Turnover
≈ €180,000 estimated
The micro format states no turnover.
NDSC
Overview
Lifetime
1 annual account with figurespeak €86,406 (2025)
€86,406
peak €55,656 (2025)
€55,656
peak €58,156 (2025)
€58,156
€23,306
Board1 name since 2024
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
96
Excellent
Financially stronger than 81% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 0.6%
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.7%▲ +0.1 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 1.6%▲ +0.7 percentage points vs 06-2026highest value
08-2026: 1.6%● unchanged vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026
10-2026: 0.1%▼ -1.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 3.45, cash €56,319
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €58,156 (71.4% of total assets)
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 82, micro). It does better than 72% of them on solvency, 85% on liquidity and 87% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 39,278 companies had the same profile as NDSC has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NDSC itself is lower: 0.1% within 12 months. It rests on far more data about NDSC than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for NDSC. 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 €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.45, above the usual 1.5. Short-term debt is 25.2% and cash 69.1% of total assets. 28.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
35 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain 100 sharesdeed of 17-07-2024
Recent changes
Registered office moved from Tongeren-Borgloon to Grote-Spouwen
New registered office: Herderenweg 10, 3740 Grote-Spouwen · Previous registered office: Driekruisenweg 58, 3700 Tongeren-Borgloon · General meeting of 02-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011567369
Incorporation
Founding capital of €2,500, 100 shares · Founder: DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (oprichter comparant) · Appointment: DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (director) · published on 17-07-2024 · Gazette deed
First establishment
Herderenweg 10, Bilzen-Hoeselt
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as NDSC: other business support services (NACE 82990). They are comparable in size and age: total assets between €82,800 and €98,600, founded in 2024.
Official details
Source: KBO- Status
- Active since 15-07-2024Normal situation
- Activity
- Other business support servicesNACE 82990and 5 others
- Establishment unit
- 2.361.662.8593740 Bilzen-Hoeselt, since 15-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Annual accounts 2025
- €86,406
- €55,656
- €58,156
- €81,461
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on NDSC
NDSC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,156 and a net result of €55,656.
Its solvency ranks better than 70% of 9,696 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadline€86,406
€77,482
€55,656
€50,269
71.4%
3.45
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €140,000 and €240,000.
Balance sheet
balance sheet total €81,461 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
71.4%
Higher than 70% of 9,696 companies in 2025.
3.45
Higher than 70% of 9,314 companies in 2025.
68.3%
Higher than 95% of 9,438 companies in 2025.
NDSC
Middle half of the sector
80% of the sector
Micro accounts in office administrative support (NACE 82)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
81,461 | |
20 |
0 | |
21/28 |
10,681 | |
22/27 |
10,681 | |
24 |
10,681 | |
29/58 |
70,781 | |
40/41 |
13,286 | |
40 |
13,286 | |
41 |
0 | |
54/58 |
56,319 | |
490/1 |
1,176 | |
| Balance sheet: equity and liabilities | ||
10/49 |
81,461 | |
10/15 |
58,156 | |
10/11 |
2,500 | |
13 |
55,656 | |
133 |
55,656 | |
17/49 |
23,306 | |
42/48 |
20,512 | |
44 |
1,092 | |
440/4 |
1,092 | |
45 |
10,911 | |
450/3 |
10,911 | |
47/48 |
8,509 | |
492/3 |
2,794 | |
| Income statement | ||
9900 |
86,406 | |
62 |
4,225 | |
630 |
3,364 | |
640/8 |
1,335 | |
9901 |
77,482 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
58 | |
65 |
58 | |
9903 |
77,424 | |
67/77 |
21,769 | |
9904 |
55,656 | |
9905 |
55,656 | |
| Appropriation of the result | ||
9906 |
55,656 | |
691/2 |
55,656 | |
6921 |
55,656 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00227932 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 80,846 | ||
| 59,020 | ||
| 13,153 | ||
| 50,269 | ||
| 71.4% | ||
| 3.45 | ||
| 0.40 | ||
| 95.7% | ||
| 68.3% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €13,153 |
| €3,364 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on NDSC
Debt's share of the balance-sheet total is 28.6%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 15-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 26-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-07-2024
Mandates through the years
1 name, the dashed line is todayDE SCHAETZEN Niels Etienne Gabriel Marie Ghislain
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain
- Director (not named in the articles), from 15-07-2024 to date
Control
This company
NDSC
Equity €58,156
Profit €55,656 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €582 in 2025
- Source
- deed of 17-07-2024
Articles of association
deed of 17-07-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 17-07-2024 ↗
- DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain 100 shares (100%) · €2,500
Network & group
No group
NDSC has no parent and no holdings in its annual accounts. DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain is the only director. NDSC shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Registered office moved from Tongeren-Borgloon to Grote-SpouwenNew registered office: Herderenweg 10, 3740 Grote-Spouwen · Previous registered office: Driekruisenweg 58, 3700 Tongeren-Borgloon · General meeting of 02-06-20262 points ▸
- General meeting, 02-06-2026
- Registered-office move, Herderenweg 10, 3740 Grote-Spouwen
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011567369
2024
IncorporationFounding capital of €2,500, 100 shares · Founder: DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (oprichter comparant) · Appointment: DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (director) · published on 17-07-20246 points ▸
- Founder, DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (oprichter comparant)
- Founding capital, €2,500, 100 shares
- DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain holds 100 shares
- Registered office clause, Driekruisenweg 58, 3700 Tongeren
- Board rule, 1
- Director appointment, DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain (director (not named in the articles))
- The deed holds 6 more points.
