Summary
NATIVE DANCER is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.6m and a net result of €1.4m. Equity has been growing by about 39% per year since 2018. Its solvency ranks better than 62% of 9,750 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-06-2017 Normal situation
- Registered office
- 19 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.268.458.331 8500 Kortrijk, since 09-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €1.4m
- ▲ 141%
- Equity
- €2.6m
- ▲ 118%
- Total assets
- €4.0m
- ▲ 24.0%
Filed on 22-07-2026, 9 days before the deadline
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
9 days early
2024
3 days early
2023
30 days late
2022
31 days late
2021
25 days late
2020
18 days late
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 8 filings
Equity
€2.6m▲ 118%
2024 · €1.2m
Net result
€1.4m▲ 141%
2024 · €592,641
Total assets
€4.0m▲ 24.0%
2024 · €3.2m
Solvency
65.6%▲ 28.2pp
2024 · 37.4%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 79% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Operating result€1.5m
2025
Net result€1.4m
2025
Total assets€4.0m
2025
Equity€2.6m
2025
Debt€1.4m
2025
Working capital€0.7m
2025
Return on assets (ROA)35.4%
2025
Solvency65.6%
2025
Current ratio4.15
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.07m▼ 47.2%€0.3m▲ 319%€0.4m▲ 18.9%€0.4m▲ 2.9%€0.5m▲ 21.1%€0.9m▲ 85.4%€1.5m▲ 79.0%
Net result€0.08m-€0.04m▼ 45.8%€0.2mabove the sector's middle half▲ 416%€0.3mabove the sector's middle half▲ 55.6%€0.3mabove the sector's middle half▼ 9.2%€0.1mabove the sector's middle half▼ 62.1%€0.6mabove the sector's middle half▲ 417%€1.4mabove the sector's middle half▲ 141%
Equity€0.1m-€0.1m▲ 43.6%€0.4mwithin the sector's middle half▲ 157%€0.5mabove the sector's middle half▲ 38.0%€0.8mabove the sector's middle half▲ 62.5%€0.6mabove the sector's middle half▼ 21.0%€1.2mabove the sector's middle half▲ 95.5%€2.6mabove the sector's middle half▲ 118%
Total assets€1.5m-€2.5m▲ 62.5%€2.6mabove the sector's middle half▲ 6.7%€3.0mabove the sector's middle half▲ 11.9%€2.8mabove the sector's middle half▼ 4.6%€2.8mabove the sector's middle half▼ 1.4%€3.2mabove the sector's middle half▲ 16.6%€4.0mabove the sector's middle half▲ 24.0%
Debt€1.4m-€2.3m▲ 63.8%€2.3m▼ 2.0%€2.5m▲ 7.9%€2.0m▼ 17.7%€2.2m▲ 6.1%€2.0m▼ 6.0%€1.4m▼ 31.8%
Working capital-€0.8m--€0.5m▲ 40.0%€0.4mabove the sector's middle half€0.7mabove the sector's middle half▲ 61.4%€0.9mabove the sector's middle half▲ 24.7%€0.4mabove the sector's middle half▼ 49.0%€0.6mabove the sector's middle half▲ 39.0%€0.7mabove the sector's middle half▲ 5.9%
Solvency6.2%-5.5%▼ 0.7pp13.2%below the sector's middle half▲ 7.7pp16.3%below the sector's middle half▲ 3.1pp27.8%within the sector's middle half▲ 11.5pp22.3%below the sector's middle half▼ 5.5pp37.4%within the sector's middle half▲ 15.1pp65.6%within the sector's middle half▲ 28.2pp
Current ratio0.04-0.41▲ 0.365.70above the sector's middle half▲ 5.293.12within the sector's middle half▼ 2.588.99above the sector's middle half▲ 5.872.12within the sector's middle half▼ 6.863.21within the sector's middle half▲ 1.094.15above the sector's middle half▲ 0.94
Return on assets (ROA)5.0%-1.7%▼ 3.3pp8.1%within the sector's middle half▲ 6.4pp11.2%within the sector's middle half▲ 3.2pp10.7%within the sector's middle half▼ 0.5pp4.1%within the sector's middle half▼ 6.6pp18.2%within the sector's middle half▲ 14.1pp35.4%above the sector's middle half▲ 17.2pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€3.2m ▲ 34.6%
