Ncolor
ActiveThe computed 12-month bankruptcy probability of Ncolor is 2.2% (moderate). The 2025 annual accounts show equity of €44k and a net result of €21k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 30% of 27446 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
91
/ 100
Excellent▲ +64 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency60▲+27
Growth52▲+20
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.39 in 2024), but 71% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
29%
Return on assets
13.9%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
6 d early
2022
6 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 91.6%
2024 · €23k
2022: €34k
2023: €34k
2024: €23k
2022 → 2025
Total assets
€152k▲ 31.0%
2024 · €116k
2022: €99k
2023: €123k
2024: €116k
2022 → 2025
Net result
€21k
2024 · €-11k
2022: €33k
2023: €625
2024: €-11k
2022 → 2025
Working capital
€43k▲ 55.0%
2024 · €28k
2022: €16k
2023: €5k
2024: €28k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€34k-€34k▲ 1.9%€23k▼ 33.1%€44k▲ 91.6%
Operating result€42k-€3k▼ 93.2%€-8k€28k
Net result€33k-€625▼ 98.1%€-11k€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €28k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€44k▲ 153%
Current assets
€108k▲ 9.6%
Equity and liabilities €152k
Equity
€44k▲ 91.6%
Debt
€108k▲ 16.1%
The debt ratio falls from 80.2% to 71.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€40k▲
2024 · €674
Cash flow
€33k▲
2024 · €-3k
Solvency
29.0%▲
2024 · 19.8%
Current ratio
1.66▲
2024 · 1.39
Quick ratio
1.51▲
2024 · 1.23
Debt / equity
2.45▼
2024 · 4.04
ROE
47.8%▲
2024 · -49.5%
ROA
13.9%▲
2024 · -9.8%
Interest coverage
19.61▲
2024 · 0.19
Debt
€108k▲
2024 · €93k
Debt ≤ 1 year
€65k▼
2024 · €71k
Debt > 1 year
€43k▲
2024 · €22k
Income taxes
€5k▲
2024 · €127
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€116k€152k▲
Fixed assets21/28€17k€44k▲
Tangible fixed assets22/27€17k€44k▲
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€10k€39k▲
Financial fixed assets28€258€258=
Current assets29/58€98k€108k▲
Stocks and contracts in progress3€11k€10k▼
Stocks30/36€11k€10k▼
Amounts receivable within one year40/41€82k€83k▲
Trade receivables40€77k€73k▼
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€3k€14k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€116k€152k▲
Equity10/15€23k€44k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€22k€43k▲
Amounts payable17/49€93k€108k▲
Amounts payable after more than one year17€22k€43k▲
Financial debts170/4€22k€43k▲
Amounts payable within one year42/48€71k€65k▼
Current portion of amounts payable after more than one year42€9k€19k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€37k€13k▼
Suppliers440/4€37k€13k▼
Taxes, remuneration and social security45€0€8k▲
Taxes450/3-€5k
Remuneration and social security454/9€0€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€5k€1k▼
Non-recurring operating charges66A€2k€5k▲
Gross operating margin9900€8k€46k▲
Operating profit (loss)9901€-8k€28k▲
Financial income75/76B-€187
Recurring financial income75-€187
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-11k€26k▲
Income taxes67/77€127€5k▲
Profit (loss) for the period9904€-11k€21k▲
Profit (loss) for the period to be appropriated9905€-11k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€43k▲
Profit (loss) brought forward from the previous period14P€33k€22k▼
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-11k ▼1919%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wingene · 1 establishment unit since 2022
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.
Kloosterstraat 2B8755 WingeneGround area
2,000 m²
Building footprint
447 m²
Volume, LiDAR
3,294 m³
Parcel 37012B0636/00T000, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kloosterstraat 2B, 8755 Wingene
since 20222.328.751.452
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012B0636/00T000 | Flanders | 2,000 m² | 1 · 446 m² | 13.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 5,694 EUR awarded · 5,694 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 5,694 EUR | 5,694 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 2,276 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2022
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ncolor@outlook.com
Phone:0472829458