NCT-GROUP
ActiveThe computed 12-month bankruptcy probability of NCT-GROUP is 4.9% (elevated). The 2025 annual accounts show equity of €91k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 63% of 476 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-7
Solvency73▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 1.83 against 1.76 in 2024; short-term debt: 52.4% and cash: 0.6% of total assets), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.6%
Return on assets
-5.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 5 filingsDeviation from the deadline
2025
26 d late
2024
5 d early
2023
31 d late
2022
151 d late
2021
30 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▼ 11.1%
2024 · €102k
2021: €68k
2022: €105k
2023: €103k
2024: €102k
2021 → 2025
Total assets
€191k▼ 14.3%
2024 · €223k
2021: €214k
2022: €212k
2023: €209k
2024: €223k
2021 → 2025
Net result
€-11k▼ 1,059%
2024 · €-978
2021: €60k
2022: €51k
2023: €-2k
2024: €-978
2021 → 2025
Working capital
€83k▼ 9.6%
2024 · €92k
2021: €43k
2022: €97k
2023: €92k
2024: €92k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€105k▲ 55.4%€103k▼ 1.6%€102k▼ 0.9%€91k▼ 11.1%
Operating result€77k-€64k▼ 16.7%€-3k€-5k▼ 48.7%€-14k▼ 211%
Net result€60k-€51k▼ 13.6%€-2k€-978▲ 41.9%€-11k▼ 1,059%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191k
Fixed assets
€8k▼ 24.1%
Current assets
€184k▼ 13.8%
Equity and liabilities €191k
Equity
€91k▼ 11.1%
Debt
€100k▼ 17.0%
The debt ratio falls from 54.1% to 52.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▼
2024 · €-1k
Cash flow
€-8k▼
2024 · €2k
Solvency
47.6%▲
2024 · 45.9%
Current ratio
1.83▲
2024 · 1.76
Quick ratio
1.79▲
2024 · 1.68
Debt / equity
1.10▼
2024 · 1.18
ROE
-12.5%▼
2024 · -1.0%
ROA
-5.9%▼
2024 · -0.4%
Interest coverage
-7.77▼
2024 · -0.79
Debt
€100k▼
2024 · €121k
Debt ≤ 1 year
€100k▼
2024 · €121k
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€223k€191k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€213k€184k▼
Stocks and contracts in progress3€10k€4k▼
Stocks30/36€10k€4k▼
Amounts receivable within one year40/41€198k€178k▼
Trade receivables40€116k€130k▲
Other amounts receivable41€82k€48k▼
Cash at bank and in hand54/58€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€223k€191k▼
Equity10/15€102k€91k▼
Contributions10/11€8k€8k=
Reserves13€94k€83k▼
Distributable reserves133€94k€83k▼
Amounts payable17/49€121k€100k▼
Amounts payable within one year42/48€121k€100k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€93k€100k▲
Suppliers440/4€93k€100k▲
Taxes, remuneration and social security45€26k-
Taxes450/3€26k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€3k€641▼
Gross operating margin9900€2k€-10k▼
Operating profit (loss)9901€-5k€-14k▼
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-978€-11k▼
Profit (loss) for the period9904€-978€-11k▼
Profit (loss) for the period to be appropriated9905€-978€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-11k▼
Profit (loss) brought forward from the previous period14P€36k-
Transfer from equity791/2-€11k
Transfer to equity691/2€35k-
To other reserves6921€35k-
The notes to these accounts (7 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Equity above €100kEq €105k ▲55.4%
2 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
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, Waregem · 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.
Schoendalestraat 668793 WaregemGround area
2,873 m²
Building footprint
1,037 m²
Volume, LiDAR
371 m³
2 parcels, Flanders · tallest building 5.8 m. Linked by address, not a title deed.
1 establishment unit
NCT-Group
since 20212.315.632.104
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035A0370/00Z000 | Flanders | 2,477 m² | 1 · 849 m² | 0.0 m |
| 34035A0259/00V002 | Flanders | 396 m² | 1 · 188 m² | 5.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0546.739.906
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BE 0689.628.725
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GTA TRANS
BE 0705.860.882
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MEKRANI SERVICES
BE 0793.648.951
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EAGLE EXPRESS
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 1,053 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2021
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.