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Antwerp Naval Repairs

Active
Private limited companyfounded 1982active for 44 yearsBoterhamvaartweg 2, 2030 Antwerpen, BelgiumKBO/BCE: BE 0422.847.645
Summary

Antwerp Naval Repairs has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,251 and a net result of €5,943. Equity has been shrinking by about 16% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 10% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 04-06-1982 Normal situation
Registered office
28 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.021.700.823 2030 Antwerpen, since 04-06-1982
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board
Auditor
Finvisuin Bedrijfsrevisoren BV

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€261,996
Turnover
≈ €590,000
estimated
Profit
€5,943
Equity
€101,251
▲ 6.2%
Total assets
€1.6m
▲ 16.9%
Employees on 31-12-2025
2
=
  • 2025 accounts filed 49 days after the deadline
Score breakdownraises riskEquity €101,251 (6.4% of total assets)Sector: Specialised construction activities (NACE 43)Last filed accounts filed 49 days late; 3 of the last 3 accounts latelowers riskLiquidity: current ratio 2.86, cash €226,526Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 31-1
equity 6.4% of total assets
Liquidity 58+10
short-term debt 26.7% · cash 14.4%
Profitability 69+69
return on assets 0.4%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.7% 01-2025: 3.4%▲ +1.7 percentage points vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.4%● unchanged vs 02-2025 04-2025: 1.1%▼ -2.3 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.4 percentage points vs 08-2025 10-2025: 2.8%▲ +0.8 percentage points vs 09-2025 11-2025: 4.6%▲ +1.8 percentage points vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 4.7%▲ +0.1 percentage points vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026 04-2026: 4.7%● unchanged vs 03-2026 05-2026: 4.5%▼ -0.2 percentage points vs 04-2026 06-2026: 4.3%▼ -0.2 percentage points vs 05-2026 07-2026: 4.5%▲ +0.2 percentage points vs 06-2026 08-2026: 4.8%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 4.8%● unchanged vs 08-2026 10-2026: 0.8%▼ -4.0 percentage points vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.86 (4.63 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 14.4% of total assets. However, 93.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 54% on liquidity, 36% on profitability and 49% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Equity €101,251 (6.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Last filed accounts filed 49 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.86, cash €226,526
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9895 sector peers (2025).
NBB · sector comparison
Position among 9895 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
49 days late
2024
64 days late
2023
239 days late
2022
40 days early
2021
44 days early
2020
43 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 September (4 of the last 5 accounts filed within 93 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €328,672 in 2024 €5,943 View
  • Caution: Lower solvency than 90% of companies in specialised constructionsector median 44.0% · 9,895 companies 6.4% View

Recent changes

  1. · Gazette deed Resignation: Jan de Braal (director)Appointment: Cornelis de Braal (director)
  2. · Gazette deed Appointment: Finvision Bedrijfsrevisoren Antwerpen BV (statutory auditor)Permanent representative: Karel Nijs
  3. · Gazette deed Company renamed from Bartholomeeussen to ANTWERP NAVAL REPAIRS
All 20 events

Comparable companies

These companies have the same main activity as Antwerp Naval Repairs: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €984,000 and €1.6m, founded between 1970 and 1994.

CompanyTotal assetsGross margin
Antwerp Naval Repairs Antwerpen€1.6m€0.3m
Elektriciteitswerken Feys Oostkamp€1.4m€0.2m
VERHEYDEN ELEKTRICITEITSWERKEN Kinrooi€1.1m€0.3m
DE MUYT Ieper€1.6m€0.3m
DE WOLF Ranst€1.4m€0.5m
SHP SERVICES Putte€1.2m€0.3m
VERELEC Dessel€1.0m€0.3m
Full comparison

Key facts about Antwerp Naval Repairs

What is the company number of Antwerp Naval Repairs?
The company number of Antwerp Naval Repairs is 0422.847.645. The VAT number is the same number with BE in front: BE 0422.847.645.
Where is Antwerp Naval Repairs based?
The registered office is at Boterhamvaartweg 2, 2030 Antwerpen.Company details
What does Antwerp Naval Repairs do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Antwerp Naval Repairs?
The legal form of Antwerp Naval Repairs is Private limited company (BV).
When was Antwerp Naval Repairs founded?
Antwerp Naval Repairs was founded on 04-06-1982.
Is Antwerp Naval Repairs still active?
Yes, Antwerp Naval Repairs is an active enterprise in the KBO register.
How many employees does Antwerp Naval Repairs have?
Antwerp Naval Repairs had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Antwerp Naval Repairs?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €261,996 and 34 comparable companies (NACE 43211). It probably lies between €510,000 and €720,000.
Is Antwerp Naval Repairs profitable?
In financial year 2025, Antwerp Naval Repairs made a profit of €5,943.
Where can I find the annual accounts of Antwerp Naval Repairs?
Antwerp Naval Repairs filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Antwerp Naval Repairs due?
Antwerp Naval Repairs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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