NABO
ActiveSummary
NABO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20,602 and a net result of €26,468. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 25% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency53▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.95 in 2023; short-term debt: 61.2% and cash: 4.7% of total assets), and 72.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
27.5%
Return on assets
35.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
42 d early
2021
41 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€20,602=
2023 · €20,602
Total assets
€74,912▼ 21.9%
2023 · €95,921
Net result
€26,468▼ 28.0%
2023 · €36,774
Working capital
€2,984
2023 · -€2,657
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€46,804▲ 26.8%€47,281▲ 1.0%€46,579▼ 1.5%€47,525▲ 2.0%€34,381▼ 27.7%
Net result€36,796▲ 30.4%€36,994▲ 0.5%€36,509▼ 1.3%€36,774▲ 0.7%€26,468▼ 28.0%
Equity€20,602=€20,602=€20,602=€20,602=€20,602=
Total assets€66,706▼ 15.3%€70,971▲ 6.4%€104,686▲ 47.5%€95,921▼ 8.4%€74,912▼ 21.9%
Debt€46,104▼ 20.7%€50,369▲ 9.3%€84,084▲ 66.9%€75,319▼ 10.4%€54,310▼ 27.9%
Working capital€14,364▼ 29.6%€17,088▲ 19.0%-€4,638-€2,657▲ 42.7%€2,984
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 28% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,912
Fixed assets
€26,077 ▼ 36.7%
Current assets
€48,834 ▼ 10.8%
Equity and liabilities €74,912
Equity
€20,602 =
Debt
€54,310 ▼ 27.9%
Debt's share of the balance-sheet total falls from 78.5% to 72.5%. Debt is lower.
Key figures and ratios
EBITDA
€49,475▼
2023 · €62,060
Cash flow
€41,562▼
2023 · €51,309
Current ratio
1.07▲
2023 · 0.95
Debt to equity
2.64▼
2023 · 3.66
ROE
128.5%▼
2023 · 178.5%
ROA
35.3%▼
2023 · 38.3%
Interest coverage
70.66▲
2023 · 56.08
Debt ≤ 1 year
€45,850▼
2023 · €57,407
Debt > 1 year
€8,440▼
2023 · €17,727
Income taxes
€7,373▼
2023 · €9,886
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,429 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,523 | €2,574 | €4,803 | €14,535 | €15,093 | ▲ 3.8% |
| Other operating charges640/8 | - | €1,502 | €2,421 | €1,408 | €1,900 | ▲ 34.9% |
| Gross operating margin9900 | €48,990 | €51,357 | €53,803 | €63,468 | €51,374 | ▼ 19.1% |
| Operating profit (loss)9901 | €46,804 | €47,281 | €46,579 | €47,525 | €34,381 | ▼ 27.7% |
| Financial income75/76B | - | - | - | €242 | €160 | ▼ 33.9% |
| Recurring financial income75 | €459 | - | - | €242 | €160 | ▼ 33.9% |
| Financial charges65/66B | - | €75 | €589 | €1,107 | €700 | ▼ 36.7% |
| Recurring financial charges65 | €123 | €75 | €589 | €1,107 | €700 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | €47,140 | €47,206 | €45,990 | €46,660 | €33,841 | ▼ 27.5% |
| Income taxes67/77 | €10,345 | €10,212 | €9,481 | €9,886 | €7,373 | ▼ 25.4% |
| Profit (loss) for the period9904 | €36,796 | €36,994 | €36,509 | €36,774 | €26,468 | ▼ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €36,796 | €36,994 | €36,509 | €36,774 | €26,468 | ▼ 28.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66,706 | €70,971 | €104,686 | €95,921 | €74,912 | ▼ 21.9% |
| Fixed assets21/28 | €6,238 | €3,664 | €52,576 | €41,171 | €26,077 | ▼ 36.7% |
| Tangible fixed assets22/27 | €6,238 | €3,664 | €52,576 | €41,171 | €26,077 | ▼ 36.7% |
| Plant, machinery and equipment23 | - | - | €1,195 | €639 | €84 | ▼ 86.9% |
