NEVEN
ActiveSummary
NEVEN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440,038 and a net result of €90,714. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 7461 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-3
Solvency54▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.83 in 2023; short-term debt: 14% and cash: 4.3% of total assets), and 70.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€440,038▲ 26.0%
2023 · €349,325
Total assets
€1.5m▼ 6.7%
2023 · €1.6m
Net result
€90,714▼ 30.5%
2023 · €130,555
Working capital
€42,573
2023 · -€53,263
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€81,197▲ 139%€60,639▼ 25.3%€69,823▲ 15.1%€192,788▲ 176%€143,042▼ 25.8%
Net result€58,690above the sector's middle half▲ 176%€38,960within the sector's middle half▼ 33.6%€41,494within the sector's middle half▲ 6.5%€130,555within the sector's middle half▲ 215%€90,714within the sector's middle half▼ 30.5%
Equity€138,315above the sector's middle half▲ 73.7%€177,276within the sector's middle half▲ 28.2%€218,770within the sector's middle half▲ 23.4%€349,325within the sector's middle half▲ 59.7%€440,038within the sector's middle half▲ 26.0%
Total assets€917,304above the sector's middle half▲ 15.5%€1.0mwithin the sector's middle half▲ 9.2%€1.6mwithin the sector's middle half▲ 55.9%€1.6mwithin the sector's middle half▲ 2.7%€1.5mwithin the sector's middle half▼ 6.7%
Debt€778,989▲ 9.0%€824,477▲ 5.8%€1.3m▲ 62.9%€1.3m▼ 6.5%€1.1m▼ 15.8%
Working capital-€58,501below the sector's middle half▼ 32.8%-€72,471below the sector's middle half▼ 23.9%-€160,079below the sector's middle half▼ 121%-€53,263below the sector's middle half▲ 66.7%€42,573within the sector's middle half
Solvency15.1%below the sector's middle half▲ 5.1pp17.7%below the sector's middle half▲ 2.6pp14.0%below the sector's middle half▼ 3.7pp21.8%below the sector's middle half▲ 7.8pp29.4%within the sector's middle half▲ 7.6pp
Current ratio0.79below the sector's middle half▼ 0.050.78below the sector's middle half▼ 0.010.55below the sector's middle half▼ 0.230.83below the sector's middle half▲ 0.281.20within the sector's middle half▲ 0.37
Return on assets (ROA)6.4%within the sector's middle half▲ 3.7pp3.9%within the sector's middle half▼ 2.5pp2.7%within the sector's middle half▼ 1.2pp8.1%within the sector's middle half▲ 5.5pp6.1%within the sector's middle half▼ 2.1pp
Staff (FTE)2.9within the sector's middle half▲ 3.6%2.5within the sector's middle half▼ 13.8%2.4within the sector's middle half▼ 4.0%2within the sector's middle half▼ 16.7%1.8below the sector's middle half▼ 10.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.2m ▼ 6.8%
Current assets
€252,807 ▼ 6.0%
Equity and liabilities €1.5m
Equity
€440,038 ▲ 26.0%
Debt
€1.1m ▼ 15.8%
Debt's share of the balance-sheet total falls from 78.2% to 70.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€233,708▼
2023 · €287,129
Cash flow
€181,379▼
2023 · €224,896
Quick ratio
1.16▲
2023 · 0.80
Debt to equity
2.40▼
2023 · 3.59
ROE
20.6%▼
2023 · 37.4%
Interest coverage
9.10▼
2023 · 11.59
Debt ≤ 1 year
€210,233▼
2023 · €322,200
Debt > 1 year
€846,697▼
2023 · €932,987
Income taxes
€26,710▼
2023 · €41,596
Staff costs
€126,433▼
2023 · €127,218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €125,944 | €132,876 | €127,218 | €126,433 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,624 | €57,458 | €77,957 | €94,341 | €90,666 | ▼ 3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€2,095 | - | - |
| Other operating charges640/8 | - | €8,960 | €13,417 | €5,438 | €8,187 | ▲ 50.5% |
| Non-recurring operating charges66A | - | - | - | - | €2,871 | - |
| Gross operating margin9900 | €249,563 | €253,000 | €294,073 | €417,690 | €371,199 | ▼ 11.1% |
| Operating profit (loss)9901 | €81,197 | €60,639 | €69,823 | €192,788 | €143,042 | ▼ 25.8% |
| Financial income75/76B | - | €52 | €12 | €4,137 | €56 | ▼ 98.6% |
| Recurring financial income75 | €112 | €52 | €12 | €4,137 | €56 | ▼ 98.6% |
| Financial charges65/66B | - | €13,303 | €18,803 | €24,773 | €25,675 | ▲ 3.6% |
| Recurring financial charges65 | €12,662 | €13,303 | €18,803 | €24,773 | €25,675 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €68,648 | €47,388 | €51,031 | €172,151 | €117,424 | ▼ 31.8% |
| Income taxes67/77 | €9,958 | €8,428 | €9,537 | €41,596 | €26,710 | ▼ 35.8% |
| Profit (loss) for the period9904 | €58,690 | €38,960 | €41,494 | €130,555 | €90,714 | ▼ 30.5% |
| Transfer from tax-exempt reserves789 | - | €8,960 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,690 | €47,920 | €41,494 | €130,555 | €90,714 | ▼ 30.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €917,304 | €1.0m | €1.6m | €1.6m | €1.5m | ▼ 6.7% |
| Fixed assets21/28 | €693,815 | €742,450 | €1.4m | €1.3m | €1.2m | ▼ 6.8% |
| Intangible fixed assets21 | €2,000 | €9,292 | €6,610 | €4,929 | €3,249 | ▼ 34.1% |
