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NEY GROUP

Active Private limited companyfounded 2010active for 16 yearsTerhulpsesteenweg 181, 1170 Watermael-BoitsfortKBO/BCE: BE 0825.116.741
Heads the group NEY GROUP 5 companies in 3 countries
See the group

Lifetime

15 annual accounts with figures on one time axis
peak €266,147 (2018)
€251,968▲ 33×
peak €1.3m (2025)
€1.3m▲ 25×
peak €2.3m (2025)
€2.3m▲ 518%
€743,539▲ 35.7%
Board8 names since 2018
3 directorsBBOW and 2 others
Owners6 names in the annual accounts
24.38%IMONEY and 4 others
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €7,569 to €251,968Result from €52,949 to €1.3mEquity from €366,637 to €2.3mDebts from €548,019 to €743,539Cash from €332,380 to €33,316

Key points

from the 2025 annual accounts

Equity

€2.3m ▲ 518%
€367,0002024€2.3m2025

Equity rose in 2025: capital increase.

Turnover

≈ €610,000 estimated

The accounts state no turnover.

Filings

15 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Four of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.

Group

4 companies controlled

Heads a group.

Position in the sector

€1.3m

Higher net result than 95% of companies in architecture and engineering. Sector median €27,060 · 2,563 companies.

Net result +2,364%: 21-month year

Checked score

94
Excellent
Financially stronger than 78% of small companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 689 companies (NACE 71, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▲ +0.2 percentage points vs 12-2025 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 0.9%▲ +0.2 percentage points vs 02-2026 04-2026: 1.5%▲ +0.6 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026highest value 07-2026: 1.3%▼ -0.2 percentage points vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 0.2%▼ -1.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

100+35equity 75.3% of total assets
49-15short-term debt 13.3% · cash 1.1%
100+48return on assets 43.3%

Score breakdown

raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.50, cash €33,316, halved
lowers risk
Size: total assets €3.0m
Figures for financial year 2025 (filed on 29-08-2026)
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 71, small). It does better than 92% of them on solvency, 47% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Credit verdict

Credit of up to €210,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.5 (1.49 in 2024), below the usual 1.5. Short-term debt is 13.3% and cash 1.1% of total assets. 24.7% 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

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €3.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.50, cash €33,316, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
61 days early
2023
10 days late
2022
30 days late
2021
73 days early
2020
23 days late
2019
22 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 9 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

B
Managing director, BODARWE Eric
F
Director, VANDER BEKEN Jeroen Pol Anton
I
Director, Laurent NEY, since 12-11-2024
and 3 other shareholders

Shares in 9 companies, including NEY & PARTNERS FLANDERS and Ney & Partners Nederland

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0825116741
Purpose change · Amendment of the articles “Toutes études et activités d'ingénieur conseil,la consultance en ingénierie-conseil et la gestion de projets…” (deed in French) · General meeting of 16-12-2024 · Gazette deed
Company renamed from STRUCTURIZE to NEY GROUP Registered office moved from Forest to Watermael-Boitsfort · New registered office: chaussée de la Hulpe 181, 1170 Watermael-Boitsfort · Previous registered office: Rue des Alliés 149, 1190 Forest · General meeting of 08-11-2024 · Gazette deed
7 directors reappointed MAPLE TREE srl, STUDIO MENKO srl, INTERVAL STUDIO srl, BBOW srl, FORTEFORM srl, TVRN bvba and 1 other · Permanent representatives: Mathieu JACQUES de DIXMUDE, Matthieu MALLIE, Olivier GALLEZ, Eric BODARWE, Jeroen VANDER BEKEN, Thijs VAN ROOSBROECK and 1 other · General meeting of 08-09-2020 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
NEY GROUP Watermael-Boitsfort €3.0m €251,968 75.3% -
DEMEFCO Berchem-Sainte-Agathe €2.6m €244,738 29.3% -
AYA Aalst €2.7m €233,735 -55.1% 18.7
VISUEEL ADVERTISING Kortrijk €2.8m €222,998 66.0% -
TC FLOAT Etterbeek €2.4m €254,886 9.2% 2.5
GROENERGIE Bree €3.3m €242,035 67.6% 0
RUTTEN - NEW ENERGY SYSTEM Herstal €3.5m €239,141 64.3% -

These companies have the same main activity as NEY GROUP: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €2.4m and €3.5m, founded between 2006 and 2014.

Official details

Source: KBO
Status
Active since 19-04-2010Normal situation
Registered office
148 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.325.206.8931190 Forest, since 19-04-2010
Financial year end
31 December
Peppol
Reachable since 30-10-2025
Company details

Annual accounts 2025

€3.0m
Filing
Filed on 28-08-2026
Financials

Companies linked to NEY GROUP

Insights on NEY GROUP

NEY GROUP files the abbreviated format. That format states no turnover. The gross margin rose from €33,114 in 2010 to €251,968 in 2025.

In November 2024, five directors stepped down. In November 2024, the Official Gazette published the appointment of BBOW as managing director.

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 NEY GROUP

What is the company number of NEY GROUP?
The company number of NEY GROUP is 0825.116.741. The VAT number is the same number with BE in front: BE 0825.116.741.
Where is NEY GROUP based?
The registered office is at Terhulpsesteenweg 181, 1170 Watermael-Boitsfort.Company details
What does NEY GROUP do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of NEY GROUP?
NEY GROUP is a private limited company (BV).
When was NEY GROUP founded?
NEY GROUP was founded on 19-04-2010.
Is NEY GROUP still active?
Yes, NEY GROUP is an active enterprise in the KBO register.
What is the turnover of NEY GROUP?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €251,968 and 35 comparable companies (NACE 711). It probably lies between €460,000 and €820,000.Financials
Is NEY GROUP profitable?
In financial year 2025, NEY GROUP made a profit of €1.3m.
Where can I find the annual accounts of NEY GROUP?
NEY GROUP filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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