Nicli
ActiveSummary
The computed 12-month bankruptcy probability of Nicli is 3.0% (moderate). The 2024 annual accounts show negative equity (-€28,648) and a net result of €891. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 26040 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▲+59
Solvency20=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.79 in 2023; short-term debt: 52.8% and cash: 3.6% of total assets), and equity is negative.
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Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-5.4%
Return on assets
0.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 26040 sector peers (2024).
NBB · sector comparisonPosition among 26040 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
36 d late
2022
31 d late
2021
18 d early
2020
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€28,648▲ 3.0%
2023 · -€29,539
Total assets
€530,897▼ 4.3%
2023 · €554,766
Net result
€891
2023 · -€41,833
Working capital
-€35,086▲ 38.8%
2023 · -€57,371
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€16,549-€30,301▲ 83.1%-€23,525-€36,894▼ 56.8%€5,070
Net result€12,585within the sector's middle half-€25,178above the sector's middle half▲ 100%-€26,468below the sector's middle half-€41,833below the sector's middle half▼ 58.1%€891within the sector's middle half
Equity€13,585within the sector's middle half-€38,763within the sector's middle half▲ 185%€12,295below the sector's middle half▼ 68.3%-€29,539below the sector's middle half-€28,648below the sector's middle half▲ 3.0%
Total assets€198,630within the sector's middle half-€305,141within the sector's middle half▲ 53.6%€613,736within the sector's middle half▲ 101%€554,766above the sector's middle half▼ 9.6%€530,897above the sector's middle half▼ 4.3%
Debt€185,045-€266,379▲ 44.0%€601,442▲ 126%€584,305▼ 2.8%€559,545▼ 4.2%
Working capital€107,564-€111,771▲ 3.9%-€6,348-€57,371▼ 804%-€35,086▲ 38.8%
Solvency6.8%within the sector's middle half-12.7%within the sector's middle half▲ 5.9pp2.0%below the sector's middle half▼ 10.7pp-5.3%below the sector's middle half▼ 7.3pp-5.4%below the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5,070 after a loss of €36,894 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €530,897
Fixed assets
€285,698 ▼ 14.5%
Current assets
€245,200 ▲ 11.1%
Key figures and ratios
EBITDA
€24,650▲
2023 · -€6,302
Cash flow
€20,471▲
2023 · -€11,241
Current ratio
0.87▲
2023 · 0.79
Quick ratio
0.14▲
2023 · 0.09
Debt to equity
-19.53▲
2023 · -19.78
ROA
0.2%▲
2023 · -7.5%
Interest coverage
5.90▲
2023 · -1.28
Debt ≤ 1 year
€280,285▲
2023 · €278,022
Debt > 1 year
€278,845▼
2023 · €302,012
Income taxes
€7
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
1.8%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,773 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,757 | €7,490 | €22,716 | €30,592 | €19,580 | ▼ 36.0% |
| Other operating charges640/8 | - | €719 | €4,179 | €2,018 | €2,259 | ▲ 11.9% |
| Gross operating margin9900 | €19,786 | €38,510 | €3,370 | -€4,284 | €26,909 | ▲ 728% |
| Operating profit (loss)9901 | €16,549 | €30,301 | -€23,525 | -€36,894 | €5,070 | ▲ 114% |
| Financial income75/76B | - | €75 | - | - | €8 | - |
| Recurring financial income75 | - | €75 | - | - | €8 | - |
| Financial charges65/66B | - | €469 | €2,944 | €4,940 | €4,181 | ▼ 15.4% |
| Recurring financial charges65 | €197 | €469 | €2,944 | €4,940 | €4,181 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €16,352 | €29,906 | -€26,468 | -€41,833 | €897 | ▲ 102% |
| Income taxes67/77 | €3,767 | €4,728 | - | - | €7 | - |
| Profit (loss) for the period9904 | €12,585 | €25,178 | -€26,468 | -€41,833 | €891 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €12,585 | €25,178 | -€26,468 | -€41,833 | €891 | ▲ 102% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198,630 | €305,141 | €613,736 | €554,766 | €530,897 | ▼ 4.3% |
| Fixed assets21/28 | €12,638 | €71,171 | €352,704 | €334,116 | €285,698 | ▼ 14.5% |
| Tangible fixed assets22/27 | €12,638 | €71,171 | €352,704 | €334,116 | €285,698 | ▼ 14.5% |
