Equity
€347,294 ▼ 33.9%
Nassen paid out €186,675 in dividends. That is 2,118% of the 2025 profit.
Nassen
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1992peak €82,845 (2022)
€16,139▼ 14.0%
lowest -€19,673 (2017)
€8,813▼ 21.5%
peak €817,330 (2016)
€347,294▼ 33.9%
€1.0m▲ 30.4%
Board2 names since 2018
-
Documentsfilings and deeds
04-11-20254 days late
2025micro format
Gross margin from €18,756 to €16,139Dividend €186,675Equity from €525,156 to €347,294Debts from €794,516 to €1.0m
Key points
from the 2025 annual accountsTurnover
≈ €67,000 estimated
The micro format states no turnover.
Debts
€1.0m 75% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €2,502 falls due within a year.
Filings
34 annual accounts 11 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Restructuring
2026
Merger with BV General Alarm. Merger on 01-01-2026.
Position in the sector
€1.4m
Larger balance sheet than 81% of companies in real estate. Sector median €410,887 · 17,203 companies.
Checked score
84
Excellent
Financially stronger than 35% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: < 0.1%▼ -0.2 percentage points vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.3%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2025 (filed on 05-11-2025)
Liquidity: current ratio 234.22, cash €8,338
1 financial year not filed after the legal deadline; last filed accounts filed 4 days late
lowers risk
Size: total assets €1.4m
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 68, micro). It does better than 45% of them on solvency, 55% on liquidity, 27% on profitability and 16% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Short-term debt is 0.2% and cash 0.6% of total assets. 74.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 04-11-2025, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
4 days late
2024
10 days early
2023
28 days late
2022
35 days early
2021
10 days early
2020
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Board and ownership
last known board- GENERAL ALARM 1,250 sharesequity €1.5m (2024) · deed of 25-03-2026
Shares in 2 companies, ALERTUM and GENERAL ALARM
Board & ownershipRecent changes
Merger: NV Nassen takes over BV General Alarm
General meeting of 05-05-2026 · Gazette deed
Merger proposal: NASSEN takes over GENERAL ALARM
Permanent representative: Hugo Vanhees · Capital contribution of €30,986.69 · Board meeting of 06-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444718967
Capital decrease of €399,000 to €62,000
Capital from €461,000 to €62,000 · Appointments: VANHEES Hugo Jean Paul Celine (managing director) and NASSEN Suzanne Maria Antonie (managing director) · General meeting of 04-04-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Nassen Bilzen-Hoeselt | €1.4m | €16,139 | 25.1% | - |
| BUILDING INVEST Beringen | €1.2m | €15,936 | 91.8% | - |
| IMMO YMCO Liège | €1.3m | €16,441 | 33.6% | - |
| Konfido Bruges | €1.6m | €21,675 | 60.3% | - |
| ART TECHNIBAT Brussels | €1.7m | €12,741 | -1.5% | - |
| PRECISION Hasselt | €1.5m | €25,522 | 14.6% | - |
| BEKKIMMO Maasmechelen | €2.1m | €26,224 | 65.1% | - |
These companies have the same main activity as Nassen: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.2m and €2.1m, founded between 1986 and 1994.
Official details
Source: KBO- Status
- Active since 23-07-1991Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.053.721.3153740 Bilzen-Hoeselt, since 05-08-1991
- Financial year end
- 31 March
- Peppol
- Reachable since 20-01-2026
Insights on Nassen
Nassen files the micro format. That format states no turnover. The gross margin fell from €18,813 in 2007 to €16,139 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Nassen
- What is the company number of Nassen?
- The company number of Nassen is 0444.718.967. The VAT number is the same number with BE in front: BE 0444.718.967.
- Where is Nassen based?
- The registered office is at Overbosstraat 3, 3730 Bilzen-Hoeselt.Company details
- What does Nassen do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Nassen?
- Nassen is a public limited company (NV).
- When was Nassen founded?
- Nassen was founded on 23-07-1991.
- Is Nassen still active?
- Yes, Nassen is an active enterprise in the KBO register.
- What is the turnover of Nassen?
- The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €16,139 and 48 comparable companies (NACE 68121). It probably lies between €33,000 and €210,000. It is a rough estimate.Financials
- Is Nassen profitable?
- In financial year 2025, Nassen made a profit of €8,813.
- Where can I find the annual accounts of Nassen?
- Nassen filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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