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NAVRO

Active
Private limited companyfounded 2015active for 11 yearsRue Tienne Saint Gilles 130, 6010 Charleroi, BelgiumKBO/BCE: BE 0641.817.821

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of NAVRO is 2.9% (moderate). The 2024 annual accounts show equity of €207,155 and a net result of €47,364. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 50% of 3,536 sector peers (NACE 43, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 22-10-2015 Normal situation
Activity
Bricklaying and masonry work NACE 43910and 5 others
Establishment unit
2.246.748.840 6010 Charleroi, since 22-10-2015
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • DOBIE IoanDirector · since 22-10-2015

Financial position

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2024
Gross margin
€102,611
Turnover
≈ €450,000
estimated
Profit
€47,364
Equity
€207,155
▲ 29.6%
Total assets
€517,650
▼ 4.4%
Staff
≈ 0.3 FTE
estimated
2025 accounts not filed, 93 days past the deadline
Filed on 03-10-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 06-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 64 days late; 3 of the last 3 accounts lateLiquidity: current ratio 2.06, cash €18,239lowers riskSize: total assets €517,650Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Average
Solvency 65+10
equity 40.0% of total assets
Liquidity 38+7
short-term debt 35.7% · cash 3.5%
Profitability 68+54
return on assets 9.1%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.7%▼ -0.1 percentage points vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.3 percentage points vs 07-2025 09-2025: 2.3%▲ +0.3 percentage points vs 08-2025 10-2025: 3.3%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 1.5%▼ -1.8 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.4%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.3 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026 10-2026: 2.9%▲ +1.0 percentage point vs 09-2026
Credit of up to €10,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.06 (1.59 in 2023), above the usual 1.5. Short-term debt is 35.7% and cash 3.5% of total assets. However, 60% 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 43, micro). It does better than 43% of them on solvency, 27% on liquidity, 34% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 06-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 64 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €517,650
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 · Liquidity: current ratio 2.06, cash €18,239
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 64 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
64 days late
2023
71 days late
2022
58 days late
2021
60 days late
2020
61 days late
2019
85 days late
← 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 67 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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

  • Positive: Back in profit in 2024after a loss of €21,532 in 2023 €47,364 View
  • Caution: A director leftlatest change 25-09-2026 · 1 in office 1 left View

Comparable companies

These companies have the same main activity as NAVRO: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €446,000 and €522,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
NAVRO Charleroi€517,650€102,611
BUK Anderlecht€521,980€121,841
S.A.L. Beringen€455,883€87,919
Verhaeghe Jonathan Wingene€456,580€120,366
CASTAGNA CONSTRUCT La Louvière€446,686€90,036
BART LIEVENS Lichtervelde€446,456€90,515
MJ Works Lille€451,787€126,045
Full comparison

Documents

Annual accounts at the NBB

All 9 annual accounts

Articles and registers

Key facts about NAVRO

What is the company number of NAVRO?
The company number of NAVRO is 0641.817.821. The VAT number is the same number with BE in front: BE 0641.817.821.
Where is NAVRO based?
The registered office is at Rue Tienne Saint Gilles 130, 6010 Charleroi.Company details
What does NAVRO do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of NAVRO?
The legal form of NAVRO is Private limited company (BV).
When was NAVRO founded?
NAVRO was founded on 22-10-2015.
Is NAVRO still active?
Yes, NAVRO is an active enterprise in the KBO register.
What is the turnover of NAVRO?
The turnover in financial year 2024 is ≈ €450,000. This figure is estimated from the gross margin of €102,611 and 81 comparable companies (NACE 439). It probably lies between €270,000 and €760,000.Financials
Is NAVRO profitable?
In financial year 2024, NAVRO made a profit of €47,364.
Where can I find the annual accounts of NAVRO?
NAVRO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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