NAGALM
ActiveSummary
NAGALM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €491. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 6.95 against 7.71 in 2023; short-term debt: 14.4% and cash: 100% of total assets), and 14.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
85.6%
Return on assets
1%
Age of the figures
24 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
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 24-03-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
37 d early
2023
2 d late
2022
9 d late
2021
30 d late
2020
on the day
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€44k▲ 1.1%
2023 · €43k
2018: €76k
2019: €58k
2020: €71k
2021: €70k
2022: €42k
2023: €43k
2018 → 2024
Total assets
€51k▼ 9.1%
2023 · €56k
2018: €113k
2019: €74k
2020: €88k
2021: €78k
2022: €44k
2023: €56k
2018 → 2024
Net result
€491▼ 56.1%
2023 · €1k
2018: €8k
2019: €-18k
2020: €12k
2021: €-505
2022: €-186
2023: €1k
2018 → 2024
Working capital
€44k▼ 10.5%
2023 · €49k
2018: €93k
2019: €62k
2020: €87k
2021: €78k
2022: €42k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€71k-€70k▼ 0.7%€42k▼ 40.0%€43k▲ 2.6%€44k▲ 1.1%
Operating result€13k-€-124€831€2k▲ 177%€394▼ 82.9%
Net result€12k-€-505€-186▲ 63.2%€1k€491▼ 56.1%
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 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €51k
Equity
€44k ▲ 1.1%
Debt
€7k ▼ 43.1%
Debt's share of the balance-sheet total falls from 23.0% to 14.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.95▼
2023 · 7.71
Debt to equity
0.17▼
2023 · 0.30
ROE
1.1%▼
2023 · 2.6%
ROA
1.0%▼
2023 · 2.0%
Debt ≤ 1 year
€7k▲
2023 · €7k
Income taxes
€-253▼
2023 · €1k
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€56k€51k▼
Current assets29/58€56k€51k▼
Amounts receivable within one year40/41€250-
Other amounts receivable41€250-
Cash at bank and in hand54/58€56k€51k▼
Equity and liabilities
Total equity and liabilities10/49€56k€51k▼
Equity10/15€43k€44k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Outside capital11-€6k
Other1109/19-€6k
Reserves13€42k€42k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-5k€-4k▲
Amounts payable17/49€13k€7k▼
Amounts payable within one year42/48€7k€7k▲
Trade debts44€348€348=
Suppliers440/4€348€348=
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€6k-
Income statement
Code20232024
Other operating charges640/8€705€646▼
Gross operating margin9900€3k€1k▼
Operating profit (loss)9901€2k€394▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€147€156▲
Recurring financial charges65€147€156▲
Profit (loss) for the period before taxes9903€2k€238▼
Income taxes67/77€1k€-253▼
Profit (loss) for the period9904€1k€491▼
Profit (loss) for the period to be appropriated9905€1k€491▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-4k▲
Profit (loss) brought forward from the previous period14P€-6k€-5k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-09
Financial
Liquidity times 11current ratio 121.47
Current ratio from 10.97 to 121.47; short-term debt falls from €6k to €721.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-18k ▼319%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-04
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.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2014
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.
Wouter Haecklaan 22100 AntwerpenGround area
2,579 m²
Building footprint
316 m²
Volume, LiDAR
8,925 m³
Parcel 11345B0192/00M002, Flanders · tallest building 32.7 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
NAGALM
since 20142.236.072.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0192/00M002 | Flanders | 2,579 m² | 1 · 316 m² | 32.7 m · 10 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
ZAAM
BE 0476.118.857
Antwerpen · Eq €43,710
CINEOFF
BE 0661.943.242
Ittre · Eq €43,628
Musicalcompagnie Mithe
BE 0816.872.830
Leuven · Eq €44,157
ICE-DIMENSION
BE 0885.954.943
Merelbeke-Melle · Eq €44,225
Alejo Perez
BE 0759.763.287
Antwerpen · Eq €43,439
Of 8,302 companies in sector 90201 we hold annual accounts for 602. 478 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
Founded29-09-2014
Fiscal year end30-09
Activities, NACEBEL 2025
90201Performing arts by independent artists
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.