NICHOLSHOLM
ActiveThe computed 12-month bankruptcy probability of NICHOLSHOLM is 2.6% (moderate). The annual accounts of NICHOLSHOLM for fiscal year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €27k and a net result of €-48k. Equity is shrinking by ~32% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 14% of 7431 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-6
Solvency29▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.11 in 2024; short-term debt: 95.8% and cash: 0% of total assets), and 95.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-7.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-48k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 5 filingsDeviation from the deadline
2025
2 d late
2024
4 d late
2023
on the day
2022
on the day
2021
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 64.1%
2024 · €75k
2021: €148k
2022: €100k
2023: €78k
2024: €75k
2021 → 2025
Total assets
€637k▼ 3.0%
2024 · €657k
2021: €317k
2022: €580k
2023: €651k
2024: €657k
2021 → 2025
Net result
€-48k▼ 1,378%
2024 · €-3k
2021: €7k
2022: €-48k
2023: €-22k
2024: €-3k
2021 → 2025
Working capital
€15k▼ 76.1%
2024 · €63k
2021: €130k
2022: €85k
2023: €65k
2024: €63k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€100k▼ 32.5%€78k▼ 21.7%€75k▼ 4.2%€27k▼ 64.1%
Operating result€20k-€-40k€-7k▲ 82.5%€15k€-19k
Net result€7k-€-48k€-22k▲ 55.0%€-3k▲ 85.0%€-48k▼ 1,378%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €637k
Fixed assets
€12k=
Current assets
€625k▼ 3.1%
Equity and liabilities €637k
Equity
€27k▼ 64.1%
Debt
€610k▲ 4.8%
The debt ratio rises from 88.6% to 95.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
4.2%▼
2024 · 11.4%
Current ratio
1.02▼
2024 · 1.11
Quick ratio
0.10▼
2024 · 0.14
Debt / equity
22.64▲
2024 · 7.76
ROE
-178.5%▼
2024 · -4.3%
ROA
-7.6%▼
2024 · -0.5%
Debt
€610k▲
2024 · €582k
Debt ≤ 1 year
€610k▲
2024 · €582k
Income taxes
€269▼
2024 · €297
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€657k€637k▼
Fixed assets21/28€12k€12k=
Financial fixed assets28€12k€12k=
Current assets29/58€645k€625k▼
Stocks and contracts in progress3€565k€565k=
Stocks30/36€565k€565k=
Amounts receivable within one year40/41€64k€60k▼
Trade receivables40€34k€43k▲
Other amounts receivable41€30k€17k▼
Cash at bank and in hand54/58-€19
Deferred charges and accrued income490/1€17k-
Equity and liabilities
Total equity and liabilities10/49€657k€637k▼
Equity10/15€75k€27k▼
Contributions10/11€141k€141k=
Profit (loss) carried forward14€-66k€-114k▼
Amounts payable17/49€582k€610k▲
Amounts payable within one year42/48€582k€610k▲
Financial debts43€458k€465k▲
Credit institutions430/8€458k€465k▲
Trade debts44€57k€53k▼
Suppliers440/4€57k€53k▼
Taxes, remuneration and social security45€2k€269▼
Taxes450/3€2k€269▼
Other amounts payable47/48€65k€92k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€990€11k▲
Gross operating margin9900€17k€-8k▼
Operating profit (loss)9901€15k€-19k▼
Financial income75/76B€257-
Recurring financial income75€257-
Financial charges65/66B€18k€29k▲
Recurring financial charges65€18k€29k▲
Profit (loss) for the period before taxes9903€-3k€-48k▼
Income taxes67/77€297€269▼
Profit (loss) for the period9904€-3k€-48k▼
Profit (loss) for the period to be appropriated9905€-3k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-114k▼
Profit (loss) brought forward from the previous period14P€-63k€-66k▼
The notes to these accounts (4 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-48k ▼792%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2020
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.
Clos des Roseaux 61341 Ottignies-Louvain-la-NeuveGround area
546 m²
Building footprint
105 m²
Volume, LiDAR
644 m³
Parcel 25016A0192/00S002, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Clos des Roseaux 6, 1341 Ottignies-Louvain-la-Neuve
since 20202.307.500.732
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016A0192/00S002 | Wallonia | 546 m² | 1 · 105 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2020
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.