NANCY TRADING
ActiveSummary
NANCY TRADING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,783 and a net result of -€2,554. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-76
Solvency43▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.22 against 1.28 in 2024; short-term debt: 81.8% and cash: 0.2% of total assets), and 81.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
18.2%
Return on assets
-5.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
35 d early
2023
31 d late
2022
109 d late
2021
31 d late
2020
31 d late
2019
94 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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. Usually files around 31 August (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€8,783▼ 22.5%
2024 · €11,337
Total assets
€48,198▼ 7.7%
2024 · €52,213
Net result
-€2,554
2024 · €24,319
Working capital
€8,783▼ 22.5%
2024 · €11,337
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,876▲ 61.3%-€4,310▲ 37.3%-€782▲ 81.9%€24,427-€2,430
Net result-€7,041below the sector's middle half▲ 62.3%-€4,348below the sector's middle half▲ 38.3%-€809within the sector's middle half▲ 81.4%€24,319above the sector's middle half-€2,554within the sector's middle half
Equity-€7,825below the sector's middle half▼ 899%-€12,172below the sector's middle half▼ 55.6%-€12,982below the sector's middle half▼ 6.7%€11,337within the sector's middle half€8,783within the sector's middle half▼ 22.5%
Total assets€2,797below the sector's middle half▼ 8.7%€393below the sector's middle half▼ 86.0%€25,024below the sector's middle half▲ 6,272%€52,213below the sector's middle half▲ 109%€48,198below the sector's middle half▼ 7.7%
Debt€10,622▲ 176%€12,565▲ 18.3%€38,006▲ 202%€40,876▲ 7.6%€39,415▼ 3.6%
Working capital-€9,555below the sector's middle half▼ 213%-€12,559below the sector's middle half▼ 31.4%-€12,982below the sector's middle half▼ 3.4%€11,337within the sector's middle half€8,783within the sector's middle half▼ 22.5%
Solvency-51.9%below the sector's middle half21.7%within the sector's middle half▲ 73.6pp18.2%within the sector's middle half▼ 3.5pp
Current ratio0.66below the sector's middle half1.28within the sector's middle half▲ 0.621.22within the sector's middle half▼ 0.05
Return on assets (ROA)-3.2%within the sector's middle half46.6%above the sector's middle half▲ 49.8pp-5.3%below the sector's middle half▼ 51.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,430 after €24,427 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €48,198
Equity
€8,783 ▼ 22.5%
Debt
€39,415 ▼ 3.6%
Debt's share of the balance-sheet total rises from 78.3% to 81.8%. Equity and debt are lower.
Key figures and ratios
Quick ratio
0.65▼
2024 · 1.28
Debt to equity
4.49▲
2024 · 3.61
ROE
-29.1%▼
2024 · 214.5%
Debt ≤ 1 year
€39,415▼
2024 · €40,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,165 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €534 | €380 | €387 | - | - | - |
| Other operating charges640/8 | - | €1,311 | €384 | €9,552 | - | - |
| Gross operating margin9900 | -€6,342 | -€2,619 | -€11 | €33,979 | -€2,430 | ▼ 107% |
| Operating profit (loss)9901 | -€6,876 | -€4,310 | -€782 | €24,427 | -€2,430 | ▼ 110% |
| Financial income75/76B | €28 | €1 | - | - | - | - |
| Recurring financial income75 | €28 | €1 | - | - | - | - |
| Financial charges65/66B | €194 | €39 | €27 | €108 | €124 | ▲ 14.8% |
| Recurring financial charges65 | €194 | €39 | €27 | €108 | €124 | ▲ 14.8% |
| Profit (loss) for the period before taxes9903 | -€7,041 | -€4,348 | -€809 | €24,319 | -€2,554 | ▼ 111% |
| Profit (loss) for the period9904 | -€7,041 | -€4,348 | -€809 | €24,319 | -€2,554 | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | -€7,041 | -€4,348 | -€809 | €24,319 | -€2,554 | ▼ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,797 | €393 | €25,024 | €52,213 | €48,198 | ▼ 7.7% |
