Skip to content

NANOCYL

Active
Public limited companyfounded 2002active for 24 yearsRue de l'Essor 4, 5060 Sambreville, BelgiumKBO/BCE: BE 0476.998.785
Summary

NANOCYL has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.9m and a net result of -€317,964. Equity remains stable across the filed financial years (±0.2% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Other research and development on natural sciences
NACE 72109Research and development on biotechnology NACE 72101
#1 company by total assets in Sambreville, Professional and technical services sector2 sites
Size
€13.2mtotal assets 2026
Staff
46.7 FTE
Equity
€1.9m
Loss
-€317,964
Financial health
69 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
SKI Carbon Black ( Mauritius) Limited · 100%
Board
5 members
Holdings
2
Auditor: KPMG BELGIUMAccounts 113 days early
Why 69raises riskEquity €1.9m (14.3% of total assets)Liquidity: current ratio 1.12, cash €828,007Loss of €317,964 (financial year 2026)Size: 46.7 FTE, total assets €13.2mShow the evidence

Checked score

Score 2026
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 72, small)
Financial strength · tick = 2025
Weak
Solvency 39-7
equity 14.3% of total assets
Liquidity 36-22
short-term debt 44.2% · cash 6.3%
Profitability 40-10
return on assets -2.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (166 companies, NACE 72, small)
Last 24 months 11-2024: 0.7%highest value 12-2024: 0.7%● unchanged vs 11-2024highest value 01-2025: 0.7%● unchanged vs 12-2024highest value 02-2025: 0.7%● unchanged vs 01-2025highest value 03-2025: 0.7%● unchanged vs 02-2025highest value 04-2025: 0.7%● unchanged vs 03-2025highest value 05-2025: 0.7%● unchanged vs 04-2025highest value 06-2025: 0.7%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.6 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.12, compared with 1.85 in 2025; short-term debt: 44.2% and cash: 6.3% of total assets), and 85.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 72, small): better than 21% on solvency, 23% on liquidity, 43% on profitability and 22% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
+raises risk○neutral
raises risk · Equity €1.9m (14.3% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.12, cash €828,007
NBB · annual accounts
raises risk · Loss of €317,964 (financial year 2026)
NBB · annual accounts
raises risk · Size: 46.7 FTE, total assets €13.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-07-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
113 days early
2025
134 days early
2024
62 days early
2022
48 days early
2021
80 days early
2020
39 days early
2019
72 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 78 days before the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 10 July (3 of the last 3 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Resignations: Joseph Gaynor (director) and Dimitri…Power of attorney
  3. Appointment: John Davidson (director)Gazette deed

Key points

  • Caution: From profit to loss in 2026after €20,796 in 2025 -€317,964 View
  • Positive: Company by total assets in Sambreville, Professional and…in the Checked rankings #1 View
  • Board changedlatest change 21-05-2026 · 5 in office 1 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Known shareholderslargest: SKI Carbon Black… 100% 100% View
  • EU research moneyEU contribution €6.6m View

By topic

Financials

Financial year
2026
Total assets
€13.2m
Loss
-€317,964
Solvency
14.3%
Total assets▲ 21.9%
Net result
20182026
Go to Financials

Board & ownership

Board
5 members
Largest shareholder
SKI Carbon Black (… · 100%
Known shareholders
100%
Auditor
KPMG BELGIUM
  • John LoudermilkDirector
  • Laurent KosbachManaging director
  • Surendra GoyalDirector
  • John DavidsonDirector
  • SFPIDirector
Go to Board & ownership

Timeline

Events
71
Since
2004
Next accounts
by 31-10-2027
  1. 09-07-2025Appointment: KPMG Réviseurs d'Entreprises BV/SRL (commissaire réviseur)
  2. 19-06-2025Annual accounts filed
  3. 31-03-2025Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other research and development on natural sciencesNACE 72109
Founded
04-03-2002
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
La recherche, le développement, l'acquisition de droits de propriété intellectuelle, en…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.