NDKS
ActiveSummary
NDKS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €311,408. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€1.3mtotal assets 2025
- Equity
- €1.2m
- Profit
- €311,408
Turnover not published (abridged schema)
Who decides
Accounts 51 d early0 of 5 deeds read
Why 98+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 28.75 against 24.86 in 2024; short-term debt: 3.4% and cash: 41.2% of total assets), and 3.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
96.6%
Return on assets
24.3%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-09-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
43 d early
2023
39 d early
2022
52 d early
2021
37 d early
2020
58 d early
2019
51 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 47 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 18 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €311,408 ▲24%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €1.3mProfit €311,408Solvency 96.6%Liquidity 28.75
Total assets
€1.3m▲ 20.1%
2019 - 2025
Net result
€311,408▲ 24.0%
2019 - 2025
Equity
€1.2m▲ 20.7%
2019 - 2025
Solvency
96.6%▲ 0.5pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.3m▲ 31.2%€0.3m▼ 0.7%€0.3m▲ 12.5%€0.4m▲ 20.7%€0.4m▲ 20.3%
Net result€0.2mabove the sector's middle half▲ 37.1%€0.2mabove the sector's middle half▼ 1.1%€0.2mabove the sector's middle half▲ 12.9%€0.3mabove the sector's middle half▲ 23.6%€0.3mabove the sector's middle half▲ 24.0%
Equity€0.4mabove the sector's middle half▲ 68.9%€0.6mabove the sector's middle half▲ 40.3%€0.8mabove the sector's middle half▲ 32.4%€1.0mabove the sector's middle half▲ 23.6%€1.2mabove the sector's middle half▲ 20.7%
Total assets€0.5mwithin the sector's middle half▲ 52.3%€0.7mabove the sector's middle half▲ 37.5%€0.9mabove the sector's middle half▲ 31.4%€1.1mabove the sector's middle half▲ 24.2%€1.3mabove the sector's middle half▲ 20.1%
Debt€0.03m▼ 38.9%€0.03m▼ 5.6%€0.03m▲ 7.0%€0.04m▲ 39.9%€0.04m▲ 5.8%
Working capital€0.4mabove the sector's middle half▲ 39.4%€0.6mabove the sector's middle half▲ 53.7%€0.8mabove the sector's middle half▲ 39.5%€1.0mabove the sector's middle half▲ 27.4%€1.2mabove the sector's middle half▲ 23.1%
Solvency93.8%above the sector's middle half▲ 9.2pp95.8%above the sector's middle half▲ 1.9pp96.5%above the sector's middle half▲ 0.8pp96.1%above the sector's middle half▼ 0.4pp96.6%above the sector's middle half▲ 0.5pp
Current ratio13.35above the sector's middle half▲ 6.9321.10above the sector's middle half▲ 7.7627.20above the sector's middle half▲ 6.1024.86above the sector's middle half▼ 2.3528.75above the sector's middle half▲ 3.89
Return on assets (ROA)38.3%above the sector's middle half▼ 4.2pp27.5%within the sector's middle half▼ 10.7pp23.6%within the sector's middle half▼ 3.9pp23.5%within the sector's middle half▼ 0.1pp24.3%within the sector's middle half▲ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€17,388 ▼ 49.4%
Current assets
€1.3m ▲ 22.4%
Equity and liabilities €1.3m
Equity
€1.2m ▲ 20.7%
Debt
€43,942 ▲ 5.8%
Debt's share of the balance-sheet total falls from 3.9% to 3.4%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€450,071▲
2024 · €377,178
Cash flow
€328,396▲
2024 · €268,257
Debt to equity
0.04▼
2024 · 0.04
ROE
25.2%▲
2024 · 24.5%
Interest coverage
1559.01▼
2024 · 12572.60
Debt ≤ 1 year
€43,942▲
2024 · €41,525
Income taxes
€146,732▲
2024 · €118,368
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,341 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% | 1.8% |
| 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% 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 17,811 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €407 | €16,836 | €17,140 | €17,140 | €16,988 | ▼ 0.9% |
| Other operating charges640/8 | - | €537 | €513 | €587 | €622 | ▲ 5.8% |
| Gross operating margin9900 | €267,442 | €282,461 | €315,864 | €377,765 | €450,692 | ▲ 19.3% |
| Operating profit (loss)9901 | €266,924 | €265,088 | €298,211 | €360,038 | €433,083 | ▲ 20.3% |
| Financial income75/76B | - | €93 | €1,099 | €9,477 | €25,346 | ▲ 167% |
| Recurring financial income75 | €103 | €93 | €1,099 | €9,477 | €25,346 | ▲ 167% |
| Financial charges65/66B | - | €72 | €152 | €30 | €289 | ▲ 862% |
| Recurring financial charges65 | €72 | €72 | €152 | €30 | €289 | ▲ 862% |
| Profit (loss) for the period before taxes9903 | €266,955 | €265,109 | €299,158 | €369,485 | €458,140 | ▲ 24.0% |
| Income taxes67/77 | €85,007 | €85,154 | €96,036 | €118,368 | €146,732 | ▲ 24.0% |
| Profit (loss) for the period9904 | €181,947 | €179,955 | €203,122 | €251,117 | €311,408 | ▲ 24.0% |
| Profit (loss) for the period to be appropriated9905 | €181,947 | €179,955 | €203,122 | €251,117 | €311,408 | ▲ 24.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €0.7m | €0.9m | €1.1m | €1.3m | ▲ 20.1% |
