NOLETS
ActiveNOLETS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €6k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+7
Solvency85▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 2.52 in 2024; short-term debt: 38.5% and cash: 76.5% of total assets), and 40.2% 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 · 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
59.8%
Return on assets
3.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
7 d early
2023
42 d early
2022
43 d early
2021
45 d early
2020
4 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€115k▲ 0.9%
2024 · €114k
2019: €71k
2020: €77k
2021: €87k
2022: €90k
2023: €136k
2024: €114k
2019 → 2025
Total assets
€192k▲ 4.0%
2024 · €185k
2019: €147k
2020: €174k
2021: €126k
2022: €168k
2023: €192k
2024: €185k
2019 → 2025
Net result
€6k
2024 · €-262
2019: €5k
2020: €5k
2021: €10k
2022: €3k
2023: €47k
2024: €-262
2019 → 2025
Working capital
€115k▲ 6.2%
2024 · €108k
2019: €68k
2020: €75k
2021: €86k
2022: €85k
2023: €130k
2024: €108k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€90k▲ 3.4%€136k▲ 51.8%€114k▼ 16.3%€115k▲ 0.9%
Operating result€16k-€7k▼ 58.2%€67k▲ 918%€3k▼ 96.2%€13k▲ 396%
Net result€10k-€3k▼ 70.5%€47k▲ 1,498%€-262€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 396% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€3k▼ 41.0%
Current assets
€189k▲ 5.4%
Equity and liabilities €192k
Equity
€115k▲ 0.9%
Debt
€77k▲ 8.9%
The debt ratio rises from 38.4% to 40.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2024 · €5k
Cash flow
€8k▲
2024 · €2k
Solvency
59.8%▼
2024 · 61.6%
Current ratio
2.55▲
2024 · 2.52
Quick ratio
2.52▲
2024 · 2.49
Debt / equity
0.67▲
2024 · 0.62
ROE
5.1%▲
2024 · -0.2%
ROA
3.1%▲
2024 · -0.1%
Interest coverage
3.81▲
2024 · 3.39
Debt
€77k▲
2024 · €71k
Debt ≤ 1 year
€74k▲
2024 · €71k
Income taxes
€3k▲
2024 · €1k
Staff costs
€0▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€185k€192k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€179k€189k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€43k€36k▼
Trade receivables40€43k€33k▼
Other amounts receivable41€246€3k▲
Cash at bank and in hand54/58€131k€147k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€185k€192k▲
Equity10/15€114k€115k▲
Contributions10/11€12k€12k=
Reserves13€101k€102k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€101k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€71k€77k▲
Amounts payable within one year42/48€71k€74k▲
Trade debts44€26k€16k▼
Suppliers440/4€26k€16k▼
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€43k€51k▲
Accrued charges and deferred income492/3€0€3k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€9k€17k▲
Operating profit (loss)9901€3k€13k▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€1k€9k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€-262€6k▲
Profit (loss) for the period to be appropriated9905€-262€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-262€6k▲
Transfer from equity791/2€22k€5k▼
Transfer to equity691/2€0€6k▲
To other reserves6921€0€6k▲
Profit to be distributed694/7€22k€5k▼
Return on contributions (dividend)694€22k€5k▼
Directors or managers695€0-
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-262 ▼101%
Net result drops to €-262, the lowest in the series; recovery starts the following year.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €47k ▲1498%
Operating result €67k, net result €47k, both a record.
30-06
Financial
Equity above €100kEq €136k ▲51.8%
5 profitable years in a row build equity to €136k.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2024
Cinti Maxim: Resigned as Director
10-03-2021
Philip Thys: Resigned as Director
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 2002
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.
Groenkloosterstraat 563740 Bilzen-HoeseltGround area
870 m²
Building footprint
181 m²
Volume, LiDAR
942 m³
Parcel 73056B0606/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Groenkloosterstraat 56, 3740 Bilzen-Hoeselt
since 20022.115.588.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73056B0606/00H000 | Flanders | 870 m² | 1 · 181 m² | 8.1 m · 2 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.
Similar companies · same sector, comparable size
POLYTECH BELGIUM
BE 0842.484.590
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THYS ERIK
BE 0454.186.266
Putte · Eq €115k
GAÉTAN VERSTRAETEN
BE 0795.685.852
Gavere · Eq €115k
APEX SERVICES
BE 1010.101.481
Ichtegem · Eq €115k
IA CONSTRUCT
BE 1023.905.769
Liège · Eq €115k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,766 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2002
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
45310
27320Manufacture of electrical equipment
28150Manufacture of machinery and equipment not elsewhere classified
29142
31300
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.