NDV Services
ActiveSummary
NDV Services has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,605 and a net result of -€8,247. Its solvency ranks better than 90% of 9,633 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
- Equity
- €34,605
- Loss
- -€8,247
Why 81raises riskFounded in 2023Liquidity: current ratio 10.81, cash €1,062, halvedlowers riskSector: Office administrative, office support and other business support activities (NACE 82)Equity €34,605 (90.8% of total assets)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 88% on solvency, 46% on liquidity, 5% on profitability and 22% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 22 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Resignation: Adel Lugonic (director)Appointment: Natascha De Vadder (director)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Natascha De Vadder (director)Appointment: Adel Lugonic (director) ·…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €6,312 after €50,222 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,223 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €466 | €304 | ▼ 34.8% |
| Other operating charges640/8 | €2,376 | €370 | ▼ 84.4% |
| Gross operating margin9900 | €53,064 | -€5,638 | - |
| Operating profit (loss)9901 | €50,222 | -€6,312 | - |
| Financial income75/76B | €719 | - | - |
| Recurring financial income75 | €719 | - | - |
| Financial charges65/66B | €2,996 | €1,624 | ▼ 45.8% |
| Recurring financial charges65 | €2,996 | €1,624 | ▼ 45.8% |
| Profit (loss) for the period before taxes9903 | €47,945 | -€7,936 | - |
| Income taxes67/77 | €13,093 | €311 | ▼ 97.6% |
| Profit (loss) for the period9904 | €34,852 | -€8,247 | - |
| Profit (loss) for the period to be appropriated9905 | €34,852 | -€8,247 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €50,355 | €38,118 | ▼ 24.3% |
| Fixed assets21/28 | €446 | €142 | ▼ 68.2% |
| Tangible fixed assets22/27 | €446 | €142 | ▼ 68.2% |
| Plant, machinery and equipment23 | €446 | €142 | ▼ 68.2% |
| Current assets29/58 | €49,909 | €37,976 | ▼ 23.9% |
| Amounts receivable after more than one year29 | €23,719 | €36,915 | ▲ 55.6% |
| Trade receivables290 | €23,719 | - | - |
| Other amounts receivable291 | - | €36,915 | - |
| Amounts receivable within one year40/41 | €5,738 | - | - |
| Trade receivables40 | €5,738 | - | - |
| Cash at bank and in hand54/58 | €19,170 | €1,062 | ▼ 94.5% |
| Deferred charges and accrued income490/1 | €1,283 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €50,355 | €38,118 | ▼ 24.3% |
| Equity10/15 | €42,852 | €34,605 | ▼ 19.2% |
| Contributions10/11 | €8,000 | €8,000 | = |
| Reserves13 | - | €26,605 | - |
| Distributable reserves133 | - | €26,605 | - |
| Profit (loss) carried forward14 | €34,852 | - | - |
| Amounts payable17/49 | €7,504 | €3,513 | ▼ 53.2% |
| Amounts payable within one year42/48 | €7,504 | €3,513 | ▼ 53.2% |
| Trade debts44 | €1,824 | - | - |
| Suppliers440/4 | €1,824 | - | - |
| Taxes, remuneration and social security45 | €5,633 | €3,513 | ▼ 37.6% |
| Taxes450/3 | €5,633 | €3,513 | ▼ 37.6% |
| Other amounts payable47/48 | €46 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €34,852 | -€8,247 | - |
| + Depreciation and write-downs630 | €466 | €304 | ▼ 34.8% |
| Operating cash flow (approximation) | €35,318 | -€7,943 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€18,108 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00320491 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00185595 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE VADDER Natascha Simone Eduard |
|
| Adel Lugonic |
|
Owners and capital
Capital and shareholders
- DE VADDER Natascha Simone Eduard 100 shares (100%) · €8,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 22-06-2023 Incorporation · €8,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
NDV Services was incorporated on 20 June 2023 as a private limited company by one natural person, with a starting capital of €8,000.12 Since 2026, DE VADDER Natascha Simone Eduard has served as director of the company.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Acts, filings and financial milestones
16-09
Gazette deed
Resignation: Adel Lugonic (director)Appointment: Natascha De Vadder (director)3 facts ▸
- General meeting, 01-09-2026
- Director resignation, Adel Lugonic (director)
- Director appointment, Natascha De Vadder (director)
13-08
Gazette deed
Resignation: Natascha De Vadder (director)Appointment: Adel Lugonic (director) · Director discharge · Power of attorney6 facts ▸
- General meeting, 01-06-2025
