NALIS
ActiveSummary
The computed 12-month bankruptcy probability of NALIS is 1.5% (moderate). The 2025 annual accounts show equity of €148k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+6
Solvency75▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.04 in 2024; short-term debt: 40.2% and cash: 0% of total assets), and 50.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filingsDeviation from the deadline
2025
27 d late
2024
19 d late
2023
30 d late
2022
28 d late
2021
25 d late
2020
31 d late
2019
122 d late
← 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, abbreviated schema
Equity
€148k▼ 2.8%
2024 · €152k
2018: €-76k
2019: €-117k▼ -54.4% vs 2018lowest in 8 years
2020: €170k▲ +246% vs 2019
2021: €171k▲ +0.1% vs 2020
2022: €171k▲ +0.2% vs 2021highest in 8 years
2023: €160k▼ -6.4% vs 2022
2024: €152k▼ -4.8% vs 2023
2025: €148k▼ -2.8% vs 2024
2018 → 2025
Total assets
€298k▼ 5.5%
2024 · €316k
2018: €535khighest in 8 years
2019: €470k▼ -12.2% vs 2018
2020: €519k▲ +10.6% vs 2019
2021: €447k▼ -14.0% vs 2020
2022: €400k▼ -10.5% vs 2021
2023: €324k▼ -18.8% vs 2022
2024: €316k▼ -2.7% vs 2023
2025: €298k▼ -5.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€-4k▲ 44.6%
2024 · €-8k
2018: €-34k
2019: €-40k▼ -16.7% vs 2018lowest in 8 years
2020: €307k▲ +866% vs 2019highest in 8 years
2021: €116▼ -100.0% vs 2020
2022: €260▲ +124% vs 2021
2023: €-11k▼ -4301% vs 2022
2024: €-8k▲ +30.4% vs 2023
2025: €-4k▲ +44.6% vs 2024
2018 → 2025
Working capital
€2k▼ 65.1%
2024 · €5k
2018: €-275k
2019: €-306k▼ -11.0% vs 2018lowest in 8 years
2020: €50k▲ +116% vs 2019highest in 8 years
2021: €45k▼ -10.3% vs 2020
2022: €38k▼ -15.3% vs 2021
2023: €11k▼ -70.0% vs 2022
2024: €5k▼ -52.7% vs 2023
2025: €2k▼ -65.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€171k-€171k▲ 0.2%€160k▼ 6.4%€152k▼ 4.8%€148k▼ 2.8%
2021: €171k
2022: €171k▲ +0.2% vs 2021highest in 5 years
2023: €160k▼ -6.4% vs 2022
2024: €152k▼ -4.8% vs 2023
2025: €148k▼ -2.8% vs 2024lowest in 5 years
Operating result€-3k-€-502▲ 84.8%€-6k▼ 1,157%€-7k▼ 15.1%€-4k▲ 46.7%
2021: €-3k
2022: €-502▲ +84.8% vs 2021highest in 5 years
2023: €-6k▼ -1157% vs 2022
2024: €-7k▼ -15.1% vs 2023lowest in 5 years
2025: €-4k▲ +46.7% vs 2024
Net result€116-€260▲ 124%€-11k€-8k▲ 30.4%€-4k▲ 44.6%
2021: €116
2022: €260▲ +124% vs 2021highest in 5 years
2023: €-11k▼ -4301% vs 2022lowest in 5 years
2024: €-8k▲ +30.4% vs 2023
2025: €-4k▲ +44.6% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298k
Fixed assets
€176k ▼ 3.5%
Current assets
€122k ▼ 8.2%
Equity and liabilities €298k
Equity
€148k ▼ 2.8%
Debt
€150k ▼ 8.1%
Debt's share of the balance-sheet total falls from 51.8% to 50.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▲
2024 · €-789
Cash flow
€2k▲
2024 · €-1k
Current ratio
1.02▼
2024 · 1.04
Debt to equity
1.01▼
2024 · 1.07
ROE
-2.8%▲
2024 · -5.0%
ROA
-1.4%▲
2024 · -2.4%
Interest coverage
0.63▲
2024 · -0.18
Debt ≤ 1 year
€120k▼
2024 · €127k
Debt > 1 year
€27k▼
2024 · €32k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€316k€298k▼
Fixed assets21/28€183k€176k▼
Tangible fixed assets22/27€130k€123k▼
Land and buildings22€130k€123k▼
Financial fixed assets28€53k€53k=
Current assets29/58€133k€122k▼
Amounts receivable within one year40/41€129k€118k▼
Other amounts receivable41€129k€118k▼
Cash at bank and in hand54/58€16€16▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€316k€298k▼
Equity10/15€152k€148k▼
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€84k€80k▼
Amounts payable17/49€163k€150k▼
Amounts payable after more than one year17€32k€27k▼
Financial debts170/4€32k€27k▼
Amounts payable within one year42/48€127k€120k▼
Current portion of amounts payable after more than one year42€5k€5k=
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Other amounts payable47/48€117k€111k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€1k€5k▲
Operating profit (loss)9901€-7k€-4k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-8k€-4k▲
Profit (loss) for the period9904€-8k€-4k▲
Profit (loss) for the period to be appropriated9905€-8k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€80k▼
Profit (loss) brought forward from the previous period14P€92k€84k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €6k | €6k | €6k | = |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▲ 6.2% |
| Gross operating margin9900 | €6k | €9k | €2k | €1k | €5k | ▲ 246% |
| Operating profit (loss)9901 | €-3k | €-502 | €-6k | €-7k | €-4k | ▲ 46.7% |
| Financial income75/76B | €10k | €7k | €5k | €4k | €4k | ▼ 3.6% |
| Recurring financial income75 | €10k | €7k | €5k | €4k | €4k | ▼ 3.6% |
| Financial charges65/66B | €7k | €6k | €10k | €4k | €4k | ▼ 3.4% |
| Recurring financial charges65 | €7k | €6k | €10k | €4k | €4k | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €159 | €268 | €-11k | €-8k | €-4k | ▲ 44.6% |
