NICAMEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €143k and a net result of €26k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 49% of 490 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
7 d early
2023
29 d late
2022
24 d late
2021
22 d late
2020
30 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€143k▲ 22.7%
2024 · €117k
2018: €21k
2019: €40k
2020: €44k
2021: €54k
2022: €78k
2023: €94k
2024: €117k
2018 → 2025
Net result
€26k▲ 17.8%
2024 · €22k
2018: €17k
2019: €19k
2020: €11k
2021: €11k
2022: €23k
2023: €16k
2024: €22k
2018 → 2025
Total assets
€352k▼ 5.1%
2024 · €371k
2018: €369k
2019: €384k
2020: €385k
2021: €387k
2022: €434k
2023: €398k
2024: €371k
2018 → 2025
Solvency
40.7%▲ 9.2pp
2024 · 31.4%
2018: 5.7%
2019: 10.4%
2020: 11.4%
2021: 14.1%
2022: 17.9%
2023: 23.7%
2024: 31.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€78k▲ 42.9%€94k▲ 21.2%€117k▲ 23.9%€143k▲ 22.7%
Operating result€23k-€36k▲ 57.7%€30k▼ 15.3%€38k▲ 26.1%€43k▲ 12.8%
Net result€11k-€23k▲ 121%€16k▼ 29.4%€22k▲ 36.6%€26k▲ 17.8%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€337k▼ 7.8%
Current assets
€15k▲ 159%
Equity and liabilities €352k
Equity
€143k▲ 22.7%
Debt
€209k▼ 17.9%
The debt ratio falls from 68.6% to 59.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
40.7%▲
2024 · 31.4%
ROE
18.5%▼
2024 · 19.3%
ROA
7.5%▲
2024 · 6.1%
Debt
€209k▼
2024 · €255k
Debt ≤ 1 year
€113k▼
2024 · €124k
Debt > 1 year
€94k▼
2024 · €130k
Income taxes
€14k▲
2024 · €12k
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€371k€352k▼
Fixed assets21/28€365k€337k▼
Tangible fixed assets22/27€215k€187k▼
Land and buildings22€177k€165k▼
Furniture and vehicles24€39k€22k▼
Financial fixed assets28€150k€150k=
Current assets29/58€6k€15k▲
Amounts receivable within one year40/41€150€2k▲
Trade receivables40-€2k
Other amounts receivable41€150€21▼
Cash at bank and in hand54/58€4k€12k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€371k€352k▼
Equity10/15€117k€143k▲
Contributions10/11€19k€19k=
Reserves13€41k€67k▲
Distributable reserves133€41k€67k▲
Profit (loss) carried forward14€57k€57k=
Amounts payable17/49€255k€209k▼
Amounts payable after more than one year17€130k€94k▼
Financial debts170/4€130k€94k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€124k€113k▼
Current portion of amounts payable after more than one year42€43k€36k▼
Financial debts43€10k€10k=
Other loans439€10k€10k=
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€6k€11k▲
Taxes450/3€6k€11k▲
Other amounts payable47/48€64k€54k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€68k€74k▲
Operating profit (loss)9901€38k€43k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€35k€41k▲
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€22k€26k▲
Profit (loss) for the period to be appropriated9905€22k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€84k▲
Profit (loss) brought forward from the previous period14P€57k€57k=
Transfer to equity691/2€22k€26k▲
To other reserves6921€22k€26k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €26k ▲17.8%
Operating result €43k, net result €26k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €100kEq €117k ▲23.9%
7 profitable years in a row build equity to €117k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼4.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Les Bons Villers · 1 establishment unit since 2007
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.
Rue du By(MEL) 396211 Les Bons VillersGround area
2,178 m²
Building footprint
257 m²
Volume, LiDAR
1,753 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nicamex
since 20072.158.126.274
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52068B0571/00L003 | Wallonia | 1,325 m² | 1 · 106 m² | 8.1 m · 2 fl. |
| 52046B0378/00P000 | Wallonia | 853 m² | 1 · 151 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 853 companies in sector 66210 we hold annual accounts for 511. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2006
Fiscal year end31-12
Activities, NACEBEL
66210Risk and damage evaluation
67202
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.