54.3% |
| Stocks and contracts in progress3 | €2.0m | €1.8m | €2.0m | €2.1m | €3.2m | ▲ 51.5% |
| Stocks30/36 | €2.0m | €1.8m | €2.0m | €2.1m | €2.6m | ▲ 22.5% |
| Raw materials and consumables30/31 | €778,493 | - | - | - | - | - |
| Work in progress32 | €355,029 | - | - | - | - | - |
| Finished goods33 | €883,113 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | - | €618,000 | - |
| Amounts receivable within one year40/41 | €1.7m | €2.0m | €1.2m | €1.8m | €2.9m | ▲ 64.7% |
| Trade receivables40 | €1.5m | €1.4m | €909,261 | €1.5m | €2.5m | ▲ 73.3% |
| Other amounts receivable41 | €170,972 | €581,105 | €310,508 | €320,688 | €403,163 | ▲ 25.7% |
| Cash at bank and in hand54/58 | €7,220 | €84,501 | €32,717 | €127,768 | €88,155 | ▼ 31.0% |
| Deferred charges and accrued income490/1 | €20,798 | €24,705 | €79,464 | €45,727 | €54,839 | ▲ 19.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €4.5m | €3.8m | €5.1m | €10.1m | ▲ 97.0% |
| Equity10/15 | €474,448 | €875,657 | €938,533 | €785,140 | €1.3m | ▲ 70.4% |
| Contributions10/11 | €557,766 | €557,766 | €557,766 | €557,766 | €1.7m | ▲ 198% |
| Capital10 | €557,526 | €557,526 | €557,526 | €557,526 | €1.7m | ▲ 198% |
| Issued capital100 | €557,526 | €557,526 | €557,526 | €557,526 | €1.7m | ▲ 198% |
| Outside capital11 | €240 | €240 | €240 | €240 | €0 | ▼ 100% |
| Share premium1100/10 | €240 | €240 | €240 | €240 | €0 | ▼ 100% |
| Reserves13 | €55,753 | €317,891 | €380,767 | €227,374 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | €55,753 | €55,753 | €55,753 | €55,753 | €0 | ▼ 100% |
| Legal reserve130 | €55,753 | €55,753 | €55,753 | €55,753 | €0 | ▼ 100% |
| Distributable reserves133 | - | €262,138 | €325,014 | €171,621 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€139,071 | - | - | - | -€324,247 | - |
| Provisions and deferred taxes16 | €32,075 | €29,960 | €26,059 | - | - | - |
| Provisions for liabilities and charges160/5 | €32,075 | €29,960 | €26,059 | - | - | - |
| Environmental obligations163 | - | €29,960 | €26,059 | - | - | - |
| Other liabilities and charges164/5 | €32,075 | - | - | - | - | - |
| Amounts payable17/49 | €3.9m | €3.6m | €2.8m | €4.3m | €8.7m | ▲ 102% |
| Amounts payable after more than one year17 | €751,418 | €439,146 | €304,305 | €421,280 | €1.9m | ▲ 359% |
| Financial debts170/4 | €751,418 | €439,146 | €304,305 | €421,280 | €1.9m | ▲ 359% |
| Leasing and similar obligations172 | €59,911 | - | - | - | - | - |
| Credit institutions173 | €191,507 | - | - | - | - | - |
| Other loans174 | €500,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €3.1m | €3.1m | €2.4m | €3.8m | €6.7m | ▲ 75.6% |
| Current portion of amounts payable after more than one year42 | €159,424 | €294,885 | €341,206 | €346,540 | €476,233 | ▲ 37.4% |
| Financial debts43 | €608,026 | €651,327 | €557,024 | €889,983 | €772,892 | ▼ 13.2% |
| Credit institutions430/8 | €608,026 | €651,327 | €557,024 | €889,983 | €772,892 | ▼ 13.2% |
| Trade debts44 | €741,450 | €791,800 | €686,681 | €1.1m | €1.8m | ▲ 67.1% |
| Suppliers440/4 | €741,450 | €791,800 | €686,681 | €1.1m | €1.8m | ▲ 67.1% |
| Advances received on contracts in progress46 | €40,110 | - | - | - | €252,744 | - |
| Taxes, remuneration and social security45 | €1.6m | €1.4m | €790,066 | €1.5m | €2.9m | ▲ 88.5% |
| Taxes450/3 | €662,166 | €619,650 | €192,485 | €968,782 | €1.2m | ▲ 24.6% |
| Remuneration and social security454/9 | €929,912 | €730,441 | €597,581 | €551,716 | €1.7m | ▲ 201% |
| Other amounts payable47/48 | - | €18,866 | €65,373 | - | €561,736 | - |
| Accrued charges and deferred income492/3 | €32,614 | €51,843 | €95,936 | €88,794 | €96,525 | ▲ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€220,557 | €401,209 | €62,876 | -€153,393 | -€551,621 | ▼ 260% |
| + Depreciation and write-downs630 | €316,938 | €320,687 | €314,015 | €184,816 | €410,086 | ▲ 122% |
| Operating cash flow (approximation) | €96,381 | €721,895 | €376,891 | €31,424 | -€141,535 | ▼ 550% |
| Investment in fixed assets (approximation) | - | -€253,414 | -€186,112 | -€770,526 | -€2.1m | ▼ 179% |
| Change in cash | - | €77,281 | -€51,784 | €95,051 | -€39,614 | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
23-02
State Gazette act
Capital & shares · Purpose · Resignations & appointments · RestructuringResignations: VERHAGEN Philip (permanent representative) and POPLAR INVEST (director) · Appointment: POPLAR INVEST (sole director) · Permanent representative: LOOSVELDT Domien16 facts ▸
- General meeting, 29-12-2025
- Merger, 29-12-2025
- Dissolution, 29-12-2025
- Accounting effect, 01-01-2025
- Purpose change, De vennootschap heeft tot voorwerp: de fabricatie van en de handel in lichtreclame, lichtinstallaties, speciaal glas voor allerlei aanwendingen, alsook alle ver…
- Director resignation, VERHAGEN Philip (permanent representative)
- Director resignation, POPLAR INVEST (director)
- Director appointment, POPLAR INVEST (sole director)
- Permanent representative, LOOSVELDT Domien
- Mandate compensation, POPLAR INVEST
- Capital increase, €1.104.233,74
- Capital increase, €240,26
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A0020/00S000 | Flanders | 1.6 ha | 1 · 3,677 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| POPLAR INVEST |
|
Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
- HET FONDS
- POPLAR INVEST
- Neonelite-Publima
Highest known parent: HET FONDS. The sources do not say who stands above it.
Owners 1
-
100%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
90%
Holdings 2
-
100%
- Publima Glaifa B.V.NLsubsidiarySourceown accounts 2025100%
According to the 2025 annual accounts of Neonelite-Publima and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionCapital and shareholders
- POPLAR INVEST (BE 0437.072.201) 18,778 shares · 100%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-02-2026 Capital increase of 1,104,233.74 EUR · to 1,661,759.74 EUR · 12,478 new shares · in kind
- 23-02-2026 Capital increase of 240.26 EUR · to 1,662,000 EUR · “inlijving van uitgiftepremie”
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,515 EUR awarded · 1,515 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 975 EUR | 975 EUR |
| 2023 | 1 | 502 EUR | 502 EUR |
| 2022 | 1 | 38 EUR | 38 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesSimilar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.