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Nest Development

Active Private limited companyfounded 2020active for 6 yearsKriktestraat 34, 9160 LokerenKBO/BCE: BE 0757.614.045

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €161,632 (2024)
€41,382▼ 74.4%
lowest -€14,553 (2022)
€28,308▼ 75.2%
peak €110,801 (2024)
€8,727▼ 92.1%
€356,510▲ 38.4%
Board1 name since 2020
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €161,632 to €41,382Result from €114,087 to €28,308Dividend €130,382Equity from €110,801 to €8,727Debts from €257,621 to €356,510Cash from €46,117 to €298,806

Key points

from the 2025 annual accounts

Equity

€8,727 from €110,801 in 2024

Equity fell by 92% in 1 year.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€356,510 98% of the balance sheet
Financial debts 56%Suppliers 1%Taxes and wages 16%Other 27%

Of this, €156,213 falls due within a year.

Liquidity

2.34 was 6.39 in 2024

Short-term debts rose from €57,621 to €156,213.

Filings

5 annual accounts 1 late
AprilJune31 JulyOctober20222024

The 2021 accounts came 11 days late. The other four were filed on time.

Checked score

87
Excellent
Financially stronger than 40% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.4 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

27-28equity 2.4% of total assets
80+18short-term debt 42.8% · cash 81.8%
57-43return on assets 7.8%

Score breakdown

raises risk
1 change of registered office in 24 months
Equity €8,727 (2.4% of total assets)
lowers risk
Liquidity: current ratio 2.34, cash €298,806
Sector: Real estate activities (NACE 68)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 23% of them on solvency, 86% on liquidity, 46% on profitability and 6% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as Nest Development has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of Nest Development itself is lower: 0.2% within 12 months. It rests on far more data about Nest Development than the profile alone.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 2,153 companies, not a prediction for Nest Development. 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.34 (6.39 in 2024), above the usual 1.5. Short-term debt is 42.8% and cash 81.8% of total assets. However, 97.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.34, cash €298,806
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €8,727 (2.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 17190 sector peers (2025).
NBB · sector comparison
Position among 17190 sector peers
Solvency
better than 24%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
2 days early
2024
31 days early
2023
29 days early
2022
39 days early
2021
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AP
Director
  • AUMAN Pieter-Jan 100 sharesdeed of 03-11-2020
Board & ownership

Recent changes

Registered office moved within Lokeren New registered office: Kriktestraat 34, 9160 Lokeren · Previous registered office: Gentse Steenweg 243A, 9160 Lokeren · Board meeting of 12-04-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0757614045
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Aalst
Incorporation Founding capital of €2,000, 100 shares · Founder: AUMAN Pieter-Jan · Appointment: AUMAN Pieter-Jan (director) · published on 03-11-2020 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
Nest Development Lokeren €365,237 €41,382 2.4% -
PEZEWEVER Lokeren €365,727 €54,121 57.3% -
Uw-Vastgoed Beveren-Kruibeke-Zwijndrecht €338,020 €45,983 10.7% 0
HIMPE EN C° Ronse €343,914 €44,491 -0.2% -
SEAL-IT-INVEST Waasmunster €437,366 €49,517 4.0% -
Juloods Izegem €374,966 €34,486 55.7% -
HOUTKANT RETAIL Herent €395,251 €34,039 16.4% -

These companies have the same main activity as Nest Development: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €338,000 and €437,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 29-10-2020Normal situation
Activity
Buying and selling of own real estateNACE 68110and 2 others
Establishment unit
2.309.122.1179160 Lokeren, since 29-10-2020
Financial year end
31 December
Peppol
Reachable since 12-08-2025
Company details

Annual accounts 2025

€41,382▼ 74.4%
€28,308▼ 75.2%
€8,727▼ 92.1%
€365,237▼ 0.9%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on Nest Development

Nest Development files the micro format. That format states no turnover. The gross margin rose from €12,480 in 2021 to €41,382 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-07-2026, 2 days before the deadline
€41,382
▼ 74.4%
€38,459
▼ 76.1%
€28,308
▼ 75.2%
€208,824
▼ 32.8%
2.4%
▼ 27.7 percentage points
2.34
▼ 4.06

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €62,000 and €230,000.

