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NSF BELGIUM

Active
Private limited companyfounded 200917 yrs activeDe Kleetlaan 12A, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0808.875.377
Summary

NSF BELGIUM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.1m and a net result of €536,625. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 565 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Other professional, scientific and technical activities
NACE 74999NACE 74909
#3 company by staff growth in Machelen, Professional and technical services sector1 site
Size
€4.0mtotal assets 2024
Staff
21.7 FTE
Equity
€3.1m
Profit
€536,625
Turnover not published (abridged schema)
Financial health
58 Fair Checked score 2024
Bankruptcy chance 12 m
0.6%
Structure
Parent
NSF International Strategic Registrations Ltd.
Board
3 members
Auditor: VCLJ BEDRIJFSREVISORENAccounts 67 d overdue
Why 58Capped at 59: a confirmed filing finding- 1 financial year not filed after the legal deadline; latest accounts 180 days late; 3 of the last 3 late+ Founded in 2009+ Liquidity: current ratio 4.24, cash €647,013+ Equity €3.1m (79.3% of total assets)Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 81% of its sector peers (NACE 74, small)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 79.3% of total assets
Liquidity 65+12
short-term debt 18.2% · cash 16.4%
Profitability 86+15
return on assets 13.6%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (190 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.9%▲ +40.1% vs 11-2024 01-2025: 1.5%▲ +66.4% vs 12-2024 02-2025: 1.5%● 0.0% vs 01-2025 03-2025: 1.5%▲ +0.2% vs 02-2025 04-2025: 1.8%▲ +15.9% vs 03-2025 05-2025: 1.6%▼ -10.4% vs 04-2025 06-2025: 1.8%▲ +12.1% vs 05-2025 07-2025: 1.9%▲ +4.7% vs 06-2025 08-2025: 2.2%▲ +15.7% vs 07-2025 09-2025: 2.7%▲ +22.5% vs 08-2025 10-2025: 3.8%▲ +41.6% vs 09-2025 11-2025: 3.5%▼ -6.9% vs 10-2025 12-2025: 4.2%▲ +19.4% vs 11-2025 01-2026: 5.8%▲ +37.8% vs 12-2025highest value 02-2026: 0.3%▼ -94.6% vs 01-2026lowest value 03-2026: 0.4%▲ +17.9% vs 02-2026 04-2026: 0.4%▼ -2.2% vs 03-2026 05-2026: 0.4%▼ -0.8% vs 04-2026 06-2026: 0.4%▲ +10.6% vs 05-2026 07-2026: 0.4%▲ +11.4% vs 06-2026 08-2026: 0.5%▲ +11.3% vs 07-2026 09-2026: 0.5%▲ +6.3% vs 08-2026 10-2026: 0.6%▲ +15.3% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 180 days late; 3 of the last 3 late raises the probability
  • Founded in 2009 lowers the probability for this profile
  • Liquidity: current ratio 4.24, cash €647,013 lowers the probability
  • Equity €3.1m (79.3% of total assets) lowers the probability
Credit up to €180,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.24 against 5.03 in 2023; short-term debt: 18.2% and cash: 16.4% of total assets), and 20.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 74, small). Better than this share of them on solvency 92%, liquidity 75%, profitability 84%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 180 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 4.24, cash €647,013
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €3.1m (79.3% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-01-2026, 180 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
180 d late
2023
230 d late
2022
80 d late
2021
23 d late
2020
27 d late
2019
4 d late
← 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 91 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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
  1. Resignation: Laura Therese Tackett (director)Appointment: Jamie Małkiewicz (director)
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Appointment: VCLJ Bedrijfsrevisoren BV (statutory auditor)Permanent representative: KILIAN Patrick

Key points

  • Positive: Result rose in 2024from €63,014 to €536,625 ▲ 752% View
  • Positive: Among the best 5% on net resultsector median €21,422 · 564 companies €536,625 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Controlled by NSF International Strategic Registrations…known shareholders 100% parent View
  • Positive: 7 profitable years in a rowprofit 2024: €536,625 7 years View
  • Board changedlatest change 27-03-2026 · 3 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Total assets
€4.0m
Profit
€536,625
Solvency
79.3%
Total assets▲ 22.2%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
NSF International Strategic Registrations…
Known shareholders
100%
Auditor
VCLJ BEDRIJFSREVISOREN
Go to Board & ownership

Timeline

Events
30
Since
2011
  1. 14-04-2026Resignation: Laura Therese Tackett (director)
  2. 27-01-2026Annual accounts filed
  3. 06-10-2025Appointment: VCLJ Bedrijfsrevisoren BV (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other professional, scientific and technical activitiesNACE 74999
Founded
07-01-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van…
Go to Articles of association

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