N1M3
ActiveSummary
N1M3 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▼-6
Solvency77▼-10
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 1.95 against 2.49 in 2023; short-term debt: 48.5% and cash: 32.1% of total assets), and 48.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
51.5%
Return on assets
20.1%
Age of the figures
21 mo
raises risk · 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 10-11-2025, 102 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
102 d late
2023
19 d late
2022
24 d late
2021
74 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€24k▼ 31.4%
2023 · €34k
2021: €15k
2022: €-16k▼ -211% vs 2021lowest in 4 years
2023: €34k▲ +313% vs 2022highest in 4 years
2024: €24k▼ -31.4% vs 2023
2021 → 2024
Total assets
€46k▼ 17.7%
2023 · €56k
2021: €24k
2022: €4k▼ -82.9% vs 2021lowest in 4 years
2023: €56k▲ +1275% vs 2022highest in 4 years
2024: €46k▼ -17.7% vs 2023
2021 → 2024
Net result
€9k▼ 81.8%
2023 · €50k
2021: €11k
2022: €-31k▼ -390% vs 2021lowest in 4 years
2023: €50k▲ +264% vs 2022highest in 4 years
2024: €9k▼ -81.8% vs 2023
2021 → 2024
Working capital
€21k▼ 33.6%
2023 · €32k
2021: €13k
2022: €-16k▼ -221% vs 2021lowest in 4 years
2023: €32k▲ +303% vs 2022highest in 4 years
2024: €21k▼ -33.6% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€15k-€-16k€34k€24k▼ 31.4%
2021: €15k
2022: €-16k▼ -211% vs 2021lowest in 4 years
2023: €34k▲ +313% vs 2022highest in 4 years
2024: €24k▼ -31.4% vs 2023
Operating result€13k-€-30k€57k€13k▼ 77.4%
2021: €13k
2022: €-30k▼ -336% vs 2021lowest in 4 years
2023: €57k▲ +288% vs 2022highest in 4 years
2024: €13k▼ -77.4% vs 2023
Net result€11k-€-31k€50k€9k▼ 81.8%
2021: €11k
2022: €-31k▼ -390% vs 2021lowest in 4 years
2023: €50k▲ +264% vs 2022highest in 4 years
2024: €9k▼ -81.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€3k ▼ 6.3%
Current assets
€43k ▼ 18.3%
Equity and liabilities €46k
Equity
€24k ▼ 31.4%
Debt
€22k ▲ 4.4%
Debt's share of the balance-sheet total rises from 38.2% to 48.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2023 · €59k
Cash flow
€12k▼
2023 · €53k
Current ratio
1.95▼
2023 · 2.49
Debt to equity
0.94▲
2023 · 0.62
ROE
39.0%▼
2023 · 146.9%
ROA
20.1%▼
2023 · 90.8%
Interest coverage
40.14▼
2023 · 217.65
Debt ≤ 1 year
€22k▲
2023 · €21k
Income taxes
€4k▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€56k€46k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€53k€43k▼
Amounts receivable within one year40/41€12k€28k▲
Trade receivables40€12k€19k▲
Other amounts receivable41-€9k
Cash at bank and in hand54/58€41k€15k▼
Deferred charges and accrued income490/1-€410
Equity and liabilities
Total equity and liabilities10/49€56k€46k▼
Equity10/15€34k€24k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€30k€20k▼
Amounts payable17/49€21k€22k▲
Amounts payable within one year42/48€21k€22k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€13k€15k▲
Taxes450/3€13k€15k▲
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8-€387
Gross operating margin9900€59k€16k▼
Operating profit (loss)9901€57k€13k▼
Financial income75/76B€7€410▲
Recurring financial income75€7€410▲
Financial charges65/66B€272€392▲
Recurring financial charges65€272€392▲
Profit (loss) for the period before taxes9903€57k€13k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€50k€9k▼
Profit (loss) for the period to be appropriated9905€50k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€40k▲
Profit (loss) brought forward from the previous period14P€-20k€30k▲
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €173 | €2k | €2k | €3k | ▲ 34.0% |
| Other operating charges640/8 | €50 | - | - | €387 | - |
