Equity
€979,799 =
NILFISK paid out €266,227 in dividends. That is 100% of the 2025 profit.
NILFISK
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €19.4m (2022)
€18.3m▼ 2.9%
lowest -€181,969 (2020)
€266,227▼ 43.9%
peak €1.7m (2019)
€979,799unchanged
€5.6m▲ 0.3%
peak 60.5 FTE (2017)
48.4 FTE▲ 2.8%
Board24 names since 2007all names
4 directorsChristopher Riau and 3 others
Owners6 names in the annual accounts
100%Nilfisk A/S and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Result from €474,666 to €266,227Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor) 07-11Resignation: Christian Bork Andersen (director) 11-07Resignation: Reinhard Mayer (director) 02-06Dividend €266,227Investments €68,356
Key points
from the 2025 annual accountsResult
€266,227 ▼ 43.9%
The result fell in 2025 from €474,666 to €266,227.
Debts
€5.6m 83% of the balance sheet
Suppliers 55%Taxes and wages 24%Other 21%
Of this, €5.1m falls due within a year.
Investments
€107,978 3.2 × depreciation
Green is investment, beige is depreciation.
Filings
49 annual accounts since 1977
Five of the last ten came late. The 2017 accounts came latest: 118 days after the end of the period.
Board
2 joined · 2 left
Board changed. Latest change 24-06-2026 · 2 in office.
Checked score
85
Excellent
Financially stronger than 36% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €979,799 (14.6% of total assets)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.29, cash €1.9m
Founded in 1960
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 16% of them on solvency, 52% on liquidity, 43% on profitability and 34% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as NILFISK has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of NILFISK itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for NILFISK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.29 (1.31 in 2024), below the usual 1.5. Short-term debt is 76.5% and cash 28.8% of total assets. 85.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 6192 sector peers (2025).
NBB · sector comparisonPosition among 6192 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
42 days early
2023
51 days early
2022
32 days early
2021
2 days late
2020
30 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Nilfisk A/S 100%annual accounts 2025
- Nilfisk Holding A/S consolidatesannual accounts 2025
Recent changes
2 directors appointed, 2 resignations
Resignations: Carl Bandhold and Christopher Riau · Appointments: Thomas Nielsen and Pieter Jonkman · General meeting of 29-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0403233057
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Ruben De Meyer · General meeting of 27-05-2025 · Gazette deed
Resignation: Christian Bork Andersen (director)
General meeting of 27-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NILFISK Sint-Pieters-Leeuw | €18.3m | 2.2% | 14.6% | 48.4 |
| Bodart en Co. Antwerp | €19.8m | -0.7% | 70.5% | 49.3 |
| TEIN TECHNOLOGY Schaerbeek | €15.2m | 2.1% | 38.0% | 40.9 |
| Nussbaumer et Cie Halle | €18.6m | 7.5% | 60.1% | 28.9 |
| ALELEK Alken | €26.3m | 1.1% | 36.1% | 41.8 |
| ENGELS GROUP Malle | €23.7m | 1.9% | 5.3% | 46.4 |
| PERFORMANCE IN LIGHTING BE Brussels | €9.7m | -8.2% | 58.4% | 29.7 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as NILFISK: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €6.2m and €14m, founded between 1954 and 1975.
Official details
Source: KBO- Status
- Active since 29-12-1960Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 1 other
- Joint committees
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.232.206.6591600 Sint-Pieters-Leeuw, since 01-06-2014
- 2.325.996.8509042 Ghent, since 18-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on NILFISK
NILFISK has existed since 1960. Turnover grew from €12.0m in 2006 to €18.3m in 2025.
Nilfisk A/S holds all the shares. In February 2024, the Official Gazette published the appointment of Peter Jonkman as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NILFISK
- What is the company number of NILFISK?
- The company number of NILFISK is 0403.233.057. The VAT number is the same number with BE in front: BE 0403.233.057.
- Where is NILFISK based?
- The registered office is at Tobie Swalusstraat 48, 1600 Sint-Pieters-Leeuw.Company details
- What does NILFISK do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of NILFISK?
- NILFISK is a public limited company (NV).
- When was NILFISK founded?
- NILFISK was founded on 29-12-1960.
- Is NILFISK still active?
- Yes, NILFISK is an active enterprise in the KBO register.
- How many employees does NILFISK have?
- NILFISK had an average of 48.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NILFISK fall under?
- In its 2025 annual accounts, NILFISK states joint committees 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of NILFISK?
- The turnover of NILFISK was €18.3m in financial year 2025, according to the filed annual accounts.
- Is NILFISK profitable?
- In financial year 2025, NILFISK made a profit of €266,227.
- Where can I find the annual accounts of NILFISK?
- NILFISK filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NILFISK due?
- NILFISK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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