Equity
-€1.1m
Debts exceed assets in financial year 2025.
NIRGUA
Overview
Lifetime
2 annual accounts with figures on one time axispeak €1.3m (30-06-2025)
€355,8806 months
lowest -€950,466 (30-06-2025)
-€376,7976 months
peak -€750,466 (30-06-2025)
-€1.1m▼ €376,797
€4.7m▲ 2.6%
peak 19.6 FTE (30-06-2025)
0 FTE▼ 100%
Board2 names since 2023
1 director
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format to 31-12-2025
Financial year from 01-07-2025 to 31-12-2025, 6 monthsLoss of €376,797Staff from 19.6 FTE to 0 FTEAssemblee Generale - Annee Comptable 15-09Equity from -€750,466 to -€1.1m
Key points
from the 2025 annual accountsTurnover
≈ €3.4m estimated
The accounts state no turnover.
Debts
€4.7m 132% of the balance sheet
Financial debts 41%Suppliers 48%Taxes and wages 2%Other 9%
Of this, €3.0m falls due within a year.
Investments
€56,301 0.3 × depreciation
Green is investment, beige is depreciation.
Starting capital
€200,000 6,000 shares
Position in the sector
-€376,797
Lower net result than 95% of companies in retail trade. Sector median €38,004 · 13,251 companies.
2025 accounts filed 61 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 490 companies had the same profile as NIRGUA has now. Each dot is one company, two years later.
88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 490 companies, not a prediction for NIRGUA. 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 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002462534
Assemblee Generale - Annee Comptable
General meeting of 10-09-2025 · Gazette deed
Incorporation
Founding capital of €200,000, 6,000 shares · Founders: , and · Appointments: (sole director) and (administrateur unique suppléant) · published on 22-11-2023 · Gazette deed
First establishment
Rue du Bailli 26, Tubize
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NIRGUA Tubize | €3.5m | €0.4m | -31.8% | 0 |
| MB FOOD RETAIL Sint-Gillis (bij-Brussel) | €3.2m | €1.4m | 20.1% | 0 |
| NOUDIS Soignies | €5.1m | €2.3m | 5.2% | 0 |
| Universal Food Traders Heist-op-den-Berg | €4.8m | €1.1m | 14.8% | 1 |
| TBB FOOD Court-Saint-Etienne | €1.2m | €0.5m | 4.5% | - |
| ProSart Court-Saint-Etienne | €1.1m | €0.3m | 0.4% | - |
| RG FOOD Braine-le-Château | €4.1m | €0.2m | -0.6% | 0 |
These companies have the same main activity as NIRGUA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €1.1m and €5.1m, founded between 2015 and 2024.
Official details
Source: KBO- Status
- Active since 20-11-2023Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Joint committees
- 202.01Medium-sized food businesses
- 119Food trade · annual accounts 30-06-2025
- Establishment unit
- 2.354.560.7761480 Tubize, since 20-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €355,880▼ 71.9%
- €376,797▼ 60.4%
- -€1.1m▼ 50.2%
- €3.5m▼ 6.8%
- Filing
- Filed on 30-09-2026
Insights on NIRGUA
NIRGUA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€376,797.
Its solvency ranks better than 6% of 13,255 sector peers (NACE 47, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 31-12-2025
financial year from 01-07-2025 to 31-12-2025, 6 months, abbreviated format, filed on 30-09-2026, 61 days late€355,880
6 months
-€172,332
6 months
-€376,797
6 months
-€1.4m
▼ €269,267
-31.8%
▼ 12.1 percentage points
0.53
▼ 0.06
The turnover shown is an estimate from the gross margin.
Turnover ≈ €3.4m. Estimated: probably between €2.8m and €4.6m.
Balance sheet
balance sheet total €3.5m on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
-31.8%
Higher than 6% of 13,255 companies in 2025.
0.53
Higher than 9% of 13,114 companies in 2025.
-10.6%
Higher than 9% of 13,176 companies in 2025.
