Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Nine Engineering is 0.5% (very low). The 2025 annual accounts show equity of €936k and a net result of €-90k. Its solvency ranks better than 51% of 181 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 23-10-2025 | 8 d early | 2025-00549863 |
| 31-03-2024 | 31-10-2024 | 22-10-2024 | 9 d early | 2024-00511104 |
| 31-03-2023 | 31-10-2023 | 24-10-2023 | 7 d early | 2023-00490843 |
| 31-03-2022 | 31-10-2022 | 24-11-2022 | 24 d late | 2022-20524510 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.9% | 38.3% | |
| Net result | €-90k | €27k | |
| Equity | €936k | €103k | |
| Gross operating margin | €604k | €86k | |
| Staff costs | €416k | €350k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €187k |
| Net profit | €-90k |
| Cash flow | €149k |
| Staff costs | €416k |
| Income taxes | €296 |
| Dividends | - |
| Total assets | €2.41M |
| Equity | €936k |
| Debt | €1.47M |
| of which ≤ 1y | €515k |
| of which > 1y | €659k |
| Working capital | €578k |
| Employees (FTE) | 6.6 |
| 2025 | |
|---|---|
| Current ratio | 2.12 |
| Quick ratio | 2.12 |
| Working capital ratio | 24.0% |
| Solvency | 38.9% |
| Debt / equity | 1.57 |
| Long-term debt ratio | 0.70 |
| Interest coverage | 4.61 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.7% |
| ROE | -9.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.41M |
| Fixed assets | 21/28 | €1.32M |
| Intangible fixed assets | 21 | €1.28M |
| Tangible fixed assets | 22/27 | €23k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €1.09M |
| Amounts receivable within one year | 40/41 | €365k |
| Investments | 50/53 | €6k |
| Cash & bank | 54/58 | €705k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.41M |
| Equity | 10/15 | €936k |
| Contributions / capital | 10/11 | €1.60M |
| Reserves | 13 | €114k |
| Accumulated profits (losses) | 14 | €-781k |
| Amounts payable | 17/49 | €1.47M |
| Amounts payable after one year | 17 | €659k |
| Amounts payable within one year | 42/48 | €515k |
| Trade debts payable within one year | 44 | €297k |
| Income statement | ||
| Gross operating margin | 9900 | €604k |
| Operating result | 9901 | €-52k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €41k |
| Result before taxes | 9903 | €-90k |
| Income taxes | 67/77 | €296 |
| Net result for the period | 9904 | €-90k |
| Result to be appropriated | 9905 | €-90k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Directors
Directors & mandates
under verification-
Current28-05-2025 → present
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Current28-05-2025 → present
-
Current28-05-2025 → present
Insolvency mandates
Legal Structure
| NACE primary | Ontwerpen van computerprogramma’s(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 26-08-2020 |
| Status | Active |
| Postal code | 2018 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Regine Beerplein 12018 AntwerpenEstablishment units
1 locationPublications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
6 acts25-02-2026 Registered office moved from Gent to Antwerpen
- Stapelplein 70 bus 103, 9000 Gent → Régine Beerplein 1 bus 301, 2018 Antwerpen
18-06-2025 3 directors appointed
- KEYSERS Frederik Karel Julia, Bestuurder
- JEUNEN Roy, Bestuurder
- CHRISTIAENS Koen, Bestuurder
12-06-2023 Capital increase of €1,092,505.57
01-09-2022 Registered office moved within Gent
10-05-2022 Capital increase of €500,155
28-08-2020 Incorporation of a new BV
Analysis
Financial profile
5 of 5 axes measuredMixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | Nine Engineering |
| Trade nameNL | ID NINE |