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NACRI

Active
Public limited companyfounded 198739 yrs activeAlsembergse Steenweg 219, 1190 Vorst, BelgiumKBO/BCE: BE 0431.433.432

NACRI has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-24k. Equity is shrinking by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
25 / 100
Weak▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency37▼-25
Growth32=
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.94 against 1.07 in 2024), and 74.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
elevated failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.5%
Return on assets
-13.2%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€24k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d early
2022
23 d late
2021
81 d early
2020
31 d early
2019
3 d early
← before the deadline after the deadline →
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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-24k▲ 18.4%
2024 · €-30k
2018: €-3k 2019: €23k 2020: €-18k 2021: €-15k 2022: €-13k 2023: €-34k 2024: €-30k
2018 → 2025
Working capital
€-8k
2024 · €8k
2018: €748k 2019: €182k 2020: €123k 2021: €67k 2022: €60k 2023: €51k 2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€130k-€117k▼ 9.8%€101k▼ 13.6%€71k▼ 29.5%€47k▼ 34.1%
Operating result€-15k-€-13k▲ 13.4%€-35k▼ 164%€-43k▼ 22.3%€-22k▲ 49.7%
Net result€-15k-€-13k▲ 13.4%€-34k▼ 167%€-30k▲ 12.1%€-24k▲ 18.4%
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2021: €-15k€-15kNet result 2021: €-15k€-15kOperating result 2022: €-13k€-13kNet result 2022: €-13k€-13kOperating result 2023: €-35k€-35kNet result 2023: €-34k€-34kOperating result 2024: €-43k€-43kNet result 2024: €-30k€-30kOperating result 2025: €-22k€-22kNet result 2025: €-24k€-24k20212022202320242025
The operating result stays negative: a loss of €22k in 2025 against €43k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets €55k▼ 12.7%
Current assets €129k▲ 8.5%
Equity and liabilities €184k
Equity €47k▼ 34.1%
Debt €137k▲ 23.7%
The debt ratio rises from 60.9% to 74.5%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-14k
2024 · €-37k
Cash flow
€-16k
2024 · €-24k
Solvency
25.5%
2024 · 39.1%
Current ratio
0.94
2024 · 1.07
Quick ratio
0.83
2024 · 0.94
Debt / equity
2.92
2024 · 1.56
ROE
-51.6%
2024 · -41.7%
ROA
-13.2%
2024 · -16.3%
Interest coverage
-3.23
2024 · -78.37
Debt
€137k
2024 · €111k
Debt ≤ 1 year
€137k
2024 · €111k
Income taxes
€299
2024 · €208
Staff costs
€69k
2024 · €59k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€182k€184k
Fixed assets21/28€63k€55k
Tangible fixed assets22/27€63k€55k
Land and buildings22€9k€9k=
Plant, machinery and equipment23€36k€33k
Furniture and vehicles24€18k€13k
Current assets29/58€119k€129k
Stocks and contracts in progress3€14k€14k
Stocks30/36€14k€14k
Amounts receivable within one year40/41€24k€50k
Trade receivables40€24k€47k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€81k€65k
Equity and liabilities
Total equity and liabilities10/49€182k€184k
Equity10/15€71k€47k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€3k€-21k
Amounts payable17/49€111k€137k
Amounts payable within one year42/48€111k€137k
Trade debts44€18k€24k
Suppliers440/4€18k€24k
Taxes, remuneration and social security45€19k€29k
Taxes450/3€10k€12k
Remuneration and social security454/9€8k€17k
Other amounts payable47/48€74k€85k
Income statement Code20242025
Remuneration, social security and pensions62€59k€69k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k
Other operating charges640/8€4k€2k
Gross operating margin9900€26k€58k
Operating profit (loss)9901€-43k€-22k
Financial income75/76B€14k€2k
Recurring financial income75€13k€2k
Non-recurring financial income76B€1k-
Financial charges65/66B€470€4k
Recurring financial charges65€470€4k
Profit (loss) for the period before taxes9903€-30k€-24k
Income taxes67/77€208€299
Profit (loss) for the period9904€-30k€-24k
Profit (loss) for the period to be appropriated9905€-30k€-24k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-21k
Profit (loss) brought forward from the previous period14P€33k€3k
Social balance
Average headcount (FTE)90872.31.6

The notes to these accounts (3 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
11-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €23k
Net result €23k after one loss-making year.
06-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Vorst · 2 establishment units since 1987
establishment All 2 establishment units 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.

Alsembergse Steenweg 2191190 Vorst
Ground area
4,603 m²
Building footprint
391 m²
Volume, LiDAR
7,217 m³
2 parcels, Brussels · tallest building 26.1 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
NACRI
Alsembergse Steenweg 219, 1190 VorstNACE 7440101
since 19872.029.538.819
ENDLESS HITS
Violetstraat 38, 1000 BrusselRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20242.355.884.926
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21383B0049/00R011 Brussels 4,506 m² 1 · 292 m² 26.1 m · 7 fl.
21004A1175/00A000
ProtectedArchitectural ensemble · MonumentGeheel van traditonele huizen en voormalige hertog van SavoyegangSource ↗
Brussels 97 m² 1 · 98 m² 17.0 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 944 companies in sector 47792 we hold annual accounts for 184. 130 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded20-06-1987
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
73110Advertising agencies
74401
18120Other printing
74105Other professional, scientific and technical activities
74140Other specialised design activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.