nanoGrid
ActiveSummary
nanoGrid has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360,124 and a net result of €144,946. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+14
Solvency28▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 1.04 in 2024; short-term debt: 23.7% and cash: 0.8% of total assets), and 97.3% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
2.7%
Return on assets
1.1%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8765 sector peers (2025).
NBB · sector comparisonPosition among 8765 sector peers
Solvency
better than 10%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
50 d early
2023
48 d early
2022
53 d early
2021
24 d early
2020
31 d late
2019
31 d late
← 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 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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 Is the workforce growing, and do people stay?Employer check 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
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, abbreviated schema
In the rankings
#7 employer in Aalst, Professional and technical services sector#10 company by total assets in Aalst, Professional and technical services sector
Equity
€360,124▲ 67.4%
2024 · €215,177
Total assets
€13.2m▲ 12.7%
2024 · €11.8m
Net result
€144,946
2024 · -€386,105
Working capital
-€668,495
2024 · €104,087
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result-€422,439-€613,302▼ 45.2%€69,206€25,329▼ 63.4%€646,368▲ 2,452%
Net result-€699,757below the sector's middle half-€877,658below the sector's middle half▼ 25.4%-€213,123below the sector's middle half▲ 75.7%-€386,105below the sector's middle half▼ 81.2%€144,946above the sector's middle half
Equity€1.7mabove the sector's middle half▲ 332%€814,406within the sector's middle half▼ 51.9%€601,283within the sector's middle half▼ 26.2%€215,177within the sector's middle half▼ 64.2%€360,124within the sector's middle half▲ 67.4%
Total assets€6.5mabove the sector's middle half▲ 14.5%€7.2mabove the sector's middle half▲ 9.5%€9.2mabove the sector's middle half▲ 28.8%€11.8mabove the sector's middle half▲ 27.3%€13.2mabove the sector's middle half▲ 12.7%
Debt€4.9m▼ 8.8%€6.4m▲ 30.8%€8.6m▲ 35.8%€11.5m▲ 33.7%€12.9m▲ 11.7%
Working capital€296,263within the sector's middle half-€404,871below the sector's middle half-€300,664below the sector's middle half▲ 25.7%€104,087within the sector's middle half-€668,495below the sector's middle half
Solvency25.8%within the sector's middle half▲ 19.0pp11.4%below the sector's middle half▼ 14.5pp6.5%below the sector's middle half▼ 4.8pp1.8%below the sector's middle half▼ 4.7pp2.7%below the sector's middle half▲ 0.9pp
Current ratio1.23within the sector's middle half▲ 0.660.76within the sector's middle half▼ 0.470.86within the sector's middle half▲ 0.101.04within the sector's middle half▲ 0.180.79within the sector's middle half▼ 0.25
Return on assets (ROA)-10.7%below the sector's middle half▼ 11.3pp-12.2%below the sector's middle half▼ 1.6pp-2.3%below the sector's middle half▲ 9.9pp-3.3%below the sector's middle half▼ 1.0pp1.1%within the sector's middle half▲ 4.4pp
Staff (FTE)19.8above the sector's middle half▼ 9.6%20.5above the sector's middle half▲ 3.5%22.5above the sector's middle half▲ 9.8%23.7above the sector's middle half▲ 5.3%23.5above the sector's middle half▼ 0.8%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,452% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.2m
Fixed assets
€10.8m ▲ 19.0%
Current assets
€2.5m ▼ 8.5%
Equity and liabilities €13.2m
Equity
€360,124 ▲ 67.4%
Debt
€12.9m ▲ 11.7%
Debt's share of the balance-sheet total falls from 98.2% to 97.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.0m▲
2024 · €1.9m
Cash flow
€2.5m▲
2024 · €1.4m
Debt to equity
35.78▼
2024 · 53.63
ROE
40.2%▲
2024 · -179.4%
Interest coverage
5.16▲
2024 · 4.17
Debt ≤ 1 year
€3.1m▲
2024 · €2.6m
Debt > 1 year
€5.2m▲
2024 · €5.1m
Income taxes
-€74,121▼
2024 · -€32,334
Staff costs
€2.1m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.0%
went bankrupt
2.1%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 1,448 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,014 | €161,051 | €501,531 | €868,855 | ▲ 73.2% |
| Remuneration, social security and pensions62 | €1.2m | €1.4m | €1.7m | €1.9m | €2.1m | ▲ 8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €744,292 | €886,566 | €1.3m | €1.8m | €2.3m | ▲ 28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €13,740 | - | -€3,630 | €9,547 | €0 | ▼ 100% |
| Other operating charges640/8 | €22,086 | €38,015 | €10,656 | €10,390 | €13,046 | ▲ 25.6% |
| Non-recurring operating charges66A | - | - | - | €2,731 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.5m | €1.7m | €3.2m | €3.8m | €5.1m | ▲ 34.0% |
| Operating profit (loss)9901 | -€422,439 | -€613,302 | €69,206 | €25,329 | €646,368 | ▲ 2,452% |
| Financial income75/76B | €4,299 | €3,395 | €2,118 | €662 | €4,762 | ▲ 620% |
| Recurring financial income75 | €4,299 | €3,395 | €2,118 | €662 | €4,762 | ▲ 620% |
| Financial charges65/66B | €309,225 | €296,311 | €346,888 | €444,430 | €580,305 | ▲ 30.6% |
| Recurring financial charges65 | €309,225 | €296,311 | €346,888 | €444,430 | €580,305 | ▲ 30.6% |
| Profit (loss) for the period before taxes9903 | -€727,365 | -€906,218 | -€275,564 | -€418,439 | €70,825 | ▲ 117% |
| Income taxes67/77 | -€27,608 | -€28,559 | -€62,440 | -€32,334 | -€74,121 | ▼ 129% |
| Profit (loss) for the period9904 | -€699,757 | -€877,658 | -€213,123 | -€386,105 | €144,946 | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | -€699,757 | -€877,658 | -€213,123 | -€386,105 | €144,946 | ▲ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €7.2m | €9.2m | €11.8m | €13.2m | ▲ 12.7% |
| Fixed assets21/28 | €5.0m | €5.9m | €7.3m | €9.1m | €10.8m | ▲ 19.0% |
| Intangible fixed assets21 | €3.6m | €4.0m | €4.3m | €4.8m | €5.7m | ▲ 20.9% |
| Tangible fixed assets22/27 | €1.4m | €1.9m | €3.0m | €4.3m | €5.0m | ▲ 16.9% |
| Plant, machinery and equipment23 | €32,912 | €29,140 | €29,720 | €36,607 | €48,917 | ▲ 33.6% |
| Furniture and vehicles24 | €74,384 | €37,317 | €18,805 | €7,528 | €12,087 | ▲ 60.6% |
| Leasing and similar rights25 | - | €953,717 | €2.3m | €3.5m | €3.8m | ▲ 8.6% |
| Other tangible fixed assets26 | €1.3m | €882,763 | €616,378 | €711,979 | €1.1m | ▲ 56.7% |
| Current assets29/58 | €1.6m | €1.3m | €1.9m | €2.7m | €2.5m | ▼ 8.5% |
| Amounts receivable within one year40/41 | €572,085 | €725,957 | €1.2m | €2.0m | €1.7m | ▼ 12.1% |
| Trade receivables40 | €337,475 | €614,019 | €1.1m | €1.5m | €1.2m | ▼ 15.9% |
| Other amounts receivable41 | €234,610 | €111,938 | €130,860 | €494,250 | €489,289 | ▼ 1.0% |
| Cash at bank and in hand54/58 | €555,093 | €31,695 | €86,252 | €140,113 | €103,098 | ▼ 26.4% |
| Deferred charges and accrued income490/1 | €444,299 | €515,515 | €580,742 | €601,657 | €647,156 | ▲ 7.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €7.2m | €9.2m | €11.8m | €13.2m | ▲ 12.7% |
| Equity10/15 | €1.7m | €814,406 | €601,283 | €215,177 | €360,124 | ▲ 67.4% |
