Exploitatiemaatschappij NI
ActiveSummary
Exploitatiemaatschappij NI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €803k and a net result of €7k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+9
Solvency52▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.51 in 2024; short-term debt: 67.8% and cash: 35% of total assets), and 72.7% of the assets are financed with debt.
Credit advice 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.3%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
59 d early
2023
13 d early
2022
53 d early
2021
4 d early
2020
46 d early
2019
36 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€803k▲ 0.9%
2024 · €795k
2018: €134k
2019: €164k
2020: €557k
2021: €568k
2022: €717k
2023: €797k
2024: €795k
2018 → 2025
Total assets
€2.94M▼ 15.3%
2024 · €3.47M
2018: €3.37M
2019: €3.07M
2020: €1.84M
2021: €2.05M
2022: €2.42M
2023: €3.11M
2024: €3.47M
2018 → 2025
Net result
€7k
2024 · €-1k
2018: €13k
2019: €31k
2020: €-407k
2021: €11k
2022: €148k
2023: €80k
2024: €-1k
2018 → 2025
Working capital
€-867k▲ 32.7%
2024 · €-1.29M
2018: €-651k
2019: €-75k
2020: €-898k
2021: €-1.25M
2022: €-887k
2023: €-1.68M
2024: €-1.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€568k-€717k▲ 26.1%€797k▲ 11.2%€795k▼ 0.2%€803k▲ 0.9%
Operating result€45k-€196k▲ 334%€145k▼ 26.1%€71k▼ 51.1%€57k▼ 20.1%
Net result€11k-€148k▲ 1,234%€80k▼ 45.9%€-1k€7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.94M
Fixed assets
€1.81M ▼ 15.5%
Current assets
€1.13M ▼ 14.9%
Equity and liabilities €2.94M
Equity
€803k ▲ 0.9%
Debt
€2.14M ▼ 20.1%
Debt's share of the balance-sheet total falls from 77.1% to 72.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€357k▼
2024 · €378k
Cash flow
€308k▲
2024 · €305k
Current ratio
0.56▲
2024 · 0.51
Quick ratio
0.56▲
2024 · 0.50
Debt to equity
2.66▼
2024 · 3.36
ROE
0.9%▲
2024 · -0.2%
ROA
0.2%▲
2024 · 0.0%
Interest coverage
6.55▲
2024 · 5.00
Debt ≤ 1 year
€1.99M▼
2024 · €2.61M
Debt > 1 year
€20k▼
2024 · €27k
Income taxes
€164▲
2024 · €160
Staff costs
€1.01M▲
2024 · €939k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.47M€2.94M▼
Fixed assets21/28€2.15M€1.81M▼
Intangible fixed assets21€31k€20k▼
Tangible fixed assets22/27€2.12M€1.79M▼
Land and buildings22€2.06M€1.73M▼
Plant, machinery and equipment23€23k€43k▲
Leasing and similar rights25€33k€26k▼
Current assets29/58€1.32M€1.13M▼
Stocks and contracts in progress3€11k€13k▲
Stocks30/36€11k€13k▲
Amounts receivable within one year40/41€86k€72k▼
Trade receivables40€70k€59k▼
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€1.14M€1.03M▼
Deferred charges and accrued income490/1€86k€12k▼
Equity and liabilities
Total equity and liabilities10/49€3.47M€2.94M▼
Equity10/15€795k€803k▲
Contributions10/11€847k€847k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k€0▼
Distributable reserves133-€5k
Profit (loss) carried forward14€-57k€-49k▲
Amounts payable17/49€2.68M€2.14M▼
Amounts payable after more than one year17€27k€20k▼
Financial debts170/4€27k€20k▼
Amounts payable within one year42/48€2.61M€1.99M▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€433k€261k▼
Suppliers440/4€433k€261k▼
Advances received on contracts in progress46€168k€160k▼
Taxes, remuneration and social security45€93k€100k▲
Taxes450/3€693€10k▲
Remuneration and social security454/9€93k€90k▼
Other amounts payable47/48€1.91M€1.46M▼
Accrued charges and deferred income492/3€37k€125k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€939k€1.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€307k€300k▼
Other operating charges640/8€804k€944k▲
Gross operating margin9900€2.12M€2.31M▲
Operating profit (loss)9901€71k€57k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€75k€54k▼
Recurring financial charges65€75k€54k▼
Profit (loss) for the period before taxes9903€-1k€7k▲
Income taxes67/77€160€164▲
Profit (loss) for the period9904€-1k€7k▲
Profit (loss) for the period to be appropriated9905€-1k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-49k▲
Profit (loss) brought forward from the previous period14P€-55k€-57k▼
Social balance
Average headcount (FTE)908720.622.4▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €148k ▲1234%
Operating result €196k, net result €148k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-407k ▼1429%
Net result drops to €-407k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €557k ▲239%
Equity rises from €164k to €557k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Equity above €150kEq €164k ▲22.9%
2 profitable years in a row build equity to €164k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are 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, Gent · 2 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijksesteenweg 10419051 GentGround area
3,219 m²
Building footprint
2,214 m²
Volume, LiDAR
966 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Exploitatiemaatschappij NI
since 20072.165.248.846
Exploitatiemaatschappij NI
since 20162.255.929.790
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011H0471/00P000 | Flanders | 2,146 m² | 1 · 2,054 m² | - |
| 44062B0356/00S003 | Flanders | 1,074 m² | 1 · 160 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 298 EUR awarded · 298 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 298 EUR | 298 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.255.929.790
Dual-learning approval
1 live approvalHotelreceptionist duaal (so)
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Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 1,005 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
68121Development of residential building projects
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.