N&K Group
ActiveThe computed 12-month bankruptcy probability of N&K Group is 2.8% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-67k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 4422 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
10
/ 100
Critical▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency4▼-13
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.74 in 2024), and 93.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.7%
Return on assets
-33.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€67k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 4422 sector peers (2025).
NBB · sector comparisonPosition among 4422 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
7 d early
2022
3 d early
2021
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 83.5%
2024 · €81k
2021: €26k
2022: €31k
2023: €233k
2024: €81k
2021 → 2025
Total assets
€199k▼ 57.2%
2024 · €465k
2021: €35k
2022: €310k
2023: €651k
2024: €465k
2021 → 2025
Net result
€-67k▲ 55.8%
2024 · €-152k
2021: €21k
2022: €5k
2023: €202k
2024: €-152k
2021 → 2025
Working capital
€-25k▼ 59.4%
2024 · €-16k
2021: €22k
2022: €25k
2023: €115k
2024: €-16k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€31k▲ 18.9%€233k▲ 645%€81k▼ 65.4%€13k▼ 83.5%
Operating result€27k-€10k▼ 62.7%€277k▲ 2,671%€-134k€-51k▲ 62.2%
Net result€21k-€5k▼ 76.6%€202k▲ 3,952%€-152k€-67k▲ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €51k in 2025 against €134k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€199k▼ 52.6%
Current assets
€53▼ 99.9%
Equity and liabilities €199k
Equity
€13k▼ 83.5%
Debt
€186k▼ 51.7%
The debt ratio rises from 82.7% to 93.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-45k▲
2024 · €-122k
Cash flow
€-62k▲
2024 · €-140k
Solvency
6.7%▼
2024 · 17.3%
Current ratio
0.00▼
2024 · 0.74
Quick ratio
0.00▼
2024 · 0.74
Debt / equity
13.98▲
2024 · 4.77
ROE
-505.8%▼
2024 · -188.9%
ROA
-33.8%▼
2024 · -32.7%
Interest coverage
-2.72▲
2024 · -5.66
Debt
€186k▼
2024 · €384k
Debt ≤ 1 year
€25k▼
2024 · €61k
Debt > 1 year
€160k▼
2024 · €323k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€465k€199k▼
Fixed assets21/28€420k€199k▼
Tangible fixed assets22/27€411k€199k▼
Land and buildings22€396k€197k▼
Plant, machinery and equipment23€3k-
Furniture and vehicles24€12k€2k▼
Financial fixed assets28€9k-
Current assets29/58€45k€53▼
Amounts receivable within one year40/41€26k€53▼
Trade receivables40€10k-
Other amounts receivable41€16k€53▼
Cash at bank and in hand54/58€19k-
Equity and liabilities
Total equity and liabilities10/49€465k€199k▼
Equity10/15€81k€13k▼
Contributions10/11€5k€5k=
Reserves13€76k€8k▼
Distributable reserves133€76k€8k▼
Amounts payable17/49€384k€186k▼
Amounts payable after more than one year17€323k€160k▼
Financial debts170/4€323k€160k▼
Amounts payable within one year42/48€61k€25k▼
Current portion of amounts payable after more than one year42€21k€5k▼
Trade debts44€36k-
Suppliers440/4€36k-
Taxes, remuneration and social security45€318€1k▲
Taxes450/3€318€1k▲
Other amounts payable47/48€4k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€13k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€6k▼
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A€23k€11k▼
Gross operating margin9900€-82k€-33k▲
Operating profit (loss)9901€-134k€-51k▲
Financial income75/76B€4k€91▼
Recurring financial income75€3k€91▼
Non-recurring financial income76B€886-
Financial charges65/66B€22k€17k▼
Recurring financial charges65€22k€17k▼
Profit (loss) for the period before taxes9903€-152k€-67k▲
Income taxes67/77€318-
Profit (loss) for the period9904€-152k€-67k▲
Profit (loss) for the period to be appropriated9905€-152k€-67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-152k€-67k▲
Transfer from equity791/2€152k€67k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-152k ▼176%
Net result drops to €-152k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €202k ▲3952%
Operating result €277k, net result €202k, both a record.
31-12
Financial
Equity above €200kEq €233k ▲645%
3 profitable years in a row build equity to €233k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kwikstaartlaan 119032 GentGround area
415 m²
Building footprint
138 m²
Volume, LiDAR
785 m³
Parcel 44074C0549/00A003, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
N&K Group
since 20212.324.064.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0549/00A003 | Flanders | 414 m² | 1 · 138 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MN-Group
BE 0667.771.853
Mortsel · Eq €13k
FRAMO GEVELWERKEN
BE 0449.300.436
Bree · Eq €13k
RG SERVICES
BE 0758.665.011
Grimbergen · Eq €13k
P.A.
BE 0449.268.861
Machelen (Brab.) · Eq €13k
WINDOWLINE
BE 0898.949.478
Aartselaar · Eq €13k
Of 6,946 companies in sector 81220 we hold annual accounts for 2,383. 1,574 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2021
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.