NCFA
ActiveNCFA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-1k) and a net result of €-6k. Equity is shrinking by ~31.9% per year across the filed fiscal years. Its net result ranks better than 24% of 1208 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency100=
Growth55▼-17
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Credit advice for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€1k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
79 d late
2023
4 d late
2022
3 d early
2021
64 d late
2020
62 d late
2019
192 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€8k▼ 43.6%
2022 · €14k
2019: €0
2021: €3k
2022: €14k
2019 → 2023
EBIT margin
-9.1%▲ 21.3pp
2022 · -30.4%
2021: -35.0%
2022: -30.4%
2021 → 2023
Net result
€-6k▼ 544%
2023 · €-886
2018: €-4k
2019: €-6k
2020: €-824
2021: €-1k
2022: €-4k
2023: €-886
2018 → 2024
Working capital
€5k▲ 120%
2022 · €2k
2018: €5k
2019: €4k
2020: €4k
2021: €2k
2022: €2k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3k€14k▲ 312%€8k▼ 43.6%
Equity€4k-€2k▼ 38.0%€2k▲ 5.9%€5k▲ 120%€-1k
Operating result€-824-€-1k▼ 43.9%€-4k▼ 258%€-713▲ 83.2%€-6k▼ 676%
Net result€-824-€-1k▼ 56.9%€-4k▼ 237%€-886▲ 79.7%€-6k▼ 544%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €713 in 2023; the loss grows and 2024 is the lowest year so far.
Key figures and ratios
Debt
€1k▲
2023 · €11
Debt ≤ 1 year
€18▲
2023 · €11
Debt > 1 year
€997
Staff costs
€78▼
2023 · €650
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
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€5k€0▼
Current assets29/58€5k-
Amounts receivable after more than one year29€5k-
Trade receivables290€5k-
Cash at bank and in hand54/58€3-
Equity and liabilities
Total equity and liabilities10/49€5k€0▼
Equity10/15€5k€-1k▼
Contributions10/11€17k€18k▲
Capital10€17k€18k▲
Issued capital100€19k€19k=
Uncalled capital101€1k€195▼
Reserves13€0€0=
Non-distributable reserves130/1€0€0=
Legal reserve130€0€0=
Tax-exempt reserves132€0€0=
Distributable reserves133€0€0=
Profit (loss) carried forward14€-12k€-19k▼
Provisions and deferred taxes16€0-
Amounts payable17/49€11€1k▲
Amounts payable after more than one year17-€997
Other amounts payable178/9-€997
Amounts payable within one year42/48€11€18▲
Current portion of amounts payable after more than one year42€11€0▼
Financial debts43-€18
Credit institutions430/8-€18
Income statement
Code20232024
Turnover70€8k-
Goods, raw materials, services and sundry goods60/61€11k€1k▼
Remuneration, social security and pensions62€650€78▼
Other operating charges640/8€63€5k▲
Operating profit (loss)9901€-713€-6k▼
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€173€182▲
Recurring financial charges65€173€182▲
Profit (loss) for the period before taxes9903€-886€-6k▼
Profit (loss) for the period9904€-886€-6k▼
Transfer from tax-exempt reserves789€0-
Transfer to tax-exempt reserves689€9k€12k▲
Profit (loss) for the period to be appropriated9905€-10k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-30k▼
Profit (loss) brought forward from the previous period14P€-9k€-12k▼
Transfer from equity791/2€7k€10k▲
To the legal reserve6920€0€0=
To other reserves6921€0€0=
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 79 days late
2024
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
31-12
Financial
Liquidity times 16current ratio 483.73
Current ratio from 30.02 to 483.73; short-term debt falls from €83 to €11.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 12current ratio 30.02
Current ratio from 2.51 to 30.02; short-term debt falls from €2k to €83.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 192 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 25.49
Current ratio from 8.08 to 25.49; short-term debt falls from €605 to €150.
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Jilali Lotfi
CurrentGérant · since 11-06-2025
11-06-2025
Appointed as Gérant
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2021
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.
Kunstlaan 191210 Sint-Joost-ten-NodeGround area
168 m²
Building footprint
103 m²
Volume, LiDAR
2,093 m³
Parcel 21572B0360/00M004, Brussels · tallest building 23.5 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Itachi
since 20212.312.692.212
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0360/00M004 | Brussels | 168 m² | 1 · 103 m² | 23.5 m · 7 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
MedMax
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BE 0778.790.828
Gent · Eq €5k
Geldof G. & Partner
BE 0740.886.988
Temse · Eq €5k
GOBILLION ANAELLE
BE 1011.164.523
Vorst · Eq €5k
PLEISTERWERKEN NICO PEUTEMAN
BE 0769.404.295
Brugge · Eq €5k
Of 24,424 companies in sector 82990 we hold annual accounts for 9,361. 3,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-11-2015
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.