CI NICE
ActiveSummary
CI NICE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545,816 and a net result of -€370,413. Equity has been shrinking by about 3.3% per year since 2021. Its solvency ranks better than 46% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-07-2021 Normal situation
- Registered office
- 90 active companies are registered at this address 14 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.356.480.683 1040 Etterbeek, since 01-01-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- -€320,232
- Loss
- €370,413
- ▲ 954%
- Equity
- €545,816
- ▼ 40.4%
- Total assets
- €1.1m
- ▼ 3.1%
Score breakdownraises riskLiquidity: current ratio 0.04Loss of €370,413, the second in a row (financial year 2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €1.1mShow the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 47% of them on solvency, 39% on liquidity, 4% on profitability and 15% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 39 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €370,092, larger than the loss of €34,930 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.2m | €19,744 | €15,246 | - | - |
| Depreciation and write-downs of the year | €23,814 | €32,113 | €34,744 | €34,593 | €34,593 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €725 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,814 | €32,113 | €34,744 | €34,593 | €34,593 | = |
| Other operating charges640/8 | €9,995 | €5,842 | €4,795 | €5,476 | €4,588 | ▼ 16.2% |
| Non-recurring operating charges66A | - | - | - | - | €10,679 | - |
| Gross operating margin9900 | -€1,754 | €10,515 | €79,720 | €5,139 | -€320,232 | - |
| Operating profit (loss)9901 | -€35,563 | -€27,440 | €40,181 | -€34,930 | -€370,092 | ▼ 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 | -€35,563 | -€27,534 | €40,029 | -€35,142 | -€370,413 | ▼ 954% |
| Income taxes67/77 | - | €47 | - | - | - | - |
| Profit (loss) for the period9904 | -€35,563 | -€27,581 | €40,029 | -€35,142 | -€370,413 | ▼ 954% |
| Profit (loss) for the period to be appropriated9905 | -€35,563 | -€27,581 | €40,029 | -€35,142 | -€370,413 | ▼ 954% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 3.1% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 3.2% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 3.2% |
| Land and buildings22 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 3.0% |
| Other tangible fixed assets26 | - | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 12.4% |
| Current assets29/58 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.8% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.7% |
| Trade receivables40 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 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 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 3.1% |
| Equity10/15 | €0.9m | €0.9m | €1.0m | €0.9m | €0.5m | ▼ 40.4% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Revaluation surpluses12 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Reserves not available under the articles1311 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.02m | -€0.05m | -€0.006m | -€0.04m | -€0.4m | ▼ 897% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 189% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 189% |
| Financial debts43 | - | - | - | - | €71 | - |
| Credit institutions430/8 | - | - | - | - | €71 | - |
| Trade debts44 | €0.03m | €0.01m | €0.002m | €0.001m | €0.001m | ▼ 28.5% |
| Suppliers440/4 | €0.03m | €0.01m | €0.002m | €0.001m | €0.001m | ▼ 28.5% |
| Other amounts payable47/48 | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 190% |
| Accrued charges and deferred income492/3 | €0.004m | €13 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,563 | -€27,581 | €40,029 | -€35,142 | -€370,413 | ▼ 954% |
| + Depreciation and write-downs630 | €23,814 | €32,113 | €34,744 | €34,593 | €34,593 | = |
| Operating cash flow (approximation) | -€11,749 | €4,532 | €74,773 | -€549 | -€335,820 | ▼ 61,069% |
| Investment in fixed assets (approximation) | - | -€19,744 | -€15,246 | €5,858 | €0 | ▼ 100% |
| Change in cash | - | - | €2 | -€17 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 224 companies had the same profile as CI NICE has now. Two years later, 88.4% were still going and 4.0% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CI NICE itself is lower: 0.7% within 12 months. It rests on far more data about CI NICE than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 224 companies, not a prediction for CI NICE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00353208 | |
| 31-12-2024 | micro format | 02-06-2025 | 2025-00113428 | |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00347071 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118949 | |
| 31-12-2021 | micro format | 25-04-2022 | 2022-20008273 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
CI NICE shares no director with another company.
Companies at the same address
89 other companies- ORGANISATION FOR INNOVATION POLICY Registered office · since 2026 1044560831
- Sense & Structure Registered office · since 2026 1043628839
- ProMatural Registered office · since 2026 1041176620
- LOCKIT 3 S.R.L. Establishment · since 2026 1038977985
- Danu, Paul (sole trader) Establishment · since 2026 1039494362
- CODEX EUROPE Registered office · since 2026 1037848629
- Podina, Catalin (sole trader) Establishment · since 2026 1038046389
- KOHN INTERNATIONAL Registered office · since 2026 1036559618
- Angelika Love & Associates Registered office · since 2026 1035538049
- Classcyber Registered office · since 2026 1035478760
Connections & network
1 current directorThe network starts from the directors of CI NICE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21362B0286/00M010 | Brussels | 636 m² | 1 · 522 m² | 28.8 m · 6 |