Nikao.co
ActiveNikao.co has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255k and a net result of €83k. Equity is growing by ~47.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency92▲+15
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 4.87 against 3.15 in 2024; short-term debt: 19.4% and cash: 43.6% of total assets), and 33.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.5%
Return on assets
21.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 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 · 3 filingsDeviation from the deadline
2025
25 d late
2024
251 d late
2023
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€255k▲ 48.4%
2024 · €172k
2023: €91k
2024: €172k
2023 → 2025
Total assets
€384k▲ 17.0%
2024 · €328k
2023: €106k
2024: €328k
2023 → 2025
Net result
€83k▲ 3.1%
2024 · €81k
2023: €86k
2024: €81k
2023 → 2025
Working capital
€288k▲ 39.0%
2024 · €207k
2023: €86k
2024: €207k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€91k-€172k▲ 88.7%€255k▲ 48.4%
Operating result€109k-€99k▼ 8.9%€112k▲ 12.3%
Net result€86k-€81k▼ 6.2%€83k▲ 3.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€21k▼ 11.7%
Current assets
€362k▲ 19.3%
Equity and liabilities €384k
Equity
€255k▲ 48.4%
Debt
€128k▼ 17.6%
The debt ratio falls from 47.5% to 33.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▲
2024 · €102k
Cash flow
€88k▲
2024 · €84k
Solvency
66.5%▲
2024 · 52.5%
Current ratio
4.87▲
2024 · 3.15
Quick ratio
4.87▲
2024 · 3.15
Debt / equity
0.50▼
2024 · 0.91
ROE
32.6%▼
2024 · 47.0%
ROA
21.7%▼
2024 · 24.7%
Interest coverage
24.78▼
2024 · 27.23
Debt
€128k▼
2024 · €156k
Debt ≤ 1 year
€74k▼
2024 · €96k
Debt > 1 year
€54k▼
2024 · €59k
Income taxes
€24k▲
2024 · €22k
Staff costs
€4k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€328k€384k▲
Fixed assets21/28€24k€21k▼
Tangible fixed assets22/27€24k€21k▼
Plant, machinery and equipment23€1k€200▼
Furniture and vehicles24€7k€7k▼
Other tangible fixed assets26€16k€14k▼
Current assets29/58€304k€362k▲
Amounts receivable after more than one year29€133k€139k▲
Trade receivables290-€139k
Other amounts receivable291€133k-
Amounts receivable within one year40/41€40k€54k▲
Trade receivables40€40k€43k▲
Other amounts receivable41-€12k
Cash at bank and in hand54/58€128k€167k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€328k€384k▲
Equity10/15€172k€255k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€167k€250k▲
Amounts payable17/49€156k€128k▼
Amounts payable after more than one year17€59k€54k▼
Financial debts170/4€59k€54k▼
Amounts payable within one year42/48€96k€74k▼
Trade debts44€20k€4k▼
Suppliers440/4€20k€4k▼
Advances received on contracts in progress46€22k€18k▼
Taxes, remuneration and social security45€54k€53k▼
Taxes450/3€54k€53k▼
Remuneration and social security454/9€2-
Income statement
Code20242025
Remuneration, social security and pensions62€4k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€127€127=
Gross operating margin9900€106k€120k▲
Operating profit (loss)9901€99k€112k▲
Financial income75/76B€8k€563▼
Recurring financial income75€8k€563▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€103k€107k▲
Income taxes67/77€22k€24k▲
Profit (loss) for the period9904€81k€83k▲
Profit (loss) for the period to be appropriated9905€81k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€167k€250k▲
Profit (loss) brought forward from the previous period14P€86k€167k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 251 days late
2025
31-12
Financial
Equity above €200kEq €255k ▲48.4%
3 profitable years in a row build equity to €255k.
2024
31-12
Financial
Weakest financial yearnet €81k ▼6.2%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €172k ▲88.7%
2 profitable years in a row build equity to €172k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Watermaal-Bosvoorde · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Roodborstjestraat 91170 Watermaal-BosvoordeGround area
79 m²
Building footprint
53 m²
Volume, LiDAR
357 m³
Parcel 21652F0062/00V024, Brussels · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Roodborstjestraat 9, 1170 Watermaal-Bosvoorde
since 20232.340.294.848
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652F0062/00V024 | Brussels | 79 m² | 1 · 53 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 38,845 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.