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Nibo Technics

Active Public limited companyfounded 2012active for 14 yearsHeikant 5, 3930 Hamont-AchelKBO/BCE: BE 0842.955.140 subsidiary of NB ENGINEERING

Lifetime

14 annual accounts with figures on one time axis
peak €998,996 (2012)
€724,420▼ 6.4%
lowest -€79,992 (2013)
-€2,649▼ €29,686
peak €1.7m (2012)
€1.0m▼ 0.3%
€633,759▼ 5.0%
peak 11.4 FTE (2021)
8.2 FTE▼ 12.8%
Board2 names since 2024
1 directorNB Engineeringe BV
Owners
  
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Loss of €2,649Staff from 9.4 FTE to 8.2 FTE

Key points

from the 2025 annual accounts

Turnover

≈ €1.7m estimated

The abbreviated format states no turnover.

Staff

8 employees on 31-12-2025
202021112022022023012024342025

In 2025, 3 people joined and 4 left.

Position in the sector

€1.0m

More equity than 84% of companies in other manufacturing. Sector median €281,156 · 276 companies.

Checked score

86
Excellent
Financially stronger than 49% of micro companies in other manufacturing (NACE 32)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 1,141 companies (NACE 32, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

87+1equity 62.0% of total assets
53=short-term debt 16.8% · cash 5.5%
65-6return on assets -0.2%

Score breakdown

raises risk
Size: 8.2 FTE, total assets €1.7m
lowers risk
Founded in 2012
Equity €1.0m (62.0% of total assets)
Figures for financial year 2025 (filed on 29-06-2026)
Calculation

The band follows from the bankruptcy probability. 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 32, micro). It does better than 68% of them on solvency, 50% on liquidity, 39% on profitability and 39% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as Nibo Technics has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Nibo Technics itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for Nibo Technics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.18 (3.37 in 2024), above the usual 1.5. Short-term debt is 16.8% and cash 5.5% of total assets. 38% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 8.2 FTE, total assets €1.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.0m (62.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
41 days early
2023
29 days early
2022
4 days early
2021
26 days late
2020
10 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

NE
NB Engineeringe BV
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0842955140
Resignation: Joseph Bollen (director) Director discharge: Joseph Bollen · General meeting of 08-04-2024 · Gazette deed
2 directors reappointed Bollen Jos and NB Engineering BVBA · Permanent representative: Bollen Niels · General meeting of 20-01-2018 · Gazette deed
First establishment Heikant 5, Hamont-Achel
All 21 events

Comparable companies

same main activity, similar in size and age
Company
Nibo Technics Hamont-Achel €1.7m €724,420 62.0% 8.2
ORTHO CONSTRUCTIONS Denderleeuw €1.6m €757,262 10.8% 10.6
Gestec Orthopédie Namur €1.6m €801,380 65.4% 5.7
DE VOETZAAK Bruges €1.2m €550,049 14.5% 9.5
Dental labo Desomer Koksijde €1.4m €568,435 42.2% 6.5
ORTHO CONSULT Kruisem €1.1m €943,933 52.6% 7.1
Bebodent Hamme (Vl.) €2.3m €929,069 12.7% 11

These companies have the same main activity as Nibo Technics: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €1.1m and €2.3m, founded between 2010 and 2014.

Official details

Source: KBO
Status
Active since 20-01-2012Normal situation
Activity
Manufacture of medical and dental instruments and suppliesNACE 32500and 1 other
Establishment unit
2.206.139.3933930 Hamont-Achel, since 25-01-2012
Financial year end
31 December
Peppol
Reachable since 22-10-2025
Company details

Annual accounts 2025

€1.7m▼ 2.1%
Employeeson 31-12-2025
8▼ 11.1%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on Nibo Technics

Nibo Technics files the abbreviated format. That format states no turnover. The gross margin fell from €998,996 in 2012 to €724,420 in 2025.

NB ENGINEERING holds 99% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Nibo Technics

What is the company number of Nibo Technics?
The company number of Nibo Technics is 0842.955.140. The VAT number is the same number with BE in front: BE 0842.955.140.
Where is Nibo Technics based?
The registered office is at Heikant 5, 3930 Hamont-Achel.Company details
What does Nibo Technics do?
According to the KBO register, the main activity is manufacture of medical and dental instruments and supplies (NACE 32500).
What is the legal form of Nibo Technics?
Nibo Technics is a public limited company (NV).
When was Nibo Technics founded?
Nibo Technics was founded on 20-01-2012.
Is Nibo Technics still active?
Yes, Nibo Technics is an active enterprise in the KBO register.
How many employees does Nibo Technics have?
Nibo Technics had an average of 8.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Nibo Technics?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €724,420 and 2,275 comparable companies of the same size. It probably lies between €1.0m and €2.9m. It is a rough estimate.
Is Nibo Technics profitable?
In financial year 2025, Nibo Technics made a loss of €2,649.
Where can I find the annual accounts of Nibo Technics?
Nibo Technics filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Nibo Technics due?
Nibo Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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