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N.S. Système

Active
Private limited companyfounded 2023active for 3 yearsChienrue 13, 4160 Anthisnes, BelgiumKBO/BCE: BE 0802.916.906
Summary

The computed 12-month bankruptcy probability of N.S. Système is 4.9% (elevated). The 2025 annual accounts show equity of €9,650 and a net result of €7,185. Equity is growing by about 200% per year across the filed financial years. Its solvency ranks better than 39% of 34,143 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212
1 site
Size
€26,197total assets 2025
Staff
0.8 FTE
Equity
€9,650
Profit
€7,185
Turnover not published (micro format)
Financial health
40 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Structure
Accounts filed 56 days late0 of 1 deed read
Why 40raises riskFounded in 2023Latest accounts 56 days late; 2 of the last 3 lateEx-officio strike-off in the KBOSize: total assets €26,197Show the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 62% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 62+29
equity 36.8% of total assets
Liquidity 30+24
short-term debt 63.2% · cash 10.5%
Profitability 100+26
return on assets 27.4%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,554 companies, NACE 43, micro)
Last 24 months 11-2024: 4.5%lowest value 12-2024: 5.0%▲ +0.5 percentage points vs 11-2024 01-2025: 5.4%▲ +0.4 percentage points vs 12-2024 02-2025: 9.2%▲ +3.8 percentage points vs 01-2025 03-2025: 9.2%● unchanged vs 02-2025 04-2025: 9.3%▲ +0.1 percentage points vs 03-2025 05-2025: 9.5%▲ +0.2 percentage points vs 04-2025 06-2025: 9.5%● unchanged vs 05-2025 07-2025: 9.4%▼ -0.1 percentage points vs 06-2025 08-2025: 9.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 6.7%▼ -2.9 percentage points vs 08-2025 10-2025: 6.7%● unchanged vs 09-2025 11-2025: 6.7%● unchanged vs 10-2025 12-2025: 6.7%● unchanged vs 11-2025 01-2026: 6.8%▲ +0.1 percentage points vs 12-2025 02-2026: 6.7%▼ -0.1 percentage points vs 01-2026 03-2026: 6.9%▲ +0.2 percentage points vs 02-2026 04-2026: 7.0%▲ +0.1 percentage points vs 03-2026 05-2026: 6.3%▼ -0.7 percentage points vs 04-2026 06-2026: 6.3%● unchanged vs 05-2026 07-2026: 6.3%● unchanged vs 06-2026 08-2026: 6.8%▲ +0.5 percentage points vs 07-2026 09-2026: 7.1%▲ +0.3 percentage points vs 08-2026 10-2026: 4.9%▼ -2.2 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.29, compared with 0.76 in 2024, below the usual 1.5; short-term debt: 63.2% and cash: 10.5% of total assets), and 63.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 39% on solvency, 18% on liquidity, 93% on profitability and 97% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 56 days late; 2 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Size: total assets €26,197
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 3 filings
Deviation from the deadline
2025
56 days late
2024
30 days late
2023
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 80 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Searched, nothing found (1)
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 25 September (3 of the last 3 filed years within 98 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €7,185 ▲167%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 16% on equitysector median €57,780 · 34,153 companies €9,650 View
  • Total assets 20253 financial years filed €26,197 View
  • Active since 2023founded 20-06-2023 3 years View

By topic

Financials

Financial year
2025
Total assets
€26,197
Profit
€7,185
Solvency
36.8%
Turnover▲ 29.5%
Net result
20232024
Go to Financials

Timeline

Events
6
Since
2024
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-12-2024Annual accounts filed
  3. 26-04-2024UBO non-compliance
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
20-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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