NOLBAS
ActiveNOLBAS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €-13k. Equity is shrinking by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-50
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 1.21 in 2024; short-term debt: 190.4% and cash: 13.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
Sector 70
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 2025Solvency, return and age of the figures
Solvency
-90.4%
Return on assets
-141.7%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
43 d early
2023
42 d early
2022
44 d early
2021
31 d early
2020
36 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-8k
2024 · €5k
2018: €48k
2019: €31k
2020: €31k
2021: €28k
2022: €21k
2023: €17k
2024: €5k
2018 → 2025
Total assets
€9k▼ 50.9%
2024 · €19k
2018: €113k
2019: €124k
2020: €117k
2021: €45k
2022: €36k
2023: €33k
2024: €19k
2018 → 2025
Net result
€-13k▼ 4.9%
2024 · €-13k
2018: €-2k
2019: €-17k
2020: €-446
2021: €-2k
2022: €-7k
2023: €-3k
2024: €-13k
2018 → 2025
Working capital
€-9k
2024 · €3k
2018: €48k
2019: €30k
2020: €29k
2021: €21k
2022: €16k
2023: €14k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€21k▼ 25.6%€17k▼ 16.3%€5k▼ 72.5%€-8k
Operating result€-1k-€-6k▼ 363%€-2k▲ 62.1%€-12k▼ 431%€-13k▼ 5.7%
Net result€-2k-€-7k▼ 194%€-3k▲ 52.5%€-13k▼ 272%€-13k▼ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €12k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€575▼ 68.9%
Current assets
€9k▼ 48.9%
Key figures and ratios
EBITDA
€-11k▼
2024 · €-11k
Cash flow
€-12k▼
2024 · €-11k
Solvency
-90.4%▼
2024 · 25.2%
Current ratio
0.49▼
2024 · 1.21
Quick ratio
0.44▼
2024 · 1.10
Debt / equity
-2.11▼
2024 · 2.96
ROA
-141.7%▼
2024 · -66.4%
Interest coverage
-29.13▼
2024 · -23.72
Debt
€18k▲
2024 · €14k
Debt ≤ 1 year
€18k▲
2024 · €14k
Income taxes
€193▼
2024 · €211
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€19k€9k▼
Fixed assets21/28€2k€575▼
Tangible fixed assets22/27€2k€575▼
Plant, machinery and equipment23€41-
Furniture and vehicles24€2k€575▼
Current assets29/58€17k€9k▼
Stocks and contracts in progress3€2k€919▼
Stocks30/36€2k€919▼
Amounts receivable within one year40/41€10k€6k▼
Trade receivables40€1k€4k▲
Other amounts receivable41€9k€2k▼
Current investments50/53€0-
Cash at bank and in hand54/58€5k€1k▼
Deferred charges and accrued income490/1€418€535▲
Equity and liabilities
Total equity and liabilities10/49€19k€9k▼
Equity10/15€5k€-8k▼
Contributions10/11€6k€6k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-4k€-17k▼
Amounts payable17/49€14k€18k▲
Amounts payable within one year42/48€14k€18k▲
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€261€1k▲
Gross operating margin9900€-10k€-10k▲
Operating profit (loss)9901€-12k€-13k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€450€392▼
Recurring financial charges65€450€392▼
Profit (loss) for the period before taxes9903€-12k€-13k▼
Income taxes67/77€211€193▼
Profit (loss) for the period9904€-13k€-13k▼
Profit (loss) for the period to be appropriated9905€-13k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-17k▼
Profit (loss) brought forward from the previous period14P€9k€-4k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Grez-Doiceau · 1 establishment unit since 2002
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.
Avenue Felix Lacourt 2261390 Grez-DoiceauGround area
1,895 m²
Building footprint
217 m²
Volume, LiDAR
890 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Bruxelles 2, 1300 Wavre
since 20022.114.122.324
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037C0539/00E000 | Wallonia | 1,774 m² | 1 · 159 m² | 8.1 m · 2 fl. |
| 25112M0343/00C000 | Wallonia | 121 m² | 1 · 58 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Wonka Projects
BE 0411.674.334
Gent · Eq €5k
U-Nicom
BE 0795.337.246
Ham-sur-Heure-Nalinnes · Eq €5k
CJDS
BE 0762.843.038
Incourt · Eq €5k
Luyten
BE 0474.662.570
Sint-Pieters-Woluwe · Eq €5k
PHILIPPE NESTERGAL
BE 0794.479.488
Wavre · Eq €5k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 15,235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.