Equity
€21,551 ▼ 67.6%
NPEC paid out €65,500 in dividends. That is 319% of the 2025 profit.
NPEC
Overview
Lifetime
4 annual accounts with figures on one time axispeak €44,295 (2022)
€32,508▲ 31.6%
peak €31,646 (2022)
€20,507▲ 28.2%
peak €66,544 (2024)
€21,551▼ 67.6%
€60,630▲ 523%
Board1 name since 2022
1 directorPEETERS Nathalie Charlotte Jean-Marie
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €24,702 to €32,508Result from €15,994 to €20,507Dividend €65,500Equity from €66,544 to €21,551Debts from €9,735 to €60,630Cash from €42,696 to €63,692
Key points
from the 2025 annual accountsTurnover
≈ €95,000 estimated
The micro format states no turnover.
Debts
€60,630 ▲ 523%
Debts rose by €50,895 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.31 was 7.54 in 2024
Short-term debts rose from €9,735 to €60,630.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 38 to 113 days before the end of the period.
Starting capital
€1,000 100 shares
Checked score
92
Excellent
Financially stronger than 39% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
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%▲ +0.1 percentage points vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.31, cash €63,692
Size: total assets €82,182
Figures for financial year 2025 (filed on 23-06-2026)
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 70, micro). It does better than 28% of them on solvency, 52% on liquidity, 69% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as NPEC has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NPEC itself is lower: < 0.1% within 12 months. It rests on far more data about NPEC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for NPEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (7.54 in 2024), below the usual 1.5. Short-term debt is 73.8% and cash 77.5% of total assets. 73.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
38 days early
2024
113 days early
2023
41 days early
2022
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 60 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 18 June (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0782654792
Incorporation
Founding capital of €1,000, 100 shares · Appointment: PEETERS Nathalie Charlotte Jean-Marie (director) · Registered office clause: Stokkelse Steenweg 306/5, 1200 Sint-Lambrechts-Woluwe · published on 01-03-2022 · Gazette deed
First establishment
Stokkelse steenweg 306, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NPEC Woluwe-Saint-Lambert | €82,182 | €32,508 | 26.2% | - |
| REAL STRATEGIES NOW Woluwe-Saint-Lambert | €70,888 | €31,268 | 36.9% | - |
| ONE PHANTOM Uccle | €78,408 | €33,433 | 4.4% | - |
| AAB MANAGEMENT Evere | €81,486 | €29,682 | 7.1% | - |
| Masi Consulting Schaerbeek | €75,836 | €30,883 | 66.1% | - |
| WHO'S DOYLE Ganshoren | €81,209 | €29,431 | 8.7% | - |
| IMCH CONSULTING Sint-Gillis (bij-Brussel) | €91,615 | €34,819 | 81.2% | - |
These companies have the same main activity as NPEC: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €70,900 and €91,600, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 25-02-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.328.300.4031200 Woluwe-Saint-Lambert, since 25-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 16-04-2025
Annual accounts 2025
- €32,508▲ 31.6%
- €20,507▲ 28.2%
- €21,551▼ 67.6%
- €82,182▲ 7.7%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on NPEC
NPEC files the micro format. That format states no turnover. The gross margin fell from €44,295 in 2022 to €32,508 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-06-2026, 38 days before the deadline€32,508
▲ 31.6%
€30,156
▲ 37.6%
€20,507
▲ 28.2%
€19,079
▼ 70.0%
26.2%
▼ 61.0 percentage points
1.31
▼ 6.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €95,000. Estimated: probably between €57,000 and €130,000.
Balance sheet
balance sheet total €82,182 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
26.2%
Higher than 27% of 39,360 companies in 2025.
1.31
Higher than 35% of 38,044 companies in 2025.
25.0%
Higher than 65% of 38,516 companies in 2025.
NPEC
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
82,182 | 76,279 | 62,094 | 48,037 | |
21/28 |
2,472 | 2,884 | 4,616 | 4,433 | |
22/27 |
2,472 | 2,884 | 4,616 | 4,433 | |
24 |
2,472 | 2,884 | 4,616 | 4,433 | |
29/58 |
79,710 | 73,395 | 57,477 | 43,603 | |
40/41 |
12,493 | 27,202 | 28,566 | 10,069 | |
40 |
12,090 | 26,609 | 28,033 | 9,322 | |
41 |
403 | 593 | 532 | 747 | |
54/58 |
63,692 | 42,696 | 26,378 | 29,898 | |
490/1 |
3,526 | 3,497 | 2,533 | 3,636 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
82,182 | 76,279 | 62,094 | 48,037 | |
10/15 |
21,551 | 66,544 | 50,550 | 32,646 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
13 |
20,507 | - | - | - | |
133 |
20,507 | - | - | - | |
14 |
44 | 65,544 | 49,550 | 31,646 | |
17/49 |
60,630 | 9,735 | 11,544 | 15,390 | |
42/48 |
60,630 | 9,735 | 11,544 | 15,390 | |
44 |
1,455 | 2,543 | 3,286 | 2,694 | |
440/4 |
1,455 | 2,543 | 3,286 | 2,694 | |
45 |
3,284 | 1,697 | 5,624 | 8,739 | |
450/3 |
3,284 | 1,697 | 5,624 | 8,739 | |
47/48 |
55,891 | 5,496 | 2,635 | 3,957 | |
| Income statement | |||||
9900 |
32,508 | 24,702 | 26,022 | 44,295 | |
630 |
1,779 | 1,733 | 1,300 | 832 | |
640/8 |
573 | 1,054 | 536 | 3,122 | |
9901 |
30,156 | 21,914 | 24,186 | 40,341 | |
75/76B |
- | - | 4 | 201 | |
75 |
- | - | 4 | 201 | |
65/66B |
364 | 629 | 663 | 157 | |
65 |
