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ND

Active
Private limited companyfounded 2024active for 2 yearsDorpsplaats 6, 2390 Malle, BelgiumKBO/BCE: BE 1007.439.327
Summary

The computed 12-month bankruptcy probability of ND is 9.1% (elevated). The 2025 annual accounts show negative equity (-€15,268) and a net result of -€35,268. Its solvency ranks better than 16% of 4,666 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€4,937turnover 2025
Equity
-€15,268
Loss
-€35,268
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.1%
Structure
Accounts filed 6 days late4 of 5 deeds read
Why 33raises risk2 changes of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)Founded in 2024lowers riskLiquidity: current ratio 2.98, cash €34,395Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 41% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency 7
equity -18.0% of total assets
Liquidity 97
short-term debt 15.6% · cash 40.7%
Profitability 0
return on assets -41.7%
Bankruptcy probability, 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,741 companies, NACE 56, micro)
Last 24 months 04-2025: 3.9%lowest value 05-2025: 3.9%● unchanged vs 04-2025lowest value 06-2025: 4.1%▲ +0.2 percentage points vs 05-2025 07-2025: 4.4%▲ +0.3 percentage points vs 06-2025 08-2025: 4.6%▲ +0.2 percentage points vs 07-2025 09-2025: 4.9%▲ +0.3 percentage points vs 08-2025 10-2025: 4.9%● unchanged vs 09-2025 11-2025: 5.3%▲ +0.4 percentage points vs 10-2025 12-2025: 5.2%▼ -0.1 percentage points vs 11-2025 01-2026: 8.1%▲ +2.9 percentage points vs 12-2025 02-2026: 8.6%▲ +0.5 percentage points vs 01-2026 03-2026: 8.6%● unchanged vs 02-2026 04-2026: 8.6%● unchanged vs 03-2026 05-2026: 12.9%▲ +4.3 percentage points vs 04-2026highest value 06-2026: 12.9%● unchanged vs 05-2026highest value 07-2026: 12.9%● unchanged vs 06-2026highest value 08-2026: 12.9%● unchanged vs 07-2026highest value 09-2026: 9.1%▼ -3.8 percentage points vs 08-2026 10-2026: 9.1%● unchanged vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.98, above the usual 1.5; short-term debt: 15.6% and cash: 40.7% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 20% on solvency, 96% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.98, cash €34,395
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
6 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Registered office · Purpose · NameName change · Registered-office move…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€15,268 View
  • Caution: Among the weakest 12% on net resultsector median €10,450 · 4,661 companies -€35,268 View
  • Turnover 2025first financial year filed €4,937 View

By topic

Financials

Financial year
2025
Turnover
€4,937
Loss
-€35,268
Solvency
-18.0%
Go to Financials

Timeline

Events
6
Since
2024
  1. 31-12-2025Registered office
  2. 17-04-2025Appointment: Dries De Vry (director)
  3. 08-08-2024Resignation: Tom Coertjens (niet statutairebestuurder)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
22-03-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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