Nardoc
ActiveSummary
Nardoc has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214,201 and a net result of -€6,468. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 94% of 3,023 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €214,201
- Loss
- -€6,468
Why 94raises risk1 change of registered office in 24 monthsLast filed accounts filed 59 days late; 1 of the last 3 latelowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 27.83, cash €100,357Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro): better than 82% on solvency, 95% on liquidity, 4% on profitability and 32% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet -€40,801
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (59 days) Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00526733.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €6,129 in 2025 against €48,606 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 86, Human health activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,908 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €914 | - | €600 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,905 | €3,091 | €3,621 | €4,246 | €3,799 | €3,959 | €2,209 | €1,403 | ▼ 36.5% |
| Other operating charges640/8 | - | - | - | €759 | €903 | €1,201 | €1,901 | €807 | ▼ 57.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €18,592 | - | - |
| Gross operating margin9900 | €42,154 | €47,006 | €16,049 | €33,077 | -€13,917 | -€5,466 | -€25,905 | -€3,919 | ▲ 84.9% |
| Operating profit (loss)9901 | €39,795 | €43,156 | €12,164 | €28,073 | -€18,619 | -€10,626 | -€48,606 | -€6,129 | ▲ 87.4% |
| Financial income75/76B | - | - | - | €5,099 | €7,953 | €11,009 | €10,643 | €2,029 | ▼ 80.9% |
| Recurring financial income75 | €6,144 | €6,032 | €5,682 | €5,099 | €7,953 | €11,009 | €10,643 | €2,029 | ▼ 80.9% |
| Financial charges65/66B | - | - | - | €2,133 | €3,574 | €2,202 | €2,689 | €2,226 | ▼ 17.2% |
| Recurring financial charges65 | €1,509 | €890 | €1,146 | €2,133 | €2,711 | €2,202 | €2,689 | €2,226 | ▼ 17.2% |
| Non-recurring financial charges66B | - | - | - | - | €863 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €44,429 | €48,298 | €16,701 | €31,039 | -€14,240 | -€1,819 | -€40,653 | -€6,327 | ▲ 84.4% |
| Income taxes67/77 | €14,924 | €10,612 | €4,448 | €9,411 | €124 | €123 | €148 | €141 | ▼ 4.7% |
| Profit (loss) for the period9904 | €29,506 | €37,686 | €12,253 | €21,628 | -€14,364 | -€1,942 | -€40,801 | -€6,468 | ▲ 84.1% |
| Profit (loss) for the period to be appropriated9905 | €29,506 | €37,686 | €12,253 | €21,628 | -€14,364 | -€1,942 | -€40,801 | -€6,468 | ▲ 84.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €256,782 | €274,369 | €346,494 | €322,776 | €295,023 | €267,819 | €235,179 | €221,915 | ▼ 5.6% |
| Fixed assets21/28 | €9,601 | €13,490 | €18,144 | €13,898 | €17,509 | €13,551 | €6,566 | €7,217 | ▲ 9.9% |
| Intangible fixed assets21 | - | - | - | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €9,526 | €13,415 | €18,069 | €13,824 | €12,934 | €8,976 | €1,991 | €2,642 | ▲ 32.7% |
| Furniture and vehicles24 | - | - | - | €2,366 | €2,312 | €1,459 | €1,991 | €2,642 | ▲ 32.7% |
| Other tangible fixed assets26 | - | - | - | €11,457 | €10,623 | €7,516 | - | - | - |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €4,575 | €4,575 | €4,575 | €4,575 | = |
| Current assets29/58 | €247,181 | €260,879 | €328,350 | €308,877 | €277,514 | €254,268 | €228,612 | €214,698 | ▼ 6.1% |
| Amounts receivable after more than one year29 | - | - | - | €191,184 | €191,184 | €191,184 | €191,184 | €108,660 | ▼ 43.2% |
| Other amounts receivable291 | - | - | - | €191,184 | €191,184 | €191,184 | €191,184 | €108,660 | ▼ 43.2% |
| Amounts receivable within one year40/41 | €45,693 | €30,646 | €41,186 | €56,155 | €59,122 | €61,331 | €33,797 | €2,060 | ▼ 93.9% |
| Trade receivables40 | - | - | - | - | - | €12,177 | - | €1,731 | - |
| Other amounts receivable41 | - | - | - | €56,155 | €59,122 | €49,154 | €33,797 | €330 | ▼ 99.0% |
| Cash at bank and in hand54/58 | - | €32,405 | €62,465 | €50,736 | €882 | €271 | €449 | €100,357 | ▲ 224× |
| Deferred charges and accrued income490/1 | - | - | - | €10,803 | €26,326 | €1,482 | €3,182 | €3,620 | ▲ 13.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €256,782 | €274,369 | €346,494 | €322,776 | €295,023 | €267,819 | €235,179 | €221,915 | ▼ 5.6% |
| Equity10/15 | €206,208 | €243,894 | €256,147 | €277,775 | €263,411 | €261,469 | €220,668 | €214,201 | ▼ 2.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €193,808 | €231,494 | €243,747 | €265,375 | €251,011 | €249,069 | €208,268 | €201,801 | ▼ 3.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €263,515 | €249,151 | €247,209 | €206,408 | €199,941 | ▼ 3.1% |
| Amounts payable17/49 | €50,574 | €30,475 | €90,348 | €45,001 | €31,612 | €6,349 | €14,510 | €7,714 | ▼ 46.8% |
| Amounts payable after more than one year17 | - | - | €24,134 | €11,871 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €11,871 | - | - | - | - | - |
| Amounts payable within one year42/48 | €50,574 | €30,475 | €65,632 | €32,630 | €31,012 | €6,349 | €13,838 | €7,714 | ▼ 44.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,439 | €15,549 | - | - | - | - |
| Financial debts43 | - | - | - | €79 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €79 | - | - | - | - | - |
| Trade debts44 | €4,033 | €530 | €35,835 | €6,611 | €10,963 | €2,316 | €8,810 | €7,073 | ▼ 19.7% |
| Suppliers440/4 | - | - | - | €6,611 | €10,963 | €2,316 | €8,810 | €7,073 | ▼ 19.7% |
| Taxes, remuneration and social security45 | - | - | - | €4,000 | €4,000 | €123 | €271 | €141 | ▼ 48.0% |
| Taxes450/3 | - | - | - | - | - | €123 | €271 | €141 | ▼ 48.0% |
| Remuneration and social security454/9 | - | - | - | €4,000 | €4,000 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €500 | €500 | €3,910 | €4,756 | €500 | ▼ 89.5% |
