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NAX

Active
Public limited companyfounded 199828 yrs activeFaiderstraat 46, 1050 Elsene, BelgiumKBO/BCE: BE 0462.935.072
Summary

NAX has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,206 and a net result of -€915. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 1082 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
NAXActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Office administrative and support services
NACE 82100NACE 74851NACE 82190
1 site
Size
€141,943total assets 2025
Equity
€45,206
Loss
-€915
Financial health
91 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 39 d early0 of 6 deeds read
Why 91+ Size: total assets €141,943+ Liquidity: current ratio 0.23, cash €18,515+ Founded in 1998+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 26% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 57+1
equity 31.8% of total assets
Liquidity 30-3
short-term debt 68.2% · cash 13.0%
Profitability 18=
return on assets -0.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (12,453 companies)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.4%▼ -2.9% vs 11-2024 01-2025: 0.3%▼ -21.3% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%● 0.0% vs 03-2025 05-2025: 0.3%● 0.0% vs 04-2025 06-2025: 0.3%● 0.0% vs 05-2025 07-2025: 0.3%● 0.0% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%▲ +5.5% vs 09-2025 11-2025: 0.3%▲ +6.2% vs 10-2025 12-2025: 0.3%▼ -4.0% vs 11-2025 01-2026: 0.1%▼ -60.8% vs 12-2025 02-2026: 0.1%▼ -24.4% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%▼ -7.5% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -1.2% vs 06-2026 08-2026: 0.1%▼ -9.4% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%▲ +6.5% vs 09-2026
  • Size: total assets €141,943 lowers the probability for this profile
  • Liquidity: current ratio 0.23, cash €18,515 lowers the probability
  • Founded in 1998 lowers the probability for this profile
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.27 in 2024; short-term debt: 68.2% and cash: 13% of total assets), and 68.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 37%, liquidity 17%, profitability 16%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €141,943
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.23, cash €18,515
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1998
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
46 d early
2023
49 d early
2022
60 d early
2021
33 d early
2020
27 d early
2019
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 16 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close03-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Among the weakest 17% on equitysector median €920,644 · 1,082 companies €45,206 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€915 View

By topic

Financials

Fiscal year
2025
Total assets
€141,943
Loss
-€915
Solvency
31.8%
Total assets▼ 3.6%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-01-2027
  1. 23-12-2025Annual accounts filed
  2. 16-12-2024Annual accounts filed
  3. 13-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Office administrative and support servicesNACE 82100
Founded
23-03-1998
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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