NABUCO
ActiveNABUCO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €17k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 33% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+2
Solvency58▼-5
Growth45=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 24.31 against 54.7 in 2024; short-term debt: 2.4% and cash: 1.8% of total assets), but 66.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.1%
Return on assets
0.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d late
2023
on the day
2021
31 d late
2020
31 d late
2019
36 d early
2018
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€195k▼ 14.7%
2020 · €229k
2018: €220k
2019: €229k
2020: €229k
2018 → 2021
EBIT margin
-13.8%▼ 31.7pp
2020 · 17.9%
2018: -14.8%
2019: 17.9%
2020: 17.9%
2018 → 2021
Net result
€17k▲ 424%
2024 · €3k
2018: €-44k
2019: €-44k
2020: €30k
2021: €-30k
2023: €33k
2024: €3k
2018 → 2025
Working capital
€1.91M▼ 0.8%
2024 · €1.92M
2018: €1.56M
2019: €1.62M
2020: €1.88M
2021: €1.95M
2023: €1.87M
2024: €1.92M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€229k-€195k▼ 14.7%
Equity€1.21M-€1.17M▼ 3.7%€1.20M▲ 2.8%€1.20M▲ 0.3%€1.13M▼ 6.4%
Operating result€41k-€-27k€26k€17k▼ 31.9%€49k▲ 179%
Net result€30k-€-30k€33k€3k▼ 90.0%€17k▲ 424%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 179% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.41M
Fixed assets
€1.42M▲ 14.3%
Current assets
€1.99M▲ 1.6%
Equity and liabilities €3.41M
Equity
€1.13M▼ 6.4%
Debt
€2.28M▲ 14.3%
The debt ratio rises from 62.4% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€124k▲
2024 · €88k
Cash flow
€92k▲
2024 · €74k
Solvency
33.1%▼
2024 · 37.6%
Current ratio
24.31▼
2024 · 54.70
Quick ratio
24.31▼
2024 · 54.70
Debt / equity
2.03▲
2024 · 1.66
ROE
1.5%▲
2024 · 0.3%
ROA
0.5%▲
2024 · 0.1%
Interest coverage
1.19▲
2024 · 0.99
Debt
€2.28M▲
2024 · €2.00M
Debt ≤ 1 year
€82k▲
2024 · €36k
Debt > 1 year
€2.17M▲
2024 · €1.96M
Income taxes
€717▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.20M€3.41M▲
Fixed assets21/28€1.24M€1.42M▲
Tangible fixed assets22/27€1.24M€1.42M▲
Land and buildings22€1.10M€1.31M▲
Plant, machinery and equipment23€47k€42k▼
Furniture and vehicles24€93k€71k▼
Current assets29/58€1.96M€1.99M▲
Amounts receivable after more than one year29€1.83M€1.86M▲
Other amounts receivable291€1.83M€1.86M▲
Amounts receivable within one year40/41€88k€71k▼
Trade receivables40€65k€71k▲
Other amounts receivable41€23k€0▼
Cash at bank and in hand54/58€40k€62k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€3.20M€3.41M▲
Equity10/15€1.20M€1.13M▼
Contributions10/11€1.23M€1.26M▲
Capital10€1.23M€1.26M▲
Issued capital100€1.23M€1.26M▲
Reserves13€39k€39k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€31k€31k=
Profit (loss) carried forward14€-65k€-167k▼
Amounts payable17/49€2.00M€2.28M▲
Amounts payable after more than one year17€1.96M€2.17M▲
Trade debts175€1.96M€2.17M▲
Amounts payable within one year42/48€36k€82k▲
Trade debts44€20k€67k▲
Suppliers440/4€20k€67k▲
Taxes, remuneration and social security45€16k€15k▼
Taxes450/3€11k€15k▲
Remuneration and social security454/9€4k€0▼
Accrued charges and deferred income492/3€7k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€75k▲
Other operating charges640/8€10k€7k▼
Gross operating margin9900€98k€131k▲
Operating profit (loss)9901€17k€49k▲
Financial income75/76B€80k€73k▼
Recurring financial income75€80k€73k▼
Financial charges65/66B€89k€104k▲
Recurring financial charges65€89k€104k▲
Profit (loss) for the period before taxes9903€9k€18k▲
Income taxes67/77€5k€717▼
Profit (loss) for the period9904€3k€17k▲
Profit (loss) for the period to be appropriated9905€3k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-167k▼
Profit (loss) brought forward from the previous period14P€-68k€-184k▼
The notes to these accounts (11 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-06
Financial
Liquidity times 5current ratio 54.70
Current ratio from 10.65 to 54.70; short-term debt falls from €193k to €36k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 134.54
Current ratio from 48.58 to 134.54; short-term debt falls from €39k to €15k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial 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
Registered office, Zedelgem · 1 establishment unit since 2001
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.
Ruddervoordsestraat 178210 ZedelgemGround area
5,521 m²
Building footprint
283 m²
Volume, LiDAR
2,067 m³
Parcel 31040F1444/00D003, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NABUCO
since 20012.075.485.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040F1444/00D003 | Flanders | 5,520 m² | 1 · 283 m² | 14.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,072 EUR awarded · 2,066 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,020 EUR | 1,020 EUR |
| 2024 | 1 | 237 EUR | 231 EUR |
| 2022 | 1 | 815 EUR | 815 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
PHILANN
BE 0477.833.084
Sint-Pieters-Woluwe · Eq €1.13M
R.D.S.
BE 0431.905.762
Deerlijk · Eq €1.13M
HEIDEVEN
BE 0535.602.920
Bree · Eq €1.13M
ALPHAR WOLUWE-SAINT-PIERRE
BE 0867.442.690
Waterloo · Eq €1.13M
GRIMNOT
BE 0504.961.214
Grimbergen · Eq €1.13M
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 26,507 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-12-1995
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.