Ndaku
ActiveSummary
Ndaku has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,112 and a net result of €34,583. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 7098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+15
Solvency100▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 4.94 against 2.77 in 2024; short-term debt: 16.3% and cash: 15.1% of total assets), and 16.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
83.7%
Return on assets
32.1%
Age of the figures
9 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
22 d late
2023
36 d early
2022
34 d early
2021
17 d late
2020
26 d early
2019
37 d early
← 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 17 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 3 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€90,112▲ 62.3%
2024 · €55,528
Total assets
€107,648▲ 29.1%
2024 · €83,387
Net result
€34,583▲ 213%
2024 · €11,062
Working capital
€69,146▲ 53.7%
2024 · €44,990
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€9,445€1,672€18,235▲ 991%€15,756▼ 13.6%€47,758▲ 203%
Net result-€18,419below the sector's middle half-€4,273below the sector's middle half▲ 76.8%€20,427within the sector's middle half€11,062within the sector's middle half▼ 45.8%€34,583within the sector's middle half▲ 213%
Equity€65,215within the sector's middle half▼ 22.0%€60,942within the sector's middle half▼ 6.6%€62,769within the sector's middle half▲ 3.0%€55,528within the sector's middle half▼ 11.5%€90,112within the sector's middle half▲ 62.3%
Total assets€319,652within the sector's middle half▼ 4.7%€73,072within the sector's middle half▼ 77.1%€93,313within the sector's middle half▲ 27.7%€83,387within the sector's middle half▼ 10.6%€107,648within the sector's middle half▲ 29.1%
Debt€254,436▲ 1.0%€12,130▼ 95.2%€30,544▲ 152%€27,858▼ 8.8%€17,536▼ 37.1%
Working capital€11,747within the sector's middle half▼ 59.5%€58,495within the sector's middle half▲ 398%€48,211within the sector's middle half▼ 17.6%€44,990within the sector's middle half▼ 6.7%€69,146within the sector's middle half▲ 53.7%
Solvency20.4%below the sector's middle half▼ 4.5pp83.4%above the sector's middle half▲ 63.0pp67.3%within the sector's middle half▼ 16.1pp66.6%within the sector's middle half▼ 0.7pp83.7%above the sector's middle half▲ 17.1pp
Current ratio1.24within the sector's middle half▼ 0.536.30above the sector's middle half▲ 5.062.65within the sector's middle half▼ 3.642.77within the sector's middle half▲ 0.114.94above the sector's middle half▲ 2.18
Return on assets (ROA)-5.8%below the sector's middle half▼ 19.4pp-5.8%below the sector's middle half▼ 0.1pp21.9%within the sector's middle half▲ 27.7pp13.3%within the sector's middle half▼ 8.6pp32.1%above the sector's middle half▲ 18.9pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 203% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107,648
Fixed assets
€20,966 ▲ 62.2%
Current assets
€86,682 ▲ 23.0%
Equity and liabilities €107,648
Equity
€90,112 ▲ 62.3%
Debt
€17,536 ▼ 37.1%
Debt's share of the balance-sheet total falls from 33.4% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,318▲
2024 · €18,790
Cash flow
€38,143▲
2024 · €14,095
Debt to equity
0.19▼
2024 · 0.50
ROE
38.4%▲
2024 · 19.9%
Interest coverage
112.74▲
2024 · 32.20
Debt ≤ 1 year
€17,536▼
2024 · €25,473
Income taxes
€14,897▲
2024 · €6,420
Staff costs
€2,428▲
2024 · €1,848
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11,755 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €2,352 | €1,848 | €2,428 | ▲ 31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,229 | €70 | €2,062 | €3,033 | €3,560 | ▲ 17.4% |
| Other operating charges640/8 | €1,296 | €960 | €1,455 | €1,006 | €1,564 | ▲ 55.5% |
| Gross operating margin9900 | €2,080 | €2,702 | €24,104 | €21,643 | €55,309 | ▲ 156% |
| Operating profit (loss)9901 | -€9,445 | €1,672 | €18,235 | €15,756 | €47,758 | ▲ 203% |
| Financial income75/76B | €1,001 | €0 | €5,306 | €2,309 | €2,178 | ▼ 5.7% |
| Recurring financial income75 | €1,001 | €0 | €5,306 | €2,309 | €2,178 | ▼ 5.7% |
| Financial charges65/66B | €6,101 | €5,945 | €686 | €584 | €455 | ▼ 22.0% |
| Recurring financial charges65 | €6,101 | €5,945 | €686 | €584 | €455 | ▼ 22.0% |
| Profit (loss) for the period before taxes9903 | -€14,545 | -€4,273 | €22,855 | €17,482 | €49,481 | ▲ 183% |
| Income taxes67/77 | €3,874 | - | €2,429 | €6,420 | €14,897 | ▲ 132% |
| Profit (loss) for the period9904 | -€18,419 | -€4,273 | €20,427 | €11,062 | €34,583 | ▲ 213% |
