Debts
€123,275 86% of the balance sheet
Financial debts 8%Suppliers 0%Taxes and wages 32%Other 59%
Of this, €115,367 falls due within a year.
N-Connection Group
Lifetime
4 annual accounts with figures on one time axispeak €17,675 (2023)
-€643▼ €15,484
lowest -€6,734 (2025)
-€6,734▼ €12,103
peak €26,955 (2024)
€20,220▼ 25.0%
€123,275▼ 6.5%
Board1 name since 2022
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €14,840 to -€643Loss of €6,734Equity from €26,955 to €20,220
Key points
from the 2025 annual accountsFilings
4 annual accounts 2 late
The 2022 accounts came latest: 91 days after the end of the period.
Starting capital
€20,000 100 shares
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,271 companies had the same profile as N-Connection Group has now. Each dot stands for 4 companies, two years later.
93.5%
were still trading
2.0%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,271 companies, not a prediction for N-Connection Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0782802074
Incorporation
Founding capital of €20,000, 100 shares · Founder: · Appointment: (director) · published on 04-03-2022 · Gazette deed
First establishment
Naamsesteenweg 380, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| N-Connection Group Oud-Heverlee | €143,495 | -€643 | 14.1% | - |
| Vonk Kontich | €130,886 | -€58,758 | -40.3% | - |
| Otovo BE Brussels | €91,257 | -€4,602 | -718.4% | 0 |
| Insito Bever | €160,292 | -€36,268 | 19.4% | - |
| XIJI Sint-Niklaas | €89,456 | -€2,548 | -18.3% | - |
| Conshen Turnhout | €156,112 | -€9,613 | 13.6% | - |
| LESA Management & Consulting Mons | €78,096 | -€44,243 | -49.0% | - |
These companies have the same main activity as N-Connection Group: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €78,100 and €160,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 02-03-2022Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 2 others
- Establishment unit
- 2.328.611.1973001 Leuven, since 02-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2022
Annual accounts 2025
- €143,495▼ 9.6%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on N-Connection Group
N-Connection Group files the micro format. That format states no turnover. The gross margin fell from €5,084 in 2022 to -€643 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about N-Connection Group
- What is the company number of N-Connection Group?
- The company number of N-Connection Group is 0782.802.074. The VAT number is the same number with BE in front: BE 0782.802.074.
- Where is N-Connection Group based?
- The registered office is at Winkelweg 4, 3050 Oud-Heverlee.Company details
- What does N-Connection Group do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of N-Connection Group?
- N-Connection Group is a private limited company (BV).
- When was N-Connection Group founded?
- N-Connection Group was founded on 02-03-2022.
- Is N-Connection Group still active?
- Yes, N-Connection Group is an active enterprise in the KBO register.
- What is the turnover of N-Connection Group?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is N-Connection Group profitable?
- In financial year 2025, N-Connection Group made a loss of €6,734.
- Where can I find the annual accounts of N-Connection Group?
- N-Connection Group filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of N-Connection Group due?
- N-Connection Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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