NB2A
ActiveSummary
NB2A has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,062 and a net result of €168,692. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency34=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.87 in 2024; short-term debt: 69.2% and cash: 34.6% of total assets), and 91.2% of the assets are financed with debt.
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Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
8.8%
Return on assets
70.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 16%
← weakest
strongest →
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 05-05-2026, 87 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
87 d early
2024
83 d early
2023
65 d early
2022
140 d early
2021
54 d early
2020
44 d early
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 77 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€21,062▼ 2.9%
2024 · €21,699
Total assets
€240,435▲ 2.7%
2024 · €234,029
Net result
€168,692▲ 16.0%
2024 · €145,412
Working capital
-€19,800▲ 1.0%
2024 · -€19,999
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€97,551▲ 230%€188,004▲ 92.7%€218,653▲ 16.3%€189,832▼ 13.2%€220,467▲ 16.1%
Net result€74,720▲ 267%€141,894▲ 89.9%€167,226▲ 17.9%€145,412▼ 13.0%€168,692▲ 16.0%
Equity€129,168▲ 137%€21,062▼ 83.7%€23,288▲ 10.6%€21,699▼ 6.8%€21,062▼ 2.9%
Total assets€215,177▲ 38.5%€246,681▲ 14.6%€269,001▲ 9.0%€234,029▼ 13.0%€240,435▲ 2.7%
Debt€86,009▼ 14.7%€225,619▲ 162%€245,713▲ 8.9%€212,329▼ 13.6%€219,373▲ 3.3%
Working capital€84,022▲ 1,009%-€24,861-€20,172▲ 18.9%-€19,999▲ 0.9%-€19,800▲ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Equity -84% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240,435
Fixed assets
€93,776 ▼ 5.4%
Current assets
€146,658 ▲ 8.7%
Equity and liabilities €240,435
Equity
€21,062 ▼ 2.9%
Debt
€219,373 ▲ 3.3%
Debt's share of the balance-sheet total rises from 90.7% to 91.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€225,779▲
2024 · €195,993
Cash flow
€174,005▲
2024 · €151,572
Current ratio
0.88▲
2024 · 0.87
Debt to equity
10.42▲
2024 · 9.79
ROE
800.9%▲
2024 · 670.1%
ROA
70.2%▲
2024 · 62.1%
Interest coverage
208.37▲
2024 · 174.47
Debt ≤ 1 year
€166,459▲
2024 · €154,939
Debt > 1 year
€52,914▼
2024 · €57,390
Income taxes
€51,032▲
2024 · €43,664
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,151 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,471 | €7,836 | €6,786 | €6,160 | €5,312 | ▼ 13.8% |
| Other operating charges640/8 | €1,663 | €2,003 | €1,726 | €1,946 | €1,882 | ▼ 3.3% |
| Gross operating margin9900 | €116,685 | €197,843 | €227,165 | €197,939 | €227,661 | ▲ 15.0% |
| Operating profit (loss)9901 | €97,551 | €188,004 | €218,653 | €189,832 | €220,467 | ▲ 16.1% |
| Financial income75/76B | €642 | €1,695 | €1,181 | €367 | €341 | ▼ 7.1% |
| Recurring financial income75 | €642 | €1,695 | €1,181 | €367 | €341 | ▼ 7.1% |
| Financial charges65/66B | €1,630 | €1,484 | €1,337 | €1,123 | €1,084 | ▼ 3.5% |
| Recurring financial charges65 | €1,630 | €1,484 | €1,337 | €1,123 | €1,084 | ▼ 3.5% |
| Profit (loss) for the period before taxes9903 | €96,564 | €188,215 | €218,497 | €189,076 | €219,724 | ▲ 16.2% |
| Income taxes67/77 | €21,844 | €46,321 | €51,271 | €43,664 | €51,032 | ▲ 16.9% |
| Profit (loss) for the period9904 | €74,720 | €141,894 | €167,226 | €145,412 | €168,692 | ▲ 16.0% |
| Profit (loss) for the period to be appropriated9905 | €74,720 | €141,894 | €167,226 | €145,412 | €168,692 | ▲ 16.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215,177 | €246,681 | €269,001 | €234,029 | €240,435 | ▲ 2.7% |
| Fixed assets21/28 | €116,950 | €112,035 | €105,249 | €99,089 | €93,776 | ▼ 5.4% |
| Tangible fixed assets22/27 | €116,950 | €112,035 | €105,249 | €99,089 | €93,776 | ▼ 5.4% |
| Land and buildings22 | €113,512 | €109,593 | €104,321 | €99,048 | €93,776 | ▼ 5.3% |
