NOSHAQ PARTNERS
ActiveNOSHAQ PARTNERS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €4k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 9.6 against 7.49 in 2024; short-term debt: 10.4% and cash: 91.6% of total assets), and 10.4% 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 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
Sector 70
lower
← 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
89.6%
Return on assets
3.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
49 d early
2023
42 d early
2022
49 d early
2021
41 d early
2020
44 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▼ 65.2%
2024 · €13k
2019: €1k
2020: €2k
2021: €10k
2022: €23k
2023: €20k
2024: €13k
2019 → 2025
Working capital
€121k▲ 3.8%
2024 · €117k
2019: €48k
2020: €51k
2021: €61k
2022: €84k
2023: €104k
2024: €117k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€84k▲ 36.8%€104k▲ 23.8%€117k▲ 12.2%€121k▲ 3.8%
Operating result€14k-€31k▲ 117%€28k▼ 11.3%€18k▼ 36.8%€7k▼ 62.8%
Net result€10k-€23k▲ 116%€20k▼ 11.0%€13k▼ 36.8%€4k▼ 65.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 63% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €135k
Equity
€121k▲ 3.8%
Debt
€14k▼ 21.6%
The debt ratio falls from 13.3% to 10.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
89.6%▲
2024 · 86.7%
Current ratio
9.60▲
2024 · 7.49
Quick ratio
9.60▲
2024 · 7.49
Debt / equity
0.12▼
2024 · 0.15
ROE
3.6%▼
2024 · 10.9%
ROA
3.3%▼
2024 · 9.4%
Debt
€14k▼
2024 · €18k
Debt ≤ 1 year
€14k▼
2024 · €18k
Income taxes
€2k▼
2024 · €5k
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€135k€135k▲
Current assets29/58€135k€135k▲
Amounts receivable within one year40/41€24k€11k▼
Trade receivables40€24k€11k▼
Other amounts receivable41€220€395▲
Cash at bank and in hand54/58€111k€124k▲
Equity and liabilities
Total equity and liabilities10/49€135k€135k▲
Equity10/15€117k€121k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€109k€113k▲
Amounts payable17/49€18k€14k▼
Amounts payable within one year42/48€18k€14k▼
Trade debts44€2k€152▼
Suppliers440/4€2k€152▼
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€11k€11k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€758
Other operating charges640/8€969€795▼
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€27k€7k▼
Operating profit (loss)9901€18k€7k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€258€473▲
Recurring financial charges65€258€473▲
Profit (loss) for the period before taxes9903€17k€6k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€13k€4k▼
Profit (loss) for the period to be appropriated9905€13k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€113k▲
Profit (loss) brought forward from the previous period14P€96k€109k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
General meeting · Statutes amendment
Capital increase · Capital
07-08
State Gazette act
General meeting · Board meeting
Director resignation · Permanent representative
30-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
23-03
State Gazette act
Director resignation · Director discharge
General meeting · Director appointment
28-01
State Gazette act
General meeting · Director resignation
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-12
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
19-12
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
30-10
State Gazette act
General meeting · Director resignation
20-10
State Gazette act
Capital increase · Share issue
Bank account · Capital
06-10
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
23-09
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
07-01
State Gazette act
General meeting · Director reappointment
Permanent representative
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
26-08
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
30-07
State Gazette act
General meeting · Legal-form conversion
Purpose change · Statutes amendment
01-07
State Gazette act
General meeting · Capital increase
Capital · Share issue
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
18-09
State Gazette act
General meeting · Director reappointment
Mandate compensation
07-08
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
30-06
Financial
Equity above €100kEq €104k ▲23.8%
5 profitable years in a row build equity to €104k.
01-06
State Gazette act
Board meeting · Director resignation
Director appointment · Board composition
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €23k ▲116%
Operating result €31k, net result €23k, both a record.
