NVM SERVICES CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NVM SERVICES CONSTRUCT is 3.9% (moderate). The 2024 annual accounts show equity of €55,919 and a net result of €16,422. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 36386 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+47
Solvency89▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.5 in 2023; short-term debt: 35.8% and cash: 18.4% of total assets), and 35.8% 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.
+raises risk○neutral
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 · 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
Specialised construction activities (NACE 43)
about 85% more 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 2024Solvency, return and age of the figures
Solvency
64.2%
Return on assets
18.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 confirmed
2024
31 d late
2023
31 d late
2022
43 d late
2021
30 d late
2020
6 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 trust this company with building work?Contractor check 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
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 2024, micro schema
Equity
€55,919▲ 41.6%
2023 · €39,497
Total assets
€87,162▲ 13.9%
2023 · €76,543
Net result
€16,422
2023 · -€4,130
Working capital
€16,648▼ 9.3%
2023 · €18,363
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Operating result€16,002€4,230▼ 73.6%€39,518▲ 834%-€3,134€22,925
Net result€11,001within the sector's middle half€2,814within the sector's middle half▼ 74.4%€28,371above the sector's middle half▲ 908%-€4,130below the sector's middle half€16,422within the sector's middle half
Equity€12,441below the sector's middle half▲ 764%€15,255below the sector's middle half▲ 22.6%€43,626within the sector's middle half▲ 186%€39,497within the sector's middle half▼ 9.5%€55,919within the sector's middle half▲ 41.6%
Total assets€23,348below the sector's middle half▲ 258%€22,926below the sector's middle half▼ 1.8%€55,268below the sector's middle half▲ 141%€76,543within the sector's middle half▲ 38.5%€87,162within the sector's middle half▲ 13.9%
Debt€10,907▲ 115%€7,671▼ 29.7%€11,642▲ 51.8%€37,046▲ 218%€31,243▼ 15.7%
Working capital€12,275within the sector's middle half▲ 1,008%€15,255within the sector's middle half▲ 24.3%€30,840within the sector's middle half▲ 102%€18,363within the sector's middle half▼ 40.5%€16,648within the sector's middle half▼ 9.3%
Solvency53.3%within the sector's middle half▲ 31.2pp66.5%above the sector's middle half▲ 13.3pp78.9%above the sector's middle half▲ 12.4pp51.6%within the sector's middle half▼ 27.3pp64.2%within the sector's middle half▲ 12.6pp
Current ratio2.13within the sector's middle half▲ 0.912.99within the sector's middle half▲ 0.863.65above the sector's middle half▲ 0.661.50within the sector's middle half▼ 2.151.53within the sector's middle half▲ 0.04
Return on assets (ROA)47.1%above the sector's middle half▲ 120.2pp12.3%within the sector's middle half▼ 34.8pp51.3%above the sector's middle half▲ 39.1pp-5.4%below the sector's middle half▼ 56.7pp18.8%above the sector's middle half▲ 24.2pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 returns to profit in 2024: €22,925 after a loss of €3,134 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87,162
Fixed assets
€39,271 ▲ 85.8%
Current assets
€47,891 ▼ 13.6%
Equity and liabilities €87,162
Equity
€55,919 ▲ 41.6%
Debt
€31,243 ▼ 15.7%
Debt's share of the balance-sheet total falls from 48.4% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,858▲
2023 · €961
Cash flow
€27,354▲
2023 · -€35
Debt to equity
0.56▼
2023 · 0.94
ROE
29.4%▲
2023 · -10.5%
Interest coverage
16.30▲
2023 · 3.95
Debt ≤ 1 year
€31,243▼
2023 · €37,046
Income taxes
€4,426▲
2023 · €2,149
Staff costs
€49,859▲
2023 · €45,053
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.9% 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 497,662 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% | 1.7% |
| 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 75% 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 26,970 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €33,374 | €40,842 | €45,053 | €49,859 | ▲ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €166 | €166 | €3,744 | €4,095 | €10,932 | ▲ 167% |
| Other operating charges640/8 | - | €476 | €5,462 | €1,578 | €3,952 | ▲ 150% |
| Gross operating margin9900 | €16,907 | €38,247 | €89,566 | €47,592 | €87,669 | ▲ 84.2% |
| Operating profit (loss)9901 | €16,002 | €4,230 | €39,518 | -€3,134 | €22,925 | ▲ 832% |
| Financial income75/76B | - | - | - | €1,396 | - | - |
| Recurring financial income75 | - | - | - | €1,396 | - | - |
| Non-recurring financial income76B | - | - | - | €1,396 | - | - |
| Financial charges65/66B | - | €828 | €408 | €243 | €2,077 | ▲ 753% |
