NS-Protech
ActiveSummary
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 1,258 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.
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-11-2024 Normal situation
- Registered office
- 111 active companies are registered at this address 14 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 5 others
- Establishment unit
- 2.366.779.907 3530 Houthalen-Helchteren, since 27-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-04-2026
Board and ownership
- Yilmaz KayhanDirector
- YUSEIN Niyazi Eyub100 sharesdeed of 29-11-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.8%
- Gross margin
- €133,520
- Turnover
- ≈ €330,000
- estimated
- Profit
- €91,069
- Equity
- €92,069
- Total assets
- €125,482
- Staff
- ≈ 0.6 FTE
- estimated
- 2025 accounts filed 74 days after the deadline
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthsSize: total assets €125,482Last filed accounts filed 74 days late; 1 of the last 3 accounts lateShow the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 42, micro). It does better than 82% of them on solvency, 33% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 04-11-2026 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 elevated class on 30-06-2025, 6.3% 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).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 74 days after the deadline 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.
Annual accounts 2025 filed on 13-10-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €10,367 |
| Financial fixed assets | €2,000 |
| Depreciation and write-downs of the year | €989 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €91,069 |
| + Depreciation and write-downs630 | €989 |
| Operating cash flow (approximation) | €92,058 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as NS-Protech has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of NS-Protech itself is higher: 4.8% within 12 months. It rests on far more data about NS-Protech than the profile alone.
Test of the method
The method was tested on the 497,446 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 11,279 companies, not a prediction for NS-Protech. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-10-2026 | 2026-00561211 |
Board & ownership
Directors
Owners and capital
Shareholders
- YUSEIN Niyazi Eyub 100 shares (100%) · €1,000 in cash
Capital transactions
- 29-11-2024 Incorporation · €1,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Yilmaz Kayhan |
|
| Niyazi Eyub YUSEIN |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Wijze benoeming en beëindiging bestuursmandaat, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
Articles of association, deed of 29-11-2024 (in Dutch)
Network & group
NS-Protech shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of NS-Protech. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
08-12
Gazette deed
Resignation: Niyazi Eyub YUSEIN (director)Appointment: Yilmaz Kayhan (director) · Director discharge: Niyazi Eyub YUSEIN4 points ▸
- General meeting, 20-11-2025
- Director resignation, Niyazi Eyub YUSEIN (director (not named in the articles))
- Director discharge, Niyazi Eyub YUSEIN
- Director appointment, Yilmaz Kayhan (director (not named in the articles))
03-01
Gazette deed
Registered office moved from Houthalen to HasseltNew registered office: Koning Boudewijnlaan 20 bus A, 3500 Hasselt · Previous registered office: Kievitwijk 486, 3530 Houthalen2 points ▸
- General meeting, 16-12-2024
- Registered-office move, Koning Boudewijnlaan 20 bus A, 3500 Hasselt
29-11
Gazette deed
IncorporationFounding capital of €1,000, 100 shares · Founder: YUSEIN Niyazi Eyub · Appointment: YUSEIN Niyazi Eyub (director)4 points ▸
- Incorporation, 26-11-2024
- Founder, YUSEIN Niyazi Eyub
- Founding capital, €1,000, 100 shares
- Director appointment, YUSEIN Niyazi Eyub (director (not named in the articles))
- The deed holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 3530 Houthalen until 16-12-2024 · deed of 03-01-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
28 activities
- Installatie en onderhoud van watervoorzieningen
- Installatie en onderhoud van elektrotechnische werken telecom
- Installatie en onderhoud van elektrotechnische werken in gasaansluitingen
- Installatie van elektrotechnische werken laadpalen
- Onderhoud van elektronische werken laadpalen
- Installatie en onderhoud van elektrotechnische werken elektriciteitsvoorzieningen
- Installatie en onderhoud van elektrotechnische werken IT-infrastructuur
- Installatie en onderhoud van elektrotechnische werken zonnepanelen
- Grondwerken en bodemsaneringen in ruime zin;
- Programmeren en design van websites;
- Ontwikkelen van websites en webapplicaties;
- Ontwikkelen van maatsoftware en programmatie;
- Hosten van websites;
- Registratie van websites;
- Registratie van domeinnamen;
- Consultancy,voorstudies,analyses en implementaties;
- Ontwikkelen van cursussen en geven van opleidingen;
- Internettoegang,netwerk en computers beheren en herstellen;
- Het ontwerpen van drukwerk en uitvoering;
- Online marketing;
- Freelance programmatie;
- Kleinhandel en groothandel,aankoop en verkoop van alle types computers,personal computers,operatingsystemen en alle bijhorende en aanverwante toestellen,apparaten en software;
- Uitwerking van technieken voor datacommunicaties en artificiële intelligentie.
- Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed;
- Tussenpersoon in de handel,als makelaar in goederen,als zelfstandig handelsvertegenwoordiger of als commissionair.
- De vennootschap mag tevens alle roerende,onroerende industriële,commerciële,burgerlijke,financiële,handelsnijverheid,bedrijfstechnische en bedrijfseconomische verrichtingen stellen,zowel voor eigen rekening als voor rekening van derden;
- De vennootschap zal zich mogen interesseren door middel van inbreng,fusie,deelname of op andere wijze in alle bestaande of op te richten vennootschappen of ondernemingen.
- De vennootschap kan ook functies van bestuur of vereffenaar van andere vennootschappen oefenen.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1016.691.642
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72014A0138/00Y003 | Flanders | 750 m² | 1 · 114 m² | 5.5 m · 1 |