NILS FACTORY
ActiveSummary
NILS FACTORY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,425) and a net result of -€21,883. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-45
Solvency15▼-10
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 1.0 in 2024; short-term debt: 110.3% and cash: 0.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-10.3%
Return on assets
-10.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€21,425
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 29-07-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
12 d early
2022
1 d early
2021
3 d early
2020
1 d late
2019
40 d 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 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 29 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€21,425
2024 · €459
Total assets
€208,167▼ 16.2%
2024 · €248,342
Net result
-€21,883
2024 · €17,979
Working capital
-€21,425
2024 · €459
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,363▼ 12.8%€6,555▼ 11.0%-€34,405€19,900-€20,258
Net result€3,386within the sector's middle half▼ 22.5%€2,278within the sector's middle half▼ 32.7%-€38,113below the sector's middle half€17,979within the sector's middle half-€21,883below the sector's middle half
Equity€18,315within the sector's middle half▲ 22.7%€20,593within the sector's middle half▲ 12.4%-€17,520below the sector's middle half€459below the sector's middle half-€21,425below the sector's middle half
Total assets€298,070within the sector's middle half▲ 78.6%€201,893within the sector's middle half▼ 32.3%€188,105within the sector's middle half▼ 6.8%€248,342within the sector's middle half▲ 32.0%€208,167within the sector's middle half▼ 16.2%
Debt€279,755▲ 84.1%€181,299▼ 35.2%€205,625▲ 13.4%€247,884▲ 20.6%€229,591▼ 7.4%
Working capital€90,927within the sector's middle half▼ 26.0%€59,782within the sector's middle half▼ 34.3%-€17,520below the sector's middle half€459within the sector's middle half-€21,425below the sector's middle half
Solvency6.1%below the sector's middle half▼ 2.8pp10.2%within the sector's middle half▲ 4.1pp-9.3%below the sector's middle half▼ 19.5pp0.2%below the sector's middle half▲ 9.5pp-10.3%below the sector's middle half▼ 10.5pp
Current ratio1.44within the sector's middle half▼ 2.421.42within the sector's middle half▼ 0.020.91within the sector's middle half▼ 0.511.00within the sector's middle half▲ 0.090.91below the sector's middle half▼ 0.10
Return on assets (ROA)1.1%within the sector's middle half▼ 1.5pp1.1%within the sector's middle half=-20.3%below the sector's middle half▼ 21.4pp7.2%within the sector's middle half▲ 27.5pp-10.5%below the sector's middle half▼ 17.8pp
Staff (FTE)1.31▼ 23.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20,258 after €19,900 in 2024.
Key figures and ratios
Quick ratio
0.21▼
2024 · 0.28
Debt to equity
-10.72
Debt ≤ 1 year
€229,591▼
2024 · €247,884
Staff costs
€29,136▲
2024 · €27,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,010 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4 | €12 | €0 | ▼ 99.0% |
| Remuneration, social security and pensions62 | - | - | €34,477 | €27,102 | €29,136 | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €372 | €372 | €261 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€10,000 | - | - |
| Other operating charges640/8 | - | €403 | €993 | €695 | €500 | ▼ 28.1% |
| Non-recurring operating charges66A | - | - | €2,415 | €1 | €508 | ▲ 43,703% |
| Gross operating margin9900 | €39,997 | €7,329 | €3,741 | €37,697 | €9,886 | ▼ 73.8% |
| Operating profit (loss)9901 | €7,363 | €6,555 | -€34,405 | €19,900 | -€20,258 | ▼ 202% |
| Financial income75/76B | - | €170 | €2 | - | €1 | - |
| Recurring financial income75 | - | €170 | €2 | - | €1 | - |
| Financial charges65/66B | - | €3,829 | €3,710 | €1,921 | €1,626 | ▼ 15.3% |
| Recurring financial charges65 | €3,977 | €3,829 | €3,710 | €1,921 | €1,626 | ▼ 15.3% |
| Profit (loss) for the period before taxes9903 | €3,386 | €2,896 | -€38,113 | €17,979 | -€21,883 | ▼ 222% |
| Income taxes67/77 | - | €618 | - | - | - | - |
| Profit (loss) for the period9904 | €3,386 | €2,278 | -€38,113 | €17,979 | -€21,883 | ▼ 222% |
