Financials
- Fiscal year
- 2025
- Total assets
- €91,686
- Profit
- €81,784
- Solvency
- 8.2%
Total assets▲ 260%
Net result
20212025
NARTO
ActiveSummary
NARTO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,500 and a net result of €81,784. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 11% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€91,686total assets 2025
- Equity
- €7,500
- Profit
- €81,784
Turnover not published (abridged schema)
Structure
- Holdings
- 1
Accounts 155 d early0 of 2 deeds read
Why 63- Founded in 2020- Sector Specialised construction activities (NACE 43)- Equity €7,500 (8.2% of total assets)+ Figures for FY 2025 (filed 01-03-2026)Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 36% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
33-21
equity 8.2% of total assets
Liquidity
8-13
short-term debt 91.8% · cash 6.5%
Profitability
100=
return on assets 89.2%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 18 months
05-2025: 1.4%
06-2025: 1.4%● 0.0% vs 05-2025
07-2025: 1.4%▼ -1.4% vs 06-2025
08-2025: 1.4%▲ +1.1% vs 07-2025
09-2025: 1.4%▼ -3.0% vs 08-2025
10-2025: 1.4%● 0.0% vs 09-2025
11-2025: 1.4%● 0.0% vs 10-2025
12-2025: 1.4%▲ +2.5% vs 11-2025
01-2026: 1.3%▼ -8.8% vs 12-2025lowest value
02-2026: 1.3%● 0.0% vs 01-2026lowest value
03-2026: 1.3%▲ +2.6% vs 02-2026
04-2026: 1.7%▲ +30.3% vs 03-2026highest value
05-2026: 1.7%▼ -2.4% vs 04-2026
06-2026: 1.7%● 0.0% vs 05-2026
07-2026: 1.7%● 0.0% vs 06-2026
08-2026: 1.5%▼ -13.5% vs 07-2026
09-2026: 1.5%● 0.0% vs 08-2026
10-2026: 1.5%▲ +1.4% vs 09-2026
- Founded in 2020 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €7,500 (8.2% of total assets) raises the probability
- Figures for FY 2025 (filed 01-03-2026) lowers the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 13%, liquidity 5%, profitability 93%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 8593 sector peers (2025).
NBB · sector comparisonPosition among 8593 sector peers
Solvency
better than 11%
← 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 26-02-2026, 155 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
155 d early
2024
122 d early
2023
65 d early
2022
41 d early
2021
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 87 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 May (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2021net €81,784 ▲444%
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 26-02-2026Annual accounts filed
- 31-12-2025Highest result since 2021
- 31-03-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 19-05-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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