NEVELSTEEN JEF
ActiveNEVELSTEEN JEF has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €65k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 6.44 against 9.53 in 2024; short-term debt: 14.1% and cash: 47.5% of total assets), and 14.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.9%
Return on assets
31.1%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
43 d early
2023
36 d early
2022
39 d early
2021
36 d early
2020
29 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▼ 19.3%
2024 · €222k
2018: €93k
2019: €112k
2020: €104k
2021: €146k
2022: €163k
2023: €209k
2024: €222k
2018 → 2025
Total assets
€209k▼ 16.1%
2024 · €249k
2018: €204k
2019: €217k
2020: €214k
2021: €329k
2022: €252k
2023: €396k
2024: €249k
2018 → 2025
Net result
€65k▲ 103%
2024 · €32k
2018: €16k
2019: €21k
2020: €43k
2021: €44k
2022: €69k
2023: €47k
2024: €32k
2018 → 2025
Working capital
€160k▼ 20.4%
2024 · €201k
2018: €80k
2019: €96k
2020: €91k
2021: €134k
2022: €153k
2023: €188k
2024: €201k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€163k▲ 11.9%€209k▲ 28.0%€222k▲ 6.6%€180k▼ 19.3%
Operating result€59k-€90k▲ 52.9%€67k▼ 24.9%€49k▼ 27.1%€90k▲ 82.3%
Net result€44k-€69k▲ 57.7%€47k▼ 31.3%€32k▼ 32.3%€65k▲ 103%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€20k▼ 19.4%
Current assets
€189k▼ 15.7%
Equity and liabilities €209k
Equity
€180k▼ 19.3%
Debt
€29k▲ 10.7%
The debt ratio rises from 10.7% to 14.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €57k
Cash flow
€73k▲
2024 · €40k
Solvency
85.9%▼
2024 · 89.3%
Current ratio
6.44▼
2024 · 9.53
Quick ratio
6.00▼
2024 · 8.80
Debt / equity
0.16▲
2024 · 0.12
ROE
36.2%▲
2024 · 14.4%
ROA
31.1%▲
2024 · 12.9%
Interest coverage
107.64▲
2024 · 39.81
Debt
€29k▲
2024 · €27k
Debt ≤ 1 year
€29k▲
2024 · €24k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€26k▲
2024 · €16k
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€249k€209k▼
Fixed assets21/28€24k€20k▼
Tangible fixed assets22/27€24k€20k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€819€271▼
Furniture and vehicles24€21k€17k▼
Current assets29/58€225k€189k▼
Stocks and contracts in progress3€17k€13k▼
Stocks30/36€17k€13k▼
Amounts receivable within one year40/41€36k€74k▲
Trade receivables40€32k€53k▲
Other amounts receivable41€4k€20k▲
Cash at bank and in hand54/58€164k€99k▼
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€249k€209k▼
Equity10/15€222k€180k▼
Contributions10/11€19k€19k=
Reserves13€204k€161k▼
Distributable reserves133€204k€161k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€27k€29k▲
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€24k€29k▲
Current portion of amounts payable after more than one year42€9k€3k▼
Trade debts44€5k€12k▲
Suppliers440/4€5k€12k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€10k€1k▼
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€0€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€569€585▲
Non-recurring operating charges66A€6k€3k▼
Gross operating margin9900€63k€101k▲
Operating profit (loss)9901€49k€90k▲
Financial income75/76B€733€2k▲
Recurring financial income75€733€2k▲
Financial charges65/66B€1k€901▼
Recurring financial charges65€1k€901▼
Profit (loss) for the period before taxes9903€48k€91k▲
Income taxes67/77€16k€26k▲
Profit (loss) for the period9904€32k€65k▲
Profit (loss) for the period to be appropriated9905€32k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€65k▲
Transfer from equity791/2€18k€108k▲
Transfer to equity691/2€32k€65k▲
To other reserves6921€32k€65k▲
Profit to be distributed694/7€18k€108k▲
Return on contributions (dividend)694€18k€108k▲
The notes to these accounts (8 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 9.53
Current ratio from 2.07 to 9.53; short-term debt falls from €176k to €24k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €209k ▲28%
6 profitable years in a row build equity to €209k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €69k ▲57.7%
Operating result €90k, net result €69k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲11.9%
5 profitable years in a row build equity to €163k.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €112k ▲20.6%
2 profitable years in a row build equity to €112k.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Westerlo · 1 establishment unit since 2003
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.
Heieinde 222260 WesterloGround area
811 m²
Building footprint
198 m²
Volume, LiDAR
866 m³
Parcel 13028C0034/00F000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nevelsteen Jef
since 20032.133.754.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028C0034/00F000 | Flanders | 811 m² | 1 · 198 m² | 6.4 m · 1 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 · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2003
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43410Roofing work
45220
45310
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.