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Nicovanbe

Active
Private limited companyfounded 2023active for 2 yearsNederkouter 115, 9000 Gent, BelgiumKBO/BCE: BE 1002.168.564
Summary

Nicovanbe has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,209 and a net result of €75,902. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Equity
€105,209▲ 259%
2024 · €29,307
Total assets
€1.8m▲ 9.3%
2024 · €1.6m
Net result
€75,902
2024 · -€15,693
Working capital
€145,173▲ 1,083%
2024 · €12,272
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €5,252 in 2025 against €6,922 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.005m 2025 Net result€0.08m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€0.007m--€0.005m▲ 24.1%
Net result-€0.02m-€0.08m
Equity€0.03m-€0.1m▲ 259%
Total assets€1.6m-€1.8m▲ 9.3%
Debt€1.6m-€1.7m▲ 4.7%
Working capital€0.01m-€0.1m▲ 1,083%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.6m =
Current assets €173,531 ▲ 673%
Equity and liabilities €1.8m
Equity €105,209 ▲ 259%
Debt €1.7m ▲ 4.7%
Debt's share of the balance-sheet total falls from 98.2% to 94.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
6.12▲
2024 · 2.21
Debt to equity
15.83▼
2024 · 54.26
ROE
72.1%▲
2024 · -53.5%
ROA
4.3%▲
2024 · -1.0%
Debt ≤ 1 year
€28,357▲
2024 · €10,180
Debt > 1 year
€1.6m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.6m€1.8m▲
Fixed assets21/28€1.6m€1.6m=
Financial fixed assets28€1.6m€1.6m=
Current assets29/58€0.02m€0.2m▲
Cash at bank and in hand54/58€0.02m€0.2m▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m▲
Equity10/15€0.03m€0.1m▲
Contributions10/11€0.05m€0.05m=
Reserves13-€0.06m
Distributable reserves133-€0.06m
Profit (loss) carried forward14-€0.02m€0▲
Amounts payable17/49€1.6m€1.7m▲
Amounts payable after more than one year17€1.6m€1.6m▲
Financial debts170/4€0.8m€0.9m▲
Other amounts payable178/9€0.8m€0.7m▼
Amounts payable within one year42/48€0.01m€0.03m▲
Trade debts44€0.001m€0▼
Suppliers440/4€0.001m€0▼
Other amounts payable47/48€0.01m€0.03m▲
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900-€0.006m-€0.005m▲
Operating profit (loss)9901-€0.007m-€0.005m▲
Financial income75/76B€0.003m€0.1m▲
Recurring financial income75€0.003m€0.1m▲
Financial charges65/66B€0.01m€0.02m▲
Recurring financial charges65€0.01m€0.02m▲
Profit (loss) for the period before taxes9903-€0.02m€0.08m▲
Profit (loss) for the period9904-€0.02m€0.08m▲
Profit (loss) for the period to be appropriated9905-€0.02m€0.08m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.02m€0.06m▲
Profit (loss) brought forward from the previous period14P--€0.02m
Transfer to equity691/2-€0.06m
To other reserves6921-€0.06m

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€822€544▼ 33.8%
Gross operating margin9900-€6,100-€4,708▲ 22.8%
Operating profit (loss)9901-€6,922-€5,252▲ 24.1%
Financial income75/76B€2,500€100,000▲ 3,900%
Recurring financial income75€2,500€100,000▲ 3,900%
Financial charges65/66B€11,271€18,847▲ 67.2%
Recurring financial charges65€11,271€18,847▲ 67.2%
Profit (loss) for the period before taxes9903-€15,693€75,902-
Profit (loss) for the period9904-€15,693€75,902-
Profit (loss) for the period to be appropriated9905-€15,693€75,902-
Line20242025Change
Assets
Total assets20/58€1.6m€1.8m▲ 9.3%
Fixed assets21/28€1.6m€1.6m=
Financial fixed assets28€1.6m€1.6m=
Current assets29/58€0.02m€0.2m▲ 673%
Cash at bank and in hand54/58€0.02m€0.2m▲ 673%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m▲ 9.3%
Equity10/15€0.03m€0.1m▲ 259%
Contributions10/11€0.05m€0.05m=
Reserves13-€0.06m-
Distributable reserves133-€0.06m-
Profit (loss) carried forward14-€0.02m€0-
Amounts payable17/49€1.6m€1.7m▲ 4.7%
Amounts payable after more than one year17€1.6m€1.6m▲ 3.6%
Financial debts170/4€0.8m€0.9m▲ 20.1%
Other amounts payable178/9€0.8m€0.7m▼ 12.5%
Amounts payable within one year42/48€0.01m€0.03m▲ 179%
Trade debts44€0.001m€0▼ 100%
Suppliers440/4€0.001m€0▼ 100%
Other amounts payable47/48€0.01m€0.03m▲ 195%
Line20242025Change
Profit (loss) for the period9904-€15,693€75,902-
Operating cash flow (approximation)-€15,693€75,902-
Investment in fixed assets (approximation)-€0-
Change in cash-€151,079-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 19-05-2026 2026-00114021
31-12-2024 abbreviated format 17-07-2025 2025-00283961

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.