NIBRA

Active

Private limited companyfounded 201313 yrs activeBondgenotenlaan 114, 3000 Leuven, BelgiumKBO/BCE: BE 0536.962.603

NIBRA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €75k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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Checked score

Score 2025

40 / 100

Weak▼ -11 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency10▼-6

Growth78=

Stability100

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity short (current ratio 0.58 against 0.6 in 2024), and 87.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

12.9%

Return on assets

12%

Age of the figures

12 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 d early

2024

68 d early

2023

27 d early

2022

33 d early

2021

39 d early

2020

2 d early

2019

35 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today30-09-2026 close30-04-2027 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

€80k▼ 28.4%

2024 · €112k

2018: €-98k 2019: €-77k 2020: €-49k 2021: €37k 2022: €82k 2023: €90k 2024: €112k

2018 → 2025

Total assets

€625k▲ 10.9%

2024 · €563k

2018: €162k 2019: €278k 2020: €244k 2021: €297k 2022: €303k 2023: €585k 2024: €563k

2018 → 2025

Net result

€75k▼ 16.3%

2024 · €90k

2018: €-130k 2019: €8k 2020: €28k 2021: €85k 2022: €46k 2023: €32k 2024: €90k

2018 → 2025

Working capital

€-154k▼ 50.8%

2024 · €-102k

2018: €-114k 2019: €-171k 2020: €-133k 2021: €-65k 2022: €-69k 2023: €-102k 2024: €-102k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€37k-€82k▲ 125%€90k▲ 10.0%€112k▲ 24.2%€80k▼ 28.4%

Operating result€90k-€54k▼ 40.8%€55k▲ 2.7%€138k▲ 151%€121k▼ 11.8%

Net result€85k-€46k▼ 46.7%€32k▼ 29.2%€90k▲ 179%€75k▼ 16.3%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 12% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €625k

66.2%

33.8%

Fixed assets €413k▲ 1.2%

Current assets €211k▲ 36.7%

Equity and liabilities €625k

12.9%

87.1%

Equity €80k▼ 28.4%

Debt €544k▲ 20.7%

The debt ratio rises from 80.1% to 87.1%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€188k▼

2024 · €193k

Cash flow

€142k▼

2024 · €145k

Solvency

12.9%▼

2024 · 19.9%

Current ratio

0.58▼

2024 · 0.60

Quick ratio

0.39▲

2024 · 0.38

Debt / equity

6.77▲

2024 · 4.02

ROE

93.6%▲

2024 · 80.1%

ROA

12.0%▼

2024 · 16.0%

Interest coverage

6.68▼

2024 · 7.95

Debt

€544k▲

2024 · €451k

Debt ≤ 1 year

€365k▲

2024 · €256k

Debt > 1 year

€180k▼

2024 · €195k

Income taxes

€19k▼

2024 · €24k

Staff costs

€315k▲

2024 · €238k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€563k€625k▲

Fixed assets21/28€409k€413k▲

Intangible fixed assets21€299k€262k▼

Tangible fixed assets22/27€101k€145k▲

Plant, machinery and equipment23€24k€27k▲

Furniture and vehicles24€31k€74k▲

Leasing and similar rights25€2k€745▼

Other tangible fixed assets26€45k€43k▼

Financial fixed assets28€8k€7k▼

Current assets29/58€155k€211k▲

Stocks and contracts in progress3€58k€68k▲

Stocks30/36€58k€68k▲

Amounts receivable within one year40/41€46k€97k▲

Trade receivables40€5k€6k▲

Other amounts receivable41€41k€91k▲

Cash at bank and in hand54/58€43k€41k▼

Deferred charges and accrued income490/1€8k€6k▼

Equity and liabilities

Total equity and liabilities10/49€563k€625k▲

Equity10/15€112k€80k▼

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€92k€60k▼

Amounts payable17/49€451k€544k▲

Amounts payable after more than one year17€195k€180k▼

Financial debts170/4€195k€180k▼

Amounts payable within one year42/48€256k€365k▲

Current portion of amounts payable after more than one year42€71k€114k▲

Financial debts43€0-

Other loans439€0-

Trade debts44€32k€54k▲

Suppliers440/4€32k€54k▲

Advances received on contracts in progress46-€1k

Taxes, remuneration and social security45€50k€59k▲

Taxes450/3€17k€20k▲

Remuneration and social security454/9€33k€39k▲

Other amounts payable47/48€103k€137k▲

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Non-recurring operating income76A€110€140▲

Remuneration, social security and pensions62€238k€315k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€66k▲

Other operating charges640/8€5k€14k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€436k€517k▲

Operating profit (loss)9901€138k€121k▼

Financial income75/76B€318€615▲

Recurring financial income75€318€615▲

Financial charges65/66B€24k€28k▲

Recurring financial charges65€24k€28k▲

Profit (loss) for the period before taxes9903€114k€94k▼

Income taxes67/77€24k€19k▼

Profit (loss) for the period9904€90k€75k▼

Profit (loss) for the period to be appropriated9905€90k€75k▼

Appropriation of the result

Profit (loss) to be appropriated9906€160k€167k▲

Profit (loss) brought forward from the previous period14P€70k€92k▲

Transfer from equity791/2€0-

Profit to be distributed694/7€68k€107k▲

Return on contributions (dividend)694€60k€100k▲

Directors or managers695€8k€7k▼

The notes to these accounts (18 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 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

31-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

21-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Highest result since 2018net €90k ▲179%

Operating result €138k, net result €90k, both a record.

30-09

Financial Equity above €100kEq €112k ▲24.2%

6 profitable years in a row build equity to €112k.

03-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

22-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

28-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

26-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

30-09

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

29-03

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

07-02

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

14-02

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.

Directors · office · real estate

Directors

5 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, Leuven · 1 establishment unit since 2013

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.

Bondgenotenlaan 1143000 Leuven

Ground area

451 m²

Building footprint

175 m²

Volume, LiDAR

1,931 m³

Parcel 24502B0141/00A007, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

ESSENCIEL

Bondgenotenlaan 114, 3000 LeuvenFull-service restaurants

since 20132.221.022.460

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24502B0141/00A007 ProtectedMonument · Townscape or village viewArchitectenwoning Bosmans met stadstuinSource ↗	Flanders	451 m²	1 · 175 m²	18.4 m · 5 fl.