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NEFES TECHNICS

Active
Private limited companyfounded 20214 yrs activeGeraard Mercatorstraat 18, 9000 Gent, BelgiumKBO/BCE: BE 0778.955.431

The computed 12-month bankruptcy probability of NEFES TECHNICS is 2.0% (moderate). The annual accounts of NEFES TECHNICS for fiscal year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €14k and a net result of €-16k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 982 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
37 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-31
Solvency41▼-19
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.19 against 0.32 in 2024; short-term debt: 66.1% and cash: 5% of total assets), and 83.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.4%
Return on assets
-19.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year €-16k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 982 sector peers (2025).
NBB · sector comparison
Position among 982 sector peers
Solvency
better than 18%
← 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 08-06-2026, 53 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
53 d early
2024
51 d early
2023
63 d early
2022
11 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€14k▼ 53.7%
2024 · €30k
2022: €17k 2023: €32k 2024: €30k
2022 → 2025
Total assets
€83k▼ 1.3%
2024 · €85k
2022: €26k 2023: €94k 2024: €85k
2022 → 2025
Net result
€-16k▼ 578%
2024 · €-2k
2022: €12k 2023: €15k 2024: €-2k
2022 → 2025
Working capital
€-45k▼ 133%
2024 · €-19k
2022: €3k 2023: €42k 2024: €-19k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€17k-€32k▲ 84.7%€30k▼ 7.3%€14k▼ 53.7%
Operating result€16k-€21k▲ 36.2%€1k▼ 94.7%€-14k
Net result€12k-€15k▲ 19.1%€-2k€-16k▼ 578%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2022: €16k€16kNet result 2022: €12k€12kOperating result 2023: €21k€21kNet result 2023: €15k€15kOperating result 2024: €1k€1kNet result 2024: €-2k€-2kOperating result 2025: €-14k€-14kNet result 2025: €-16k€-16k2022202320242025
The operating result turns negative in 2025: a loss of €14k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets €73k▼ 2.9%
Current assets €10k▲ 12.1%
Equity and liabilities €83k
Equity €14k▼ 53.7%
Debt €70k▲ 27.1%
The debt ratio rises from 64.9% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €25k
Cash flow
€6k
2024 · €22k
Solvency
16.4%
2024 · 35.1%
Current ratio
0.19
2024 · 0.32
Quick ratio
0.19
2024 · 0.32
Debt / equity
5.08
2024 · 1.85
ROE
-116.1%
2024 · -7.9%
ROA
-19.1%
2024 · -2.8%
Interest coverage
4.06
2024 · 11.59
Debt
€70k
2024 · €55k
Debt ≤ 1 year
€55k
2024 · €28k
Debt > 1 year
€15k
2024 · €26k
Income taxes
€196
2024 · €1k
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€85k€83k
Fixed assets21/28€75k€73k
Tangible fixed assets22/27€75k€73k
Plant, machinery and equipment23€7k€22k
Furniture and vehicles24€66k€49k
Other tangible fixed assets26€3k€2k
Current assets29/58€9k€10k
Amounts receivable within one year40/41€911€6k
Trade receivables40€907€2k
Other amounts receivable41€4€4k
Cash at bank and in hand54/58€8k€4k
Equity and liabilities
Total equity and liabilities10/49€85k€83k
Equity10/15€30k€14k
Contributions10/11€5k€5k=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-2k€-18k
Amounts payable17/49€55k€70k
Amounts payable after more than one year17€26k€15k
Financial debts170/4€26k€15k
Amounts payable within one year42/48€28k€55k
Current portion of amounts payable after more than one year42€11k€12k
Trade debts44€696€35k
Suppliers440/4€696€35k
Taxes, remuneration and social security45€9k€1k
Taxes450/3€9k€1k
Other amounts payable47/48€7k€7k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k
Other operating charges640/8€2k€4k
Gross operating margin9900€28k€13k
Operating profit (loss)9901€1k€-14k
Financial income75/76B€6€27
Recurring financial income75€6€27
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-1k€-16k
Income taxes67/77€1k€196
Profit (loss) for the period9904€-2k€-16k
Profit (loss) for the period to be appropriated9905€-2k€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-18k
Profit (loss) brought forward from the previous period14P-€-2k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €15k ▲19.1%
Operating result €21k, net result €15k, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.71
Current ratio from 1.28 to 2.71.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · 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, Gent
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.

Geraard Mercatorstraat 189000 Gent
Ground area
64 m²
Building footprint
62 m²
Volume, LiDAR
574 m³
Parcel 44021A1912/00P000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A1912/00P000 Flanders 64 m² 1 · 62 m² 14.2 m · 4 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 642 EUR awarded · 609 EUR paid
Year Entries awardedpaid
2025 1 134 EUR134 EUR
2024 1 508 EUR475 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 642 EUR · 609 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,825 companies in sector 42220 we hold annual accounts for 958. 561 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-12-2021
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.