28-06
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
01-03
State Gazette act
General meeting · Statutes amendment
Permanent representative
2021
23-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
26-11
State Gazette act
General meeting · Capital increase
Bank account · Capital
05-10
State Gazette act
General meeting · Director reappointment
Director appointment · Permanent representative
29-07
State Gazette act
General meeting · Permanent representative
Director appointment · Member resignation
23-06
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
26-05
State Gazette act
General meeting · Statutes amendment
Director reappointment · Director appointment
14-04
State Gazette act
General meeting · Director appointment
Permanent representative · Auditor appointment
13-04
State Gazette act
General meeting · Director reappointment
Director appointment · Permanent representative
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
02-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
23-11
State Gazette act
General meeting · Director reappointment
Mandate compensation · Board meeting
29-09
State Gazette act
General meeting · Capital increase
Capital · Share issue
26-08
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
28-07
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
09-04
State Gazette act
General meeting · Permanent representative
Director reappointment · Accounting effect
27-01
State Gazette act
General meeting · Capital
Director resignation · Director appointment
21-01
State Gazette act
General meeting · Demerger
Capital decrease · Capital
07-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
28-02
State Gazette act
General meeting · Capital increase
Capital · Share issue
15-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
14-02
State Gazette act
General meeting · Director reappointment
Permanent representative
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
13-09
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
01-08
State Gazette act
General meeting · Share cancellation
Capital increase · Capital
17-07
State Gazette act
General meeting · Capital decrease
Capital increase · Share issue
05-01
State Gazette act
Board meeting · Director appointment
Director resignation · Permanent representative
05-01
State Gazette act
General meeting · Director reappointment
Permanent representative
02-01
State Gazette act
General meeting · Capital decrease
Capital increase · Capital
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
01-12
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
28-07
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
08-03
State Gazette act
General meeting · Capital increase
Legal-form conversion · Registered-office move
27-02
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
2016
23-12
State Gazette act
General meeting · Capital decrease
Share cancellation · Statutes amendment
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
30-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Officer restatement
14-03
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
08-02
State Gazette act
Permanent representative
07-01
State Gazette act
General meeting · Capital increase
Share issue · Capital
2015
25-11
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor appointment
21-09
State Gazette act
General meeting · Share issue
Capital increase · Capital
25-08
State Gazette act
General meeting · Capital increase
Share issue · Bond issuance
14-08
State Gazette act
General meeting · Capital increase
Preemptive rights waiver · Capital
26-06
State Gazette act
General meeting · Capital decrease
Purpose change · Registered-office move
2014
26-02
State Gazette act
General meeting · Director resignation
Permanent representative
2011
10-11
State Gazette act
General meeting · Capital increase
Capital · Share issue
14-06
State Gazette act
General meeting · Purpose change
Statutes amendment · Capital
03-02
State Gazette act
General meeting · Director appointment
Director resignation · Permanent representative
2010
14-07
State Gazette act
General meeting · Share cancellation
Statutes amendment · Capital increase
22-06
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2009
05-10
State Gazette act
General meeting · Capital increase
Capital · Share class
16-07
State Gazette act
General meeting · Capital increase
Capital · Share issue
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Liège · 1 establishment unit since 2016
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.
Rue Lambert-Lombard 34000 LiègeGround area
816 m²
Building footprint
308 m²
Volume, LiDAR
4,633 m³
Parcel 62063A0171/00B000, Wallonia · tallest building 36.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NOSHAQ PARTNERS
since 20162.307.291.983
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62063A0171/00B000 ProtectedMonument |
Wallonia | 816 m² | 1 · 308 m² | 36.4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
23 connected companiesNetwork connections
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Ownership & control
29 partiesNOSHAQ PARTNERSBE 0808.219.836
controls
Where this company holds controlthis company sits on their board29
15 locations
8 locations
4 locations
3 subsidiaries · 1 location
4 locations
3 locations
+23 more
in the list below
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,848 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2008
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@noshaq.be
Phone:+3242216211