Turnover
≈ €230,000 estimated
The accounts state no turnover.
NIREM
Overview
Lifetime
5 annual accounts with figures on one time axispeak €123,649 (2025)
€123,649▲ 7.0%
lowest -€9,402 (2021)
€6,464▼ 71.0%
peak €68,288 (2025)
€68,288▲ 10.5%
€113,111▼ 0.4%
peak 1 FTE (2022)
1 FTEunchanged
Board1 name since 2020
1 directorHERMANN NICOLAS
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Result from €22,265 to €6,464Cash from €13,061 to €4,793
Key points
from the 2025 annual accountsFilings
5 annual accounts since 2021
The last five annual accounts were filed 32 to 38 days before the end of the period.
Checked score
67
Healthy
Financially stronger than 39% of micro companies in advertising and market research (NACE 73)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%▼ -0.5 percentage points vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.8%▼ -0.1 percentage points vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026lowest value
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.4 percentage points vs 07-2026
09-2026: 1.6%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.8%▼ -0.8 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2020
Liquidity: current ratio 0.72, cash €4,793, halved
Size: 1 FTE, total assets €181,399
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
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 73, micro). It does better than 39% of them on solvency, 12% on liquidity, 44% on profitability and 61% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as NIREM has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of NIREM itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for NIREM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.72 (0.45 in 2024), below 1. Short-term debt is 59.9% and cash 2.6% of total assets. 62.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
38 days early
2023
34 days early
2022
32 days early
2021
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 35 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0752685653
First establishment
Avenue Denis Diderot 15, Wavre
Incorporation
published on 20-08-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NIREM Wavre | €181,399 | €123,649 | 37.6% | 1 |
| PSM Staffing Lasne | €176,537 | €133,668 | -11.5% | 1.2 |
| BRILJANT CONSTRUCT Zemst | €158,790 | €92,522 | 42.5% | 2 |
| JLsigns Hasselt | €209,502 | €139,453 | 9.6% | 1.8 |
| StudioThreeSixty Antwerp | €205,085 | €156,575 | 57.7% | 2.6 |
| G Studio Agency Leuven | €165,513 | €104,232 | 95.5% | 0 |
| FANINC HR SOLUTIONS Frasnes-lez-Anvaing | €113,791 | €81,901 | 48.4% | 1 |
These companies have the same main activity as NIREM: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €114,000 and €210,000, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 18-08-2020Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.306.652.2781300 Wavre, since 01-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- €123,649▲ 7.0%
- €6,464▼ 71.0%
- €68,288▲ 10.5%
- €181,399▲ 3.4%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on NIREM
NIREM files the abbreviated format. That format states no turnover. The gross margin rose from €44,635 in 2021 to €123,649 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 23-06-2026, 38 days before the deadline€123,649
▲ 7.0%
€23,572
▼ 13.6%
€6,464
▼ 71.0%
-€30,980
▲ €22,110
37.6%
▲ 2.4 percentage points
0.72
▲ 0.27
The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €170,000 and €450,000.
Balance sheet
balance sheet total €181,399 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
37.6%
Higher than 44% of 2,088 companies in 2025.
0.72
Higher than 21% of 2,005 companies in 2025.
3.6%
Higher than 49% of 2,048 companies in 2025.
NIREM
Middle half of the sector
80% of the sector
Abbreviated accounts in advertising and market research (NACE 73)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€47,909
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
181,399 | 175,369 | 121,276 | 49,893 | 44,274 | |
21/28 |
103,673 | 132,206 | 109,400 | 45,000 | 41,575 | |
22/27 |
28,529 | 77,436 | 101,870 | 45,000 | 41,575 | |
23 |
28,529 | 77,436 | 101,870 | 45,000 | 40,140 | |
24 |
- | - | - | - | 1,436 | |
28 |
75,144 | 54,770 | 7,530 | - | - | |
29/58 |
77,726 | 43,163 | 11,875 | 4,893 | 2,699 | |
40/41 |
70,613 | 28,044 | 2,483 | - | - | |
40 |
70,613 | 18,044 | - | - | - | |
41 |
- | 10,000 | 2,483 | - | - | |
54/58 |
4,793 | 13,061 | 7,426 | 4,893 | 2,699 | |
490/1 |
2,320 | 2,057 | 1,966 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
181,399 | 175,369 | 121,276 | 49,893 | 44,274 | |
10/15 |
68,288 | 61,824 | 24,559 | 8,577 | -7,402 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
12 |
55,000 | 55,000 | 40,000 | 22,104 | - | |
14 |
11,288 | 4,824 | -17,441 | -15,527 | -9,402 | |
17/49 |
113,111 | 113,546 | 96,717 | 41,316 | 51,677 | |
17 |
4,405 | 17,292 | 29,699 | 4,960 | 27,863 | |
170/4 |
4,405 | 17,292 | 29,699 | 4,960 | 27,863 | |
