NAPS
ActiveSummary
NAPS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,407 and a net result of €31,658. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 16754 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-24
Solvency64▼-36
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 4.07 against 4.44 in 2024; short-term debt: 10.7% and cash: 25.2% of total assets), but 60.5% of the assets are financed with debt.
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Signals
Three 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
35 d early
2024
22 d early
2023
28 d early
2022
31 d early
2021
30 d early
2020
31 d early
2019
13 d 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 27 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€31,658▼ 56.5%
2024 · €72,794
Working capital
€182,178▼ 4.5%
2024 · €190,735
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health 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€96,025€64,762▼ 32.6%€145,965▲ 125%€98,936▼ 32.2%€36,667▼ 62.9%
Net result€75,195within the sector's middle half€46,614within the sector's middle half▼ 38.0%€107,245within the sector's middle half▲ 130%€72,794within the sector's middle half▼ 32.1%€31,658within the sector's middle half▼ 56.5%
Equity€182,097within the sector's middle half▲ 70.3%€149,711within the sector's middle half▼ 17.8%€213,956within the sector's middle half▲ 42.9%€221,749within the sector's middle half▲ 3.6%€218,407within the sector's middle half▼ 1.5%
Total assets€199,371below the sector's middle half▲ 45.5%€249,287below the sector's middle half▲ 25.0%€257,621within the sector's middle half▲ 3.3%€277,329within the sector's middle half▲ 7.6%€553,200within the sector's middle half▲ 99.5%
Debt€17,274▼ 42.6%€99,576▲ 476%€43,666▼ 56.1%€55,580▲ 27.3%€334,792▲ 502%
Working capital€179,462within the sector's middle half▲ 93.2%€142,270within the sector's middle half▼ 20.7%€191,371within the sector's middle half▲ 34.5%€190,735within the sector's middle half▼ 0.3%€182,178within the sector's middle half▼ 4.5%
Solvency91.3%above the sector's middle half▲ 13.3pp60.1%within the sector's middle half▼ 31.3pp83.1%within the sector's middle half▲ 23.0pp80.0%within the sector's middle half▼ 3.1pp39.5%within the sector's middle half▼ 40.5pp
Current ratio12.34above the sector's middle half▲ 8.252.43within the sector's middle half▼ 9.915.43within the sector's middle half▲ 2.994.44within the sector's middle half▼ 0.994.07within the sector's middle half▼ 0.37
Return on assets (ROA)37.7%above the sector's middle half▲ 58.2pp18.7%within the sector's middle half▼ 19.0pp41.6%above the sector's middle half▲ 22.9pp26.2%within the sector's middle half▼ 15.4pp5.7%below the sector's middle half▼ 20.5pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 63% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €553,200
Fixed assets
€311,617 ▲ 901%
Current assets
€241,583 ▼ 1.9%
Equity and liabilities €553,200
Equity
€218,407 ▼ 1.5%
Debt
€334,792 ▲ 502%
Debt's share of the balance-sheet total rises from 20.0% to 60.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48,388▼
2024 · €107,048
Cash flow
€43,379▼
2024 · €80,906
Debt to equity
1.53▲
2024 · 0.25
ROE
14.5%▼
2024 · 32.8%
Interest coverage
28.41▼
2024 · 93.56
Debt ≤ 1 year
€59,405▲
2024 · €55,453
Debt > 1 year
€274,630
Income taxes
€12,132▼
2024 · €26,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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 | €5,073 | €3,215 | €5,732 | €8,112 | €11,721 | ▲ 44.5% |
| Other operating charges640/8 | - | €725 | €1,710 | €848 | €38,845 | ▲ 4,479% |
| Non-recurring operating charges66A | - | €255 | - | - | - | - |
| Gross operating margin9900 | €102,311 | €68,957 | €153,406 | €107,896 | €87,233 | ▼ 19.2% |
| Operating profit (loss)9901 | €96,025 | €64,762 | €145,965 | €98,936 | €36,667 | ▼ 62.9% |
| Financial income75/76B | - | €797 | €3 | €1,009 | €8,827 | ▲ 774% |
| Recurring financial income75 | €596 | €797 | €3 | €1,009 | €8,827 | ▲ 774% |
| Financial charges65/66B | - | €346 | €404 | €1,144 | €1,703 | ▲ 48.9% |
| Recurring financial charges65 | €629 | €346 | €404 | €1,144 | €1,703 | ▲ 48.9% |
| Profit (loss) for the period before taxes9903 | €95,991 | €65,212 | €145,563 | €98,801 | €43,790 | ▼ 55.7% |
| Income taxes67/77 | €20,797 | €18,599 | €38,319 | €26,007 | €12,132 | ▼ 53.4% |
| Profit (loss) for the period9904 | €75,195 | €46,614 | €107,245 | €72,794 | €31,658 | ▼ 56.5% |
| Profit (loss) for the period to be appropriated9905 | €75,195 | €46,614 | €107,245 | €72,794 | €31,658 | ▼ 56.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199,371 | €249,287 | €257,621 | €277,329 | €553,200 | ▲ 99.5% |
| Fixed assets21/28 | €4,088 | €7,778 | €23,018 | €31,141 | €311,617 | ▲ 901% |
| Intangible fixed assets21 | - | - | €1,850 | €4,650 | €4,650 | = |
| Tangible fixed assets22/27 | €4,088 | €7,778 | €21,168 | €26,491 | €306,967 | ▲ 1,059% |
| Land and buildings22 | - | - | - | - | €289,709 | - |
| Furniture and vehicles24 | - | €7,778 | €21,168 | €26,491 | €17,258 | ▼ 34.9% |
| Current assets29/58 | €195,283 | €241,509 | €234,604 | €246,188 | €241,583 | ▼ 1.9% |
