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NAASCO

Active
Private limited company (pre-2019)founded 2009active for 17 yearsNoordstraat(Kor) 19, 8500 Kortrijk, BelgiumKBO/BCE: BE 0819.203.503
Summary

The computed 12-month bankruptcy probability of NAASCO is 4.6% (elevated). The 2025 annual accounts show negative equity (-€39,399) and a net result of -€47,964. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 13,741 sector peers (NACE 46, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-10-2009 Normal situation
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 2 others
Establishment unit
2.182.252.352 8500 Kortrijk, since 02-10-2009
Financial year end
30 June
Peppol
Reachable since 15-10-2025

Board and ownership

Board
  • Robbe IgnaasDirector

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.6%
Annual accounts to 30-06-2025
Gross margin
-€24,868
▼ 428%
Loss
€47,964
▲ 96.9%
Equity
-€39,399
Total assets
€50,255
▼ 33.7%
  • Negative equity on 30-06-2025
  • 2025 accounts filed 167 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLast filed accounts filed 168 days late; 1 of the last 3 accounts lateLoss of €47,964, the second in a row (financial year 2025)Negative equity -€39,399lowers riskSize: total assets €50,255Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 6% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0-36
equity -78.4% of total assets
Liquidity 9-39
short-term debt 114.7% · cash 7.2%
Profitability 0=
return on assets -95.4%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.6%▲ +0.4 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 1.0%▲ +0.4 percentage points vs 01-2026 03-2026: 1.1%▲ +0.1 percentage points vs 02-2026 04-2026: 1.6%▲ +0.5 percentage points vs 03-2026 05-2026: 1.7%▲ +0.1 percentage points vs 04-2026 06-2026: 2.3%▲ +0.6 percentage points vs 05-2026 07-2026: 3.9%▲ +1.6 percentage points vs 06-2026 08-2026: 4.8%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 4.6%▼ -0.2 percentage points vs 08-2026 10-2026: 4.6%● unchanged vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.62 in 2024), below 1. Short-term debt is 114.7% and cash 7.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 6% of them on solvency, 11% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 168 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €47,964, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €50,255
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€39,399
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€39,399
raises risk · 2025 accounts filed 167 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-07-2026, 167 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
167 days late
2024
32 days early
2023
42 days early
2022
40 days early
2021
42 days early
2020
6 days early
2019
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€39,399 View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €5,660 · 13,747 companies -€47,964 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€47,964 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as NAASCO: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €36,600 and €64,800, founded between 2007 and 2012.

CompanyTotal assetsGross margin
NAASCO Kortrijk€50,255-€24,868
ANGELO SAGLIME Juprelle€43,217-€13,110
Triple V Business Management Oudsbergen€42,398-€4,088
Do Something Different Edegem€53,126-€11,178
CAR-PRICES Mons€45,074-€64,513
A-C PROJECTS Bocholt€64,768-€18,045
MMAB Anderlecht€36,610-€21,289
Full comparison

Key facts about NAASCO

What is the company number of NAASCO?
The company number of NAASCO is 0819.203.503. The VAT number is the same number with BE in front: BE 0819.203.503.
Where is NAASCO based?
The registered office is at Noordstraat(Kor) 19, 8500 Kortrijk.Company details
What does NAASCO do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of NAASCO?
The legal form of NAASCO is Private limited company (pre-2019) (BVBA).
When was NAASCO founded?
NAASCO was founded on 01-10-2009.
Is NAASCO still active?
Yes, NAASCO is an active enterprise in the KBO register.
What is the turnover of NAASCO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is NAASCO profitable?
In financial year 2025, NAASCO made a loss of €47,964.
Where can I find the annual accounts of NAASCO?
NAASCO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NAASCO due?
NAASCO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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