NASIMO
ActiveSummary
NASIMO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €621k and a net result of €94k. Equity is growing by ~2.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability73▲+53
Solvency67▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.41 in 2025; short-term debt: 56.7% and cash: 18.9% of total assets), but 57.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
42.3%
Return on assets
6.4%
Age of the figures
6 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
40 d early
2025
on the day
2023
1 d early
2022
14 d early
2021
9 d early
2020
on the day
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€621k▲ 17.8%
2025 · €528k
2018: €484klowest value
2019: €513k▲ +5.9% vs 2018
2020: €569k▲ +10.8% vs 2019
2021: €576k▲ +1.3% vs 2020
2022: €591k▲ +2.6% vs 2021
2023: €634k▲ +7.3% vs 2022highest value
2025: €528k
2026: €621k▲ +17.8% vs 2025
2018 → 2026
Total assets
€1.47M▼ 5.3%
2025 · €1.55M
2018: €1.43Mlowest value
2019: €1.49M▲ +4.2% vs 2018
2020: €1.53M▲ +2.4% vs 2019
2021: €1.58M▲ +3.5% vs 2020
2022: €1.67M▲ +5.6% vs 2021highest value
2023: €1.65M▼ -1.1% vs 2022
2025: €1.55M
2026: €1.47M▼ -5.3% vs 2025
2018 → 2026
Net result
€94k
2025 · €-107k
2018: €83k
2019: €29k▼ -65.6% vs 2018
2020: €56k▲ +94.7% vs 2019
2021: €7k▼ -87.1% vs 2020
2022: €15k▲ +109% vs 2021
2023: €43k▲ +189% vs 2022
2025: €-107klowest value
2026: €94k▲ +188% vs 2025highest value
2018 → 2026
Working capital
€446k▲ 21.8%
2025 · €366k
2018: €275klowest value
2019: €351k▲ +27.7% vs 2018
2020: €392k▲ +11.7% vs 2019
2021: €382k▼ -2.6% vs 2020
2022: €360k▼ -5.7% vs 2021
2023: €403k▲ +11.9% vs 2022
2025: €366k
2026: €446k▲ +21.8% vs 2025highest value
2018 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320252026Trend
Equity€576k-€591k▲ 2.6%€634k▲ 7.3%€528k▼ 16.8%€621k▲ 17.8%
2021: €576k
2022: €591k▲ +2.6% vs 2021
2023: €634k▲ +7.3% vs 2022highest value
2025: €528klowest value
2026: €621k▲ +17.8% vs 2025
Operating result€59k-€60k▲ 1.0%€138k▲ 130%€6k▼ 95.7%€132k▲ 2,115%
2021: €59k
2022: €60k▲ +1.0% vs 2021
2023: €138k▲ +130% vs 2022highest value
2025: €6klowest value
2026: €132k▲ +2115% vs 2025
Net result€7k-€15k▲ 109%€43k▲ 189%€-107k€94k
2021: €7k
2022: €15k▲ +109% vs 2021
2023: €43k▲ +189% vs 2022
2025: €-107klowest value
2026: €94k▲ +188% vs 2025highest value
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2026; 2026 is 2,115% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.47M
Fixed assets
€190k ▼ 33.7%
Current assets
€1.28M ▲ 1.1%
Equity and liabilities €1.47M
Equity
€621k ▲ 17.8%
Debt
€847k ▼ 17.2%
Debt's share of the balance-sheet total falls from 66.0% to 57.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231k▲
2025 · €143k
Cash flow
€192k▲
2025 · €30k
Current ratio
1.54▲
2025 · 1.41
Quick ratio
1.15▲
2025 · 1.02
Debt to equity
1.36▼
2025 · 1.94
ROE
15.1%▲
2025 · -20.2%
ROA
6.4%▲
2025 · -6.9%
Interest coverage
5.55▲
2025 · 1.18
Debt ≤ 1 year
€832k▼
2025 · €898k
Debt > 1 year
€14k▼
2025 · €62k
Income taxes
€582▲
2025 · €0
Staff costs
€259k▼
2025 · €321k
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 · 2026 against 2025 · 58 lines
Balance sheet
Code20252026
Assets
Total assets20/58€1.55M€1.47M▼
Fixed assets21/28€286k€190k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€284k€188k▼
Land and buildings22€50k€38k▼
Plant, machinery and equipment23€122k€68k▼
Furniture and vehicles24€11k€4k▼
Leasing and similar rights25€101k€77k▼
Financial fixed assets28€2k€1k▼
Current assets29/58€1.26M€1.28M▲
Stocks and contracts in progress3€347k€322k▼
Stocks30/36€311k€297k▼
Contracts in progress37€36k€25k▼
Amounts receivable within one year40/41€714k€668k▼
Trade receivables40€550k€585k▲
Other amounts receivable41€165k€83k▼
Cash at bank and in hand54/58€187k€278k▲
Deferred charges and accrued income490/1€16k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.47M▼
Equity10/15€528k€621k▲
Contributions10/11€19k€19k=
Reserves13€616k€603k▼
Tax-exempt reserves132€37k€37k=
Distributable reserves133€579k€566k▼
Profit (loss) carried forward14€-107k-
Amounts payable17/49€1.02M€847k▼
Amounts payable after more than one year17€62k€14k▼
Financial debts170/4€62k€14k▼
Amounts payable within one year42/48€898k€832k▼
Current portion of amounts payable after more than one year42€79k€48k▼
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€129k€48k▼
Suppliers440/4€129k€48k▼
Taxes, remuneration and social security45€20k€33k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€11k€23k▲
Other amounts payable47/48€670k€703k▲
Accrued charges and deferred income492/3€63k€354▼
Income statement
Code20252026
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€321k€259k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€137k€98k▼
Other operating charges640/8€17k€21k▲
Non-recurring operating charges66A-€885
Gross operating margin9900€481k€512k▲
Operating profit (loss)9901€6k€132k▲
Financial income75/76B€8k€4k▼
Recurring financial income75€8k€4k▼
Financial charges65/66B€121k€42k▼
Recurring financial charges65€121k€42k▼
Profit (loss) for the period before taxes9903€-107k€94k▲
Income taxes67/77€0€582▲
Profit (loss) for the period9904€-107k€94k▲
Profit (loss) for the period to be appropriated9905€-107k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-13k▲
Profit (loss) brought forward from the previous period14P-€-107k
Transfer from equity791/2-€13k
Social balance
Average headcount (FTE)90874.64.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1k | - | - |
| Remuneration, social security and pensions62 | €212k | €232k | €261k | €321k | €259k | ▼ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €152k | €133k | €100k | €137k | €98k | ▼ 27.9% |
| Other operating charges640/8 | €14k | €13k | €17k | €17k | €21k | ▲ 23.7% |
| Non-recurring operating charges66A | - | - | - | - | €885 | - |
| Gross operating margin9900 | €438k | €439k | €515k | €481k | €512k | ▲ 6.4% |
| Operating profit (loss)9901 | €59k | €60k | €138k | €6k | €132k | ▲ 2,115% |
| Financial income75/76B | €11k | €11k | €7k | €8k | €4k | ▼ 55.8% |
| Recurring financial income75 | €11k | €11k | €7k | €8k | €4k | ▼ 55.8% |
| Financial charges65/66B | €63k | €55k | €79k | €121k | €42k | ▼ 65.5% |
| Recurring financial charges65 | €63k | €55k | €79k | €121k | €42k | ▼ 65.5% |
| Profit (loss) for the period before taxes9903 | €8k | €17k | €66k | €-107k | €94k | ▲ 189% |
| Income taxes67/77 | €762 | €2k | €23k | €0 | €582 | - |
| Profit (loss) for the period9904 | €7k | €15k | €43k | €-107k | €94k | ▲ 188% |
| Profit (loss) for the period to be appropriated9905 | €7k | €15k | €43k | €-107k | €94k | ▲ 188% |
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.58M | €1.67M | €1.65M | €1.55M | €1.47M | ▼ 5.3% |
| Fixed assets21/28 | €368k | €425k | €407k | €286k | €190k | ▼ 33.7% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €367k | €423k | €406k | €284k | €188k | ▼ 33.8% |
| Land and buildings22 | €110k | €99k | €68k | €50k | €38k | ▼ 23.5% |
| Plant, machinery and equipment23 | €137k | €226k | €191k | €122k | €68k | ▼ 43.9% |
| Furniture and vehicles24 | €19k | €9k | €14k | €11k | €4k | ▼ 61.8% |
| Leasing and similar rights25 | €100k | €89k | €132k | €101k | €77k | ▼ 23.7% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €1k | ▼ 4.5% |
| Current assets29/58 | €1.21M | €1.25M | €1.24M | €1.26M | €1.28M | ▲ 1.1% |
| Stocks and contracts in progress3 | €353k | €434k | €351k | €347k | €322k | ▼ 7.2% |
| Stocks30/36 | €290k | €399k | €323k | €311k | €297k | ▼ 4.5% |
| Contracts in progress37 | €63k | €35k | €28k | €36k | €25k | ▼ 30.3% |
| Amounts receivable within one year40/41 | €689k | €704k | €785k | €714k | €668k | ▼ 6.4% |
| Trade receivables40 | €562k | €578k | €547k | €550k | €585k | ▲ 6.5% |
| Other amounts receivable41 | €127k | €126k | €238k | €165k | €83k | ▼ 49.8% |
| Cash at bank and in hand54/58 | €171k | €108k | €104k | €187k | €278k | ▲ 48.3% |
| Deferred charges and accrued income490/1 | - | - | €4k | €16k | €10k | ▼ 34.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.58M | €1.67M | €1.65M | €1.55M | €1.47M | ▼ 5.3% |
| Equity10/15 | €576k | €591k | €634k | €528k | €621k | ▲ 17.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €557k | €572k | €616k | €616k | €603k | ▼ 2.1% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €37k | €37k | €37k | €37k | €37k | = |
| Distributable reserves133 | €519k | €534k | €577k | €579k | €566k | ▼ 2.2% |
| Profit (loss) carried forward14 | - | - | - | €-107k | - | - |
| Amounts payable17/49 | €1.01M | €1.08M | €1.02M | €1.02M | €847k | ▼ 17.2% |
| Amounts payable after more than one year17 | €174k | €194k | €140k | €62k | €14k | ▼ 77.4% |
| Financial debts170/4 | €174k | €194k | €140k | €62k | €14k | ▼ 77.4% |
| Amounts payable within one year42/48 | €831k | €885k | €841k | €898k | €832k | ▼ 7.3% |
| Current portion of amounts payable after more than one year42 | €120k | €103k | €108k | €79k | €48k | ▼ 39.2% |
| Financial debts43 | - | €83k | - | €1k | - | - |
| Credit institutions430/8 | - | €83k | - | €1k | - | - |
| Trade debts44 | €137k | €80k | €86k | €129k | €48k | ▼ 62.4% |
| Suppliers440/4 | €137k | €80k | €86k | €129k | €48k | ▼ 62.4% |
| Advances received on contracts in progress46 | - | - | €583 | - | - | - |
| Taxes, remuneration and social security45 | €39k | €17k | €58k | €20k | €33k | ▲ 70.2% |
| Taxes450/3 | €23k | €2k | €32k | €9k | €11k | ▲ 18.4% |
| Remuneration and social security454/9 | €16k | €16k | €26k | €11k | €23k | ▲ 114% |
| Other amounts payable47/48 | €536k | €602k | €589k | €670k | €703k | ▲ 4.9% |
| Accrued charges and deferred income492/3 | - | - | €36k | €63k | €354 | ▼ 99.4% |
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €15k | €43k | €-107k | €94k | ▲ 188% |
| + Depreciation and write-downs630 | €152k | €133k | €100k | €137k | €98k | ▼ 27.9% |
| Operating cash flow (approximation) | €159k | €148k | €143k | €30k | €192k | ▲ 539% |
| Investment in fixed assets (approximation) | - | €-190k | €-83k | - | €-2k | - |
| Change in cash | - | €-63k | €-4k | - | €90k | - |
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 2027, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Back to profitnet €94k
Net result €94k after one loss-making year.
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-107k
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Equity above €500kEq €513k ▲5.9%
2 profitable years in a row build equity to €513k.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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 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, Ingelmunster · 1 establishment unit since 1987
Ground area
3,415 m²
Building footprint
2,395 m²
Volume, LiDAR
15,157 m³
Parcel 36007B0436/00W000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA NASIMO
since 19872.029.428.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0436/00W000 | Flanders | 3,415 m² | 1 · 2,395 m² | 7.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 618 EUR awarded · 618 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 618 EUR | 618 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Etablissements COGNAUX
BE 0416.626.183
Bièvre · Eq €618,374
BRUMAR
BE 0450.598.553
Beerse · Eq €625,615
NATUURSTEEN BREE
BE 0679.722.748
Bree · Eq €632,715
Broux-Kiggen
BE 0401.285.931
Bree · Eq €633,499
OTTEN NATUURSTEEN
BE 0451.536.285
Sint-Truiden · Eq €634,488
Of 738 companies in sector 23700 we hold annual accounts for 490. 383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-1987
Fiscal year end31-03
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
Scores and ratios are computed by Checked and are not a credit decision.