- Director resignation, Natascha De Vadder (director (not named in the articles))
- Director discharge, Natascha De Vadder (director (not named in the articles))
- Director appointment, Adel Lugonic (director (not named in the articles))
- Power of attorney, BV Meesters Accountants
- Power of attorney
22-06
Gazette deed
IncorporationAppointment: DE VADDER Natascha Simone Eduard (director) · Founder · Founding capital13 facts ▸
- Incorporation, 20-06-2023
- Founder, DE VADDER Natascha Simone Eduard
- Founding capital, €8,000
- Bank account, “BNP Paribas Fortis bank, vennootschap in oprichting” (deed in Dutch)
- Other provision, “bevestiging deponering, deponering overeenkomstig Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Other provision, “geen verdere stortingen bij oprichting, artikel 5:8 Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Other provision, “comparanten, vaststelling statuten” (deed in Dutch)
- General meeting, “voorafgaande beschikkingen, oprichters” (deed in Dutch)
- Registered office clause, “Handelslei 34/b1”, 2980 (deed in Dutch)
- Board rule, 1
- Director appointment, DE VADDER Natascha Simone Eduard (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11453I0191/02Y000 | Flanders | 203 m² | 1 · 111 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van diensten, zoals het managen, verlenen van advies en bijstand, supervisie en werkzaamheden die verband houden met…” (deed in Dutch)
28 activities (deed in Dutch)
- Het verlenen van diensten, zoals het managen, verlenen van advies en bijstand, supervisie en werkzaamheden die verband houden met consultancy, (bedrijfs)administratie, marketing, communicatie, publiciteit en public relations;
- Belegging en beheer van vermogens, gaande van onroerende goederen, roerende goederen en rechten tot roerende goederen en kapitalen, dit alles hetzij voor eigen rekening, hetzij voor rekening van derden of in deelname met derden; deze aanduidingen en opsommingen zijn niet beperkend doch enkel van aanwijzende aard en te begrijpen in de ruimste zin;
- Het uitoefenen van mandaten van beheer en/of toezicht in vennootschappen of ondernemingen van gelijk welke aard, en het verstrekken van advies en bijstand in verband met het technisch, administratief, bedrijfseconomisch en algemeen beheer van ondernemingen en vennootschappen;
- Het verwerven, vervreemden, beheren, uitbaten, valoriseren, verkavelen, ordenen, huren en verhuren, het doen bouwen en/of verbouwen, promotie van en makelen in onroerende goederen evenals alle gelijksoortige onroerende transacties en verrichtingen in de meest ruime zin, met inbegrip van onroerende leasing;
- Diverse administratieve activiteiten ten behoeve van kantoren;
- Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren;
- Overige zakelijke dienstverlening, n.e.g;
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering;
- 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.;
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz.;
- Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het vermogen, enz.;
- Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis;
- Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis;
- Innen van de huur (residentiële gebouwen);
- Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis;
- Handel in eigen onroerend goed;
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen;
- Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen;
- Handelsbemiddeling gespecialiseerd in andere goederen;
- Het organiseren van workshops en opleidingen
- Overige vormen van onderwijs;
- Detailhandel in allerlei producten via het internet (e-commerce);
- Schoonheidsverzorging;
- Verlenen van advies op het gebied van de schoonheidszorgen en gezichtsverzorging; het aanbrengen van make-up, enz.;
- Huidverzorging en epileren;
- Manicure en pedicure;
- Diensten in verband met het lichamelijk welzijn, zoals verleend in inrichtingen voor thalassotherapie, kuuroorden, Turkse baden, sauna's, stoombaden, massagesalons, enz.;
- Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NDV Services
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Kan maar moet niet beperkt zijn, één of meer bestuurders” (deed in Dutch)“Vaste of evenredige vergoeding, representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen - recht van voorkeur, per e-mail of bij gewone post indien geen e-mailadres, beide op zelfde…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) indien geen andere vereffenaar benoemd, algemene vergadering kan één of meerdere vereffenaars…” (deed in Dutch)