Nestworks
ActiveThe computed 12-month bankruptcy probability of Nestworks is 2.6% (moderate). The 2024 annual accounts show equity of €32k and a net result of €53k. Its solvency ranks better than 13% of 9980 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency35▼-21
Growth78
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.53 in 2023), but 98% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9980 sector peers (2024).
NBB · sector comparisonPosition among 9980 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€32k
2023 · €-21k
2023: €-21k
2023 → 2024
Total assets
€1.65M▲ 240%
2023 · €487k
2023: €487k
2023 → 2024
Net result
€53k
2023 · €-21k
2023: €-21k
2023 → 2024
Working capital
€898k▲ 430%
2023 · €169k
2023: €169k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€-21k-€32k
Operating result€-19k-€86k
Net result€-21k-€53k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €86k after a loss of €19k in 2023.
Balance-sheet composition
Equity and liabilities €1.65M
Equity
€32k
Debt
€1.62M
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
Solvency
2.0%▲
2023 · -4.3%
Current ratio
2.19▲
2023 · 1.53
Quick ratio
0.10▲
2023 · 0.01
Debt / equity
50.09▲
2023 · -24.22
ROE
164.8%▲
2023 · 100.5%
ROA
3.2%▲
2023 · -4.3%
Debt
€1.62M▲
2023 · €508k
Debt ≤ 1 year
€756k▲
2023 · €318k
Debt > 1 year
€865k▲
2023 · €190k
Income taxes
€11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€487k€1.65M▲
Current assets29/58€487k€1.65M▲
Stocks and contracts in progress3€484k€1.58M▲
Stocks30/36€484k€1.58M▲
Amounts receivable within one year40/41-€350
Trade receivables40-€350
Cash at bank and in hand54/58€4k€76k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€487k€1.65M▲
Equity10/15€-21k€32k▲
Contributions10/11€100€100=
Reserves13-€32k
Distributable reserves133-€32k
Profit (loss) carried forward14€-21k-
Amounts payable17/49€508k€1.62M▲
Amounts payable after more than one year17€190k€865k▲
Financial debts170/4€190k€865k▲
Amounts payable within one year42/48€318k€756k▲
Trade debts44€368€26k▲
Suppliers440/4€368€26k▲
Taxes, remuneration and social security45€3k€15k▲
Taxes450/3€3k€15k▲
Other amounts payable47/48€315k€715k▲
Income statement
Code20232024
Other operating charges640/8€384€6k▲
Gross operating margin9900€-18k€92k▲
Operating profit (loss)9901€-19k€86k▲
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€3k€21k▲
Recurring financial charges65€3k€21k▲
Profit (loss) for the period before taxes9903€-21k€64k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-21k€53k▲
Profit (loss) for the period to be appropriated9905€-21k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€32k▲
Profit (loss) brought forward from the previous period14P-€-21k
Transfer to equity691/2-€32k
To other reserves6921-€32k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jezus Eiklaan 73080 TervurenGround area
447 m²
Building footprint
124 m²
Volume, LiDAR
1,460 m³
Parcel 24302G0174/00W005, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Nestworks
since 20232.346.565.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302G0174/00W005 | Flanders | 447 m² | 1 · 124 m² | 14.1 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 234 EUR awarded · 84 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 234 EUR | 84 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
43910Bricklaying and masonry work
43994Specialised construction activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.