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Northon Services

Active
Private limited companyfounded 201114 yrs activeRassel 19, 1780 Wemmel, BelgiumKBO/BCE: BE 0840.504.208

Northon Services has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 4467 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
78 / 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency80▼-20
Growth58=
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 3.2 in 2024), but 58% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42%
Return on assets
18.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
27 d late
2023
55 d late
2022
28 d late
2021
26 d late
2020
51 d late
2019
133 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€15k▲ 76.7%
2024 · €8k
2018: €16k 2019: €15k 2020: €8k 2021: €3k 2022: €-3k 2023: €913 2024: €8k
2018 → 2025
Total assets
€35k▲ 191%
2024 · €12k
2018: €36k 2019: €27k 2020: €38k 2021: €30k 2022: €21k 2023: €14k 2024: €12k
2018 → 2025
Net result
€6k▼ 13.7%
2024 · €7k
2018: €-2k 2019: €-291 2020: €-7k 2021: €-6k 2022: €-6k 2023: €4k 2024: €7k
2018 → 2025
Working capital
€14k▲ 78.7%
2024 · €8k
2018: €6k 2019: €10k 2020: €2k 2021: €-6k 2022: €-14k 2023: €-9k 2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3k-€-3k€913€8k▲ 800%€15k▲ 76.7%
Operating result€-6k-€-6k▼ 9.5%€4k€8k▲ 94.0%€7k▼ 8.2%
Net result€-6k-€-6k▼ 4.7%€4k€7k▲ 68.0%€6k▼ 13.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €-6k€-6kNet result 2021: €-6k€-6kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €4k€4kNet result 2023: €4k€4kOperating result 2024: €8k€8kNet result 2024: €7k€7kOperating result 2025: €7k€7kNet result 2025: €6k€6k20212022202320242025
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets €200=
Current assets €34k▲ 195%
Equity and liabilities €35k
Equity €15k▲ 76.7%
Debt €20k▲ 450%
The debt ratio rises from 30.7% to 58.0%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
Solvency
42.0%
2024 · 69.3%
Current ratio
1.72
2024 · 3.20
Quick ratio
1.72
2024 · 3.20
Debt / equity
1.38
2024 · 0.44
ROE
43.4%
2024 · 88.9%
ROA
18.2%
2024 · 61.6%
Debt
€20k
2024 · €4k
Debt ≤ 1 year
€20k
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€12k€35k
Fixed assets21/28€200€200=
Financial fixed assets28€200€200=
Current assets29/58€12k€34k
Amounts receivable within one year40/41€100€21k
Trade receivables40-€15k
Other amounts receivable41€100€6k
Cash at bank and in hand54/58€12k€14k
Equity and liabilities
Total equity and liabilities10/49€12k€35k
Equity10/15€8k€15k
Contributions10/11€15k€15k=
Reserves13€99€99=
Non-distributable reserves130/1€99€99=
Reserves not available under the articles1311€99€99=
Profit (loss) carried forward14€-7k€-639
Amounts payable17/49€4k€20k
Amounts payable within one year42/48€4k€20k
Trade debts44€1k€19k
Suppliers440/4€1k€19k
Taxes, remuneration and social security45€3k€769
Taxes450/3€3k€769
Other amounts payable47/48-€277
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€397€817
Non-recurring operating charges66A€5k-
Gross operating margin9900€14k€8k
Operating profit (loss)9901€8k€7k
Financial income75/76B-€160
Recurring financial income75-€160
Financial charges65/66B€343€872
Recurring financial charges65€343€872
Profit (loss) for the period before taxes9903€7k€6k
Profit (loss) for the period9904€7k€6k
Profit (loss) for the period to be appropriated9905€7k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-639
Profit (loss) brought forward from the previous period14P€-14k€-7k

The notes to these accounts (4 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Highest result since 2018net €7k ▲68%
Operating result €8k, net result €7k, both a record.
31-12
Financial Liquidity times 12current ratio 3.20
Current ratio from 0.27 to 3.20; short-term debt falls from €13k to €4k.
24-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial Back to profitnet €4k
Net result €4k after 5 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
11-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-08-2025 Dari Brahim: Resigned as Director
02-02-2018 EL MOUSSAOUI Ali: Resigned as Manager
02-02-2018 EL-HAFIDI Mohamed: Resigned as Manager
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Rassel 191780 Wemmel
Ground area
678 m²
Building footprint
205 m²
Volume, LiDAR
1,881 m³
2 parcels, Brussels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Heembeeksestraat 25, 1120 Brussel
Non-scheduled passenger transport by road
since 20112.203.498.322
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22005A0790/00M004 Flanders 419 m² 1 · 118 m² 12.4 m · 3 fl.
21819D0096/00N000 Brussels 260 m² 1 · 87 m² 11.7 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 6,625 companies in sector 49330 we hold annual accounts for 2,254. 1,944 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-10-2011
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.