| Land and buildings22 | - | €17,980 | €301,849 | €295,579 | €278,680 | ▼ 5.7% |
| Plant, machinery and equipment23 | - | - | €10,012 | €9,699 | €7,017 | ▼ 27.6% |
| Furniture and vehicles24 | - | €53,191 | €40,843 | €28,838 | - | - |
| Current assets29/58 | €185,992 | €233,970 | €261,032 | €220,651 | €245,200 | ▲ 11.1% |
| Stocks and contracts in progress3 | €125,719 | €157,659 | €226,295 | €194,384 | €204,753 | ▲ 5.3% |
| Stocks30/36 | - | €157,659 | €226,295 | €194,384 | €204,753 | ▲ 5.3% |
| Amounts receivable within one year40/41 | €60,226 | €74,793 | €22,579 | €11,305 | €18,545 | ▲ 64.0% |
| Trade receivables40 | - | €74,793 | €22,579 | €11,305 | €18,545 | ▲ 64.0% |
| Cash at bank and in hand54/58 | €22 | €71 | €9,819 | €9,506 | €19,248 | ▲ 102% |
| Deferred charges and accrued income490/1 | - | €1,447 | €2,339 | €5,456 | €2,654 | ▼ 51.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198,630 | €305,141 | €613,736 | €554,766 | €530,897 | ▼ 4.3% |
| Equity10/15 | €13,585 | €38,763 | €12,295 | -€29,539 | -€28,648 | ▲ 3.0% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €25,178 | €25,178 | €25,178 | €25,178 | = |
| Distributable reserves133 | - | €25,178 | €25,178 | €25,178 | €25,178 | = |
| Profit (loss) carried forward14 | €12,585 | €12,585 | -€13,884 | -€55,717 | -€54,826 | ▲ 1.6% |
| Amounts payable17/49 | €185,045 | €266,379 | €601,442 | €584,305 | €559,545 | ▼ 4.2% |
| Amounts payable after more than one year17 | €100,000 | €144,150 | €324,924 | €302,012 | €278,845 | ▼ 7.7% |
| Financial debts170/4 | - | €144,150 | €324,924 | €302,012 | €278,845 | ▼ 7.7% |
| Amounts payable within one year42/48 | €78,428 | €122,199 | €267,380 | €278,022 | €280,285 | ▲ 0.8% |
| Current portion of amounts payable after more than one year42 | - | €11,827 | €22,651 | €22,912 | €23,894 | ▲ 4.3% |
| Trade debts44 | €16,304 | €44,647 | €9,229 | €5,784 | €8,196 | ▲ 41.7% |
| Suppliers440/4 | - | €44,647 | €9,229 | €5,784 | €8,196 | ▲ 41.7% |
| Taxes, remuneration and social security45 | - | €25,828 | €22,521 | €2,313 | €3,838 | ▲ 65.9% |
| Taxes450/3 | - | €22,828 | €4,421 | €2,313 | €3,838 | ▲ 65.9% |
| Remuneration and social security454/9 | - | €3,000 | €18,100 | - | - | - |
| Other amounts payable47/48 | - | €39,896 | €212,980 | €247,013 | €244,357 | ▼ 1.1% |
| Accrued charges and deferred income492/3 | - | €29 | €9,137 | €4,272 | €415 | ▼ 90.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,585 | €25,178 | -€26,468 | -€41,833 | €891 | ▲ 102% |
| + Depreciation and write-downs630 | €2,757 | €7,490 | €22,716 | €30,592 | €19,580 | ▼ 36.0% |
| Operating cash flow (approximation) | €15,342 | €32,668 | -€3,752 | -€11,241 | €20,471 | ▲ 282% |
| Investment in fixed assets (approximation) | - | -€66,023 | -€304,248 | -€12,004 | €28,838 | ▲ 340% |
| Change in cash | - | €49 | €9,748 | -€313 | €9,742 | ▲ 3,212% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €891
Net result €891 after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-12
Financial
Weakest financial yearnet -€41,833
Net result drops to -€41,833, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €25,178 ▲100%
Operating result €30,301, net result €25,178, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · 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.
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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, Hasselt · 2 establishment units since 2019
Ground area
1,706 m²
Building footprint
523 m²
Volume, LiDAR
3,369 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Nicli
since 20192.294.405.336
Nicli
since 20222.338.351.779
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71052A0131/00F000 | Flanders | 1,288 m² | 1 · 222 m² | 6.7 m · 2 fl. |
| 73006H0869/00Y006 | Flanders | 418 m² | 1 · 301 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,280 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
Founded04-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735695213
Also
9925:BE0735695213
Registered
05-09-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.