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NMGE

Active Private limited companyfounded 2020active for 6 yearsVoie de Liège 93, 4840 WelkenraedtKBO/BCE: BE 0755.967.421 #8 company by total assets in Welkenraedt, Health and social work sector

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €61,512 (2025)
€61,512▲ 12.6%
peak €23,981 (2025)
€23,981▲ 12.4%
peak €69,657 (2025)
€69,657▲ 52.5%
€303,016▼ 7.6%
Board4 names since 2020
4 directors and 3 others
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €54,628 to €61,512Equity from €45,676 to €69,657Cash from €3,782 to €5,725

Key points

from the 2025 annual accounts

Equity

€69,657 ▲ 52.5%

NMGE has made a profit in every financial year since 2021.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€303,016 81% of the balance sheet
Financial debts 59%Suppliers 0%Taxes and wages 2%Other 39%

Of this, €125,098 falls due within a year.

Filings

5 annual accounts 2 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 31 days after the end of the period.

Position in the sector

18.7%

Lower solvency than 80% of companies in human health. Sector median 63.1% · 21,322 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,715 companies had the same profile as NMGE has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,715 companies, not a prediction for NMGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
Director
  • 50 sharesdeed of 13-10-2020
  • 50 sharesdeed of 13-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755967421
First establishment Voie de Liège 93, Welkenraedt
Incorporation Founding capital of €10,000, 100 shares · Founders: and · Appointments: , , and · published on 13-10-2020 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
NMGE Welkenraedt €372,673 €61,512 18.7% -
Kindercentrum De Brug Boutersem €381,902 €82,425 9.0% -
Blue Bridges De Haan €392,459 €81,848 35.8% -
DR. LIESELOT ROBYNS Buggenhout €519,799 €71,372 6.4% -
DERMATOLOGIE BILZEN Bilzen-Hoeselt €372,320 €93,471 4.2% -
Callebaut Hasse Zoersel €384,835 €42,692 63.1% -
4 PLUS Sint-Niklaas €473,838 €78,362 27.7% -

These companies have the same main activity as NMGE: nutrition and dietetics services (NACE 86995). They are comparable in size and age: total assets between €372,000 and €520,000, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 09-10-2020Normal situation
Activity
Nutrition and dietetics servicesNACE 86995and 5 others
Establishment unit
2.308.391.3504840 Welkenraedt, since 16-10-2020
Financial year end
31 December
Peppol
Reachable since 13-06-2025
Company details

Annual accounts 2025

€61,512▲ 12.6%
€23,981▲ 12.4%
€69,657▲ 52.5%
€372,673▼ 0.2%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on NMGE

NMGE files the micro format. That format states no turnover. The gross margin rose from €17,468 in 2021 to €61,512 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-06-2026, 31 days before the deadline
€61,512
▲ 12.6%
€36,569
▲ 20.7%
€23,981
▲ 12.4%
-€59,100
▲ €6,470
18.7%
▲ 6.5 percentage points
0.53
▲ 0.03

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €110,000 and €260,000.

Balance sheet

balance sheet total €372,673 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

18.7%

Higher than 19% of 21,322 companies in 2025.

0.53

Higher than 7% of 20,872 companies in 2025.

6.4%

Higher than 18% of 21,172 companies in 2025.

