Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
47 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NGData Products from Gent, company number BE0812361439, closed financial year 2025 with a result of € -3.6 million after tax. For that financial year NGData Products recorded a gross margin of € 832,693 and equity of € -14.7 million. Compared with financial year 2024, the result moved from € -1.7 million to € -3.6 million. 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 October 20, 2026.
€ -14.7 million
▼ € 3.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.6 million
▼ 107 % more loss than in 2024
Profit after tax over the fiscal year.
€ 397,587
▲ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17.2 million.
People and assets in 2025
14.5
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 26% vs 2024
€ 126,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8.4 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 257,037
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,180,495 | € 3,019,401 | € 2,122,795 | € 832,693 | ▼ 61% |
| Profit after taxes | € -428,604 | € -1,365,496 | € -1,716,566 | € -3,557,737 | ▼ € 1.8 million |
| Equity | € -8,047,132 | € -9,412,628 | € -11,129,193 | € -14,686,930 | ▼ € 3.6 million |
| Total debts | € 21,637,067 | € 25,716,191 | € 27,615,264 | € 31,021,757 | ▲ 12% |
| Cash | € 11,456 | € 49,147 | € 261,889 | € 397,587 | ▲ 52% |
| Retained profit | € -10,511,357 | € -11,876,853 | € -13,593,418 | € -17,151,155 | ▼ € 3.6 million |
| Balance sheet total | € 13,597,064 | € 16,310,692 | € 16,493,200 | € 16,341,956 | ▼ 1% |
| Employees (FTE) | 17.8 | 14.6 | 11.7 | 14.5 | ▲ 2.8 |
Key figures of NGData Products, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NGData Products?
What happened at NGData Products in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Geert Crombez became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 428,604 loss in 2022 to € 3.6 million loss in 2025.
On average € 57,400 of value added per employee in 2025.
Management
The stake of NGDATA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NGData ProductsBehind NGData Products are Geert Crombez and NGDATA NV. The shares are held by NGDATA (100%).
Directors
According to the 2025 annual accounts
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box 380
9000 Gent
Sluisweg 2 box 10
9000 Gent
Active since 17 June 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 47 companies are registered at this address.
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€ 21.9 million revenue · 2025
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€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management
€ 136,551 gross margin · 2025
+42 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
- 0812.361.439
- VAT number
- BE 0812.361.439
- Registered office
- Ottergemsesteenweg-Zuid 808 bus 380, 9000 Gent
- Names & denominations
- NGData Products
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2009
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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