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NATALE

Active
Public limited companyfounded 198639 yrs activeLemkenshofstraat 3, 3520 Zonhoven, BelgiumKBO/BCE: BE 0430.118.685
Summary

NATALE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €419,714 and a net result of €33,246. Equity is shrinking by ~4.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+2
Solvency88▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.8 in 2024; short-term debt: 23.8% and cash: 4.5% of total assets), and 36.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.4%
Return on assets
5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
114 d early
2024
70 d early
2023
40 d early
2022
34 d early
2021
38 d early
2020
27 d late
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 41 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 (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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 19 December 1986, NATALE was incorporated.1 Total assets went from EUR 993,071 in 2018 to EUR 662,024 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€419,714▲ 3.3%
2024 · €406,468
Total assets
€662,024▼ 6.2%
2024 · €705,640
Net result
€33,246▲ 33.4%
2024 · €24,928
Working capital
-€50,960▼ 81.0%
2024 · -€28,151
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€48,233▲ 77.0%€53,965▲ 11.9%€61,285▲ 13.6%€42,386▼ 30.8%€47,317▲ 11.6%
Net result€34,063▲ 135%€38,872▲ 14.1%€41,971▲ 8.0%€24,928▼ 40.6%€33,246▲ 33.4%
Equity€365,696▼ 34.3%€379,568▲ 3.8%€396,540▲ 4.5%€406,468▲ 2.5%€419,714▲ 3.3%
Total assets€895,595▼ 1.2%€822,168▼ 8.2%€773,919▼ 5.9%€705,640▼ 8.8%€662,024▼ 6.2%
Debt€511,287▲ 54.9%€425,105▼ 16.9%€360,934▼ 15.1%€283,763▼ 21.4%€227,937▼ 19.7%
Working capital-€61,553-€16,903▲ 72.5%-€45,300▼ 168%-€28,151▲ 37.9%-€50,960▼ 81.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €48,233€48,233Net result 2021: €34,063€34,063Operating result 2022: €53,965€53,965Net result 2022: €38,872€38,872Operating result 2023: €61,285€61,285Net result 2023: €41,971€41,971Operating result 2024: €42,386€42,386Net result 2024: €24,928€24,928Operating result 2025: €47,317€47,317Net result 2025: €33,246€33,24620212022202320242025€0€20,000€40,000€60,000Operating result 2023: €61,285€61,300Net result 2023: €41,971€42,000Operating result 2024: €42,386€42,400Net result 2024: €24,928€24,900Operating result 2025: €47,317€47,300Net result 2025: €33,246€33,200202320242025
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €662,024
Fixed assets €555,462 ▼ 5.9%
Current assets €106,562 ▼ 7.6%
Equity and liabilities €662,024
Equity €419,714 ▲ 3.3%
Provisions €14,372 ▼ 6.7%
Debt €227,937 ▼ 19.7%
Debt's share of the balance-sheet total falls from 40.2% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94,876▲
2024 · €89,860
Cash flow
€80,806▲
2024 · €72,403
Current ratio
0.68▼
2024 · 0.80
Debt to equity
0.54▼
2024 · 0.70
ROE
7.9%▲
2024 · 6.1%
ROA
5.0%▲
2024 · 3.5%
Interest coverage
10.18▲
2024 · 6.53
Debt ≤ 1 year
€157,521▲
2024 · €143,476
Debt > 1 year
€70,415▼
2024 · €140,287
Income taxes
€5,791▲
2024 · €4,731
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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 20,082 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 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€705,640€662,024▼
Fixed assets21/28€590,315€555,462▼
Tangible fixed assets22/27€590,315€555,462▼
Land and buildings22€559,820€534,424▼
Furniture and vehicles24€30,494€21,038▼
Current assets29/58€115,325€106,562▼
