NIRAMORE
ActiveSummary
NIRAMORE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.1m and a net result of €1.9m. Equity is growing by about 4.9% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.9m▼ 2.8%
2024 · €2.0m
Working capital
€3.2m▲ 53.4%
2023 · €2.1m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 8% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€1.8m
2025
Net result€1.9m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€36.1m
2025
Equity€36.1m
2025
Debt€0.8m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3.2m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€1.6m-€1.9m▲ 18.3%€0.2m▼ 91.1%€1.5m▲ 770%€3.7m▲ 152%€1.8m▼ 53.2%€2.0m▲ 12.9%€1.8m▼ 7.9%
Net result€1.0m-€1.8m▲ 77.2%-€0.7m€2.2m€3.0m▲ 35.8%€1.8m▼ 40.1%€2.0m▲ 8.7%€1.9m▼ 2.8%
Equity€25.5m-€27.4m▲ 7.2%€26.6m▼ 2.7%€28.9m▲ 8.3%€31.9m▲ 10.5%€32.9m▲ 3.3%€34.1m▲ 3.7%€36.1m▲ 5.6%
Total assets€30.0m-€31.9m▲ 6.4%€31.1m▼ 2.6%€29.5m▼ 5.2%€31.9m▲ 8.1%€33.7m▲ 5.7%€34.9m▲ 3.6%€36.1m▲ 3.3%
Debt€4.5m-€4.5m▲ 1.6%€4.5m▼ 1.7%€0.6m▼ 86.0%€0.8m€0.8m=
Working capital-€1.5m--€0.2m▲ 84.4%-€0.7m▼ 228%€2.6m€2.1m€3.2m▲ 53.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36.1m
Fixed assets
€31.7m ▲ 2.3%
Current assets
€4.4m ▲ 11.3%
Key figures and ratios
Solvency
100.0%▲
2024 · 97.9%
ROE
5.3%▼
2024 · 5.8%
ROA
5.3%▼
2024 · 5.6%
Income taxes
€190,900▼
2024 · €196,300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.05m | €0.05m | €0.06m | €0.05m | €0.07m | ▲ 27.1% |
| Gross operating margin9900 | €1.6m | €1.9m | €0.2m | €1.5m | €3.8m | €1.8m | €2.0m | €1.9m | ▼ 7.0% |
| Operating profit (loss)9901 | €1.6m | €1.9m | €0.2m | €1.5m | €3.7m | €1.8m | €2.0m | €1.8m | ▼ 7.9% |
| Financial income75/76B | - | - | - | €1.0m | €0.06m | €0.04m | €0.6m | €0.3m | ▼ 54.3% |
| Recurring financial income75 | €0.001m | €0.001m | €0.001m | €0.3m | €0.06m | €0.04m | €0.04m | €0.01m | ▼ 64.3% |
| Non-recurring financial income76B | - | - | - | €0.7m | - | - | €0.6m | €0.3m | ▼ 53.6% |
| Financial charges65/66B | - | - | - | €0.03m | €0.5m | -€0.2m | €0.5m | €0.01m | ▼ 97.6% |
| Recurring financial charges65 | €0.5m | -€0.1m | €0.2m | €0.03m | €0.5m | -€0.3m | €0.003m | €0.01m | ▲ 236% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.1m | €0.4m | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €2.0m | -€0.7m | €2.4m | €3.3m | €2.0m | €2.2m | €2.1m | ▼ 2.8% |
| Income taxes67/77 | €0.1m | €0.2m | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 2.8% |
| Profit (loss) for the period9904 | €1.0m | €1.8m | -€0.7m | €2.2m | €3.0m | €1.8m | €2.0m | €1.9m | ▼ 2.8% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €1.8m | -€0.7m | €2.2m | €3.0m | €1.8m | €2.0m | €1.9m | ▼ 2.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €30.0m | €31.9m | €31.1m | €29.5m | €31.9m | €33.7m | €34.9m | €36.1m | ▲ 3.3% |
| Fixed assets21/28 | €27.2m | €27.8m | €27.4m | €26.2m | €27.8m | €30.9m | €31.0m | €31.7m | ▲ 2.3% |
| Financial fixed assets28 | €27.2m | €27.8m | €27.4m | €26.2m | €27.8m | €30.9m | €31.0m | €31.7m | ▲ 2.3% |
| Current assets29/58 | €2.8m | €4.1m | €3.7m | €3.2m | €4.1m | €2.8m | €3.9m | €4.4m | ▲ 11.3% |
| Amounts receivable within one year40/41 | €0.7m | €0.8m | €0.5m | €0.3m | €1.2m | €1.3m | €0.8m | €0.8m | ▲ 0.1% |
| Other amounts receivable41 | - | - | - | €0.3m | €1.2m | €1.3m | €0.8m | €0.8m | ▲ 0.1% |
| Current investments50/53 | €1.5m | €2.8m | €3.1m | €2.8m | €2.8m | €1.5m | €3.1m | €3.3m | ▲ 6.6% |
| Cash at bank and in hand54/58 | €0.6m | €0.6m | €0.2m | €0.1m | €0.1m | €0.003m | €0.03m | €0.3m | ▲ 689% |
| Deferred charges and accrued income490/1 | - | - | - | €219 | €219 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €30.0m | €31.9m | €31.1m | €29.5m | €31.9m | €33.7m | €34.9m | €36.1m | ▲ 3.3% |
| Equity10/15 | €25.5m | €27.4m | €26.6m | €28.9m | €31.9m | €32.9m | €34.1m | €36.1m | ▲ 5.6% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €25.0m | €26.9m | €26.1m | €28.4m | €31.4m | €32.4m | €33.6m | €35.6m | ▲ 5.7% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | €28.3m | €31.3m | €32.4m | €33.6m | €35.5m | ▲ 5.7% |
| Profit (loss) carried forward14 | €0.001m | €0.002m | €0.001m | €0.003m | €0.003m | €0.004m | €0.005m | €0.005m | ▲ 7.7% |
| Amounts payable17/49 | €4.5m | €4.5m | €4.5m | €0.6m | - | €0.8m | €0.8m | - | - |
| Amounts payable within one year42/48 | €4.3m | €4.4m | €4.5m | €0.6m | - | €0.8m | €0.8m | - | - |
| Other amounts payable47/48 | - | - | - | €0.6m | - | €0.8m | €0.8m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €1.8m | -€0.7m | €2.2m | €3.0m | €1.8m | €2.0m | €1.9m | ▼ 2.8% |
| Operating cash flow (approximation) | €1.0m | €1.8m | -€0.7m | €2.2m | €3.0m | €1.8m | €2.0m | €1.9m | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€0.6m | €0.4m | €1.1m | -€1.5m | -€3.1m | -€0.1m | -€0.7m | ▼ 563% |
| Change in cash | - | -€0.04m | -€0.4m | -€0.01m | -€0.03m | -€0.1m | €0.03m | €0.2m | ▲ 650% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00366397 |
| 31-12-2024 | abbreviated format | 15-05-2025 | 2025-00095475 |
| 31-12-2023 | abbreviated format | 12-05-2024 | 2024-00085592 |
| 31-12-2022 | abbreviated format | 24-04-2023 | 2023-00069963 |
| 31-12-2021 | abbreviated format | 30-04-2022 | 2022-20022601 |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22400526 |
| 31-12-2019 | abbreviated format | 15-07-2020 | 2020-31200068 |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-21800432 |
| 31-12-2017 | abbreviated format | 10-08-2018 | 2018-45100498 |
| 31-12-2016 | abbreviated format | 08-08-2017 | 2017-42300364 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.