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Private limited companyfounded 201610 yrs activeBaron Albert d'Huartlaan 229, 1950 Kraainem, BelgiumKBO/BCE: BE 0656.611.905
Summary

NITAC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €145,259 and a net result of €87,809. Equity is growing by ~62.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 2817 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
9 d early
2022
42 d early
2021
53 d early
2020
46 d early
2019
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
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

History

NITAC was incorporated on 13 June 2016.1 Total assets fell from EUR 589,051 in 2018 to EUR 361,274 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Equity
€145,259▲ 153%
2023 · €57,450
Net result
€87,809▲ 38.2%
2023 · €63,534
Total assets
€361,274▲ 1.5%
2023 · €356,059
Solvency
40.2%▲ 24.1pp
2023 · 16.1%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€78,397▼ 18.1%€78,397=€0
Operating result€55,379▲ 59.1%€52,046▼ 6.0%€37,276▼ 28.4%€34,664▼ 7.0%€39,000▲ 12.5%
Net result€63,329within the sector's middle half€41,226within the sector's middle half▼ 34.9%€25,499within the sector's middle half▼ 38.1%€63,534within the sector's middle half▲ 149%€87,809within the sector's middle half▲ 38.2%
Equity-€72,810below the sector's middle half▲ 46.5%-€31,583below the sector's middle half▲ 56.6%-€6,084below the sector's middle half▲ 80.7%€57,450below the sector's middle half€145,259below the sector's middle half▲ 153%
Total assets€348,652below the sector's middle half▼ 0.5%€351,745below the sector's middle half▲ 0.9%€362,837below the sector's middle half▲ 3.2%€356,059below the sector's middle half▼ 1.9%€361,274below the sector's middle half▲ 1.5%
Debt€421,462▼ 13.4%€383,328▼ 9.0%€368,921▼ 3.8%€298,609▼ 19.1%€216,016▼ 27.7%
Working capital-€337,876within the sector's middle half▼ 18.1%-€315,501within the sector's middle half▲ 6.6%-€309,243within the sector's middle half▲ 2.0%-€265,349within the sector's middle half▲ 14.2%-€196,006within the sector's middle half▲ 26.1%
Solvency-20.9%below the sector's middle half▲ 18.0pp-9.0%below the sector's middle half▲ 11.9pp-1.7%below the sector's middle half▲ 7.3pp16.1%below the sector's middle half▲ 17.8pp40.2%within the sector's middle half▲ 24.1pp
Current ratio0.01below the sector's middle half▼ 0.020.03below the sector's middle half▲ 0.010.06below the sector's middle half▲ 0.040.05below the sector's middle half▼ 0.010.09below the sector's middle half▲ 0.04
Return on assets (ROA)18.2%above the sector's middle half▲ 77.0pp11.7%above the sector's middle half▼ 6.4pp7.0%within the sector's middle half▼ 4.7pp17.8%above the sector's middle half▲ 10.8pp24.3%above the sector's middle half▲ 6.5pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2020: €55,379€55,379Net result 2020: €63,329€63,329Operating result 2021: €52,046€52,046Net result 2021: €41,226€41,226Operating result 2022: €37,276€37,276Net result 2022: €25,499€25,499Operating result 2023: €34,664€34,664Net result 2023: €63,534€63,534Operating result 2024: €39,000€39,000Net result 2024: €87,809€87,80920202021202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €37,276€37,300Net result 2022: €25,499€25,500Operating result 2023: €34,664€34,700Net result 2023: €63,534€63,500Operating result 2024: €39,000€39,000Net result 2024: €87,809€87,800202220232024
The operating result recovers in 2024; 2024 is 13% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €361,274
Fixed assets €341,264 ▼ 0.2%
Current assets €20,010 ▲ 41.0%
Equity and liabilities €361,274
Equity €145,259 ▲ 153%
Debt €216,016 ▼ 27.7%
Debt's share of the balance-sheet total falls from 83.9% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
60.5%▼
2023 · 110.6%
Debt ≤ 1 year
€216,016▼
2023 · €279,537
Debt > 1 year
€0▼
2023 · €19,072
Income taxes
€10,274▲
2023 · €9,734
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€356,059€361,274▲
Fixed assets21/28€341,871€341,264▼
Tangible fixed assets22/27€1,197€590▼
Furniture and vehicles24€1,197€590▼
Financial fixed assets28€340,674€340,674=
Current assets29/58€14,188€20,010▲
Amounts receivable within one year40/41€266€0▼
Trade receivables40€0€0=
Other amounts receivable41€266€0▼
Cash at bank and in hand54/58€13,621€19,710▲
Deferred charges and accrued income490/1€300€300=
Equity and liabilities
Total equity and liabilities10/49€356,059€361,274▲
Equity10/15€57,450€145,259▲
Contributions10/11€6,200€6,200=
Reserves13€63,706€139,059▲
Distributable reserves133€63,706€139,059▲
Profit (loss) carried forward14-€12,456€0▲
Amounts payable17/49€298,609€216,016▼
Amounts payable after more than one year17€19,072€0▼
Financial debts170/4€19,072€0▼
Amounts payable within one year42/48€279,537€216,016▼
Current portion of amounts payable after more than one year42€20,246€20,652▲
Financial debts43€2,083€7,643▲
Credit institutions430/8€2,083€7,643▲
Trade debts44€233€5,134▲
Suppliers440/4€233€5,134▲
Taxes, remuneration and social security45€3,096€1,483▼
Taxes450/3€3,096€1,483▼
Other amounts payable47/48€253,878€181,103▼
Income statement Code20232024
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€607€607=
Gross operating margin9900€35,271€39,606▲
Operating profit (loss)9901€34,664€39,000▲
Financial income75/76B€40,000€60,000▲
Recurring financial income75€40,000€60,000▲
Financial charges65/66B€1,397€916▼
Recurring financial charges65€1,397€916▼
Profit (loss) for the period before taxes9903€73,267€98,083▲
Income taxes67/77€9,734€10,274▲
Profit (loss) for the period9904€63,534€87,809▲
Profit (loss) for the period to be appropriated9905€63,534€87,809▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,456€75,353▲
Profit (loss) brought forward from the previous period14P-€75,990-€12,456▲
Transfer to equity691/2-€75,353
To other reserves6921-€75,353

