NÉRÉE
ActiveSummary
NÉRÉE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €12k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-2
Solvency44=
Growth59▼-2
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.79 in 2024; short-term debt: 71.5% and cash: 1.4% of total assets), and 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
18.8%
Return on assets
1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
129 d late
2023
151 d late
2022
153 d late
2021
136 d late
2020
136 d late
2019
181 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€375k▼ 12.3%
2024 · €428k
2018: €476k
2019: €511k
2020: €389k
2021: €417k
2022: €418k
2023: €406k
2024: €428k
2018 → 2025
EBIT margin
4.4%▼ 6.0pp
2024 · 10.4%
2018: 4.9%
2019: 2.6%
2020: 4.0%
2021: 3.3%
2022: 0.7%
2023: 6.4%
2024: 10.4%
2018 → 2025
Net result
€12k▼ 58.2%
2024 · €29k
2018: €10k
2019: €2k
2020: €6k
2021: €7k
2022: €5k
2023: €17k
2024: €29k
2018 → 2025
Working capital
€-190k▼ 56.1%
2024 · €-122k
2018: €-187k
2019: €-179k
2020: €-196k
2021: €-180k
2022: €-162k
2023: €-160k
2024: €-122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€417k-€418k▲ 0.3%€406k▼ 2.8%€428k▲ 5.3%€375k▼ 12.3%
Equity€102k-€107k▲ 5.0%€124k▲ 15.8%€153k▲ 23.5%€166k▲ 8.0%
Operating result€14k-€3k▼ 77.7%€26k▲ 755%€45k▲ 72.4%€17k▼ 63.0%
Net result€7k-€5k▼ 24.0%€17k▲ 235%€29k▲ 72.4%€12k▼ 58.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €882k
Fixed assets
€441k ▲ 19.2%
Current assets
€441k ▼ 1.3%
Equity and liabilities €882k
Equity
€166k ▲ 8.0%
Debt
€717k ▲ 8.0%
Debt's share of the balance-sheet total stays at 81.2%.
Key figures and ratios
EBITDA
€73k▼
2024 · €90k
Cash flow
€69k▼
2024 · €75k
Current ratio
0.70▼
2024 · 0.79
Quick ratio
0.42▼
2024 · 0.54
Debt to equity
4.33=
2024 · 4.33
ROE
7.4%▼
2024 · 19.1%
ROA
1.4%▼
2024 · 3.6%
Interest coverage
9.87▼
2024 · 11.25
Debt ≤ 1 year
€631k▲
2024 · €569k
Debt > 1 year
€86k▼
2024 · €95k
Staff costs
€11k▼
2024 · €12k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€817k€882k▲
Fixed assets21/28€370k€441k▲
Tangible fixed assets22/27€370k€440k▲
Land and buildings22€329k€283k▼
Plant, machinery and equipment23€19k€142k▲
Furniture and vehicles24€22k€15k▼
Financial fixed assets28€56€1k▲
Current assets29/58€447k€441k▼
Stocks and contracts in progress3€138k€179k▲
Stocks30/36€138k€179k▲
Amounts receivable within one year40/41€216k€248k▲
Trade receivables40€214k€248k▲
Other amounts receivable41€2k€297▼
Cash at bank and in hand54/58€93k€12k▼
Deferred charges and accrued income490/1€563€2k▲
Equity and liabilities
Total equity and liabilities10/49€817k€882k▲
Equity10/15€153k€166k▲
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9k€9k=
Profit (loss) carried forward14€123k€136k▲
Amounts payable17/49€664k€717k▲
Amounts payable after more than one year17€95k€86k▼
Financial debts170/4€95k€86k▼
Amounts payable within one year42/48€569k€631k▲
Current portion of amounts payable after more than one year42€28k€35k▲
Trade debts44€16k€17k▲
Suppliers440/4€16k€17k▲
Taxes, remuneration and social security45€119k€139k▲
Taxes450/3€11k€11k=
Remuneration and social security454/9€108k€128k▲
Other amounts payable47/48€405k€439k▲
Income statement
Code20242025
Turnover70€428k€375k▼
Goods, raw materials, services and sundry goods60/61€477k€315k▼
Remuneration, social security and pensions62€12k€11k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€57k▲
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€63-
Gross operating margin9900€107k€90k▼
Operating profit (loss)9901€45k€17k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€40k€12k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€29k€12k▼
Profit (loss) for the period to be appropriated9905€29k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€136k▲
Profit (loss) brought forward from the previous period14P€94k€123k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
07-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 129 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲72.4%
Operating result €45k, net result €29k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲23.5%
7 profitable years in a row build equity to €153k.
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
2021
31-12
Financial
Equity above €100kEq €102k ▲7%
4 profitable years in a row build equity to €102k.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 136 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 181 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼80.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Père Cambier 175000 NamurGround area
205 m²
Building footprint
71 m²
Volume, LiDAR
871 m³
Parcel 92302G0195/00M009, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue Père Cambier 17, 5000 Namur
since 19982.085.145.652
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0195/00M009 | Wallonia | 205 m² | 1 · 71 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
AQUAMARINE TENNIS CLUB
BE 0860.731.874
Anderlecht · Eq €165,723
BMP-EQUIPMENT
BE 0459.137.226
Tessenderlo-Ham · Eq €166,492
PAR SHOP
BE 0877.969.368
Sint-Pieters-Woluwe · Eq €164,531
ALEA
BE 0882.427.806
Lokeren · Eq €164,308
HARMONY
BE 0465.635.038
Braine-l'Alleud · Eq €166,807
Of 1,314 companies in sector 47639 we hold annual accounts for 624. 501 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
46496Wholesale trade
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.