NUDO
ActiveSummary
NUDO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €19k. Equity is growing by ~62.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+2
Solvency40▲+4
Growth46=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.56 in 2023; short-term debt: 85.2% and cash: 39.8% of total assets), and 85.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2024Solvency, return and age of the figures
Solvency
14.8%
Return on assets
4.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-12-2025, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
146 d late
2023
133 d late
2022
79 d late
2021
151 d late
2020
152 d late
2019
150 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€30k=
2023 · €30k
2018: €30k
2020: €31k
2021: €33k
2022: €30k
2023: €30k
2018 → 2024
EBIT margin
81.1%▲ 4.5pp
2023 · 76.6%
2018: 80.5%
2020: 80.5%
2021: 76.1%
2022: 66.0%
2023: 76.6%
2018 → 2024
Net result
€19k▲ 22.0%
2023 · €16k
2018: €24k
2019: €26k
2020: €25k
2021: €11k
2022: €12k
2023: €16k
2018 → 2024
Working capital
€-137k▲ 12.3%
2023 · €-157k
2018: €-246k
2019: €-220k
2020: €-196k
2021: €-185k
2022: €-172k
2023: €-157k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€31k-€33k▲ 5.3%€30k▼ 8.9%€30k▼ 0.5%€30k=
Equity€3k-€14k▲ 362%€27k▲ 84.8%€42k▲ 58.9%€62k▲ 45.2%
Operating result€25k-€25k▼ 0.5%€20k▼ 20.9%€23k▲ 15.4%€24k▲ 5.9%
Net result€25k-€11k▼ 55.1%€12k▲ 8.3%€16k▲ 28.3%€19k▲ 22.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €418k
Fixed assets
€199k =
Current assets
€219k ▲ 9.9%
Equity and liabilities €418k
Equity
€62k ▲ 45.2%
Debt
€356k ▲ 0.1%
Debt's share of the balance-sheet total falls from 89.3% to 85.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.61▲
2023 · 0.56
Debt to equity
5.77▼
2023 · 8.36
ROE
31.1%▼
2023 · 37.1%
ROA
4.6%▲
2023 · 4.0%
Debt ≤ 1 year
€356k▲
2023 · €355k
Income taxes
€6k▼
2023 · €7k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€398k€418k▲
Fixed assets21/28€199k€199k=
Tangible fixed assets22/27€199k€199k=
Land and buildings22€199k€199k=
Financial fixed assets28€507€507=
Current assets29/58€199k€219k▲
Amounts receivable within one year40/41€51k€52k▲
Trade receivables40€28k€29k▲
Other amounts receivable41€23k€23k=
Cash at bank and in hand54/58€148k€166k▲
Equity and liabilities
Total equity and liabilities10/49€398k€418k▲
Equity10/15€42k€62k▲
Contributions10/11€50k€50k=
Reserves13€111k€116k▲
Distributable reserves133€111k€116k▲
Profit (loss) carried forward14€-118k€-104k▲
Amounts payable17/49€355k€356k▲
Amounts payable within one year42/48€355k€356k▲
Current portion of amounts payable after more than one year42€8k-
Taxes, remuneration and social security45€639€1k▲
Taxes450/3€639€1k▲
Other amounts payable47/48€347k€355k▲
Income statement
Code20232024
Turnover70€30k€30k=
Goods, raw materials, services and sundry goods60/61€7k€5k▼
Other operating charges640/8€132€410▲
Gross operating margin9900€23k€25k▲
Operating profit (loss)9901€23k€24k▲
Financial income75/76B-€667
Recurring financial income75-€667
Financial charges65/66B€224€198▼
Recurring financial charges65€224€198▼
Profit (loss) for the period before taxes9903€23k€25k▲
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€16k€19k▲
Profit (loss) for the period to be appropriated9905€16k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-99k▲
Profit (loss) brought forward from the previous period14P€-128k€-118k▲
Transfer to equity691/2€6k€5k▼
To other reserves6921€6k€5k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 146 days late
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 133 days late
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 79 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 151 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼55.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
2019
31-12
Financial
Highest result since 2018net €26k ▲7.5%
Operating result €26k, net result €26k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 152 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Oudenaarde · 1 establishment unit since 1993
Ground area
2,603 m²
Building footprint
1,079 m²
Volume, LiDAR
6,635 m³
Parcel 45502B0611/00A002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
HONDA RACING VANDEVELDE
since 19932.061.844.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0611/00A002 | Flanders | 2,603 m² | 1 · 1,079 m² | 9.3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-1992
Fiscal year end31-12
Abbreviation NL
H.R.V.
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.