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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEVELSTEEN from Westerlo, company number BE0424338574, closed financial year 2025 with a result of € 13,666 after tax. For that financial year NEVELSTEEN recorded a gross margin of € 19,022 and equity of € -106,122. Compared with financial year 2024, the result moved from € 19,418 to € 13,666. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ -106,122
▲ € 13,666 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,666
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 17,956
▲ 122% 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 € -124,714.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,412
Of which on lease € 29,412.
Debts at end 2025
€ 26,607
€ 5,577 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -105,286 | € 97,293 | € 22,046 | € 19,022 | ▼ 14% |
| Profit after taxes | € -120,601 | € 84,538 | € 19,418 | € 13,666 | ▼ 30% |
| Equity | € -223,744 | € -139,205 | € -119,787 | € -106,122 | ▲ € 13,666 |
| Total debts | € 1,441,267 | € 191,584 | € 148,603 | € 168,348 | ▲ 13% |
| Cash | € 97,564 | € 12,046 | € 8,080 | € 17,956 | ▲ 122% |
| Retained profit | € -242,336 | € -157,797 | € -138,379 | € -124,714 | ▲ € 13,666 |
| Bank debt | € 306,225 | € 0 | € 0 | € 26,607 | |
| Balance sheet total | € 1,217,524 | € 52,379 | € 28,816 | € 62,227 | ▲ 116% |
Key figures of NEVELSTEEN, 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 NEVELSTEEN?
What happened at NEVELSTEEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,666 (▼ 30% vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,601 loss in 2022 to € 13,666 profit in 2025.
Paid € 328 in corporate taxes since 2022.
Best year ever: 2023, with € 84,538 profit.
Management
Behind NEVELSTEEN is Wim Nevelsteen.
Directors
According to the 2025 annual accounts
Wim Nevelsteen
Director
Establishments
Establishment units
Physical locations of this company
Tolhuis 26
2260 Westerlo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.338.574
- VAT number
- BE 0424.338.574
- Registered office
- Tolhuis 26, 2260 Westerlo
- Names & denominations
- NEVELSTEEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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