Naessens Electronics
ActiveNaessens Electronics has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €62k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 191 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency42▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.16 in 2024; short-term debt: 66.7% and cash: 41.1% of total assets), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
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
17.1%
Return on assets
49.4%
Age of the figures
12 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 191 sector peers (2025).
NBB · sector comparisonPosition among 191 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
9 d early
2024
40 d early
2023
40 d early
2022
39 d early
2021
40 d early
2020
32 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k=
2024 · €22k
2018: €40k
2019: €94k
2020: €163k
2021: €247k
2022: €76k
2023: €76k
2024: €22k
2018 → 2025
Total assets
€126k▼ 8.2%
2024 · €138k
2018: €124k
2019: €151k
2020: €211k
2021: €279k
2022: €158k
2023: €151k
2024: €138k
2018 → 2025
Net result
€62k▲ 19.9%
2024 · €52k
2018: €33k
2019: €56k
2020: €71k
2021: €84k
2022: €65k
2023: €58k
2024: €52k
2018 → 2025
Working capital
€33k▲ 79.5%
2024 · €19k
2018: €34k
2019: €91k
2020: €166k
2021: €246k
2022: €72k
2023: €73k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€76k▼ 69.4%€76k=€22k▼ 71.4%€22k=
Operating result€103k-€76k▼ 26.4%€68k▼ 10.0%€61k▼ 10.3%€79k▲ 30.1%
Net result€84k-€65k▼ 23.0%€58k▼ 10.5%€52k▼ 10.6%€62k▲ 19.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€9k▲ 186%
Current assets
€118k▼ 12.6%
Equity and liabilities €126k
Equity
€22k=
Debt
€105k▼ 9.7%
The debt ratio falls from 84.3% to 82.9%. Debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €62k
Cash flow
€63k▲
2024 · €53k
Solvency
17.1%▲
2024 · 15.7%
Current ratio
1.39▲
2024 · 1.16
Quick ratio
1.39▲
2024 · 1.16
Debt / equity
4.85▼
2024 · 5.37
ROE
288.7%▲
2024 · 240.7%
ROA
49.4%▲
2024 · 37.8%
Interest coverage
19.72▲
2024 · 15.92
Debt
€105k▼
2024 · €116k
Debt ≤ 1 year
€84k▼
2024 · €116k
Income taxes
€18k▲
2024 · €15k
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€138k€126k▼
Fixed assets21/28€3k€9k▲
Tangible fixed assets22/27€3k€9k▲
Land and buildings22€3k€2k▼
Furniture and vehicles24€0€7k▲
Current assets29/58€135k€118k▼
Amounts receivable within one year40/41€121k€65k▼
Trade receivables40€4k€7k▲
Other amounts receivable41€117k€58k▼
Cash at bank and in hand54/58€13k€52k▲
Deferred charges and accrued income490/1€913€970▲
Equity and liabilities
Total equity and liabilities10/49€138k€126k▼
Equity10/15€22k€22k=
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€0-
Profit (loss) carried forward14€0€0=
Amounts payable17/49€116k€105k▼
Amounts payable within one year42/48€116k€84k▼
Financial debts43€1k€1k▼
Credit institutions430/8€1k€1k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€6k€20k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€106k€62k▼
Accrued charges and deferred income492/3€0€21k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€998€922▼
Other operating charges640/8€517€1k▲
Gross operating margin9900€63k€81k▲
Operating profit (loss)9901€61k€79k▲
Financial income75/76B€10k€5k▼
Recurring financial income75€10k€5k▼
Non-recurring financial income76B€264€288▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€67k€81k▲
Income taxes67/77€15k€18k▲
Profit (loss) for the period9904€52k€62k▲
Profit (loss) for the period to be appropriated9905€52k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€62k▲
Transfer from equity791/2€54k€0▼
Profit to be distributed694/7€106k€62k▼
Return on contributions (dividend)694€106k€62k▼
The notes to these accounts (13 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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €84k ▲19.4%
Operating result €103k, net result €84k, both a record.
30-09
Financial
Equity above €200kEq €247k ▲51.9%
4 profitable years in a row build equity to €247k.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €163k ▲73.9%
3 profitable years in a row build equity to €163k.
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity doublescurrent ratio 3.55
Current ratio from 1.67 to 3.55; short-term debt falls from €51k to €36k.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Wortegem-Petegem · 1 establishment unit since 2018
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.
Bouvelostraat (W.) 119790 Wortegem-PetegemGround area
1,225 m²
Building footprint
184 m²
Volume, LiDAR
1,227 m³
Parcel 45055B0615/00B000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NAESSENS ELECTRONICS BVBA
since 20182.271.392.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055B0615/00B000 | Flanders | 1,225 m² | 1 · 184 m² | 10.7 m · 2 fl. |
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 262 companies in sector 27110 we hold annual accounts for 173. 73 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-01-2018
Fiscal year end30-09
Activities, NACEBEL
27110Manufacture of electrical equipment
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:LNS@telenet.be