NIKAM
Open bankruptcyA bankruptcy procedure is open for NIKAM according to publications in the Belgian State Gazette; curator: XAVIER IBARRONDO LASA.
Summary
The 2021 annual accounts show equity of €29,751 and a net result of -€5,639.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 26 February 2024
- Supervising judge
- Michel Lequy
- Official Gazette
- 04-03-2024 (pdf) ↗search the document for 2024/108806
Deadlines
- Appeal or third-party opposition until
- passed on 19 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 27 March 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 April 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 26 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Xavier Ibarrondo LasaOff.Park Green Alley,Rue Du Panier Vert 70, 1400 Nivellesxavier.ibarrondo@novalis.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of NIKAM in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
What they do
Manufacture of chemicals and chemical products
NACE 20412NACE 24512
1 site
How big
€218,217total assets 2021
- Staff
- 1 FTE
- Equity
- €29,751
- Loss
- -€5,639
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 1158 d overdue0 of 2 deeds read
Signals- Open bankruptcyFiled after the deadlineShow the evidence
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-08-2022, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2022
not filed
2021
25 d late
2020
60 d early
2019
44 d early
2018
27 d late
2017
26 d early
2016
30 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 8 days before the deadline; the sector median for financial year 2022 is 19 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (1)
- OpeningTribunal de l’entreprise du Brabant…
- Annual accounts filedfiscal year 2021 · micro…
- Weakest financial yearnet -€5,639
Financials
Fiscal year 2021Total assets €218,217Loss -€5,639Solvency 13.6%Liquidity 1.09
Total assets
€218,217▲ 9.0%
2018 - 2021
Net result
-€5,639
2018 - 2021
Equity
€29,751▼ 15.9%
2018 - 2021
Staff (FTE)
1=
2018 - 2021
Financials · fiscal year 2021, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€24,490-€18,188▼ 25.7%€14,602▼ 19.7%€536▼ 96.3%
Net result€16,671-€6,551▼ 60.7%€7,009within the sector's middle half▲ 7.0%-€5,639within the sector's middle half
Equity€21,831-€28,382▲ 30.0%€35,390within the sector's middle half▲ 24.7%€29,751within the sector's middle half▼ 15.9%
Total assets€185,288-€207,964▲ 12.2%€200,164within the sector's middle half▼ 3.8%€218,217within the sector's middle half▲ 9.0%
Debt€163,458-€179,582▲ 9.9%€164,773▼ 8.2%€188,466▲ 14.4%
Working capital€78,031-€58,317▼ 25.3%€40,094within the sector's middle half▼ 31.2%€16,241within the sector's middle half▼ 59.5%
Solvency11.8%-13.6%▲ 1.9pp17.7%within the sector's middle half▲ 4.0pp13.6%within the sector's middle half▼ 4.0pp
Current ratio1.93-1.45▼ 0.481.29within the sector's middle half▼ 0.161.09within the sector's middle half▼ 0.20
Return on assets (ROA)9.0%-3.2%▼ 5.8pp3.5%within the sector's middle half▲ 0.4pp-2.6%within the sector's middle half▼ 6.1pp
Staff (FTE)1.1-1▼ 9.1%1within the sector's middle half=1=
above
within
below
the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2021 is 96% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €208,675
Fixed assets
€6,609 ▼ 46.3%
Current assets
€202,067 ▲ 13.0%
Equity and liabilities €218,217
Equity
€29,751 ▼ 15.9%
Debt
€188,466 ▲ 14.4%
Debt's share of the balance-sheet total rises from 82.3% to 86.4%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€10,503▼
2020 · €24,156
Cash flow
€4,327▼
2020 · €16,563
Quick ratio
0.75▼
2020 · 0.82
Debt to equity
6.33▲
2020 · 0.73
ROE
-19.0%▼
2020 · 19.8%
Interest coverage
2.22
Debt ≤ 1 year
€185,826▲
2020 · €138,798
Debt > 1 year
€2,641▼
2020 · €25,976
Income taxes
€1,464▼
2020 · €3,466
Staff costs
€16,448
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €16,448 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,218 | €8,994 | €9,554 | €9,967 | ▲ 4.3% |
| Other operating charges640/8 | - | - | - | €86 | - |
| Gross operating margin9900 | €84,123 | €78,189 | €76,822 | €27,036 | ▼ 64.8% |
| Operating profit (loss)9901 | €24,490 | €18,188 | €14,602 | €536 | ▼ 96.3% |
| Financial income75/76B | - | - | - | €29 | - |
| Recurring financial income75 | €320 | €240 | €330 | €29 | ▼ 91.4% |
| Financial charges65/66B | - | - | - | €4,740 | - |
| Recurring financial charges65 | €4,910 | €4,223 | €4,457 | €4,740 | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | €19,900 | €14,204 | €10,475 | -€4,175 | ▼ 140% |
| Income taxes67/77 | €3,229 | €7,653 | €3,466 | €1,464 | ▼ 57.8% |
