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NTS

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Hoge Weg (STG) 45 ·9200 Dendermonde, Belgium
KBO/BCE: BE 0770.928.779
Watch Print / PDF
Belgian State Gazette acts: 0 of 1 read
Age5 yrs
Real estate1 parcel · 2,164 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of NTS is 2.7% (moderate). The 2024 annual accounts show equity of €4k and a net result of €20k. Its solvency ranks better than 13% of 11123 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11123 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 33 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not confirmed -
31-12-2024 31-07-2025 30-09-2025 61 d late 2025-00525051
31-12-2022 31-07-2023 29-06-2023 32 d early 2023-00200891

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (micro schema)
EBIT marginNot published (micro schema)
Net result€20k
Working capital€-27k+17.1%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10k€20kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2024: €25k€25kNet result 2024: €20k€20k20222024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 6.3% 40.9%
better than 13% of 11123 sector peers
Net result €20k €11k
better than 64% of 11107 sector peers
Equity €4k €34k
better than 14% of 11128 sector peers
Gross operating margin €40k €35k
better than 55% of 11096 sector peers
Total assets €69k €94k
better than 38% of 11123 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€31k
+1884.9% 22-24
Net profit
€20k
- 22-24
Cash flow
€26k
+1318.5% 22-24
Total assets
€69k
-32.3% 22-24
Equity
€4k
+7.0% 22-24
Working capital
€-27k
+17.1% 22-24
Income taxes
€3k
- 22-24
Debt
€65k
-33.9% 22-24
Show 8 other metrics
Debt ≤ 1y
€65k
-29.4% 22-24
Current ratio
0.59
-9.4% 22-24
Quick ratio
0.59
-3.2% 22-24
Solvency
6.3%
+58.0% 22-24
Debt / equity
14.85
-38.2% 22-24
ROE
460.6%
- 22-24
ROA
29.1%
- 22-24
Interest coverage
15.77
-31.6% 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€31k
Net profit€20k
Cash flow€26k
Staff costs-
Income taxes€3k
Dividends-
Total assets€69k
Equity€4k
Debt€65k
of which ≤ 1y€65k
of which > 1y-
Working capital€-27k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.59
Quick ratio0.59
Working capital ratio-38.3%
Solvency6.3%
Debt / equity14.85
Long-term debt ratio-
Interest coverage15.77
Gross margin-
Net margin-
ROA29.1%
ROE460.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€69k
Fixed assets 21/28€31k
Tangible fixed assets 22/27€31k
Current assets 29/58€38k
Amounts receivable within one year 40/41€35k
Cash & bank 54/58€62
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€69k
Equity 10/15€4k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-6k
Amounts payable 17/49€65k
Amounts payable within one year 42/48€65k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€40k
Operating result 9901€25k
Financial charges 65€2k
Result before taxes 9903€23k
Income taxes 67/77€3k
Net result for the period 9904€20k
Result to be appropriated 9905€20k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
51 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
NTS
Hoge Weg (STG) 45, 9200 DendermondeHerwikkelen van elektromotoren en transformatoren
since 20212.319.555.456
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,164 m²
Buildings1
Building footprint228 m²
Volume (LiDAR)1,130 m³
Tallest building8.4 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42021B0143/00D000 Flanders 2,164 m² 1 · 228 m² 8.4 m · 1 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health51Profitability100Solvency6Growth78Stability94
66 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 51
Profitability 100
Solvency 6
Growth 78
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,241 of the 22,814 companies in this sector. 1,622 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene elektrotechnische installatiewerken43211Elektrotechnische installatiewerken van nijverheidsinrichtingen43212
Primary activity highlighted.
Names & trade names
Legal nameNL NTS
Registered office
Hoge Weg (STG) 45
9200 Dendermonde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.