NIC'EAU

Active

Private limited companyfounded 20215 yrs activeKruiskenstraat(STL) 57, 9980 Sint-Laureins, BelgiumKBO/BCE: BE 0768.973.834

Summary

The computed 12-month bankruptcy probability of NIC'EAU is 1.9% (moderate). The 2025 annual accounts show equity of €88k and a net result of €28k. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 78% of 4522 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

NIC'EAUActiveChecked score 80/100

Risk analysis Report Compare

Checked score

Score 2025

80 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability96▲+16

Solvency93▲+16

Growth78=

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity ample (current ratio 3.06 against 2.03 in 2024; short-term debt: 25.3% and cash: 66% of total assets), and 32.1% 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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Services to buildings and landscape activities (NACE 81)

about 79% more bankruptcies

← 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

67.9%

Return on assets

21.5%

Age of the figures

9 mo

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 5 filings

Deviation from the deadline

2025

6 d late

2024

1 d early

2023

3 d early

2022

7 d early

2021

23 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 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

€88k▲ 46.4%

2024 · €60k

Total assets

€129k▲ 13.0%

2024 · €114k

Net result

€28k▲ 178%

2024 · €10k

Working capital

€67k▲ 67.2%

2024 · €40k

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result€6k-€25k▲ 283%€38k▲ 56.0%€15k▼ 60.1%€42k▲ 176%

Net result€5k-€16k▲ 259%€26k▲ 58.0%€10k▼ 61.4%€28k▲ 178%

Equity€8k-€24k▲ 216%€50k▲ 108%€60k▲ 20.1%€88k▲ 46.4%

Total assets€13k-€57k▲ 343%€109k▲ 88.8%€114k▲ 5.2%€129k▲ 13.0%

Debt€5k-€34k▲ 520%€59k▲ 75.1%€54k▼ 7.5%€41k▼ 23.9%

Working capital€3k-€18k▲ 412%€34k▲ 93.1%€40k▲ 17.7%€67k▲ 67.2%

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 2025; 2025 is 176% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €129k

22.4%

77.6%

Fixed assets €29k ▼ 16.6%

Current assets €100k ▲ 25.9%

Equity and liabilities €129k

67.9%

32.1%

Equity €88k ▲ 46.4%

Debt €41k ▼ 23.9%

Debt's share of the balance-sheet total falls from 47.6% to 32.1%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€54k▲

2024 · €27k

Cash flow

€39k▲

2024 · €21k

Current ratio

3.06▲

2024 · 2.03

Quick ratio

2.93▲

2024 · 2.03

Debt to equity

0.47▼

2024 · 0.91

ROE

31.7%▲

2024 · 16.7%

ROA

21.5%▲

2024 · 8.8%

Interest coverage

44.75▲

2024 · 16.66

Debt ≤ 1 year

€33k▼

2024 · €39k

Debt > 1 year

€9k▼

2024 · €15k

Income taxes

€14k▲

2024 · €4k

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

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines

Balance sheet Code20242025

Assets

Total assets20/58€114k€129k▲

Fixed assets21/28€35k€29k▼

Tangible fixed assets22/27€35k€29k▼

Plant, machinery and equipment23€12k€13k▲

Furniture and vehicles24€593€71▼

Leasing and similar rights25€22k€15k▼

Current assets29/58€79k€100k▲

Stocks and contracts in progress3-€4k

Stocks30/36-€4k

Amounts receivable within one year40/41€21k€11k▼

Trade receivables40€20k€11k▼

Other amounts receivable41€815-

Cash at bank and in hand54/58€58k€85k▲

Deferred charges and accrued income490/1-€27

Equity and liabilities

Total equity and liabilities10/49€114k€129k▲

Equity10/15€60k€88k▲

Contributions10/11€3k€3k=

Reserves13€57k€85k▲

Distributable reserves133€57k€85k▲

Amounts payable17/49€54k€41k▼

Amounts payable after more than one year17€15k€9k▼

Financial debts170/4€15k€9k▼

Amounts payable within one year42/48€39k€33k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€18k€2k▼

Suppliers440/4€18k€2k▼

Taxes, remuneration and social security45€5k€15k▲

Taxes450/3€5k€15k▲

Other amounts payable47/48€11k€9k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲

Other operating charges640/8€525€2k▲

Gross operating margin9900€27k€56k▲

Operating profit (loss)9901€15k€42k▲

Financial income75/76B€446€141▼

Recurring financial income75€446€141▼

Financial charges65/66B€2k€1k▼

Recurring financial charges65€2k€1k▼

Profit (loss) for the period before taxes9903€14k€41k▲

Income taxes67/77€4k€14k▲

Profit (loss) for the period9904€10k€28k▲

Profit (loss) for the period to be appropriated9905€10k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€10k€28k▲

Transfer to equity691/2€10k€28k▲

To other reserves6921€10k€28k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€2k	€3k	€9k	€11k	€12k	▲ 1.6%
Other operating charges640/8	€473	€663	€1k	€525	€2k	▲ 256%
Gross operating margin9900	€9k	€28k	€48k	€27k	€56k	▲ 105%
Operating profit (loss)9901	€6k	€25k	€38k	€15k	€42k	▲ 176%
Financial income75/76B	-	€38	€176	€446	€141	▼ 68.5%
Recurring financial income75	-	€38	€176	€446	€141	▼ 68.5%
Financial charges65/66B	€317	€392	€2k	€2k	€1k	▼ 24.9%
Recurring financial charges65	€317	€392	€2k	€2k	€1k	▼ 24.9%
Profit (loss) for the period before taxes9903	€6k	€24k	€37k	€14k	€41k	▲ 191%
Income taxes67/77	€2k	€8k	€11k	€4k	€14k	▲ 223%
Profit (loss) for the period9904	€5k	€16k	€26k	€10k	€28k	▲ 178%
Profit (loss) for the period to be appropriated9905	€5k	€16k	€26k	€10k	€28k	▲ 178%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€13k	€57k	€109k	€114k	€129k	▲ 13.0%
Fixed assets21/28	€4k	€11k	€37k	€35k	€29k	▼ 16.6%
Tangible fixed assets22/27	€4k	€11k	€37k	€35k	€29k	▼ 16.6%
Plant, machinery and equipment23	€813	€8k	€6k	€12k	€13k	▲ 13.4%
Furniture and vehicles24	€3k	€3k	€2k	€593	€71	▼ 88.0%
Leasing and similar rights25	-	-	€29k	€22k	€15k	▼ 30.7%
Current assets29/58	€9k	€46k	€72k	€79k	€100k	▲ 25.9%
Stocks and contracts in progress3	-	-	-	-	€4k	-
Stocks30/36	-	-	-	-	€4k	-
Amounts receivable within one year40/41	€6k	€23k	€25k	€21k	€11k	▼ 48.9%
Trade receivables40	€6k	€23k	€25k	€20k	€11k	▼ 46.8%
Other amounts receivable41	€495	-	-	€815	-	-
Cash at bank and in hand54/58	€2k	€24k	€47k	€58k	€85k	▲ 45.9%
Deferred charges and accrued income490/1	-	-	-	-	€27	-
Equity and liabilities
Total equity and liabilities10/49	€13k	€57k	€109k	€114k	€129k	▲ 13.0%
Equity10/15	€8k	€24k	€50k	€60k	€88k	▲ 46.4%
Contributions10/11	€3k	€3k	€3k	€3k	€3k	=
Reserves13	€5k	€21k	€47k	€57k	€85k	▲ 48.8%
Distributable reserves133	€5k	€21k	€47k	€57k	€85k	▲ 48.8%
Amounts payable17/49	€5k	€34k	€59k	€54k	€41k	▼ 23.9%
Amounts payable after more than one year17	-	€4k	€21k	€15k	€9k	▼ 42.8%
Financial debts170/4	-	€4k	€21k	€15k	€9k	▼ 42.8%
Amounts payable within one year42/48	€5k	€28k	€37k	€39k	€33k	▼ 16.6%
Current portion of amounts payable after more than one year42	-	€1k	€6k	€6k	€6k	▲ 4.6%
Trade debts44	€1k	€6k	€4k	€18k	€2k	▼ 87.2%
Suppliers440/4	€1k	€6k	€4k	€18k	€2k	▼ 87.2%
Taxes, remuneration and social security45	€2k	€13k	€19k	€5k	€15k	▲ 218%
Taxes450/3	€2k	€13k	€19k	€5k	€15k	▲ 218%
Other amounts payable47/48	€3k	€9k	€9k	€11k	€9k	▼ 14.9%
Accrued charges and deferred income492/3	-	€960	-	-	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€5k	€16k	€26k	€10k	€28k	▲ 178%
+ Depreciation and write-downs630	€2k	€3k	€9k	€11k	€12k	▲ 1.6%
Operating cash flow (approximation)	€7k	€19k	€35k	€21k	€39k	▲ 83.9%
Investment in fixed assets (approximation)	-	€-10k	€-34k	€-9k	€-6k	▲ 36.5%
Change in cash	-	€21k	€23k	€12k	€27k	▲ 130%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 6 days late

2025

31-12

Financial Highest result since 2021net €28k ▲178%

Operating result €42k, net result €28k, both a record.

30-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

24-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

08-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Laureins · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

3,133 m²

Building footprint

290 m²

Volume, LiDAR

1,063 m³

Parcel 43014C0443/00C000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

NIC'EAU

Kruiskenstraat(STL) 57, 9980 Sint-LaureinsRepair and maintenance of machinery

since 20212.317.825.292

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43014C0443/00C000	Flanders	3,133 m²	1 · 290 m²	7.3 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 234 EUR awarded · 234 EUR paid

Year	Entries	awarded	paid
2023	1	234 EUR	234 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 234 EUR · 234 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

MARTENS TUINAANLEG

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Grazie Landscaping

BE 0766.823.996

Heusden-Zolder · Eq €87,685

Of 21,222 companies in sector 81300 we hold annual accounts for 4,363. 3,629 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

Founded01-06-2021

Fiscal year end31-12

Activities, NACEBEL 2025

81300Landscape service activities

43211General electrical installation work

43221Plumbing work

47525Retail trade

Contact

Website niceau.be

E-mail info@niceau.be

Phone +32 474 36 88 24

Scores and ratios are computed by Checked and are not a credit decision.