NDR27
ActiveSummary
NDR27 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262k and a net result of €152k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency86▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 1.75 in 2024; short-term debt: 39.3% and cash: 79% of total assets), and 39.3% of the assets are financed with debt.
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Signals
Five 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% 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
60.7%
Return on assets
35.1%
Age of the figures
9 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €262k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
5 d early
2023
5 d early
2022
2 d early
2021
32 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€262k▲ 137%
2024 · €111k
Total assets
€432k▲ 70.3%
2024 · €254k
Net result
€152k▲ 49.0%
2024 · €102k
Working capital
€257k▲ 138%
2024 · €108k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2k€-614€12k€134k▲ 981%€222k▲ 65.4%
Net result€1k€-673€12k€102k▲ 751%€152k▲ 49.0%
Equity€-3k▲ 35.2%€-3k▼ 24.5%€9k€111k▲ 1,192%€262k▲ 137%
Total assets€12k▲ 14.9%€10k▼ 8.9%€95k▲ 808%€254k▲ 167%€432k▲ 70.3%
Debt€14k=€14k▼ 2.4%€87k▲ 523%€143k▲ 65.3%€170k▲ 18.5%
Working capital€-3k▲ 35.2%€-3k▼ 24.5%€6k€108k▲ 1,687%€257k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€5k ▲ 115%
Current assets
€427k ▲ 69.9%
Equity and liabilities €432k
Equity
€262k ▲ 137%
Debt
€170k ▲ 18.5%
Debt's share of the balance-sheet total falls from 56.5% to 39.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€224k▲
2024 · €135k
Cash flow
€155k▲
2024 · €103k
Current ratio
2.51▲
2024 · 1.75
Quick ratio
2.37▲
2024 · 1.40
Debt to equity
0.65▼
2024 · 1.30
ROE
57.9%▼
2024 · 92.3%
ROA
35.1%▼
2024 · 40.2%
Interest coverage
294.14▲
2024 · 181.27
Debt ≤ 1 year
€170k▲
2024 · €143k
Income taxes
€69k▲
2024 · €31k
Staff costs
€64k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9k | €51k | €64k | ▲ 26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | €245 | €1k | €3k | ▲ 99.9% |
| Other operating charges640/8 | - | €302 | €1k | €830 | €1k | ▲ 24.4% |
| Gross operating margin9900 | €2k | €-312 | €23k | €187k | €290k | ▲ 55.0% |
| Operating profit (loss)9901 | €2k | €-614 | €12k | €134k | €222k | ▲ 65.4% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | - | €59 | €417 | €747 | €763 | ▲ 2.1% |
| Recurring financial charges65 | €63 | €59 | €417 | €747 | €763 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €1k | €-673 | €12k | €133k | €221k | ▲ 65.8% |
| Income taxes67/77 | - | - | - | €31k | €69k | ▲ 121% |
| Profit (loss) for the period9904 | €1k | €-673 | €12k | €102k | €152k | ▲ 49.0% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-673 | €12k | €102k | €152k | ▲ 49.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12k | €10k | €95k | €254k | €432k | ▲ 70.3% |
| Fixed assets21/28 | - | - | €4k | €2k | €5k | ▲ 115% |
| Tangible fixed assets22/27 | - | - | €4k | €2k | €5k | ▲ 115% |
| Furniture and vehicles24 | - | - | €4k | €2k | €5k | ▲ 115% |
| Current assets29/58 | €12k | €10k | €91k | €251k | €427k | ▲ 69.9% |
| Stocks and contracts in progress3 | - | - | €41k | €51k | €24k | ▼ 52.9% |
| Stocks30/36 | - | - | €41k | €51k | €24k | ▼ 52.9% |
| Amounts receivable within one year40/41 | €322 | €385 | €3k | €14k | €61k | ▲ 338% |
| Trade receivables40 | - | - | €3k | €14k | €46k | ▲ 230% |
| Other amounts receivable41 | - | €385 | €0 | - | €15k | - |
| Cash at bank and in hand54/58 | €11k | €10k | €47k | €186k | €342k | ▲ 83.8% |
| Deferred charges and accrued income490/1 | - | €0 | €93 | €579 | €417 | ▼ 28.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12k | €10k | €95k | €254k | €432k | ▲ 70.3% |
| Equity10/15 | €-3k | €-3k | €9k | €111k | €262k | ▲ 137% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | - | €92k | €244k | ▲ 165% |
| Distributable reserves133 | - | - | - | €92k | €244k | ▲ 165% |
| Profit (loss) carried forward14 | €-21k | €-22k | €-10k | €0 | - | - |
| Amounts payable17/49 | €14k | €14k | €87k | €143k | €170k | ▲ 18.5% |
| Amounts payable within one year42/48 | €14k | €14k | €85k | €143k | €170k | ▲ 18.5% |
| Trade debts44 | €348 | €0 | €8k | €12k | €25k | ▲ 98.7% |
| Suppliers440/4 | - | €0 | €8k | €12k | €25k | ▲ 98.7% |
| Taxes, remuneration and social security45 | - | - | €22k | €88k | €145k | ▲ 65.0% |
| Taxes450/3 | - | - | €22k | €78k | €138k | ▲ 76.6% |
| Remuneration and social security454/9 | - | - | - | €10k | €7k | ▼ 30.1% |
| Other amounts payable47/48 | - | €14k | €56k | €43k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €1k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-673 | €12k | €102k | €152k | ▲ 49.0% |
| + Depreciation and write-downs630 | €0 | - | €245 | €1k | €3k | ▲ 99.9% |
| Operating cash flow (approximation) | €1k | €-673 | €12k | €103k | €155k | ▲ 49.6% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €-5k | - |
| Change in cash | - | €-1k | €37k | €139k | €156k | ▲ 12.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €152k ▲49%
Operating result €222k, net result €152k, both a record.
31-12
Financial
Equity above €200kEq €262k ▲137%
3 profitable years in a row build equity to €262k.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €111k ▲1,192%
2 profitable years in a row build equity to €111k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
Show earlier events
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 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 2013
Ground area
322 m²
Building footprint
307 m²
Volume, LiDAR
2,582 m³
Parcel 11019B0040/00N007, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NDR27
since 20132.234.801.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0040/00N007 | Flanders | 322 m² | 1 · 307 m² | 13.8 m · 4 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.
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Of 2,784 companies in sector 63910 we hold annual accounts for 698. 444 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
Founded06-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.