| Fixed assets21/28 | €1,730 | €386 | - | - | - | - |
| Intangible fixed assets21 | €766 | €386 | - | - | - | - |
| Tangible fixed assets22/27 | €964 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | €964 | - | - | - | - | - |
| Current assets29/58 | €1,068 | €6 | €25,024 | €52,213 | €48,198 | ▼ 7.7% |
| Stocks and contracts in progress3 | - | - | - | - | €22,582 | - |
| Stocks30/36 | - | - | - | - | €22,582 | - |
| Amounts receivable within one year40/41 | €450 | - | - | €15,480 | €25,504 | ▲ 64.8% |
| Trade receivables40 | €0 | - | - | €15,480 | €25,425 | ▲ 64.2% |
| Other amounts receivable41 | €450 | - | - | - | €79 | - |
| Cash at bank and in hand54/58 | €618 | €6 | €25,024 | €36,733 | €112 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,797 | €393 | €25,024 | €52,213 | €48,198 | ▼ 7.7% |
| Equity10/15 | -€7,825 | -€12,172 | -€12,982 | €11,337 | €8,783 | ▼ 22.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €59,460 | €59,460 | €59,460 | €59,460 | €59,460 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | €1,860 | €1,860 | = |
| Distributable reserves133 | €57,600 | €57,600 | €59,460 | €57,600 | €57,600 | = |
| Profit (loss) carried forward14 | -€79,685 | -€84,032 | -€84,842 | -€60,523 | -€63,077 | ▼ 4.2% |
| Amounts payable17/49 | €10,622 | €12,565 | €38,006 | €40,876 | €39,415 | ▼ 3.6% |
| Amounts payable within one year42/48 | €10,622 | €12,565 | €38,006 | €40,876 | €39,415 | ▼ 3.6% |
| Trade debts44 | €1,269 | €2,685 | €1,975 | - | €2,133 | - |
| Suppliers440/4 | €1,269 | €2,685 | €1,975 | - | €2,133 | - |
| Taxes, remuneration and social security45 | €0 | - | - | €3,594 | - | - |
| Taxes450/3 | €0 | - | - | €3,594 | - | - |
| Other amounts payable47/48 | €9,353 | €9,880 | €36,031 | €37,282 | €37,282 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,041 | -€4,348 | -€809 | €24,319 | -€2,554 | ▼ 111% |
| + Depreciation and write-downs630 | €534 | €380 | €387 | - | - | - |
| Operating cash flow (approximation) | -€6,507 | -€3,968 | -€422 | €24,319 | -€2,554 | ▼ 111% |
| Investment in fixed assets (approximation) | - | €964 | - | - | - | - |
| Change in cash | - | -€611 | €25,018 | €11,709 | -€36,621 | ▼ 413% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
14-07
State Gazette act
Registered officeRegistered-office move · Director in office4 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office4 facts ▸
- General meeting, 01-07-2026
- Registered-office move, Rue des Anciens Étangs 55,boîte 1,1190 Forest
- Director in office, Velykoivanenko Anastasiia (director)
- Other statement, publication reference, *26090361*
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €24,319
Net result €24,319 after 6 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 109 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
31-12
Financial
Weakest financial yearnet -€34,564
Net result drops to -€34,564, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2017
Ground area
2,855 m²
Building footprint
559 m²
Volume, LiDAR
5,027 m³
2 parcels, Brussels · tallest building 25.7 m, ±7 floors. Linked by address, not a title deed.
141
companies at this address
See who is registered here
1 establishment unit
Tervurenlaan 197, 1150 Sint-Pieters-Woluwe
since 20172.276.282.370
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 fl. |
| 21019A0215/00D007 | Brussels | 222 m² | 1 · 127 m² | 25.7 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,504 companies in this sector we hold annual accounts for 5,855. 3,321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded24-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889619959
Also
9925:BE0889619959
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.