NESSAC
ActiveSummary
NESSAC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,117 and a net result of €19,635. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 38,911 sector peers (NACE 70, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · fiscal year 2025, micro schema
Equity
€119,117▲ 19.7%
2024 · €99,482
Total assets
€399,897▼ 0.2%
2024 · €400,834
Net result
€19,635▲ 75.8%
2024 · €11,172
Working capital
-€259,074▲ 2.8%
2024 · -€266,621
Trend over the years
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result recovers in 2025; 2025 is 5% above 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€13,724
2025
Net result€19,635
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€399,897
2025
Equity€119,117
2025
Debt€280,780
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€259,074
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.00
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€13,721-€15,768▲ 14.9%€19,223▲ 21.9%€18,405▼ 4.3%€17,467▼ 5.1%€13,047▼ 25.3%€13,724▲ 5.2%
Net result€6,609-€11,472within the sector's middle half▲ 73.6%€11,664within the sector's middle half▲ 1.7%€15,122within the sector's middle half▲ 29.6%€10,937within the sector's middle half▼ 27.7%€11,172within the sector's middle half▲ 2.1%€19,635within the sector's middle half▲ 75.8%
Equity€39,115-€50,587within the sector's middle half▲ 29.3%€62,251within the sector's middle half▲ 23.1%€77,374within the sector's middle half▲ 24.3%€88,310within the sector's middle half▲ 14.1%€99,482within the sector's middle half▲ 12.7%€119,117within the sector's middle half▲ 19.7%
Total assets€409,345-€401,818within the sector's middle half▼ 1.8%€401,115within the sector's middle half▼ 0.2%€401,848within the sector's middle half▲ 0.2%€404,193within the sector's middle half▲ 0.6%€400,834within the sector's middle half▼ 0.8%€399,897within the sector's middle half▼ 0.2%
Debt€370,230-€351,231▼ 5.1%€338,864▼ 3.5%€324,475▼ 4.2%€315,882▼ 2.6%€301,352▼ 4.6%€280,780▼ 6.8%
Working capital-€237,797--€255,355below the sector's middle half▼ 7.4%-€257,358below the sector's middle half▼ 0.8%-€257,118below the sector's middle half▲ 0.1%-€261,624below the sector's middle half▼ 1.8%-€266,621below the sector's middle half▼ 1.9%-€259,074below the sector's middle half▲ 2.8%
Solvency9.6%-12.6%below the sector's middle half▲ 3.0pp15.5%below the sector's middle half▲ 2.9pp19.3%below the sector's middle half▲ 3.7pp21.8%below the sector's middle half▲ 2.6pp24.8%below the sector's middle half▲ 3.0pp29.8%within the sector's middle half▲ 5.0pp
Current ratio0.02-0.00below the sector's middle half▼ 0.020.00below the sector's middle half=0.01below the sector's middle half▲ 0.010.01below the sector's middle half=0.00below the sector's middle half▼ 0.010.00below the sector's middle half=
Return on assets (ROA)1.6%-2.9%within the sector's middle half▲ 1.2pp2.9%within the sector's middle half▲ 0.1pp3.8%within the sector's middle half▲ 0.9pp2.7%within the sector's middle half▼ 1.1pp2.8%within the sector's middle half▲ 0.1pp4.9%within the sector's middle half▲ 2.1pp
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399,897
Fixed assets
€399,874 ▼ 0.2%
Current assets
€23 ▼ 62.5%
Equity and liabilities €399,897
Equity
€119,117 ▲ 19.7%
Debt
€280,780 ▼ 6.8%
Debt's share of the balance-sheet total falls from 75.2% to 70.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,624▲
2024 · €13,947
Cash flow
€20,535▲
2024 · €12,072
Debt to equity
2.36▼
2024 · 3.03
ROE
16.5%▲
2024 · 11.2%
Interest coverage
7.19▲
2024 · 6.48
Debt ≤ 1 year
€259,096▼
2024 · €266,682
Debt > 1 year
€21,484▼
2024 · €34,471
Income taxes
€3,055▲
2024 · €2,724
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,605 | €1,605 | €605 | €605 | €1,505 | €900 | €900 | = |
| Other operating charges640/8 | - | - | - | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €15,674 | €17,720 | €20,176 | €19,357 | €19,356 | €14,334 | €15,024 | ▲ 4.8% |
| Operating profit (loss)9901 | €13,721 | €15,768 | €19,223 | €18,405 | €17,467 | €13,047 | €13,724 | ▲ 5.2% |
| Financial income75/76B | - | - | - | €4,000 | - | €3,000 | €11,000 | ▲ 267% |
| Recurring financial income75 | - | €3,000 | - | €4,000 | - | €3,000 | €11,000 | ▲ 267% |
| Financial charges65/66B | - | - | - | €3,196 | €2,514 | €2,151 | €2,034 | ▼ 5.4% |
| Recurring financial charges65 | €4,309 | €3,709 | €3,260 | €3,196 | €2,514 | €2,151 | €2,034 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €9,413 | €15,059 | €15,963 | €19,208 | €14,953 | €13,896 | €22,690 | ▲ 63.3% |
| Income taxes67/77 | €2,803 | €3,587 | €4,299 | €4,086 | €4,016 | €2,724 | €3,055 | ▲ 12.2% |
| Profit (loss) for the period9904 | €6,609 | €11,472 | €11,664 | €15,122 | €10,937 | €11,172 | €19,635 | ▲ 75.8% |
| Profit (loss) for the period to be appropriated9905 | €6,609 | €11,472 | €11,664 | €15,122 | €10,937 | €11,172 | €19,635 | ▲ 75.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €409,345 | €401,818 | €401,115 | €401,848 | €404,193 | €400,834 | €399,897 | ▼ 0.2% |
| Fixed assets21/28 | €403,294 | €401,689 | €401,084 | €400,479 | €401,674 | €400,774 | €399,874 | ▼ 0.2% |
| Tangible fixed assets22/27 | €3,420 | €1,815 | €1,210 | €605 | €1,800 | €900 | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,800 | €900 | - | - |
| Other tangible fixed assets26 | - | - | - | €605 | - | - | - | - |
| Financial fixed assets28 | €399,874 | €399,874 | €399,874 | €399,874 | €399,874 | €399,874 | €399,874 | = |
| Current assets29/58 | €6,051 | €129 | €31 | €1,369 | €2,519 | €60 | €23 | ▼ 62.5% |
| Amounts receivable within one year40/41 | €6,008 | €6 | - | €1,350 | - | - | - | - |
| Trade receivables40 | - | - | - | €600 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €750 | - | - | - | - |
| Cash at bank and in hand54/58 | €26 | €106 | €13 | €2 | €1 | €42 | €4 | ▼ 90.2% |
| Deferred charges and accrued income490/1 | - | - | - | €18 | €2,518 | €18 | €19 | ▲ 1.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €409,345 | €401,818 | €401,115 | €401,848 | €404,193 | €400,834 | €399,897 | ▼ 0.2% |
| Equity10/15 | €39,115 | €50,587 | €62,251 | €77,374 | €88,310 | €99,482 | €119,117 | ▲ 19.7% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Capital10 | - | - | - | €25,000 | €25,000 | - | - | - |
| Issued capital100 | - | - | - | €25,000 | €25,000 | - | - | - |
| Reserves13 | €706 | €1,279 | €1,279 | €1,279 | €1,279 | €1,279 | €1,279 | = |
| Non-distributable reserves130/1 | - | - | - | €1,279 | €1,279 | - | - | - |
| Legal reserve130 | - | - | - | €1,279 | €1,279 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,279 | €1,279 | = |
| Profit (loss) carried forward14 | €13,409 | €24,307 | €35,972 | €51,094 | €62,031 | €73,203 | €92,837 | ▲ 26.8% |
| Amounts payable17/49 | €370,230 | €351,231 | €338,864 | €324,475 | €315,882 | €301,352 | €280,780 | ▼ 6.8% |
| Amounts payable after more than one year17 | €126,117 | €95,747 | €81,007 | €65,888 | €51,539 | €34,471 | €21,484 | ▼ 37.7% |
| Financial debts170/4 | - | - | - | €65,888 | €51,539 | €34,471 | €21,484 | ▼ 37.7% |
| Amounts payable within one year42/48 | €243,848 | €255,484 | €257,389 | €258,487 | €264,143 | €266,682 | €259,096 | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,119 | €20,438 | €19,569 | €18,946 | ▼ 3.2% |
| Trade debts44 | €3,373 | €348 | €900 | €948 | €1,784 | €3,932 | €400 | ▼ 89.8% |
| Suppliers440/4 | - | - | - | €948 | €1,784 | €3,932 | €400 | ▼ 89.8% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €1,707 | - |
| Taxes, remuneration and social security45 | - | - | - | €7,084 | €3,766 | €1,604 | €1,255 | ▼ 21.7% |
| Taxes450/3 | - | - | - | €7,084 | €3,766 | €1,604 | €1,255 | ▼ 21.7% |
| Other amounts payable47/48 | - | - | - | €235,336 | €238,154 | €241,577 | €236,788 | ▼ 2.0% |
| Accrued charges and deferred income492/3 | - | - | - | €100 | €200 | €200 | €200 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,609 | €11,472 | €11,664 | €15,122 | €10,937 | €11,172 | €19,635 | ▲ 75.8% |
| + Depreciation and write-downs630 | €1,605 | €1,605 | €605 | €605 | €1,505 | €900 | €900 | = |
| Operating cash flow (approximation) | €8,214 | €13,077 | €12,269 | €15,727 | €12,442 | €12,072 | €20,535 | ▲ 70.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,700 | €0 | €0 | - |
| Change in cash | - | €80 | -€93 | -€12 | -€1 | €41 | -€38 | ▼ 192% |
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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