NDC
ActiveSummary
The computed 12-month bankruptcy probability of NDC is 4.1% (elevated). The 2025 annual accounts show equity of €105,048 and a net result of €40,588. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52
Track record82
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.88 against 3.44 in 2024; short-term debt: 10.7% and cash: 69.3% of total assets), and 10.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
89.3%
Return on assets
34.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 2 filingsDeviation from the deadline
2025
3 d late
2024
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€105,048▲ 63.0%
2024 · €64,460
Total assets
€117,590▲ 56.5%
2024 · €75,127
Net result
€40,588▼ 32.9%
2024 · €60,460
Working capital
€73,705▲ 183%
2024 · €26,002
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€75,661-€52,461▼ 30.7%
Net result€60,460-€40,588▼ 32.9%
Equity€64,460-€105,048▲ 63.0%
Total assets€75,127-€117,590▲ 56.5%
Debt€10,667-€12,542▲ 17.6%
Working capital€26,002-€73,705▲ 183%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,615
Fixed assets
€30,367 ▼ 18.4%
Current assets
€86,248 ▲ 135%
Equity and liabilities €117,590
Equity
€105,048 ▲ 63.0%
Debt
€12,542 ▲ 17.6%
Debt's share of the balance-sheet total falls from 14.2% to 10.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63,184▼
2024 · €85,657
Cash flow
€51,311▼
2024 · €70,455
Current ratio
6.88▲
2024 · 3.44
Debt to equity
0.12▼
2024 · 0.17
ROE
38.6%▼
2024 · 93.8%
ROA
34.5%▼
2024 · 80.5%
Interest coverage
577.92▼
2024 · 11685.75
Debt ≤ 1 year
€12,542▲
2024 · €10,667
Income taxes
€11,773▼
2024 · €15,194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,995 | €10,723 | ▲ 7.3% |
| Gross operating margin9900 | €85,657 | €63,184 | ▼ 26.2% |
| Operating profit (loss)9901 | €75,661 | €52,461 | ▼ 30.7% |
| Financial income75/76B | - | €10 | - |
| Recurring financial income75 | - | €10 | - |
| Financial charges65/66B | €7 | €109 | ▲ 1,392% |
| Recurring financial charges65 | €7 | €109 | ▲ 1,392% |
| Profit (loss) for the period before taxes9903 | €75,654 | €52,362 | ▼ 30.8% |
| Income taxes67/77 | €15,194 | €11,773 | ▼ 22.5% |
| Profit (loss) for the period9904 | €60,460 | €40,588 | ▼ 32.9% |
| Profit (loss) for the period to be appropriated9905 | €60,460 | €40,588 | ▼ 32.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €75,127 | €117,590 | ▲ 56.5% |
| Formation expenses20 | €1,241 | €976 | ▼ 21.4% |
| Fixed assets21/28 | €37,217 | €30,367 | ▼ 18.4% |
| Tangible fixed assets22/27 | €37,217 | €30,367 | ▼ 18.4% |
| Furniture and vehicles24 | €37,217 | €30,367 | ▼ 18.4% |
| Current assets29/58 | €36,669 | €86,248 | ▲ 135% |
| Amounts receivable within one year40/41 | €6,694 | €4,227 | ▼ 36.9% |
| Trade receivables40 | €6,694 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €4,227 | - |
| Cash at bank and in hand54/58 | €29,252 | €81,518 | ▲ 179% |
| Deferred charges and accrued income490/1 | €722 | €503 | ▼ 30.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €75,127 | €117,590 | ▲ 56.5% |
| Equity10/15 | €64,460 | €105,048 | ▲ 63.0% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €60,460 | €101,048 | ▲ 67.1% |
| Amounts payable17/49 | €10,667 | €12,542 | ▲ 17.6% |
| Amounts payable within one year42/48 | €10,667 | €12,542 | ▲ 17.6% |
| Trade debts44 | €9 | €50 | ▲ 487% |
| Suppliers440/4 | €9 | €50 | ▲ 487% |
| Taxes, remuneration and social security45 | €7,774 | €561 | ▼ 92.8% |
| Taxes450/3 | €3,774 | €561 | ▼ 85.1% |
| Remuneration and social security454/9 | €4,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2,884 | €11,931 | ▲ 314% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €60,460 | €40,588 | ▼ 32.9% |
| + Depreciation and write-downs630 | €9,995 | €10,723 | ▲ 7.3% |
| Operating cash flow (approximation) | €70,455 | €51,311 | ▼ 27.2% |
| Investment in fixed assets (approximation) | - | -€3,874 | - |
| Change in cash | - | €52,265 | - |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 6.88
Current ratio from 3.44 to 6.88.
31-12
Financial
Equity above €100,000Eq €105,048 ▲63%
2 profitable years in a row build equity to €105,048.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
Ground area
135 m²
Building footprint
138 m²
Volume, LiDAR
1,118 m³
Parcel 21524C0213/00M003, Brussels · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Koninckstraat 62, 1080 Sint-Jans-Molenbeek
since 20242.372.008.108
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0213/00M003 | Brussels | 135 m² | 1 · 138 m² | 12.9 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.