Financials
- Fiscal year
- 2024
- Total assets
- €539,197
- Loss
- -€2,275
- Solvency
- -10.3%
Total assets▼ 3.0%
Net result
20192024
NAFELU
ActiveSummary
The computed 12-month bankruptcy probability of NAFELU is 3.2% (moderate). The 2024 annual accounts show negative equity (-€55,767) and a net result of -€2,275. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 19372 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€539,197total assets 2024
- Equity
- -€55,767
- Loss
- -€2,275
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 49- Figures for FY 2024 (filed 16-06-2025)- Liquidity: current ratio 0.00, cash €327, halved- 1 financial year not filed after the legal deadline; 2 of the last 3 late+ Size: total assets €539,197Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 24% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
15=
equity -10.3% of total assets
Liquidity
10-2
short-term debt 73.8% · cash 0.1%
Profitability
41-4
return on assets -0.4%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 1.6%
12-2025: 1.6%● 0.0% vs 11-2025
01-2026: 1.6%● 0.0% vs 12-2025
02-2026: 1.6%● 0.0% vs 01-2026
03-2026: 1.6%● 0.0% vs 02-2026
04-2026: 1.6%▼ -2.2% vs 03-2026
05-2026: 1.6%▼ -1.0% vs 04-2026
06-2026: 1.5%▼ -4.5% vs 05-2026
07-2026: 1.4%▼ -6.1% vs 06-2026lowest value
08-2026: 1.9%▲ +36.6% vs 07-2026
09-2026: 2.2%▲ +14.8% vs 08-2026
10-2026: 3.2%▲ +45.3% vs 09-2026highest value
- Figures for FY 2024 (filed 16-06-2025) raises the probability
- Liquidity: current ratio 0.00, cash €327, halved raises the probability
- 1 financial year not filed after the legal deadline; 2 of the last 3 late raises the probability
- Size: total assets €539,197 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.0 against 0.01 in 2023; short-term debt: 73.8% and cash: 0.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 13%, liquidity 11%, profitability 36%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€55,767
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 12-06-2025, 49 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
43 d late
2022
49 d late
2021
61 d late
2020
58 d late
2019
55 d late
← 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 36 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2020
- 12-06-2025Annual accounts filed
- 12-09-2024Annual accounts filed
- 18-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 13-12-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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