Summary
NGLG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.8m and a net result of €37,161. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 5651 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activities of holding companies
NACE 64210Holdings NACE 64200
1 site
How big
€3.1mtotal assets 2025
- Equity
- €2.8m
- Profit
- €37,161
Turnover not published (abridged schema)
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
Accounts 24 d early0 of 2 deeds read
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 07-05-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
24 d early
2023
1 d early
2022
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. Usually files around 9 May (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-10-2026 close31-05-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet €37,161 ▼19%
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Total assets €3.1mProfit €37,161Solvency 91.9%Liquidity 2.56
Total assets
€3.1m▲ 5.6%
2022 - 2025
Net result
€37,161▼ 19.0%
2022 - 2025
Equity
€2.8m▲ 1.3%
2022 - 2025
Solvency
91.9%▼ 3.9pp
2022 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€0.6m-€0.08m▼ 86.9%€0.06m▼ 28.6%€0.06m▼ 8.6%
Net result€0.4mabove the sector's middle half-€0.06mwithin the sector's middle half▼ 86.8%€0.05mwithin the sector's middle half▼ 21.3%€0.04mwithin the sector's middle half▼ 19.0%
Equity€2.6mabove the sector's middle half-€2.6mabove the sector's middle half▲ 2.3%€2.8mabove the sector's middle half▲ 5.9%€2.8mabove the sector's middle half▲ 1.3%
Total assets€2.8mwithin the sector's middle half-€2.7mwithin the sector's middle half▼ 4.0%€2.9mwithin the sector's middle half▲ 6.8%€3.1mwithin the sector's middle half▲ 5.6%
Debt€0.3m-€0.09m▼ 65.0%€0.1m▲ 31.4%€0.2m▲ 104%
Working capital€0.4mabove the sector's middle half-€0.4mabove the sector's middle half▲ 0.2%€0.4mabove the sector's middle half▲ 13.7%€0.4mabove the sector's middle half▼ 7.0%
Solvency90.7%above the sector's middle half-96.6%above the sector's middle half▲ 5.9pp95.8%above the sector's middle half▼ 0.8pp91.9%above the sector's middle half▼ 3.9pp
Current ratio2.34within the sector's middle half-4.97above the sector's middle half▲ 2.634.50above the sector's middle half▼ 0.472.56within the sector's middle half▼ 1.95
Return on assets (ROA)15.6%above the sector's middle half-2.1%within the sector's middle half▼ 13.5pp1.6%within the sector's middle half▼ 0.6pp1.2%within the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€2.5m ▲ 2.8%
Current assets
€613,314 ▲ 18.8%
Equity and liabilities €3.1m
Equity
€2.8m ▲ 1.3%
Debt
€248,427 ▲ 104%
Debt's share of the balance-sheet total rises from 4.2% to 8.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
ROE
1.3%▼
2024 · 1.6%
Debt ≤ 1 year
€239,939▲
2024 · €114,634
Income taxes
€14,718▼
2024 · €17,419
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €284,450 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,228 | €31,601 | €36,132 | €38,853 | ▲ 7.5% |
| Other operating charges640/8 | €3,890 | €2,057 | €2,161 | €3,164 | ▲ 46.4% |
| Gross operating margin9900 | €687,022 | €118,319 | €98,762 | €97,255 | ▼ 1.5% |
| Operating profit (loss)9901 | €644,904 | €84,662 | €60,468 | €55,238 | ▼ 8.6% |
| Financial income75/76B | €0 | €10 | €9,813 | €5,129 | ▼ 47.7% |
| Recurring financial income75 | €0 | €10 | €9,813 | €5,129 | ▼ 47.7% |
| Financial charges65/66B | €2,648 | €3,981 | €6,995 | €8,489 | ▲ 21.4% |
| Recurring financial charges65 | €2,648 | €3,981 | €6,995 | €8,489 | ▲ 21.4% |
| Profit (loss) for the period before taxes9903 | €642,257 | €80,691 | €63,287 | €51,879 | ▼ 18.0% |
| Income taxes67/77 | €199,296 | €22,394 | €17,419 | €14,718 | ▼ 15.5% |
