GEORGES NICOLIS

Active

Private limited companyfounded 201511 yrs activede Broquevillelaan 32, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0597.637.190

GEORGES NICOLIS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 15370 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

90 / 100

Excellent▼ -10 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency100=

Growth58▼-20

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 27.57 against 5.13 in 2023), and 3.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

92 d late

2023

68 d late

2022

31 d late

2021

58 d late

2020

61 d late

2019

87 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€55k▼ 93.0%

2023 · €784k

2018: €104k 2019: €157k 2020: €116k 2021: €33k 2022: €29k 2023: €784k

2018 → 2024

Total assets

€57k▼ 94.2%

2023 · €972k

2018: €145k 2019: €1.02M 2020: €153k 2021: €72k 2022: €32k 2023: €972k

2018 → 2024

Net result

€36k▼ 97.0%

2023 · €1.19M

2018: €30k 2019: €853k 2020: €-41k 2021: €-83k 2022: €-5k 2023: €1.19M

2018 → 2024

Working capital

€50k▼ 93.6%

2023 · €777k

2018: €36k 2019: €49k 2020: €81k 2021: €18k 2022: €20k 2023: €777k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€116k-€33k▼ 71.5%€29k▼ 13.8%€784k▲ 2,650%€55k▼ 93.0%

Operating result€-42k-€-85k▼ 102%€-4k▲ 95.8%€1.55M€47k▼ 96.9%

Net result€-41k-€-83k▼ 105%€-5k▲ 94.5%€1.19M€36k▼ 97.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 97% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €57k

91.7%

Fixed assets €5k▼ 31.3%

Current assets €52k▼ 94.6%

Equity and liabilities €57k

96.7%

Equity €55k▼ 93.0%

Debt €2k▼ 99.0%

The debt ratio falls from 19.3% to 3.3%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€50k▼

2023 · €1.55M

Cash flow

€38k▼

2023 · €1.19M

Solvency

96.7%▲

2023 · 80.7%

Current ratio

27.57▲

2023 · 5.13

Quick ratio

27.57▲

2023 · 5.13

Debt / equity

0.03▼

2023 · 0.24

ROE

64.9%▼

2023 · 152.0%

ROA

62.8%▼

2023 · 122.6%

Interest coverage

51.82▼

2023 · 1783.94

Debt

€2k▼

2023 · €188k

Debt ≤ 1 year

€2k▼

2023 · €188k

Income taxes

€14k▼

2023 · €358k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€972k€57k▼

Fixed assets21/28€7k€5k▼

Tangible fixed assets22/27€7k€4k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€2k€2k▼

Other tangible fixed assets26€1k€669▼

Financial fixed assets28€300€300=

Current assets29/58€965k€52k▼

Amounts receivable within one year40/41€28k€34k▲

Trade receivables40€11k€12k▲

Other amounts receivable41€16k€22k▲

Current investments50/53€750k-

Cash at bank and in hand54/58€186k€18k▼

Deferred charges and accrued income490/1€2k€178▼

Equity and liabilities

Total equity and liabilities10/49€972k€57k▼

Equity10/15€784k€55k▼

Contributions10/11€20k€20k=

Profit (loss) carried forward14€763k€34k▼

Amounts payable17/49€188k€2k▼

Amounts payable within one year42/48€188k€2k▼

Financial debts43€176k-

Other loans439€176k-

Trade debts44€239€2k▲

Suppliers440/4€239€2k▲

Taxes, remuneration and social security45€11k-

Taxes450/3€11k-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€654€526▼

Gross operating margin9900€1.55M€50k▼

Operating profit (loss)9901€1.55M€47k▼

Financial income75/76B€1k€3k▲

Recurring financial income75€1k€3k▲

Financial charges65/66B€870€956▲

Recurring financial charges65€870€956▲

Profit (loss) for the period before taxes9903€1.55M€50k▼

Income taxes67/77€358k€14k▼

Profit (loss) for the period9904€1.19M€36k▼

Profit (loss) for the period to be appropriated9905€1.19M€36k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.20M€799k▼

Profit (loss) brought forward from the previous period14P€8k€763k▲

Profit to be distributed694/7€436k€765k▲

Return on contributions (dividend)694€436k€765k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 17Financial 7Filings 10

2025

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Liquidity times 5current ratio 27.57

Current ratio from 5.13 to 27.57; short-term debt falls from €188k to €2k.

07-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 68 days late

2023

31-12

Financial Back to profitnet €1.19M

Net result €1.19M after 3 loss-making years.

31-12

Financial Equity above €500kEq €784k ▲2650%

Equity rises from €29k to €784k.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Liquidity times 5current ratio 6.61

Current ratio from 1.46 to 6.61; short-term debt falls from €39k to €4k.

27-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 58 days late

2021

31-12

Financial Weakest financial yearnet €-83k

Net result drops to €-83k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

31-12

Financial Liquidity triplescurrent ratio 3.21

Current ratio from 1.06 to 3.21; short-term debt falls from €859k to €37k.

26-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 87 days late

2019

31-12

Financial Equity above €150kEq €157k ▲51%

2 profitable years in a row build equity to €157k.

26-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 26 days late

2018

28-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 28 days late

2017

29-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 60 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

de Broquevillelaan 321200 Sint-Lambrechts-Woluwe

Ground area

614 m²

Building footprint

391 m²

Volume, LiDAR

9,076 m³

Parcel 21673D0135/00M002, Brussels · tallest building 26.5 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

Georges Nicolis

de Broquevillelaan 32, 1200 Sint-Lambrechts-WoluweActivities of lawyers

since 20152.238.855.119

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21673D0135/00M002	Brussels	614 m²	1 · 391 m²	26.5 m · 8 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Chaudfontaine · Eq €55k

Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 7,269 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-02-2015

Fiscal year end31-12

Activities, NACEBEL

69101Activities of lawyers

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.