Turnover
≈ €37,000 estimated
The micro format states no turnover.
NTBIES
Lifetime
2 annual accounts with figures on one time axispeak €22,358 (2024)
€4,800▼ 78.5%
peak €16,470 (2024)
€2,346▼ 85.8%
peak €22,817 (2025)
€22,817▲ 11.5%
€12,357▼ 41.1%
Board1 name since 2023
1 directorNTABUHASHE CIZIGE Gerard
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €22,358 to €4,800Result from €16,470 to €2,346Debts from €20,983 to €12,357Investments €2,460
Key points
from the 2025 annual accountsInvestments
€2,191 3.5 × depreciation
Green is investment, beige is depreciation.
At the same address
179 companies
2025 accounts filed 25 days after the deadline
Checked score
95
Excellent
Financially stronger than 63% of micro companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,282 companies (NACE 58, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025highest value
08-2025: 0.1%▼ -0.6 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €35,174
lowers risk
Sector: Publishing activities (NACE 58)
Liquidity: current ratio 2.84, cash €10,177
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 58, micro). It does better than 65% of them on solvency, 64% on liquidity, 59% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as NTBIES has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NTBIES itself is lower: 0.1% within 12 months. It rests on far more data about NTBIES than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for NTBIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.84 (2.5 in 2024), above the usual 1.5. Short-term debt is 32% and cash 28.9% of total assets. 35.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
25 days late
2024
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 5 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001972287
Incorporation
Founder: NTABUHASHE CIZIGE Gerard · 4,000 shares · Appointment: NTABUHASHE CIZIGE Gerard (director) · published on 08-11-2023 · Gazette deed
First establishment
Herrmann-Debrouxlaan 54, Auderghem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NTBIES Auderghem | €35,174 | €4,800 | 64.9% | - |
| AP Safety Solutions Bruges | €31,611 | €5,515 | 36.8% | - |
| Mavisoft Peer | €27,527 | €3,870 | -49.6% | - |
| AD Scientific Consulting and Environmental Systems Analytics Auderghem | €26,404 | €13,870 | 60.1% | - |
| Aurum Fitness Application Aartselaar | €34,531 | €10,899 | 53.2% | - |
| NODV Tournai | €55,662 | €9,202 | 92.5% | - |
| Adshim Heist-op-den-Berg | €31,791 | €10,477 | 3.1% | - |
These companies have the same main activity as NTBIES: other software publishing (NACE 58290). They are comparable in size and age: total assets between €26,400 and €55,700, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 06-11-2023Normal situation
- Registered office
- 180 active companies are registered at this address17 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other software publishingNACE 58290and 6 others
- Establishment unit
- 2.351.507.5531160 Auderghem, since 06-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on NTBIES
NTBIES has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,817 and a net result of €2,346.
Its solvency ranks better than 62% of 825 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NTBIES
- What is the company number of NTBIES?
- The company number of NTBIES is 1001.972.287. The VAT number is the same number with BE in front: BE 1001.972.287.
- Where is NTBIES based?
- The registered office is at Herrmann-Debrouxlaan 54, 1160 Auderghem.Company details
- What does NTBIES do?
- According to the KBO register, the main activity is other software publishing (NACE 58290).
- What is the legal form of NTBIES?
- NTBIES is a private limited company (BV).
- When was NTBIES founded?
- NTBIES was founded on 06-11-2023.
- Is NTBIES still active?
- Yes, NTBIES is an active enterprise in the KBO register.
- What is the turnover of NTBIES?
- The turnover in financial year 2025 is ≈ €37,000. This figure is estimated from the gross margin of €4,800 and 6,299 comparable companies of the same size. It probably lies between €17,000 and €88,000. It is a rough estimate.Financials
- Is NTBIES profitable?
- In financial year 2025, NTBIES made a profit of €2,346.
- Where can I find the annual accounts of NTBIES?
- NTBIES filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NTBIES due?
- NTBIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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