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NXV Project

Active
Private limited companyfounded 201115 yrs activeRue Salm 179, 5300 Andenne, BelgiumKBO/BCE: BE 0834.691.433

NXV Project has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €22k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
91 / 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency85▼-13
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.66 in 2024), but 55.8% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 15 years 0 20 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
44.2%
Return on assets
20.7%
Age of the figures
8 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 · 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
37 d early
2023
8 d early
2022
31 d late
2021
24 d late
2020
10 d early
2019
3 d late
← before the deadline after the deadline →
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
13-09-2026 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, micro schema

Equity
€47k▼ 22.4%
2024 · €61k
2018: €41k 2019: €53k 2020: €56k 2021: €59k 2022: €61k 2023: €61k 2024: €61k
2018 → 2025
Total assets
€107k▲ 3.8%
2024 · €104k
2018: €65k 2019: €69k 2020: €75k 2021: €70k 2022: €102k 2023: €91k 2024: €104k
2018 → 2025
Net result
€22k▲ 67.0%
2024 · €13k
2018: €14k 2019: €17k 2020: €11k 2021: €3k 2022: €12k 2023: €15 2024: €13k
2018 → 2025
Working capital
€48k▼ 18.3%
2024 · €59k
2018: €31k 2019: €45k 2020: €51k 2021: €56k 2022: €44k 2023: €50k 2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€59k-€61k▲ 3.3%€61k=€61k=€47k▼ 22.4%
Operating result€5k-€13k▲ 142%€344▼ 97.4%€18k▲ 5,094%€30k▲ 68.3%
Net result€3k-€12k▲ 312%€15▼ 99.9%€13k▲ 87,878%€22k▲ 67.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €5k€5kNet result 2021: €3k€3kOperating result 2022: €13k€13kNet result 2022: €12k€12kOperating result 2023: €344€344Net result 2023: €15€15Operating result 2024: €18k€18kNet result 2024: €13k€13kOperating result 2025: €30k€30kNet result 2025: €22k€22k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 68% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets €2k▼ 81.8%
Current assets €106k▲ 12.1%
Equity and liabilities €107k
Equity €47k▼ 22.4%
Debt €60k▲ 41.6%
The debt ratio rises from 40.9% to 55.8%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €32k
Cash flow
€30k
2024 · €28k
Solvency
44.2%
2024 · 59.1%
Current ratio
1.84
2024 · 2.66
Quick ratio
1.84
2024 · 2.66
Debt / equity
1.26
2024 · 0.69
ROE
46.9%
2024 · 21.8%
ROA
20.7%
2024 · 12.9%
Interest coverage
46.71
2024 · 34.48
Debt
€60k
2024 · €42k
Debt ≤ 1 year
€58k
2024 · €35k
Debt > 1 year
€2k
2024 · €7k
Income taxes
€7k
2024 · €5k
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€104k€107k
Fixed assets21/28€9k€2k
Tangible fixed assets22/27€9k€2k
Furniture and vehicles24€8k€879
Other tangible fixed assets26€968€781
Current assets29/58€94k€106k
Amounts receivable within one year40/41€34k€40k
Trade receivables40€14k€16k
Other amounts receivable41€21k€25k
Cash at bank and in hand54/58€59k€64k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€104k€107k
Equity10/15€61k€47k
Contributions10/11€6k€6k=
Reserves13€47k€41k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€39k
Profit (loss) carried forward14€8k€0
Amounts payable17/49€42k€60k
Amounts payable after more than one year17€7k€2k
Financial debts170/4€7k€2k
Amounts payable within one year42/48€35k€58k
Current portion of amounts payable after more than one year42€4k€5k
Trade debts44€9k€7k
Suppliers440/4€9k€7k
Taxes, remuneration and social security45€9k€10k
Taxes450/3€9k€10k
Other amounts payable47/48€13k€36k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€7k
Other operating charges640/8€1k€1k
Gross operating margin9900€34k€39k
Operating profit (loss)9901€18k€30k
Financial income75/76B€2k€214
Recurring financial income75€2k€214
Financial charges65/66B€937€804
Recurring financial charges65€937€804
Profit (loss) for the period before taxes9903€18k€29k
Income taxes67/77€5k€7k
Profit (loss) for the period9904€13k€22k
Profit (loss) for the period to be appropriated9905€13k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€21k€30k
Profit (loss) brought forward from the previous period14P€8k€8k=
Transfer from equity791/2-€6k
Profit to be distributed694/7€13k€36k
Return on contributions (dividend)694€13k€36k

The notes to these accounts (6 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 · micro schema
2025
31-12
Financial Highest result since 2018net €22k ▲67%
Operating result €30k, net result €22k, both a record.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €15 ▼99.9%
Net result drops to €15, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
21-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Andenne · 1 establishment unit since 2011
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.

Rue Salm 1795300 Andenne
Ground area
648 m²
Building footprint
67 m²
Parcel 92410A0383/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NXV PROJECT
Rue Salm 179, 5300 AndenneWholesale trade
since 20112.197.281.810
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92410A0383/00D000 Wallonia 648 m² 1 · 67 m² -
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.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 15,234 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-03-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.