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NGYN

Active
Private limited companyfounded 2024active for 2 yearsGrote Baan 43, 1650 Beersel, BelgiumKBO/BCE: BE 1013.366.423

Financials · financial year 2024, abbreviated format

2024 annual accounts filed 26 days after the deadline Filed on 26 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00460351.

Annual accounts 2024 filed on 26-08-2025 at the NBB

Turnover
≈ €35,000
Estimated: probably between €16,000 and €97,000
Total assets
€6,036
Net result
€3,614
Working capital
€3,615

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €6,036
Equity €3,615
Debt €2,420
Debt's share of the balance-sheet total is 40.1%.
Key figures and ratios
2024 value
Current ratio
2.49
Debt to equity
0.67
ROE
100.0%
ROA
59.9%
Debt ≤ 1 year
€2,420
Income taxes
€1,205

Comparable companies

These companies have the same main activity as NGYN: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €4,740 and €8,460, founded between 2023 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
NGYN Beersel2024€6,036€3,615€5,320€3,6142024
M2B GROUP Vilvoorde2024€7,495€4,125€5,046€4,0252024
PONTOVIO Duffel2025€7,051€4,983€5,881€3,9832025
Pixion Antwerpen2024€4,745€1,951€5,061€3,5172025
HL SOFTWARE Sprimont2024€5,154€4,123€4,567€3,7662025
AYM Media Herstal2023€5,207-€2,086€5,409€3,4262025
Adalace Wevelgem2024€8,459€8,232€5,316€3,2322025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as NGYN has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

That fits the bankruptcy probability of NGYN itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for NGYN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 23 lines

Source: Annual accounts 2024 at the NBB, filed on 26-08-2025.

Balance sheet Code2024
Assets
Total assets20/58€6,036
Current assets29/58€6,036
Cash at bank and in hand54/58€6,036
Equity and liabilities
Total equity and liabilities10/49€6,036
Equity10/15€3,615
Contributions10/11€1
Capital10€1
Issued capital100€1
Profit (loss) carried forward14€3,614
Amounts payable17/49€2,420
Amounts payable within one year42/48€2,420
Taxes, remuneration and social security45€2,420
Taxes450/3€2,420
Income statement Code2024
Other operating charges640/8€493
Gross operating margin9900€5,320
Operating profit (loss)9901€4,827
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€4,819
Income taxes67/77€1,205
Profit (loss) for the period9904€3,614
Profit (loss) for the period to be appropriated9905€3,614
Appropriation of the result
Profit (loss) to be appropriated9906€3,614
Line2024
Other operating charges640/8€493
Gross operating margin9900€5,320
Operating profit (loss)9901€4,827
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€4,819
Income taxes67/77€1,205
Profit (loss) for the period9904€3,614
Profit (loss) for the period to be appropriated9905€3,614
Line2024
Assets
Total assets20/58€6,036
Current assets29/58€6,036
Cash at bank and in hand54/58€6,036
Equity and liabilities
Total equity and liabilities10/49€6,036
Equity10/15€3,615
Contributions10/11€1
Capital10€1
Issued capital100€1
Profit (loss) carried forward14€3,614
Amounts payable17/49€2,420
Amounts payable within one year42/48€2,420
Taxes, remuneration and social security45€2,420
Taxes450/3€2,420
Line2024
Profit (loss) for the period9904€3,614
Operating cash flow (approximation)€3,614

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 abbreviated format 26-08-2025 2025-00460351 NBB

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