NTN
ActiveThe computed 12-month bankruptcy probability of NTN is 2.0% (moderate). The 2025 annual accounts show equity of €82k and a net result of €38k. Its solvency ranks better than 77% of 7692 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+10
Growth52
Track record82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.35 in 2024; short-term debt: 31.7% and cash: 10.5% of total assets), and 31.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.3%
Return on assets
31.6%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-06-2026, 61 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
61 d late
2024
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€82k▲ 86.2%
2024 · €44k
2024: €44k
2024 → 2025
Total assets
€120k▲ 57.5%
2024 · €76k
2024: €76k
2024 → 2025
Net result
€38k▼ 2.7%
2024 · €39k
2024: €39k
2024 → 2025
Working capital
€436
2024 · €-21k
2024: €-21k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€44k-€82k▲ 86.2%
Operating result€45k-€52k▲ 17.2%
Net result€39k-€38k▼ 2.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€82k▲ 25.7%
Current assets
€39k▲ 241%
Equity and liabilities €120k
Equity
€82k▲ 86.2%
Debt
€38k▲ 18.2%
The debt ratio falls from 42.2% to 31.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €52k
Cash flow
€51k▲
2024 · €47k
Solvency
68.3%▲
2024 · 57.8%
Current ratio
1.01▲
2024 · 0.35
Quick ratio
1.01▲
2024 · 0.35
Debt / equity
0.46▼
2024 · 0.73
ROE
46.3%▼
2024 · 88.7%
ROA
31.6%▼
2024 · 51.3%
Interest coverage
356.05▲
2024 · 230.56
Debt
€38k▲
2024 · €32k
Debt ≤ 1 year
€38k▲
2024 · €32k
Income taxes
€14k▲
2024 · €5k
Staff costs
€44k▲
2024 · €31k
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€76k€120k▲
Fixed assets21/28€65k€82k▲
Tangible fixed assets22/27€65k€82k▲
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€60k€77k▲
Current assets29/58€11k€39k▲
Amounts receivable within one year40/41€3k€21k▲
Trade receivables40-€17k
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€8k€13k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€76k€120k▲
Equity10/15€44k€82k▲
Contributions10/11€5k€5k=
Capital10-€5k
Issued capital100-€5k
Outside capital11€5k-
Other1109/19€5k-
Profit (loss) carried forward14€39k€77k▲
Amounts payable17/49€32k€38k▲
Amounts payable within one year42/48€32k€38k▲
Trade debts44€2k€25k▲
Suppliers440/4€2k€25k▲
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€5k€10k▲
Remuneration and social security454/9€186€3k▲
Other amounts payable47/48€25k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€71k-
Remuneration, social security and pensions62€31k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€645€3k▲
Gross operating margin9900€83k€112k▲
Operating profit (loss)9901€45k€52k▲
Financial income75/76B€6€96▲
Recurring financial income75€6€96▲
Financial charges65/66B€226€183▼
Recurring financial charges65€226€183▼
Profit (loss) for the period before taxes9903€44k€52k▲
Income taxes67/77€5k€14k▲
Profit (loss) for the period9904€39k€38k▼
Profit (loss) for the period to be appropriated9905€39k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€77k▲
Profit (loss) brought forward from the previous period14P-€39k
The notes to these accounts (6 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 61 days late
2025
30-09
Financial
Liquidity triplescurrent ratio 1.01
Current ratio from 0.35 to 1.01.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 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.
Loodsenstraat 299000 GentGround area
81 m²
Building footprint
74 m²
Parcel 44021A3298/54A000, Flanders. Linked by address, not a title deed.
1 establishment unit
NTN
since 20232.350.146.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3298/54A000 | Flanders | 81 m² | 1 · 73 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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DE SAVEUR J& L
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A VLAD CONSTRUCT
BE 0768.358.972
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DIA 4
BE 0843.708.671
Mouscron · Eq €82k
FINTA CONSTRUCT
BE 0708.933.012
Anderlecht · Eq €82k
PERFECT WOOD
BE 0889.353.705
Etterbeek · Eq €82k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2023
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.