NFAK CONCEPT

Active

Private limited companyfounded 20215 yrs activeRue de la Tonne 60, 4430 Ans, BelgiumKBO/BCE: BE 0767.962.757

The file of NFAK CONCEPT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 2.0% (moderate). The 2025 annual accounts show equity of €52,901 and a net result of €20,979. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 33926 sector peers (fiscal year 2025).

Risk analysisWatch Report Compare

NFAK CONCEPTActiveChecked score 56/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€66,494total assets 2025

Equity: €52,901
Profit: €20,979

Turnover not published (abridged schema)

Financial health

56 Fair Checked score 2025

Bankruptcy chance 12 m: 2.0%

Structure

Accounts 18 d early0 of 2 deeds read

Why 56- Size: total assets €66,494- Founded in 2021- 1 of the last 3 late- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025

56 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 70% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+9

equity 79.6% of total assets

Liquidity 48+12

short-term debt 20.4% · cash 4.0%

Profitability 100+29

return on assets 31.5%

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)

Last 24 months 02-2026: 3.7%highest value 03-2026: 2.6%▼ -28.3% vs 02-2026 04-2026: 2.7%▲ +2.0% vs 03-2026 05-2026: 2.8%▲ +1.9% vs 04-2026 06-2026: 2.8%▲ +2.5% vs 05-2026 07-2026: 2.8%▼ -1.0% vs 06-2026 08-2026: 2.0%▼ -29.9% vs 07-2026lowest value 09-2026: 2.0%● 0.0% vs 08-2026lowest value 10-2026: 2.0%● 0.0% vs 09-2026lowest value

Size: total assets €66,494 raises the probability for this profile
Founded in 2021 raises the probability for this profile
1 of the last 3 late raises the probability
Sector Specialised construction activities (NACE 43) raises the probability

Credit up to €2,500 at 30 days only on tighter terms

Liquidity ample (current ratio 4.72 against 2.81 in 2024; short-term debt: 20.4% and cash: 4% of total assets), and 20.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 40%, profitability 93%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Size: total assets €66,494

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Founded in 2021

In the bankruptcy model this factor raises the probability for this profile.

KBO

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

18 d early

2024

30 d late

2023

80 d late

2022

107 d late

2021

28 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 30 August (4 of the last 5 filed years within 51 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

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

13-07-26 Annual accounts filedfiscal year 2025 · micro…
30-01-26 Bankruptcy reversalTribunal de l’entreprise de Liège…
30-08-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Positive: Among the best 16% on solvencysector median 47.1% · 33,926 companies 79.6% View
Total assets 20255 fiscal years filed €66,494 View
Active since 2021founded 07-05-2021 5 years View