| Profit (loss) for the period to be appropriated9905 | €3,386 | €2,278 | -€38,113 | €17,979 | -€21,883 | ▼ 222% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €298,070 | €201,893 | €188,105 | €248,342 | €208,167 | ▼ 16.2% |
| Formation expenses20 | €215 | €31 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €418 | €229 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €418 | €229 | €0 | €0 | €0 | - |
| Plant, machinery and equipment23 | - | €229 | €0 | €0 | €0 | - |
| Current assets29/58 | €297,438 | €201,632 | €188,105 | €248,342 | €208,167 | ▼ 16.2% |
| Stocks and contracts in progress3 | €166,167 | €199,339 | €180,945 | €178,698 | €159,185 | ▼ 10.9% |
| Stocks30/36 | - | €199,339 | €180,945 | €178,698 | €159,185 | ▼ 10.9% |
| Amounts receivable within one year40/41 | €120,466 | - | €4,628 | €67,716 | €48,254 | ▼ 28.7% |
| Trade receivables40 | - | - | €4,607 | €11,768 | €1,487 | ▼ 87.4% |
| Other amounts receivable41 | - | - | €21 | €55,948 | €46,767 | ▼ 16.4% |
| Cash at bank and in hand54/58 | €10,805 | €2,293 | €2,368 | €1,786 | €696 | ▼ 61.0% |
| Deferred charges and accrued income490/1 | - | - | €163 | €144 | €32 | ▼ 77.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €298,070 | €201,893 | €188,105 | €248,342 | €208,167 | ▼ 16.2% |
| Equity10/15 | €18,315 | €20,593 | -€17,520 | €459 | -€21,425 | ▼ 4,771% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€235 | €2,043 | -€36,070 | -€18,091 | -€39,975 | ▼ 121% |
| Amounts payable17/49 | €279,755 | €181,299 | €205,625 | €247,884 | €229,591 | ▼ 7.4% |
| Amounts payable after more than one year17 | €73,245 | €39,450 | - | - | - | - |
| Financial debts170/4 | - | €39,450 | - | - | - | - |
| Amounts payable within one year42/48 | €206,510 | €141,850 | €205,625 | €247,884 | €229,591 | ▼ 7.4% |
| Current portion of amounts payable after more than one year42 | - | €33,795 | €22,287 | - | - | - |
| Financial debts43 | - | - | - | - | €78 | - |
| Credit institutions430/8 | - | - | - | - | €78 | - |
| Trade debts44 | €173,489 | €117 | €109,955 | €230,787 | €224,817 | ▼ 2.6% |
| Suppliers440/4 | - | €117 | €109,955 | €230,787 | €224,817 | ▼ 2.6% |
| Advances received on contracts in progress46 | - | - | - | €1,582 | €220 | ▼ 86.1% |
| Taxes, remuneration and social security45 | - | €7,077 | €6,499 | €4,469 | €4,477 | ▲ 0.2% |
| Taxes450/3 | - | €7,077 | €85 | €8 | €248 | ▲ 2,865% |
| Remuneration and social security454/9 | - | - | €6,414 | €4,461 | €4,229 | ▼ 5.2% |
| Other amounts payable47/48 | - | €100,861 | €66,883 | €11,046 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,386 | €2,278 | -€38,113 | €17,979 | -€21,883 | ▼ 222% |
| + Depreciation and write-downs630 | €372 | €372 | €261 | - | - | - |
| Operating cash flow (approximation) | €3,758 | €2,650 | -€37,853 | €17,979 | -€21,883 | ▼ 222% |
| Investment in fixed assets (approximation) | - | -€184 | -€31 | €0 | €0 | - |
| Change in cash | - | -€8,512 | €75 | -€583 | -€1,090 | ▼ 87.0% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,979
Net result €17,979 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€38,113
Net result drops to -€38,113, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Back to profitnet €4,371
Net result €4,371 after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.67 to 3.86; short-term debt falls from €176,052 to €42,967.
2019
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Nivelles · 1 establishment unit since 2017
Ground area
705 m²
Building footprint
458 m²
Volume, LiDAR
6,976 m³
Parcel 25782D1202/00Y000, Wallonia · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Boulevard de La Dodaine 56, 1400 Nivelles
since 20172.268.518.313
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782D1202/00Y000 | Wallonia | 705 m² | 1 · 458 m² | 19.0 m · 5 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.
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 146 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
Founded13-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
47559Retail sale of other household articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680997804
Also
9925:BE0680997804
Registered
13-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.