Current assets
€857,420 ▼ 3.9%
Equity and liabilities €4.0m
Equity
€2.6m ▲ 118%
Debt
€1.4m ▼ 31.8%
Debt's share of the balance-sheet total falls from 62.6% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
54.0%▲
2024 · 48.8%
Debt ≤ 1 year
€206,650▼
2024 · €277,591
Debt > 1 year
€1.2m▼
2024 · €1.7m
Income taxes
€287,917▲
2024 · €198,588
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | €1.3m | €410,938 | €368,015 | €457,442 | €922,872 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as NATIVE DANCER: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.1m and €5.3m, founded between 2015 and 2018.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| NATIVE DANCER Kortrijk | 2017 | €4.0m | €2.6m | €1.5m | €1.4m | - | 2025 |
| LVV Knokke-Heist | 2018 | €3.5m | €0.02m | €1.6m | €0.3m | 14.5 | 2025 |
| Greensoil Group Genk | 2016 | €4.1m | €1.3m | €1.5m | €0.6m | 8.6 | 2025 |
| MIURA Schilde | 2017 | €5.3m | €1.6m | €1.6m | €1.4m | 1.1 | 2025 |
| TVR Group Evergem | 2017 | €3.1m | €2.0m | €1.4m | €0.9m | 0 | 2025 |
| GTS North West Europe Geraardsbergen | 2015 | €4.4m | €3.7m | €1.7m | €1.0m | 1.9 | 2025 |
| DEMA Menen | 2016 | €5.1m | €4.9m | €1.3m | €0.5m | - | 2025 |
They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €112 | €225 | €217 | €191 | ▼ 12.1% |
| Gross operating margin9900 | €0.1m | €0.08m | €0.3m | €0.4m | €0.4m | €0.5m | €0.9m | €1.5m | ▲ 79.0% |
| Operating profit (loss)9901 | €0.1m | €0.07m | €0.3m | €0.4m | €0.4m | €0.5m | €0.9m | €1.5m | ▲ 79.0% |
| Financial income75/76B | - | - | - | €0.1m | €0.07m | €0.06m | €0.001m | €0.6m | ▲ 559× |
| Recurring financial income75 | - | €0.01m | €0.01m | €0.1m | €0.03m | €0.06m | €0.001m | €0.6m | ▲ 559× |
| Non-recurring financial income76B | - | - | - | - | €0.04m | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €0.04m | €0.05m | €0.3m | €0.07m | €0.4m | ▲ 521% |
| Recurring financial charges65 | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | €0.07m | €0.07m | €0.4m | ▲ 463% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.2m | €0 | €0.04m | - |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.06m | €0.3m | €0.4m | €0.4m | €0.2m | €0.8m | €1.7m | ▲ 117% |
| Income taxes67/77 | €0.04m | €0.02m | €0.07m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 45.0% |
| Profit (loss) for the period9904 | €0.08m | €0.04m | €0.2m | €0.3m | €0.3m | €0.1m | €0.6m | €1.4m | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.04m | €0.2m | €0.3m | €0.3m | €0.1m | €0.6m | €1.4m | ▲ 141% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €2.5m | €2.6m | €3.0m | €2.8m | €2.8m | €3.2m | €4.0m | ▲ 24.0% |
| Fixed assets21/28 | €1.5m | €2.1m | €2.1m | €1.9m | €1.9m | €1.9m | €2.4m | €3.2m | ▲ 34.6% |
| Financial fixed assets28 | €1.5m | €2.1m | €2.1m | €1.9m | €1.9m | €1.9m | €2.4m | €3.2m | ▲ 34.6% |
| Current assets29/58 | €0.04m | €0.3m | €0.5m | €1.0m | €1.0m | €0.8m | €0.9m | €0.9m | ▼ 3.9% |
| Amounts receivable within one year40/41 | €0.001m | €0.01m | €0.002m | €0 | - | €0.02m | €0.1m | €0.3m | ▲ 98.7% |
| Trade receivables40 | - | - | - | - | - | - | €0.1m | €0.2m | ▲ 60.3% |
| Other amounts receivable41 | - | - | - | €0 | - | €0.02m | €0.04m | €0.1m | ▲ 187% |
| Current investments50/53 | - | - | €0.06m | €0.5m | €0.7m | €0.6m | €0.6m | €0.3m | ▼ 45.4% |
