NICK WOSTYN
ActiveNICK WOSTYN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €38k. Equity is growing by ~53% per year across the filed fiscal years. Its solvency ranks better than 71% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▼-1
Solvency83▼-5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.77 against 2.62 in 2024; short-term debt: 25.5% and cash: 8.9% of total assets), and 42% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58%
Return on assets
24.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
2 d early
2022
5 d early
← 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 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 41.2%
2024 · €64k
2022: €12k
2023: €35k
2024: €64k
2022 → 2025
Total assets
€156k▲ 54.5%
2024 · €101k
2022: €27k
2023: €78k
2024: €101k
2022 → 2025
Net result
€38k▲ 29.3%
2024 · €30k
2022: €9k
2023: €25k
2024: €30k
2022 → 2025
Working capital
€-9k
2024 · €35k
2022: €11k
2023: €13k
2024: €35k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€12k-€35k▲ 206%€64k▲ 80.9%€91k▲ 41.2%
Operating result€13k-€35k▲ 178%€41k▲ 18.8%€55k▲ 32.5%
Net result€9k-€25k▲ 172%€30k▲ 19.6%€38k▲ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€126k▲ 180%
Current assets
€31k▼ 45.7%
Equity and liabilities €156k
Equity
€91k▲ 41.2%
Debt
€66k▲ 77.5%
The debt ratio rises from 36.5% to 42.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▲
2024 · €42k
Cash flow
€38k▲
2024 · €30k
Solvency
58.0%▼
2024 · 63.5%
Current ratio
0.77▼
2024 · 2.62
Quick ratio
0.77▼
2024 · 2.62
Debt / equity
0.72▲
2024 · 0.58
ROE
42.2%▼
2024 · 46.1%
ROA
24.5%▼
2024 · 29.2%
Interest coverage
25.04▼
2024 · 36.87
Debt
€66k▲
2024 · €37k
Debt ≤ 1 year
€40k▲
2024 · €21k
Debt > 1 year
€26k▲
2024 · €15k
Income taxes
€15k▲
2024 · €11k
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€101k€156k▲
Fixed assets21/28€45k€126k▲
Tangible fixed assets22/27€205€0▼
Plant, machinery and equipment23€205€0▼
Financial fixed assets28€45k€126k▲
Current assets29/58€56k€31k▼
Amounts receivable within one year40/41€11k€17k▲
Trade receivables40€11k€14k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€45k€14k▼
Equity and liabilities
Total equity and liabilities10/49€101k€156k▲
Equity10/15€64k€91k▲
Contributions10/11€3k€3k=
Reserves13€61k€88k▲
Distributable reserves133€61k€88k▲
Profit (loss) carried forward14€209€121▼
Amounts payable17/49€37k€66k▲
Amounts payable after more than one year17€15k€26k▲
Financial debts170/4€15k€26k▲
Amounts payable within one year42/48€21k€40k▲
Current portion of amounts payable after more than one year42€7k€20k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€13k€2k▼
Taxes450/3€13k€2k▼
Other amounts payable47/48€796€12k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€329€205▼
Other operating charges640/8€288€786▲
Gross operating margin9900€42k€56k▲
Operating profit (loss)9901€41k€55k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€40k€53k▲
Income taxes67/77€11k€15k▲
Profit (loss) for the period9904€30k€38k▲
Profit (loss) for the period to be appropriated9905€30k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€38k▲
Profit (loss) brought forward from the previous period14P€39€209▲
Transfer to equity691/2€29k€27k▼
To other reserves6921€29k€27k▼
Profit to be distributed694/7€859€12k▲
Return on contributions (dividend)694€859€12k▲
The notes to these accounts (8 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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €38k ▲29.3%
Operating result €55k, net result €38k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ichtegem · 1 establishment unit since 2021
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.
Kortemarkstraat(Icht) 20H8480 IchtegemGround area
540 m²
Building footprint
77 m²
Parcel 35006C1024/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
NICK WOSTYN
since 20212.320.803.192
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006C1024/00E000 | Flanders | 540 m² | 1 · 77 m² | - |
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.
Similar companies · same sector, comparable size
B&S WESTPOORT
BE 0758.552.272
Arendonk · Eq €91k
BERNARDUS CARE REAL ESTATE II
BE 0788.291.779
Hasselt · Eq €90k
HECA STORAGE
BE 0633.789.684
Roeselare · Eq €90k
KADE 9000
BE 1005.621.467
Gent · Eq €91k
Into Invest
BE 1024.408.585
Gent · Eq €90k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,278 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2021
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.