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NA

Active Public limited companyfounded 1994active for 32 yearsFerdinand Lousbergskaai 100 B/001, 9000 GhentKBO/BCE: BE 0453.046.418 #4 oldest company in East Flanders, Libraries, archives and museums sector

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €102,506 (2025)
€102,506▲ 331%
lowest -€51,715 (2023)
€68,521▲ €76,200
peak €558,353 (2010)
€276,773▲ 32.9%
€149,124▼ 19.4%
Board6 names since 2014
2 directors and 1 other
Documentsfilings and deeds
29-04-202693 days before the deadline
2025micro format
Gross margin from €23,788 to €102,506Back to profit: €68,521Equity from €208,252 to €276,773Debts from €184,987 to €149,124

Key points

from the 2025 annual accounts

Equity

€276,773 from €558,353 in 2010

Equity fell by 50% in 15 years.

Result

€68,521 €68,521
-€7,6802024€68,5002025

Back in profit in 2025, after a loss of €7,679 in 2024.

Turnover

≈ €260,000 estimated

The micro format states no turnover.

Liquidity

1.83 was 0.93 in 2024

Short-term debts fell from €118,394 to €90,438.

Filings

31 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2019 accounts came latest: 84 days after the end of the period.

Position in the sector

€68,521

Higher net result than 85% of companies in libraries, archives and museums. Sector median €6,376 · 88 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as NA has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for NA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director, since 01-06-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453046418
Registered office moved from Bruges to Ghent New registered office: Ferdinand Lousbergkaai 100 B/001, 9000 Gent · Previous registered office: Korte Vuldersstraat 30, 8000 Brugge · Board meeting of 19-01-2026 · Gazette deed
2 directors resigning, 1 reappointment Resignations: and · Reappointment: (director) · General meeting of 15-12-2023 · Gazette deed
New managing director appointed, resigned · General meeting of 01-06-2021 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
NA Ghent - - 65.0% -
Hexapoda Waremme €68,919 18.0% 58.6% -
ARCHIBALD MOOF Brussels - - 46.0% -
Brussels Museums Brussels - - 63.5% 9.5
CENTRE D'INNOVATION ET DE DESIGN AU GRAND-HORNU Boussu €100,892 0.8% 71.8% -
Musée Art Présent Passé Louvain-la-Neuve Ottignies-Louvain-la-Neuve - - 83.1% -
Het Kindermuseum / Le Musée des Enfants Ixelles - - 100.0% 16

These companies have the same main activity as NA: libraries, archives, museums and other cultural activities (NACE 91210). They are comparable in size and age: total assets between €390,000 and €1.1m, founded between 1975 and 2010.

Official details

Source: KBO
Status
Active since 04-07-1994Normal situation
Activity
Libraries, archives, museums and other cultural activitiesNACE 91210and 4 others
Establishment unit
2.067.920.8289000 Ghent, since 22-08-1994
Financial year end
31 December
Peppol
Reachable since 28-05-2026
Company details

Annual accounts 2025

€425,897▲ 8.3%
Filing
Filed on 29-04-2026, 93 days before the end of the filing period
Financials

Insights on NA

NA files the micro format. That format states no turnover. The gross margin rose from €21,016 in 2006 to €102,506 in 2025.

The balance sheet grew most in 2010 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NA

What is the company number of NA?
The company number of NA is 0453.046.418. The VAT number is the same number with BE in front: BE 0453.046.418.
Where is NA based?
The registered office is at Ferdinand Lousbergskaai 100 B/001, 9000 Ghent.Company details
What does NA do?
According to the KBO register, the main activity is libraries, archives, museums and other cultural activities (NACE 91210).
What is the legal form of NA?
NA is a public limited company (NV).
When was NA founded?
NA was founded on 04-07-1994.
Is NA still active?
Yes, NA is an active enterprise in the KBO register.
What is the turnover of NA?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €102,506 and 2,201 comparable companies of the same size. It probably lies between €170,000 and €400,000. It is a rough estimate.Financials
Is NA profitable?
In financial year 2025, NA made a profit of €68,521.
Where can I find the annual accounts of NA?
NA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NA due?
NA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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