N&M
The computed 12-month bankruptcy probability of N&M is 2.4% (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 33% of 1740 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1k |
| Net result | €-2k |
| Better than sector | 33% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on growth.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3.3% | 14.7% | |
| Net result | €-2k | €1k | |
| Equity | €-1k | €5k | |
| Gross operating margin | €94k | €16k | |
| Staff costs | €82k | €26k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €9k |
| Net profit | €-2k |
| Cash flow | €6k |
| Staff costs | €82k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €45k |
| Equity | €-1k |
| Debt | €46k |
| of which ≤ 1y | €46k |
| of which > 1y | - |
| Working capital | €-22k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.51 |
| Quick ratio | 0.51 |
| Working capital ratio | -50.2% |
| Solvency | -3.3% |
| Debt / equity | -31.19 |
| Long-term debt ratio | - |
| Interest coverage | 6.67 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.3% |
| ROE | 159.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €45k |
| Fixed assets | 21/28 | €21k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €17k |
| Current assets | 29/58 | €24k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45k |
| Equity | 10/15 | €-1k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-3k |
| Amounts payable | 17/49 | €46k |
| Amounts payable within one year | 42/48 | €46k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €94k |
| Operating result | 9901 | €858 |
| Financial income | 75 | €10 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-553 |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | Personal services(96210) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2021 |
| Status | Active |
| Postal code | 1500 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027F0153/00M005 | Flanders | 101 m² | 1 · 178 m² | 11.5 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-03-2026 2 directors appointed
- Melisa Raymaekers, Bestuurder
- BV Fiscaal Consult, Dagelijks bestuur
Technical details
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"effective_date": "2026-01-02",
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"evidence_quote": "De algemene vergadering verleent volmacht aan BV Fiscaal Consult, rechtspersoon met zetel te 9500 Geraardsbergen, Astridlaan 140, RPR Gent afdeling Oudenaarde, gekend in de KBO onder nummer 0461.909.545, en aan diens aangestelden, voor onbepaalde tijd en tot aan de uitdrukkelijke herroeping, voor wa",
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-05",
"filing_date": "2026-02-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-02-13",
"unanimous": null
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],
"is_correction": false,
"subject_company": {
"kbo": "0775.329.611",
"name_full": "N\u0026M",
"legal_form": "BV"
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"publication_proxy": {
"kind": "person",
"org_kbo": "0461.909.545",
"org_name": "BV Fiscaal Consult",
"person_name": "Jan De Smet-Van Damme",
"org_rep_person_name": "Jan De Smet-Van Damme",
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 13/02/2026"
],
"corrected_publication_numac": null
}07-10-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1500 Halle, Zuster Bernardastraat 67",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
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"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-11-17",
"name": "UYTEBROEK Nicolas Krist",
"niss": null,
"address": "Lembeek (1502 Halle) Dokter Spitaelslaan 242/A0000"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "UYTEBROEK Nicolas Krist",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
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"initial_directors": [],
"incorporation_date": "2021-10-04",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | N&M |