Debts
€535,977 94% of the balance sheet
NDI Capital
Lifetime
1 annual account with figurespeak -€1,734 (2025)
-€1,734
lowest -€1,742 (2025)
-€1,742
peak €35,758 (2025)
€35,758
€535,977
Board1 name since 2025
1 directorYounes Harakat
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Loss of €1,742Incorporation 29-091 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsTurnover not published (micro format)
Checked score
85
Excellent
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthWeak
Score breakdown
raises risk
Founded in 2025
lowers risk
Size: total assets €571,736
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 27-07-2026)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 27% of them on solvency, 10% on liquidity and 32% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 120 companies had the same profile as NDI Capital has now. Each dot is one company, two years later.
95.8%
were still trading
1.7%
stopped another way
2.5%
went bankrupt
The bankruptcy probability of NDI Capital itself is lower: 0.2% within 12 months. It rests on far more data about NDI Capital than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 120 companies, not a prediction for NDI Capital. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07, below the usual 1.5. Short-term debt is 93.7% and cash 6.6% of total assets. 93.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DUPONT Pascal Gilles Jean-Louis 270 sharesdeed of 29-09-2025
- DUPONT Aurélien Gonzague 30 sharesdeed of 29-09-2025
- CAMBIER Frédéric 100 sharesdeed of 29-09-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1028157933
Incorporation
Founding capital of €50,000, 600 shares · Appointment: HARAKAT Younes (director) · published on 29-09-2025 · Gazette deed
First establishment
Louizalaan 480, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NDI Capital Brussels | €571,736 | -€1,734 | 6.3% | - |
| BaJo Tienen | €667,734 | -€889 | 7.1% | - |
| SOFONEP Belgium Anderlecht | €523,341 | -€4,877 | 16.3% | - |
| SÜBER IMMOBILIERE Uccle | €408,077 | -€21,317 | -18.2% | - |
| LEOTERRA Ninove | €703,582 | -€2,524 | 0.2% | - |
| BAYYA Damme | €567,902 | -€11,631 | -9.2% | - |
| DroneDivision Deerlijk | €630,890 | -€57,055 | -38.5% | 1.3 |
These companies have the same main activity as NDI Capital: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €408,000 and €704,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 25-09-2025Normal situation
- Registered office
- 273 active companies are registered at this address19 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 4 others
- Establishment unit
- 2.381.336.8351050 Brussels, since 25-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Annual accounts 2025
- €571,736
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on NDI Capital
NDI Capital has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,758 and a net result of -€1,742.
Its solvency ranks better than 28% of 17,190 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NDI Capital
- What is the company number of NDI Capital?
- The company number of NDI Capital is 1028.157.933. The VAT number is the same number with BE in front: BE 1028.157.933.
- Where is NDI Capital based?
- The registered office is at Louizalaan 480, 1050 Brussels.Company details
- What does NDI Capital do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of NDI Capital?
- NDI Capital is a private limited company (BV).
- When was NDI Capital founded?
- NDI Capital was founded on 25-09-2025.
- Is NDI Capital still active?
- Yes, NDI Capital is an active enterprise in the KBO register.
- What is the turnover of NDI Capital?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is NDI Capital profitable?
- In financial year 2025, NDI Capital made a loss of €1,742.
- Where can I find the annual accounts of NDI Capital?
- NDI Capital filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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