NTH
ActiveNTH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193k and a net result of €-53k. Its solvency ranks better than 25% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+4
Solvency48▼-6
Growth58
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.04 in 2024; short-term debt: 50.9% and cash: 0.4% of total assets), and 76.9% 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-53k
neutral · Filed after the deadline
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. 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 · 2 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€193k▼ 21.6%
2024 · €246k
2024: €246k
2024 → 2025
Total assets
€834k▼ 1.9%
2024 · €850k
2024: €850k
2024 → 2025
Net result
€-53k▲ 32.3%
2024 · €-78k
2024: €-78k
2024 → 2025
Working capital
€-406k▼ 13.5%
2024 · €-358k
2024: €-358k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€246k-€193k▼ 21.6%
Operating result€-64k-€-44k▲ 31.1%
Net result€-78k-€-53k▲ 32.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €44k in 2025 against €64k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €834k
Fixed assets
€816k▼ 2.2%
Current assets
€18k▲ 12.7%
Equity and liabilities €834k
Equity
€193k▼ 21.6%
Debt
€641k▲ 6.1%
The debt ratio rises from 71.1% to 76.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▲
2024 · €-30k
Cash flow
€-30k▲
2024 · €-44k
Solvency
23.1%▼
2024 · 28.9%
Current ratio
0.04▼
2024 · 0.04
Quick ratio
0.04▼
2024 · 0.04
Debt / equity
3.33▲
2024 · 2.46
ROE
-27.5%▲
2024 · -31.9%
ROA
-6.4%▲
2024 · -9.2%
Interest coverage
-2.35▼
2024 · -2.08
Debt
€641k▲
2024 · €604k
Debt ≤ 1 year
€425k▲
2024 · €374k
Debt > 1 year
€217k▼
2024 · €230k
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€850k€834k▼
Fixed assets21/28€834k€816k▼
Intangible fixed assets21€92k€89k▼
Tangible fixed assets22/27€741k€726k▼
Land and buildings22€741k€722k▼
Plant, machinery and equipment23-€5k
Current assets29/58€16k€18k▲
Amounts receivable within one year40/41€12k€14k▲
Trade receivables40€8k€9k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€928€919▼
Equity and liabilities
Total equity and liabilities10/49€850k€834k▼
Equity10/15€246k€193k▼
Contributions10/11€324k€324k=
Profit (loss) carried forward14€-78k€-131k▼
Amounts payable17/49€604k€641k▲
Amounts payable after more than one year17€230k€217k▼
Financial debts170/4€230k€216k▼
Other amounts payable178/9€760€760=
Amounts payable within one year42/48€374k€425k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44-€14k
Suppliers440/4-€14k
Other amounts payable47/48€361k€397k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€23k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€-25k€-18k▲
Operating profit (loss)9901€-64k€-44k▲
Financial charges65/66B€14k€9k▼
Recurring financial charges65€14k€9k▼
Profit (loss) for the period before taxes9903€-78k€-53k▲
Profit (loss) for the period9904€-78k€-53k▲
Profit (loss) for the period to be appropriated9905€-78k€-53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-131k▼
Profit (loss) brought forward from the previous period14P-€-78k
The notes to these accounts (10 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
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, Ciney · 1 establishment unit since 2023
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.
Chemin du Tersoit 515590 CineyGround area
2.0 ha
Building footprint
158 m²
Parcel 91030C0535/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NTH
since 20232.352.871.095
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030C0535/00L000 | Wallonia | 2.0 ha | 1 · 157 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
55203Holiday cottages, homes and apartments
55204Guest rooms (bed and breakfast)
86909Human health activities
86995Nutrition and dietetics services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.