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NYAD

Active
Private limited companyfounded 20233 yrs activeKoolkappersstraat(Kor) 12, 8500 Kortrijk, BelgiumKBO/BCE: BE 0805.629.441
Summary

The computed 12-month bankruptcy probability of NYAD is 4.0% (moderate). The 2024 annual accounts show equity of €5,028 and a net result of €28. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability69
Solvency53
Growth-
Track record79
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
28%
Return on assets
0.2%
Age of the figures
21 mo
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 18-06-2026, 43 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
43 d early
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
29-09-2026 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

History

NYAD was incorporated on 8 September 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€5,028
Total assets
€17,924
Net result
€28
Working capital
€1,169

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €15,090
Fixed assets €1,025
Current assets €14,065
Equity and liabilities €17,924
Equity €5,028
Debt €12,896
Debt finances 72.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€3,116
Cash flow
€1,546
Current ratio
1.09
Debt to equity
2.57
ROE
0.5%
ROA
0.2%
Interest coverage
44.14
Debt ≤ 1 year
€12,896
Income taxes
€1,500

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€17,924
Formation expenses20€2,834
Fixed assets21/28€1,025
Tangible fixed assets22/27€1,025
Plant, machinery and equipment23€1,025
Current assets29/58€14,065
Amounts receivable within one year40/41€208
Trade receivables40€208
Cash at bank and in hand54/58€12,396
Deferred charges and accrued income490/1€1,461
Equity and liabilities
Total equity and liabilities10/49€17,924
Equity10/15€5,028
Contributions10/11€5,000
Profit (loss) carried forward14€28
Amounts payable17/49€12,896
Amounts payable within one year42/48€12,896
Trade debts44€1,373
Suppliers440/4€1,373
Taxes, remuneration and social security45€3,973
Taxes450/3€3,973
Other amounts payable47/48€7,551
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,518
Other operating charges640/8€1,217
Gross operating margin9900€4,333
Operating profit (loss)9901€1,598
Financial charges65/66B€71
Recurring financial charges65€71
Profit (loss) for the period before taxes9903€1,528
Income taxes67/77€1,500
Profit (loss) for the period9904€28
Profit (loss) for the period to be appropriated9905€28
Appropriation of the result
Profit (loss) to be appropriated9906€28

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,518
Other operating charges640/8€1,217
Gross operating margin9900€4,333
Operating profit (loss)9901€1,598
Financial charges65/66B€71
Recurring financial charges65€71
Profit (loss) for the period before taxes9903€1,528
Income taxes67/77€1,500
Profit (loss) for the period9904€28
Profit (loss) for the period to be appropriated9905€28
Line2024
Assets
Total assets20/58€17,924
Formation expenses20€2,834
Fixed assets21/28€1,025
Tangible fixed assets22/27€1,025
Plant, machinery and equipment23€1,025
Current assets29/58€14,065
Amounts receivable within one year40/41€208
Trade receivables40€208
Cash at bank and in hand54/58€12,396
Deferred charges and accrued income490/1€1,461
Equity and liabilities
Total equity and liabilities10/49€17,924
Equity10/15€5,028
Contributions10/11€5,000
Profit (loss) carried forward14€28
Amounts payable17/49€12,896
Amounts payable within one year42/48€12,896
Trade debts44€1,373
Suppliers440/4€1,373
Taxes, remuneration and social security45€3,973
Taxes450/3€3,973
Other amounts payable47/48€7,551
Line2024
Profit (loss) for the period9904€28
+ Depreciation and write-downs630€1,518
Operating cash flow (approximation)€1,546

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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 2023
seat establishment The establishment unit on the map
Ground area
322 m²
Building footprint
108 m²
Volume, LiDAR
738 m³
Parcel 34352C0426/00K005, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NYAD
Koolkappersstraat(Kor) 12, 8500 KortrijkSpecialist medical practice
since 20232.351.325.233
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34352C0426/00K005 Flanders 321 m² 1 · 108 m² 10.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845000B60EAC69D5651
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded08-09-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805629441
Also 9925:BE0805629441
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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