NAM CHOK
ActiveThe computed 12-month bankruptcy probability of NAM CHOK is 3.4% (moderate). The 2024 annual accounts show negative equity (€-25k) and a net result of €-35k. Equity is shrinking by ~88.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 747 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -49 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▲+14
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 0.85 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
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
-42.6%
Return on assets
-58.8%
Age of the figures
20 mo
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€25k
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 01-07-2025, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
61 d late
2022
14 d early
2021
31 d late
2020
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-25k
2023 · €10k
2020: €6k
2021: €71
2022: €-3k
2023: €10k
2020 → 2024
Total assets
€59k▲ 13.1%
2023 · €53k
2020: €10k
2021: €35k
2022: €37k
2023: €53k
2020 → 2024
Net result
€-35k
2023 · €13k
2020: €-2k
2021: €-6k
2022: €-4k
2023: €13k
2020 → 2024
Working capital
€-41k▼ 520%
2023 · €-7k
2020: €122
2021: €-14k
2022: €-11k
2023: €-7k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€71▼ 98.9%€-3k€10k€-25k
Operating result€-1k-€-4k▼ 195%€2k€16k▲ 952%€-32k
Net result€-2k-€-6k▼ 167%€-4k▲ 42.6%€13k€-35k
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 turns negative in 2024: a loss of €32k after €16k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59k
Fixed assets
€16k▼ 2.7%
Current assets
€44k▲ 20.3%
Key figures and ratios
EBITDA
€-29k▼
2023 · €19k
Cash flow
€-31k▼
2023 · €16k
Solvency
-42.6%▼
2023 · 18.4%
Current ratio
0.51▼
2023 · 0.85
Quick ratio
0.51▼
2023 · 0.85
Debt / equity
-3.35▼
2023 · 4.45
ROE
138.0%▲
2023 · 136.0%
ROA
-58.8%▼
2023 · 25.0%
Interest coverage
-7.83▼
2023 · 6.05
Debt
€85k▲
2023 · €43k
Debt ≤ 1 year
€85k▲
2023 · €43k
Staff costs
€204k▲
2023 · €146k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€53k€59k▲
Fixed assets21/28€16k€16k▼
Tangible fixed assets22/27€14k€13k▼
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€36k€44k▲
Amounts receivable within one year40/41€17k€38k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€14k€35k▲
Cash at bank and in hand54/58€18k€5k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€53k€59k▲
Equity10/15€10k€-25k▼
Contributions10/11€9k€9k=
Reserves13€1k-
Distributable reserves133€1k-
Profit (loss) carried forward14-€-34k
Amounts payable17/49€43k€85k▲
Amounts payable within one year42/48€43k€85k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€41k€79k▲
Taxes450/3€12k€30k▲
Remuneration and social security454/9€29k€49k▲
Income statement
Code20232024
Remuneration, social security and pensions62€146k€204k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€340€2k▲
Gross operating margin9900€166k€178k▲
Operating profit (loss)9901€16k€-32k▼
Financial income75/76B€4€1k▲
Recurring financial income75€4€1k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€13k€-35k▼
Profit (loss) for the period9904€13k€-35k▼
Profit (loss) for the period to be appropriated9905€13k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-35k▼
Profit (loss) brought forward from the previous period14P€-12k-
Transfer from equity791/2-€1k
Transfer to equity691/2€1k-
To other reserves6921€1k-
Social balance
Average headcount (FTE)90873.85.2▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-35k ▼367%
Net result drops to €-35k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after 3 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 2 establishment units 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.
Zeedijk-Heist 2478301 Knokke-HeistGround area
1,165 m²
Building footprint
1,139 m²
Volume, LiDAR
19,985 m³
2 parcels, Brussels, Flanders · tallest building 30.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
NAM CHOK
since 20202.299.418.751
NAM CHOK
since 20252.375.053.710
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336H0031/00A000 | Flanders | 1,023 m² | 1 · 1,062 m² | 30.8 m · 5 fl. |
| 21806F0246/00H000 | Brussels | 143 m² | 1 · 77 m² | 16.8 m · 5 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
DEMIR DUMAN
BE 0809.370.473
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DE POSSON ET CIE
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P&G
BE 0463.935.855
Gent · Eq €10k
AMA INVEST
BE 0597.742.110
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Concept Body Unique
BE 1011.920.034
Awans · Eq €9k
Of 6,693 companies in sector 96230 we hold annual accounts for 616. 395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end31-12
Activities, NACEBEL
96040Personal service activities
96230Day spas, saunas and steam baths
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:knokke-heist@namchokmassage.be
Phone:+31103100310