N&M

Active

Private limited companyfounded 20214 yrs activeZuster Bernardastraat 67, 1500 Halle, BelgiumKBO/BCE: BE 0775.329.611

The computed 12-month bankruptcy probability of N&M is 2.5% (moderate). The 2024 annual accounts show negative equity (€-1k) and a net result of €-2k. Equity is shrinking by ~329.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 6161 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability62▲+60

Solvency22▼-5

Growth32=

Track record94

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.51 against 0.58 in 2023; short-term debt: 103.3% and cash: 32.8% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-3.3%

Return on assets

-5.3%

Age of the figures

21 mo

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year €-1k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-02-2026, 203 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

203 d late

2023

61 d late

2022

68 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-1k

2023 · €887

2022: €8k 2023: €887

2022 → 2024

Total assets

€45k▼ 20.7%

2023 · €57k

2022: €35k 2023: €57k

2022 → 2024

Net result

€-2k▲ 68.0%

2023 · €-7k

2022: €6k 2023: €-7k

2022 → 2024

Working capital

€-22k▲ 3.0%

2023 · €-23k

2022: €-2k 2023: €-23k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€8k-€887▼ 89.3%€-1k

Operating result€10k-€-6k€858

Net result€6k-€-7k€-2k▲ 68.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €858 after a loss of €6k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €45k

46.9%

53.1%

Fixed assets €21k▼ 12.7%

Current assets €24k▼ 26.6%

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▲

2023 · €-2k

Cash flow

€6k▲

2023 · €-4k

Solvency

-3.3%▼

2023 · 1.6%

Current ratio

0.51▼

2023 · 0.58

Quick ratio

0.51▼

2023 · 0.58

Debt / equity

-31.19

ROA

-5.3%▲

2023 · -13.1%

Interest coverage

6.67▲

2023 · -2.00

Debt

€46k▼

2023 · €56k

Debt ≤ 1 year

€46k▼

2023 · €56k

Income taxes

€2k▲

2023 · €596

Staff costs

€82k▲

2023 · €74k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€57k€45k▼

Fixed assets21/28€24k€21k▼

Intangible fixed assets21€6k€4k▼

Tangible fixed assets22/27€19k€17k▼

Land and buildings22€2k€2k▼

Plant, machinery and equipment23€3k€3k▲

Furniture and vehicles24€14k€13k▼

Current assets29/58€32k€24k▼

Amounts receivable within one year40/41€18k€7k▼

Trade receivables40€18k€7k▼

Other amounts receivable41€116€119▲

Cash at bank and in hand54/58€14k€15k▲

Deferred charges and accrued income490/1€915€2k▲

Equity and liabilities

Total equity and liabilities10/49€57k€45k▼

Equity10/15€887€-1k▼

Contributions10/11€2k€2k=

Profit (loss) carried forward14€-1k€-3k▼

Amounts payable17/49€56k€46k▼

Amounts payable within one year42/48€56k€46k▼

Current portion of amounts payable after more than one year42€5k-

Trade debts44€4k€8k▲

Suppliers440/4€4k€8k▲

Taxes, remuneration and social security45€42k€37k▼

Taxes450/3€24k€20k▼

Remuneration and social security454/9€19k€17k▼

Other amounts payable47/48€5k€794▼

Income statement Code20232024

Remuneration, social security and pensions62€74k€82k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€73k€94k▲

Operating profit (loss)9901€-6k€858▲

Financial income75/76B€19€10▼

Recurring financial income75€19€10▼

Financial charges65/66B€993€1k▲

Recurring financial charges65€993€1k▲

Profit (loss) for the period before taxes9903€-7k€-553▲

Income taxes67/77€596€2k▲

Profit (loss) for the period9904€-7k€-2k▲

Profit (loss) for the period to be appropriated9905€-7k€-2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-1k€-3k▼

Profit (loss) brought forward from the previous period14P€6k€-1k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2026

19-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 203 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Weakest financial yearnet €-7k ▼218%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

07-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 68 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Halle · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Zuster Bernardastraat 671500 Halle

Ground area

101 m²

Building footprint

178 m²

Volume, LiDAR

934 m³

Parcel 23027F0153/00M005, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

N&M

Zuster Bernardastraat 67, 1500 HalleAgents in non-specialised wholesale trade

since 20212.323.307.277

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23027F0153/00M005	Flanders	101 m²	1 · 178 m²	11.5 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 2,500 EUR awarded · 2,500 EUR paid

Year	Entries	awarded	paid
2024	1	2,000 EUR	2,000 EUR
2023	1	500 EUR	500 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Stagebonus (stopgezet)

1 entry · 500 EUR · 500 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 live approvals · 1 ended

Haarverzorging duaal (so)

Goedgekeurd · 2022 to 2027

Kapper (vwo)

Goedgekeurd · 2022 to 2027

Kapper-stylist duaal (so)

Goedgekeurd · 2022 to 2027

Similar companies · same sector, comparable size

Of 21,748 companies in sector 96210 we hold annual accounts for 2,831. 968 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-10-2021

Fiscal year end31-12

Activities, NACEBEL

96021Hairdressing

96210Hairdressing and barber services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.