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NSLV

Active
Private limited companyfounded 201016 yrs activeMaalbeeklaan 8, 1860 Meise, BelgiumKBO/BCE: BE 0824.913.932
Summary

NSLV has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252,597 and a net result of €15,784. Equity is growing by ~31.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known
Size
€1.1mtotal assets 2025
Equity
€252,597
Profit
€15,784
Turnover not published (abridged schema)
Financial health
83 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Holdings
1
Accounts filed 26 d late0 of 7 deeds read
Why 83- Latest accounts 26 days late; 2 of the last 3 late- No establishment unit in the KBO- Liquidity: current ratio 0.94, cash €19,709+ Size: total assets €1.1mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Better than 42% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 47+1
equity 22.4% of total assets
Liquidity 51=
short-term debt 11.4% · cash 1.7%
Profitability 43+2
return on assets 1.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 16 months 07-2025: 3.5% 08-2025: 4.6%▲ +31.8% vs 07-2025 09-2025: 5.2%▲ +12.3% vs 08-2025highest value 10-2025: 0.8%▼ -85.4% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.7%▼ -11.2% vs 11-2025 01-2026: 0.7%▲ +9.5% vs 12-2025 02-2026: 0.8%▲ +2.2% vs 01-2026 03-2026: 0.8%▲ +2.4% vs 02-2026 04-2026: 0.7%▼ -7.4% vs 03-2026 05-2026: 0.7%▲ +2.7% vs 04-2026 06-2026: 0.8%▲ +11.9% vs 05-2026 07-2026: 0.9%▲ +7.9% vs 06-2026 08-2026: 1.7%▲ +89.9% vs 07-2026 09-2026: 0.4%▼ -77.8% vs 08-2026lowest value 10-2026: 0.4%● 0.0% vs 09-2026lowest value
  • Size: total assets €1.1m lowers the probability for this profile
  • Latest accounts 26 days late; 2 of the last 3 late raises the probability
  • No establishment unit in the KBO raises the probability
  • Liquidity: current ratio 0.94, cash €19,709 raises the probability
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.0 in 2024; short-term debt: 11.4% and cash: 1.7% of total assets), and 77.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 29%, liquidity 44%, profitability 33%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 26 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
raises risk · Liquidity: current ratio 0.94, cash €19,709
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filings
Deviation from the deadline
2025
26 d late
2024
61 d late
2023
61 d late
2022
92 d late
2021
90 d late
2020
61 d late
2019
181 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 82 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 1 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €15,784 5 years View
  • Total assets 20256 fiscal years filed €1.1m View
  • Active since 2010founded 13-04-2010 16 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Profit
€15,784
Solvency
22.4%
Total assets▼ 1.9%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2026Annual accounts filed
  2. 30-09-2025Annual accounts filed
  3. 30-09-2024Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Founded
13-04-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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