NILS
ActiveSummary
The computed 12-month bankruptcy probability of NILS is 3.0% (moderate). The 2025 annual accounts show equity of €104,966 and a net result of €99,966. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 13560 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+6
Solvency34▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.66 against 1.05 in 2024; short-term debt: 21% and cash: 9.4% of total assets), and 91.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.6%
Return on assets
8.2%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
15 d early
2023
7 d early
2022
24 d early
2021
25 d early
2020
8 d early
← 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 14 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€104,966▼ 40.0%
2024 · €174,844
Total assets
€1.2m▼ 2.8%
2024 · €1.3m
Net result
€99,966▲ 137%
2024 · €42,159
Working capital
-€88,393
2024 · €7,334
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€129,323▲ 16.1%€93,438▼ 27.7%€68,400▼ 26.8%€62,005▼ 9.3%€151,865▲ 145%
Net result€100,875▲ 21.5%€66,866▼ 33.7%€51,897▼ 22.4%€42,159▼ 18.8%€99,966▲ 137%
Equity€188,922▲ 115%€255,788▲ 35.4%€282,685▲ 10.5%€174,844▼ 38.1%€104,966▼ 40.0%
Total assets€894,531▲ 65.8%€853,137▼ 4.6%€849,586▼ 0.4%€1.3m▲ 48.3%€1.2m▼ 2.8%
Debt€705,609▲ 56.3%€597,349▼ 15.3%€566,902▼ 5.1%€1.1m▲ 91.5%€1.1m▲ 3.2%
Working capital-€13,966▲ 56.0%€32,942€34,277▲ 4.0%€7,334▼ 78.6%-€88,393
Staff (FTE)1.3▼ 48.0%1.4▲ 7.7%1.3▼ 7.1%0.5▼ 61.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 145% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.1m ▼ 4.9%
Current assets
€169,380 ▲ 12.8%
Equity and liabilities €1.2m
Equity
€104,966 ▼ 40.0%
Debt
€1.1m ▲ 3.2%
Debt's share of the balance-sheet total rises from 86.1% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€230,249▲
2024 · €225,468
Cash flow
€178,350▼
2024 · €205,622
Current ratio
0.66▼
2024 · 1.05
Quick ratio
0.53▼
2024 · 0.86
Debt to equity
10.67▲
2024 · 6.21
ROE
95.2%▲
2024 · 24.1%
ROA
8.2%▲
2024 · 3.3%
Interest coverage
9.56▼
2024 · 23.84
Debt ≤ 1 year
€257,773▲
2024 · €142,814
Debt > 1 year
€862,348▼
2024 · €942,350
Income taxes
€28,666▲
2024 · €12,812
Staff costs
€28,892▲
2024 · €13,429
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 875 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% 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 497,058 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% | 1.6% |
| 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 74% 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 875 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €34,718 | €51,334 | €42,497 | €13,429 | €28,892 | ▲ 115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112,758 | €80,231 | €83,518 | €163,463 | €78,385 | ▼ 52.0% |
| Other operating charges640/8 | €8,909 | €13,790 | €5,959 | €6,590 | €14,236 | ▲ 116% |
| Gross operating margin9900 | €285,708 | €238,792 | €200,374 | €245,487 | €273,377 | ▲ 11.4% |
| Operating profit (loss)9901 | €129,323 | €93,438 | €68,400 | €62,005 | €151,865 | ▲ 145% |
| Financial income75/76B | €127 | €26 | €4,980 | €2,422 | €845 | ▼ 65.1% |
| Recurring financial income75 | €127 | €26 | €4,980 | €2,422 | €845 | ▼ 65.1% |
| Financial charges65/66B | €7,844 | €8,963 | €7,670 | €9,456 | €24,077 | ▲ 155% |
| Recurring financial charges65 | €7,844 | €8,963 | €7,670 | €9,456 | €24,077 | ▲ 155% |
| Profit (loss) for the period before taxes9903 | €121,607 | €84,501 | €65,710 | €54,971 | €128,632 | ▲ 134% |
| Income taxes67/77 | €20,732 | €17,635 | €13,813 | €12,812 | €28,666 | ▲ 124% |
| Profit (loss) for the period9904 | €100,875 | €66,866 | €51,897 | €42,159 | €99,966 | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | €100,875 | €66,866 | €51,897 | €42,159 | €99,966 | ▲ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €894,531 | €853,137 | €849,586 | €1.3m | €1.2m | ▼ 2.8% |
| Fixed assets21/28 | €695,575 | €639,232 | €611,306 | €1.1m | €1.1m | ▼ 4.9% |
| Intangible fixed assets21 | €1,321 | €880 | €440 | €0 | - | - |
| Tangible fixed assets22/27 | €694,254 | €638,352 | €610,865 | €1.1m | €1.1m | ▼ 4.9% |
| Land and buildings22 | €348,828 | €352,775 | €358,035 | €1.1m | €1.0m | ▼ 3.7% |
| Plant, machinery and equipment23 | €64,380 | €46,844 | €30,935 | €24,587 | €14,862 | ▼ 39.6% |
| Furniture and vehicles24 | €38,626 | €25,751 | €40,595 | €21,918 | €16,117 | ▼ 26.5% |
| Other tangible fixed assets26 | €242,420 | €212,982 | €181,300 | €0 | - | - |
| Current assets29/58 | €198,956 | €213,905 | €238,281 | €150,148 | €169,380 | ▲ 12.8% |
| Stocks and contracts in progress3 | €22,397 | €18,261 | €26,515 | €26,842 | €32,252 | ▲ 20.2% |
| Stocks30/36 | €22,397 | €18,261 | €26,515 | €26,842 | €32,252 | ▲ 20.2% |
| Amounts receivable within one year40/41 | €13,561 | €5,544 | €35,067 | €31,169 | €16,034 | ▼ 48.6% |
| Trade receivables40 | €13,187 | €5,544 | €30,852 | €12,941 | €1,633 | ▼ 87.4% |
| Other amounts receivable41 | €374 | €0 | €4,215 | €18,227 | €14,401 | ▼ 21.0% |
| Cash at bank and in hand54/58 | €154,773 | €180,419 | €167,709 | €85,974 | €115,550 | ▲ 34.4% |
| Deferred charges and accrued income490/1 | €8,225 | €9,680 | €8,990 | €6,164 | €5,543 | ▼ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €894,531 | €853,137 | €849,586 | €1.3m | €1.2m | ▼ 2.8% |
| Equity10/15 | €188,922 | €255,788 | €282,685 | €174,844 | €104,966 | ▼ 40.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €183,922 | €250,788 | €277,685 | €169,844 | €99,966 | ▼ 41.1% |
| Distributable reserves133 | €183,922 | €250,788 | €277,685 | €169,844 | €99,966 | ▼ 41.1% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €705,609 | €597,349 | €566,902 | €1.1m | €1.1m | ▲ 3.2% |
| Amounts payable after more than one year17 | €492,687 | €416,386 | €362,008 | €942,350 | €862,348 | ▼ 8.5% |
| Financial debts170/4 | €492,687 | €416,386 | €362,008 | €942,350 | €862,348 | ▼ 8.5% |
| Amounts payable within one year42/48 | €212,922 | €180,963 | €204,004 | €142,814 | €257,773 | ▲ 80.5% |
| Current portion of amounts payable after more than one year42 | €78,465 | €76,300 | €70,701 | €89,658 | €80,003 | ▼ 10.8% |
| Trade debts44 | €23,716 | €30,963 | €49,849 | €31,221 | €19,436 | ▼ 37.7% |
| Suppliers440/4 | €23,716 | €30,963 | €49,849 | €31,221 | €19,436 | ▼ 37.7% |
| Advances received on contracts in progress46 | €9,534 | €11,463 | €14,777 | €15,250 | €16,456 | ▲ 7.9% |
| Taxes, remuneration and social security45 | €51,814 | €53,033 | €31,200 | €6,507 | €10,887 | ▲ 67.3% |
| Taxes450/3 | €48,480 | €42,455 | €24,141 | €2,198 | €7,173 | ▲ 226% |
| Remuneration and social security454/9 | €3,334 | €10,578 | €7,058 | €4,309 | €3,714 | ▼ 13.8% |
| Other amounts payable47/48 | €49,393 | €9,203 | €37,478 | €178 | €130,992 | ▲ 73,305% |
| Accrued charges and deferred income492/3 | - | - | €889 | €225 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €100,875 | €66,866 | €51,897 | €42,159 | €99,966 | ▲ 137% |
| + Depreciation and write-downs630 | €112,758 | €80,231 | €83,518 | €163,463 | €78,385 | ▼ 52.0% |
| Operating cash flow (approximation) | €213,632 | €147,097 | €135,415 | €205,622 | €178,350 | ▼ 13.3% |
| Investment in fixed assets (approximation) | - | -€23,888 | -€55,592 | -€662,243 | -€24,006 | ▲ 96.4% |
| Change in cash | - | €25,646 | -€12,711 | -€81,735 | €29,576 | ▲ 136% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €42,159 ▼18.8%
Net result drops to €42,159, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €255,788 ▲35.4%
3 profitable years in a row build equity to €255,788.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €100,875 ▲21.5%
Net result €100,875, the highest in the series.
31-12
Financial
Equity above €150,000Eq €188,922 ▲115%
2 profitable years in a row build equity to €188,922.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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.
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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, Koksijde · 1 establishment unit since 2020
Ground area
342 m²
Building footprint
226 m²
Volume, LiDAR
2,230 m³
Parcel 38342G0187/00C000, Flanders · tallest building 19.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Nils
since 20202.298.432.420
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38342G0187/00C000 | Flanders | 342 m² | 1 · 226 m² | 19.9 m · 4 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 siteKoksijde2.298.432.420
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,509 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
Founded20-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
55100Hotels and similar accommodation
56210Event catering
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741787803
Also
9925:BE0741787803
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.