NNK
ActiveSummary
NNK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190,006 and a net result of €179,767. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency77▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.33 in 2023; short-term debt: 47.3% and cash: 16.6% of total assets), and 47.7% of the assets are financed with debt.
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Signals
Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 13-05-2025, 79 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
79 d early
2023
30 d late
2022
29 d late
2021
2 d early
2020
1 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€190,006▲ 15.0%
2023 · €165,239
Total assets
€363,544▼ 12.0%
2023 · €412,897
Net result
€179,767▼ 12.4%
2023 · €205,322
Working capital
€30,651▼ 62.6%
2023 · €81,907
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€207,510▲ 118%€215,007▲ 3.6%€211,689▼ 1.5%€273,273▲ 29.1%€249,057▼ 8.9%
Net result€144,779▲ 92.5%€165,121above the sector's middle half▲ 14.1%€164,251above the sector's middle half▼ 0.5%€205,322above the sector's middle half▲ 25.0%€179,767above the sector's middle half▼ 12.4%
Equity€226,186▲ 178%€391,307above the sector's middle half▲ 73.0%€403,707above the sector's middle half▲ 3.2%€165,239within the sector's middle half▼ 59.1%€190,006within the sector's middle half▲ 15.0%
Total assets€340,432▲ 83.5%€534,357above the sector's middle half▲ 57.0%€645,136above the sector's middle half▲ 20.7%€412,897within the sector's middle half▼ 36.0%€363,544within the sector's middle half▼ 12.0%
Debt€114,246▲ 9.7%€143,050▲ 25.2%€241,429▲ 68.8%€247,658▲ 2.6%€173,538▼ 29.9%
Working capital€144,133€276,667▲ 92.0%€295,271▲ 6.7%€81,907▼ 72.3%€30,651▼ 62.6%
Solvency66.4%▲ 22.6pp73.2%within the sector's middle half▲ 6.8pp62.6%within the sector's middle half▼ 10.7pp40.0%within the sector's middle half▼ 22.6pp52.3%within the sector's middle half▲ 12.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €363,544
Fixed assets
€160,921 ▲ 89.6%
Current assets
€202,624 ▼ 38.2%
Equity and liabilities €363,544
Equity
€190,006 ▲ 15.0%
Debt
€173,538 ▼ 29.9%
Debt's share of the balance-sheet total falls from 60.0% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€315,945▲
2023 · €298,377
Cash flow
€246,655▲
2023 · €230,426
Current ratio
1.18▼
2023 · 1.33
Debt to equity
0.91▼
2023 · 1.50
ROE
94.6%▼
2023 · 124.3%
ROA
49.4%▼
2023 · 49.7%
Interest coverage
1763.38▲
2023 · 1075.85
Debt ≤ 1 year
€171,973▼
2023 · €246,094
Income taxes
€70,874▲
2023 · €67,674
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 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 bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 26,964 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,645 | €30,305 | €24,027 | €25,104 | €66,887 | ▲ 166% |
| Other operating charges640/8 | - | €1,827 | €926 | €1,616 | €17,999 | ▲ 1,014% |
| Gross operating margin9900 | €250,049 | €247,139 | €236,642 | €299,993 | €333,944 | ▲ 11.3% |
| Operating profit (loss)9901 | €207,510 | €215,007 | €211,689 | €273,273 | €249,057 | ▼ 8.9% |
| Financial income75/76B | - | €386 | €2,818 | €0 | €1,763 | ▲ 881,545% |
| Recurring financial income75 | €0 | €386 | €2,818 | €0 | €1,763 | ▲ 881,545% |
| Financial charges65/66B | - | €213 | €277 | €277 | €179 | ▼ 35.4% |
| Recurring financial charges65 | €642 | €213 | €277 | €277 | €179 | ▼ 35.4% |
| Profit (loss) for the period before taxes9903 | €207,115 | €215,179 | €214,231 | €272,996 | €250,641 | ▼ 8.2% |
| Income taxes67/77 | €62,336 | €50,058 | €49,980 | €67,674 | €70,874 | ▲ 4.7% |
| Profit (loss) for the period9904 | €144,779 | €165,121 | €164,251 | €205,322 | €179,767 | ▼ 12.4% |
| Profit (loss) for the period to be appropriated9905 | €144,779 | €165,121 | €164,251 | €205,322 | €179,767 | ▼ 12.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €340,432 | €534,357 | €645,136 | €412,897 | €363,544 | ▼ 12.0% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €123,149 | €116,197 | €109,999 | €84,896 | €160,921 | ▲ 89.6% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €123,149 | €116,197 | €109,999 | €84,896 | €160,921 | ▲ 89.6% |
| Furniture and vehicles24 | - | €110,651 | €88,005 | €65,391 | €125,806 | ▲ 92.4% |