| Furniture and vehicles24 | - | €3,664 | €2,933 | €5,241 | €3,860 | ▼ 26.3% |
| Leasing and similar rights25 | - | - | €48,448 | €35,291 | €22,133 | ▼ 37.3% |
| Current assets29/58 | €60,468 | €67,307 | €52,110 | €54,750 | €48,834 | ▼ 10.8% |
| Amounts receivable after more than one year29 | - | - | €10,000 | €6,000 | €6,000 | = |
| Other amounts receivable291 | - | - | €10,000 | €6,000 | €6,000 | = |
| Amounts receivable within one year40/41 | €17,555 | €17,854 | €19,022 | €18,282 | €37,927 | ▲ 107% |
| Trade receivables40 | - | €17,566 | €18,004 | €18,150 | €36,300 | ▲ 100% |
| Other amounts receivable41 | - | €288 | €1,019 | €132 | €1,627 | ▲ 1,129% |
| Cash at bank and in hand54/58 | €42,132 | €48,681 | €21,281 | €28,390 | €3,537 | ▼ 87.5% |
| Deferred charges and accrued income490/1 | - | €772 | €1,807 | €2,078 | €1,370 | ▼ 34.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66,706 | €70,971 | €104,686 | €95,921 | €74,912 | ▼ 21.9% |
| Equity10/15 | €20,602 | €20,602 | €20,602 | €20,602 | €20,602 | = |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,002 | €2,002 | €2,002 | €2,002 | €2,002 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €142 | €142 | €142 | €142 | = |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Amounts payable17/49 | €46,104 | €50,369 | €84,084 | €75,319 | €54,310 | ▼ 27.9% |
| Amounts payable after more than one year17 | - | - | €26,764 | €17,727 | €8,440 | ▼ 52.4% |
| Financial debts170/4 | - | - | €26,764 | €17,727 | €8,440 | ▼ 52.4% |
| Amounts payable within one year42/48 | €46,104 | €50,219 | €56,748 | €57,407 | €45,850 | ▼ 20.1% |
| Current portion of amounts payable after more than one year42 | - | - | €8,792 | €9,036 | €9,287 | ▲ 2.8% |
| Trade debts44 | €963 | €1,143 | €2,013 | €2,118 | €4,139 | ▲ 95.4% |
| Suppliers440/4 | - | €1,143 | €2,013 | €2,118 | €4,139 | ▲ 95.4% |
| Taxes, remuneration and social security45 | - | €11,992 | €8,762 | €7,619 | €3,213 | ▼ 57.8% |
| Taxes450/3 | - | €11,992 | €8,762 | €7,619 | €3,213 | ▼ 57.8% |
| Other amounts payable47/48 | - | €37,084 | €37,181 | €38,634 | €29,210 | ▼ 24.4% |
| Accrued charges and deferred income492/3 | - | €150 | €573 | €185 | €20 | ▼ 89.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,796 | €36,994 | €36,509 | €36,774 | €26,468 | ▼ 28.0% |
| + Depreciation and write-downs630 | €1,523 | €2,574 | €4,803 | €14,535 | €15,093 | ▲ 3.8% |
| Operating cash flow (approximation) | €38,319 | €39,568 | €41,312 | €51,309 | €41,562 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | €0 | -€53,715 | -€3,130 | €0 | ▲ 100% |
| Change in cash | - | €6,549 | -€27,400 | €7,109 | -€24,853 | ▼ 450% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €36,994 ▲0.5%
Net result €36,994, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Schilde · 1 establishment unit since 2013
Ground area
2,540 m²
Building footprint
321 m²
Volume, LiDAR
1,272 m³
Parcel 11041C0280/02B000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NABO
since 20132.223.106.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0280/02B000 | Flanders | 2,540 m² | 1 · 321 m² | 6.3 m · 1 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 30,865 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
Founded07-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540689183
Also
9925:BE0540689183
Registered
07-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.