NM & CO
ActiveSummary
The computed 12-month bankruptcy probability of NM & CO is 3.6% (moderate). The 2024 annual accounts show equity of €158,011 and a net result of €114,398. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 1307 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+2
Solvency79▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 0.71 in 2023; short-term debt: 45.6% and cash: 16.6% of total assets), and 45.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
2021222324
2020 to 2024 · latest year €158,011
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
25 d late
2022
27 d late
2021
18 d late
2020
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€158,011▲ 262%
2023 · €43,613
Total assets
€290,366▲ 253%
2023 · €82,165
Net result
€114,398▲ 499%
2023 · €19,109
Working capital
€56,838
2023 · -€9,321
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
Operating result-€2,860-€20,830€7,995▼ 61.6%€24,918▲ 212%€113,912▲ 357%
Net result-€3,356below the sector's middle half-€18,964within the sector's middle half€5,895within the sector's middle half▼ 68.9%€19,109within the sector's middle half▲ 224%€114,398above the sector's middle half▲ 499%
Equity-€356below the sector's middle half-€18,608within the sector's middle half€24,503within the sector's middle half▲ 31.7%€43,613within the sector's middle half▲ 78.0%€158,011within the sector's middle half▲ 262%
Total assets€12,208below the sector's middle half-€36,268below the sector's middle half▲ 197%€59,245below the sector's middle half▲ 63.4%€82,165within the sector's middle half▲ 38.7%€290,366within the sector's middle half▲ 253%
Debt€12,563-€17,660▲ 40.6%€34,742▲ 96.7%€38,553▲ 11.0%€132,356▲ 243%
Working capital-€3,914-€14,953€14,415▼ 3.6%-€9,321€56,838
Solvency-2.9%below the sector's middle half-51.3%within the sector's middle half▲ 54.2pp41.4%within the sector's middle half▼ 9.9pp53.1%within the sector's middle half▲ 11.7pp54.4%within the sector's middle half▲ 1.3pp
Staff (FTE)0.6below the sector's middle half-2.5▲ 317%2.8▲ 12.0%3.6▲ 28.6%6▲ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 357% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290,366
Fixed assets
€101,172 ▲ 71.5%
Current assets
€189,194 ▲ 717%
Equity and liabilities €290,366
Equity
€158,011 ▲ 262%
Debt
€132,356 ▲ 243%
Debt's share of the balance-sheet total falls from 46.9% to 45.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135,528▲
2023 · €36,072
Cash flow
€136,014▲
2023 · €30,264
Current ratio
1.43▲
2023 · 0.71
Debt to equity
0.84▼
2023 · 0.88
ROE
72.4%▲
2023 · 43.8%
ROA
39.4%▲
2023 · 23.3%
Interest coverage
156.96▲
2023 · 39.84
Debt ≤ 1 year
€132,356▲
2023 · €32,482
Income taxes
€343▼
2023 · €4,903
Staff costs
€220,483▲
2023 · €145,045
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €27,237 | €41,553 | €21,867 | - | - |
| Remuneration, social security and pensions62 | - | €76,061 | €95,722 | €145,045 | €220,483 | ▲ 52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,202 | €3,417 | €4,265 | €11,155 | €21,616 | ▲ 93.8% |
| Other operating charges640/8 | - | - | €348 | €100 | €7,025 | ▲ 6,925% |
| Gross operating margin9900 | €15,597 | €100,308 | €108,330 | €181,217 | €363,036 | ▲ 100% |
| Operating profit (loss)9901 | -€2,860 | €20,830 | €7,995 | €24,918 | €113,912 | ▲ 357% |
| Financial income75/76B | - | - | - | - | €1,693 | - |
| Recurring financial income75 | - | - | - | - | €1,693 | - |
| Financial charges65/66B | - | €339 | €450 | €906 | €863 | ▼ 4.6% |
| Recurring financial charges65 | €496 | €339 | €450 | €906 | €863 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | -€3,356 | €20,491 | €7,545 | €24,012 | €114,741 | ▲ 378% |
| Income taxes67/77 | - | €1,527 | €1,651 | €4,903 | €343 | ▼ 93.0% |
| Profit (loss) for the period9904 | -€3,356 | €18,964 | €5,895 | €19,109 | €114,398 | ▲ 499% |
| Profit (loss) for the period to be appropriated9905 | -€3,356 | €18,964 | €5,895 | €19,109 | €114,398 | ▲ 499% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,208 | €36,268 | €59,245 | €82,165 | €290,366 | ▲ 253% |
