Checked.be
Active
BE 0820.032.951Private limited company (pre-2019)Open bankruptcy
Ninotax
· 16 yrs active
Conclusion
A bankruptcy procedure is open for Ninotax according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €102k and a net result of €64k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €102k |
| Net result | €64k |
| Active | 16 yrs |
| Board | 1 |
Financial profile
60
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
24
Profitability
100
Solvency
98
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
24
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
20
2021
18
2022
89
2023
100
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.15 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.15 (≥ 1.0)
+5
Leverage
Debt/equity 0.73 (< 1.0)
+10
Profitability
ROE 62% (≥ 10%)
+10
Interest coverage
Interest coverage 456.5× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Bankruptcy
Open bankruptcy
-60
Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-01-2025 with the NBB · fiscal year 2024 · micro schema
€97k
+59.8%
21-24
€64k
+38.1%
21-24
€69k
+27.1%
21-24
€177k
+100.7%
21-24
€102k
+163.2%
21-24
€73k
+638.4%
21-24
€28k
+349.5%
21-24
€74k
+51.2%
21-24
€64k
+65.0%
21-24
€10k
0.0%
21-24
2.15
+71.0%
21-24
2.15
+71.0%
21-24
58.0%
+31.2%
21-24
0.73
-42.6%
21-24
62.0%
-47.5%
21-24
35.9%
-31.2%
21-24
456.47
-17.5%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €97k | €61k | - | €-219 |
| Net profit | €64k | €46k | €-621 | €-27k |
| Cash flow | €69k | €55k | - | €-26k |
| Staff costs | - | - | - | - |
| Income taxes | €28k | €6k | - | - |
| Dividends | - | - | - | - |
| Total assets | €177k | €88k | €638 | €4k |
| Equity | €102k | €39k | €-9k | €-8k |
| Debt | €74k | €49k | €10k | €12k |
| of which ≤ 1y | €64k | €39k | €10k | €11k |
| of which > 1y | €10k | €10k | - | - |
| Working capital | €73k | €10k | €-9k | €-9k |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (micro schema, abbreviated schema), so the columns are not directly comparable.
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 2.15 | 1.26 | 0.07 | 0.16 |
| Quick ratio | 2.15 | 1.26 | 0.07 | 0.16 |
| Working capital ratio | 41.5% | 11.3% | -1406.2% | -254.7% |
| Solvency | 58.0% | 44.2% | -1406.2% | -227.7% |
| Debt / equity | 0.73 | 1.26 | -1.07 | - |
| Long-term debt ratio | 0.10 | 0.27 | - | - |
| Interest coverage | 456.47 | 553.00 | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 35.9% | 52.2% | -97.4% | -734.1% |
| ROE | 62.0% | 118.2% | 6.9% | 322.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €177k | €88k | €638 | €4k |
| Fixed assets | 21/28 | €40k | €39k | - | €2k |
| Tangible fixed assets | 22/27 | €29k | €34k | - | - |
| Financial fixed assets | 28 | €11k | €5k | - | €2k |
| Current assets | 29/58 | €137k | €49k | €638 | €2k |
| Amounts receivable within one year | 40/41 | €110k | €38k | - | - |
| Cash & bank | 54/58 | €27k | €10k | €638 | €2k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €177k | €88k | €638 | €4k |
| Equity | 10/15 | €102k | €39k | €-9k | €-8k |
| Contributions / capital | 10/11 | €19k | €19k | €17k | €17k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €82k | €18k | €-28k | €-27k |
| Amounts payable | 17/49 | €74k | €49k | €10k | €12k |
| Amounts payable after one year | 17 | €10k | €10k | - | - |
| Amounts payable within one year | 42/48 | €64k | €39k | €10k | €11k |
| Trade debts payable within one year | 44 | €36k | €24k | - | €1k |
| Income statement | |||||
| Gross operating margin | 9900 | €99k | €61k | €-508 | €-92 |
| Operating result | 9901 | €91k | €52k | €-584 | €-630 |
| Financial charges | 65 | €213 | €110 | €37 | €109 |
| Result before taxes | 9903 | €91k | €52k | €-621 | €-740 |
| Income taxes | 67/77 | €28k | €6k | - | - |
| Net result for the period | 9904 | €64k | €46k | €-621 | €-740 |
| Result to be appropriated | 9905 | €64k | €46k | €-621 | €-740 |
Directors & mandates
Current directors & mandates
-
Ibrahim Selimhan CamliDirectorState Gazette act 24081170 (29-05-2024)Current16-05-2024 → present
