NORTH SERVICES

Active

Private limited companyfounded 20224 yrs activeKolonel Bourgstraat 123-125, 1140 Evere, BelgiumKBO/BCE: BE 0786.957.931

Summary

The computed 12-month bankruptcy probability of NORTH SERVICES is 4.6% (elevated). The 2024 annual accounts show equity of €35k and a net result of €8k. Its solvency ranks better than 89% of 5894 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▼-18

Solvency100=

Growth48

Track record94

Bankruptcy probability, 12 months

4.6% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity ample (current ratio 5.62 against 4.6 in 2023; short-term debt: 17.8% and cash: 2.6% of total assets), and 17.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Sector 81

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

82.2%

Return on assets

17.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

50 d early

2023

28 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€121k▲ 1.7%

2023 · €119k

2023: €119k

2023 → 2024

EBIT margin

7.8%▼ 15.7pp

2023 · 23.6%

2023: 23.6%

2023 → 2024

Net result

€8k▼ 66.0%

2023 · €22k

2023: €22k

2023 → 2024

Working capital

€35k▲ 56.3%

2023 · €22k

2023: €22k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Turnover€119k-€121k▲ 1.7%

Equity€22k-€35k▲ 56.3%

Operating result€28k-€10k▼ 66.1%

Net result€22k-€8k▼ 66.0%

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 66% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €43k

82.2%

17.8%

Equity €35k ▲ 56.3%

Debt €8k ▲ 21.9%

Debt's share of the balance-sheet total falls from 21.7% to 17.8%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

Current ratio

5.62▲

2023 · 4.60

Debt to equity

0.22▼

2023 · 0.28

ROE

21.7%▼

2023 · 100.0%

ROA

17.9%▼

2023 · 78.3%

Debt ≤ 1 year

€8k▲

2023 · €6k

Income taxes

€2k▼

2023 · €6k

Staff costs

€33▼

2023 · €2k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines

Balance sheet Code20232024

Assets

Total assets20/58€29k€43k▲

Current assets29/58€29k€43k▲

Amounts receivable within one year40/41€27k€41k▲

Trade receivables40€23k€39k▲

Other amounts receivable41€4k€3k▼

Cash at bank and in hand54/58€1k€1k▼

Equity and liabilities

Total equity and liabilities10/49€29k€43k▲

Equity10/15€22k€35k▲

Contributions10/11-€5k

Profit (loss) carried forward14€22k€30k▲

Amounts payable17/49€6k€8k▲

Amounts payable within one year42/48€6k€8k▲

Trade debts44€339-

Suppliers440/4€339-

Taxes, remuneration and social security45€6k€8k▲

Taxes450/3€6k€8k▲

Income statement Code20232024

Turnover70€119k€121k▲

Goods, raw materials, services and sundry goods60/61€89k€112k▲

Remuneration, social security and pensions62€2k€33▼

Other operating charges640/8€342-

Gross operating margin9900€30k€10k▼

Operating profit (loss)9901€28k€10k▼

Profit (loss) for the period before taxes9903€28k€10k▼

Income taxes67/77€6k€2k▼

Profit (loss) for the period9904€22k€8k▼

Profit (loss) for the period to be appropriated9905€22k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€22k€30k▲

Profit (loss) brought forward from the previous period14P-€22k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

11-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

03-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

NBB filing

Directors · office · real estate

Directors

3 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, Evere

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.

Kolonel Bourgstraat 123-1251140 Evere

Ground area

2,809 m²

Building footprint

1,531 m²

Volume, LiDAR

18,138 m³

Parcel 21372C0122/00D000, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21372C0122/00D000	Brussels	2,809 m²	1 · 1,531 m²	21.1 m · 5 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

SADRINE

BE 0802.589.381

Anderlecht · Eq €35,010

LOUNAY

BE 0848.769.301

Sint-Agatha-Berchem · Eq €35,027

Antwerpen · Eq €34,828

NETLux

BE 0896.033.441

Saint-Hubert · Eq €34,809

Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,208 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-06-2022

Fiscal year end31-12

Activities, NACEBEL 2025

41001General construction of residential buildings

81210General cleaning of buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.