NASIM
ActiveSummary
NASIM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,080 and a net result of €20,973. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 31% of 25,567 sector peers (NACE 47, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-02-2009 Normal situation
- Activity
- Other retail sale of food NACE 47279and 1 other
- Establishment unit
- 2.177.396.513 2000 Antwerpen, since 03-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 14-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €130,896
- ▼ 14.2%
- Turnover
- ≈ €620,000
- estimated
- Profit
- €20,973
- ▲ 28.3%
- Equity
- €43,080
- ▲ 94.9%
- Total assets
- €376,911
- ▼ 15.8%
- Employees on 31-12-2024
- 2
- =
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 03-08-2025)1 financial year not filed after the legal deadline; 2 of the last 3 accounts latelowers riskFounded in 2009Liquidity: current ratio 0.89, cash €171,919Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 28% of them on solvency, 75% on liquidity, 42% on profitability and 92% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 31-07-2025 PDF all 15 filings
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 51% higher than in 2023 and the highest since 2020. It is the third rise in a row, after the fall in 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 |
| part-time | 0 | 1 | 0 | 0 |
| in full-time equivalents | 2 | 2.5 | 2 | 2 |
| Average over the year, in full-time equivalents | 1.3 | 2.1 | 2.7 | 2 |
| On a permanent contract | 2 | 2 | 2 | 2 |
| Joined | - | 1 | 1 | - |
| Left | - | 0 | 2 | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €85,661 | €667 | €22,499 |
| Intangible fixed assets | - | €65,000 | - | - |
| Financial fixed assets | €60 | €7,503 | - | €40,000 |
| Depreciation and write-downs of the year | €8,766 | €21,560 | €29,271 | €25,228 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,000 awarded · €2,000 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,000 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €32,290 | €49,011 | €89,826 | €55,051 | ▼ 38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,513 | €9,277 | €9,497 | €8,766 | €21,560 | €29,271 | €25,228 | ▼ 13.8% |
| Other operating charges640/8 | - | - | - | €7,067 | €4,179 | €2,860 | €4,338 | ▲ 51.7% |
| Gross operating margin9900 | €53,893 | €34,283 | €42,434 | €43,061 | €94,682 | €152,647 | €130,896 | ▼ 14.2% |
| Operating profit (loss)9901 | €14,740 | -€9,507 | €5,041 | -€5,062 | €19,932 | €30,690 | €46,279 | ▲ 50.8% |
| Financial income75/76B | - | - | - | €2 | €1 | €8 | €17 | ▲ 116% |
| Recurring financial income75 | €18 | €28 | €3 | €2 | €1 | €8 | €17 | ▲ 116% |
| Financial charges65/66B | - | - | - | €965 | €13,186 | €7,401 | €17,407 | ▲ 135% |
| Recurring financial charges65 | €658 | €1,099 | €1,371 | €965 | €13,186 | €7,401 | €17,407 | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €14,100 | -€10,577 | €3,673 | -€6,025 | €6,748 | €23,297 | €28,890 | ▲ 24.0% |
| Income taxes67/77 | €4,068 | €126 | €506 | €506 | €2,784 | €6,952 | €7,917 | ▲ 13.9% |
| Profit (loss) for the period9904 | €10,032 | -€10,704 | €3,167 | -€6,531 | €3,964 | €16,345 | €20,973 | ▲ 28.3% |
| Profit (loss) for the period to be appropriated9905 | €10,032 | -€10,704 | €3,167 | -€6,531 | €3,964 | €16,345 | €20,973 | ▲ 28.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €94,471 | €122,092 | €103,895 | €118,644 | €437,576 | €447,613 | €376,911 | ▼ 15.8% |
| Formation expenses20 | - | - | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €10,912 | €39,222 | €39,944 | €31,239 | €167,842 | €139,239 | €173,210 | ▲ 24.4% |
| Intangible fixed assets21 | - | - | - | - | €56,045 | €46,759 | €37,474 | ▼ 19.9% |
| Tangible fixed assets22/27 | €8,932 | €35,742 | €36,464 | €27,698 | €100,754 | €81,436 | €87,993 | ▲ 8.1% |
| Land and buildings22 | - | - | - | €140 | €68,543 | €59,768 | €52,989 | ▼ 11.3% |
| Plant, machinery and equipment23 | - | - | - | €13,334 | €11,279 | €9,434 | €7,732 | ▼ 18.0% |
| Furniture and vehicles24 | - | - | - | €14,224 | €20,932 | €12,234 | €27,272 | ▲ 123% |
| Financial fixed assets28 | €1,980 | €3,480 | €3,480 | €3,540 | €11,043 | €11,043 | €47,743 | ▲ 332% |
| Current assets29/58 | €83,559 | €82,870 | €63,951 | €87,406 | €269,734 | €308,374 | €203,702 | ▼ 33.9% |
| Stocks and contracts in progress3 | €15,323 | €10,499 | €30,841 | €24,408 | €198,829 | €36,905 | €21,255 | ▼ 42.4% |
| Stocks30/36 | - | - | - | €24,408 | €198,829 | €36,905 | €21,255 | ▼ 42.4% |
| Amounts receivable within one year40/41 | €4,927 | €12,181 | €9,883 | €12,637 | €16,912 | €3,348 | €10,042 | ▲ 200% |
| Trade receivables40 | - | - | - | - | - | €20 | €452 | ▲ 23× |
| Other amounts receivable41 | - | - | - | €12,637 | €16,912 | €3,328 | €9,590 | ▲ 188% |
| Cash at bank and in hand54/58 | €63,250 | €59,343 | €22,821 | €49,955 | €53,584 | €115,682 | €171,919 | ▲ 48.6% |
| Deferred charges and accrued income490/1 | - | - | - | €405 | €409 | €152,440 | €486 | ▼ 99.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €94,471 | €122,092 | €103,895 | €118,644 | €437,576 | €447,613 | €376,911 | ▼ 15.8% |
