Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
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Busy address KBO
111 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
NAKAZ DEVELOPMENT from Ukkel, company number BE0888066177, closed financial year 2024 with a result of € -28,784 after tax. For that financial year NAKAZ DEVELOPMENT recorded revenue of € 99,606 and equity of € 165,361. Compared with financial year 2023, the result moved from € -19,457 to € -28,784. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2025.
€ 165,361
▼ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,784
▼ 48 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2
▼ € 6,146 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 146,761.
People and assets in 2024
€ 1,259
▼ 51% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 151,935
▼ 12% vs 2023
€ 25,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 11,662
▼ 89% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,948
▼ 87% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 218,855 | € 99,606 | ▼ 54% |
| Gross margin | € 99,903 | € 139,840 | € 107,074 | € 14,282 | ▼ 87% |
| Profit after taxes | € 54,474 | € 55,865 | € -19,457 | € -28,784 | ▼ € 9,327 |
| Equity | € 157,737 | € 213,602 | € 194,145 | € 165,361 | ▼ 15% |
| Total debts | € 396,424 | € 543,668 | € 593,200 | € 502,466 | ▼ 15% |
| Cash | € 23,683 | € 736 | € 6,148 | € 2 | ▼ € 6,146 |
| Land & buildings | € 476,560 | € 693,562 | € 663,611 | € 636,346 | ▼ 4% |
| Retained profit | € 139,137 | € 195,002 | € 175,545 | € 146,761 | ▼ 16% |
| Dividend | € 20,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 66,254 | € 191,667 | € 173,333 | € 151,935 | ▼ 12% |
| Balance sheet total | € 554,161 | € 757,270 | € 787,346 | € 667,827 | ▼ 15% |
Key figures of NAKAZ DEVELOPMENT, 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 30 April 2026.
What happened to NAKAZ DEVELOPMENT?
What happened at NAKAZ DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 28,784. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 54,474 profit in 2021 to € 28,784 loss in 2024.
Paid € 61,980 in corporate taxes since 2021.
Best year ever: 2022, with € 55,865 profit.
Paid out € 20,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 897
1180 Ukkel
Wérystraat 15
1050 Elsene
Active since 14 March 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.
All companies at this address →The British Charitable Fund
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€ -93,714 gross margin · 2025
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€ 19,901 gross margin · 2025
BLIZZARD
€ 87,486 gross margin · 2025
R.C. & Co
€ 68,172 gross margin · 2025
+106 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
- 0888.066.177
- VAT number
- BE 0888.066.177
- Registered office
- Alsembergsesteenweg 897, 1180 Ukkel
- Names & denominations
- NAKAZ DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2007
- Peppol
- Active · Active since 1 Jul 2026
- Activities · NACE
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