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Narthecia

Active
Private limited companyfounded 2014active for 12 yearsOttré 16, 6690 Vielsalm, BelgiumKBO/BCE: BE 0546.930.540
Summary

The annual accounts of Narthecia for financial year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €23,672 and a net result of -€28,847. Equity has been growing by about 7.7% per year since 2018. Its solvency ranks better than 15% of 2,073 sector peers (NACE 01, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 27-02-2014 Normal situation
Activity
Mixed farming NACE 01500
Establishment unit
2.227.289.848 6690 Vielsalm, since 27-02-2014
Financial year end
31 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
-€20,882
Loss
€28,847
▲ 993%
Equity
€23,672
▼ 54.9%
Total assets
€239,437
▲ 52.9%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.99Loss of €28,847, the second in a row (financial year 2025)lowers riskSize: total assets €239,437Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in crop and animal production (NACE 01)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 35-24
equity 9.9% of total assets
Liquidity 0-29
short-term debt 90.1%
Profitability 4-63
return on assets -12.0%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,695 companies, NACE 01, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.3%▼ -0.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value 11-2026: 0.9%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.99 (1.32 in 2024), below 1. Short-term debt is 90.1% of total assets. 90.1% of the assets are financed with debt and provisions.
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 01, micro). It does better than 23% of them on solvency, 0% on liquidity, 9% on profitability and 8% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €239,437
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99
NBB · annual accounts
raises risk · Loss of €28,847, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€28,847
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2073 sector peers (2025).
NBB · sector comparison
Position among 2073 sector peers
Solvency
better than 15%
← weakest strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
7 days early
2023
5 days early
2022
17 days late
2021
3 days late
2020
15 days early
2019
24 days early
← 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 7 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 27 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 88% of companies in crop and animal productionsector median €582,933 · 2,073 companies €23,672 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€28,847 View

Recent changes

  1. · Gazette deed Appointment: COLLAS Philippe Joseph Arthur Julien (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Narthecia: mixed farming (NACE 01500). They are comparable in size and age: total assets between €145,000 and €338,000, founded between 2009 and 2014.

CompanyTotal assetsGross margin
Narthecia Vielsalm€239,437-€20,882
APHICAMI Aubel€221,241-€3,626
ARVUM Riemst€150,922-€10,783
FERME DU BRULÉ Sambreville€337,773-€382
DM Agro Pittem€150,687-€43,210
FERME DU FRASNOY Viroinval€209,884-€52,965
F&G Vleteren€144,902-€13,394
Full comparison

Key facts about Narthecia

What is the company number of Narthecia?
The company number of Narthecia is 0546.930.540. The VAT number is the same number with BE in front: BE 0546.930.540.
Where is Narthecia based?
The registered office is at Ottré 16, 6690 Vielsalm.Company details
What does Narthecia do?
According to the KBO register, the main activity is mixed farming (NACE 01500).
What is the legal form of Narthecia?
The legal form of Narthecia is Private limited company (BV).
When was Narthecia founded?
Narthecia was founded on 27-02-2014.
Is Narthecia still active?
Yes, Narthecia is an active enterprise in the KBO register.
What is the turnover of Narthecia?
The annual accounts for financial year 2025 state no turnover.Financials
Is Narthecia profitable?
In financial year 2025, Narthecia made a loss of €28,847.
Where can I find the annual accounts of Narthecia?
Narthecia filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Narthecia due?
Narthecia must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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