What does Ngrave.IO do?

Ngrave.IO is an IT company in Zonhoven. Public Limited, started on 19 July 2018, 2 establishments.

What is the address of Ngrave.IO?

The registered office of Ngrave.IO is located at Senator A. Jeurissenlaan 1156, 3520 Zonhoven.

Is Ngrave.IO still active?

No. The CBE lists Ngrave.IO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is Ngrave.IO registered on Peppol?

Yes, Ngrave.IO is registered on the Peppol network with ID 0208:0700252896.

What is the enterprise number of Ngrave.IO?

The enterprise number of Ngrave.IO is BE0700252896.

When was Ngrave.IO founded?

Ngrave.IO was founded on 19 July 2018.

Who are the directors of Ngrave.IO?

According to the 2024 annual accounts, the directors of Ngrave.IO are: Prashanth Swaminathan, Xavier Hendrickx, vennootschap volgens Canadees recht, Rume CommV, Vanham Consultancy CommV.

Is Ngrave.IO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 19 July 2018; 4 annual accounts filed, latest fiscal year 2024; 4 directors known from the annual account; 2 establishments in the CBE.

How much profit did Ngrave.IO make in 2024?

Ngrave.IO recorded a loss after taxes of € 903,297 in financial year 2024.

What is the revenue of Ngrave.IO?

As a small company, Ngrave.IO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 622,296.

How much does an employee at Ngrave.IO earn?

The average wage cost per full-time employee at Ngrave.IO was € 75,000 in 2024: staff costs of € 1.1 million for 14.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Ngrave.IO have?

According to the 2024 annual accounts, Ngrave.IO has 14.3 full-time equivalents (FTE).

Ngrave.IO (Public Limited) - Zonhoven - BE0700252896

Dossier Ngrave.IO, printed on 17 September 2026 from databakkes.be/en/0700252896/ngrave-io. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Busy address KBO

19 other companies have their registered office at the same address; threshold 10.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

Ngrave.IO from Zonhoven, company number BE0700252896, closed financial year 2024 with a result of € -903,297 after tax. For that financial year Ngrave.IO recorded a gross margin of € 622,296 and equity of € -3.2 million. Compared with financial year 2023, the result moved from € -3.1 million to € -903,297. 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 July 23, 2025.

What it is worth Caution

€ -3.2 million

▼ € 1 million vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -903,297

▲ 71 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 173,438

▼ 52% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -8.3 million.

People and assets in 2024

Full-time equivalents

14.3

▼ 1.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▼ 10% vs 2023

€ 75,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 898

▼ 33% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 195 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6.5 million

▲ 23% vs 2023

€ 32,064 is repaid this year. At this pace the long-term loan is gone in ≈ 195 years.

Owed to suppliers

€ 850,223

▲ 38% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 187,983

▼ 33% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ -442,228 Gross margin 2021: € -442,228 First fiscal year in the series	€ -227,629 Gross margin 2022: € -227,629 ▲ € 214,599 vs 2021 (€ -442,228) Favourable step	€ -932,597 Gross margin 2023: € -932,597 ▼ € 704,968 vs 2022 (€ -227,629) Unfavourable step	€ 622,296 Gross margin 2024: € 622,296 ▲ € 1.6 million vs 2023 (€ -932,597) Favourable step	▲ € 1.6 million
Profit after taxes	€ -1,045,700 Profit after taxes 2021: € -1,045,700 First fiscal year in the series	€ -1,765,387 Profit after taxes 2022: € -1,765,387 ▼ € 719,687 vs 2021 (€ -1,045,700) Unfavourable step	€ -3,086,743 Profit after taxes 2023: € -3,086,743 ▼ € 1.3 million vs 2022 (€ -1,765,387) Unfavourable step	€ -903,297 Profit after taxes 2024: € -903,297 ▲ € 2.2 million vs 2023 (€ -3,086,743) Favourable step	▲ € 2.2 million
Equity	€ 2,571,234 Equity 2021: € 2,571,234 First fiscal year in the series	€ 1,112,025 Equity 2022: € 1,112,025 ▼ 57% vs 2021 (€ 2,571,234) Unfavourable step	€ -2,141,837 Equity 2023: € -2,141,837 ▼ € 3.3 million vs 2022 (€ 1,112,025) Unfavourable step	€ -3,184,193 Equity 2024: € -3,184,193 ▼ € 1 million vs 2023 (€ -2,141,837) Unfavourable step	▼ € 1 million
Total debts	€ 929,334 Total debts 2021: € 929,334 First fiscal year in the series	€ 4,684,164 Total debts 2022: € 4,684,164 ▲ € 3.8 million vs 2021 (€ 929,334) Unfavourable step	€ 6,269,068 Total debts 2023: € 6,269,068 ▲ 34% vs 2022 (€ 4,684,164) Unfavourable step	€ 7,612,591 Total debts 2024: € 7,612,591 ▲ 21% vs 2023 (€ 6,269,068) Unfavourable step	▲ 21%
Cash	€ 1,493,551 Cash 2021: € 1,493,551 First fiscal year in the series	€ 261,268 Cash 2022: € 261,268 ▼ 83% vs 2021 (€ 1,493,551) Unfavourable step	€ 361,064 Cash 2023: € 361,064 ▲ 38% vs 2022 (€ 261,268) Favourable step	€ 173,438 Cash 2024: € 173,438 ▼ 52% vs 2023 (€ 361,064) Unfavourable step	▼ 52%
Retained profit	€ -2,540,654 Retained profit 2021: € -2,540,654 First fiscal year in the series	€ -4,306,041 Retained profit 2022: € -4,306,041 ▼ € 1.8 million vs 2021 (€ -2,540,654) Unfavourable step	€ -7,392,784 Retained profit 2023: € -7,392,784 ▼ € 3.1 million vs 2022 (€ -4,306,041) Unfavourable step	€ -8,296,081 Retained profit 2024: € -8,296,081 ▼ € 903,297 vs 2023 (€ -7,392,784) Unfavourable step	▼ € 903,297
Bank debt	€ 494,014 Bank debt 2021: € 494,014 First fiscal year in the series	€ 3,388,951 Bank debt 2022: € 3,388,951 ▲ € 2.9 million vs 2021 (€ 494,014) Unfavourable step	€ 5,295,158 Bank debt 2023: € 5,295,158 ▲ 56% vs 2022 (€ 3,388,951) Unfavourable step	€ 6,494,282 Bank debt 2024: € 6,494,282 ▲ 23% vs 2023 (€ 5,295,158) Unfavourable step	▲ 23%
Balance sheet total	€ 3,500,569 Balance sheet total 2021: € 3,500,569 First fiscal year in the series	€ 5,796,189 Balance sheet total 2022: € 5,796,189 ▲ 66% vs 2021 (€ 3,500,569) Unchanged	€ 4,127,231 Balance sheet total 2023: € 4,127,231 ▼ 29% vs 2022 (€ 5,796,189) Unchanged	€ 4,428,398 Balance sheet total 2024: € 4,428,398 ▲ 7% vs 2023 (€ 4,127,231) Unchanged	▲ 7%
Employees (FTE)	-	14.9 Employees (FTE) 2022: 14.9 First fiscal year in the series	15.6 Employees (FTE) 2023: 15.6 ▲ 0.7 vs 2022 (14.9) Unchanged	14.3 Employees (FTE) 2024: 14.3 ▼ 1.3 vs 2023 (15.6) Unchanged	▼ 1.3

Key figures of Ngrave.IO, 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 Ngrave.IO?

What happened at Ngrave.IO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Ngrave.IO is active according to the CBE. Legal situation: Opening faillissement.

2031 Xavier Hendrickx, vennootschap volgens Canadees recht stepped down as director. NBB
2028 Prashanth Swaminathan stepped down as director. NBB
2027 Rume CommV stepped down as director. NBB
2027 Vanham Consultancy CommV stepped down as director. NBB
Jul 23, 2025 New annual accounts for financial year 2024: loss of € 903,297. Source: NBB ↗
2023 Prashanth Swaminathan became a director. NBB
2023 Xavier Hendrickx, vennootschap volgens Canadees recht became a director. NBB
Jan 1, 2022 New establishment in Brussel. KBO

In short

From € 1 million loss in 2021 to € 903,297 loss in 2024.

Paid € 2,600 in corporate taxes since 2021.

On average € 43,500 of value added per employee in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at Ngrave.IO? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2024 annual accounts

Prashanth Swaminathan

Director

since 2023 · until 2028

Xavier Hendrickx, vennootschap volgens Canadees recht

Director · represented by Xavier Hendrickx

since 2023 · until 2031

Rume CommV

Director · represented by Ruben Merre

since 2021 · until 2027

Vanham Consultancy CommV

Director · represented by Edouard Vanham

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Senator A. Jeurissenlaan 1156

3520 Zonhoven

2.349.583.092

Picardstraat 7

1000 Brussel

Active since 1 January 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.

All companies at this address →

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€ 46,598 gross margin · 2025

BEDRIJVENCENTRUM FREES

€ 173,827 gross margin · 2025

ASENS PRINTSOLUTIONS

€ 2,519 gross margin · 2025

+14 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: 0700.252.896
VAT number: BE 0700.252.896
Registered office: Senator A. Jeurissenlaan 1156, 3520 Zonhoven
Names & denominations: Ngrave.IO · Ngrave
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Opening faillissement
Start date: 19 July 2018
Peppol: Active · Active since 19 Dec 2025
Activities · NACE: Overige diensten op het gebied van informatietechnologie en computer

View on CBE Public ↗ Annual accounts (NBB) ↗

Ngrave.IO