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 2.2% (moderate). The 2025 annual accounts show equity of €53k and a net result of €21k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 27786 sector peers (fiscal year 2025).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+29
Solvency100▲+9
Growth78=
Track record79
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k 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.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.6%
Return on assets
31.5%
Age of the figures
9 mo
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 d early
2024
30 d late
2023
80 d late
2022
107 d late
2021
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 11.8%
2024 · €47k
2021: €-24k
2022: €46k
2023: €46k
2024: €47k
2021 → 2025
Total assets
€66k▼ 7.7%
2024 · €72k
2021: €9k
2022: €76k
2023: €69k
2024: €72k
2021 → 2025
Net result
€21k▲ 1,857%
2024 · €1k
2021: €-30k
2022: €70k
2023: €340
2024: €1k
2021 → 2025
Working capital
€51k▲ 13.3%
2024 · €45k
2021: €-24k
2022: €38k
2023: €39k
2024: €45k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€46k€46k▲ 0.7%€47k▲ 2.3%€53k▲ 11.8%
Operating result€-30k-€80k€3k▼ 96.4%€4k▲ 35.6%€31k▲ 693%
Net result€-30k-€70k€340▼ 99.5%€1k▲ 216%€21k▲ 1,857%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 693% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€2k ▼ 12.8%
Current assets
€64k ▼ 7.5%
Equity and liabilities €66k
Equity
€53k ▲ 11.8%
Debt
€14k ▼ 45.0%
Debt's share of the balance-sheet total falls from 34.3% to 20.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €8k
Cash flow
€24k▲
2024 · €5k
Current ratio
4.72▲
2024 · 2.81
Quick ratio
3.30▲
2024 · 2.03
Debt to equity
0.26▼
2024 · 0.52
ROE
39.7%▲
2024 · 2.3%
ROA
31.5%▲
2024 · 1.5%
Interest coverage
37.63▲
2024 · 19.74
Debt ≤ 1 year
€14k▼
2024 · €25k
Income taxes
€9k▲
2024 · €2k
Staff costs
€14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€66k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€167▼
Furniture and vehicles24€1k€2k▲
Current assets29/58€69k€64k▼
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€49k€42k▼
Trade receivables40€49k€41k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€644€3k▲
Equity and liabilities
Total equity and liabilities10/49€72k€66k▼
Equity10/15€47k€53k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€41k€47k▲
Amounts payable17/49€25k€14k▼
Amounts payable within one year42/48€25k€14k▼
Trade debts44€7k-
Suppliers440/4€7k-
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€13k€14k▲
Other amounts payable47/48€4k-
Income statement
Code20242025
Remuneration, social security and pensions62-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€11k€53k▲
Operating profit (loss)9901€4k€31k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€408€908▲
Recurring financial charges65€408€908▲
Profit (loss) for the period before taxes9903€3k€30k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€1k€21k▲
Profit (loss) for the period to be appropriated9905€1k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€62k▲
Profit (loss) brought forward from the previous period14P€40k€41k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-01
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Liège · NFAK CONCEPT SRL CHAUSSEE DE TONGRES 325, 4000 LIEGE 1. déclarée le 4 décembre 2023 · event 22-01-2024
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2023
08-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · NFAK CONCEPT SRL CHAUSSEE DE TONGRES 325, 4000 LIEGE 1 · event 04-12-2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
31-12
Financial
Back to profitnet €70k
Net result €70k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 2.27
Current ratio from 0.28 to 2.27; short-term debt falls from €33k to €30k.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ans · 1 establishment unit since 2021
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.
Rue de la Tonne 604430 AnsGround area
574 m²
Building footprint
150 m²
Volume, LiDAR
1,089 m³
Parcel 62003A0916/00W002, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NFAK CONCEPT
since 20212.317.245.470
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62003A0916/00W002 | Wallonia | 574 m² | 1 · 150 m² | 9.0 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALINE FAUFRA GRAND’ROUTE 35, 4610 BEYNE-
HEUSAY |
04-12-2023 → 22-01-2024 |
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,606 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43410Roofing work
46150Agents in the wholesale of furniture, household goods and hardware
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nfakconcept@gmail.com
Phone:+32488701605