NAPA THINGS
ActiveSummary
NAPA THINGS has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€20,333) and a net result of -€660. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 5% of 1920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-16
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.34 in 2024; short-term debt: 192.4% and cash: 8.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-92.4%
Return on assets
-3%
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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€20,333
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 10 filingsDeviation from the deadline
2025
32 d late
2024
113 d late
2023
125 d late
2022
153 d late
2021
153 d late
2020
42 d late
2019
105 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 103 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
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 4 December (4 of the last 5 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€20,333▼ 3.4%
2024 · -€19,673
Total assets
€22,009▼ 22.9%
2024 · €28,537
Net result
-€660▲ 43.9%
2024 · -€1,176
Working capital
-€31,064▲ 2.5%
2024 · -€31,853
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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-€2,522▲ 68.2%€1,051€735▼ 30.0%-€1,039-€396▲ 61.9%
Net result-€2,619below the sector's middle half▲ 67.3%€938within the sector's middle half€619within the sector's middle half▼ 34.0%-€1,176below the sector's middle half-€660below the sector's middle half▲ 43.9%
Equity-€20,054below the sector's middle half▼ 15.0%-€19,116below the sector's middle half▲ 4.7%-€18,497below the sector's middle half▲ 3.2%-€19,673below the sector's middle half▼ 6.4%-€20,333below the sector's middle half▼ 3.4%
Total assets€15,901below the sector's middle half▲ 31.4%€30,830below the sector's middle half▲ 93.9%€33,637below the sector's middle half▲ 9.1%€28,537below the sector's middle half▼ 15.2%€22,009below the sector's middle half▼ 22.9%
Debt€35,955▲ 21.7%€49,947▲ 38.9%€52,134▲ 4.4%€48,210▼ 7.5%€42,343▼ 12.2%
Working capital-€29,290below the sector's middle half▼ 11.5%-€30,737below the sector's middle half▼ 4.9%-€33,798below the sector's middle half▼ 10.0%-€31,853below the sector's middle half▲ 5.8%-€31,064below the sector's middle half▲ 2.5%
Solvency-126.1%below the sector's middle half▲ 18.0pp-62.0%below the sector's middle half▲ 64.1pp-55.0%below the sector's middle half▲ 7.0pp-68.9%below the sector's middle half▼ 13.9pp-92.4%below the sector's middle half▼ 23.4pp
Current ratio0.19below the sector's middle half▲ 0.080.38below the sector's middle half▲ 0.200.35below the sector's middle half▼ 0.030.34below the sector's middle half▼ 0.010.27below the sector's middle half▼ 0.07
Return on assets (ROA)-16.5%below the sector's middle half▲ 49.7pp3.0%within the sector's middle half▲ 19.5pp1.8%within the sector's middle half▼ 1.2pp-4.1%below the sector's middle half▼ 6.0pp-3.0%below the sector's middle half▲ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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 stays negative: a loss of €396 in 2025 against €1,039 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,009
Fixed assets
€10,731 ▼ 11.9%
Current assets
€11,278 ▼ 31.0%
Key figures and ratios
EBITDA
€1,053▼
2024 · €2,081
Cash flow
€789▼
2024 · €1,944
Quick ratio
0.06▼
2024 · 0.15
Debt to equity
-2.08▲
2024 · -2.45
Interest coverage
3.99▼
2024 · 15.19
Debt ≤ 1 year
€42,343▼
2024 · €48,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
2.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 2,795 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €684 | €1,636 | €2,182 | €3,120 | €1,449 | ▼ 53.5% |
| Other operating charges640/8 | €643 | €607 | €282 | €1,071 | €707 | ▼ 34.0% |
| Gross operating margin9900 | -€1,195 | €3,294 | €3,199 | €3,152 | €1,760 | ▼ 44.1% |
| Operating profit (loss)9901 | -€2,522 | €1,051 | €735 | -€1,039 | -€396 | ▲ 61.9% |
| Financial charges65/66B | €97 | €113 | €116 | €137 | €264 | ▲ 92.9% |
| Recurring financial charges65 | €97 | €113 | €116 | €137 | €264 | ▲ 92.9% |
| Profit (loss) for the period before taxes9903 | -€2,619 | €938 | €619 | -€1,176 | -€660 | ▲ 43.9% |
