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NES

Active Private limited companyfounded 2018active for 8 yearsKarreweg 141, 9770 KruisemKBO/BCE: BE 0711.717.209

Lifetime

7 annual accounts with figures on one time axis
peak €192,583 (2025)
€192,583▲ 7.3%
lowest -€20,643 (2019)
€41,243▼ 16.8%
peak €224,586 (2025)
€224,586▲ 22.5%
€1.5m▼ 4.2%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Equity from €183,343 to €224,586Cash from €58,713 to €100,116

Key points

from the 2025 annual accounts

Turnover

≈ €260,000 estimated

The micro format states no turnover.

Debts

€1.5m 87% of the balance sheet
Financial debts 41%Taxes and wages 1%Other 58%

Of this, €867,757 falls due within a year.

Filings

7 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2020 accounts came 31 days late. The other six were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,372 companies had the same profile as NES has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,372 companies, not a prediction for NES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager
Director
  • 250 sharesdeed of 17-10-2018
  • 250 sharesdeed of 17-10-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0711717209
Appointment: (director) General meeting of 14-09-2023 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen · Kruisem
Environmental permit granted Bouwen of herbouwen · Kruisem
All 18 events

Comparable companies

same main activity, similar in size and age
Company
NES Kruisem €1.7m €192,583 12.9% -
J & P GROUP Ghent €1.7m €224,928 21.7% -
COMGOED MAASEIK Beveren €1.8m €189,572 -8.1% 0
PH002 INVEST Merchtem €1.8m €191,547 8.1% -
VDK-LB Aarschot €1.9m €204,038 55.3% -
IMMO SEGEC Morlanwelz €1.7m €206,048 11.5% -
Portman & Drebbels Antwerp €1.5m €166,554 6.7% -

These companies have the same main activity as NES: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 15-10-2018Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Establishment unit
2.281.785.0429770 Kruisem, since 15-10-2018
Financial year end
31 December
Peppol
Reachable since 20-12-2024
Company details

Annual accounts 2025

€1.7m▼ 1.4%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on NES

NES files the micro format. That format states no turnover. The gross margin rose from -€11,045 in 2019 to €192,583 in 2025.

The balance sheet grew most from 2023 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NES

What is the company number of NES?
The company number of NES is 0711.717.209. The VAT number is the same number with BE in front: BE 0711.717.209.
Where is NES based?
The registered office is at Karreweg 141, 9770 Kruisem.Company details
What does NES do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of NES?
NES is a private limited company (BV).
When was NES founded?
NES was founded on 15-10-2018.
Is NES still active?
Yes, NES is an active enterprise in the KBO register.
What is the turnover of NES?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €192,583 and 37 comparable companies (NACE 68203). It probably lies between €210,000 and €410,000. In financial year 2021 turnover was €91,502.Financials
Is NES profitable?
In financial year 2025, NES made a profit of €41,243.
Where can I find the annual accounts of NES?
NES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NES due?
NES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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