NMD TECHNOLOGY
InactiveNMD TECHNOLOGY was declared bankrupt on 14-06-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 24-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-07-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-07-2022 close28-02-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2021 was due by 28-02-2022 and was filed on 28-02-2022, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
on the day
2020
1 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
€2.14M▲ 35.5%
2020 · €1.58M
2019: €3.69M
2020: €1.58M
2019 → 2021
EBIT margin
-8.3%▼ 10.0pp
2020 · 1.7%
2019: 2.5%
2020: 1.7%
2019 → 2021
Net result
€-233k
2020 · €2k
2019: €18k
2020: €2k
2019 → 2021
Working capital
€-64k
2020 · €184k
2019: €176k
2020: €184k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€3.69M-€1.58M▼ 57.2%€2.14M▲ 35.5%
Equity€200k-€95k▼ 52.6%€-139k
Operating result€94k-€27k▼ 71.5%€-178k
Net result€18k-€2k▼ 89.3%€-233k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €178k after €27k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €666k
Fixed assets
€14k▲ 30.7%
Current assets
€653k▼ 0.2%
Key figures and ratios
EBITDA
€-175k▼
2020 · €31k
Cash flow
€-231k▼
2020 · €6k
Solvency
-20.8%▼
2020 · 14.2%
Current ratio
0.91▼
2020 · 1.39
Quick ratio
0.91▼
2020 · 1.39
Debt / equity
-0.64▼
2020 · 1.06
ROA
-35.0%▼
2020 · 0.3%
Debt
€805k▲
2020 · €570k
Debt ≤ 1 year
€717k▲
2020 · €470k
Debt > 1 year
€89k▼
2020 · €100k
Income taxes
€2k▼
2020 · €8k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€664k€666k▲
Fixed assets21/28€10k€14k▲
Tangible fixed assets22/27€1k€5k▲
Financial fixed assets28€9k€9k=
Current assets29/58€654k€653k▼
Amounts receivable within one year40/41€646k€649k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€664k€666k▲
Equity10/15€95k€-139k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€74k€-159k▼
Amounts payable17/49€570k€805k▲
Amounts payable after more than one year17€100k€89k▼
Amounts payable within one year42/48€470k€717k▲
Trade debts44€422k€616k▲
Income statement
Code20202021
Turnover70€1.58M€2.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Gross operating margin9900€325k€464k▲
Operating profit (loss)9901€27k€-178k▼
Recurring financial income75€1k-
Recurring financial charges65€18k€54k▲
Profit (loss) for the period before taxes9903€10k€-232k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€2k€-233k▼
Profit (loss) for the period to be appropriated9905€2k€-233k▼
Appropriation of the result
Return on contributions (dividend)694€107k-
Timeline · acts, filings and financial milestones
2025
24-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · NMD TECH- NOLOGY BV LIVERPOOLSTRAAT 7, 1080 SINT-JANS-MOLENBEEK · event 14-10-2025
2022
20-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · NMD TECHNOLOGY BV LIVERPOOLSTRAAT 7, 1080 SINT-JANS-MOLENBEEK · event 14-06-2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
Financial
Weakest financial yearnet €-233k ▼12604%
Net result drops to €-233k, the lowest in the series.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 12 days late
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
19-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
03-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN GUSTAAF GILSONSTRAAT 11,
1090 BRUSSEL 9 |
14-06-2022 → present |