NUCO
ActiveSummary
NUCO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,479 and a net result of €27. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-29
Solvency43▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.01 in 2024; short-term debt: 6.5% and cash: 6.2% of total assets), and 82.3% of the assets are financed with debt.
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Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
17.7%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8737 sector peers (2025).
NBB · sector comparisonPosition among 8737 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
28 d late
2022
59 d late
2021
26 d late
2020
27 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 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 (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€55,479▲ 15.4%
2024 · €48,061
Total assets
€312,952▲ 3.4%
2024 · €302,761
Net result
€27▼ 99.3%
2024 · €4,189
Working capital
€1,706
2024 · -€204,307
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
Line20212022202320242025
Operating result€14,013▼ 2.2%€14,031▲ 0.1%€11,712▼ 16.5%€9,540▼ 18.5%€5,979▼ 37.3%
Net result€6,044within the sector's middle half▲ 3.2%€6,420within the sector's middle half▲ 6.2%€5,286within the sector's middle half▼ 17.7%€4,189within the sector's middle half▼ 20.8%€27below the sector's middle half▼ 99.3%
Equity€44,115below the sector's middle half▲ 15.9%€50,535below the sector's middle half▲ 14.6%€55,821below the sector's middle half▲ 10.5%€48,061below the sector's middle half▼ 13.9%€55,479below the sector's middle half▲ 15.4%
Total assets€330,879below the sector's middle half▼ 1.2%€322,694below the sector's middle half▼ 2.5%€317,615below the sector's middle half▼ 1.6%€302,761below the sector's middle half▼ 4.7%€312,952within the sector's middle half▲ 3.4%
Debt€286,764▼ 3.4%€272,158▼ 5.1%€261,794▼ 3.8%€254,701▼ 2.7%€257,473▲ 1.1%
Working capital-€198,552▼ 2.5%-€195,366▲ 1.6%-€193,313▲ 1.1%-€204,307▼ 5.7%€1,706
Solvency13.3%below the sector's middle half▲ 2.0pp15.7%below the sector's middle half▲ 2.3pp17.6%below the sector's middle half▲ 1.9pp15.9%below the sector's middle half▼ 1.7pp17.7%below the sector's middle half▲ 1.9pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €312,952
Fixed assets
€291,018 ▼ 3.1%
Current assets
€21,933 ▲ 786%
Equity and liabilities €312,952
Equity
€55,479 ▲ 15.4%
Debt
€257,473 ▲ 1.1%
Debt's share of the balance-sheet total falls from 84.1% to 82.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,246▼
2024 · €18,807
Cash flow
€9,294▼
2024 · €13,456
Current ratio
1.08▲
2024 · 0.01
Debt to equity
4.64▼
2024 · 5.30
ROE
0.0%▼
2024 · 8.7%
ROA
0.0%▼
2024 · 1.4%
Interest coverage
2.56▼
2024 · 5.87
Debt ≤ 1 year
€20,228▼
2024 · €206,784
Debt > 1 year
€237,245▲
2024 · €47,917
Income taxes
€10▼
2024 · €2,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,746 | €9,266 | €9,266 | €9,266 | €9,266 | = |
| Other operating charges640/8 | €2,446 | €2,483 | €2,631 | €2,694 | €2,496 | ▼ 7.3% |
| Gross operating margin9900 | €25,204 | €25,780 | €23,609 | €21,501 | €17,742 | ▼ 17.5% |
| Operating profit (loss)9901 | €14,013 | €14,031 | €11,712 | €9,540 | €5,979 | ▼ 37.3% |
| Financial income75/76B | - | - | - | - | €23 | - |
| Recurring financial income75 | - | - | - | - | €23 | - |
| Financial charges65/66B | €4,944 | €4,364 | €3,780 | €3,206 | €5,965 | ▲ 86.0% |
| Recurring financial charges65 | €4,944 | €4,364 | €3,780 | €3,206 | €5,965 | ▲ 86.0% |
| Profit (loss) for the period before taxes9903 | €9,069 | €9,667 | €7,932 | €6,334 | €37 | ▼ 99.4% |
| Income taxes67/77 | €3,025 | €3,246 | €2,645 | €2,145 | €10 | ▼ 99.5% |
| Profit (loss) for the period9904 | €6,044 | €6,420 | €5,286 | €4,189 | €27 | ▼ 99.3% |
