Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NELL from Leuven, company number BE0424116266, closed financial year 2025 with a result of € 71,643 after tax. For that financial year NELL recorded a gross margin of € 539,044 and equity of € 489,011. Compared with financial year 2024, the result moved from € 152,283 to € 71,643. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 489,011
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,643
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 116,919
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 427,011.
People and assets in 2025
12.3
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 370,571
▲ 16% vs 2024
€ 30,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,521
▲ € 33,440 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 213,230
▼ 15% vs 2024
€ 38,434 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 238,922
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,811
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 268,043 | € 399,862 | € 576,163 | € 539,044 | ▼ 6% |
| Profit after taxes | € 25,725 | € 53,752 | € 152,283 | € 71,643 | ▼ 53% |
| Equity | € 211,333 | € 265,085 | € 417,368 | € 489,011 | ▲ 17% |
| Total debts | € 209,837 | € 340,331 | € 574,680 | € 543,818 | ▼ 5% |
| Cash | € 101,472 | € 153,002 | € 143,463 | € 116,919 | ▼ 19% |
| Land & buildings | - | € 128,609 | € 386,466 | € 356,339 | ▼ 8% |
| Retained profit | € 149,333 | € 203,085 | € 355,368 | € 427,011 | ▲ 20% |
| Bank debt | € 15,933 | € 106,819 | € 251,254 | € 213,230 | ▼ 15% |
| Balance sheet total | € 421,171 | € 605,416 | € 992,048 | € 1,032,829 | ▲ 4% |
| Employees (FTE) | 8.2 | 7.9 | 9.2 | 12.3 | ▲ 3.1 |
Key figures of NELL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NELL?
What happened at NELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Van Dessel stepped down as director. NBB
- T.Inc NV stepped down as director. NBB
- New establishment in Kampenhout. KBO
- New annual accounts for financial year 2025: profit of € 71,643 (▼ 53% vs 2024). Source: NBB ↗
- New establishment in Herent. KBO
- New establishment in Haacht. KBO
- Peter Van Dessel became a director. NBB
- T.Inc NV became a director. NBB
In short
From € 25,725 profit in 2022 to € 71,643 profit in 2025.
Paid € 93,327 in corporate taxes since 2022.
Best year ever: 2024, with € 152,283 profit.
On average € 43,800 of value added per employee in 2025.
A new publication or filing at NELL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of T.INC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NELLThe shares are held by T.INC (99.8%).
Establishments
Establishment units
Physical locations of this company
Herestraat 49
3000 Leuven
Werchtersesteenweg 4
3150 Haacht
Active since 1 September 2023
Mechelsesteenweg 220
3020 Herent
Active since 1 October 2024
Haachtsesteenweg 380 box B
1910 Kampenhout
Active since 1 September 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →The Association for European Paediatric and Congenital Cardiology
Stfran.
€ 75,987 revenue · 2023
ALFAGEN: Alumni van de FAculteit GENeeskunde KU Leuven
Rega Instituut
€ -7,459 gross margin · 2025
Vlaamse Vereniging voor Seksuologie
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.116.266
- VAT number
- BE 0424.116.266
- Registered office
- Herestraat 49, 3000 Leuven
- Names & denominations
- NELL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 1983
- Peppol
- Active · Active since 27 Feb 2025
- Activities · NACE
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