| Fixed assets21/28 | €7,370 | €3,953 | €22,509 | €59,004 | €101,172 | ▲ 71.5% |
| Tangible fixed assets22/27 | €7,048 | €3,631 | €19,688 | €56,182 | €98,351 | ▲ 75.1% |
| Furniture and vehicles24 | - | €3,631 | €19,688 | €56,182 | €98,351 | ▲ 75.1% |
| Financial fixed assets28 | €321 | €321 | €2,821 | €2,821 | €2,821 | = |
| Current assets29/58 | €4,838 | €32,315 | €36,736 | €23,162 | €189,194 | ▲ 717% |
| Amounts receivable within one year40/41 | €2,704 | €6,892 | €24,658 | €18,617 | €139,285 | ▲ 648% |
| Trade receivables40 | - | €6,892 | €20,865 | €18,538 | €87,492 | ▲ 372% |
| Other amounts receivable41 | - | - | €3,793 | €78 | €51,793 | ▲ 65,929% |
| Cash at bank and in hand54/58 | €2,134 | €25,423 | €12,078 | €4,545 | €48,117 | ▲ 959% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,792 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,208 | €36,268 | €59,245 | €82,165 | €290,366 | ▲ 253% |
| Equity10/15 | -€356 | €18,608 | €24,503 | €43,613 | €158,011 | ▲ 262% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€3,356 | €15,608 | €21,503 | €40,613 | €155,011 | ▲ 282% |
| Amounts payable17/49 | €12,563 | €17,660 | €34,742 | €38,553 | €132,356 | ▲ 243% |
| Amounts payable after more than one year17 | €3,812 | €298 | €12,421 | €6,070 | - | - |
| Financial debts170/4 | - | €298 | €12,421 | €6,070 | - | - |
| Amounts payable within one year42/48 | €8,752 | €17,362 | €22,320 | €32,482 | €132,356 | ▲ 307% |
| Current portion of amounts payable after more than one year42 | - | €3,514 | €6,380 | €6,351 | €6,070 | ▼ 4.4% |
| Trade debts44 | €3,783 | €2,539 | €3,387 | €1,053 | €25,533 | ▲ 2,325% |
| Suppliers440/4 | - | €2,539 | €3,387 | €1,053 | €25,533 | ▲ 2,325% |
| Taxes, remuneration and social security45 | - | €11,309 | €12,553 | €25,078 | €50,752 | ▲ 102% |
| Taxes450/3 | - | €2,716 | €4,347 | €9,243 | €12,194 | ▲ 31.9% |
| Remuneration and social security454/9 | - | €8,593 | €8,206 | €15,835 | €38,558 | ▲ 144% |
| Other amounts payable47/48 | - | - | - | - | €50,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,356 | €18,964 | €5,895 | €19,109 | €114,398 | ▲ 499% |
| + Depreciation and write-downs630 | €3,202 | €3,417 | €4,265 | €11,155 | €21,616 | ▲ 93.8% |
| Operating cash flow (approximation) | -€154 | €22,381 | €10,160 | €30,264 | €136,014 | ▲ 349% |
| Investment in fixed assets (approximation) | - | €0 | -€22,821 | -€47,649 | -€63,785 | ▼ 33.9% |
| Change in cash | - | €23,289 | -€13,345 | -€7,533 | €43,572 | ▲ 678% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2020net €114,398 ▲499%
Operating result €113,912, net result €114,398, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.43
Current ratio from 0.71 to 1.43.
31-12
Financial
Equity above €150,000Eq €158,011 ▲262%
4 profitable years in a row build equity to €158,011.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Back to profitnet €18,964
Net result €18,964 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.86
Current ratio from 0.55 to 1.86.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brussel · 1 establishment unit since 2020
Ground area
2.7 ha
Building footprint
2.8 ha
Volume, LiDAR
450,162 m³
Parcel 21814P0405/00X002, Brussels · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NM & CO
since 20202.297.445.988
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0405/00X002 | Brussels | 2.7 ha | 1 · 2.8 ha | 28.5 m · 6 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.
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Of 1,725 companies in sector 52210 we hold annual accounts for 774. 566 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
Founded10-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
52210Service activities incidental to land transportation
49310Scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738939862
Also
9925:BE0738939862
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.