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NB Solution

Active Private limited companyfounded 2021active for 5 yearsCyriel Buyssestraat 10, 9160 LokerenKBO/BCE: BE 0761.501.468

Lifetime

5 annual accounts with figures on one time axis
peak €108,019 (2023)
€11,199▼ 79.7%
lowest -€2,954 (2022)
€3,529▼ 69.6%
peak €37,690 (2023)
€7,840▼ 67.8%
€73,799▼ 4.6%
Board1 name since 2021
1 director
Documentsfilings and deeds
20-06-202641 days before the deadline
2025micro format
Gross margin from €55,213 to €11,199Result from €11,622 to €3,529Dividend €20,000Equity from €24,311 to €7,840Cash from €4,831 to €615

Key points

from the 2025 annual accounts

Equity

€7,840 ▼ 67.8%
24,3112024+3,529Profit-20,000Dividend7,8402025

NB Solution paid out €20,000 in dividends. That is 567% of the 2025 profit.

Turnover

≈ €85,000 estimated

The micro format states no turnover.

Debts

€73,799 90% of the balance sheet
Suppliers 61%Taxes and wages 17%Other 22%

Filings

5 annual accounts 1 late
AprilJune31 JulyOctober20222024

The 2024 accounts came 10 days late. The other four were filed on time.

Position in the sector

9.6%

Lower solvency than 85% of companies in civil engineering. Sector median 44.8% · 1,351 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,250 companies had the same profile as NB Solution has now. Each dot stands for 4 companies, two years later.

94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,250 companies, not a prediction for NB Solution. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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

Signals

Board and ownership

Director
  • 100 sharesdeed of 14-01-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0761501468
Incorporation Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 14-01-2021 · Gazette deed
First establishment Cyriel Buyssestraat 10, Lokeren
All 10 events

Comparable companies

same main activity, similar in size and age
Company
NB Solution Lokeren €81,639 €11,199 9.6% -
NEFES TECHNICS Ghent €83,425 €12,631 16.4% -
SyncroTex Antwerp €83,609 €12,233 60.1% -
GEEREN TECHNICS Knokke-Heist €109,289 €10,418 76.7% -
SAFA TECH Lokeren €93,817 €14,706 32.9% -
REDOT Lokeren €82,796 €19,001 64.6% -
Brali Technics Lebbeke €63,057 €11,109 57.4% -

These companies have the same main activity as NB Solution: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €63,100 and €109,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 12-01-2021Normal situation
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220and 1 other
Establishment unit
2.312.028.8509160 Lokeren, since 12-01-2021
Financial year end
31 December
Peppol
Reachable since 17-06-2025
Company details

Annual accounts 2025

€81,639▼ 19.7%
Filing
Filed on 20-06-2026, 41 days before the end of the filing period
Financials

Insights on NB Solution

NB Solution files the micro format. That format states no turnover. The gross margin rose from €10,667 in 2021 to €11,199 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NB Solution

What is the company number of NB Solution?
The company number of NB Solution is 0761.501.468. The VAT number is the same number with BE in front: BE 0761.501.468.
Where is NB Solution based?
The registered office is at Cyriel Buyssestraat 10, 9160 Lokeren.Company details
What does NB Solution do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of NB Solution?
NB Solution is a private limited company (BV).
When was NB Solution founded?
NB Solution was founded on 12-01-2021.
Is NB Solution still active?
Yes, NB Solution is an active enterprise in the KBO register.
How many employees does NB Solution have?
NB Solution had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of NB Solution?
The turnover in financial year 2025 is ≈ €85,000. This figure is estimated from the gross margin of €11,199 and 6,298 comparable companies of the same size. It probably lies between €39,000 and €200,000. It is a rough estimate.
Is NB Solution profitable?
In financial year 2025, NB Solution made a profit of €3,529.
Where can I find the annual accounts of NB Solution?
NB Solution filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NB Solution due?
NB Solution must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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