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NATHIECO

Active
Public limited company· 36 yrs active
KBO/BCE: BE 0440.813.827
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Age36 yrs
Staff (FTE)0.8
Real estate2 parcels · 5,469 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for NATHIECO (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show equity of €103k and a net result of €15k.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

2 events
08-12-2025
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 25-11-2025 · Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUSLAAN 5, 1831 DIEGEM · Publications in State Gazette ↗
09-05-2023
Bankruptcy Opening
Date: 02-05-2023 · Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUS- LAAN 5, 1831 DIEGEM · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 14-07-2020, 17 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2019, that is 31-07-2020.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 nothing on record not filed -
31-12-2019 31-07-2020 14-07-2020 17 d early 2020-30400297
31-12-2018 31-07-2019 15-06-2020 320 d late 2020-18600165
31-12-2017 31-07-2018 21-06-2018 40 d early 2018-21700542
31-12-2016 31-07-2017 23-06-2017 38 d early 2017-20800531
31-12-2013 31-07-2014 07-11-2014 99 d late 2014-66800583
31-12-2012 31-07-2013 07-10-2013 68 d late 2013-62300307

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€15k+594.2%
Working capital€103k
Directors1

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 14-07-2020 with the NBB · fiscal year 2019 · volledig
€0€5k€10k€15kOperating result 2018: €8k€8kNet result 2018: €2k€2kOperating result 2019: €14k€14kNet result 2019: €15k€15k20182019
Operating resultNet result
Net profit
€15k
+594.2% 18-19
Total assets
€112k
+23.9% 18-19
Equity
€103k
+14.3% 18-19
Working capital
€103k
- 18-19
Employees (FTE)
1
- 18-19
Debt
€9k
- 18-19
Debt ≤ 1y
€9k
- 18-19
Current ratio
12.86
- 18-19
Quick ratio
12.86
- 18-19
Solvency
92.2%
-7.8% 18-19
ROE
14.6%
+507.5% 18-19
ROA
13.5%
+460.2% 18-19
Figures by fiscal year
Fiscal year2019
Depositvolledig
Revenue-
EBITDA-
Net profit€15k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€112k
Equity€103k
Debt€9k
of which ≤ 1y€9k
of which > 1y-
Working capital€103k
Employees (FTE)0.8
Ratios (computed)
2019
Current ratio12.86
Quick ratio12.86
Working capital ratio92.2%
Solvency92.2%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA13.5%
ROE14.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€112k
Current assets 29/58€112k
Amounts receivable within one year 40/41€112k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€112k
Equity 10/15€103k
Contributions / capital 10/11€88k
Reserves 13€393
Accumulated profits (losses) 14€15k
Amounts payable 17/49€9k
Amounts payable within one year 42/48€9k
Income statement
Gross operating margin 9900€36k
Operating result 9901€14k
Financial charges 65€732
Result before taxes 9903€13k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2019 · computed
23 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2019 and the legal situation the KBO register itself records. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

9 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator WARD VAN MELDERT
KUNSTLAAN 24/9B, 1000 BRUSSEL 1
 02-05-2023 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Public limited company(014)
Incorporation17-04-1990
StatusActive
Postal code-
First BS signal 09-05-2023
Latest BS signal 08-12-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Establishment units

1 location
NATHIECO
Algemene bouw van kantoorgebouwen
since 19902.048.534.486
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,469 m²
Buildings2
Building footprint1,259 m²
Volume (LiDAR)21,854 m³
Tallest building22.4 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23015B0091/00S003 Flanders 4,582 m² 1 · 1,166 m² 22.4 m · 6 fl.
21818A0231/00A002 Brussels 887 m² 1 · 93 m² 7.2 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
08-12-2025
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 25-11-2025 · Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUSLAAN 5, 1831 DIEGEM · Publications in State Gazette ↗
09-05-2023
Bankruptcy Opening
Date: 02-05-2023 · Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUS- LAAN 5, 1831 DIEGEM · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-05-09 · Bankruptcy · Opening2025-12-08 · Bankruptcy · Bankruptcy closure (insufficient assets)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

2 acts
Capital history · 2
05-08-2022
Capital change
25-01-2022
Capital change
All acts · 2 updated 4 years ago
2022
05-08-2022 All shares are now held by a single shareholder Capital & shares
25-01-2022 All shares are now held by a single shareholder Capital & shares

Analysis

Snowflake analysis

financial profile on 5 axes
Health23Profitability73Solvency100Growth78Stability0
55 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 23
Profitability 73
Solvency 100
Growth 78
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL NATHIECO
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.