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NCAB Group Belgium

Active
Private limited companyfounded 1989active for 37 yearsKerkhovensesteenweg 420, 3920 Lommel, BelgiumKBO/BCE: BE 0437.112.484
Summary

NCAB Group Belgium has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,790 and a net result of €36,128. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 90% of 9,787 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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NCAB Group BelgiumActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of electrical equipment, including installation materials
NACE 46643Wholesale of information and communication equipment NACE 46500
1 site
Size
≈ €890,000turnover 2025, estimated
Staff
1.3 FTE
Equity
€155,790
Profit
€36,128
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
3PD · 100%
Board
4 members
2025 accounts 32 days early4 of 7 deeds summarised
Why 98lowers riskFounded in 1989Liquidity: current ratio 6.65, cash €29,145, halvedEquity €155,790 (87.8% of total assets)Figures for financial year 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 83% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+9
equity 87.8% of total assets
Liquidity 69-9
short-term debt 12.2% · cash 16.4%
Profitability 94+50
return on assets 20.4%
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 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.65, compared with 2.51 in 2024, above the usual 1.5; short-term debt: 12.2% and cash: 16.4% of total assets), and 12.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 74% on liquidity, 87% on profitability and 82% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 6.65, cash €29,145, halved
NBB · annual accounts
lowers risk · Equity €155,790 (87.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
29 days late
2023
26 days late
2022
29 days late
2021
12 days early
2020
17 days early
2019
21 days 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 on the deadline day; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 27 August (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than doubledcurrent ratio 6.65
  3. Equity above €150,000equity €155,790 ▲30.2%

Key points

  • Positive: Among the best 10% on solvencysector median 43.1% · 9,787 companies 87.8% View
  • Controlled by 3PD 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €36,128 5 years View

By topic

Financials

Financial year
2025
Total assets
€177,418
Profit
€36,128
Solvency
87.8%
Total assets▼ 2.7%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
3PD · 100%
  • Anders ForsénDirector
  • Peter KRUKDirector
  • Gert PeetersDirector
  • Timothy BenjaminDirector
Go to Board & ownership

Timeline

Events
47
Since
1990
Next accounts
by 31-07-2027
  1. 29-08-2025Annual accounts filed
  2. 27-11-2024Resignations: Forsén Anders Erik (director) and Gert…
  3. 26-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643
Founded
28-03-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about NCAB Group Belgium

What is the company number of NCAB Group Belgium?
0437.112.484. In Belgium the VAT number is the company number with BE in front: BE 0437.112.484.
Where is NCAB Group Belgium based?
The registered office is at Kerkhovensesteenweg 420, 3920 Lommel.Company details
What does NCAB Group Belgium do?
According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
What is the legal form of NCAB Group Belgium?
Private limited company (BV).
When was NCAB Group Belgium founded?
On 28-03-1989.
Is NCAB Group Belgium still active?
Yes, NCAB Group Belgium is an active enterprise in the KBO register.
How many employees does NCAB Group Belgium have?
On average 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NCAB Group Belgium?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NCAB Group Belgium profitable?
In financial year 2025, NCAB Group Belgium made a profit of €36,128.
Where can I find the annual accounts of NCAB Group Belgium?
NCAB Group Belgium filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NCAB Group Belgium due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to NCAB Group Belgium

Parent and group

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