NIRGUA
The computed 12-month bankruptcy probability of NIRGUA is 2.2% (moderate). The 2025 annual accounts show negative equity (€-750k) and a net result of €-950k. Its solvency ranks better than 13% of 233 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-750k |
| Net result | €-950k |
| Staff (FTE) | 19.6 |
| Better than sector | 13% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -19.7% | 14.3% | |
| Net result | €-950k | €21k | |
| Equity | €-750k | €104k | |
| Gross operating margin | €1.26M | €326k | |
| Staff costs | €1.54M | €279k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-330k |
| Net profit | €-950k |
| Cash flow | €-510k |
| Staff costs | €1.54M |
| Income taxes | €32 |
| Dividends | - |
| Total assets | €3.80M |
| Equity | €-750k |
| Debt | €4.55M |
| of which ≤ 1y | €2.84M |
| of which > 1y | €1.71M |
| Working capital | €-1.15M |
| Employees (FTE) | 19.6 |
| 2025 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.35 |
| Working capital ratio | -30.2% |
| Solvency | -19.7% |
| Debt / equity | -6.07 |
| Long-term debt ratio | -2.28 |
| Interest coverage | -1.35 |
| Gross margin | - |
| Net margin | - |
| ROA | -25.0% |
| ROE | 126.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.80M |
| Fixed assets | 21/28 | €2.10M |
| Formation expenses | 20 | €8k |
| Intangible fixed assets | 21 | €480k |
| Tangible fixed assets | 22/27 | €1.62M |
| Current assets | 29/58 | €1.69M |
| Stocks & contracts in progress | 3 | €691k |
| Amounts receivable within one year | 40/41 | €738k |
| Cash & bank | 54/58 | €264k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.80M |
| Equity | 10/15 | €-750k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-950k |
| Amounts payable | 17/49 | €4.55M |
| Amounts payable after one year | 17 | €1.71M |
| Amounts payable within one year | 42/48 | €2.84M |
| Trade debts payable within one year | 44 | €1.99M |
| Income statement | ||
| Gross operating margin | 9900 | €1.26M |
| Operating result | 9901 | €-771k |
| Financial income | 75 | €66k |
| Financial charges | 65 | €245k |
| Result before taxes | 9903 | €-950k |
| Income taxes | 67/77 | €32 |
| Net result for the period | 9904 | €-950k |
| Result to be appropriated | 9905 | €-950k |
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Public limited company(014) |
| Incorporation | 20-11-2023 |
| Status | Active |
| Postal code | 1480 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0347/00B005 | Wallonia | 1.1 ha | 1 · 4,959 m² | 21.4 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-09-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Fran\u00E7ois No\u00E9",
"firm_city": null,
"firm_name": "Fran\u00E7ois NOE \u0026 Ga\u00EBtan LEMAIRE, Notaires associ\u00E9s",
"office_city": "Nivelles",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-09-15",
"filing_date": "2025-09-11",
"act_kind_objet": "ASSEMBLEE GENERALE, ANNEE COMPTABLE"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-09-10",
"unanimous": true
},
"agm_change": {
"new_schedule": "derde vrijdag van mei om 17u",
"old_schedule": null,
"effective_from_year": 2026,
"rule_changes_summary": null
},
"detected_kind": "fiscal_year_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "1002.462.534",
"name_full": "NIRGUA",
"legal_form": "SA"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"une exp\u00E9dition du proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire"
],
"fiscal_year_change": {
"new_end_mm_dd": "12-31",
"old_end_mm_dd": "06-30",
"new_start_mm_dd": "01-01",
"old_start_mm_dd": "07-01",
"first_full_new_year": 2026,
"transition_period_end": "2025-12-31"
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | NIRGUA |