Amounts receivable within one year40/41€269€4,209▲
Other amounts receivable41€269€4,209▲
Current investments50/53€60,000€70,000▲
Cash at bank and in hand54/58€52,642€29,838▼
Deferred charges and accrued income490/1€2,414€2,515▲
Equity and liabilities
Total equity and liabilities10/49€705,640€662,024▼
Equity10/15€406,468€419,714▲
Contributions10/11€173,525€173,525=
Capital10€173,525€173,525=
Issued capital100€173,525€173,525=
Reserves13€232,943€246,189▲
Non-distributable reserves130/1€17,353€17,353=
Legal reserve130€17,353€17,353=
Tax-exempt reserves132€79,186€76,076▼
Distributable reserves133€136,404€152,760▲
Provisions and deferred taxes16€15,409€14,372▼
Deferred taxes168€15,409€14,372▼
Amounts payable17/49€283,763€227,937▼
Amounts payable after more than one year17€140,287€70,415▼
Financial debts170/4€80,287€36,415▼
Other amounts payable178/9€60,000€34,000▼
Amounts payable within one year42/48€143,476€157,521▲
Current portion of amounts payable after more than one year42€37,468€41,336▲
Trade debts44€832€663▼
Suppliers440/4€832€663▼
Taxes, remuneration and social security45€1,444€998▼
Taxes450/3€1,444€998▼
Other amounts payable47/48€103,732€114,525▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,475€47,559▲
Other operating charges640/8€16,972€15,238▼
Gross operating margin9900€106,833€110,115▲
Operating profit (loss)9901€42,386€47,317▲
Financial charges65/66B€13,763€9,316▼
Recurring financial charges65€13,763€9,316▼
Profit (loss) for the period before taxes9903€28,623€38,001▲
Transfer from deferred taxes780€1,037€1,037=
Income taxes67/77€4,731€5,791▲
Profit (loss) for the period9904€24,928€33,246▲
Transfer from tax-exempt reserves789€3,110€3,110=
Profit (loss) for the period to be appropriated9905€28,038€36,356▲
Appropriation of the result
Profit (loss) to be appropriated9906€28,038€36,356▲
Transfer to equity691/2€13,038€16,356▲
To other reserves6921€13,038€16,356▲
Profit to be distributed694/7€15,000€20,000▲
Directors or managers695€15,000€20,000▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€12,023---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,234€39,602€45,644€47,475€47,559▲ 0.2%
Other operating charges640/8€10,674€19,290€17,211€16,972€15,238▼ 10.2%
Gross operating margin9900€100,141€112,857€124,140€106,833€110,115▲ 3.1%
Operating profit (loss)9901€48,233€53,965€61,285€42,386€47,317▲ 11.6%
Financial income75/76B€33-----
Recurring financial income75€33-----
Financial charges65/66B€9,939€8,877€14,556€13,763€9,316▼ 32.3%
Recurring financial charges65€9,939€8,877€14,556€13,763€9,316▼ 32.3%
Profit (loss) for the period before taxes9903€38,327€45,088€46,728€28,623€38,001▲ 32.8%
Transfer from deferred taxes780€1,188€1,117€1,050€1,037€1,037=
Income taxes67/77€5,453€7,333€5,807€4,731€5,791▲ 22.4%
Profit (loss) for the period9904€34,063€38,872€41,971€24,928€33,246▲ 33.4%
Transfer from tax-exempt reserves789€3,564€3,350€3,149€3,110€3,110=
Profit (loss) for the period to be appropriated9905€37,627€42,222€45,121€28,038€36,356▲ 29.7%
Line20212022202320242025Change
Assets
Total assets20/58€895,595€822,168€773,919€705,640€662,024▼ 6.2%
Fixed assets21/28€667,291€632,173€637,790€590,315€555,462▼ 5.9%
Tangible fixed assets22/27€667,291€632,173€637,790€590,315€555,462▼ 5.9%
Land and buildings22€667,291€632,173€597,839€559,820€534,424▼ 4.5%
Furniture and vehicles24--€39,951€30,494€21,038▼ 31.0%
Current assets29/58€228,304€189,996€136,129€115,325€106,562▼ 7.6%
Amounts receivable within one year40/41€20,033--€269€4,209▲ 1,466%
