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NARACORP

Active
Private limited companyfounded 2025active for 1 yearRue du Martinet(F-E) 42, 6140 Fontaine-l'Evêque, BelgiumKBO/BCE: BE 1019.890.959
Summary

NARACORP has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,027 and a net result of €4,027. Its solvency ranks better than 88% of 3,374 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444864.

Equity
€7,027
Total assets
€7,981
Net result
€4,027
Working capital
€7,027

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €7,981
Equity €7,027
Debt €953
Debt finances 11.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
8.37
Debt to equity
0.14
ROE
57.3%
ROA
50.5%
Debt ≤ 1 year
€953

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet Code2025
Assets
Total assets20/58€7,981
Current assets29/58€7,981
Amounts receivable within one year40/41€213
Other amounts receivable41€213
Cash at bank and in hand54/58€7,768
Equity and liabilities
Total equity and liabilities10/49€7,981
Equity10/15€7,027
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€4,027
Amounts payable17/49€953
Amounts payable within one year42/48€953
Taxes, remuneration and social security45€953
Taxes450/3€953
Income statement Code2025
Gross operating margin9900€4,100
Operating profit (loss)9901€4,100
Financial charges65/66B€73
Recurring financial charges65€73
Profit (loss) for the period before taxes9903€4,027
Profit (loss) for the period9904€4,027
Profit (loss) for the period to be appropriated9905€4,027
Appropriation of the result
Profit (loss) to be appropriated9906€4,027
Line2025
Gross operating margin9900€4,100
Operating profit (loss)9901€4,100
Financial charges65/66B€73
Recurring financial charges65€73
Profit (loss) for the period before taxes9903€4,027
Profit (loss) for the period9904€4,027
Profit (loss) for the period to be appropriated9905€4,027
Line2025
Assets
Total assets20/58€7,981
Current assets29/58€7,981
Amounts receivable within one year40/41€213
Other amounts receivable41€213
Cash at bank and in hand54/58€7,768
Equity and liabilities
Total equity and liabilities10/49€7,981
Equity10/15€7,027
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€4,027
Amounts payable17/49€953
Amounts payable within one year42/48€953
Taxes, remuneration and social security45€953
Taxes450/3€953
Line2025
Profit (loss) for the period9904€4,027
Operating cash flow (approximation)€4,027

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-08-2026 2026-00444864

Similar companies · same sector, comparable size

Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 3,786 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.