| Gross operating margin9900 | €13k | €-29k | €59k | €16k | ▼ 72.8% |
| Operating profit (loss)9901 | €13k | €-30k | €57k | €13k | ▼ 77.4% |
| Financial income75/76B | €108 | €6 | €7 | €410 | ▲ 6,124% |
| Recurring financial income75 | €108 | €6 | €7 | €410 | ▲ 6,124% |
| Financial charges65/66B | €8 | €259 | €272 | €392 | ▲ 44.0% |
| Recurring financial charges65 | €8 | €259 | €272 | €392 | ▲ 44.0% |
| Profit (loss) for the period before taxes9903 | €13k | €-31k | €57k | €13k | ▼ 77.3% |
| Income taxes67/77 | €2k | - | €6k | €4k | ▼ 41.2% |
| Profit (loss) for the period9904 | €11k | €-31k | €50k | €9k | ▼ 81.8% |
| Profit (loss) for the period to be appropriated9905 | €11k | €-31k | €50k | €9k | ▼ 81.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24k | €4k | €56k | €46k | ▼ 17.7% |
| Fixed assets21/28 | €4k | €4k | €3k | €3k | ▼ 6.3% |
| Tangible fixed assets22/27 | €4k | €4k | €3k | €3k | ▼ 6.3% |
| Plant, machinery and equipment23 | €4k | €4k | - | - | - |
| Furniture and vehicles24 | - | - | €3k | €3k | ▼ 6.3% |
| Current assets29/58 | €20k | €386 | €53k | €43k | ▼ 18.3% |
| Amounts receivable within one year40/41 | €17k | - | €12k | €28k | ▲ 142% |
| Trade receivables40 | €13k | - | €12k | €19k | ▲ 64.1% |
| Other amounts receivable41 | €3k | - | - | €9k | - |
| Cash at bank and in hand54/58 | €3k | €386 | €41k | €15k | ▼ 64.4% |
| Deferred charges and accrued income490/1 | €108 | - | - | €410 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24k | €4k | €56k | €46k | ▼ 17.7% |
| Equity10/15 | €15k | €-16k | €34k | €24k | ▼ 31.4% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €11k | €-20k | €30k | €20k | ▼ 35.6% |
| Amounts payable17/49 | €9k | €20k | €21k | €22k | ▲ 4.4% |
| Amounts payable within one year42/48 | €7k | €16k | €21k | €22k | ▲ 4.4% |
| Trade debts44 | €3k | €2k | €2k | €2k | ▲ 10.5% |
| Suppliers440/4 | €3k | €2k | €2k | €2k | ▲ 10.5% |
| Taxes, remuneration and social security45 | €4k | €2k | €13k | €15k | ▲ 11.6% |
| Taxes450/3 | €4k | €2k | €13k | €15k | ▲ 11.6% |
| Other amounts payable47/48 | - | €12k | €6k | €5k | ▼ 15.2% |
| Accrued charges and deferred income492/3 | €2k | €4k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €-31k | €50k | €9k | ▼ 81.8% |
| + Depreciation and write-downs630 | €173 | €2k | €2k | €3k | ▲ 34.0% |
| Operating cash flow (approximation) | €11k | €-29k | €53k | €12k | ▼ 77.2% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €-3k | ▼ 130% |
| Change in cash | - | €-3k | €41k | €-27k | ▼ 165% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Liquidity times 103current ratio 2.49
Current ratio from 0.02 to 2.49.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Herent · 1 establishment unit since 2021
Ground area
112 m²
Building footprint
112 m²
Volume, LiDAR
790 m³
Parcel 24423H0400/00T003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
N1M3
since 20212.322.010.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423H0400/00T003 | Flanders | 112 m² | 1 · 112 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
VALUE DRIVERS PARTNERS
BE 1000.816.009
Antwerpen · Eq €23,559
SOLID +
BE 0538.948.628
Stekene · Eq €23,559
W5H
BE 1015.216.549
Wemmel · Eq €23,555
WeLoveDataScience
BE 0661.684.114
Villers-la-Ville · Eq €23,555
Martine Rorif
BE 1008.634.704
Grez-Doiceau · Eq €23,569
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 32,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63920Other information service activities
70100Activities of head offices
82990Other business support services
Contact
E-mail
iandyrhanov@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.