NAANAD
ActiveThe computed 12-month bankruptcy probability of NAANAD is 3.9% (moderate). The 2024 annual accounts show equity of €100k and a net result of €61k. Equity is growing by ~86.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 18942 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+19
Solvency100▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.92 against 2.1 in 2023; short-term debt: 24% and cash: 79.8% of total assets), and 24% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
19 d late
2022
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€100k▲ 155%
2023 · €39k
2022: €32k
2023: €39k
2022 → 2024
Total assets
€131k▲ 81.5%
2023 · €72k
2022: €90k
2023: €72k
2022 → 2024
Net result
€61k▲ 762%
2023 · €7k
2022: €17k
2023: €7k
2022 → 2024
Working capital
€92k▲ 182%
2023 · €33k
2022: €14k
2023: €33k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€32k-€39k▲ 21.9%€100k▲ 155%
Operating result€23k-€13k▼ 45.8%€77k▲ 510%
Net result€17k-€7k▼ 58.8%€61k▲ 762%
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 2024; 2024 is 510% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131k
Fixed assets
€8k▼ 21.9%
Current assets
€124k▲ 98.0%
Equity and liabilities €131k
Equity
€100k▲ 155%
Debt
€32k▼ 5.0%
The debt ratio falls from 45.9% to 24.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▲
2023 · €16k
Cash flow
€64k▲
2023 · €10k
Solvency
76.0%▲
2023 · 54.1%
Current ratio
3.92▲
2023 · 2.10
Quick ratio
3.33▲
2023 · 1.21
Debt / equity
0.32▼
2023 · 0.85
ROE
60.8%▲
2023 · 18.0%
ROA
46.2%▲
2023 · 9.7%
Interest coverage
157.08▲
2023 · 19.31
Debt
€32k▼
2023 · €33k
Debt ≤ 1 year
€32k▲
2023 · €30k
Income taxes
€16k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€72k€131k▲
Fixed assets21/28€10k€8k▼
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€3k€2k▼
Current assets29/58€62k€124k▲
Stocks and contracts in progress3€26k€19k▼
Stocks30/36€26k€19k▼
Amounts receivable within one year40/41€2k€169▼
Trade receivables40€2k-
Other amounts receivable41€149€169▲
Cash at bank and in hand54/58€34k€105k▲
Equity and liabilities
Total equity and liabilities10/49€72k€131k▲
Equity10/15€39k€100k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€24k€85k▲
Amounts payable17/49€33k€32k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€30k€32k▲
Current portion of amounts payable after more than one year42€10k€3k▼
Trade debts44€14k€4k▼
Suppliers440/4€14k€4k▼
Taxes, remuneration and social security45€6k€24k▲
Taxes450/3€6k€20k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€99€99=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€18k€2k▼
Gross operating margin9900€34k€83k▲
Operating profit (loss)9901€13k€77k▲
Financial charges65/66B€828€515▼
Recurring financial charges65€828€515▼
Profit (loss) for the period before taxes9903€12k€77k▲
Income taxes67/77€5k€16k▲
Profit (loss) for the period9904€7k€61k▲
Profit (loss) for the period to be appropriated9905€7k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€85k▲
Profit (loss) brought forward from the previous period14P€17k€24k▲
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
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Highest result since 2022net €61k ▲762%
Operating result €77k, net result €61k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €7k ▼58.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Denderleeuw · 1 establishment unit since 2022
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.
Stationsplein 119470 DenderleeuwGround area
198 m²
Building footprint
198 m²
Volume, LiDAR
2,757 m³
Parcel 41011A0609/00B002, Flanders · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Best of Kebap & Pizza
since 20222.327.455.315
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41011A0609/00B002 | Flanders | 198 m² | 1 · 198 m² | 17.1 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDenderleeuw2.327.455.315
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,831 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.