Nicolas Ory Construction
ActiveSummary
The computed 12-month bankruptcy probability of Nicolas Ory Construction is 2.9% (moderate). The 2025 annual accounts show equity of €9k and a net result of €-8k. Equity is shrinking by ~28.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 16% of 7453 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-10
Solvency33▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.76 against 0.77 in 2024; short-term debt: 85.1% and cash: 0.6% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
7.5%
Return on assets
-6.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7453 sector peers (2025).
NBB · sector comparisonPosition among 7453 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 3 filingsDeviation from the deadline
2025
26 d late
2024
8 d late
2023
30 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 45.9%
2024 · €17k
2023: €19k
2024: €17k
2023 → 2025
Total assets
€122k▼ 26.3%
2024 · €166k
2023: €215k
2024: €166k
2023 → 2025
Net result
€-8k▼ 288%
2024 · €-2k
2023: €7k
2024: €-2k
2023 → 2025
Working capital
€-25k▲ 11.1%
2024 · €-28k
2023: €-26k
2024: €-28k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€19k-€17k▼ 10.6%€9k▼ 45.9%
Operating result€15k-€17k▲ 10.4%€7k▼ 55.3%
Net result€7k-€-2k€-8k▼ 288%
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 2025; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€43k ▼ 38.5%
Current assets
€79k ▼ 17.5%
Equity and liabilities €122k
Equity
€9k ▼ 45.9%
Debt
€113k ▼ 24.1%
Debt's share of the balance-sheet total rises from 89.7% to 92.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €40k
Cash flow
€14k▼
2024 · €22k
Current ratio
0.76▼
2024 · 0.77
Debt to equity
12.26▲
2024 · 8.74
ROE
-84.8%▼
2024 · -11.8%
ROA
-6.4%▼
2024 · -1.2%
Interest coverage
1.87▼
2024 · 2.26
Debt ≤ 1 year
€104k▼
2024 · €124k
Debt > 1 year
€9k▼
2024 · €25k
Income taxes
€402▼
2024 · €1k
Staff costs
€132k▼
2024 · €167k
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 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€122k▼
Fixed assets21/28€70k€43k▼
Tangible fixed assets22/27€70k€43k▼
Plant, machinery and equipment23€20k€14k▼
Furniture and vehicles24€50k€29k▼
Current assets29/58€96k€79k▼
Amounts receivable within one year40/41€94k€78k▼
Trade receivables40€68k€78k▲
Other amounts receivable41€26k€297▼
Cash at bank and in hand54/58-€686
Deferred charges and accrued income490/1€1k€520▼
Equity and liabilities
Total equity and liabilities10/49€166k€122k▼
Equity10/15€17k€9k▼
Contributions10/11€12k€12k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€149k€113k▼
Amounts payable after more than one year17€25k€9k▼
Financial debts170/4€25k€9k▼
Amounts payable within one year42/48€124k€104k▼
Current portion of amounts payable after more than one year42€19k€16k▼
Financial debts43€6k-
Credit institutions430/8€6k-
Trade debts44€38k€45k▲
Suppliers440/4€38k€45k▲
Taxes, remuneration and social security45€60k€43k▼
Taxes450/3€36k€16k▼
Remuneration and social security454/9€24k€27k▲
Other amounts payable47/48-€315
Income statement
Code20242025
Remuneration, social security and pensions62€167k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€744€767▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€208k€166k▼
Operating profit (loss)9901€17k€7k▼
Financial income75/76B€460€790▲
Recurring financial income75€460€790▲
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€-937€-7k▼
Income taxes67/77€1k€402▼
Profit (loss) for the period9904€-2k€-8k▼
Profit (loss) for the period to be appropriated9905€-2k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-8k▼
Transfer from equity791/2€2k-
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Rochefort · 1 establishment unit since 2022
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.
Rue du Treux,Eprave 295580 RochefortGround area
557 m²
Building footprint
99 m²
Parcel 91040A0203/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Nicolas Ory Construction
since 20222.332.624.821
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91040A0203/00T000 | Wallonia | 557 m² | 1 · 99 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
EVJV
BE 0456.470.023
Tielt-Winge · Eq €9,215
de Groot Bouwprojecten
BE 0771.804.650
Nijlen · Eq €9,220
CORNEL & AVRAM CONSTRUCTION
BE 0762.643.890
Vilvoorde · Eq €9,223
D&D CHASSIS
BE 0883.268.538
Fleurus · Eq €9,225
De Vriendt K.
BE 1012.835.396
Aalst · Eq €9,234
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,965 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
Founded21-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43120Site preparation
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:orynicolas@outlook.be
Phone:+32484601398