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Nikabuild

Active
Private limited companyfounded 200125 yrs activeMechelsesteenweg 22, 2550 Kontich, BelgiumKBO/BCE: BE 0474.890.818
Summary

Nikabuild has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,773 and a net result of -€25,418. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability28▲+11
Solvency28▼-2
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.32 in 2023; short-term debt: 7.2% and cash: 0.3% of total assets), and 96.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
3.5%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€25,418
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 19364 sector peers (2024).
NBB · sector comparison
Position among 19364 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
1 d early
2022
21 d late
2021
31 d late
2020
31 d late
2019
108 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Nikabuild was incorporated on 29 May 2001.1 Total assets rose from EUR 115,330 in 2018 to EUR 1.3 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€43,773▼ 36.7%
2023 · €69,191
Total assets
€1.3m▼ 4.2%
2023 · €1.3m
Net result
-€25,418▼ 26.1%
2023 · -€20,154
Working capital
-€81,762▼ 89.1%
2023 · -€43,228
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-€9,348▲ 20.9%-€626▲ 93.3%-€3▲ 99.6%-€20,083▼ 803,202%€26,310
Net result-€9,552▲ 23.8%-€4,768▲ 50.1%-€248▲ 94.8%-€20,154▼ 8,016%-€25,418▼ 26.1%
Equity€44,361▼ 17.7%€39,593▼ 10.7%€39,345▼ 0.6%€69,191▲ 75.9%€43,773▼ 36.7%
Total assets€68,276▼ 24.1%€55,481▼ 18.7%€49,476▼ 10.8%€1.3m▲ 2,564%€1.3m▼ 4.2%
Debt€23,915▼ 33.7%€15,888▼ 33.6%€10,131▼ 36.2%€1.2m▲ 12,229%€1.2m▼ 2.4%
Working capital€37,884▼ 14.1%€33,011▼ 12.9%€37,847▲ 14.7%-€43,228-€81,762▼ 89.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€9,348-€9,348Net result 2020: -€9,552-€9,552Operating result 2021: -€626-€626Net result 2021: -€4,768-€4,768Operating result 2022: -€3-€3Net result 2022: -€248-€248Operating result 2023: -€20,083-€20,083Net result 2023: -€20,154-€20,154Operating result 2024: €26,310€26,310Net result 2024: -€25,418-€25,41820202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: -€3-€3Net result 2022: -€248-€248Operating result 2023: -€20,083-€20,100Net result 2023: -€20,154-€20,200Operating result 2024: €26,310€26,300Net result 2024: -€25,418-€25,400202220232024
The operating result returns to profit in 2024: €26,310 after a loss of €20,083 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €1.3m ▼ 3.4%
Current assets €8,950 ▼ 56.8%
Equity and liabilities €1.3m
Equity €43,773 ▼ 36.7%
Debt €1.2m ▼ 2.4%
Debt's share of the balance-sheet total rises from 94.8% to 96.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€70,135▲
2023 · -€8,932
Cash flow
€18,406▲
2023 · -€9,004
Current ratio
0.10▼
2023 · 0.32
Debt to equity
27.84▲
2023 · 18.05
ROE
-58.1%▼
2023 · -29.1%
ROA
-2.0%▼
2023 · -1.5%
Interest coverage
1.38▲
2023 · -124.42
Debt ≤ 1 year
€90,712▲
2023 · €63,959
Debt > 1 year
€1.1m▼
2023 · €1.2m
Income taxes
€837
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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.3m▼
Fixed assets21/28€1.3m€1.3m▼
Tangible fixed assets22/27€1.3m€1.3m▼
Land and buildings22€1.3m€1.3m▼
Current assets29/58€20,731€8,950▼
Amounts receivable within one year40/41€19,264€5,000▼
Trade receivables40€16,000-
Other amounts receivable41€3,264€5,000▲
Cash at bank and in hand54/58€1,467€3,811▲
Deferred charges and accrued income490/1-€139
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▼
Equity10/15€69,191€43,773▼
Contributions10/11€56,668€56,668=
Reserves13€32,677€32,677=
Non-distributable reserves130/1€5,917€5,917=
Reserves not available under the articles1311€5,917€5,917=
Tax-exempt reserves132€5,800€5,800=
Distributable reserves133€20,960€20,960=
Profit (loss) carried forward14-€20,154-€45,572▼
Amounts payable17/49€1.2m€1.2m▼
Amounts payable after more than one year17€1.2m€1.1m▼
Financial debts170/4€1.2m€1.1m▼
Amounts payable within one year42/48€63,959€90,712▲
Current portion of amounts payable after more than one year42-€35,019
Trade debts44€61,639-
Suppliers440/4€61,639-
Taxes, remuneration and social security45€2,117-
Taxes450/3€2,117-
Other amounts payable47/48€203€55,693▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,151€43,824▲
Other operating charges640/8€1,919€4,591▲
Gross operating margin9900-€7,012€74,726▲
Operating profit (loss)9901-€20,083€26,310▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€72€50,891▲
Recurring financial charges65€72€50,891▲
Profit (loss) for the period before taxes9903-€20,154-€24,580▼
Income taxes67/77-€837
Profit (loss) for the period9904-€20,154-€25,418▼
Profit (loss) for the period to be appropriated9905-€20,154-€25,418▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,154-€45,572▼
Profit (loss) brought forward from the previous period14P--€20,154

