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Nestworks

Active
Private limited companyfounded 2023active for 3 yearsJezus Eiklaan 7, 3080 Tervuren, BelgiumKBO/BCE: BE 0802.782.688
Summary

Nestworks has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,197 and a net result of €66,821. Equity has been growing by about 186% per year since 2023. Its solvency ranks better than 17% of 9,399 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 15-06-2023 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Establishment unit
2.346.565.602 3080 Tervuren, since 15-06-2023
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board
  • BREEDING BIRDDirector · permanent representative Vercauteren Michael
Shareholders

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€175,879
▲ 91.3%
Turnover
≈ €580,000
estimated
Profit
€66,821
▲ 25.2%
Equity
€99,197
▲ 206%
Total assets
€1.3m
▼ 20.7%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2023Equity €99,197 (7.6% of total assets)lowers riskSize: total assets €1.3mShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 33+6
equity 7.6% of total assets
Liquidity 22-11
short-term debt 72.4% · cash 9.1%
Profitability 50+4
return on assets 5.1%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,457 companies, NACE 41, micro)
Last 24 months 12-2024: 4.1% 01-2025: 4.2%▲ +0.1 percentage points vs 12-2024 02-2025: 4.3%▲ +0.1 percentage points vs 01-2025 03-2025: 4.3%● unchanged vs 02-2025 04-2025: 5.1%▲ +0.8 percentage points vs 03-2025 05-2025: 6.0%▲ +0.9 percentage points vs 04-2025 06-2025: 6.1%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 2.5%▼ -3.6 percentage points vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 1.5%▼ -1.0 percentage point vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▲ +0.1 percentage points vs 04-2026 06-2026: 1.9%▲ +0.2 percentage points vs 05-2026 07-2026: 1.3%▼ -0.6 percentage points vs 06-2026lowest value 08-2026: 1.3%● unchanged vs 07-2026lowest value 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (2.19 in 2024), below the usual 1.5. Short-term debt is 72.4% and cash 9.1% of total assets. 92.4% 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 41, micro). It does better than 16% of them on solvency, 18% on liquidity, 29% on profitability and 95% on growth.

The bankruptcy probability was computed on 04-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €99,197 (7.6% 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 17% of 9399 sector peers (2025).
NBB · sector comparison
Position among 9399 sector peers
Solvency
better than 17%
← 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 16-06-2026, 45 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
45 days early
2024
38 days early
2023
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 41 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 22 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Equity rose in 2025from €32,376 to €99,197 ▲ 206% View
  • Positive: Higher net result than 91% of companies in construction of buildingssector median €8,552 · 9,389 companies €66,821 View

Recent changes

  1. · Gazette deed Registered office moved from Edegem to TervurenNew seat: Jezus-Eiklaan 7 bus 2, 3080 Tervuren · Previous seat: Drie Eikenstraat 146 bus 2- 2650 Edegem · Permanent representative: Vercauteren Michael
  2. · Gazette deed IncorporationFounding capital of €100, 100 shares · Founder: Breeding Bird · Appointment: Breeding Bird (director)
All 7 events

Comparable companies

These companies have the same main activity as Nestworks: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Nestworks Tervuren€1.3m€0.2m
Atlas Bouwmaterialen Antwerpen€1.2m€0.2m
STERQ Wuustwezel€1.5m€0.2m
ISOPROF Aartselaar€1.4m€0.2m
VV-ENERGY Pepinster€1.3m€0.2m
CONSTRUCTIEF TEAM Herentals€1.3m€0.2m
On-Track Meise€1.1m€0.1m
Full comparison

Key facts about Nestworks

What is the company number of Nestworks?
The company number of Nestworks is 0802.782.688. The VAT number is the same number with BE in front: BE 0802.782.688.
Where is Nestworks based?
The registered office is at Jezus Eiklaan 7, 3080 Tervuren.Company details
What does Nestworks do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Nestworks?
The legal form of Nestworks is Private limited company (BV).
When was Nestworks founded?
Nestworks was founded on 15-06-2023.
Is Nestworks still active?
Yes, Nestworks is an active enterprise in the KBO register.
What is the turnover of Nestworks?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €175,879 and 98 comparable companies (NACE 41001). It probably lies between €410,000 and €890,000.Financials
Is Nestworks profitable?
In financial year 2025, Nestworks made a profit of €66,821.
Where can I find the annual accounts of Nestworks?
Nestworks filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Nestworks due?
Nestworks must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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