NAM&SON
ActiveSummary
NAM&SON has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €887,158 and a net result of €177,195. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-13
Solvency67▼-10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.91 in 2024; short-term debt: 58% and cash: 16.4% of total assets), and 58% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
42%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
26 d late
2024
on the day
2023
61 d late
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#6 company by total assets in Tervuren, Wholesale and retail trade sector#8 company by equity in Tervuren, Wholesale and retail trade sector
Equity
€887,158▲ 25.0%
2024 · €709,963
Total assets
€2.1m▲ 55.5%
2024 · €1.4m
Net result
€177,195▼ 15.1%
2024 · €208,718
Working capital
€416,414▼ 29.6%
2024 · €591,633
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€15,627-€122,296▲ 683%€274,074▲ 124%€421,619▲ 53.8%
Net result€51,135above the sector's middle half-€50,110above the sector's middle half▼ 2.0%€208,718above the sector's middle half▲ 317%€177,195above the sector's middle half▼ 15.1%
Equity€451,135above the sector's middle half-€501,245above the sector's middle half▲ 11.1%€709,963above the sector's middle half▲ 41.6%€887,158above the sector's middle half▲ 25.0%
Total assets€848,913above the sector's middle half-€1.3mabove the sector's middle half▲ 55.7%€1.4mabove the sector's middle half▲ 2.8%€2.1mabove the sector's middle half▲ 55.5%
Debt€397,779-€820,779▲ 106%€649,102▼ 20.9%€1.2m▲ 88.9%
Working capital€399,087above the sector's middle half-€376,693above the sector's middle half▼ 5.6%€591,633above the sector's middle half▲ 57.1%€416,414above the sector's middle half▼ 29.6%
Solvency53.1%within the sector's middle half-37.9%within the sector's middle half▼ 15.2pp52.2%within the sector's middle half▲ 14.3pp42.0%within the sector's middle half▼ 10.3pp
Current ratio2.00within the sector's middle half-1.46within the sector's middle half▼ 0.541.91within the sector's middle half▲ 0.451.34within the sector's middle half▼ 0.57
Return on assets (ROA)6.0%within the sector's middle half-3.8%within the sector's middle half▼ 2.2pp15.4%above the sector's middle half▲ 11.6pp8.4%within the sector's middle half▼ 7.0pp
Staff (FTE)0.30.5▲ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€470,744 ▲ 298%
Current assets
€1.6m ▲ 32.4%
Equity and liabilities €2.1m
Equity
€887,158 ▲ 25.0%
Debt
€1.2m ▲ 88.9%
Debt's share of the balance-sheet total rises from 47.8% to 58.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€455,888▲
2024 · €302,410
Cash flow
€211,464▼
2024 · €237,055
Debt to equity
1.38▲
2024 · 0.91
ROE
20.0%▼
2024 · 29.4%
Interest coverage
1.29▼
2024 · 1.86
Debt ≤ 1 year
€1.2m▲
2024 · €649,102
Income taxes
€87,491▼
2024 · €102,575
Staff costs
€7,969▲
2024 · €4,208
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,295 | - |
| Remuneration, social security and pensions62 | - | - | €4,208 | €7,969 | ▲ 89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,129 | €17,801 | €28,336 | €34,269 | ▲ 20.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €68 | - |
| Other operating charges640/8 | €377 | €1,959 | €516 | €1,488 | ▲ 188% |
| Gross operating margin9900 | €22,133 | €142,056 | €307,134 | €465,412 | ▲ 51.5% |
| Operating profit (loss)9901 | €15,627 | €122,296 | €274,074 | €421,619 | ▲ 53.8% |
| Financial income75/76B | €137,628 | €89,938 | €199,441 | €197,018 | ▼ 1.2% |
| Recurring financial income75 | €137,628 | €89,938 | €199,441 | €197,018 | ▼ 1.2% |
| Financial charges65/66B | €77,227 | €133,903 | €162,222 | €353,951 | ▲ 118% |
| Recurring financial charges65 | €77,227 | €133,903 | €162,222 | €353,951 | ▲ 118% |
| Profit (loss) for the period before taxes9903 | €76,028 | €78,331 | €311,293 | €264,686 | ▼ 15.0% |
| Income taxes67/77 | €24,893 | €28,221 | €102,575 | €87,491 | ▼ 14.7% |
| Profit (loss) for the period9904 | €51,135 | €50,110 | €208,718 | €177,195 | ▼ 15.1% |
| Profit (loss) for the period to be appropriated9905 | €51,135 | €50,110 | €208,718 | €177,195 | ▼ 15.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €848,913 | €1.3m | €1.4m | €2.1m | ▲ 55.5% |
| Fixed assets21/28 | €52,048 | €124,552 | €118,330 | €470,744 | ▲ 298% |
| Tangible fixed assets22/27 | €52,048 | €124,552 | €118,330 | €470,744 | ▲ 298% |
| Land and buildings22 | - | €41,793 | €51,878 | €409,113 | ▲ 689% |
| Plant, machinery and equipment23 | €5,246 | €6,085 | €7,749 | €6,849 | ▼ 11.6% |
| Furniture and vehicles24 | €39,641 | €62,863 | €47,981 | €44,061 | ▼ 8.2% |
| Other tangible fixed assets26 | €7,161 | €13,811 | €10,721 | €10,721 | = |
| Current assets29/58 | €796,866 | €1.2m | €1.2m | €1.6m | ▲ 32.4% |
| Amounts receivable within one year40/41 | €417,561 | €907,287 | €992,890 | €1.3m | ▲ 30.6% |
| Trade receivables40 | €415,016 | €898,101 | €984,221 | €1.3m | ▲ 29.4% |
| Other amounts receivable41 | €2,545 | €9,186 | €8,669 | €22,371 | ▲ 158% |
| Cash at bank and in hand54/58 | €375,947 | €287,152 | €244,802 | €346,524 | ▲ 41.6% |
| Deferred charges and accrued income490/1 | €3,358 | €3,032 | €3,044 | €26 | ▼ 99.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €848,913 | €1.3m | €1.4m | €2.1m | ▲ 55.5% |
| Equity10/15 | €451,135 | €501,245 | €709,963 | €887,158 | ▲ 25.0% |
| Contributions10/11 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Reserves13 | €51,135 | €101,245 | €309,963 | €487,158 | ▲ 57.2% |
| Distributable reserves133 | €51,135 | €101,245 | €309,963 | €487,158 | ▲ 57.2% |
| Amounts payable17/49 | €397,779 | €820,779 | €649,102 | €1.2m | ▲ 88.9% |
| Amounts payable within one year42/48 | €397,779 | €820,779 | €649,102 | €1.2m | ▲ 88.9% |
| Trade debts44 | €372,885 | €792,558 | €544,586 | €1.1m | ▲ 106% |
| Suppliers440/4 | €372,885 | €792,558 | €544,586 | €1.1m | ▲ 106% |
| Taxes, remuneration and social security45 | €24,893 | €28,221 | €104,516 | €104,812 | ▲ 0.3% |
| Taxes450/3 | €24,893 | €28,221 | €102,575 | €104,812 | ▲ 2.2% |
| Remuneration and social security454/9 | - | - | €1,942 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,135 | €50,110 | €208,718 | €177,195 | ▼ 15.1% |
| + Depreciation and write-downs630 | €6,129 | €17,801 | €28,336 | €34,269 | ▲ 20.9% |
| Operating cash flow (approximation) | €57,264 | €67,911 | €237,055 | €211,464 | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | -€90,305 | -€22,114 | -€386,683 | ▼ 1,649% |
| Change in cash | - | -€88,795 | -€42,350 | €101,722 | ▲ 340% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €208,718 ▲317%
Net result €208,718, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €50,110 ▼2%
Net result drops to €50,110, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500,000Eq €501,245 ▲11.1%
2 profitable years in a row build equity to €501,245.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Tervuren · 1 establishment unit since 2022
Ground area
1,018 m²
Building footprint
190 m²
Volume, LiDAR
1,397 m³
Parcel 24104B0005/00S007, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NAM&SON
since 20222.329.287.526
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104B0005/00S007 | Flanders | 1,018 m² | 1 · 190 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Similar companies · same sector, comparable size
E.J. IMPEX
BE 0469.010.638
Kalmthout · Eq €889,125
HOLZ GILLES & Partner
BE 0747.836.544
Büllingen · Eq €884,217
Houthandel Deville - Claeys
BE 0463.492.526
Gent · Eq €883,289
Eigelshoven & Co
BE 0406.268.959
Eupen · Eq €897,217
Kevok Houthandel
BE 0466.547.828
Genk · Eq €873,565
Of 855 companies in sector 46832 we hold annual accounts for 590. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46832Wholesale of timber
47551Retail sale of household furniture
46471Wholesale trade
Contact
E-mail
info@namson.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0783685170
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.