NAMUR S-TATE
ActiveSummary
The computed 12-month bankruptcy probability of NAMUR S-TATE is 2.0% (moderate). The 2025 annual accounts show negative equity (€-91k) and a net result of €-18k. Equity is shrinking by ~16.1% per year across the filed fiscal years. The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56=
Solvency0▼-4
Growth25▲+3
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.15 in 2024; short-term debt: 96% of total assets), and equity is negative.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-29.4%
Return on assets
-6%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-91k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
68 d early
2024
80 d early
2023
70 d early
2022
76 d early
2021
76 d early
2020
69 d early
2019
81 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€40k▲ 6.4%
2024 · €37k
2019: €61k
2020: €67k
2021: €65k
2022: €40k
2023: €51k
2024: €37k
2019 → 2025
EBIT margin
-20.5%▲ 1.9pp
2024 · -22.4%
2019: 25.6%
2020: 31.0%
2021: 29.8%
2022: -27.5%
2023: 10.4%
2024: -22.4%
2019 → 2025
Net result
€-18k▼ 0.4%
2024 · €-18k
2019: €771
2020: €7k
2021: €7k
2022: €-24k
2023: €189
2024: €-18k
2019 → 2025
Working capital
€-296k▼ 30.4%
2024 · €-227k
2019: €-228k
2020: €-225k
2021: €-223k
2022: €-248k
2023: €-246k
2024: €-227k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€65k-€40k▼ 39.5%€51k▲ 29.1%€37k▼ 26.8%€40k▲ 6.4%
Equity€-31k-€-54k▼ 77.4%€-54k▲ 0.3%€-73k▼ 33.8%€-91k▼ 25.4%
Operating result€19k-€-11k€5k€-8k€-8k▲ 2.7%
Net result€7k-€-24k€189€-18k€-18k▼ 0.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€308k ▲ 1.4%
Current assets
€1k ▼ 97.4%
Key figures and ratios
EBITDA
€28k▲
2024 · €27k
Cash flow
€18k▲
2024 · €17k
Solvency
-29.4%▼
2024 · -21.0%
Current ratio
0.00▼
2024 · 0.15
Debt to equity
-4.40▲
2024 · -5.75
ROA
-6.0%▼
2024 · -5.3%
Interest coverage
2.75▲
2024 · 2.69
Debt
€400k▼
2024 · €417k
Debt ≤ 1 year
€297k▲
2024 · €268k
Debt > 1 year
€103k▼
2024 · €146k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€345k€310k▼
Fixed assets21/28€304k€308k▲
Tangible fixed assets22/27€304k€308k▲
Land and buildings22€302k€304k▲
Plant, machinery and equipment23€3k€5k▲
Current assets29/58€41k€1k▼
Cash at bank and in hand54/58€40k-
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€345k€310k▼
Equity10/15€-73k€-91k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-93k€-111k▼
Amounts payable17/49€417k€400k▼
Amounts payable after more than one year17€146k€103k▼
Financial debts170/4€146k€103k▼
Amounts payable within one year42/48€268k€297k▲
Financial debts43€0€7k▲
Credit institutions430/8€0€7k▲
Other amounts payable47/48€268k€290k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Turnover70€37k€40k▲
Goods, raw materials, services and sundry goods60/61€7k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€31k€32k▲
Operating profit (loss)9901€-8k€-8k▲
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€-18k€-18k▼
Profit (loss) for the period9904€-18k€-18k▼
Profit (loss) for the period to be appropriated9905€-18k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-111k▼
Profit (loss) brought forward from the previous period14P€-74k€-93k▼
The notes to these accounts (8 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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €189
Net result €189 after one loss-making year.
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-24k ▼445%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €7k ▲831%
Operating result €21k, net result €7k, both a record.
2019
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
18-11
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
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, Ukkel · 1 establishment unit since 1988
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.
Hamoirlaan 12-141180 UkkelGround area
1.5 ha
Building footprint
1,104 m²
Volume, LiDAR
15,481 m³
2 parcels, Brussels, Flanders · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DEAONIC MEDIA
since 19882.039.893.172
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0294/00Z019 | Brussels | 1.3 ha | 1 · 914 m² | 18.9 m · 6 fl. |
| 23543O0005/00L011 | Flanders | 1,835 m² | 1 · 190 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
87550018LE2PJ5M0YZ87
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-1988
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.