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N.S.I.

Active
Private limited companyfounded 198838 yrs activeKapittelstraat 18, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0434.638.093

N.S.I. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.58M and a net result of €801k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 3.6 against 5.58 in 2024), and 25.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.5%
Return on assets
23.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
52 d early
2023
50 d early
2022
31 d early
2021
45 d early
2020
31 d early
2019
52 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.58M=
2024 · €2.58M
2019: €2.07M 2020: €1.58M 2021: €1.88M 2022: €2.56M 2023: €2.51M 2024: €2.58M
2019 → 2025
Total assets
€3.46M▲ 11.6%
2024 · €3.10M
2019: €2.34M 2020: €2.22M 2021: €2.51M 2022: €3.00M 2023: €3.00M 2024: €3.10M
2019 → 2025
Net result
€801k▲ 19.3%
2024 · €671k
2019: €548k 2020: €548k 2021: €718k 2022: €679k 2023: €544k 2024: €671k
2019 → 2025
Working capital
€2.28M▼ 4.1%
2024 · €2.38M
2019: €1.65M 2020: €1.46M 2021: €1.57M 2022: €2.29M 2023: €2.26M 2024: €2.38M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.88M-€2.56M▲ 36.1%€2.51M▼ 2.2%€2.58M▲ 2.8%€2.58M=
Operating result€972k-€928k▼ 4.6%€738k▼ 20.4%€918k▲ 24.3%€1.09M▲ 18.7%
Net result€718k-€679k▼ 5.4%€544k▼ 19.9%€671k▲ 23.4%€801k▲ 19.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00MOperating result 2021: €972k€972kNet result 2021: €718k€718kOperating result 2022: €928k€928kNet result 2022: €679k€679kOperating result 2023: €738k€738kNet result 2023: €544k€544kOperating result 2024: €918k€918kNet result 2024: €671k€671kOperating result 2025: €1.09M€1.09MNet result 2025: €801k€801k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.46M
Fixed assets €296k▲ 50.3%
Current assets €3.16M▲ 9.0%
Equity and liabilities €3.46M
Equity €2.58M=
Debt €880k▲ 69.0%
The debt ratio rises from 16.8% to 25.5%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.16M
2024 · €985k
Cash flow
€871k
2024 · €738k
Solvency
74.5%
2024 · 83.2%
Current ratio
3.60
2024 · 5.58
Quick ratio
2.49
2024 · 3.95
Debt / equity
0.34
2024 · 0.20
ROE
31.1%
2024 · 26.0%
ROA
23.2%
2024 · 21.7%
Interest coverage
52.69
2024 · 46.75
Debt
€880k
2024 · €521k
Debt ≤ 1 year
€879k
2024 · €520k
Income taxes
€276k
2024 · €234k
Staff costs
€740k
2024 · €698k
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€3.10M€3.46M
Fixed assets21/28€197k€296k
Intangible fixed assets21€32k€99k
Tangible fixed assets22/27€158k€190k
Plant, machinery and equipment23€13k€66k
Furniture and vehicles24€27k€24k
Other tangible fixed assets26€118k€101k
Financial fixed assets28€7k€7k
Current assets29/58€2.90M€3.16M
Stocks and contracts in progress3€848k€976k
Stocks30/36€848k€976k
Amounts receivable within one year40/41€1.21M€1.20M
Trade receivables40€1.19M€1.16M
Other amounts receivable41€18k€44k
Cash at bank and in hand54/58€793k€961k
Deferred charges and accrued income490/1€48k€28k
Equity and liabilities
Total equity and liabilities10/49€3.10M€3.46M
Equity10/15€2.58M€2.58M=
Contributions10/11€19k€19k=
Reserves13€2.56M€2.56M=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2.56M€2.56M=
Amounts payable17/49€521k€880k
Amounts payable within one year42/48€520k€879k
Current portion of amounts payable after more than one year42-€13k
Trade debts44€292k€250k
Suppliers440/4€292k€250k
Advances received on contracts in progress46€91k€464k
Taxes, remuneration and social security45€137k€152k
Taxes450/3€10k€31k
Remuneration and social security454/9€127k€121k
Other amounts payable47/48€200€200=
Accrued charges and deferred income492/3€1k€1k
Income statement Code20242025
Remuneration, social security and pensions62€698k€740k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€70k
Other operating charges640/8€7k€5k
Gross operating margin9900€1.69M€1.90M
Operating profit (loss)9901€918k€1.09M
Financial income75/76B€9k€10k
Recurring financial income75€9k€10k
Financial charges65/66B€21k€22k
Recurring financial charges65€21k€22k
Profit (loss) for the period before taxes9903€905k€1.08M
Income taxes67/77€234k€276k
Profit (loss) for the period9904€671k€801k
Profit (loss) for the period to be appropriated9905€671k€801k
Appropriation of the result
Profit (loss) to be appropriated9906€671k€801k
Transfer from equity791/2€600k€800k
Transfer to equity691/2€671k€801k
To other reserves6921€671k€801k
Profit to be distributed694/7€600k€800k
Return on contributions (dividend)694€600k€800k
Social balance
Average headcount (FTE)908711.511.5=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
06-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Highest result since 2019net €801k ▲19.3%
Operating result €1.09M, net result €801k, both a record.
2024
09-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
11-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Weakest financial yearnet €544k ▼19.9%
Net result drops to €544k, the lowest in the series; recovery starts the following year.
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Equity above €2MEq €2.56M ▲36.1%
4 profitable years in a row build equity to €2.56M.
2021
16-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
09-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Bilzen-Hoeselt · 1 establishment unit since 1988
establishment The establishment unit on the map
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.

Kapittelstraat 183740 Bilzen-Hoeselt
Ground area
2,466 m²
Building footprint
1,026 m²
Volume, LiDAR
5,903 m³
Parcel 73006G0170/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NSI BVBA
Kapittelstraat 18, 3740 Bilzen-HoeseltAir transport
since 19882.039.188.834
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73006G0170/00B000 Flanders 2,466 m² 1 · 1,026 m² 8.6 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 147 companies in sector 26200 we hold annual accounts for 85. 36 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-06-1988
Fiscal year end31-03
Activities, NACEBEL
26200Manufacture of computer, electronic and optical products
30020
46180Agents specialised in the wholesale of other particular products
51180
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.