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NDLub

Active
Private limited companyfounded 20233 yrs activeRue de Villers 60, 4280 Hannut, BelgiumKBO/BCE: BE 0803.350.238
Summary

NDLub has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23,919 and a net result of €80,919. Its solvency ranks better than 20% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency44
Growth-
Track record79
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.21; short-term debt: 80.6% and cash: 60.5% of total assets), and 80.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
19.4%
Return on assets
65.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37948 sector peers (2024).
NBB · sector comparison
Position among 37948 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 June 2023, NDLub was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€23,919
Total assets
€123,492
Net result
€80,919
Working capital
€20,736

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

Balance-sheet composition
Assets €122,676
Fixed assets €2,367
Current assets €120,310
Equity and liabilities €123,492
Equity €23,919
Debt €99,574
Debt finances 80.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€108,200
Cash flow
€81,464
Current ratio
1.21
Debt to equity
4.16
ROE
338.3%
ROA
65.5%
Interest coverage
26.60
Debt ≤ 1 year
€99,574
Income taxes
€22,668

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 7,976 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 · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€123,492
Formation expenses20€816
Fixed assets21/28€2,367
Tangible fixed assets22/27€2,367
Furniture and vehicles24€2,367
Current assets29/58€120,310
Amounts receivable within one year40/41€45,592
Trade receivables40€25,380
Other amounts receivable41€20,211
Cash at bank and in hand54/58€74,718
Equity and liabilities
Total equity and liabilities10/49€123,492
Equity10/15€23,919
Contributions10/11€3,000
Profit (loss) carried forward14€20,919
Amounts payable17/49€99,574
Amounts payable within one year42/48€99,574
Trade debts44€9,123
Suppliers440/4€9,123
Taxes, remuneration and social security45€48,451
Taxes450/3€48,451
Other amounts payable47/48€42,000
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545
Other operating charges640/8€3,150
Gross operating margin9900€111,350
Operating profit (loss)9901€107,655
Financial charges65/66B€4,068
Recurring financial charges65€4,068
Profit (loss) for the period before taxes9903€103,586
Income taxes67/77€22,668
Profit (loss) for the period9904€80,919
Profit (loss) for the period to be appropriated9905€80,919
Appropriation of the result
Profit (loss) to be appropriated9906€80,919
Profit to be distributed694/7€60,000
Return on contributions (dividend)694€60,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545
Other operating charges640/8€3,150
Gross operating margin9900€111,350
Operating profit (loss)9901€107,655
Financial charges65/66B€4,068
Recurring financial charges65€4,068
Profit (loss) for the period before taxes9903€103,586
Income taxes67/77€22,668
Profit (loss) for the period9904€80,919
Profit (loss) for the period to be appropriated9905€80,919
Line2024
Assets
Total assets20/58€123,492
Formation expenses20€816
Fixed assets21/28€2,367
Tangible fixed assets22/27€2,367
Furniture and vehicles24€2,367
Current assets29/58€120,310
Amounts receivable within one year40/41€45,592
Trade receivables40€25,380
Other amounts receivable41€20,211
Cash at bank and in hand54/58€74,718
Equity and liabilities
Total equity and liabilities10/49€123,492
Equity10/15€23,919
Contributions10/11€3,000
Profit (loss) carried forward14€20,919
Amounts payable17/49€99,574
Amounts payable within one year42/48€99,574
Trade debts44€9,123
Suppliers440/4€9,123
Taxes, remuneration and social security45€48,451
Taxes450/3€48,451
Other amounts payable47/48€42,000
Line2024
Profit (loss) for the period9904€80,919
+ Depreciation and write-downs630€545
Operating cash flow (approximation)€81,464

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

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Hannut · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,641 m²
Building footprint
115 m²
Volume, LiDAR
978 m³
Parcel 64072B0062/00P000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
NDLUB
Rue de Villers 60, 4280 HannutBusiness consulting
since 20232.347.695.255
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64072B0062/00P000 Wallonia 1,641 m² 1 · 115 m² 10.1 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 32,472 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
Founded29-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
68122Development of non-residential building projects
46120Wholesale trade
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803350238
Registered 14-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.