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N.T.O.

Active
Private limited companyfounded 2004active for 22 yearsRue du Progrès 14, 4821 Dison, BelgiumKBO/BCE: BE 0864.083.918
Summary

The computed 12-month bankruptcy probability of N.T.O. is 1.7% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of -€398,143. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 67% of 6,068 sector peers (NACE 46, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of other machinery and equipment
NACE 46649
7th largest company by equity in Dison, Wholesale and retail trade sector1 site
Size
€2.0mtotal assets 2024
Staff
5.1 FTE
Equity
€1.2m
Loss
-€398,143
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Accounts 78 days overdue2 of 8 deeds read
Why 54raises riskFigures for financial year 2024 (filed 21-07-2025)Loss of €398,143 (financial year 2024)lowers riskFounded in 2004Equity €1.2m (56.8% of total assets)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 82-10
equity 56.8% of total assets
Liquidity 39-14
short-term debt 42.8% · cash 7.3%
Profitability 0-29
return on assets -19.5%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.5 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €60,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.8, compared with 2.47 in 2023, above the usual 1.5; short-term debt: 42.8% and cash: 7.3% of total assets), and 43.2% 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 46, micro): better than 63% on solvency, 36% on liquidity, 6% on profitability and 16% on growth.

The bankruptcy probability was computed on 17-10-2026 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.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 21-07-2025)
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €398,143 (financial year 2024)
NBB · annual accounts
lowers risk · Equity €1.2m (56.8% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
10 days early
2023
21 days early
2022
14 days early
2021
2 days early
2020
8 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Yuqin CHEN (administrateur provisoire)Court decision
  2. Annual accounts filedfinancial year 2024 · full…
  3. Weakest financial yearnet -€398,143

Key points

  • Caution: From profit to loss in 2024after €1,402 in 2023 -€398,143 View
  • Caution: Among the weakest 8% on net resultsector median €93,918 · 6,079 companies -€398,143 View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • New directorlatest change 30-01-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2024
Total assets
€2.0m
Loss
-€398,143
Solvency
56.8%
Total assets▼ 12.0%
Net result
20182024
Go to Financials

Timeline

Events
23
Since
2006
  1. 15-07-2024Resignation: MC FINANCE (manager)
  2. 10-07-2024Annual accounts filed
  3. 17-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other machinery and equipmentNACE 46649
Founded
16-03-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Annual meeting
30 May at 18:00
Purpose
“L'achat, la vente, l'importation et l'exportation, le courtage de matières premières ou de…” (deed in French)
Go to Articles of association

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