Nexto
ActiveSummary
Nexto has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-10
Solvency37▼-4
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.63 in 2024; short-term debt: 46.9% and cash: 0.9% of total assets), and 88.4% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
11.6%
Return on assets
2.4%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2344 sector peers (2025).
NBB · sector comparisonPosition among 2344 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
21 d early
2024
57 d early
2023
26 d early
2022
3 d early
2021
2 d early
2020
257 d late
2019
23 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€1.51M▲ 17.3%
2021 · €1.29M
2019: €659klowest in 4 years
2020: €853k▲ +29.4% vs 2019
2021: €1.29M▲ +50.9% vs 2020
2022: €1.51M▲ +17.3% vs 2021highest in 4 years
2019 → 2022
EBIT margin
-0.8%▼ 3.2pp
2021 · 2.4%
2019: 6.5%highest in 4 years
2020: 6.1%▼ -5.7% vs 2019
2021: 2.4%▼ -61.1% vs 2020
2022: -0.8%▼ -133% vs 2021lowest in 4 years
2019 → 2022
Net result
€39k▲ 125%
2024 · €17k
2019: €6k
2020: €13k▲ +118% vs 2019
2021: €3k▼ -81.3% vs 2020
2022: €-38k▼ -1622% vs 2021lowest in 7 years
2023: €3k▲ +107% vs 2022
2024: €17k▲ +530% vs 2023
2025: €39k▲ +125% vs 2024highest in 7 years
2019 → 2025
Working capital
€-296k▲ 3.2%
2024 · €-306k
2019: €-45k
2020: €-33k▲ +26.0% vs 2019
2021: €9k▲ +126% vs 2020highest in 7 years
2022: €-16k▼ -284% vs 2021
2023: €-286k▼ -1667% vs 2022
2024: €-306k▼ -6.7% vs 2023lowest in 7 years
2025: €-296k▲ +3.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.29M-€1.51M▲ 17.3%
2021: €1.29M
2022: €1.51M▲ +17.3% vs 2021
Equity€18k-€-20k€230k€248k▲ 7.6%€187k▼ 24.7%
2021: €18k
2022: €-20k▼ -213% vs 2021lowest in 5 years
2023: €230k▲ +1239% vs 2022
2024: €248k▲ +7.6% vs 2023highest in 5 years
2025: €187k▼ -24.7% vs 2024
Operating result€30k-€-12k€21k€46k▲ 124%€93k▲ 102%
2021: €30k
2022: €-12k▼ -139% vs 2021lowest in 5 years
2023: €21k▲ +272% vs 2022
2024: €46k▲ +124% vs 2023
2025: €93k▲ +102% vs 2024highest in 5 years
Net result€3k-€-38k€3k€17k▲ 530%€39k▲ 125%
2021: €3k
2022: €-38k▼ -1622% vs 2021lowest in 5 years
2023: €3k▲ +107% vs 2022
2024: €17k▲ +530% vs 2023
2025: €39k▲ +125% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 102% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€1.15M ▲ 11.8%
Current assets
€457k ▼ 10.8%
Equity and liabilities €1.61M
Equity
€187k ▼ 24.7%
Debt
€1.42M ▲ 9.8%
Debt's share of the balance-sheet total rises from 83.9% to 88.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€209k▲
2024 · €204k
Cash flow
€155k▼
2024 · €175k
Current ratio
0.61▼
2024 · 0.63
Debt to equity
7.59▲
2024 · 5.21
ROE
20.8%▲
2024 · 7.0%
ROA
2.4%▲
2024 · 1.1%
Interest coverage
4.63▼
2024 · 8.92
Debt ≤ 1 year
€753k▼
2024 · €818k
Debt > 1 year
€656k▲
2024 · €464k
Income taxes
€9k▲
2024 · €6k
Staff costs
€79k▼
2024 · €89k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.61M▲
Fixed assets21/28€1.03M€1.15M▲
Intangible fixed assets21€742k€681k▼
Tangible fixed assets22/27€285k€468k▲
Plant, machinery and equipment23€42k€29k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25-€55k
Other tangible fixed assets26€241k€384k▲
Current assets29/58€512k€457k▼
Amounts receivable within one year40/41€473k€417k▼
Trade receivables40€302k€246k▼
Other amounts receivable41€170k€171k▲
Cash at bank and in hand54/58€34k€14k▼
Deferred charges and accrued income490/1€6k€26k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.61M▲
Equity10/15€248k€187k▼
Contributions10/11€7k€7k=
Reserves13€279k€180k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€277k€178k▼
Profit (loss) carried forward14€-38k-
Amounts payable17/49€1.29M€1.42M▲
Amounts payable after more than one year17€464k€656k▲
