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Complete company report
Generated 21-08-2026
Active BE 0805.698.826Private limited company

N-Bel

Louizalaan 65 ·1050 Elsene, Belgium· 2 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of N-Bel is 5.0% (elevated). The 2024 annual accounts show negative equity (€-3k) and a net result of €-3k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-3k
Net result €-3k
Active 2 yrs
Board 2
Financial profile 3 of 5 axes measured · computed by Checked
Health-Profitability100Solvency100Growth-Stability67
89 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 100
Solvency 100
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
5.0% Elevated
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Higher-failure-rate region +

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
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.
Health barometer
No health score: the filing is too brief
The accounts filed for FY 2024 supply 2 of the 6 factors this model weighs. Below 3 we publish no score, because it would mostly describe the model rather than this company.
This is not a judgement about the company. Micro and abbreviated schemas may omit turnover (rubriek 70), which makes the EBITDA margin and often the interest coverage impossible to compute.
Financial overview1 NBB filings
Annual accounts filed on 27-11-2025 with the NBB · fiscal year 2024 · volledig
Fiscal year2024
Depositvolledig
Revenue-
EBITDA-
Net profit€-3k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets-
Equity€-3k
Debt€3k
of which ≤ 1y€3k
of which > 1y-
Working capital-
Employees (FTE)-
Ratios (computed)
2024
Current ratio-
Quick ratio-
Working capital ratio-
Solvency-
Debt / equity-1.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-
ROE100.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (11 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Equity & liabilities
Equity 10/15€-3k
Accumulated profits (losses) 14€-3k
Amounts payable 17/49€3k
Amounts payable within one year 42/48€3k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-3k
Financial charges 65€19
Result before taxes 9903€-3k
Net result for the period 9904€-3k
Result to be appropriated 9905€-3k
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Philippe Hijazin
    Director
    State Gazette act 24133825 (16-09-2024)
    Current
    02-08-2024 → present
  • Laurent Dassonville
    Director
    State Gazette act 24086868 (10-06-2024)
    Current
    16-05-2024 → present
Former directors (1)
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation11-09-2023
StatusActive
Postal code1050
Connections & network 10 connected companies
Group structure
BELLECOM
We sit on their board · 1 location
→
LAMIBEL
We sit on their board · 1 location
→
LCP NIVELLES DC
We sit on their board · 1 location
→
Louise Legrand 523
We sit on their board · 1 location
→
Show 6 more group companies
PAKOBO
We sit on their board · 1 location
→
Place Sainte-Gudule 19
We sit on their board · 1 location
→
Ravenstein 36
We sit on their board · 1 location
→
RUMST LOGISTICS
We sit on their board · 1 location
→
RUMST LOGISTICS III
We sit on their board · 1 location
→
Visio Property BelCo
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control 10 parties
N-BelBE 0805.698.826
controls
Where this company holds controlthis company sits on their board10
BELLECOM
1 location
LAMIBEL
1 location
LCP NIVELLES DC
1 location
Louise Legrand 523
1 location
PAKOBO
1 location
Place Sainte-Gudule 19
1 location
+4 more in the list below

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location
N-Bel
Louizalaan 489, 1050 ElseneHoldings
since 20232.352.244.654
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0224/00S007 Brussels 1,833 m² 1 · 1,831 m² 45.6 m · 8 fl.
