NALLO
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 12-03-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-03-2026, 130 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
130 d early
2024
38 d early
2023
37 d early
2022
42 d early
2021
40 d early
2020
40 d early
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
Go further with this company
What became of the directors' other companies?Director track record Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€125,884▼ 33.6%
2024 · €189,675
Total assets
€234,063▼ 10.4%
2024 · €261,288
Net result
€1,208▼ 94.3%
2024 · €21,299
Working capital
€18,131▼ 78.0%
2024 · €82,467
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26,655▼ 67.3%€61,729▲ 132%€44,705▼ 27.6%€33,078▼ 26.0%€5,173▼ 84.4%
Net result€20,535▼ 67.2%€52,494▲ 156%€31,413▼ 40.2%€21,299▼ 32.2%€1,208▼ 94.3%
Equity€108,469▲ 23.4%€136,963▲ 26.3%€168,376▲ 22.9%€189,675▲ 12.6%€125,884▼ 33.6%
Total assets€234,940▲ 27.6%€215,108▼ 8.4%€239,303▲ 11.2%€261,288▲ 9.2%€234,063▼ 10.4%
Debt€126,471▲ 31.6%€78,145▼ 38.2%€70,926▼ 9.2%€71,613▲ 1.0%€108,180▲ 51.1%
Working capital€45,260▲ 52.8%€54,382▲ 20.2%€50,329▼ 7.5%€82,467▲ 63.9%€18,131▼ 78.0%
Staff (FTE)00
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 has fallen three years in a row; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234,063
Fixed assets
€127,127 ▼ 10.4%
Current assets
€106,936 ▼ 10.5%
Equity and liabilities €234,063
Equity
€125,884 ▼ 33.6%
Debt
€108,180 ▲ 51.1%
Debt's share of the balance-sheet total rises from 27.4% to 46.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46,622▼
2024 · €70,708
Cash flow
€42,658▼
2024 · €58,929
Current ratio
1.20▼
2024 · 3.23
Quick ratio
1.16▼
2024 · 2.95
Debt to equity
0.86▲
2024 · 0.38
ROE
1.0%▼
2024 · 11.2%
ROA
0.5%▼
2024 · 8.2%
Interest coverage
9.97▼
2024 · 12.09
Debt ≤ 1 year
€88,805▲
2024 · €36,985
Debt > 1 year
€19,375▼
2024 · €34,628
Income taxes
€531▼
2024 · €6,517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,737 | €20,986 | €27,111 | €37,630 | €41,450 | ▲ 10.2% |
| Other operating charges640/8 | €660 | €677 | €1,176 | €1,241 | €1,201 | ▼ 3.2% |
| Non-recurring operating charges66A | - | - | - | €455 | €0 | ▼ 100% |
| Gross operating margin9900 | €43,053 | €83,392 | €72,992 | €72,404 | €47,823 | ▼ 33.9% |
| Operating profit (loss)9901 | €26,655 | €61,729 | €44,705 | €33,078 | €5,173 | ▼ 84.4% |
| Financial income75/76B | €0 | €1 | €0 | €587 | €1,243 | ▲ 112% |
| Recurring financial income75 | €0 | €1 | €0 | €587 | €1,243 | ▲ 112% |
| Financial charges65/66B | €4,920 | €3,244 | €4,457 | €5,849 | €4,676 | ▼ 20.1% |
| Recurring financial charges65 | €4,920 | €3,244 | €4,457 | €5,849 | €4,676 | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €21,736 | €58,486 | €40,249 | €27,816 | €1,740 | ▼ 93.7% |
| Income taxes67/77 | €1,201 | €5,991 | €8,836 | €6,517 | €531 | ▼ 91.8% |
| Profit (loss) for the period9904 | €20,535 | €52,494 | €31,413 | €21,299 | €1,208 | ▼ 94.3% |
| Profit (loss) for the period to be appropriated9905 | €20,535 | €52,494 | €31,413 | €21,299 | €1,208 | ▼ 94.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €234,940 | €215,108 | €239,303 | €261,288 | €234,063 | ▼ 10.4% |
| Fixed assets21/28 | €87,581 | €83,588 | €140,028 | €141,836 | €127,127 | ▼ 10.4% |
| Tangible fixed assets22/27 | €87,581 | €83,588 | €140,028 | €141,836 | €127,127 | ▼ 10.4% |
| Land and buildings22 | - | - | €26,826 | €24,123 | €21,420 | ▼ 11.2% |
| Plant, machinery and equipment23 | €77,137 | €71,404 | €98,206 | €107,923 | €94,553 | ▼ 12.4% |
| Furniture and vehicles24 | €10,444 | €12,184 | €14,996 | €9,791 | €11,154 | ▲ 13.9% |
| Current assets29/58 | €147,359 | €131,520 | €99,274 | €119,452 | €106,936 | ▼ 10.5% |
| Stocks and contracts in progress3 | €48,906 | €21,397 | €19,859 | €10,310 | €4,017 | ▼ 61.0% |
| Stocks30/36 | €48,906 | €21,397 | €19,859 | €10,310 | €4,017 | ▼ 61.0% |
| Amounts receivable within one year40/41 | €45,930 | €23,844 | €50,983 | €71,062 | €72,707 | ▲ 2.3% |
| Trade receivables40 | €30,930 | €23,774 | €30,859 | €59,951 | €61,937 | ▲ 3.3% |
| Other amounts receivable41 | €15,000 | €71 | €20,124 | €11,111 | €10,770 | ▼ 3.1% |