Balance sheet

balance sheet total €365,237 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

2.4%

Higher than 24% of 17,190 companies in 2025.

2.34

Higher than 71% of 16,487 companies in 2025.

7.8%

Higher than 71% of 16,866 companies in 2025.

Nest Development Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 365,237368,423360,365292,18328,459
20 -00--
21/28 200----
28 200----
29/58 365,037368,423360,365292,18328,459
3 0200,095248,786182,075-
30/36 0200,095248,786182,075-
40/41 47,938121,977107,29988,887-
40 47,93897019,692--
41 0121,00787,60788,887-
54/58 298,80646,1173,43021,02828,459
490/1 18,293234850192-
Balance sheet: equity and liabilities
10/49 365,237368,423360,365292,18328,459
10/15 8,727110,801-3,286-5,7308,823
10/11 2,0002,0002,0002,0002,000
13 6,7276,7276,7276,7276,727
130/1 06,7276,7276,7276,727
1311 06,7276,7276,7276,727
133 6,727----
14 0102,074-12,013-14,45796
17/49 356,510257,621363,651297,91319,636
17 200,000200,000---
170/4 200,000200,000---
42/48 156,21357,621363,651297,91319,636
42 --160,00059,228-
44 2,18915,4983,65138,685552
440/4 2,18915,4983,65138,685552
45 57,38042,056--6,994
450/3 51,37742,056--6,994
454/9 6,003----
47/48 96,64567200,000200,00012,090
492/3 297----
Income statement
76A 05,4345,576--
9900 41,382161,63212,592-13,19012,480
630 ----1,070
640/8 2,9236282,836872-
9901 38,459161,0049,756-14,06311,410
75/76B 2,5203,00983496-
75 2,5203,00983496-
65/66B 1,3997,9267,395987611
65 1,3997,9267,395987611
9903 39,581156,0872,444-14,55310,799
67/77 11,27342,000--02,833
9904 28,308114,0872,444-14,5537,966
9905 28,308114,0872,444-14,5537,966
Appropriation of the result
9906 130,382102,074-12,013-14,4577,966
14P 102,074-12,013-14,45796-
691/2 ----6,727
6921 ----6,727
694/7 130,382---1,143
694 130,382---1,143
Document PDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00348736 PDF
31-12-2024 micro format 30-06-2025 2025-00194653 PDF
31-12-2023 micro format 02-07-2024 2024-00193696 PDF
31-12-2022 micro format 22-06-2023 2023-00146576 PDF
31-12-2021 micro format 11-08-2022 2022-20283265 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
----12,480
----9,036
200---1,070
252,68942,687-17,599-7,431-
208,824310,801-3,286-5,7308,823
2.4%30.1%-0.9%-2.0%31.0%
2.346.390.990.981.45
2.342.920.310.371.45
40.852.33--2.23
324.4%103.0%--90.3%
7.8%31.0%0.7%-5.0%28.0%
----20.43

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€1,070
Financial fixed assets€200----
----€1,070

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Nest Development

The operating result for 2025 is 76% lower than in 2024.

Debt's share of the balance-sheet total rises from 69.9% to 97.6%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 03-11-2020
listed in the 2025 annual accounts, filed on 29-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”
deed of 03-11-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • AUMAN Pieter-Jan
    • Director, appointed by deed of 03-11-2020, still in office

See the board, name and registered office on a given date →

Control

This company
Nest Development
Equity €8,727
Profit €28,308 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€87.27 in 2025
Source
deed of 03-11-2020

Articles of association

deed of 03-11-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 17:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 03-11-2020 ↗

Network & group

No group

Nest Development has no parent and no holdings in its annual accounts. AUMAN Pieter-Jan is the only director.