NMGE Middle half of the sector 80% of the sector Micro accounts in human health (NACE 86)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 372,673373,485351,704356,097351,782
21/28 306,675307,652327,614314,565327,113
22/27 306,675307,652327,614314,565327,113
22 296,666297,534316,991307,532324,231
23 7,3387,1346,8572,3752,107
24 2,6722,9833,7664,658775
29/58 65,99865,83324,09041,53224,669
40/41 60,09361,99419,46431,6386,932
40 46,16053,61115,02631,6386,808
41 13,9348,3834,438-124
54/58 5,7253,7824,6269,45317,737
490/1 17956-441-
Balance sheet: equity and liabilities
10/49 372,673373,485351,704356,097351,782
10/15 69,65745,67624,34618,50111,170
10/11 10,00010,00010,00010,00010,000
14 59,65735,67614,3468,5011,170
17/49 303,016327,809327,359337,596340,612
17 177,918196,067213,876231,352248,501
170/4 177,918196,067213,876231,352248,501
42/48 125,098131,403113,483106,24491,691
42 18,14919,27817,47617,14918,216
44 1147,2691,12542170
440/4 1147,2691,12542170
46 ----165
45 7,28710,6463,2798,3283,612
450/3 7,28710,6463,2798,3283,612
47/48 99,54894,21091,60280,34669,628
492/3 0339--420
Income statement
9900 61,51254,62832,87232,60317,468
630 22,45421,59020,22818,11510,350
640/8 2,4892,7322,2782,106896
9901 36,56930,30710,36512,3826,223
75/76B 151,41011411
75 151,41011411
65/66B 4,1234,3324,6345,0525,054
65 4,1234,3324,6345,0525,054
9903 32,46127,3855,8457,3311,170
67/77 8,4806,055---
9904 23,98121,3305,8457,3311,170
9905 23,98121,3305,8457,3311,170
Appropriation of the result
9906 59,65735,67614,3468,5011,170
14P 35,67614,3468,5011,170-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00220198 PDF
31-12-2024 micro format 29-07-2025 2025-00321258 PDF
31-12-2023 micro format 20-08-2024 2024-00352473 PDF
31-12-2022 micro format 31-08-2023 2023-00392658 PDF
31-12-2021 micro format 24-06-2022 2022-20087754 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
59,02351,89730,59430,49716,572
46,43642,92026,07325,44611,519
21,4781,62833,2775,567337,462
1,943-844-4,826-8,285-
-59,100-65,570-89,392-64,712-67,022
18.7%12.2%6.9%5.2%3.2%
0.530.500.210.390.27
4.357.1813.4518.2530.49
34.4%46.7%24.0%39.6%10.5%
6.4%5.7%1.7%2.1%0.3%
14.3211.986.606.043.28

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€137,500€137,500€137,500€137,500€137,500
Carrying value of the mortgaged assets€296,666€297,534€316,991€307,532€324,231

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€21,478€1,628€33,277€5,567€337,462
€22,454€21,590€20,228€18,115€10,350

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on NMGE

The operating result for 2025 is 21% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 87.8% to 81.3%. Equity is higher and debt is lower.

Board & ownership

Board

4 directors, since incorporation
Director (not named in the articles)
appointed by deed of 13-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
Director (not named in the articles)
appointed by deed of 13-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
Director (not named in the articles)
appointed by deed of 13-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
Director (not named in the articles)
appointed by deed of 13-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)

Director (not named in the articles)

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), appointed by deed of 13-10-2020, still in office
    • Director (not named in the articles), appointed by deed of 13-10-2020, still in office
    • Director (not named in the articles), appointed by deed of 13-10-2020, still in office
    • Director (not named in the articles), appointed by deed of 13-10-2020, still in office

See the board, name and registered office on a given date →

Control

Founders
,
This company
NMGE
Equity €69,657
Profit €23,981 in 2025

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€697 in 2025
Source
deed of 13-10-2020

Articles of association

deed of 13-10-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Rémunération fixe ou proportionnelle, assemblée générale”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, toutes cessions entre vifs onéreux ou gratuit volontaires…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of May at 20:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 13-10-2020 ↗
  • 50 shares (50%) · €5,000
  • 50 shares (50%) · €5,000

Network & group

No group

NMGE has no parent and no holdings in its annual accounts.

