NEOVEST
ActiveSummary
NEOVEST has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €67k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 36% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+35
Solvency42▲+14
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.97 in 2024; short-term debt: 82.6% and cash: 5.7% of total assets), and 82.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €75k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
on the day
2022
3 d early
2021
24 d early
2020
1 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€75k▲ 923%
2024 · €7k
2019: €36k
2020: €37k▲ +0.4% vs 2019
2021: €37k▲ +0.5% vs 2020
2022: €47k▲ +26.5% vs 2021
2023: €3k▼ -94.4% vs 2022lowest in 7 years
2024: €7k▲ +181% vs 2023
2025: €75k▲ +923% vs 2024highest in 7 years
2019 → 2025
Total assets
€429k▲ 60.6%
2024 · €267k
2019: €694k
2020: €1.01M▲ +45.7% vs 2019highest in 7 years
2021: €856k▼ -15.4% vs 2020
2022: €271k▼ -68.3% vs 2021
2023: €80k▼ -70.5% vs 2022lowest in 7 years
2024: €267k▲ +234% vs 2023
2025: €429k▲ +60.6% vs 2024
2019 → 2025
Net result
€67k▲ 1,334%
2024 · €5k
2019: €229khighest in 7 years
2020: €118k▼ -48.3% vs 2019
2021: €148k▲ +25.4% vs 2020
2022: €30k▼ -79.9% vs 2021
2023: €-44k▼ -248% vs 2022lowest in 7 years
2024: €5k▲ +111% vs 2023
2025: €67k▲ +1334% vs 2024
2019 → 2025
Working capital
€60k
2024 · €-8k
2019: €36k
2020: €35k▼ -3.1% vs 2019
2021: €36k▲ +2.3% vs 2020
2022: €42k▲ +14.9% vs 2021
2023: €-2k▼ -106% vs 2022
2024: €-8k▼ -221% vs 2023lowest in 7 years
2025: €60k▲ +876% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€47k▲ 26.5%€3k▼ 94.4%€7k▲ 181%€75k▲ 923%
2021: €37k
2022: €47k▲ +26.5% vs 2021
2023: €3k▼ -94.4% vs 2022lowest in 5 years
2024: €7k▲ +181% vs 2023
2025: €75k▲ +923% vs 2024highest in 5 years
Operating result€138k-€37k▼ 73.4%€-43k€5k€-15k
2021: €138khighest in 5 years
2022: €37k▼ -73.4% vs 2021
2023: €-43k▼ -218% vs 2022lowest in 5 years
2024: €5k▲ +112% vs 2023
2025: €-15k▼ -399% vs 2024
Net result€148k-€30k▼ 79.9%€-44k€5k€67k▲ 1,334%
2021: €148khighest in 5 years
2022: €30k▼ -79.9% vs 2021
2023: €-44k▼ -248% vs 2022lowest in 5 years
2024: €5k▲ +111% vs 2023
2025: €67k▲ +1334% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €429k
Fixed assets
€15k =
Current assets
€414k ▲ 64.2%
Equity and liabilities €429k
Equity
€75k ▲ 923%
Debt
€355k ▲ 36.3%
Debt's share of the balance-sheet total falls from 97.3% to 82.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.17▲
2024 · 0.97
Debt to equity
4.75▼
2024 · 35.61
ROE
90.2%▲
2024 · 64.4%
ROA
15.7%▲
2024 · 1.8%
Debt ≤ 1 year
€355k▲
2024 · €260k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€267k€429k▲
Fixed assets21/28€15k€15k=
Financial fixed assets28€15k€15k=
Current assets29/58€252k€414k▲
Amounts receivable within one year40/41€182k€390k▲
Trade receivables40€155k€140k▼
Other amounts receivable41€27k€250k▲
Cash at bank and in hand54/58€69k€24k▼
Deferred charges and accrued income490/1€757€0▼
Equity and liabilities
Total equity and liabilities10/49€267k€429k▲
Equity10/15€7k€75k▲
Contributions10/11€20k€20k=
Reserves13€27k€55k▲
Distributable reserves133€27k€55k▲
Profit (loss) carried forward14€-39k€0▲
Amounts payable17/49€260k€355k▲
Amounts payable within one year42/48€260k€355k▲
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45-€844
Taxes450/3-€844
Other amounts payable47/48€251k€352k▲
Income statement
Code20242025
Other operating charges640/8€815€1k▲
Gross operating margin9900€6k€-14k▼
Operating profit (loss)9901€5k€-15k▼
Financial income75/76B-€91k
Recurring financial income75-€91k
Financial charges65/66B€352€9k▲
Recurring financial charges65€352€9k▲
Profit (loss) for the period before taxes9903€5k€67k▲
Income taxes67/77€0-
Profit (loss) for the period9904€5k€67k▲
Profit (loss) for the period to be appropriated9905€5k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€28k▲
