The computed 12-month bankruptcy probability of NAKAZ DEVELOPMENT is 7.8% (elevated). For NAKAZ DEVELOPMENT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €165,361 and a net result of -€28,784. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 26% of 8,800 sector peers (NACE 73, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2024 (filed 24-06-2025)Liquidity: current ratio 0.07, cash €2, halved1 financial year not filed after the legal deadline; latest accounts 55 days late; 3 of the last 3 lateAnnual accounts not filedlowers riskSector: Advertising, market research and public relations activities (NACE 73)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency50=
equity 24.8% of total assets
Liquidity21-1
short-term debt 56.3% · cash 0.0%
Profitability40-30
return on assets -4.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
7.8%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (11,206 companies, NACE 73, micro)
Last 24 months11-2024: 1.2%lowest value12-2024: 1.4%▲ +0.2 percentage points vs 11-202401-2025: 1.4%● unchanged vs 12-202402-2025: 1.3%▼ -0.1 percentage points vs 01-202503-2025: 1.4%▲ +0.1 percentage points vs 02-202504-2025: 1.5%▲ +0.1 percentage points vs 03-202505-2025: 2.1%▲ +0.6 percentage points vs 04-202506-2025: 2.4%▲ +0.3 percentage points vs 05-202507-2025: 1.8%▼ -0.6 percentage points vs 06-202508-2025: 1.8%● unchanged vs 07-202509-2025: 1.8%● unchanged vs 08-202510-2025: 1.9%▲ +0.1 percentage points vs 09-202511-2025: 1.9%● unchanged vs 10-202512-2025: 1.9%● unchanged vs 11-202501-2026: 1.9%● unchanged vs 12-202502-2026: 1.8%▼ -0.1 percentage points vs 01-202603-2026: 1.7%▼ -0.1 percentage points vs 02-202604-2026: 1.8%▲ +0.1 percentage points vs 03-202605-2026: 2.3%▲ +0.5 percentage points vs 04-202606-2026: 2.6%▲ +0.3 percentage points vs 05-202607-2026: 5.1%▲ +2.5 percentage points vs 06-202608-2026: 5.2%▲ +0.1 percentage points vs 07-202609-2026: 6.0%▲ +0.8 percentage points vs 08-202610-2026: 7.8%▲ +1.8 percentage points vs 09-2026highest value
30-09-2025 year end30-04-2026 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 24-06-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 88 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Registered office · Legal-form changeRegistered-office move · Power of…
Annual accounts filedfinancial year 2024 · micro…
Weakest financial yearnet -€28,784
Key points
Risk: Accounts not fileddeadline was 30-04-2026176 days lateView
Caution: Among the weakest 6% on net resultsector median €13,980 · 8,802 companies-€28,784View
Caution: Turnover fell in 2024from €218,855 to €99,606▼ 54.5%View
Caution: 2 loss-making years in a rowloss financial year 2024-€28,784View