NDS
ActiveSummary
NDS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279k and a net result of €177k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 86% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 6.91 against 6.85 in 2023; short-term debt: 11.5% and cash: 43.3% of total assets), and 11.5% of the assets are financed with debt.
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
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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.5%
Return on assets
56.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
205 d late
2022
196 d late
2021
111 d late
2020
31 d late
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€279k▲ 104%
2023 · €137k
2018: €32klowest in 7 years
2019: €33k▲ +4.4% vs 2018
2020: €72k▲ +115% vs 2019
2021: €79k▲ +10.8% vs 2020
2022: €90k▲ +13.4% vs 2021
2023: €137k▲ +51.8% vs 2022
2024: €279k▲ +104% vs 2023highest in 7 years
2018 → 2024
Total assets
€315k▲ 107%
2023 · €152k
2018: €68klowest in 7 years
2019: €106k▲ +56.7% vs 2018
2020: €117k▲ +10.1% vs 2019
2021: €100k▼ -14.6% vs 2020
2022: €102k▲ +1.6% vs 2021
2023: €152k▲ +49.7% vs 2022
2024: €315k▲ +107% vs 2023highest in 7 years
2018 → 2024
Net result
€177k▲ 213%
2023 · €57k
2018: €11k
2019: €1k▼ -87.2% vs 2018lowest in 7 years
2020: €51k▲ +3478% vs 2019
2021: €18k▼ -64.5% vs 2020
2022: €21k▲ +14.7% vs 2021
2023: €57k▲ +174% vs 2022
2024: €177k▲ +213% vs 2023highest in 7 years
2018 → 2024
Working capital
€214k▲ 137%
2023 · €90k
2018: €21klowest in 7 years
2019: €35k▲ +64.4% vs 2018
2020: €30k▼ -13.7% vs 2019
2021: €33k▲ +10.8% vs 2020
2022: €53k▲ +60.7% vs 2021
2023: €90k▲ +69.1% vs 2022
2024: €214k▲ +137% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€79k▲ 10.8%€90k▲ 13.4%€137k▲ 51.8%€279k▲ 104%
2020: €72klowest in 5 years
2021: €79k▲ +10.8% vs 2020
2022: €90k▲ +13.4% vs 2021
2023: €137k▲ +51.8% vs 2022
2024: €279k▲ +104% vs 2023highest in 5 years
Operating result€58k-€20k▼ 66.5%€35k▲ 79.3%€81k▲ 130%€207k▲ 157%
2020: €58k
2021: €20k▼ -66.5% vs 2020lowest in 5 years
2022: €35k▲ +79.3% vs 2021
2023: €81k▲ +130% vs 2022
2024: €207k▲ +157% vs 2023highest in 5 years
Net result€51k-€18k▼ 64.5%€21k▲ 14.7%€57k▲ 174%€177k▲ 213%
2020: €51k
2021: €18k▼ -64.5% vs 2020lowest in 5 years
2022: €21k▲ +14.7% vs 2021
2023: €57k▲ +174% vs 2022
2024: €177k▲ +213% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 157% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets
€65k ▲ 40.9%
Current assets
€250k ▲ 136%
Equity and liabilities €315k
Equity
€279k ▲ 104%
Debt
€36k ▲ 134%
Debt's share of the balance-sheet total rises from 10.1% to 11.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€220k▲
2023 · €89k
Cash flow
€190k▲
2023 · €65k
Current ratio
6.91▲
2023 · 6.85
Debt to equity
0.13▲
2023 · 0.11
ROE
63.6%▲
2023 · 41.5%
ROA
56.3%▲
2023 · 37.3%
Interest coverage
892.87▲
2023 · 122.38
Debt ≤ 1 year
€36k▲
2023 · €15k
Income taxes
€34k▲
2023 · €25k
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€152k€315k▲
Fixed assets21/28€46k€65k▲
Tangible fixed assets22/27€46k€65k▲
Furniture and vehicles24€6k€28k▲
Other tangible fixed assets26€41k€38k▼
Current assets29/58€106k€250k▲
Amounts receivable within one year40/41€52k€84k▲
Trade receivables40-€28k
Other amounts receivable41€52k€56k▲
Current investments50/53-€25k
Cash at bank and in hand54/58€48k€137k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€152k€315k▲
Equity10/15€137k€279k▲
Contributions10/11€12k€12k=
Reserves13€84k€149k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€82k€147k▲
Profit (loss) carried forward14€41k€118k▲
Amounts payable17/49€15k€36k▲
Amounts payable within one year42/48€15k€36k▲
Trade debts44€5k-
Suppliers440/4€5k-
Advances received on contracts in progress46€32-
Taxes, remuneration and social security45€688€1k▲
Taxes450/3€688€1k▲
Other amounts payable47/48€10k€35k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€949€14▼
Gross operating margin9900€90k€220k▲
Operating profit (loss)9901€81k€207k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€728€247▼
Recurring financial charges65€728€247▼
Profit (loss) for the period before taxes9903€82k€211k▲
Income taxes67/77€25k€34k▲
Profit (loss) for the period9904€57k€177k▲
Profit (loss) for the period to be appropriated9905€57k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€96k€218k▲
Profit (loss) brought forward from the previous period14P€39k€41k▲
Transfer to equity691/2€45k€65k▲
To other reserves6921€45k€65k▲
Profit to be distributed694/7€10k€35k▲
Directors or managers695€10k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €10k | €10k | €8k | €13k | ▲ 55.2% |
| Other operating charges640/8 | - | €1k | €2k | €949 | €14 | ▼ 98.5% |
| Non-recurring operating charges66A | - | - | €8k | - | - | - |
| Gross operating margin9900 | €66k | €31k | €56k | €90k | €220k | ▲ 145% |
