NAM
ActiveSummary
The computed 12-month bankruptcy probability of NAM is 2.2% (moderate). The 2024 annual accounts show equity of €107,461 and a net result of €10,384. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 87% of 18936 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-13
Solvency99▼-1
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 3.88 against 3.84 in 2023; short-term debt: 25.7% and cash: 49.4% of total assets), and 25.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €107,461
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
9 d early
2022
28 d early
2021
3 d early
2020
7 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€107,461▲ 10.7%
2023 · €97,077
Total assets
€144,590▲ 11.1%
2023 · €130,131
Net result
€10,384▼ 54.7%
2023 · €22,903
Working capital
€106,775▲ 13.6%
2023 · €93,991
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€6,576-€6,722▼ 2.2%-€31,370▼ 367%€25,261€11,133▼ 55.9%
Net result-€778€1,024-€33,412€22,903€10,384▼ 54.7%
Equity€106,562▼ 0.7%€107,587▲ 1.0%€74,175▼ 31.1%€97,077▲ 30.9%€107,461▲ 10.7%
Total assets€118,016▼ 15.4%€152,914▲ 29.6%€112,850▼ 26.2%€130,131▲ 15.3%€144,590▲ 11.1%
Debt€11,454▼ 64.3%€45,327▲ 296%€38,675▼ 14.7%€33,054▼ 14.5%€37,129▲ 12.3%
Working capital€98,317▲ 1.5%€97,027▼ 1.3%€69,297▼ 28.6%€93,991▲ 35.6%€106,775▲ 13.6%
Staff (FTE)3=3=3=3=3=
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 56% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144,590
Fixed assets
€686 ▼ 77.8%
Current assets
€143,904 ▲ 13.3%
Equity and liabilities €144,590
Equity
€107,461 ▲ 10.7%
Debt
€37,129 ▲ 12.3%
Debt's share of the balance-sheet total rises from 25.4% to 25.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13,533▼
2023 · €27,661
Cash flow
€12,784▼
2023 · €25,303
Current ratio
3.88▲
2023 · 3.84
Quick ratio
2.42▲
2023 · 2.01
Debt to equity
0.35▲
2023 · 0.34
ROE
9.7%▼
2023 · 23.6%
ROA
7.2%▼
2023 · 17.6%
Interest coverage
18.07▲
2023 · 11.73
Debt ≤ 1 year
€37,129▲
2023 · €33,054
Staff costs
€107,802▲
2023 · €93,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €68,356 | €135,941 | €93,815 | €107,802 | ▲ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,666 | €8,125 | €8,122 | €2,400 | €2,400 | = |
| Other operating charges640/8 | - | €1,209 | €1,916 | €5,072 | €4,788 | ▼ 5.6% |
| Gross operating margin9900 | €48,529 | €70,968 | €114,609 | €126,548 | €126,123 | ▼ 0.3% |
| Operating profit (loss)9901 | -€6,576 | -€6,722 | -€31,370 | €25,261 | €11,133 | ▼ 55.9% |
| Financial income75/76B | - | €10,500 | - | - | - | - |
| Recurring financial income75 | €7,000 | €10,500 | - | - | - | - |
| Financial charges65/66B | - | €254 | €2,042 | €2,358 | €749 | ▼ 68.2% |
| Recurring financial charges65 | €1,202 | €254 | €2,042 | €2,358 | €749 | ▼ 68.2% |
| Profit (loss) for the period before taxes9903 | -€778 | €3,524 | -€33,412 | €22,903 | €10,384 | ▼ 54.7% |
| Income taxes67/77 | - | €2,500 | - | - | - | - |
| Profit (loss) for the period9904 | -€778 | €1,024 | -€33,412 | €22,903 | €10,384 | ▼ 54.7% |
| Profit (loss) for the period to be appropriated9905 | -€778 | €1,024 | -€33,412 | €22,903 | €10,384 | ▼ 54.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,016 | €152,914 | €112,850 | €130,131 | €144,590 | ▲ 11.1% |
| Fixed assets21/28 | €13,733 | €13,608 | €5,486 | €3,086 | €686 | ▼ 77.8% |
| Tangible fixed assets22/27 | €13,047 | €12,922 | €4,800 | €2,400 | - | - |
| Plant, machinery and equipment23 | - | €2,766 | €800 | €400 | - | - |
| Furniture and vehicles24 | - | €10,156 | €4,000 | €2,000 | - | - |
| Financial fixed assets28 | €686 | €686 | €686 | €686 | €686 | = |
