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NS EXPERT

Active
Private limited companyfounded 20251 yr activeTisseltsesteenweg 48, 2830 Willebroek, BelgiumKBO/BCE: BE 1018.365.386
Summary

The computed 12-month bankruptcy probability of NS EXPERT is 1.6% (moderate). The 2025 annual accounts show equity of €5,146 and a net result of €2,146. Its solvency ranks better than 15% of 28281 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability75
Solvency37
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NS EXPERT was incorporated on 7 January 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€5,146
Total assets
€44,454
Net result
€2,146
Working capital
-€3,588

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €44,454
Fixed assets €33,508
Current assets €10,947
Equity and liabilities €44,454
Equity €5,146
Debt €39,308
Debt finances 88.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€11,167
Cash flow
€9,293
Current ratio
0.75
Debt to equity
7.64
ROE
41.7%
ROA
4.8%
Interest coverage
9.17
Debt ≤ 1 year
€14,535
Debt > 1 year
€24,774
Income taxes
€656
Staff costs
€1,658

Peer companies

Historical observation

Of the 294 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.0% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€44,454
Fixed assets21/28€33,508
Tangible fixed assets22/27€33,508
Plant, machinery and equipment23€912
Furniture and vehicles24€32,596
Current assets29/58€10,947
Amounts receivable within one year40/41€4,229
Trade receivables40€2,672
Other amounts receivable41€1,556
Cash at bank and in hand54/58€5,789
Deferred charges and accrued income490/1€929
Equity and liabilities
Total equity and liabilities10/49€44,454
Equity10/15€5,146
Contributions10/11€3,000
Reserves13€2,000
Distributable reserves133€2,000
Profit (loss) carried forward14€146
Amounts payable17/49€39,308
Amounts payable after more than one year17€24,774
Financial debts170/4€24,774
Amounts payable within one year42/48€14,535
Current portion of amounts payable after more than one year42€4,340
Trade debts44€5,232
Suppliers440/4€5,232
Taxes, remuneration and social security45€2,156
Taxes450/3€656
Remuneration and social security454/9€1,500
Other amounts payable47/48€2,807
Income statement Code2025
Remuneration, social security and pensions62€1,658
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,147
Non-recurring operating charges66A€174
Gross operating margin9900€13,000
Operating profit (loss)9901€4,020
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,218
Recurring financial charges65€1,218
Profit (loss) for the period before taxes9903€2,802
Income taxes67/77€656
Profit (loss) for the period9904€2,146
Profit (loss) for the period to be appropriated9905€2,146
Appropriation of the result
Profit (loss) to be appropriated9906€2,146
Transfer to equity691/2€2,000
To other reserves6921€2,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,658
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,147
Non-recurring operating charges66A€174
Gross operating margin9900€13,000
Operating profit (loss)9901€4,020
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,218
Recurring financial charges65€1,218
Profit (loss) for the period before taxes9903€2,802
Income taxes67/77€656
Profit (loss) for the period9904€2,146
Profit (loss) for the period to be appropriated9905€2,146
Line2025
Assets
Total assets20/58€44,454
Fixed assets21/28€33,508
Tangible fixed assets22/27€33,508
Plant, machinery and equipment23€912
Furniture and vehicles24€32,596
Current assets29/58€10,947
Amounts receivable within one year40/41€4,229
Trade receivables40€2,672
Other amounts receivable41€1,556
Cash at bank and in hand54/58€5,789
Deferred charges and accrued income490/1€929
Equity and liabilities
Total equity and liabilities10/49€44,454
Equity10/15€5,146
Contributions10/11€3,000
Reserves13€2,000
Distributable reserves133€2,000
Profit (loss) carried forward14€146
Amounts payable17/49€39,308
Amounts payable after more than one year17€24,774
Financial debts170/4€24,774
Amounts payable within one year42/48€14,535
Current portion of amounts payable after more than one year42€4,340
Trade debts44€5,232
Suppliers440/4€5,232
Taxes, remuneration and social security45€2,156
Taxes450/3€656
Remuneration and social security454/9€1,500
Other amounts payable47/48€2,807
Line2025
Profit (loss) for the period9904€2,146
+ Depreciation and write-downs630€7,147
Operating cash flow (approximation)€9,293

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Willebroek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
223 m²
Building footprint
71 m²
Volume, LiDAR
463 m³
Parcel 12342C0185/00A002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NS EXPERT
Tisseltsesteenweg 48, 2830 WillebroekConstruction of residential and non-residential buildings
since 20252.368.703.970
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12342C0185/00A002 Flanders 223 m² 1 · 71 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 3,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43221Plumbing work
43331Floor and wall tiling
43343Specialised construction activities
43422Screed work
Contact
E-mail nolet_steve@hotmail.com
Phone +320470186624
Phone 0470186624Willebroek
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018365386
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.