Equity
€452,680 ▲ 4.0%
NAT IMMO has made a profit without a break since 2014.
NAT IMMO
Lifetime
20 annual accounts with figures on one time axispeak €416,278 (2023)
€352,801▼ 4.8%
lowest -€5,945 (2013)
€17,273▲ 74.6%
peak €463,666 (2023)
€452,680▲ 4.0%
€302,514▼ 25.8%
peak 4.7 FTE (2023)
4.1 FTE▼ 4.7%
Board2 names since 2021
2 directorsDELMOTTE Nathalie and 1 other
Documentsfilings and deeds
26-06-202635 days before the deadline
2025abbreviated format
Result from €9,890 to €17,273Debts from €407,572 to €302,514Cash from €30,546 to €19,896
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 55% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.2 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged 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: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2006
Figures for financial year 2025 (filed on 26-06-2026)
Equity €452,680 (59.9% of total assets)
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 47, micro). It does better than 73% of them on solvency, 42% on liquidity, 54% on profitability and 50% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as NAT IMMO has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NAT IMMO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for NAT IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.1 (1.7 in 2024), above the usual 1.5. Short-term debt is 26% and cash 2.6% of total assets. 40.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
8 days early
2023
2 days early
2022
on the day
2021
39 days early
2020
24 days early
2019
25 days late
← 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 12 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 23 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MASSON Thierry 51 sharesdeed of 07-08-2026
- DELMOTTE Nathalie 49 sharesdeed of 07-08-2026
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879995480
Demerger: THIERRY AUTO PIECES splits off to THIERRY AUTO PIECES
Company renamed from THIERRY AUTO PIECES to NAT Immo · Capital decrease of €11,854.40 to €6,745.60 · Capital from €18,600 to €6,745.60 · Gazette deed
Demerger proposal: THIERRY AUTO PIECES splits off to THIERRY AUTO PIECES
Founding capital of €11,854.40, 100 shares · Capital decrease of €11,854.40 · Board meeting of 26-05-2026 · Gazette deed
2 directors reappointed
MASSON Thierry and DELMOTTE Nathalie · Permanent representative: MASSON Thierry · General meeting of 28-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NAT IMMO Blegny | €755,801 | €352,801 | 59.9% | 4.1 |
| e-Vconsult Wavre | €934,161 | €366,863 | 29.0% | 4 |
| VS INSURANCE Ostend | €606,059 | €351,283 | 12.6% | 4.8 |
| Tesselate Belgium Brussels | €792,307 | €368,228 | 24.9% | 4 |
| DN&T Liège | €956,008 | €530,456 | 53.5% | 4.1 |
| aXialyze Trooz | €649,324 | €563,920 | 13.7% | 5.3 |
| BESTVALUE Liège | €438,328 | €298,954 | 6.8% | 3.7 |
These companies have the same main activity as NAT IMMO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €438,000 and €956,000, founded between 2003 and 2010.
Official details
Source: KBO- Status
- Active since 15-03-2006Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Joint committees
- 149Sectors related to metal, mechanical and electrical engineering
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.152.999.5284671 Blegny, since 19-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 31-08-2026
Annual accounts 2025
- ≈ €540,000estimated
- €755,801▼ 10.5%
- Employeeson 31-12-2025
- 4▼ 20.0%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on NAT IMMO
NAT IMMO files the abbreviated format. That format states no turnover. The gross margin rose from €38,186 in 2006 to €352,801 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NAT IMMO
- What is the company number of NAT IMMO?
- The company number of NAT IMMO is 0879.995.480. The VAT number is the same number with BE in front: BE 0879.995.480.
- Where is NAT IMMO based?
- The registered office is at rue du Stade 8, 4671 Blegny.Company details
- What does NAT IMMO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of NAT IMMO?
- NAT IMMO is a private limited company (BV).
- When was NAT IMMO founded?
- NAT IMMO was founded on 15-03-2006.
- Is NAT IMMO still active?
- Yes, NAT IMMO is an active enterprise in the KBO register.
- How many employees does NAT IMMO have?
- NAT IMMO had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NAT IMMO fall under?
- In its 2025 annual accounts, NAT IMMO states joint committees 149 (Sectors related to metal, mechanical and electrical engineering) and 201 (Independent retail).
- What is the turnover of NAT IMMO?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €352,801 and 74 comparable companies (NACE 70200). It probably lies between €420,000 and €980,000.
- Is NAT IMMO profitable?
- In financial year 2025, NAT IMMO made a profit of €17,273.
- Where can I find the annual accounts of NAT IMMO?
- NAT IMMO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NAT IMMO due?
- NAT IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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