The computed 12-month bankruptcy probability of NSR is 5.0% (elevated). For NSR, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€48,685) and a net result of €9,241. The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
2023 accounts not filed, 820 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises riskLast filed accounts filed 197 days late; 2 of the last 3 lateFigures for financial year 2022 (filed 15-02-2024)Two or more financial years not filed2022 accounts filed 197 days latelowers riskFounded in 2014Legal form: limited partnershipShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -178.4% of total assets
Liquidity30-20
short-term debt 278.4% · cash 23.9%
Profitability100+100
return on assets 33.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
5.0%Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 5.2%12-2024: 6.1%▲ +0.9 percentage points vs 11-202401-2025: 7.9%▲ +1.8 percentage points vs 12-2024highest value02-2025: 7.5%▼ -0.4 percentage points vs 01-202503-2025: 7.9%▲ +0.4 percentage points vs 02-202504-2025: 7.6%▼ -0.3 percentage points vs 03-202505-2025: 7.6%● unchanged vs 04-202506-2025: 6.5%▼ -1.1 percentage points vs 05-202507-2025: 6.5%● unchanged vs 06-202508-2025: 6.4%▼ -0.1 percentage points vs 07-202509-2025: 6.4%● unchanged vs 08-202510-2025: 6.3%▼ -0.1 percentage points vs 09-202511-2025: 6.1%▼ -0.2 percentage points vs 10-202512-2025: 6.1%● unchanged vs 11-202501-2026: 6.1%● unchanged vs 12-202502-2026: 6.0%▼ -0.1 percentage points vs 01-202603-2026: 6.0%● unchanged vs 02-202604-2026: 5.0%▼ -1.0 percentage point vs 03-202605-2026: 5.0%● unchanged vs 04-202606-2026: 5.0%● unchanged vs 05-202607-2026: 5.1%▲ +0.1 percentage points vs 06-202608-2026: 5.0%▼ -0.1 percentage points vs 07-2026lowest value09-2026: 5.0%● unchanged vs 08-2026lowest value10-2026: 5.0%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline29-10-2026 today
raises risk · 2022 accounts filed 197 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-02-2024, 197 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
This company filed its last 2 accounts on average 129 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2022 · micro…
Back to profitnet €9,241
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: 2023 accounts not fileddeadline was 31-07-2024820 days past the deadlineView
Risk: Negative equityfinancial year 2022: debts exceed assets-€48,685View