Skip to content

NABS

Active
Private limited companyfounded 20223 yrs activeDefacqzstraat 31, 1050 Elsene, BelgiumKBO/BCE: BE 0793.534.828
Summary

The computed 12-month bankruptcy probability of NABS is 12.7% (high). The 2024 annual accounts show negative equity (-€5,790) and a net result of -€6,964. Its solvency ranks better than 23% of 18934 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
Axes · tick = 2023
Profitability2▼-15
Solvency14▼-16
Growth22
Track record94
Bankruptcy probability, 12 months
12.7% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 1.06 in 2023; short-term debt: 110.6% and cash: 36.4% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-10.6%
Return on assets
-12.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€5,790
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-01-2026, 168 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
168 d late
2023
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 96 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NABS was incorporated on 14 November 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€33,765▼ 26.8%
2023 · €46,140
EBIT margin
-18.9%▼ 16.4pp
2023 · -2.5%
Net result
-€6,964▼ 281%
2023 · -€1,826
Working capital
-€24,772
2023 · €1,174
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€46,140-€33,765▼ 26.8%
Operating result-€1,150--€6,392▼ 456%
Net result-€1,826within the sector's middle half--€6,964below the sector's middle half▼ 281%
EBIT margin-2.5%--18.9%▼ 16.4pp
Equity€1,174within the sector's middle half--€5,790below the sector's middle half
Total assets€22,399below the sector's middle half-€54,839within the sector's middle half▲ 145%
Debt€21,225-€60,629▲ 186%
Working capital€1,174within the sector's middle half--€24,772within the sector's middle half
Solvency5.2%within the sector's middle half--10.6%below the sector's middle half▼ 15.8pp
Current ratio1.06within the sector's middle half-0.59within the sector's middle half▼ 0.46
Return on assets (ROA)-8.2%within the sector's middle half--12.7%below the sector's middle half▼ 4.5pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€1,150-€1,150Net result 2023: -€1,826-€1,826Operating result 2024: -€6,392-€6,392Net result 2024: -€6,964-€6,96420232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€1,150-€1,150Net result 2023: -€1,826-€1,830Operating result 2024: -€6,392-€6,390Net result 2024: -€6,964-€6,96020232024
The operating result stays negative: a loss of €6,392 in 2024 against €1,150 in 2023; the loss grows.
Balance-sheet composition
Assets €54,839
Fixed assets €18,982
Current assets €35,857
Key figures and ratios
2024 value · change against 2023
EBITDA
-€5,298
Cash flow
-€5,870
Quick ratio
0.33▼
2023 · 1.06
Debt to equity
-10.47▼
2023 · 18.08
Interest coverage
-9.27
Debt ≤ 1 year
€60,629▲
2023 · €21,225
Staff costs
€936
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 7,638 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€22,399€54,839▲
Fixed assets21/28-€18,982
Intangible fixed assets21-€4,622
Tangible fixed assets22/27-€14,360
Other tangible fixed assets26-€14,360
Current assets29/58€22,399€35,857▲
Stocks and contracts in progress3-€15,726
Stocks30/36-€15,726
Amounts receivable within one year40/41€6,290-
Trade receivables40€1,845-
Other amounts receivable41€4,445-
Cash at bank and in hand54/58€15,846€19,939▲
Deferred charges and accrued income490/1€263€192▼
Equity and liabilities
Total equity and liabilities10/49€22,399€54,839▲
Equity10/15€1,174-€5,790▼
Contributions10/11€3,000€3,000=
Outside capital11€3,000-
Share premium1100/10€3,000-
Profit (loss) carried forward14-€1,826-€8,790▼
Amounts payable17/49€21,225€60,629▲
Amounts payable within one year42/48€21,225€60,629▲
Trade debts44€931€17,415▲
Suppliers440/4€931€17,415▲
Taxes, remuneration and social security45-€2,652
Taxes450/3-€2,652
Other amounts payable47/48€20,294€40,562▲
Income statement Code20232024
Turnover70€46,140€33,765▼
Goods, raw materials, services and sundry goods60/61€46,081€34,892▼
Remuneration, social security and pensions62-€936
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,094
Other operating charges640/8€1,209€3,236▲
Gross operating margin9900€59-€1,127▼
Operating profit (loss)9901-€1,150-€6,392▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€676€572▼
Recurring financial charges65€676€572▼
Profit (loss) for the period before taxes9903-€1,826-€6,964▼
Profit (loss) for the period9904-€1,826-€6,964▼
Profit (loss) for the period to be appropriated9905-€1,826-€6,964▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,826-€8,790▼
Profit (loss) brought forward from the previous period14P--€1,826

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€46,140€33,765▼ 26.8%
Goods, raw materials, services and sundry goods60/61€46,081€34,892▼ 24.3%
Remuneration, social security and pensions62-€936-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,094-
Other operating charges640/8€1,209€3,236▲ 168%
Gross operating margin9900€59-€1,127▼ 2,003%
Operating profit (loss)9901-€1,150-€6,392▼ 456%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€676€572▼ 15.4%
Recurring financial charges65€676€572▼ 15.4%
Profit (loss) for the period before taxes9903-€1,826-€6,964▼ 281%
Profit (loss) for the period9904-€1,826-€6,964▼ 281%
Profit (loss) for the period to be appropriated9905-€1,826-€6,964▼ 281%
Line20232024Change
Assets
Total assets20/58€22,399€54,839▲ 145%
Fixed assets21/28-€18,982-
Intangible fixed assets21-€4,622-
Tangible fixed assets22/27-€14,360-
Other tangible fixed assets26-€14,360-
Current assets29/58€22,399€35,857▲ 60.1%
Stocks and contracts in progress3-€15,726-
Stocks30/36-€15,726-
Amounts receivable within one year40/41€6,290--
Trade receivables40€1,845--
Other amounts receivable41€4,445--
Cash at bank and in hand54/58€15,846€19,939▲ 25.8%
Deferred charges and accrued income490/1€263€192▼ 27.0%
Equity and liabilities
Total equity and liabilities10/49€22,399€54,839▲ 145%
Equity10/15€1,174-€5,790▼ 593%
Contributions10/11€3,000€3,000=
Outside capital11€3,000--
Share premium1100/10€3,000--
Profit (loss) carried forward14-€1,826-€8,790▼ 381%
Amounts payable17/49€21,225€60,629▲ 186%
Amounts payable within one year42/48€21,225€60,629▲ 186%
Trade debts44€931€17,415▲ 1,770%
Suppliers440/4€931€17,415▲ 1,770%
Taxes, remuneration and social security45-€2,652-
Taxes450/3-€2,652-
Other amounts payable47/48€20,294€40,562▲ 99.9%
Line20232024Change
Profit (loss) for the period9904-€1,826-€6,964▼ 281%
+ Depreciation and write-downs630-€1,094-
Operating cash flow (approximation)-€1,826-€5,870▼ 221%
Change in cash-€4,093-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
15-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 168 days late
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Elsene · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
3,466 m²
Building footprint
2,586 m²
Volume, LiDAR
34,229 m³
2 parcels, Brussels · tallest building 26.0 m, ±7 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
NABS
Galerij van de Louizapoort 122, 1050 ElseneFood and beverage service activities
since 20222.350.090.264
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0364/00Z000 Brussels 2,694 m² 1 · 2,214 m² 26.0 m · 3 fl.
21447A0334/00M024 Brussels 773 m² 1 · 372 m² 23.4 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 site
Elsene2.350.090.264
1 permission
Drankgelegenheid · since 15-07-2024

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 1,851 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
Founded14-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56302Nightclubs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793534828
Also 9925:BE0793534828
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.