OPENING OF BANKRUPTCY

ND SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

-65,3 k €

+69.8% YoY

Gross margin

-16,2 k €

+87.0% YoY

Equity

-2,5 k €

-104.0% YoY

Company — Opening of bankruptcy.

What does ND SERVICES do?

ND SERVICES is a Private company with limited liability incorporated in 2009. Its registered office is in Koekelberg.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0810.465.385

Incorporation

17/03/2009

Legal form

Private company with limited liability

Registered office

Avenue du Château 24
1081 Koekelberg · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-16,2 k €	+87.0%	-124,5 k €	-93.1%	-64,5 k €	-200%	64,2 k €	-6.3%	68,5 k €	+55.9%	44 k €	-51.0%	89,7 k €	-45.7%	165,3 k €	-21.1%	209,5 k €	-15.9%	249,1 k €	-25.0%	332 k €	+7.4%	309 k €	+15.1%	268,3 k €	+8.7%	246,9 k €	+157%	96 k €	+187%	33,5 k €	+1128%	2,7 k €
EBITDA	-65,3 k €	+69.8%	-216,3 k €	-134%	-92,3 k €	-406%	30,1 k €	-47.8%	57,7 k €	+154%	22,7 k €	+28.3%	17,7 k €	-72.8%	65 k €	+40.5%	46,3 k €	-24.9%	61,6 k €	-61.9%	161,6 k €	+26.5%	127,8 k €	+176%	46,3 k €	-51.2%	94,8 k €	+27.1%	74,6 k €	+132%	32,2 k €	+1080%	2,7 k €
Operating result	-65,3 k €	+69.8%	-216,3 k €	-132%	-93,3 k €	-461%	25,8 k €	-49.9%	51,5 k €	+267%	14 k €	+144%	-31,6 k €	-157%	55,2 k €	+55.8%	35,4 k €	-33.8%	53,5 k €	-63.1%	144,9 k €	+25.7%	115,3 k €	+234%	34,5 k €	-61.4%	89,4 k €	+28.0%	69,9 k €	+198%	23,5 k €	+8687%	-273,4 €
Net result	-65,3 k €	+69.8%	-216,6 k €	-130%	-94,1 k €	-486%	24,4 k €	-52.1%	50,9 k €	+2758%	-1,9 k €	+94.0%	-32,1 k €	-172%	44,7 k €	+129%	19,6 k €	-7.6%	21,2 k €	-75.2%	85,3 k €	+42.2%	60 k €	+300%	15 k €	-66.9%	45,3 k €	-28.6%	63,4 k €	+185%	22,2 k €	+5627%	-402,2 €
Balance sheet
Equity	-2,5 k €	-104%	62,8 k €	-77.5%	279,4 k €	-29.6%	396,9 k €	+6.5%	372,5 k €	+20.5%	309,2 k €	-0.6%	311,1 k €	-9.4%	343,2 k €	+15.0%	298,5 k €	+27.1%	234,8 k €	+9.9%	213,6 k €	+66.4%	128,4 k €	+87.7%	68,4 k €	+28.1%	53,4 k €	+562%	8,1 k €	-71.2%	28 k €	+383%	5,8 k €
Total assets	34,9 k €	-52.1%	72,8 k €	-76.4%	309 k €	-44.7%	558,8 k €	+7.4%	520,3 k €	+12.2%	463,7 k €	+14.2%	405,8 k €	-35.7%	630,9 k €	-10.8%	707,6 k €	+98.1%	357,2 k €	-2.9%	368 k €	+72.1%	213,8 k €	+3.8%	206 k €	+11.9%	184 k €	+52.9%	120,3 k €	+55.9%	77,2 k €	+244%	22,4 k €
Cash	3,3 k €	-80.1%	16,5 k €	-12.3%	18,8 k €	-61.5%	48,8 k €	+15.4%	42,3 k €	-9.2%	46,6 k €	+51.9%	30,7 k €	-28.4%	42,8 k €	+24.7%	34,3 k €	+1.8%	33,7 k €	+112%	15,9 k €	+36.7%	11,7 k €	-17.4%	14,1 k €	-2.9%	14,5 k €	+218%	4,6 k €	+2.8%	4,4 k €	+0.5%	4,4 k €
Debts	37,4 k €	+273%	10 k €	-66.1%	29,6 k €	-81.7%	161,9 k €	+9.5%	147,9 k €	-4.3%	154,5 k €	+63.0%	94,8 k €	-67.1%	287,7 k €	-29.7%	409,1 k €	+234%	122,4 k €	-20.7%	154,4 k €	+80.7%	85,4 k €	-37.9%	137,7 k €	+5.3%	130,7 k €	+16.4%	112,3 k €	+129%	49 k €	+195%	16,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		4,6 ETP	0.0%	4,6 ETP	-4.2%	4,8 ETP	-34.2%	7,3 ETP	-9.9%	8,1 ETP	+42.1%	5,7 ETP		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Nadia Azeebal

