NDK
ActiveNDK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507k and a net result of €74k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 2079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency77▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 2.48 in 2024), but 64.9% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
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
35.1%
Return on assets
5.1%
Age of the figures
17 mo
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
28 d late
2023
1 d early
2022
31 d early
2021
36 d late
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
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 close05-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€507k▲ 0.4%
2024 · €505k
2022: €376k
2023: €503k
2024: €505k
2022 → 2025
Total assets
€1.45M▲ 1.7%
2024 · €1.42M
2022: €762k
2023: €1.20M
2024: €1.42M
2022 → 2025
Net result
€74k▼ 70.5%
2024 · €252k
2022: €187k
2023: €193k
2024: €252k
2022 → 2025
Working capital
€622k▲ 35.8%
2024 · €458k
2022: €114k
2023: €270k
2024: €458k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€376k-€503k▲ 34.0%€505k▲ 0.4%€507k▲ 0.4%
Operating result€199k-€213k▲ 6.7%€276k▲ 30.0%€122k▼ 55.9%
Net result€187k-€193k▲ 3.0%€252k▲ 30.8%€74k▼ 70.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€524k▼ 20.0%
Current assets
€922k▲ 20.1%
Equity and liabilities €1.45M
Equity
€507k▲ 0.4%
Debt
€939k▲ 2.3%
The debt ratio rises from 64.5% to 64.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€272k▼
2024 · €404k
Cash flow
€225k▼
2024 · €379k
Solvency
35.1%▼
2024 · 35.5%
Current ratio
3.08▲
2024 · 2.48
Quick ratio
2.08▲
2024 · 1.76
Debt / equity
1.85▲
2024 · 1.82
ROE
14.6%▼
2024 · 49.9%
ROA
5.1%▼
2024 · 17.7%
Interest coverage
7.63▼
2024 · 15.62
Debt
€939k▲
2024 · €917k
Debt ≤ 1 year
€300k▼
2024 · €309k
Debt > 1 year
€639k▲
2024 · €608k
Income taxes
€16k▲
2024 · €4k
Staff costs
€179k▲
2024 · €162k
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
Total assets
20/58€1.42M€1.45M▲
Fixed assets
21/28€655k€524k▼
Tangible fixed assets
22/27€649k€518k▼
Financial fixed assets
28€6k€6k=
Current assets
29/58€767k€922k▲
Stocks & contracts in progress
3€223k€299k▲
Amounts receivable within one year
40/41€498k€540k▲
Cash & bank
54/58€27k€61k▲
Total equity & liabilities
10/49€1.42M€1.45M▲
Equity
10/15€505k€507k▲
Contributions / capital
10/11€10k€10k=
Reserves
13€495k€497k▲
Amounts payable
17/49€917k€939k▲
Amounts payable after one year
17€608k€639k▲
Amounts payable within one year
42/48€309k€300k▼
Trade debts payable within one year
44€52k€48k▼
Income statement
Code20242025
Gross operating margin
9900€579k€455k▼
Operating result
9901€276k€122k▼
Financial income
75€5k€4k▼
Financial charges
65€26k€36k▲
Result before taxes
9903€256k€90k▼
Income taxes
67/77€4k€16k▲
Net result for the period
9904€252k€74k▼
Result to be appropriated
9905€252k€74k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €74k ▼70.5%
Net result drops to €74k, the lowest in the series.
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
31-03
Financial
Highest result since 2022net €252k ▲30.8%
Operating result €276k, net result €252k, both a record.
2023
27-12
State Gazette act
Director changes
Christophe Vandeurzen
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €500kEq €503k ▲34%
2 profitable years in a row build equity to €503k.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 36 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
No sitting directors are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
27-12-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2006
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.
Rooiveldstraat 528020 OostkampGround area
861 m²
Building footprint
145 m²
Volume, LiDAR
660 m³
Parcel 31037A0338/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bouwbedrijf N.D.K.
since 20062.152.915.295
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31037A0338/00P000 | Flanders | 861 m² | 1 · 145 m² | 7.9 m · 2 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
BOUWWERKEN VALKENBORGH KRIS
BE 0647.533.693
Bilzen-Hoeselt · Eq €507k
BOUWONDERNEMING SJARL ONSEA
BE 0719.877.976
Ranst · Eq €507k
LOUIS DAMMEN
BE 0444.355.020
Balen · Eq €508k
VAN LIERDE NATUURSTEEN
BE 0424.341.445
Menen · Eq €508k
PONROL RENOVATION
BE 0812.326.597
Bertrix · Eq €508k
Of 29,664 companies in sector 41001 we hold annual accounts for 15,472. 8,998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2006
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
43110Demolition
43331Floor and wall tiling
43341Painting of buildings
43350Other building finishing work
45111
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 09-08-2026. Scores and ratios are computed by Checked and are not a credit decision.