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NORD - SUD

Active
Public limited companyfounded 1989active for 36 yearsRue Thée-Dinant 2, 5070 Fosses-la-Ville, BelgiumKBO/BCE: BE 0438.977.854
Summary

NORD - SUD has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,575 and a net result of -€1,595. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 22% of 8,586 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-11-1989 Normal situation
Activity
Advertising agencies NACE 73110and 4 others
Establishment unit
2.045.847.982 5070 Fosses-la-Ville, since 01-12-1989
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€4,299
▼ 9.7%
Loss
€1,595
▼ 69.8%
Equity
€6,575
▼ 29.1%
Total assets
€40,516
▼ 1.4%
Staff
≈ 0 FTE
estimated
Score breakdownraises risk1 of the last 3 accounts latelowers riskFounded in 1989Size: turnover €4,299, total assets €40,516Figures for financial year 2025 (filed on 28-05-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 19% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 41-7
equity 16.2% of total assets
Liquidity 6-4
short-term debt 83.8% · cash 1.8%
Profitability 28+23
return on assets -3.9%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.4 percentage points vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.2 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.3 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 24% of them on solvency, 5% on liquidity, 21% on profitability and 26% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €4,299, total assets €40,516
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 28-05-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1,595
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 8586 sector peers (2025).
NBB · sector comparison
Position among 8586 sector peers
Solvency
better than 22%
← weakest strongest →
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 28-05-2026, 64 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
64 days early
2024
3 days early
2023
67 days early
2022
52 days early
2021
77 days early
2020
75 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€1,595 View
  • Positive: 2nd oldest company in Fosses-la-Ville, Professional and technical services sectorin the Checked rankings No. 2 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as NORD - SUD: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €32,900 and €47,200, founded between 1986 and 1991.

CompanyTotal assetsGross margin
NORD - SUD Fosses-la-Ville€40,516-€535
BUS PROPHILS Couvin€38,846-€4,258
BILLY'S PRODUCTIONS Ciney€32,852-€8,104
BHAP! Lier€43,350-€219
Green Ad Antwerpen€45,180-€26,575
C-LINK Ukkel€46,882-€7,706
Benelux 95 Destelbergen€47,206-€156
Full comparison

Key facts about NORD - SUD

What is the company number of NORD - SUD?
The company number of NORD - SUD is 0438.977.854. The VAT number is the same number with BE in front: BE 0438.977.854.
Where is NORD - SUD based?
The registered office is at Rue Thée-Dinant 2, 5070 Fosses-la-Ville.Company details
What does NORD - SUD do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of NORD - SUD?
The legal form of NORD - SUD is Public limited company (NV).
When was NORD - SUD founded?
NORD - SUD was founded on 27-11-1989.
Is NORD - SUD still active?
Yes, NORD - SUD is an active enterprise in the KBO register.
What is the turnover of NORD - SUD?
The turnover of NORD - SUD was €4,299 in financial year 2025, according to the filed annual accounts.Financials
Is NORD - SUD profitable?
In financial year 2025, NORD - SUD made a loss of €1,595.
Where can I find the annual accounts of NORD - SUD?
NORD - SUD filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NORD - SUD due?
NORD - SUD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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