At the same address

Kriktestraat 34, 9160 Lokeren · 1 other company
ELAS
registered office since 02-11-2020
founded in 2020
0757.713.817

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ELAS
via Auman Pieter-Jan · Manager · deed of 12-11-2020
Founded in 2020
→

Timeline

Timeline

15 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Registered office moved within LokerenNew registered office: Kriktestraat 34, 9160 Lokeren · Previous registered office: Gentse Steenweg 243A, 9160 Lokeren · Board meeting of 12-04-20262 points ▸
  • Board meeting, 12-04-2026
  • Registered-office move, Kriktestraat 34, 9160 Lokeren

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0757614045
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Highest result from 2021 to 2025 net €114,087 ▲4,568% The operating result of €161,004 and the net result of €114,087 are both a record.
Liquidity more than 6 times current ratio 6.39 The current ratio rises from 0.99 to 6.39. Short-term debt falls from €363,651 to €57,621.
Equity above €100,000 equity €110,801 After 2 profitable years in a row, equity reaches €110,801.
Annual accounts 2023 filed PDFmicro format · 29 days before the deadline
2023
Back to profit net €2,444 The net result is €2,444, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 39 days before the deadline
2022
Weakest financial year net -€14,553 The net result drops to -€14,553, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 11 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Aalst
2020
IncorporationFounding capital of €2,000, 100 shares · Founder: AUMAN Pieter-Jan · Appointment: AUMAN Pieter-Jan (director) · published on 03-11-20204 points ▸

Open the deed in the Belgian Official Gazette

First establishment ELAS, ELAS-woningbouw, nest-development, Kriktestraat 34, Lokeren

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Nest Development was incorporated on 29 October 2020 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Lokeren in 2026.3 AUMAN Pieter-Jan is director of the company, appointed by deed of 03-11-2020.2 Total assets rose from €28,459 in 2021 to €365,237 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-11-2020
  3. 3Belgian Official Gazette, 10-08-2026
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0757.614.045
VAT number
BE 0757.614.045
Peppol ID
0208:0757614045
Other Peppol ID
9925:BE0757614045
Legal form
Private limited company
Status
Active, normal situation
Founded
29-10-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 17:00
deed of 03-11-2020 (in Dutch)
Peppol
Reachable since 12-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Nest Development in Dutch
Name in the Peppol Directory
ELAS
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-11-2020 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Nest Development
deed of 03-11-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Gentse Steenweg 243 A, 9160 Lokeren”
deed of 03-11-2020 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
68100 Real estate activities main activity
41101 Real estate development
68321 Real estate activities
68322 Real estate activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Handel in eigen onroerend goed; Verhuur van eigen onroerend goed; Ontwikkeling van residentiële bouwprojecten; Projectontwikkeling voor de…”
15 activities
  1. Handel in eigen onroerend goed;
  2. Verhuur van eigen onroerend goed;
  3. Ontwikkeling van residentiële bouwprojecten;
  4. Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken;
  5. Projectontwikkeling voor de bouw van appartementsgebouwen;
  6. Ontwikkeling van niet-residentiële bouwprojecten;
  7. Projectontwikkeling voor kantoorbouw;
  8. Projectontwikkeling voor de bouw of de aanleg van : commerciële en industriële centra,hotels,industriezones en markten,jachthavens,wintersportcentra,enzovoort;
  9. Projectontwikkeling voor de aanleg of renovatie van stadswijken;
  10. Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis;
  11. Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis;
  12. Verlenen,in opdracht van de eigenaar of de mede-eigenaars,van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen (residentieel gebouw);
  13. Verlenen in opdracht van de eigenaar(s) van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen (niet residentieel gebouw);
  14. Diverse ondersteunende activiteiten ten behoeve van voorzieningen;
  15. Bouwpromotor.
deed of 03-11-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
ELAS, ELAS-woningbouw, nest-development registered office Kriktestraat 34, 9160 Lokeren 29-10-2020 2.309.122.117

Buildings and parcels at the address

Ground area
1,369 m²
Buildings
248 m²
Volume, LiDAR
599 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
248 m², 8.1 m 248 m², 8.1 m

Environmental permits

3 applications in Flanders since 2021 · 1 granted
02-05-2022 Granted Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 25-02-2022 · project 2022029287 Aalst
23-02-2022 Discontinued Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 10-01-2022 · project 2022001986 Aalst
23-11-2021 Discontinued Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 18-10-2021 · project 2021162427 Aalst

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
46014A1760/00F0001,369 m² 1 · 248 m² 8.1 m · 1

Contact

E-mail pieter-jan@nest-development.be

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0757.614.045