NBOURG MANAGEMENT
ActiveSummary
NBOURG MANAGEMENT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €646k and a net result of €-240k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 21% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-74
Solvency39▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.07 against 1.7 in 2024; short-term debt: 24.8% and cash: 0.2% of total assets), and 86.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
13.8%
Return on assets
-5.1%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7029 sector peers (2025).
NBB · sector comparisonPosition among 7029 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
235 d late
2023
118 d late
2022
4 d late
2021
61 d late
2020
268 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€646k▼ 33.7%
2024 · €974k
2019: €234k
2020: €232k
2021: €222k
2022: €209k
2023: €206k
2024: €974k
2019 → 2025
Total assets
€4.69M▼ 13.0%
2024 · €5.40M
2019: €2.38M
2020: €5.15M
2021: €5.16M
2022: €5.67M
2023: €4.87M
2024: €5.40M
2019 → 2025
Net result
€-240k
2024 · €768k
2019: €-16k
2020: €-2k
2021: €-22k
2022: €-13k
2023: €-3k
2024: €768k
2019 → 2025
Working capital
€-1.08M
2024 · €500k
2019: €-1.92M
2020: €-151k
2021: €-1.03M
2022: €-298k
2023: €-703k
2024: €500k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€222k-€209k▼ 5.8%€206k▼ 1.5%€974k▲ 372%€646k▼ 33.7%
Operating result€82k-€113k▲ 36.7%€116k▲ 2.9%€1.22M▲ 954%€-136k
Net result€-22k-€-13k▲ 41.9%€-3k▲ 75.8%€768k€-240k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €136k after €1.22M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.69M
Fixed assets
€4.61M ▲ 10.3%
Current assets
€87k ▼ 92.8%
Equity and liabilities €4.69M
Equity
€646k ▼ 33.7%
Debt
€4.05M ▼ 8.4%
Debt's share of the balance-sheet total rises from 81.9% to 86.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €1.32M
Cash flow
€-95k▼
2024 · €862k
Current ratio
0.07▼
2024 · 1.70
Debt to equity
6.27▲
2024 · 4.54
ROE
-37.2%▼
2024 · 78.8%
ROA
-5.1%▼
2024 · 14.2%
Interest coverage
0.08▼
2024 · 8.54
Debt ≤ 1 year
€1.16M▲
2024 · €716k
Debt > 1 year
€2.83M▼
2024 · €3.62M
Income taxes
€4k▼
2024 · €301k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.40M€4.69M▼
Fixed assets21/28€4.18M€4.61M▲
Tangible fixed assets22/27€3.68M€4.11M▲
Land and buildings22€3.61M€4.03M▲
Furniture and vehicles24€65k€79k▲
Financial fixed assets28€500k€500k=
Current assets29/58€1.22M€87k▼
Amounts receivable within one year40/41€423k€79k▼
Trade receivables40€9k€76k▲
Other amounts receivable41€413k€3k▼
Current investments50/53-€0
Cash at bank and in hand54/58€793k€7k▼
Deferred charges and accrued income490/1€0€715▲
Equity and liabilities
Total equity and liabilities10/49€5.40M€4.69M▼
Equity10/15€974k€646k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€956k€627k▼
Amounts payable17/49€4.42M€4.05M▼
Amounts payable after more than one year17€3.62M€2.83M▼
Financial debts170/4€3.60M€2.81M▼
Other amounts payable178/9€19k€17k▼
Amounts payable within one year42/48€716k€1.16M▲
Current portion of amounts payable after more than one year42€197k€803k▲
Financial debts43€0€248▲
Credit institutions430/8€0€248▲
Trade debts44€2k€22k▲
Suppliers440/4€2k€22k▲
Taxes, remuneration and social security45€332k€326k▼
Taxes450/3€332k€326k▼
Other amounts payable47/48€186k€13k▼
Accrued charges and deferred income492/3€85k€54k▼
Income statement
Code20242025
Non-recurring operating income76A€1.42M€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€145k▲
Other operating charges640/8€38k€43k▲
Non-recurring operating charges66A€24k€0▼
Gross operating margin9900€1.38M€52k▼
Operating profit (loss)9901€1.22M€-136k▼
Financial income75/76B€36€12k▲
Recurring financial income75€36€12k▲
Financial charges65/66B€154k€113k▼
Recurring financial charges65€154k€113k▼
Profit (loss) for the period before taxes9903€1.07M€-236k▼
Income taxes67/77€301k€4k▼
Profit (loss) for the period9904€768k€-240k▼
Profit (loss) for the period to be appropriated9905€768k€-240k▼
Appropriation of the result
Profit (loss) to be appropriated9906€956k€627k▼
Profit (loss) brought forward from the previous period14P€188k€868k▲
The notes to these accounts (16 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
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 235 days late
31-03
Financial
Weakest financial yearnet €-240k ▼131%
Net result drops to €-240k, the lowest in the series.
2024
31-03
Financial
Back to profitnet €768k
Net result €768k after 5 loss-making years.
31-03
Financial
Liquidity times 11current ratio 1.70
Current ratio from 0.16 to 1.70; short-term debt falls from €835k to €716k.
31-03
Financial
Equity above €500kEq €974k ▲372%
Equity rises from €206k to €974k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 268 days late
2019
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 274 days late
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 97 days late
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 233 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Jurbise · 1 establishment unit since 2002
Ground area
3,103 m²
Building footprint
476 m²
Volume, LiDAR
980 m³
2 parcels, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Vinaudrée(J.-S.) 24, 1370 Jodoigne
since 20022.098.744.854
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25049C0178/00L000 | Wallonia | 2,808 m² | 1 · 166 m² | 10.0 m · 2 fl. |
| 53050D0115/00M000 | Wallonia | 295 m² | 1 · 310 m² | - |
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
9845003C9C5F2DEA5D68
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2001
Fiscal year end31-03
Activities, NACEBEL 2025
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.