| Accrued charges and deferred income492/3 | - | - | - | €500 | €600 | - | €672 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,506 | €37,686 | €12,253 | €21,628 | -€14,364 | -€1,942 | -€40,801 | -€6,468 | ▲ 84.1% |
| + Depreciation and write-downs630 | €1,905 | €3,091 | €3,621 | €4,246 | €3,799 | €3,959 | €2,209 | €1,403 | ▼ 36.5% |
| Operating cash flow (approximation) | €31,411 | €40,776 | €15,874 | €25,874 | -€10,565 | €2,017 | -€38,592 | -€5,065 | ▲ 86.9% |
| Investment in fixed assets (approximation) | - | -€6,980 | -€8,275 | €0 | -€7,410 | €0 | €4,775 | -€2,054 | - |
| Change in cash | - | - | €30,060 | -€11,729 | -€49,854 | -€610 | €177 | €99,908 | ▲ 563× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-09-2026 | 2026-00526733 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00228379 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00421214 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00285067 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20364267 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-56200297 |
| 31-12-2019 | micro format | 29-08-2020 | 2020-46800048 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-53600405 |
| 31-12-2017 | micro format | 29-09-2018 | 2018-66400062 |
| 31-12-2016 | micro format | 31-10-2017 | 2017-68000501 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Raphaël NARDONE |
|
Owners and capital
Capital and shareholders
- 05-02-2024 Converted to unavailable equity · €14,260
- 05-02-2024 Converted to uncalled contributions · €6,200
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
30-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 25-04-2025
- Registered-office move, Chaussée de Waterloo 1065 à 1180 Ucde
05-02
Gazette deed
Appointment: Raphaël NARDONE (director)Declaration · Purpose change · Legal-form conversion10 facts ▸
- General meeting, 25-01-2024
- Declaration, “dispense de lecture du rapport, l'assemblée dispense Monsieur le Président de donner lecture du rapport de l'administrateur” (deed in French)
- Purpose change
- Legal-form conversion, “société à responsabilité limitée (en abrégé SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres 'apports non appelés'” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, rendre ces fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Director appointment, Raphaël NARDONE (director (not named in the articles))
- Registered office clause, “1180 Uccle, Chaussée d'Alsemberg 965” (deed in French)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21612C0289/00S006 | Brussels | 139 m² | 1 · 138 m² | 18.6 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société a pour objet la pratique de l'art de guérir par un ou plusieurs praticiens habilités à exercer la profession de médecin en…” (deed in French)
8 activities (deed in French)
- La société a pour objet la pratique de l'art de guérir par un ou plusieurs praticiens habilités à exercer la profession de médecin en Belgique.
- La société a pour but de leur permettre de pratiquer une médecine de qualité, dans le respect de la déontologie et de la liberté thérapeutique et diagnostique, de la dignité et de l'indépendance professionnelle, par l'amélioration et la rationalisation de leur équipement professionnel notamment :
- - en assurant la gestion d'un centre médical ou d'un cabinet médical, en ce compris l'acquisition, la location et l'entretien du matériel médical et des biens d'équipement, la facturation et la perception d'honoraires médicaux, la mise à disposition de tout ce qui est nécessaire à la pratique de l'art de guérir ;
- - en permettant la création, la construction, la location, l'acquisition, l'organisation et le fonctionnement d'un cabinet médical ou d'un centre médical de nature à faciliter l'exercice de la profession de médecin ;
- - en assurant la défense des intérêts professionnels, moraux et matériels des médecins travaillant dans le cadre de la société.
- La société se donne également pour objet de favoriser la recherche scientifique en organisant des activités de recyclage et en nouant avec tous les organismes poursuivant les mêmes buts, les relations nécessaires à la réalisation de son objet.
- D'une manière générale, la société peut exercer toute activité susceptible de favoriser la réalisation de son objet et moyennant l'accord du Conseil Provincial compétent de l'Ordre des Médecins, s'intéresser par toutes voies dans toutes entreprises ayant un but identique, analogue ou connexe ou qui est de nature à favoriser le développement de sa propre activité.
- La société pourra d'une façon générale accomplir soit seule, soit avec d'autres pour son compte ou pour le compte de tiers, toutes les opérations financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet mais n'altérant pas le caractère civil de la société et sa vocation exclusivement médicale.
- Name clauseThe name the company operates under according to its articles.
- NARDOC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sur simple décision de l’organe d’administration après en avoir informé le Conseil provincial intéressé de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “11, L'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs. A…” (deed in French)“12, S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée, avec la faculté de déléguer partie de…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “5, 100” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “9, En tout état de cause, les actions d'un actionnaire ne peuvent, à peine de nullité, être cédées entre vifs ou transmises pour cause de…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “7, courrier électronique, ou, pour les personnes dont elle ne dispose pas d’une adresse électronique, par courrier ordinaire, à envoyer le…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed