Na-Tec
ActiveSummary
Na-Tec has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,679 and a net result of €8,567. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 73% of 1,679 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €128,679
- Profit
- €8,567
- Nachtergaele LievenDirector
Why 89raises riskFigures for financial year 2025 (filed 03-11-2025)lowers riskLiquidity: current ratio 2.19, cash €71,324Founded in 2009Equity €128,679 (66.8% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 33, micro): better than 74% on solvency, 84% on liquidity, 42% on profitability and 46% on growth.
The bankruptcy probability was computed on 23-10-2026 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
This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: Nachtergaele Lieven (director)Amendment of the articles ·…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 8% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,000 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,446 | €7,505 | €7,602 | €7,009 | €8,217 | €8,686 | €10,682 | ▲ 23.0% |
| Other operating charges640/8 | - | - | - | €1,601 | €1,935 | €3,134 | €2,856 | ▼ 8.9% |
| Gross operating margin9900 | €72,831 | €26,127 | €43,588 | €31,958 | €33,044 | €28,458 | €31,569 | ▲ 10.9% |
| Operating profit (loss)9901 | €65,377 | €13,505 | €34,040 | €23,348 | €22,892 | €16,638 | €18,031 | ▲ 8.4% |
| Financial income75/76B | - | - | - | €157 | €2 | €0 | €39 | ▲ 392,800% |
| Recurring financial income75 | €196 | €24 | €13 | €157 | €2 | €0 | €39 | ▲ 392,800% |
| Financial charges65/66B | - | - | - | €856 | €1,286 | €1,868 | €3,320 | ▲ 77.8% |
| Recurring financial charges65 | €141 | €1,430 | €403 | €856 | €1,286 | €1,868 | €3,320 | ▲ 77.8% |
| Profit (loss) for the period before taxes9903 | €65,432 | €12,099 | €33,650 | €22,649 | €21,608 | €14,771 | €14,750 | ▼ 0.1% |
| Income taxes67/77 | €23,927 | €4,534 | €10,047 | €8,135 | €8,827 | €7,193 | €6,183 | ▼ 14.0% |
| Profit (loss) for the period9904 | €41,505 | €7,565 | €23,603 | €14,514 | €12,781 | €7,577 | €8,567 | ▲ 13.1% |
| Profit (loss) for the period to be appropriated9905 | €41,505 | €7,565 | €23,603 | €14,514 | €12,781 | €7,577 | €8,567 | ▲ 13.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €90,068 | €98,169 | €111,622 | €131,457 | €149,926 | €165,617 | €192,776 | ▲ 16.4% |
| Fixed assets21/28 | €12,714 | €46,037 | €43,283 | €43,790 | €42,972 | €52,426 | €82,629 | ▲ 57.6% |
| Tangible fixed assets22/27 | €9,325 | €17,648 | €15,438 | €16,257 | €16,689 | €27,393 | €58,846 | ▲ 115% |
| Plant, machinery and equipment23 | - | - | - | €6,544 | €8,219 | €9,099 | €17,881 | ▲ 96.5% |
| Furniture and vehicles24 | - | - | - | €9,713 | €8,470 | €18,295 | €40,965 | ▲ 124% |
| Financial fixed assets28 | €3,389 | €28,389 | €27,845 | €27,532 | €26,282 | €25,032 | €23,782 | ▼ 5.0% |
| Current assets29/58 | €77,353 | €52,133 | €68,339 | €87,667 | €106,954 | €113,192 | €110,147 | ▼ 2.7% |
| Amounts receivable within one year40/41 | €46,699 | €3,099 | €1,561 | €28,583 | €11,525 | €26,884 | €34,991 | ▲ 30.2% |
| Trade receivables40 | - | - | - | €24,217 | €10,017 | €26,848 | €26,380 | ▼ 1.7% |
| Other amounts receivable41 | - | - | - | €4,366 | €1,508 | €36 | €8,611 | ▲ 23,792% |
| Cash at bank and in hand54/58 | €28,465 | €46,982 | €31,136 | €56,618 | €92,949 | €81,616 | €71,324 | ▼ 12.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,466 | €2,481 | €4,692 | €3,832 | ▼ 18.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €90,068 | €98,169 | €111,622 | €131,457 | €149,926 | €165,617 | €192,776 | ▲ 16.4% |
