Financials
- Financial year
- 2025
- Turnover
- €126,484
- Profit
- €12,332
- Solvency
- 35.1%
NJPAC
ActiveSummary
NJPAC has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,332 and a net result of €12,332. Its solvency ranks better than 52% of 344 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Electricity, gas, steam and air conditioning supply
NACE 35150Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€126,484turnover 2025
- Equity
- €14,332
- Profit
- €12,332
Structure
Accounts filed 31 days late1 of 2 deeds read
Why 68raises riskSize: turnover €126,484, total assets €40,889lowers riskLiquidity: current ratio 1.54, cash €15,528Sector: Electricity, gas, steam and air conditioning supply (NACE 35)Figures for financial year 2025 (filed 31-08-2026)Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 68% of its sector peers (NACE 35, micro)
Financial strength
Strong
Solvency
60
equity 35.1% of total assets
Liquidity
63
short-term debt 64.9% · cash 38.0%
Profitability
100
return on assets 30.2%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.2%
03-2026: 1.3%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.5%▲ +0.2 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 2.9%▲ +1.4 percentage points vs 06-2026
08-2026: 3.0%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 1.0%▼ -2.0 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.54, above the usual 1.5; short-term debt: 64.9% and cash: 38% of total assets), but 64.9% 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 35, micro): better than 46% on solvency, 61% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 12-10-2026 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
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Registered officeRegistered-office move · Director in…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35150
- Founded
- 08-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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