NEOS
ActiveSummary
NEOS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,406 and a net result of €121,777. Equity is growing by ~44.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+12
Solvency52▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.01 in 2024; short-term debt: 32.3% and cash: 0.1% of total assets), and 73.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
26.9%
Return on assets
17.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
on the day
2022
80 d late
2021
73 d late
2020
81 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€190,406▲ 177%
2024 · €68,630
Total assets
€709,016▲ 1.8%
2024 · €696,461
Net result
€121,777▲ 141%
2024 · €50,613
Working capital
-€178,651▲ 18.2%
2024 · -€218,307
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€54,998▲ 15.6%€54,833▼ 0.3%€53,632▼ 2.2%€85,724▲ 59.8%€179,474▲ 109%
Net result€28,887▲ 63.2%€31,671▲ 9.6%€32,752▲ 3.4%€50,613▲ 54.5%€121,777▲ 141%
Equity-€46,406▲ 38.4%-€14,735▲ 68.2%€18,016€68,630▲ 281%€190,406▲ 177%
Total assets€907,173▼ 7.6%€832,352▼ 8.2%€757,639▼ 9.0%€696,461▼ 8.1%€709,016▲ 1.8%
Debt€953,579▼ 9.8%€847,087▼ 11.2%€739,622▼ 12.7%€627,831▼ 15.1%€518,609▼ 17.4%
Working capital-€203,712▲ 1.4%-€201,018▲ 1.3%-€200,335▲ 0.3%-€218,307▼ 9.0%-€178,651▲ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 109% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €709,016
Fixed assets
€658,886 ▼ 5.2%
Current assets
€50,130 ▲ 4,228%
Equity and liabilities €709,016
Equity
€190,406 ▲ 177%
Debt
€518,609 ▼ 17.4%
Debt's share of the balance-sheet total falls from 90.1% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€215,891▲
2024 · €132,570
Cash flow
€158,194▲
2024 · €97,460
Current ratio
0.22▲
2024 · 0.01
Debt to equity
2.72▼
2024 · 9.15
ROE
64.0%▼
2024 · 73.7%
ROA
17.2%▲
2024 · 7.3%
Interest coverage
15.56▲
2024 · 7.81
Debt ≤ 1 year
€228,781▲
2024 · €219,465
Debt > 1 year
€289,828▼
2024 · €408,366
Income taxes
€43,818▲
2024 · €18,298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,605 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,605 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,021 | €80,021 | €80,021 | €46,847 | €36,417 | ▼ 22.3% |
| Other operating charges640/8 | €5,733 | €5,850 | €6,418 | €6,715 | €6,580 | ▼ 2.0% |
| Gross operating margin9900 | €140,752 | €140,704 | €140,071 | €139,285 | €222,471 | ▲ 59.7% |
| Operating profit (loss)9901 | €54,998 | €54,833 | €53,632 | €85,724 | €179,474 | ▲ 109% |
| Financial income75/76B | €1 | €0 | - | €163 | €0 | ▼ 100% |
| Recurring financial income75 | €1 | €0 | - | €163 | €0 | ▼ 100% |
| Financial charges65/66B | €26,111 | €23,162 | €20,043 | €16,975 | €13,879 | ▼ 18.2% |
| Recurring financial charges65 | €26,111 | €23,162 | €20,043 | €16,975 | €13,879 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €28,887 | €31,671 | €33,589 | €68,912 | €165,595 | ▲ 140% |
| Income taxes67/77 | - | - | €837 | €18,298 | €43,818 | ▲ 139% |
| Profit (loss) for the period9904 | €28,887 | €31,671 | €32,752 | €50,613 | €121,777 | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €28,887 | €31,671 | €32,752 | €50,613 | €121,777 | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €907,173 | €832,352 | €757,639 | €696,461 | €709,016 | ▲ 1.8% |
| Fixed assets21/28 | €902,028 | €822,007 | €741,986 | €695,303 | €658,886 | ▼ 5.2% |
| Tangible fixed assets22/27 | €902,028 | €822,007 | €741,986 | €695,303 | €658,886 | ▼ 5.2% |
| Land and buildings22 | €873,301 | €807,644 | €741,986 | €695,303 | €658,886 | ▼ 5.2% |
| Plant, machinery and equipment23 | €28,727 | €14,364 | - | - | - | - |
| Current assets29/58 | €5,145 | €10,345 | €15,652 | €1,158 | €50,130 | ▲ 4,228% |
| Amounts receivable within one year40/41 | - | - | - | - | €48,732 | - |
| Trade receivables40 | - | - | - | - | €48,732 | - |
| Cash at bank and in hand54/58 | €4,657 | €9,830 | €3,021 | €495 | €763 | ▲ 54.2% |
| Deferred charges and accrued income490/1 | €488 | €515 | €12,632 | €663 | €635 | ▼ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €907,173 | €832,352 | €757,639 | €696,461 | €709,016 | ▲ 1.8% |
| Equity10/15 | -€46,406 | -€14,735 | €18,016 | €68,630 | €190,406 | ▲ 177% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | - | - | - | €170,406 | - |
| Distributable reserves133 | - | - | - | - | €170,406 | - |
| Profit (loss) carried forward14 | -€66,406 | -€34,735 | -€1,984 | €48,630 | €0 | ▼ 100% |
| Amounts payable17/49 | €953,579 | €847,087 | €739,622 | €627,831 | €518,609 | ▼ 17.4% |
| Amounts payable after more than one year17 | €744,722 | €635,724 | €523,635 | €408,366 | €289,828 | ▼ 29.0% |
| Financial debts170/4 | €744,722 | €635,724 | €523,635 | €408,366 | €289,828 | ▼ 29.0% |
| Amounts payable within one year42/48 | €208,857 | €211,363 | €215,988 | €219,465 | €228,781 | ▲ 4.2% |
| Current portion of amounts payable after more than one year42 | €105,992 | €108,998 | €112,089 | €115,269 | €118,538 | ▲ 2.8% |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €0 | - | - | - | - | - |
| Suppliers440/4 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €837 | €13,136 | €51,117 | ▲ 289% |
| Taxes450/3 | - | - | €837 | €13,136 | €51,117 | ▲ 289% |
| Other amounts payable47/48 | €102,865 | €102,365 | €103,061 | €91,061 | €59,127 | ▼ 35.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,887 | €31,671 | €32,752 | €50,613 | €121,777 | ▲ 141% |
| + Depreciation and write-downs630 | €80,021 | €80,021 | €80,021 | €46,847 | €36,417 | ▼ 22.3% |
| Operating cash flow (approximation) | €108,908 | €111,692 | €112,772 | €97,460 | €158,194 | ▲ 62.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€163 | €0 | ▲ 100% |
| Change in cash | - | €5,173 | -€6,810 | -€2,526 | €268 | ▲ 111% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €121,777 ▲141%
Operating result €179,474, net result €121,777, both a record.
31-12
Financial
Equity above €150,000Eq €190,406 ▲177%
8 profitable years in a row build equity to €190,406.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Vorselaar · 1 establishment unit since 2011
Ground area
1,370 m²
Building footprint
615 m²
Volume, LiDAR
3,896 m³
Parcel 13044G0351/00P002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Riemenstraat 92, 2290 Vorselaar
since 20112.206.377.638
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13044G0351/00P002 | Flanders | 1,370 m² | 1 · 615 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2011
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0841805590
Also
9925:BE0841805590
Registered
28-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.