| Current assets29/58 | €104,283 | €139,306 | €107,364 | €127,045 | €143,904 | ▲ 13.3% |
| Stocks and contracts in progress3 | €48,586 | €45,081 | €51,680 | €60,700 | €53,913 | ▼ 11.2% |
| Stocks30/36 | - | €45,081 | €51,680 | €60,700 | €53,913 | ▼ 11.2% |
| Amounts receivable within one year40/41 | €10,630 | €23,123 | €14,115 | €1,346 | €3,075 | ▲ 128% |
| Trade receivables40 | - | €21,167 | €12,295 | €1,346 | €3,075 | ▲ 128% |
| Other amounts receivable41 | - | €1,956 | €1,820 | - | - | - |
| Current investments50/53 | €504 | €15,504 | €15,504 | €15,504 | €15,504 | = |
| Cash at bank and in hand54/58 | €41,900 | €50,611 | €24,718 | €49,346 | €71,412 | ▲ 44.7% |
| Deferred charges and accrued income490/1 | - | €4,987 | €1,347 | €149 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,016 | €152,914 | €112,850 | €130,131 | €144,590 | ▲ 11.1% |
| Equity10/15 | €106,562 | €107,587 | €74,175 | €97,077 | €107,461 | ▲ 10.7% |
| Contributions10/11 | €43,381 | €43,382 | €43,382 | €43,381 | €43,381 | = |
| Reserves13 | €4,338 | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Non-distributable reserves130/1 | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Reserves not available under the articles1311 | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Profit (loss) carried forward14 | €58,843 | €59,867 | €26,455 | €49,358 | €59,742 | ▲ 21.0% |
| Amounts payable17/49 | €11,454 | €45,327 | €38,675 | €33,054 | €37,129 | ▲ 12.3% |
| Amounts payable after more than one year17 | €5,488 | €3,048 | €608 | - | - | - |
| Financial debts170/4 | - | €3,048 | €608 | - | - | - |
| Amounts payable within one year42/48 | €5,966 | €42,279 | €38,067 | €33,054 | €37,129 | ▲ 12.3% |
| Trade debts44 | €2,858 | €15,004 | - | €6,685 | €6,840 | ▲ 2.3% |
| Suppliers440/4 | - | €15,004 | - | €6,685 | €6,840 | ▲ 2.3% |
| Taxes, remuneration and social security45 | - | €27,275 | €38,067 | €26,369 | €30,289 | ▲ 14.9% |
| Taxes450/3 | - | €10,608 | €10,689 | €3,072 | €14,530 | ▲ 373% |
| Remuneration and social security454/9 | - | €16,667 | €27,378 | €23,297 | €15,759 | ▼ 32.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€778 | €1,024 | -€33,412 | €22,903 | €10,384 | ▼ 54.7% |
| + Depreciation and write-downs630 | €6,666 | €8,125 | €8,122 | €2,400 | €2,400 | = |
| Operating cash flow (approximation) | €5,888 | €9,149 | -€25,290 | €25,303 | €12,784 | ▼ 49.5% |
| Investment in fixed assets (approximation) | - | -€8,000 | €0 | €0 | €0 | - |
| Change in cash | - | €8,711 | -€25,893 | €24,628 | €22,066 | ▼ 10.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €107,461 ▲10.7%
2 profitable years in a row build equity to €107,461.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €22,903
Net result €22,903 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€33,412
Net result drops to -€33,412, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,024
Net result €1,024 after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 17.48
Current ratio from 5.01 to 17.48; short-term debt falls from €24,171 to €5,966.
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
Show earlier events
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 1995
Ground area
545 m²
Building footprint
209 m²
Volume, LiDAR
1,746 m³
Parcel 21683D0370/00F002, Brussels · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
HAU
since 19952.072.873.370
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0370/00F002 | Brussels | 545 m² | 1 · 209 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Pieters-Woluwe2.072.873.370
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 9,481 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.