| Equity10/15 | €59,828 | €71,300 | €94,902 | €99,754 | €112,534 | €120,112 | €128,679 | ▲ 7.1% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €41,228 | €2,160 | €2,160 | €30,614 | €43,395 | €50,972 | €59,539 | ▲ 16.8% |
| Non-distributable reserves130/1 | - | - | - | €2,160 | €2,160 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,160 | €2,160 | €0 | - | - |
| Distributable reserves133 | - | - | - | €28,454 | €41,235 | €50,972 | €59,539 | ▲ 16.8% |
| Profit (loss) carried forward14 | -€2,432 | €50,540 | €74,142 | €50,540 | €50,540 | €50,540 | €50,540 | = |
| Amounts payable17/49 | €30,239 | €26,870 | €16,720 | €31,703 | €37,392 | €45,506 | €64,097 | ▲ 40.9% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €8,800 | - |
| Financial debts170/4 | - | - | - | - | - | - | €8,800 | - |
| Amounts payable within one year42/48 | €30,239 | €26,870 | €16,720 | €31,212 | €35,935 | €42,613 | €50,182 | ▲ 17.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €10,196 | - |
| Financial debts43 | - | - | - | €69 | €20 | €14 | €176 | ▲ 1,154% |
| Credit institutions430/8 | - | - | - | €69 | €20 | €14 | €176 | ▲ 1,154% |
| Trade debts44 | €5,991 | €2,229 | €1,784 | €5,773 | €2,362 | €8,625 | €9,807 | ▲ 13.7% |
| Suppliers440/4 | - | - | - | €5,773 | €2,362 | €8,625 | €9,807 | ▲ 13.7% |
| Taxes, remuneration and social security45 | - | - | - | €6,140 | €9,422 | €8,008 | €183 | ▼ 97.7% |
| Taxes450/3 | - | - | - | €6,135 | €9,422 | €8,008 | €183 | ▼ 97.7% |
| Remuneration and social security454/9 | - | - | - | €5 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €19,230 | €24,131 | €25,967 | €29,819 | ▲ 14.8% |
| Accrued charges and deferred income492/3 | - | - | - | €491 | €1,457 | €2,893 | €5,114 | ▲ 76.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,505 | €7,565 | €23,603 | €14,514 | €12,781 | €7,577 | €8,567 | ▲ 13.1% |
| + Depreciation and write-downs630 | €5,446 | €7,505 | €7,602 | €7,009 | €8,217 | €8,686 | €10,682 | ▲ 23.0% |
| Operating cash flow (approximation) | €46,951 | €15,069 | €31,205 | €21,523 | €20,998 | €16,263 | €19,249 | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | -€40,827 | -€4,848 | -€7,516 | -€7,399 | -€18,140 | -€40,885 | ▼ 125% |
| Change in cash | - | €18,518 | -€15,846 | €25,482 | €36,331 | -€11,332 | -€10,292 | ▲ 9.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 31-10-2025 | 2025-00559278 |
| 31-03-2024 | micro format | 03-12-2024 | 2024-00609822 |
| 31-03-2023 | micro format | 28-11-2023 | 2023-00521740 |
| 31-03-2022 | micro format | 03-11-2022 | 2022-20486185 |
| 31-03-2021 | abbreviated format | 30-10-2021 | 2021-76200454 |
| 31-03-2020 | micro format | 27-11-2020 | 2020-72700475 |
| 31-03-2019 | micro format | 30-09-2019 | 2019-67400271 |
| 31-03-2018 | micro format | 30-09-2019 | 2019-67400268 |
| 31-03-2017 | micro format | 30-09-2017 | 2017-65600455 |
| 31-03-2016 | abbreviated format | 15-11-2016 | 2016-67900345 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €1,154 awarded · €1,154 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €812 | €812 |
| 2024 | 1 | €94 | €94 |
| 2023 | 1 | €248 | €248 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Nachtergaele Lieven |
|
Owners and capital
Capital and shareholders
- 19-12-2023 Converted to unavailable equity · €20,760
- 19-12-2023 Converted to available equity · €20,760
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-12
Gazette deed
Appointment: Nachtergaele Lieven (director)Amendment of the articles · Capital conversion · Registered office clause9 facts ▸
