NXT Gear
ActiveNXT Gear has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572k and a net result of €-99k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-16
Solvency49▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.15 in 2024; short-term debt: 65.8% and cash: 1.7% of total assets), and 76.5% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
1819202122232425
2018 to 2025 · latest year €-99k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-01-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 d early
2024
35 d early
2023
49 d early
2022
34 d early
2021
57 d early
2020
59 d early
2019
84 d early
← 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
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€572k▼ 14.7%
2024 · €671k
2018: €238k
2019: €301k
2020: €259k
2021: €324k
2022: €682k
2023: €684k
2024: €671k
2018 → 2025
Total assets
€2.43M▲ 7.4%
2024 · €2.27M
2018: €1.29M
2019: €1.26M
2020: €1.26M
2021: €1.18M
2022: €2.51M
2023: €2.84M
2024: €2.27M
2018 → 2025
Net result
€-99k▼ 667%
2024 · €-13k
2018: €8k
2019: €-67k
2020: €-42k
2021: €98k
2022: €13k
2023: €2k
2024: €-13k
2018 → 2025
Working capital
€55k▼ 71.8%
2024 · €197k
2018: €205k
2019: €189k
2020: €134k
2021: €165k
2022: €243k
2023: €236k
2024: €197k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€324k-€682k▲ 110%€684k▲ 0.2%€671k▼ 1.9%€572k▼ 14.7%
Operating result€120k-€45k▼ 62.3%€49k▲ 8.2%€24k▼ 51.7%€-48k
Net result€98k-€13k▼ 87.1%€2k▼ 88.1%€-13k€-99k▼ 667%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €48k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.33M
Fixed assets
€678k▼ 7.7%
Current assets
€1.65M▲ 8.2%
Equity and liabilities €2.43M
Equity
€572k▼ 14.7%
Debt
€1.86M▲ 16.7%
The debt ratio rises from 70.4% to 76.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €100k
Cash flow
€-24k▼
2024 · €63k
Solvency
23.5%▼
2024 · 29.6%
Current ratio
1.03▼
2024 · 1.15
Quick ratio
0.23▼
2024 · 0.33
Debt / equity
3.25▲
2024 · 2.38
ROE
-17.2%▼
2024 · -1.9%
ROA
-4.0%▼
2024 · -0.6%
Interest coverage
0.40▼
2024 · 1.84
Debt
€1.86M▲
2024 · €1.59M
Debt ≤ 1 year
€1.60M▲
2024 · €1.33M
Debt > 1 year
€261k▼
2024 · €261k
Staff costs
€381k▲
2024 · €345k
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€2.27M€2.43M▲
Formation expenses20-€99k
Fixed assets21/28€735k€678k▼
Intangible fixed assets21€221k€191k▼
Tangible fixed assets22/27€499k€469k▼
Land and buildings22€406k€384k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€17k€17k▲
Other tangible fixed assets26€67k€62k▼
Financial fixed assets28€15k€18k▲
Current assets29/58€1.53M€1.65M▲
Stocks and contracts in progress3€1.09M€1.28M▲
Stocks30/36€1.09M€1.28M▲
Amounts receivable within one year40/41€377k€334k▼
Trade receivables40€358k€201k▼
Other amounts receivable41€19k€132k▲
Cash at bank and in hand54/58€67k€41k▼
Equity and liabilities
Total equity and liabilities10/49€2.27M€2.43M▲
Equity10/15€671k€572k▼
Contributions10/11€494k€494k=
Reserves13€177k€79k▼
Tax-exempt reserves132€30k€30k=
Distributable reserves133€147k€49k▼
Amounts payable17/49€1.59M€1.86M▲
Amounts payable after more than one year17€261k€261k▼
Financial debts170/4€261k€261k▼
Amounts payable within one year42/48€1.33M€1.60M▲
Current portion of amounts payable after more than one year42€68k€88k▲
Financial debts43€829k€821k▼
Credit institutions430/8€829k€821k▼
Trade debts44€278k€505k▲
Suppliers440/4€278k€505k▲
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€152k€179k▲
Taxes450/3€112k€146k▲
Remuneration and social security454/9€40k€33k▼
Other amounts payable47/48€6k-
Income statement
Code20242025
Remuneration, social security and pensions62€345k€381k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€75k▼
Other operating charges640/8€5k€9k▲
Gross operating margin9900€450k€416k▼
Operating profit (loss)9901€24k€-48k▼
Financial income75/76B€19k€16k▼
Recurring financial income75€19k€16k▼
Financial charges65/66B€54k€66k▲
Recurring financial charges65€54k€66k▲
Profit (loss) for the period before taxes9903€-11k€-99k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€-13k€-99k▼
Profit (loss) for the period to be appropriated9905€-13k€-99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-99k▼
Transfer from equity791/2€13k€99k▲
Social balance
Average headcount (FTE)90876.36.5▲
The notes to these accounts (20 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
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-99k
Net result drops to €-99k, the lowest in the series.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €500kEq €682k ▲110%
2 profitable years in a row build equity to €682k.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €98k
Net result €98k after 2 loss-making years.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Essen · 2 establishment units since 1997
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.
Nieuwstraat 59-612910 EssenGround area
6,761 m²
Building footprint
3,982 m²
Volume, LiDAR
26,116 m³
2 parcels, Flanders · tallest building 19.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
NXT gear Essen
since 19972.083.357.189
NXT gear Kalmthout
since 20222.327.336.341
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0809/00B002 | Flanders | 5,758 m² | 1 · 3,217 m² | 19.0 m · 2 fl. |
| 11016A0044/00F002 | Flanders | 1,003 m² | 1 · 765 m² | 13.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 endedLegal Entity Identifier
699400LQA56F2Q93DU54
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Of 1,467 companies in sector 47632 we hold annual accounts for 733. 554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-1997
Fiscal year end30-09
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
52492
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.