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Generated 02-08-2026
Active BE 0786.957.931Private limited company

NORTH SERVICES

Kolonel Bourgstraat 123-125 ·1140 Evere, Belgium· 4 yrs active
Sector: General cleaning of buildings (81210)
Conclusion Checked

The computed 12-month bankruptcy probability of NORTH SERVICES is 4.5% (elevated). The 2024 annual accounts show equity of €35k and a net result of €8k. Its solvency ranks better than 94% of 1974 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €35k
Net result €8k
Better than sector 94%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health85Profitability78Solvency100Growth48Stability94
81 / 100

Exceptional profile, strong across almost every axis.

Health 85
Profitability 78
Solvency 100
Growth 48
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.5% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
85 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 11-06-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100kRevenue 2023: €119k€119kOperating result 2023: €28k€28kNet result 2023: €22k€22kRevenue 2024: €121k€121kOperating result 2024: €10k€10kNet result 2024: €8k€8k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 81, Cleaning & landscape services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 82.2% 36.6%
better than 94% of 1974 sector peers
Net result €8k €10k
better than 44% of 1966 sector peers
Equity €35k €29k
better than 56% of 1975 sector peers
Gross operating margin €10k €39k
better than 20% of 1964 sector peers
Staff costs €33 €35k
higher than 5% of 904 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€121k
+1.7% +13% vs sector
Net profit
€8k
-66.0% +290% vs sector
Total assets
€43k
+48.8% -33% vs sector
Equity
€35k
+56.3% -14% vs sector
Working capital
€35k
+56.3% +39% vs sector
Staff costs
€33
-98.3% -100% vs sector
Income taxes
€2k
-66.5% +3% vs sector
Debt
€8k
+21.9% -82% vs sector
Debt ≤ 1y
€8k
+21.9% -79% vs sector
Current ratio
5.62
+22.1% +205% vs sector
Quick ratio
5.62
+22.1% +205% vs sector
Solvency
82.2%
+5.0% +78% vs sector
Debt / equity
0.22
-22.0% -81% vs sector
ROE
21.7%
-78.3% far above sector median
ROA
17.9%
-77.2% far above sector median
Net margin
6.3%
-66.6% -80% vs sector
Figures by fiscal year
Fiscal year2024
Revenue€121k
EBITDA-
Net profit€8k
Cash flow-
Staff costs€33
Income taxes€2k
Dividends-
Total assets€43k
Equity€35k
Debt€8k
of which ≤ 1y€8k
of which > 1y-
Working capital€35k
Employees (FTE)-
Ratios (computed)
2024
Current ratio5.62
Quick ratio5.62
Working capital ratio82.2%
Solvency82.2%
Debt / equity0.22
Long-term debt ratio-
Interest coverage-
Gross margin7.9%
Net margin6.3%
ROA17.9%
ROE21.7%
EBITDA margin-
Days sales outstanding117d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Current assets 29/58€43k
Amounts receivable within one year 40/41€41k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€35k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€30k
Amounts payable 17/49€8k
Amounts payable within one year 42/48€8k
Income statement
Turnover 70€121k
Gross operating margin 9900€10k
Operating result 9901€10k
Result before taxes 9903€10k
Income taxes 67/77€2k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary General cleaning of buildings(81210)
Legal form Private limited company(610)
Incorporation09-06-2022
StatusActive
Postal code1140
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
11-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
03-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
04-03-2024
State Gazette act Director changes
2023
31-01-2023
State Gazette act Director changes
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 2 years ago
2024
04-03-2024 Karaman Kuzey resigns as director Director changes
  • Karaman Kuzey, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
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        "name": "Karaman Kuzey",
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-09-30",
      "evidence_quote": "Dhr. Karaman Kuzey, met RR 89.07.10-779.63, wordt ontslagen als bestuurder op 30/09/2023, er wordt volledige decharge gegeven over zijn mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "rep_rotation",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "G\u00FCray Erdogan",
        "address": null,
        "birth_date": null,
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Nieuwe aandelenverhouding: G\u00FCray Erdogan 75% Kuzey Karaman 25%",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-03-04",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2023-09-30",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0786.957.931",
    "name_full": "NORTH SERVICES",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Erdogan Guray",
    "org_rep_person_name": null,
    "person_role_at_subject": "Zaakvoerder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
31-01-2023 Guray ERDOGAN appointed as director Director changes
  • Guray ERDOGAN, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Kuzey Karaman",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": true,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Guray ERDOGAN",
        "address": "1030 Schaarbeek, Fraikinstraat 11 bus 1",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": true,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-01-23",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-01-09",
      "unanimous": true
    },
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-01-09",
      "unanimous": true
    },
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2023-01-09",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0786.957.931",
    "name_full": "NORTH SERVICES",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Kuzey Karaman",
    "org_rep_person_name": null,
    "person_role_at_subject": "Voorzitter"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
Legal nameNL NORTH SERVICES
Registered office
Kolonel Bourgstraat 123-125 bus 14
1140 Evere, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative