Equity
€17,400 from €64,755 in 2021
Equity fell by 73% in 4 years.
Nibora
Lifetime
6 annual accounts with figures on one time axispeak €213,015 (2025)
€213,015▲ 6.9%
peak €150,780 (2025)
€150,780▲ 5.5%
peak €64,755 (2021)
€17,400▲ 2.5%
€252,227▲ 55.5%
Board2 names since 2019
-
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Registered office moved from Etterbeek to Waterloo 22-08Dividend €150,350Debts from €162,171 to €252,227Investments €111,596Cash from €38,009 to €25,621
Key points
from the 2025 annual accountsTurnover
≈ €700,000 estimated
The micro format states no turnover.
Debts
€252,227 94% of the balance sheet
Financial debts 14%Suppliers 0%Taxes and wages 10%Other 75%
Of this, €216,079 falls due within a year.
Investments
€113,153 7.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 94.3% higher than in 2024.
Filings
6 annual accounts 3 late
The 2021 accounts came latest: 52 days after the end of the period.
Position in the sector
€150,780
Higher net result than 95% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Nibora has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,153 companies, not a prediction for Nibora. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardDirector, last mentioned in 2019
Director, last mentioned in 2019
- 75 sharesdeed of 14-10-2019
- 25 sharesdeed of 14-10-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735925835
Registered office moved from Etterbeek to Waterloo
New registered office: Avenue des Taillis 23, 1410 Waterloo · Previous registered office: Chaussée Saint Pierre 147 bt4, 1040 Etterbeek · Board meeting of 30-07-2025 · Gazette deed
Incorporation
Founding capital of €4,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 14-10-2019 · Gazette deed
First establishment
Avenue des Taillis 23, Waterloo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Nibora Waterloo | - | - | 6.5% | - |
| RSM Chauffage Colfontaine | - | - | 34.2% | - |
| A.K.D. GROUP Brussels | €0.5m | 7.2% | 23.7% | - |
| VANDERHEYDEN B. CONSTRUCTION Plombières | - | - | 35.2% | - |
| DELTABUILD Hemiksem | €1.1m | 5.4% | 46.4% | - |
| BOUWWERKEN SPOELDERS Vorselaar | - | - | 25.6% | - |
| DAK-, GEVEL-, & RENOVATIEWERKEN MARTLÉ Maldegem | - | - | 24.5% | - |
These companies have the same main activity as Nibora: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €259,000 and €307,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 10-10-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.294.684.0621410 Waterloo, since 10-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2026
Annual accounts 2025
- €269,627▲ 50.5%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on Nibora
Nibora files the micro format. That format states no turnover. The gross margin rose from €119,267 in 2020 to €213,015 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Nibora
- What is the company number of Nibora?
- The company number of Nibora is 0735.925.835. The VAT number is the same number with BE in front: BE 0735.925.835.
- Where is Nibora based?
- The registered office is at Avenue des Taillis 23, 1410 Waterloo.Company details
- What does Nibora do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Nibora?
- Nibora is a private limited company (BV).
- When was Nibora founded?
- Nibora was founded on 10-10-2019.
- Is Nibora still active?
- Yes, Nibora is an active enterprise in the KBO register.
- What is the turnover of Nibora?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €213,015 and 97 comparable companies (NACE 41001). It probably lies between €500,000 and €1.1m.Financials
- Is Nibora profitable?
- In financial year 2025, Nibora made a profit of €150,780.
- Where can I find the annual accounts of Nibora?
- Nibora filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Nibora due?
- Nibora must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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