| Profit (loss) for the period9904 | €442,961 | €58,297 | €45,868 | €37,161 | ▼ 19.0% |
| Profit (loss) for the period to be appropriated9905 | €442,961 | €58,297 | €45,868 | €37,161 | ▼ 19.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.8m | €2.7m | €2.9m | €3.1m | ▲ 5.6% |
| Fixed assets21/28 | €2.2m | €2.3m | €2.4m | €2.5m | ▲ 2.8% |
| Tangible fixed assets22/27 | €2.2m | €2.3m | €2.4m | €2.5m | ▲ 2.8% |
| Land and buildings22 | €2.1m | €2.1m | €2.4m | €2.5m | ▲ 2.8% |
| Assets under construction and advance payments27 | €0.1m | €0.2m | - | - | - |
| Current assets29/58 | €0.6m | €0.4m | €0.5m | €0.6m | ▲ 18.8% |
| Amounts receivable within one year40/41 | €0.2m | €0.06m | €0.1m | €0.2m | ▲ 78.5% |
| Trade receivables40 | €0.003m | €0.001m | €0.001m | €0.06m | ▲ 5,986% |
| Other amounts receivable41 | €0.2m | €0.06m | €0.1m | €0.2m | ▲ 28.6% |
| Current investments50/53 | - | €0.3m | €0.3m | €0.3m | = |
| Cash at bank and in hand54/58 | €0.4m | €0.09m | €0.09m | €0.09m | ▼ 1.3% |
| Deferred charges and accrued income490/1 | €275 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.8m | €2.7m | €2.9m | €3.1m | ▲ 5.6% |
| Equity10/15 | €2.6m | €2.6m | €2.8m | €2.8m | ▲ 1.3% |
| Contributions10/11 | €2.1m | €2.1m | €2.2m | €2.2m | = |
| Reserves13 | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 6.8% |
| Distributable reserves133 | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 6.8% |
| Amounts payable17/49 | €0.3m | €0.09m | €0.1m | €0.2m | ▲ 104% |
| Amounts payable within one year42/48 | €0.3m | €0.09m | €0.1m | €0.2m | ▲ 109% |
| Financial debts43 | €0.04m | - | - | - | - |
| Credit institutions430/8 | €0.04m | - | - | - | - |
| Trade debts44 | €0.1m | - | - | €0.1m | - |
| Suppliers440/4 | €0.1m | - | - | €0.1m | - |
| Taxes, remuneration and social security45 | €0.05m | €0.01m | €0.007m | €0.005m | ▼ 29.7% |
| Taxes450/3 | €0.05m | €0.01m | €0.007m | €0.005m | ▼ 29.7% |
| Other amounts payable47/48 | €0.06m | €0.08m | €0.1m | €0.1m | ▲ 18.7% |
| Accrued charges and deferred income492/3 | €0.002m | €0.004m | €0.007m | €0.008m | ▲ 21.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €442,961 | €58,297 | €45,868 | €37,161 | ▼ 19.0% |
| + Depreciation and write-downs630 | €38,228 | €31,601 | €36,132 | €38,853 | ▲ 7.5% |
| Operating cash flow (approximation) | €481,189 | €89,898 | €82,000 | €76,013 | ▼ 7.3% |
| Investment in fixed assets (approximation) | - | -€90,568 | -€146,914 | -€105,577 | ▲ 28.1% |
| Change in cash | - | -€328,231 | €4,705 | -€1,174 | ▼ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 24,727 companies in this sector we hold annual accounts for 19,807. 9,884 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
6 eventsLatest 07-05-2026Next filing 31-05-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Weakest financial yearnet €37,161 ▼19%
Net result drops to €37,161, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-10
Financial
Liquidity doublescurrent ratio 4.97
Current ratio from 2.34 to 4.97; short-term debt falls from €261,929 to €88,866.
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 25-11-2020Year ends 31-10Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded25-11-2020
Fiscal year end31-10
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758758942
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2020
Ground area
1,333 m²
Building footprint
262 m²
Volume, LiDAR
1,323 m³
Parcel 36017D0841/00B000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
NGLG
since 2020unit no. 2.310.526.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017D0841/00B000 | Flanders | 1,333 m² | 1 · 262 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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