NIRGUA
Middle half of the sector
80% of the sector
Abbreviated accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: bottom quarter
Staff
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 | 31-12-20256 months | 30-06-202519 months |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
3.5m | 3.8m | |
20 |
0 | 8,206 | |
21/28 |
1.9m | 2.1m | |
21 |
451,513 | 480,041 | |
22/27 |
1.5m | 1.6m | |
22 |
112,330 | 118,873 | |
23 |
55,426 | 19,428 | |
24 |
542,177 | 657,533 | |
26 |
778,972 | 825,212 | |
29/58 |
1.6m | 1.7m | |
3 |
575,744 | 690,640 | |
30/36 |
575,744 | 690,640 | |
40/41 |
388,076 | 737,566 | |
40 |
116,647 | 151,478 | |
41 |
271,429 | 586,089 | |
54/58 |
219,665 | 264,499 | |
490/1 |
421,137 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
3.5m | 3.8m | |
10/15 |
-1.1m | -750,466 | |
10/11 |
200,000 | 200,000 | |
10 |
200,000 | 200,000 | |
100 |
200,000 | 200,000 | |
14 |
-1.3m | -950,466 | |
17/49 |
4.7m | 4.6m | |
17 |
1.6m | 1.7m | |
170/4 |
1.6m | 1.7m | |
178/9 |
53,888 | - | |
42/48 |
3.0m | 2.8m | |
42 |
324,148 | 371,814 | |
43 |
372,677 | 290,784 | |
430/8 |
372,677 | 290,784 | |
44 |
2.3m | 2.0m | |
440/4 |
2.3m | 2.0m | |
45 |
75,741 | 125,193 | |
450/3 |
3,453 | 32 | |
454/9 |
72,287 | 125,161 | |
47/48 |
0 | 67,030 | |
492/3 |
32,110 | - | |
| Income statement | |||
76A |
472,950 | - | |
9900 |
355,880 | 1.3m | |
62 |
297,919 | 1.5m | |
630 |
208,752 | 440,870 | |
640/8 |
20,701 | 59,804 | |
66A |
840 | - | |
9901 |
-172,332 | -771,195 | |
75/76B |
44,319 | 65,550 | |
75 |
44,319 | 65,550 | |
65/66B |
248,784 | 244,789 | |
65 |
171,162 | 244,789 | |
66B |
77,622 | - | |
9903 |
-376,797 | -950,434 | |
67/77 |
0 | 32 | |
9904 |
-376,797 | -950,466 | |
9905 |
-376,797 | -950,466 | |
| Appropriation of the result | |||
9906 |
-1.3m | -950,466 | |
14P |
-950,466 | - | |
| Social balance sheet | |||
9087 |
0 | 19.6 | |
Hours worked1013 |
- | 23,444 | |
| Document | |||
The notes to these accounts have 22 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 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541572.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 31-12-20256 months | 30-06-202519 months |
|---|---|---|---|
| 36,421 | -330,325 | ||
| -168,044 | -509,596 | ||
| 56,301 | 2.5m | ||
| -44,834 | - | ||
| -1.4m | -1.1m | ||
| -31.8% | -19.7% | ||
| 0.53 | 0.60 | ||
| 0.34 | 0.35 | ||
| -10.6% | -25.0% | ||
| 0.21 | -1.35 |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 30-06-2025 |
|---|---|
| Employees at the balance-sheet date | 25 |
| full-time | 9 |
| part-time | 16 |
| in full-time equivalents | 20.8 |
| 19.6 | |
| On a permanent contract | 25 |
| Joined | 12 |
| Left | 11 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €56,301 | €2.0m |
| Intangible fixed assets | - | €570,546 |
| Financial fixed assets | €0 | - |
| €208,752 | €440,870 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on NIRGUA
Several financial years end in the same calendar year, so there is no annual trend.
Equity is negative. Debt (€4.7m) exceeds the balance-sheet total (€3.5m).
Board & ownership
Board
1 director, since incorporationSole director
appointed by deed of 22-11-2023
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 30-09-2026
Mandates through the years
2 names, the dashed line is todaySole director
Administrateur unique suppléant
BoardEarlierend not dated
Mandates as a list
-
- Sole director, appointed by deed of 22-11-2023, still in office
-
- Administrateur unique suppléant, appointed by deed of 22-11-2023, no longer listed in the 2025 annual accounts
Control
Founders
, ,
This company
NIRGUA
Equity -€1.1m
Loss €376,797 in 2025
Capital
- Capital
- €200,000
- Shares
- 6,000
- Contribution per share
- €33.33
- Equity per share
- -€188 in 2025
- Source
- deed of 22-11-2023
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-11-2023 (in French)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directorsTerm of at most 6 yearsdeed of 22-11-2023 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of May at 17:00deed of 15-09-2025 (in French)
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditordeed of 22-11-2023 (in French)
Shareholders
Owners 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former owners (1)
- Sourcedeed 22-11-2023share not stated
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 22-11-2023 ↗
- 3,001 shares (50%)
- 2,998 shares (50%)
- 1 share (0%)
Capital over time
- 22-11-2023 Incorporation · €200,000 · 6,000 shares
Network & group
No group
NIRGUA has no parent and no holdings in its annual accounts. is the only director.