| Profit (loss) for the period to be appropriated9905 | -€18,419 | -€4,273 | €20,427 | €11,062 | €34,583 | ▲ 213% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €319,652 | €73,072 | €93,313 | €83,387 | €107,648 | ▲ 29.1% |
| Fixed assets21/28 | €258,245 | €3,534 | €15,957 | €12,924 | €20,966 | ▲ 62.2% |
| Tangible fixed assets22/27 | €258,245 | €3,534 | €15,957 | €12,924 | €20,966 | ▲ 62.2% |
| Land and buildings22 | €247,793 | - | - | - | - | - |
| Plant, machinery and equipment23 | €10,452 | - | - | - | €11,075 | - |
| Furniture and vehicles24 | - | €3,534 | €9,854 | €7,447 | €5,040 | ▼ 32.3% |
| Other tangible fixed assets26 | - | - | €6,103 | €5,476 | €4,850 | ▼ 11.4% |
| Current assets29/58 | €61,407 | €69,538 | €77,356 | €70,463 | €86,682 | ▲ 23.0% |
| Amounts receivable within one year40/41 | €36,579 | €48,666 | €61,712 | €43,260 | €60,003 | ▲ 38.7% |
| Trade receivables40 | €545 | €13,805 | €19,270 | - | €17,043 | - |
| Other amounts receivable41 | €36,035 | €34,861 | €42,442 | €43,260 | €42,959 | ▼ 0.7% |
| Cash at bank and in hand54/58 | €24,827 | €20,872 | €10,338 | €19,589 | €16,283 | ▼ 16.9% |
| Deferred charges and accrued income490/1 | - | - | €5,305 | €7,614 | €10,396 | ▲ 36.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €319,652 | €73,072 | €93,313 | €83,387 | €107,648 | ▲ 29.1% |
| Equity10/15 | €65,215 | €60,942 | €62,769 | €55,528 | €90,112 | ▲ 62.3% |
| Contributions10/11 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €65,034 | €65,034 | €65,034 | €55,528 | €90,112 | ▲ 62.3% |
| Non-distributable reserves130/1 | €963 | €963 | €963 | €963 | - | - |
| Reserves not available under the articles1311 | €963 | €963 | €963 | €963 | - | - |
| Distributable reserves133 | €64,071 | €64,071 | €64,071 | €54,565 | €90,112 | ▲ 65.1% |
| Profit (loss) carried forward14 | -€18,419 | -€22,692 | -€2,265 | - | - | - |
| Amounts payable17/49 | €254,436 | €12,130 | €30,544 | €27,858 | €17,536 | ▼ 37.1% |
| Amounts payable after more than one year17 | €203,918 | - | - | - | - | - |
| Financial debts170/4 | €203,918 | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,660 | €11,043 | €29,145 | €25,473 | €17,536 | ▼ 31.2% |
| Current portion of amounts payable after more than one year42 | - | - | €5,970 | €4,259 | €1,685 | ▼ 60.4% |
| Financial debts43 | €9,928 | - | - | - | - | - |
| Credit institutions430/8 | €9,928 | - | - | - | - | - |
| Trade debts44 | €500 | €3,694 | €3,804 | €2,999 | €4,842 | ▲ 61.4% |
| Suppliers440/4 | €500 | €3,694 | €3,804 | €2,999 | €4,842 | ▲ 61.4% |
| Taxes, remuneration and social security45 | €21,592 | €1,768 | €5,035 | €7,769 | €5,189 | ▼ 33.2% |
| Taxes450/3 | €21,592 | €1,768 | €5,035 | €7,769 | €5,189 | ▼ 33.2% |
| Other amounts payable47/48 | €17,640 | €5,582 | €14,336 | €10,446 | €5,820 | ▼ 44.3% |
| Accrued charges and deferred income492/3 | €858 | €1,087 | €1,399 | €2,385 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,419 | -€4,273 | €20,427 | €11,062 | €34,583 | ▲ 213% |
| + Depreciation and write-downs630 | €10,229 | €70 | €2,062 | €3,033 | €3,560 | ▲ 17.4% |
| Operating cash flow (approximation) | -€8,190 | -€4,203 | €22,489 | €14,095 | €38,143 | ▲ 171% |
| Investment in fixed assets (approximation) | - | €254,640 | -€14,485 | €0 | -€11,602 | - |
| Change in cash | - | -€3,955 | -€10,534 | €9,250 | -€3,306 | ▼ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20,427
Net result €20,427 after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 6.30
Current ratio from 1.24 to 6.30; short-term debt falls from €49,660 to €11,043.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Weakest financial yearnet -€18,419
Net result drops to -€18,419, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €45,768 ▲138%
Operating result €68,292, net result €45,768, both a record.
31-12
Financial
Liquidity times 17current ratio 1.76
Current ratio from 0.11 to 1.76.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2018
Ground area
495 m²
Building footprint
339 m²
Volume, LiDAR
8,705 m³
Parcel 11808H1212/00T007, Flanders · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
NDAKU B.V.B.A.
since 20182.281.161.668
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1212/00T007 | Flanders | 495 m² | 1 · 339 m² | 30.4 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,633 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0700754130
Also
9925:BE0700754130
Registered
08-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.