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NAVY BLACK

Active
Private limited companyfounded 2005active for 20 yearsLouis Lepoutrelaan 89, 1050 Elsene, BelgiumKBO/BCE: BE 0877.505.649
Summary

NAVY BLACK has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€178,615) and a net result of -€15,198. Equity has been shrinking by about 18% per year since 2018. Its solvency ranks better than 12% of 145 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 25-11-2005 Normal situation
Activity
Manufacture of chemicals and chemical products NACE 20420
Establishment unit
2.153.157.005 1190 Vorst, since 01-03-2006
Financial year end
31 December
Peppol
Reachable since 16-10-2026

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€14,666
▲ 30.5%
Loss
€15,198
▼ 28.9%
Equity
-€178,615
▼ 9.3%
Total assets
€149,241
▲ 9.3%
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Filed on 08-06-2026, 53 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€178,615Loss of €15,198, the second in a row (financial year 2025)lowers riskSize: total assets €149,241Founded in 2005Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 19% of micro companies in chemicals (NACE 20)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -119.7% of total assets
Liquidity 1+1
short-term debt 219.7% · cash 0.9%
Profitability 12+12
return on assets -10.2%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (355 companies, NACE 20, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025lowest value 07-2025: 2.0%▲ +0.8 percentage points vs 06-2025highest value 08-2025: 2.0%● unchanged vs 07-2025highest value 09-2025: 2.0%● unchanged vs 08-2025highest value 10-2025: 2.0%● unchanged vs 09-2025highest value 11-2025: 2.0%● unchanged vs 10-2025highest value 12-2025: 2.0%● unchanged vs 11-2025highest value 01-2026: 2.0%● unchanged vs 12-2025highest value 02-2026: 2.0%● unchanged vs 01-2026highest value 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 1.9%▼ -0.1 percentage points vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▼ -0.4 percentage points vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.33 (0.34 in 2024), below 1. Short-term debt is 219.7% and cash 0.9% of total assets. Equity is negative.
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 20, micro). It does better than 10% of them on solvency, 4% on liquidity, 29% on profitability and 33% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €149,241
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 · Negative equity -€178,615
NBB · annual accounts
raises risk · Loss of €15,198, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€178,615
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
41 days early
2023
42 days early
2022
35 days early
2021
31 days early
2020
5 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% 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 20 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€178,615 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€15,198 View
  • Caution: Less equity than 91% of companies in chemicalssector median €17,500 · 146 companies -€178,615 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: DEWAVRIN Gilles Christian Henri Robert (manager)Reappointment: DEWAVRIN Gilles Christian Henri Robert (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as NAVY BLACK: manufacture of chemicals and chemical products (NACE 20420). They are comparable in size and age: total assets between €24,300 and €574,000, founded between 2007 and 2015.

CompanyTotal assetsGross margin
NAVY BLACK Elsene€149,241-€14,666
Tara Quintessence Nivelles€88,652-€12,788
Organic Factory Vorst€62,780-€4,197
SYGIBEL Elsene€573,750-€110,367
ECO BIEN ETRE Sint-Lambrechts-Woluwe€38,358-€1,645
Laboratoire DIPO Etterbeek€24,259€1,000
REVOLUTIONARY Sint-Pieters-Woluwe€109,465€11,630
Full comparison

Key facts about NAVY BLACK

What is the company number of NAVY BLACK?
The company number of NAVY BLACK is 0877.505.649. The VAT number is the same number with BE in front: BE 0877.505.649.
Where is NAVY BLACK based?
The registered office is at Louis Lepoutrelaan 89, 1050 Elsene.Company details
What does NAVY BLACK do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20420).
What is the legal form of NAVY BLACK?
The legal form of NAVY BLACK is Private limited company (BV).
When was NAVY BLACK founded?
NAVY BLACK was founded on 25-11-2005.
Is NAVY BLACK still active?
Yes, NAVY BLACK is an active enterprise in the KBO register.
What is the turnover of NAVY BLACK?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is NAVY BLACK profitable?
In financial year 2025, NAVY BLACK made a loss of €15,198.
Where can I find the annual accounts of NAVY BLACK?
NAVY BLACK filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NAVY BLACK due?
NAVY BLACK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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