Equity
€144,037 ▼ 3.7%
NAPRODEX paid out €18,866 in dividends. That is 141% of the 2025 profit.
NAPRODEX
Lifetime
20 annual accounts with figures on one time axispeak €82,847 (2020)
€63,903▲ 6.6%
lowest -€14,846 (2015)
€13,394▲ 228%
peak €149,508 (2024)
€144,037▼ 3.7%
€96,217▼ 33.7%
Board1 name since 2021
-
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €4,085 to €13,394Dividend €18,866Debts from €145,016 to €96,217Cash from €13,820 to €4,125
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 51% of micro companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.3 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.96, cash €4,125, halved
2 establishment units
lowers risk
Founded in 2005
Size: total assets €240,254
Calculation
The band follows from the bankruptcy probability. 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 20, micro). It does better than 68% of them on solvency, 33% on liquidity, 64% on profitability and 40% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as NAPRODEX has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NAPRODEX itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for NAPRODEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (1.15 in 2024), below 1. Short-term debt is 40% and cash 1.7% of total assets. 40% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
30 days late
2024
12 days early
2023
2 days early
2022
18 days late
2021
14 days late
2020
16 days late
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0875795083
Change of role: VAN CAUWENBERGHE Peter, from statutory manager to statutory director
Legal-form conversion: to private limited company · Director discharge: VAN CAUWENBERGHE Peter (statutory manager) · General meeting of 04-12-2023 · Gazette deed
New establishment in Zwalm
B&B Sint Blasius Hof, Boekelbaan 114
Incorporation
published on 07-09-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NAPRODEX Zwalm | €240,254 | €63,903 | 60.0% | - |
| Voltrion Deinze | €376,966 | €82,864 | 34.4% | - |
| Verschueren Services Kapellen | €471,158 | €72,338 | 59.8% | - |
| D & C CHEMICALS Tongeren-Borgloon | €476,898 | €79,258 | 45.5% | - |
| Van de Velde Consulting Wetteren | €415,486 | €128,655 | 95.7% | - |
| P.H.L. Distribution Mouscron | €191,825 | €82,372 | 22.6% | - |
| HAMSA FRAGRANCES & FLAVOURS Antwerp | €217,236 | €42,203 | 7.5% | - |
These companies have the same main activity as NAPRODEX: manufacture of chemicals and chemical products (NACE 20590). They are comparable in size and age: total assets between €192,000 and €477,000, founded between 1996 and 2013.
Official details
Source: KBO- Status
- Active since 31-08-2005Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20590and 4 others
- Establishment units
- 2.148.817.4429630 Zwalm, since 31-08-2005
- 2.237.652.1219630 Zwalm, since 01-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 01-04-2025
Insights on NAPRODEX
NAPRODEX files the micro format. That format states no turnover. The gross margin rose from €56,372 in 2006 to €63,903 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NAPRODEX
- What is the company number of NAPRODEX?
- The company number of NAPRODEX is 0875.795.083. The VAT number is the same number with BE in front: BE 0875.795.083.
- Where is NAPRODEX based?
- The registered office is at Boekelbaan 114, 9630 Zwalm.Company details
- What does NAPRODEX do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20590).
- What is the legal form of NAPRODEX?
- NAPRODEX is a private limited company (BV).
- When was NAPRODEX founded?
- NAPRODEX was founded on 31-08-2005.
- Is NAPRODEX still active?
- Yes, NAPRODEX is an active enterprise in the KBO register.
- What is the turnover of NAPRODEX?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €63,903 and 2,666 comparable companies of the same size. It probably lies between €130,000 and €330,000. It is a rough estimate.Financials
- Is NAPRODEX profitable?
- In financial year 2025, NAPRODEX made a profit of €13,394.
- Where can I find the annual accounts of NAPRODEX?
- NAPRODEX filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NAPRODEX due?
- NAPRODEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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