NTH°
ActiveSummary
For NTH°, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €90,974 and a net result of €50,613. Equity is growing by ~70.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 34218 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency100▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2023Solvency, return and age of the figures
Solvency
81.7%
Return on assets
45.4%
Age of the figures
39 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 12-02-2024, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
12 d late
2022
16 d late
2021
28 d late
2020
1 d late
2019
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€90,974▲ 79.6%
2022 · €50,655
Total assets
€111,404▲ 8.5%
2022 · €102,692
Net result
€50,613▲ 26.0%
2022 · €40,177
Working capital
€90,974▲ 45.5%
2022 · €62,521
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€19,396-€28,499▲ 46.9%€49,119▲ 72.4%€49,973▲ 1.7%€64,630▲ 29.3%
Net result€20,039-€24,457within the sector's middle half▲ 22.0%€41,848within the sector's middle half▲ 71.1%€40,177within the sector's middle half▼ 4.0%€50,613within the sector's middle half▲ 26.0%
Equity€4,173-€8,630below the sector's middle half▲ 107%€30,478within the sector's middle half▲ 253%€50,655within the sector's middle half▲ 66.2%€90,974within the sector's middle half▲ 79.6%
Total assets€38,640-€59,254below the sector's middle half▲ 53.3%€64,764below the sector's middle half▲ 9.3%€102,692within the sector's middle half▲ 58.6%€111,404within the sector's middle half▲ 8.5%
Debt€34,467-€50,624▲ 46.9%€34,286▼ 32.3%€52,037▲ 51.8%€20,430▼ 60.7%
Working capital€9,198-€610within the sector's middle half▼ 93.4%€30,118within the sector's middle half▲ 4,837%€62,521within the sector's middle half▲ 108%€90,974within the sector's middle half▲ 45.5%
Solvency10.8%-14.6%below the sector's middle half▲ 3.8pp47.1%within the sector's middle half▲ 32.5pp49.3%within the sector's middle half▲ 2.3pp81.7%above the sector's middle half▲ 32.3pp
Current ratio1.32-1.01within the sector's middle half▼ 0.311.88within the sector's middle half▲ 0.872.56within the sector's middle half▲ 0.685.45above the sector's middle half▲ 2.89
Return on assets (ROA)51.9%-41.3%above the sector's middle half▼ 10.6pp64.6%above the sector's middle half▲ 23.3pp39.1%above the sector's middle half▼ 25.5pp45.4%above the sector's middle half▲ 6.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 29% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €111,404
Equity
€90,974 ▲ 79.6%
Debt
€20,430 ▼ 60.7%
Debt's share of the balance-sheet total falls from 50.7% to 18.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64,765▲
2022 · €50,199
Cash flow
€50,747▲
2022 · €40,403
Debt to equity
0.22▼
2022 · 1.03
ROE
55.6%▼
2022 · 79.3%
Interest coverage
609.38▲
2022 · 398.40
Debt ≤ 1 year
€20,430▼
2022 · €40,037
Income taxes
€15,312▲
2022 · €9,670
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €488 | €7,905 | €7,989 | €226 | €134 | ▼ 40.5% |
| Other operating charges640/8 | - | - | - | €1,261 | €348 | ▼ 72.4% |
| Gross operating margin9900 | €20,293 | €39,274 | €57,673 | €51,460 | €65,112 | ▲ 26.5% |
| Operating profit (loss)9901 | €19,396 | €28,499 | €49,119 | €49,973 | €64,630 | ▲ 29.3% |
| Financial income75/76B | - | - | - | - | €1,400 | - |
| Recurring financial income75 | - | €4 | - | - | €1,400 | - |
| Financial charges65/66B | - | - | - | €126 | €106 | ▼ 15.7% |
| Recurring financial charges65 | €34 | €39 | €218 | €126 | €106 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €19,362 | €28,464 | €48,901 | €49,847 | €65,924 | ▲ 32.3% |
| Income taxes67/77 | -€677 | €4,007 | €7,053 | €9,670 | €15,312 | ▲ 58.3% |
| Profit (loss) for the period9904 | €20,039 | €24,457 | €41,848 | €40,177 | €50,613 | ▲ 26.0% |
