NEDDINE
ActiveNEDDINE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €740k and a net result of €61k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-29
Solvency94▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 3.04 in 2024), but 51% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
49%
Return on assets
4.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
26 d early
2023
7 d early
2022
2 d early
2021
1 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€740k▲ 3.0%
2024 · €719k
2018: €590k
2019: €602k
2020: €629k
2021: €635k
2022: €652k
2023: €668k
2024: €719k
2018 → 2025
Total assets
€1.51M▼ 0.3%
2024 · €1.52M
2018: €864k
2019: €1.44M
2020: €1.41M
2021: €1.46M
2022: €1.47M
2023: €1.54M
2024: €1.52M
2018 → 2025
Net result
€61k▼ 39.4%
2024 · €101k
2018: €100k
2019: €60k
2020: €28k
2021: €87k
2022: €98k
2023: €88k
2024: €101k
2018 → 2025
Working capital
€470k▼ 2.5%
2024 · €482k
2018: €375k
2019: €1.02M
2020: €716k
2021: €621k
2022: €370k
2023: €449k
2024: €482k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€635k-€652k▲ 2.7%€668k▲ 2.5%€719k▲ 7.6%€740k▲ 3.0%
Operating result€96k-€103k▲ 7.8%€95k▼ 8.1%€117k▲ 23.4%€86k▼ 26.2%
Net result€87k-€98k▲ 12.7%€88k▼ 10.2%€101k▲ 14.9%€61k▼ 39.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€784k▼ 1.7%
Current assets
€727k▲ 1.2%
Equity and liabilities €1.51M
Equity
€740k▲ 3.0%
Debt
€770k▼ 3.3%
The debt ratio falls from 52.6% to 51.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€110k▼
2024 · €141k
Cash flow
€85k▼
2024 · €125k
Solvency
49.0%▲
2024 · 47.4%
Current ratio
2.83▼
2024 · 3.04
Quick ratio
2.83▼
2024 · 3.04
Debt / equity
1.04▼
2024 · 1.11
ROE
8.3%▼
2024 · 14.1%
ROA
4.1%▼
2024 · 6.7%
Interest coverage
3.99▼
2024 · 8.05
Debt
€770k▼
2024 · €797k
Debt ≤ 1 year
€257k▲
2024 · €236k
Debt > 1 year
€513k▼
2024 · €560k
Income taxes
€20k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.51M▼
Fixed assets21/28€798k€784k▼
Tangible fixed assets22/27€798k€784k▼
Land and buildings22€792k€777k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€4k€5k▲
Current assets29/58€718k€727k▲
Amounts receivable after more than one year29€500k€500k=
Other amounts receivable291€500k€500k=
Amounts receivable within one year40/41€155k€190k▲
Trade receivables40€34k€31k▼
Other amounts receivable41€122k€159k▲
Cash at bank and in hand54/58€62k€35k▼
Deferred charges and accrued income490/1€971€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.51M▼
Equity10/15€719k€740k▲
Contributions10/11€19k€19k=
Reserves13€689k€720k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€22k€22k=
Distributable reserves133€666k€697k▲
Profit (loss) carried forward14€11k€1k▼
Amounts payable17/49€797k€770k▼
Amounts payable after more than one year17€560k€513k▼
Financial debts170/4€560k€513k▼
Amounts payable within one year42/48€236k€257k▲
Current portion of amounts payable after more than one year42€37k€38k▲
Financial debts43€100k€75k▼
Credit institutions430/8€100k€75k▼
Trade debts44€30k€82k▲
Suppliers440/4€30k€82k▲
Taxes, remuneration and social security45€19k€21k▲
Taxes450/3€19k€21k▲
Other amounts payable47/48€50k€40k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▼
Other operating charges640/8€552€274▼
Gross operating margin9900€141k€110k▼
Operating profit (loss)9901€117k€86k▼
Financial income75/76B€23k€23k▼
Recurring financial income75€23k€23k▼
Financial charges65/66B€17k€28k▲
Recurring financial charges65€17k€28k▲
Profit (loss) for the period before taxes9903€122k€81k▼
Income taxes67/77€21k€20k▼
Profit (loss) for the period9904€101k€61k▼
Profit (loss) for the period to be appropriated9905€101k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€61k▼
Transfer to equity691/2€40k€20k▼
To other reserves6921€40k€20k▼
Profit to be distributed694/7€50k€40k▼
Directors or managers695€50k€40k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €101k ▲14.9%
Operating result €117k, net result €101k, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €28k ▼53.9%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity triplescurrent ratio 6.93
Current ratio from 2.44 to 6.93; short-term debt falls from €260k to €172k.
01-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 327 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beukenlaan 509051 GentGround area
751 m²
Building footprint
116 m²
Volume, LiDAR
468 m³
Parcel 44062A0066/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
neddine
since 20112.204.885.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0066/00L000 | Flanders | 751 m² | 1 · 116 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
AWELL HEALTH
BE 0696.819.789
Gent · Eq €741k
GREENSHIRT
BE 0849.580.537
Bilzen-Hoeselt · Eq €740k
OMICO
BE 0472.678.129
Schoten · Eq €740k
Engagement to the Core
BE 0822.475.272
Aarschot · Eq €739k
DC²
BE 0807.113.541
Sint-Niklaas · Eq €739k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 10,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1999
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.