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NCE

Active
Private limited companyfounded 200917 yrs activeMolenheide 68, 2242 Zandhoven, BelgiumKBO/BCE: BE 0810.679.181
Summary

NCE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €2k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 92 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+21
Solvency75▼-19
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.87 against 10.21 in 2024; short-term debt: 6.7% and cash: 5.1% of total assets), but 50.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.9%
Return on assets
0.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
34 d early
2023
1 d early
2022
33 d early
2021
46 d early
2020
50 d early
2019
51 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.69M▲ 0.1%
2024 · €1.68M
2018: €128k 2019: €163k 2020: €264k 2021: €341k 2022: €432k 2023: €1.76M 2024: €1.68M
2018 → 2025
Total assets
€3.38M▲ 37.5%
2024 · €2.46M
2018: €387k 2019: €419k 2020: €966k 2021: €914k 2022: €956k 2023: €2.76M 2024: €2.46M
2018 → 2025
Net result
€2k
2024 · €-79k
2018: €38k 2019: €36k 2020: €100k 2021: €89k 2022: €91k 2023: €1.37M 2024: €-79k
2018 → 2025
Working capital
€1.11M▼ 5.6%
2024 · €1.17M
2018: €78k 2019: €86k 2020: €34k 2021: €61k 2022: €114k 2023: €1.92M 2024: €1.17M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€341k-€432k▲ 26.6%€1.76M▲ 308%€1.68M▼ 4.5%€1.69M▲ 0.1%
Operating result€149k-€164k▲ 10.1%€126k▼ 22.9%€-92k€47k
Net result€89k-€91k▲ 1.9%€1.37M▲ 1,414%€-79k€2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00M€1.50MOperating result 2021: €149k€149kNet result 2021: €89k€89kOperating result 2022: €164k€164kNet result 2022: €91k€91kOperating result 2023: €126k€126kNet result 2023: €1.37M€1.37MOperating result 2024: €-92k€-92kNet result 2024: €-79k€-79kOperating result 2025: €47k€47kNet result 2025: €2k€2k20212022202320242025€-500k€0€500k€1M€1.5MOperating result 2023: €126k€126kNet result 2023: €1.37M€1.4MOperating result 2024: €-92k€-92kNet result 2024: €-79k€-79kOperating result 2025: €47k€47kNet result 2025: €2k€2k202320242025
The operating result returns to profit in 2025: €47k after a loss of €92k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.38M
Fixed assets €2.04M ▲ 76.7%
Current assets €1.34M ▲ 2.7%
Equity and liabilities €3.38M
Equity €1.69M ▲ 0.1%
Debt €1.69M ▲ 119%
Debt's share of the balance-sheet total rises from 31.5% to 50.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86k
2024 · €-21k
Cash flow
€41k
2024 · €-8k
Current ratio
5.87
2024 · 10.21
Debt to equity
1.00
2024 · 0.46
ROE
0.1%
2024 · -4.7%
ROA
0.1%
2024 · -3.2%
Interest coverage
2.04
2024 · -0.71
Debt ≤ 1 year
€228k
2024 · €127k
Debt > 1 year
€1.46M
2024 · €642k
Income taxes
€3k
2024 · €671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.46M€3.38M
Fixed assets21/28€1.16M€2.04M
Tangible fixed assets22/27€1.16M€2.04M
Land and buildings22€1.06M€1.96M
Furniture and vehicles24€5k€1k
Other tangible fixed assets26€86k€76k
Current assets29/58€1.30M€1.34M
Amounts receivable within one year40/41€1.12M€1.13M
Trade receivables40€24k€29k
Other amounts receivable41€1.10M€1.10M=
Cash at bank and in hand54/58€137k€173k
Deferred charges and accrued income490/1€41k€34k
Equity and liabilities
Total equity and liabilities10/49€2.46M€3.38M
Equity10/15€1.68M€1.69M
Contributions10/11€8k€8k=
Reserves13€1.67M€1.68M
Tax-exempt reserves132€301€301=
Distributable reserves133€1.67M€1.68M
Profit (loss) carried forward14€2k€2k
Amounts payable17/49€774k€1.69M
Amounts payable after more than one year17€642k€1.46M
Financial debts170/4€642k€1.46M
Amounts payable within one year42/48€127k€228k
Current portion of amounts payable after more than one year42€19k€41k
Trade debts44€16k€67k
Suppliers440/4€16k€67k
Taxes, remuneration and social security45€28k€53k
Taxes450/3€17k€45k
Remuneration and social security454/9€11k€8k
Other amounts payable47/48€64k€66k
Accrued charges and deferred income492/3€4k€4k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€39k
Other operating charges640/8€13k€4k
Gross operating margin9900€-9k€90k
Operating profit (loss)9901€-92k€47k
Financial income75/76B€24k-
Recurring financial income75€24k-
Financial charges65/66B€30k€42k
Recurring financial charges65€30k€42k
Profit (loss) for the period before taxes9903€-98k€5k
Transfer from deferred taxes780€20k-
Income taxes67/77€671€3k
Profit (loss) for the period9904€-79k€2k
Transfer from tax-exempt reserves789€80k-
Profit (loss) for the period to be appropriated9905€2k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€1.28M€4k
Profit (loss) brought forward from the previous period14P€1.27M€2k
Transfer to equity691/2€1.27M€2k
To other reserves6921€1.27M€2k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-79k ▼106%
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €1.37M ▲1414%
Net result €1.37M, the highest in the series.
31-12
Financial Liquidity times 6current ratio 10.63
Current ratio from 1.64 to 10.63.
31-12
Financial Equity above €1MEq €1.76M ▲308%
6 profitable years in a row build equity to €1.76M.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €200kEq €264k ▲61.6%
3 profitable years in a row build equity to €264k.
Show earlier events
10-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €150kEq €163k ▲28%
2 profitable years in a row build equity to €163k.
03-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2009
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Molenheide 682242 Zandhoven
Ground area
1,189 m²
Building footprint
127 m²
Volume, LiDAR
844 m³
Parcel 11033B0406/00K000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NCE BVBA
Molenheide 68, 2242 ZandhovenGeneral electrical installation work
since 20092.177.496.481
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11033B0406/00K000 Flanders 1,189 m² 1 · 127 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 1,376 companies in sector 61100 we hold annual accounts for 586. 214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.