NSF Europe
ActiveSummary
NSF Europe has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €815,226. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 61% of 3,863 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-04-1990 Normal situation
- Registered office
- 13 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Business and other management consultancy NACE 70200
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 100 Aanvullend Paritair Comité voor de werklieden · annual accounts 2025
- Establishment unit
- 2.048.244.179 1831 Machelen (Brab.), since 15-05-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- VINCENT BOKSDaily manager
- Laura TackettDirector
- Jamie MalkiewiczDirector · since 27-03-2026
- Auditor
- VCLJ Bedrijfsrevisoren
- NSF International UK Ltd100%annual accounts 2025
- NSF internationalconsolidatesannual accounts 2025
- Holdings
- Shares in 3 companies including EC Bul Ltd and NSF France
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €5.5m
- ▲ 14.1%
- Turnover
- ≈ €10.0m
- estimated
- Profit
- €815,226
- ▲ 6.9%
- Equity
- €4.1m
- ▲ 24.8%
- Total assets
- €6.2m
- ▼ 1.3%
- Employees on 31-12-2025
- 57
- ▲ 11.8%
- 2025 accounts filed 89 days after the deadline
Score breakdownraises riskLast filed accounts filed 89 days late; 3 of the last 3 accounts latelowers riskFounded in 1990Liquidity: current ratio 2.72, cash €849,488Size: 51 FTE, total assets €6.2mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, medium-sized). It does better than 56% of them on solvency, 70% on liquidity, 90% on profitability and 80% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 83 days after 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)
Key points
Recent changes
- · Gazette deed Resignation: Laura Therese Tackett (director)Appointment: Jamie Malkiewicz (director)
- · Gazette deed Company renamed from NSF Euro Consultants to NSF EuropeAppointment: VCLJ BEDRIJFSREVISOREN (statutory auditor)
- · Gazette deed Merger proposal: NSF Euro Consultants takes over NSF BelgiumResignation: Catherine François (director)
Comparable companies
These companies have the same main activity as NSF Europe: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.8m and €10m, founded between 1995 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| NSF Europe Machelen (Brab.) | €6.2m | €5.5m |
| PROBIS Geel | €4.7m | €4.7m |
| Volta Brussel | €3.8m | €5.5m |
| Emelia Gent | €5.7m | €6.4m |
| ORMIT BELGIE Machelen (Brab.) | €5.1m | €5.8m |
| FINANCIAL RESOURCES & PROJECTS Machelen (Brab.) | €3.9m | €4.0m |
| Pulso Europe Leuven | €10.4m | €4.5m |
Key facts about NSF Europe
- What is the company number of NSF Europe?
- The company number of NSF Europe is 0440.521.936. The VAT number is the same number with BE in front: BE 0440.521.936.
- Where is NSF Europe based?
- The registered office is at De Kleetlaan 12A, 1831 Machelen (Brab.).Company details
- What does NSF Europe do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of NSF Europe?
- The legal form of NSF Europe is Public limited company (NV).
- When was NSF Europe founded?
- NSF Europe was founded on 18-04-1990.
- Is NSF Europe still active?
- Yes, NSF Europe is an active enterprise in the KBO register.
- How many employees does NSF Europe have?
- NSF Europe had an average of 51 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NSF Europe fall under?
- In its 2025 annual accounts, NSF Europe states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 100 (Aanvullend Paritair Comité voor de werklieden).
- What is the turnover of NSF Europe?
- The turnover in financial year 2025 is ≈ €10.0m. This figure is estimated from the gross margin of €5.5m and 36 comparable companies (NACE 70200). It probably lies between €7.2m and €13.0m. In financial year 2023 turnover was €8.5m.
- Is NSF Europe profitable?
- In financial year 2025, NSF Europe made a profit of €815,226.
- Where can I find the annual accounts of NSF Europe?
- NSF Europe filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NSF Europe due?
- NSF Europe must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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