NA GROUP
ActiveThe computed 12-month bankruptcy probability of NA GROUP is 2.5% (moderate). The annual accounts of NA GROUP for fiscal year 2025 show a net loss of 384% of total assets and of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-48k. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 47% of 18173 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-79
Solvency56▼-44
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.32 against 4.02 in 2024; short-term debt: 69.1% and cash: 75.5% of total assets), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
-384.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
15 d late
2024
16 d early
2023
30 d early
2022
35 d early
2021
48 d early
2020
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 92.6%
2024 · €52k
2020: €88k
2021: €74k
2022: €70k
2023: €47k
2024: €52k
2020 → 2025
Total assets
€13k▼ 80.6%
2024 · €64k
2020: €99k
2021: €78k
2022: €72k
2023: €58k
2024: €64k
2020 → 2025
Net result
€-48k
2024 · €5k
2020: €75k
2021: €-14k
2022: €-4k
2023: €-23k
2024: €5k
2020 → 2025
Working capital
€3k▼ 92.6%
2024 · €37k
2020: €-2k
2021: €3k
2022: €19k
2023: €15k
2024: €37k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€70k▼ 5.5%€47k▼ 33.0%€52k▲ 11.3%€4k▼ 92.6%
Operating result€-11k-€-3k▲ 74.8%€-20k▼ 621%€4k€-44k
Net result€-14k-€-4k▲ 71.3%€-23k▼ 468%€5k€-48k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €44k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€1k▼ 92.6%
Current assets
€11k▼ 77.1%
Equity and liabilities €13k
Equity
€4k▼ 92.6%
Debt
€9k▼ 30.3%
The debt ratio rises from 19.3% to 69.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2024 · €23k
Cash flow
€-35k▼
2024 · €24k
Solvency
30.9%▼
2024 · 80.7%
Current ratio
1.32▼
2024 · 4.02
Quick ratio
1.32▼
2024 · 3.93
Debt / equity
2.23▲
2024 · 0.24
ROA
-384.2%▼
2024 · 8.2%
Interest coverage
-6.78▼
2024 · 125.46
Debt
€9k▼
2024 · €12k
Debt ≤ 1 year
€9k▼
2024 · €12k
Income taxes
€212▼
2024 · €235
A ratio outside any meaningful range has been withheld (balance sheet total €13k, equity €4k).
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€64k€13k▼
Fixed assets21/28€15k€1k▼
Tangible fixed assets22/27€15k€1k▼
Plant, machinery and equipment23€547€335▼
Furniture and vehicles24€14k€750▼
Current assets29/58€50k€11k▼
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€11k€948▼
Trade receivables40€10k€709▼
Other amounts receivable41€665€239▼
Cash at bank and in hand54/58€38k€9k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€64k€13k▼
Equity10/15€52k€4k▼
Contributions10/11€13k€13k=
Profit (loss) carried forward14€40k€-9k▼
Amounts payable17/49€12k€9k▼
Amounts payable within one year42/48€12k€9k▼
Trade debts44€10k€374▼
Suppliers440/4€10k€374▼
Taxes, remuneration and social security45€494€6k▲
Taxes450/3€235€212▼
Remuneration and social security454/9€259€6k▲
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€323-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€13k▼
Other operating charges640/8€906€520▼
Gross operating margin9900€24k€-30k▼
Operating profit (loss)9901€4k€-44k▼
Financial income75/76B€2k€30▼
Recurring financial income75€2k€30▼
Financial charges65/66B€181€4k▲
Recurring financial charges65€181€4k▲
Profit (loss) for the period before taxes9903€6k€-48k▼
Income taxes67/77€235€212▼
Profit (loss) for the period9904€5k€-48k▼
Profit (loss) for the period to be appropriated9905€5k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-9k▼
Profit (loss) brought forward from the previous period14P€34k€40k▲
The notes to these accounts (4 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
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
31-12
Financial
Weakest financial yearnet €-48k ▼1011%
Net result drops to €-48k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 8.40
Current ratio from 1.73 to 8.40; short-term debt falls from €4k to €3k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.73
Current ratio from 0.80 to 1.73; short-term debt falls from €11k to €4k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2020
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.
Heidestraat 572660 AntwerpenGround area
193 m²
Building footprint
76 m²
Volume, LiDAR
615 m³
Parcel 11383B0471/00W000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AHOUJIL Narjiss
since 20202.300.095.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0471/00W000 | Flanders | 193 m² | 1 · 76 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 898 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
73110Advertising agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.