| Profit (loss) for the period to be appropriated9905 | €20,039 | €24,457 | €41,848 | €40,177 | €50,613 | ▲ 26.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38,640 | €59,254 | €64,764 | €102,692 | €111,404 | ▲ 8.5% |
| Fixed assets21/28 | €975 | €8,020 | €360 | €134 | - | - |
| Tangible fixed assets22/27 | €975 | €8,020 | €360 | €134 | - | - |
| Furniture and vehicles24 | - | - | - | €134 | - | - |
| Current assets29/58 | €37,665 | €51,234 | €64,404 | €102,558 | €111,404 | ▲ 8.6% |
| Amounts receivable within one year40/41 | €5,000 | €11,152 | €22,304 | €11,166 | €25,209 | ▲ 126% |
| Trade receivables40 | - | - | - | €11,166 | €12,565 | ▲ 12.5% |
| Other amounts receivable41 | - | - | - | - | €12,644 | - |
| Cash at bank and in hand54/58 | €32,665 | €40,082 | €42,100 | €86,358 | €86,113 | ▼ 0.3% |
| Deferred charges and accrued income490/1 | - | - | - | €5,034 | €82 | ▼ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38,640 | €59,254 | €64,764 | €102,692 | €111,404 | ▲ 8.5% |
| Equity10/15 | €4,173 | €8,630 | €30,478 | €50,655 | €90,974 | ▲ 79.6% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Capital10 | - | - | - | €1,000 | - | - |
| Issued capital100 | - | - | - | €1,000 | - | - |
| Reserves13 | - | - | - | €20,177 | €20,177 | = |
| Non-distributable reserves130/1 | - | - | - | €20,177 | - | - |
| Reserves not available under the articles1311 | - | - | - | €20,177 | - | - |
| Distributable reserves133 | - | - | - | - | €20,177 | - |
| Profit (loss) carried forward14 | €3,173 | €7,630 | €29,478 | €29,478 | €69,797 | ▲ 137% |
| Amounts payable17/49 | €34,467 | €50,624 | €34,286 | €52,037 | €20,430 | ▼ 60.7% |
| Amounts payable within one year42/48 | €28,467 | €50,624 | €34,286 | €40,037 | €20,430 | ▼ 49.0% |
| Trade debts44 | - | €19,622 | €5,816 | €1,765 | €1,661 | ▼ 5.9% |
| Suppliers440/4 | - | - | - | €1,765 | €1,661 | ▼ 5.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €18,768 | - |
| Taxes450/3 | - | - | - | - | €18,768 | - |
| Other amounts payable47/48 | - | - | - | €38,272 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €12,000 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,039 | €24,457 | €41,848 | €40,177 | €50,613 | ▲ 26.0% |
| + Depreciation and write-downs630 | €488 | €7,905 | €7,989 | €226 | €134 | ▼ 40.5% |
| Operating cash flow (approximation) | €20,527 | €32,362 | €49,837 | €40,403 | €50,747 | ▲ 25.6% |
| Investment in fixed assets (approximation) | - | -€14,950 | -€329 | €0 | - | - |
| Change in cash | - | €7,417 | €2,018 | €44,258 | -€245 | ▼ 101% |
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
2024
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
30-06
Financial
Highest result since 2019net €50,613 ▲26%
Operating result €64,630, net result €50,613, both a record.
30-06
Financial
Liquidity doublescurrent ratio 5.45
Current ratio from 2.56 to 5.45; short-term debt falls from €40,037 to €20,430.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2018
Ground area
866 m²
Building footprint
284 m²
Volume, LiDAR
3,192 m³
Parcel 21674C0310/00Y003, Brussels · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NTH°
since 20182.276.905.942
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0310/00Y003 | Brussels | 866 m² | 1 · 284 m² | 13.4 m · 4 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.
Similar companies · same sector, comparable size
FAST ERP
BE 0889.194.248
Keerbergen · Eq €90,972
La Sienna Consult
BE 0741.483.737
Kortenaken · Eq €90,977
JUREAL
BE 0859.633.794
Oudergem · Eq €90,971
Alfvoet Activities
BE 0695.876.812
Brugge · Eq €90,970
LIVAG
BE 0695.861.865
Laarne · Eq €90,979
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,476 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded26-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692887133
Registered
30-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.