N.A.S. CONSTRUCTION
ActiveN.A.S. CONSTRUCTION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €2k. Equity is growing by ~38.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-4
Solvency87▲+24
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 1.16 in 2024; short-term debt: 24.4% and cash: 8.9% of total assets), and 38% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
41 d late
2024
77 d late
2023
30 d late
2022
92 d late
2021
200 d late
2020
19 d late
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€100k▲ 1.9%
2024 · €98k
2018: €-13k
2019: €20k
2020: €43k
2021: €10k
2022: €38k
2023: €73k
2024: €98k
2018 → 2025
Total assets
€161k▼ 37.5%
2024 · €258k
2018: €37k
2019: €225k
2020: €229k
2021: €379k
2022: €292k
2023: €247k
2024: €258k
2018 → 2025
Net result
€2k▼ 92.4%
2024 · €25k
2018: €46k
2019: €33k
2020: €23k
2021: €-33k
2022: €28k
2023: €35k
2024: €25k
2018 → 2025
Working capital
€79k▲ 311%
2024 · €19k
2018: €-28k
2019: €-53k
2020: €-13k
2021: €-52k
2022: €-4k
2023: €12k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€38k▲ 272%€73k▲ 90.2%€98k▲ 33.9%€100k▲ 1.9%
Operating result€-22k-€37k€55k▲ 47.2%€56k▲ 2.0%€8k▼ 86.3%
Net result€-33k-€28k€35k▲ 23.4%€25k▼ 28.6%€2k▼ 92.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€42k▼ 64.1%
Current assets
€119k▼ 15.0%
Equity and liabilities €161k
Equity
€100k▲ 1.9%
Debt
€61k▼ 61.7%
The debt ratio falls from 61.9% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €83k
Cash flow
€8k▼
2024 · €51k
Solvency
62.0%▲
2024 · 38.1%
Current ratio
3.02▲
2024 · 1.16
Quick ratio
3.02▲
2024 · 1.16
Debt / equity
0.61▼
2024 · 1.63
ROE
1.9%▼
2024 · 25.3%
ROA
1.2%▼
2024 · 9.6%
Interest coverage
3.74▲
2024 · 2.88
Debt
€61k▼
2024 · €160k
Debt ≤ 1 year
€39k▼
2024 · €120k
Debt > 1 year
€22k▼
2024 · €39k
Income taxes
€2k▼
2024 · €12k
Staff costs
€554▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€258k€161k▼
Fixed assets21/28€118k€42k▼
Tangible fixed assets22/27€118k€42k▼
Plant, machinery and equipment23€118k€21k▼
Furniture and vehicles24-€22k
Financial fixed assets28€135€135=
Current assets29/58€140k€119k▼
Amounts receivable within one year40/41€138k€104k▼
Trade receivables40€69k€64k▼
Other amounts receivable41€69k€40k▼
Cash at bank and in hand54/58€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€258k€161k▼
Equity10/15€98k€100k▲
Contributions10/11€8k€8k=
Outside capital11€8k€8k=
Other1109/19€8k€8k=
Reserves13€90k€92k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€88k€90k▲
Amounts payable17/49€160k€61k▼
Amounts payable after more than one year17€39k€22k▼
Financial debts170/4€39k€22k▼
Amounts payable within one year42/48€120k€39k▼
Current portion of amounts payable after more than one year42€27k€15k▼
Trade debts44€24k€10k▼
Suppliers440/4€24k€10k▼
Taxes, remuneration and social security45€65k€14k▼
Taxes450/3€65k€14k▼
Other amounts payable47/48€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€554▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€6k▼
Other operating charges640/8€41k€4k▼
Gross operating margin9900€126k€19k▼
Operating profit (loss)9901€56k€8k▼
Financial income75/76B€9k-
Recurring financial income75€9k-
Non-recurring financial income76B€9k-
Financial charges65/66B€29k€4k▼
Recurring financial charges65€29k€4k▼
Profit (loss) for the period before taxes9903€36k€4k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€25k€2k▼
Profit (loss) for the period to be appropriated9905€25k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€2k▼
Transfer to equity691/2€25k€2k▼
To other reserves6921€25k€2k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 3.02
Current ratio from 1.16 to 3.02; short-term debt falls from €120k to €39k.
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 77 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 200 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-33k ▼241%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Borgersteinlei(MeSK) 1092800 MechelenGround area
27 m²
Parcel 12402H0077/00H011, Flanders. Linked by address, not a title deed.
1 establishment unit
N.A.S. Construction
since 20072.162.377.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402H0077/00H011 | Flanders | 27 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ALFAVAF
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FDS-Bouw
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-04-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
68121Development of residential building projects
43110Demolition
43120Site preparation
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45111
45112
45250
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.