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Naval Group Belgium

Active
Public limited companyfounded 2019active for 6 yearsBischoffsheimlaan 15, 1000 Brussel, BelgiumKBO/BCE: BE 0739.637.668
Summary

Naval Group Belgium has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €1.0m. Equity has been growing by about 9.5% per year since 2020. Its solvency ranks better than 31% of 210 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-12-2019 Normal situation
Registered office
61 active companies are registered at this address 8 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Other professional, scientific and technical activities NACE 74999and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.297.590.795 1000 Brussel, since 16-12-2019
2.355.651.334 8380 Brugge, since 01-03-2024and 1 other
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board
Auditor
Mazars Réviseurs d'entreprises SRL
Shareholders
  • NAVAL GROUPLEI register

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€5.1m
▲ 80.9%
Turnover
≈ €8.8m
estimated
Profit
€1.0m
▲ 289%
Equity
€3.6m
▲ 40.7%
Total assets
€16.6m
▲ 18.4%
Employees on 31-12-2025
32
▲ 33.3%
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Other professional, scientific and technical activities (NACE 74)Figures for financial year 2025 (filed on 26-06-2026)Size: 31 FTE, total assets €16.6mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of small companies in other professional activities (NACE 74)
Financial strength · tick: 2024
Average
Solvency 47+4
equity 21.8% of total assets
Liquidity 45-13
short-term debt 28.5% · cash 5.6%
Profitability 77+16
return on assets 6.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (188 companies, NACE 74, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.3 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.27 (3.48 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 5.6% of total assets. However, 78.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, small). It does better than 25% of them on solvency, 34% on liquidity, 68% on profitability and 84% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
lowers risk · Figures for financial year 2025 (filed on 26-06-2026)
NBB · annual accounts
lowers risk · Size: 31 FTE, total assets €16.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
35 days early
2024
44 days early
2023
41 days early
2022
45 days early
2021
47 days early
2020
95 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 51 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €269,834 to €1.0m ▲ 289% View
  • Caution: Board changedlatest change 20-03-2026 · 1 in office 1 joined · 5 left View
  • Positive: Higher net result than 94% of companies in other professional activitiessector median €8,252 · 210 companies €1.0m View
  • EU supportawarded from 2021 to 2025 €9.2m View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Resignation: Guy BATTISTELLA (directeur général)Appointment: Bruno CHAPELAND (directeur général)
  2. · Gazette deed Resignation: Nicolas GASPARD (directeur général)Appointment: Guy Battistella (managing director)
  3. · Gazette deed Resignations: Géraldine LE MAIRE, Christophe RIBOULLEAU and 2 othersReappointments: Géraldine LE MAIRE, Christophe RIBOULLEAU and 2 others
All 25 events

Comparable companies

These companies have the same main activity as Naval Group Belgium: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €7.8m and €30m, founded between 2008 and 2022.

CompanyTotal assetsGross margin
Naval Group Belgium Brussel€16.6m€5.1m
SOLITHOR Sint-Truiden€13.6m€2.3m
nanoGrid Aalst€13.2m€5.1m
ELYSIA Seraing€8.0m€3.4m
Biometh Quality Product Farciennes€13.2m€3.5m
ProDigest Gent€7.8m€4.2m
Swave Leuven€29.9m€1.3m
Full comparison

Key facts about Naval Group Belgium

What is the company number of Naval Group Belgium?
The company number of Naval Group Belgium is 0739.637.668. The VAT number is the same number with BE in front: BE 0739.637.668.
Where is Naval Group Belgium based?
The registered office is at Bischoffsheimlaan 15, 1000 Brussel.Company details
What does Naval Group Belgium do?
According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
What is the legal form of Naval Group Belgium?
The legal form of Naval Group Belgium is Public limited company (NV).
When was Naval Group Belgium founded?
Naval Group Belgium was founded on 16-12-2019.
Is Naval Group Belgium still active?
Yes, Naval Group Belgium is an active enterprise in the KBO register.
How many employees does Naval Group Belgium have?
Naval Group Belgium had an average of 31 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Naval Group Belgium fall under?
In its 2025 annual accounts, Naval Group Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Naval Group Belgium?
The turnover in financial year 2025 is ≈ €8.8m. This figure is estimated from the gross margin of €5.1m and 1,584 comparable companies of the same size. It probably lies between €5.9m and €14.0m. It is a rough estimate.
Is Naval Group Belgium profitable?
In financial year 2025, Naval Group Belgium made a profit of €1.0m.
Where can I find the annual accounts of Naval Group Belgium?
Naval Group Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Naval Group Belgium due?
Naval Group Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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