NEXTTECH
ActiveSummary
The computed 12-month bankruptcy probability of NEXTTECH is 2.4% (moderate). The 2025 annual accounts show negative equity (-€7,469) and a net result of €4,467. Its solvency ranks better than 17% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€7,469
- Profit
- €4,467
Why 52raises riskFounded in 2024Negative equity -€7,469lowers riskLiquidity: current ratio 0.73, cash €13,434Figures for financial year 2025 (filed 29-05-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro): better than 15% on solvency, 30% on liquidity, 42% on profitability and 82% on growth.
The bankruptcy probability was computed on 18-10-2026 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
This company filed its last 2 accounts on average 81 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €4,467
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €4,417 after a loss of €13,928 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,017 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89.2% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,017 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1,334 | €884 | ▼ 33.8% |
| Gross operating margin9900 | -€12,594 | €5,300 | - |
| Operating profit (loss)9901 | -€13,928 | €4,417 | - |
| Financial income75/76B | €13 | €161 | ▲ 1,164% |
| Recurring financial income75 | €13 | €161 | ▲ 1,164% |
| Financial charges65/66B | €21 | €111 | ▲ 427% |
| Recurring financial charges65 | €21 | €111 | ▲ 427% |
| Profit (loss) for the period before taxes9903 | -€13,937 | €4,467 | - |
| Profit (loss) for the period9904 | -€13,937 | €4,467 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,937 | €4,467 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €33,373 | €51,072 | ▲ 53.0% |
| Fixed assets21/28 | €8,550 | €8,550 | = |
| Financial fixed assets28 | €8,550 | €8,550 | = |
| Current assets29/58 | €24,823 | €42,522 | ▲ 71.3% |
| Stocks and contracts in progress3 | €15,000 | €15,900 | ▲ 6.0% |
| Stocks30/36 | €15,000 | €15,900 | ▲ 6.0% |
| Amounts receivable within one year40/41 | €669 | €11,585 | ▲ 1,632% |
| Trade receivables40 | €669 | €11,585 | ▲ 1,632% |
| Cash at bank and in hand54/58 | €5,872 | €13,434 | ▲ 129% |
| Deferred charges and accrued income490/1 | €3,282 | €1,603 | ▼ 51.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €33,373 | €51,072 | ▲ 53.0% |
| Equity10/15 | -€11,937 | -€7,469 | ▲ 37.4% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€13,937 | -€9,469 | ▲ 32.1% |
| Amounts payable17/49 | €45,309 | €58,541 | ▲ 29.2% |
| Amounts payable within one year42/48 | €45,309 | €58,541 | ▲ 29.2% |
| Trade debts44 | €2,226 | €3,079 | ▲ 38.3% |
| Suppliers440/4 | €2,226 | €3,079 | ▲ 38.3% |
| Taxes, remuneration and social security45 | €4,181 | €12,636 | ▲ 202% |
| Taxes450/3 | €4,181 | €12,636 | ▲ 202% |
| Other amounts payable47/48 | €38,902 | €42,826 | ▲ 10.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€13,937 | €4,467 | - |
| Operating cash flow (approximation) | -€13,937 | €4,467 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €7,562 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00126093 |
| 31-12-2024 | micro format | 23-04-2025 | 2025-00073452 |
Similar companies · same sector and region
Subsidies and aid
Flemish government
2025 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
12-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 26-11-2024
- Registered-office move, Oudenaardsestraat 11,9500 Geraardsbergen
12-07
Gazette deed
IncorporationAppointments: Sher NOORZAD (director) and Sakhi NOORZAD (director) · Permanent representative: Sher NOORZAD · Registered office clause10 facts ▸
- Registered office clause, “9500 Geraardsbergen,Oudenaardsestraat 9” (deed in Dutch)
- Director appointment, Sher NOORZAD (director (not named in the articles))
- Director appointment, Sakhi NOORZAD (director (not named in the articles))
- Permanent representative, Sher NOORZAD (vaste vertegenwoordiger voor uitoefening bestuursmandaten door de vennootschap)
- Pre-incorporation commitments, “takeover, verbintenissen in naam van vennootschap in oprichting” (deed in Dutch)
- Founder, NOORZAD Sher Ahmad (eenvoudige inschrijver)
- Founder, Sakhi NOORZAD
- Incorporation, 08-07-2024
- Founding capital, €2,000
- Bank account, 2000, EUR
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23322L0238/00M000 | Flanders | 349 m² | 1 · 146 m² | 14.5 m · 2 |
| 41018A0377/00C000 | Flanders | 332 m² | 1 · 147 m² | 10.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Handelsbemiddeling in goederen, algemeen assortiment; Import, export, aan- en verkoop, handelsbemiddeling van alle voertuigen in de ruimste…” (deed in Dutch)
36 activities (deed in Dutch)
- Handelsbemiddeling in goederen, algemeen assortiment.