Mandate

Active

Ended mandates

ASSIA AZEEBAL

Manager · since 20 mars 2009

Ended

nadia azeebal

Director · since 20 mars 2009

Ended

RACHID BOUKHARI

Manager · since 10 mars 2009

Ended

At this address

Other companies at this address

Company	CBE no.
AELSTONE● Active	0802.460.709
Centre de Santé Digestive Médical● Active	0766.962.964
DWS IMMO● Active	0799.415.897
DWS MEDICAL● Active	0760.336.874
NK ALL SOLUTIONS● Active	0756.586.241

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2026	16/10/2025	27/06/2025	12/09/2023	16/05/2023	08/07/2022
General meeting	31/07/2026	19/05/2025	20/05/2024	15/05/2023	16/05/2022	16/05/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/07/2026	30/08/2026	French	PDF
Micro model	31/12/2024	19/05/2025	16/10/2025	French	PDF
Micro model	31/12/2023	20/05/2024	27/06/2025	French	PDF
Micro model	31/12/2022	15/05/2023	12/09/2023	French	PDF
Micro modelCorrection	31/12/2021	16/05/2022	16/05/2023	French	PDF
Micro model	31/12/2021	16/05/2022	07/03/2023	French	PDF
Micro model	31/12/2020	16/05/2022	08/07/2022	French	PDF
Micro model	31/12/2019	19/06/2020	30/11/2020	French	PDF
Micro model	31/12/2018	19/06/2019	01/07/2022	French	PDF
Abridged model	31/12/2017	19/06/2018	28/09/2018	French	PDF
Abridged model	31/12/2016	19/06/2017	22/03/2018	French	PDF
Abridged model	31/12/2015	19/06/2016	22/12/2017	French	PDF
Abridged model	31/12/2014	19/06/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	22/01/2015	French	PDF
Abridged model	31/12/2012	28/06/2013	25/10/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	16/10/2012	French	PDF
Abridged model	31/12/2010	05/06/2011	01/08/2011	French	PDF
Abridged model	31/12/2009	05/06/2010	18/08/2010	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Nadia Azeebal

Mandate

Active

Ended mandates

ASSIA AZEEBAL

Manager · since 20 mars 2009

Ended

nadia azeebal

Director · since 20 mars 2009

Ended

RACHID BOUKHARI

Manager · since 10 mars 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office16/02/2011
SIEGE SOCIAL
PDF
Mandates16/04/2009
DEMISSIONS, NOMINATIONS
PDF
Other25/03/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-65,3 k €↑
2024
Annual accounts 2024-216,6 k €↓
2023
Annual accounts 2023-94,1 k €↓
2022
Annual accounts 202224,4 k €↓
2021
Annual accounts 202150,9 k €↑
2021
Name changeND SERVICES - oui
2020
Annual accounts 2020-1,9 k €↑
2019
Annual accounts 2019-32,1 k €↓
2018
Annual accounts 201844,7 k €↑
2018
Name changeND SERVICES
2017
Annual accounts 201719,6 k €↓
2016
Annual accounts 201621,2 k €↓
2015
Annual accounts 201585,3 k €↑
2014
Annual accounts 201460 k €↑
2013
Annual accounts 201315 k €↓
2012
Annual accounts 201245,3 k €↓
2011
Annual accounts 201163,4 k €↑
2010
Annual accounts 201022,2 k €↑
2009
Annual accounts 2009-402,2 €
17/03/2009
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ND SERVICES

Overview

What does ND SERVICES do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline