NINACC
ActiveSummary
NINACC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €20k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-5
Solvency77▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.55 in 2024; short-term debt: 47.7% and cash: 66.2% of total assets), and 47.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
52.3%
Return on assets
11.9%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
5 d early
2022
12 d early
2021
44 d early
2020
24 d early
2019
36 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▲ 29.5%
2024 · €68k
2019: €54k
2020: €14k▼ -73.4% vs 2019
2021: €10k▼ -28.1% vs 2020lowest in 7 years
2022: €31k▲ +197% vs 2021
2023: €50k▲ +63.6% vs 2022
2024: €68k▲ +35.4% vs 2023
2025: €88k▲ +29.5% vs 2024highest in 7 years
2019 → 2025
Total assets
€169k▲ 51.2%
2024 · €112k
2019: €65k
2020: €50k▼ -23.2% vs 2019lowest in 7 years
2021: €62k▲ +24.4% vs 2020
2022: €79k▲ +27.2% vs 2021
2023: €79k▲ +0.7% vs 2022
2024: €112k▲ +40.8% vs 2023
2025: €169k▲ +51.2% vs 2024highest in 7 years
2019 → 2025
Net result
€20k▲ 13.0%
2024 · €18k
2019: €7k
2020: €4k▼ -37.8% vs 2019lowest in 7 years
2021: €12k▲ +206% vs 2020
2022: €20k▲ +64.8% vs 2021highest in 7 years
2023: €20k▼ -4.1% vs 2022
2024: €18k▼ -9.0% vs 2023
2025: €20k▲ +13.0% vs 2024
2019 → 2025
Working capital
€87k▲ 29.7%
2024 · €67k
2019: €28k
2020: €-15k▼ -155% vs 2019lowest in 7 years
2021: €-11k▲ +26.8% vs 2020
2022: €19k▲ +270% vs 2021
2023: €43k▲ +128% vs 2022
2024: €67k▲ +56.2% vs 2023
2025: €87k▲ +29.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€31k▲ 197%€50k▲ 63.6%€68k▲ 35.4%€88k▲ 29.5%
2021: €10klowest in 5 years
2022: €31k▲ +197% vs 2021
2023: €50k▲ +63.6% vs 2022
2024: €68k▲ +35.4% vs 2023
2025: €88k▲ +29.5% vs 2024highest in 5 years
Operating result€18k-€28k▲ 60.1%€29k▲ 3.5%€27k▼ 8.8%€30k▲ 11.9%
2021: €18klowest in 5 years
2022: €28k▲ +60.1% vs 2021
2023: €29k▲ +3.5% vs 2022
2024: €27k▼ -8.8% vs 2023
2025: €30k▲ +11.9% vs 2024highest in 5 years
Net result€12k-€20k▲ 64.8%€20k▼ 4.1%€18k▼ 9.0%€20k▲ 13.0%
2021: €12klowest in 5 years
2022: €20k▲ +64.8% vs 2021highest in 5 years
2023: €20k▼ -4.1% vs 2022
2024: €18k▼ -9.0% vs 2023
2025: €20k▲ +13.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€1k ▲ 14.0%
Current assets
€168k ▲ 51.5%
Equity and liabilities €169k
Equity
€88k ▲ 29.5%
Debt
€81k ▲ 85.3%
Debt's share of the balance-sheet total rises from 38.9% to 47.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €27k
Cash flow
€21k▲
2024 · €18k
Current ratio
2.08▼
2024 · 2.55
Debt to equity
0.91▲
2024 · 0.64
ROE
22.8%▼
2024 · 26.1%
ROA
11.9%▼
2024 · 16.0%
Interest coverage
96.40▲
2024 · 86.92
Debt ≤ 1 year
€81k▲
2024 · €44k
Income taxes
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€169k▲
Fixed assets21/28€917€1k▲
Tangible fixed assets22/27€696€825▲
Plant, machinery and equipment23-€453
Furniture and vehicles24€696€371▼
Financial fixed assets28€221€221=
Current assets29/58€111k€168k▲
Amounts receivable within one year40/41€38k€48k▲
Trade receivables40€38k€42k▲
Other amounts receivable41€134€6k▲
Cash at bank and in hand54/58€67k€112k▲
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€112k€169k▲
Equity10/15€68k€88k▲
Contributions10/11€10k€10k=
Reserves13€58k€78k▲
Distributable reserves133€58k€78k▲
Amounts payable17/49€44k€81k▲
Amounts payable within one year42/48€44k€81k▲
Trade debts44€41k€77k▲
Suppliers440/4€41k€77k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€99-
Income statement
Code20242025
Non-recurring operating income76A€532-
Remuneration, social security and pensions62€26k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€403€480▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€55k€32k▼
Operating profit (loss)9901€27k€30k▲
Financial income75/76B€1€9▲
Recurring financial income75€1€9▲
Financial charges65/66B€314€317▲
Recurring financial charges65€314€317▲
Profit (loss) for the period before taxes9903€27k€30k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€18k€20k▲
Profit (loss) for the period to be appropriated9905€18k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€20k▲
Transfer to equity691/2€18k€20k▲
To other reserves6921€18k€20k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €23k | - | €532 | - | - |
| Remuneration, social security and pensions62 | €6k | €29k | - | €26k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €5k | €403 | €480 | ▲ 19.0% |
| Other operating charges640/8 | €2k | €2k | €698 | €2k | €2k | ▼ 16.8% |
