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NADESCO

Active
Private limited companyfounded 2007active for 19 yearsKabuize 3, 9680 Maarkedal, BelgiumKBO/BCE: BE 0887.730.538
Summary

NADESCO has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250,927 and a net result of €78,072. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 30% of 9,810 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222General electrical installation work NACE 43211
9th largest company by total assets in Maarkedal, Construction sector1 site
Size
€902,968total assets 2025
Staff
1.5 FTE
Equity
€250,927
Profit
€78,072
Turnover not published (abbreviated or micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts 3 days early4 deeds in the Belgian Official Gazette
Why 82raises riskFigures for financial year 2025 (filed 28-10-2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.27, cash €197,103Founded in 2007Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 53+4
equity 27.8% of total assets
Liquidity 48+11
short-term debt 56.5% · cash 21.8%
Profitability 80+8
return on assets 8.6%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.2%▼ -0.3 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.27, compared with 1.18 in 2024, below the usual 1.5; short-term debt: 56.5% and cash: 21.8% of total assets), and 72.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 29% on solvency, 40% on liquidity, 58% on profitability and 72% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed 28-10-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.27, cash €197,103
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
2 days early
2023
on the day
2022
30 days late
2021
30 days late
2020
30 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end27-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €78,072 ▲300%
  3. Equity above €200,000equity €250,927 ▲26.2%

Key points

  • Positive: Result rose in 2025from €19,526 to €78,072 ▲ 300% View
  • Positive: 9th largest company by total assets in Maarkedal, Construction sectorin the Checked rankings No. 9 View
  • Positive: 7 profitable years in a rowprofit 2025: €78,072 7 years View

By topic

Financials

Financial year
2025
Total assets
€902,968
Profit
€78,072
Solvency
27.8%
Total assets▲ 9.0%
Net result
20192025
Go to Financials

Timeline

Events
24
Since
2009
Next accounts
by 31-10-2026
  1. 29-10-2024Annual accounts filed
  2. 31-10-2023Annual accounts filed
  3. 31-03-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
06-03-2007
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about NADESCO

What is the company number of NADESCO?
0887.730.538. In Belgium the VAT number is the company number with BE in front: BE 0887.730.538.
Where is NADESCO based?
The registered office is at Kabuize 3, 9680 Maarkedal.Company details
What does NADESCO do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of NADESCO?
Private limited company (BV).
When was NADESCO founded?
On 06-03-2007.
Is NADESCO still active?
Yes, NADESCO is an active enterprise in the KBO register.
How many employees does NADESCO have?
On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NADESCO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NADESCO profitable?
In financial year 2025, NADESCO made a profit of €78,072.
Where can I find the annual accounts of NADESCO?
NADESCO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NADESCO due?
By 31-10-2026, for financial year 2026.Timeline

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