N.S.C.
ActiveN.S.C. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65M and a net result of €114k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 44% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+8
Solvency48▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.8 in 2024; short-term debt: 18.2% and cash: 0.1% of total assets), but 77.3% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.7%
Return on assets
1.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
28 d early
2022
12 d early
2021
33 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.65M▲ 7.5%
2024 · €1.53M
2018: €406k
2019: €370k
2020: €1.31M
2021: €1.21M
2022: €1.35M
2023: €1.48M
2024: €1.53M
2018 → 2025
Total assets
€7.27M▲ 3.4%
2024 · €7.04M
2018: €7.14M
2019: €6.58M
2020: €5.99M
2021: €5.73M
2022: €5.58M
2023: €5.50M
2024: €7.04M
2018 → 2025
Net result
€114k▲ 127%
2024 · €50k
2018: €41k
2019: €-36k
2020: €942k
2021: €-102k
2022: €145k
2023: €130k
2024: €50k
2018 → 2025
Working capital
€1.04M▼ 36.5%
2024 · €1.64M
2018: €-518k
2019: €2.17M
2020: €2.85M
2021: €2.69M
2022: €2.75M
2023: €2.48M
2024: €1.64M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.21M-€1.35M▲ 12.0%€1.48M▲ 9.6%€1.53M▲ 3.4%€1.65M▲ 7.5%
Operating result€-22k-€170k€169k▼ 0.9%€132k▼ 21.6%€263k▲ 98.7%
Net result€-102k-€145k€130k▼ 10.3%€50k▼ 61.2%€114k▲ 127%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.27M
Fixed assets
€4.91M▲ 9.3%
Current assets
€2.36M▼ 7.2%
Equity and liabilities €7.27M
Equity
€1.65M▲ 7.5%
Debt
€5.62M▲ 2.2%
The debt ratio falls from 78.2% to 77.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€588k▲
2024 · €296k
Cash flow
€439k▲
2024 · €214k
Solvency
22.7%▲
2024 · 21.8%
Current ratio
1.78▼
2024 · 2.80
Quick ratio
1.78▼
2024 · 2.80
Debt / equity
3.41▼
2024 · 3.59
ROE
6.9%▲
2024 · 3.3%
ROA
1.6%▲
2024 · 0.7%
Interest coverage
2.44▲
2024 · 1.63
Debt
€5.62M▲
2024 · €5.50M
Debt ≤ 1 year
€1.33M▲
2024 · €910k
Debt > 1 year
€4.30M▼
2024 · €4.57M
Income taxes
€286▲
2024 · €188
Staff costs
€11k
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€7.04M€7.27M▲
Fixed assets21/28€4.49M€4.91M▲
Tangible fixed assets22/27€4.29M€4.71M▲
Land and buildings22€3.82M€4.27M▲
Plant, machinery and equipment23€470k€438k▼
Furniture and vehicles24-€1k
Financial fixed assets28€202k€202k=
Current assets29/58€2.55M€2.36M▼
Amounts receivable after more than one year29€2.24M€2.02M▼
Trade receivables290€2.24M€2.02M▼
Stocks and contracts in progress3-€8k
Stocks30/36-€8k
Amounts receivable within one year40/41€301k€319k▲
Trade receivables40€63k€75k▲
Other amounts receivable41€238k€244k▲
Cash at bank and in hand54/58€2k€11k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€7.04M€7.27M▲
Equity10/15€1.53M€1.65M▲
Contributions10/11€225k€225k=
Capital10€225k€225k=
Issued capital100€225k€225k=
Reserves13€23k€23k=
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Profit (loss) carried forward14€1.29M€1.40M▲
Amounts payable17/49€5.50M€5.62M▲
Amounts payable after more than one year17€4.57M€4.30M▼
Financial debts170/4€4.57M€4.30M▼
Amounts payable within one year42/48€910k€1.33M▲
Current portion of amounts payable after more than one year42€336k€323k▼
Financial debts43-€436k
Credit institutions430/8-€436k
Trade debts44€176k€86k▼
Suppliers440/4€176k€86k▼
Taxes, remuneration and social security45€75k€66k▼
Taxes450/3€65k€57k▼
Remuneration and social security454/9€9k€9k▼
Other amounts payable47/48€323k€414k▲
Accrued charges and deferred income492/3€18k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€413
Remuneration, social security and pensions62-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163k€325k▲
Other operating charges640/8€47k€38k▼
Gross operating margin9900€343k€637k▲
Operating profit (loss)9901€132k€263k▲
Financial income75/76B€100k€93k▼
Recurring financial income75€100k€93k▼
Financial charges65/66B€181k€241k▲
Recurring financial charges65€181k€241k▲
Profit (loss) for the period before taxes9903€51k€115k▲
Income taxes67/77€188€286▲
Profit (loss) for the period9904€50k€114k▲
Profit (loss) for the period to be appropriated9905€50k€114k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.29M€1.40M▲
Profit (loss) brought forward from the previous period14P€1.24M€1.29M▲
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €145k
Net result €145k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-102k ▼111%
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €942k
Net result €942k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 4.95
Current ratio from 2.13 to 4.95; short-term debt falls from €1.93M to €722k.
30-09
Financial
Equity above €1MEq €1.31M ▲255%
Equity rises from €370k to €1.31M.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity doublescurrent ratio 2.13
Current ratio from 0.89 to 2.13; short-term debt falls from €4.62M to €1.93M.
05-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Laarne · 2 establishment units since 2003
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.
Heirweg 1669270 LaarneGround area
8,332 m²
Building footprint
2,280 m²
Volume, LiDAR
1,591 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
N.S.C.
since 20032.132.347.832
Solariumdreef 5, 9070 Destelbergen
since 20252.373.811.318
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0416/00R000 | Flanders | 4,944 m² | 1 · 2,015 m² | - |
| 42010B0004/00C000 | Flanders | 3,389 m² | 1 · 265 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaarne2.132.347.832
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 2,840 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-06-2003
Fiscal year end30-09
Activities, NACEBEL
56301Cafés and bars
68110Buying and selling of own real estate
93040
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.