NS&GO
ActiveSummary
The computed 12-month bankruptcy probability of NS&GO is 3.0% (moderate). The 2025 annual accounts show equity of €30,152 and a net result of €4,085. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 35% of 18973 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112
1 site
How big
€183,790total assets 2025
- Equity
- €30,152
- Profit
- €4,085
Turnover not published (abridged schema)
Who decides
Accounts filed 2 d late0 of 1 deed read
Why 49- Limited track record- Higher-failure-rate region- Higher-failure-rate sectorFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+58
Solvency41▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.15 in 2024; short-term debt: 83.6% and cash: 25% of total assets), and 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 6 filingsDeviation from the deadline
2025
2 d late
2024
28 d late
2023
on the day
2022
on the day
2021
3 d early
2020
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €4,085
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €183,790Profit €4,085Solvency 16.4%Liquidity 1.18
Total assets
€183,790▲ 0.9%
2020 - 2025
Net result
€4,085
2020 - 2025
Equity
€30,152▲ 15.7%
2020 - 2025
Staff (FTE)
1▲ 42.9%
2020 - 2021
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16,760▼ 29.7%€9,063▼ 45.9%-€5,806-€8,771▼ 51.1%€5,844
Net result€10,186within the sector's middle half▼ 35.3%€6,193within the sector's middle half▼ 39.2%-€9,599below the sector's middle half-€11,450below the sector's middle half▼ 19.3%€4,085within the sector's middle half
Equity€40,925within the sector's middle half▲ 33.1%€47,117within the sector's middle half▲ 15.1%€37,518within the sector's middle half▼ 20.4%€26,068within the sector's middle half▼ 30.5%€30,152within the sector's middle half▲ 15.7%
Total assets€200,593within the sector's middle half▼ 6.9%€182,868within the sector's middle half▼ 8.8%€177,499within the sector's middle half▼ 2.9%€182,127within the sector's middle half▲ 2.6%€183,790within the sector's middle half▲ 0.9%
Debt€159,669▼ 13.5%€135,750▼ 15.0%€139,981▲ 3.1%€156,059▲ 11.5%€153,638▼ 1.6%
Working capital€31,900within the sector's middle half▲ 54.2%€37,425within the sector's middle half▲ 17.3%€30,733within the sector's middle half▼ 17.9%€22,991within the sector's middle half▼ 25.2%€27,274within the sector's middle half▲ 18.6%
Solvency20.4%within the sector's middle half▲ 6.1pp25.8%within the sector's middle half▲ 5.4pp21.1%within the sector's middle half▼ 4.6pp14.3%within the sector's middle half▼ 6.8pp16.4%within the sector's middle half▲ 2.1pp
Current ratio1.20within the sector's middle half▲ 0.091.28within the sector's middle half▲ 0.081.22within the sector's middle half▼ 0.061.15within the sector's middle half▼ 0.071.18within the sector's middle half▲ 0.03
Return on assets (ROA)5.1%within the sector's middle half▼ 2.2pp3.4%within the sector's middle half▼ 1.7pp-5.4%below the sector's middle half▼ 8.8pp-6.3%below the sector's middle half▼ 0.9pp2.2%within the sector's middle half▲ 8.5pp
Staff (FTE)1▲ 42.9%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,844 after a loss of €8,771 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €183,790
Fixed assets
€2,879 ▼ 16.9%
Current assets
€180,912 ▲ 1.3%
Equity and liabilities €183,790
Equity
€30,152 ▲ 15.7%
Debt
€153,638 ▼ 1.6%
Debt's share of the balance-sheet total falls from 85.7% to 83.6%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€7,659▲
2024 · -€5,450
Cash flow
€5,899▲
2024 · -€8,130
Quick ratio
0.33▼
2024 · 0.48
Debt to equity
5.10▼
2024 · 5.99
ROE
13.5%▲
2024 · -43.9%
Interest coverage
5.67▲
2024 · -3.02
Debt ≤ 1 year
€153,638▼
2024 · €155,672
Income taxes
€414▼
2024 · €1,000
Staff costs
€1,520▼
2024 · €1,527
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €15,405 | €21,458 | €1,527 | €1,520 | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,874 | €3,337 | €4,026 | €3,320 | €1,815 | ▼ 45.4% |
| Other operating charges640/8 | - | €10,068 | €6,749 | €8,168 | €5,214 | ▼ 36.2% |
| Gross operating margin9900 | €26,566 | €37,873 | €26,427 | €4,244 | €14,393 | ▲ 239% |
| Operating profit (loss)9901 | €16,760 | €9,063 | -€5,806 | -€8,771 | €5,844 | ▲ 167% |
| Financial income75/76B | - | - | €401 | €125 | €5 | ▼ 96.1% |
| Recurring financial income75 | €38 | - | €401 | €125 | €5 | ▼ 96.1% |
| Financial charges65/66B | - | €2,871 | €2,194 | €1,804 | €1,350 | ▼ 25.2% |
