NATSY
ActiveNATSY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €171k and a net result of €16k. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 839 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-20
Solvency58▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 2.66 in 2023; short-term debt: 9.1% and cash: 16.5% of total assets), but 67% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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
49 d late
2023
29 d late
2022
30 d late
2021
17 d late
2020
25 d late
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 83.4%
2023 · €98k
2018: €8k
2019: €10k
2020: €4k
2021: €26k
2022: €3k
2023: €98k
2018 → 2024
Working capital
€69k▲ 9.4%
2023 · €63k
2018: €42k
2019: €48k
2020: €54k
2021: €72k
2022: €-31k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€64k▲ 52.9%€67k▲ 5.0%€154k▲ 131%€171k▲ 10.5%
Operating result€3k-€27k▲ 741%€7k▼ 73.2%€123k▲ 1,602%€24k▼ 80.2%
Net result€4k-€26k▲ 471%€3k▼ 87.6%€98k▲ 2,994%€16k▼ 83.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 80% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €517k
Fixed assets
€401k▼ 1.3%
Current assets
€116k▲ 14.9%
Equity and liabilities €517k
Equity
€171k▲ 10.5%
Provisions
€20k▼ 5.2%
Debt
€327k▼ 1.6%
The debt ratio falls from 65.4% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▼
2023 · €147k
Cash flow
€39k▼
2023 · €122k
Solvency
33.0%▲
2023 · 30.4%
Current ratio
2.46▼
2023 · 2.66
Quick ratio
2.46▼
2023 · 2.66
Debt / equity
1.92▼
2023 · 2.15
ROE
9.6%▼
2023 · 63.5%
ROA
3.2%▼
2023 · 19.3%
Interest coverage
6.94▼
2023 · 24.52
Debt
€327k▼
2023 · €332k
Debt ≤ 1 year
€47k▲
2023 · €38k
Debt > 1 year
€279k▼
2023 · €294k
Income taxes
€9k▲
2023 · €2k
Staff costs
€32k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€507k€517k▲
Fixed assets21/28€406k€401k▼
Tangible fixed assets22/27€406k€401k▼
Land and buildings22€105k€100k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€1k€0▼
Other tangible fixed assets26€292k€297k▲
Financial fixed assets28€200€200=
Current assets29/58€101k€116k▲
Amounts receivable within one year40/41€8k€8k=
Trade receivables40€8k€8k=
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€72k€86k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€507k€517k▲
Equity10/15€154k€171k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€89k€85k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€84k€80k▼
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€47k€67k▲
Provisions and deferred taxes16€21k€20k▼
Deferred taxes168€21k€20k▼
Amounts payable17/49€332k€327k▼
Amounts payable after more than one year17€294k€279k▼
Financial debts170/4€294k€279k▼
Amounts payable within one year42/48€38k€47k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€7k€8k▲
Income statement
Code20232024
Non-recurring operating income76A€117k€0▼
Remuneration, social security and pensions62€3k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€6k€8k▲
Gross operating margin9900€155k€87k▼
Operating profit (loss)9901€123k€24k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€121k€24k▼
Transfer from deferred taxes780€2k€1k▼
Transfer to deferred taxes680€23k€0▼
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€98k€16k▼
Transfer from tax-exempt reserves789€9k€4k▼
Transfer to tax-exempt reserves689€93k€0▼
Profit (loss) for the period to be appropriated9905€14k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€67k▲
Profit (loss) brought forward from the previous period14P€33k€47k▲
Social balance
Average headcount (FTE)90871.0-
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
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €98k ▲2994%
Operating result €123k, net result €98k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 2.66
Current ratio from 0.72 to 2.66; short-term debt falls from €114k to €38k.
31-12
Financial
Equity above €150kEq €154k ▲131%
6 profitable years in a row build equity to €154k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼87.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jette · 1 establishment unit since 2005
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.
Jetse Steenweg 5761090 JetteGround area
121 m²
Building footprint
89 m²
Volume, LiDAR
842 m³
Parcel 21464E0001/00K025, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NATSY
since 20052.303.960.826
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464E0001/00K025 | Brussels | 121 m² | 1 · 89 m² | 14.3 m · 4 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
EEN2ZES
BE 0809.991.471
Gent · Eq €172k
BIONCISE
BE 0671.983.435
Wellen · Eq €172k
DE COCK
BE 0478.148.038
Zoutleeuw · Eq €168k
TIEBERCO
BE 0432.547.843
Eeklo · Eq €173k
BELGIAN DENTAL LABORATORY SERVICES
BE 0449.254.312
Oostende · Eq €173k
Of 1,250 companies in sector 32500 we hold annual accounts for 695. 553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2005
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.