Financials
- Fiscal year
- 2025
- Total assets
- €66,494
- Profit
- €20,979
- Solvency
- 79.6%
Total assets▼ 7.7%
Net result
20212025
NFAK CONCEPT
ActiveThe 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 33,994 sector peers (NACE 43, fiscal year 2025).
Overview
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)
Structure
Accounts 18 days 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%
Financially better than 70% of its sector peers (NACE 43, micro)
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).
Last 24 months
02-2026: 3.7%highest value
03-2026: 2.6%▼ -1.1 percentage points vs 02-2026
04-2026: 2.7%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%▲ +0.1 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.8%● unchanged vs 06-2026
08-2026: 2.0%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 2.0%● unchanged vs 08-2026lowest value
10-2026: 2.0%● unchanged vs 09-2026lowest value
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 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 43, micro): better than 90% on solvency, 40% on liquidity, 93% on profitability and 58% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Six signals.
+raises risk○neutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 days early
2024
30 days late
2023
80 days late
2022
107 days late
2021
28 days 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 43% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 August (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Bankruptcy reversalTribunal de l’entreprise de Liège…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2022
- Next accounts
- by 31-07-2027
- 19-10-2024Annual accounts filed
- 08-12-2023Opening
- 15-11-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 07-05-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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