NOMADS CONCEPT
ActiveThe computed 12-month bankruptcy probability of NOMADS CONCEPT is 1.7% (moderate). The 2024 annual accounts show equity of €27k and a net result of €-2k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 19357 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▼-85
Solvency94▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.01 against 1.93 in 2023; short-term debt: 31.3% and cash: 42.7% of total assets), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
68.7%
Return on assets
-4.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
29 d late
2022
435 d late
2021
58 d late
2020
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▼ 6.3%
2023 · €29k
2020: €12k
2021: €10k
2022: €16k
2023: €29k
2020 → 2024
Total assets
€40k▼ 28.9%
2023 · €56k
2020: €20k
2021: €18k
2022: €52k
2023: €56k
2020 → 2024
Net result
€-2k
2023 · €13k
2020: €-3k
2021: €-2k
2022: €6k
2023: €13k
2020 → 2024
Working capital
€25k▲ 0.5%
2023 · €25k
2020: €5k
2021: €7k
2022: €14k
2023: €25k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€10k▼ 18.8%€16k▲ 61.5%€29k▲ 83.0%€27k▼ 6.3%
Operating result€-3k-€-2k▲ 19.7%€7k€19k▲ 164%€-4k
Net result€-3k-€-2k▲ 18.3%€6k€13k▲ 118%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €19k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€2k▼ 46.7%
Current assets
€38k▼ 27.5%
Equity and liabilities €40k
Equity
€27k▼ 6.3%
Debt
€12k▼ 53.5%
The debt ratio falls from 47.9% to 31.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2023 · €20k
Cash flow
€129▼
2023 · €14k
Solvency
68.7%▲
2023 · 52.1%
Current ratio
3.01▲
2023 · 1.93
Quick ratio
3.01▲
2023 · 1.93
Debt / equity
0.46▼
2023 · 0.92
ROE
-6.8%▼
2023 · 45.3%
ROA
-4.6%▼
2023 · 23.6%
Interest coverage
-18.61▼
2023 · 93.86
Debt
€12k▼
2023 · €27k
Debt ≤ 1 year
€12k▼
2023 · €27k
Income taxes
€-868▼
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€56k€40k▼
Fixed assets21/28€4k€2k▼
Intangible fixed assets21€4k€2k▼
Current assets29/58€52k€38k▼
Amounts receivable within one year40/41€46k€21k▼
Trade receivables40€19k€10k▼
Other amounts receivable41€28k€11k▼
Cash at bank and in hand54/58€5k€17k▲
Deferred charges and accrued income490/1-€41
Equity and liabilities
Total equity and liabilities10/49€56k€40k▼
Equity10/15€29k€27k▼
Contributions10/11€15k€15k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€989€-863▼
Amounts payable17/49€27k€12k▼
Amounts payable within one year42/48€27k€12k▼
Financial debts43€2k€806▼
Credit institutions430/8€2k€806▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€464€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€526€3k▲
Gross operating margin9900€20k€618▼
Operating profit (loss)9901€19k€-4k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€211€113▼
Recurring financial charges65€211€113▼
Profit (loss) for the period before taxes9903€20k€-3k▼
Income taxes67/77€6k€-868▼
Profit (loss) for the period9904€13k€-2k▼
Profit (loss) for the period to be appropriated9905€13k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-863▼
Profit (loss) brought forward from the previous period14P€989€989=
Transfer to equity691/2€13k€0▼
To the legal reserve6920€13k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 435 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2020net €13k ▲118%
Operating result €19k, net result €13k, both a record.
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2020
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.
Louizalaan 209A1050 BrusselGround area
480 m²
Building footprint
417 m²
Volume, LiDAR
9,711 m³
Parcel 21807G0120/00H005, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
NOMADS CONCEPT
since 20202.301.929.764
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
BE-ST INVESTIMMO
BE 0728.455.251
Gent · Eq €27k
JOKA
BE 0883.422.748
Tielt-Winge · Eq €27k
DEBREYNE BJORN
BE 0840.308.921
Moorslede · Eq €27k
MC BIRD
BE 0766.738.973
Izegem · Eq €27k
LEADEO
BE 0847.923.025
Esneux · Eq €27k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 2,762 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.