| Other tangible fixed assets26 | - | €5,546 | €21,994 | €19,505 | €35,114 | ▲ 80.0% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €256,824 | €418,160 | €535,137 | €328,001 | €202,624 | ▼ 38.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €28,586 | €84,834 | €92,698 | €144,713 | €138,606 | ▼ 4.2% |
| Trade receivables40 | - | €64,927 | €30,855 | €144,713 | €134,243 | ▼ 7.2% |
| Other amounts receivable41 | - | €19,907 | €61,843 | €0 | €4,363 | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €226,592 | €331,676 | €440,426 | €156,046 | €60,497 | ▼ 61.2% |
| Deferred charges and accrued income490/1 | - | €1,650 | €2,012 | €27,243 | €3,520 | ▼ 87.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €340,432 | €534,357 | €645,136 | €412,897 | €363,544 | ▼ 12.0% |
| Equity10/15 | €226,186 | €391,307 | €403,707 | €165,239 | €190,006 | ▲ 15.0% |
| Contributions10/11 | - | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €146,639 | €146,639 | €146,639 | €146,639 | €146,639 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €144,779 | €144,779 | €144,779 | €146,639 | ▲ 1.3% |
| Profit (loss) carried forward14 | €73,347 | €238,468 | €238,468 | €0 | €24,767 | - |
| Amounts payable17/49 | €114,246 | €143,050 | €241,429 | €247,658 | €173,538 | ▼ 29.9% |
| Amounts payable after more than one year17 | €2,775 | - | - | - | - | - |
| Amounts payable within one year42/48 | €112,691 | €141,493 | €239,865 | €246,094 | €171,973 | ▼ 30.1% |
| Trade debts44 | €7,849 | €2,974 | €2,763 | €11,904 | €11,716 | ▼ 1.6% |
| Suppliers440/4 | - | €2,974 | €2,763 | €11,904 | €11,716 | ▼ 1.6% |
| Taxes, remuneration and social security45 | - | €138,519 | €72,851 | €28,321 | €17,131 | ▼ 39.5% |
| Taxes450/3 | - | €138,519 | €72,851 | €28,321 | €17,131 | ▼ 39.5% |
| Other amounts payable47/48 | - | - | €164,251 | €205,869 | €143,126 | ▼ 30.5% |
| Accrued charges and deferred income492/3 | - | €1,557 | €1,564 | €1,564 | €1,566 | ▲ 0.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144,779 | €165,121 | €164,251 | €205,322 | €179,767 | ▼ 12.4% |
| + Depreciation and write-downs630 | €45,645 | €30,305 | €24,027 | €25,104 | €66,887 | ▲ 166% |
| Operating cash flow (approximation) | €190,424 | €195,426 | €188,278 | €230,426 | €246,655 | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | -€23,353 | -€17,829 | €0 | -€142,913 | - |
| Change in cash | - | €105,084 | €108,751 | -€284,380 | -€95,548 | ▲ 66.4% |
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
05-08
State Gazette act
General meeting · Director reappointment
Mandate compensation · Permanent representative
13-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
17-07
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
17-07
State Gazette act
General meeting · Director reappointment
Mandate compensation · Permanent representative
2023
31-12
Financial
Highest result since 2019net €205,322 ▲25%
Operating result €273,273, net result €205,322, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 2.28
Current ratio from 0.63 to 2.28.
31-12
Financial
Equity above €200,000Eq €226,186 ▲178%
2 profitable years in a row build equity to €226,186.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Show earlier events
2019
12-07
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment
10-07
State Gazette act
General meeting · Director appointment
Mandate compensation · Board meeting
10-07
State Gazette act
General meeting · Board meeting
Director appointment · Mandate compensation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ninove · 1 establishment unit since 2018
Ground area
1,379 m²
Building footprint
198 m²
Volume, LiDAR
1,351 m³
Parcel 41044B0150/00D000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NNK
since 20182.282.709.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41044B0150/00D000 | Flanders | 1,379 m² | 1 · 198 m² | 11.7 m · 2 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.
Structure & network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
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Linked via shared directors
FEDERALE ASSURANCE
Shared director
→
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Recognitions · licences · registrations
Legal Entity Identifier
875500T7S7KGEQSS2L41
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,208 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
Founded10-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715662238
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.