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Nardo
Active1 interim measureFrom the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The file of Nardo contains 1 interim measure, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 0.6% (low). The 2025 annual accounts show equity of €214,771 and a net result of €12,526, of which €7,004 non-recurring income. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 49% of 186 sector peers (NACE 22, financial year 2025).
Overview
Official details
KBO- Status
- Active since 15-01-2016 Normal situation
- Legal form
- Private limited company
- Registered office
- Bissegemsestraat(Bis) 47, 8501 Kortrijk
- Activity
- Manufacture of rubber and plastic products NACE 22210and 3 others
- Establishment unit
- 2.251.080.780 8501 Kortrijk, since 15-01-2016
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts to 30-09-2025
- Gross margin
- €252,887
- ▼ 42.0%
- Turnover
- ≈ €600,000
- estimated
- Profit
- €12,526
- ▼ 75.5%
- Equity
- €214,771
- ▲ 6.2%
- Total assets
- €464,251
- ▼ 16.9%
- Staff
- 3 FTE
- ▲ 3.4%
2025 accounts 45 days early
Filed on 16-03-2026PDF
Why 70raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.68, cash €89,831Figures for financial year 2025 (filed 16-03-2026)Equity €214,771 (46.3% of total assets)Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 22, micro)
Financial strength · tick = 2024
Average
Solvency
71+10
equity 46.3% of total assets
Liquidity
48+19
short-term debt 51.4% · cash 19.3%
Profitability
41-39
return on assets 2.7%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.9%▲ +0.1 percentage points vs 12-2024
02-2025: 1.0%▲ +0.1 percentage points vs 01-2025
03-2025: 1.9%▲ +0.9 percentage points vs 02-2025
04-2025: 2.1%▲ +0.2 percentage points vs 03-2025
05-2025: 2.8%▲ +0.7 percentage points vs 04-2025highest value
06-2025: 0.8%▼ -2.0 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%▲ +0.2 percentage points vs 01-2026
03-2026: 1.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%▼ -0.6 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026lowest value
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms, only on tighter conditions: interim measures (e.g. provisional administrator)
Liquidity ample (current ratio 1.68, compared with 1.76 in 2024, above the usual 1.5; short-term debt: 51.4% and cash: 19.3% of total assets), but 53.7% 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 22, micro): better than 52% on solvency, 44% on liquidity, 27% on profitability and 55% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
45 days early
2024
5 days late
2023
on the day
2022
3 days early
2021
30 days early
2020
11 days late
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 13 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
Key points
- Positive: 7 profitable years in a rowprofit 2025: €12,526, mostly one-off 7 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-03-2026
- Annual accounts 2024filed on 05-05-2025
- Annual accounts 2023filed on 30-04-2024
- Annual accounts 2022filed on 27-04-2023
Acts in the Belgian Official Gazette
- Registered officeact of 28-02-2025
- Resignations & appointmentsact of 13-06-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Nardo
- What is the company number of Nardo?
- 0646.678.016. In Belgium the VAT number is the company number with BE in front: BE 0646.678.016.
- Where is Nardo based?
- The registered office is at Bissegemsestraat(Bis) 47, 8501 Kortrijk.Company details
- What does Nardo do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22210).
- What is the legal form of Nardo?
- Private limited company (BV).
- When was Nardo founded?
- On 15-01-2016.
- Is Nardo still active?
- Yes, Nardo is an active enterprise in the KBO register.
- How many employees does Nardo have?
- On average 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Nardo?
- ≈ €600,000 in financial year 2025. Estimated from the gross margin of €252,887: probably between €360,000 and €1.0m, based on 2,288 comparable companies of the same size. A rough estimate.
- Is Nardo profitable?
- In financial year 2025, Nardo made a profit of €12,526.
- Where can I find the annual accounts of Nardo?
- Nardo filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Nardo due?
- By 30-04-2027, for financial year 2026.Timeline
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