Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEL & CO from Brussel, company number BE0568898862, closed financial year 2025 with a result of € 101,008 after tax. For that financial year NEL & CO recorded a gross margin of € 298,175 and equity of € 334,235. Compared with financial year 2024, the result moved from € 95,200 to € 101,008. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 334,235
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 101,008
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 45,645
▼ 23% 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 € 315,635.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 3,778
▲ 39% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,495
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 704,698
▼ 9% vs 2024
€ 70,480 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 7,699
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,383
▼ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 106,616 | € 149,233 | € 205,349 | € 298,175 | ▲ 45% |
| Profit after taxes | € 50,539 | € 68,920 | € 95,200 | € 101,008 | ▲ 6% |
| Equity | € 69,107 | € 138,027 | € 233,227 | € 334,235 | ▲ 43% |
| Total debts | € 1,136,247 | € 1,056,042 | € 936,400 | € 880,057 | ▼ 6% |
| Cash | € 19,749 | € 12,956 | € 59,296 | € 45,645 | ▼ 23% |
| Land & buildings | € 710,400 | € 679,179 | € 646,312 | € 630,793 | ▼ 2% |
| Retained profit | € 50,507 | € 119,427 | € 214,627 | € 315,635 | ▲ 47% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 907,254 | € 841,184 | € 773,676 | € 704,698 | ▼ 9% |
| Balance sheet total | € 1,205,354 | € 1,194,068 | € 1,169,627 | € 1,214,292 | ▲ 4% |
| Employees (FTE) | - | 0.3 | 0 | 0.1 |
Key figures of NEL & CO, 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 NEL & CO?
What happened at NEL & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 101,008 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Laetitia WOLTERS became a director. NBB
- Thierry HOFMANS became a director. NBB
In short
From € 50,539 profit in 2022 to € 101,008 profit in 2025.
Paid € 86,191 in corporate taxes since 2022.
Best year ever: 2025, with € 101,008 profit.
Paid out € 100,000 in dividends to the owners in total.
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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
Behind NEL & CO are Laetitia WOLTERS and Thierry HOFMANS. It owns 100% of MAGENTIMMO SRL itself.
Directors
According to the 2025 annual accounts
since 2014
since 2014
Establishments
Establishment units
Physical locations of this company
Kiekenmarkt 47
1000 Brussel
Avenue des Mésanges 1
1390 Grez-Doiceau
Active since 15 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0568.898.862
- VAT number
- BE 0568.898.862
- Registered office
- Kiekenmarkt 47, 1000 Brussel
- Names & denominations
- NEL & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2015
- Peppol
- Active · Active since 8 Oct 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Adviesbureaus op het gebied van public relations en communicatie
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
+1