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NGroup

Active
General partnershipfounded 201016 yrs activeLeuvensesteenweg 775/1, 1140 Evere, BelgiumKBO/BCE: BE 0827.580.838

NGroup has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €560k and a net result of €0. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 40% of 708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69=
Solvency56▲+1
Growth55=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.16 in 2024; short-term debt: 35.3% and cash: 1.9% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
31.2%
Return on assets
0%
Age of the figures
9 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 16 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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 d early
2024
72 d early
2023
69 d early
2022
70 d early
2021
53 d early
2020
64 d early
2019
67 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
16-09-2026 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€0
2024 · €0
2022: €0 2023: €0 2024: €0
2022 → 2025
Working capital
€73k▼ 34.5%
2024 · €111k
2019: €-233k 2020: €-134k 2021: €86k 2022: €116k 2023: €163k 2024: €111k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€560k€560k=€560k=
Operating result€9k-€11k▲ 19.8%€-2k€262€305▲ 16.3%
Net result€0€0€0€0
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €9k€9kOperating result 2022: €11k€11kNet result 2022: €0€0Operating result 2023: €-2k€-2kNet result 2023: €0€0Operating result 2024: €262€262Net result 2024: €0€0Operating result 2025: €305€305Net result 2025: €0€020212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets €1.09M▲ 3.4%
Current assets €705k▼ 14.8%
Equity and liabilities €1.79M
Equity €560k=
Debt €1.23M▼ 6.5%
The debt ratio falls from 70.2% to 68.8%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€344k
2024 · €328k
Cash flow
€344k
2024 · €328k
Solvency
31.2%
2024 · 29.8%
Current ratio
1.12
2024 · 1.16
Quick ratio
1.12
2024 · 1.16
Debt / equity
2.20
2024 · 2.35
ROE
0.0%=
2024 · 0.0%
ROA
0.0%=
2024 · 0.0%
Interest coverage
16.04
2024 · 9.92
Debt
€1.23M
2024 · €1.32M
Debt ≤ 1 year
€632k
2024 · €716k
Debt > 1 year
€600k=
2024 · €600k
Income taxes
€54
2024 · €66
Staff costs
€2.85M
2024 · €2.78M
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€1.88M€1.79M
Fixed assets21/28€1.05M€1.09M
Intangible fixed assets21€25k€142k
Tangible fixed assets22/27€1.02M€941k
Plant, machinery and equipment23€420k€429k
Furniture and vehicles24€95k€89k
Other tangible fixed assets26€507k€424k
Financial fixed assets28€5k€5k=
Current assets29/58€827k€705k
Amounts receivable within one year40/41€651k€498k
Trade receivables40€565k€400k
Other amounts receivable41€86k€98k
Current investments50/53€60k€61k
Cash at bank and in hand54/58€49k€35k
Deferred charges and accrued income490/1€66k€111k
Equity and liabilities
Total equity and liabilities10/49€1.88M€1.79M
Equity10/15€560k€560k=
Contributions10/11€560k€560k=
Capital10€560k€560k=
Issued capital100€560k€560k=
Amounts payable17/49€1.32M€1.23M
Amounts payable after more than one year17€600k€600k=
Financial debts170/4€600k€600k=
Amounts payable within one year42/48€716k€632k
Trade debts44€192k€139k
Suppliers440/4€192k€139k
Taxes, remuneration and social security45€524k€493k
Taxes450/3€74k€63k
Remuneration and social security454/9€449k€431k
Other amounts payable47/48€510€207
Accrued charges and deferred income492/3€2k€35
Income statement Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€2.78M€2.85M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€328k€344k
Other operating charges640/8€72k€72k
Gross operating margin9900€3.18M€3.26M
Operating profit (loss)9901€262€305
Financial income75/76B€34k€21k
Recurring financial income75€33k€21k
Non-recurring financial income76B€852-
Financial charges65/66B€34k€22k
Recurring financial charges65€33k€21k
Non-recurring financial charges66B€1k€251
Profit (loss) for the period before taxes9903€66€54
Income taxes67/77€66€54
Profit (loss) for the period9904€0€0=
Profit (loss) for the period to be appropriated9905€0€0=
Appropriation of the result
Profit (loss) to be appropriated9906€0€0=
Social balance
Average headcount (FTE)908730.029.6

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
20-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
22-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
28-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
NBB filing

Directors · office · real estate

Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-08-2022 Marc Vossen: Resigned as Managing director
28-06-2016 Quentin Gemoets: Resigned as Managing director
18-08-2014 Olaf HOPP: Resigned as Managing director
Location & real-estate footprint
Registered office, Evere · 3 establishment units since 2010
establishment All 3 establishment units 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.

Leuvensesteenweg 775/11140 Evere
Ground area
8,659 m²
Building footprint
4,914 m²
Volume, LiDAR
39,571 m³
3 parcels, Brussels, Wallonia · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Nos'Energies
Leuvensesteenweg 775/1, 1140 EvereOther business support services
since 20102.220.743.437
Nos'Energies
Route de Hannut(BU) 38, 5004 NamurOther business support services
since 20102.220.743.833
Rue de Nimy 52, 7000 Mons
Activities of head offices; management consultancy activities
since 20142.227.469.891
3 parcels
Wallonia 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21372C0025/00E002 Brussels 4,116 m² 1 · 3,161 m² 12.4 m · 2 fl.
92021C0157/00A009 Wallonia 3,933 m² 1 · 1,519 m² 16.6 m · 4 fl.
53403G0200/00K000 Wallonia 610 m² 1 · 233 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 5,691 companies in sector 70100 we hold annual accounts for 3,491. 2,150 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formGeneral partnership
Founded06-07-2010
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
90032Arts creation and performing arts activities
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.