Checked.be
Inactive
BE 0788.992.159Private limited companyOpen bankruptcy
NELHED
Schaapsdijk 59 ·2990 Wuustwezel, Belgium
Sector: Activities of holding companies
(64210)
Conclusion
A bankruptcy procedure is open for NELHED according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2025 annual accounts show equity of €81k and a net result of €20k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €81k |
| Net result | €20k |
| Better than sector | 20% |
| Locations | 1 |
Financial profile
41
/ 100
Fragile profile, watch stability in particular.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
100
Solvency
12
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
60 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 judicial reorganisation (+10)
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 30-06-2026 with the NBB · fiscal year 2025 · abbreviated schema
Sector comparison
Fiscal year 2025 · NACE 64, Financial service activities, except insurance and pension funding · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.1% | 51.8% | |
| Net result | €20k | €53k | |
| Equity | €81k | €622k | |
| Gross operating margin | €24k | €87k | |
| Employees (FTE) | 0.0 | 0.0 |
€20k
-
22-25
€445k
+1.6%
22-25
€81k
+32.5%
22-25
0
-
22-25
€0
-
22-25
€1k
+362.7%
22-25
€365k
-3.3%
22-25
€339k
+3.8%
22-25
€26k
-49.0%
22-25
18.1%
+30.4%
22-25
24.5%
-
22-25
4.4%
-
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €20k | €-23k | €40k | €39k |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | €0 | - |
| Income taxes | €1k | €298 | €10k | €10k |
| Dividends | - | - | - | - |
| Total assets | €445k | €438k | €139k | €70k |
| Equity | €81k | €61k | €84k | €44k |
| Debt | €365k | €377k | €55k | €26k |
| of which ≤ 1y | €339k | €326k | €55k | €26k |
| of which > 1y | €26k | €51k | - | - |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | 0.0 | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 18.1% | 13.9% | 60.6% | 63.2% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | 4.4% | -5.3% | 28.8% | 56.0% |
| ROE | 24.5% | -38.5% | 47.5% | 88.7% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €445k | €438k | €139k | €70k |
| Fixed assets | 21/28 | €293k | €78k | - | - |
| Financial fixed assets | 28 | €293k | €78k | - | - |
| Current assets | 29/58 | €153k | €360k | €139k | €70k |
| Amounts receivable within one year | 40/41 | €147k | €352k | €135k | €61k |
| Cash & bank | 54/58 | €6k | €6k | €2k | €7k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €445k | €438k | €139k | €70k |
| Equity | 10/15 | €81k | €61k | €84k | €44k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k |
| Reserves | 13 | €79k | €79k | €79k | €39k |
| Accumulated profits (losses) | 14 | €-4k | €-23k | - | - |
| Amounts payable | 17/49 | €365k | €377k | €55k | €26k |
| Amounts payable after one year | 17 | €26k | €51k | - | - |
| Amounts payable within one year | 42/48 | €339k | €326k | €55k | €26k |
| Trade debts payable within one year | 44 | €43k | €43k | €28k | €5k |
| Income statement | |||||
| Gross operating margin | 9900 | €24k | €-18k | €54k | €52k |
| Operating result | 9901 | €22k | €-21k | €52k | €51k |
| Financial income | 75 | €7k | €9k | €4k | - |
| Financial charges | 65 | €7k | €11k | €6k | €1k |
| Result before taxes | 9903 | €21k | €-23k | €50k | €49k |
| Income taxes | 67/77 | €1k | €298 | €10k | €10k |
| Net result for the period | 9904 | €20k | €-23k | €40k | €39k |
| Result to be appropriated | 9905 | €20k | €-23k | €40k | €39k |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | KATRIEN TEUGHELS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
20-08-2026 → present |
Legal Structure
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 28-07-2022 |
| Status | Inactive |
| Postal code | 2990 |
| First insolvency signal | 29-04-2026 |
| Latest insolvency signal | 26-08-2026 |
Establishment units
NELHED
since 20222.334.577.786
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053D0488/00X005 | Flanders | 1,450 m² | 1 · 145 m² | 8.9 m |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
26-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · NELHED BV SCHAAPSDIJK 59, 2990 WUUSTWEZEL · event 20-08-2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
29-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif_pme · event 22-04-2026
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
17-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 229 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼159%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
2023
31-12
Financial
Highest result since 2022net €40k ▲1.8%
Operating result €52k, net result €40k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
26-08-2026
Bankruptcy
Opening
29-04-2026
Judicial reorganisation
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Activities
Holdings64200Activities of holding companies64210Business and other management consultancy70200Business consulting70220
Names & trade names
| Legal nameNL | NELHED |
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