NG CLEANING SOLUTIONS
ActiveSummary
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 43% of 1633 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+4
Solvency64▲+5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity tight (current ratio 1.4 against 1.2 in 2023; short-term debt: 60.5% and cash: 15.5% of total assets), and 60.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
182 d late
2023
113 d late
2022
78 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€292k▲ 98.1%
2023 · €147k
2022: €78k
2023: €147k
2022 → 2024
Total assets
€739k▲ 68.6%
2023 · €438k
2022: €102k
2023: €438k
2022 → 2024
Net result
€144k▲ 108%
2023 · €69k
2022: €73k
2023: €69k
2022 → 2024
Working capital
€180k▲ 209%
2023 · €58k
2022: €67k
2023: €58k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€78k-€147k▲ 89.4%€292k▲ 98.1%
Operating result€91k-€92k▲ 1.3%€190k▲ 107%
Net result€73k-€69k▼ 4.5%€144k▲ 108%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 107% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €739k
Fixed assets
€111k ▲ 25.2%
Current assets
€628k ▲ 79.7%
Equity and liabilities €739k
Equity
€292k ▲ 98.1%
Debt
€447k ▲ 53.7%
Debt's share of the balance-sheet total falls from 66.4% to 60.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€242k▲
2023 · €109k
Cash flow
€197k▲
2023 · €87k
Current ratio
1.40▲
2023 · 1.20
Debt to equity
1.53▼
2023 · 1.98
ROE
49.5%▲
2023 · 47.2%
ROA
19.5%▲
2023 · 15.8%
Interest coverage
140.32▲
2023 · 123.53
Debt ≤ 1 year
€447k▲
2023 · €291k
Income taxes
€46k▲
2023 · €22k
Staff costs
€77k▲
2023 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€438k€739k▲
Fixed assets21/28€89k€111k▲
Tangible fixed assets22/27€89k€111k▲
Plant, machinery and equipment23€11k€56k▲
Furniture and vehicles24€73k€52k▼
Leasing and similar rights25€3k€2k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€349k€628k▲
Amounts receivable within one year40/41€257k€466k▲
Trade receivables40€203k€260k▲
Other amounts receivable41€54k€206k▲
Current investments50/53€26k€40k▲
Cash at bank and in hand54/58€64k€115k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€438k€739k▲
Equity10/15€147k€292k▲
Contributions10/11€5k€5k=
Reserves13€142k€287k▲
Distributable reserves133€142k€287k▲
Amounts payable17/49€291k€447k▲
Amounts payable within one year42/48€291k€447k▲
Financial debts43€119€22k▲
Credit institutions430/8€119€2k▲
Other loans439-€20k
Trade debts44€244k€356k▲
Suppliers440/4€244k€356k▲
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€47k€54k▲
Taxes450/3€47k€48k▲
Remuneration and social security454/9-€6k
Income statement
Code20232024
Remuneration, social security and pensions62€48k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€52k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€162k€332k▲
Operating profit (loss)9901€92k€190k▲
Financial income75/76B€172€2k▲
Recurring financial income75€172€2k▲
Financial charges65/66B€885€2k▲
Recurring financial charges65€885€2k▲
Profit (loss) for the period before taxes9903€91k€190k▲
Income taxes67/77€22k€46k▲
Profit (loss) for the period9904€69k€144k▲
Profit (loss) for the period to be appropriated9905€69k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€144k▲
Transfer to equity691/2€69k€144k▲
To other reserves6921€69k€144k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 182 days late
2024
31-12
Financial
Highest result since 2022net €144k ▲108%
Operating result €190k, net result €144k, both a record.
31-12
Financial
Equity above €200kEq €292k ▲98.1%
3 profitable years in a row build equity to €292k.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-12
Financial
Weakest financial yearnet €69k ▼4.5%
Net result drops to €69k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €147k ▲89.4%
2 profitable years in a row build equity to €147k.
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 · 2 establishment units since 2021
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 GentGround area
1,794 m²
Building footprint
901 m²
Volume, LiDAR
8,077 m³
Parcel 44809I0826/00R000, Flanders · tallest building 20.2 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Eedverbondkaai 242, 9000 Gent
since 20212.324.059.325
Diebeke(Sch) 6, 9500 Geraardsbergen
since 20262.389.110.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0826/00R000 | Flanders | 1,794 m² | 1 · 901 m² | 20.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 299 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 299 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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MWD MAINTENANCE
BE 0568.745.246
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Of 887 companies in sector 33110 we hold annual accounts for 440. 321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2021
Fiscal year end31-12
Abbreviation NL
BCM
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
81210General cleaning of buildings
43110Demolition
53200Other postal and courier activities
81220Other building cleaning and industrial cleaning
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.