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NS-Protech

Active
Private limited companyfounded 2024active for 1 yearKoning Boudewijnlaan 20, 3500 Hasselt, Belgium112 active companies are registered at this addressKBO/BCE: BE 1016.691.642
Summary

The computed 12-month bankruptcy probability of NS-Protech is 4.8% (elevated). The 2025 annual accounts show equity of €92,069 and a net result of €91,069. Its solvency ranks better than 82% of 1,249 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (74 days) Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00561211.

Equity
€92,069
Total assets
€125,482
Net result
€91,069
Working capital
€80,691

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

Balance-sheet composition
Assets €125,482
Fixed assets €11,379
Current assets €114,103
Equity and liabilities €125,482
Equity €92,069
Debt €33,412
Debt finances 26.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€115,699
Cash flow
€92,058
Current ratio
3.42
Debt to equity
0.36
ROE
98.9%
ROA
72.6%
Interest coverage
over 100
Debt ≤ 1 year
€33,412
Income taxes
€25,829
Staff costs
€14,940

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 4.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€125,482
Fixed assets21/28€11,379
Tangible fixed assets22/27€9,379
Plant, machinery and equipment23€9,379
Financial fixed assets28€2,000
Current assets29/58€114,103
Amounts receivable within one year40/41€112,090
Trade receivables40€10,123
Other amounts receivable41€101,967
Cash at bank and in hand54/58€632
Deferred charges and accrued income490/1€1,381
Equity and liabilities
Total equity and liabilities10/49€125,482
Equity10/15€92,069
Contributions10/11€1,000
Profit (loss) carried forward14€91,069
Amounts payable17/49€33,412
Amounts payable within one year42/48€33,412
Financial debts43€4,993
Credit institutions430/8€4,993
Trade debts44€1,428
Suppliers440/4€1,428
Taxes, remuneration and social security45€26,992
Taxes450/3€25,882
Remuneration and social security454/9€1,110
Income statement Code2025
Remuneration, social security and pensions62€14,940
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€989
Other operating charges640/8€2,881
Gross operating margin9900€133,520
Operating profit (loss)9901€114,710
Financial income75/76B€2,619
Recurring financial income75€2,619
Financial charges65/66B€431
Recurring financial charges65€431
Profit (loss) for the period before taxes9903€116,899
Income taxes67/77€25,829
Profit (loss) for the period9904€91,069
Profit (loss) for the period to be appropriated9905€91,069
Appropriation of the result
Profit (loss) to be appropriated9906€91,069

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€14,940
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€989
Other operating charges640/8€2,881
Gross operating margin9900€133,520
Operating profit (loss)9901€114,710
Financial income75/76B€2,619
Recurring financial income75€2,619
Financial charges65/66B€431
Recurring financial charges65€431
Profit (loss) for the period before taxes9903€116,899
Income taxes67/77€25,829
Profit (loss) for the period9904€91,069
Profit (loss) for the period to be appropriated9905€91,069
Line2025
Assets
Total assets20/58€125,482
Fixed assets21/28€11,379
Tangible fixed assets22/27€9,379
Plant, machinery and equipment23€9,379
Financial fixed assets28€2,000
Current assets29/58€114,103
Amounts receivable within one year40/41€112,090
Trade receivables40€10,123
Other amounts receivable41€101,967
Cash at bank and in hand54/58€632
Deferred charges and accrued income490/1€1,381
Equity and liabilities
Total equity and liabilities10/49€125,482
Equity10/15€92,069
Contributions10/11€1,000
Profit (loss) carried forward14€91,069
Amounts payable17/49€33,412
Amounts payable within one year42/48€33,412
Financial debts43€4,993
Credit institutions430/8€4,993
Trade debts44€1,428
Suppliers440/4€1,428
Taxes, remuneration and social security45€26,992
Taxes450/3€25,882
Remuneration and social security454/9€1,110
Line2025
Profit (loss) for the period9904€91,069
+ Depreciation and write-downs630€989
Operating cash flow (approximation)€92,058

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 13-10-2026 2026-00561211

Similar companies · same sector, comparable size

Of the 1,791 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 977. 728 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.