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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 €3.24M and a net result of €18.42M. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39=
Growth69=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k 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.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.4%
Return on assets
81.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies more bankruptcies →
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 →
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 months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, full schema

Turnover
€23.60M▲ 5.2%
2024 · €22.44M
2021: €18.87M 2022: €21.45M 2023: €22.42M 2024: €22.44M
2021 → 2025
EBIT margin
88.7%▲ 1.4pp
2024 · 87.3%
2021: 91.6% 2022: 93.8% 2023: 89.7% 2024: 87.3%
2021 → 2025
Net result
€18.42M▲ 6.7%
2024 · €17.26M
2018: €851k 2019: €6.55M 2020: €12.18M 2021: €15.47M 2022: €17.73M 2023: €17.70M 2024: €17.26M
2018 → 2025
Working capital
€100k▼ 34.4%
2024 · €153k
2018: €1.25M 2019: €2.29M 2020: €1.70M 2021: €1.32M 2022: €812k 2023: €313k 2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€18.87M-€21.45M▲ 13.7%€22.42M▲ 4.5%€22.44M▲ 0.1%€23.60M▲ 5.2%
Equity€2.68M-€2.83M▲ 5.8%€2.79M▼ 1.5%€2.96M▲ 6.3%€3.24M▲ 9.3%
Operating result€17.28M-€20.13M▲ 16.5%€20.12M=€19.59M▼ 2.6%€20.92M▲ 6.8%
Net result€15.47M-€17.73M▲ 14.6%€17.70M▼ 0.2%€17.26M▼ 2.5%€18.42M▲ 6.7%
Result per fiscal year
Operating resultNet result
€0€10.00M€20.00MOperating result 2021: €17.28M€17.28MNet result 2021: €15.47M€15.47MOperating result 2022: €20.13M€20.13MNet result 2022: €17.73M€17.73MOperating result 2023: €20.12M€20.12MNet result 2023: €17.70M€17.70MOperating result 2024: €19.59M€19.59MNet result 2024: €17.26M€17.26MOperating result 2025: €20.92M€20.92MNet result 2025: €18.42M€18.42M20212022202320242025€0€10M€20MOperating result 2023: €20.12M€20MNet result 2023: €17.70M€18MOperating result 2024: €19.59M€20MNet result 2024: €17.26M€17MOperating result 2025: €20.92M€21MNet result 2025: €18.42M€18M202320242025
The operating result recovers in 2025; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.52M
Fixed assets €3.26M ▲ 7.3%
Current assets €19.26M ▲ 4.3%
Equity and liabilities €22.52M
Equity €3.24M ▲ 9.3%
Provisions €18k ▼ 45.3%
Debt €19.27M ▲ 4.1%
Debt's share of the balance-sheet total falls from 86.1% to 85.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22.09M
2024 · €20.61M
Cash flow
€19.59M
2024 · €18.28M
Current ratio
1.01
2024 · 1.01
Debt to equity
5.95
2024 · 6.25
ROE
568.8%
2024 · 582.6%
ROA
81.8%
2024 · 80.3%
Interest coverage
172.52
2024 · 83.21
Debt ≤ 1 year
€19.16M
2024 · €18.31M
Income taxes
€2.64M
2024 · €2.44M
Staff costs
€1.64M
2024 · €1.48M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
Balance sheet Code20242025
Assets
Total assets20/58€21.50M€22.52M
Fixed assets21/28€3.04M€3.26M
Intangible fixed assets21€2.95M€3.20M
Tangible fixed assets22/27€87k€56k
Furniture and vehicles24€87k€56k
Current assets29/58€18.46M€19.26M
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€6.58M€18.17M
Trade receivables40€6.13M€18.11M
Other amounts receivable41€459k€59k
Current investments50/53€6.00M€0
Other investments51/53€6.00M€0
Cash at bank and in hand54/58€5.82M€1.08M
Deferred charges and accrued income490/1€58k€15k
Equity and liabilities
Total equity and liabilities10/49€21.50M€22.52M
Equity10/15€2.96M€3.24M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.90M€3.18M
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€97k€53k
Distributable reserves133€2.80M€3.12M
Provisions and deferred taxes16€32k€18k
Deferred taxes168€32k€18k
Amounts payable17/49€18.50M€19.27M
Amounts payable within one year42/48€18.31M€19.16M
Trade debts44€402k€290k
Suppliers440/4€402k€290k
Taxes, remuneration and social security45€586k€728k
Taxes450/3€371k€454k
Remuneration and social security454/9€215k€274k
Other amounts payable47/48€17.32M€18.14M
Accrued charges and deferred income492/3€195k€104k
Income statement Code20242025
Operating income70/76A€23.77M€25.12M
Turnover70€22.44M€23.60M
Own construction capitalised72€1.20M€1.37M
Other operating income74€128k€148k
Non-recurring operating income76A€0-
Operating charges60/66A€4.18M€4.19M
Services and other goods61€1.62M€1.38M
Remuneration, social security and pensions62€1.48M€1.64M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.02M€1.17M
Other operating charges640/8€3k€2k
Non-recurring operating charges66A€56k€0
Operating profit (loss)9901€19.59M€20.92M
Financial income75/76B€345k€250k
Recurring financial income75€345k€250k
Income from current assets751€345k€250k
Other financial income752/9€0€0
Financial charges65/66B€249k€130k
Recurring financial charges65€249k€130k
Debt charges650€248k€128k
Other financial charges652/9€2k€2k
Profit (loss) for the period before taxes9903€19.68M€21.04M
Transfer from deferred taxes780€15k€15k=
Income taxes67/77€2.44M€2.64M
Taxes670/3€2.44M€2.64M
Tax adjustments and reversals of tax provisions77€3k€4k
Profit (loss) for the period9904€17.26M€18.42M
Transfer from tax-exempt reserves789€44k€44k=
Profit (loss) for the period to be appropriated9905€17.30M€18.46M
Appropriation of the result
Profit (loss) to be appropriated9906€17.30M€18.46M
Transfer to equity691/2€219k€320k
To other reserves6921€219k€320k
Profit to be distributed694/7€17.08M€18.14M
Return on contributions (dividend)694€17.08M€18.14M
Social balance
Average headcount (FTE)908719.820.8

