Summary
NIKAFIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €240k and a net result of €-821k. Equity is growing by ~108.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 8048 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
120 d late
2023
on the day
2022
36 d early
2021
42 d late
2020
on the day
2019
2 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date Which other companies resemble this one?Lookalike companies
Financials · fiscal year 2025, micro schema
Equity
€240k▼ 79.3%
2024 · €1.16M
Net result
€-821k▼ 611%
2024 · €-115k
Total assets
€245k▼ 78.9%
2024 · €1.16M
Solvency
97.8%▼ 2.2pp
2024 · 99.9%
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
Line20212022202320242025
Operating result€92k▲ 2,487%€68k▼ 26.8%€71k▲ 4.7%€-112k€-820k▼ 632%
Net result€813k▲ 19,629%€54k▼ 93.4%€1.78M▲ 3,221%€-115k€-821k▼ 611%
Equity€230k▲ 502%€266k▲ 15.6%€1.80M▲ 576%€1.16M▼ 35.6%€240k▼ 79.3%
Total assets€826k▲ 799%€322k▼ 61.0%€1.83M▲ 467%€1.16M▼ 36.4%€245k▼ 78.9%
Debt€596k▲ 1,011%€56k▼ 90.6%€25k▼ 54.4%€747▼ 97.1%€6k▲ 637%
Working capital€209k▲ 1,112%€226k▲ 7.9%€1.80M▲ 698%€1.16M▼ 35.6%€240k▼ 79.3%
Solvency27.9%▼ 13.8pp82.7%▲ 54.8pp98.6%▲ 15.9pp99.9%▲ 1.3pp97.8%▼ 2.2pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €820k in 2025 against €112k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €245k
Equity
€240k ▼ 79.3%
Debt
€6k ▲ 637%
Debt's share of the balance-sheet total rises from 0.1% to 2.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-342.2%▼
2024 · -9.9%
ROA
-334.5%▼
2024 · -9.9%
Debt ≤ 1 year
€6k▲
2024 · €747
Income taxes
€431
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €410 | €410 | €1k | €3k | ▲ 166% |
| Non-recurring operating charges66A | - | - | - | - | €795k | - |
| Gross operating margin9900 | €92k | €68k | €71k | €-111k | €-22k | ▲ 79.8% |
| Operating profit (loss)9901 | €92k | €68k | €71k | €-112k | €-820k | ▼ 632% |
| Financial income75/76B | - | €7k | €1.73M | - | €0 | - |
| Recurring financial income75 | €747k | €7k | €1.73M | - | €0 | - |
| Non-recurring financial income76B | - | - | €1.73M | - | €0 | - |
| Financial charges65/66B | - | €1k | €153 | €3k | €120 | ▼ 96.4% |
| Recurring financial charges65 | €87 | €1k | €153 | €3k | €120 | ▼ 96.4% |
| Non-recurring financial charges66B | - | - | - | - | €120 | - |
| Profit (loss) for the period before taxes9903 | €839k | €73k | €1.80M | €-115k | €-820k | ▼ 611% |
| Income taxes67/77 | €26k | €20k | €19k | - | €431 | - |
| Profit (loss) for the period9904 | €813k | €54k | €1.78M | €-115k | €-821k | ▼ 611% |
| Profit (loss) for the period to be appropriated9905 | €813k | €54k | €1.78M | €-115k | €-821k | ▼ 611% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €826k | €322k | €1.83M | €1.16M | €245k | ▼ 78.9% |
| Fixed assets21/28 | €21k | €86k | - | - | - | - |
| Financial fixed assets28 | €21k | €86k | - | - | - | - |
| Current assets29/58 | €805k | €237k | €1.83M | €1.16M | €245k | ▼ 78.9% |
| Amounts receivable after more than one year29 | - | - | €888k | €563k | €114k | ▼ 79.7% |
| Other amounts receivable291 | - | - | €888k | €563k | €114k | ▼ 79.7% |
| Amounts receivable within one year40/41 | €242k | €149k | €664k | €441k | €62k | ▼ 85.9% |
| Other amounts receivable41 | - | €149k | €664k | €441k | €62k | ▼ 85.9% |
| Cash at bank and in hand54/58 | €563k | €87k | €275k | €158k | €69k | ▼ 56.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €826k | €322k | €1.83M | €1.16M | €245k | ▼ 78.9% |
| Equity10/15 | €230k | €266k | €1.80M | €1.16M | €240k | ▼ 79.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €212k | €248k | €1.78M | €1.26M | €1.16M | ▼ 8.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €246k | €1.78M | €1.26M | €1.16M | ▼ 8.0% |
| Profit (loss) carried forward14 | - | - | - | €-115k | €-936k | ▼ 711% |
| Amounts payable17/49 | €596k | €56k | €25k | €747 | €6k | ▲ 637% |
| Amounts payable within one year42/48 | €596k | €11k | €25k | €747 | €6k | ▲ 637% |
| Trade debts44 | €67 | €231 | €66 | €599 | €3k | ▲ 431% |
| Suppliers440/4 | - | €231 | €66 | €599 | €3k | ▲ 431% |
| Taxes, remuneration and social security45 | - | €11k | €25k | €148 | - | - |
| Taxes450/3 | - | €11k | €25k | €148 | - | - |
| Other amounts payable47/48 | - | - | - | - | €2k | - |
| Accrued charges and deferred income492/3 | - | €45k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €813k | €54k | €1.78M | €-115k | €-821k | ▼ 611% |
| Operating cash flow (approximation) | €813k | €54k | €1.78M | €-115k | €-821k | ▼ 611% |
| Investment in fixed assets (approximation) | - | €-65k | - | - | - | - |
| Change in cash | - | €-476k | €188k | €-117k | €-89k | ▲ 24.0% |
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
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-821k
Net result drops to €-821k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
30-06
Financial
Liquidity times 22current ratio 1555.61
Current ratio from 71.75 to 1555.61; short-term debt falls from €25k to €747.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €1.78M ▲3,221%
Net result €1.78M, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 71.75
Current ratio from 21.86 to 71.75.
30-06
Financial
Equity above €1MEq €1.80M ▲576%
5 profitable years in a row build equity to €1.80M.
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity times 16current ratio 21.86
Current ratio from 1.35 to 21.86; short-term debt falls from €596k to €11k.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 42 days late
2021
30-06
Financial
Equity above €200kEq €230k ▲502%
3 profitable years in a row build equity to €230k.
Show earlier events
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 105 days late
2018
10-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Hasselt · 1 establishment unit since 2015
Ground area
772 m²
Building footprint
133 m²
Volume, LiDAR
1,010 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Streekveldstraat 26, 3850 Nieuwerkerken (Limb.)
since 20152.248.803.656
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71031A0650/00N000 | Flanders | 602 m² | 1 · 74 m² | 7.4 m · 2 fl. |
| 71327G0646/00S002 | Flanders | 170 m² | 1 · 59 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 13,623 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
Founded13-02-2015
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
Contact
E-mail
karlketelslagers@gmail.comNieuwerkerken (Limb.)
Phone
0495224924Nieuwerkerken (Limb.)
Scores and ratios are computed by Checked and are not a credit decision.