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N&B RENEWABLE ENERGY

Active
Private limited companyfounded 2018active for 8 yearsHerrmann-Debrouxlaan 54, 1160 Oudergem, BelgiumKBO/BCE: BE 0700.802.828
Summary

The computed 12-month bankruptcy probability of N&B RENEWABLE ENERGY is 4.7% (elevated). The 2025 annual accounts show negative equity (-€229,415) and a net result of -€227,854. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 350 sector peers (NACE 35, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 10-08-2018 Normal situation
Registered office
180 active companies are registered at this address 17 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Production of electricity from non-renewable sources NACE 35110and 2 others
Establishment unit
2.279.848.111 5030 Gembloux, since 10-08-2018
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Board
Shareholders

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts 2025
Gross margin
€3,495
▼ 97.4%
Turnover
≈ €24,000
estimated
Loss
€227,854
Equity
-€229,415
▼ 14,598%
Total assets
€1.7m
▲ 2.6%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 3 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.11, cash €1,040Loss of €227,854 (financial year 2025)Negative equity -€229,415lowers riskSize: total assets €1.7mShow the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies in electricity, gas and steam (NACE 35)
Financial strength · tick: 2024
Weak
Solvency 12-13
equity -13.4% of total assets
Liquidity 0=
short-term debt 110.8% · cash 0.1%
Profitability 2-45
return on assets -13.3%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (544 companies, NACE 35, micro)
Last 24 months 12-2024: 6.1% 01-2025: 6.1%● unchanged vs 12-2024 02-2025: 6.1%● unchanged vs 01-2025 03-2025: 6.1%● unchanged vs 02-2025 04-2025: 6.2%▲ +0.1 percentage points vs 03-2025 05-2025: 6.2%● unchanged vs 04-2025 06-2025: 6.1%▼ -0.1 percentage points vs 05-2025 07-2025: 6.4%▲ +0.3 percentage points vs 06-2025 08-2025: 7.2%▲ +0.8 percentage points vs 07-2025 09-2025: 8.4%▲ +1.2 percentage points vs 08-2025 10-2025: 11.8%▲ +3.4 percentage points vs 09-2025highest value 11-2025: 8.3%▼ -3.5 percentage points vs 10-2025 12-2025: 8.3%● unchanged vs 11-2025 01-2026: 8.3%● unchanged vs 12-2025 02-2026: 8.4%▲ +0.1 percentage points vs 01-2026 03-2026: 8.4%● unchanged vs 02-2026 04-2026: 8.3%▼ -0.1 percentage points vs 03-2026 05-2026: 8.3%● unchanged vs 04-2026 06-2026: 8.1%▼ -0.2 percentage points vs 05-2026 07-2026: 4.6%▼ -3.5 percentage points vs 06-2026lowest value 08-2026: 5.2%▲ +0.6 percentage points vs 07-2026 09-2026: 8.7%▲ +3.5 percentage points vs 08-2026 10-2026: 4.7%▼ -4.0 percentage points vs 09-2026 11-2026: 4.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (0.1 in 2024), below 1. Short-term debt is 110.8% and cash 0.1% of total assets. Equity is negative.
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 35, micro). It does better than 12% of them on solvency, 2% on liquidity, 17% on profitability and 1% on growth.

The bankruptcy probability was computed on 03-11-2026 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 · Liquidity: current ratio 0.11, cash €1,040
NBB · annual accounts
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €227,854 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€229,415
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€229,415
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 7 filings
Deviation from the deadline
2025
3 days late
2024
58 days late
2023
55 days early
2022
83 days early
2021
83 days early
2020
53 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 36 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% 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 7 June (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€229,415 View
  • Caution: Equity fell in 2025from -€1,561 to -€229,415 ▼ 14,598% View
  • Caution: Less equity than 95% of companies in electricity, gas and steamsector median €424,375 · 350 companies -€229,415 View
  • Caution: Board changedlatest change 27-05-2026 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Woluwe-Saint-Pierre to BruxellesNew seat: Spaces coworking Auderghem, Avenue Herrmann-Debroux 54, 1160 Bruxelles · Previous seat: Avenue de Tervueren 168 Boîte 14, 1150 Woluwe-Saint-Pierre
  2. · Gazette deed 1 director appointed, 1 director resigningResignation: Levi Mariën (director) · Appointment: HELEXIA BELGIUM INVEST (director) · Permanent representative: Quentin Le Mière
  3. · Gazette deed Resignation: Charles DOURLENS (director)
All 19 events

Comparable companies

These companies have the same main activity as N&B RENEWABLE ENERGY: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €385,000 and €3.2m, founded between 2016 and 2021.

CompanyTotal assetsGross margin
N&B RENEWABLE ENERGY Oudergem€1.7m€0.003m
VINI GREEN ENERGY Knokke-Heist€0.9m-€0.1m
Xant Renewables Gent€3.2m-€0.01m
TERTRE INNOVATION SOLAIRE Tournai€0.8m-€0.2m
TOURN'EOLE Leuze-en-Hainaut€1.0m-€0.1m
OMES Sint-Pieters-Woluwe€1.3m-€0.5m
PROGECKO Watermaal-Bosvoorde€0.4m-€0.04m
Full comparison

Key facts about N&B RENEWABLE ENERGY

What is the company number of N&B RENEWABLE ENERGY?
The company number of N&B RENEWABLE ENERGY is 0700.802.828. The VAT number is the same number with BE in front: BE 0700.802.828.
Where is N&B RENEWABLE ENERGY based?
The registered office is at Herrmann-Debrouxlaan 54, 1160 Oudergem.Company details
What does N&B RENEWABLE ENERGY do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of N&B RENEWABLE ENERGY?
The legal form of N&B RENEWABLE ENERGY is Private limited company (BV).
When was N&B RENEWABLE ENERGY founded?
N&B RENEWABLE ENERGY was founded on 10-08-2018.
Is N&B RENEWABLE ENERGY still active?
Yes, N&B RENEWABLE ENERGY is an active enterprise in the KBO register.
What is the turnover of N&B RENEWABLE ENERGY?
The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €3,495 and 2,707 comparable companies of the same size. It probably lies between €9,900 and €59,000. It is a rough estimate.Financials
Is N&B RENEWABLE ENERGY profitable?
In financial year 2025, N&B RENEWABLE ENERGY made a loss of €227,854.
Where can I find the annual accounts of N&B RENEWABLE ENERGY?
N&B RENEWABLE ENERGY filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of N&B RENEWABLE ENERGY due?
N&B RENEWABLE ENERGY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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