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North South

Active
Private limited companyfounded 2010active for 16 yearsErnest Renanlaan 46, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0827.924.395
Summary

North South has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,687 and a net result of €23,484. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 83% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-07-2010 Normal situation
Activity
Activities of building architects NACE 71111and 1 other
Establishment unit
2.190.315.824 1030 Schaarbeek, since 12-07-2010
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€64,481
▼ 34.2%
Turnover
≈ €160,000
estimated
Profit
€23,484
▼ 55.6%
Equity
€166,687
▲ 8.8%
Total assets
€200,074
▲ 4.9%
  • 2025 accounts filed 60 days after the deadline
Score breakdownraises riskLast filed accounts filed 60 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 5.32, cash €65,140Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €166,687 (83.3% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 83.3% of total assets
Liquidity 87+5
short-term debt 16.7% · cash 32.6%
Profitability 83-17
return on assets 11.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.32 (4.36 in 2024), above the usual 1.5. Short-term debt is 16.7% and cash 32.6% of total assets. 16.7% of the assets are financed with debt and provisions.
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 71, micro). It does better than 87% of them on solvency, 77% on liquidity, 54% on profitability and 55% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 5.32, cash €65,140
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Equity €166,687 (83.3% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
29 days late
2023
61 days late
2022
707 days late
2021
86 days late
2020
30 days late
2019
83 days late
← 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 151 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 1 October (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Positive: Higher solvency than 83% of companies in architecture and engineeringsector median 53.9% · 11,772 companies 83.3% View
  • Positive: 8 profitable years in a rowprofit 2025: €23,484 8 years View

Recent changes

  1. · Gazette deed Company renamed from StrubbE-ProoT Architecten to North SouthChanges of role: PROOT Iwein (director) and STRUBBE Anja (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as North South: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €183,000 and €224,000, founded between 2009 and 2011.

CompanyTotal assetsGross margin
North South Schaarbeek€200,074€64,481
ATELIER D'ARCHITECTURE ESTIA Anderlecht€202,805€77,341
Architect Veerle Nys Brussel€202,203€52,636
Advies-ir Assenede€202,609€60,718
MARC COPPENS d 'EECKENBRUGGE ARCHITECTUUR Asse€187,652€67,430
Architecture-Rénovation Conception Aménagement et Décoration Blégny€224,473€61,763
VP ARCHITECTENBUREAU BVBA Zutendaal€183,327€74,061
Full comparison

Key facts about North South

What is the company number of North South?
The company number of North South is 0827.924.395. The VAT number is the same number with BE in front: BE 0827.924.395.
Where is North South based?
The registered office is at Ernest Renanlaan 46, 1030 Schaarbeek.Company details
What does North South do?
According to the KBO register, the main activity is activities of building architects (NACE 71111).
What is the legal form of North South?
The legal form of North South is Private limited company (BV).
When was North South founded?
North South was founded on 19-07-2010.
Is North South still active?
Yes, North South is an active enterprise in the KBO register.
What is the turnover of North South?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €64,481 and 30 comparable companies (NACE 71111). It probably lies between €120,000 and €280,000.Financials
Is North South profitable?
In financial year 2025, North South made a profit of €23,484.
Where can I find the annual accounts of North South?
North South filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of North South due?
North South must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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