NDM
ActiveSummary
The computed 12-month bankruptcy probability of NDM is 1.7% (moderate). The 2024 annual accounts show equity of €2k and a net result of €664. Equity is shrinking by ~14.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 18936 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▲+25
Solvency26=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
1.2%
Return on assets
0.3%
Age of the figures
21 mo
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 18-06-2025, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2024
43 d early
2023
51 d early
2022
57 d early
2021
62 d early
2019
17 d early
2018
16 d early
2017
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2k▲ 39.4%
2023 · €2k
2019: €17khighest value
2021: €-24klowest value
2022: €13k▲ +156% vs 2021
2023: €2k▼ -87.4% vs 2022
2024: €2k▲ +39.4% vs 2023
2019 → 2024
Total assets
€204k▼ 13.0%
2023 · €234k
2019: €281k
2021: €294khighest value
2022: €256k▼ -13.0% vs 2021
2023: €234k▼ -8.4% vs 2022
2024: €204k▼ -13.0% vs 2023lowest value
2019 → 2024
Net result
€664
2023 · €-12k
2019: €-703
2021: €-22klowest value
2022: €37k▲ +266% vs 2021highest value
2023: €-12k▼ -131% vs 2022
2024: €664▲ +106% vs 2023
2019 → 2024
Working capital
€-22k▲ 35.7%
2023 · €-34k
2019: €-42k
2021: €-88klowest value
2022: €-23k▲ +73.5% vs 2021
2023: €-34k▼ -46.2% vs 2022
2024: €-22k▲ +35.7% vs 2023highest value
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€17k-€-24k€13k€2k▼ 87.4%€2k▲ 39.4%
2019: €17khighest value
2021: €-24klowest value
2022: €13k▲ +156% vs 2021
2023: €2k▼ -87.4% vs 2022
2024: €2k▲ +39.4% vs 2023
Operating result€17k-€-9k€48k€-1k€14k
2019: €17k
2021: €-9klowest value
2022: €48k▲ +664% vs 2021highest value
2023: €-1k▼ -102% vs 2022
2024: €14k▲ +1367% vs 2023
Net result€-703-€-22k▼ 3,079%€37k€-12k€664
2019: €-703
2021: €-22klowest value
2022: €37k▲ +266% vs 2021highest value
2023: €-12k▼ -131% vs 2022
2024: €664▲ +106% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €204k
Fixed assets
€165k ▼ 25.8%
Current assets
€39k ▲ 215%
Equity and liabilities €204k
Equity
€2k ▲ 39.4%
Debt
€202k ▼ 13.4%
Debt's share of the balance-sheet total falls from 99.3% to 98.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2023 · €40k
Cash flow
€66k▲
2023 · €30k
Current ratio
0.64▲
2023 · 0.27
Quick ratio
0.54▲
2023 · 0.14
Debt to equity
85.78
ROE
28.3%▲
2023 · -690.7%
ROA
0.3%▲
2023 · -5.0%
Interest coverage
5.84▲
2023 · 3.62
Debt ≤ 1 year
€61k▲
2023 · €47k
Debt > 1 year
€141k▼
2023 · €184k
Income taxes
€462▲
2023 · €135
Staff costs
€18k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€234k€204k▼
Fixed assets21/28€222k€165k▼
Intangible fixed assets21€160k€130k▼
Tangible fixed assets22/27€62k€34k▼
Land and buildings22€18k€15k▼
Plant, machinery and equipment23€20k€11k▼
Furniture and vehicles24-€409
Leasing and similar rights25€20k€1k▼
Other tangible fixed assets26€4k€7k▲
Financial fixed assets28€500€500=
Current assets29/58€12k€39k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40€1k€2k▲
Cash at bank and in hand54/58€2k€26k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€234k€204k▼
Equity10/15€2k€2k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-17k€-16k▲
Amounts payable17/49€233k€202k▼
Amounts payable after more than one year17€184k€141k▼
Financial debts170/4€184k€141k▼
Amounts payable within one year42/48€47k€61k▲
Current portion of amounts payable after more than one year42€30k€32k▲
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€628€6k▲
Taxes450/3€271€5k▲
Remuneration and social security454/9€357€881▲
Other amounts payable47/48€10k€13k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€3k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€65k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€45k€100k▲
Operating profit (loss)9901€-1k€14k▲
Financial income75/76B€786€237▼
Recurring financial income75€786€237▼
Financial charges65/66B€11k€14k▲
Recurring financial charges65€11k€14k▲
Profit (loss) for the period before taxes9903€-12k€1k▲
Income taxes67/77€135€462▲
Profit (loss) for the period9904€-12k€664▲
Profit (loss) for the period to be appropriated9905€-12k€664▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-16k▲
Profit (loss) brought forward from the previous period14P€-5k€-17k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €3k | €3k | €18k | ▲ 568% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €40k | €40k | €42k | €65k | ▲ 56.2% |
| Other operating charges640/8 | - | - | €2k | €2k | €3k | ▲ 41.5% |
| Gross operating margin9900 | €55k | €34k | €93k | €45k | €100k | ▲ 123% |
