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N.C.I.

Active
Public limited companyfounded 1989active for 37 yearsLouizalaan 143, 1050 Brussel, BelgiumKBO/BCE: BE 0438.476.127
Summary

N.C.I. has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €665,287 and a net result of €42,912. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 1,140 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other business support services
NACE 82990
5 sites
Size
€4.6mtotal assets 2025
Staff
11.3 FTE
Equity
€665,287
Profit
€42,912
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Multiburo S. Etr. · 100%
  • MWPIDirector
Auditor: Michel Weber SRLAccounts 23 days early2 of 18 deeds read
Why 90raises riskEquity €665,287 (14.4% of total assets)1 of the last 3 latelowers riskLiquidity: current ratio 1.58, cash €1.5mSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 82, small)
Financial strength · tick = 2024
Strong
Solvency 39=
equity 14.4% of total assets
Liquidity 70-11
short-term debt 41.5% · cash 31.5%
Profitability 70-7
return on assets 0.9%
Bankruptcy probability, 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 0.1% (1,114 companies, NACE 82, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, compared with 2.02 in 2024; short-term debt: 41.5% and cash: 31.5% of total assets), but 85.6% of the assets are financed with debt.
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 82, small): better than 23% on solvency, 85% on liquidity, 57% on profitability and 56% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €665,287 (14.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.58, cash €1.5m
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1140 sector peers (2025).
NBB · sector comparison
Position among 1140 sector peers
Solvency
better than 22%
← weakest strongest →
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 €665,287
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
30 days early
2023
121 days late
2022
46 days early
2021
52 days early
2020
33 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% 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 1 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: KPMG Réviseurs d'entreprises (statutory auditor)Appointment: Michel Weber SRL (statutory…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Permanent representatives: Audrey BARBIER-LITVAK and Jérôme…Gazette deed

Key points

  • Caution: Result fell in 2025from €300,385 to €42,912 ▼ 85.7% View
  • Controlled by Multiburo S. Etr.ultimately: La Poste SA 100% View
  • Active since 1989founded 29-09-1989 37 years View

By topic

Financials

Financial year
2025
Total assets
€4.6m
Profit
€42,912
Solvency
14.4%
Total assets▲ 3.4%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
Multiburo S. Etr. · 100%
Auditor
Michel Weber SRL
  • MWPIDirector
Go to Board & ownership

Timeline

Events
43
Since
1991
Next accounts
by 31-07-2027
  1. 01-07-2025Annual accounts filed
  2. 31-12-2024Highest result from 2018 to 2025
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Other business support servicesNACE 82990
Founded
29-09-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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