| Profit (loss) for the period9904 | -€2,619 | €938 | €619 | -€1,176 | -€660 | ▲ 43.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,619 | €938 | €619 | -€1,176 | -€660 | ▲ 43.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15,901 | €30,830 | €33,637 | €28,537 | €22,009 | ▼ 22.9% |
| Fixed assets21/28 | €9,236 | €11,621 | €15,300 | €12,180 | €10,731 | ▼ 11.9% |
| Tangible fixed assets22/27 | €9,236 | €11,621 | €15,300 | €12,180 | €10,731 | ▼ 11.9% |
| Land and buildings22 | €8,786 | €8,653 | €11,495 | €10,161 | €9,484 | ▼ 6.7% |
| Plant, machinery and equipment23 | €450 | €346 | €2,394 | €1,818 | €1,247 | ▼ 31.4% |
| Furniture and vehicles24 | - | €2,622 | €1,412 | €202 | - | - |
| Current assets29/58 | €6,665 | €19,210 | €18,336 | €16,357 | €11,278 | ▼ 31.0% |
| Stocks and contracts in progress3 | - | - | - | €8,921 | €8,921 | = |
| Stocks30/36 | - | - | - | €8,921 | €8,921 | = |
| Amounts receivable within one year40/41 | €5,790 | €2,900 | €125 | €6,615 | €142 | ▼ 97.9% |
| Trade receivables40 | €5,790 | €2,900 | - | €6,490 | €142 | ▼ 97.8% |
| Other amounts receivable41 | - | - | €125 | €125 | - | - |
| Cash at bank and in hand54/58 | €876 | €2,175 | €9,064 | €495 | €1,878 | ▲ 280% |
| Deferred charges and accrued income490/1 | - | €14,135 | €9,147 | €327 | €338 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15,901 | €30,830 | €33,637 | €28,537 | €22,009 | ▼ 22.9% |
| Equity10/15 | -€20,054 | -€19,116 | -€18,497 | -€19,673 | -€20,333 | ▼ 3.4% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | -€26,251 | -€25,314 | -€24,694 | -€25,870 | -€26,531 | ▼ 2.6% |
| Amounts payable17/49 | €35,955 | €49,947 | €52,134 | €48,210 | €42,343 | ▼ 12.2% |
| Amounts payable within one year42/48 | €35,955 | €49,947 | €52,134 | €48,210 | €42,343 | ▼ 12.2% |
| Trade debts44 | €502 | €1,047 | - | €175 | €175 | = |
| Suppliers440/4 | €502 | €1,047 | - | €175 | €175 | = |
| Advances received on contracts in progress46 | - | - | - | - | €544 | - |
| Other amounts payable47/48 | €35,454 | €48,900 | €52,134 | €48,036 | €41,624 | ▼ 13.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,619 | €938 | €619 | -€1,176 | -€660 | ▲ 43.9% |
| + Depreciation and write-downs630 | €684 | €1,636 | €2,182 | €3,120 | €1,449 | ▼ 53.5% |
| Operating cash flow (approximation) | -€1,935 | €2,574 | €2,801 | €1,944 | €789 | ▼ 59.4% |
| Investment in fixed assets (approximation) | - | -€4,020 | -€5,862 | €0 | €0 | - |
| Change in cash | - | €1,299 | €6,890 | -€8,570 | €1,384 | ▲ 116% |
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
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 125 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
Financial
Back to profitnet €938
Net result €938 after 4 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 42 days late
2020
31-12
Financial
Weakest financial yearnet -€8,008
Net result drops to -€8,008, the lowest in the series; recovery starts the following year.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
07-12
KBO administration
Strikeout withdrawal
event 30-09-2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 199 days late
SignalFinancial 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.
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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, Lochristi · 1 establishment unit since 2020
Ground area
926 m²
Building footprint
212 m²
Volume, LiDAR
1,271 m³
Parcel 44034C0587/00B007, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NAPA THINGS
since 20202.302.470.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0587/00B007 | Flanders | 926 m² | 1 · 212 m² | 10.9 m · 2 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
2023 to 2025 · 3 entries · 674 EUR awarded · 674 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 203 EUR | 203 EUR |
| 2024 | 1 | 306 EUR | 306 EUR |
| 2023 | 1 | 165 EUR | 165 EUR |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
25401Forging of metal
47120Other non-specialised retail sale
62100Computer programming
Contact
E-mail
jeanmarcdekesel@hotmail.com
Phone
093569683
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472975463
Also
9925:BE0472975463
Registered
01-07-2026
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.