| Tangible fixed assets22/27 | €691,815 | €733,158 | €1.4m | €1.3m | €1.2m | ▼ 6.7% |
| Land and buildings22 | - | €693,864 | €1.3m | €1.3m | €1.2m | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €10,447 | €10,222 | €6,580 | €2,955 | ▼ 55.1% |
| Furniture and vehicles24 | - | €4,843 | €23,213 | €22,250 | €18,223 | ▼ 18.1% |
| Leasing and similar rights25 | - | €24,004 | €35,177 | €49,392 | €22,121 | ▼ 55.2% |
| Current assets29/58 | €223,489 | €259,302 | €195,586 | €268,937 | €252,807 | ▼ 6.0% |
| Stocks and contracts in progress3 | €7,821 | €8,150 | €9,930 | €9,985 | €9,985 | = |
| Stocks30/36 | - | €8,150 | €9,930 | €9,985 | €9,985 | = |
| Amounts receivable within one year40/41 | €181,703 | €163,491 | €131,921 | €148,355 | €172,297 | ▲ 16.1% |
| Trade receivables40 | - | €116,424 | €106,029 | €126,087 | €157,375 | ▲ 24.8% |
| Other amounts receivable41 | - | €47,067 | €25,891 | €22,268 | €14,922 | ▼ 33.0% |
| Cash at bank and in hand54/58 | €24,356 | €78,616 | €30,380 | €99,676 | €64,739 | ▼ 35.1% |
| Deferred charges and accrued income490/1 | - | €9,045 | €23,355 | €10,921 | €5,786 | ▼ 47.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €917,304 | €1.0m | €1.6m | €1.6m | €1.5m | ▼ 6.7% |
| Equity10/15 | €138,315 | €177,276 | €218,770 | €349,325 | €440,038 | ▲ 26.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €119,715 | €158,676 | €200,170 | €330,725 | €421,438 | ▲ 27.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €156,816 | €198,310 | €328,865 | €421,438 | ▲ 28.1% |
| Amounts payable17/49 | €778,989 | €824,477 | €1.3m | €1.3m | €1.1m | ▼ 15.8% |
| Amounts payable after more than one year17 | €496,999 | €492,703 | €982,430 | €932,987 | €846,697 | ▼ 9.2% |
| Financial debts170/4 | - | €492,703 | €982,430 | €932,987 | €846,697 | ▼ 9.2% |
| Amounts payable within one year42/48 | €281,990 | €331,773 | €355,665 | €322,200 | €210,233 | ▼ 34.8% |
| Current portion of amounts payable after more than one year42 | - | €45,464 | €86,503 | €86,568 | €77,415 | ▼ 10.6% |
| Financial debts43 | - | - | - | - | €8,452 | - |
| Credit institutions430/8 | - | - | - | - | €8,452 | - |
| Trade debts44 | €209,326 | €216,728 | €228,588 | €185,063 | €78,328 | ▼ 57.7% |
| Suppliers440/4 | - | €216,728 | €228,588 | €185,063 | €78,328 | ▼ 57.7% |
| Taxes, remuneration and social security45 | - | €27,677 | €15,786 | €39,108 | €40,166 | ▲ 2.7% |
| Taxes450/3 | - | €23,575 | €13,618 | €36,782 | €36,782 | = |
| Remuneration and social security454/9 | - | €4,102 | €2,168 | €2,327 | €3,385 | ▲ 45.5% |
| Other amounts payable47/48 | - | €41,904 | €24,789 | €11,461 | €5,872 | ▼ 48.8% |
| Accrued charges and deferred income492/3 | - | - | €5,035 | €12 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,690 | €38,960 | €41,494 | €130,555 | €90,714 | ▼ 30.5% |
| + Depreciation and write-downs630 | €49,624 | €57,458 | €77,957 | €94,341 | €90,666 | ▼ 3.9% |
| Operating cash flow (approximation) | €108,313 | €96,418 | €119,451 | €224,896 | €181,379 | ▼ 19.3% |
| Investment in fixed assets (approximation) | - | -€106,092 | -€701,821 | -€63,613 | €758 | ▲ 101% |
| Change in cash | - | €54,261 | -€48,236 | €69,296 | -€34,937 | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €130,555 ▲215%
Operating result €192,788, net result €130,555, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €200,000Eq €218,770 ▲23.4%
5 profitable years in a row build equity to €218,770.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €150,000Eq €177,276 ▲28.2%
4 profitable years in a row build equity to €177,276.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100,000Eq €138,315 ▲73.7%
3 profitable years in a row build equity to €138,315.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Riemst · 1 establishment unit since 2013
Ground area
3,574 m²
Building footprint
621 m²
Volume, LiDAR
2,792 m³
Parcel 73027A1279/02M000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Neven / De Muizensprong / Aromaison
since 20132.228.220.949
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73027A1279/02M000 | Flanders | 3,574 m² | 1 · 621 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 5 entries · 13,771 EUR awarded · 13,771 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,051 EUR | 6,051 EUR |
| 2024 | 1 | 663 EUR | 663 EUR |
| 2023 | 1 | 2,822 EUR | 2,822 EUR |
| 2022 | 1 | 4,235 EUR | 4,235 EUR |
Similar companies · same sector, comparable size
DEMULCO
BE 0461.620.327
Gent · Eq €440,215
TIM DE BOECK
BE 0811.168.141
Puurs-Sint-Amands · Eq €440,558
WILLY VAN LAUTEM
BE 0434.768.648
Wemmel · Eq €439,087
SANI RUBRENT
BE 0859.697.439
Oudenaarde · Eq €441,290
VAN LOOVEREN JOERI
BE 0696.787.919
Brecht · Eq €437,681
Of 7,043 companies in sector 43221 we hold annual accounts for 3,475. 2,434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0544849196
Also
9925:BE0544849196
Registered
24-02-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.