NAD DESIGN
ActiveNAD DESIGN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244k and a net result of €54k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+2
Solvency50▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.29 in 2024; short-term debt: 73.1% and cash: 10.9% of total assets), and 74.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
25.2%
Return on assets
5.6%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
12 d early
2023
on the day
2022
13 d early
2021
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€244k▲ 28.7%
2024 · €189k
2021: €10k
2022: €123k
2023: €188k
2024: €189k
2021 → 2025
Total assets
€966k▲ 14.7%
2024 · €842k
2021: €390k
2022: €616k
2023: €999k
2024: €842k
2021 → 2025
Net result
€54k▲ 71.4%
2024 · €32k
2021: €7k
2022: €144k
2023: €65k
2024: €32k
2021 → 2025
Working capital
€257k▲ 36.9%
2024 · €188k
2021: €10k
2022: €123k
2023: €188k
2024: €188k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€123k▲ 1,178%€188k▲ 52.4%€189k▲ 0.9%€244k▲ 28.7%
Operating result€5k-€134k▲ 2,383%€86k▼ 35.9%€85k▼ 0.5%€103k▲ 21.5%
Net result€7k-€144k▲ 1,912%€65k▼ 55.1%€32k▼ 50.9%€54k▲ 71.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €966k
Fixed assets
€3k▲ 61.8%
Current assets
€963k▲ 14.6%
Equity and liabilities €966k
Equity
€244k▲ 28.7%
Debt
€722k▲ 10.7%
The debt ratio falls from 77.5% to 74.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▲
2024 · €85k
Cash flow
€56k▲
2024 · €32k
Solvency
25.2%▲
2024 · 22.5%
Current ratio
1.36▲
2024 · 1.29
Quick ratio
1.36▲
2024 · 1.29
Debt / equity
2.96▼
2024 · 3.44
ROE
22.3%▲
2024 · 16.7%
ROA
5.6%▲
2024 · 3.8%
Interest coverage
1.09▼
2024 · 1.15
Debt
€722k▲
2024 · €652k
Debt ≤ 1 year
€706k▲
2024 · €652k
Income taxes
€20k▲
2024 · €9k
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€842k€966k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Furniture and vehicles24€2k€3k▲
Current assets29/58€840k€963k▲
Amounts receivable within one year40/41€498k€835k▲
Trade receivables40€447k€635k▲
Other amounts receivable41€51k€200k▲
Cash at bank and in hand54/58€331k€106k▼
Deferred charges and accrued income490/1€11k€22k▲
Equity and liabilities
Total equity and liabilities10/49€842k€966k▲
Equity10/15€189k€244k▲
Contributions10/11€3k€3k=
Reserves13€187k€241k▲
Distributable reserves133€187k€241k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€652k€722k▲
Amounts payable within one year42/48€652k€706k▲
Financial debts43-€185k
Credit institutions430/8-€185k
Trade debts44€80k€63k▼
Suppliers440/4€80k€63k▼
Advances received on contracts in progress46€77k€21k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€496k€438k▼
Accrued charges and deferred income492/3-€16k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€261€1k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€122k▲
Other operating charges640/8€17k€966▼
Gross operating margin9900€114k€228k▲
Operating profit (loss)9901€85k€103k▲
Financial income75/76B€30k€67k▲
Recurring financial income75€30k€67k▲
Financial charges65/66B€74k€96k▲
Recurring financial charges65€74k€96k▲
Profit (loss) for the period before taxes9903€41k€75k▲
Income taxes67/77€9k€20k▲
Profit (loss) for the period9904€32k€54k▲
Profit (loss) for the period to be appropriated9905€32k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€54k▲
Transfer to equity691/2€2k€54k▲
To other reserves6921€2k€54k▲
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (9 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
30-09
Financial
Equity above €200kEq €244k ▲28.7%
5 profitable years in a row build equity to €244k.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €188k ▲52.4%
3 profitable years in a row build equity to €188k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €144k ▲1912%
Operating result €134k, net result €144k, both a record.
31-12
Financial
Equity above €100kEq €123k ▲1178%
2 profitable years in a row build equity to €123k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wijnegem · 1 establishment unit since 2020
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.
Vosveld 52110 WijnegemGround area
2,955 m²
Building footprint
1,366 m²
Volume, LiDAR
9,841 m³
Parcel 11050A0058/00Z000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NAD DESIGN BV
since 20202.311.468.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0058/00Z000 | Flanders | 2,955 m² | 1 · 1,366 m² | 8.0 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.
Similar companies · same sector, comparable size
Vissers
BE 0834.740.527
Herselt · Eq €244k
CEDAR - INTERCO
BE 0450.941.023
Antwerpen · Eq €243k
DRP INVEST
BE 0467.332.241
Antwerpen · Eq €246k
TASKIN LOGISTICS
BE 0682.730.045
Antwerpen · Eq €241k
NEW KRISCO
BE 0461.148.787
Dinant · Eq €240k
Of 1,566 companies in sector 46900 we hold annual accounts for 920. 673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2020
Fiscal year end30-09
Activities, NACEBEL
46900Non-specialised wholesale trade
46150Agents in the wholesale of furniture, household goods and hardware
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46180Agents specialised in the wholesale of other particular products
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.