Nescu Engineering
ActiveSummary
The computed 12-month bankruptcy probability of Nescu Engineering is 2.1% (moderate). The 2025 annual accounts show negative equity (-€18,230) and a net result of -€898. Equity is shrinking by ~54.8% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 5 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)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 6,940 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €229 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €66 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147 | €106 | - | - | - | - |
| Other operating charges640/8 | €2,033 | €198 | €1,610 | - | €1,000 | - |
| Gross operating margin9900 | -€2,298 | -€1,635 | -€4,183 | -€3,363 | €162 | ▲ 105% |
| Operating profit (loss)9901 | -€4,477 | -€1,939 | -€5,793 | -€3,363 | -€838 | ▲ 75.1% |
| Financial charges65/66B | €125 | €86 | €447 | €0 | €60 | - |
| Recurring financial charges65 | €125 | €86 | €54 | €0 | €60 | - |
| Non-recurring financial charges66B | - | - | €393 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€4,602 | -€2,025 | -€6,240 | -€3,363 | -€898 | ▲ 73.3% |
| Income taxes67/77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | -€4,602 | -€2,025 | -€6,240 | -€3,363 | -€898 | ▲ 73.3% |
| Profit (loss) for the period to be appropriated9905 | -€4,602 | -€2,025 | -€6,240 | -€3,363 | -€898 | ▲ 73.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,524 | €20,479 | €12,886 | €9,243 | €8,296 | ▼ 10.2% |
| Fixed assets21/28 | €56 | €387 | €387 | €387 | €387 | = |
| Tangible fixed assets22/27 | €56 | €387 | €387 | €387 | €387 | = |
| Plant, machinery and equipment23 | €56 | - | - | - | - | - |
| Furniture and vehicles24 | - | €387 | €387 | €387 | €387 | = |
| Current assets29/58 | €28,469 | €20,092 | €12,500 | €8,857 | €7,910 | ▼ 10.7% |
| Cash at bank and in hand54/58 | €28,469 | €20,092 | €12,500 | €8,857 | €7,910 | ▼ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,524 | €20,479 | €12,886 | €9,243 | €8,296 | ▼ 10.2% |
| Equity10/15 | -€5,705 | -€7,730 | -€13,970 | -€17,332 | -€18,230 | ▼ 5.2% |
| Contributions10/11 | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Distributable reserves133 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€46,165 | -€48,190 | -€54,430 | -€57,792 | -€58,690 | ▼ 1.6% |
| Amounts payable17/49 | €34,229 | €28,209 | €26,856 | €26,576 | €26,527 | ▼ 0.2% |
| Amounts payable after more than one year17 | €30,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Financial debts170/4 | €30,000 | €25,000 | - | €25,000 | €25,000 | = |
| Trade debts175 | - | - | €25,000 | - | - | - |
| Amounts payable within one year42/48 | €4,229 | €3,209 | €1,856 | €1,576 | €1,527 | ▼ 3.1% |
| Trade debts44 | €2,038 | €1,301 | €0 | - | - | - |
| Suppliers440/4 | €2,038 | €1,301 | €0 | - | - | - |
| Other amounts payable47/48 | €2,192 | €1,908 | €1,856 | €1,576 | €1,527 | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,602 | -€2,025 | -€6,240 | -€3,363 | -€898 | ▲ 73.3% |
| + Depreciation and write-downs630 | €147 | €106 | - | - | - | - |
| Operating cash flow (approximation) | -€4,456 | -€1,919 | -€6,240 | -€3,363 | -€898 | ▲ 73.3% |
| Investment in fixed assets (approximation) | - | -€437 | €0 | €0 | €0 | - |
| Change in cash | - | -€8,376 | -€7,592 | -€3,643 | -€947 | ▲ 74.0% |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0105/00T032 | Flanders | 625 m² | 1 · 72 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.