Former directors (1)
-
JNR Advies BVLegal entityDirector· perm. rep.: JNR Holding BV.State Gazette act 24081170 (29-05-2024)Former- → 16-05-2024
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
26-02-2026 → present |
| Curator | ELKE
NATENS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
26-02-2026 → present |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 26-10-2009 |
| Status | Active |
| Postal code | - |
| First insolvency signal | 04-03-2026 |
| Latest insolvency signal | 04-03-2026 |
Establishment units
Ninotax
since 20192.285.764.220
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0727/00C000 | Flanders | 3.7 ha | 1 · 1,636 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
04-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · NINOTAX BV TRICHTERHEI- DEWEG 11, 3500 HASSELT · event 26-02-2026
2025
12-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2021net €64k ▲38.1%
Operating result €91k, net result €64k, both a record.
30-09
Financial
Equity above €100kEq €102k ▲163%
2 profitable years in a row build equity to €102k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
29-05
State Gazette act
Director changes
2023
30-09
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
30-09
Financial
Liquidity times 19current ratio 1.26
Current ratio from 0.07 to 1.26.
12-06
State Gazette act
Registered-office change
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
04-03-2026
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
12-06-2023
Registered-office move
All acts · 2
updated 2 years ago
2024
29-05-2024 1 director appointed, 1 resigning
- Ibrahim Selimhan Camli, Bestuurder
- JNR Holding BV., Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "JNR Holding BV.",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": {
"kbo": null,
"name": "JNR Advies BV",
"address": "6221 KX Maastricht, Avenue Ceramique 221A",
"country": "NL",
"legal_form": "BV"
},
"statutory": null,
"compensated": false,
"effective_date": "2024-05-16",
"evidence_quote": "neemt per direct ontslag als bestuurder en krijgt volledige decharge voor haar mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ibrahim Selimhan Camli",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2024-05-16",
"evidence_quote": "Met eenparigheid van stemmen wordt per direct voor onbepaalde tijd en onbezoldigd als bestuurder benoemd Ibrahim Selimhan Camli",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-29",
"filing_date": "2024-05-21",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-05-16",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0820.032.951",
"name_full": "Ninotax",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ibrahim Selimhan Camli",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}2023
12-06-2023 Registered office moved from Ninove to Rekem
- 9400 Ninove, Geraardsbergsestraat 119 → 3621 Rekem, Rekemerstraat 32 bus 2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "3621 Rekem, Rekemerstraat 32 bus 2",
"city": "Rekem",
"region": "vlaams_gewest",
"street": "Rekemerstraat",
"country": "BE",
"postcode": "3621",
"box_number": "2",
"street_number": "32",
"locality_suffix": null
},
"old_address": {
"raw": "9400 Ninove, Geraardsbergsestraat 119",
"city": "Ninove",
"region": "vlaams_gewest",
"street": "Geraardsbergsestraat",
"country": "BE",
"postcode": "9400",
"box_number": null,
"street_number": "119",
"locality_suffix": null
},
"effective_date": "2023-06-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-06-12",
"filing_date": "2023-06-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-05-19",
"unanimous": true
},
"subject_company": {
"kbo": "0820.032.951",
"name_full": "Ninotax",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "JNR Advies BV",
"person_name": null,
"org_rep_person_name": "Jean Nelissen",
"person_role_at_subject": null
},
"co_filed_documents": []
}Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Names & trade names
| Legal nameNL | Ninotax |