NATOCA
ActiveSummary
NATOCA has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €14k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 1554 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 2.08 in 2024; short-term debt: 3.7% and cash: 4.4% of total assets), and 19.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.1%
Return on assets
2.1%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
19 d late
2023
20 d early
2022
24 d late
2021
11 d early
2020
2 d early
2019
81 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€512k▲ 2.8%
2024 · €499k
Total assets
€639k▲ 0.2%
2024 · €638k
Net result
€14k▼ 24.4%
2024 · €18k
Working capital
€5k▼ 79.0%
2024 · €22k
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€10k▼ 83.2%€36k▲ 266%€37k▲ 3.8%€31k▼ 17.7%€15k▼ 51.7%
Net result€758▼ 98.3%€15k▲ 1,818%€17k▲ 18.5%€18k▲ 5.2%€14k▼ 24.4%
Equity€449k▲ 1.0%€463k▲ 3.2%€480k▲ 3.7%€499k▲ 3.8%€512k▲ 2.8%
Total assets€649k▼ 2.8%€642k▼ 1.1%€643k▲ 0.2%€638k▼ 0.8%€639k▲ 0.2%
Debt€201k▼ 8.8%€179k▼ 10.8%€163k▼ 8.9%€140k▼ 14.3%€127k▼ 9.1%
Working capital€-6k▲ 66.7%€556€17k▲ 2,881%€22k▲ 34.2%€5k▼ 79.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €639k
Fixed assets
€611k ▲ 2.6%
Current assets
€28k ▼ 34.3%
Equity and liabilities €639k
Equity
€512k ▲ 2.8%
Debt
€127k ▼ 9.1%
Debt's share of the balance-sheet total falls from 21.9% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▼
2024 · €65k
Cash flow
€48k▼
2024 · €53k
Current ratio
1.20▼
2024 · 2.08
Debt to equity
0.25▼
2024 · 0.28
ROE
2.7%▼
2024 · 3.6%
ROA
2.1%▼
2024 · 2.8%
Interest coverage
14.58▼
2024 · 17.86
Debt ≤ 1 year
€23k▲
2024 · €21k
Debt > 1 year
€104k▼
2024 · €119k
Income taxes
€-1k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €32k | €35k | €35k | €34k | ▼ 0.9% |
| Other operating charges640/8 | €1k | €1k | €5k | €5k | €7k | ▲ 42.1% |
| Gross operating margin9900 | €46k | €69k | €77k | €70k | €56k | ▼ 20.1% |
| Operating profit (loss)9901 | €10k | €36k | €37k | €31k | €15k | ▼ 51.7% |
| Financial income75/76B | - | - | - | €61 | €1k | ▲ 1,716% |
| Recurring financial income75 | - | - | - | €61 | €1k | ▲ 1,716% |
| Financial charges65/66B | €5k | €5k | €4k | €4k | €3k | ▼ 7.9% |
| Recurring financial charges65 | €5k | €5k | €4k | €4k | €3k | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €5k | €31k | €33k | €27k | €13k | ▼ 53.6% |
| Income taxes67/77 | €4k | €17k | €16k | €9k | €-1k | ▼ 112% |
| Profit (loss) for the period9904 | €758 | €15k | €17k | €18k | €14k | ▼ 24.4% |
| Profit (loss) for the period to be appropriated9905 | €758 | €15k | €17k | €18k | €14k | ▼ 24.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €649k | €642k | €643k | €638k | €639k | ▲ 0.2% |
| Fixed assets21/28 | €618k | €612k | €598k | €595k | €611k | ▲ 2.6% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €617k | €611k | €598k | €595k | €611k | ▲ 2.6% |
| Land and buildings22 | €615k | €610k | €578k | €580k | €588k | ▲ 1.5% |
| Plant, machinery and equipment23 | €595 | €297 | - | €0 | €0 | - |
| Furniture and vehicles24 | €2k | €1k | €20k | €15k | €23k | ▲ 47.1% |
| Financial fixed assets28 | €463 | €463 | €463 | €463 | €463 | = |
| Current assets29/58 | €31k | €30k | €45k | €43k | €28k | ▼ 34.3% |
| Amounts receivable within one year40/41 | €8k | €12k | €315 | €2k | €0 | ▼ 100% |
| Trade receivables40 | €8k | €12k | - | €2k | - | - |
| Other amounts receivable41 | - | - | €315 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €23k | €18k | €45k | €41k | €28k | ▼ 31.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €649k | €642k | €643k | €638k | €639k | ▲ 0.2% |
| Equity10/15 | €449k | €463k | €480k | €499k | €512k | ▲ 2.8% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €39k | €39k | €39k | €39k | €39k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €24k | €24k | €24k | €24k | €24k | = |
| Distributable reserves133 | €13k | €13k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €390k | €404k | €421k | €440k | €453k | ▲ 3.1% |
| Amounts payable17/49 | €201k | €179k | €163k | €140k | €127k | ▼ 9.1% |
| Amounts payable after more than one year17 | €164k | €149k | €134k | €119k | €104k | ▼ 13.1% |
| Financial debts170/4 | €164k | €149k | €134k | €119k | €104k | ▼ 13.1% |
| Amounts payable within one year42/48 | €37k | €30k | €29k | €21k | €23k | ▲ 13.9% |
| Current portion of amounts payable after more than one year42 | €14k | €14k | €15k | €15k | €16k | ▲ 2.5% |
| Trade debts44 | €2k | €215 | €791 | €1k | - | - |
| Suppliers440/4 | €2k | €215 | €791 | €1k | - | - |
| Taxes, remuneration and social security45 | €1k | €2k | - | €421 | €4k | ▲ 850% |
| Taxes450/3 | €1k | €2k | - | €421 | €4k | ▲ 850% |
| Other amounts payable47/48 | €19k | €13k | €13k | €4k | €4k | ▲ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €758 | €15k | €17k | €18k | €14k | ▼ 24.4% |
| + Depreciation and write-downs630 | €35k | €32k | €35k | €35k | €34k | ▼ 0.9% |
| Operating cash flow (approximation) | €36k | €47k | €52k | €53k | €48k | ▼ 9.0% |
| Investment in fixed assets (approximation) | - | €-26k | €-21k | €-32k | €-50k | ▼ 56.9% |
| Change in cash | - | €-5k | €27k | €-4k | €-13k | ▼ 265% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €512k ▲2.8%
7 profitable years in a row build equity to €512k.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €44k ▲219%
Operating result €59k, net result €44k, both a record.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Deinze · 1 establishment unit since 1982
Ground area
1,192 m²
Building footprint
324 m²
Volume, LiDAR
2,525 m³
Parcel 44011A0691/00E000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Natoca
since 19822.021.011.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011A0691/00E000 | Flanders | 1,191 m² | 1 · 324 m² | 11.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,631 EUR awarded · 1,631 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,631 EUR | 1,631 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
SCHREIBER & FILS
BE 0437.611.045
Welkenraedt · Eq €512,209
BAKKERIJ TOMASSEN
BE 0475.745.804
Genk · Eq €511,603
BAKKERIJ DE SCHUTTER
BE 0890.419.715
Wommelgem · Eq €510,046
La Goutrielle
BE 0418.463.641
Honnelles · Eq €516,228
WINTERS F.J.A.
BE 0871.873.315
Wanze · Eq €507,847
Of 4,225 companies in sector 10712 we hold annual accounts for 1,870. 1,221 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-1982
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Scores and ratios are computed by Checked and are not a credit decision.