NY Architects
ActiveNY Architects has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €34k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+13
Solvency92▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.56 in 2023; short-term debt: 33.2% and cash: 48% of total assets), and 33.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
3 d late
2022
7 d late
2021
31 d late
2020
9 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▲ 80.5%
2023 · €19k
2018: €17k
2019: €14k
2020: €24k
2021: €24k
2022: €9k
2023: €19k
2018 → 2024
Working capital
€80k▲ 12.6%
2023 · €71k
2018: €29k
2019: €43k
2020: €68k
2021: €89k
2022: €95k
2023: €71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€78k-€102k▲ 30.5%€109k▲ 7.3%€88k▼ 19.6%€91k▲ 4.0%
Operating result€29k-€26k▼ 12.0%€5k▼ 80.1%€24k▲ 366%€47k▲ 99.8%
Net result€24k-€24k▲ 0.9%€9k▼ 61.3%€19k▲ 102%€34k▲ 80.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 100% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137k
Fixed assets
€12k▼ 38.8%
Current assets
€125k▲ 7.9%
Equity and liabilities €137k
Equity
€91k▲ 4.0%
Debt
€45k▼ 3.8%
The debt ratio falls from 35.0% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2023 · €31k
Cash flow
€41k▲
2023 · €26k
Solvency
66.8%▲
2023 · 65.0%
Current ratio
2.75▲
2023 · 2.56
Quick ratio
2.75▲
2023 · 2.56
Debt / equity
0.50▼
2023 · 0.54
ROE
36.7%▲
2023 · 21.1%
ROA
24.5%▲
2023 · 13.7%
Interest coverage
302.33▲
2023 · 97.68
Debt
€45k▼
2023 · €47k
Debt ≤ 1 year
€45k▲
2023 · €45k
Income taxes
€14k▲
2023 · €7k
Staff costs
€409▼
2023 · €466
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€135k€137k▲
Fixed assets21/28€19k€12k▼
Tangible fixed assets22/27€19k€12k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€14k€8k▼
Current assets29/58€116k€125k▲
Amounts receivable after more than one year29€52k€52k=
Trade receivables290€52k€52k=
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€8k€4k▼
Other amounts receivable41€465€3k▲
Cash at bank and in hand54/58€55k€66k▲
Deferred charges and accrued income490/1€428€499▲
Equity and liabilities
Total equity and liabilities10/49€135k€137k▲
Equity10/15€88k€91k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€80k€83k▲
Amounts payable17/49€47k€45k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€45k€45k▲
Trade debts44€509€310▼
Suppliers440/4€509€310▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€11k€13k▲
Remuneration and social security454/9€54-
Other amounts payable47/48€34k€27k▼
Income statement
Code20232024
Remuneration, social security and pensions62€466€409▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€178€291▲
Gross operating margin9900€32k€56k▲
Operating profit (loss)9901€24k€47k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€317€182▼
Recurring financial charges65€317€182▼
Profit (loss) for the period before taxes9903€25k€47k▲
Income taxes67/77€7k€14k▲
Profit (loss) for the period9904€19k€34k▲
Profit (loss) for the period to be appropriated9905€19k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€113k▼
Profit (loss) brought forward from the previous period14P€101k€80k▼
Profit to be distributed694/7€40k€30k▼
Return on contributions (dividend)694€40k€30k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2018net €34k ▲80.5%
Operating result €47k, net result €34k, both a record.
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 3 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €9k ▼61.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €102k ▲30.5%
4 profitable years in a row build equity to €102k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vorst · 1 establishment unit since 2017
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.
Montenegrostraat 1641190 VorstGround area
87 m²
Building footprint
76 m²
Volume, LiDAR
1,542 m³
Parcel 21007A0037/00C006, Brussels · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Montenegrostraat 164, 1190 Vorst
since 20172.260.552.930
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0037/00C006 | Brussels | 87 m² | 1 · 76 m² | 23.9 m · 7 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.
Similar companies · same sector, comparable size
RALPH PALOTAS ARCHITEKTENBURO
BE 0479.598.583
Eupen · Eq €91k
CENTRAL SOCIETE D’ARCHITECTE
BE 0640.998.269
Vorst · Eq €91k
Thomaere Architecten
BE 0762.823.044
Herentals · Eq €91k
Bureau d’études 981, Ingénieurs et Architectes
BE 0715.995.503
Genappe · Eq €91k
Spectra
BE 0652.984.105
Gent · Eq €91k
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2017
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.