NIPACO-STORME
ActiveNIPACO-STORME has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €469k and a net result of €43k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency77▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.18 in 2024; short-term debt: 16.1% and cash: 2.6% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
52.4%
Return on assets
4.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
1 d early
2022
on the day
2021
3 d late
2020
16 d late
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€469k▲ 10.1%
2024 · €426k
2019: €195k
2020: €237k
2021: €305k
2022: €369k
2023: €425k
2024: €426k
2019 → 2025
Total assets
€895k▲ 2.4%
2024 · €874k
2019: €952k
2020: €900k
2021: €973k
2022: €1.03M
2023: €1.09M
2024: €874k
2019 → 2025
Net result
€43k▼ 15.3%
2024 · €51k
2019: €51k
2020: €41k
2021: €68k
2022: €64k
2023: €56k
2024: €51k
2019 → 2025
Working capital
€73k▲ 143%
2024 · €30k
2019: €-59k
2020: €-118k
2021: €42k
2022: €62k
2023: €80k
2024: €30k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€369k▲ 21.0%€425k▲ 15.1%€426k▲ 0.3%€469k▲ 10.1%
Operating result€98k-€92k▼ 5.4%€79k▼ 14.4%€81k▲ 2.7%€72k▼ 11.8%
Net result€68k-€64k▼ 5.6%€56k▼ 13.1%€51k▼ 8.8%€43k▼ 15.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€677k▲ 0.8%
Current assets
€218k▲ 7.6%
Equity and liabilities €895k
Equity
€469k▲ 10.1%
Debt
€426k▼ 4.9%
The debt ratio falls from 51.3% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▼
2024 · €113k
Cash flow
€73k▼
2024 · €82k
Solvency
52.4%▲
2024 · 48.7%
Current ratio
1.51▲
2024 · 1.18
Quick ratio
0.83▲
2024 · 0.61
Debt / equity
0.91▼
2024 · 1.05
ROE
9.2%▼
2024 · 11.9%
ROA
4.8%▼
2024 · 5.8%
Interest coverage
5.98▼
2024 · 10.02
Debt
€426k▼
2024 · €448k
Debt ≤ 1 year
€144k▼
2024 · €172k
Debt > 1 year
€165k▼
2024 · €212k
Income taxes
€20k▼
2024 · €27k
Staff costs
€351k▼
2024 · €367k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€874k€895k▲
Fixed assets21/28€672k€677k▲
Intangible fixed assets21€3k€0▼
Tangible fixed assets22/27€669k€677k▲
Land and buildings22€647k€637k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€14k€34k▲
Current assets29/58€202k€218k▲
Stocks and contracts in progress3€98k€97k▼
Stocks30/36€98k€50k▼
Contracts in progress37€0€48k▲
Amounts receivable within one year40/41€74k€80k▲
Trade receivables40€53k€64k▲
Other amounts receivable41€21k€16k▼
Cash at bank and in hand54/58€16k€23k▲
Deferred charges and accrued income490/1€14k€17k▲
Equity and liabilities
Total equity and liabilities10/49€874k€895k▲
Equity10/15€426k€469k▲
Contributions10/11€19k€19k=
Reserves13€403k€446k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€403k€446k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€448k€426k▼
Amounts payable after more than one year17€212k€165k▼
Financial debts170/4€212k€165k▼
Amounts payable within one year42/48€172k€144k▼
Current portion of amounts payable after more than one year42€55k€47k▼
Financial debts43€6k€56k▲
Credit institutions430/8€6k€56k▲
Trade debts44€97k€33k▼
Suppliers440/4€97k€33k▼
Taxes, remuneration and social security45€360€564▲
Taxes450/3€191€564▲
Remuneration and social security454/9€168€0▼
Other amounts payable47/48€14k€7k▼
Accrued charges and deferred income492/3€64k€116k▲
Income statement
Code20242025
Non-recurring operating income76A€0€2k▲
Remuneration, social security and pensions62€367k€351k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€30k▼
Other operating charges640/8€11k€11k▲
Gross operating margin9900€491k€463k▼
Operating profit (loss)9901€81k€72k▼
Financial income75/76B€8k€8k▼
Recurring financial income75€8k€8k▼
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€78k€63k▼
Income taxes67/77€27k€20k▼
Profit (loss) for the period9904€51k€43k▼
Profit (loss) for the period to be appropriated9905€51k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€47k▼
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer from equity791/2€50k€0▼
Transfer to equity691/2€51k€43k▼
To other reserves6921€51k€43k▼
Profit to be distributed694/7€50k€0▼
Return on contributions (dividend)694€50k€0▼
Social balance
Average headcount (FTE)90875.45.3▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial
Highest result since 2019net €68k ▲64.2%
Operating result €98k, net result €68k, both a record.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
31-03
Financial
Weakest financial yearnet €41k ▼19.6%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €200kEq €237k ▲21.2%
2 profitable years in a row build equity to €237k.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beernem · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industriepark 478730 BeernemGround area
2,157 m²
Building footprint
899 m²
Volume, LiDAR
4,608 m³
Parcel 31003D0077/00R000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NIPACO-STORME
since 20132.218.672.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0077/00R000 | Flanders | 2,157 m² | 1 · 899 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 105 EUR awarded · 105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
LBM Parket & Deuren
BE 0716.914.033
Dilsen-Stokkem · Eq €469k
SCHOLLAERT
BE 0421.716.309
Aalst · Eq €468k
Idee Home Deconinck
BE 0471.701.892
Zwevegem · Eq €468k
Degroote Timmerwerken
BE 0668.409.182
Diksmuide · Eq €469k
PIA MANU KUNSTAMBACHT DEWAELE
BE 0829.035.739
Ingelmunster · Eq €468k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 6,105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2013
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
43211General electrical installation work
46831Wholesale of construction materials, general range
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.