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Navigator

Active
Private limited companyfounded 2014active for 12 yearsJozef Simonslaan 74, 2520 Ranst, BelgiumKBO/BCE: BE 0544.904.824
Summary

The annual accounts of Navigator for financial year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €29,196 and a net result of -€57,490. Equity has been growing by about 7% per year since 2022. Its solvency ranks better than 26% of 1,829 sector peers (NACE 77, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 30-01-2014 Normal situation
Activity
Rental and leasing activities NACE 77120and 2 others
Establishment unit
2.229.278.645 2520 Ranst, since 30-01-2014
Financial year end
31 March
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • Quinta Strategic Management SàrlDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts to 31-03-2025
Gross margin
€9,129
▼ 78.7%
Turnover
≈ €27,000
estimated
Loss
€57,490
Equity
€29,196
▼ 66.3%
Total assets
€974,262
▲ 479%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFigures for financial year 2025 (filed on 29-10-2025)Loss of €57,490 (financial year 2025)Equity €29,196 (3.0% of total assets)lowers riskSize: total assets €974,262Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 30% of micro companies in rental and leasing (NACE 77)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 28-49
equity 3.0% of total assets
Liquidity 57+3
short-term debt 13.5% · cash 7.7%
Profitability 13-66
return on assets -5.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▼ -0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026 11-2026: 0.9%▲ +0.1 percentage points vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.97 (1.53 in 2024), below 1. Short-term debt is 13.5% and cash 7.7% of total assets. 97% 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 77, micro). It does better than 23% of them on solvency, 70% on liquidity, 17% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 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
lowers risk · Size: total assets €974,262
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 29-10-2025)
NBB · annual accounts
raises risk · Loss of €57,490 (financial year 2025)
NBB · annual accounts
raises risk · Equity €29,196 (3.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
not filed
2025
2 days early
2024
55 days early
2023
18 days early
2022
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 24 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €14,233 in 2024 -€57,490 View
  • Caution: Lower net result than 95% of companies in rental and leasingsector median €5,299 · 1,830 companies -€57,490 View
  • Caution: Directors leftlatest change 10-11-2025 · 1 in office 2 left View

Recent changes

  1. · Gazette deed Resignations: Debruyne Gino (director) and Lantreibecq Cindy (director)Appointment: Quinta Strategic Management Sàrl (director) · Permanent representatives: Debruyne Gino and Lantreibecq Cindy
  2. · Gazette deed Registered office moved from Antwerpen to Oelegem
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Navigator: rental and leasing activities (NACE 77120). They are comparable in size and age: total assets between €237,000 and €1.5m, founded between 2001 and 2018.

CompanyTotal assetsGross margin
Navigator Ranst€1.0m€0.009m
TD LOGISTIC PARK Erpe-Mere€1.2m€0.01m
GVGM Mechelen€1.5m€0.03m
HOME ON WHEELS Diest€0.3m€0.01m
CARCORNER Tenneville€0.7m€0.04m
DVIN Hasselt€0.2m€0.02m
JO-INVEST Wuustwezel€0.3m€0.01m
Full comparison

Key facts about Navigator

What is the company number of Navigator?
The company number of Navigator is 0544.904.824. The VAT number is the same number with BE in front: BE 0544.904.824.
Where is Navigator based?
The registered office is at Jozef Simonslaan 74, 2520 Ranst.Company details
What does Navigator do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77120).
What is the legal form of Navigator?
The legal form of Navigator is Private limited company (BV).
When was Navigator founded?
Navigator was founded on 30-01-2014.
Is Navigator still active?
Yes, Navigator is an active enterprise in the KBO register.
What is the turnover of Navigator?
The turnover in financial year 2025 is ≈ €27,000. This figure is estimated from the gross margin of €9,129 and 48 comparable companies (NACE 77). It probably lies between €19,000 and €54,000. It is a rough estimate.Financials
Is Navigator profitable?
In financial year 2025, Navigator made a loss of €57,490.
Where can I find the annual accounts of Navigator?
Navigator filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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