Skip to content

Napalm Inc.

Active
Private limited companyfounded 200026 yrs activeOostmalsesteenweg 55, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0471.698.825
Summary

Napalm Inc. has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €6k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+2
Solvency93▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.43 in 2024; short-term debt: 30.6% and cash: 12.4% of total assets), and 31.8% 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 riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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 2025
Solvency, return and age of the figures
Solvency
68.2%
Return on assets
6.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
52 d early
2023
43 d early
2022
42 d early
2021
38 d early
2020
45 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€59k▲ 10.6%
2024 · €53k
2019: €32k 2020: €37k 2021: €43k 2022: €47k 2023: €49k 2024: €53k
2019 → 2025
Total assets
€87k▼ 9.0%
2024 · €95k
2019: €154k 2020: €143k 2021: €143k 2022: €128k 2023: €112k 2024: €95k
2019 → 2025
Net result
€6k▲ 18.2%
2024 · €5k
2019: €6k 2020: €5k 2021: €5k 2022: €4k 2023: €2k 2024: €5k
2019 → 2025
Working capital
€-7k▲ 68.3%
2024 · €-23k
2019: €-13k 2020: €-15k 2021: €-21k 2022: €-26k 2023: €-30k 2024: €-23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€43k-€47k▲ 9.2%€49k▲ 4.5%€53k▲ 9.8%€59k▲ 10.6%
Operating result€10k-€8k▼ 15.0%€5k▼ 37.2%€9k▲ 70.8%€9k▲ 4.8%
Net result€5k-€4k▼ 26.2%€2k▼ 46.4%€5k▲ 127%€6k▲ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€3k€5k€8k€10kOperating result 2021: €10k€10kNet result 2021: €5k€5kOperating result 2022: €8k€8kNet result 2022: €4k€4kOperating result 2023: €5k€5kNet result 2023: €2k€2kOperating result 2024: €9k€9kNet result 2024: €5k€5kOperating result 2025: €9k€9kNet result 2025: €6k€6k20212022202320242025€0€2.5k€5k€7.5k€10kOperating result 2023: €5k€5.2kNet result 2023: €2k€2.1kOperating result 2024: €9k€8.9kNet result 2024: €5k€4.8kOperating result 2025: €9k€9.4kNet result 2025: €6k€5.6k202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets €67k ▼ 13.0%
Current assets €19k ▲ 8.6%
Equity and liabilities €87k
Equity €59k ▲ 10.6%
Debt €27k ▼ 34.1%
Debt's share of the balance-sheet total falls from 43.8% to 31.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20k
2024 · €23k
Cash flow
€16k
2024 · €19k
Current ratio
0.72
2024 · 0.43
Debt to equity
0.47
2024 · 0.78
ROE
9.6%
2024 · 8.9%
ROA
6.5%
2024 · 5.0%
Interest coverage
46.21
2024 · 37.44
Debt ≤ 1 year
€26k
2024 · €41k
Income taxes
€3k
2024 · €4k
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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€95k€87k
Fixed assets21/28€78k€67k
Tangible fixed assets22/27€78k€67k
Plant, machinery and equipment23€73k€63k
Furniture and vehicles24€4k€4k
Current assets29/58€18k€19k
Amounts receivable within one year40/41€2k€7k
Trade receivables40€2k€6k
Other amounts receivable41€252€754
Cash at bank and in hand54/58€14k€11k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€95k€87k
Equity10/15€53k€59k
Contributions10/11€6k€6k=
Reserves13€47k€53k
Distributable reserves133€47k€53k
Profit (loss) carried forward14€32€36
Amounts payable17/49€42k€27k
Amounts payable within one year42/48€41k€26k
Current portion of amounts payable after more than one year42€12k-
Trade debts44€2k€1k
Suppliers440/4€2k€1k
Taxes, remuneration and social security45€3k€2k
Taxes450/3€3k€2k
Other amounts payable47/48€24k€23k
Accrued charges and deferred income492/3€850€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€11k
Other operating charges640/8€1k€1k
Gross operating margin9900€24k€21k
Operating profit (loss)9901€9k€9k
Financial income75/76B€10€10
Recurring financial income75€10€10
Financial charges65/66B€622€438
Recurring financial charges65€622€438
Profit (loss) for the period before taxes9903€8k€9k
Income taxes67/77€4k€3k
Profit (loss) for the period9904€5k€6k
Profit (loss) for the period to be appropriated9905€5k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€6k
Profit (loss) brought forward from the previous period14P€7€32
Transfer to equity691/2€5k€6k
To other reserves6921€5k€6k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
11-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
10-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Weakest financial yearnet €2k ▼46.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2022
20-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
24-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
17-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
13-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
13-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
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
4 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, Rijkevorsel · 1 establishment unit since 2000
establishment The establishment unit on the map
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.

Oostmalsesteenweg 552310 Rijkevorsel
Ground area
1,099 m²
Building footprint
437 m²
Volume, LiDAR
1,827 m³
Parcel 13502E0169/00V002, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NAPALM INC.
Oostmalsesteenweg 55, 2310 RijkevorselScientific research and development
since 20002.099.595.088
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13502E0169/00V002 Flanders 1,099 m² 1 · 437 m² 6.2 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.

Similar companies · same sector, comparable size

Of 3,209 companies in sector 95316 we hold annual accounts for 752. 558 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
Founded14-04-2000
Fiscal year end30-06
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
62200Computer consultancy and computer facilities management
77110Renting and leasing of cars and light motor vehicles
77320Rental and leasing activities
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.