At the same address

Voie de Liège 93, 4840 Welkenraedt · 4 other companies
HERacing
registered office since 07-02-2026
founded in 2026
1034.113.535
EQUIMOVE
registered office since 10-10-2022
founded in 2021
0765.979.306
SROK
registered office since 01-07-2022
founded in 2022
0787.910.709
Esser, Mathilde (sole trader)
establishment since 18-04-2017
founded in 2017
0674.608.967

Connections & network

4 connected companies
Depth
Shared director Shared director 3 shared directors Shared director NMGE NMGE0755.967.421
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Successeur · deed of 11-09-2023
Founded in 2010 · turnover €169,775 (2025)
via · Statutory director · deed of 18-12-2023
Founded in 2004 · total assets €301,789 (2025)
via , and · deed of 06-04-2021
Founded in 2021
via · Director · deed of 11-02-2026
Founded in 2026

Timeline

Timeline

9 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Highest result from 2021 to 2025 net €23,981 ▲12.4% The operating result of €36,569 and the net result of €23,981 are both a record.
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0755967421
2024
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Annual accounts 2021 filed PDFmicro format · 37 days before the deadline
2020
First establishment Voie de Liège 93, Welkenraedt
IncorporationFounding capital of €10,000, 100 shares · Founders: and · Appointments: , , and · published on 13-10-20208 points ▸
  • Founding capital, €10,000, 100 shares
  • Registered office clause, Voie de Liège 93, 4840 Welkenraedt
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Founder,
  • Founder,
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 9 October 2020, NMGE was incorporated as a private limited company by two natural persons, with a starting capital of €10,000.12 Today the board has 4 members.3 Total assets went from €351,782 in 2021 to €372,673 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-10-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0755.967.421
VAT number
BE 0755.967.421
Peppol ID
0208:0755967421
Other Peppol ID
9925:BE0755967421
Legal form
Private limited company
Status
Active, normal situation
Founded
09-10-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of May at 20:00
deed of 13-10-2020 (in French)
Peppol
Reachable since 13-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
NMGE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-10-2020 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
86909 Human health activities main activity
46383 Wholesale trade
47762 Retail trade
70220 Business consulting
93110 Operation of sports facilities
96095 Personal service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“La société a pour objet la prise de participation, sous quelque forme que ce soit, dans toutes sociétés belges ou étrangère, l’acquisition…”
11 activities
  1. La société a pour objet la prise de participation, sous quelque forme que ce soit, dans toutes sociétés belges ou étrangère, l’acquisition par voie d’achat, de souscription ou de tout autre manière, ainsi que l’aliénation par vente, échange ou tout autre manière, d’actions, obligations, de parts, de valeurs mobilières de toutes espèces ; la gestion, l’administration, et la mise en valeur du portefeuille qu’elle possèdera.
  2. La société peut participer à la création, au développement d’entreprises commerciales, financières, immobilières et de services, leur prêter tout concours, soit par des prêts, garanties, ou de tout autre manière.
  3. Elle pourra mettre à disposition du personnel.
  4. La société peut participer à l’administration, la surveillance, le contrôle, l’assistance et les services financiers des sociétés et entreprises dans lesquelles elle est intéressée.
  5. Elle peut réaliser toutes opérations en matière de conseils et d’études.
  6. La société pourra également développer, pour le compte de tiers, un ensemble d’activités dans le domaine du conseil, de travaux administratifs et de bureau.
  7. La société pourra également développer un ensemble d’activités dans les domaines de l’équitation (sportive, curative, événementielle, travaux de maréchalerie), de l’élevage, du dressage et entrainement d’animaux, du transport d’animaux, et plus globalement dans le commerce en matière premières agricoles, animaux vivants, matières premières et produits textiles.
  8. La société pourra intervenir dans tout type d’activités ayant trait à la gestion d’exploitation de centres sportifs, d’activités de loisirs, de manèges et centre hippique, et proposer ses services pour tous travaux d’entretien.
  9. Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
  10. Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
  11. Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
deed of 13-10-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Voie de Liège 93 registered office 4840 Welkenraedt 16-10-2020 2.308.391.350

Buildings and parcels at the address

Ground area
2,184 m²
Buildings
226 m²
Volume, LiDAR
1,225 m³
Tallest building
6.8 m
Buildings to scale, each on its own parcel
226 m², 6.8 m 226 m², 6.8 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
63084C0092/00E0002,184 m² 1 · 226 m² 6.8 m · 2