Financial debts170/4€464k€546k▲
Other amounts payable178/9-€110k
Amounts payable within one year42/48€818k€753k▼
Current portion of amounts payable after more than one year42€76k€115k▲
Financial debts43€6k€24k▲
Credit institutions430/8€6k€24k▲
Trade debts44€720k€499k▼
Suppliers440/4€720k€499k▼
Taxes, remuneration and social security45€16k€15k▼
Taxes450/3€2k€496▼
Remuneration and social security454/9€14k€15k▲
Other amounts payable47/48-€100k
Accrued charges and deferred income492/3€9k€10k▲
Income statement
Code20242025
Non-recurring operating income76A-€30k
Remuneration, social security and pensions62€89k€79k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158k€116k▼
Other operating charges640/8€6k€11k▲
Non-recurring operating charges66A-€13k
Gross operating margin9900€299k€312k▲
Operating profit (loss)9901€46k€93k▲
Financial income75/76B-€143
Recurring financial income75-€143
Financial charges65/66B€23k€45k▲
Recurring financial charges65€23k€45k▲
Profit (loss) for the period before taxes9903€23k€48k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€17k€39k▲
Profit (loss) for the period to be appropriated9905€17k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€775▲
Profit (loss) brought forward from the previous period14P€-38k€-38k=
Transfer from equity791/2-€100k
Transfer to equity691/2€17k€775▼
To other reserves6921€17k€775▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)90871.61.6=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.29M | €1.51M | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €30k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €1.35M | - | - | - | - |
| Remuneration, social security and pensions62 | - | €604 | €56k | €89k | €79k | ▼ 10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €119k | €172k | €127k | €158k | €116k | ▼ 26.4% |
| Other operating charges640/8 | - | €3k | €5k | €6k | €11k | ▲ 80.7% |
| Non-recurring operating charges66A | - | - | - | - | €13k | - |
| Gross operating margin9900 | €154k | €163k | €209k | €299k | €312k | ▲ 4.6% |
| Operating profit (loss)9901 | €30k | €-12k | €21k | €46k | €93k | ▲ 102% |
| Financial income75/76B | - | €40 | - | - | €143 | - |
| Recurring financial income75 | €1 | €40 | - | - | €143 | - |
| Financial charges65/66B | - | €15k | €16k | €23k | €45k | ▲ 97.8% |
| Recurring financial charges65 | €13k | €15k | €16k | €23k | €45k | ▲ 97.8% |
| Profit (loss) for the period before taxes9903 | €18k | €-27k | €5k | €23k | €48k | ▲ 107% |
| Income taxes67/77 | €15k | €11k | €2k | €6k | €9k | ▲ 54.7% |
| Profit (loss) for the period9904 | €3k | €-38k | €3k | €17k | €39k | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-38k | €3k | €17k | €39k | ▲ 125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499k | €641k | €1.07M | €1.54M | €1.61M | ▲ 4.3% |
| Formation expenses20 | €286 | - | - | - | - | - |
| Fixed assets21/28 | €318k | €418k | €778k | €1.03M | €1.15M | ▲ 11.8% |
| Intangible fixed assets21 | €111k | €166k | €567k | €742k | €681k | ▼ 8.3% |
| Tangible fixed assets22/27 | €207k | €252k | €211k | €285k | €468k | ▲ 64.2% |
| Plant, machinery and equipment23 | - | €38k | €28k | €42k | €29k | ▼ 32.3% |
| Furniture and vehicles24 | - | €2k | €1k | €2k | €1k | ▼ 29.5% |
| Leasing and similar rights25 | - | - | - | - | €55k | - |
| Other tangible fixed assets26 | - | €212k | €181k | €241k | €384k | ▲ 59.1% |
| Current assets29/58 | €181k | €223k | €294k | €512k | €457k | ▼ 10.8% |
| Amounts receivable within one year40/41 | €160k | €213k | €248k | €473k | €417k | ▼ 11.7% |
| Trade receivables40 | - | €200k | €221k | €302k | €246k | ▼ 18.5% |
| Other amounts receivable41 | - | €13k | €27k | €170k | €171k | ▲ 0.5% |
