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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEVCO from Ukkel, company number BE1012253693, closed financial year 2025 with a result of € 93,867 after tax. For that financial year NEVCO recorded a gross margin of € 171,668 and equity of € 99,657. Compared with financial year 2024, the result moved from € -4,210 to € 93,867. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 99,657
▲ € 93,867 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,867
▲ still € 4,210 loss in 2024
Profit after tax over the fiscal year.
€ 13,643
▼ 80% 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 € 89,657.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,168
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,346
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 11% vs 2024
€ 170,932 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 650
Supplier invoices still open on the last day of the fiscal year.
€ 31,014
▲ € 28,662 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 13,909 | € 171,668 | ▲ € 157,758 |
| Profit after taxes | € -4,210 | € 93,867 | ▲ € 98,077 |
| Equity | € 5,790 | € 99,657 | ▲ € 93,867 |
| Total debts | € 1,572,979 | € 1,781,433 | ▲ 13% |
| Cash | € 68,469 | € 13,643 | ▼ 80% |
| Retained profit | € -4,210 | € 89,657 | ▲ € 93,867 |
| Bank debt | € 1,275,000 | € 1,414,458 | ▲ 11% |
| Balance sheet total | € 1,578,769 | € 1,881,090 | ▲ 19% |
Key figures of NEVCO, fiscal years 2024 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 NEVCO?
What happened at NEVCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93,867. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,210 loss in 2024 to € 93,867 profit in 2025.
Paid € 28,922 in corporate taxes since 2024.
Best year ever: 2025, with € 93,867 profit.
Management
Behind NEVCO is Serdar BILGIC.
Directors
According to the 2025 annual accounts
Serdar BILGIC
Director
Establishments
Establishment units
Physical locations of this company
Coghenlaan 183
1180 Ukkel
Louizalaan 486
1050 Brussel
Active since 6 August 2024
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
- 1012.253.693
- VAT number
- BE 1012.253.693
- Registered office
- Coghenlaan 183, 1180 Ukkel
- Names & denominations
- NEVCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 2024
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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