Financials
- Fiscal year
- 2024
- Turnover
- €23,310
- Profit
- €19,856
- Solvency
- 99.6%
Nide Works
ActiveSummary
The computed 12-month bankruptcy probability of Nide Works is ≥ 25% (high). The 2024 annual accounts show equity of €21,281 and a net result of €19,856. Its solvency ranks better than 95% of 1,295 sector peers (NACE 41, fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 6 administrative register entries (see administrative flags).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€23,310turnover 2024
- Equity
- €21,281
- Profit
- €19,856
Structure
- Board
- 1 member
Accounts filed 105 days late2 of 4 deeds read
Why 17- 2 changes of registered office in 24 months- 5 ex-officio strike-offs in the KBO- 5 warning signals in 24 months (strike-off 5)+ Legal form Limited partnershipShow the evidence
Checked score
Score 2024
17
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 79% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency
100
equity 99.6% of total assets
Liquidity
52
short-term debt 0.4% · cash 1.2%
Profitability
100
return on assets 93.0%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 14.8%
10-2025: 9.4%▼ -5.4 percentage points vs 09-2025
11-2025: 9.7%▲ +0.3 percentage points vs 10-2025
12-2025: 8.8%▼ -0.9 percentage points vs 11-2025lowest value
01-2026: 10.3%▲ +1.5 percentage points vs 12-2025
02-2026: 10.5%▲ +0.2 percentage points vs 01-2026
03-2026: 10.6%▲ +0.1 percentage points vs 02-2026
04-2026: 12.9%▲ +2.3 percentage points vs 03-2026
05-2026: 13.4%▲ +0.5 percentage points vs 04-2026
06-2026: 13.7%▲ +0.3 percentage points vs 05-2026
07-2026: 22.5%▲ +8.8 percentage points vs 06-2026
08-2026: 19.4%▼ -3.1 percentage points vs 07-2026
09-2026: 19.7%▲ +0.3 percentage points vs 08-2026
10-2026: ≥ 25%▲ +5.6 percentage points vs 09-2026highest value
No credit on open account
short-term debt: 0.4% and cash: 1.2% of total assets, and 0.4% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 92% on solvency, 55% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
−lowers risk+raises risk
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
105 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 105 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
6 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-compliance×4Address struckAddress strikeout annulled
- Address strikeout annulledKBO administration
- Registered officeRegistered-office move · Director in…
- Address struckRue d’Angleur 17 L’adresse du…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 9
- Since
- 2025
- 12-12-2025UBO non-compliance
- 05-12-2025UBO non-compliance
- 13-11-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Limited partnership
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 21-08-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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