NIGEC
ActiveSummary
NIGEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65,895 and a net result of €16,742. Equity is growing by ~32.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+1
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.45 against 1.66 in 2023; short-term debt: 24.5% and cash: 42.2% of total assets), and 24.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 31-12-2025, 153 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
153 d late
2022
499 d late
2021
151 d late
2020
117 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 199 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€65,895▲ 34.1%
2023 · €49,153
Total assets
€87,224▼ 5.2%
2023 · €91,979
Net result
€16,742▼ 2.2%
2023 · €17,116
Working capital
€52,225▲ 83.5%
2023 · €28,468
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€34,543▲ 285%€6,719▼ 80.5%€28,315▲ 321%€26,218▼ 7.4%€25,156▼ 4.1%
Net result€27,053▲ 347%€3,317▼ 87.7%€19,381▲ 484%€17,116▼ 11.7%€16,742▼ 2.2%
Equity€36,940▲ 133%€40,257▲ 9.0%€39,637▼ 1.5%€49,153▲ 24.0%€65,895▲ 34.1%
Total assets€57,037▲ 176%€65,898▲ 15.5%€94,546▲ 43.5%€91,979▼ 2.7%€87,224▼ 5.2%
Debt€20,097▲ 318%€25,641▲ 27.6%€54,909▲ 114%€42,826▼ 22.0%€21,329▼ 50.2%
Working capital€36,803▲ 136%€32,559▼ 11.5%€32,084▼ 1.5%€28,468▼ 11.3%€52,225▲ 83.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87,224
Fixed assets
€13,670 ▼ 33.9%
Current assets
€73,554 ▲ 3.2%
Equity and liabilities €87,224
Equity
€65,895 ▲ 34.1%
Debt
€21,329 ▼ 50.2%
Debt's share of the balance-sheet total falls from 46.6% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32,171▼
2023 · €32,280
Cash flow
€23,757▲
2023 · €23,178
Current ratio
3.45▲
2023 · 1.66
Debt to equity
0.32▼
2023 · 0.87
ROE
25.4%▼
2023 · 34.8%
ROA
19.2%▲
2023 · 18.6%
Interest coverage
10.77▼
2023 · 13.76
Debt ≤ 1 year
€21,329▼
2023 · €42,826
Income taxes
€7,340▲
2023 · €6,785
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €171 | €447 | €4,144 | €6,062 | €7,015 | ▲ 15.7% |
| Other operating charges640/8 | - | €787 | €1,352 | €4,625 | €1,045 | ▼ 77.4% |
| Non-recurring operating charges66A | - | €295 | €62 | €58 | €63 | ▲ 8.8% |
| Gross operating margin9900 | €36,039 | €8,248 | €33,873 | €36,962 | €33,280 | ▼ 10.0% |
| Operating profit (loss)9901 | €34,543 | €6,719 | €28,315 | €26,218 | €25,156 | ▼ 4.1% |
| Financial income75/76B | - | €858 | €1,128 | €30 | €1,914 | ▲ 6,371% |
| Recurring financial income75 | €1,044 | €858 | €1,128 | €30 | €1,914 | ▲ 6,371% |
| Financial charges65/66B | - | €1,063 | €946 | €2,346 | €2,988 | ▲ 27.3% |
| Recurring financial charges65 | €1,038 | €1,063 | €946 | €2,346 | €2,988 | ▲ 27.3% |
| Profit (loss) for the period before taxes9903 | €34,550 | €6,514 | €28,498 | €23,901 | €24,082 | ▲ 0.8% |
| Income taxes67/77 | €7,497 | €3,197 | €9,117 | €6,785 | €7,340 | ▲ 8.2% |
| Profit (loss) for the period9904 | €27,053 | €3,317 | €19,381 | €17,116 | €16,742 | ▼ 2.2% |
| Profit (loss) for the period to be appropriated9905 | €27,053 | €3,317 | €19,381 | €17,116 | €16,742 | ▼ 2.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,037 | €65,898 | €94,546 | €91,979 | €87,224 | ▼ 5.2% |
| Fixed assets21/28 | €137 | €15,748 | €11,604 | €20,685 | €13,670 | ▼ 33.9% |
| Tangible fixed assets22/27 | €137 | €15,748 | €11,604 | €20,685 | €13,670 | ▼ 33.9% |
| Furniture and vehicles24 | - | €15,748 | €11,604 | €8,442 | €4,226 | ▼ 49.9% |
| Leasing and similar rights25 | - | - | - | €12,243 | €9,443 | ▼ 22.9% |