| Gross operating margin9900 | €35k | €68k | €35k | €55k | €32k | ▼ 41.8% |
| Operating profit (loss)9901 | €18k | €28k | €29k | €27k | €30k | ▲ 11.9% |
| Financial income75/76B | - | - | - | €1 | €9 | ▲ 938% |
| Recurring financial income75 | - | - | - | €1 | €9 | ▲ 938% |
| Financial charges65/66B | €431 | €990 | €351 | €314 | €317 | ▲ 1.0% |
| Recurring financial charges65 | €431 | €990 | €351 | €314 | €317 | ▲ 1.0% |
| Profit (loss) for the period before taxes9903 | €17k | €27k | €29k | €27k | €30k | ▲ 12.1% |
| Income taxes67/77 | €5k | €7k | €9k | €9k | €10k | ▲ 10.3% |
| Profit (loss) for the period9904 | €12k | €20k | €20k | €18k | €20k | ▲ 13.0% |
| Profit (loss) for the period to be appropriated9905 | €12k | €20k | €20k | €18k | €20k | ▲ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62k | €79k | €79k | €112k | €169k | ▲ 51.2% |
| Fixed assets21/28 | €22k | €12k | €7k | €917 | €1k | ▲ 14.0% |
| Tangible fixed assets22/27 | €21k | €12k | €7k | €696 | €825 | ▲ 18.5% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | - | €453 | - |
| Furniture and vehicles24 | €4k | - | - | €696 | €371 | ▼ 46.7% |
| Other tangible fixed assets26 | €15k | €9k | €5k | - | - | - |
| Financial fixed assets28 | €220 | €220 | €220 | €221 | €221 | = |
| Current assets29/58 | €40k | €67k | €72k | €111k | €168k | ▲ 51.5% |
| Amounts receivable within one year40/41 | €16k | €23k | €36k | €38k | €48k | ▲ 27.0% |
| Trade receivables40 | €15k | €19k | €36k | €38k | €42k | ▲ 10.4% |
| Other amounts receivable41 | €1k | €4k | €101 | €134 | €6k | ▲ 4,759% |
| Cash at bank and in hand54/58 | €22k | €44k | €31k | €67k | €112k | ▲ 67.2% |
| Deferred charges and accrued income490/1 | €2k | €174 | €5k | €6k | €8k | ▲ 31.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62k | €79k | €79k | €112k | €169k | ▲ 51.2% |
| Equity10/15 | €10k | €31k | €50k | €68k | €88k | ▲ 29.5% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Reserves13 | - | €20k | €40k | €58k | €78k | ▲ 34.8% |
| Distributable reserves133 | - | €20k | €40k | €58k | €78k | ▲ 34.8% |
| Amounts payable17/49 | €52k | €48k | €29k | €44k | €81k | ▲ 85.3% |
| Amounts payable within one year42/48 | €52k | €48k | €29k | €44k | €81k | ▲ 85.3% |
| Trade debts44 | €9k | €39k | €18k | €41k | €77k | ▲ 89.6% |
| Suppliers440/4 | €9k | €39k | €18k | €41k | €77k | ▲ 89.6% |
| Taxes, remuneration and social security45 | €7k | €2k | €9k | €3k | €3k | ▲ 25.1% |
| Taxes450/3 | €7k | €2k | €9k | €3k | €3k | ▲ 25.1% |
| Other amounts payable47/48 | €35k | €7k | €2k | €99 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €20k | €20k | €18k | €20k | ▲ 13.0% |
| + Depreciation and write-downs630 | €9k | €9k | €5k | €403 | €480 | ▲ 19.0% |
| Operating cash flow (approximation) | €21k | €29k | €24k | €18k | €21k | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €1k | €0 | €6k | €-609 | ▼ 110% |
| Change in cash | - | €21k | €-12k | €36k | €45k | ▲ 26.7% |
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
08-09
State Gazette act
Shareholding · Legal form clause
Registered office clause · Corporate purpose
13-08
State Gazette act
Incorporation · Founder
Founding capital · Director appointment
03-08
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
25-02
State Gazette act
General meeting · Merger
Capital increase · Share issue
25-02
State Gazette act
General meeting · Merger
Dissolution · Share issue
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €20k ▲64.8%
Net result €20k, the highest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €4k ▼37.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB 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, Olen · 2 establishment units since 2016
Ground area
2,841 m²
Building footprint
940 m²
Volume, LiDAR
4,213 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
NINACC
since 20162.249.611.033
Ninacc
since 20212.324.076.349
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046A0210/00V000 | Flanders | 1,776 m² | 1 · 813 m² | 10.9 m · 1 fl. |
| 13029E0031/00R000 | Flanders | 1,065 m² | 1 · 127 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,588 EUR awarded · 2,648 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 576 EUR | 576 EUR |
| 2024 | 1 | 699 EUR | 834 EUR |
| 2023 | 1 | 648 EUR | 573 EUR |
| 2022 | 1 | 665 EUR | 665 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,430 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
Founded22-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.