| Cash at bank and in hand54/58 | €0.04m | €0.3m | €0.5m | €0.6m | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 48.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €2.5m | €2.6m | €3.0m | €2.8m | €2.8m | €3.2m | €4.0m | ▲ 24.0% |
| Equity10/15 | €0.1m | €0.1m | €0.4m | €0.5m | €0.8m | €0.6m | €1.2m | €2.6m | ▲ 118% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Profit (loss) carried forward14 | €0.07m | €0.1m | €0.3m | €0.5m | €0.8m | €0.6m | €1.2m | €2.6m | ▲ 120% |
| Amounts payable17/49 | €1.4m | €2.3m | €2.3m | €2.5m | €2.0m | €2.2m | €2.0m | €1.4m | ▼ 31.8% |
| Amounts payable after more than one year17 | €0.5m | €1.5m | €2.2m | €2.1m | €1.9m | €1.7m | €1.7m | €1.2m | ▼ 33.1% |
| Financial debts170/4 | - | - | - | €2.1m | €1.9m | €1.7m | €1.7m | €1.2m | ▼ 33.1% |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €0.09m | €0.3m | €0.1m | €0.4m | €0.3m | €0.2m | ▼ 25.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Trade debts44 | - | - | - | €0.001m | €0.001m | €71 | €53 | €260 | ▲ 388% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €71 | €53 | €260 | ▲ 388% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.03m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.03m | €0.009m | €364 | €0.001m | ▲ 212% |
| Taxes450/3 | - | - | - | €0.05m | €0.03m | €0.009m | €364 | €0.001m | ▲ 212% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.003m | €0.3m | €0.2m | €0.1m | ▼ 34.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.02m | €0.03m | €0.03m | ▼ 18.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.08m | €0.04m | €0.2m | €0.3m | €0.3m | €0.1m | €0.6m | €1.4m | ▲ 141% |
| Operating cash flow (approximation) | €0.08m | €0.04m | €0.2m | €0.3m | €0.3m | €0.1m | €0.6m | €1.4m | ▲ 141% |
| Investment in fixed assets (approximation) | - | -€0.6m | €0.007m | €0.2m | €0.09m | -€0.1m | -€0.4m | -€0.8m | ▼ 100% |
| Change in cash | - | €0.3m | €0.1m | €0.1m | -€0.3m | -€0.04m | -€0.07m | €0.08m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00339917 | NBB |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00349887 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00449607 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00441124 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20342497 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-49800082 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22800005 | |
| 31-12-2018 | micro format | 24-06-2019 | 2019-22400440 |
Board & ownership
Directors
Directors
1 office holder, last change in 2024
Other functions 1
Vlerick David
Current
Niet statutairbestuurder · appointed in the act of 08-01-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 08-01-2024Owners and capital
Owners
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, één of meer bestuurders”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere kopers, werkelijke waarde op dag van…”
Articles of association, deed of 08-01-2024 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of NATIVE DANCERNATIVE DANCER sits on their board1
1 location
Connections & network
1 office holderThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-07
financial year 2025 · micro format
2025
31-12
Financial
Highest result from 2018 to 2025net €1.4m ▲141%
The operating result of €1.5m and the net result of €1.4m are both a record.
