Equity
€233,493 from €2.2m in 2008
Equity fell by 89% in 17 years.
NEVES BELGIUM
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1990peak €1.7m (2007)
€1.2m▲ 82.7%
lowest -€376,485 (2024)
€19,294▲ €395,780
peak €2.2m (2008)
€233,493▲ 9.0%
€2.1m▲ 8.3%
peak 24 FTE (2007)
14.9 FTE▼ 3.2%
Board4 names since 2020
3 directorsFRESNO and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €650,806 to €1.2mBack to profit: €19,294Resignation: GISA INVEST BV (director) 21-01Cash from €92,361 to €217,739
Key points
from the 2025 annual accountsResult
€19,294 €19,294
Back in profit in 2025, after a loss of €376,485 in 2024.
Turnover
≈ €2.0m estimated
The abbreviated format states no turnover.
Debts
€2.1m 90% of the balance sheet
Financial debts 63%Suppliers 24%Taxes and wages 9%Other 4%
Of this, €1.1m falls due within a year.
Staff
14.9 FTE from 24 in 2007
Between 2007 and 2025, 38% of the full-time equivalents disappeared.
Position in the sector
10.1%
Lower solvency than 85% of companies in wood and cork. Sector median 43.1% · 337 companies.
Checked score
68
Healthy
Financially stronger than 35% of small companies in wood and cork (NACE 16)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 166 companies (NACE 16, small).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%▲ +0.2 percentage points vs 04-2025
06-2025: 2.9%▲ +2.3 percentage points vs 05-2025
07-2025: 2.9%● unchanged vs 06-2025
08-2025: 2.9%● unchanged vs 07-2025
09-2025: 3.0%▲ +0.1 percentage points vs 08-2025
10-2025: 2.9%▼ -0.1 percentage points vs 09-2025
11-2025: 3.0%▲ +0.1 percentage points vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.1%▲ +0.1 percentage points vs 02-2026
04-2026: 3.2%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.8%▼ -2.4 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €233,493 (10.1% of total assets)
Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
Size: 14.9 FTE, total assets €2.3m
lowers risk
Founded in 1989
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 16, small). It does better than 8% of them on solvency, 34% on liquidity, 20% on profitability and 78% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as NEVES BELGIUM has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of NEVES BELGIUM itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for NEVES BELGIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (1.79 in 2024), above the usual 1.5. Short-term debt is 46.1% and cash 9.4% of total assets. However, 89.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 337 sector peers (2025).
NBB · sector comparisonPosition among 337 sector peers
Solvency
better than 15%
← weakest
strongest →
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 days late
2023
on the day
2022
12 days early
2021
37 days early
2020
31 days early
2019
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- Calinterior 100%equity €1.2m (2024) · 2024 annual accounts of Calinterior
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438883329
Resignation: GISA INVEST BV (director)
Permanent representative: Gino LIPPENS · Director discharge: GISA INVEST BV · General meeting of 19-11-2024 · Gazette deed
Amendment of the articles
Calinterior holds all the shares · Gazette deed
Resignations & appointments
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEVES BELGIUM Ninove | €2.3m | €1.2m | 10.1% | 14.9 |
| Franken.be Kluisbergen | €2.4m | €1.1m | 51.0% | 12.2 |
| WOODSTAR Avelgem | €2.6m | €1.0m | 69.5% | 14.2 |
| D.W.K. Arendonk | €1.4m | €1.0m | 38.1% | 14.1 |
| Moeys-VP Bertem | €2.7m | €0.9m | 47.0% | 13.4 |
| Menuiserie MAQUET Libramont-Chevigny | €1.5m | €1.4m | 15.3% | 14.8 |
| MENUISOL Namur | €3.7m | €1.2m | 19.1% | 11.7 |
These companies have the same main activity as NEVES BELGIUM: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €1.4m and €3.7m, founded between 1976 and 1994.
Official details
Source: KBO- Status
- Active since 01-11-1989Normal situation
- Activity
- Manufacture of other builders' carpentry and joineryNACE 16230and 1 other
- Joint committee
- 126Furnishing and woodworking · annual accounts 30-09-2022
- Establishment unit
- 2.045.914.0039400 Ninove, since 07-12-1989
- Financial year end
- 30 September
- Peppol
- Reachable since 15-12-2025
Annual accounts to 30-09-2025
- €2.3m▲ 8.4%
- Employeeson 30-09-2025
- 17▲ 13.3%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Companies linked to NEVES BELGIUM
Parent and group
Insights on NEVES BELGIUM
NEVES BELGIUM files the abbreviated format. That format states no turnover. The gross margin fell from €1.7m in 2007 to €1.2m in 2025.
Calinterior holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NEVES BELGIUM
- What is the company number of NEVES BELGIUM?
- The company number of NEVES BELGIUM is 0438.883.329. The VAT number is the same number with BE in front: BE 0438.883.329.
- Where is NEVES BELGIUM based?
- The registered office is at Ten Beukeboom (App) 26, 9400 Ninove.Company details
- What does NEVES BELGIUM do?
- According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
- What is the legal form of NEVES BELGIUM?
- NEVES BELGIUM is a public limited company (NV).
- When was NEVES BELGIUM founded?
- NEVES BELGIUM was founded on 01-11-1989.
- Is NEVES BELGIUM still active?
- Yes, NEVES BELGIUM is an active enterprise in the KBO register.
- How many employees does NEVES BELGIUM have?
- NEVES BELGIUM had an average of 14.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NEVES BELGIUM fall under?
- In its 30-09-2022 annual accounts, NEVES BELGIUM states joint committee 126 (Furnishing and woodworking).
- What is the turnover of NEVES BELGIUM?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.4m. It is a rough estimate.
- Is NEVES BELGIUM profitable?
- In financial year 2025, NEVES BELGIUM made a profit of €19,294.
- Where can I find the annual accounts of NEVES BELGIUM?
- NEVES BELGIUM filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEVES BELGIUM due?
- NEVES BELGIUM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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