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Necrete

Active
Private limited companyfounded 2021active for 4 yearsSmolders Blockstraat 28, 2650 Edegem, BelgiumKBO/BCE: BE 0777.382.645
Summary

The annual accounts of Necrete for financial year 2025 show a net loss of 65% of total assets and of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €728 and a net result of -€11,968. Equity is shrinking by about 55% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 14% of 426 sector peers (NACE 23, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
NecreteActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23200
2 sites
Size
€18,525total assets 2025
Equity
€728
Loss
-€11,968
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 43 days early1 of 2 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €11,968, the second in a row (financial year 2025)lowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Size: total assets €18,525Liquidity: current ratio 0.64, cash €3,403, halvedShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 23, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 29-50
equity 3.9% of total assets
Liquidity 23-54
short-term debt 96.1% · cash 18.4%
Profitability 0=
return on assets -64.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (858 companies, NACE 23, 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: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.1%▼ -0.2 percentage points vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.64, compared with 1.29 in 2024, below 1; short-term debt: 96.1% and cash: 18.4% of total assets), and 96.1% 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 23, micro): better than 11% on solvency, 14% on liquidity, 3% on profitability and 3% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
lowers risk · Size: total assets €18,525
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.64, cash €3,403, halved
NBB · annual accounts
raises risk · Loss of €11,968, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€11,968
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 426 sector peers (2025).
NBB · sector comparison
Position among 426 sector peers
Solvency
better than 14%
← weakest strongest →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
43 days early
2024
4 days late
2023
48 days early
2022
48 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 34 days before the deadline; the sector median (NACE 23) for financial year 2024 is 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€15,546

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€11,968 View
  • Caution: Among the weakest 14% on equitysector median €72,351 · 426 companies €728 View
  • Total assets 20254 financial years filed €18,525 View

By topic

Financials

Financial year
2025
Total assets
€18,525
Loss
-€11,968
Solvency
3.9%
Total assets▼ 21.7%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 13-06-2024Annual accounts filed
  2. 05-02-2024Registered office
  3. 13-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23200
Founded
16-11-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Necrete

What is the company number of Necrete?
0777.382.645. In Belgium the VAT number is the company number with BE in front: BE 0777.382.645.
Where is Necrete based?
The registered office is at Smolders Blockstraat 28, 2650 Edegem.Company details
What does Necrete do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23200).
What is the legal form of Necrete?
Private limited company (BV).
When was Necrete founded?
On 16-11-2021.
Is Necrete still active?
Yes, Necrete is an active enterprise in the KBO register.
What is the turnover of Necrete?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Necrete profitable?
In financial year 2025, Necrete made a loss of €11,968.
Where can I find the annual accounts of Necrete?
Necrete filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Necrete due?
By 31-07-2027, for financial year 2026.Timeline

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