Skip to content

NURSE

Active
Private limited companyfounded 199728 yrs activeRue de la Closière(Wal) 7, 5650 Walcourt, BelgiumKBO/BCE: BE 0461.603.501
Summary

NURSE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €607,113 and a net result of -€12,976. Equity is growing by ~4.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability65▼-17
Solvency100=
Growth45▼-22
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
short-term debt: 0.1% and cash: 0.1% of total assets, and 0.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-2.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 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 filings
Deviation from the deadline
2025
not confirmed
2024
73 d late
2023
67 d late
2022
25 d late
2021
148 d late
2020
116 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 October 1997, NURSE was incorporated.1 Revenue went from €164,758 in 2018 to €153,886 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€153,886▼ 21.5%
2023 · €195,996
EBIT margin
-7.5%▼ 24.8pp
2023 · 17.3%
Net result
-€12,976
2023 · €22,673
Working capital
€336,510▲ 4.7%
2023 · €321,371
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€206,208▲ 18.1%€198,014▼ 4.0%€175,184▼ 11.5%€195,996▲ 11.9%€153,886▼ 21.5%
Operating result€46,090▲ 22.4%€55,598▲ 20.6%€30,355▼ 45.4%€33,899▲ 11.7%-€11,524
Net result€31,109▲ 40.0%€39,544▲ 27.1%€21,547▼ 45.5%€22,673▲ 5.2%-€12,976
EBIT margin22.4%▲ 0.8pp28.1%▲ 5.7pp17.3%▼ 10.8pp17.3%=-7.5%▼ 24.8pp
Equity€536,325▲ 6.2%€575,869▲ 7.4%€597,417▲ 3.7%€620,089▲ 3.8%€607,113▼ 2.1%
Total assets€644,634▼ 1.6%€668,979▲ 3.8%€657,148▼ 1.8%€640,299▼ 2.6%€607,673▼ 5.1%
Debt€108,309▼ 27.9%€93,109▼ 14.0%€59,731▼ 35.8%€20,210▼ 66.2%€559▼ 97.2%
Working capital€244,152▲ 15.7%€287,156▲ 17.6%€286,084▼ 0.4%€321,371▲ 12.3%€336,510▲ 4.7%
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2020: €46,090€46,090Net result 2020: €31,109€31,109Operating result 2021: €55,598€55,598Net result 2021: €39,544€39,544Operating result 2022: €30,355€30,355Net result 2022: €21,547€21,547Operating result 2023: €33,899€33,899Net result 2023: €22,673€22,673Operating result 2024: -€11,524-€11,524Net result 2024: -€12,976-€12,97620202021202220232024-€20,000€0€20,000€40,000Operating result 2022: €30,355€30,400Net result 2022: €21,547€21,500Operating result 2023: €33,899€33,900Net result 2023: €22,673€22,700Operating result 2024: -€11,524-€11,500Net result 2024: -€12,976-€13,000202220232024
The operating result turns negative in 2024: a loss of €11,524 after €33,899 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €607,673
Fixed assets €270,603 ▼ 9.4%
Current assets €337,070 ▼ 1.3%
Equity and liabilities €607,673
Equity €607,113 ▼ 2.1%
Debt €559 ▼ 97.2%
Debt's share of the balance-sheet total falls from 3.2% to 0.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€16,591▼
2023 · €63,452
Cash flow
€15,139▼
2023 · €52,225
Debt to equity
0.00▼
2023 · 0.03
ROE
-2.1%▼
2023 · 3.7%
ROA
-2.1%▼
2023 · 3.5%
Interest coverage
18.59▼
2023 · 156.99
Debt ≤ 1 year
€559▼
2023 · €20,210
Income taxes
€559▼
2023 · €10,822
A ratio outside any meaningful range has been withheld (balance sheet total €607,673, equity €607,113).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 8,612 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€640,299€607,673▼
Fixed assets21/28€298,718€270,603▼
Tangible fixed assets22/27€297,516€269,402▼
Land and buildings22€287,956€262,373▼
Plant, machinery and equipment23€9,560€7,028▼
Financial fixed assets28€1,202€1,202=
Current assets29/58€341,581€337,070▼
Amounts receivable after more than one year29€336,500€330,500▼
Other amounts receivable291€336,500€330,500▼
Amounts receivable within one year40/41-€5,766
Other amounts receivable41-€5,766
Cash at bank and in hand54/58€5,081€804▼
Equity and liabilities
Total equity and liabilities10/49€640,299€607,673▼
Equity10/15€620,089€607,113▼
Contributions10/11€20,451€20,451=
Reserves13€100,000€100,000=
Distributable reserves133€100,000€100,000=
Profit (loss) carried forward14€499,638€486,662▼
Amounts payable17/49€20,210€559▼
Amounts payable within one year42/48€20,210€559▼
Trade debts44€1,277-
Suppliers440/4€1,277-
Taxes, remuneration and social security45€18,646€559▼
Taxes450/3€18,646€559▼
Other amounts payable47/48€287-
Income statement Code20232024
Turnover70€195,996€153,886▼
Goods, raw materials, services and sundry goods60/61€132,544€137,295▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,553€28,115▼
Gross operating margin9900€63,452€16,591▼
Operating profit (loss)9901€33,899-€11,524▼
Financial charges65/66B€404€893▲
Recurring financial charges65€404€893▲
Profit (loss) for the period before taxes9903€33,495-€12,416▼
Income taxes67/77€10,822€559▼
Profit (loss) for the period9904€22,673-€12,976▼
Profit (loss) for the period to be appropriated9905€22,673-€12,976▼
Appropriation of the result
Profit (loss) to be appropriated9906€499,638€486,662▼
