NDR Holding
ActiveNDR Holding has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €-4k. Its solvency ranks better than 18% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability27
Solvency26
Growth-
Track record67
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.09; short-term debt: 57.8% and cash: 0% of total assets), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9150 sector peers (2025).
NBB · sector comparisonPosition among 9150 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filingDeviation from the deadline
2025
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€21k
Total assets
€2.69M
Net result
€-4k
Working capital
€-1.42M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €2.69M
Fixed assets
€2.56M
Current assets
€136k
Equity and liabilities €2.69M
Equity
€21k
Debt
€2.67M
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€123k
Cash flow
€36k
Solvency
0.8%
Current ratio
0.09
Quick ratio
0.09
ROE
-19.5%
ROA
-0.2%
Interest coverage
0.98
Debt
€2.67M
Debt ≤ 1 year
€1.56M
Debt > 1 year
€1.09M
A ratio outside any meaningful range has been withheld (balance sheet total €2.69M, equity €21k).
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€2.69M
Fixed assets21/28€2.56M
Tangible fixed assets22/27€1.77M
Land and buildings22€1.77M
Financial fixed assets28€789k
Current assets29/58€136k
Amounts receivable within one year40/41€81k
Trade receivables40€80k
Other amounts receivable41€893
Cash at bank and in hand54/58€549
Deferred charges and accrued income490/1€55k
Equity and liabilities
Total equity and liabilities10/49€2.69M
Equity10/15€21k
Contributions10/11€25k
Profit (loss) carried forward14€-4k
Amounts payable17/49€2.67M
Amounts payable after more than one year17€1.09M
Financial debts170/4€1.09M
Amounts payable within one year42/48€1.56M
Financial debts43€1.35M
Credit institutions430/8€1.35M
Trade debts44€420
Suppliers440/4€420
Other amounts payable47/48€205k
Accrued charges and deferred income492/3€23k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k
Other operating charges640/8€6k
Gross operating margin9900€129k
Operating profit (loss)9901€82k
Financial income75/76B€39k
Recurring financial income75€39k
Financial charges65/66B€126k
Recurring financial charges65€126k
Profit (loss) for the period before taxes9903€-4k
Profit (loss) for the period9904€-4k
Profit (loss) for the period to be appropriated9905€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-4k
Social balance
Average headcount (FTE)90870.0
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
NBB filing
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, Antwerpen · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lamorinièrestraat 312018 AntwerpenGround area
5,252 m²
Building footprint
6,628 m²
Parcel 11806F1230/00V010, Flanders. Linked by address, not a title deed.
1 establishment unit
NDR Holding
since 20242.366.846.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1230/00V010 | Flanders | 5,252 m² | 1 · 6,628 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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BJ Invest
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E&M Vastgoed
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Flozon
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Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 2,161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2024
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.