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NGCS

Active
Allée Centrale(Thy) 10 ·5651 Walcourt, Belgium
KBO/BCE: BE 1007.959.365
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Age2 yrs
Real estate1 parcel · 981 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of NGCS is 0.5% (very low). The 2024 annual accounts show equity of €140k and a net result of €137k. Its solvency ranks better than 88% of 12464 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 88% of 12464 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 26-05-2025 66 d early 2025-00109834

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€137k
Working capital€130k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 26-05-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 86.2% 60.6%
better than 88% of 12464 sector peers
Net result €137k €31k
better than 93% of 12466 sector peers
Equity €140k €63k
better than 76% of 12472 sector peers
Gross operating margin €178k €52k
better than 91% of 12452 sector peers
Total assets €162k €124k
better than 60% of 12465 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€178k
Net profit€137k
Cash flow€139k
Staff costs-
Income taxes€39k
Dividends-
Total assets€162k
Equity€140k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€130k
Employees (FTE)-
Ratios (computed)
2024
Current ratio6.83
Quick ratio6.83
Working capital ratio80.2%
Solvency86.2%
Debt / equity0.16
Long-term debt ratio-
Interest coverage9477.08
Gross margin-
Net margin-
ROA84.4%
ROE97.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€162k
Fixed assets 21/28€9k
Formation expenses 20€547
Tangible fixed assets 22/27€9k
Current assets 29/58€152k
Amounts receivable within one year 40/41€64k
Cash & bank 54/58€88k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€162k
Equity 10/15€140k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€137k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€178k
Operating result 9901€176k
Financial income 75€0
Financial charges 65€19
Result before taxes 9903€176k
Income taxes 67/77€39k
Net result for the period 9904€137k
Result to be appropriated 9905€137k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Allée Centrale(Thy) 105651 Walcourt

Establishment units

1 location
NGCS
Allée Centrale(Thy) 10, 5651 WalcourtOntwerpen en programmeren van computerprogramma's
since 20242.360.470.650
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area981 m²
Buildings1
Building footprint153 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93078A0041/00Y004 Wallonia 980 m² 1 · 153 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency100Growth-Stability67
90 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93
Profitability 100
Solvency 100
Growth -
Stability 67

Ask AI about this company

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 15,318 of the 81,985 companies in this sector. 12,208 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Ontwerpen en programmeren van computerprogramma's62010Computerconsultancy-activiteiten62020Ontwerpen van computerprogramma’s62100Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Beroepsopleiding85592Beroepsopleiding85592
Primary activity highlighted.
Names & trade names
Legal nameFR NGCS
Registered office
Allée Centrale(Thy) 10
5651 Walcourt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.