NICE
InactiveNICE was declared bankrupt on 11-05-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian State Gazette on 16-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-06-2022, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
51 d early
2020
30 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 48 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€43,553▲ 21.3%
2020 · €35,894
Total assets
€68,561▲ 66.9%
2020 · €41,080
Net result
€23,659▲ 563%
2020 · €3,568
Working capital
€37,987▲ 33.6%
2020 · €28,435
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€41,132-€28,489▼ 30.7%-€197€23,265
Net result€35,861-€24,528▼ 31.6%€3,568▼ 85.5%€23,659▲ 563%
Equity€33,798-€36,326▲ 7.5%€35,894▼ 1.2%€43,553▲ 21.3%
Total assets€71,610-€71,946▲ 0.5%€41,080▼ 42.9%€68,561▲ 66.9%
Debt€37,812-€35,620▼ 5.8%€5,185▼ 85.4%€25,007▲ 382%
Working capital€34,548-€37,076▲ 7.3%€28,435▼ 23.3%€37,987▲ 33.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €23,265 after a loss of €197 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €68,561
Fixed assets
€5,567 ▼ 25.4%
Current assets
€62,994 ▲ 87.4%
Equity and liabilities €68,561
Equity
€43,553 ▲ 21.3%
Debt
€25,007 ▲ 382%
Debt's share of the balance-sheet total rises from 12.6% to 36.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26,005▲
2020 · -€156
Cash flow
€26,399▲
2020 · €3,609
Current ratio
2.52▼
2020 · 6.48
Debt to equity
0.57
ROE
54.3%▲
2020 · 9.9%
ROA
34.5%▲
2020 · 8.7%
Interest coverage
46.01
Debt ≤ 1 year
€25,007▲
2020 · €5,185
Income taxes
€1,697▲
2020 · €85
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €41 | €2,740 | ▲ 6,587% |
| Other operating charges640/8 | - | - | - | €1,475 | - |
| Gross operating margin9900 | €45,071 | €28,863 | €661 | €27,481 | ▲ 4,059% |
| Operating profit (loss)9901 | €41,132 | €28,489 | -€197 | €23,265 | ▲ 11,895% |
| Financial income75/76B | - | - | - | €2,656 | - |
| Recurring financial income75 | €0 | - | €4,484 | €2,656 | ▼ 40.8% |
| Financial charges65/66B | - | - | - | €565 | - |
| Recurring financial charges65 | €1,271 | €2,924 | €633 | €565 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €39,861 | €25,566 | €3,654 | €25,356 | ▲ 594% |
| Income taxes67/77 | €4,000 | €1,038 | €85 | €1,697 | ▲ 1,886% |
| Profit (loss) for the period9904 | €35,861 | €24,528 | €3,568 | €23,659 | ▲ 563% |
| Profit (loss) for the period to be appropriated9905 | €35,861 | €24,528 | €3,568 | €23,659 | ▲ 563% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €71,610 | €71,946 | €41,080 | €68,561 | ▲ 66.9% |
| Fixed assets21/28 | - | - | €7,459 | €5,567 | ▼ 25.4% |
| Tangible fixed assets22/27 | - | - | €7,459 | €5,567 | ▼ 25.4% |
| Furniture and vehicles24 | - | - | - | €5,567 | - |
| Current assets29/58 | €71,610 | €71,946 | €33,621 | €62,994 | ▲ 87.4% |
| Amounts receivable within one year40/41 | €68,804 | €61,967 | €32,759 | €58,242 | ▲ 77.8% |
| Trade receivables40 | - | - | - | €6,098 | - |
| Other amounts receivable41 | - | - | - | €52,143 | - |
| Cash at bank and in hand54/58 | €2,805 | €9,979 | €861 | €4,752 | ▲ 452% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €71,610 | €71,946 | €41,080 | €68,561 | ▲ 66.9% |
| Equity10/15 | €33,798 | €36,326 | €35,894 | €43,553 | ▲ 21.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | - | €2,500 | €2,500 | €10,100 | ▲ 304% |
| Distributable reserves133 | - | - | - | €10,100 | - |
| Profit (loss) carried forward14 | €15,198 | €15,226 | €14,794 | €14,853 | ▲ 0.4% |
| Amounts payable17/49 | €37,812 | €35,620 | €5,185 | €25,007 | ▲ 382% |
| Amounts payable within one year42/48 | €37,062 | €34,870 | €5,185 | €25,007 | ▲ 382% |
| Trade debts44 | €448 | €3,169 | - | €1,630 | - |
| Suppliers440/4 | - | - | - | €1,630 | - |
| Taxes, remuneration and social security45 | - | - | - | €7,378 | - |
| Taxes450/3 | - | - | - | €7,378 | - |
| Other amounts payable47/48 | - | - | - | €16,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,861 | €24,528 | €3,568 | €23,659 | ▲ 563% |
| + Depreciation and write-downs630 | - | - | €41 | €2,740 | ▲ 6,587% |
| Operating cash flow (approximation) | €35,861 | €24,528 | €3,609 | €26,399 | ▲ 631% |
| Investment in fixed assets (approximation) | - | - | - | -€848 | - |
| Change in cash | - | €7,173 | -€9,117 | €3,891 | ▲ 143% |
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
16-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-06-2025
2023
17-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 11-05-2023
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €3,568 ▼85.5%
Net result drops to €3,568, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.48
Current ratio from 2.06 to 6.48; short-term debt falls from €34,870 to €5,185.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN BERGMANS EIKENSTRAAT 80, 2840 RUMST- |
11-05-2023 → 10-06-2025 |