NGN
The computed 12-month bankruptcy probability of NGN is 5.4% (elevated). The 2024 annual accounts show equity of €98k and a net result of €3k. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 5583 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €98k |
| Net result | €3k |
| Staff (FTE) | 8.2 |
| Better than sector | 81% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.7% | 19.3% | |
| Net result | €3k | €4k | |
| Equity | €98k | €14k | |
| Gross operating margin | €168k | €52k | |
| Staff costs | €123k | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €697k |
| EBITDA | €26k |
| Net profit | €3k |
| Cash flow | €15k |
| Staff costs | €123k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €179k |
| Equity | €98k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €49k |
| Employees (FTE) | 8.2 |
| 2024 | |
|---|---|
| Current ratio | 1.60 |
| Quick ratio | 1.48 |
| Working capital ratio | 27.2% |
| Solvency | 54.7% |
| Debt / equity | 0.83 |
| Long-term debt ratio | - |
| Interest coverage | 3.80 |
| Gross margin | 21.8% |
| Net margin | 0.4% |
| ROA | 1.7% |
| ROE | 3.2% |
| EBITDA margin | 3.8% |
| Days sales outstanding | 2d |
| Days payable outstanding | 11d |
| Inventory turnover | 54.48 |
| Days inventory (DSI) | 7d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €179k |
| Fixed assets | 21/28 | €49k |
| Tangible fixed assets | 22/27 | €27k |
| Financial fixed assets | 28 | €22k |
| Current assets | 29/58 | €130k |
| Stocks & contracts in progress | 3 | €10k |
| Amounts receivable within one year | 40/41 | €87k |
| Cash & bank | 54/58 | €33k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €179k |
| Equity | 10/15 | €98k |
| Contributions / capital | 10/11 | €500 |
| Accumulated profits (losses) | 14 | €98k |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Turnover | 70 | €697k |
| Gross operating margin | 9900 | €168k |
| Operating result | 9901 | €14k |
| Financial income | 75 | €37 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €7k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2021 |
| Status | Active |
| Postal code | 2000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1418/00A000 | Flanders | 84 m² | 1 · 102 m² | 20.4 m · 5 fl. |
| 11002A1419/00A000 | Flanders | 57 m² | 1 · 55 m² | 17.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | NGN |