CI NICE
ActiveSummary
CI NICE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €546k and a net result of €-370k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-15
Solvency76▼-24
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.1 in 2024; short-term debt: 48.5% of total assets), and 48.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-370k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
59 d early
2023
12 d late
2022
49 d early
2021
97 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€546k▼ 40.4%
2024 · €916k
2022: €911k
2023: €951k▲ +4.4% vs 2022highest in 4 years
2024: €916k▼ -3.7% vs 2023
2025: €546k▼ -40.4% vs 2024lowest in 4 years
2022 → 2025
Total assets
€1.06M▼ 3.1%
2024 · €1.09M
2022: €1.15Mhighest in 4 years
2023: €1.14M▼ -1.6% vs 2022
2024: €1.09M▼ -3.7% vs 2023
2025: €1.06M▼ -3.1% vs 2024lowest in 4 years
2022 → 2025
Net result
€-370k▼ 954%
2024 · €-35k
2022: €-28k
2023: €40k▲ +245% vs 2022highest in 4 years
2024: €-35k▼ -188% vs 2023
2025: €-370k▼ -954% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-496k▼ 210%
2024 · €-160k
2022: €-225k
2023: €-165k▲ +26.5% vs 2022
2024: €-160k▲ +3.2% vs 2023highest in 4 years
2025: €-496k▼ -210% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€911k-€951k▲ 4.4%€916k▼ 3.7%€546k▼ 40.4%
2022: €911k
2023: €951k▲ +4.4% vs 2022highest in 4 years
2024: €916k▼ -3.7% vs 2023
2025: €546k▼ -40.4% vs 2024lowest in 4 years
Operating result€-27k-€40k€-35k€-370k▼ 960%
2022: €-27k
2023: €40k▲ +246% vs 2022highest in 4 years
2024: €-35k▼ -187% vs 2023
2025: €-370k▼ -960% vs 2024lowest in 4 years
Net result€-28k-€40k€-35k€-370k▼ 954%
2022: €-28k
2023: €40k▲ +245% vs 2022highest in 4 years
2024: €-35k▼ -188% vs 2023
2025: €-370k▼ -954% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €370k in 2025 against €35k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€1.04M ▼ 3.2%
Current assets
€19k ▲ 2.8%
Equity and liabilities €1.06M
Equity
€546k ▼ 40.4%
Debt
€515k ▲ 189%
Debt's share of the balance-sheet total rises from 16.3% to 48.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-335k▼
2024 · €-337
Cash flow
€-336k▼
2024 · €-549
Current ratio
0.04▼
2024 · 0.10
Debt to equity
0.94▲
2024 · 0.19
ROE
-67.9%▼
2024 · -3.8%
ROA
-34.9%▼
2024 · -3.2%
Interest coverage
-1045.17▼
2024 · -1.59
Debt ≤ 1 year
€515k▲
2024 · €178k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€1.06M▼
Fixed assets21/28€1.08M€1.04M▼
Tangible fixed assets22/27€1.08M€1.04M▼
Land and buildings22€1.05M€1.02M▼
Other tangible fixed assets26€23k€20k▼
Current assets29/58€19k€19k▲
Amounts receivable within one year40/41€19k€19k▲
Trade receivables40€19k€19k▲
Other amounts receivable41-€309
Cash at bank and in hand54/58€10-
Deferred charges and accrued income490/1-€36
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.06M▼
Equity10/15€916k€546k▼
Contributions10/11€12k€12k=
Revaluation surpluses12€945k€945k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-41k€-412k▼
Amounts payable17/49€178k€515k▲
Amounts payable within one year42/48€178k€515k▲
Financial debts43-€71
Credit institutions430/8-€71
Trade debts44€979€700▼
Suppliers440/4€979€700▼
Other amounts payable47/48€177k€514k▲
Income statement
Code20242025
Non-recurring operating income76A€725-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€35k=
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€5k€-320k▼
Operating profit (loss)9901€-35k€-370k▼
Financial charges65/66B€212€321▲
Recurring financial charges65€212€321▲
Profit (loss) for the period before taxes9903€-35k€-370k▼
Profit (loss) for the period9904€-35k€-370k▼
Profit (loss) for the period to be appropriated9905€-35k€-370k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-412k▼