| Recurring financial charges65 | €2,946 | €2,871 | €2,194 | €1,804 | €1,350 | ▼ 25.2% |
| Profit (loss) for the period before taxes9903 | €13,852 | €6,193 | -€7,599 | -€10,450 | €4,499 | ▲ 143% |
| Income taxes67/77 | €3,665 | - | €2,000 | €1,000 | €414 | ▼ 58.6% |
| Profit (loss) for the period9904 | €10,186 | €6,193 | -€9,599 | -€11,450 | €4,085 | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | €10,186 | €6,193 | -€9,599 | -€11,450 | €4,085 | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200,593 | €182,868 | €177,499 | €182,127 | €183,790 | ▲ 0.9% |
| Fixed assets21/28 | €9,024 | €9,692 | €6,785 | €3,464 | €2,879 | ▼ 16.9% |
| Tangible fixed assets22/27 | €9,024 | €9,692 | €6,785 | €3,464 | €2,879 | ▼ 16.9% |
| Plant, machinery and equipment23 | - | €4,179 | €3,217 | €2,290 | €1,763 | ▼ 23.0% |
| Furniture and vehicles24 | - | €5,513 | €3,568 | €1,174 | €1,116 | ▼ 5.0% |
| Current assets29/58 | €191,569 | €173,176 | €170,714 | €178,662 | €180,912 | ▲ 1.3% |
| Stocks and contracts in progress3 | €103,816 | €82,715 | €110,394 | €103,962 | €129,632 | ▲ 24.7% |
| Stocks30/36 | - | €82,715 | €110,394 | €103,962 | €129,632 | ▲ 24.7% |
| Amounts receivable within one year40/41 | €245 | €17,943 | €12,788 | €11,455 | €4,080 | ▼ 64.4% |
| Trade receivables40 | - | €16,836 | €915 | €9,832 | - | - |
| Other amounts receivable41 | - | €1,107 | €11,874 | €1,623 | €4,080 | ▲ 151% |
| Cash at bank and in hand54/58 | €86,795 | €72,518 | €46,573 | €61,348 | €46,021 | ▼ 25.0% |
| Deferred charges and accrued income490/1 | - | - | €959 | €1,898 | €1,179 | ▼ 37.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200,593 | €182,868 | €177,499 | €182,127 | €183,790 | ▲ 0.9% |
| Equity10/15 | €40,925 | €47,117 | €37,518 | €26,068 | €30,152 | ▲ 15.7% |
| Contributions10/11 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €25,925 | €32,117 | €22,518 | €11,068 | €15,152 | ▲ 36.9% |
| Amounts payable17/49 | €159,669 | €135,750 | €139,981 | €156,059 | €153,638 | ▼ 1.6% |
| Amounts payable within one year42/48 | €159,669 | €135,750 | €139,981 | €155,672 | €153,638 | ▼ 1.3% |
| Trade debts44 | €17,539 | €11,317 | €11,063 | €18,700 | €22,119 | ▲ 18.3% |
| Suppliers440/4 | - | €11,317 | €11,063 | €18,700 | €22,119 | ▲ 18.3% |
| Taxes, remuneration and social security45 | - | €3,681 | €8,533 | €22,387 | €16,094 | ▼ 28.1% |
| Taxes450/3 | - | €3,666 | €3,666 | €12,491 | €6,704 | ▼ 46.3% |
| Remuneration and social security454/9 | - | €15 | €4,867 | €9,896 | €9,390 | ▼ 5.1% |
| Other amounts payable47/48 | - | €120,752 | €120,385 | €114,584 | €115,425 | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | €387 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,186 | €6,193 | -€9,599 | -€11,450 | €4,085 | ▲ 136% |
| + Depreciation and write-downs630 | €2,874 | €3,337 | €4,026 | €3,320 | €1,815 | ▼ 45.4% |
| Operating cash flow (approximation) | €13,060 | €9,530 | -€5,573 | -€8,130 | €5,899 | ▲ 173% |
| Investment in fixed assets (approximation) | - | -€4,005 | -€1,119 | €0 | -€1,229 | - |
| Change in cash | - | -€14,277 | -€25,945 | €14,775 | -€15,327 | ▼ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
D.V.T.U.
BE 0746.853.676
Tubize · Eq €30,145
MAZAR
BE 0724.482.211
Ukkel · Eq €30,162
NIHAD MARKET
BE 0744.540.326
Anderlecht · Eq €30,130
Comptoir Paysan
BE 0759.376.178
Beauraing · Eq €30,112
MAIDAH
BE 0759.621.153
Anderlecht · Eq €30,199
Of 10,515 companies in this sector we hold annual accounts for 5,855. 4,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
8 eventsLatest 02-02-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Back to profitnet €4,085
Net result €4,085 after 2 loss-making years.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Weakest financial yearnet -€11,450
Net result drops to -€11,450, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrusselunit no. 2.290.612.339
Company details
Private limited company · founded 27-06-2019Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728933620
Registered
19-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
324 m²
Building footprint
101 m²
Volume, LiDAR
872 m³
Parcel 21819C0054/00X003, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NS&GO
since 2019unit no. 2.290.612.339
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0054/00X003 | Brussels | 324 m² | 1 · 101 m² | 12.0 m · 3 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.
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