Nikolay
ActiveSummary
The computed 12-month bankruptcy probability of Nikolay is 2.0% (moderate). The 2024 annual accounts show equity of €38,926 and a net result of €10,725. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 18940 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability75=
Solvency43▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.01 in 2023; short-term debt: 62.8% and cash: 7.5% of total assets), and 82.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
17.7%
Return on assets
4.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
64 d late
2022
17 d late
2021
47 d early
2020
27 d late
2019
53 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 33 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€38,926▲ 38.0%
2023 · €28,201
Total assets
€219,832▲ 28.3%
2023 · €171,301
Net result
€10,725▼ 22.4%
2023 · €13,818
Working capital
€9,072▲ 860%
2023 · €945
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,594€8,491▼ 60.7%€16▼ 99.8%€24,105▲ 154,720%€25,452▲ 5.6%
Net result€17,785above the sector's middle half€2,603within the sector's middle half▼ 85.4%-€6,587within the sector's middle half€13,818within the sector's middle half€10,725within the sector's middle half▼ 22.4%
Equity€18,368within the sector's middle half▼ 22.7%€20,970within the sector's middle half▲ 14.2%€14,383within the sector's middle half▼ 31.4%€28,201within the sector's middle half▲ 96.1%€38,926within the sector's middle half▲ 38.0%
Total assets€103,265within the sector's middle half▼ 12.8%€141,738within the sector's middle half▲ 37.3%€141,286within the sector's middle half▼ 0.3%€171,301within the sector's middle half▲ 21.2%€219,832within the sector's middle half▲ 28.3%
Debt€84,898▼ 16.4%€120,768▲ 42.3%€126,903▲ 5.1%€143,100▲ 12.8%€180,906▲ 26.4%
Working capital-€44,826below the sector's middle half▼ 15.3%-€31,793below the sector's middle half▲ 29.1%-€42,889below the sector's middle half▼ 34.9%€945within the sector's middle half€9,072within the sector's middle half▲ 860%
Solvency17.8%within the sector's middle half▼ 2.3pp14.8%within the sector's middle half▼ 3.0pp10.2%within the sector's middle half▼ 4.6pp16.5%within the sector's middle half▲ 6.3pp17.7%within the sector's middle half▲ 1.2pp
Current ratio0.30below the sector's middle half▼ 0.250.67within the sector's middle half▲ 0.370.61within the sector's middle half▼ 0.071.01within the sector's middle half▲ 0.401.07within the sector's middle half▲ 0.06
Return on assets (ROA)17.2%within the sector's middle half▲ 36.8pp1.8%within the sector's middle half▼ 15.4pp-4.7%within the sector's middle half▼ 6.5pp8.1%within the sector's middle half▲ 12.7pp4.9%within the sector's middle half▼ 3.2pp
Staff (FTE)3.6within the sector's middle half▼ 47.1%6.8▲ 88.9%11.3▲ 66.2%3.3▼ 70.8%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219,832
Fixed assets
€72,700 ▲ 16.6%
Current assets
€147,132 ▲ 35.0%
Equity and liabilities €219,832
Equity
€38,926 ▲ 38.0%
Debt
€180,906 ▲ 26.4%
Debt's share of the balance-sheet total falls from 83.5% to 82.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53,983▲
2023 · €37,253
Cash flow
€39,256▲
2023 · €26,966
Quick ratio
1.02▲
2023 · 0.85
Debt to equity
4.65▼
2023 · 5.07
ROE
27.6%▼
2023 · 49.0%
Interest coverage
7.14▲
2023 · 5.56
Debt ≤ 1 year
€138,060▲
2023 · €108,002
Debt > 1 year
€42,846▲
2023 · €34,722
Income taxes
€7,187▲
2023 · €4,523
Staff costs
€150,006▲
2023 · €127,432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,504 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
1.6%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 4,504 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €26,542 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €60,260 | €140,168 | €127,432 | €150,006 | ▲ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,138 | €11,944 | €13,008 | €13,148 | €28,531 | ▲ 117% |
| Other operating charges640/8 | - | €753 | €4,245 | €5,449 | €1,344 | ▼ 75.3% |
| Non-recurring operating charges66A | - | €13,000 | €8,100 | - | - | - |
| Gross operating margin9900 | €105,901 | €94,449 | €165,536 | €170,134 | €205,333 | ▲ 20.7% |
| Operating profit (loss)9901 | €21,594 | €8,491 | €16 | €24,105 | €25,452 | ▲ 5.6% |
| Financial income75/76B | - | €1,759 | €864 | €932 | €25 | ▼ 97.3% |
| Recurring financial income75 | €418 | €1,759 | €864 | €932 | €25 | ▼ 97.3% |
| Financial charges65/66B | - | €7,147 | €6,892 | €6,696 | €7,565 | ▲ 13.0% |
| Recurring financial charges65 | €3,614 | €7,147 | €6,892 | €6,696 | €7,565 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €18,399 | €3,102 | -€6,012 | €18,341 | €17,912 | ▼ 2.3% |
| Income taxes67/77 | €614 | €500 | €575 | €4,523 | €7,187 | ▲ 58.9% |
| Profit (loss) for the period9904 | €17,785 | €2,603 | -€6,587 | €13,818 | €10,725 | ▼ 22.4% |
| Profit (loss) for the period to be appropriated9905 | €17,785 | €2,603 | -€6,587 | €13,818 | €10,725 | ▼ 22.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,265 | €141,738 | €141,286 | €171,301 | €219,832 | ▲ 28.3% |
| Fixed assets21/28 | €83,986 | €77,083 | €75,501 | €62,353 | €72,700 | ▲ 16.6% |
