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ND 81

Active
Private limited companyfounded 2018active for 8 yearsAvenue Albert 1er 97, 5000 Namur, Belgium44 active companies are registered at this addressKBO/BCE: BE 0689.870.631
Summary

The computed 12-month bankruptcy probability of ND 81 is 2.4% (moderate). The 2025 annual accounts show negative equity (-€26,669) and a net result of €7,591, of which €10,233 non-recurring income. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 12% of 12,661 sector peers (NACE 47, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of newspapers and periodicals
NACE 47621
4 sites
Size
€7.1mturnover 2025
Staff
15 FTE
Equity
-€26,669
Profit
€7,591
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Parent
J.V.P. · 100%
Board
5 members
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 3 days early2 of 3 deeds summarised
Why 51raises riskNegative equity -€26,669Size: turnover €7.1m, 15 FTE, total assets €400,4294 establishment unitslowers riskLiquidity: current ratio 0.92, cash €54,102Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency 18+4
equity -6.7% of total assets
Liquidity 17-3
short-term debt 106.7% · cash 13.5%
Profitability 42+41
return on assets 1.9%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)
Last 24 months 11-2024: 2.0% 12-2024: 1.2%▼ -0.8 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025lowest value 05-2025: 1.2%● unchanged vs 04-2025lowest value 06-2025: 1.2%● unchanged vs 05-2025lowest value 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 3.7%▲ +2.4 percentage points vs 08-2025 10-2025: 3.8%▲ +0.1 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 3.8%● unchanged vs 02-2026 04-2026: 4.2%▲ +0.4 percentage points vs 03-2026 05-2026: 4.1%▼ -0.1 percentage points vs 04-2026 06-2026: 4.0%▼ -0.1 percentage points vs 05-2026 07-2026: 4.5%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 2.4%▼ -2.1 percentage points vs 07-2026 09-2026: 2.4%● unchanged vs 08-2026 10-2026: 2.4%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.92, compared with 0.89 in 2024, below 1; short-term debt: 106.7% and cash: 13.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 8% on solvency, 14% on liquidity, 26% on profitability and 80% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€26,669
NBB · annual accounts
raises risk · Size: turnover €7.1m, 15 FTE, total assets €400,429
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 4 establishment units
KBO · seat and establishments
lowers risk · Liquidity: current ratio 0.92, cash €54,102
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 12661 sector peers (2025).
NBB · sector comparison
Position among 12661 sector peers
Solvency
better than 12%
← weakest strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
3 days early
2024
26 days late
2024
1 day early
2023
27 days late
2022
30 days late
2021
29 days late
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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.
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €7,591
  3. Appointment: BDO Bedrijfsrevisoren-BDO Reviseurs d'entreprises (statutory…Gazette deed

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€26,669 View
  • Positive: Back in profit in 2025after -€46,914 in 2024 €7,591 View
  • Caution: Among the weakest 10% on equitysector median €237,682 · 12,671 companies -€26,669 View
  • Controlled by J.V.P. 100% View

By topic

Financials

Financial year
2025
Turnover
€7.1m
Profit
€7,591
Solvency
-6.7%
Go to Financials

Board & ownership

Board
5 members
Parent
J.V.P. · 100%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • DATAMDirector
  • ELICAMDirector
  • GDELHAYEDirector
  • J-CFDirector
  • VDARDENNEDirector
Go to Board & ownership

Timeline

Events
13
Since
2019
Next accounts
by 31-07-2027
  1. 26-08-2025Annual accounts filed
  2. 20-12-2024Resignations: FERME DE LA TOUR, ELICAM and…
  3. 30-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Retail sale of newspapers and periodicalsNACE 47621
Founded
07-02-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ND 81

What is the company number of ND 81?
0689.870.631. In Belgium the VAT number is the company number with BE in front: BE 0689.870.631.
Where is ND 81 based?
The registered office is at Avenue Albert 1er 97, 5000 Namur.Company details
What does ND 81 do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of ND 81?
Private limited company (BV).
When was ND 81 founded?
On 07-02-2018.
Is ND 81 still active?
Yes, ND 81 is an active enterprise in the KBO register.
How many employees does ND 81 have?
On average 15 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ND 81?
€7.1m in financial year 2025, according to the filed annual accounts.
Is ND 81 profitable?
In financial year 2025, ND 81 made a profit of €7,591.
Where can I find the annual accounts of ND 81?
ND 81 filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ND 81 due?
By 31-07-2027, for financial year 2026.Timeline

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