Equity
€34,159 from €107,349 in 2019
Equity fell by 68% in 6 years.
ETS. NOUJEIM
Lifetime
7 annual accounts with figures on one time axis, 41 filings since 1984Gross marginpeak €4,048 (2021)
-€14,649▼ €5,956
Resultlowest -€54,567 (2025)
-€54,567▼ €45,837
Equitypeak €107,349 (2019)
€34,159▼ 61.5%
Debts
€291,537▲ 43×
Board5 names since 2021
2 directorsOBRIGADO and 1 other
Owners
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from -€8,693 to -€14,649Loss of €54,5671 director appointed, 1 resignation 26-11Merger proposal: to be absorbed by PRISMA CONSULTING 02-09Permanent representatives: Asselman Luc and Wenes Bert 25-07Equity from €88,725 to €34,159
Key points
from the 2025 annual accountsLosses
-€68,202 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€291,537 90% of the balance sheet
Suppliers 4%Taxes and wages 0%Other 96%
Investments
€364,000 9.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.00 was 14.10 in 2024
Short-term debts rose from €6,773 to €291,537.
Position in the sector
-€54,567
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,169 · 39,328 companies.
2025 accounts filed 30 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 8% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
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.
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,544 companies (NACE 70, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 1.8%▲ +0.9 percentage points vs 08-2025highest value
10-2025: 1.8%● unchanged vs 09-2025highest value
11-2025: 1.8%● unchanged vs 10-2025highest value
12-2025: 1.8%● unchanged vs 11-2025highest value
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 0.4%▼ -1.4 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026lowest value
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▼ -0.2 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €54,567, the second in a row (financial year 2025)
Liquidity: current ratio 0.00, cash €2, halved
lowers risk
Size: total assets €325,696
Founded in 1984
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 70, micro). It does better than 17% of them on solvency, 1% on liquidity, 4% on profitability and 10% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,221 companies had the same profile as ETS. NOUJEIM has now. Each dot stands for 4 companies, two years later.
88.6%
were still trading
7.4%
stopped another way
3.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ETS. NOUJEIM itself is lower: 0.5% within 12 months. It rests on far more data about ETS. NOUJEIM than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,221 companies, not a prediction for ETS. NOUJEIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.0 (14.1 in 2024), below 1. Short-term debt is 89.5% and cash 0% of total assets. 89.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
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 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€54,567
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 39312 sector peers (2025).
NBB · sector comparisonPosition among 39312 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 days late
2024
8 days late
2023
on the day
2022
1 day late
2021
61 days late
2020
31 days late
2019
53 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 11 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 8 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DA
DELCOFISC ACCOUNTACY BV
Director
- Prisma Consulting 100%score 81equity €10,079 (2025) · 2024 annual accounts of Prisma Consulting
Recent changes
Merger: ETS. NOUJEIM takes over B.V.B.A. DOKTER MAMAY MASEKA
The company holds all the shares of B.V.B.A. DOKTER MAMAY MASEKA · General meeting of 14-08-2026 · Gazette deed
Merger proposal: ETS. NOUJEIM takes over B.V.B.A. DOKTER MAMAY MASEKA
Permanent representative: Guido DELCOURT · The company holds all the shares of B.V.B.A. DOKTER MAMAY MASEKA · Gazette deed
1 director appointed, 1 resignation
Resignation: OBRIGADO BV · Permanent representatives: Davie De Nil and Guido Delcourt · Appointment: DELCOFISC ACCOUNTACY BV · General meeting of 01-03-2026 · Gazette deed
1 director appointed, 1 resignation
Resignation: Prisma Consulting · Permanent representatives: Bert Wenes and Davie De Nil · Appointment: OBRIGADO BV · General meeting of 21-10-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ETS. NOUJEIM Asse | €325,696 | -€14,649 | 10.5% | - |
| J. HEREMANS & C° Willebroek | €324,367 | -€3,044 | 99.6% | - |
| QUERCUS INVEST Ellezelles | €306,121 | -€10,692 | 66.9% | - |
| XAVAL Uccle | €349,078 | -€234,766 | -48.8% | - |
| ADFINANCE BELGIUM Schilde | €298,551 | -€76,467 | -927.4% | - |
| Mariposa Bruges | €367,214 | -€4,996 | 79.6% | 0 |
| B.J.D. Lummen | €380,326 | -€609 | 99.8% | - |
These companies have the same main activity as ETS. NOUJEIM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €299,000 and €380,000, founded between 1982 and 1988.
Official details
Source: KBO- Status
- Active since 14-02-1984Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.024.215.3011730 Asse, since 01-04-1984
- Financial year end
- 31 December
- Peppol
- Reachable since 19-09-2025
Insights on ETS. NOUJEIM
ETS. NOUJEIM files the micro format. That format states no turnover. The gross margin fell from -€497 in 2019 to -€14,649 in 2025.
Prisma Consulting holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ETS. NOUJEIM
- What is the company number of ETS. NOUJEIM?
- The company number of ETS. NOUJEIM is 0425.250.869. The VAT number is the same number with BE in front: BE 0425.250.869.
- Where is ETS. NOUJEIM based?
- The registered office is at Nerviërsstraat 32, 1730 Asse.Company details
- What does ETS. NOUJEIM do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ETS. NOUJEIM?
- ETS. NOUJEIM is a private limited company (BV).
- When was ETS. NOUJEIM founded?
- ETS. NOUJEIM was founded on 14-02-1984.
- Is ETS. NOUJEIM still active?
- Yes, ETS. NOUJEIM is an active enterprise in the KBO register.
- What is the turnover of ETS. NOUJEIM?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ETS. NOUJEIM profitable?
- In financial year 2025, ETS. NOUJEIM made a loss of €54,567.
- Where can I find the annual accounts of ETS. NOUJEIM?
- ETS. NOUJEIM filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETS. NOUJEIM due?
- ETS. NOUJEIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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