| Recurring financial charges65 | €1,626 | €828 | €408 | €243 | €2,077 | ▲ 753% |
| Profit (loss) for the period before taxes9903 | €14,376 | €3,402 | €39,110 | -€1,981 | €20,849 | ▲ 1,152% |
| Income taxes67/77 | €3,375 | €588 | €10,739 | €2,149 | €4,426 | ▲ 106% |
| Profit (loss) for the period9904 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | ▲ 498% |
| Profit (loss) for the period to be appropriated9905 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | ▲ 498% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,348 | €22,926 | €55,268 | €76,543 | €87,162 | ▲ 13.9% |
| Fixed assets21/28 | €166 | €0 | €12,787 | €21,134 | €39,271 | ▲ 85.8% |
| Tangible fixed assets22/27 | €166 | €0 | €12,787 | €21,134 | €38,871 | ▲ 83.9% |
| Plant, machinery and equipment23 | - | €0 | €3,123 | €2,447 | €6,600 | ▲ 170% |
| Furniture and vehicles24 | - | - | €9,664 | €18,687 | €32,271 | ▲ 72.7% |
| Financial fixed assets28 | - | - | - | - | €400 | - |
| Current assets29/58 | €23,182 | €22,926 | €42,481 | €55,409 | €47,891 | ▼ 13.6% |
| Amounts receivable within one year40/41 | €22,878 | €21,920 | €23,032 | €45,033 | €31,196 | ▼ 30.7% |
| Trade receivables40 | - | €12,185 | €14,942 | €36,514 | €22,256 | ▼ 39.0% |
| Other amounts receivable41 | - | €9,734 | €8,089 | €8,519 | €8,940 | ▲ 4.9% |
| Cash at bank and in hand54/58 | €3 | €523 | €19,450 | €8,263 | €16,053 | ▲ 94.3% |
| Deferred charges and accrued income490/1 | - | €483 | - | €2,113 | €642 | ▼ 69.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,348 | €22,926 | €55,268 | €76,543 | €87,162 | ▲ 13.9% |
| Equity10/15 | €12,441 | €15,255 | €43,626 | €39,497 | €55,919 | ▲ 41.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | - | - |
| Issued capital100 | - | €18,550 | €18,550 | €18,550 | - | - |
| Uncalled capital101 | - | €12,350 | €12,350 | €12,350 | - | - |
| Reserves13 | €312 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | - | - |
| Legal reserve130 | - | €620 | €620 | €620 | - | - |
| Distributable reserves133 | - | - | - | - | €620 | - |
| Profit (loss) carried forward14 | €5,929 | €8,435 | €36,806 | €32,677 | €49,099 | ▲ 50.3% |
| Amounts payable17/49 | €10,907 | €7,671 | €11,642 | €37,046 | €31,243 | ▼ 15.7% |
| Amounts payable within one year42/48 | €10,907 | €7,671 | €11,642 | €37,046 | €31,243 | ▼ 15.7% |
| Trade debts44 | €2,305 | €862 | €642 | €21,842 | €20,885 | ▼ 4.4% |
| Suppliers440/4 | - | €862 | €642 | €21,842 | €20,885 | ▼ 4.4% |
| Taxes, remuneration and social security45 | - | €6,809 | €11,000 | €15,204 | €6,083 | ▼ 60.0% |
| Taxes450/3 | - | €3,963 | €11,000 | €13,149 | €5,500 | ▼ 58.2% |
| Remuneration and social security454/9 | - | €2,846 | - | €2,055 | €583 | ▼ 71.6% |
| Other amounts payable47/48 | - | - | - | - | €4,276 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | ▲ 498% |
| + Depreciation and write-downs630 | €166 | €166 | €3,744 | €4,095 | €10,932 | ▲ 167% |
| Operating cash flow (approximation) | €11,167 | €2,980 | €32,115 | -€35 | €27,354 | ▲ 78,345% |
| Investment in fixed assets (approximation) | - | €0 | -€16,530 | -€12,442 | -€29,069 | ▼ 134% |
| Change in cash | - | €520 | €18,926 | -€11,187 | €7,790 | ▲ 170% |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €16,422
Net result €16,422 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
31-12
Financial
Highest result since 2019net €28,371 ▲908%
Operating result €39,518, net result €28,371, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Back to profitnet €11,001
Net result €11,001 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Anderlecht · 1 establishment unit since 2019
Ground area
590 m²
Building footprint
561 m²
Volume, LiDAR
8,288 m³
2 parcels, Brussels · tallest building 20.8 m, ±7 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
NVM SERVICES CONSTRUCT
since 20192.284.928.733
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0327/00G010 | Brussels | 415 m² | 1 · 410 m² | 20.8 m · 5 fl. |
| 21572B0082/00S004 | Brussels | 175 m² | 1 · 151 m² | 20.2 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
Geerts en Kinderen
BE 0404.124.566
Antwerpen · Eq €56,367
JB Schilderwerken
BE 1017.263.348
Zwevegem · Eq €55,240
Grond- en afbraakwerken Braeckman
BE 1000.193.031
Berlare · Eq €56,699
SW AANNEMINGEN
BE 0793.985.283
Nijlen · Eq €57,445
MG BETON
BE 0640.928.290
Haaltert · Eq €57,499
Of 1,366 companies in sector 43110 we hold annual accounts for 635. 488 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
Founded28-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
Contact
E-mail
nvm.serv.construct@gmail.comSint-Joost-ten-Node
Phone
+32477853241Sint-Joost-ten-Node
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719492451
Registered
28-12-2025
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.