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Naro

Active
Private limited companyfounded 20242 yrs activeBeekstraat(VRA) 10D, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1004.185.273
Summary

The computed 12-month bankruptcy probability of Naro is 3.5% (moderate). The 2024 annual accounts show equity of €3,591 and a net result of €591. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability70
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
6.9%
Return on assets
1.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

Naro was incorporated on 3 January 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€3,591
Total assets
€52,147
Net result
€591
Working capital
-€2,259

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €52,147
Fixed assets €28,012
Current assets €24,135
Equity and liabilities €52,147
Equity €3,591
Debt €48,556
Debt finances 93.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€13,552
Cash flow
€10,764
Current ratio
0.91
Debt to equity
13.52
ROE
16.5%
ROA
1.1%
Interest coverage
8.93
Debt ≤ 1 year
€26,394
Debt > 1 year
€22,162
Income taxes
€1,274

Peer companies

Historical observation

Of the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
4.9% went bankrupt
2.1% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 2,136 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 · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€52,147
Fixed assets21/28€28,012
Tangible fixed assets22/27€28,012
Furniture and vehicles24€28,012
Current assets29/58€24,135
Amounts receivable within one year40/41€17,621
Trade receivables40€11,685
Other amounts receivable41€5,936
Cash at bank and in hand54/58€6,137
Deferred charges and accrued income490/1€377
Equity and liabilities
Total equity and liabilities10/49€52,147
Equity10/15€3,591
Contributions10/11€3,000
Reserves13€591
Distributable reserves133€591
Amounts payable17/49€48,556
Amounts payable after more than one year17€22,162
Financial debts170/4€22,162
Amounts payable within one year42/48€26,394
Current portion of amounts payable after more than one year42€6,233
Trade debts44€18,888
Suppliers440/4€18,888
Taxes, remuneration and social security45€1,274
Taxes450/3€1,274
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,173
Other operating charges640/8€387
Gross operating margin9900€13,939
Operating profit (loss)9901€3,379
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€1,518
Recurring financial charges65€1,518
Profit (loss) for the period before taxes9903€1,865
Income taxes67/77€1,274
Profit (loss) for the period9904€591
Profit (loss) for the period to be appropriated9905€591
Appropriation of the result
Profit (loss) to be appropriated9906€591
Transfer to equity691/2€591
To other reserves6921€591

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,173
Other operating charges640/8€387
Gross operating margin9900€13,939
Operating profit (loss)9901€3,379
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€1,518
Recurring financial charges65€1,518
Profit (loss) for the period before taxes9903€1,865
Income taxes67/77€1,274
Profit (loss) for the period9904€591
Profit (loss) for the period to be appropriated9905€591
Line2024
Assets
Total assets20/58€52,147
Fixed assets21/28€28,012
Tangible fixed assets22/27€28,012
Furniture and vehicles24€28,012
Current assets29/58€24,135
Amounts receivable within one year40/41€17,621
Trade receivables40€11,685
Other amounts receivable41€5,936
Cash at bank and in hand54/58€6,137
Deferred charges and accrued income490/1€377
Equity and liabilities
Total equity and liabilities10/49€52,147
Equity10/15€3,591
Contributions10/11€3,000
Reserves13€591
Distributable reserves133€591
Amounts payable17/49€48,556
Amounts payable after more than one year17€22,162
Financial debts170/4€22,162
Amounts payable within one year42/48€26,394
Current portion of amounts payable after more than one year42€6,233
Trade debts44€18,888
Suppliers440/4€18,888
Taxes, remuneration and social security45€1,274
Taxes450/3€1,274
Line2024
Profit (loss) for the period9904€591
+ Depreciation and write-downs630€10,173
Operating cash flow (approximation)€10,764

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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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
326 m²
Building footprint
76 m²
Volume, LiDAR
267 m³
Parcel 46028C0662/00G000, Flanders · tallest building 12.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Naro
Beekstraat(VRA) 10D, 9120 Beveren-Kruibeke-ZwijndrechtRepair and maintenance of machinery
since 20242.354.709.642
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46028C0662/00G000 Flanders 326 m² 1 · 76 m² 12.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004185273
Also 9925:BE1004185273
Registered 12-02-2025

Register as of 27 September 2026 · Peppol Directory

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