| Income taxes67/77 | €42 | €8 | €15 | - | - | - |
| Profit (loss) for the period9904 | €116 | €260 | €-11k | €-8k | €-4k | ▲ 44.6% |
| Profit (loss) for the period to be appropriated9905 | €116 | €260 | €-11k | €-8k | €-4k | ▲ 44.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €447k | €400k | €324k | €316k | €298k | ▼ 5.5% |
| Fixed assets21/28 | €203k | €196k | €189k | €183k | €176k | ▼ 3.5% |
| Tangible fixed assets22/27 | €150k | €143k | €136k | €130k | €123k | ▼ 5.0% |
| Land and buildings22 | €150k | €143k | €136k | €130k | €123k | ▼ 5.0% |
| Financial fixed assets28 | €53k | €53k | €53k | €53k | €53k | = |
| Current assets29/58 | €244k | €204k | €135k | €133k | €122k | ▼ 8.2% |
| Amounts receivable within one year40/41 | €236k | €197k | €130k | €129k | €118k | ▼ 8.3% |
| Other amounts receivable41 | €236k | €197k | €130k | €129k | €118k | ▼ 8.3% |
| Cash at bank and in hand54/58 | - | €297 | €61 | €16 | €16 | ▲ 1.4% |
| Deferred charges and accrued income490/1 | €7k | €7k | €5k | €4k | €4k | ▼ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €447k | €400k | €324k | €316k | €298k | ▼ 5.5% |
| Equity10/15 | €171k | €171k | €160k | €152k | €148k | ▼ 2.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €102k | €103k | €92k | €84k | €80k | ▼ 5.0% |
| Amounts payable17/49 | €276k | €229k | €165k | €163k | €150k | ▼ 8.1% |
| Amounts payable after more than one year17 | €73k | €60k | €37k | €32k | €27k | ▼ 16.7% |
| Financial debts170/4 | €73k | €60k | €37k | €32k | €27k | ▼ 16.7% |
| Amounts payable within one year42/48 | €199k | €166k | €124k | €127k | €120k | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | €12k | €11k | €5k | €5k | €5k | = |
| Financial debts43 | €3 | - | - | - | - | - |
| Credit institutions430/8 | €3 | - | - | - | - | - |
| Trade debts44 | €27k | €30k | €5k | €5k | €4k | ▼ 34.2% |
| Suppliers440/4 | €27k | €30k | €5k | €5k | €4k | ▼ 34.2% |
| Taxes, remuneration and social security45 | €30k | €15k | €44 | - | - | - |
| Taxes450/3 | €30k | €15k | €44 | - | - | - |
| Other amounts payable47/48 | €130k | €111k | €113k | €117k | €111k | ▼ 4.8% |
| Accrued charges and deferred income492/3 | €4k | €3k | €3k | €4k | €3k | ▼ 10.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116 | €260 | €-11k | €-8k | €-4k | ▲ 44.6% |
| + Depreciation and write-downs630 | €7k | €7k | €6k | €6k | €6k | = |
| Operating cash flow (approximation) | €7k | €8k | €-4k | €-1k | €2k | ▲ 299% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | €-236 | €-45 | €0 | ▲ 100% |
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
14-09
State Gazette act
Appointments: SRL INL (director) and SRL ARIANE LINK INFORMATIQUE (director)6 facts ▸
State Gazette act
Appointments: SRL INL (director) and SRL ARIANE LINK INFORMATIQUE (director)
6 facts ▸
- General meeting, 13-05-2026
- Director appointment, SRL INL (director)
- Director appointment, SRL ARIANE LINK INFORMATIQUE (director)
- Other statement, assemblée, vote spécial et à l'unanimité
- Board meeting, 13-05-2026
- Director appointment, SRL INL (managing director and chair of the board)
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €307k
Net result €307k after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 1.19
Current ratio from 0.16 to 1.19; short-term debt falls from €363k to €259k.
31-12
Financial
Equity above €150kEq €170k
Equity rises from €-117k to €170k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2026
INL
CurrentManaging director and chair of the board · since 13-05-2026 · Private limited company (pre-2019) · perm. rep.: François LEBRUN
SRL ARIANE LINK INFORMATIQUE
CurrentDirector · since 13-05-2026 · Legal entity · perm. rep.: Fabrice AVAUX
13-05-2026
INL: Appointed as Managing director and chair of the board
13-05-2026
INL: Appointed as Director
13-05-2026
SRL ARIANE LINK INFORMATIQUE: Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2008
Ground area
4,415 m²
Building footprint
2,124 m²
Volume, LiDAR
45,158 m³
Parcel 21652E0035/00R005, Brussels · tallest building 36.1 m, ±7 floors. Linked by address, not a title deed.
231
companies at this address
See who is registered here
1 establishment unit
NALIS
since 20082.172.512.859
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0035/00R005 | Brussels | 4,415 m² | 1 · 2,124 m² | 36.1 m · 7 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.
Structure & network
Identification & contact
Identification
Legal formPublic limited company
Founded23-06-2008
Fiscal year end31-12
Contact
E-mail
FRANCOIS@NALIS.BEWatermaal-Bosvoorde
Phone
02 679 07 90Watermaal-Bosvoorde
Fax
02 672 07 27Watermaal-Bosvoorde
Scores and ratios are computed by Checked and are not a credit decision.