| Profit (loss) for the period to be appropriated9905 | €6,044 | €6,420 | €5,286 | €4,189 | €27 | ▼ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €330,879 | €322,694 | €317,615 | €302,761 | €312,952 | ▲ 3.4% |
| Fixed assets21/28 | €328,084 | €318,818 | €309,551 | €300,285 | €291,018 | ▼ 3.1% |
| Tangible fixed assets22/27 | €328,084 | €318,818 | €309,551 | €300,285 | €291,018 | ▼ 3.1% |
| Land and buildings22 | €326,601 | €317,494 | €308,387 | €299,280 | €290,173 | ▼ 3.0% |
| Plant, machinery and equipment23 | €1,483 | €1,323 | €1,164 | €1,005 | €845 | ▼ 15.9% |
| Current assets29/58 | €2,795 | €3,876 | €8,064 | €2,476 | €21,933 | ▲ 786% |
| Amounts receivable within one year40/41 | €1,588 | €1,765 | €6,630 | €1,657 | €2,486 | ▲ 50.1% |
| Trade receivables40 | €1,588 | €1,588 | €1,588 | €1,588 | - | - |
| Other amounts receivable41 | - | €177 | €5,042 | €69 | €2,486 | ▲ 3,519% |
| Cash at bank and in hand54/58 | €1,207 | €2,111 | €1,434 | €819 | €19,447 | ▲ 2,273% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €330,879 | €322,694 | €317,615 | €302,761 | €312,952 | ▲ 3.4% |
| Equity10/15 | €44,115 | €50,535 | €55,821 | €48,061 | €55,479 | ▲ 15.4% |
| Contributions10/11 | €8,000 | €8,000 | €8,000 | €8,000 | €20,000 | ▲ 150% |
| Reserves13 | €36,115 | €42,535 | €47,821 | €40,061 | €35,479 | ▼ 11.4% |
| Non-distributable reserves130/1 | €1,829 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €1,829 | €2,000 | - | - | - | - |
| Distributable reserves133 | €34,286 | €40,535 | €47,821 | €40,061 | €35,479 | ▼ 11.4% |
| Amounts payable17/49 | €286,764 | €272,158 | €261,794 | €254,701 | €257,473 | ▲ 1.1% |
| Amounts payable after more than one year17 | €85,417 | €72,917 | €60,417 | €47,917 | €237,245 | ▲ 395% |
| Financial debts170/4 | €85,417 | €72,917 | €60,417 | €47,917 | €237,245 | ▲ 395% |
| Amounts payable within one year42/48 | €201,347 | €199,242 | €201,377 | €206,784 | €20,228 | ▼ 90.2% |
| Current portion of amounts payable after more than one year42 | €12,500 | €12,500 | €12,500 | €12,500 | €12,755 | ▲ 2.0% |
| Trade debts44 | €2,491 | - | - | - | €535 | - |
| Suppliers440/4 | €2,491 | - | - | - | €535 | - |
| Taxes, remuneration and social security45 | €6,403 | €3,522 | €2,658 | €2,406 | €2,329 | ▼ 3.2% |
| Taxes450/3 | €6,403 | €3,522 | €2,658 | €2,406 | €2,329 | ▼ 3.2% |
| Other amounts payable47/48 | €179,953 | €183,219 | €186,219 | €191,878 | €4,608 | ▼ 97.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,044 | €6,420 | €5,286 | €4,189 | €27 | ▼ 99.3% |
| + Depreciation and write-downs630 | €8,746 | €9,266 | €9,266 | €9,266 | €9,266 | = |
| Operating cash flow (approximation) | €14,790 | €15,687 | €14,553 | €13,456 | €9,294 | ▼ 30.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €904 | -€677 | -€615 | €18,628 | ▲ 3,131% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €27 ▼99.3%
Net result drops to €27, the lowest in the series.
31-12
Financial
Liquidity times 91current ratio 1.08
Current ratio from 0.01 to 1.08; short-term debt falls from €206,784 to €20,228.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-12
Financial
Highest result since 2018net €6,420 ▲6.2%
Net result €6,420, the highest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Lanaken · 1 establishment unit since 2006
Ground area
663 m²
Building footprint
201 m²
Volume, LiDAR
1,050 m³
Parcel 73042B0242/00D000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NUCO
since 20062.156.033.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042B0242/00D000 | Flanders | 663 m² | 1 · 200 m² | 9.4 m · 2 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 38,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-08-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883272694
Also
9925:BE0883272694
Registered
02-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.