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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NERACO from Tielt, company number BE0890130792, closed financial year 2025 with a result of € 645,891 after tax. For that financial year NERACO recorded a gross margin of € 2 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 437,352 to € 645,891. Profitable, and profit is growing. 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 September 30, 2026.
€ 3.1 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 645,891
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 192,321
▼ 37% 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 € 2.8 million.
People and assets in 2025
11.1
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 497,110
▲ 11% vs 2024
€ 44,800 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.
€ 104,021
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
▼ 17% vs 2024
€ 420,381 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 220,037
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,156
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,136,505 | € 1,356,079 | € 1,668,580 | € 1,994,125 | ▲ 20% |
| Profit after taxes | € 184,770 | € 373,988 | € 437,352 | € 645,891 | ▲ 48% |
| Equity | € 1,497,086 | € 2,036,936 | € 2,446,358 | € 3,064,319 | ▲ 25% |
| Total debts | € 5,230,259 | € 4,103,411 | € 3,710,245 | € 3,173,190 | ▼ 14% |
| Cash | € 504,958 | € 580,620 | € 305,796 | € 192,321 | ▼ 37% |
| Land & buildings | € 3,725,226 | € 3,516,679 | € 3,454,019 | € 3,312,097 | ▼ 4% |
| Retained profit | € 1,357,167 | € 1,731,155 | € 2,168,508 | € 2,814,399 | ▲ 30% |
| Bank debt | € 4,498,975 | € 3,622,952 | € 3,156,571 | € 2,613,190 | ▼ 17% |
| Balance sheet total | € 6,732,238 | € 6,153,969 | € 6,168,755 | € 6,248,191 | ▲ 1% |
| Employees (FTE) | 9.2 | 9.7 | 8.3 | 11.1 | ▲ 2.8 |
By gross margin, NERACO ranks 2nd of 15 companies with main activity “Teelt van andere boomvruchten, kleinfruit en noten” in West Flanders that publish figures (fiscal year 2025).
Key figures of NERACO, 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.
Ask about NERACO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to NERACO?
What happened at NERACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 645,891 (▲ 48% vs 2024). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 184,770 profit in 2022 to € 645,891 profit in 2025.
Paid € 531,089 in corporate taxes since 2022.
Best year ever: 2025, with € 645,891 profit.
On average € 179,700 of value added per employee in 2025.
Management
Behind NERACO is Nele De Bevere.
Directors
According to the 2025 annual accounts
Nele De Bevere
Director
Establishments
Establishment units
Physical locations of this company
Veldstraat 108
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Similar companies in West Flanders
Same main activity (Teelt van andere boomvruchten, kleinfruit en noten), 27 active companies in West Flanders, largest first.
€ 3 million gross margin · 2025 · Oostkamp
€ 1.4 million gross margin · 2025 · Damme
€ 893,116 gross margin · 2025 · Harelbeke
€ 669,862 gross margin · 2024 · Jabbeke
€ 610,579 gross margin · 2026 · Waregem
€ 510,116 gross margin · 2025 · Wevelgem
Details
- Company number
- 0890.130.792
- VAT number
- BE 0890.130.792
- Registered office
- Veldstraat 108, 8760 Tielt
- Names & denominations
- NERACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Teelt van andere boomvruchten, kleinfruit en noten
Teelt van pit- en steenvruchten
Fruitteelt
Groothandel in bloemen en planten
Detailhandel in groenten en fruit