Nex Real Estate
ActiveSummary
Nex Real Estate has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-104k) and a net result of €-10k. Equity is shrinking by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 7% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.41 in 2024; short-term debt: 135.5% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-35.5%
Return on assets
-3.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-104k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
30 d early
2022
14 d early
2021
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-104k▼ 10.5%
2024 · €-94k
2021: €3k
2022: €-37k
2023: €-64k
2024: €-94k
2021 → 2025
Total assets
€292k▲ 125%
2024 · €130k
2021: €209k
2022: €386k
2023: €493k
2024: €130k
2021 → 2025
Net result
€-10k▲ 66.7%
2024 · €-30k
2021: €-17k
2022: €-40k
2023: €-27k
2024: €-30k
2021 → 2025
Working capital
€-141k▼ 6.1%
2024 · €-132k
2021: €3k
2022: €-36k
2023: €-55k
2024: €-132k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-37k€-64k▼ 74.8%€-94k▼ 46.2%€-104k▼ 10.5%
Operating result€-14k-€-33k▼ 141%€-7k▲ 79.7%€-21k▼ 206%€-8k▲ 60.4%
Net result€-17k-€-40k▼ 139%€-27k▲ 31.4%€-30k▼ 8.0%€-10k▲ 66.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €21k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292k
Fixed assets
€37k ▼ 4.6%
Current assets
€255k ▲ 181%
Key figures and ratios
EBITDA
€-6k▲
2024 · €-19k
Cash flow
€-8k▲
2024 · €-28k
Solvency
-35.5%▲
2024 · -72.3%
Current ratio
0.64▲
2024 · 0.41
Quick ratio
0.01▼
2024 · 0.41
Debt to equity
-3.82▼
2024 · -2.38
ROA
-3.4%▲
2024 · -22.8%
Interest coverage
-3.84▼
2024 · -2.12
Debt
€395k▲
2024 · €223k
Debt ≤ 1 year
€395k▲
2024 · €223k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€130k€292k▲
Fixed assets21/28€39k€37k▼
Tangible fixed assets22/27€39k€37k▼
Land and buildings22€39k€37k▼
Current assets29/58€91k€255k▲
Stocks and contracts in progress3€0€251k▲
Stocks30/36€0€251k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€258-
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€87k€1k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€130k€292k▲
Equity10/15€-94k€-104k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-114k€-124k▼
Amounts payable17/49€223k€395k▲
Amounts payable within one year42/48€223k€395k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43-€175k
Credit institutions430/8-€175k
Trade debts44€3k€47▼
Suppliers440/4€3k€47▼
Other amounts payable47/48€220k€220k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-16k€-5k▲
Operating profit (loss)9901€-21k€-8k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€9k€2k▼
Recurring financial charges65€9k€2k▼
Profit (loss) for the period before taxes9903€-30k€-10k▲
Profit (loss) for the period9904€-30k€-10k▲
Profit (loss) for the period to be appropriated9905€-30k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-114k€-124k▼
Profit (loss) brought forward from the previous period14P€-84k€-114k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (4 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Bilzen-Hoeselt · 1 establishment unit since 2020
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.
De Commanderie 43740 Bilzen-HoeseltGround area
5,142 m²
Building footprint
445 m²
Volume, LiDAR
4,723 m³
Parcel 73006M0362/00V000, Flanders · tallest building 39.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nex Real Estate
since 20202.310.811.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006M0362/00V000 | Flanders | 5,141 m² | 1 · 445 m² | 39.7 m · 3 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.
Similar companies · same sector, comparable size
RE-VIVE DIE KEURE
BE 0845.110.520
Gent · Eq €3,335
VESTA PROJECTS
BE 0869.611.631
Dentergem · Eq €3,343
SIGMA PROJECT
BE 1007.222.759
Sint-Pieters-Woluwe · Eq €3,345
ATINA BUILDING
BE 0750.774.555
Dalhem · Eq €3,354
RENOV-UP
BE 1008.761.594
Knokke-Heist · Eq €3,380
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,743 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.