42/48 |
108,705 | 96,254 | 67,018 | 36,357 | 23,814 | |
42 |
12,887 | 12,407 | 16,904 | 11,636 | - | |
44 |
17,956 | 5,908 | 28,377 | 7,595 | 6,139 | |
440/4 |
17,956 | 5,908 | 28,377 | 7,595 | 6,139 | |
45 |
11,740 | 17,274 | 9,571 | 11,065 | 6,721 | |
450/3 |
2,838 | 7,634 | 214 | 2,676 | 2,926 | |
454/9 |
8,902 | 9,640 | 9,358 | 8,389 | 3,795 | |
47/48 |
66,123 | 60,665 | 12,165 | 6,061 | 10,955 | |
| Income statement | ||||||
9900 |
123,649 | 115,571 | 92,877 | 63,277 | 44,635 | |
62 |
47,909 | 45,656 | 44,077 | 45,334 | 27,404 | |
630 |
48,907 | 39,433 | 26,418 | 18,679 | 18,774 | |
640/8 |
3,261 | 3,204 | 18,186 | 1,434 | 6,805 | |
9901 |
23,572 | 27,277 | 4,197 | -2,170 | -8,349 | |
75/76B |
4,124 | 4,240 | 30 | 358 | - | |
75 |
4,124 | 4,240 | 30 | 358 | - | |
65/66B |
2,712 | 3,316 | 1,820 | 1,118 | 1,053 | |
65 |
2,712 | 3,316 | 1,820 | 1,118 | 1,053 | |
9903 |
24,984 | 28,201 | 2,408 | -2,930 | -9,402 | |
67/77 |
18,520 | 5,936 | 4,322 | 3,194 | - | |
9904 |
6,464 | 22,265 | -1,914 | -6,125 | -9,402 | |
9905 |
6,464 | 22,265 | -1,914 | -6,125 | -9,402 | |
| Appropriation of the result | ||||||
9906 |
11,288 | 4,824 | -17,441 | -15,527 | -9,402 | |
14P |
4,824 | -17,441 | -15,527 | -9,402 | - | |
| Social balance sheet | ||||||
9087 |
1 | 1 | 1 | 1 | 0.8 | |
Hours worked1013 |
1,762 | 1,770 | 1,762 | 1,772 | 1,624 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-06-2026 | 2026-00206573 | |
| 31-12-2024 | full format | 23-06-2025 | 2025-00166700 | |
| 31-12-2023 | full format | 27-06-2024 | 2024-00171772 | |
| 31-12-2022 | full format | 29-06-2023 | 2023-00174987 | |
| 31-12-2021 | full format | 29-06-2022 | 2022-20107102 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 72,479 | 66,710 | 30,615 | 16,509 | 10,426 | ||
| 55,371 | 61,698 | 24,503 | 12,554 | 9,372 | ||
| 20,374 | 47,240 | 87,362 | 22,104 | 60,350 | ||
| -8,269 | 5,635 | 2,533 | 2,194 | - | ||
| -30,980 | -53,090 | -55,142 | -31,464 | -21,115 | ||
| 37.6% | 35.3% | 20.3% | 17.2% | -16.7% | ||
| 0.72 | 0.45 | 0.18 | 0.13 | 0.11 | ||
| 1.66 | 1.84 | 3.94 | 4.82 | - | ||
| 9.5% | 36.0% | -7.8% | -71.4% | - | ||
| 3.6% | 12.7% | -1.6% | -12.3% | -21.2% | ||
| 26.73 | 20.12 | 16.83 | 14.77 | 9.90 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 0.8 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | - | - | - | - | 1 |
| Left | - | - | - | - | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €79,832 | - | €60,350 |
| Financial fixed assets | €20,374 | €47,240 | €7,530 | - | - |
| €48,907 | €39,433 | €26,418 | €18,679 | €18,774 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on NIREM
The operating result for 2025 is 14% lower than in 2024.
Debt's share of the balance-sheet total falls from 64.7% to 62.4%. Equity is higher and debt is lower.
Board & ownership
Board
1 directorMandates through the years
1 name, the dashed line is todayHERMANN NICOLAS
Director
Director
Board
Mandates as a list
- HERMANN NICOLAS
- Director, from 18-08-2020 to date
Control
Capital
- Contribution
- €2,000
- Source
- 2025 annual accounts
Network & group
No group
NIREM has no parent and no holdings in its annual accounts. HERMANN NICOLAS is the only director. NIREM shares no director with another company.
Timeline
Timeline
9 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 38 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0752685653
Annual accounts 2024 filed PDFfull format · 38 days before the deadline
2024
Back to profit net €22,265 The net result is €22,265, after 3 loss-making years.
Annual accounts 2023 filed PDFfull format · 34 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 32 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 32 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0752.685.653
- VAT number
- BE 0752.685.653
- Peppol ID
- 0208:0752685653
- Other Peppol ID
- 9925:BE0752685653
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-08-2020
- Financial year
- ends on 31 December
- Peppol
- Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NIREM in French
- Entity type
- Legal entity
Activities
NACEBEL 2025VAT activities
73300
Public relations and communication consultancy main activity
Social security (RSZ) activities
70200
Business and other management consultancy main activity
Joint committees annual accounts 2024
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
70210
Activities of head offices; management consultancy activities main activity
70220
Business consulting
Social security (RSZ) activities
70220
Business consulting main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue Denis Diderot 15 registered office 1300 Wavre 70200 Business and other management consultancy | 01-09-2020 | 2.306.652.278 |
Buildings and parcels at the address
- Ground area
- 838 m²
- Buildings
- 101 m²
- Volume, LiDAR
- 597 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25772H0069/00W011 | 838 m² | 1 · 101 m² | 8.1 m · 2 |