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Nerviens Development

Active
Private limited companyfounded 20233 yrs activeNieuwewandeling 62, 9000 Gent, BelgiumKBO/BCE: BE 0805.296.275
Summary

The computed 12-month bankruptcy probability of Nerviens Development is 2.8% (moderate). The 2025 annual accounts show negative equity (-€270,563) and a net result of €24,354. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability38▲+4
Solvency24=
Growth78
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.59 against 1.46 in 2024; short-term debt: 62.8% and cash: 1.7% of total assets), but equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-1.2%
Return on assets
0.1%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 d early
2024
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 26 days before 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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 August 2023, Nerviens Development was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€270,563▲ 8.3%
2024 · -€294,917
Total assets
€23.1m▲ 2.5%
2024 · €22.5m
Net result
€24,354
2024 · -€344,917
Working capital
€8.6m▲ 20.6%
2024 · €7.1m
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
Line20242025
Operating result€1.5m-€1.3m▼ 15.4%
Net result-€344,917-€24,354
Equity-€294,917--€270,563▲ 8.3%
Total assets€22.5m-€23.1m▲ 2.5%
Debt€22.8m-€23.3m▲ 2.4%
Working capital€7.1m-€8.6m▲ 20.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2024: €1.5m€1.5mNet result 2024: -€344,917-€344,917Operating result 2025: €1.3m€1.3mNet result 2025: €24,354€24,35420242025-€500,000€0€500,000€1m€1.5mOperating result 2024: €1.5m€1.5mNet result 2024: -€344,917-€345,000Operating result 2025: €1.3m€1.3mNet result 2025: €24,354€24,40020242025
The operating result falls in 2025; 2025 is 15% below 2024.
Key figures and ratios
2025 value · change against 2024
Solvency
-1.2%▲
2024 · -1.3%
Current ratio
1.59▲
2024 · 1.46
Quick ratio
0.03▲
2024 · 0.00
Debt to equity
-86.21▼
2024 · -77.27
ROA
0.1%▲
2024 · -1.5%
Debt ≤ 1 year
€14.5m▼
2024 · €15.4m
Debt > 1 year
€8.3m▲
2024 · €6.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 133 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.

  • Medium-sized
  • negative equity
  • a profit under 5% of the balance sheet
  • without age
0.8% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 133 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€22.5m€23.1m▲
Current assets29/58€22.5m€23.1m▲
Stocks and contracts in progress3€22.5m€22.7m▲
Stocks30/36€22.5m€22.7m▲
Amounts receivable within one year40/41€1,397€0▼
Trade receivables40€1,397€0▼
Cash at bank and in hand54/58€20,413€397,226▲
Deferred charges and accrued income490/1€3,693€4,882▲
Equity and liabilities
Total equity and liabilities10/49€22.5m€23.1m▲
Equity10/15-€294,917-€270,563▲
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€344,917-€320,563▲
Amounts payable17/49€22.8m€23.3m▲
Amounts payable after more than one year17€6.9m€8.3m▲
Financial debts170/4€6.9m€8.3m▲
Amounts payable within one year42/48€15.4m€14.5m▼
Financial debts43€15.4m€14.5m▼
Credit institutions430/8€15.4m€14.5m▼
Trade debts44€8,819€7,736▼
Suppliers440/4€8,819€7,736▼
Accrued charges and deferred income492/3€525,660€547,380▲
Income statement Code20242025
Other operating charges640/8€1,878€2,082▲
Gross operating margin9900€1.5m€1.3m▼
Operating profit (loss)9901€1.5m€1.3m▼
Financial charges65/66B€1.9m€1.3m▼
Recurring financial charges65€1.9m€1.3m▼
Profit (loss) for the period before taxes9903-€344,917€24,354▲
Profit (loss) for the period9904-€344,917€24,354▲
Profit (loss) for the period to be appropriated9905-€344,917€24,354▲
Appropriation of the result
Profit (loss) to be appropriated9906-€344,917-€320,563▲
Profit (loss) brought forward from the previous period14P--€344,917

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€1,878€2,082▲ 10.8%
Gross operating margin9900€1.5m€1.3m▼ 15.4%
Operating profit (loss)9901€1.5m€1.3m▼ 15.4%
Financial charges65/66B€1.9m€1.3m▼ 32.1%
Recurring financial charges65€1.9m€1.3m▼ 32.1%
Profit (loss) for the period before taxes9903-€344,917€24,354▲ 107%
Profit (loss) for the period9904-€344,917€24,354▲ 107%
Profit (loss) for the period to be appropriated9905-€344,917€24,354▲ 107%
Line20242025Change
Assets
Total assets20/58€22.5m€23.1m▲ 2.5%
Current assets29/58€22.5m€23.1m▲ 2.5%
Stocks and contracts in progress3€22.5m€22.7m▲ 0.8%
Stocks30/36€22.5m€22.7m▲ 0.8%
Amounts receivable within one year40/41€1,397€0▼ 100%
Trade receivables40€1,397€0▼ 100%
Cash at bank and in hand54/58€20,413€397,226▲ 1,846%
Deferred charges and accrued income490/1€3,693€4,882▲ 32.2%
Equity and liabilities
Total equity and liabilities10/49€22.5m€23.1m▲ 2.5%
Equity10/15-€294,917-€270,563▲ 8.3%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€344,917-€320,563▲ 7.1%
Amounts payable17/49€22.8m€23.3m▲ 2.4%
Amounts payable after more than one year17€6.9m€8.3m▲ 20.6%
Financial debts170/4€6.9m€8.3m▲ 20.6%
Amounts payable within one year42/48€15.4m€14.5m▼ 5.9%
Financial debts43€15.4m€14.5m▼ 5.9%
Credit institutions430/8€15.4m€14.5m▼ 5.9%
Trade debts44€8,819€7,736▼ 12.3%
Suppliers440/4€8,819€7,736▼ 12.3%
Accrued charges and deferred income492/3€525,660€547,380▲ 4.1%
Line20242025Change
Profit (loss) for the period9904-€344,917€24,354▲ 107%
Operating cash flow (approximation)-€344,917€24,354▲ 107%
Change in cash-€376,813-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €24,354
Net result €24,354 after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,277 m²
Building footprint
281 m²
Volume, LiDAR
4,129 m³
Parcel 44806F0399/00H000, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
95 companies at this address See who is registered here
1 establishment unit
Nerviens Development
Nieuwewandeling 62, 9000 GentReal estate development
since 20232.349.753.041
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44806F0399/00H000
ProtectedTownscape or village viewHerenhuis in neoclassicistische stijl met tuinSource ↗
Flanders 2,277 m² 1 · 281 m² 17.8 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Part of the group The Good Life Development Fund II 10 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. The Good Life Development Fund II 100%
  2. Nerviens Development

Highest known parent: The Good Life Development Fund II. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805296275
Registered 04-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.