NESTERRA
ActiveNESTERRA has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €434k and a net result of €-85k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-71
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
short-term debt: 0.3% and cash: 1.9% of total assets, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
57 d early
2023
4 d early
2022
32 d early
2020
5 d late
2019
16 d early
2018
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€434k▼ 16.3%
2024 · €519k
2018: €255k
2019: €307k
2020: €340k
2022: €528k
2023: €512k
2024: €519k
2018 → 2025
Total assets
€436k▼ 16.7%
2024 · €523k
2018: €722k
2019: €731k
2020: €725k
2022: €556k
2023: €517k
2024: €523k
2018 → 2025
Net result
€-85k
2024 · €7k
2018: €29k
2019: €123k
2020: €33k
2022: €299k
2023: €-16k
2024: €7k
2018 → 2025
Working capital
€413k▲ 6.0%
2024 · €389k
2018: €-198k
2019: €-137k
2020: €-75k
2022: €393k
2023: €380k
2024: €389k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€340k-€528k▲ 55.2%€512k▼ 3.1%€519k▲ 1.4%€434k▼ 16.3%
Operating result€92k-€443k▲ 381%€-6k€6k€-87k
Net result€33k-€299k▲ 815%€-16k€7k€-85k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €87k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€22k▼ 83.1%
Current assets
€414k▲ 5.3%
Equity and liabilities €436k
Equity
€434k▼ 16.3%
Debt
€1k▼ 67.5%
The debt ratio falls from 0.7% to 0.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-82k▼
2024 · €8k
Cash flow
€-80k▼
2024 · €10k
Solvency
99.7%▲
2024 · 99.3%
Debt / equity
0.00▼
2024 · 0.01
ROE
-19.5%▼
2024 · 1.4%
ROA
-19.5%▼
2024 · 1.4%
Interest coverage
-491.93▼
2024 · 56.68
Debt
€1k▼
2024 · €4k
Debt ≤ 1 year
€1k▼
2024 · €4k
Income taxes
€740▼
2024 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €436k, equity €434k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€523k€436k▼
Fixed assets21/28€130k€22k▼
Tangible fixed assets22/27€6k€20k▲
Land and buildings22-€5k
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€103€9k▲
Financial fixed assets28€124k€2k▼
Current assets29/58€393k€414k▲
Amounts receivable after more than one year29€154k€147k▼
Other amounts receivable291€154k€147k▼
Stocks and contracts in progress3-€41k
Stocks30/36-€41k
Amounts receivable within one year40/41€238k€217k▼
Trade receivables40€5k-
Other amounts receivable41€233k€217k▼
Cash at bank and in hand54/58€988€8k▲
Equity and liabilities
Total equity and liabilities10/49€523k€436k▼
Equity10/15€519k€434k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€349k€349k=
Distributable reserves133€349k€349k=
Profit (loss) carried forward14€152k€67k▼
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€1k€517▼
Suppliers440/4€1k€517▼
Taxes, remuneration and social security45€3k€752▼
Taxes450/3€3k€752▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€1k€86k▲
Gross operating margin9900€9k€4k▼
Operating profit (loss)9901€6k€-87k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€142€167▲
Recurring financial charges65€142€167▲
Profit (loss) for the period before taxes9903€10k€-84k▼
Income taxes67/77€3k€740▼
Profit (loss) for the period9904€7k€-85k▼
Profit (loss) for the period to be appropriated9905€7k€-85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€152k€67k▼
Profit (loss) brought forward from the previous period14P€144k€152k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
State Gazette act
BenamingGeneral meeting · Name change · Purpose change3 facts ▸
State Gazette act
Benaming
General meeting · Name change · Purpose change3 facts ▸
- General meeting, 25/06/2026
- Name change, NESTERRA
- Purpose change, De vennootschap heeft als voorwerp, zowel voor eigen rekening als voor rekening van derden, zowel in Belgie als in het buitenland, alleen of in samenwerking met…
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-85k ▼1243%
Net result drops to €-85k, the lowest in the series.
30-09
Financial
Liquidity triplescurrent ratio 326.09
Current ratio from 100.78 to 326.09; short-term debt falls from €4k to €1k.
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 5current ratio 72.93
Current ratio from 15.28 to 72.93; short-term debt falls from €28k to €5k.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €299k ▲815%
Operating result €443k, net result €299k, both a record.
30-09
Financial
Liquidity times 32current ratio 15.28
Current ratio from 0.47 to 15.28; short-term debt falls from €143k to €28k.
30-09
Financial
Equity above €500kEq €528k ▲55.2%
4 profitable years in a row build equity to €528k.
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beernem · 1 establishment unit since 2001
Ground area
2,248 m²
Building footprint
309 m²
Parcel 31021A0757/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
Select Safety
since 20012.116.445.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021A0757/00F002 | Flanders | 2,248 m² | 1 · 309 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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THE CIRCLE GROUP
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ZINDER
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SERSEN REAL ESTATE
BE 0729.867.689
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2001
Fiscal year end30-09
Legal name NL
SELECT SAFETY
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43211General electrical installation work
43910Bricklaying and masonry work
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.