NAGY
ActiveNAGY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €171k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 4500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+84
Solvency70▲+9
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.34 in 2024), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 68
Relative position
BE, all sectors
reference
Sector 68
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
82.7%
Return on assets
13.9%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
23 d early
2023
55 d early
2022
61 d early
2021
41 d early
2020
33 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€171k
2024 · €-75k
2018: €242k
2019: €-37k
2020: €-28k
2021: €-43k
2022: €-57k
2023: €-79k
2024: €-75k
2018 → 2025
Working capital
€-56k▲ 56.1%
2024 · €-127k
2018: €346k
2019: €297k
2020: €268k
2021: €106k
2022: €-209k
2023: €-259k
2024: €-127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€144k▼ 28.2%€924k▲ 540%€849k▼ 8.1%€1.02M▲ 20.2%
Operating result€-33k-€-49k▼ 48.7%€-53k▼ 6.7%€-43k▲ 17.6%€147k
Net result€-43k-€-57k▼ 31.1%€-79k▼ 39.2%€-75k▲ 5.6%€171k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €147k after a loss of €43k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€1.13M▼ 33.9%
Current assets
€108k▲ 67.1%
Equity and liabilities €1.23M
Equity
€1.02M▲ 20.2%
Provisions
€0▼ 100%
Debt
€213k▼ 74.2%
The debt ratio falls from 46.8% to 17.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€169k▲
2024 · €1k
Cash flow
€194k▲
2024 · €-30k
Solvency
82.7%▲
2024 · 48.0%
Current ratio
0.66▲
2024 · 0.34
Quick ratio
0.66▲
2024 · 0.34
Debt / equity
0.21▼
2024 · 0.97
ROE
16.8%▲
2024 · -8.8%
ROA
13.9%▲
2024 · -4.2%
Interest coverage
6.16▲
2024 · 0.04
Debt
€213k▼
2024 · €828k
Debt ≤ 1 year
€164k▼
2024 · €191k
Debt > 1 year
€42k▼
2024 · €623k
Income taxes
€40k
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€1.77M€1.23M▼
Fixed assets21/28€1.70M€1.13M▼
Tangible fixed assets22/27€1.70M€1.13M▼
Land and buildings22€1.67M€1.09M▼
Plant, machinery and equipment23€1k€0▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€33k€34k▲
Financial fixed assets28-€479
Current assets29/58€65k€108k▲
Amounts receivable within one year40/41€18k€0▼
Trade receivables40€18k€0▼
Cash at bank and in hand54/58€46k€108k▲
Deferred charges and accrued income490/1€2k€723▼
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.23M▼
Equity10/15€849k€1.02M▲
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Revaluation surpluses12€859k€859k=
Reserves13€282k€81k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€274k€0▼
Distributable reserves133-€73k
Profit (loss) carried forward14€-372k€0▲
Provisions and deferred taxes16€91k€0▼
Deferred taxes168€91k€0▼
Amounts payable17/49€828k€213k▼
Amounts payable after more than one year17€623k€42k▼
Financial debts170/4€623k€42k▼
Amounts payable within one year42/48€191k€164k▼
Current portion of amounts payable after more than one year42€35k€21k▼
Trade debts44€5k€16k▲
Suppliers440/4€5k€16k▲
Taxes, remuneration and social security45-€40k
Taxes450/3-€40k
Other amounts payable47/48€152k€87k▼
Accrued charges and deferred income492/3€13k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€22k▼
Other operating charges640/8€6k€9k▲
Gross operating margin9900€7k€179k▲
Operating profit (loss)9901€-43k€147k▲
Financial income75/76B-€90
Recurring financial income75-€90
Financial charges65/66B€35k€28k▼
Recurring financial charges65€35k€28k▼
Profit (loss) for the period before taxes9903€-78k€120k▲
Transfer from deferred taxes780€3k€91k▲
Income taxes67/77-€40k
Profit (loss) for the period9904€-75k€171k▲
Transfer from tax-exempt reserves789€10k€274k▲
Profit (loss) for the period to be appropriated9905€-64k€445k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-372k€73k▲
Profit (loss) brought forward from the previous period14P€-308k€-372k▼
Transfer to equity691/2-€73k
To other reserves6921-€73k
The notes to these accounts (14 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
04-09
State Gazette act
Board meeting · General meetingBoard meeting · General meeting · Director appointment7 facts ▸
State Gazette act
Board meeting · General meeting
Board meeting · General meeting · Director appointment7 facts ▸
- Board meeting, 2026-06-30
- General meeting, 2026-06-30
- Director appointment, Marc Henri Maes (gedelegeerd bestuurder)
- Director appointment, Marc Henri Maes (bestuurder)
- Mandate compensation, Marc Henri Maes
- Director appointment, Danielle Vertongen (bestuurder)
- Mandate compensation, Danielle Vertongen
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €171k
Net result €171k after 6 loss-making years.
31-12
Financial
Equity above €1MEq €1.02M ▲20.2%
Equity rises from €849k to €1.02M.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €924k ▲540%
Equity rises from €144k to €924k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Danielle Vertongen
CurrentDirector · since 30-06-2026
Marc Henri Maes
CurrentManaging director · since 30-06-2026
30-06-2026
Danielle Vertongen: Appointed as Director
30-06-2026
Marc Henri Maes: Appointed as Managing director
30-06-2026
Marc Henri Maes: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 1993
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.
Eikenlaan 789111 Sint-NiklaasGround area
4,389 m²
Building footprint
373 m²
Volume, LiDAR
1,945 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Eikenlaan 78, 9111 Sint-Niklaas
since 19932.063.722.015
Waterloostraat 4, 8301 Knokke-Heist
since 20012.063.722.114
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A0697/00B000 | Flanders | 3,964 m² | 1 · 242 m² | 9.2 m · 2 fl. |
| 31338E0361/00_000 | Flanders | 424 m² | 1 · 131 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BOUW- EN COORDINATIEBUREAU D & V
BE 0442.280.507
Koksijde · Eq €1.02M
RIALTO INVEST
BE 0477.662.246
Schaarbeek · Eq €1.02M
IMMOBILIERE DE L'AFTIA
BE 0449.008.248
Brussel · Eq €1.02M
CD-Vastgoed
BE 0465.063.827
Gent · Eq €1.02M
MEKO
BE 0449.935.191
Oostende · Eq €1.02M
Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 3,698 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-07-1988
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.