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Ni&Co Electrics

Active
Private limited companyfounded 2023active for 3 yearsRue Mathias 31, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0799.628.507
Summary

Ni&Co Electrics has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,061 and a net result of €32,467. Its solvency ranks better than 85% of 35,976 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

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Ni&Co ElectricsActiveChecked score 58/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€68,529total assets 2024
Equity
€54,061
Profit
€32,467
Turnover not published (micro format)
Financial health
58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts not filed, 85 days past the deadline1 deed in the Belgian Official Gazette
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 07-08-2025)Founded in 2023Size: total assets €68,529lowers riskLiquidity: current ratio 4.50, cash €43,876Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 92% of its sector peers (NACE 43, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 78.9% of total assets
Liquidity 93+3
short-term debt 21.1% · cash 64.0%
Profitability 100=
return on assets 47.4%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.3%▼ -0.5 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 4.5, compared with 3.78 in 2023, above the usual 1.5; short-term debt: 21.1% and cash: 64% of total assets), and 21.1% of the assets are financed with debt and provisions.
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, 90% on liquidity, 92% on profitability and 94% on growth.

The bankruptcy probability was computed on 23-10-2026 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.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 07-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.50, cash €43,876
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €68,529
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 5 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
5 days late
2023
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
  • Positive: Among the best 16% on solvencysector median 46.6% · 35,976 companies 78.9% View
  • Total assets 20242 financial years filed €68,529 View

By topic

Financials

Financial year
2024
Total assets
€68,529
Profit
€32,467
Solvency
78.9%
Total assets▲ 137%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
17-03-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Ni&Co Electrics

What is the company number of Ni&Co Electrics?
0799.628.507. In Belgium the VAT number is the company number with BE in front: BE 0799.628.507.
Where is Ni&Co Electrics based?
The registered office is at Rue Mathias 31, 1440 Braine-le-Château.Company details
What does Ni&Co Electrics do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Ni&Co Electrics?
Private limited company (BV).
When was Ni&Co Electrics founded?
On 17-03-2023.
Is Ni&Co Electrics still active?
Yes, Ni&Co Electrics is an active enterprise in the KBO register.
What is the turnover of Ni&Co Electrics?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Ni&Co Electrics profitable?
In financial year 2024, Ni&Co Electrics made a profit of €32,467.
Where can I find the annual accounts of Ni&Co Electrics?
Ni&Co Electrics filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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