- Import, export, aan- en verkoop, handelsbemiddeling van alle voertuigen in de ruimste zin van het woord, waaronder aanhangwagens en opleggers.
- Import, export, aan- en verkoop, handelsbemiddeling van alle goederen in de ruimste zin van het woord.
- Kleinhandel in computers en standaardprogrammatuur.
- Kleinhandel in kantoormaterieel en -meubelen.
- Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels.
- Kleinhandel in audio en videoapparatuur voor huishoudelijk gebruik zoals radio- en televisietoestellen, videoweergave-toestellen, videocamera’s, hifimateriaal, enzovoort.
- Kleinhandel in artikelen, andere dan voedingsmiddelen, niet eerder gemeld onder meer: telefoonkaarten.
- Kleinhandel in allerlei producten per postorder; de goederen worden naar de koper gezonden, nadat deze zijn keuze heeft gemaakt aan de hand van advertenties, al dan niet gespecialiseerde catalogi, enzovoort.
- Detailhandel in allerlei producten via het internet (e-commerce).
- Overige telecommunicatie.
- Groothandel in grammofoonplaten, CD’s, al dan bespeelde audio- en videocassettes, enz.
- Groothandel in foto- en filmapparatuur en in andere optische artikelen.
- Groothandel in elektrische huishoudelijke apparaten tweede blad.
- Groothandel in elektrische installatiemateriaal voor huishoudelijk gebruik.
- Groothandel in audio- en videoapparaten.
- Groothandel in verlichtingsapparatuur.
- Groothandel in huismeubilair.
- Groothandel in uurwerken en sieraden.
- Groothandel in kranten, boeken en tijdschriften, lottoverkooppunt.
- Groothandel in papierwaren, kantoor- en schoolbehoeften.
- Groothandel in papier- en kartonwaren.
- Groothandel in bestekken en huishoudelijke artikelen van metaal
- Groothandel in niet-elektrische huishoudapparaten.
- Groothandel in lederwaren en reisartikelen.
- Overige groothandel in consumentenartikelen, niet eerder gemeld.
- Groothandel in computers, randapparatuur en software.
- Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan.
- Groothandel in reinigingsmiddelen voor industrieel gebruik.
- Groothandel in papier en karton, bestemd om industrieel verder te worden bewerkt.
- Groothandel in kantoormeubelen.
- Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur.
- Verzamelen, vervoeren, en afleveren van brieven, pakketpost en pakjes door bedrijven waaronder de nationale posterijen. Er kan gebruik worden gemaakt van diverse takken van vervoer.
- Vervoer van personen op welke manier dan ook.
- Onderhoud en herstelling van telecommunicatieapparatuur en toebehoren.
- Alles wat dienstig en bijkomstig kan zijn aan bovenvernoemde activiteiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NEXTTECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Oudenaardsestraat 9,9500 Geraardsbergen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “aanstelt en verder handelt zoals een raadsvergadering. In dat geval is, bij staking van stemmen, de stem van de voorzitter doorslaggevend…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering, onbepaalde duur bij gebrek aan bepaling” (deed in Dutch)“Aantal,duur opdracht,bevoegdheid bij meerdere bestuurders, alle handelingen nodig of nuttig voor verwezenlijking voorwerp,behalve wet of…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00