The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €18.42M ▲6.7%
Operating result €20.92M, net result €18.42M, both a record.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
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
14 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, Kortrijk · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Wolvenstraat(Kor) 238500 Kortrijk
Ground area
1.6 ha
Building footprint
2,784 m²
Volume, LiDAR
31,438 m³
Parcel 34022E0199/00M008, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BUSINESS SUPPORT
Wolvenstraat(Kor) 23, 8500 KortrijkFinancial service activities, except insurance and pension funding
since 19912.053.009.849
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34022E0199/00M008 Flanders 1.6 ha 1 · 2,783 m² 14.9 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 8 entries · 323,861 EUR awarded · 323,861 EUR paid
Year Entries awardedpaid
2025 3 -8,967 EUR46,214 EUR
2024 3 185,283 EUR130,102 EUR
2023 1 93,017 EUR93,017 EUR
2022 1 54,528 EUR54,528 EUR
Schemes
Ontwikkelingsproject
3 entries · 167,909 EUR · 167,909 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
4 entries · 155,490 EUR · 155,490 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 462 EUR · 462 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

3 ended
Administratief medewerker (so)
ended · 2019 to 2024
Polyvalent administratief ondersteuner (vwo)
ended · 2019 to 2024
Polyvalent administratief ondersteuner duaal (so)
ended · 2019 to 2024

Legal Entity Identifier

6488L0U358IN53SIH511
live in the LEI register

Similar companies · same sector, comparable size

Of 1,014 companies in sector 78200 we hold annual accounts for 645. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
78200Temporary employment agencies and other provision of personnel
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

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