Equity
€20,935
NAHER has made a profit without a break since 2019.
NAHER
Lifetime
19 annual accounts with figures on one time axispeak €80,628 (2025)
€80,628▲ 71.2%
lowest -€25,456 (2010)
€53,380▲ 68.9%
peak €20,935 (2025)
€20,935▲ €41,380
€62,392▲ 2.6%
peak 0.4 FTE (2011)
-not published
Board1 name since 2005
1 directorZahangir MD Hossain
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €47,099 to €80,628Result from €31,607 to €53,380Equity from -€20,445 to €20,935Cash from €4,258 to €2,360
Key points
from the 2025 annual accountsTurnover
≈ €640,000 estimated
The micro format states no turnover.
Debts
€62,392 75% of the balance sheet
Suppliers 43%Taxes and wages 38%Other 19%
Liquidity
1.22 was 0.53 in 2024
Short-term debts rose from €60,563 to €62,392.
Filings
19 annual accounts since 2007
Ten of the last ten came late. The 2019 accounts came latest: 63 days after the end of the period.
Position in the sector
€53,380
Higher net result than 89% of companies in retail trade. Sector median €5,048 · 22,907 companies.
Checked score
84
Excellent
Financially stronger than 61% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025
09-2025: 0.7%▼ -0.5 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -0.8 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Liquidity: current ratio 1.22, cash €2,360
Size: total assets €83,328
lowers risk
Founded in 2005
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 47, micro). It does better than 41% of them on solvency, 13% on liquidity, 96% on profitability and 96% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as NAHER has now. Each dot stands for 10 companies, two years later.
95.0%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NAHER itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for NAHER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (0.53 in 2024), below the usual 1.5. Short-term debt is 74.9% and cash 2.8% of total assets. 74.9% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
25 days late
2023
30 days late
2022
31 days late
2021
4 days late
2020
26 days late
2019
63 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 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0877216629
First establishment
Vital Decosterstraat 50, Leuven
Incorporation
published on 22-11-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NAHER Leuven | €83,328 | €80,628 | 25.1% | - |
| LOGRE Sint-Gillis (bij-Brussel) | €92,311 | €83,209 | -3.4% | - |
| HILLTEX Ixelles | €97,208 | €52,787 | 56.7% | - |
| Vanille et Chocolat Antoing | €88,729 | €133,020 | 37.3% | 2.8 |
| CREAQ Merelbeke-Melle | €115,288 | €102,622 | 80.3% | - |
| VDV SOLUTIONS Kalmthout | €127,954 | €59,491 | 47.2% | - |
| DE TERRE EN VIGNE Mons | €152,814 | €101,481 | 47.0% | 1.5 |
These companies have the same main activity as NAHER: retail sale of beverages, general range (NACE 47252). They are comparable in size and age: total assets between €88,700 and €153,000, founded between 2003 and 2009.
Official details
Source: KBO- Status
- Active since 27-10-2005Normal situation
- Activity
- Retail sale of beverages, general rangeNACE 47252
- Establishment unit
- 2.166.984.9483000 Leuven, since 13-12-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 17-02-2025
Insights on NAHER
NAHER files the micro format. That format states no turnover. The gross margin rose from €1,157 in 2007 to €80,628 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NAHER
- What is the company number of NAHER?
- The company number of NAHER is 0877.216.629. The VAT number is the same number with BE in front: BE 0877.216.629.
- Where is NAHER based?
- The registered office is at Vital Decosterstraat 50, 3000 Leuven.Company details
- What does NAHER do?
- According to the KBO register, the main activity is retail sale of beverages, general range (NACE 47252).
- What is the legal form of NAHER?
- NAHER is a private limited company (pre-2019) (BVBA).
- When was NAHER founded?
- NAHER was founded on 27-10-2005.
- Is NAHER still active?
- Yes, NAHER is an active enterprise in the KBO register.
- How many employees does NAHER have?
- NAHER had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of NAHER?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €80,628 and 45 comparable companies (NACE 472). It probably lies between €360,000 and €860,000.
- Is NAHER profitable?
- In financial year 2025, NAHER made a profit of €53,380.
- Where can I find the annual accounts of NAHER?
- NAHER filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NAHER due?
- NAHER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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