N.A. SERVICES · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of N.A. SERVICES is 2.6% (moderate). The 2023 annual accounts show equity of €36k and a net result of €25k. Equity is growing by ~68.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 1618 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 1618 peers (2023). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-08-2024 was due at the National Bank by 31-03-2025. Nothing is on record today, 518 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-08-2023 was due by 31-03-2024 and was filed on 01-04-2024, 1 day late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

How we compute the deadline

The year end is derived from 7 filed financial years, each closing on 31-08. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-08-2023, that is 31-03-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-08-2025	31-03-2026	nothing on record	not filed	-
31-08-2024	31-03-2025	nothing on record	not filed	-
31-08-2023	31-03-2024	01-04-2024	1 d late	2024-00059900
31-08-2022	31-03-2023	28-03-2023	3 d early	2023-00047986
31-08-2021	31-03-2022	17-03-2022	14 d early	2022-07800439
31-08-2020	31-03-2021	23-03-2021	8 d early	2021-08200192
31-08-2019	31-03-2020	11-06-2020	72 d late	2020-16100207
31-08-2018	31-03-2019	28-03-2019	3 d early	2019-08400556
31-08-2016	31-03-2017	16-02-2017	43 d early	2017-04700158

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2015, 11 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.6% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate region +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€176k+83.9%

EBIT margin13.5%-4.2pp

Net result€25k+3.5%

Working capital€28k+3369.5%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 01-04-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Net result: growth of ~43%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 81, Cleaning & landscape services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	86.4%	34.0%	better than 95% of 1618 sector peers
Net result	€25k	€9k	better than 75% of 1609 sector peers
Equity	€36k	€25k	better than 61% of 1618 sector peers
Gross operating margin	€32k	€35k	better than 47% of 1607 sector peers
Total assets	€42k	€85k	better than 28% of 1618 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2020-2023 · n=290-1618

Net result P75

Improving position over 2020-2023 · n=290-1609

Equity P61

Improving position over 2020-2023 · n=292-1618

Gross operating margin P47

Improving position over 2020-2023 · n=289-1607

Describes the position versus peers, not a forecast.

Revenue

€176k

+83.9% 18-23

EBITDA

€27k

+49.3% 18-23

Net profit

€25k

+3.5% 18-23

Cash flow

€28k

+11.2% 18-23

Total assets

€42k

+174.4% 18-23

Equity

€36k

+223.5% 18-23

Working capital

€28k

+3369.5% 18-23

Income taxes

€2k

+1406.2% 18-23

Show 12 other metrics

Debt

€6k

+39.9% 18-23

Debt ≤ 1y

€6k

+39.9% 18-23

Debt > 1y

€10k

-20.7% 18-23

Current ratio

5.87

+390.6% 18-23

Quick ratio

5.87

+390.6% 18-23

Solvency

86.4%

+17.9% 18-23

Debt / equity

0.16

-56.7% 18-23

ROE

69.1%

-68.0% 18-23

ROA

59.7%

-62.3% 18-23

Net margin

14.3%

-43.7% 18-23

EBITDA margin

15.1%

-18.8% 18-23

Interest coverage

36.06

+2.6% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	€176k
EBITDA	€27k
Net profit	€25k
Cash flow	€28k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€42k
Equity	€36k
Debt	€6k
of which ≤ 1y	€6k
of which > 1y	-
Working capital	€28k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	5.87
Quick ratio	5.87
Working capital ratio	66.4%
Solvency	86.4%
Debt / equity	0.16
Long-term debt ratio	-
Interest coverage	36.06
Gross margin	18.1%
Net margin	14.3%
ROA	59.7%
ROE	69.1%
EBITDA margin	15.1%
Days sales outstanding	33d
Days payable outstanding	11d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €8k · 20.0% Current assets €34k · 80.0%

Equity & liabilities

Equity €36k · 86.4% Debt €6k · 13.6%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€42k
Fixed assets	21/28	€8k
Tangible fixed assets	22/27	€8k
Current assets	29/58	€34k
Amounts receivable within one year	40/41	€29k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€42k
Equity	10/15	€36k
Contributions / capital	10/11	€6k
Reserves	13	€6k
Accumulated profits (losses)	14	€25k
Amounts payable	17/49	€6k
Amounts payable within one year	42/48	€6k
Trade debts payable within one year	44	€4k
Income statement
Turnover	70	€176k
Gross operating margin	9900	€32k
Operating result	9901	€24k
Financial income	75	€4k
Financial charges	65	€735
Result before taxes	9903	€27k
Income taxes	67/77	€2k
Net result for the period	9904	€25k
Result to be appropriated	9905	€25k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

100 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

no sitting director

7 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Former directors (1)

Carvalho da Silva Diôgo
Manager
State Gazette act 23045190 (31-03-2023)

Former
- → 24-02-2018

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Overige reiniging van gebouwen; industriële reiniging(81220)
Legal form	Private limited company (pre-2019)(015)
Incorporation	16-07-2015
Status	Active
Postal code	1190

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

218 companies at this address See who is registered here

Establishment units

1 location

Molièrelaan 27, 1190 Vorst

Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden

since 20152.244.970.869

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area2,049 m²

Buildings2

Building footprint808 m²

Volume (LiDAR)7,029 m³

Tallest building20.7 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)