Nico SH
ActiveSummary
The computed 12-month bankruptcy probability of Nico SH is 4.3% (elevated). The 2025 annual accounts show equity of €17k and a net result of €-4k. Equity is growing by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 13417 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2022
Profitability11▲+11
Solvency53▲+53
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.39; short-term debt: 72% of total assets), and 72% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
28%
Return on assets
-6.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
8 d early
2022
22 d late
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k
2022 · €-8k
2021: €-841
2022: €-8k▼ -817% vs 2021lowest value
2025: €17khighest value
2021 → 2025
Total assets
€63k▲ 6,874%
2022 · €897
2021: €593lowest value
2022: €897▲ +51.4% vs 2021
2025: €63khighest value
2021 → 2025
Net result
€-4k▲ 44.2%
2022 · €-7k
2021: €-3khighest value
2022: €-7k▼ -106% vs 2021lowest value
2025: €-4k
2021 → 2025
Working capital
€17k
2022 · €-8k
2021: €-841
2022: €-8k▼ -817% vs 2021lowest value
2025: €17khighest value
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222025Trend
Equity€-841-€-8k▼ 817%€17k
2021: €-841
2022: €-8k▼ -817% vs 2021lowest value
2025: €17khighest value
Operating result€-3k-€-7k▼ 105%€-4k▲ 41.7%
2021: €-3khighest value
2022: €-7k▼ -105% vs 2021lowest value
2025: €-4k
Net result€-3k-€-7k▼ 106%€-4k▲ 44.2%
2021: €-3khighest value
2022: €-7k▼ -106% vs 2021lowest value
2025: €-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-4k in 2025, compared with €-7k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Equity and liabilities €63k
Equity
€17k
Debt
€45k
Debt finances 72.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€-4k
Cash flow
€-4k
Current ratio
1.39
Debt to equity
2.58
ROE
-21.9%
ROA
-6.1%
Interest coverage
-362.96
Debt ≤ 1 year
€45k▲
2022 · €9k
Income taxes
€0
Staff costs
€0
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 · 2025 against 2022 · 36 lines
Balance sheet
Code20222025
Assets
Total assets20/58€897€63k▲
Fixed assets21/28-€0
Intangible fixed assets21-€0
Current assets29/58€897€63k▲
Stocks and contracts in progress3-€0
Stocks30/36-€0
Amounts receivable within one year40/41€897€63k▲
Other amounts receivable41€897€63k▲
Equity and liabilities
Total equity and liabilities10/49€897€63k▲
Equity10/15€-8k€17k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-10k€15k▲
Amounts payable17/49€9k€45k▲
Amounts payable within one year42/48€9k€45k▲
Financial debts43€9€10▲
Credit institutions430/8€9€10▲
Trade debts44€3k€37k▲
Suppliers440/4€3k€37k▲
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48€6k-
Income statement
Code20222025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8-€621
Non-recurring operating charges66A-€36k
Gross operating margin9900€-7k€35k▲
Operating profit (loss)9901€-7k€-4k▲
Financial charges65/66B€320€11▼
Recurring financial charges65€320€11▼
Profit (loss) for the period before taxes9903€-7k€-4k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-7k€-4k▲
Profit (loss) for the period to be appropriated9905€-7k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€15k▲
Profit (loss) brought forward from the previous period14P€-3k€19k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2k | - |
| Other operating charges640/8 | - | - | €621 | - |
| Non-recurring operating charges66A | - | - | €36k | - |
| Gross operating margin9900 | €-3k | €-7k | €35k | - |
| Operating profit (loss)9901 | €-3k | €-7k | €-4k | - |
| Financial charges65/66B | €148 | €320 | €11 | - |
| Recurring financial charges65 | €148 | €320 | €11 | - |
| Profit (loss) for the period before taxes9903 | €-3k | €-7k | €-4k | - |
| Income taxes67/77 | - | - | €0 | - |
| Profit (loss) for the period9904 | €-3k | €-7k | €-4k | - |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-7k | €-4k | - |
| Line | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €593 | €897 | €63k | - |
| Fixed assets21/28 | - | - | €0 | - |
| Intangible fixed assets21 | - | - | €0 | - |
| Current assets29/58 | €593 | €897 | €63k | - |
| Stocks and contracts in progress3 | - | - | €0 | - |
| Stocks30/36 | - | - | €0 | - |
| Amounts receivable within one year40/41 | €593 | €897 | €63k | - |
| Other amounts receivable41 | €593 | €897 | €63k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €593 | €897 | €63k | - |
| Equity10/15 | €-841 | €-8k | €17k | - |
| Contributions10/11 | €3k | €3k | €3k | - |
| Profit (loss) carried forward14 | €-3k | €-10k | €15k | - |
| Amounts payable17/49 | €1k | €9k | €45k | - |
| Amounts payable within one year42/48 | €1k | €9k | €45k | - |
| Financial debts43 | €9 | €9 | €10 | - |
| Credit institutions430/8 | - | €9 | €10 | - |
| Other loans439 | €9 | - | - | - |
| Trade debts44 | €1k | €3k | €37k | - |
| Suppliers440/4 | €1k | €3k | €37k | - |
| Taxes, remuneration and social security45 | - | - | €8k | - |
| Taxes450/3 | - | - | €8k | - |
| Other amounts payable47/48 | €125 | €6k | - | - |
| Line | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-7k | €-4k | - |
| + Depreciation and write-downs630 | - | - | €0 | - |
| Operating cash flow (approximation) | €-3k | €-7k | €-4k | - |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 13current ratio 1.39
Current ratio from 0.10 to 1.39.
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial 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
Registered office, Drogenbos · 1 establishment unit since 2024
Ground area
1.1 ha
Building footprint
795 m²
Volume, LiDAR
8,993 m³
Parcel 22001A0006/00W002, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
235
companies at this address
See who is registered here
1 establishment unit
Nico SH
since 20242.354.758.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDrogenbos2.354.758.736
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,939 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
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.