NATIVE
ActiveSummary
The computed 12-month bankruptcy probability of NATIVE is 1.6% (moderate). The 2024 annual accounts show equity of €121,822 and a net result of €5,784. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 26% of 6,485 sector peers (NACE 47, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €121,822
- Profit
- €5,784
- HAUWAERT Sébastien Daniel EvelyneDirector
- PASZUKIEWICZ NicolasDirector
Why 55raises risk1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 22-11-2025)lowers riskFounded in 2011Liquidity: current ratio 1.24, cash €489,075Show the evidence
Checked score
About 2 in 100 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 47, micro): better than 30% on solvency, 68% on liquidity, 51% on profitability and 14% on growth.
The bankruptcy probability was computed on 24-10-2026 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 6 accounts on average 85 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Resignations: PASZUKIEWICZ Nicolas (manager) and HAUWAERT…Appointments: PASZUKIEWICZ Nicolas (administrateur non…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet €5,784 ▼95.4%
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 72% below 2023 and is the lowest result in the available series.
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 47, Retail trade: 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 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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 4,107 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 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14,655 | €6,576 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €4,150 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,720 | €27,069 | €32,855 | €37,783 | €33,881 | €21,452 | €20,387 | ▼ 5.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | €120,122 | - |
| Other operating charges640/8 | - | - | - | €2,565 | €422 | €17,289 | €516 | ▼ 97.0% |
| Non-recurring operating charges66A | - | - | - | €3,469 | €7,917 | - | - | - |
| Gross operating margin9900 | €52,185 | €126,127 | €132,405 | €202,131 | €153,351 | €221,400 | €191,322 | ▼ 13.6% |
| Operating profit (loss)9901 | €18,715 | €98,173 | €85,723 | €154,164 | €111,130 | €182,659 | €50,298 | ▼ 72.5% |
| Financial income75/76B | - | - | - | €1,533 | €3,000 | €2,907 | €2,892 | ▼ 0.5% |
| Recurring financial income75 | €663 | €171 | €49 | €1,533 | €3,000 | €2,907 | €2,892 | ▼ 0.5% |
| Financial charges65/66B | - | - | - | €1,856 | €3,575 | €1,366 | €3,765 | ▲ 176% |
| Recurring financial charges65 | €830 | €577 | €2,043 | €1,856 | €3,575 | €1,366 | €3,765 | ▲ 176% |
| Profit (loss) for the period before taxes9903 | €18,548 | €97,767 | €83,729 | €153,840 | €110,555 | €184,200 | €49,425 | ▼ 73.2% |
| Income taxes67/77 | €4,587 | €10,027 | €3,254 | €21,179 | €32,203 | €58,769 | €43,641 | ▼ 25.7% |
| Profit (loss) for the period9904 | €13,961 | €87,740 | €80,475 | €132,661 | €78,352 | €125,431 | €5,784 | ▼ 95.4% |
| Profit (loss) for the period to be appropriated9905 | €13,961 | €87,740 | €80,475 | €132,661 | €78,352 | €125,431 | €5,784 | ▼ 95.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.3m | €1.1m | €0.8m | €0.6m | €0.9m | ▲ 58.7% |
| Fixed assets21/28 | €0.1m | €0.07m | €0.07m | €0.07m | €0.05m | €0.03m | €0.09m | ▲ 208% |
| Intangible fixed assets21 | €0 | - | €0.02m | €0.009m | €0.002m | - | - | - |
| Tangible fixed assets22/27 | €0.1m | €0.07m | €0.06m | €0.06m | €0.05m | €0.03m | €0.09m | ▲ 208% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €498 | €0.05m | ▲ 92× |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | €0.03m | €0.05m | ▲ 56.9% |
| Other tangible fixed assets26 | - | - | - | €0.008m | €0 | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €0.07m | €0.1m | €0.2m | €1.0m | €0.7m | €0.5m | €0.8m | ▲ 50.1% |
| Stocks and contracts in progress3 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 49.0% |
| Stocks30/36 | - | - | - | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 49.0% |
| Amounts receivable within one year40/41 | €0.03m | €0.005m | €0.06m | €0.3m | €0.07m | €0.08m | €0.3m | ▲ 225% |
| Trade receivables40 | - | - | - | €0.2m | €0.009m | €0.03m | €0.2m | ▲ 732% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.06m | €0.05m | €0.04m | ▼ 24.7% |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.1m | €0.7m | €0.7m | €0.4m | €0.5m | ▲ 17.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €489 | €67 | €0.002m | ▲ 26× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.3m | €1.1m | €0.8m | €0.6m | €0.9m | ▲ 58.7% |
| Equity10/15 | €0.05m | €0.08m | €0.1m | €0.2m | €0.3m | €0.2m | €0.1m | ▼ 37.3% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.2m | €0.2m | €0.1m | ▼ 38.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | - | €0.2m | €0.2m | €0.1m | ▼ 38.9% |
| Profit (loss) carried forward14 | €0.04m | €0.07m | €0.09m | €0.2m | €0 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €0.1m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | €0.1m | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | €0.1m | - |
| Amounts payable17/49 | €0.1m | €0.1m | €0.2m | €0.9m | €0.5m | €0.4m | €0.6m | ▲ 77.2% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.2m | €0.9m | €0.5m | €0.4m | €0.6m | ▲ 77.2% |
