Du Nord
ActiveThe computed 12-month bankruptcy probability of Du Nord is 1.8% (moderate). The 2025 annual accounts show equity of €108k and a net result of €49k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 46% of 27450 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+13
Solvency68▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.45 in 2024; short-term debt: 38.8% and cash: 45% of total assets), but 56.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.5%
Return on assets
19.7%
Age of the figures
9 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 06-07-2026, 25 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
22 d early
2022
34 d early
2021
5 d early
2020
32 d early
2019
63 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 55.6%
2024 · €69k
2019: €31k
2020: €42k
2021: €45k
2022: €64k
2023: €68k
2024: €69k
2019 → 2025
Total assets
€249k▲ 9.1%
2024 · €228k
2019: €47k
2020: €61k
2021: €52k
2022: €102k
2023: €261k
2024: €228k
2019 → 2025
Net result
€49k▲ 140%
2024 · €20k
2019: €19k
2020: €10k
2021: €4k
2022: €19k
2023: €4k
2024: €20k
2019 → 2025
Working capital
€83k▲ 104%
2024 · €41k
2019: €23k
2020: €35k
2021: €40k
2022: €56k
2023: €37k
2024: €41k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€64k▲ 41.2%€68k▲ 5.5%€69k▲ 2.5%€108k▲ 55.6%
Operating result€4k-€26k▲ 491%€5k▼ 82.4%€33k▲ 607%€74k▲ 124%
Net result€4k-€19k▲ 390%€4k▼ 81.0%€20k▲ 475%€49k▲ 140%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 124% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €249k
Fixed assets
€69k▼ 29.2%
Current assets
€180k▲ 37.8%
Equity and liabilities €249k
Equity
€108k▲ 55.6%
Debt
€141k▼ 11.3%
The debt ratio falls from 69.5% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103k▲
2024 · €63k
Cash flow
€79k▲
2024 · €50k
Solvency
43.5%▲
2024 · 30.5%
Current ratio
1.86▲
2024 · 1.45
Quick ratio
1.81▲
2024 · 1.44
Debt / equity
1.30▼
2024 · 2.28
ROE
45.4%▲
2024 · 29.5%
ROA
19.7%▲
2024 · 9.0%
Interest coverage
23.03▲
2024 · 9.83
Debt
€141k▼
2024 · €159k
Debt ≤ 1 year
€97k▲
2024 · €90k
Debt > 1 year
€44k▼
2024 · €68k
Income taxes
€20k▲
2024 · €7k
Staff costs
€230k▲
2024 · €205k
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€228k€249k▲
Fixed assets21/28€98k€69k▼
Intangible fixed assets21€36k€24k▼
Tangible fixed assets22/27€57k€41k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€52k€36k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€4k€4k=
Current assets29/58€130k€180k▲
Stocks and contracts in progress3€1k€5k▲
Stocks30/36€1k€5k▲
Amounts receivable within one year40/41€50k€63k▲
Trade receivables40€45k€49k▲
Other amounts receivable41€5k€13k▲
Cash at bank and in hand54/58€76k€112k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€228k€249k▲
Equity10/15€69k€108k▲
Contributions10/11€12k€12k=
Reserves13€57k€96k▲
Distributable reserves133€57k€96k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€159k€141k▼
Amounts payable after more than one year17€68k€44k▼
Financial debts170/4€68k€44k▼
Amounts payable within one year42/48€90k€97k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€24k€21k▼
Suppliers440/4€24k€21k▼
Taxes, remuneration and social security45€24k€42k▲
Taxes450/3€14k€27k▲
Remuneration and social security454/9€10k€15k▲
Other amounts payable47/48€19k€10k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€205k€230k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€269k€335k▲
Operating profit (loss)9901€33k€74k▲
Financial income75/76B€500€132▼
Recurring financial income75€500€132▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€27k€69k▲
Income taxes67/77€7k€20k▲
Profit (loss) for the period9904€20k€49k▲
Profit (loss) for the period to be appropriated9905€20k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€49k▲
Transfer from equity791/2€19k€10k▼
Transfer to equity691/2€20k€49k▲
To other reserves6921€20k€49k▲
Profit to be distributed694/7€19k€10k▼
Return on contributions (dividend)694€19k€10k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €49k ▲140%
Operating result €74k, net result €49k, both a record.
31-12
Financial
Equity above €100kEq €108k ▲55.6%
7 profitable years in a row build equity to €108k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €4k ▼81%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.74
Current ratio from 3.08 to 8.74; short-term debt falls from €17k to €5k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brasschaat · 1 establishment unit since 2019
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.
Rerum Novarumlei 382930 BrasschaatGround area
369 m²
Building footprint
157 m²
Volume, LiDAR
63 m³
Parcel 11324D0126/00X000, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
1 establishment unit
Du Nord
since 20192.284.645.849
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0126/00X000 | Flanders | 369 m² | 1 · 157 m² | 7.0 m |
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
2023 · 1 entry · 545 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 545 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@du-nord.be
Phone:0478239998