Natan Group
ActiveSummary
Natan Group has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358k and a net result of €52k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+1
Solvency66▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.67 against 1.38 in 2024; short-term debt: 36% and cash: 16.8% of total assets), and 59.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.8%
Return on assets
5.9%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
16 d early
2022
16 d late
2021
27 d late
2020
12 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€358k▼ 28.0%
2024 · €497k
2018: €212k
2019: €295k
2020: €312k
2021: €481k
2022: €593k
2023: €641k
2024: €497k
2018 → 2025
Total assets
€879k▲ 3.3%
2024 · €851k
2018: €608k
2019: €678k
2020: €962k
2021: €775k
2022: €1.13M
2023: €1.03M
2024: €851k
2018 → 2025
Net result
€52k▲ 17.5%
2024 · €44k
2018: €14k
2019: €83k
2020: €33k
2021: €168k
2022: €113k
2023: €48k
2024: €44k
2018 → 2025
Working capital
€-105k
2024 · €41k
2018: €63k
2019: €161k
2020: €477k
2021: €326k
2022: €274k
2023: €209k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€481k-€593k▲ 23.4%€641k▲ 8.0%€497k▼ 22.4%€358k▼ 28.0%
Operating result€216k-€126k▼ 41.6%€65k▼ 48.3%€73k▲ 12.3%€80k▲ 9.7%
Net result€168k-€113k▼ 33.1%€48k▼ 57.8%€44k▼ 7.0%€52k▲ 17.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €879k
Fixed assets
€667k ▼ 4.9%
Current assets
€212k ▲ 41.9%
Equity and liabilities €879k
Equity
€358k ▼ 28.0%
Debt
€520k ▲ 47.4%
Debt's share of the balance-sheet total rises from 41.5% to 59.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€115k▲
2024 · €108k
Cash flow
€87k▲
2024 · €79k
Current ratio
0.67▼
2024 · 1.38
Debt to equity
1.45▲
2024 · 0.71
ROE
14.5%▲
2024 · 8.9%
ROA
5.9%▲
2024 · 5.2%
Interest coverage
15.60▲
2024 · 12.80
Debt ≤ 1 year
€317k▲
2024 · €108k
Debt > 1 year
€204k▼
2024 · €243k
Income taxes
€21k▼
2024 · €26k
Staff costs
€33k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€851k€879k▲
Fixed assets21/28€701k€667k▼
Tangible fixed assets22/27€701k€667k▼
Land and buildings22€683k€653k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€13k€9k▼
Current assets29/58€149k€212k▲
Amounts receivable within one year40/41€26k€63k▲
Trade receivables40€26k€63k▲
Other amounts receivable41€0€0▼
Cash at bank and in hand54/58€120k€147k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€851k€879k▲
Equity10/15€497k€358k▼
Contributions10/11€19k€19k=
Reserves13€288k€340k▲
Distributable reserves133€288k€340k▲
Profit (loss) carried forward14€191k€0▼
Amounts payable17/49€353k€520k▲
Amounts payable after more than one year17€243k€204k▼
Financial debts170/4€243k€204k▼
Amounts payable within one year42/48€108k€317k▲
Current portion of amounts payable after more than one year42€39k€41k▲
Trade debts44€8k€23k▲
Suppliers440/4€8k€23k▲
Taxes, remuneration and social security45€35k€66k▲
Taxes450/3€25k€53k▲
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€27k€187k▲
Accrued charges and deferred income492/3€1k€225▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€35k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€123k€155k▲
Operating profit (loss)9901€73k€80k▲
Financial income75/76B€6k€163▼
Recurring financial income75€6k€163▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€71k€73k▲
Income taxes67/77€26k€21k▼
Profit (loss) for the period9904€44k€52k▲
Transfer from tax-exempt reserves789€63k€0▼
Profit (loss) for the period to be appropriated9905€107k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€499k€243k▼
Profit (loss) brought forward from the previous period14P€391k€191k▼
Transfer to equity691/2€107k€52k▼
To other reserves6921€107k€52k▼
Profit to be distributed694/7€200k€191k▼
Return on contributions (dividend)694€200k€191k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Equity above €500kEq €593k ▲23.4%
5 profitable years in a row build equity to €593k.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Highest result since 2018net €168k ▲410%
Operating result €216k, net result €168k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 7.36
Current ratio from 2.82 to 7.36; short-term debt falls from €89k to €75k.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2014
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.
Mechelsesteenweg 2532018 AntwerpenGround area
282 m²
Building footprint
137 m²
Volume, LiDAR
1,602 m³
Parcel 11806F1360/00E000, Flanders · tallest building 28.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Natan Group
since 20142.225.049.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1360/00E000 | Flanders | 282 m² | 1 · 136 m² | 28.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
RIZQ Consulting
BE 0791.401.521
Middelkerke · Eq €358,122
UNDICI
BE 0687.828.186
Lochristi · Eq €358,167
MAFICON
BE 0463.774.222
Riemst · Eq €358,049
Xavier Destrée
BE 0457.842.374
La Hulpe · Eq €358,185
JEAN-MARC BOXUS
BE 0642.714.278
Rixensart · Eq €358,209
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,086 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.