First establishment Herderenweg 10, Bilzen-Hoeselt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
NDSC was incorporated on 15 July 2024 as a private limited company by one natural person, with a starting capital of €2,500.12 The registered office was moved to Grote-Spouwen in 2026.3 Since 2024, DE SCHAETZEN Niels Etienne Gabriel Marie Ghislain has served as director.4
Company details
Identity
- Enterprise number
- 1011.567.369
- VAT number
- BE 1011.567.369
- Peppol ID
- 0208:1011567369
- Other Peppol ID
- 9925:BE1011567369
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 19:00deed of 17-07-2024 (in Dutch)
- Peppol
- Reachable since 27-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NDSC in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-07-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 17-07-2024 (in Dutch)
Activities
NACEBEL 202582990
Other business support services main activity
43320
Joinery installation
Codes under NACEBEL 2008
82990
Other business support services main activity
43320
Joinery installation
43332
Laying of wooden floor and wall coverings
43333
Wallpapering and laying of floor and wall coverings in other materials
46130
Wholesale trade
63990
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “63.990 – Overige dienstverlenende activiteiten op het gebied van informatie, n.e.g; 64.20011 – Managementactiviteiten van holdings…”deed of 17-07-2024 (in Dutch)
33 activities
- 63.990 – Overige dienstverlenende activiteiten op het gebied van informatie, n.e.g.
- 64.20011 – Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
- 70.220 – Overige adviesbureaus op het gebied van bedrijfsbeheer, adviesbureaus op het gebied van bedrijfsvoering
- 70.22001 – Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.
- 70.22002 – Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz.
- 71.11101 – Verlenen van bouwkundige adviezen aan de bouwheer;
- 71.11103 – Toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking, enz.)
- 71.121 – Ingenieurs en aanverwante technische adviseurs, exclusief landmeters.
- 71.12104 – Uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw, de weg- en waterbouw en het verkeer.
- 74.909 – Overige gespecialiseerde wetenschappelijke en technische activiteiten.
- 82.990 – Overige zakelijke dienstverlening, n.e.g.
- 85.599 – Overige vormen van onderwijs.
- 31.099 – Vervaardiging van andere meubelen, n.e.g.
- 43.320 – Schrijnwerk
- 43.32001 – Montage van buiten- en binnenschrijnwerk van hout of van kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.;
- 43.32002 – Installatie van al dan niet verplaatsbare tussenwanden, bekleding van wanden, plafonds, enz. in hout of kunststof.
- 43.32003 – Installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz. in hout of kunststof.
- 43.32004 – Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof.
- 43.32005 – Montage van serres, veranda’s, enz. in hout of kunststof.
- 43.32011 – Montage van buiten – en binnenschrijnwerk in metaal: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.
- 43.32012 – Installatie van al dan niet verplaatsbare tussenwaden, de bekleding van wanden, plafonds, enz., in metaal.
- 43.32013 – Installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz., in metaal.
- 43.32014 – Installatie van geblindeerde deuren en brandwerende deuren in metaal.
- 43.32015 – Montage van serres, veranda’s enz. in metaal.
- 43.32016 – Montage van buiten- en binnenschrijnwerk van kunststof.
- 43.32021 – Installatie van binnendeuren, scheidingswanden enz. van glas.
- 43.32031 – Plaatsen van tussenwanden van gisplaten.
- 43.332 – Plaatsen van vloerbedekking en wandbekleding van hout.
- 43.33201 – Plaatsen in gebouwen en andere bouwwerken van: parket en andere houten vloerbedekking, wandbekleding van hout.
- 43.333 – Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen.
- 43.343 – Glaszetten.
- 46.130 – Handelsbemiddeling in hout en bouwmaterialen.
- 47.521 – Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Herderenweg 10 registered office 3740 Bilzen-Hoeselt | 15-07-2024 | 2.361.662.859 |
1 former office
- Driekruisenweg 58, 3700 Tongeren-Borgloon until 02-06-2026 · deed of 29-06-2026
Buildings and parcels at the address
- Ground area
- 459 m²
- Buildings
- 142 m²
- Volume, LiDAR
- 675 m³
- Tallest building
- 7.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73019A0856/00C000 | 459 m² | 1 · 142 m² | 7.1 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1011.567.369