NMB Projects
ActiveNMB Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €282k and a net result of €-4k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 83% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-44
Solvency100▲+17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 10.49 against 2.94 in 2023; short-term debt: 7.3% and cash: 44.5% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
77.7%
Return on assets
-1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
29 d early
2022
28 d early
2021
24 d early
2020
4 d late
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€282k▼ 1.3%
2023 · €286k
2018: €204k
2019: €201k
2020: €188k
2021: €181k
2022: €246k
2023: €286k
2018 → 2024
Total assets
€363k▼ 26.4%
2023 · €493k
2018: €308k
2019: €877k
2020: €1.50M
2021: €1.57M
2022: €1.00M
2023: €493k
2018 → 2024
Net result
€-4k
2023 · €42k
2018: €-346
2019: €-3k
2020: €-13k
2021: €-7k
2022: €67k
2023: €42k
2018 → 2024
Working capital
€252k▼ 3.4%
2023 · €261k
2018: €164k
2019: €169k
2020: €167k
2021: €175k
2022: €253k
2023: €261k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€188k-€181k▼ 3.9%€246k▲ 35.9%€286k▲ 16.3%€282k▼ 1.3%
Operating result€-19k-€-11k▲ 42.3%€115k€70k▼ 38.6%€15k▼ 78.7%
Net result€-13k-€-7k▲ 42.6%€67k€42k▼ 37.6%€-4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 79% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €363k
Fixed assets
€84k▼ 13.7%
Current assets
€279k▼ 29.5%
Equity and liabilities €363k
Equity
€282k▼ 1.3%
Debt
€81k▼ 61.0%
The debt ratio falls from 42.1% to 22.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▼
2023 · €76k
Cash flow
€18k▼
2023 · €47k
Solvency
77.7%▲
2023 · 57.9%
Current ratio
10.49▲
2023 · 2.94
Quick ratio
10.49▲
2023 · 1.12
Debt / equity
0.29▼
2023 · 0.73
ROE
-1.3%▼
2023 · 14.5%
ROA
-1.0%▼
2023 · 8.4%
Interest coverage
2.05▼
2023 · 7.36
Debt
€81k▼
2023 · €207k
Debt ≤ 1 year
€27k▼
2023 · €134k
Debt > 1 year
€48k▼
2023 · €63k
Income taxes
€657▼
2023 · €22k
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€493k€363k▼
Fixed assets21/28€97k€84k▼
Tangible fixed assets22/27€97k€84k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€97k€77k▼
Other tangible fixed assets26-€4k
Current assets29/58€396k€279k▼
Stocks and contracts in progress3€245k€0▼
Stocks30/36€245k€0▼
Amounts receivable within one year40/41€10k€18k▲
Trade receivables40€8k€14k▲
Other amounts receivable41€2k€4k▲
Current investments50/53€7k€95k▲
Cash at bank and in hand54/58€131k€162k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€493k€363k▼
Equity10/15€286k€282k▼
Contributions10/11€200k€200k=
Reserves13€86k€86k=
Non-distributable reserves130/1€296€296=
Reserves not available under the articles1311€296€296=
Distributable reserves133€86k€86k=
Profit (loss) carried forward14€0€-4k▼
Amounts payable17/49€207k€81k▼
Amounts payable after more than one year17€63k€48k▼
Financial debts170/4€63k€48k▼
Amounts payable within one year42/48€134k€27k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Taxes, remuneration and social security45€14k€6k▼
Taxes450/3€14k€6k▼
Other amounts payable47/48€96k€0▼
Accrued charges and deferred income492/3€10k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€22k▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€80k€43k▼
Operating profit (loss)9901€70k€15k▼
Financial income75/76B€3k€61▼
Recurring financial income75€3k€61▼
Financial charges65/66B€10k€18k▲
Recurring financial charges65€10k€18k▲
Profit (loss) for the period before taxes9903€63k€-3k▼
Income taxes67/77€22k€657▼
Profit (loss) for the period9904€42k€-4k▼
Profit (loss) for the period to be appropriated9905€42k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€-4k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€40k€0▼
To other reserves6921€40k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 10.49
Current ratio from 2.94 to 10.49; short-term debt falls from €134k to €27k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.94
Current ratio from 1.34 to 2.94; short-term debt falls from €749k to €134k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €67k
Net result €67k after 4 loss-making years.
31-12
Financial
Equity above €200kEq €246k ▲35.9%
Equity rises from €181k to €246k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2015
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.
Hogeheerweg 639051 GentGround area
442 m²
Building footprint
164 m²
Volume, LiDAR
1,342 m³
Parcel 44062D0372/00K003, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NMB Projects
since 20152.238.711.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062D0372/00K003 | Flanders | 442 m² | 1 · 164 m² | 13.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,531 EUR awarded · 1,531 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 347 EUR | 347 EUR |
| 2024 | 1 | 390 EUR | 390 EUR |
| 2023 | 1 | 341 EUR | 341 EUR |
| 2022 | 1 | 453 EUR | 453 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.