Equity
€1.3m ▲ 3.1%
NOWITEC has made a profit in every financial year since 2007.
NOWITEC
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €2.4m (2026)
€2.4m▲ 10.2%
peak €1.1m (2026)
€1.1m▲ 11.8%
peak €2.0m (2016)
€1.3m▲ 3.1%
€1.4m▲ 3.0%
peak 14.5 FTE (2026)
14.5 FTE▲ 6.6%
Board3 names since 2022
1 directorN. WILLEMS & Partners KG
Documentsfilings and deeds
09-10-202622 days before the deadline
2026financial year
Dividend €300,000Cash from €437,207 to €679,816
Key points
from the 2026 annual accountsChecked score
96
Excellent
Financially stronger than 69% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.44, cash €679,816
Founded in 1997
Equity €1.3m (48.5% of total assets)
Figures for financial year 2026 (filed on 10-10-2026)
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 46, small). It does better than 57% of them on solvency, 73% on liquidity, 99% on profitability and 48% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-03-2026.
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, 20,137 companies had the same profile as NOWITEC has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of NOWITEC itself: < 0.1% 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.
| 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 20,137 companies, not a prediction for NOWITEC. 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 €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (1.42 in 2025), below the usual 1.5. Short-term debt is 51.5% and cash 24.6% of total assets. 51.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-10-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
22 days early
2025
35 days early
2024
27 days early
2023
27 days early
2022
33 days early
2021
31 days early
2020
17 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 27 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 4 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460139789
1 director appointed, 2 resignations
Resignations: WILLEMS Norbert Martin and N. WILLEMS & PARTNERS · Permanent representative: WILLEMS Norbert Martin · Appointment: N. WILLEMS & PARTNERS (director) · Gazette deed
2 directors reappointed
Norbert WILLEMS (director) and N. WILLEMS & Partners KG · Permanent representative: Norbert WILLEMS · General meeting of 17-09-2021 · Gazette deed
First establishment
Heppenbach,Sonnenhang 20, Amblève
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOWITEC Amblève | €2.8m | €2.4m | 48.5% | 14.5 |
| A. LEMAIRE DISTRIBUTION Malmedy | €2.5m | €1.3m | 41.2% | 16.7 |
| SCHEIDT & BACHMANN Mechelen | €2.0m | €2.3m | 38.3% | 16.8 |
| Dirac Industries Sint-Pieters-Leeuw | €3.4m | €1.4m | 21.9% | 14 |
| ELECTROPLUS CUYPERS Perwez | €3.1m | €1.4m | 49.1% | 15.2 |
| Phoenix Mecano Deinze | €1.9m | €2.2m | 57.6% | 14 |
| FILTER - TECHNICS Beveren-Kruibeke-Zwijndrecht | €2.7m | €1.4m | 54.2% | 11.5 |
These companies have the same main activity as NOWITEC: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €1.9m and €3.4m, founded between 1991 and 2000.
Official details
Source: KBO- Status
- Active since 03-03-1997Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 3 others
- Establishment unit
- 2.081.245.4604770 Amblève, since 07-04-1997
- Financial year end
- 31 March
- Peppol
- Reachable since 29-07-2025
Annual accounts to 31-03-2026
- €2.8m▲ 3.0%
- Employeeson 31-03-2026
- 13▼ 13.3%
- Filing
- Filed on 09-10-2026, 22 days before the end of the filing period
Insights on NOWITEC
NOWITEC has existed since 1997. The gross margin grew from €640,718 in 2007 to €2.4m in 2026 and staff from 6.3 to 14.5 full-time equivalents.
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 NOWITEC
- What is the company number of NOWITEC?
- The company number of NOWITEC is 0460.139.789. The VAT number is the same number with BE in front: BE 0460.139.789.
- Where is NOWITEC based?
- The registered office is at Heppenbach,Sonnenhang 20, 4770 Amblève.Company details
- What does NOWITEC do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of NOWITEC?
- NOWITEC is a public limited company (NV).
- When was NOWITEC founded?
- NOWITEC was founded on 03-03-1997.
- Is NOWITEC still active?
- Yes, NOWITEC is an active enterprise in the KBO register.
- How many employees does NOWITEC have?
- NOWITEC had an average of 14.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of NOWITEC?
- The turnover in financial year 2026 is ≈ €9.9m. This figure is estimated from the gross margin of €2.4m and 98 comparable companies (NACE 46). It probably lies between €6.0m and €17.0m.
- Is NOWITEC profitable?
- In financial year 2026, NOWITEC made a profit of €1.1m.
- Where can I find the annual accounts of NOWITEC?
- NOWITEC filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of NOWITEC due?
- NOWITEC must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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