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Generated 31-07-2026
Active BE 0758.904.640Private limited company

NMC BROTHERS

Trawoollaan 5 ·1830 Machelen (Brab.), Belgium· 5 yrs active
Sector: Non-specialised food retail (47110)
Conclusion Checked

The computed 12-month bankruptcy probability of NMC BROTHERS is 2.5% (moderate). The 2024 annual accounts show equity of €7k and a net result of €91k. Equity is shrinking by ~34.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 28% of 6676 sector peers (fiscal year 2024). 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 4 annual accounts.
Key figures
Equity €7k
Net result €91k
Staff (FTE) 0.9
Better than sector 28%
Snowflake analysis 5 axes · computed by Checked
Health66Profitability100Solvency14Growth58Stability94
66 / 100

Strong profile, led by profitability.

Health 66
Profitability 100
Solvency 14
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
66 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · micro
€-200k€-100k€0€100kOperating result 2021: €13k€13kNet result 2021: €10k€10kOperating result 2022: €2k€2kNet result 2022: €1k€1kOperating result 2023: €-124k€-124kNet result 2023: €-125k€-125kOperating result 2024: €98k€98kNet result 2024: €91k€91k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, equity would indicatively turn negative around fiscal year 2025, assuming unchanged policy.
€-100k€-50k€0€50k2025: €-12k (€-25k - €2k)2026: €-26k (€-48k - €-3k)2027: €-40k (€-70k - €-9k)2021: €40k2022: €41k2023: €-84k2024: €7k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 0.9% 20.4%
better than 28% of 6676 sector peers
Net result €91k €4k
better than 95% of 6656 sector peers
Equity €7k €16k
better than 38% of 6690 sector peers
Gross operating margin €151k €24k
better than 89% of 6635 sector peers
Staff costs €35k €33k
higher than 52% of 3021 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€113k
- -45% vs sector
Net profit
€91k
- -7% vs sector
Cash flow
€106k
- -40% vs sector
Total assets
€736k
+30.0% -53% vs sector
Equity
€7k
- -98% vs sector
Working capital
€51k
- -78% vs sector
Employees (FTE)
1
-59.1% -92% vs sector
Staff costs
€35k
-51.6% -93% vs sector
Income taxes
€355
-85.8% -99% vs sector
Debt
€729k
+12.2% -28% vs sector
Debt ≤ 1y
€627k
-0.7% -24% vs sector
Debt > 1y
€102k
+453.5% +2% vs sector
Current ratio
1.08
+31.0% -37% vs sector
Quick ratio
0.32
-6.8% -73% vs sector
Solvency
0.9%
- -97% vs sector
Debt / equity
104.49
- far above sector median
ROE
1304.1%
+776.3% far above sector median
ROA
12.4%
- +102% vs sector
Interest coverage
15.53
- far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€113k
Net profit€91k
Cash flow€106k
Staff costs€35k
Income taxes-
Dividends-
Total assets€736k
Equity€7k
Debt€729k
of which ≤ 1y€627k
of which > 1y€102k
Working capital€51k
Employees (FTE)0.9
Ratios (computed)
2024
Current ratio1.08
Quick ratio0.32
Working capital ratio6.9%
Solvency0.9%
Debt / equity104.49
Long-term debt ratio14.63
Interest coverage15.53
Gross margin-
Net margin-
ROA12.4%
ROE1304.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€736k
Fixed assets 21/28€58k
Tangible fixed assets 22/27€45k
Financial fixed assets 28€13k
Current assets 29/58€678k
Stocks & contracts in progress 3€480k
Amounts receivable within one year 40/41€129k
Cash & bank 54/58€69k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€736k
Equity 10/15€7k
Contributions / capital 10/11€30k
Accumulated profits (losses) 14€-23k
Amounts payable 17/49€729k
Amounts payable after one year 17€102k
Amounts payable within one year 42/48€627k
Trade debts payable within one year 44€343k
Income statement
Gross operating margin 9900€151k
Operating result 9901€98k
Financial income 75€3
Financial charges 65€7k
Result before taxes 9903€91k
Net result for the period 9904€91k
Result to be appropriated 9905€91k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Non-specialised food retail(47110)
Legal form Private limited company(610)
Incorporation30-11-2020
StatusActive
Postal code1830
Establishment units 2 locations
DE GRAND BAZAAR
Sint-Bernardsesteenweg 312/320, 2020 AntwerpenDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
since 20202.310.304.032
DE GRAND BAZAAR
Trawoollaan 5, 1830 Machelen (Brab.)Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
since 20222.334.545.421
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2485/00N002 Flanders 1.3 ha 1 · 1.2 ha 20.6 m · 3 fl.
23047A0054/00Z003 Flanders 3,010 m² 1 · 1,365 m² 7.1 m
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
16-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
19-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
30-05-2024
State Gazette act Capital & shares
2023
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
29-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgisch Staatsblad, acts 1 acts
Capital history · 1
30-05-2024
Capital change
All acts · 1 updated 2 years ago
2024
30-05-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "CING\u00D6Z Ayse",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 30,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "MACHELEN",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-05-22",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2024-05-22",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-01-29"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0758.904.640",
    "name_full": "NMC BROTHERS",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "CING\u00D6Z Ismail",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910
Primary activity highlighted.
Names & trade names
Legal nameNL NMC BROTHERS
Registered office
Trawoollaan 5 bus 2
1830 Machelen (Brab.), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative