NAPTON
ActiveNAPTON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.95M and a net result of €1k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
89
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency81▲+2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.11 in 2024), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
61.8%
Return on assets
0%
Age of the figures
8 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
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 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
121 d early
2024
51 d early
2023
2 d early
2022
on the day
2021
58 d early
2020
53 d early
2019
30 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.95M▲ 0.1%
2024 · €1.94M
2018: €2.78M
2019: €2.55M
2020: €2.54M
2021: €1.99M
2022: €1.97M
2023: €1.97M
2024: €1.94M
2018 → 2025
Total assets
€3.15M▼ 2.3%
2024 · €3.22M
2018: €4.53M
2019: €4.23M
2020: €3.86M
2021: €3.23M
2022: €3.33M
2023: €3.31M
2024: €3.22M
2018 → 2025
Net result
€1k
2024 · €-29k
2018: €-171k
2019: €-28k
2020: €16k
2021: €16k
2022: €-18k
2023: €4k
2024: €-29k
2018 → 2025
Working capital
€98k▲ 67.0%
2024 · €59k
2018: €1.17M
2019: €405k
2020: €217k
2021: €115k
2022: €101k
2023: €97k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.99M-€1.97M▼ 0.9%€1.97M▲ 0.2%€1.94M▼ 1.5%€1.95M▲ 0.1%
Operating result€6k-€-7k€29k€-14k€23k
Net result€16k-€-18k€4k€-29k€1k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €23k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.15M
Fixed assets
€2.54M▼ 3.1%
Current assets
€608k▲ 0.9%
Equity and liabilities €3.15M
Equity
€1.95M▲ 0.1%
Provisions
€73k▼ 6.5%
Debt
€1.13M▼ 6.0%
The debt ratio falls from 37.2% to 35.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€103k▲
2024 · €68k
Cash flow
€82k▲
2024 · €52k
Solvency
61.8%▲
2024 · 60.4%
Current ratio
1.19▲
2024 · 1.11
Quick ratio
1.19▲
2024 · 1.11
Debt / equity
0.58▼
2024 · 0.62
ROE
0.1%▲
2024 · -1.5%
ROA
0.0%▲
2024 · -0.9%
Interest coverage
5.17▲
2024 · 3.42
Debt
€1.13M▼
2024 · €1.20M
Debt ≤ 1 year
€509k▼
2024 · €543k
Debt > 1 year
€579k▼
2024 · €605k
Income taxes
€11k▲
2024 · €580
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.22M€3.15M▼
Fixed assets21/28€2.62M€2.54M▼
Tangible fixed assets22/27€2.17M€2.09M▼
Land and buildings22€2.03M€1.96M▼
Furniture and vehicles24€144k€129k▼
Financial fixed assets28€448k€448k=
Current assets29/58€602k€608k▲
Amounts receivable after more than one year29€21k€21k=
Other amounts receivable291€21k€21k=
Amounts receivable within one year40/41€10k€14k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€142€3k▲
Current investments50/53€520k€520k=
Cash at bank and in hand54/58€8k€43k▲
Deferred charges and accrued income490/1€43k€10k▼
Equity and liabilities
Total equity and liabilities10/49€3.22M€3.15M▼
Equity10/15€1.94M€1.95M▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€1.93M€1.93M▲
Provisions and deferred taxes16€78k€73k▼
Deferred taxes168€78k€73k▼
Amounts payable17/49€1.20M€1.13M▼
Amounts payable after more than one year17€605k€579k▼
Financial debts170/4€605k€579k▼
Amounts payable within one year42/48€543k€509k▼
Current portion of amounts payable after more than one year42€55k€25k▼
Trade debts44€20k€15k▼
Suppliers440/4€20k€15k▼
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€1k€12k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€465k€457k▼
Accrued charges and deferred income492/3€52k€40k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€81k▼
Other operating charges640/8€55k€19k▼
Gross operating margin9900€123k€123k▼
Operating profit (loss)9901€-14k€23k▲
Financial income75/76B€42€4k▲
Recurring financial income75€42€4k▲
Financial charges65/66B€20k€20k▲
Recurring financial charges65€20k€20k▲
Profit (loss) for the period before taxes9903€-33k€7k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€580€11k▲
Profit (loss) for the period9904€-29k€1k▲
Profit (loss) for the period to be appropriated9905€-29k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.93M€1.93M▲
Profit (loss) brought forward from the previous period14P€1.96M€1.93M▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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
10 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, Knokke-Heist · 1 establishment unit since 2012
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.
Koninginnenlaan 158300 Knokke-HeistGround area
417 m²
Building footprint
417 m²
Volume, LiDAR
4,035 m³
Parcel 31334B0268/00_000, Flanders · tallest building 20.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NAPTON
since 20122.216.724.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0268/00_000 | Flanders | 417 m² | 1 · 417 m² | 20.0 m · 3 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
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VANNESTE
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GERONIKA
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Of 1,503 companies in sector 47540 we hold annual accounts for 801. 392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2004
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
43211General electrical installation work
45310
46431Wholesale of electrical household appliances and audio-video equipment
52720
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.