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NXTPeople

Active
Public limited companyfounded 198936 yrs activeWolvenstraat(Kor) 23, 8500 Kortrijk, BelgiumKBO/BCE: BE 0439.600.535
Summary

NXTPeople has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €18.4m. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 261 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Temporary employment agencies and other provision of personnel
NACE 78200Business and other management consultancy NACE 70200Business consulting NACE 70220
#8 oldest company in West Flanders, Employment activities sector1 site
Size
€23.6mturnover 2025
Staff
20.8 FTE
Equity
€3.2m
Profit
€18.4m
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Parent
MELISANDE · 100%
Accounts 16 d early0 of 14 deeds read
Why 85- Equity €3.2m (14.4% of total assets)- Liquidity: current ratio 1.01, cash €1.1m, halved- Size: turnover €23.6m, 20.8 FTE, total assets €22.5m+ Profit of €18.4m (FY 2025)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 51% of its sector peers (NACE 78, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 39=
equity 14.4% of total assets
Liquidity 9-28
short-term debt 85.1% · cash 4.8%
Profitability 100=
return on assets 81.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (196 companies)
Last 11 months 12-2025: 0.1% 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -4.7% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -1.2% vs 03-2026 05-2026: 0.1%▼ -1.3% vs 04-2026lowest value 06-2026: 0.1%▲ +1.3% vs 05-2026 07-2026: 0.1%▲ +2.5% vs 06-2026 08-2026: 0.4%▲ +333% vs 07-2026highest value 09-2026: 0.4%● 0.0% vs 08-2026highest value 10-2026: 0.4%● 0.0% vs 09-2026highest value
  • Equity €3.2m (14.4% of total assets) raises the probability
  • Liquidity: current ratio 1.01, cash €1.1m, halved raises the probability
  • Profit of €18.4m (FY 2025) lowers the probability
  • Size: turnover €23.6m, 20.8 FTE, total assets €22.5m raises the probability for this profile
Credit up to €270,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.01 in 2024; short-term debt: 85.1% and cash: 4.8% of total assets), and 85.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 78, small). Better than this share of them on solvency 31%, liquidity 8%, profitability 95%, growth against the median 69%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Equity €3.2m (14.4% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.01, cash €1.1m, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Profit of €18.4m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: turnover €23.6m, 20.8 FTE, total assets €22.5m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
14 d early
2023
13 d early
2022
21 d early
2021
27 d early
2020
17 d early
2019
18 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% 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. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €18.4m ▲6.7%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Among the best 5% on net resultsector median €34,770 · 262 companies €18.4m View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €18.4m 8 years View
  • Controlled by MELISANDEultimately: Liv 100% View
  • Flemish supportawarded 2022 - 2025 €323,861 View

By topic

Financials

Fiscal year
2025
Turnover
€23.6m
Profit
€18.4m
Solvency
14.4%
Turnover▲ 5.2%
Net result
20212025
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 15-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 17-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Temporary employment agencies and other provision of personnelNACE 78200
Founded
19-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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