Summary
NTBISS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €143,514 and a net result of €10,769. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 64% of 9,732 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00386567.
Equity
€143,514▲ 8.1%
2024 · €132,745
Net result
€10,769▲ 14.9%
2024 · €9,374
Total assets
€214,148▼ 5.3%
2024 · €226,198
Solvency
67.0%▲ 8.3pp
2024 · 58.7%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 61% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€6,881
2025
Net result€10,769
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€214,148
2025
Equity€143,514
2025
Debt€70,634
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2,672
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency67.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.96
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€10,208--€2,982▲ 70.8%€28,333€26,628▼ 6.0%€14,022▼ 47.3%€2,764▼ 80.3%€17,813▲ 544%€6,881▼ 61.4%
Net result€1,738--€5,594€20,468within the sector's middle half€18,193within the sector's middle half▼ 11.1%€9,930within the sector's middle half▼ 45.4%€28,178within the sector's middle half▲ 184%€9,374within the sector's middle half▼ 66.7%€10,769within the sector's middle half▲ 14.9%
Equity€136,521-€130,927▼ 4.1%€151,395within the sector's middle half▲ 15.6%€141,963within the sector's middle half▼ 6.2%€151,894within the sector's middle half▲ 7.0%€180,072within the sector's middle half▲ 18.6%€132,745within the sector's middle half▼ 26.3%€143,514within the sector's middle half▲ 8.1%
Total assets€194,704-€191,815▼ 1.5%€180,089within the sector's middle half▼ 6.1%€189,593within the sector's middle half▲ 5.3%€187,949within the sector's middle half▼ 0.9%€212,543within the sector's middle half▲ 13.1%€226,198within the sector's middle half▲ 6.4%€214,148within the sector's middle half▼ 5.3%
Debt€58,183-€60,888▲ 4.6%€28,694▼ 52.9%€47,630▲ 66.0%€36,055▼ 24.3%€32,472▼ 9.9%€93,453▲ 188%€70,634▼ 24.4%
Working capital€11,390-€3,895▼ 65.8%-€407within the sector's middle half€3,056within the sector's middle half€668within the sector's middle half▼ 78.1%€22,022within the sector's middle half▲ 33×€13,938within the sector's middle half▼ 36.7%-€2,672within the sector's middle half
Solvency70.1%-68.3%▼ 1.9pp84.1%above the sector's middle half▲ 15.8pp74.9%within the sector's middle half▼ 9.2pp80.8%above the sector's middle half▲ 5.9pp84.7%above the sector's middle half▲ 3.9pp58.7%within the sector's middle half▼ 26.0pp67.0%within the sector's middle half▲ 8.3pp
Current ratio1.58-1.14▼ 0.440.97within the sector's middle half▼ 0.171.11within the sector's middle half▲ 0.141.02within the sector's middle half▼ 0.091.68within the sector's middle half▲ 0.661.24within the sector's middle half▼ 0.440.96within the sector's middle half▼ 0.29
Return on assets (ROA)0.9%--2.9%▼ 3.8pp11.4%within the sector's middle half▲ 14.3pp9.6%within the sector's middle half▼ 1.8pp5.3%within the sector's middle half▼ 4.3pp13.3%within the sector's middle half▲ 8.0pp4.1%within the sector's middle half▼ 9.1pp5.0%within the sector's middle half▲ 0.9pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214,148
Fixed assets
€156,134 ▲ 1.0%
Current assets
€58,014 ▼ 19.1%
Equity and liabilities €214,148
Equity
€143,514 ▲ 8.1%
Debt
€70,634 ▼ 24.4%
Debt's share of the balance-sheet total falls from 41.3% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
7.5%▲
2024 · 7.1%
Debt ≤ 1 year
€60,687▲
2024 · €57,745
Debt > 1 year
€9,948▼
2024 · €35,447
Income taxes
€3,717▼
2024 · €6,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,691 | €2,892 | €5,877 | €5,644 | €4,678 | €3,847 | €3,534 | €3,845 | ▲ 8.8% |
| Other operating charges640/8 | - | - | - | €194 | €336 | €1,939 | €358 | €877 | ▲ 145% |
| Gross operating margin9900 | -€6,312 | €469 | €34,311 | €32,466 | €19,036 | €8,551 | €21,706 | €11,603 | ▼ 46.5% |
| Operating profit (loss)9901 | -€10,208 | -€2,982 | €28,333 | €26,628 | €14,022 | €2,764 | €17,813 | €6,881 | ▼ 61.4% |
| Financial income75/76B | - | - | - | €1 | €45 | €30,000 | €0 | €10,024 | ▲ 29,483× |
| Recurring financial income75 | €15,091 | €12 | €2 | €1 | €45 | €30,000 | €0 | €10,024 | ▲ 29,483× |
| Financial charges65/66B | - | - | - | €687 | €1,242 | €467 | €2,049 | €2,420 | ▲ 18.1% |
| Recurring financial charges65 | €2,810 | €2,463 | €2,320 | €687 | €1,242 | €467 | €2,049 | €2,420 | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €2,073 | -€5,433 | €26,015 | €25,942 | €12,825 | €32,297 | €15,765 | €14,486 | ▼ 8.1% |
| Income taxes67/77 | €336 | €161 | €5,547 | €7,749 | €2,895 | €4,119 | €6,391 | €3,717 | ▼ 41.8% |
| Profit (loss) for the period9904 | €1,738 | -€5,594 | €20,468 | €18,193 | €9,930 | €28,178 | €9,374 | €10,769 | ▲ 14.9% |
