Nico Moolenaar
ActiveSummary
Nico Moolenaar has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €495k and a net result of €123k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 20.99 against 16.79 in 2023; short-term debt: 4.5% and cash: 74.2% of total assets), and 4.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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 2024Solvency, return and age of the figures
Solvency
95.3%
Return on assets
23.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
20 d late
2022
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€495k▲ 33.0%
2023 · €372k
2022: €199k
2023: €372k
2022 → 2024
Total assets
€520k▲ 31.8%
2023 · €395k
2022: €203k
2023: €395k
2022 → 2024
Net result
€123k▼ 29.1%
2023 · €173k
2022: €98k
2023: €173k
2022 → 2024
Working capital
€468k▲ 41.9%
2023 · €330k
2022: €146k
2023: €330k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€199k-€372k▲ 86.9%€495k▲ 33.0%
Operating result€147k-€250k▲ 70.1%€174k▼ 30.6%
Net result€98k-€173k▲ 76.1%€123k▼ 29.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €520k
Fixed assets
€29k ▼ 34.3%
Current assets
€491k ▲ 40.1%
Equity and liabilities €520k
Equity
€495k ▲ 33.0%
Debt
€25k ▲ 11.5%
Debt's share of the balance-sheet total falls from 5.6% to 4.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€189k▼
2023 · €265k
Cash flow
€138k▼
2023 · €188k
Current ratio
20.99▲
2023 · 16.79
Debt to equity
0.05▼
2023 · 0.06
ROE
24.8%▼
2023 · 46.5%
ROA
23.6%▼
2023 · 43.9%
Interest coverage
82.75▼
2023 · 1139.85
Debt ≤ 1 year
€23k▲
2023 · €21k
Income taxes
€54k▼
2023 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€395k€520k▲
Fixed assets21/28€44k€29k▼
Tangible fixed assets22/27€44k€29k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€37k€24k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€350k€491k▲
Amounts receivable within one year40/41€39k€15k▼
Trade receivables40€17k€148▼
Other amounts receivable41€22k€15k▼
Current investments50/53€120k€90k▼
Cash at bank and in hand54/58€192k€386k▲
Equity and liabilities
Total equity and liabilities10/49€395k€520k▲
Equity10/15€372k€495k▲
Contributions10/11€1k€1k=
Reserves13€303k€425k▲
Distributable reserves133€303k€425k▲
Profit (loss) carried forward14€68k€69k▲
Amounts payable17/49€22k€25k▲
Amounts payable within one year42/48€21k€23k▲
Trade debts44€20k€20k▲
Suppliers440/4€20k€20k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€1k€198▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€676€785▲
Gross operating margin9900€265k€190k▼
Operating profit (loss)9901€250k€174k▼
Financial income75/76B€440€5k▲
Recurring financial income75€440€5k▲
Financial charges65/66B€232€2k▲
Recurring financial charges65€232€2k▲
Profit (loss) for the period before taxes9903€250k€177k▼
Income taxes67/77€77k€54k▼
Profit (loss) for the period9904€173k€123k▼
Profit (loss) for the period to be appropriated9905€173k€123k▼
Appropriation of the result
Profit (loss) to be appropriated9906€241k€191k▼
Profit (loss) brought forward from the previous period14P€68k€68k▲
Transfer to equity691/2€173k€122k▼
To other reserves6921€173k€122k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Highest result since 2022net €173k ▲76.1%
Operating result €250k, net result €173k, both a record.
31-12
Financial
Equity above €200kEq €372k ▲86.9%
2 profitable years in a row build equity to €372k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 2 establishment units since 2016
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.
Kunstenaarstraat 439040 GentGround area
321 m²
Building footprint
81 m²
Volume, LiDAR
673 m³
2 parcels, Brussels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Nico Moolenaar
since 20162.254.993.444
Nico Moolenaar
since 20202.299.732.517
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00F011 | Brussels | 240 m² | - | - |
| 44432C1171/00A010 | Flanders | 81 m² | 1 · 81 m² | 12.1 m · 3 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 6,653 companies in sector 90111 we hold annual accounts for 384. 173 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.