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NATCOM

Active Private limited company (pre-2019)founded 2009active for 17 yearsLouizalaan 500/5, 1050 BrusselsKBO/BCE: BE 0809.241.306

Overview

Lifetime

17 annual accounts with figures on one time axis
peak €51,388 (2018)
€1,024▲ €1,494
lowest -€29,523 (2020)
-€459▲ €1,221
peak €128,274 (2019)
€98,531▼ 0.5%
€3,587▲ 162%
Board2 names since 2014
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from -€470 to €1,024Loss of €459Debts from €1,372 to €3,587

Key points

from the 2025 annual accounts

Losses

-€2,140 in two years
-1,6812024-4592025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Liquidity

28.47 was 73.17 in 2024

Short-term debts rose from €1,372 to €3,587.

Position in the sector

96.5%

Higher solvency than 95% of companies in office administrative support. Sector median 50.2% · 10,256 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as NATCOM has now. Each dot stands for 18 companies, two years later.

90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for NATCOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 30-06-2020
  • associée non activedeed of 10-11-2020
Board & ownership

Recent changes

Registered office moved from Watermael-Boitsfort to Brussels New registered office: Avenue Louise 500/5 à 1050 Bruxelles · Previous registered office: Heilingenborre, 152 à 1170 Watermael-Boitsfort · General meeting of 29-01-2021 · Gazette deed
New manager appointed, resigned · Director discharge: · Partner: (associée non active) · General meeting of 30-06-2020 · Gazette deed
New manager appointed, resigned · Partner: (associé non actif) · Director discharge: · General meeting of 12-11-2014 · Gazette deed
First establishment Heiligenborre 152, Watermael-Boitsfort
All 29 events

Comparable companies

same main activity, similar in size and age
Company
NATCOM Brussels €102,118 €1,024 96.5% -
CITS V SERVICE (BELGIUM) Woluwe-Saint-Lambert €119,148 -€22,657 -1294.8% 3
ARCS Charleroi €90,287 €851 -2.7% -
Parcway consulting Knokke-Heist €131,228 -€5,029 9.0% -
BRYCE MANAGEMENT Boechout €135,656 -€21,436 98.2% -
S.F.V. IMMO Jette €142,589 €572 37.2% -
DACTYMAT Woluwe-Saint-Lambert €70,406 -€4,603 78.9% -

These companies have the same main activity as NATCOM: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €70,400 and €143,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 21-01-2009Normal situation
Registered office
178 active companies are registered at this address13 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Office administrative and support servicesNACE 82100and 5 others
Establishment unit
2.176.363.2641170 Watermael-Boitsfort, since 25-02-2009
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€1,024
≈ €5,500estimated
€459▼ 72.7%
€98,531▼ 0.5%
€102,118▲ 1.7%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on NATCOM

NATCOM files the micro format. That format states no turnover. The gross margin fell from €45,259 in 2009 to €1,024 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
€1,024
▲ €1,494
€92
▲ €1,556
-€459
▲ €1,221
€98,531
▼ 0.5%
96.5%
▼ 2.1 percentage points
28.47
▼ 44.70

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €5,500. Estimated: probably between €3,300 and €9,500.

Balance sheet

balance sheet total €102,118 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

96.5%

Higher than 95% of 10,256 companies in 2025.

28.47

Higher than 95% of 9,838 companies in 2025.

-0.4%

Higher than 22% of 9,980 companies in 2025.

NATCOM Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 102,118100,362101,992103,473115,575125,799162,811168,103146,637120,571101,07196,92393,650108,56879,01576,59269,661
21/28 -----8812,03824,75837,4951,1321,5603,0224,7309,03812,18413,86517,774
22/27 ------11,95024,67137,4071,0441,5603,0224,7059,01312,15913,84017,749
24 ------11,95024,67137,4071,0441,5603,0224,7059,01312,15913,84017,749
28 -----8888888888--2525252525
29/58 102,118100,362101,992103,473115,575125,711150,774143,345109,142119,44099,51193,90088,91999,53166,83062,72851,887
40/41 82,78374,29469,20668,61491,795119,251140,233120,58199,22587,68280,96793,45586,18170,82135,25842,08311,542
40 6,5876,5877,0005,983--19,38623,43023,06730,09621,29615,809-6,90017,9407,360-
41 76,19667,70762,20662,63191,795119,251120,84897,15176,15857,58659,67177,64686,18163,92117,31834,72311,542
54/58 18,14025,02431,70433,58122,4034,8428,83721,0859,91831,75818,5434462,73828,71031,57320,64440,344
490/1 1,1951,0441,0821,2771,3771,6181,7031,678---------
Balance sheet: equity and liabilities
10/49 102,118100,362101,992103,473115,575125,799162,811168,103146,637120,571101,07196,92393,650108,56879,01576,59269,661
10/15 98,53198,991100,671100,24598,11498,751128,274106,50383,77382,76681,03565,24964,60779,12852,72646,57830,863
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 92,33192,79194,47194,04591,91492,551122,074100,30377,57376,56674,83559,04958,40772,92846,52640,37824,663
130/1 1,8601,8601,8601,8601,8601,860-----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860-----------
133 90,47190,93192,61192,18590,05490,691120,21498,44375,71374,70672,97557,18956,54771,06844,66638,51822,803
17/49 3,5871,3721,3213,22717,46127,04834,53761,60062,86437,80520,03631,67329,04329,44126,28930,01438,798
17 ------6,57415,19423,651----1,7235,0458,20711,218
170/4 ------6,57415,19423,651----1,7235,0458,20711,218
42/48 3,5871,3721,3212,89717,46127,04827,96446,40739,21337,80520,03631,67329,04327,71721,24421,80727,581
42 -----6,5748,6208,4588,298---5,8317,4457,2817,1146,905
43 -----207-----730-----
430/8 -----207-----730-----
44 2,9101,1939711,6557,4432,168971,210852033,6064,5244,7105,3054,8956,9624,221
440/4 2,9101,1939711,6557,4432,168971,210852033,6064,5244,7105,3054,8956,9624,221
45 6771793508721,0949,70015,04730,64817,8292,60214,5116,5421,30210,8428,6684,73015,855
450/3 6771793508721,0949,70014,24628,37717,1822,60214,3196,538-3,1502244,0754,090
454/9 ------8012,271647-19341,3027,6928,44465511,765
47/48 ---3708,9258,4004,2006,09113,00035,0001,91819,87817,2004,1264003,000600
492/3 ---330-------------
Income statement
76A -----413-----------
9900 1,024-4706723,261-996-19,78641,56451,38835,48236,20617,368-1,077-1,97841,20812,14328,85445,259
630 -----11,95012,72013,14213,0077661,4621,6835,7675,2814,7653,9106,310
640/8 9329941,0395101,0871,0361,2508141,3347951,0008789048097931,2191,735
9901 92-1,464-3682,752-2,083-32,77327,59437,43221,14134,64514,906-3,638-8,64935,1186,58523,72537,214
75/76B --831992,5844,1594,5034,9263,4963,57410,3166,0067,0194,0083,1157443
75 --831992,5844,1594,5034,9263,4963,57410,3166,0067,0194,0083,1157443
65/66B 5238377196714931,0427281,4087154411555679078531,048606
65 5238377196714931,0427281,4087154411555679078531,048606
9903 39-1,5024262,131-170-29,10731,05541,63023,22937,50424,7812,213-2,19738,2198,84722,75036,651
67/77 499179--4674169,28412,9009,2227748,9951,57032411,8172,6997,03411,989
9904 -459-1,6814262,131-637-29,52321,77128,73014,00736,73015,786643-2,52126,4026,14815,71624,663
9905 -459-1,6814262,131-637-29,52321,77128,73014,00736,73015,786643-2,52126,4026,14815,71624,663
Appropriation of the result
9906 -459-1,6814262,131-637-29,52321,77128,73014,00736,73015,786643-2,52126,4026,14815,71624,663
791/2 4591,681--63729,523------14,521----
691/2 --4262,131--21,77122,7301,0071,73015,786643-26,4026,14815,71624,663
6920 ----------------1,860
6921 --4262,131--21,77122,7301,0071,73015,786643-26,4026,14815,71622,803
694/7 -------6,00013,00035,000--12,000----
694 --------13,000---12,000----
695 -------6,000-35,000-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00212066 PDF
31-12-2024 micro format 30-06-2025 2025-00200576 PDF
31-12-2023 micro format 25-06-2024 2024-00160422 PDF
31-12-2022 micro format 30-06-2023 2023-00182282 PDF
31-12-2021 micro format 16-06-2022 2022-20067105 PDF
31-12-2020 micro format 05-10-2021 2021-71400349 PDF
31-12-2019 micro format 10-06-2020 2020-15800328 PDF
31-12-2018 micro format 25-06-2019 2019-22700203 PDF
31-12-2017 micro format 24-07-2018 2018-37300255 PDF
31-12-2016 micro format 22-06-2017 2017-20300327 PDF
31-12-2015 full format 30-05-2016 2016-14000187 PDF
31-12-2014 full format 01-06-2015 2015-14100123 PDF
31-12-2013 full format 24-06-2014 2014-21000071 PDF
31-12-2012 full format 04-06-2013 2013-15100516 PDF
31-12-2011 full format 07-06-2012 2012-15600099 PDF
31-12-2010 full format 15-06-2011 2011-16700435 PDF
31-12-2009 full format 14-06-2010 2010-17900106 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
------20,82240,31450,57534,14835,41116,368-1,955-2,88240,39911,35027,63443,524
------17,57334,49241,87227,01437,49717,2482,3263,24631,68210,91319,62630,972
-----0040649,3703380-251,4602,1343,08560021,684
-6,884-6,680-1,87711,17817,561-3,995-12,24811,167-21,84013,21518,098-2,292-25,972-2,86310,929-19,700-
98,53198,991100,671100,57598,11498,663122,81096,93869,93081,63479,47562,22759,87671,81345,58640,92124,306
96.5%98.6%98.7%96.9%84.9%78.5%78.8%63.4%57.1%68.6%80.2%67.3%69.0%72.9%66.7%60.8%44.3%
28.4773.1777.2135.716.624.655.393.092.783.164.972.963.063.593.152.881.88
0.040.010.010.030.180.270.270.580.750.460.250.490.450.370.500.641.26
-0.5%-1.7%0.4%2.1%-0.6%-29.9%17.0%27.0%16.7%44.4%19.5%1.0%-3.9%33.4%11.7%33.7%79.9%
-0.4%-1.7%0.4%2.1%-0.6%-23.5%13.4%17.1%9.6%30.5%15.6%0.7%-2.7%24.3%7.8%20.5%35.4%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on NATCOM

The operating result for 2025 is a profit of €92, after a loss of €1,464 in 2024. It is the highest result since 2022.

Debt's share of the balance-sheet total rises from 1.4% to 3.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2020
Manager (not named in the articles)
since 30-06-2020 term without a fixed end
earlier manager, until 12-11-2014
listed in the 2025 annual accounts, filed on 29-06-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Manager (not named in the articles)

Manager (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager, until 12-11-2014
    • Manager (not named in the articles), from 30-06-2020 to date
    • Manager (not named in the articles), appointed by deed of 11-07-2016, until 30-06-2020

See the board, name and registered office on a given date →

Control

Shareholder
This company
NATCOM
Equity €98,531
Loss €459 in 2025

Capital

Contribution
€6,200
Source
2025 annual accounts

Founders

Stated in the deed deed of 10-11-2020 ↗
  • associée non active
Stated in the deed deed of 11-07-2016 ↗
  • associé non actif

Network & group

No group

NATCOM has no parent and no holdings in its annual accounts. is the only director. NATCOM shares no director with another company.

Timeline

Timeline

29 events since 2009

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 36 days before the deadline
2023
Liquidity more than doubled current ratio 77.21 The current ratio rises from 35.71 to 77.21. Short-term debt falls from €2,897 to €1,321.
Annual accounts 2022 filed PDFmicro format · 31 days before the deadline
2022
Back to profit net €2,131 The net result is €2,131, after 2 loss-making years.
Liquidity more than 5 times current ratio 35.71 The current ratio rises from 6.62 to 35.71. Short-term debt falls from €17,461 to €2,897.
Annual accounts 2021 filed PDFmicro format · 45 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 66 days late
Registered office moved from Watermael-Boitsfort to BrusselsNew registered office: Avenue Louise 500/5 à 1050 Bruxelles · Previous registered office: Heilingenborre, 152 à 1170 Watermael-Boitsfort · General meeting of 29-01-20212 points ▸
  • General meeting, 29-01-2021
  • Registered-office move, Avenue Louise 500/5 à 1050 Bruxelles

Open the deed in the Belgian Official Gazette

2020
Weakest financial year net -€29,523 The net result drops to -€29,523, the lowest from 2009 to 2025. It recovers the following year.
New manager appointed, resigned · Director discharge: · Partner: (associée non active) · General meeting of 30-06-20205 points ▸
  • General meeting, 30-06-2020
  • Director resignation, (manager)
  • Director discharge,
  • Partner, (associée non active)
  • Director appointment, (manager (not named in the articles))

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 51 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 36 days before the deadline
2018
Equity above €100,000 equity €106,503 ▲27.1% After 5 profitable years in a row, equity reaches €106,503.
Annual accounts 2017 filed PDFmicro format · 7 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 39 days before the deadline
2016
Highest result from 2009 to 2025 net €36,730 ▲133% The net result of €36,730 is the highest of those years.
New manager appointed, resigned · Partner: (associé non actif) · Director discharge: · General meeting of 12-11-20145 points ▸
  • General meeting, 12-11-2014
  • Director resignation, (manager)
  • Partner, (associé non actif)
  • Director discharge,
  • Director appointment, (manager (not named in the articles))

Open the deed in the Belgian Official Gazette

Annual accounts 2015 filed PDFfull format · 62 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 60 days before the deadline
2014
Back to profit net €643 The net result is €643, after one loss-making year.
Annual accounts 2013 filed PDFfull format · 37 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 57 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 54 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 46 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 47 days before the deadline
2009
First establishment Heiligenborre 152, Watermael-Boitsfort
Incorporation PDFpublished on 30-01-2009

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

NATCOM was incorporated on 21 January 2009.1 The registered office was moved to Brussels in 2021.2 Total assets fell from €168,103 in 2018 to €102,118 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-05-2021
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0809.241.306
VAT number
BE 0809.241.306
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
21-01-2009
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
NATCOM in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82110 Office administrative, office support and other business support activities main activity
68204 Real estate activities
70210 Activities of head offices; management consultancy activities
70220 Business consulting
73110 Advertising, market research and public relations activities
82990 Other business support services

Registered office and establishments

1 establishment
Establishment Since Unit number
Louizalaan 500/5 registered office 1050 Brussels
Heiligenborre 152 1170 Watermael-Boitsfort 25-02-2009 2.176.363.264
1 former office
  • Heilingenborre,152, 1170 Watermael-Boitsfort until 01-02-2021 · deed of 03-05-2021

Buildings and parcels at the addresses

Ground area
2,529 m²
Buildings
1,440 m²
Volume, LiDAR
19,907 m³
Tallest building
32.8 m
Buildings to scale, each on its own parcel
1,221 m², 32.8 m 219 m², 14.1 m 1,221 m², 32.8 m 219 m², 14.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21652E0838/00D0001,311 m² 1 · 219 m² 14.1 m · 3
21822R0227/00T0031,218 m² 1 · 1,221 m² 32.8 m · 2

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Register as of 13 November 2026 · Peppol Directory