North
ActiveThe computed 12-month bankruptcy probability of North is 2.2% (moderate). The 2025 annual accounts show equity of €5k and a net result of €-25k. Its solvency ranks better than 22% of 11200 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency12
Growth-
Stability67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89), and 95.7% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
4.3%
Return on assets
-21.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11200 sector peers (2025).
NBB · sector comparisonPosition among 11200 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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€5k
Total assets
€116k
Net result
€-25k
Working capital
€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €116k
Fixed assets
€18k
Current assets
€99k
Equity and liabilities €116k
Equity
€5k
Debt
€111k
Debt finances 95.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€-22k
Cash flow
€-23k
Solvency
4.3%
Current ratio
0.89
Quick ratio
0.07
Debt / equity
22.27
ROE
-509.4%
ROA
-21.9%
Interest coverage
-111.39
Debt
€111k
Debt ≤ 1 year
€111k
Staff costs
€15k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€116k
Fixed assets21/28€18k
Tangible fixed assets22/27€18k
Land and buildings22€12k
Plant, machinery and equipment23€4k
Furniture and vehicles24€2k
Current assets29/58€99k
Stocks and contracts in progress3€90k
Stocks30/36€90k
Cash at bank and in hand54/58€8k
Deferred charges and accrued income490/1€521
Equity and liabilities
Total equity and liabilities10/49€116k
Equity10/15€5k
Contributions10/11€5k
Amounts payable17/49€111k
Amounts payable within one year42/48€111k
Trade debts44€27k
Suppliers440/4€27k
Taxes, remuneration and social security45€6k
Taxes450/3€3k
Remuneration and social security454/9€4k
Other amounts payable47/48€78k
Accrued charges and deferred income492/3€110
Income statement
Code2025
Remuneration, social security and pensions62€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€2k
Gross operating margin9900€-6k
Operating profit (loss)9901€-25k
Financial income75/76B€96
Recurring financial income75€96
Financial charges65/66B€202
Recurring financial charges65€202
Profit (loss) for the period before taxes9903€-25k
Profit (loss) for the period9904€-25k
Profit (loss) for the period to be appropriated9905€-25k
Appropriation of the result
Profit (loss) to be appropriated9906€-25k
Shareholders' contribution to the loss794€25k
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
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Genk · 1 establishment unit since 2024
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.
Stalenstraat 613600 GenkGround area
313 m²
Building footprint
105 m²
Volume, LiDAR
1,020 m³
Parcel 71308A0907/00H002, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NORTH
since 20242.362.419.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0907/00H002 | Flanders | 313 m² | 1 · 105 m² | 14.0 m · 4 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.
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NEW BALANCE BELGIUM
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JAVI
BE 0883.138.478
Antwerpen · Eq €5k
PROMATOME VLAANDEREN
BE 0742.875.785
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AJMH 1331
BE 0840.803.027
Rixensart · Eq €5k
SUBLIEM
BE 0464.508.848
Kortrijk · Eq €5k
Of 1,734 companies in sector 46150 we hold annual accounts for 750. 275 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2024
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47770Retail sale of watches and jewellery
46480Wholesale trade
47722Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
64999Other financial services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:hasgoldgenk@outlook.com
Phone:+32485348144