NALCO BELGIUM
The computed 12-month bankruptcy probability of NALCO BELGIUM is 0.3% (very low). The 2025 annual accounts show equity of €4.66M and a net result of €478k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 187 sector peers (fiscal year 2025). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.66M |
| Net result | €478k |
| Staff (FTE) | 29.3 |
| Better than sector | 88% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 76.4% | 41.5% | |
| Net result | €478k | €159k | |
| Equity | €4.66M | €1.10M | |
| Staff costs | €3.23M | €760k | |
| Employees (FTE) | 29.3 | 10.0 |
Show 14 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €13.11M |
| EBITDA | €713k |
| Net profit | €478k |
| Cash flow | €543k |
| Staff costs | €3.23M |
| Income taxes | €208k |
| Dividends | - |
| Total assets | €6.09M |
| Equity | €4.66M |
| Debt | €1.44M |
| of which ≤ 1y | €1.18M |
| of which > 1y | - |
| Working capital | €4.79M |
| Employees (FTE) | 29.3 |
| 2025 | |
|---|---|
| Current ratio | 5.05 |
| Quick ratio | 5.05 |
| Working capital ratio | 78.6% |
| Solvency | 76.4% |
| Debt / equity | 0.31 |
| Long-term debt ratio | - |
| Interest coverage | 28.03 |
| Gross margin | 27.0% |
| Net margin | 3.6% |
| ROA | 7.8% |
| ROE | 10.3% |
| EBITDA margin | 5.4% |
| Days sales outstanding | 129d |
| Days payable outstanding | 10d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.09M |
| Fixed assets | 21/28 | €125k |
| Tangible fixed assets | 22/27 | €125k |
| Current assets | 29/58 | €5.97M |
| Amounts receivable within one year | 40/41 | €5.97M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.09M |
| Equity | 10/15 | €4.66M |
| Contributions / capital | 10/11 | €1.71M |
| Reserves | 13 | €1.41M |
| Accumulated profits (losses) | 14 | €1.54M |
| Amounts payable | 17/49 | €1.44M |
| Amounts payable within one year | 42/48 | €1.18M |
| Trade debts payable within one year | 44 | €263k |
| Income statement | ||
| Turnover | 70 | €13.11M |
| Operating result | 9901 | €647k |
| Financial income | 75 | €64k |
| Financial charges | 65 | €25k |
| Result before taxes | 9903 | €686k |
| Income taxes | 67/77 | €208k |
| Net result for the period | 9904 | €478k |
| Result to be appropriated | 9905 | €478k |
-
Annelies DeplanckeCommissaris (vertegenwoordiger)State Gazette act 25074257 (13-06-2025)Current13-06-2025 → present
-
Martijn JordansDirectorState Gazette act 25023857 (17-02-2025)Current17-02-2025 → present
-
Sébastien Jean-Marie T. GilligDirectorState Gazette act 24116039 (02-08-2024)Current02-08-2024 → present
-
Charline De SmetVolmachthouder (bijzondere volmachten)State Gazette act 24036637 (29-02-2024)Current29-02-2024 → present
-
Wouter De MuynckAdvocaat (dla piper uk llp)State Gazette act 24036637 (29-02-2024)Current29-02-2024 → present
-
David de BokAdvocaat (dla piper uk llp)State Gazette act 24036637 (29-02-2024)Current12-12-2023 → present
2 events
- 29-02-2024 Appointed· Advocaat (dla piper uk llp)
- 12-12-2023 Appointed· Advocaat (dla piper uk llp)
Show 8 more sitting directors
-
Evelien TouquetVolmachthouderState Gazette act 23158566 (12-12-2023)Current12-12-2023 → present
-
Fauve Vander ScheldenAdvocaat (dla piper uk llp)State Gazette act 24036637 (29-02-2024)Current12-12-2023 → present
2 events
- 29-02-2024 Appointed· Advocaat (dla piper uk llp)
- 12-12-2023 Appointed· Advocaat (dla piper uk llp)
-
Koen SelleslagsAdvocaat (dla piper uk llp)State Gazette act 24036637 (29-02-2024)Current12-12-2023 → present
2 events
- 29-02-2024 Appointed· Advocaat (dla piper uk llp)
- 12-12-2023 Appointed· Advocaat (dla piper uk llp)
-
Melike AticiAdvocaat (dla piper uk llp)State Gazette act 24036637 (29-02-2024)Current12-12-2023 → present
2 events
- 29-02-2024 Appointed· Advocaat (dla piper uk llp)
- 12-12-2023 Appointed· Advocaat (dla piper uk llp)
-
Pieter VermeulenAdvocaat (dla piper uk llp)State Gazette act 23158566 (12-12-2023)Current12-12-2023 → present
-
Robin Olivier KarpielAdvocaat (dla piper uk llp)State Gazette act 23158566 (12-12-2023)Current12-12-2023 → present
-