| Equity10/15 | €15,866 | €5,162 | €8,329 | €1,798 | €5,762 | €22,107 | €43,080 | ▲ 94.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €26,168 | €26,168 | €26,168 | €1,308 | €1,308 | €1,308 | €1,308 | = |
| Non-distributable reserves130/1 | - | - | - | €1,308 | €1,308 | €1,308 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,308 | €1,308 | €1,308 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1,308 | - |
| Profit (loss) carried forward14 | -€30,302 | -€41,005 | -€37,838 | -€19,510 | -€15,546 | €799 | €21,772 | ▲ 27× |
| Amounts payable17/49 | €78,606 | €116,929 | €95,566 | €116,846 | €431,814 | €425,506 | €333,831 | ▼ 21.5% |
| Amounts payable after more than one year17 | - | €9,678 | €6,515 | €3,289 | €3,289 | €43,389 | €105,465 | ▲ 143% |
| Financial debts170/4 | - | - | - | €3,289 | €3,289 | €43,389 | €105,465 | ▲ 143% |
| Amounts payable within one year42/48 | €78,568 | €107,197 | €89,051 | €113,557 | €428,525 | €382,116 | €228,366 | ▼ 40.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,116 | €69,657 | €53,691 | €20,384 | ▼ 62.0% |
| Trade debts44 | €30,751 | €57,342 | €38,070 | €27,231 | €289,832 | €234,965 | €155,138 | ▼ 34.0% |
| Suppliers440/4 | - | - | - | €27,231 | €289,832 | €234,965 | €155,138 | ▼ 34.0% |
| Taxes, remuneration and social security45 | - | - | - | €25,301 | €23,404 | €46,234 | €52,844 | ▲ 14.3% |
| Taxes450/3 | - | - | - | €7,561 | €16,816 | €21,195 | €35,557 | ▲ 67.8% |
| Remuneration and social security454/9 | - | - | - | €17,740 | €6,588 | €25,040 | €17,287 | ▼ 31.0% |
| Other amounts payable47/48 | - | - | - | €50,909 | €45,632 | €47,226 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,032 | -€10,704 | €3,167 | -€6,531 | €3,964 | €16,345 | €20,973 | ▲ 28.3% |
| + Depreciation and write-downs630 | €7,513 | €9,277 | €9,497 | €8,766 | €21,560 | €29,271 | €25,228 | ▼ 13.8% |
| Operating cash flow (approximation) | €17,545 | -€1,426 | €12,665 | €2,234 | €25,524 | €45,616 | €46,201 | ▲ 1.3% |
| Investment in fixed assets (approximation) | - | -€37,587 | -€10,219 | -€60 | -€158,164 | -€667 | -€59,199 | ▼ 8,773% |
| Change in cash | - | -€3,907 | -€36,522 | €27,134 | €3,628 | €62,098 | €56,237 | ▼ 9.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,053 companies had the same profile as NASIM has now. Two years later, 1.6% had gone bankrupt and 95.9% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NASIM itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for NASIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 31-07-2025 | 2025-00353814 | |
| 31-12-2023 | abbreviated format | 23-09-2024 | 2024-00468175 | |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00483357 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20342908 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62000542 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-37800386 | |
| 31-12-2018 | micro format | 26-07-2019 | 2019-39200057 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45700348 | |
| 31-12-2016 | micro format | 24-07-2017 | 2017-36000342 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55100231 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 30-07-2024 Converted to unavailable equity
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
1 other companyConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
30-07
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Purpose change11 points ▸
- General meeting, 24-07-2024
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “kennisname verslag voorwerpwijziging, alle aandeelhouders vooraf exemplaar ontvangen en kennisgenomen” (deed in Dutch)
- Purpose change
- Capital
- Other provision, “ontslagen kwijting herbenoeming, huidige zaakvoerder(s) hier allen voormeld ontslag uit functie” (deed in Dutch)
- Registered office clause, “Melkmarkt 8, 2000 ANTWERPEN” (deed in Dutch)
- Power of attorney
- Power of attorney, Eric Gilissen
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
17 activities
- Kleinhandel in voeding in de meest brede zin
- Groothandel in motorvoertuigen
- Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
- Niet gespecialiseerde groothandel
- Import en export van allerhande artikelen
- Detailhandel in tabaksproducten
- Detailhandel in kranten en kantoorbehoeften;
- Loterijen en kansspelen;
- Activiteiten in verband met de verkoop van loterijbriefjes,het
- Afleveren en inzamelen van deelnemingsformulieren,enz.
- Detailhandel in boeken,kranten,tijdschriften en kantoorbehoeften;
- Detailhandel in brood,banketbakkerswerk en suikerwerk;
- Verkoop van kleine snacks,belegde broodjes,gebak,koekjes,frisdrank,al dan niet alcoholische drank,snoep en suikerwaren,zowel consumptie ter plaatse als om mee te nemen,al dan niet met thuisbezorging;
- Kleinhandel in geschenken;
- Detailhandel in spellen en speelgoed;
- Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren.
- Het aankopen,verkopen,beheren en verhuren van eigen roerende en onroerende goederen,alsook de huurfinanciering van eigen onroerende goederen aan derden,de renovatie van eigen onroerende goederen,het oprichten van alle gebouwen en constructies,het aanleggen en onderhouden van alle terreinen en aanhorigheden;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11002A1188/00D000 | Flanders | 342 m² | 1 · 272 m² | 27.2 m · 8 |