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44 North

Active
Private limited companyfounded 2006active for 20 yearsMarconistraat 44, 1190 Vorst, BelgiumKBO/BCE: BE 0882.029.908

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

44 North has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,793 and a net result of €8,893. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 48% of 2,077 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 23-06-2006 Normal situation
Legal form
Private limited company
Registered office
Marconistraat 44, 1190 Vorst
Activity
Public relations and communication consultancy NACE 73300and 1 other
Establishment unit
2.155.224.192 1190 Vorst, since 24-07-2006
Financial year end
31 December
Peppol
Reachable since 30-08-2023

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€25,330
▼ 6.9%
Turnover
≈ €67,000
estimated
Profit
€8,893
▼ 10.8%
Equity
€54,793
▲ 19.4%
Total assets
€129,568
▼ 5.0%
2025 accounts filed 126 days before the deadline
Filed on 27-03-2026PDF
Score breakdownraises riskSize: total assets €129,568Liquidity: current ratio 3.70, cash €4,809lowers riskFounded in 2006Figures for financial year 2025 (filed on 01-04-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 67+8
equity 42.3% of total assets
Liquidity 51+1
short-term debt 15.4% · cash 3.7%
Profitability 77-1
return on assets 6.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged 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 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.7 (3.48 in 2024), above the usual 1.5. Short-term debt is 15.4% and cash 3.7% of total assets. However, 57.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 43% of them on solvency, 41% on liquidity, 50% on profitability and 69% 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €129,568
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 3.70, cash €4,809
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-04-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €54,793
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 27-03-2026, 126 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
126 days early
2024
51 days early
2023
33 days early
2022
32 days early
2021
44 days early
2020
32 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 17 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about 44 North

What is the company number of 44 North?
The company number of 44 North is 0882.029.908. The VAT number is the same number with BE in front: BE 0882.029.908.
Where is 44 North based?
The registered office is at Marconistraat 44, 1190 Vorst.Company details
What does 44 North do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of 44 North?
The legal form of 44 North is Private limited company (BV).
When was 44 North founded?
44 North was founded on 23-06-2006.
Is 44 North still active?
Yes, 44 North is an active enterprise in the KBO register.
What is the turnover of 44 North?
The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €25,330 and 45 comparable companies (NACE 73). It probably lies between €47,000 and €89,000.Financials
Is 44 North profitable?
In financial year 2025, 44 North made a profit of €8,893.
Where can I find the annual accounts of 44 North?
44 North filed 19 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 44 North due?
44 North must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as 44 North: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €107,000 and €158,000, founded between 2003 and 2015.

CompanyTotal assetsGross margin
44 North Vorst€129,568€25,330
DOUBLE U CONSULTING Ingelmunster€134,461€32,883
D-SOLVE Grimbergen€125,910€22,633
CENTINELA Mechelen€107,259€14,275
JPS Business Consulting Waimes€134,466€37,517
Bizzie Management Services Hoogstraten€119,365€32,430
GREGORY LOSSON CONSULT Watermaal-Bosvoorde€158,413€15,917
Full comparison

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