| Cash at bank and in hand54/58 | €17k | €4k | €39k | €34k | €14k | ▼ 58.2% |
| Deferred charges and accrued income490/1 | - | €5k | €7k | €6k | €26k | ▲ 308% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499k | €641k | €1.07M | €1.54M | €1.61M | ▲ 4.3% |
| Equity10/15 | €18k | €-20k | €230k | €248k | €187k | ▼ 24.7% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €11k | €11k | €262k | €279k | €180k | ▼ 35.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €9k | €260k | €277k | €178k | ▼ 35.8% |
| Profit (loss) carried forward14 | €-5k | €-38k | €-38k | €-38k | - | - |
| Amounts payable17/49 | €482k | €661k | €841k | €1.29M | €1.42M | ▲ 9.8% |
| Amounts payable after more than one year17 | €166k | €222k | €239k | €464k | €656k | ▲ 41.4% |
| Financial debts170/4 | - | €222k | €239k | €464k | €546k | ▲ 17.7% |
| Other amounts payable178/9 | - | - | - | - | €110k | - |
| Amounts payable within one year42/48 | €172k | €239k | €580k | €818k | €753k | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | - | €49k | €45k | €76k | €115k | ▲ 51.8% |
| Financial debts43 | - | - | €15k | €6k | €24k | ▲ 296% |
| Credit institutions430/8 | - | - | €15k | €6k | €24k | ▲ 296% |
| Trade debts44 | €92k | €178k | €504k | €720k | €499k | ▼ 30.7% |
| Suppliers440/4 | - | €178k | €504k | €720k | €499k | ▼ 30.7% |
| Taxes, remuneration and social security45 | - | €11k | €16k | €16k | €15k | ▼ 6.7% |
| Taxes450/3 | - | €11k | €12k | €2k | €496 | ▼ 76.7% |
| Remuneration and social security454/9 | - | - | €4k | €14k | €15k | ▲ 3.7% |
| Other amounts payable47/48 | - | - | - | - | €100k | - |
| Accrued charges and deferred income492/3 | - | €201k | €22k | €9k | €10k | ▲ 1.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-38k | €3k | €17k | €39k | ▲ 125% |
| + Depreciation and write-downs630 | €119k | €172k | €127k | €158k | €116k | ▼ 26.4% |
| Operating cash flow (approximation) | €122k | €134k | €130k | €175k | €155k | ▼ 11.5% |
| Investment in fixed assets (approximation) | - | €-271k | €-487k | €-407k | €-238k | ▲ 41.7% |
| Change in cash | - | €-12k | €35k | €-6k | €-20k | ▼ 240% |
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
Next filing, fiscal year 2026, expected by
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €39k ▲125%
Operating result €93k, net result €39k, both a record.
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-03
Financial
Equity above €200kEq €230k
Equity rises from €-20k to €230k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 257 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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.
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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, Zedelgem · 2 establishment units since 2017
Ground area
6,120 m²
Building footprint
1,992 m²
Volume, LiDAR
12,689 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
2 establishment units
Nexto
since 20172.265.894.066
NEXTO
since 20202.302.977.067
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040A0350/00K002 | Flanders | 3,243 m² | 1 · 1,144 m² | 9.0 m · 2 fl. |
| 31025A0577/00G000 | Flanders | 2,877 m² | 1 · 848 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2023 to 2024 · 2 entries · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 500 EUR |
| 2023 | 1 | 500 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,685 companies in sector 86951 we hold annual accounts for 2,142. 1,648 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
Founded02-05-2017
Fiscal year end31-03
Activities, NACEBEL 2025
86951Physiotherapy
85510Sports and recreation education
86995Nutrition and dietetics services
Scores and ratios are computed by Checked and are not a credit decision.