NSL-ELEC
ActiveSummary
The computed 12-month bankruptcy probability of NSL-ELEC is 2.0% (moderate). The 2025 annual accounts show equity of €202k and a net result of €95k. Equity is growing by ~202.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency89▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 2.73 in 2024; short-term debt: 24.7% and cash: 54.5% of total assets), and 36.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
63.7%
Return on assets
30%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
29 d early
2023
36 d early
2022
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€202k▲ 70.2%
2024 · €119k
2022: €7k
2023: €22k
2024: €119k
2022 → 2025
Total assets
€317k▲ 55.0%
2024 · €204k
2022: €34k
2023: €71k
2024: €204k
2022 → 2025
Net result
€95k▼ 1.9%
2024 · €97k
2022: €2k
2023: €14k
2024: €97k
2022 → 2025
Working capital
€174k▲ 68.1%
2024 · €103k
2022: €25k
2023: €9k
2024: €103k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€22k▲ 192%€119k▲ 445%€202k▲ 70.2%
Operating result€3k-€20k▲ 497%€125k▲ 511%€122k▼ 2.6%
Net result€2k-€14k▲ 484%€97k▲ 577%€95k▼ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€65k ▲ 57.0%
Current assets
€252k ▲ 54.5%
Equity and liabilities €317k
Equity
€202k ▲ 70.2%
Debt
€115k ▲ 34.1%
Debt's share of the balance-sheet total falls from 42.0% to 36.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143k▲
2024 · €138k
Cash flow
€116k▲
2024 · €110k
Current ratio
3.22▲
2024 · 2.73
Quick ratio
3.06▲
2024 · 2.62
Debt to equity
0.57▼
2024 · 0.72
ROE
47.1%▼
2024 · 81.7%
ROA
30.0%▼
2024 · 47.4%
Interest coverage
58.60▼
2024 · 79.91
Debt ≤ 1 year
€78k▲
2024 · €60k
Debt > 1 year
€34k▲
2024 · €26k
Income taxes
€25k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€204k€317k▲
Fixed assets21/28€41k€65k▲
Tangible fixed assets22/27€41k€65k▲
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€34k€59k▲
Current assets29/58€163k€252k▲
Stocks and contracts in progress3€6k€12k▲
Stocks30/36-€4k
Contracts in progress37€6k€8k▲
Amounts receivable within one year40/41€26k€67k▲
Trade receivables40€21k€52k▲
Other amounts receivable41€5k€15k▲
Cash at bank and in hand54/58€131k€173k▲
Deferred charges and accrued income490/1-€550
Equity and liabilities
Total equity and liabilities10/49€204k€317k▲
Equity10/15€119k€202k▲
Contributions10/11€5k€5k=
Reserves13€114k€197k▲
Distributable reserves133€114k€197k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€86k€115k▲
Amounts payable after more than one year17€26k€34k▲
Financial debts170/4€26k€34k▲
Amounts payable within one year42/48€60k€78k▲
Current portion of amounts payable after more than one year42€8k€15k▲
Trade debts44€20k€24k▲
Suppliers440/4€20k€24k▲
Taxes, remuneration and social security45€31k€27k▼
Taxes450/3€31k€27k▼
Other amounts payable47/48€557€12k▲
Accrued charges and deferred income492/3€430€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-4k▼
Other operating charges640/8€477€1k▲
Non-recurring operating charges66A€255€0▼
Gross operating margin9900€142k€141k▼
Operating profit (loss)9901€125k€122k▼
Financial income75/76B€1€575▲
Recurring financial income75€1€575▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€123k€120k▼
Income taxes67/77€27k€25k▼
Profit (loss) for the period9904€97k€95k▼
Profit (loss) for the period to be appropriated9905€97k€95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€95k▼
Transfer from equity791/2-€12k
Transfer to equity691/2€97k€95k▼
To other reserves6921€97k€95k▼
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (7 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €202k ▲70.2%
4 profitable years in a row build equity to €202k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €97k ▲577%
Operating result €125k, net result €97k, both a record.
31-12
Financial
Equity above €100kEq €119k ▲445%
3 profitable years in a row build equity to €119k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dilbeek · 1 establishment unit since 2022
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.
Middenlaan 131701 DilbeekGround area
225 m²
Building footprint
82 m²
Volume, LiDAR
575 m³
Parcel 23037A0204/00L002, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NSL-ELEC
since 20222.329.969.001
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23037A0204/00L002 | Flanders | 225 m² | 1 · 82 m² | 9.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 818 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 818 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesNSL-ELEC BV43778
Dual-learning approval
2 live approvalsElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,886 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.