| Current assets29/58 | €56,900 | €50,150 | €82,942 | €71,294 | €73,554 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €23,689 | €24,313 | €33,302 | €36,987 | €36,387 | ▼ 1.6% |
| Trade receivables40 | - | €10,950 | €13,940 | €9,865 | €13,321 | ▲ 35.0% |
| Other amounts receivable41 | - | €13,363 | €19,362 | €27,122 | €23,066 | ▼ 15.0% |
| Cash at bank and in hand54/58 | €33,211 | €25,837 | €48,781 | €34,308 | €36,845 | ▲ 7.4% |
| Deferred charges and accrued income490/1 | - | - | €859 | - | €322 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,037 | €65,898 | €94,546 | €91,979 | €87,224 | ▼ 5.2% |
| Equity10/15 | €36,940 | €40,257 | €39,637 | €49,153 | €65,895 | ▲ 34.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Capital10 | - | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €28,880 | €32,197 | €31,577 | €28,693 | €45,435 | ▲ 58.3% |
| Amounts payable17/49 | €20,097 | €25,641 | €54,909 | €42,826 | €21,329 | ▼ 50.2% |
| Amounts payable after more than one year17 | - | €8,050 | €4,050 | - | - | - |
| Financial debts170/4 | - | €8,050 | €4,050 | - | - | - |
| Amounts payable within one year42/48 | €20,097 | €17,592 | €50,859 | €42,826 | €21,329 | ▼ 50.2% |
| Current portion of amounts payable after more than one year42 | - | €3,950 | €4,000 | €4,050 | - | - |
| Trade debts44 | €2,196 | €7,444 | €11,544 | €9,000 | €10,980 | ▲ 22.0% |
| Suppliers440/4 | - | €7,444 | €11,544 | €9,000 | €10,980 | ▲ 22.0% |
| Taxes, remuneration and social security45 | - | €6,197 | €15,315 | €9,776 | €10,349 | ▲ 5.9% |
| Taxes450/3 | - | €3,197 | €15,315 | €9,776 | €10,349 | ▲ 5.9% |
| Remuneration and social security454/9 | - | €3,000 | - | - | - | - |
| Other amounts payable47/48 | - | - | €20,000 | €20,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,053 | €3,317 | €19,381 | €17,116 | €16,742 | ▼ 2.2% |
| + Depreciation and write-downs630 | €171 | €447 | €4,144 | €6,062 | €7,015 | ▲ 15.7% |
| Operating cash flow (approximation) | €27,224 | €3,764 | €23,525 | €23,178 | €23,757 | ▲ 2.5% |
| Investment in fixed assets (approximation) | - | -€16,058 | €0 | -€15,143 | €0 | ▲ 100% |
| Change in cash | - | -€7,374 | €22,944 | -€14,473 | €2,537 | ▲ 118% |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 3.45
Current ratio from 1.66 to 3.45; short-term debt falls from €42,826 to €21,329.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 499 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
31-12
Financial
Weakest financial yearnet €3,317 ▼87.7%
Net result drops to €3,317, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
31-12
Financial
Highest result since 2018net €27,053 ▲347%
Operating result €34,543, net result €27,053, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.24
Current ratio from 1.68 to 4.24; short-term debt falls from €13,449 to €4,808.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Jurbise · 1 establishment unit since 2017
Ground area
1,042 m²
Building footprint
145 m²
Parcel 53044B0318/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NIGEC
since 20172.263.629.315
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53044B0318/00K000 | Wallonia | 1,042 m² | 1 · 145 m² | - |
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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-03-2017
Fiscal year end31-12
Contact
E-mail
ng.claudef@gmail.comJurbise
Phone
0484.93.58.28Jurbise
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672932847
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.