Parent and group
- CAMINO100%
NESTAS
ActiveSummary
NESTAS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.2m and a net result of €371,478. Equity has been growing by about 6.5% per year since 2018. Its solvency ranks better than 43% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 25-06-2003 Normal situation
- Registered office
- 23 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Buying and selling of own real estate NACE 68110and 2 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.132.916.172 9031 Gent, since 01-07-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Board and ownership
Board
- ALOHAIManaging director · permanent representative CALLENS Claudia Paule Carla
- CAMINO GRONDONTWIKKELINGManaging director · permanent representative CALLENS Joost Gabriel Kamiel
- Auditor
- VRC BEDRIJFSREVISOREN BV
Shareholders
- CAMINO GRONDONTWIKKELING100%· score 942025 annual accounts of CAMINO GRONDONTWIKKELING
- Camino NVconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Turnover
- €10.7m
- ▲ 54.9%
- Profit
- €371,478
- ▲ 116%
- Equity
- €9.2m
- ▲ 4.2%
- Total assets
- €30.6m
- ▼ 15.9%
- Employees on 31-12-2025
- 5
- ▼ 16.7%
Turnover +55%: other schema
Score breakdownraises riskLiquidity: current ratio 2.76, cash €880,124lowers riskFounded in 2003Size: turnover €10.7m, 5.3 FTE, total assets €30.6mLegal form: public limited companyShow the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
55+6
equity 29.9% of total assets
Liquidity
37+8
short-term debt 36.2% · cash 2.9%
Profitability
41+2
return on assets 1.2%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.76 (2.09 in 2024), above the usual 1.5. Short-term debt is 36.2% and cash 2.9% of total assets. However, 70.1% of the assets are financed with debt and provisions.
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 49% of them on solvency, 30% on liquidity, 36% on profitability and 73% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
Five signals.
lowers riskraises riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
43 days early
2023
37 days early
2022
54 days early
2021
47 days early
2020
37 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 43 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 18 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Result rose in 2025different schema filed ▲ 116% View
- Positive: More equity than 85% of companies in real estatesector median €944,193 · 5,797 companies €9.2m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €371,478 8 years View
Recent changes
- · Gazette deed Reappointment: BV VRC Bedrijfsrevisoren (statutory auditor)
- · Gazette deed Permanent representatives: PAUWELS Geert Jozef Armand, Vandercruysse Thomas Marc Stijn and VLASSENROOT Karolien Suzanna
- · Gazette deed Resignations: CAMINO GRONDONTWIKKELING, Jaman and ALOHAIAppointments: ALOHAI (director) and CAMINO GRONDONTWIKKELING (director) · Permanent representatives: CALLENS Claudia Paule Carla and CALLENS Joost Gabriel Kamiel
Companies linked to NESTAS
Comparable companies
These companies have the same main activity as NESTAS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €15m and €64m, founded between 1994 and 2005.
| Company | Total assets | Gross margin |
|---|---|---|
| NESTAS Gent | €30.6m | €1.7m |
| ASCOT BELGIUM Maldegem | €37.6m | - |
| VANHOSTA Knokke-Heist | €53.0m | €2.4m |
| LE FOYER CENTRE ARDENNE Bertrix | €38.4m | €2.9m |
| NOVO BELGIUM HOLDING Elsene | €63.7m | €1.0m |
| SANTERRA Boortmeerbeek | €14.5m | €1.5m |
| ALL PROJECTS & DEVELOPMENTS Pajottegem | €48.0m | - |
Key facts about NESTAS
- What is the company number of NESTAS?
- The company number of NESTAS is 0860.375.449. The VAT number is the same number with BE in front: BE 0860.375.449.
- Where is NESTAS based?
- The registered office is at Landegemstraat 10, 9031 Gent.Company details
- What does NESTAS do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of NESTAS?
- The legal form of NESTAS is Public limited company (NV).
- When was NESTAS founded?
- NESTAS was founded on 25-06-2003.
- Is NESTAS still active?
- Yes, NESTAS is an active enterprise in the KBO register.
- How many employees does NESTAS have?
- NESTAS had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NESTAS fall under?
- In its 2025 annual accounts, NESTAS states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of NESTAS?
- The turnover of NESTAS was €10.7m in financial year 2025, according to the filed annual accounts.
- Is NESTAS profitable?
- In financial year 2025, NESTAS made a profit of €371,478.
- Where can I find the annual accounts of NESTAS?
- NESTAS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NESTAS due?
- NESTAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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