21807G0007/00R000 Brussels 1,683 m² 1 · 2,433 m² 35.6 m · 9 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
12-06-2026
State Gazette act Open capture
Seat change · Power of attorney · General meeting · Act object
24-04-2026
State Gazette act Open capture
Act object · Officer resignation · Officer discharge · Officer appointment
24-04-2026
State Gazette act Open capture
Act object · Officer resignation · Officer discharge · Officer appointment
10-04-2026
State Gazette act Open capture
Act object · Officer resignation · Officer discharge · Officer appointment
2025
27-11-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
16-09-2024
State Gazette act Director changes
v3.2
10-06-2024
State Gazette act Director changes
v3.2
2023
13-09-2023
State Gazette act Incorporation
oprichting
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 7 acts
Address history · 1
12-06-2026
Seat change: new: Avenue Louise 65 boîte 1 à 1050 Bruxelles, old: Avenue Louise 489, 1050 Bruxelles, effective_date: 2026-02-10
All acts · 7 updated 2 months ago
2026
12-06-2026 Seat change · Power of attorney · General meeting · Act object Open-capture extraction
  • Filing: 2026-06-05 · N-Bel
  • Publication: 2026-06-12 · N-Bel
  • Seat change: new: Avenue Louise 65 boîte 1 à 1050 Bruxelles, old: Avenue Louise 489, 1050 Bruxelles, effective_date: 2026-02-10 · N-Bel
  • Power of attorney: date: 2026-02-10, scope: dépôt au Tribunal de l'entreprise compétent et en général de faire ce qui est nécessaire ou utile à cet effet, grantee: Steve Verbeke, grantor: N-Bel · N-Bel
  • General meeting: date: 2026-02-10, type: Extrait des résolutions écrites de l'actionnaire unique · N-Bel
  • Act object: Transfert du siège social
Summary: Seat change · Power of attorney · General meeting · Act object
Technical details 
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      "value": "2026-06-12",
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    {
      "type": "seat_change",
      "quote": "L\u0027organe d\u0027administration d\u00E9cide \u00E0 l\u0027unanimit\u00E9 de transf\u00E9rer le si\u00E8ge social de la Soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante Avenue Louise 65 bo\u00EEte 1 \u00E0 1050 Bruxelles. Cette d\u00E9cision prend effet \u00E0 compter du 10 f\u00E9vrier 2026.",
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        "effective_date": "2026-02-10"
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      "object": null,
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    {
      "type": "power_of_attorney",
      "quote": "Le conseil d\u0027administration donne pouvoir \u00E0 Monsieur Steve Verbeke, ou tout autre collaborateur de la soci\u00E9t\u00E9 IQ EQ (Luxembourg) SA... chacun agissant seul avec pouvoir de sub-d\u00E9l\u00E9gation, afin d\u0027effectuer le d\u00E9p\u00F4t au Tribunal de l\u0027entreprise comp\u00E9tent et en g\u00E9n\u00E9ral de faire ce qui est n\u00E9cessaire ou utile \u00E0 cet effet",
      "value": {
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        "grantee": "Steve Verbeke",
        "grantor": "N-Bel",
        "sub_delegation": true
      },
      "object": "e2",
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    {
      "type": "act_object",
      "quote": "Objet de l\u0027acte: Transfert du si\u00E8ge social",
      "value": "Transfert du si\u00E8ge social",
      "object": null,
      "subject": null
    }
  ],
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24-04-2026 Act object · Officer resignation · Officer discharge · Officer appointment Open-capture extraction
  • Filing: 2026-04-17 · PANTON KORTENBERG VASTGOED
  • Publication: 2026-04-24 · PANTON KORTENBERG VASTGOED
  • Act object: Bestuurder wijziging · PANTON KORTENBERG VASTGOED
  • Officer resignation: 2024-05-28 · Joannes van de Kimmenade
  • Officer resignation: 2024-05-28 · Marco Dubois
  • Officer discharge: provisional · Joannes van de Kimmenade
  • Officer discharge: provisional · Marco Dubois
  • Officer appointment: 2024-05-28 · IQ EQ Holdings (Belgium) SA
  • Permanent representative · Laurent Dassonville
  • Officer appointment: 2024-05-28 · N-Bel BV
  • Permanent representative · Abdelilah Ait-Ahmad
  • Mandate compensation: cost_free · IQ EQ Holdings (Belgium) SA
  • Mandate compensation: cost_free · N-Bel BV
  • Power of attorney: signing_and_formalities · Rosie Hege
  • Power of attorney: signing_and_formalities · Steve Verbeke
Summary: Act object · Officer resignation · Officer discharge · Officer appointment
Technical details 
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      "quote": "neergelegd/ontvangen op 17 APR, 2026",
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      "value": "2024-05-28",
      "object": "e1",
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      "type": "permanent_representative",
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      "value": null,
      "object": "e4",
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    },
    {
