NMC
ActiveNMC has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41.61M and a net result of €3.52M. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 209 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-3
Solvency73▼-5
Growth48▼-2
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.16 in 2023), and 51.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.8%
Return on assets
4.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
77 d early
2022
68 d early
2021
79 d early
2020
60 d early
2019
64 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€134.01M▼ 4.3%
2023 · €140.05M
2018: €118.01M
2019: €115.27M
2020: €115.32M
2021: €129.19M
2022: €143.95M
2023: €140.05M
2018 → 2024
EBIT margin
6.1%▼ 0.6pp
2023 · 6.7%
2018: 8.5%
2019: 8.4%
2020: 11.8%
2021: 11.7%
2022: 8.2%
2023: 6.7%
2018 → 2024
Net result
€3.52M▼ 30.7%
2023 · €5.08M
2018: €5.18M
2019: €5.72M
2020: €9.13M
2021: €10.52M
2022: €7.47M
2023: €5.08M
2018 → 2024
Working capital
€571k▼ 85.0%
2023 · €3.81M
2018: €7.34M
2019: €10.84M
2020: €-4.29M
2021: €8.02M
2022: €10.21M
2023: €3.81M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€115.32M-€129.19M▲ 12.0%€143.95M▲ 11.4%€140.05M▼ 2.7%€134.01M▼ 4.3%
Equity€23.03M-€28.55M▲ 24.0%€36.02M▲ 26.2%€38.10M▲ 5.8%€41.61M▲ 9.2%
Operating result€13.63M-€15.07M▲ 10.6%€11.79M▼ 21.8%€9.41M▼ 20.2%€8.16M▼ 13.3%
Net result€9.13M-€10.52M▲ 15.2%€7.47M▼ 28.9%€5.08M▼ 32.1%€3.52M▼ 30.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 13% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85.28M
Fixed assets
€56.89M▲ 26.7%
Current assets
€28.39M▲ 0.5%
Equity and liabilities €85.28M
Equity
€41.61M▲ 9.2%
Provisions
€806k▼ 49.2%
Debt
€42.86M▲ 28.1%
The debt ratio rises from 45.7% to 50.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€18.41M▲
2023 · €13.83M
Cash flow
€13.77M▲
2023 · €9.49M
Solvency
48.8%▼
2023 · 52.1%
Current ratio
1.02▼
2023 · 1.16
Quick ratio
0.54▼
2023 · 0.60
Debt / equity
1.03▲
2023 · 0.88
ROE
8.4%▼
2023 · 13.3%
ROA
4.1%▼
2023 · 6.9%
Interest coverage
11.28▼
2023 · 12.23
Debt
€42.86M▲
2023 · €33.46M
Debt ≤ 1 year
€27.82M▲
2023 · €24.44M
Debt > 1 year
€15.00M▲
2023 · €9.00M
Income taxes
€823k▼
2023 · €1.59M
Staff costs
€40.74M▲
2023 · €37.54M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€73.14M€85.28M▲
Fixed assets21/28€44.89M€56.89M▲
Intangible fixed assets21€172k€4.48M▲
Tangible fixed assets22/27€35.66M€42.55M▲
Land and buildings22€7.48M€7.04M▼
Plant, machinery and equipment23€24.06M€22.76M▼
Furniture and vehicles24€742k€1.72M▲
Other tangible fixed assets26€57k€57k=
Assets under construction and advance payments27€3.32M€10.97M▲
Financial fixed assets28€9.06M€9.85M▲
Affiliated companies280/1€9.06M€9.85M▲
Participating interests280€6.60M€7.39M▲
Amounts receivable281€2.46M€2.46M=
Current assets29/58€28.25M€28.39M▲
Stocks and contracts in progress3€13.60M€13.24M▼
Stocks30/36€13.60M€13.24M▼
Raw materials and consumables30/31€5.34M€5.08M▼
Work in progress32€740k€763k▲
Finished goods33€6.33M€6.41M▲
Goods purchased for resale34€1.14M€963k▼
Property held for sale35€49k€22k▼
Amounts receivable within one year40/41€13.93M€13.98M▲
Trade receivables40€12.82M€13.01M▲
Other amounts receivable41€1.12M€966k▼
Cash at bank and in hand54/58€103k€168k▲
Deferred charges and accrued income490/1€610k€1.01M▲
Equity and liabilities
Total equity and liabilities10/49€73.14M€85.28M▲
Equity10/15€38.10M€41.61M▲
Contributions10/11€9.24M€9.24M=
Capital10€9.24M€9.24M=
Issued capital100€9.24M€9.24M=
Revaluation surpluses12€1.01M€1.01M=
Reserves13€5.65M€5.57M▼
Non-distributable reserves130/1€1.27M€1.27M=
Legal reserve130€1.27M€1.27M=
Tax-exempt reserves132€4.38M€4.30M▼
Profit (loss) carried forward14€22.20M€25.79M▲
Provisions and deferred taxes16€1.59M€806k▼
Provisions for liabilities and charges160/5€1.13M€394k▼
Pensions and similar obligations160€209k€144k▼
Major repairs and maintenance162€924k-
Other liabilities and charges164/5-€250k
Deferred taxes168€454k€412k▼
Amounts payable17/49€33.46M€42.86M▲
Amounts payable after more than one year17€9.00M€15.00M▲
Financial debts170/4€9.00M€15.00M▲
Subordinated loans170€9.00M€15.00M▲
