NHDC
ActiveNHDC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €9k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+28
Solvency63▲+19
Growth80▲+33
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.74 against 1.03 in 2023; short-term debt: 62.4% and cash: 42.9% of total assets), and 62.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.6%
Return on assets
23.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
22 d late
2022
54 d early
2021
58 d early
2020
89 d late
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€199k▲ 26.3%
2023 · €158k
2018: €86k
2019: €64k
2020: €59k
2021: €87k
2022: €224k
2023: €158k
2018 → 2024
EBIT margin
7.6%▲ 6.0pp
2023 · 1.6%
2018: 10.1%
2019: 0.8%
2020: -3.0%
2021: -0.1%
2022: 1.5%
2023: 1.6%
2018 → 2024
Net result
€9k
2023 · €-22
2018: €4k
2019: €-2k
2020: €-3k
2021: €-1k
2022: €1k
2023: €-22
2018 → 2024
Working capital
€-6k
2023 · €579
2018: €9k
2019: €2k
2020: €213
2021: €-182
2022: €-6k
2023: €579
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€59k-€87k▲ 46.5%€224k▲ 159%€158k▼ 29.5%€199k▲ 26.3%
Equity€6k-€4k▼ 24.2%€5k▲ 23.7%€5k▼ 0.4%€15k▲ 172%
Operating result€-2k-€-92▲ 94.9%€3k€3k▼ 25.8%€15k▲ 488%
Net result€-3k-€-1k▲ 48.5%€1k€-22€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 488% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39k
Fixed assets
€21k▲ 148%
Current assets
€18k▼ 10.7%
Equity and liabilities €39k
Equity
€15k▲ 172%
Debt
€25k▲ 4.5%
The debt ratio falls from 81.2% to 62.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2023 · €11k
Cash flow
€21k▲
2023 · €8k
Solvency
37.6%▲
2023 · 18.8%
Current ratio
0.74▼
2023 · 1.03
Quick ratio
0.74▼
2023 · 1.03
Debt / equity
1.66▼
2023 · 4.31
ROE
63.2%▲
2023 · -0.4%
ROA
23.8%▲
2023 · -0.1%
Interest coverage
10.55▲
2023 · 6.58
Debt
€25k▲
2023 · €24k
Debt ≤ 1 year
€25k▲
2023 · €20k
Income taxes
€3k▲
2023 · €928
Staff costs
€2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€29k€39k▲
Fixed assets21/28€9k€21k▲
Tangible fixed assets22/27€9k€21k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€19k▲
Financial fixed assets28€41€41=
Current assets29/58€20k€18k▼
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€3k€1k▼
Cash at bank and in hand54/58€18k€17k▼
Equity and liabilities
Total equity and liabilities10/49€29k€39k▲
Equity10/15€5k€15k▲
Contributions10/11€6k€6k=
Reserves13€201€201=
Distributable reserves133€201€201=
Profit (loss) carried forward14€-942€8k▲
Amounts payable17/49€24k€25k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€20k€25k▲
Current portion of amounts payable after more than one year42€1k-
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€7k€11k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€5k€5k▼
Income statement
Code20232024
Turnover70€158k€199k▲
Goods, raw materials, services and sundry goods60/61€146k€167k▲
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€12k€32k▲
Operating profit (loss)9901€3k€15k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€907€13k▲
Income taxes67/77€928€3k▲
Profit (loss) for the period9904€-22€9k▲
Profit (loss) for the period to be appropriated9905€-22€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-942€8k▲
Profit (loss) brought forward from the previous period14P€-920€-942▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Thuin · 1 establishment unit since 2017
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.
Grand'Rue(THN) 936530 ThuinGround area
183 m²
Building footprint
94 m²
Volume, LiDAR
805 m³
Parcel 56078E0438/00C000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NHDC
since 20172.265.456.873
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078E0438/00C000 | Wallonia | 183 m² | 1 · 93 m² | 10.9 m · 3 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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 10,680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:contact.nhdc@gmail.com
Phone:0498/679030