Profit (loss) brought forward from the previous period14P€476,965€499,638▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€206,208€198,014€175,184€195,996€153,886▼ 21.5%
Goods, raw materials, services and sundry goods60/61-€107,205€112,490€132,544€137,295▲ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,226€35,211€32,338€29,553€28,115▼ 4.9%
Gross operating margin9900€81,316€90,809€62,693€63,452€16,591▼ 73.9%
Operating profit (loss)9901€46,090€55,598€30,355€33,899-€11,524▼ 134%
Financial charges65/66B-€3,325€984€404€893▲ 121%
Recurring financial charges65€4,198€3,325€984€404€893▲ 121%
Profit (loss) for the period before taxes9903€41,892€52,273€29,371€33,495-€12,416▼ 137%
Income taxes67/77€10,783€12,729€7,824€10,822€559▼ 94.8%
Profit (loss) for the period9904€31,109€39,544€21,547€22,673-€12,976▼ 157%
Profit (loss) for the period to be appropriated9905€31,109€39,544€21,547€22,673-€12,976▼ 157%
Line20202021202220232024Change
Assets
Total assets20/58€644,634€668,979€657,148€640,299€607,673▼ 5.1%
Fixed assets21/28€357,889€324,037€320,729€298,718€270,603▼ 9.4%
Tangible fixed assets22/27€356,687€322,835€319,528€297,516€269,402▼ 9.4%
Land and buildings22-€317,213€314,977€287,956€262,373▼ 8.9%
Plant, machinery and equipment23-€5,623€4,551€9,560€7,028▼ 26.5%
Financial fixed assets28€1,202€1,202€1,202€1,202€1,202=
Current assets29/58€286,745€344,942€336,418€341,581€337,070▼ 1.3%
Amounts receivable after more than one year29-€317,000€335,500€336,500€330,500▼ 1.8%
Other amounts receivable291-€317,000€335,500€336,500€330,500▼ 1.8%
Amounts receivable within one year40/41€286,745€27,942€918-€5,766-
Other amounts receivable41-€27,942€918-€5,766-
Cash at bank and in hand54/58---€5,081€804▼ 84.2%
Equity and liabilities
Total equity and liabilities10/49€644,634€668,979€657,148€640,299€607,673▼ 5.1%
Equity10/15€536,325€575,869€597,417€620,089€607,113▼ 2.1%
Contributions10/11€18,592€18,592€18,592€20,451€20,451=
Capital10-€18,592€18,592---
Issued capital100-€18,592€18,592---
Reserves13€101,859€101,859€101,859€100,000€100,000=
Non-distributable reserves130/1-€1,859€1,859---
Legal reserve130-€1,859€1,859---
Distributable reserves133-€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14€415,874€455,418€476,965€499,638€486,662▼ 2.6%
Amounts payable17/49€108,309€93,109€59,731€20,210€559▼ 97.2%
Amounts payable after more than one year17€65,716€35,324€9,397---
Financial debts170/4-€35,324€9,397---
Amounts payable within one year42/48€42,593€57,786€50,334€20,210€559▼ 97.2%
Current portion of amounts payable after more than one year42-€30,392€25,927---
Financial debts43-€3,643€4,761---
Credit institutions430/8-€3,643€4,761---
Trade debts44---€1,277--
Suppliers440/4---€1,277--
Taxes, remuneration and social security45-€23,490€19,647€18,646€559▼ 97.0%
Taxes450/3-€23,490€19,647€18,646€559▼ 97.0%
Other amounts payable47/48-€261-€287--
Line20202021202220232024Change
Profit (loss) for the period9904€31,109€39,544€21,547€22,673-€12,976▼ 157%
+ Depreciation and write-downs630€35,226€35,211€32,338€29,553€28,115▼ 4.9%
Operating cash flow (approximation)€66,335€74,755€53,886€52,225€15,139▼ 71.0%
Investment in fixed assets (approximation)--€1,359-€29,031-€7,541€0▲ 100%
Change in cash-----€4,277-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
12-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 73 days late
2024
31-12
Financial Weakest financial yearnet -€12,976
Net result drops to -€12,976, the lowest in the series.
31-12
Financial Liquidity times 36current ratio 602.47
Current ratio from 16.90 to 602.47; short-term debt falls from €20,210 to €559.
06-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial Liquidity triplescurrent ratio 16.90
Current ratio from 6.68 to 16.90; short-term debt falls from €50,334 to €20,210.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
26-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 148 days late
2021
31-12
Financial Highest result since 2018net €39,544 ▲27.1%
Operating result €55,598, net result €39,544, both a record.
24-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 116 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial Equity above €500,000Eq €505,216 ▲4.6%
2 profitable years in a row build equity to €505,216.
02-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 124 days late
Show earlier events
15-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 168 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
26-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Walcourt
exact location from the address register On OpenStreetMap
Ground area
1,039 m²
Building footprint
187 m²
Parcel 93088C0331/00C002, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93088C0331/00C002 Wallonia 1,039 m² 1 · 187 m² -
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.

Company details

Identification
Legal formPrivate limited company
Founded06-10-1997
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.