364 | 629 | 663 | 157 | |
9903 |
29,792 | 21,286 | 23,527 | 40,385 | |
67/77 |
9,284 | 5,292 | 5,624 | 8,739 | |
9904 |
20,507 | 15,994 | 17,903 | 31,646 | |
9905 |
20,507 | 15,994 | 17,903 | 31,646 | |
| Appropriation of the result | |||||
9906 |
86,051 | 65,544 | 49,550 | 31,646 | |
14P |
65,544 | 49,550 | 31,646 | - | |
691/2 |
20,507 | - | - | - | |
6921 |
20,507 | - | - | - | |
694/7 |
65,500 | - | - | - | |
694 |
65,500 | - | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 31,935 | 23,647 | 25,486 | 41,173 | ||
| 22,287 | 17,727 | 19,203 | 32,479 | ||
| 1,367 | 0 | 1,483 | 5,266 | ||
| 20,995 | 16,318 | -3,520 | - | ||
| 19,079 | 63,660 | 45,933 | 28,213 | ||
| 26.2% | 87.2% | 81.4% | 68.0% | ||
| 1.31 | 7.54 | 4.98 | 2.83 | ||
| 2.81 | 0.15 | 0.23 | 0.47 | ||
| 95.2% | 24.0% | 35.4% | 96.9% | ||
| 25.0% | 21.0% | 28.8% | 65.9% | ||
| 87.74 | 37.62 | 38.43 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,367 | - | €1,483 | €5,266 |
| €1,779 | €1,733 | €1,300 | €832 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NPEC
The operating result for 2025 is 38% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 12.8% to 73.8%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
since 25-02-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 23-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten…”deed of 01-03-2022
Mandates through the years
1 name, the dashed line is todayBoard
Mandates as a list
- PEETERS Nathalie Charlotte Jean-Marie
- Director, from 25-02-2022 to date
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €216 in 2025
- Source
- deed of 01-03-2022
Articles of association
deed of 01-03-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft kopers naar evenredigheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June
Network & group
No group
NPEC has no parent and no holdings in its annual accounts. PEETERS Nathalie Charlotte Jean-Marie is the only director. NPEC shares no director with another company.
At the same address
Stokkelse Steenweg 306, 1200 Woluwe-Saint-Lambert · 4 other companies| TAX AND FINANCE CONSULTING
registered office since 24-09-1998 · founded in 1998 |
total assets €836,644 (2025) 0464.164.794 |
| JETE
establishment since 23-11-1988 · founded in 1988 |
total assets €480,125 (2025) 0435.356.586 |
| SHIFT SERVICES
establishment since 25-01-2008 · founded in 2008 · negative equity (2025) |
total assets €86,045 (2025) 0895.478.165 |
| Cappelli, Marco (sole trader)
establishment since 01-11-2023 |
founded in 2023 1001.608.736 |
Timeline
Timeline
7 events since 2022Filings
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 38 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0782654792
Annual accounts 2024 filed PDFmicro format · 113 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 41 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 47 days before the deadline
2022
IncorporationFounding capital of €1,000, 100 shares · Appointment: PEETERS Nathalie Charlotte Jean-Marie (director) · Registered office clause: Stokkelse Steenweg 306/5, 1200 Sint-Lambrechts-Woluwe · published on 01-03-20224 points ▸
- Founding capital, €1,000, 100 shares
- Registered office clause, Stokkelse Steenweg 306/5, 1200 Sint-Lambrechts-Woluwe
- Board rule, 1
- Director appointment, PEETERS Nathalie Charlotte Jean-Marie
- The deed holds 4 more points.
First establishment Stokkelse steenweg 306, Woluwe-Saint-Lambert
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 25 February 2022, NPEC was incorporated as a private limited company, with a starting capital of €1,000.12 PEETERS Nathalie Charlotte Jean-Marie has served as director since 2022.3 Total assets went from €48,037 in 2022 to €82,182 in 2025.4
Company details
Identity
- Enterprise number
- 0782.654.792
- VAT number
- BE 0782.654.792
- Peppol ID
- 0208:0782654792
- Other Peppol ID
- 9925:BE0782654792
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-02-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of Junedeed of 01-03-2022 (in Dutch)
- Peppol
- Reachable since 16-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NPEC in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 01-03-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Brussels Hoofdstedelijke Gewest”deed of 01-03-2022 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwikkeling van residentiële en nietresidentiële bouwprojecten; Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van…”deed of 01-03-2022 (in Dutch)
8 activities
- Ontwikkeling van residentiële en nietresidentiële bouwprojecten;
- Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen;
- Alle verrichtingen,studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan en verkoop,de bouw,de verbouwing,de aanpassing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling;
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten;
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- Projectmanagement voor vastgoedprojecten;
- Advies op het gebied van bedrijfsvoering;
- Overige zakelijke dienstverlening.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Stokkelse steenweg 306 registered office 1200 Woluwe-Saint-Lambert | 25-02-2022 | 2.328.300.403 |
Buildings and parcels at the address
- Ground area
- 2,054 m²
- Buildings
- 1,095 m²
- Volume, LiDAR
- 9,845 m³
- Tallest building
- 19.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21018B0172/00V000 | 2,053 m² | 1 · 1,095 m² | 19.4 m · 2 |