NANO S
ActiveSummary
The annual accounts of NANO S for fiscal year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €11.84M and a net result of €-1.39M. Equity is growing by ~158.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 9194 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-7
Solvency52▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.04 against 0.45 in 2024; short-term debt: 15.4% and cash: 0.1% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
26.9%
Return on assets
-3.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
14 d early
2023
42 d early
2022
on the day
2021
13 d early
2020
34 d early
2019
43 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€11.84M▲ 342%
2024 · €2.68M
2019: €50k
2020: €60k
2021: €47k
2022: €3.18M
2023: €2.63M
2024: €2.68M
2019 → 2025
Total assets
€44.02M▲ 300%
2024 · €11.01M
2019: €110k
2020: €123k
2021: €67k
2022: €5.37M
2023: €9.29M
2024: €11.01M
2019 → 2025
Net result
€-1.39M
2024 · €44k
2019: €7k
2020: €10k
2021: €-12k
2022: €3.98M
2023: €-549k
2024: €44k
2019 → 2025
Working capital
€-6.52M▼ 77.3%
2024 · €-3.68M
2019: €-38k
2020: €-5k
2021: €7k
2022: €4.24M
2023: €-2.47M
2024: €-3.68M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€3.18M▲ 6,627%€2.63M▼ 17.3%€2.68M▲ 1.7%€11.84M▲ 342%
Operating result€-13k-€5.31M€-493k€362k€-417k
Net result€-12k-€3.98M€-549k€44k€-1.39M
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €417k after €362k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.02M
Fixed assets
€43.78M ▲ 448%
Current assets
€241k ▼ 92.1%
Equity and liabilities €44.02M
Equity
€11.84M ▲ 342%
Provisions
€850k ▼ 1.0%
Debt
€31.33M ▲ 319%
Debt's share of the balance-sheet total rises from 67.9% to 71.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.01M▲
2024 · €664k
Cash flow
€34k▼
2024 · €346k
Current ratio
0.04▼
2024 · 0.45
Debt to equity
2.65▼
2024 · 2.79
ROE
-11.7%▼
2024 · 1.6%
ROA
-3.2%▼
2024 · 0.4%
Interest coverage
0.99▼
2024 · 1.29
Debt ≤ 1 year
€6.76M▲
2024 · €6.71M
Debt > 1 year
€24.56M▲
2024 · €736k
Income taxes
€0▼
2024 · €30k
Staff costs
€55k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.01M€44.02M▲
Fixed assets21/28€7.98M€43.78M▲
Intangible fixed assets21-€149k
Tangible fixed assets22/27€7.56M€42.80M▲
Land and buildings22€7.45M€41.75M▲
Furniture and vehicles24€107k€84k▼
Assets under construction and advance payments27-€961k
Financial fixed assets28€423k€835k▲
Current assets29/58€3.03M€241k▼
Amounts receivable within one year40/41€3.01M€184k▼
Trade receivables40€0-
Other amounts receivable41€3.01M€184k▼
Cash at bank and in hand54/58€9k€52k▲
Deferred charges and accrued income490/1€15k€4k▼
Equity and liabilities
Total equity and liabilities10/49€11.01M€44.02M▲
Equity10/15€2.68M€11.84M▲
Contributions10/11€20k€21k▲
Revaluation surpluses12-€6.27M
Reserves13€2.58M€6.83M▲
Tax-exempt reserves132€2.58M€2.55M▼
Distributable reserves133€2k€4.28M▲
Profit (loss) carried forward14€80k€-1.28M▼
Provisions and deferred taxes16€859k€850k▼
Deferred taxes168€859k€850k▼
Amounts payable17/49€7.48M€31.33M▲
Amounts payable after more than one year17€736k€24.56M▲
Financial debts170/4€736k€24.56M▲
Amounts payable within one year42/48€6.71M€6.76M▲
Current portion of amounts payable after more than one year42€6.21M€5.30M▼
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€11k€34k▲
Suppliers440/4€11k€34k▲
Taxes, remuneration and social security45€30k€32k▲
Taxes450/3€30k€30k=
Remuneration and social security454/9-€2k
Other amounts payable47/48€436k€1.39M▲
Accrued charges and deferred income492/3€37k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€566k€771k▲
Remuneration, social security and pensions62-€55k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302k€1.42M▲
Other operating charges640/8€42k€103k▲
Non-recurring operating charges66A-€243k
Gross operating margin9900€706k€1.41M▲
Operating profit (loss)9901€362k€-417k▼
Financial income75/76B€53k€35k▼
Recurring financial income75€53k€35k▼
Financial charges65/66B€516k€1.02M▲
Recurring financial charges65€516k€1.02M▲
Profit (loss) for the period before taxes9903€-101k€-1.40M▼
Transfer from deferred taxes780€175k€9k▼
Income taxes67/77€30k€0▼
Profit (loss) for the period9904€44k€-1.39M▼
Transfer from tax-exempt reserves789€525k€26k▼
Profit (loss) for the period to be appropriated9905€569k€-1.36M▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€-1.28M▼
Profit (loss) brought forward from the previous period14P€-489k€80k▲
Social balance
Average headcount (FTE)90870.00.3▲
The notes to these accounts (35 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-1.39M ▼3279%
Net result drops to €-1.39M, the lowest in the series.
31-12
Financial
Equity above €10MEq €11.84M ▲342%
Equity rises from €2.68M to €11.84M.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3.98M
Net result €3.98M after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.73
Current ratio from 1.57 to 4.73.
31-12
Financial
Equity above €2MEq €3.18M ▲6627%
Equity rises from €47k to €3.18M.
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Huldenberg · 1 establishment unit since 1985
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.
Nieuwelaan(SAR) 43040 HuldenbergGround area
968 m²
Building footprint
165 m²
Volume, LiDAR
675 m³
Parcel 24099A0629/00C002, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NANO S
since 19852.026.465.206
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24099A0629/00C002 | Flanders | 968 m² | 1 · 165 m² | 6.0 m · 1 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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J. DE JAEGHER
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 1,073 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-1985
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.