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ND1 TECH

Active
Private limited companyfounded 2024active for 2 yearsLedehof 1, 9160 Lokeren, BelgiumKBO/BCE: BE 1010.123.653
Summary

The computed 12-month bankruptcy probability of ND1 TECH is 6.5% (elevated). The 2025 annual accounts show equity of €24,811 and a net result of €21,811. Its solvency ranks better than 46% of 34,590 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€24,811
Total assets
€57,219
Net result
€21,811
Working capital
€457

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €57,219
Fixed assets €24,353
Current assets €32,866
Equity and liabilities €57,219
Equity €24,811
Debt €32,408
Debt finances 56.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€36,860
Cash flow
€26,967
Current ratio
1.01
Debt to equity
1.31
ROE
87.9%
ROA
38.1%
Interest coverage
over 100
Debt ≤ 1 year
€32,408
Income taxes
€9,834
Staff costs
€7,887

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€57,219
Fixed assets21/28€24,353
Tangible fixed assets22/27€24,353
Plant, machinery and equipment23€17,930
Furniture and vehicles24€6,423
Current assets29/58€32,866
Amounts receivable within one year40/41€24,668
Trade receivables40€20,429
Other amounts receivable41€4,239
Cash at bank and in hand54/58€6,451
Deferred charges and accrued income490/1€1,747
Equity and liabilities
Total equity and liabilities10/49€57,219
Equity10/15€24,811
Contributions10/11€3,000
Reserves13€20,000
Distributable reserves133€20,000
Profit (loss) carried forward14€1,811
Amounts payable17/49€32,408
Amounts payable within one year42/48€32,408
Trade debts44€3,299
Suppliers440/4€3,299
Taxes, remuneration and social security45€14,112
Taxes450/3€9,834
Remuneration and social security454/9€4,278
Other amounts payable47/48€14,997
Income statement Code2025
Remuneration, social security and pensions62€7,887
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,157
Other operating charges640/8€564
Non-recurring operating charges66A€4,837
Gross operating margin9900€50,147
Operating profit (loss)9901€31,703
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€64
Recurring financial charges65€64
Profit (loss) for the period before taxes9903€31,645
Income taxes67/77€9,834
Profit (loss) for the period9904€21,811
Profit (loss) for the period to be appropriated9905€21,811
Appropriation of the result
Profit (loss) to be appropriated9906€21,811
Transfer to equity691/2€20,000
To other reserves6921€20,000

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€7,887
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,157
Other operating charges640/8€564
Non-recurring operating charges66A€4,837
Gross operating margin9900€50,147
Operating profit (loss)9901€31,703
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€64
Recurring financial charges65€64
Profit (loss) for the period before taxes9903€31,645
Income taxes67/77€9,834
Profit (loss) for the period9904€21,811
Profit (loss) for the period to be appropriated9905€21,811
Line2025
Assets
Total assets20/58€57,219
Fixed assets21/28€24,353
Tangible fixed assets22/27€24,353
Plant, machinery and equipment23€17,930
Furniture and vehicles24€6,423
Current assets29/58€32,866
Amounts receivable within one year40/41€24,668
Trade receivables40€20,429
Other amounts receivable41€4,239
Cash at bank and in hand54/58€6,451
Deferred charges and accrued income490/1€1,747
Equity and liabilities
Total equity and liabilities10/49€57,219
Equity10/15€24,811
Contributions10/11€3,000
Reserves13€20,000
Distributable reserves133€20,000
Profit (loss) carried forward14€1,811
Amounts payable17/49€32,408
Amounts payable within one year42/48€32,408
Trade debts44€3,299
Suppliers440/4€3,299
Taxes, remuneration and social security45€14,112
Taxes450/3€9,834
Remuneration and social security454/9€4,278
Other amounts payable47/48€14,997
Line2025
Profit (loss) for the period9904€21,811
+ Depreciation and write-downs630€5,157
Operating cash flow (approximation)€26,967

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-07-2026 2026-00358480

Similar companies · same sector, comparable size

Of the 15,149 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 5,423 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.