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 48 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 0.
-
Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NGData Europe from Gent, company number BE0861308530, closed financial year 2025 with a result of € 214,464 after tax. For that financial year NGData Europe recorded a gross margin of € 94,473 and equity of € -8.3 million. Compared with financial year 2024, the result moved from € -523,432 to € 214,464. Profitable, and profit is growing. 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 June 26, 2026.
€ -8.3 million
▲ € 214,464 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,464
▲ still € 523,432 loss in 2024
Profit after tax over the fiscal year.
€ 68,922
▲ 250% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9.6 million.
People and assets in 2025
0
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 722
▼ 99% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 0
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 400,000
Loans from banks and other lenders, long and short.
€ 13.3 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,686
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -553,821 | € -362,232 | € -362,548 | € 94,473 | ▲ € 457,021 |
| Profit after taxes | € -1,205,831 | € -476,098 | € -523,432 | € 214,464 | ▲ € 737,896 |
| Equity | € -7,537,749 | € -8,013,847 | € -8,537,279 | € -8,322,815 | ▲ € 214,464 |
| Total debts | € 13,327,420 | € 15,162,497 | € 15,712,692 | € 15,930,252 | ▲ 1% |
| Cash | € 45,371 | € 32,641 | € 19,695 | € 68,922 | ▲ 250% |
| Retained profit | € -8,850,749 | € -9,326,847 | € -9,850,279 | € -9,635,815 | ▲ € 214,464 |
| Bank debt | € 400,000 | € 400,000 | € 400,000 | € 400,000 | |
| Balance sheet total | € 5,794,732 | € 7,153,710 | € 7,180,474 | € 7,612,497 | ▲ 6% |
| Employees (FTE) | 5 | 3 | 1.7 | 0 | ▼ 1.7 |
Key figures of NGData Europe, 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 Europe?
What happened at NGData Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 214,464. 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 € 1.2 million loss in 2022 to € 214,464 profit in 2025.
Paid € 5,642 in corporate taxes since 2022.
Best year ever: 2025, with € 214,464 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
The stake of NGDATA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NGData EuropeBehind NGData Europe 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 12 January 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 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
+46 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
- 0861.308.530
- VAT number
- BE 0861.308.530
- Registered office
- Ottergemsesteenweg-Zuid 808 bus 380, 9000 Gent
- Names & denominations
- NGData Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2003
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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