31-12
Financial
Equity above €2mequity €2.6m ▲118%
With a profit in every financial year since 2018, equity grows to €2.6m.
28-07
financial year 2024 · micro format
2024
31-12
Financial
Equity above €1mequity €1.2m ▲95.5%
With a profit in every financial year since 2018, equity grows to €1.2m.
30-08
financial year 2023 · micro format · 30 days late
08-01
Gazette deed
Appointment: Vlerick David (niet statutairbestuurder)Amendment of the articles · Capital conversion · Purpose change6 points ▸
Gazette deed
Appointment: Vlerick David (niet statutairbestuurder)
Amendment of the articles · Capital conversion · Purpose change6 points ▸
- General meeting, 23-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Director in office, Vlerick David (statutairbestuurder)
- Director appointment, Vlerick David (niet statutairbestuurder)
- Capital conversion, “vanrechtswegeenzonderformaliteit, uitkering” (deed in Dutch)
- Purpose change
2023
31-08
financial year 2022 · micro format · 31 days late
2022
31-12
Financial
Liquidity more than doubledcurrent ratio 8.99
The current ratio rises from 3.12 to 8.99. Short-term debt falls from €328,342 to €108,513.
31-12
Financial
Equity above €500,000equity €785,945 ▲62.5%
With a profit in every financial year since 2018, equity grows to €785,945.
25-08
financial year 2021 · micro format · 25 days late
2021
18-08
financial year 2020 · micro format · 18 days late
Show earlier events
2020
31-12
Financial
Liquidity times 14current ratio 5.70
The current ratio rises from 0.41 to 5.70. Short-term debt falls from €857,000 to €91,668.
31-12
Financial
Equity above €200,000equity €350,575 ▲157%
With a profit in every financial year since 2018, equity grows to €350,575.
29-06
financial year 2019 · micro format
2019
31-12
Financial
Weakest financial yearnet €41,482 ▼45.8%
The net result drops to €41,482, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Equity above €100,000equity €136,583 ▲43.6%
With a profit in every financial year since 2018, equity grows to €136,583.
24-06
financial year 2018 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
NATIVE DANCER in Dutch
Enterprise number
0677.538.070
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-06-2017
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-01-2024 (in Dutch)Registered office and establishments
Registered office
Doorniksewijk(Kor) 49, 8500 Kortrijk, Belgium
Establishments
1 establishment unit since 2017
Activities
NACEBEL 202564210
Activities of holding companies main activity
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 08-01-2024 (in Dutch)
“Adviesactiva-portefeuilleeninvesteringen; Adviserenenbeherenportefeuille; Fundraisen; Roerendvermogen; Investereneigenrekening…”
21 activities
- Adviesactiva-portefeuilleeninvesteringen
- Adviserenenbeherenportefeuille
- Fundraisen
- Roerendvermogen
- Investereneigenrekening
- Onroerendvermogen
- Onroerendactiviteiten
- Technologischeinnovatie
- Partnersopsporen
- Studies7
- Marktonderzoek8
- Publiciteit9
- Verwervenaandelen10
- Oprichting11
- Leningen12
- Tussenpersoon13
- Mandaten14
- Brevetten15
- Handel16
- Verbodvermogensbeheer17
- Borgstelling
Invoicing and payment
VAT number
BE 0677.538.070
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 09:00
deed of 08-01-2024 (in Dutch)Recognitions · licences · registrations
Legal Entity Identifier
549300TQEY3V1WSGEJ30
Sites & property
Location
1 establishment unit
Native Dancer
since 2017unit number 2.268.458.331
Buildings and parcels at the address
Ground area
4,066 m²
Building footprint
252 m²
Building volume
3,461 m³
Parcel 34354C0020/00T009, Flanders · tallest building 17.2 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34354C0020/00T009 | Flanders | 4,066 m² | 1 · 252 m² | 17.2 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.