NBTEC
ActiveThe computed 12-month bankruptcy probability of NBTEC is 1.9% (moderate). The 2025 annual accounts show equity of €250 and a net result of €41k. Equity is shrinking by ~28.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 1304 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1304 sector peers (2025).
NBB · sector comparisonPosition among 1304 sector peers
Solvency
better than 10%
← weakest
strongest →
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 25-05-2026, 67 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
67 d early
2024
19 d early
2023
13 d early
2022
50 d early
2021
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€250=
2024 · €250
2021: €26k
2022: €39k
2023: €67k
2024: €250
2021 → 2025
Total assets
€40k▲ 19.3%
2024 · €34k
2021: €41k
2022: €63k
2023: €91k
2024: €34k
2021 → 2025
Net result
€41k▲ 173%
2024 · €15k
2021: €26k
2022: €13k
2023: €28k
2024: €15k
2021 → 2025
Working capital
€-413▲ 57.0%
2024 · €-961
2021: €24k
2022: €36k
2023: €65k
2024: €-961
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€39k▲ 50.2%€67k▲ 70.7%€250▼ 99.6%€250=
Operating result€36k-€20k▼ 43.9%€38k▲ 87.8%€25k▼ 33.5%€61k▲ 145%
Net result€26k-€13k▼ 49.3%€28k▲ 112%€15k▼ 45.5%€41k▲ 173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 145% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€663▼ 45.2%
Current assets
€40k▲ 21.7%
Equity and liabilities €40k
Equity
€250=
Debt
€40k▲ 19.4%
The debt ratio rises from 99.3% to 99.4%. Debt is higher.
Key figures and ratios
EBITDA
€62k▲
2024 · €26k
Cash flow
€42k▲
2024 · €16k
Solvency
0.6%▼
2024 · 0.7%
Current ratio
0.99▲
2024 · 0.97
Quick ratio
0.99▲
2024 · 0.97
ROA
102.6%▲
2024 · 44.8%
Interest coverage
21.77▲
2024 · 11.23
Debt
€40k▲
2024 · €33k
Debt ≤ 1 year
€40k▲
2024 · €33k
Income taxes
€17k▲
2024 · €8k
Equity ratios withheld: equity of €250 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€34k€40k▲
Fixed assets21/28€1k€663▼
Tangible fixed assets22/27€1k€663▼
Furniture and vehicles24€1k€663▼
Current assets29/58€32k€40k▲
Amounts receivable within one year40/41€17k€11k▼
Trade receivables40€13k€11k▼
Other amounts receivable41€3k€342▼
Cash at bank and in hand54/58€16k€29k▲
Equity and liabilities
Total equity and liabilities10/49€34k€40k▲
Equity10/15€250€250=
Contributions10/11€250€250=
Amounts payable17/49€33k€40k▲
Amounts payable within one year42/48€33k€40k▲
Trade debts44€611€149▼
Suppliers440/4€611€149▼
Taxes, remuneration and social security45€18k€15k▼
Taxes450/3€18k€15k▼
Other amounts payable47/48€15k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705€548▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€9k-
Gross operating margin9900€37k€63k▲
Operating profit (loss)9901€25k€61k▲
Financial income75/76B€48€229▲
Recurring financial income75€48€229▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€23k€59k▲
Income taxes67/77€8k€17k▲
Profit (loss) for the period9904€15k€41k▲
Profit (loss) for the period to be appropriated9905€15k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€41k▼
Profit (loss) brought forward from the previous period14P€67k-
Profit to be distributed694/7€82k€41k▼
Return on contributions (dividend)694€82k€41k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €41k ▲173%
Operating result €61k, net result €41k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €13k ▼49.3%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hogenakkerstraat 1009100 Sint-NiklaasGround area
193 m²
Building footprint
81 m²
Volume, LiDAR
399 m³
Parcel 46445D1509/00F002, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NBTEC
since 20212.311.298.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1509/00F002 | Flanders | 193 m² | 1 · 81 m² | 9.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 12 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2020
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:Noureddine.belhaj92@gmail.com
Phone:0477962012