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N-L

Active
Private limited companyfounded 2001active for 24 yearsRue de Dongelberg 15A, 1315 Incourt, BelgiumKBO/BCE: BE 0476.262.476
Summary

N-L has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €401,376 and a net result of €45,549. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 45% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-12-2001 Normal situation
Activity
Retail sale of women's outerwear NACE 47711and 7 others
Establishment unit
2.098.696.849 1380 Lasne, since 21-12-2001
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
  • LISON RoseDirector
  • NOTARO Charline AiméeDirector
  • NOTARO GiuseppeDirector

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€233,224
▼ 7.3%
Turnover
≈ €1.1m
estimated
Profit
€45,549
▲ 47.2%
Equity
€401,376
▲ 12.8%
Total assets
€1.3m
▼ 2.1%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 29 days after the deadline
Filed on 29-08-2026
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskSize: 0.7 FTE, total assets €1.3mFounded in 2001Figures for financial year 2025 (filed on 01-09-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 57+5
equity 31.6% of total assets
Liquidity 41=
short-term debt 36.1% · cash 5.6%
Profitability 56+8
return on assets 3.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.8 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.2%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (1.47 in 2024), above the usual 1.5. Short-term debt is 36.1% and cash 5.6% of total assets. However, 68.4% 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 47, micro). It does better than 47% of them on solvency, 39% on liquidity, 40% on profitability and 65% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 0.7 FTE, total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2001
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 · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-09-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
1 day early
2023
20 days early
2022
31 days early
2021
31 days late
2020
86 days late
2019
67 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 23 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
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

Key points

  • Positive: 5th largest company by total assets in Incourt, Wholesale and retail trade…in the Checked rankings No. 5 View
  • Positive: 8 profitable years in a rowprofit 2025: €45,549 8 years View

Comparable companies

These companies have the same main activity as N-L: retail sale of women's outerwear (NACE 47711). They are comparable in size and age: total assets between €883,000 and €2.3m, founded between 1995 and 2014.

CompanyTotal assetsGross margin
N-L Incourt€1.3m€0.2m
GUNISA Maldegem€1.1m€0.3m
FASHION LINE Herstal€2.3m€0.3m
FIRENZE FASHION Veurne€0.9m€0.1m
FRESH Antwerpen€1.2m€0.3m
ANTI-CHUTE Tournai€1.3m€0.3m
ENES Antwerpen€0.9m€0.3m
Full comparison

Key facts about N-L

What is the company number of N-L?
The company number of N-L is 0476.262.476. The VAT number is the same number with BE in front: BE 0476.262.476.
Where is N-L based?
The registered office is at Rue de Dongelberg 15A, 1315 Incourt.Company details
What does N-L do?
According to the KBO register, the main activity is retail sale of women's outerwear (NACE 47711).
What is the legal form of N-L?
The legal form of N-L is Private limited company (BV).
When was N-L founded?
N-L was founded on 06-12-2001.
Is N-L still active?
Yes, N-L is an active enterprise in the KBO register.
How many employees does N-L have?
N-L had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of N-L?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €233,224 and 51 comparable companies (NACE 477). It probably lies between €740,000 and €2.1m.
Is N-L profitable?
In financial year 2025, N-L made a profit of €45,549.
Where can I find the annual accounts of N-L?
N-L filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of N-L due?
N-L must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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