Nardo
The computed 12-month bankruptcy probability of Nardo is 0.7% (low). The 2025 annual accounts show equity of €215k and a net result of €13k. Equity is growing by ~55.9% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €215k |
| Net result | €13k |
| Staff (FTE) | 3 |
| Active | 10 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2025 |
|---|---|
| Revenue | — |
| EBITDA | €38k |
| Net profit | €13k |
| Cash flow | €22k |
| Staff costs | €239k |
| Income taxes | €3k |
| Dividends | — |
| Total assets | €464k |
| Equity | €215k |
| Debt | €249k |
| of which ≤ 1y | €239k |
| of which > 1y | — |
| Working capital | €162k |
| Employees (FTE) | 3.0 |
| 2025 | |
|---|---|
| Current ratio | 1.68 |
| Quick ratio | 0.77 |
| Working capital ratio | 35.0% |
| Solvency | 46.3% |
| Debt / equity | 1.16 |
| Long-term debt ratio | — |
| Interest coverage | 2.26 |
| Gross margin | — |
| Net margin | — |
| ROA | 2.7% |
| ROE | 5.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €464k |
| Fixed assets | 21/28 | €63k |
| Intangible fixed assets | 21 | €595 |
| Tangible fixed assets | 22/27 | €55k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €401k |
| Stocks & contracts in progress | 3 | €217k |
| Amounts receivable within one year | 40/41 | €90k |
| Cash & bank | 54/58 | €90k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €464k |
| Equity | 10/15 | €215k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €85k |
| Accumulated profits (losses) | 14 | €80k |
| Amounts payable | 17/49 | €249k |
| Amounts payable within one year | 42/48 | €239k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €253k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €17k |
| Result before taxes | 9903 | €15k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €13k |
| Result to be appropriated | 9905 | €13k |
| NACE primary | 22210 |
| Legal form | Private limited company(610) |
| Incorporation | 15-01-2016 |
| Status | Active |
| Postal code | 8501 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C1083/00L000 | Flanders | 1.7 ha | 1 · 925 m² | 8.6 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-02-2025 Registered office moved from Wingene to Kortrijk
- Akkerstraat 11 unit 8 bus 9990 te 8750 Wingene → 8501 Kortrijk (Heule), Bissegemsestraat 47
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8501 Kortrijk (Heule), Bissegemsestraat 47",
"city": "Kortrijk",
"region": "vlaams_gewest",
"street": "Bissegemsestraat",
"country": "BE",
"postcode": "8501",
"box_number": null,
"street_number": "47",
"locality_suffix": "(Heule)"
},
"old_address": {
"raw": "Akkerstraat 11 unit 8 bus 9990 te 8750 Wingene",
"city": "Wingene",
"region": "vlaams_gewest",
"street": "Akkerstraat",
"country": "BE",
"postcode": "8750",
"box_number": "9990",
"street_number": "11",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Er blijkt uit een Proces-verbaal van de Bestuurder dd 15/01/2025 dat de maatschappelijke zetel van de vennootschap verplaatst wordt van 8750 Wingene, Akkerstraat 11 unit \u0026 bus 9990 naar 8501 Kortrijk (Heule), Bissegemsestraat 47.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2025-02-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2025-02-25",
"unanimous": null
},
"subject_company": {
"kbo": "0646.678.016",
"name_full": "NARDO",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vanhuyse Karel",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}13-06-2024 Bart Huyghe resigns as director
- Bart Huyghe — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bart Huyghe",
"address": "8770 Ingelmunster, Ketenstraat 12",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "voluntary",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De Heer Bart Huyghe, wonende te 8770 Ingelmunster, Ketenstraat 12, vanaf heden ontslag neemt als bestuurder",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "subscriber_suspect",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Vanhuyse Karel",
"address": "8670 Oostduinkerke, Ter duinenwijk 25",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"_demoted_from": "director_in",
"_demote_reason": "no_appointment_marker",
"effective_date": null,
"evidence_quote": "en vervangen wordt door de Heer Vanhuyse Karel, wonende te 8670 Oostduinkerke, Ter duinenwijk 25, en dit voor onbepaalde duur.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-06-13",
"filing_date": "2024-06-04",
"act_kind_objet": "Ontslag en benoeming bestuurder"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-05-13",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-05-13",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0646.678.016",
"name_full": "Nardo Rechts Besloten Vennootschap",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Nardo |