      "type": "officer_appointment",
      "quote": "Besluit tot benoeming van: - (ii) N-Bel BV ... als bestuurder van de Vennootschap ... met onmiddellijke ingang.",
      "value": "2024-05-28",
      "object": "e1",
      "subject": "e6"
    },
    {
      "type": "permanent_representative",
      "quote": "N-Bel BV ... als bestuurder van de Vennootschap, met als vaste vertegenwoordiger de heer Abdelilah Ait-Ahmad",
      "value": null,
      "object": "e6",
      "subject": "e7"
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    {
      "type": "mandate_compensation",
      "quote": "Het mandaat wordt kosteloos uitgevoerd",
      "value": "cost_free",
      "object": "e1",
      "subject": "e4"
    },
    {
      "type": "mandate_compensation",
      "quote": "Het mandaat wordt kosteloos uitgevoerd",
      "value": "cost_free",
      "object": "e1",
      "subject": "e6"
    },
    {
      "type": "power_of_attorney",
      "quote": "De aandeelhouders verlenen volmacht aan de naamloze vennootschap IQ EQ Holdings (Belgium) SA ... vertegenwoordigd door Mevrouw Rosie Hege ... om de formulieren vereist voor depublicatie in het Belgisch Staatsblad te ondertekenen en de nodige formaliteiten bij de Nederlandstalige Ondernemingsrechtbank van Brussel uit te voeren.",
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      "subject": "e9"
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24-04-2026 Act object · Officer resignation · Officer discharge · Officer appointment Open-capture extraction
  • Publication: 2026-04-24 · RUMST LOGISTICS II
  • Filing: 2026-04-17 · RUMST LOGISTICS II
  • Act object: Bestuurder wijziging · RUMST LOGISTICS II
  • Officer resignation: 2024-05-28 · Joannes van de Kimmenade
  • Officer resignation: 2024-05-28 · Marco Dubois
  • Officer discharge: provisional · Joannes van de Kimmenade
  • Officer discharge: provisional · Marco Dubois
  • Officer appointment: 2024-05-28 · IQ EQ Holdings (Belgium) SA
  • Permanent representative · Laurent Dassonville
  • Officer appointment: 2024-05-28 · N-Bel BV
  • Permanent representative · Abdelilah Aït-Ahmad
  • Mandate compensation: cost_free · IQ EQ Holdings (Belgium) SA
  • Mandate compensation: cost_free · N-Bel BV
  • Officer appointment: 2024-05-28 · Philip Redding
  • Power of attorney: signing_and_formalities · Steve Verbeke
  • Power of attorney: signing_and_formalities · IQ EQ Holdings (Belgium) SA
Summary: Act object · Officer resignation · Officer discharge · Officer appointment
Technical details 
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10-04-2026 Act object · Officer resignation · Officer discharge · Officer appointment Open-capture extraction
  • Publication: 2026-04-10 · Titanium Ruth Belgium Holdco
  • Filing: 2026-04-02 · Titanium Ruth Belgium Holdco
  • Act object: Ontslag, Benoeming van de Bestuurders · Titanium Ruth Belgium Holdco
  • Officer resignation: 2024-05-28 · Joannes van de Kimmenade
  • Officer resignation: 2024-05-28 · Marco Dubois
  • Officer discharge: provisional · Joannes van de Kimmenade
  • Officer discharge: provisional · Marco Dubois
  • Officer appointment: 2024-05-28 · IQ EQ Holdings (Belgium) SA
  • Permanent representative · Laurent Dassonville
  • Officer appointment: 2024-05-28 · N-Bel BV
  • Permanent representative · Abdelilah Ait-Ahmad
  • Mandate compensation: cost_free · IQ EQ Holdings (Belgium) SA
  • Mandate compensation: cost_free · N-Bel BV
  • Officer appointment: 2024-05-28 · Philip Redding
  • Power of attorney: signing_and_formalities · Rosie Hege
  • Power of attorney: signing_and_formalities · Steve Verbeke
Summary: Act object · Officer resignation · Officer discharge · Officer appointment
Technical details 
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      "type": "mandate_compensation",
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      "type": "mandate_compensation",
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2024
16-09-2024 Philippe Hijazin appointed as director Director changes
  • Philippe Hijazin, Bestuurder
Summary: v3.2
Technical details 
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  }
}
10-06-2024 1 director appointed, 1 resigning Director changes
  • Laurent Dassonville, Bestuurder
  • Joannes van de Kimmenade, Bestuurder
Summary: v3.2
Technical details 
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2023
13-09-2023 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
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      "contribution_type": "cash",
      "amount_paid_in_eur": 0,
      "holder_person_name": null,
      "is_subscriber_only": true,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 1,
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    "kbo": "0805.698.826",
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  "incorporation_date": "2023-09-08",
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR N-Bel
Registered office
Louizalaan 65 bus 1
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative