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N.A.S. CONSTRUCTION

Active
Private limited company (pre-2019)founded 2007active for 19 yearsBorgersteinlei 109, 2800 Mechelen, BelgiumKBO/BCE: BE 0888.931.853

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

N.A.S. CONSTRUCTION has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,905 and a net result of €1,883. Equity has been growing by about 39% per year since 2018. Its solvency ranks better than 71% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 19-04-2007 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Borgersteinlei 109, 2800 Mechelen
Activity
Other construction installation NACE 43240and 6 others
Establishment unit
2.162.377.844 2800 Mechelen, since 15-05-2007
Financial year end
31 December
Peppol
Reachable since 09-01-2026

Board and ownership

Board
  • Nas IlhanDirector · since 23-04-2007

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€18,887
▼ 85.0%
Turnover
≈ €240,000
estimated
Profit
€1,883
▼ 92.4%
Equity
€99,905
▲ 1.9%
Total assets
€161,026
▼ 37.5%
Staff
≈ 0 FTE
estimated
2025 accounts filed 41 days after the deadline
Filed on 10-09-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 41 days late; 2 of the last 3 accounts lateSize: total assets €161,026Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2007Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 87+24
equity 62.0% of total assets
Liquidity 52+24
short-term debt 24.4% · cash 8.9%
Profitability 51-4
return on assets 1.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 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 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.6 percentage points vs 07-2025 09-2025: 2.5%▲ +0.3 percentage points vs 08-2025 10-2025: 3.1%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 1.3%▼ -1.8 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.4%▲ +0.1 percentage points vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.7%▼ -1.5 percentage points vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.02 (1.16 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 8.9% of total assets. 38% 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 68% of them on solvency, 47% on liquidity, 25% on profitability and 40% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 41 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €161,026
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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
41 days late
2024
77 days late
2023
30 days late
2022
92 days late
2021
200 days late
2020
19 days late
2019
61 days late
← 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 74 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 16 October (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about N.A.S. CONSTRUCTION

What is the company number of N.A.S. CONSTRUCTION?
The company number of N.A.S. CONSTRUCTION is 0888.931.853. The VAT number is the same number with BE in front: BE 0888.931.853.
Where is N.A.S. CONSTRUCTION based?
The registered office is at Borgersteinlei 109, 2800 Mechelen.Company details
What does N.A.S. CONSTRUCTION do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of N.A.S. CONSTRUCTION?
The legal form of N.A.S. CONSTRUCTION is Private limited company (pre-2019) (BVBA).
When was N.A.S. CONSTRUCTION founded?
N.A.S. CONSTRUCTION was founded on 19-04-2007.
Is N.A.S. CONSTRUCTION still active?
Yes, N.A.S. CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of N.A.S. CONSTRUCTION?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €18,887 and 33 comparable companies (NACE 43240). It probably lies between €110,000 and €450,000. It is a rough estimate.Financials
Is N.A.S. CONSTRUCTION profitable?
In financial year 2025, N.A.S. CONSTRUCTION made a profit of €1,883.
Where can I find the annual accounts of N.A.S. CONSTRUCTION?
N.A.S. CONSTRUCTION filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of N.A.S. CONSTRUCTION due?
N.A.S. CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as N.A.S. CONSTRUCTION: other construction installation (NACE 43240). They are comparable in size and age: total assets between €139,000 and €199,000, founded between 2003 and 2008.

CompanyTotal assetsGross margin
N.A.S. CONSTRUCTION Mechelen€161,026€18,887
FABELEC Braine-le-Comte€164,133€14,876
DEVAPO Berlare€181,979€23,198
MB-CONSTRUCT Anderlecht€198,718€18,008
BIO CASA CONCEPT Kortrijk€168,605€24,973
DESVA Antwerpen€141,569€25,770
ARCAY INVEST Brasschaat€138,611€22,626
Full comparison

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