| Tangible fixed assets22/27 | €73,778 | €66,875 | €65,293 | €52,145 | €62,492 | ▲ 19.8% |
| Plant, machinery and equipment23 | - | €29,694 | €26,026 | €20,290 | €32,364 | ▲ 59.5% |
| Furniture and vehicles24 | - | €12,919 | €18,316 | €15,393 | €12,543 | ▼ 18.5% |
| Other tangible fixed assets26 | - | €24,261 | €20,951 | €16,461 | €17,585 | ▲ 6.8% |
| Financial fixed assets28 | €10,208 | €10,208 | €10,208 | €10,208 | €10,208 | = |
| Current assets29/58 | €19,279 | €64,656 | €65,785 | €108,948 | €147,132 | ▲ 35.0% |
| Stocks and contracts in progress3 | €12,480 | €11,750 | €17,000 | €17,000 | €6,000 | ▼ 64.7% |
| Stocks30/36 | - | €11,750 | €17,000 | €17,000 | €6,000 | ▼ 64.7% |
| Amounts receivable within one year40/41 | €5,036 | €47,362 | €48,614 | €90,440 | €124,641 | ▲ 37.8% |
| Trade receivables40 | - | €27,365 | €35,000 | €65,712 | €75,775 | ▲ 15.3% |
| Other amounts receivable41 | - | €19,997 | €13,614 | €24,728 | €48,866 | ▲ 97.6% |
| Cash at bank and in hand54/58 | €103 | €4,455 | €172 | €279 | €16,491 | ▲ 5,801% |
| Deferred charges and accrued income490/1 | - | €1,089 | €0 | €1,228 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,265 | €141,738 | €141,286 | €171,301 | €219,832 | ▲ 28.3% |
| Equity10/15 | €18,368 | €20,970 | €14,383 | €28,201 | €38,926 | ▲ 38.0% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €3,771 | €3,771 | €3,771 | €3,771 | €3,771 | = |
| Non-distributable reserves130/1 | - | €205 | €205 | €205 | €205 | = |
| Reserves not available under the articles1311 | - | €205 | €205 | €205 | €205 | = |
| Tax-exempt reserves132 | - | - | - | - | €3,566 | - |
| Distributable reserves133 | - | €3,566 | €3,566 | €3,566 | - | - |
| Profit (loss) carried forward14 | -€5,403 | -€2,801 | -€9,388 | €4,430 | €15,155 | ▲ 242% |
| Amounts payable17/49 | €84,898 | €120,768 | €126,903 | €143,100 | €180,906 | ▲ 26.4% |
| Amounts payable after more than one year17 | €20,792 | €24,320 | €18,229 | €34,722 | €42,846 | ▲ 23.4% |
| Financial debts170/4 | - | €24,320 | €18,229 | €34,722 | €42,846 | ▲ 23.4% |
| Amounts payable within one year42/48 | €64,105 | €96,448 | €108,675 | €108,002 | €138,060 | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | - | €20,983 | €16,307 | €10,581 | €16,133 | ▲ 52.5% |
| Financial debts43 | - | €18,561 | €36,118 | €11,335 | €22,265 | ▲ 96.4% |
| Credit institutions430/8 | - | €18,561 | €36,118 | €11,335 | €22,265 | ▲ 96.4% |
| Trade debts44 | €8,967 | €31,682 | €21,260 | €41,681 | €52,169 | ▲ 25.2% |
| Suppliers440/4 | - | €31,682 | €21,260 | €41,681 | €52,169 | ▲ 25.2% |
| Advances received on contracts in progress46 | - | €375 | €375 | - | - | - |
| Taxes, remuneration and social security45 | - | €24,848 | €34,615 | €44,405 | €47,493 | ▲ 7.0% |
| Taxes450/3 | - | €11,184 | €11,705 | €14,472 | €23,784 | ▲ 64.4% |
| Remuneration and social security454/9 | - | €13,663 | €22,910 | €29,933 | €23,709 | ▼ 20.8% |
| Other amounts payable47/48 | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €375 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,785 | €2,603 | -€6,587 | €13,818 | €10,725 | ▼ 22.4% |
| + Depreciation and write-downs630 | €11,138 | €11,944 | €13,008 | €13,148 | €28,531 | ▲ 117% |
| Operating cash flow (approximation) | €28,923 | €14,547 | €6,420 | €26,966 | €39,256 | ▲ 45.6% |
| Investment in fixed assets (approximation) | - | -€5,041 | -€11,426 | €0 | -€38,878 | - |
| Change in cash | - | €4,352 | -€4,283 | €108 | €16,212 | ▲ 14,950% |
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
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Back to profitnet €13,818
Net result €13,818 after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €17,785
Net result €17,785 after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet -€23,188
Net result drops to -€23,188, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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.
Directors · office · real estate
Directors
3 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, Zoersel · 1 establishment unit since 2016
Ground area
1,176 m²
Building footprint
386 m²
Volume, LiDAR
1,748 m³
Parcel 11453I0297/00V000, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nikolay
since 20162.255.492.993
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0297/00V000 | Flanders | 1,175 m² | 1 · 386 m² | 10.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoersel2.255.492.993
Dual-learning approval
9 endedHulpkelner (so)
Hulpkelner (vwo)
Hulpkelner duaal (so)
Hulpkok (so)
Kelner (so)
Keukenmedewerker (so)
Show 3 more
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (so)
Similar companies · same sector, comparable size
NEW BRIQUE
BE 0794.742.576
Beersel · Eq €38,917
Fortunati
BE 0401.174.776
Châtelet · Eq €38,912
MASU
BE 0724.750.940
Mons · Eq €38,905
Aangebrand
BE 0898.107.261
Gent · Eq €38,948
YVISA
BE 0700.411.759
Waterloo · Eq €38,902
Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,706 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
Founded01-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0657919326
Registered
15-01-2026
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.