NIBYO
ActiveSummary
NIBYO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31,904 and a net result of -€1,590. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability32▼-19
Solvency72▼-22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.17 against 4.89 in 2023; short-term debt: 31.6% and cash: 0.8% of total assets), but 53% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
47%
Return on assets
-2.3%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
43 d late
2023
145 d late
2022
71 d late
2021
78 d late
2020
44 d late
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 81 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€31,904▼ 38.8%
2023 · €52,094
Total assets
€67,887▼ 10.7%
2023 · €75,991
Net result
-€1,590
2023 · €4,003
Working capital
€46,443▲ 162%
2023 · €17,737
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,468▲ 176%€7,583▲ 69.7%€21,040▲ 177%€3,482▼ 83.4%€3,595▲ 3.2%
Net result€4,329within the sector's middle half▲ 167%€7,111within the sector's middle half▲ 64.3%€20,327within the sector's middle half▲ 186%€4,003within the sector's middle half▼ 80.3%-€1,590below the sector's middle half
Equity€24,549below the sector's middle half▲ 21.4%€31,660within the sector's middle half▲ 29.0%€48,091within the sector's middle half▲ 51.9%€52,094within the sector's middle half▲ 8.3%€31,904within the sector's middle half▼ 38.8%
Total assets€24,549below the sector's middle half▲ 21.4%€32,411below the sector's middle half▲ 32.0%€48,091below the sector's middle half▲ 48.4%€75,991below the sector's middle half▲ 58.0%€67,887below the sector's middle half▼ 10.7%
Debt€751€23,896€35,983▲ 50.6%
Working capital€16,594within the sector's middle half€17,737within the sector's middle half€46,443within the sector's middle half▲ 162%
Solvency100.0%above the sector's middle half=97.7%above the sector's middle half▼ 2.3pp100.0%above the sector's middle half▲ 2.3pp68.6%within the sector's middle half▼ 31.4pp47.0%within the sector's middle half▼ 21.6pp
Current ratio23.10above the sector's middle half4.89above the sector's middle half3.17within the sector's middle half▼ 1.72
Return on assets (ROA)17.6%within the sector's middle half▲ 9.6pp21.9%within the sector's middle half▲ 4.3pp42.3%above the sector's middle half▲ 20.3pp5.3%within the sector's middle half▼ 37.0pp-2.3%below the sector's middle half▼ 7.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €67,887
Equity
€31,904 ▼ 38.8%
Debt
€35,983 ▲ 50.6%
Debt's share of the balance-sheet total rises from 31.4% to 53.0%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.13▲
2023 · 0.46
ROE
-5.0%▼
2023 · 7.7%
Debt ≤ 1 year
€21,444▲
2023 · €4,559
Debt > 1 year
€14,539▼
2023 · €19,338
Income taxes
€5,741▲
2023 · €709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €5,433 | - | - | - | - |
| Other operating charges640/8 | - | €356 | €360 | €440 | €1,182 | ▲ 169% |
| Gross operating margin9900 | €4,468 | €13,372 | €21,400 | €3,922 | €4,777 | ▲ 21.8% |
| Operating profit (loss)9901 | €4,468 | €7,583 | €21,040 | €3,482 | €3,595 | ▲ 3.2% |
| Financial income75/76B | - | - | - | €1,775 | €1,838 | ▲ 3.6% |
| Recurring financial income75 | - | - | - | €1,775 | €1,838 | ▲ 3.6% |
| Financial charges65/66B | - | €141 | €230 | €545 | €1,283 | ▲ 135% |
| Recurring financial charges65 | €139 | €141 | €230 | €545 | €1,283 | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €4,329 | €7,442 | €20,809 | €4,712 | €4,150 | ▼ 11.9% |
| Income taxes67/77 | - | €331 | €483 | €709 | €5,741 | ▲ 709% |
| Profit (loss) for the period9904 | €4,329 | €7,111 | €20,327 | €4,003 | -€1,590 | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | €4,329 | €7,111 | €20,327 | €4,003 | -€1,590 | ▼ 140% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,549 | €32,411 | €48,091 | €75,991 | €67,887 | ▼ 10.7% |
| Fixed assets21/28 | - | €15,067 | €36,949 | €53,695 | - | - |
| Tangible fixed assets22/27 | - | €15,067 | €36,949 | €53,695 | - | - |
| Furniture and vehicles24 | - | €15,067 | €36,949 | €53,695 | - | - |
| Current assets29/58 | €24,549 | €17,345 | €11,143 | €22,295 | €67,887 | ▲ 204% |
| Amounts receivable within one year40/41 | €6,655 | €17,100 | €10,950 | €22,230 | €67,315 | ▲ 203% |
| Trade receivables40 | - | €17,100 | €10,950 | €22,230 | €19,361 | ▼ 12.9% |
| Other amounts receivable41 | - | - | - | - | €47,954 | - |
| Cash at bank and in hand54/58 | €17,894 | €245 | €193 | €65 | €572 | ▲ 774% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,549 | €32,411 | €48,091 | €75,991 | €67,887 | ▼ 10.7% |
| Equity10/15 | €24,549 | €31,660 | €48,091 | €52,094 | €31,904 | ▼ 38.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | - | - |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | - | - |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | - | - |
| Profit (loss) carried forward14 | €5,949 | €13,060 | €29,491 | €33,494 | €31,904 | ▼ 4.7% |
| Amounts payable17/49 | - | €751 | - | €23,896 | €35,983 | ▲ 50.6% |
| Amounts payable after more than one year17 | - | - | - | €19,338 | €14,539 | ▼ 24.8% |
| Financial debts170/4 | - | - | - | €19,338 | €14,539 | ▼ 24.8% |
| Amounts payable within one year42/48 | - | €751 | - | €4,559 | €21,444 | ▲ 370% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,559 | €4,799 | ▲ 5.3% |
| Trade debts44 | - | - | - | - | €10,150 | - |
| Suppliers440/4 | - | - | - | - | €10,150 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €6,495 | - |
| Taxes450/3 | - | - | - | - | €6,495 | - |
| Other amounts payable47/48 | - | €751 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,329 | €7,111 | €20,327 | €4,003 | -€1,590 | ▼ 140% |
| + Depreciation and write-downs630 | - | €5,433 | - | - | - | - |
| Operating cash flow (approximation) | €4,329 | €12,545 | €20,327 | €4,003 | -€1,590 | ▼ 140% |
| Investment in fixed assets (approximation) | - | - | -€21,882 | -€16,747 | - | - |
| Change in cash | - | -€17,650 | -€52 | -€127 | €506 | ▲ 498% |
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
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Weakest financial yearnet -€1,590
Net result drops to -€1,590, the lowest in the series.
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 145 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2019net €20,327 ▲186%
Operating result €21,040, net result €20,327, both a record.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
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.
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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, Ganshoren · 1 establishment unit since 2018
Ground area
268 m²
Building footprint
102 m²
Volume, LiDAR
755 m³
Parcel 21008A0378/00H018, Brussels · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
NIBYO
since 20182.302.971.426
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0378/00H018 | Brussels | 268 m² | 1 · 101 m² | 12.8 m · 3 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 34,923 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
Founded23-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
55203Holiday cottages, homes and apartments
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692878423
Also
9925:BE0692878423
Registered
20-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.