NAUTINSTRUCT
ActiveNAUTINSTRUCT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €10k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 2042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-16
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 9.31 against 6.67 in 2024; short-term debt: 10.6% and cash: 39.6% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
89.4%
Return on assets
11.6%
Age of the figures
9 mo
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
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
45 d early
2023
79 d early
2022
51 d early
2021
57 d early
2020
2 d early
2019
113 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 14.9%
2024 · €67k
2018: €-415
2019: €21k
2020: €26k
2021: €41k
2022: €50k
2023: €65k
2024: €67k
2018 → 2025
Total assets
€86k▲ 9.3%
2024 · €78k
2018: €41k
2019: €27k
2020: €35k
2021: €49k
2022: €57k
2023: €65k
2024: €78k
2018 → 2025
Net result
€10k▼ 47.5%
2024 · €19k
2018: €18k
2019: €21k
2020: €6k
2021: €15k
2022: €9k
2023: €15k
2024: €19k
2018 → 2025
Working capital
€75k▲ 13.3%
2024 · €67k
2018: €18k
2019: €20k
2020: €26k
2021: €38k
2022: €48k
2023: €64k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€50k▲ 21.9%€65k▲ 29.0%€67k▲ 3.0%€76k▲ 14.9%
Operating result€22k-€14k▼ 37.6%€18k▲ 29.7%€24k▲ 35.1%€14k▼ 42.2%
Net result€15k-€9k▼ 38.9%€15k▲ 61.5%€19k▲ 30.3%€10k▼ 47.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€1k
Current assets
€84k
Equity and liabilities €86k
Equity
€76k▲ 14.9%
Debt
€9k▼ 22.7%
The debt ratio falls from 15.0% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €25k
Cash flow
€10k▼
2024 · €20k
Solvency
89.4%▲
2024 · 85.0%
Current ratio
9.31▲
2024 · 6.67
Quick ratio
9.31▲
2024 · 6.67
Debt / equity
0.12▼
2024 · 0.18
ROE
13.0%▼
2024 · 28.4%
ROA
11.6%▼
2024 · 24.2%
Interest coverage
63.17▼
2024 · 116.95
Debt
€9k▼
2024 · €12k
Debt ≤ 1 year
€9k▼
2024 · €12k
Income taxes
€5k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€78k€86k▲
Fixed assets21/28€0€1k▲
Tangible fixed assets22/27€0€1k▲
Furniture and vehicles24€0€1k▲
Current assets29/58€78k€84k▲
Amounts receivable within one year40/41€943€452▼
Trade receivables40€0-
Other amounts receivable41€943€452▼
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€27k€34k▲
Deferred charges and accrued income490/1€53€109▲
Equity and liabilities
Total equity and liabilities10/49€78k€86k▲
Equity10/15€67k€76k▲
Contributions10/11€30k€30k=
Reserves13€40k€46k▲
Distributable reserves133€40k€46k▲
Profit (loss) carried forward14€-4k€239▲
Amounts payable17/49€12k€9k▼
Amounts payable within one year42/48€12k€9k▼
Trade debts44€520€960▲
Suppliers440/4€520€960▲
Other amounts payable47/48€11k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€765€414▼
Other operating charges640/8€513€528▲
Gross operating margin9900€25k€15k▼
Operating profit (loss)9901€24k€14k▼
Financial income75/76B€2k€778▼
Recurring financial income75€2k€778▼
Financial charges65/66B€213€227▲
Recurring financial charges65€213€227▲
Profit (loss) for the period before taxes9903€25k€14k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€19k€10k▼
Profit (loss) for the period to be appropriated9905€19k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€6k▲
Profit (loss) brought forward from the previous period14P€-23k€-4k▲
Transfer from equity791/2€17k€0▼
Transfer to equity691/2-€6k
To other reserves6921-€6k
Profit to be distributed694/7€17k€0▼
Return on contributions (dividend)694€17k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 34current ratio 293.24
Current ratio from 8.52 to 293.24; short-term debt falls from €6k to €218.
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-06
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
Weakest financial yearnet €6k ▼74.1%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
21-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 113 days late
2019
31-12
Financial
Highest result since 2018net €21k ▲20.4%
Operating result €24k, net result €21k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.58
Current ratio from 1.85 to 4.58; short-term debt falls from €21k to €6k.
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Harelbeke · 1 establishment unit since 2012
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.
Overleiestraat 1048530 HarelbekeGround area
700 m²
Building footprint
152 m²
Volume, LiDAR
678 m³
Parcel 34323D0073/00L002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NAUTINSTRUCT
since 20122.207.044.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D0073/00L002 | Flanders | 700 m² | 1 · 152 m² | 8.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 293 companies in sector 85532 we hold annual accounts for 83. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2012
Fiscal year end31-12
Activities, NACEBEL
85532Education
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.