Profit (loss) brought forward from the previous period14P€-6k€-41k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €725 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €35k | €35k | €35k | = |
| Other operating charges640/8 | €6k | €5k | €5k | €5k | ▼ 16.2% |
| Non-recurring operating charges66A | - | - | - | €11k | - |
| Gross operating margin9900 | €11k | €80k | €5k | €-320k | ▼ 6,331% |
| Operating profit (loss)9901 | €-27k | €40k | €-35k | €-370k | ▼ 960% |
| Financial income75/76B | €1 | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - |
| Financial charges65/66B | €95 | €152 | €212 | €321 | ▲ 51.4% |
| Recurring financial charges65 | €95 | €152 | €212 | €321 | ▲ 51.4% |
| Profit (loss) for the period before taxes9903 | €-28k | €40k | €-35k | €-370k | ▼ 954% |
| Income taxes67/77 | €47 | - | - | - | - |
| Profit (loss) for the period9904 | €-28k | €40k | €-35k | €-370k | ▼ 954% |
| Profit (loss) for the period to be appropriated9905 | €-28k | €40k | €-35k | €-370k | ▼ 954% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.15M | €1.14M | €1.09M | €1.06M | ▼ 3.1% |
| Fixed assets21/28 | €1.14M | €1.12M | €1.08M | €1.04M | ▼ 3.2% |
| Tangible fixed assets22/27 | €1.14M | €1.12M | €1.08M | €1.04M | ▼ 3.2% |
| Land and buildings22 | €1.12M | €1.08M | €1.05M | €1.02M | ▼ 3.0% |
| Other tangible fixed assets26 | €19k | €32k | €23k | €20k | ▼ 12.4% |
| Current assets29/58 | €19k | €20k | €19k | €19k | ▲ 2.8% |
| Amounts receivable within one year40/41 | €19k | €20k | €19k | €19k | ▲ 2.7% |
| Trade receivables40 | €19k | €20k | €19k | €19k | ▲ 1.0% |
| Other amounts receivable41 | - | - | - | €309 | - |
| Cash at bank and in hand54/58 | €25 | €27 | €10 | - | - |
| Deferred charges and accrued income490/1 | €29 | €30 | - | €36 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.15M | €1.14M | €1.09M | €1.06M | ▼ 3.1% |
| Equity10/15 | €911k | €951k | €916k | €546k | ▼ 40.4% |
| Contributions10/11 | €12k | €12k | €12k | €12k | = |
| Revaluation surpluses12 | €945k | €945k | €945k | €945k | = |
| Reserves13 | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-46k | €-6k | €-41k | €-412k | ▼ 897% |
| Amounts payable17/49 | €243k | €185k | €178k | €515k | ▲ 189% |
| Amounts payable within one year42/48 | €243k | €185k | €178k | €515k | ▲ 189% |
| Financial debts43 | - | - | - | €71 | - |
| Credit institutions430/8 | - | - | - | €71 | - |
| Trade debts44 | €10k | €2k | €979 | €700 | ▼ 28.5% |
| Suppliers440/4 | €10k | €2k | €979 | €700 | ▼ 28.5% |
| Other amounts payable47/48 | €233k | €183k | €177k | €514k | ▲ 190% |
| Accrued charges and deferred income492/3 | €13 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-28k | €40k | €-35k | €-370k | ▼ 954% |
| + Depreciation and write-downs630 | €32k | €35k | €35k | €35k | = |
| Operating cash flow (approximation) | €5k | €75k | €-549 | €-336k | ▼ 61,069% |
| Investment in fixed assets (approximation) | - | €-15k | €6k | €0 | ▼ 100% |
| Change in cash | - | €2 | €-17 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-370k
Net result drops to €-370k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2024
Ground area
636 m²
Building footprint
522 m²
Volume, LiDAR
9,831 m³
Parcel 21362B0286/00M010, Brussels · tallest building 28.8 m, ±6 floors. Linked by address, not a title deed.
90
companies at this address
See who is registered here
1 establishment unit
Sint-Michielslaan 65, 1040 Etterbeek
since 20242.356.480.683
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0286/00M010 | Brussels | 636 m² | 1 · 522 m² | 28.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 33,945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.