Equity
€403,257 ▲ 3.0%
NESTED paid out €75,000 in dividends. That is 86% of the 2026 profit.
NESTED
Lifetime
9 annual accounts with figures on one time axispeak €378,861 (2024)
€204,076▼ 33.7%
lowest -€101,905 (2021)
€86,930▼ 53.5%
peak €403,257 (2026)
€403,257▲ 3.0%
€264,684▲ 33.9%
Board1 name since 2017
1 directorPENAS NUNES ANTÓNIO João Carlos
Documentsfilings and deeds
28-10-20263 days before the deadline
2026abbreviated format
Gross margin from €307,949 to €204,076Result from €186,881 to €86,930Dividend €75,000Debts from €197,686 to €264,684
Key points
from the 2026 annual accountsResult
€86,930 ▼ 53.5%
The result fell in 2026 from €186,881 to €86,930.
Turnover
≈ €520,000 estimated
The accounts state no turnover.
Debts
€264,684 ▲ 33.9%
Debts rose by €66,999 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.
Filings
9 annual accounts 1 late
The 2021 accounts came 2 days late. The other eight were filed on time.
Position in the sector
€86,930
Higher net result than 84% of companies in accommodation. Sector median -€14,736 · 31 companies.
Checked score
97
Excellent
Financially stronger than 75% of micro companies in accommodation (NACE 55)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged 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 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.84, cash €341,313
Size: total assets €667,942
Figures for financial year 2026 (filed on 03-11-2026)
Equity €403,257 (60.4% of total assets)
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 55, micro). It does better than 78% of them on solvency, 92% on liquidity, 76% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-03-2026.
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, 26,972 companies had the same profile as NESTED has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NESTED itself is lower: < 0.1% within 12 months. It rests on far more data about NESTED 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.
| 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 26,972 companies, not a prediction for NESTED. 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 €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.84 (3.24 in 2025), above the usual 1.5. Short-term debt is 33% and cash 51.1% of total assets. 39.6% of the assets are financed with debt and provisions.
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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
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €403,257
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
3 days early
2025
4 days early
2024
20 days early
2023
88 days early
2022
on the day
2021
2 days late
2020
39 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 22 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675792862
Change of role: PENAS NUNES ANTÓNIO João Carlos, from director to administrateur non statutaire
“Louer ou/et acquérir des immeubles et donner en locations des parties de ces immeubles (appartements/ studios)…” (deed in French) · General meeting of 17-09-2024 · Gazette deed
Incorporation
published on 19-05-2017 · Gazette deed
First establishment
Anspachlaan 145, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NESTED Brussels | €667,942 | €204,076 | 60.4% | - |
| Treelodge Turnhout | €583,815 | €205,814 | 14.0% | - |
| ARDENNES-GITES Vielsalm | €716,358 | €201,999 | 16.9% | - |
| CLUB OF THE ROOTS Antwerp | €807,514 | €165,555 | 15.5% | 2.1 |
| Bnb assist Bruges | €602,315 | €136,076 | 50.8% | - |
| ANNA9 Bruges | €922,944 | €149,485 | -6.6% | - |
| PROJECT LEGACY Ostend | €789,234 | €134,794 | 3.3% | - |
These companies have the same main activity as NESTED: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €584,000 and €923,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 17-05-2017Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 31-03-2026
- Establishment unit
- 2.270.351.6131000 Brussels, since 17-05-2017
- Financial year end
- 31 March
- Peppol
- Reachable since 08-12-2025
Annual accounts to 31-03-2026
- €667,942▲ 13.4%
- Employeeson 31-03-2026
- 1
- Filing
- Filed on 28-10-2026, 3 days before the end of the filing period
Insights on NESTED
NESTED files the abbreviated format. That format states no turnover. The gross margin rose from €5,584 in 2018 to €204,076 in 2026.
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 NESTED
- What is the company number of NESTED?
- The company number of NESTED is 0675.792.862. The VAT number is the same number with BE in front: BE 0675.792.862.
- Where is NESTED based?
- The registered office is at Anspachlaan 145, 1000 Brussels.Company details
- What does NESTED do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of NESTED?
- NESTED is a private limited company (BV).
- When was NESTED founded?
- NESTED was founded on 17-05-2017.
- Is NESTED still active?
- Yes, NESTED is an active enterprise in the KBO register.
- How many employees does NESTED have?
- NESTED had an average of 0.7 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does NESTED fall under?
- In its 31-03-2026 annual accounts, NESTED states joint committee 302 (Hotels and catering).
- What is the turnover of NESTED?
- The turnover in financial year 2026 is ≈ €520,000. This figure is estimated from the gross margin of €204,076 and 1,649 comparable companies of the same size. It probably lies between €320,000 and €970,000. It is a rough estimate.
- Is NESTED profitable?
- In financial year 2026, NESTED made a profit of €86,930.
- Where can I find the annual accounts of NESTED?
- NESTED filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of NESTED due?
- NESTED must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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