| Cash at bank and in hand54/58 | €49,821 | €83,862 | €24,244 | €35,916 | €28,049 | ▼ 21.9% |
| Deferred charges and accrued income490/1 | €2,702 | €2,417 | €4,189 | €2,163 | €2,163 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €234,940 | €215,108 | €239,303 | €261,288 | €234,063 | ▼ 10.4% |
| Equity10/15 | €108,469 | €136,963 | €168,376 | €189,675 | €125,884 | ▼ 33.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €89,869 | €118,363 | €149,776 | €171,075 | €107,284 | ▼ 37.3% |
| Amounts payable17/49 | €126,471 | €78,145 | €70,926 | €71,613 | €108,180 | ▲ 51.1% |
| Amounts payable after more than one year17 | €23,143 | €0 | €21,981 | €34,628 | €19,375 | ▼ 44.0% |
| Financial debts170/4 | €23,143 | €0 | €21,981 | €34,628 | €19,375 | ▼ 44.0% |
| Amounts payable within one year42/48 | €102,099 | €77,137 | €48,946 | €36,985 | €88,805 | ▲ 140% |
| Current portion of amounts payable after more than one year42 | €46,738 | €23,143 | €6,910 | €14,482 | €15,254 | ▲ 5.3% |
| Financial debts43 | - | €6,500 | €2,167 | €2,167 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €6,500 | €2,167 | €2,167 | €0 | ▼ 100% |
| Trade debts44 | €28,534 | €4,506 | €31,791 | €15,204 | €10,807 | ▼ 28.9% |
| Suppliers440/4 | €28,534 | €4,506 | €31,791 | €15,204 | €10,807 | ▼ 28.9% |
| Taxes, remuneration and social security45 | €5,247 | €13,900 | €8,078 | €5,068 | €17,384 | ▲ 243% |
| Taxes450/3 | €5,247 | €13,900 | €8,078 | €5,068 | €17,384 | ▲ 243% |
| Other amounts payable47/48 | €21,580 | €29,088 | €0 | €64 | €45,361 | ▲ 70,401% |
| Accrued charges and deferred income492/3 | €1,229 | €1,008 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,535 | €52,494 | €31,413 | €21,299 | €1,208 | ▼ 94.3% |
| + Depreciation and write-downs630 | €15,737 | €20,986 | €27,111 | €37,630 | €41,450 | ▲ 10.2% |
| Operating cash flow (approximation) | €36,272 | €73,480 | €58,524 | €58,929 | €42,658 | ▼ 27.6% |
| Investment in fixed assets (approximation) | - | -€16,993 | -€83,551 | -€39,438 | -€26,741 | ▲ 32.2% |
| Change in cash | - | €34,041 | -€59,618 | €11,672 | -€7,867 | ▼ 167% |
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
30-03
State Gazette act
Restructuring · End & cessationResignation: OFFINI CARDS (director) · Merger · Accounting effect9 facts ▸
State Gazette act
Restructuring · End & cessation
Resignation: OFFINI CARDS (director) · Merger · Accounting effect9 facts ▸
- General meeting, 12 maart 2026
- Merger, 12 maart 2026
- Accounting effect, 1 januari 2026
- Dissolution, 12-03-2026
- Director resignation, OFFINI CARDS (director)
- Director discharge, OFFINI CARDS (director)
- Director discharge, OFFINI CARDS (director)
- Approval, 26/02/2026
- Power of attorney, Moore Finance & Taks
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
29-01
State Gazette act
RestructuringMerger · Accounting effect · Instrumenting notary3 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Instrumenting notary3 facts ▸
- Merger, geruisloze fusie, fusie door overneming
- Accounting effect, 01-01-2026
- Instrumenting notary, aangeduid door de bestuursorganen van Offini Cards BV en Nallo BV met als opdracht het verlijden van de akten aangaande de fusie
2025
31-12
Financial
Weakest financial yearnet €1,208 ▼94.3%
Net result drops to €1,208, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150,000Eq €168,376 ▲22.9%
5 profitable years in a row build equity to €168,376.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €108,469 ▲23.4%
3 profitable years in a row build equity to €108,469.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €62,613 ▲832%
Operating result €81,419, net result €62,613, both a record.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 2 have been read. The other 3 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
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
3 of this company's 5 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
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| OFFINI CARDS |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
25%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionMerger with:OFFINI CARDS