| Profit (loss) for the period9904 | €16,671 | €6,551 | €7,009 | -€5,639 | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | €16,671 | €6,551 | €7,009 | -€5,639 | ▼ 180% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €185,288 | €207,964 | €200,164 | €218,217 | ▲ 9.0% |
| Formation expenses20 | €3,953 | €2,635 | €8,963 | €9,542 | ▲ 6.5% |
| Fixed assets21/28 | €19,840 | €17,716 | €12,309 | €6,609 | ▼ 46.3% |
| Tangible fixed assets22/27 | €19,600 | €17,476 | €12,069 | €6,369 | ▼ 47.2% |
| Plant, machinery and equipment23 | - | - | - | €1,469 | - |
| Leasing and similar rights25 | - | - | - | €4,900 | - |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | = |
| Current assets29/58 | €161,495 | €187,613 | €178,891 | €202,067 | ▲ 13.0% |
| Stocks and contracts in progress3 | €53,790 | €68,274 | €65,672 | €62,933 | ▼ 4.2% |
| Stocks30/36 | - | - | - | €62,933 | - |
| Amounts receivable within one year40/41 | €106,500 | €117,333 | €106,191 | €137,531 | ▲ 29.5% |
| Trade receivables40 | - | - | - | €83,550 | - |
| Other amounts receivable41 | - | - | - | €53,981 | - |
| Cash at bank and in hand54/58 | €776 | €1,238 | €7,029 | €602 | ▼ 91.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,000 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €185,288 | €207,964 | €200,164 | €218,217 | ▲ 9.0% |
| Equity10/15 | €21,831 | €28,382 | €35,390 | €29,751 | ▼ 15.9% |
| Contributions10/11 | €38,688 | €38,688 | - | €38,688 | - |
| Outside capital11 | - | - | - | €38,688 | - |
| Other1109/19 | - | - | - | €38,688 | - |
| Profit (loss) carried forward14 | -€16,857 | -€10,306 | -€3,298 | -€8,937 | ▼ 171% |
| Amounts payable17/49 | €163,458 | €179,582 | €164,773 | €188,466 | ▲ 14.4% |
| Amounts payable after more than one year17 | €79,994 | €50,286 | €25,976 | €2,641 | ▼ 89.8% |
| Financial debts170/4 | - | - | - | €2,641 | - |
| Amounts payable within one year42/48 | €83,464 | €129,296 | €138,798 | €185,826 | ▲ 33.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,497 | - |
| Financial debts43 | - | - | - | €5,673 | - |
| Credit institutions430/8 | - | - | - | €5,673 | - |
| Trade debts44 | €31,428 | €33,904 | €42,962 | €64,241 | ▲ 49.5% |
| Suppliers440/4 | - | - | - | €64,241 | - |
| Taxes, remuneration and social security45 | - | - | - | €70,955 | - |
| Taxes450/3 | - | - | - | €66,698 | - |
| Remuneration and social security454/9 | - | - | - | €4,257 | - |
| Other amounts payable47/48 | - | - | - | €40,459 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,671 | €6,551 | €7,009 | -€5,639 | ▼ 180% |
| + Depreciation and write-downs630 | €6,218 | €8,994 | €9,554 | €9,967 | ▲ 4.3% |
| Operating cash flow (approximation) | €22,889 | €15,545 | €16,563 | €4,327 | ▼ 73.9% |
| Investment in fixed assets (approximation) | - | -€6,870 | -€4,147 | -€4,267 | ▼ 2.9% |
| Change in cash | - | €462 | €5,790 | -€6,426 | ▼ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Mu-Tec
BE 0668.842.813
Lendelede · Eq €31,414
VANCLEAN CHEMICALS
BE 0427.760.201
Zulte · Eq €27,178
Nanex Company
BE 0550.959.802
Brussel · Eq €22,813
VINEX
BE 0830.389.383
Kontich · Eq €47,024
Etablissements COLONVAL R.J.M.
BE 0457.586.117
Courcelles · Eq €18,580
Of 88 companies in this sector we hold annual accounts for 57. 18 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER IBARRONDO LASA Off.Park Green Alley,Rue Du Panier Vert 70, 1400 Nivelles |
26-02-2024 → present |
Timeline
12 eventsLatest 04-03-2024
History
Acts, filings and financial milestones
2024
04-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 26-02-2024
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet -€5,639
Net result drops to -€5,639, the lowest in the series.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Company details
Private limited company (pre-2019) · founded 18-01-2007Year ends 31-12Peppol not found1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded18-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
20412Manufacture of chemicals and chemical products
46442Wholesale trade
Contact
Phone
02/395 37 33
Fax
02/395 81 87
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Rebecq · 1 establishment unit since 2007
Ground area
811 m²
Building footprint
110 m²
Volume, LiDAR
758 m³
Parcel 25007B0209/00D000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NIKAM - DIFFUS'R
since 2007unit no. 2.159.119.733
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25007B0209/00D000 | Wallonia | 811 m² | 1 · 110 m² | 9.6 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.
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Manufacture of chemicals and chemical products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.