Equity
€148,910 ▲ 90.2%
Equity rose in 2025 from €78,309 to €148,910.
NC-Group
Lifetime
4 annual accounts with figures on one time axispeak €160,630 (2025)
€160,630▲ 775%
lowest -€7,493 (2024)
€70,601▲ €78,094
peak €148,910 (2025)
€148,910▲ 90.2%
€281,828▲ 101%
Board3 names since 2021
2 directorsCiobotaru Nicoleta-Angela and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €18,353 to €160,630Back to profit: €70,601Equity from €78,309 to €148,910Debts from €140,539 to €281,828
Key points
from the 2025 annual accountsDebts
€281,828 ▲ 101%
Debts rose by €141,290 in 2025.
Liquidity
2.09 was 1.07 in 2024
Short-term debts rose from €129,853 to €166,258.
Filings
4 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Board
1 joined · 1 left
Board changed. Latest change 30-06-2026 · 1 in office.
Position in the sector
€70,601
Higher net result than 91% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
54
Fair
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 2.8%▼ -0.5 percentage points vs 12-2024
02-2025: 2.8%● unchanged vs 01-2025
03-2025: 2.8%● unchanged vs 02-2025
04-2025: 3.2%▲ +0.4 percentage points vs 03-2025
05-2025: 3.5%▲ +0.3 percentage points vs 04-2025
06-2025: 3.5%● unchanged vs 05-2025
07-2025: 3.5%● unchanged vs 06-2025
08-2025: 2.7%▼ -0.8 percentage points vs 07-2025
09-2025: 3.0%▲ +0.3 percentage points vs 08-2025
10-2025: 4.4%▲ +1.4 percentage points vs 09-2025
11-2025: 3.8%▼ -0.6 percentage points vs 10-2025
12-2025: 3.8%● unchanged vs 11-2025
01-2026: 3.7%▼ -0.1 percentage points vs 12-2025
02-2026: 3.7%● unchanged vs 01-2026
03-2026: 3.7%● unchanged vs 02-2026
04-2026: 3.8%▲ +0.1 percentage points vs 03-2026
05-2026: 3.8%● unchanged vs 04-2026
06-2026: 3.8%● unchanged vs 05-2026
07-2026: 3.7%▼ -0.1 percentage points vs 06-2026
08-2026: 4.3%▲ +0.6 percentage points vs 07-2026
09-2026: 4.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 2.0%▼ -2.4 percentage points vs 09-2026lowest value
11-2026: 2.1%▲ +0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Founded in 2021
Liquidity: current ratio 2.09, cash €7,528
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 37% of them on solvency, 22% on liquidity, 75% on profitability and 90% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as NC-Group has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NC-Group itself is higher: 2.1% within 12 months. It rests on far more data about NC-Group than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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% |
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 26,972 companies, not a prediction for NC-Group. 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 of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.09 (1.07 in 2024), above the usual 1.5. Short-term debt is 38.6% and cash 1.7% of total assets. However, 65.4% of the assets are financed with debt and provisions.
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
Five signals.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
61 days late
2024
61 days late
2023
68 days late
2022
73 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 66 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 4 October (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New director
Ciobotaru Alexandru appointed, Ciobotaru Nicoleta-Angela resigned · General meeting of 16-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0767811715
Registered office moved from Wevelgem to Ledegem
New registered office: Rollegemstraat 109-8880 Ledegem · Previous registered office: Spoorwegstraat 63, 8560 Wevelgem · General meeting of 15-10-2022 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: BARCIU Nicoleta-Angela · Appointment: BARCIU Nicoleta-Angela (director) · published on 06-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NC-Group Ledegem | €430,739 | €160,630 | 34.6% | - |
| DAKSTA Dentergem | €401,910 | €130,396 | 9.1% | - |
| VProjectS Lo-Reninge | €360,226 | €149,984 | 14.2% | - |
| ISOHOME CONCEPT Wanze | €419,090 | €146,515 | 1.2% | - |
| Carefree Cleaning Service Beringen | €504,108 | €149,975 | 36.9% | - |
| JBconstruct Lubbeek | €463,476 | €171,751 | 41.6% | - |
| STRAC Ghent | €388,685 | €133,088 | 82.7% | - |
These companies have the same main activity as NC-Group: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €360,000 and €504,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 04-05-2021Normal situation
- Activity
- Other building finishing workNACE 43350and 7 others
- Establishment unit
- 2.318.491.4268880 Ledegem, since 04-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- ≈ €540,000estimated
- €430,739▲ 96.8%
- ≈ 0.6 FTEestimated
- Filing
- Filed on 30-09-2026
Insights on NC-Group
NC-Group files the micro format. That format states no turnover. The gross margin rose from €49,354 in 2022 to €160,630 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NC-Group
- What is the company number of NC-Group?
- The company number of NC-Group is 0767.811.715. The VAT number is the same number with BE in front: BE 0767.811.715.
- Where is NC-Group based?
- The registered office is at Rollegemstraat 109, 8880 Ledegem.Company details
- What does NC-Group do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of NC-Group?
- NC-Group is a private limited company (BV).
- When was NC-Group founded?
- NC-Group was founded on 04-05-2021.
- Is NC-Group still active?
- Yes, NC-Group is an active enterprise in the KBO register.
- What is the turnover of NC-Group?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €160,630 and 61 comparable companies (NACE 433). It probably lies between €370,000 and €800,000.Financials
- Is NC-Group profitable?
- In financial year 2025, NC-Group made a profit of €70,601.
- Where can I find the annual accounts of NC-Group?
- NC-Group filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NC-Group due?
- NC-Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.