Amounts payable within one year42/48€24.44M€27.82M▲
Financial debts43€4.62M€9.72M▲
Credit institutions430/8-€5.40M
Other loans439€4.62M€4.32M▼
Trade debts44€10.01M€10.05M▲
Suppliers440/4€10.01M€10.05M▲
Taxes, remuneration and social security45€6.43M€7.96M▲
Taxes450/3€613k€718k▲
Remuneration and social security454/9€5.82M€7.24M▲
Other amounts payable47/48€3.38M€92k▼
Accrued charges and deferred income492/3€20k€38k▲
Income statement
Code20232024
Operating income70/76A€148.72M€150.04M▲
Turnover70€140.05M€134.01M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-1.73M€480k▲
Own construction capitalised72€854k€9.80M▲
Other operating income74€9.55M€5.75M▼
Operating charges60/66A€139.30M€141.88M▲
Goods for resale, raw materials and consumables60€48.87M€45.29M▼
Purchases600/8€47.21M€45.07M▼
Change in stocks: decrease (increase)609€1.66M€225k▼
Services and other goods61€44.23M€44.82M▲
Remuneration, social security and pensions62€37.54M€40.74M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.42M€10.25M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-178k€598k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-118k€-739k▼
Other operating charges640/8€4.54M€913k▼
Operating profit (loss)9901€9.41M€8.16M▼
Financial income75/76B€887k€838k▼
Recurring financial income75€887k€838k▼
Income from financial fixed assets750€112k€154k▲
Income from current assets751€74k€72k▼
Other financial income752/9€702k€611k▼
Financial charges65/66B€3.68M€4.70M▲
Recurring financial charges65€3.68M€4.10M▲
Debt charges650€1.13M€1.63M▲
Other financial charges652/9€2.55M€2.47M▼
Non-recurring financial charges66B-€600k
Profit (loss) for the period before taxes9903€6.62M€4.30M▼
Transfer from deferred taxes780€41k€41k=
Income taxes67/77€1.59M€823k▼
Taxes670/3€1.79M€928k▼
Tax adjustments and reversals of tax provisions77€202k€105k▼
Profit (loss) for the period9904€5.08M€3.52M▼
Transfer from tax-exempt reserves789€927k€80k▼
Transfer to tax-exempt reserves689€998k-
Profit (loss) for the period to be appropriated9905€5.01M€3.60M▼
Appropriation of the result
Profit (loss) to be appropriated9906€25.20M€25.79M▲
Profit (loss) brought forward from the previous period14P€20.19M€22.20M▲
Profit to be distributed694/7€3.00M-
Return on contributions (dividend)694€3.00M-
Social balance
Average headcount (FTE)9087520.6535.7▲
The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €3.52M ▼30.7%
Net result drops to €3.52M, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €10.52M ▲15.2%
Operating result €15.07M, net result €10.52M, both a record.
31-12
Financial
Equity above €25MEq €28.55M ▲24%
4 profitable years in a row build equity to €28.55M.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €25MEq €28.90M ▲24.7%
2 profitable years in a row build equity to €28.90M.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-10-2025
Bernard Vorhagen: Resigned as Director
21-06-2024
Erwin Palm: Resigned as Managing director
21-06-2024
Hubert Bosten: Resigned as Director
28-06-2022
Yves Noël: Resigned as Director
29-11-2016
JANSSEN Koen: Resigned as Director
09-05-2016
Catherine NOEL: Resigned as Director
01-10-2014
JANSSEN Koen: Resigned as Director
01-10-2014
Baron BERTRAND Luc: Resigned as Director
25-06-2003
Jo Santino: Resigned as Director
Location & real-estate footprint
Registered office, Raeren · 1 establishment unit since 1956
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.
Gert-Noël-Strasse O/N4731 Raeren1 establishment unit
NMC
since 19562.004.844.104
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SUYS
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Of 623 companies in sector 22240 we hold annual accounts for 354. 31 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1956
Fiscal year end31-12
Activities, NACEBEL
22240Manufacture of rubber and plastic products
22210Manufacture of rubber and plastic products
25230
22220Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
46842Wholesale trade
51542
Sources
Crossroads Bank for EnterprisesNational Bank · 73 filings
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.