| Profit (loss) for the period to be appropriated9905 | €1,738 | -€5,594 | €20,468 | €18,193 | €9,930 | €28,178 | €9,374 | €10,769 | ▲ 14.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €194,704 | €191,815 | €180,089 | €189,593 | €187,949 | €212,543 | €226,198 | €214,148 | ▼ 5.3% |
| Fixed assets21/28 | €163,601 | €160,432 | €165,036 | €159,392 | €157,062 | €158,050 | €154,516 | €156,134 | ▲ 1.0% |
| Tangible fixed assets22/27 | €13,601 | €10,432 | €15,036 | €9,392 | €7,062 | €8,050 | €4,516 | €6,134 | ▲ 35.8% |
| Land and buildings22 | - | - | - | €5,285 | €4,228 | €3,171 | €2,114 | €1,057 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | €4,107 | €2,834 | €4,879 | €2,402 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €5,077 | - |
| Financial fixed assets28 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Current assets29/58 | €31,103 | €31,383 | €15,053 | €30,201 | €30,887 | €54,493 | €71,682 | €58,014 | ▼ 19.1% |
| Amounts receivable within one year40/41 | €28,524 | €8,884 | €1,181 | €30,201 | €27,661 | €46,396 | €70,110 | €55,285 | ▼ 21.1% |
| Trade receivables40 | - | - | - | €26,992 | - | €14,291 | €18,373 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €3,208 | €27,661 | €32,105 | €51,737 | €55,285 | ▲ 6.9% |
| Cash at bank and in hand54/58 | €2,579 | €22,500 | €13,872 | - | €3,103 | €8,097 | €0 | €0 | = |
| Deferred charges and accrued income490/1 | - | - | - | - | €123 | - | €1,572 | €2,729 | ▲ 73.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €194,704 | €191,815 | €180,089 | €189,593 | €187,949 | €212,543 | €226,198 | €214,148 | ▼ 5.3% |
| Equity10/15 | €136,521 | €130,927 | €151,395 | €141,963 | €151,894 | €180,072 | €132,745 | €143,514 | ▲ 8.1% |
| Contributions10/11 | €25,000 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €111,521 | €105,927 | €126,395 | €116,963 | €126,894 | €155,072 | €107,745 | €118,514 | ▲ 10.0% |
| Non-distributable reserves130/1 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Distributable reserves133 | - | - | - | €114,463 | €124,394 | €155,072 | €107,745 | €118,514 | ▲ 10.0% |
| Amounts payable17/49 | €58,183 | €60,888 | €28,694 | €47,630 | €36,055 | €32,472 | €93,453 | €70,634 | ▼ 24.4% |
| Amounts payable after more than one year17 | €38,470 | €33,400 | €13,235 | €20,485 | €5,836 | - | €35,447 | €9,948 | ▼ 71.9% |
| Financial debts170/4 | - | - | - | €20,485 | €5,836 | - | €35,447 | €9,948 | ▼ 71.9% |
| Amounts payable within one year42/48 | €19,713 | €27,488 | €15,459 | €27,144 | €30,219 | €32,472 | €57,745 | €60,687 | ▲ 5.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,888 | €14,649 | €6,377 | €24,529 | €25,499 | ▲ 4.0% |
| Financial debts43 | - | - | - | €9,658 | €8,716 | €191 | €7,841 | €6,806 | ▼ 13.2% |
| Credit institutions430/8 | - | - | - | €9,658 | €8,716 | €191 | €7,841 | €6,806 | ▼ 13.2% |
| Trade debts44 | €11,615 | €1,043 | €1,003 | €155 | €2,535 | €9,711 | €13,803 | €13,979 | ▲ 1.3% |
| Suppliers440/4 | - | - | - | €155 | €2,535 | €9,711 | €13,803 | €13,979 | ▲ 1.3% |
| Taxes, remuneration and social security45 | - | - | - | €2,898 | €4,236 | €8,832 | €6,876 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €2,898 | €749 | €5,266 | €3,014 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | - | €3,486 | €3,565 | €3,862 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €545 | €83 | €7,361 | €4,696 | €14,403 | ▲ 207% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €262 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,738 | -€5,594 | €20,468 | €18,193 | €9,930 | €28,178 | €9,374 | €10,769 | ▲ 14.9% |
| + Depreciation and write-downs630 | €3,691 | €2,892 | €5,877 | €5,644 | €4,678 | €3,847 | €3,534 | €3,845 | ▲ 8.8% |
| Operating cash flow (approximation) | €5,429 | -€2,702 | €26,345 | €23,837 | €14,608 | €32,025 | €12,907 | €14,613 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | €277 | -€10,482 | €0 | -€2,348 | -€4,836 | €0 | -€5,462 | - |
| Change in cash | - | €19,921 | -€8,628 | - | - | €4,994 | -€8,096 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 06-08-2026 | 2026-00386567 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00443979 |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00372249 |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00194862 |
| 31-12-2021 | micro format | 21-08-2022 | 2022-20308909 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55800493 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48000229 |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47600600 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56300146 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-52000332 |
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