NG CLEANING SOLUTIONS

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of NG CLEANING SOLUTIONS is 2.7% (moderate). The 2024 annual accounts show equity of €292k and a net result of €144k. Equity is growing by ~72.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 656 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

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 29-01-2026, 182 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.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	29-01-2026	182 d late	2026-00022828
31-12-2023	31-07-2024	21-11-2024	113 d late	2024-00602977
31-12-2022	31-07-2023	17-10-2023	78 d late	2023-00488307

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.7% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€144k+108.0%

Working capital€180k+209.1%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~72.7%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 33 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	39.5%	42.7%	better than 45% of 656 sector peers
Net result	€144k	€14k	better than 95% of 657 sector peers
Equity	€292k	€39k	better than 95% of 657 sector peers
Gross operating margin	€332k	€34k	better than 95% of 657 sector peers
Staff costs	€77k	€18k	higher than 78% of 178 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P45

Weakening position over 2022-2024 · n=343-656

Net result P95

Stable position over 2022-2024 · n=342-657

Equity P95

Improving position over 2022-2024 · n=343-657

Gross operating margin P95

Stable position over 2022-2024 · n=342-657

Describes the position versus peers, not a forecast.

EBITDA

€242k

+121.7% 22-24

Net profit

€144k

+108.0% 22-24

Cash flow

€197k

+126.0% 22-24

Total assets

€739k

+68.6% 22-24

Equity

€292k

+98.1% 22-24

Working capital

€180k

+209.1% 22-24

Employees (FTE)

3

+12.5% 22-24

Staff costs

€77k

+59.0% 22-24

Income taxes

€46k

+112.5% 22-24

Debt

€447k

+53.7% 22-24

Debt ≤ 1y

€447k

+53.7% 22-24

Current ratio

1.40

+16.9% 22-24

Quick ratio

1.40

+16.9% 22-24

Solvency

39.5%

+17.5% 22-24

Debt / equity

1.53

-22.4% 22-24

ROE

49.5%

+5.0% 22-24

ROA

19.5%

+23.3% 22-24

Interest coverage

140.32

+13.6% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€242k
Net profit	€144k
Cash flow	€197k
Staff costs	€77k
Income taxes	€46k
Dividends	-
Total assets	€739k
Equity	€292k
Debt	€447k
of which ≤ 1y	€447k
of which > 1y	-
Working capital	€180k
Employees (FTE)	2.7

Ratios (computed)

	2024
Current ratio	1.40
Quick ratio	1.40
Working capital ratio	24.4%
Solvency	39.5%
Debt / equity	1.53
Long-term debt ratio	-
Interest coverage	140.32
Gross margin	-
Net margin	-
ROA	19.5%
ROE	49.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €111k · 15.1% Current assets €628k · 85.0%

Equity & liabilities

Equity €292k · 39.5% Debt €447k · 60.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€739k
Fixed assets	21/28	€111k
Tangible fixed assets	22/27	€111k
Current assets	29/58	€628k
Amounts receivable within one year	40/41	€466k
Investments	50/53	€40k
Cash & bank	54/58	€115k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€739k
Equity	10/15	€292k
Contributions / capital	10/11	€5k
Reserves	13	€287k
Amounts payable	17/49	€447k
Amounts payable within one year	42/48	€447k
Trade debts payable within one year	44	€356k
Income statement
Gross operating margin	9900	€332k
Operating result	9901	€190k
Financial income	75	€2k
Financial charges	65	€2k
Result before taxes	9903	€190k
Income taxes	67/77	€46k
Net result for the period	9904	€144k
Result to be appropriated	9905	€144k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

89 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Eedverbondkaai 2429000 Gent

Establishment units

2 locations

Eedverbondkaai 242, 9000 Gent

Reparatie en onderhoud van producten van metaal

since 20212.324.059.325

Diebeke(Sch) 6, 9500 Geraardsbergen

Algemene reiniging van gebouwen

since 20262.389.110.196

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,794 m²

Buildings1

Building footprint901 m²

Volume (LiDAR)8,077 m³

Tallest building20.2 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44809I0826/00R000	Flanders	1,794 m²	1 · 901 m²	20.1 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

86 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 89

Profitability 100

Solvency 70

Growth 78

Stability 94

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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We hold annual accounts for 115 of the 880 companies in this sector. 79 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Reparatie van producten van metaal33110Reparatie en onderhoud van producten van metaal33110Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210Slopen43110Slopen43110Overige posterijen en koeriers53200Overige posterijen en koeriers53200Overige reiniging van gebouwen; industriële reiniging81220Overige reiniging van gebouwen; industriële reiniging81220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL	NG CLEANING SOLUTIONS
AbbreviationNL	BCM

Registered office

Eedverbondkaai 242 bus 45

9000 Gent, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.