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Nanel

Active
Private limited companyfounded 2015active for 11 yearsOude Eksaardebaan 20, 9160 Lokeren, BelgiumKBO/BCE: BE 0604.991.671
Summary

Nanel has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €447,919 and a net result of €72,115. Equity has been growing by about 19% per year since 2019. Its solvency ranks better than 53% of 129 sector peers (NACE 01, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-03-2015 Normal situation
Activity
Raising of horses and other equines NACE 01430and 6 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2026
Establishment units
2.286.620.491 9160 Lokeren, since 05-04-2019
2.312.978.757 9160 Lokeren, since 04-02-2021
Financial year end
31 March
Peppol
Reachable since 27-11-2025

Board and ownership

Board
  • Van Cauter ChristopheDirector · since 22-12-2020
  • Weckx KaraDirector · since 22-12-2020

Financial position

91 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Gross margin
€713,729
▼ 8.4%
Turnover
≈ €1.8m
estimated
Profit
€72,115
▼ 43.4%
Equity
€447,919
▼ 19.0%
Total assets
€1.0m
▲ 31.9%
Employees on 31-03-2026
14
▲ 100%
Score breakdownraises riskSize: 13.4 FTE, total assets €1.0mlowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Liquidity: current ratio 1.82, cash €125,968, halvedEquity €447,919 (43.3% of total assets)Show the evidence

Checked score

Score 2026
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of small companies in crop and animal production (NACE 01)
Financial strength · tick: 2025
Strong
Solvency 68-27
equity 43.3% of total assets
Liquidity 58-28
short-term debt 22.0% · cash 12.2%
Profitability 77-12
return on assets 7.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (909 companies, NACE 01, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 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: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (3.43 in 2025), above the usual 1.5. Short-term debt is 22% and cash 12.2% of total assets. However, 56.7% of the assets are financed with debt and provisions.
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 01, small). It does better than 54% of them on solvency, 74% on liquidity, 70% on profitability and 9% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Liquidity: current ratio 1.82, cash €125,968, halved
NBB · annual accounts
lowers risk · Equity €447,919 (43.3% of total assets)
NBB · annual accounts
raises risk · Size: 13.4 FTE, total assets €1.0m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-10-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
8 days early
2025
7 days early
2024
7 days early
2023
4 days early
2022
19 days early
2021
9 days early
2020
2 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 8 days before the deadline. In the sector (NACE 01), 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 next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 24 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2026from €127,472 to €72,115 ▼ 43.4% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €72,115 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Nanel: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €720,000 and €1.7m, founded between 2011 and 2019.

CompanyTotal assetsGross margin
Nanel Lokeren€1.0m€0.7m
L&M Sporthorses Putte€1.7m€0.5m
PIET LENSKENS SPORTHORSES Peer€0.9m€0.4m
BROSENS FRANK Rijkevorsel€1.3m€0.3m
HIGHFIELD FARM Brasschaat€1.6m€0.6m
Stal 't Ruytershof Sint-Niklaas€0.7m€0.3m
JW Stables Waasmunster€1.1m€0.3m
Full comparison

Key facts about Nanel

What is the company number of Nanel?
The company number of Nanel is 0604.991.671. The VAT number is the same number with BE in front: BE 0604.991.671.
Where is Nanel based?
The registered office is at Oude Eksaardebaan 20, 9160 Lokeren.Company details
What does Nanel do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of Nanel?
The legal form of Nanel is Private limited company (BV).
When was Nanel founded?
Nanel was founded on 17-03-2015.
Is Nanel still active?
Yes, Nanel is an active enterprise in the KBO register.
How many employees does Nanel have?
Nanel had an average of 13.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does Nanel fall under?
In its 31-03-2026 annual accounts, Nanel states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Nanel?
The turnover in financial year 2026 is ≈ €1.8m. This figure is estimated from the gross margin of €713,729 and 39 comparable companies (NACE 01). It probably lies between €1.3m and €2.1m.
Is Nanel profitable?
In financial year 2026, Nanel made a profit of €72,115.
Where can I find the annual accounts of Nanel?
Nanel filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Nanel due?
Nanel must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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