NINAPA
ActiveFrom the official registers: KBO 46 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
NINAPA has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €15,698. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 32% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 10-04-1981 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
- Establishment unit
- 2.018.736.284 3020 Herent, since 01-05-1981
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- MOORKENS NICOLASDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €439,836
- ▼ 14.7%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €15,698
- ▼ 84.2%
- Equity
- €1.1m
- ▲ 1.4%
- Total assets
- €5.4m
- ▼ 6.9%
- Staff
- 2 FTE
- ▼ 16.7%
Score breakdownraises riskLiquidity: current ratio 1.61, cash €122,714, halvedEquity €1.1m (20.7% of total assets)Sector: Retail trade (NACE 47)lowers riskSize: 2 FTE, total assets €5.4mShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 36% of them on solvency, 58% on liquidity, 31% on profitability and 44% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €99,225 to €15,698 ▼ 84.2% View
Comparable companies
These companies have the same main activity as NINAPA: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €4.2m and €7.8m, founded between 1968 and 1990.
| Company | Total assets | Gross margin |
|---|---|---|
| NINAPA Wavre | €5.4m | €0.4m |
| MARTRIS Bilzen-Hoeselt | €4.9m | €0.6m |
| Etablissements Bernard Martin Soignies | €7.8m | €0.6m |
| GARAGE JULES ROBBERECHTS Londerzeel | €5.0m | €0.8m |
| Garage Benaets 4X4 Tongeren-Borgloon | €5.2m | €0.6m |
| AM MICHIELS Willebroek | €4.2m | €0.4m |
| DE RUYTER - HINDRYCKX Torhout | €6.4m | €0.7m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 02-07-2026
- Annual accounts 2024filed on 04-07-2025
- Annual accounts 2023filed on 03-07-2024
- Annual accounts 2022filed on 22-08-2023
Acts in the Belgian Official Gazette
- Resignations & appointments · Miscellaneousact of 03-01-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about NINAPA
- What is the company number of NINAPA?
- The company number of NINAPA is 0421.504.194. The VAT number is the same number with BE in front: BE 0421.504.194.
- Where is NINAPA based?
- The registered office is at Rue d'Angoussart 40, 1301 Wavre.Company details
- What does NINAPA do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of NINAPA?
- The legal form of NINAPA is Public limited company (NV).
- When was NINAPA founded?
- NINAPA was founded on 10-04-1981.
- Is NINAPA still active?
- Yes, NINAPA is an active enterprise in the KBO register.
- How many employees does NINAPA have?
- NINAPA had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NINAPA?
- The turnover in financial year 2025 is ≈ €3.8m. This figure is estimated from the gross margin of €439,836 and 35 comparable companies (NACE 47811). It probably lies between €2.0m and €5.6m. In financial year 2023 turnover was €403,892.
- Is NINAPA profitable?
- In financial year 2025, NINAPA made a profit of €15,698.
- Where can I find the annual accounts of NINAPA?
- NINAPA filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of NINAPA due?
- NINAPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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