Financials
- Financial year
- 2025
- Turnover
- €2.1m
- Loss
- -€56,564
- Solvency
- 76.1%
Turnover▼ 8.8%
Net result
20182025
NILORN BELGIUM
ActiveSummary
NILORN BELGIUM has been active since 1947 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€56,564. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 77% of 194 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Manufacture of textiles
NACE 13100Manufacture of textiles NACE 13960
3rd oldest company in East Flanders, Textiles sector1 site
Size
€2.1mturnover 2025
- Staff
- 8.4 FTE
- Equity
- €2.1m
- Loss
- -€56,564
Structure
Auditor: Audit Van Goolen BV2025 accounts 14 days early2 of 16 deeds summarised
Why 85raises riskLiquidity: current ratio 4.13, cash €70,151, halvedLoss of €56,564 (financial year 2025)Size: turnover €2.1m, 8.4 FTE, total assets €2.8mlowers riskEquity €2.1m (76.1% of total assets)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Average
Solvency
100=
equity 76.1% of total assets
Liquidity
44-4
short-term debt 23.9% · cash 2.5%
Profitability
11-63
return on assets -2.1%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
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 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.13, compared with 4.15 in 2024, above the usual 1.5; short-term debt: 23.9% and cash: 2.5% of total assets), and 23.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 13, micro): better than 88% on solvency, 33% on liquidity, 18% on profitability and 34% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
7 days early
2023
16 days early
2022
14 days early
2021
38 days late
2020
4 days early
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% 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 17 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Permanent representative: Bert Van GoolenReappointment: AUDIT VAN GOOLEN BV…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Caution: From profit to loss in 2025after €302,812 in 2024 -€56,564 View
- Positive: 3rd oldest company in East Flanders, Textiles sectorin the Checked rankings No. 3 View
- Active since 1947founded 28-11-1947 78 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
By topic
Board & ownership
- Auditor
- Audit Van Goolen BV
Timeline
- Events
- 55
- Since
- 1978
- Next accounts
- by 31-07-2027
- 31-12-2024Equity above €2m
- 15-07-2024Annual accounts filed
- 31-12-2023Highest result from 2018 to 2025
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of textilesNACE 13100
- Founded
- 28-11-1947
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about NILORN BELGIUM
- What is the company number of NILORN BELGIUM?
- 0400.326.423. In Belgium the VAT number is the company number with BE in front: BE 0400.326.423.
- Where is NILORN BELGIUM based?
- The registered office is at Brusselsesteenweg 525, 9090 Merelbeke-Melle.Company details
- What does NILORN BELGIUM do?
- According to the KBO register, the main activity is manufacture of textiles (NACE 13100).
- What is the legal form of NILORN BELGIUM?
- Public limited company (NV).
- When was NILORN BELGIUM founded?
- On 28-11-1947.
- Is NILORN BELGIUM still active?
- Yes, NILORN BELGIUM is an active enterprise in the KBO register.
- How many employees does NILORN BELGIUM have?
- On average 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NILORN BELGIUM?
- €2.1m in financial year 2025, according to the filed annual accounts.
- Is NILORN BELGIUM profitable?
- In financial year 2025, NILORN BELGIUM made a loss of €56,564.
- Where can I find the annual accounts of NILORN BELGIUM?
- NILORN BELGIUM filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NILORN BELGIUM due?
- By 31-07-2027, for financial year 2026.Timeline
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