NARANISH
ActiveThe computed 12-month bankruptcy probability of NARANISH is 3.3% (moderate). The 2024 annual accounts show equity of €34k and a net result of €104k. Equity is shrinking by ~17.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 33% of 107 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+23
Solvency62▼-26
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.6 in 2023; short-term debt: 63.2% and cash: 30.8% of total assets), and 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Sector 92
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
14 d late
2023
30 d late
2022
148 d late
2021
30 d late
2020
74 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€34k▲ 12.3%
2023 · €31k
2020: €84k
2021: €109k
2022: €114k
2023: €31k
2020 → 2024
Total assets
€93k▲ 93.7%
2023 · €48k
2020: €119k
2021: €144k
2022: €119k
2023: €48k
2020 → 2024
Net result
€104k▲ 3,089%
2023 · €3k
2020: €82k
2021: €25k
2022: €5k
2023: €3k
2020 → 2024
Working capital
€-1k▲ 81.4%
2023 · €-7k
2020: €45k
2021: €56k
2022: €68k
2023: €-7k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€109k▲ 29.8%€114k▲ 4.4%€31k▼ 73.0%€34k▲ 12.3%
Operating result€116k-€33k▼ 71.3%€8k▼ 77.3%€17k▲ 125%€121k▲ 612%
Net result€82k-€25k▼ 69.7%€5k▼ 80.7%€3k▼ 32.4%€104k▲ 3,089%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 612% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€36k▼ 5.1%
Current assets
€58k▲ 444%
Equity and liabilities €93k
Equity
€34k▲ 12.3%
Debt
€59k▲ 235%
The debt ratio rises from 36.5% to 63.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123k▲
2023 · €25k
Cash flow
€106k▲
2023 · €11k
Solvency
36.8%▼
2023 · 63.5%
Current ratio
0.98▲
2023 · 0.60
Quick ratio
0.98▲
2023 · 0.60
Debt / equity
1.72▲
2023 · 0.58
ROE
301.7%▲
2023 · 10.6%
ROA
111.0%▲
2023 · 6.7%
Interest coverage
268.81▼
2023 · 335.53
Debt
€59k▲
2023 · €18k
Debt ≤ 1 year
€59k▲
2023 · €18k
Income taxes
€17k▲
2023 · €14k
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€48k€93k▲
Fixed assets21/28€38k€36k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€1k-
Financial fixed assets28€30k€30k=
Current assets29/58€11k€58k▲
Amounts receivable within one year40/41-€29k
Other amounts receivable41-€29k
Cash at bank and in hand54/58€10k€29k▲
Deferred charges and accrued income490/1€402€127▼
Equity and liabilities
Total equity and liabilities10/49€48k€93k▲
Equity10/15€31k€34k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€29k€33k▲
Amounts payable17/49€18k€59k▲
Amounts payable within one year42/48€18k€59k▲
Trade debts44€202€1k▲
Suppliers440/4€202€1k▲
Taxes, remuneration and social security45€17k€58k▲
Taxes450/3€17k€58k▲
Other amounts payable47/48€508-
Income statement
Code20232024
Remuneration, social security and pensions62€18k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€177€569▲
Gross operating margin9900€43k€124k▲
Operating profit (loss)9901€17k€121k▲
Financial charges65/66B€74€457▲
Recurring financial charges65€74€457▲
Profit (loss) for the period before taxes9903€17k€121k▲
Income taxes67/77€14k€17k▲
Profit (loss) for the period9904€3k€104k▲
Profit (loss) for the period to be appropriated9905€3k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€133k▲
Profit (loss) brought forward from the previous period14P€112k€29k▼
Profit to be distributed694/7€86k€100k▲
Return on contributions (dividend)694€86k€100k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Highest result since 2020net €104k ▲3089%
Operating result €121k, net result €104k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼32.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 148 days late
2022
31-12
Financial
Liquidity times 5current ratio 13.39
Current ratio from 2.56 to 13.39; short-term debt falls from €36k to €6k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €109k ▲29.8%
2 profitable years in a row build equity to €109k.
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 74 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, Etterbeek · 1 establishment unit since 2019
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.
Jourdanplein 411040 EtterbeekGround area
853 m²
Building footprint
646 m²
Volume, LiDAR
10,875 m³
2 parcels, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NARANISH
since 20192.291.266.989
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0140/00B002 | Brussels | 791 m² | 1 · 588 m² | 21.1 m · 6 fl. |
| 21005A0149/00E000 | Brussels | 61 m² | 1 · 58 m² | 16.7 m · 5 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.
Similar companies · same sector, comparable size
NITAA
BE 0776.803.813
Etterbeek · Eq €35k
KENTPLAY
BE 0722.771.645
Willebroek · Eq €37k
LIBRAIRIE WINDEN
BE 0508.597.130
Amay · Eq €37k
NAZLIM
BE 0630.783.575
Sint-Joost-ten-Node · Eq €37k
CHANNI
BE 0838.054.660
Vilvoorde · Eq €38k
Of 506 companies in sector 92000 we hold annual accounts for 303. 163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2019
Fiscal year end31-12
Activities, NACEBEL
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:naranish@hotmail.com