Neyt Spirits
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 04-03-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €2,389, smaller than the loss of €3,744 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €1,358 | - | - |
| Depreciation and write-downs of the year | €1,358 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,358 | - | - | - |
| Other operating charges640/8 | - | €64 | €61 | ▼ 5.2% |
| Gross operating margin9900 | -€4,463 | -€3,680 | -€2,328 | ▲ 36.7% |
| Operating profit (loss)9901 | -€5,821 | -€3,744 | -€2,389 | ▲ 36.2% |
| Financial charges65/66B | €14 | €65 | €133 | ▲ 105% |
| Recurring financial charges65 | €14 | €65 | €133 | ▲ 105% |
| Profit (loss) for the period before taxes9903 | -€5,834 | -€3,809 | -€2,521 | ▲ 33.8% |
| Profit (loss) for the period9904 | -€5,834 | -€3,809 | -€2,521 | ▲ 33.8% |
| Profit (loss) for the period to be appropriated9905 | -€5,834 | -€3,809 | -€2,521 | ▲ 33.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €21,829 | €7,910 | €7,606 | ▼ 3.9% |
| Current assets29/58 | €21,829 | €7,910 | €7,606 | ▼ 3.9% |
| Stocks and contracts in progress3 | €12,170 | €7,332 | €7,152 | ▼ 2.5% |
| Stocks30/36 | €12,170 | €7,332 | €7,152 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €2,274 | €102 | €280 | ▲ 175% |
| Other amounts receivable41 | €2,274 | €102 | €280 | ▲ 175% |
| Cash at bank and in hand54/58 | €6,826 | €200 | €17 | ▼ 91.7% |
| Deferred charges and accrued income490/1 | €560 | €276 | €157 | ▼ 43.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €21,829 | €7,910 | €7,606 | ▼ 3.9% |
| Equity10/15 | €4,166 | €357 | -€2,164 | - |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€5,834 | -€9,643 | -€12,164 | ▼ 26.1% |
| Amounts payable17/49 | €17,664 | €7,553 | €9,770 | ▲ 29.3% |
| Amounts payable within one year42/48 | €16,132 | €7,553 | €9,770 | ▲ 29.3% |
| Trade debts44 | €4,959 | €311 | €157 | ▼ 49.4% |
| Suppliers440/4 | €4,959 | €311 | €157 | ▼ 49.4% |
| Other amounts payable47/48 | €11,173 | €7,243 | €9,613 | ▲ 32.7% |
| Accrued charges and deferred income492/3 | €1,532 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,834 | -€3,809 | -€2,521 | ▲ 33.8% |
| + Depreciation and write-downs630 | €1,358 | - | - | - |
| Operating cash flow (approximation) | -€4,477 | -€3,809 | -€2,521 | ▲ 33.8% |
| Change in cash | - | -€6,626 | -€183 | ▲ 97.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Neyt Spirits has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Neyt Spirits itself: 8.8% within 12 months.
Test of the method
The method was tested on the 497,446 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 7,639 companies, not a prediction for Neyt Spirits. 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.