NEST INDUSTRIES
ActiveThe computed 12-month bankruptcy probability of NEST INDUSTRIES is 1.8% (moderate). The 2025 annual accounts show negative equity (€-56k) and a net result of €-35k. Equity is shrinking by ~71% per year across the filed fiscal years. Its solvency ranks better than 5% of 1902 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.72 in 2024; short-term debt: 155.1% and cash: 7.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-86.5%
Return on assets
-54.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-56k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
29 d early
2023
26 d early
2022
7 d late
2021
31 d late
2020
31 d late
2019
33 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-35k▲ 20.3%
2024 · €-44k
2019: €55k
2020: €-52k
2021: €-19k
2022: €-11k
2023: €46k
2024: €-44k
2019 → 2025
Working capital
€-66k▼ 171%
2024 · €-24k
2019: €73k
2020: €21k
2021: €2k
2022: €-10k
2023: €10k
2024: €-24k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-8k€23k€-21k€-56k▼ 167%
Operating result€-16k-€-9k▲ 44.4%€61k€-40k€-29k▲ 28.4%
Net result€-19k-€-11k▲ 44.4%€46k€-44k€-35k▲ 20.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €40k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€30k▲ 824%
Current assets
€35k▼ 45.5%
Key figures and ratios
EBITDA
€-23k▲
2024 · €-39k
Cash flow
€-30k▲
2024 · €-43k
Solvency
-86.5%▼
2024 · -31.3%
Current ratio
0.35▼
2024 · 0.72
Quick ratio
0.19▼
2024 · 0.53
Debt / equity
-2.16▲
2024 · -4.20
ROA
-54.1%▲
2024 · -65.5%
Interest coverage
-3.66▲
2024 · -9.67
Debt
€121k▲
2024 · €88k
Debt ≤ 1 year
€100k▲
2024 · €88k
Debt > 1 year
€20k
Income taxes
€109▲
2024 · €22
Staff costs
€16k▼
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€67k€65k▼
Fixed assets21/28€3k€30k▲
Tangible fixed assets22/27€3k€30k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€29k▲
Current assets29/58€64k€35k▼
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€21k€13k▼
Trade receivables40€18k€13k▼
Other amounts receivable41€3k-
Cash at bank and in hand54/58€26k€5k▼
Deferred charges and accrued income490/1-€629
Equity and liabilities
Total equity and liabilities10/49€67k€65k▼
Equity10/15€-21k€-56k▼
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-44k€-79k▼
Amounts payable17/49€88k€121k▲
Amounts payable after more than one year17-€20k
Financial debts170/4-€20k
Amounts payable within one year42/48€88k€100k▲
Current portion of amounts payable after more than one year42-€5k
Financial debts43€1k€5k▲
Credit institutions430/8€1k€5k▲
Trade debts44€37k€17k▼
Suppliers440/4€37k€17k▼
Advances received on contracts in progress46€588-
Taxes, remuneration and social security45€16k€16k▲
Taxes450/3€961€1k▲
Remuneration and social security454/9€15k€15k▲
Other amounts payable47/48€33k€57k▲
Income statement
Code20242025
Remuneration, social security and pensions62€92k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€901€5k▲
Other operating charges640/8€4k€11k▲
Gross operating margin9900€56k€3k▼
Operating profit (loss)9901€-40k€-29k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€-44k€-35k▲
Income taxes67/77€22€109▲
Profit (loss) for the period9904€-44k€-35k▲
Profit (loss) for the period to be appropriated9905€-44k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-79k▼
Profit (loss) brought forward from the previous period14P-€-44k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €46k
Net result €46k after 3 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-52k ▼194%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Frameries · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Pâturages 307080 FrameriesGround area
1,817 m²
Parcel 53060A0015/00W002, Wallonia. Linked by address, not a title deed.
1 establishment unit
NEST INDUSTRIES
since 20182.278.083.701
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53060A0015/00W002 | Wallonia | 1,817 m² | - | - |
Linked by address, not proof of ownership
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.
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,658. 797 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
33110Repair and maintenance of fabricated metal products
25110Manufacture of metal structures and parts of structures
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.