- General meeting, 11-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar eigen vermogen” (deed in Dutch)
- Other provision, “Geen uitkering eigen vermogen, artikel 5:142 en 5:143 WVV” (deed in Dutch)
- Director appointment, Nachtergaele Lieven (director (not named in the articles))
- Registered office clause, “Waregem, Stationsstraat 122” (deed in Dutch)
- Power of attorney
- Power of attorney, Ronny Van Eeckhout
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34040C0298/02R000 | Flanders | 397 m² | 1 · 217 m² | 13.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het onderhoud en depannage van verwarmingsketels,apparaten voor sanitair en alle instanties en leidingen voor verwarming,ventilatie,koeling…” (deed in Dutch)
70 activities (deed in Dutch)
- Het onderhoud en depannage van verwarmingsketels,apparaten voor sanitair en alle instanties en leidingen voor verwarming,ventilatie,koeling en klimaatregeling.
- De installatie in gebouwen en andere bouwwerken van:apparatuur(inclusief regelapparatuur)en leidingen voor verwarming,ventilatie,koeling en klimaatregeling.
- De installatie in gebouwen en andere bouwwerken van:waterleidingen,artikelen en apparaten voor sanitair gebruik,sprinklerinstallaties,gasaansluiting,leidingen voor diverse gassen,overige loodgieterswerk.
- Plaatsen van sanitaire toestellen.
- De installatie herstellingen in gebouwen en ander bouwwerken van:allerhande machines en leidingen
- Schoorsteenvegen en het schoonmaken van vuurplaatsen,kachels,ketels,ventilatiekanalen,en uitlaatsystemen.
- Onderneming voor de installatie van elektrische bedrading en toebehoren;onderneming voor de installatie van elektrische verwarmingsinstallaties.
- Aan- en verkoop,installaties,beheer en verhuur van fotovoltaïsche modules en alle aanverwante materialen die nodig zijn voor het realiseren van en fotovoltaïsche installatie,zowel aan particulieren,ondernemingen of andere instellingen.
- De vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw.
- De vervaardiging en de montage van metalen constructiewerken voor industriële uitrusting(bijvoorbeeld voor hoogovens,hijs- en werktuigen,en dies meer).
- De vervaardiging van geprefabriceerde gebouwen,hoofdzakelijk van metaal:bouwketen,modulaire tentoonstellingselementen,telefooncellen en dies meer.
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden.
- Herstelling van landbouwmachines.
- Vervaardiging van carrosserieën en aanhangwagens.
- De inrichting en de aanpassing van motorvoertuigen(bussen,tankwagens,koelwagens en dies meer).
- Bouw en reparatie van plezier- en sportvaartuigen.
- De aanleg van leidingen voor het vervoer en de distributie van elektrische energie.
- De aanleg van havens(inclusief jachthavens)en dokken.
- Onderneming voor het bouwen van schoorstenen en industriële ovens.
- Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken.
- Onderneming voor het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden.
- Onderneming voor het optrekken en afbreken van steigers en werkplatvorms.
- Onderneming voor de installatie van liften en roltrappen.
- Aan- en verkoop,installatie,beheer en verhuur van alle duurzame energiebronnen.
- Advies en onderzoek met betrekking tot fotovoltaïsche installaties.
- Het coördineren van werken,uitgevoerd door onderaannemers met betrekking tot de installatie van verwarming,ventilatie,koeling,klimaatregeling,fotovoltaïsche installaties en andere milieutechnologieën met inbegrip van alle bijhorende werken nodig voor een goede uitvoering.
