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NDS

Active Private limited companyfounded 2010active for 16 yearsPierrelaan 10, 2960 BrechtKBO/BCE: BE 0824.694.889

Lifetime

15 annual accounts with figures on one time axis
peak €220,321 (2024)
€220,321▲ 145%
lowest -€3,585 (2014)
€177,442▲ 213%
peak €279,135 (2024)
€279,135▲ 104%
€36,168▲ 134%
Board3 names since 2019
2 directorsErik Somers and 1 other
Documentsfilings and deeds
31-12-2025153 days late
2024micro format
Gross margin from €90,000 to €220,321Result from €56,666 to €177,442Equity from €136,693 to €279,135Debts from €15,424 to €36,168Investments €31,893Cash from €47,940 to €136,660

Key points

from the 2024 annual accounts

Equity

€279,135 ▲ 104%

NDS has made a profit without a break since 2018.

Result

€177,442 ▲ 213%
€56,7002023€177,0002024

The result rose in 2024 from €56,666 to €177,442.

Turnover

≈ €370,000 estimated

The micro format states no turnover.

Investments

€31,893 2.5 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Filings

15 annual accounts 103 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€177,442

Higher net result than 94% of companies in head offices and management consultancy. Sector median €26,142 · 37,607 companies.

Checked score

58
Fair
Financially stronger than 88% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 3.5%▲ +1.4 percentage points vs 12-2024highest value 02-2025: 3.5%● unchanged vs 01-2025highest value 03-2025: 0.7%▼ -2.8 percentage points vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.9%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%▼ -0.1 percentage points vs 10-2025 12-2025: 1.2%▲ +0.4 percentage points vs 11-2025 01-2026: 2.2%▲ +1.0 percentage point vs 12-2025 02-2026: 0.1%▼ -2.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

100=equity 88.5% of total assets
99+10short-term debt 11.5% · cash 43.3%
100=return on assets 56.3%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.91, cash €136,660
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2010
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 93% on liquidity, 84% on profitability and 90% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as NDS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of NDS itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for NDS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €16,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 6.91 (6.85 in 2023), above the usual 1.5. Short-term debt is 11.5% and cash 43.3% of total assets. 11.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 6.91, cash €136,660
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 153 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
153 days late
2023
205 days late
2022
196 days late
2021
111 days late
2020
31 days late
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 110 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ES
Manager, since 01-01-2020
SE
Director, since 01-01-2020
  • SOMERS Erik Charles Frieda 20 sharesdeed of 29-12-2023
  • DE SMEDT Nancy Helene Raymonde 80 sharesdeed of 29-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0824694889
Change of role: SOMERS Erik Charles Frieda, from statutory manager to statutory director “Opleiding en training en management advies; Engineering; Energieadvies; In en verkoop van vastgoed; Marketing…” (deed in Dutch) · SOMERS Erik Charles Frieda holds 20 shares · DE SMEDT Nancy Helene Raymonde holds 80 shares · General meeting of 20-12-2023 · Gazette deed
New manager Erik Somers appointed, Nancy De Smedt resigned · General meeting of 13-12-2019 · Gazette deed
First establishment DS-Consulting, Pierrelaan 10, Brecht
All 30 events

Comparable companies

same main activity, similar in size and age
Company
NDS Brecht - - 88.5% -
BOLD ADVICE Heist-op-den-Berg - - 79.4% -
Antwerp Trading and Services Edegem - - 48.7% -
1UP Wijnegem - - 51.2% -
Condesco Kontich €196,131 25.1% 95.4% 1
iFacto Enterprise Solutions Kontich €651,212 11.0% 77.2% 1.9
AESTAS Ostend - - 85.5% -

These companies have the same main activity as NDS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €277,000 and €371,000, founded between 2007 and 2010.

Official details

Source: KBO
Status
Active since 30-03-2010Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.187.529.2512960 Brecht, since 01-04-2010
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2024

€315,303▲ 107%
Filing
Filed on 31-12-2025
Financials

Insights on NDS

NDS files the micro format. That format states no turnover. The gross margin rose from €8,158 in 2010 to €220,321 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NDS

What is the company number of NDS?
The company number of NDS is 0824.694.889. The VAT number is the same number with BE in front: BE 0824.694.889.
Where is NDS based?
The registered office is at Pierrelaan 10, 2960 Brecht.Company details
What does NDS do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of NDS?
NDS is a private limited company (BV).
When was NDS founded?
NDS was founded on 30-03-2010.
Is NDS still active?
Yes, NDS is an active enterprise in the KBO register.
What is the turnover of NDS?
The turnover in financial year 2024 is ≈ €370,000. This figure is estimated from the gross margin of €220,321 and 109 comparable companies (NACE 70200). It probably lies between €310,000 and €450,000.Financials
Is NDS profitable?
In financial year 2024, NDS made a profit of €177,442.
Where can I find the annual accounts of NDS?
NDS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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