NStrad
ActiveSummary
NStrad has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €745. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 85% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability56▲+56
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 6.14 against 6.35 in 2023; short-term debt: 15.9% and cash: 31.2% of total assets), and 15.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.1%
Return on assets
1.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
55 d early
2022
34 d early
2021
36 d early
2020
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€89k▼ 38.4%
2021 · €144k
EBIT margin
-9.2%▼ 49.9pp
2021 · 40.7%
Net result
€745
2023 · €-23k
Working capital
€31k▼ 0.1%
2023 · €31k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€117k-€144k▲ 22.9%€89k▼ 38.4%
Operating result€22k-€59k▲ 172%€-8k€-23k▼ 177%€2k
Net result€15k-€45k▲ 195%€-8k€-23k▼ 171%€745
EBIT margin18.4%-40.7%▲ 22.3pp-9.2%▼ 49.9pp
Equity€18k-€63k▲ 253%€54k▼ 13.4%€31k▼ 42.1%€32k▲ 2.4%
Total assets€35k-€102k▲ 189%€82k▼ 19.9%€39k▼ 52.9%€38k▼ 0.9%
Debt€18k-€40k▲ 125%€28k▼ 30.2%€7k▼ 74.0%€6k▼ 15.5%
Working capital€19k-€67k▲ 257%€57k▼ 16.2%€31k▼ 44.7%€31k▼ 0.1%
Staff (FTE)1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €23k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€947 ▼ 36.9%
Current assets
€37k ▲ 0.5%
Equity and liabilities €38k
Equity
€32k ▲ 2.4%
Debt
€6k ▼ 15.5%
Debt's share of the balance-sheet total falls from 18.6% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▲
2023 · €-22k
Cash flow
€1k▲
2023 · €-22k
Current ratio
6.14▼
2023 · 6.35
Debt to equity
0.19▼
2023 · 0.23
ROE
2.3%▲
2023 · -72.7%
ROA
1.9%▲
2023 · -59.2%
Interest coverage
4.21▲
2023 · -23.28
Debt ≤ 1 year
€6k▲
2023 · €6k
Income taxes
€665▲
2023 · €-850
Staff costs
€31k▼
2023 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €117k | €144k | €89k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €60k | €71k | - | - | - |
| Remuneration, social security and pensions62 | - | €25k | €26k | €45k | €31k | ▼ 30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €581 | €689 | €689 | €553 | ▼ 19.7% |
| Other operating charges640/8 | - | - | €39 | - | - | - |
| Gross operating margin9900 | €48k | €84k | €18k | €23k | €33k | ▲ 48.6% |
| Operating profit (loss)9901 | €22k | €59k | €-8k | €-23k | €2k | ▲ 109% |
| Financial income75/76B | - | €93 | €272 | - | €37 | - |
| Recurring financial income75 | €100 | €93 | €272 | - | €37 | - |
| Financial charges65/66B | - | €1k | €489 | €948 | €600 | ▼ 36.7% |
| Recurring financial charges65 | €2k | €1k | €489 | €948 | €600 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | €20k | €58k | €-8k | €-24k | €1k | ▲ 106% |
| Income taxes67/77 | €4k | €13k | - | €-850 | €665 | ▲ 178% |
| Profit (loss) for the period9904 | €15k | €45k | €-8k | €-23k | €745 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €15k | €45k | €-8k | €-23k | €745 | ▲ 103% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35k | €102k | €82k | €39k | €38k | ▼ 0.9% |
| Fixed assets21/28 | €984 | €3k | €2k | €2k | €947 | ▼ 36.9% |
| Intangible fixed assets21 | €784 | €2k | €2k | €1k | €567 | ▼ 49.4% |
| Financial fixed assets28 | €200 | €200 | €380 | €380 | €380 | = |
| Current assets29/58 | €34k | €100k | €80k | €37k | €37k | ▲ 0.5% |
| Amounts receivable within one year40/41 | €11k | €26k | €31k | €17k | €25k | ▲ 49.8% |
| Trade receivables40 | - | €19k | €22k | €10k | €18k | ▲ 88.8% |
| Other amounts receivable41 | - | €6k | €9k | €7k | €7k | ▼ 0.5% |
| Cash at bank and in hand54/58 | €23k | €74k | €49k | €20k | €12k | ▼ 40.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35k | €102k | €82k | €39k | €38k | ▼ 0.9% |
| Equity10/15 | €18k | €63k | €54k | €31k | €32k | ▲ 2.4% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €15k | €60k | €52k | €29k | €30k | ▲ 2.6% |
| Amounts payable17/49 | €18k | €40k | €28k | €7k | €6k | ▼ 15.5% |
| Amounts payable after more than one year17 | €2k | €7k | €4k | €1k | - | - |
| Financial debts170/4 | - | €7k | €4k | €1k | - | - |
| Amounts payable within one year42/48 | €15k | €32k | €23k | €6k | €6k | ▲ 3.8% |
| Current portion of amounts payable after more than one year42 | - | €3k | €3k | €3k | €1k | ▼ 57.2% |
| Trade debts44 | €3k | €3k | €4k | €1k | €2k | ▲ 67.8% |
| Suppliers440/4 | - | €3k | €4k | €1k | €2k | ▲ 67.8% |
| Advances received on contracts in progress46 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | - | €26k | €17k | €1k | €970 | ▼ 33.1% |
| Taxes450/3 | - | €23k | €13k | €1k | €944 | ▼ 32.3% |
| Remuneration and social security454/9 | - | €4k | €4k | €55 | €26 | ▼ 52.7% |
| Other amounts payable47/48 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €45k | €-8k | €-23k | €745 | ▲ 103% |
| + Depreciation and write-downs630 | €2k | €581 | €689 | €689 | €553 | ▼ 19.7% |
| Operating cash flow (approximation) | €17k | €46k | €-8k | €-22k | €1k | ▲ 106% |
| Investment in fixed assets (approximation) | - | €-2k | €-180 | €0 | €0 | - |
| Change in cash | - | €51k | €-25k | €-29k | €-8k | ▲ 71.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €745
Net result €745 after 2 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €45k ▲195%
Operating result €59k, net result €45k, both a record.
24-06
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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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, Fleurus · 1 establishment unit since 2019
Ground area
1,177 m²
Building footprint
80 m²
Volume, LiDAR
585 m³
Parcel 52071C0254/00R002, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Château(WB) 35, 6224 Fleurus
since 20192.291.078.731
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52071C0254/00R002 | Wallonia | 1,176 m² | 1 · 79 m² | 9.7 m · 2 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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Of 4,528 companies in sector 74301 we hold annual accounts for 720. 595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
82100Office administrative and support services
82990Other business support services
85599Other education
Contact
E-mail
nstrad01@nstrad.be
Scores and ratios are computed by Checked and are not a credit decision.