NICOBA has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.78M and a net result of €-279k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 38% of 3175 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
30 d early
2023
30 d early
2022
28 d early
2021
34 d early
2020
40 d early
2019
45 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€522k
EBIT margin
35.4%
Net result
€-279k▼ 257%
2024 · €-78k
2018: €-178k
2019: €5.09M
2020: €-7k
2021: €746k
2022: €-250k
2023: €-221k
2024: €-78k
2018 → 2025
Working capital
€4.16M▼ 5.5%
2024 · €4.40M
2018: €349k
2019: €2.95M
2020: €2.56M
2021: €4.52M
2022: €4.72M
2023: €4.52M
2024: €4.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.60M-€6.35M▼ 3.8%€6.13M▼ 3.5%€6.05M▼ 1.3%€5.78M▼ 4.6%
Operating result€961k-€63k▼ 93.4%€145k▲ 130%€211k▲ 45.6%€27k▼ 87.1%
Net result€746k-€-250k€-221k▲ 11.6%€-78k▲ 64.7%€-279k▼ 257%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.80M
Fixed assets
€10.62M▼ 0.4%
Current assets
€4.18M▼ 5.3%
Equity and liabilities €14.80M
Equity
€5.78M▼ 4.6%
Debt
€9.03M▲ 0.1%
The debt ratio rises from 59.8% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
39.0%▼
2024 · 40.2%
ROE
-4.8%▼
2024 · -1.3%
ROA
-1.9%▼
2024 · -0.5%
Debt
€9.03M▲
2024 · €9.02M
Debt ≤ 1 year
€26k▲
2024 · €17k
Debt > 1 year
€9.00M=
2024 · €9.00M
Income taxes
€871▲
2024 · €608
Staff costs
€69k▲
2024 · €64k
A ratio outside any meaningful range has been withheld (balance sheet total €14.80M, equity €5.78M).
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€15.07M€14.80M▼
Fixed assets21/28€10.66M€10.62M▼
Tangible fixed assets22/27€104k€67k▼
Furniture and vehicles24€104k€67k▼
Financial fixed assets28€10.55M€10.55M=
Current assets29/58€4.41M€4.18M▼
Amounts receivable after more than one year29€2.40M€2.40M=
Other amounts receivable291€2.40M€2.40M=
Amounts receivable within one year40/41€1.71M€1.16M▼
Trade receivables40€411k€158k▼
Other amounts receivable41€1.30M€1.00M▼
Cash at bank and in hand54/58€144k€339k▲
Deferred charges and accrued income490/1€164k€289k▲
Equity and liabilities
Total equity and liabilities10/49€15.07M€14.80M▼
Equity10/15€6.05M€5.78M▼
Contributions10/11€9.31M€9.31M=
Capital10€9.31M€9.31M=
Issued capital100€9.31M€9.31M=
Revaluation surpluses12€2.40M€2.40M=
Reserves13€931k€931k=
Non-distributable reserves130/1€931k€931k=
Legal reserve130€931k€931k=
Profit (loss) carried forward14€-6.59M€-6.87M▼
Amounts payable17/49€9.02M€9.03M▲
Amounts payable after more than one year17€9.00M€9.00M=
Financial debts170/4€9.00M€9.00M=
Amounts payable within one year42/48€17k€26k▲
Trade debts44€6k€17k▲
Suppliers440/4€6k€17k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€3k€871▼
Remuneration and social security454/9€8k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€17k-
Remuneration, social security and pensions62€64k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€38k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€312k€141k▼
Operating profit (loss)9901€211k€27k▼
Financial income75/76B€310k€186k▼
Recurring financial income75€227k€186k▼
Non-recurring financial income76B€83k-
Financial charges65/66B€599k€492k▼
Recurring financial charges65€591k€492k▼
Non-recurring financial charges66B€9k-
Profit (loss) for the period before taxes9903€-78k€-279k▼
Income taxes67/77€608€871▲
Profit (loss) for the period9904€-78k€-279k▼
Profit (loss) for the period to be appropriated9905€-78k€-279k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6.59M€-6.87M▼
Profit (loss) brought forward from the previous period14P€-6.51M€-6.59M▼
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (12 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-279k
Net result drops to €-279k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €746k
Net result €746k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 346.66
Current ratio from 163.97 to 346.66; short-term debt falls from €16k to €13k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €5.09M
Net result €5.09M after one loss-making year.
31-12
Financial
Liquidity times 30current ratio 181.86
Current ratio from 6.09 to 181.86; short-term debt falls from €69k to €16k.
31-12
Financial
Equity above €5MEq €5.87M ▲68.9%
Equity rises from €3.47M to €5.87M.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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 · 1 establishment unit since 2003
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.
Bollebergen 2A9052 GentGround area
6,984 m²
Building footprint
2,040 m²
Volume, LiDAR
29,327 m³
2 parcels, Flanders · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Bollebergen 2 A, 9052 Gent
since 20032.130.703.186
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0103/00E000 | Flanders | 6,306 m² | 1 · 1,934 m² | 20.0 m · 5 fl. |
| 44082B0102/00L003 | Flanders | 678 m² | 1 · 105 m² | 11.5 m · 1 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 82,554 companies in sector 70200 we hold annual accounts for 52,573. 10,178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-06-1991
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.