Nibo Building
ActiveSummary
The computed 12-month bankruptcy probability of Nibo Building is 1.5% (moderate). The 2025 annual accounts show equity of €84k and a net result of €12k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 18280 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+6
Solvency36▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 3.25 in 2024; short-term debt: 26.6% and cash: 8.3% of total assets), but 89.3% 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+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.7%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
22 d early
2024
57 d early
2023
19 d late
2022
54 d early
2021
51 d early
2020
47 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 16.0%
2024 · €73k
2020: €3k
2021: €4k
2022: €66k
2023: €68k
2024: €73k
2020 → 2025
Total assets
€787k▼ 13.7%
2024 · €911k
2020: €5k
2021: €255k
2022: €476k
2023: €773k
2024: €911k
2020 → 2025
Net result
€12k▲ 132%
2024 · €5k
2020: €-32
2021: €1k
2022: €62k
2023: €2k
2024: €5k
2020 → 2025
Working capital
€564k▼ 8.4%
2024 · €616k
2020: €3k
2021: €165k
2022: €302k
2023: €516k
2024: €616k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€66k▲ 1,541%€68k▲ 2.7%€73k▲ 7.4%€84k▲ 16.0%
Operating result€5-€84k▲ 1,860,596%€23k▼ 72.0%€32k▲ 38.7%€36k▲ 9.4%
Net result€1k-€62k▲ 5,790%€2k▼ 97.1%€5k▲ 183%€12k▲ 132%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €787k
Fixed assets
€13k ▼ 38.4%
Current assets
€773k ▼ 13.1%
Equity and liabilities €787k
Equity
€84k ▲ 16.0%
Debt
€702k ▼ 16.3%
Debt's share of the balance-sheet total falls from 92.0% to 89.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2024 · €41k
Cash flow
€21k▲
2024 · €14k
Current ratio
3.70▲
2024 · 3.25
Quick ratio
0.33▲
2024 · 0.22
Debt to equity
8.32▼
2024 · 11.53
ROE
13.8%▲
2024 · 6.9%
ROA
1.5%▲
2024 · 0.5%
Interest coverage
2.23▲
2024 · 1.58
Debt ≤ 1 year
€209k▼
2024 · €274k
Debt > 1 year
€493k▼
2024 · €558k
Income taxes
€4k▲
2024 · €2k
Staff costs
€57k▼
2024 · €78k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€911k€787k▼
Fixed assets21/28€21k€13k▼
Tangible fixed assets22/27€21k€12k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28-€750
Current assets29/58€890k€773k▼
Stocks and contracts in progress3€831k€704k▼
Stocks30/36€831k€704k▼
Amounts receivable within one year40/41€6k€950▼
Trade receivables40€2k-
Other amounts receivable41€3k€950▼
Cash at bank and in hand54/58€52k€65k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€911k€787k▼
Equity10/15€73k€84k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€70k€81k▲
Amounts payable17/49€839k€702k▼
Amounts payable after more than one year17€558k€493k▼
Financial debts170/4€558k€493k▼
Amounts payable within one year42/48€274k€209k▼
Trade debts44-€14k
Suppliers440/4-€14k
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€264k€187k▼
Accrued charges and deferred income492/3€7k-
Income statement
Code20242025
Remuneration, social security and pensions62€78k€57k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€122k€105k▼
Operating profit (loss)9901€32k€36k▲
Financial income75/76B€373€0▼
Recurring financial income75€373€0▼
Financial charges65/66B€26k€20k▼
Recurring financial charges65€26k€20k▼
Profit (loss) for the period before taxes9903€7k€16k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€5k€12k▲
Profit (loss) for the period to be appropriated9905€5k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€81k▲
Profit (loss) brought forward from the previous period14P€65k€70k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €62k ▲5790%
Operating result €84k, net result €62k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2020
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.
Eendenlaan(WIE) 212222 Heist-op-den-BergGround area
716 m²
Building footprint
159 m²
Volume, LiDAR
1,122 m³
Parcel 12039B0036/00P000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nibo Building
since 20202.307.366.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12039B0036/00P000 | Flanders | 716 m² | 1 · 159 m² | 10.6 m · 2 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.
Similar companies · same sector, comparable size
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MEDISSA
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S.B.A.
BE 0727.913.041
Kortrijk · Eq €91,460
Of 212 companies in sector 47527 we hold annual accounts for 146. 116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
47527Retail trade
43422Screed work
43910Bricklaying and masonry work
43990Other specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.