| Operating profit (loss)9901 | €58k | €20k | €35k | €81k | €207k | ▲ 157% |
| Financial income75/76B | - | €93 | €559 | €2k | €4k | ▲ 129% |
| Recurring financial income75 | €128 | €93 | €559 | €2k | €4k | ▲ 129% |
| Financial charges65/66B | - | €2k | €2k | €728 | €247 | ▼ 66.1% |
| Recurring financial charges65 | €2k | €2k | €2k | €728 | €247 | ▼ 66.1% |
| Profit (loss) for the period before taxes9903 | €57k | €18k | €34k | €82k | €211k | ▲ 158% |
| Income taxes67/77 | €6k | - | €13k | €25k | €34k | ▲ 34.1% |
| Profit (loss) for the period9904 | €51k | €18k | €21k | €57k | €177k | ▲ 213% |
| Profit (loss) for the period to be appropriated9905 | €51k | €18k | €21k | €57k | €177k | ▲ 213% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117k | €100k | €102k | €152k | €315k | ▲ 107% |
| Fixed assets21/28 | €42k | €46k | €37k | €46k | €65k | ▲ 40.9% |
| Tangible fixed assets22/27 | €42k | €46k | €37k | €46k | €65k | ▲ 40.9% |
| Furniture and vehicles24 | - | €10k | €5k | €6k | €28k | ▲ 402% |
| Other tangible fixed assets26 | - | €36k | €32k | €41k | €38k | ▼ 7.8% |
| Current assets29/58 | €76k | €54k | €65k | €106k | €250k | ▲ 136% |
| Amounts receivable within one year40/41 | €70k | €47k | €53k | €52k | €84k | ▲ 61.4% |
| Trade receivables40 | - | €12k | €21k | - | €28k | - |
| Other amounts receivable41 | - | €36k | €32k | €52k | €56k | ▲ 8.1% |
| Current investments50/53 | - | - | - | - | €25k | - |
| Cash at bank and in hand54/58 | €2k | €6k | €10k | €48k | €137k | ▲ 185% |
| Deferred charges and accrued income490/1 | - | €373 | €1k | €6k | €4k | ▼ 24.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117k | €100k | €102k | €152k | €315k | ▲ 107% |
| Equity10/15 | €72k | €79k | €90k | €137k | €279k | ▲ 104% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €21k | €29k | €39k | €84k | €149k | ▲ 77.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €27k | €37k | €82k | €147k | ▲ 79.4% |
| Profit (loss) carried forward14 | €38k | €38k | €39k | €41k | €118k | ▲ 191% |
| Amounts payable17/49 | €46k | €21k | €12k | €15k | €36k | ▲ 134% |
| Amounts payable within one year42/48 | €46k | €21k | €12k | €15k | €36k | ▲ 134% |
| Financial debts43 | - | €7k | - | - | - | - |
| Credit institutions430/8 | - | €7k | - | - | - | - |
| Trade debts44 | €5k | - | €2k | €5k | - | - |
| Suppliers440/4 | - | - | €2k | €5k | - | - |
| Advances received on contracts in progress46 | - | - | - | €32 | - | - |
| Taxes, remuneration and social security45 | - | €3k | - | €688 | €1k | ▲ 69.8% |
| Taxes450/3 | - | €3k | - | €688 | €1k | ▲ 69.8% |
| Other amounts payable47/48 | - | €10k | €10k | €10k | €35k | ▲ 250% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €18k | €21k | €57k | €177k | ▲ 213% |
| + Depreciation and write-downs630 | €7k | €10k | €10k | €8k | €13k | ▲ 55.2% |
| Operating cash flow (approximation) | €57k | €28k | €31k | €65k | €190k | ▲ 193% |
| Investment in fixed assets (approximation) | - | €-15k | €-811 | €-18k | €-32k | ▼ 76.0% |
| Change in cash | - | €5k | €4k | €38k | €89k | ▲ 135% |
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
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 205 days late
2024
31-12
Financial
Highest result since 2018net €177k ▲213%
Operating result €207k, net result €177k, both a record.
31-12
Financial
Equity above €200kEq €279k ▲104%
7 profitable years in a row build equity to €279k.
12-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 196 days late
2023
31-12
Financial
Equity above €100kEq €137k ▲51.8%
6 profitable years in a row build equity to €137k.
2022
31-12
Financial
Liquidity doublescurrent ratio 5.60
Current ratio from 2.60 to 5.60; short-term debt falls from €21k to €12k.
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 111 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €1k ▼87.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Brecht · 1 establishment unit since 2010
Ground area
1,754 m²
Building footprint
253 m²
Volume, LiDAR
1,380 m³
Parcel 11009M0050/00L008, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DS-Consulting
since 20102.187.529.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0050/00L008 | Flanders | 1,754 m² | 1 · 253 m² | 7.9 m · 2 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
ROTHFELD MANAGEMENT
BE 0810.238.921
Eupen · Eq €279,155
pongit
BE 0662.755.072
Gent · Eq €279,198
MOONSAI CONSULTING
BE 0823.117.650
Watermaal-Bosvoorde · Eq €279,219
HReMOTION
BE 0835.483.368
Lint · Eq €279,026
SCHOUTEN CONSULTANCY
BE 0892.729.503
Sint-Niklaas · Eq €279,003
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,510 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
Founded30-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
ericc@telenet.be
Phone
0477/65.26.20
E-mail
desmedtnancy@skynet.beBrecht
Scores and ratios are computed by Checked and are not a credit decision.