Benoit TournierDirectorState Gazette act 22132505 (09-11-2022)Current09-11-2022 → present
-
Wim Alfons De PaepeDirectorState Gazette act 22015631 (03-02-2022)Current03-02-2022 → present
Historic, not recently confirmed (1)
-
Edgar von UbischManagerState Gazette act 18090501 (12-06-2018)Not recently confirmedlast confirmed in an act from 2018
Former directors (15)
-
Benoît TournierDirectorState Gazette act 25023857 (17-02-2025)Former- → 17-02-2025
-
Regis Franck Patrice MassolinDirectorState Gazette act 22103914 (31-08-2022)Former31-08-2022 → 02-08-2024
2 events
- 02-08-2024 Resigned· Director
- 31-08-2022 Appointed· Director
-
Katrien Van DurmeBijzonder gevolmachtigdeState Gazette act 23001188 (03-01-2023)Former03-01-2023 → 29-02-2024
2 events
- 29-02-2024 Resigned· Hr directeur
- 03-01-2023 Appointed· Bijzonder gevolmachtigde
-
Gonzalo IntrocasoDirectorState Gazette act 21099842 (19-08-2021)Former19-08-2021 → 09-11-2022
2 events
- 09-11-2022 Resigned· Director
- 19-08-2021 Appointed· Director
-
Wim De PaepeDirectorState Gazette act 22103914 (31-08-2022)Former- → 31-08-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| PwC Bedrijfsrevisoren BV/PwC Reviseurs d'Entreprises SRLCurrent Statutory auditor |
- | 13-06-2025 → present |
Show 5 earlier auditors
| Annelies Deplancke Statutory auditor succeeded by PwC Bedrijfsrevisoren BV/PwC Reviseurs d'Entreprises SRL in 2025 |
- | 19-12-2022 → 13-06-2025 |
| BCVBA PwC Bedrijfsrevisoren Statutory auditor succeeded by PwC Bedrijfsrevisoren in 2020 |
- | 05-07-2016 → 04-08-2020 |
| Mieke Van Leeuwe Statutory auditor |
- | - → 19-12-2022 |
| PwC Bedrijfsrevisoren Statutory auditor succeeded by PwC Bedrijfsrevisoren BV in 2022 |
- | 04-08-2020 → 28-07-2022 |
| PwC Bedrijfsrevisoren BV Statutory auditor succeeded by PwC Bedrijfsrevisoren BV/PwC Reviseurs d'Entreprises SRL in 2025 |
- | 28-07-2022 → 13-06-2025 |
| NACE primary | Groothandel in chemische producten voor industrieel gebruik(46851) |
| Legal form | Private limited company(610) |
| Incorporation | 26-02-1968 |
| Status | Active |
| Postal code | 1702 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00N006 | Flanders | 1.1 ha | 1 · 1,027 m² | 18.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 36 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-06-2025 2 directors appointed
- PwC Bedrijfsrevisoren BV/PwC Reviseurs d'Entreprises SRL, Commissaris
- Annelies Deplancke, Commissaris (vertegenwoordiger)
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}17-02-2025 1 director appointed, 1 resigning
- Martijn Jordans, Bestuurder
- Benoît Tournier, Bestuurder
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}02-08-2024 1 director appointed, 1 resigning
- Sébastien Jean-Marie T. Gillig, Bestuurder
- Regis Franck Patrice Massolin, Bestuurder
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}29-02-2024 6 directors appointed, 1 resigning
- Charline De Smet, Volmachthouder (bijzondere volmachten)
- Koen Selleslags, Advocaat (dla piper uk llp)
- Fauve Vander Schelden, Advocaat (dla piper uk llp)
- Melike Atici, Advocaat (dla piper uk llp)
- David de Bok, Advocaat (dla piper uk llp)
- Wouter De Muynck, Advocaat (dla piper uk llp)
- Katrien Van Durme, Hr directeur
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}12-12-2023 7 directors appointed
- Evelien Touquet, Volmachthouder
- Koen Selleslags, Advocaat (dla piper uk llp)
- Fauve Vander Schelden, Advocaat (dla piper uk llp)
- Melike Atici, Advocaat (dla piper uk llp)
- Pieter Vermeulen, Advocaat (dla piper uk llp)
- David de Bok, Advocaat (dla piper uk llp)
- Robin Olivier Karpiel, Advocaat (dla piper uk llp)
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}03-01-2023 Katrien Van Durme appointed as bijzonder gevolmachtigde
- Katrien Van Durme, Bijzonder gevolmachtigde
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}19-12-2022 1 director appointed, 1 resigning
- Annelies Deplancke, Commissaris
- Mieke Van Leeuwe, Commissaris
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}09-11-2022 1 director appointed, 1 resigning
- Benoit Tournier, Bestuurder
