NOSE
ActiveSummary
NOSE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €24k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-22
Solvency96▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 2.93 in 2024; short-term debt: 28.5% and cash: 73.4% of total assets), and 28.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.5%
Return on assets
7.1%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
31 d late
2024
68 d late
2023
61 d late
2022
72 d late
2021
85 d late
2020
89 d late
2019
103 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▼ 7.5%
2024 · €268k
Total assets
€346k▼ 10.5%
2024 · €387k
Net result
€24k▼ 77.1%
2024 · €107k
Working capital
€216k▼ 6.4%
2024 · €231k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11k▼ 80.4%€33k▲ 212%€68k▲ 105%€143k▲ 112%€37k▼ 74.1%
Net result€6k▼ 83.3%€23k▲ 253%€47k▲ 108%€107k▲ 128%€24k▼ 77.1%
Equity€162k▲ 4.1%€185k▲ 13.9%€232k▲ 25.3%€268k▲ 15.5%€248k▼ 7.5%
Total assets€227k▲ 19.8%€276k▲ 21.7%€313k▲ 13.3%€387k▲ 23.6%€346k▼ 10.5%
Debt€65k▲ 92.9%€91k▲ 41.5%€81k▼ 10.9%€119k▲ 46.8%€99k▼ 17.2%
Working capital€130k▲ 11.5%€156k▲ 20.5%€212k▲ 35.5%€231k▲ 8.9%€216k▼ 6.4%
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 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346k
Fixed assets
€31k ▼ 14.6%
Current assets
€315k ▼ 10.1%
Equity and liabilities €346k
Equity
€248k ▼ 7.5%
Debt
€99k ▼ 17.2%
Debt's share of the balance-sheet total falls from 30.9% to 28.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €157k
Cash flow
€40k▼
2024 · €120k
Current ratio
3.18▲
2024 · 2.93
Debt to equity
0.40▼
2024 · 0.45
ROE
9.9%▼
2024 · 39.9%
ROA
7.1%▼
2024 · 27.6%
Interest coverage
97.46▼
2024 · 118.83
Debt ≤ 1 year
€99k▼
2024 · €119k
Income taxes
€12k▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €9k | €14k | €15k | ▲ 13.7% |
| Other operating charges640/8 | €286 | €62 | - | €148 | €127 | ▼ 14.4% |
| Gross operating margin9900 | €21k | €43k | €76k | €157k | €53k | ▼ 66.4% |
| Operating profit (loss)9901 | €11k | €33k | €68k | €143k | €37k | ▼ 74.1% |
| Financial income75/76B | €0 | - | €6 | €3 | €6 | ▲ 126% |
| Recurring financial income75 | €0 | - | €6 | €3 | €6 | ▲ 126% |
| Financial charges65/66B | €449 | €315 | €181 | €1k | €539 | ▼ 59.1% |
| Recurring financial charges65 | €449 | €315 | €181 | €1k | €539 | ▼ 59.1% |
| Profit (loss) for the period before taxes9903 | €10k | €33k | €67k | €142k | €37k | ▼ 74.2% |
| Income taxes67/77 | €4k | €10k | €21k | €35k | €12k | ▼ 65.5% |
| Profit (loss) for the period9904 | €6k | €23k | €47k | €107k | €24k | ▼ 77.1% |
| Profit (loss) for the period to be appropriated9905 | €6k | €23k | €47k | €107k | €24k | ▼ 77.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €276k | €313k | €387k | €346k | ▼ 10.5% |
| Fixed assets21/28 | €33k | €28k | €20k | €37k | €31k | ▼ 14.6% |
| Tangible fixed assets22/27 | €32k | €28k | €20k | €37k | €31k | ▼ 14.6% |
| Plant, machinery and equipment23 | €8k | €9k | €5k | €6k | €11k | ▲ 77.9% |
| Furniture and vehicles24 | €24k | €20k | €15k | €30k | €20k | ▼ 33.9% |
| Financial fixed assets28 | €146 | €146 | €146 | €146 | €146 | = |
| Current assets29/58 | €194k | €248k | €293k | €350k | €315k | ▼ 10.1% |
| Amounts receivable within one year40/41 | €36k | €52k | €77k | €59k | €60k | ▲ 1.9% |
| Trade receivables40 | €20k | €51k | €76k | €36k | €37k | ▲ 3.1% |
| Other amounts receivable41 | €16k | €1k | €1k | €23k | €23k | = |
| Cash at bank and in hand54/58 | €158k | €196k | €216k | €291k | €254k | ▼ 12.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €865 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €276k | €313k | €387k | €346k | ▼ 10.5% |
| Equity10/15 | €162k | €185k | €232k | €268k | €248k | ▼ 7.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €108k | €130k | €177k | €213k | €193k | ▼ 9.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €106k | €128k | €175k | €211k | €191k | ▼ 9.5% |
| Profit (loss) carried forward14 | €49k | €49k | €49k | €49k | €49k | = |
| Amounts payable17/49 | €65k | €91k | €81k | €119k | €99k | ▼ 17.2% |
| Amounts payable within one year42/48 | €65k | €91k | €81k | €119k | €99k | ▼ 17.2% |
| Trade debts44 | €25k | €26k | €20k | €43k | €13k | ▼ 69.6% |
| Suppliers440/4 | €25k | €26k | €20k | €43k | €13k | ▼ 69.6% |
| Taxes, remuneration and social security45 | €15k | €34k | €44k | €49k | €30k | ▼ 39.2% |
| Taxes450/3 | €15k | €34k | €44k | €49k | €30k | ▼ 39.2% |
| Other amounts payable47/48 | €25k | €32k | €17k | €27k | €56k | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €23k | €47k | €107k | €24k | ▼ 77.1% |
| + Depreciation and write-downs630 | €10k | €10k | €9k | €14k | €15k | ▲ 13.7% |
| Operating cash flow (approximation) | €17k | €33k | €55k | €120k | €40k | ▼ 66.9% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €-31k | €-10k | ▲ 67.2% |
| Change in cash | - | €38k | €21k | €75k | €-37k | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €107k ▲128%
Operating result €143k, net result €107k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €200kEq €232k ▲25.3%
4 profitable years in a row build equity to €232k.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Equity above €150kEq €156k ▲32.4%
Equity rises from €118k to €156k.
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
Show earlier events
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
17-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2005
Ground area
685 m²
Building footprint
118 m²
Volume, LiDAR
485 m³
Parcel 44074B0573/00B006, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NOSE
since 20052.147.795.477
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074B0573/00B006 | Flanders | 685 m² | 1 · 118 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,010 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,010 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 38,961 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46150Agents in the wholesale of furniture, household goods and hardware
46170Agents in the wholesale of food, beverages and tobacco
82990Other business support services
Contact
E-mail
joeri@insites.beGent
Phone
0496232919Gent
Scores and ratios are computed by Checked and are not a credit decision.