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NILS

Active Private limited companyfounded 2020active for 6 yearsKoninklijke Baan 62, 8670 KoksijdeKBO/BCE: BE 0741.787.803

Lifetime

6 annual accounts with figures on one time axis
peak €285,708 (2021)
€273,377▲ 11.4%
peak €100,875 (2021)
€99,966▲ 137%
peak €282,685 (2023)
€104,966▼ 40.0%
€1.1m▲ 3.2%
peak 2.5 FTE (2020)
-not published
Board3 names since 2020
2 directors and 1 other
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Result from €42,159 to €99,966Resignation: (director) 02-05Dividend €169,844Equity from €174,844 to €104,966Cash from €85,974 to €115,550

Key points

from the 2025 annual accounts

Equity

€104,966 ▼ 40.0%
174,8442024+99,966Profit-169,844Dividend104,9662025

NILS paid out €169,844 in dividends. That is 170% of the 2025 profit.

Result

€99,966 ▲ 137%
€42,2002024€100,0002025

The result rose in 2025 from €42,159 to €99,966.

Turnover

≈ €650,000 estimated

The accounts state no turnover.

Debts

€1.1m 91% of the balance sheet
Financial debts 77%Suppliers 2%Taxes and wages 1%Other 20%

Of this, €257,773 falls due within a year.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 7 to 25 days before the end of the period.

Position in the sector

€99,966

Higher net result than 95% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 875 companies had the same profile as NILS has now. Each dot stands for 3 companies, two years later.

96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 875 companies, not a prediction for NILS. 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

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Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 22-01-2020
  • 50 sharesdeed of 22-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0741787803
Resignation: (director) Director discharge: · General meeting of 01-10-2024 · Gazette deed
Appointment: (director) General meeting of 04-02-2020 · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 22-01-2020 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
NILS Koksijde €1.2m €273,377 8.6% -
ViEr Kortrijk €1.0m €281,329 9.8% -
TISNE Knokke-Heist €0.9m €227,603 0.5% -
UMBERTO Bruges €1.0m €225,591 14.5% 2.6
CHALET WESTHINDER De Haan €1.4m €260,631 61.9% -
RESTAURANT L'ENVIE Lontzen €1.1m €329,738 41.7% -
BOMOBO Ghent €1.2m €348,582 21.7% -

These companies have the same main activity as NILS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €948,000 and €1.4m, founded between 2017 and 2021.

Official details

Source: KBO
Status
Active since 20-01-2020Normal situation
Activity
Full-service restaurantsNACE 56111and 3 others
Joint committee
302Hotels and catering · annual accounts 2024
Establishment unit
2.298.432.4208670 Koksijde, since 20-01-2020
Financial year end
31 December
Peppol
Reachable since 20-11-2025
Company details

Annual accounts 2025

€1.2m▼ 2.8%
Filing
Filed on 24-07-2026, 7 days before the end of the filing period
Financials

Insights on NILS

NILS files the micro format. That format states no turnover. The gross margin rose from €238,775 in 2020 to €273,377 in 2025.

The balance sheet grew most in 2024 through fixed assets, financed with long-term debt.

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 NILS

What is the company number of NILS?
The company number of NILS is 0741.787.803. The VAT number is the same number with BE in front: BE 0741.787.803.
Where is NILS based?
The registered office is at Koninklijke Baan 62, 8670 Koksijde.Company details
What does NILS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of NILS?
NILS is a private limited company (BV).
When was NILS founded?
NILS was founded on 20-01-2020.
Is NILS still active?
Yes, NILS is an active enterprise in the KBO register.
How many employees does NILS have?
NILS had an average of 0.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does NILS fall under?
In its 2024 annual accounts, NILS states joint committee 302 (Hotels and catering).
What is the turnover of NILS?
The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €273,377 and 41 comparable companies (NACE 56111). It probably lies between €560,000 and €770,000.
Is NILS profitable?
In financial year 2025, NILS made a profit of €99,966.
Where can I find the annual accounts of NILS?
NILS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NILS due?
NILS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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