Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
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Busy address KBO
101 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
NORTECH GROUP from Ukkel, company number BE0645910132, closed financial year 2024 with a result of € -4,384 after tax. For that financial year NORTECH GROUP recorded a gross margin of € -2,326 and equity of € -8,427. Compared with financial year 2023, the result moved from € 20,651 to € -4,384. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ -8,427
▼ € 4,384 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,384
▼ still € 20,651 profit in 2023
Profit after tax over the fiscal year.
€ 107
▼ 99% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,627.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,763
▲ 286% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 156
▼ 72% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -24,193 | € 8,042 | € 25,065 | € -2,326 | ▼ € 27,391 |
| Profit after taxes | € -37,198 | € -5,070 | € 20,651 | € -4,384 | ▼ € 25,035 |
| Equity | € -19,623 | € -24,694 | € -4,043 | € -8,427 | ▼ € 4,384 |
| Total debts | € 81,930 | € 65,845 | € 22,851 | € 12,225 | ▼ 47% |
| Cash | € 7,581 | € 6,980 | € 17,777 | € 107 | ▼ 99% |
| Retained profit | € -25,823 | € -30,894 | € -10,243 | € -14,627 | ▼ € 4,384 |
| Bank debt | € 28,782 | € 22,489 | € 15,592 | € 0 | ▼ 100% |
| Balance sheet total | € 62,307 | € 41,152 | € 18,808 | € 3,798 | ▼ 80% |
Key figures of NORTECH GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NORTECH GROUP?
What happened at NORTECH GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,384 (▼ € 25,035 vs 2023). filed late Source: NBB ↗
- Diogo FONSECA BRANCO became a director. NBB
- Cristiano DE SOUSA MARQUES stepped down as director. NBB
- Pedro PINTO GASPAR stepped down as director. NBB
- New establishment in Zaventem. KBO
- Cristiano DE SOUSA MARQUES became a director. NBB
- Pedro PINTO GASPAR became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 37,198 loss in 2021 to € 4,384 loss in 2024.
Paid € 1,753 in corporate taxes since 2021.
Best year ever: 2023, with € 20,651 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind NORTECH GROUP is Diogo FONSECA BRANCO.
Directors
According to the 2024 annual accounts
Diogo FONSECA BRANCO
Director
since 2024
Cristiano DE SOUSA MARQUES
Director
since 2016 · until 2024
Pedro PINTO GASPAR
Director
since 2016 · until 2024
Establishments
Establishment units
Physical locations of this company
Kersbeeklaan 308
1180 Ukkel
Lozenberg 15
1932 Zaventem
Active since 25 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 101 companies are registered at this address.
All companies at this address →qabirim
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€ 3,417 gross margin · 2025
DG Consult-Horsinvest
€ -95,380 gross margin · 2025
+96 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.910.132
- VAT number
- BE 0645.910.132
- Registered office
- Kersbeeklaan 308, 1180 Ukkel
- Names & denominations
- NORTECH GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2016
- Peppol
- Active · Active since 4 Apr 2025
- Activities · NACE
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