Other amounts receivable41€20,033--€269€4,209▲ 1,466%
Current investments50/53€110,000€110,000€110,000€60,000€70,000▲ 16.7%
Cash at bank and in hand54/58€94,656€76,146€23,690€52,642€29,838▼ 43.3%
Deferred charges and accrued income490/1€3,616€3,850€2,439€2,414€2,515▲ 4.2%
Equity and liabilities
Total equity and liabilities10/49€895,595€822,168€773,919€705,640€662,024▼ 6.2%
Equity10/15€365,696€379,568€396,540€406,468€419,714▲ 3.3%
Contributions10/11€173,525€173,525€173,525€173,525€173,525=
Capital10€173,525€173,525€173,525€173,525€173,525=
Issued capital100€173,525€173,525€173,525€173,525€173,525=
Reserves13€192,171€206,043€223,014€232,943€246,189▲ 5.7%
Non-distributable reserves130/1€17,353€17,353€17,353€17,353€17,353=
Legal reserve130€17,353€17,353€17,353€17,353€17,353=
Tax-exempt reserves132€88,796€85,446€82,296€79,186€76,076▼ 3.9%
Distributable reserves133€86,022€103,245€123,365€136,404€152,760▲ 12.0%
Provisions and deferred taxes16€18,612€17,495€16,446€15,409€14,372▼ 6.7%
Deferred taxes168€18,612€17,495€16,446€15,409€14,372▼ 6.7%
Amounts payable17/49€511,287€425,105€360,934€283,763€227,937▼ 19.7%
Amounts payable after more than one year17€219,680€216,456€177,755€140,287€70,415▼ 49.8%
Financial debts170/4€144,680€156,456€117,755€80,287€36,415▼ 54.6%
Other amounts payable178/9€75,000€60,000€60,000€60,000€34,000▼ 43.3%
Amounts payable within one year42/48€289,857€206,899€181,429€143,476€157,521▲ 9.8%
Current portion of amounts payable after more than one year42€36,674€37,468€38,701€37,468€41,336▲ 10.3%
Trade debts44€2,345€2,716€760€832€663▼ 20.4%
Suppliers440/4€2,345€2,716€760€832€663▼ 20.4%
Taxes, remuneration and social security45€2,943€7,690€5,665€1,444€998▼ 30.8%
Taxes450/3€2,943€7,690€5,665€1,444€998▼ 30.8%
Other amounts payable47/48€247,895€159,024€136,303€103,732€114,525▲ 10.4%
Accrued charges and deferred income492/3€1,750€1,750€1,750---
Line20212022202320242025Change
Profit (loss) for the period9904€34,063€38,872€41,971€24,928€33,246▲ 33.4%
+ Depreciation and write-downs630€41,234€39,602€45,644€47,475€47,559▲ 0.2%
Operating cash flow (approximation)€75,297€78,475€87,616€72,403€80,806▲ 11.6%
Investment in fixed assets (approximation)--€4,484-€51,261€0-€12,706-
Change in cash--€18,510-€52,456€28,952-€22,804▼ 179%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €41,971 ▲8%
Operating result €61,285, net result €41,971, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial Weakest financial yearnet €14,505 ▼60.1%
Net result drops to €14,505, the lowest in the series; recovery starts the following year.
15-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are 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, Zonhoven · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
1,104 m²
Building footprint
213 m²
Volume, LiDAR
1,201 m³
Parcel 71443E0895/00D000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
NATALE
Lemkenshofstraat 3, 3520 ZonhovenReal estate activities
since 19872.034.020.813
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71443E0895/00D000 Flanders 1,104 m² 1 · 213 m² 7.3 m · 2 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CARATT 99.97%
  2. NATALE

Highest known parent: CARATT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded19-12-1986
Fiscal year end31-12
Contact
E-mail natasjadaniels@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0430118685
Also 9925:BE0430118685
Registered 23-10-2025

Register as of 27 September 2026 · Peppol Directory

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