NSF Invest
ActiveNSF Invest has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €60k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-22
Solvency33▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.85 in 2024; short-term debt: 13.4% and cash: 0% of total assets), and 92.4% 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 →
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
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
7.6%
Return on assets
5.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31544 sector peers (2025).
NBB · sector comparisonPosition among 31544 sector peers
Solvency
better than 15%
← weakest
strongest →
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 28-01-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
28 d late
2023
1 d early
2022
1 d early
2021
53 d early
2020
26 d late
← 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, micro schema
Equity
€81k▲ 0.6%
2024 · €81k
2020: €-16k
2021: €-40k
2022: €9k
2023: €68k
2024: €81k
2020 → 2025
Total assets
€1.07M▼ 5.2%
2024 · €1.13M
2020: €416k
2021: €372k
2022: €355k
2023: €697k
2024: €1.13M
2020 → 2025
Net result
€60k▼ 53.8%
2024 · €131k
2020: €-26k
2021: €-13k
2022: €99k
2023: €114k
2024: €131k
2020 → 2025
Working capital
€-103k▼ 181%
2024 · €-37k
2020: €-50k
2021: €-88k
2022: €-54k
2023: €22k
2024: €-37k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-40k-€9k€68k▲ 622%€81k▲ 18.9%€81k▲ 0.6%
Operating result€-10k-€105k€134k▲ 27.5%€164k▲ 21.8%€90k▼ 45.0%
Net result€-13k-€99k€114k▲ 15.5%€131k▲ 14.5%€60k▼ 53.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€1.03M▲ 11.4%
Current assets
€40k▼ 80.4%
Equity and liabilities €1.07M
Equity
€81k▲ 0.6%
Debt
€987k▼ 5.7%
The debt ratio falls from 92.8% to 92.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▼
2024 · €205k
Cash flow
€99k▼
2024 · €172k
Solvency
7.6%▲
2024 · 7.2%
Current ratio
0.28▼
2024 · 0.85
Quick ratio
0.28▼
2024 · 0.85
Debt / equity
12.11▼
2024 · 12.91
ROE
74.2%▼
2024 · 161.5%
ROA
5.7%▼
2024 · 11.6%
Interest coverage
4.18▼
2024 · 9.52
Debt
€987k▼
2024 · €1.05M
Debt ≤ 1 year
€143k▼
2024 · €241k
Debt > 1 year
€786k▲
2024 · €742k
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€1.13M€1.07M▼
Fixed assets21/28€922k€1.03M▲
Tangible fixed assets22/27€922k€1.03M▲
Land and buildings22€628k€756k▲
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€65k€58k▼
Other tangible fixed assets26€223k€209k▼
Current assets29/58€205k€40k▼
Amounts receivable within one year40/41€201k€33k▼
Other amounts receivable41€201k€33k▼
Cash at bank and in hand54/58€4k€490▼
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.07M▼
Equity10/15€81k€81k▲
Contributions10/11€100€100=
Reserves13€81k€81k▲
Distributable reserves133€81k€81k▲
Amounts payable17/49€1.05M€987k▼
Amounts payable after more than one year17€742k€786k▲
Financial debts170/4€742k€786k▲
Amounts payable within one year42/48€241k€143k▼
Current portion of amounts payable after more than one year42€70k€72k▲
Trade debts44€2k€19k▲
Suppliers440/4€2k€19k▲
Taxes, remuneration and social security45€111k€53k▼
Taxes450/3€111k€53k▼
Other amounts payable47/48€59k-
Accrued charges and deferred income492/3€63k€57k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€38k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€211k€133k▼
Operating profit (loss)9901€164k€90k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€22k€31k▲
Recurring financial charges65€22k€31k▲
Profit (loss) for the period before taxes9903€142k€60k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€131k€60k▼
Profit (loss) for the period to be appropriated9905€131k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€60k▼
Transfer to equity691/2€13k€468▼
To other reserves6921€13k€468▼
Profit to be distributed694/7€118k€60k▼
Return on contributions (dividend)694€50k-
Directors or managers695€68k€60k▼
The notes to these accounts (6 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Highest result since 2020net €131k ▲14.5%
Operating result €164k, net result €131k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity times 12current ratio 1.23
Current ratio from 0.11 to 1.23.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €99k
Net result €99k after 2 loss-making years.
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, De Panne · 1 establishment unit since 2019
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.
Veurnestraat 2508660 De PanneGround area
782 m²
Building footprint
129 m²
Parcel 38008C0332/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
NSF Invest
since 20192.289.426.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38008C0332/00A000 | Flanders | 782 m² | 1 · 129 m² | - |
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.
Similar companies · same sector, comparable size
M.B.B.C.
BE 1003.328.705
Hechtel-Eksel · Eq €81k
PAS IT Consultants
BE 0787.215.871
Elsene · Eq €82k
THYF CORP
BE 0684.911.852
Mons · Eq €81k
MIGALO
BE 1004.909.013
Brussel · Eq €81k
POS EXPERT CONSULTING
BE 1017.944.922
Seneffe · Eq €82k
Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2019
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.