- Gonzalo Introcaso, Bestuurder
Technical details
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}31-08-2022 1 director appointed, 1 resigning
- Regis Franck Patrice Massolin, Bestuurder
- Wim De Paepe, Bestuurder
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}28-07-2022 PwC Bedrijfsrevisoren BV appointed as statutory auditor
- PwC Bedrijfsrevisoren BV, Commissaris
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}03-02-2022 Wim Alfons De Paepe appointed as director
- Wim Alfons De Paepe, Bestuurder
Technical details
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}13-10-2021 David Martin resigns as director
- David Martin, Bestuurder
Technical details
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}04-10-2021 Liesbet Vyverman resigns as director
- Liesbet Vyverman, Bestuurder
Technical details
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}19-08-2021 Gonzalo Introcaso appointed as director
- Gonzalo Introcaso, Bestuurder
Technical details
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}15-06-2021 Articles of association amended
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}04-08-2020 PwC Bedrijfsrevisoren appointed as statutory auditor
- PwC Bedrijfsrevisoren, Commissaris
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}18-06-2020 1 director appointed, 1 resigning
- Liesbet Vyverman, Bestuurder
- Björn Edgar Wilhelm von Ubisch, Bestuurder
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"name": "Bj\u00F6rn Edgar Wilhelm von Ubisch",
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},
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}28-11-2019 1 director appointed, 1 resigning
- David Martin, Zaakvoerder
- Chris Nickoloff, Zaakvoerder
Technical details
{
"events": [
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}04-07-2018 Anton de Kock resigns as manager
- Anton de Kock, Zaakvoerder
Technical details
{
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}12-06-2018 Edgar von Ubisch appointed as manager
- Edgar von Ubisch, Zaakvoerder
Technical details
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}06-07-2017 Registered office moved from Berchem to Groot-Bijgaarden
- Uitbreidingstraat 84, 2600 Berchem → Noordkustlaan 16/C, 1702 Groot-Bijgaarden
Technical details
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{
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],
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"decision": {
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"co_filed_documents": [
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}05-07-2016 BCVBA PwC Bedrijfsrevisoren appointed as statutory auditor
- BCVBA PwC Bedrijfsrevisoren, Commissaris
Technical details
{
"events": [
{
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"role": "commissaris",
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}04-01-2016 1 director appointed, 1 resigning
- Anton de Kock, Zaakvoerder
- Christophe Moerman, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
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},
{
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"subject_company": {
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}09-12-2010 3 resigning
- Bernard Schyns, Zaakvoerder
- Jacques Herber, Zaakvoerder
- David Johnson, Zaakvoerder
Technical details
{
"events": [
{
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},
{
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"person": {
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},
{
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],
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"subject_company": {
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}
}05-09-2005 Fred Kerst resigns as director
- Fred Kerst, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Fred Kerst",
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}
],
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"subject_company": {
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}
}| Legal nameNL | NALCO BELGIUM |