| Furniture and vehicles24 | €3,438 | €2,443 | €928 | €40 | €0 | ▼ 100% |
| Current assets29/58 | €98,228 | €134,646 | €163,752 | €134,940 | €146,658 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €61,475 | €63,078 | €52,294 | €54,656 | €63,006 | ▲ 15.3% |
| Trade receivables40 | - | €3,826 | €50,000 | €50,000 | €60,000 | ▲ 20.0% |
| Other amounts receivable41 | €61,475 | €59,252 | €2,294 | €4,656 | €3,006 | ▼ 35.4% |
| Cash at bank and in hand54/58 | €36,510 | €69,698 | €110,696 | €79,546 | €83,084 | ▲ 4.4% |
| Deferred charges and accrued income490/1 | €242 | €1,869 | €761 | €738 | €569 | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215,177 | €246,681 | €269,001 | €234,029 | €240,435 | ▲ 2.7% |
| Equity10/15 | €129,168 | €21,062 | €23,288 | €21,699 | €21,062 | ▼ 2.9% |
| Contributions10/11 | €7,300 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €121,868 | €2,462 | €2,462 | €2,462 | €2,462 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Other1319 | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €51 | €51 | €51 | €51 | €51 | = |
| Distributable reserves133 | €119,957 | €551 | €551 | €551 | €551 | = |
| Profit (loss) carried forward14 | €0 | €0 | €2,226 | €637 | €0 | ▼ 100% |
| Amounts payable17/49 | €86,009 | €225,619 | €245,713 | €212,329 | €219,373 | ▲ 3.3% |
| Amounts payable after more than one year17 | €71,804 | €66,112 | €61,789 | €57,390 | €52,914 | ▼ 7.8% |
| Financial debts170/4 | €71,804 | €66,112 | €61,789 | €57,390 | €52,914 | ▼ 7.8% |
| Amounts payable within one year42/48 | €14,205 | €159,507 | €183,924 | €154,939 | €166,459 | ▲ 7.4% |
| Current portion of amounts payable after more than one year42 | €12,773 | €5,692 | €4,323 | €4,399 | €4,476 | ▲ 1.8% |
| Trade debts44 | €1,432 | €1,120 | €1,894 | €1,653 | €1,306 | ▼ 21.0% |
| Suppliers440/4 | €1,432 | €1,120 | €1,894 | €1,653 | €1,306 | ▼ 21.0% |
| Taxes, remuneration and social security45 | €0 | €10,676 | €10,520 | €0 | €15,367 | - |
| Taxes450/3 | €0 | €10,676 | €10,505 | €0 | €15,367 | - |
| Remuneration and social security454/9 | - | - | €15 | €0 | - | - |
| Other amounts payable47/48 | €0 | €142,019 | €167,187 | €148,887 | €145,310 | ▼ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,720 | €141,894 | €167,226 | €145,412 | €168,692 | ▲ 16.0% |
| + Depreciation and write-downs630 | €17,471 | €7,836 | €6,786 | €6,160 | €5,312 | ▼ 13.8% |
| Operating cash flow (approximation) | €92,191 | €149,730 | €174,012 | €151,572 | €174,005 | ▲ 14.8% |
| Investment in fixed assets (approximation) | - | -€2,922 | €0 | €0 | €0 | - |
| Change in cash | - | €33,188 | €40,998 | -€31,151 | €3,538 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €168,692 ▲16%
Operating result €220,467, net result €168,692, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 6.91
Current ratio from 1.46 to 6.91; short-term debt falls from €16,291 to €14,205.
31-12
Financial
Equity above €100,000Eq €129,168 ▲137%
4 profitable years in a row build equity to €129,168.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-05
State Gazette act
General meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Grimbergen · 1 establishment unit since 2017
Ground area
136 m²
Building footprint
63 m²
Volume, LiDAR
572 m³
Parcel 23084A0562/00R003, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NB2A
since 20172.267.749.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0562/00R003 | Flanders | 136 m² | 1 · 63 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
AGORIA
Shared director
→
EUROSTAR INTERNATIONAL
Shared director
→
SIEMENS
Shared director
→
VHB Dev
Shared director
→
Show 1 more companies with a shared director
VLAAMS ONAFHANKELIJK ZORGNETWERK
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 31,123 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680623660
Also
9925:BE0680623660
Registered
02-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.