- Aan- en verkoop,installatie,beheer en verhuur van systemen van waterverwarming door middel van zonne-energie.
- Het aanbrengen in gebouwen en andere bouwwerken van thermisch installatiemateriaal en isolatiemateriaal tegen geluid en trillingen.
- De installatie van bewakingssystemen en alarminstallaties tegen diefstal.
- Groot- en kleinhandel in sanitair:baden,wasbakken,toiletten,badkamermeubels,…
- Het plaatsen van sanitair:baden,wasbakken,toiletten,badkamermeubels,…
- Het plaatsen van dakgoten en regenafvoerbuizen.
- Plaatsen van dakbedekking en waterdicht maken van daken.
- Het aanbrengen in gebouwen en andere bouwwerken van vloer of wandtegels van keramische stoffen,beton,of gebouwen steen,vloerbedekking en wandbekleding van terrazzo,marmer,graniet of lei.
- Het aanbrengen in gebouwen en andere bouwwerken van:parket en andere houten,vloerbedekking,tapijten vloerbedekking van linoleum,rubber of kunststof.
- Technische studiën en ingenieursactiviteiten,studiebureau voor energieprojecten.
- Advisering van particulieren,bedrijven en overheid over duurzame energiebronnen.
- De algemene coördinatie van werkzaamheden op de bouwwerf.
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken.
- Projectontwikkeling voor de bouw van appartementsgebouwen en kantoorbouw.
- De handel in eigen onroerend goed:flatgebouwen,woningen,niet voor bewoning bestemde gebouwen,grond.
- De verhuur van al dan niet gemeubelde appartementen en huizen.
- De verhuur van niet-residentiële gebouwen zoals kantoorgebouwen,handelspanden,tentoonstellingsruimten,…
- De verhuur van garageboxen en staanplaatsen voor motorvoertuigen.
- De verhuur van roerende goederen.
- De groot- en kleinhandel in een verscheidenheid van goederen zonder specialisatie.
- Aankoop- en verkoop,import en export en onderhoud van boten.
- Schijnwerk van hout of van kunststof.
- Metaalschrijnwerk.
- De montage van buiten- en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,en dies meer.
- De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds en dies meer,in metaal.
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken en dies meer in metaal.
- Plaatsen van vloerbekleding in hout,metaal of andere materialen.
- Het schilderen van metalen constructies.
- Overige werkzaamheden in verband met de afwerking van gebouwen.
- Handelsbemiddeling in motorvoertuigen.
- Detailhandel in motorvoertuigen.
- Handel in aanhangwagens,opleggers en caravans en dergelijke.
- Onderhoud en reparatie van auto’s.
- Het gewone onderhoud van auto’s:wassen,anti-roestbehandeling,olie verversen,vervangen of herstellen van binnen- en buitenbanden,vervangen van ruiten en dies meer.
- Groothandel in onderdelen en accessoires van auto’s.
- Kleinhandel in onderdelen en accessoires van auto’s.
- Groothandel in onderdelen en accessoires van motorrijwielen.
- Kleinhandel in onderdelen en accessoires van motorrijwielen.
- Kleinhandel in smeer- en koelmiddelen voor auto’s.
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken in metaal.
- Overige groothandel.
- Het toezien op de bouwwerkzaamheden(ruwbouw,installatie,afwerking en dies meer).
- Het nemen van deelnemingen in ondernemingen met een gelijkaardig voorwerp,in België of het buitenland,reeds bestaand of nog op te richten.
- Het uitoefenen van mandaten in dergelijke ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Na - Tec
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan mag exploitatiezetels,administratieve zetels,filialen,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 23 - Vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de vennootschap…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Al dan niet college, tenzij anders in benoemingsbesluit” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of September at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle handelingen nodig of dienstig voor vereffening conform artikel 2:87 en volgende WVV, tenzij akte van benoeming of rechterlijke…” (deed in Dutch)1 more provision on this in the deed