Debts
€1.2m 74% of the balance sheet
Financial debts 75%Suppliers 5%Taxes and wages 1%Other 20%
Of this, €274,871 falls due within a year.
NCL IMMO
Lifetime
16 annual accounts with figures on one time axispeak €178,563 (2022)
€137,407▲ 27.1%
lowest -€5,403 (2021)
€34,492▲ 55.9%
peak €424,863 (2025)
€424,863▲ 54.0%
€1.2m▼ 1.0%
Board2 names since 2020
1 director
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €108,067 to €137,407Result from €22,123 to €34,492Merger proposal: NCL IMMO SRL takes over Universal GSM Philip… 10-09Reappointment: (director) 03-01Equity from €275,946 to €424,863Investments €149,307
Key points
from the 2025 annual accountsInvestments
€315,642 5.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 1149.6% higher than in 2024.
Payment terms
526 days to suppliers
NCL IMMO pays its suppliers 90 days later than in 2024. Customers pay 3 days earlier.
2025 accounts filed 6 days after the deadlineEquity +54%: restructuring
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as NCL IMMO has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,107 companies, not a prediction for NCL IMMO. 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 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
Recent changes
Merger: NCL IMMO takes over UNIVERSAL GSM PHILIPPEVILLE
General meeting of 30-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0823600175
Merger proposal: NCL IMMO SRL takes over Universal GSM Philippeville SA
Gazette deed
Reappointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-12-2024 · Gazette deed
Official details
Source: KBO- Status
- Active since 03-03-2010Normal situation
- Activity
- “Toutes opérations d'achat, de vente, de location, de mise en valeur de tous immeubles…” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.200.110.9436030 Charleroi, since 01-07-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Insights on NCL IMMO
NCL IMMO files the micro format. That format states no turnover. The gross margin rose from €8,812 in 2010 to €137,407 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
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 NCL IMMO
- What is the company number of NCL IMMO?
- The company number of NCL IMMO is 0823.600.175. The VAT number is the same number with BE in front: BE 0823.600.175.
- Where is NCL IMMO based?
- The registered office is at Faubourg-Saint-Germain 14, 5660 Couvin.Company details
- What is the legal form of NCL IMMO?
- NCL IMMO is a private limited company (BV).
- When was NCL IMMO founded?
- NCL IMMO was founded on 03-03-2010.
- Is NCL IMMO still active?
- Yes, NCL IMMO is an active enterprise in the KBO register.
- What is the turnover of NCL IMMO?
- The turnover of NCL IMMO was €146,154 in financial year 2025, according to the filed annual accounts.Financials
- Is NCL IMMO profitable?
- In financial year 2025, NCL IMMO made a profit of €34,492.
- Where can I find the annual accounts of NCL IMMO?
- NCL IMMO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NCL IMMO due?
- NCL IMMO 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 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 what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.