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Nic Design

Active
Private limited companyfounded 20206 yrs activeElbampdstraat 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0748.479.615
Summary

Nic Design has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,588) and a net result of -€18,711. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 3375 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
Nic DesignActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Growing of cereals (except rice), leguminous crops and oil seeds
NACE 01110
1 site
Size
€479,378total assets 2025
Equity
-€18,588
Loss
-€18,711
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts 15 d early0 of 2 deeds read
Why 53Capped at 59: negative equity- 2 of the last 3 late- Negative equity -€18,588+ Size: total assets €479,378+ Sector Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 21-4
equity -3.9% of total assets
Liquidity 24+1
short-term debt 53.0% · cash 1.0%
Profitability 64-5
return on assets -3.9%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,649 companies)
Last 18 months 05-2025: 0.4% 06-2025: 0.5%▲ +12.8% vs 05-2025 07-2025: 0.5%▼ -1.7% vs 06-2025 08-2025: 0.7%▲ +57.0% vs 07-2025 09-2025: 1.0%▲ +31.7% vs 08-2025highest value 10-2025: 0.4%▼ -62.7% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▼ -0.3% vs 12-2025 02-2026: 0.4%▼ -0.6% vs 01-2026 03-2026: 0.4%▼ -1.1% vs 02-2026lowest value 04-2026: 0.4%▲ +1.4% vs 03-2026 05-2026: 0.4%▲ +9.2% vs 04-2026 06-2026: 0.4%▲ +8.2% vs 05-2026 07-2026: 0.4%▲ +0.5% vs 06-2026 08-2026: 0.6%▲ +50.4% vs 07-2026 09-2026: 0.7%▲ +4.9% vs 08-2026 10-2026: 0.7%▲ +1.9% vs 09-2026
  • Size: total assets €479,378 lowers the probability for this profile
  • Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
  • 2 of the last 3 late raises the probability
  • Negative equity -€18,588 raises the probability
No credit on open account
Liquidity short (current ratio 0.46 against 0.69 in 2024; short-term debt: 53% and cash: 1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, micro). Better than this share of them on solvency 14%, liquidity 19%, profitability 33%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €479,378
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€18,588
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€18,588
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
15 d early
2024
32 d late
2023
36 d late
2022
53 d late
2021
17 d early
2020
31 d early
← 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 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

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. Usually files around 1 September (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€18,711
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€18,588 View
  • Caution: Among the weakest 14% on equitysector median €86,217 · 3,376 companies -€18,588 View
  • Total assets 20256 fiscal years filed €479,378 View

By topic

Financials

Fiscal year
2025
Total assets
€479,378
Loss
-€18,711
Solvency
-3.9%
Total assets▼ 29.6%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 01-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of cereals (except rice), leguminous crops and…NACE 01110
Founded
11-06-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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