| Amounts receivable after more than one year29 | - | €40,446 | - | - | - | - |
| Other amounts receivable291 | - | €40,446 | - | - | - | - |
| Amounts receivable within one year40/41 | €13,961 | €13,938 | €9,756 | €17,492 | €34,289 | ▲ 96.0% |
| Trade receivables40 | - | €10,000 | - | - | - | - |
| Other amounts receivable41 | - | €3,938 | €9,756 | €17,492 | €34,289 | ▲ 96.0% |
| Cash at bank and in hand54/58 | €78,323 | €161,452 | €140,672 | €142,105 | €139,602 | ▼ 1.8% |
| Deferred charges and accrued income490/1 | - | €25,674 | €84,176 | €86,591 | €67,692 | ▼ 21.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199,371 | €249,287 | €257,621 | €277,329 | €553,200 | ▲ 99.5% |
| Equity10/15 | €182,097 | €149,711 | €213,956 | €221,749 | €218,407 | ▼ 1.5% |
| Contributions10/11 | - | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Outside capital11 | - | €20,460 | - | - | - | - |
| Other1109/19 | - | €20,460 | - | - | - | - |
| Reserves13 | €160,000 | €128,000 | €192,000 | €200,000 | €197,000 | ▼ 1.5% |
| Distributable reserves133 | - | €128,000 | €192,000 | €200,000 | €197,000 | ▼ 1.5% |
| Profit (loss) carried forward14 | €1,637 | €1,251 | €1,496 | €1,289 | €947 | ▼ 26.5% |
| Amounts payable17/49 | €17,274 | €99,576 | €43,666 | €55,580 | €334,792 | ▲ 502% |
| Amounts payable after more than one year17 | €1,452 | €292 | - | - | €274,630 | - |
| Financial debts170/4 | - | €292 | - | - | €274,630 | - |
| Amounts payable within one year42/48 | €15,821 | €99,240 | €43,233 | €55,453 | €59,405 | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | €10,336 | €5,324 | €17,311 | €32,666 | ▲ 88.7% |
| Financial debts43 | - | - | €224 | - | €3,444 | - |
| Credit institutions430/8 | - | - | €224 | - | €3,444 | - |
| Trade debts44 | €5,029 | €3,278 | €6,824 | €3,142 | €3,294 | ▲ 4.8% |
| Suppliers440/4 | - | €3,278 | €6,824 | €3,142 | €3,294 | ▲ 4.8% |
| Taxes, remuneration and social security45 | - | €30,325 | €20,761 | €9,750 | €5,250 | ▼ 46.2% |
| Taxes450/3 | - | €30,325 | €20,761 | €9,750 | €5,250 | ▼ 46.2% |
| Other amounts payable47/48 | - | €55,300 | €10,100 | €25,250 | €14,750 | ▼ 41.6% |
| Accrued charges and deferred income492/3 | - | €44 | €433 | €126 | €757 | ▲ 499% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,195 | €46,614 | €107,245 | €72,794 | €31,658 | ▼ 56.5% |
| + Depreciation and write-downs630 | €5,073 | €3,215 | €5,732 | €8,112 | €11,721 | ▲ 44.5% |
| Operating cash flow (approximation) | €80,268 | €49,829 | €112,977 | €80,906 | €43,379 | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | -€6,905 | -€20,972 | -€16,235 | -€292,197 | ▼ 1,700% |
| Change in cash | - | €83,128 | -€20,780 | €1,434 | -€2,503 | ▼ 275% |
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
18-08
State Gazette act
Registered officeRegistered-office move · Director in office3 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office3 facts ▸
- General meeting, 20-03-2026
- Registered-office move, Rue des Marchats, 13-1470 Genappe
- Director in office, Le Cain Antoine (manager)
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €107,245 ▲130%
Operating result €145,965, net result €107,245, both a record.
31-03
Financial
Liquidity doublescurrent ratio 5.43
Current ratio from 2.43 to 5.43; short-term debt falls from €99,240 to €43,233.
31-03
Financial
Equity above €200,000Eq €213,956 ▲42.9%
3 profitable years in a row build equity to €213,956.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €75,195
Net result €75,195 after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 12.34
Current ratio from 4.10 to 12.34; short-term debt falls from €30,008 to €15,821.
31-03
Financial
Equity above €150,000Eq €182,097 ▲70.3%
Equity rises from €106,902 to €182,097.
Show earlier events
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Weakest financial yearnet -€28,057
Net result drops to -€28,057, the lowest in the series; recovery starts the following year.
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 2015
Ground area
358 m²
Building footprint
110 m²
Volume, LiDAR
897 m³
2 parcels, Brussels, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Walckierslaan 96, 1160 Oudergem
since 20152.246.214.746
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0059/00R002 | Brussels | 316 m² | 1 · 74 m² | 13.3 m · 3 fl. |
| 25031A0428/00A000 | Wallonia | 42 m² | 1 · 36 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Antoine Le Cainnatural personSourceown accounts 31-03-2022100%
Holdings 0
The accounts to 31-03-2022 list no holdings, and no other source names one.
According to the annual accounts to 31-03-2022 of NAPS and those 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.
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Of 16,631 companies in sector 86220 we hold annual accounts for 7,985. 6,665 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
Founded07-10-2015
Fiscal year end31-03
Activities, NACEBEL 2025
86220Specialist medical practice
86210General medical practice
Contact
E-mail
lecainantoine@icloud.com
Phone
0487787870
E-invoicing
Reachable via Peppol
Peppol ID
0208:0640688661
Registered
09-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.