NASSIM.COM
ActiveSummary
The computed 12-month bankruptcy probability of NASSIM.COM is 3.4% (moderate). The 2024 annual accounts show negative equity (-€29,032) and a net result of €5,549. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 9% of 397 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+16
Solvency0=
Growth55▲+2
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.22 in 2023; short-term debt: 236.6% and cash: 28.4% of total assets), and equity is negative.
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Signals
Six 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 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-136.6%
Return on assets
26.1%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 397 sector peers (2024).
NBB · sector comparisonPosition among 397 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
29 d late
2022
32 d late
2021
10 d early
2020
31 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€82,795▼ 1.2%
2023 · €83,805
EBIT margin
7.1%▼ 0.2pp
2023 · 7.3%
Net result
€5,549▼ 6.1%
2023 · €5,912
Working capital
-€32,874▲ 14.4%
2023 · -€38,423
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€84,500▼ 29.0%€113,706▲ 34.6%€102,269▼ 10.1%€83,805▼ 18.1%€82,795▼ 1.2%
Operating result-€9,958€47€14,968▲ 31,754%€6,093▼ 59.3%€5,867▼ 3.7%
Net result-€10,192within the sector's middle half-€86within the sector's middle half▲ 99.2%€14,594within the sector's middle half€5,912within the sector's middle half▼ 59.5%€5,549within the sector's middle half▼ 6.1%
EBIT margin-11.8%▼ 21.4pp0.0%▲ 11.8pp14.6%▲ 14.6pp7.3%▼ 7.4pp7.1%▼ 0.2pp
Equity-€55,001below the sector's middle half▼ 22.7%-€55,088below the sector's middle half▼ 0.2%-€40,493below the sector's middle half▲ 26.5%-€34,581below the sector's middle half▲ 14.6%-€29,032below the sector's middle half▲ 16.0%
Total assets€7,622below the sector's middle half▲ 10.5%€8,418below the sector's middle half▲ 10.4%€15,662below the sector's middle half▲ 86.1%€14,788below the sector's middle half▼ 5.6%€21,249below the sector's middle half▲ 43.7%
Debt€62,623▲ 21.1%€63,505▲ 1.4%€56,155▼ 11.6%€49,369▼ 12.1%€50,281▲ 1.8%
Working capital-€58,844below the sector's middle half▼ 20.9%-€59,597below the sector's middle half▼ 1.3%-€44,669below the sector's middle half▲ 25.0%-€38,423below the sector's middle half▲ 14.0%-€32,874below the sector's middle half▲ 14.4%
Solvency-721.7%below the sector's middle half▼ 71.8pp-654.4%below the sector's middle half▲ 67.2pp-258.5%below the sector's middle half▲ 395.9pp-233.8%below the sector's middle half▲ 24.7pp-136.6%below the sector's middle half▲ 97.2pp
Current ratio0.06below the sector's middle half=0.06below the sector's middle half=0.20below the sector's middle half▲ 0.140.22below the sector's middle half▲ 0.020.35below the sector's middle half▲ 0.12
Return on assets (ROA)-133.7%below the sector's middle half▼ 296.4pp-1.0%within the sector's middle half▲ 132.7pp93.2%above the sector's middle half▲ 94.2pp40.0%above the sector's middle half▼ 53.2pp26.1%above the sector's middle half▼ 13.9pp
Staff (FTE)0.5below the sector's middle half▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21,249
Fixed assets
€3,842 =
Current assets
€17,407 ▲ 59.0%
Key figures and ratios
Quick ratio
0.13▼
2023 · 0.19
Debt to equity
-1.73▼
2023 · -1.43
Debt ≤ 1 year
€50,281▲
2023 · €49,369
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,340 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% | 1.0% |
| 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% 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 3,795 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €84,500 | €113,706 | €102,269 | €83,805 | €82,795 | ▼ 1.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €113,126 | €86,967 | €77,379 | €76,928 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €333 | €333 | €333 | - | - |
| Other operating charges640/8 | - | €200 | - | - | - | - |
| Gross operating margin9900 | €136 | €580 | €15,302 | €6,426 | €5,867 | ▼ 8.7% |
| Operating profit (loss)9901 | -€9,958 | €47 | €14,968 | €6,093 | €5,867 | ▼ 3.7% |
| Financial charges65/66B | - | €133 | €374 | €181 | €318 | ▲ 75.7% |
| Recurring financial charges65 | €234 | €133 | €374 | €181 | €318 | ▲ 75.7% |
| Profit (loss) for the period before taxes9903 | -€10,192 | -€86 | €14,594 | €5,912 | €5,549 | ▼ 6.1% |
| Profit (loss) for the period9904 | -€10,192 | -€86 | €14,594 | €5,912 | €5,549 | ▼ 6.1% |
| Profit (loss) for the period to be appropriated9905 | -€10,192 | -€86 | €14,594 | €5,912 | €5,549 | ▼ 6.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,622 | €8,418 | €15,662 | €14,788 | €21,249 | ▲ 43.7% |
| Fixed assets21/28 | €3,842 | €4,509 | €4,176 | €3,842 | €3,842 | = |
| Tangible fixed assets22/27 | - | €667 | €333 | - | - | - |
| Plant, machinery and equipment23 | - | €667 | €333 | - | - | - |
| Financial fixed assets28 | €3,842 | €3,842 | €3,842 | €3,842 | €3,842 | = |
| Current assets29/58 | €3,779 | €3,909 | €11,486 | €10,945 | €17,407 | ▲ 59.0% |
| Stocks and contracts in progress3 | €1,260 | €2,050 | €2,565 | €1,742 | €10,960 | ▲ 529% |
| Stocks30/36 | - | €2,050 | €2,565 | €1,742 | €10,960 | ▲ 529% |
| Amounts receivable within one year40/41 | €120 | €159 | - | €376 | €410 | ▲ 9.1% |
| Other amounts receivable41 | - | €159 | - | €376 | €410 | ▲ 9.1% |
| Cash at bank and in hand54/58 | €2,399 | €1,700 | €8,921 | €8,828 | €6,037 | ▼ 31.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,622 | €8,418 | €15,662 | €14,788 | €21,249 | ▲ 43.7% |
| Equity10/15 | -€55,001 | -€55,088 | -€40,493 | -€34,581 | -€29,032 | ▲ 16.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | - | - |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | - | - | - | - | €277 | - |
| Non-distributable reserves130/1 | - | - | - | - | €277 | - |
| Reserves not available under the articles1311 | - | - | - | - | €277 | - |
| Profit (loss) carried forward14 | -€73,601 | -€73,688 | -€59,093 | -€53,181 | -€47,909 | ▲ 9.9% |
| Amounts payable17/49 | €62,623 | €63,505 | €56,155 | €49,369 | €50,281 | ▲ 1.8% |
| Amounts payable within one year42/48 | €62,623 | €63,505 | €56,155 | €49,369 | €50,281 | ▲ 1.8% |
| Trade debts44 | €6,657 | €9,168 | €8,977 | €1,536 | €4,304 | ▲ 180% |
| Suppliers440/4 | - | €9,168 | €8,977 | €1,536 | €4,304 | ▲ 180% |
| Taxes, remuneration and social security45 | - | €15,416 | €14,065 | €13,637 | - | - |
| Taxes450/3 | - | - | €428 | - | - | - |
| Remuneration and social security454/9 | - | €15,416 | €13,637 | €13,637 | - | - |
| Other amounts payable47/48 | - | €38,921 | €33,113 | €34,196 | €45,978 | ▲ 34.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,192 | -€86 | €14,594 | €5,912 | €5,549 | ▼ 6.1% |
| + Depreciation and write-downs630 | - | €333 | €333 | €333 | - | - |
| Operating cash flow (approximation) | -€10,192 | €247 | €14,928 | €6,245 | €5,549 | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | -€1,000 | €0 | €0 | €0 | - |
| Change in cash | - | -€698 | €7,221 | -€93 | -€2,791 | ▼ 2,901% |
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
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €14,594
Net result €14,594 after 2 loss-making years.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€10,192
Net result drops to -€10,192, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €11,214
Net result €11,214 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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-Jans-Molenbeek · 1 establishment unit since 2002
Ground area
71 m²
Building footprint
65 m²
Volume, LiDAR
791 m³
Parcel 21012A0201/00R006, Brussels · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
de Ribaucourtstraat 94, 1080 Sint-Jans-Molenbeek
since 20022.115.029.867
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0201/00R006 | Brussels | 71 m² | 1 · 65 m² | 16.0 m · 5 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-Jans-Molenbeek2.115.029.867
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,372 companies in sector 61100 we hold annual accounts for 590. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478186739
Also
9925:BE0478186739
Registered
20-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.