| Trade debts44 | €0.02m | €0.05m | €0.02m | €0.09m | €0.5m | €0.002m | €0.3m | ▲ 148× |
| Suppliers440/4 | - | - | - | €0.09m | €0.4m | €0.002m | €0.3m | ▲ 144× |
| Bills of exchange payable441 | - | - | - | €0.001m | €0.007m | - | €0.009m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.05m | €0.1m | €0.2m | ▲ 57.9% |
| Taxes450/3 | - | - | - | €0.03m | €0.05m | €0.1m | €0.2m | ▲ 57.9% |
| Remuneration and social security454/9 | - | - | - | €89 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.04m | €0.2m | €0.1m | ▼ 55.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0 | €98 | €140 | ▲ 43.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,961 | €87,740 | €80,475 | €132,661 | €78,352 | €125,431 | €5,784 | ▼ 95.4% |
| + Depreciation and write-downs630 | €32,720 | €27,069 | €32,855 | €37,783 | €33,881 | €21,452 | €20,387 | ▼ 5.0% |
| Operating cash flow (approximation) | €46,681 | €114,809 | €113,331 | €170,444 | €112,233 | €146,883 | €26,171 | ▼ 82.2% |
| Investment in fixed assets (approximation) | - | -€1,494 | -€36,446 | -€36,405 | -€9,246 | -€2,772 | -€82,597 | ▼ 2,879% |
| Change in cash | - | €79,361 | €5,904 | €595,258 | -€39,655 | -€246,953 | €71,039 | - |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 21-11-2025 | 2025-00569145 |
| 31-12-2023 | full format | 08-10-2024 | 2024-00503573 |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00481496 |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20445750 |
| 31-12-2020 | micro format | 29-10-2021 | 2021-75200274 |
| 31-12-2019 | micro format | 12-11-2020 | 2020-70700296 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67900066 |
| 31-12-2017 | micro format | 30-09-2018 | 2018-67600239 |
| 31-12-2016 | full format | 21-08-2017 | 2017-45900142 |
| 31-12-2015 | full format | 06-10-2016 | 2016-64900194 |
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
- began earlier
| Name | Functions and periods |
|---|---|
| HAUWAERT Sébastien Daniel Evelyne |
|
| PASZUKIEWICZ Nicolas |
|
Owners and capital
Capital and shareholders
- PASZUKIEWICZ Nicolas 150 shares
- HAUWAERT Sébastien Daniel Evelyne 150 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-12-2025 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-12
Gazette deed
Resignations: PASZUKIEWICZ Nicolas (manager) and HAUWAERT Sébastien Daniel Evelyne (manager)Appointments: PASZUKIEWICZ Nicolas (administrateur non statutaire) and HAUWAERT Sébastien Daniel Evelyne (administrateur non statutaire) · Legal-form conversion · Capital conversion14 facts ▸
- General meeting, 10-12-2025
- Legal-form conversion, “SRL” (deed in French)
- Capital conversion, “supprimer ce compte statutairement indisponible pour le transformer,y compris la partie non encore libérée,en un compte disponible pour distribution future, com…” (deed in French)
- Other provision, 300, “modification du nombre d’actions” (deed in French)
- Shareholding, 150 (2 times)
- Amendment of the articles
- Director resignation, PASZUKIEWICZ Nicolas (manager)
- Director resignation, HAUWAERT Sébastien Daniel Evelyne (manager)
- Director discharge, PASZUKIEWICZ Nicolas
- Director discharge, HAUWAERT Sébastien Daniel Evelyne
- Director appointment, PASZUKIEWICZ Nicolas (administrateur non statutaire)
- Director appointment, HAUWAERT Sébastien Daniel Evelyne (administrateur non statutaire)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have 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 24 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 |
|---|---|---|---|---|
| 21808H1819/00A000 | Brussels | 86 m² | 1 · 55 m² | 11.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’organisation de ventes publiques ou de gré à gré de tous objets susceptibles d’être vendus,et spécialement les antiquités,l’horlogerie,les…” (deed in French)
11 activities (deed in French)
- L’organisation de ventes publiques ou de gré à gré de tous objets susceptibles d’être vendus,et spécialement les antiquités,l’horlogerie,les objets d’art et de décoration,les tableaux et les bijoux
- L’achat et la vente,l’import-export d’antiquités et d’œuvres d’art
- L’achat et la vente,l’import-export d’or,d’argent et de bijoux
- Les expertises de tous biens mobiliers
- Le transport et le déménagement d’antiquités et d’œuvres d’art
- Le garde-meubles
- La vente de biens d’occasion
- La rénovation et restauration de meubles
- Les activités de décorateur d’intérieur
- L’organisation d’évènements et toutes activités connexes(salons,foires,expositions,démonstrations)
- Les activités photographiques
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NATIVE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, tous pouvoirs aux fins de faire constater authentiquement la modification statutaire éventuelle” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “300, En rémunération des apports” (deed in French)“Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Librement cédées entre vifs ou transmises pour cause de mort,entre actionnaires, cessibles de manière limitée” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modification statuts, tout moment” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Proportion nombre actions” (deed in French)