| Contributions10/11 | €2.6m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Profit (loss) carried forward14 | -€927,898 | -€1.8m | -€2.0m | -€2.4m | -€2.3m | ▲ 6.0% |
| Amounts payable17/49 | €4.9m | €6.4m | €8.6m | €11.5m | €12.9m | ▲ 11.7% |
| Amounts payable after more than one year17 | €3.1m | €3.5m | €3.9m | €5.1m | €5.2m | ▲ 0.9% |
| Financial debts170/4 | €3.1m | €3.5m | €3.9m | €5.1m | €5.2m | ▲ 0.9% |
| Amounts payable within one year42/48 | €1.3m | €1.7m | €2.2m | €2.6m | €3.1m | ▲ 20.9% |
| Current portion of amounts payable after more than one year42 | €379,950 | €542,025 | €1.0m | €1.4m | €1.6m | ▲ 14.6% |
| Financial debts43 | €312,955 | €219,639 | €296,557 | €266,360 | €441,900 | ▲ 65.9% |
| Credit institutions430/8 | €150,000 | €150,000 | €296,557 | €266,360 | €441,900 | ▲ 65.9% |
| Other loans439 | €162,955 | €69,639 | - | - | - | - |
| Trade debts44 | €275,577 | €469,494 | €340,318 | €490,476 | €463,178 | ▼ 5.6% |
| Suppliers440/4 | €275,577 | €469,494 | €340,318 | €490,476 | €463,178 | ▼ 5.6% |
| Taxes, remuneration and social security45 | €211,107 | €359,167 | €456,589 | €344,173 | €434,384 | ▲ 26.2% |
| Taxes450/3 | €2,032 | €212,603 | €157,008 | €107,777 | €121,343 | ▲ 12.6% |
| Remuneration and social security454/9 | €209,075 | €146,564 | €299,581 | €236,396 | €313,041 | ▲ 32.4% |
| Other amounts payable47/48 | €95,625 | €87,712 | €87,354 | €103,029 | €204,736 | ▲ 98.7% |
| Accrued charges and deferred income492/3 | €485,784 | €1.2m | €2.5m | €3.8m | €4.6m | ▲ 20.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€699,757 | -€877,658 | -€213,123 | -€386,105 | €144,946 | ▲ 138% |
| + Depreciation and write-downs630 | €744,292 | €886,566 | €1.3m | €1.8m | €2.3m | ▲ 28.4% |
| Operating cash flow (approximation) | €44,535 | €8,908 | €1.1m | €1.4m | €2.5m | ▲ 72.8% |
| Investment in fixed assets (approximation) | - | -€1.8m | -€2.8m | -€3.5m | -€4.1m | ▼ 14.8% |
| Change in cash | - | -€523,398 | €54,557 | €53,861 | -€37,015 | ▼ 169% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €144,946
Net result €144,946 after 4 loss-making years.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€877,658
Net result drops to -€877,658, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.57 to 1.23; short-term debt falls from €2.3m to €1.3m.
31-12
Financial
Equity above €1mEq €1.7m ▲332%
Equity rises from €391,821 to €1.7m.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €200,000Eq €358,782 ▲360%
2 profitable years in a row build equity to €358,782.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 92 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Aalst · 1 establishment unit since 2012
Ground area
1,485 m²
Building footprint
473 m²
Volume, LiDAR
5,143 m³
Parcel 41342B0950/00H002, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
nanoGrid
since 20122.210.844.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0950/00H002 | Flanders | 1,485 m² | 1 · 473 m² | 14.0 m · 4 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.
Structure & network
Owners and holdings
2 ownersOwners 2
-
25%
-
15.05%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 15,448 EUR awarded · 15,262 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 7,614 EUR |
| 2024 | 1 | 7,500 EUR | 7,200 EUR |
| 2022 | 1 | 448 EUR | 448 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 37,077 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
Founded11-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
33120Repair and maintenance of machinery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847312618
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.