| Fixed assets21/28 | €0.08m | €0.07m | €0.05m | €0.03m | €0.02m | ▼ 49.4% |
| Tangible fixed assets22/27 | €0.08m | €0.07m | €0.05m | €0.03m | €0.02m | ▼ 49.5% |
| Plant, machinery and equipment23 | - | €0.002m | €0.002m | €0.001m | €0.001m | ▼ 14.2% |
| Furniture and vehicles24 | - | €0.07m | €0.05m | €0.03m | €0.02m | ▼ 51.1% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €0.4m | €0.6m | €0.8m | €1.0m | €1.3m | ▲ 22.4% |
| Amounts receivable within one year40/41 | €0.06m | €0.02m | €0.001m | €0.02m | €0.03m | ▲ 37.3% |
| Trade receivables40 | - | €0.02m | - | €0.02m | €0.02m | ▲ 2.2% |
| Other amounts receivable41 | - | €0.001m | €0.001m | €0.001m | €0.009m | ▲ 550% |
| Current investments50/53 | - | - | €0.5m | €0.8m | €0.7m | ▼ 6.3% |
| Cash at bank and in hand54/58 | €0.3m | €0.6m | €0.4m | €0.3m | €0.5m | ▲ 104% |
| Deferred charges and accrued income490/1 | - | €0.001m | €0.002m | €0.001m | €0.002m | ▲ 40.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €0.7m | €0.9m | €1.1m | €1.3m | ▲ 20.1% |
| Equity10/15 | €0.4m | €0.6m | €0.8m | €1.0m | €1.2m | ▲ 20.7% |
| Contributions10/11 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.4m | €0.6m | €0.8m | €1.0m | €1.2m | ▲ 20.9% |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | €0.6m | €0.8m | €1.0m | €1.2m | ▲ 21.0% |
| Amounts payable17/49 | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▲ 5.8% |
| Amounts payable within one year42/48 | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▲ 5.8% |
| Trade debts44 | €0.002m | €0.001m | - | €0.003m | - | - |
| Suppliers440/4 | - | €0.001m | - | €0.003m | - | - |
| Taxes, remuneration and social security45 | - | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 16.5% |
| Taxes450/3 | - | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 25.0% |
| Remuneration and social security454/9 | - | - | - | €0.002m | - | - |
| Other amounts payable47/48 | - | €0.009m | €0.01m | €0.01m | €0.01m | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,947 | €179,955 | €203,122 | €251,117 | €311,408 | ▲ 24.0% |
| + Depreciation and write-downs630 | €407 | €16,836 | €17,140 | €17,140 | €16,988 | ▼ 0.9% |
| Operating cash flow (approximation) | €182,354 | €196,791 | €220,262 | €268,257 | €328,396 | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | -€2,045 | €0 | €0 | €0 | - |
| Change in cash | - | €232,552 | -€211,298 | -€95,801 | €269,342 | ▲ 381% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
ORTEC BELGIUM
BE 0460.265.889
Boortmeerbeek · Eq €1,236,860
GCL INVEST
BE 0684.756.256
Kortrijk · Eq €1,236,621
The VAT Firm
BE 0700.485.302
Mechelen · Eq €1,236,597
EECKHOUT EN PARTNERS
BE 0464.350.480
Gavere · Eq €1,236,597
CH & KS
BE 0654.941.921
Baelen · Eq €1,236,402
Of 82,687 companies in this sector we hold annual accounts for 52,635. 25,537 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Connections & network
The board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Timeline
16 eventsLatest 10-09-2025Next filing 31-10-2026
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €311,408 ▲24%
Operating result €433,083, net result €311,408, both a record.
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €1mEq €1.0m ▲23.6%
6 profitable years in a row build equity to €1.0m.
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €500,000Eq €626,162 ▲40.3%
4 profitable years in a row build equity to €626,162.
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 13.35
Current ratio from 6.41 to 13.35; short-term debt falls from €48,085 to €29,381.
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200,000Eq €264,260 ▲56.1%
2 profitable years in a row build equity to €264,260.
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
07-05
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Support & recognitions
1 register with a recognitionLEI lapsed
LEI
not active
6994002SM7GOZHGP7I33
Recognitions · licences · registrations
Legal Entity Identifier
6994002SM7GOZHGP7I33
Company details
Private limited company · founded 17-12-2010Year ends 31-03Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded17-12-2010
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0831992952
Also
9925:BE0831992952
Registered
04-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2010
Ground area
3,384 m²
Building footprint
327 m²
Volume, LiDAR
1,849 m³
2 parcels, Flanders, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NDKS
since 2010unit no. 2.194.393.485
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552G0002/00W024 | Flanders | 2,700 m² | 1 · 193 m² | 8.5 m · 2 fl. |
| 25762E0007/00A000 | Wallonia | 684 m² | 1 · 134 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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