| Operating profit (loss)9901 | €17k | €-9k | €48k | €-1k | €14k | ▲ 1,367% |
| Financial income75/76B | - | - | €600 | €786 | €237 | ▼ 69.8% |
| Recurring financial income75 | €36 | €1k | €600 | €786 | €237 | ▼ 69.8% |
| Financial charges65/66B | - | - | €12k | €11k | €14k | ▲ 22.0% |
| Recurring financial charges65 | €15k | €15k | €12k | €11k | €14k | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | €2k | €-22k | €37k | €-12k | €1k | ▲ 110% |
| Income taxes67/77 | €3k | - | - | €135 | €462 | ▲ 243% |
| Profit (loss) for the period9904 | €-703 | €-22k | €37k | €-12k | €664 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €-703 | €-22k | €37k | €-12k | €664 | ▲ 106% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €281k | €294k | €256k | €234k | €204k | ▼ 13.0% |
| Fixed assets21/28 | €260k | €274k | €239k | €222k | €165k | ▼ 25.8% |
| Intangible fixed assets21 | €240k | €200k | €180k | €160k | €130k | ▼ 18.8% |
| Tangible fixed assets22/27 | €19k | €73k | €59k | €62k | €34k | ▼ 44.2% |
| Land and buildings22 | - | - | - | €18k | €15k | ▼ 15.4% |
| Plant, machinery and equipment23 | - | - | €24k | €20k | €11k | ▼ 45.5% |
| Furniture and vehicles24 | - | - | €465 | - | €409 | - |
| Leasing and similar rights25 | - | - | €33k | €20k | €1k | ▼ 94.7% |
| Other tangible fixed assets26 | - | - | €1k | €4k | €7k | ▲ 78.0% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €21k | €20k | €17k | €12k | €39k | ▲ 215% |
| Stocks and contracts in progress3 | €5k | €3k | €4k | €6k | €6k | ▲ 6.9% |
| Stocks30/36 | - | - | €4k | €6k | €6k | ▲ 6.9% |
| Amounts receivable within one year40/41 | €2k | €6k | €656 | €1k | €2k | ▲ 55.4% |
| Trade receivables40 | - | - | €591 | €1k | €2k | ▲ 55.4% |
| Other amounts receivable41 | - | - | €66 | - | - | - |
| Cash at bank and in hand54/58 | €13k | €8k | €11k | €2k | €26k | ▲ 1,126% |
| Deferred charges and accrued income490/1 | - | - | €1k | €3k | €4k | ▲ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €281k | €294k | €256k | €234k | €204k | ▼ 13.0% |
| Equity10/15 | €17k | €-24k | €13k | €2k | €2k | ▲ 39.4% |
| Contributions10/11 | €19k | - | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-2k | €-42k | €-5k | €-17k | €-16k | ▲ 3.9% |
| Amounts payable17/49 | €264k | €318k | €243k | €233k | €202k | ▼ 13.4% |
| Amounts payable after more than one year17 | €200k | €207k | €201k | €184k | €141k | ▼ 23.6% |
| Financial debts170/4 | - | - | €201k | €184k | €141k | ▼ 23.6% |
| Amounts payable within one year42/48 | €63k | €109k | €40k | €47k | €61k | ▲ 31.1% |
| Current portion of amounts payable after more than one year42 | - | - | €26k | €30k | €32k | ▲ 6.0% |
| Trade debts44 | €5k | €5k | €4k | €6k | €10k | ▲ 80.1% |
| Suppliers440/4 | - | - | €4k | €6k | €10k | ▲ 80.1% |
| Taxes, remuneration and social security45 | - | - | €226 | €628 | €6k | ▲ 792% |
| Taxes450/3 | - | - | - | €271 | €5k | ▲ 1,641% |
| Remuneration and social security454/9 | - | - | €226 | €357 | €881 | ▲ 147% |
| Other amounts payable47/48 | - | - | €9k | €10k | €13k | ▲ 31.3% |
| Accrued charges and deferred income492/3 | - | - | €2k | €2k | - | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-703 | €-22k | €37k | €-12k | €664 | ▲ 106% |
| + Depreciation and write-downs630 | €30k | €40k | €40k | €42k | €65k | ▲ 56.2% |
| Operating cash flow (approximation) | €30k | €18k | €77k | €30k | €66k | ▲ 119% |
| Investment in fixed assets (approximation) | - | - | €-6k | €-24k | €-8k | ▲ 68.1% |
| Change in cash | - | - | €3k | €-9k | €24k | ▲ 376% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €664
Net result €664 after one loss-making year.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
2014
12-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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 2015
Ground area
371 m²
Building footprint
349 m²
Volume, LiDAR
1,909 m³
Parcel 11346B0602/00T007, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BOOKBINDERS
since 20152.242.699.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0602/00T007 | Flanders | 371 m² | 1 · 349 m² | 9.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,394 EUR awarded · 4,394 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 288 EUR | 288 EUR |
| 2024 | 1 | 106 EUR | 106 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.242.699.485
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BE 0870.604.692
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TAMTAM RESTO
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 3,153 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
Founded19-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.