N&N WORKS
ActiveSummary
The computed 12-month bankruptcy probability of N&N WORKS is 12.2% (high). The 2024 annual accounts show equity of €23,559 and a net result of -€6,917. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 61% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-07-2013 Normal situation
- Activity
- General electrical installation work NACE 43211and 3 others
- Establishment unit
- 2.221.053.144 3300 Tienen, since 09-07-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 12.2%
- Turnover
- €67,428
- Loss
- €6,917
- Equity
- €23,559
- ▼ 22.7%
- Total assets
- €41,570
- ▼ 19.7%
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 309 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 14-06-2026)Liquidity: current ratio 2.04, cash €15, halvedShow the evidence
Checked score
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
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 62% of them on solvency, 18% on liquidity, 4% on profitability and 17% 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
The company filed its last 6 accounts on average 82 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 (1)
Key points
- Caution: Lower net result than 85% of companies in specialised constructionsector median €9,466 · 35,938 companies -€6,917 View
Recent changes
- · Gazette deed Registered office moved from Boutersem to Tienen
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as N&N WORKS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €35,900 and €43,400, founded between 2011 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| N&N WORKS Tienen | €41,570 | -€3,228 |
| Pasa Electronics Diest | €35,852 | -€26,904 |
| RETIS LUMINARIA Sint-Agatha-Berchem | €43,184 | -€11,659 |
| VAN DE VEN ELECTROTECHNICS Moerbeke (Waas) | €43,434 | -€22,818 |
| A-Score Evere | €40,715 | -€3,046 |
| HANDWORX Hasselt | €42,805 | -€15,647 |
| e-lektro Denderleeuw | €40,084 | -€4,292 |
Key facts about N&N WORKS
- What is the company number of N&N WORKS?
- The company number of N&N WORKS is 0536.570.940. The VAT number is the same number with BE in front: BE 0536.570.940.
- Where is N&N WORKS based?
- The registered office is at Houtemstraat 250, 3300 Tienen.Company details
- What does N&N WORKS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of N&N WORKS?
- The legal form of N&N WORKS is Private limited company (pre-2019) (BVBA).
- When was N&N WORKS founded?
- N&N WORKS was founded on 09-07-2013.
- Is N&N WORKS still active?
- Yes, N&N WORKS is an active enterprise in the KBO register.
- What is the turnover of N&N WORKS?
- The turnover of N&N WORKS was €67,428 in financial year 2024, according to the filed annual accounts.Financials
- Is N&N WORKS profitable?
- In financial year 2024, N&N WORKS made a loss of €6,917.
- Where can I find the annual accounts of N&N WORKS?
- N&N WORKS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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