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NGK

Active
Private limited companyfounded 201213 yrs activeMorkhovenseweg(NDW) 70, 2200 Herentals, BelgiumKBO/BCE: BE 0508.572.978

NGK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €96k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 1.89 in 2024), and 26.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.3%
Return on assets
35.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 d early
2024
15 d early
2023
34 d early
2022
34 d early
2021
on the day
2020
2 d early
2019
34 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€197k▲ 67.9%
2024 · €117k
2018: €27k 2019: €41k 2020: €36k 2021: €53k 2022: €85k 2023: €104k 2024: €117k
2018 → 2025
Total assets
€269k▲ 60.6%
2024 · €167k
2018: €47k 2019: €58k 2020: €107k 2021: €128k 2022: €163k 2023: €164k 2024: €167k
2018 → 2025
Net result
€96k▲ 213%
2024 · €31k
2018: €2k 2019: €15k 2020: €5k 2021: €27k 2022: €34k 2023: €19k 2024: €31k
2018 → 2025
Working capital
€161k▲ 390%
2024 · €33k
2018: €16k 2019: €29k 2020: €19k 2021: €29k 2022: €27k 2023: €33k 2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€53k-€85k▲ 61.1%€104k▲ 22.6%€117k▲ 12.4%€197k▲ 67.9%
Operating result€43k-€53k▲ 23.3%€34k▼ 35.5%€51k▲ 48.8%€68k▲ 33.8%
Net result€27k-€34k▲ 27.4%€19k▼ 43.1%€31k▲ 59.4%€96k▲ 213%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €43k€43kNet result 2021: €27k€27kOperating result 2022: €53k€53kNet result 2022: €34k€34kOperating result 2023: €34k€34kNet result 2023: €19k€19kOperating result 2024: €51k€51kNet result 2024: €31k€31kOperating result 2025: €68k€68kNet result 2025: €96k€96k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 34% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets €45k▼ 53.3%
Current assets €223k▲ 219%
Equity and liabilities €269k
Equity €197k▲ 67.9%
Debt €72k▲ 43.7%
The debt ratio falls from 29.9% to 26.7%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€87k
2024 · €66k
Cash flow
€115k
2024 · €47k
Solvency
73.3%
2024 · 70.1%
Current ratio
3.59
2024 · 1.89
Quick ratio
3.59
2024 · 1.89
Debt / equity
0.37
2024 · 0.43
ROE
48.8%
2024 · 26.2%
ROA
35.7%
2024 · 18.3%
Interest coverage
91.22
2024 · 61.34
Debt
€72k
2024 · €50k
Debt ≤ 1 year
€62k
2024 · €37k
Debt > 1 year
€10k
2024 · €13k
Income taxes
€44k
2024 · €19k
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€167k€269k
Fixed assets21/28€97k€45k
Tangible fixed assets22/27€47k€45k
Plant, machinery and equipment23€11k€7k
Furniture and vehicles24€36k€38k
Financial fixed assets28€50k-
Current assets29/58€70k€223k
Amounts receivable within one year40/41€29k€37k
Trade receivables40€16k€25k
Other amounts receivable41€13k€12k
Current investments50/53€20k€20k
Cash at bank and in hand54/58€16k€157k
Deferred charges and accrued income490/1€5k€10k
Equity and liabilities
Total equity and liabilities10/49€167k€269k
Equity10/15€117k€197k
Contributions10/11€6k€6k=
Reserves13€111k€191k
Distributable reserves133€111k€191k
Amounts payable17/49€50k€72k
Amounts payable after more than one year17€13k€10k
Financial debts170/4€13k€10k
Amounts payable within one year42/48€37k€62k
Current portion of amounts payable after more than one year42€17k€10k
Financial debts43€12k€36k
Credit institutions430/8-€112
Other loans439€12k€36k
Trade debts44€5k€12k
Suppliers440/4€5k€12k
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48€2k€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k
Other operating charges640/8€395€316
Gross operating margin9900€67k€87k
Operating profit (loss)9901€51k€68k
Financial income75/76B€142€73k
Recurring financial income75€142€73k
Financial charges65/66B€1k€952
Recurring financial charges65€1k€952
Profit (loss) for the period before taxes9903€50k€140k
Income taxes67/77€19k€44k
Profit (loss) for the period9904€31k€96k
Profit (loss) for the period to be appropriated9905€31k€96k
Appropriation of the result
Profit (loss) to be appropriated9906€31k€96k
Transfer from equity791/2€16k€15k
Transfer to equity691/2€29k€94k
To other reserves6921€29k€94k
Profit to be distributed694/7€18k€16k
Return on contributions (dividend)694€18k€16k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €96k ▲213%
Operating result €68k, net result €96k, both a record.
31-12
Financial Equity above €150kEq €197k ▲67.9%
8 profitable years in a row build equity to €197k.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100kEq €104k ▲22.6%
6 profitable years in a row build equity to €104k.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 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, Herentals · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Morkhovenseweg(NDW) 702200 Herentals
Ground area
1,972 m²
Building footprint
292 m²
Volume, LiDAR
790 m³
Parcel 13027D0074/00A002, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NGK
Morkhovenseweg(NDW) 70, 2200 HerentalsActivities of head offices; management consultancy activities
since 20122.214.900.869
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13027D0074/00A002 Flanders 1,972 m² 1 · 292 m² 5.3 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.

Similar companies · same sector, comparable size

Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 5,253 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-12-2012
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.