At the same address
Rue du Bailli 26, 1480 Tubize · 1 other company| Moisson, Anthony (sole trader)
establishment since 25-05-2022 |
founded in 2022 0786.563.003 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · deed of 20-09-2023
Founded in 2015 · total assets €4.1m (2025) · negative equity
Timeline
Timeline
6 events since 2023Filings
Establishments
Other
2023202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 61 days late
Annual accounts 2025 filed PDFfull format · 1 day before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1002462534
Assemblee Generale - Annee ComptableGeneral meeting of 10-09-20251 point ▸
- General meeting, 10-09-2025
- The deed holds 1 more point.
2023
IncorporationFounding capital of €200,000, 6,000 shares · Founders: , and · Appointments: (sole director) and (administrateur unique suppléant) · published on 22-11-202310 points ▸
- Founder,
- Founder,
- holds 3,001 shares
- holds 2,998 shares
- holds 1 share
- Founding capital, €200,000, 6,000 shares
- Capital, €200,000, 6,000 shares
- Registered office clause, Rue du Bailli 26, 1480 Tubize
- Director appointment, (sole director)
- Director appointment, (administrateur unique suppléant)
- The deed holds 4 more points.
First establishment Rue du Bailli 26, Tubize
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1002.462.534
- VAT number
- BE 1002.462.534
- Peppol ID
- 0208:1002462534
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 20-11-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of May at 17:00deed of 15-09-2025 (in French)
- Peppol
- Reachable since 12-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NIRGUA in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-11-2023 (in French)
Activities
NACEBEL 2025VAT activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Social security (RSZ) activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Joint committees annual accounts 30-06-2025
JC 202.01
Medium-sized food businesses
JC 119
Food trade
Codes under NACEBEL 2008
VAT activities
47114
Supermarkets main activity
Social security (RSZ) activities
47114
Supermarkets main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'exploitation de surfaces commerciales dans le sens le plus large et notamment l'achat,la vente,la commercialisation au sens large de…”deed of 22-11-2023 (in French)
5 activities
- L'exploitation de surfaces commerciales dans le sens le plus large et notamment l'achat,la vente,la commercialisation au sens large de produits alimentaires et non alimentaires ainsi que le commerce en viandes,charcuterie,volailles et gibiers abattus,le commerce en tabac,alcool et boissons spiritueuses ;
- Toutes les opérations se rapportant au commerce de détail : journaux et périodiques,bureau de Lotto et de tiercé,vente de timbre,point de relais Kiala ou équivalent et point relais,poste et autres.
- À titre accessoire,l’achat,la construction,la gestion,la mise en valeur,la mise à disposition par la location,la sous-location ou la constitution de droits réels immobiliers,l’échange et la vente de tous biens et droits immobiliers.
- La société pourra exploiter toutes industries ou tout commerce de nature à promouvoir soit directement soit indirectement l'objet.
- Elle pourra notamment accomplir toutes opérations généralement quelconques,civiles,commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet.Elle pourra s'intéresser par toutes voies,notamment apports,cessions,fusions ou autres dans toutes entreprises ou sociétés ayant un objet identique,analogue,similaire ou connexe au sien ou qui serait de nature à favoriser le développement de l'entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Rue du Bailli 26 registered office 1480 Tubize | 20-11-2023 | 2.354.560.776 | Fish shop Bakery Retail with processing activity Butcher's shop |
Buildings and parcels at the address
- Ground area
- 1.1 ha
- Buildings
- 4,959 m²
- Volume, LiDAR
- 62,554 m³
- Tallest building
- 21.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25105B0347/00B005 | 1.1 ha | 1 · 4,959 m² | 21.4 m · 5 |
Recognitions
Food safety, FASFC
1 siteTubizeunit number 2.354.560.776
Contact
E-mail
girboux@hotmail.com
Phone
+32 475 41 86 80
E-mail
nirguasa@gmail.com establishment in Tubize
Phone
+32 2 355 03 35 establishment in Tubize