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€78,397€78,397-€0--
Goods, raw materials, services and sundry goods60/61-€22,244-€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17€607€607€607€607=
Other operating charges640/8-€3,500----
Gross operating margin9900€55,396€56,153€37,883€35,271€39,606▲ 12.3%
Operating profit (loss)9901€55,379€52,046€37,276€34,664€39,000▲ 12.5%
Financial income75/76B---€40,000€60,000▲ 50.0%
Recurring financial income75€13,000--€40,000€60,000▲ 50.0%
Financial charges65/66B-€2,428€1,845€1,397€916▼ 34.4%
Recurring financial charges65€5,050€2,428€1,845€1,397€916▼ 34.4%
Profit (loss) for the period before taxes9903€63,329€49,618€35,431€73,267€98,083▲ 33.9%
Income taxes67/77-€8,391€9,932€9,734€10,274▲ 5.6%
Profit (loss) for the period9904€63,329€41,226€25,499€63,534€87,809▲ 38.2%
Profit (loss) for the period to be appropriated9905€63,329€41,226€25,499€63,534€87,809▲ 38.2%
Line20202021202220232024Change
Assets
Total assets20/58€348,652€351,745€362,837€356,059€361,274▲ 1.5%
Fixed assets21/28€343,691€343,084€342,478€341,871€341,264▼ 0.2%
Tangible fixed assets22/27€3,016€2,410€1,803€1,197€590▼ 50.7%
Furniture and vehicles24-€2,410€1,803€1,197€590▼ 50.7%
Financial fixed assets28€340,674€340,674€340,674€340,674€340,674=
Current assets29/58€4,961€8,661€20,360€14,188€20,010▲ 41.0%
Amounts receivable within one year40/41€33€0€5,000€266€0▼ 100%
Trade receivables40-€0€0€0€0-
Other amounts receivable41-€0€5,000€266€0▼ 100%
Cash at bank and in hand54/58€4,928€8,361€15,060€13,621€19,710▲ 44.7%
Deferred charges and accrued income490/1-€300€300€300€300=
Equity and liabilities
Total equity and liabilities10/49€348,652€351,745€362,837€356,059€361,274▲ 1.5%
Equity10/15-€72,810-€31,583-€6,084€57,450€145,259▲ 153%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€63,706€63,706€63,706€63,706€139,059▲ 118%
Non-distributable reserves130/1-€0----
Reserves not available under the articles1311-€0----
Distributable reserves133-€63,706€63,706€63,706€139,059▲ 118%
Profit (loss) carried forward14-€142,716-€101,489-€75,990-€12,456€0▲ 100%
Amounts payable17/49€421,462€383,328€368,921€298,609€216,016▼ 27.7%
Amounts payable after more than one year17€78,625€59,167€39,318€19,072€0▼ 100%
Financial debts170/4-€59,167€39,318€19,072€0▼ 100%
Amounts payable within one year42/48€342,837€324,161€329,603€279,537€216,016▼ 22.7%
Current portion of amounts payable after more than one year42-€19,458€19,848€20,246€20,652▲ 2.0%
Financial debts43--€5,464€2,083€7,643▲ 267%
Credit institutions430/8--€5,464€2,083€7,643▲ 267%
Trade debts44€0€0€0€233€5,134▲ 2,100%
Suppliers440/4-€0€0€233€5,134▲ 2,100%
Taxes, remuneration and social security45-€2,100€4,003€3,096€1,483▼ 52.1%
Taxes450/3-€2,100€4,003€3,096€1,483▼ 52.1%
Other amounts payable47/48-€302,604€300,287€253,878€181,103▼ 28.7%
Line20202021202220232024Change
Profit (loss) for the period9904€63,329€41,226€25,499€63,534€87,809▲ 38.2%
+ Depreciation and write-downs630€17€607€607€607€607=
Operating cash flow (approximation)€63,346€41,833€26,106€64,140€88,416▲ 37.8%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€3,432€6,699-€1,438€6,089▲ 523%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
14-07
State Gazette act General meeting · Correction
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €87,809 ▲38.2%
Net result €87,809, the highest in the series.
31-12
Financial Equity above €100,000Eq €145,259 ▲153%
5 profitable years in a row build equity to €145,259.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €63,329
Net result €63,329 after one loss-making year.
10-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet -€206,045
Net result drops to -€206,045, the lowest in the series; recovery starts the following year.
16-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Kraainem · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
312 m²
Building footprint
408 m²
Volume, LiDAR
3,078 m³
Parcel 22002C0043/00Z025, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
NITAC
Baron Albert d'Huartlaan 229, 1950 KraainemHoldings
since 20162.303.280.539
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0043/00Z025 Flanders 312 m² 1 · 408 m² 12.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of NITAC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
Contact
E-mail relstinsprl@gmail.comKraainem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0656611905
Also 9925:BE0656611905
Registered 25-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.