NABUCCO
Open bankruptcyA bankruptcy procedure is open for NABUCCO according to publications in the Belgian State Gazette; curator: STEVEN NYSTEN.
Summary
The 2024 annual accounts show negative equity (€-332k) and a net result of €-296k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
20212324
2020 to 2024 · latest year €-332k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
396 d late
2021
108 d late
2020
107 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-332k▼ 830%
2023 · €-36k
2020: €2k
2021: €-52k
2023: €-36k
2020 → 2024
Total assets
€2k▼ 99.4%
2023 · €451k
2020: €3k
2021: €596k
2023: €451k
2020 → 2024
Net result
€-296k▼ 1,095%
2023 · €-25k
2020: €-1k
2021: €-53k
2023: €-25k
2020 → 2024
Working capital
€-332k▼ 203%
2023 · €-110k
2020: €2k
2021: €-143k
2023: €-110k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120232024Trend
Equity€2k-€-52k€-36k▲ 31.0%€-332k▼ 830%
Operating result€-1k-€-46k▼ 3,474%€-25k▲ 46.6%€-296k▼ 1,108%
Net result€-1k-€-53k▼ 4,064%€-25k▲ 53.6%€-296k▼ 1,095%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €296k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
EBITDA
€-283k
Cash flow
€-283k
Debt
€334k▼
2023 · €487k
Debt ≤ 1 year
€334k▼
2023 · €487k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€451k€2k▼
Fixed assets21/28€74k-
Tangible fixed assets22/27€74k-
Plant, machinery and equipment23€18k-
Furniture and vehicles24€56k-
Current assets29/58€378k€2k▼
Stocks and contracts in progress3€312k-
Stocks30/36€312k-
Amounts receivable within one year40/41€57k€2k▼
Trade receivables40€55k-
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€8k€16▼
Equity and liabilities
Total equity and liabilities10/49€451k€2k▼
Equity10/15€-36k€-332k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-39k€-335k▼
Amounts payable17/49€487k€334k▼
Amounts payable within one year42/48€487k€334k▼
Trade debts44€227k-
Suppliers440/4€227k-
Taxes, remuneration and social security45€10k-
Taxes450/3€5k-
Remuneration and social security454/9€5k-
Other amounts payable47/48€250k€334k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€13k
Other operating charges640/8€2k-
Non-recurring operating charges66A€14k€60k▲
Gross operating margin9900€-8k€-222k▼
Operating profit (loss)9901€-25k€-296k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€96-
Recurring financial charges65€96-
Profit (loss) for the period before taxes9903€-25k€-296k▼
Income taxes67/77€187-
Profit (loss) for the period9904€-25k€-296k▼
Profit (loss) for the period to be appropriated9905€-25k€-296k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-335k▼
Profit (loss) brought forward from the previous period14P€-14k€-39k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · NABUCCO BV GROOT- BIJGAARDENSTRAAT 14, 1082 SINT-AGATHA-BERCHEM · event 14-10-2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 396 days late
2024
31-12
Financial
Weakest financial yearnet €-296k
Net result drops to €-296k, the lowest in the series.
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2021
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.
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NABUCCO
since 20212.317.606.944
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN NYSTEN PEGASUSLAAN 5, 1831 DIEGEM- |
14-10-2025 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 2,980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43990Other specialised construction activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.