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,085€11,201€10,305€11,151€43,824▲ 293%
Other operating charges640/8-€955€1,027€1,919€4,591▲ 139%
Gross operating margin9900€3,755€11,530€11,330-€7,012€74,726▲ 1,166%
Operating profit (loss)9901-€9,348-€626-€3-€20,083€26,310▲ 231%
Financial income75/76B-€96€2€0--
Recurring financial income75€161€96€2€0--
Financial charges65/66B-€2,654€247€72€50,891▲ 70,789%
Recurring financial charges65€365€2,654€247€72€50,891▲ 70,789%
Profit (loss) for the period before taxes9903-€9,552-€3,184-€248-€20,154-€24,580▼ 22.0%
Income taxes67/77-€1,584-€0-€837-
Profit (loss) for the period9904-€9,552-€4,768-€248-€20,154-€25,418▼ 26.1%
Profit (loss) for the period to be appropriated9905-€9,552-€4,768-€248-€20,154-€25,418▼ 26.1%
Line20202021202220232024Change
Assets
Total assets20/58€68,276€55,481€49,476€1.3m€1.3m▼ 4.2%
Fixed assets21/28€20,555€11,804€1,498€1.3m€1.3m▼ 3.4%
Tangible fixed assets22/27€20,555€11,804€1,498€1.3m€1.3m▼ 3.4%
Land and buildings22-€2,028€1,498€1.3m€1.3m▼ 3.4%
Furniture and vehicles24-€9,775----
Current assets29/58€47,721€43,678€47,977€20,731€8,950▼ 56.8%
Stocks and contracts in progress3€622€622€622---
Stocks30/36-€622€622---
Amounts receivable within one year40/41-€1,479€39,880€19,264€5,000▼ 74.0%
Trade receivables40-€677€37,624€16,000--
Other amounts receivable41-€801€2,256€3,264€5,000▲ 53.2%
Current investments50/53--€6,227---
Cash at bank and in hand54/58€47,099€40,357-€1,467€3,811▲ 160%
Deferred charges and accrued income490/1-€1,220€1,248-€139-
Equity and liabilities
Total equity and liabilities10/49€68,276€55,481€49,476€1.3m€1.3m▼ 4.2%
Equity10/15€44,361€39,593€39,345€69,191€43,773▼ 36.7%
Contributions10/11-€6,668€6,668€56,668€56,668=
Reserves13€37,693€32,925€32,677€32,677€32,677=
Non-distributable reserves130/1-€5,917€5,917€5,917€5,917=
Reserves not available under the articles1311-€5,917€5,917€5,917€5,917=
Tax-exempt reserves132-€5,800€5,800€5,800€5,800=
Distributable reserves133-€21,208€20,960€20,960€20,960=
Profit (loss) carried forward14----€20,154-€45,572▼ 126%
Amounts payable17/49€23,915€15,888€10,131€1.2m€1.2m▼ 2.4%
Amounts payable after more than one year17€14,078€5,221-€1.2m€1.1m▼ 4.8%
Financial debts170/4-€5,221-€1.2m€1.1m▼ 4.8%
Amounts payable within one year42/48€9,837€10,667€10,131€63,959€90,712▲ 41.8%
Current portion of amounts payable after more than one year42-€8,857€5,221-€35,019-
Trade debts44€417€82€515€61,639--
Suppliers440/4-€82€515€61,639--
Taxes, remuneration and social security45-€892€3,299€2,117--
Taxes450/3-€892€3,299€2,117--
Other amounts payable47/48-€837€1,097€203€55,693▲ 27,313%
Line20202021202220232024Change
Profit (loss) for the period9904-€9,552-€4,768-€248-€20,154-€25,418▼ 26.1%
+ Depreciation and write-downs630€12,085€11,201€10,305€11,151€43,824▲ 293%
Operating cash flow (approximation)€2,534€6,433€10,057-€9,004€18,406▲ 304%
Investment in fixed assets (approximation)--€2,450€0-€1.3m€0▲ 100%
Change in cash--€6,742--€2,344-

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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Timeline · acts, filings and financial milestones

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€25,418
Net result drops to -€25,418, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Kontich · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
289 m²
Building footprint
254 m²
Volume, LiDAR
1,686 m³
Parcel 11024B0257/00B002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
VRIJDAG
Mechelsesteenweg 22, 2550 KontichManufacture of rubber and plastic products
since 20012.101.327.034
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024B0257/00B002 Flanders 289 m² 1 · 254 m² 10.1 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 2,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land

Scores and ratios are computed by Checked and are not a credit decision.