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Complete company report
Generated 14-08-2026
Active BE 0440.813.827Public limited company

NATHIECO

· 36 yrs active
Conclusion Checked

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.
Key figures
Equity €103k
Net result €15k
Staff (FTE) 0.8
Active 36 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
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
Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based
20 / 100
Moderate riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 historical bankruptcy publications (+20)
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 0 events
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.
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.

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Computed by Checked from the NBB filing for FY 2019 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview10 NBB filings
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.
Directors & mandates1 person
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
Establishment units 1 location
NATHIECO
Algemene bouw van kantoorgebouwen
since 19902.048.534.486
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-12-2025
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUSLAAN 5, 1831 DIEGEM · event 25-11-2025
2023
09-05-2023
Bankruptcy Opening
Ondernemingsrechtbank Brussel · NATHIECO NV PEGASUS- LAAN 5, 1831 DIEGEM · event 02-05-2023
2022
05-08-2022
State Gazette act Capital & shares
25-01-2022
State Gazette act Capital & shares
2020
14-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
15-06-2020
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
21-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
23-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2014
07-11-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
07-10-2013
NBB filing Annual accounts filed
fiscal year 2012 · verkort
2012
25-06-2012
NBB filing Annual accounts filed
fiscal year 2011 · verkort
2011
15-06-2011
NBB filing Annual accounts filed
fiscal year 2010 · verkort
2010
22-06-2010
NBB filing Annual accounts filed
fiscal year 2009 · verkort
2009
16-06-2009
NBB filing Annual accounts filed
fiscal year 2008 · verkort
Lifecycle & Insolvency Signals 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 ↗
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
Technical details 
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  },
  "act_meta": {
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    "pub_date": null,
    "filing_date": "2022-07-28",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2022-05-16",
    "unanimous": null,
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  "bedrijfsrevisor": null,
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  "co_filed_documents": [],
  "shareholders_after": [
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    },
    {
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      "pct": null,
      "kind": "person",
      "name": "Mr DE GRABLENOFF PAUL",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
25-01-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-01-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2021-11-01",
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  },
  "bedrijfsrevisor": null,
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    "legal_form": "NV",
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  "co_filed_documents": [],
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
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.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative