NIAR UP

Active

Private limited companyfounded 20215 yrs activeAntwerpsesteenweg 362, 1000 Brussel, BelgiumKBO/BCE: BE 0772.289.551

Summary

The computed 12-month bankruptcy probability of NIAR UP is 11.3% (high). The 2025 annual accounts show negative equity (€-7k) and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 13305 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

9 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-76

Solvency0▼-24

Growth32▼-46

Track record94

Bankruptcy probability, 12 months

11.3% High

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.43 against 0.59 in 2024; short-term debt: 145.8% and cash: 20.5% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2025

Solvency, return and age of the figures

Solvency

-45.8%

Return on assets

-44.7%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-7k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

15 d early

2024

2 d early

2023

61 d late

2022

60 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-7k▼ 4,073%

2024 · €-170

2022: €-3k 2023: €-1k 2024: €-170

2022 → 2025

Total assets

€16k▼ 28.9%

2024 · €22k

2022: €14k 2023: €20k 2024: €22k

2022 → 2025

Net result

€-7k

2024 · €1k

2022: €-7k 2023: €1k 2024: €1k

2022 → 2025

Working capital

€-13k▼ 41.3%

2024 · €-9k

2022: €-5k 2023: €-6k 2024: €-9k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€-3k-€-1k▲ 43.6%€-170▲ 88.0%€-7k▼ 4,073%

Operating result€-6k-€1k€6k▲ 388%€-6k

Net result€-7k-€1k€1k▲ 13.9%€-7k

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 €6k after €6k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €16k

37.2%

62.8%

Fixed assets €6k ▼ 35.5%

Current assets €10k ▼ 24.3%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-3k▼

2024 · €8k

Cash flow

€-4k▼

2024 · €4k

Solvency

-45.8%▼

2024 · -0.8%

Current ratio

0.43▼

2024 · 0.59

Quick ratio

0.18▼

2024 · 0.40

Debt to equity

-3.18

ROA

-44.7%▼

2024 · 5.7%

Interest coverage

-16.77▼

2024 · 59.47

Debt

€23k▲

2024 · €22k

Debt ≤ 1 year

€23k▲

2024 · €22k

Income taxes

€775▼

2024 · €5k

Staff costs

€8k▼

2024 · €31k

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 · 2025 against 2024 · 38 lines

Balance sheet Code20242025

Assets

Total assets20/58€22k€16k▼

Fixed assets21/28€9k€6k▼

Tangible fixed assets22/27€9k€6k▼

Plant, machinery and equipment23€8k€5k▼

Furniture and vehicles24€997€443▼

Financial fixed assets28€78€78=

Current assets29/58€13k€10k▼

Stocks and contracts in progress3€4k€6k▲

Stocks30/36€4k€6k▲

Amounts receivable within one year40/41€3k€813▼

Trade receivables40€3k-

Other amounts receivable41€285€813▲

Cash at bank and in hand54/58€6k€3k▼

Equity and liabilities

Total equity and liabilities10/49€22k€16k▼

Equity10/15€-170€-7k▼

Contributions10/11€4k€4k=

Profit (loss) carried forward14€-4k€-11k▼

Amounts payable17/49€22k€23k▲

Amounts payable within one year42/48€22k€23k▲

Trade debts44€15k€3k▼

Suppliers440/4€15k€3k▼

Taxes, remuneration and social security45-€3k

Remuneration and social security454/9-€3k

Other amounts payable47/48€7k€17k▲

Income statement Code20242025

Remuneration, social security and pensions62€31k€8k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲

Other operating charges640/8€115€9▼

Non-recurring operating charges66A€100€2k▲

Gross operating margin9900€40k€7k▼

Operating profit (loss)9901€6k€-6k▼

Financial charges65/66B€141€168▲

Recurring financial charges65€141€168▲

Profit (loss) for the period before taxes9903€6k€-6k▼

Income taxes67/77€5k€775▼

Profit (loss) for the period9904€1k€-7k▼

Profit (loss) for the period to be appropriated9905€1k€-7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€-11k▼

Profit (loss) brought forward from the previous period14P€-5k€-4k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

16-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-7k ▼653%

Net result drops to €-7k, the lowest in the series.

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €1k ▲13.9%

Operating result €6k, net result €1k, both a record.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 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, Brussel · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Antwerpsesteenweg 3621000 Brussel

Ground area

160 m²

Building footprint

135 m²

Volume, LiDAR

2,232 m³

Parcel 21814P0430/00K023, Brussels · tallest building 18.6 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

MUNTENIA

Antwerpsesteenweg 362, 1000 BrusselCafés and bars

since 20212.320.490.517

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21814P0430/00K023	Brussels	160 m²	1 · 135 m²	18.6 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brussel2.320.490.517

1 permission

Drankgelegenheid · since 24-08-2021

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-08-2021

Fiscal year end31-12

Activities, NACEBEL 2025

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.