NAAF
ActiveThe computed 12-month bankruptcy probability of NAAF is 3.3% (moderate). The 2025 annual accounts show equity of €125k and a net result of €209k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 23% of 4486 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-7
Solvency40▼-1
Growth85=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.17 in 2024; short-term debt: 85.5% and cash: 23.5% of total assets), and 85.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.5%
Return on assets
24.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4486 sector peers (2025).
NBB · sector comparisonPosition among 4486 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 d early
2024
22 d late
2023
7 d late
2022
24 d late
2021
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€2.70M▲ 5.7%
2024 · €2.55M
2021: €598k
2022: €1.18M
2023: €1.97M
2024: €2.55M
2021 → 2025
EBIT margin
10.4%▼ 4.6pp
2024 · 15.0%
2021: 18.1%
2022: 4.3%
2023: 12.4%
2024: 15.0%
2021 → 2025
Net result
€209k▼ 28.1%
2024 · €291k
2021: €83k
2022: €36k
2023: €188k
2024: €291k
2021 → 2025
Working capital
€119k▲ 3.7%
2024 · €115k
2021: €76k
2022: €135k
2023: €119k
2024: €115k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€598k-€1.18M▲ 96.9%€1.97M▲ 66.9%€2.55M▲ 29.7%€2.70M▲ 5.7%
Equity€98k-€133k▲ 36.5%€134k▲ 0.9%€125k▼ 7.0%€125k=
Operating result€108k-€51k▼ 53.3%€244k▲ 382%€382k▲ 56.9%€281k▼ 26.4%
Net result€83k-€36k▼ 56.9%€188k▲ 428%€291k▲ 54.8%€209k▼ 28.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €861k
Fixed assets
€6k▼ 40.7%
Current assets
€855k▲ 7.7%
Equity and liabilities €861k
Equity
€125k=
Debt
€736k▲ 8.4%
The debt ratio rises from 84.5% to 85.5%. Debt is higher.
Key figures and ratios
EBITDA
€287k▼
2024 · €389k
Cash flow
€215k▼
2024 · €297k
Solvency
14.5%▼
2024 · 15.5%
Current ratio
1.16▼
2024 · 1.17
Quick ratio
1.16▼
2024 · 1.17
Debt / equity
5.89▲
2024 · 5.44
ROE
167.3%▼
2024 · 232.6%
ROA
24.3%▼
2024 · 36.1%
Interest coverage
196.56▼
2024 · 705.74
Debt
€736k▲
2024 · €679k
Debt ≤ 1 year
€736k▲
2024 · €679k
Income taxes
€71k▼
2024 · €91k
Staff costs
€1.28M▲
2024 · €860k
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€804k€861k▲
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€10k€6k▼
Financial fixed assets28€150€150=
Current assets29/58€794k€855k▲
Amounts receivable within one year40/41€573k€633k▲
Trade receivables40€515k€511k▼
Other amounts receivable41€58k€123k▲
Cash at bank and in hand54/58€196k€202k▲
Deferred charges and accrued income490/1€25k€20k▼
Equity and liabilities
Total equity and liabilities10/49€804k€861k▲
Equity10/15€125k€125k=
Contributions10/11€15k€15k=
Profit (loss) carried forward14€110k€110k=
Amounts payable17/49€679k€736k▲
Amounts payable within one year42/48€679k€736k▲
Trade debts44€200k€267k▲
Suppliers440/4€200k€267k▲
Taxes, remuneration and social security45€173k€252k▲
Taxes450/3€102k€108k▲
Remuneration and social security454/9€71k€144k▲
Other amounts payable47/48€306k€217k▼
Income statement
Code20242025
Turnover70€2.55M€2.70M▲
Goods, raw materials, services and sundry goods60/61€1.30M€1.13M▼
Remuneration, social security and pensions62€860k€1.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€4k-
Other operating charges640/8€705€426▼
Gross operating margin9900€1.25M€1.56M▲
Operating profit (loss)9901€382k€281k▼
Financial charges65/66B€551€1k▲
Recurring financial charges65€551€1k▲
Profit (loss) for the period before taxes9903€382k€280k▼
Income taxes67/77€91k€71k▼
Profit (loss) for the period9904€291k€209k▼
Profit (loss) for the period to be appropriated9905€291k€209k▼
Appropriation of the result
Profit (loss) to be appropriated9906€410k€319k▼
Profit (loss) brought forward from the previous period14P€119k€110k▼
Profit to be distributed694/7€300k€209k▼
Return on contributions (dividend)694€300k€209k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2021net €291k ▲54.8%
Operating result €382k, net result €291k, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €36k ▼56.9%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €133k ▲36.5%
2 profitable years in a row build equity to €133k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2021
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.
Albert Giraudlaan 601030 SchaarbeekGround area
2,165 m²
Building footprint
142 m²
Volume, LiDAR
174 m³
Parcel 21015A0073/00W004, Brussels · tallest building 7.9 m. Linked by address, not a title deed.
1 establishment unit
Naaf
since 20212.315.950.917
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0073/00W004 | Brussels | 2,165 m² | 1 · 142 m² | 7.9 m |
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.
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Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,093 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:naaf@naaf.be
Phone:+32475757004