Profit (loss) brought forward from the previous period14P€-44k€-39k▲
Transfer to equity691/2-€28k
To other reserves6921-€28k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €639 | €639 | €0 | - | - | - |
| Other operating charges640/8 | - | €62 | €287 | €815 | €1k | ▲ 61.0% |
| Gross operating margin9900 | €138k | €37k | €-43k | €6k | €-14k | ▼ 335% |
| Operating profit (loss)9901 | €138k | €37k | €-43k | €5k | €-15k | ▼ 399% |
| Financial income75/76B | - | €6k | €0 | - | €91k | - |
| Recurring financial income75 | €32k | €6k | €0 | - | €91k | - |
| Financial charges65/66B | - | €10k | €373 | €352 | €9k | ▲ 2,320% |
| Recurring financial charges65 | €22k | €10k | €373 | €352 | €9k | ▲ 2,320% |
| Profit (loss) for the period before taxes9903 | €148k | €33k | €-44k | €5k | €67k | ▲ 1,334% |
| Income taxes67/77 | €216 | €4k | €200 | €0 | - | - |
| Profit (loss) for the period9904 | €148k | €30k | €-44k | €5k | €67k | ▲ 1,334% |
| Profit (loss) for the period to be appropriated9905 | €148k | €30k | €-44k | €5k | €67k | ▲ 1,334% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €856k | €271k | €80k | €267k | €429k | ▲ 60.6% |
| Fixed assets21/28 | €639 | €5k | €5k | €15k | €15k | = |
| Tangible fixed assets22/27 | €639 | - | - | - | - | - |
| Financial fixed assets28 | - | €5k | €5k | €15k | €15k | = |
| Current assets29/58 | €855k | €266k | €75k | €252k | €414k | ▲ 64.2% |
| Stocks and contracts in progress3 | €225k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €164k | €38k | €40k | €182k | €390k | ▲ 114% |
| Trade receivables40 | - | €10k | €39k | €155k | €140k | ▼ 9.7% |
| Other amounts receivable41 | - | €28k | €1k | €27k | €250k | ▲ 812% |
| Cash at bank and in hand54/58 | €467k | €228k | €34k | €69k | €24k | ▼ 64.8% |
| Deferred charges and accrued income490/1 | - | - | €501 | €757 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €856k | €271k | €80k | €267k | €429k | ▲ 60.6% |
| Equity10/15 | €37k | €47k | €3k | €7k | €75k | ▲ 923% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €17k | €27k | €27k | €27k | €55k | ▲ 106% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Own shares acquired1312 | - | - | €0 | - | - | - |
| Distributable reserves133 | - | €25k | €27k | €27k | €55k | ▲ 106% |
| Profit (loss) carried forward14 | €14k | - | €-44k | €-39k | €0 | ▲ 100% |
| Amounts payable17/49 | €819k | €225k | €77k | €260k | €355k | ▲ 36.3% |
| Amounts payable within one year42/48 | €819k | €225k | €77k | €260k | €355k | ▲ 36.3% |
| Trade debts44 | €283k | - | €6k | €9k | €2k | ▼ 83.5% |
| Suppliers440/4 | - | - | €6k | €9k | €2k | ▼ 83.5% |
| Taxes, remuneration and social security45 | - | €4k | €0 | - | €844 | - |
| Taxes450/3 | - | €4k | €0 | - | €844 | - |
| Other amounts payable47/48 | - | €221k | €71k | €251k | €352k | ▲ 40.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148k | €30k | €-44k | €5k | €67k | ▲ 1,334% |
| + Depreciation and write-downs630 | €639 | €639 | €0 | - | - | - |
| Operating cash flow (approximation) | €149k | €30k | €-44k | €5k | €67k | ▲ 1,334% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €-10k | €0 | ▲ 100% |
| Change in cash | - | €-239k | €-194k | €35k | €-45k | ▼ 227% |
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
13-07
State Gazette act
Incorporation · Founder
Founding capital · Bank account · Eric GILISSEN
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
18-10
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lummen · 1 establishment unit since 2012
Ground area
1,019 m²
Building footprint
136 m²
Volume, LiDAR
1,126 m³
Parcel 71037C2797/00F002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Neovest
since 20122.213.697.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C2797/00F002 | Flanders | 1,019 m² | 1 · 136 m² | 12.9 m · 3 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-09-2012
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.