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NILORN BELGIUM

Active
Public limited companyfounded 1947active for 78 yearsBrusselsesteenweg 525, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0400.326.423
Summary

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 has been growing by about 7.4% per year since 2018. Its solvency ranks better than 77% of 195 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-11-1947 Normal situation
Activity
Manufacture of textiles NACE 13100and 1 other
Joint committees
120 Paritair Comité voor de textielnijverheid
214 Paritair Comité voor de bedienden van de textielnijverheid · annual accounts 2021
Establishment unit
2.003.095.728 9090 Merelbeke-Melle, since 01-11-1947
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
  • Van Trimpont BartManaging director
  • Clason FredrikDirector · since 13-05-2021
  • Magnusson KristerDirector · since 13-05-2021
Auditor
Audit Van Goolen BV

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€2.1m
▼ 8.8%
Loss
€56,564
Equity
€2.1m
▼ 2.6%
Total assets
€2.8m
▼ 2.4%
Employees on 31-12-2025
9
▼ 10.0%
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises 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 stronger than 43% of micro companies in textiles (NACE 13)
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 within 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).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 0.2% 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 11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.13 (4.15 in 2024), above the usual 1.5. Short-term debt is 23.9% and cash 2.5% of total assets. 23.9% of the assets are financed with debt and provisions.
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 13, micro). It does better than 88% of them on solvency, 33% on liquidity, 18% on profitability and 34% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 4.13, cash €70,151, halved
NBB · annual accounts
raises risk · Loss of €56,564 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €2.1m (76.1% of total assets)
NBB · annual accounts
raises risk · Size: turnover €2.1m, 8.4 FTE, total assets €2.8m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation 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

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €302,812 in 2024 -€56,564 View
  • Positive: 3rd oldest company in East Flanders, Textiles sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Permanent representative: Bert Van GoolenReappointment: AUDIT VAN GOOLEN BV (statutory auditor)
  2. · Gazette deed Reappointments: Van goolen (auditor) and Van Trimpont Bart (afgevaardigd bestuurder)
All 16 events

Comparable companies

These companies have the same main activity as NILORN BELGIUM: manufacture of textiles (NACE 13100). They are comparable in size and age: total assets between €2.2m and €11m, founded between 1949 and 1970.

CompanyTotal assetsTurnover
NILORN BELGIUM Merelbeke-Melle€2.8m€2.1m
Spillebeen Wielsbeke€2.2m-
PICAVET Zulte€7.9m-
Rubis Izegem€2.6m-
LEFEBRE Tielt€6.7m-
LUC TACK Wielsbeke€11.3m€12.2m
Sonalex Waregem€7.0m-
Full comparison

Key facts about NILORN BELGIUM

What is the company number of NILORN BELGIUM?
The company number of NILORN BELGIUM is 0400.326.423. The VAT number is the same 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?
The legal form of NILORN BELGIUM is Public limited company (NV).
When was NILORN BELGIUM founded?
NILORN BELGIUM was 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?
NILORN BELGIUM had an average of 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NILORN BELGIUM fall under?
In its 2021 annual accounts, NILORN BELGIUM states joint committees 120 (Paritair Comité voor de textielnijverheid) and 214 (Paritair Comité voor de bedienden van de textielnijverheid).
What is the turnover of NILORN BELGIUM?
The turnover of NILORN BELGIUM was €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?
NILORN BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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