N3 GROUP
N3 GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €457k and a net result of €26k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 100 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €457k |
| Net result | €26k |
| Staff (FTE) | 3.6 |
| Better than sector | 66% |
Mixed profile: strong on stability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
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 | 38.0% | 24.3% | |
| Net result | €26k | €120k | |
| Equity | €457k | €148k | |
| Gross operating margin | €362k | €346k | |
| Staff costs | €189k | €237k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €26k |
| Cash flow | n/a |
| Staff costs | €189k |
| Income taxes | €9k |
| Dividends | - |
| Total assets | €1.20M |
| Equity | €457k |
| Debt | €745k |
| of which ≤ 1y | €147k |
| of which > 1y | €598k |
| Working capital | n/a |
| Employees (FTE) | 3.6 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 38.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 2.2% |
| ROE | 5.7% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.20M |
| Fixed assets | 21/28 | €994k |
| Intangible fixed assets | 21 | €676k |
| Tangible fixed assets | 22/27 | €318k |
| Current assets | 29/58 | €208k |
| Amounts receivable within one year | 40/41 | €151k |
| Cash & bank | 54/58 | €53k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.20M |
| Equity | 10/15 | €457k |
| Contributions / capital | 10/11 | €400k |
| Reserves | 13 | €57k |
| Amounts payable | 17/49 | €745k |
| Amounts payable after one year | 17 | €598k |
| Amounts payable within one year | 42/48 | €147k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €362k |
| Operating result | 9901 | €44k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €35k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
| NACE primary | 66191 |
| Legal form | Public limited company(014) |
| Incorporation | 10-03-2021 |
| Status | Active |
| Postal code | 4621 |
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. |
|---|---|---|---|---|
| 62038A0383/00B004 | Wallonia | 1,936 m² | 1 · 192 m² | 10.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-06-2024 2 directors appointed, 1 resigning
- Godinas Vanessa, Commissaris
- Jamar Solutions Finances, Gedelegeerd bestuurder
- Philippe Hubin, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Godinas Vanessa",
"address": "Rue C\u00E9sar de Paepe, 77 \u00E0 4683 Vivegnis",
"birth_date": "1982-12-20",
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "1006.370.446",
"name": "Godiconsulting SRL",
"address": "Rue C\u00E9sar de Paepe, 77 \u00E0 4683 Vivegnis",
"country": "BE",
"legal_form": "SRL"
},
"statutory": null,
"compensated": null,
"effective_date": "2024-04-10",
"evidence_quote": "Godiconsulting SRL, BCE 1006.370.446 dont le si\u00E8ge social est \u00E9tabli Rue C\u00E9sar de Paepe, 77 \u00E0 4683 Vivegnis et repr\u00E9sent\u00E9e par son unique actionnaire: Godinas Vanessa, n\u00E9e 20/12/1982, domicili\u00E9e Rue C\u00E9sar de Paepe, 77 \u00E0 4683 Vivegnis.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_out",
"role": "administrateur_d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Philippe Hubin",
"address": null,
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"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-05-31",
"evidence_quote": "En date du 31/05/2024, l\u0027administrateur d\u00E9l\u00E9gu\u00E9 actuel charg\u00E9 de la gestion journali\u00E8re, \u00E0 savoir Philippe Hubin Srl, repr\u00E9sent\u00E9 par Philippe Hubin d\u00E9missionnera de ses fonctions d\u0027administrateur.",
"decharge_status": "granted",
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"effective_date_qualifier": "immediate"
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{
"kind": "director_in",
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"via_org": {
"kbo": "0888.974.514",
"name": "Jamar Solutions Finances",
"address": "4620 Fl\u00E9ron, rue Th\u00E9ophile Blanvalet, 12",
"country": "BE",
"legal_form": "SRL"
},
"statutory": null,
"compensated": null,
"effective_date": "2024-06-01",
"evidence_quote": "Est nomm\u00E9e \u00E0 la fonction d\u0027administrateur-d\u00E9l\u00E8gu\u00E9 la SRL Jamar Solutions Finances, dont le si\u00E8ge est \u00E9tabli \u00E0 4620 Fl\u00E9ron, rue Th\u00E9ophile Blanvalet, 12, inscrite \u00E0 la \u0412\u0421\u0415 sous le num\u00E9ro 0888.974.514, repr\u00E9sent\u00E9e par Monsieur Pascal Jamar, administrateur.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-06-26",
"filing_date": "2024-06-13",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-04-10",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0764.873.110",
"name_full": "N3 Group",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0888.974.514",
"org_name": "Jamar Solutions Finances",
"person_name": null,
"org_rep_person_name": "Pascal Jamar",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | N3 GROUP |