NIRMAL
ActiveNIRMAL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €6k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 78% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-3
Solvency100=
Growth35=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 5.32 in 2023), and 32.6% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67.4%
Return on assets
11.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
86 d early
2022
15 d late
2021
81 d early
2020
35 d early
2019
73 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€277k▼ 5.4%
2023 · €293k
2019: €465k
2020: €389k
2021: €285k
2022: €281k
2023: €293k
2019 → 2024
EBIT margin
2.6%▼ 0.2pp
2023 · 2.8%
2019: 1.1%
2020: -5.6%
2021: 1.9%
2022: 5.9%
2023: 2.8%
2019 → 2024
Net result
€6k▲ 9.8%
2023 · €6k
2018: €8k
2019: €3k
2020: €1k
2021: €2k
2022: €5k
2023: €6k
2018 → 2024
Working capital
€35k▲ 26.4%
2023 · €27k
2018: €12k
2019: €13k
2020: €15k
2021: €17k
2022: €21k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€389k-€285k▼ 26.7%€281k▼ 1.5%€293k▲ 4.4%€277k▼ 5.4%
Equity€18k-€20k▲ 12.8%€25k▲ 22.5%€31k▲ 23.1%€37k▲ 20.6%
Operating result€-22k-€5k€17k▲ 203%€8k▼ 50.1%€7k▼ 12.6%
Net result€1k-€2k▲ 125%€5k▲ 92.0%€6k▲ 26.1%€6k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€3k▼ 24.0%
Current assets
€53k▲ 56.1%
Equity and liabilities €55k
Equity
€37k▲ 20.6%
Debt
€18k▲ 184%
The debt ratio rises from 17.0% to 32.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€8k▼
2023 · €9k
Cash flow
€7k▲
2023 · €6k
Solvency
67.4%▼
2023 · 83.0%
Current ratio
2.92▼
2023 · 5.32
Quick ratio
1.77▼
2023 · 3.68
Debt / equity
0.48▲
2023 · 0.20
ROE
17.1%▼
2023 · 18.8%
ROA
11.5%▼
2023 · 15.6%
Interest coverage
9.11▲
2023 · 9.00
Debt
€18k▲
2023 · €6k
Debt ≤ 1 year
€18k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€37k€55k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€853-
Plant, machinery and equipment23€663-
Furniture and vehicles24€190-
Financial fixed assets28€3k€3k=
Current assets29/58€34k€53k▲
Stocks and contracts in progress3€10k€21k▲
Stocks30/36€10k€21k▲
Amounts receivable within one year40/41€23k€19k▼
Trade receivables40€19k-
Other amounts receivable41€4k€19k▲
Cash at bank and in hand54/58-€13k
Equity and liabilities
Total equity and liabilities10/49€37k€55k▲
Equity10/15€31k€37k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€17k▲
Amounts payable17/49€6k€18k▲
Amounts payable within one year42/48€6k€18k▲
Financial debts43€946€2k▲
Credit institutions430/8€946€2k▲
Trade debts44€5k€15k▲
Suppliers440/4€5k€15k▲
Taxes, remuneration and social security45€344€2k▲
Taxes450/3€344€2k▲
Income statement
Code20232024
Turnover70€293k€277k▼
Goods, raw materials, services and sundry goods60/61€283k€269k▼
Remuneration, social security and pensions62€423-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€301€851▲
Other operating charges640/8€1k€128▼
Gross operating margin9900€10k€8k▼
Operating profit (loss)9901€8k€7k▼
Financial income75/76B€268-
Recurring financial income75€268-
Non-recurring financial income76B€268-
Financial charges65/66B€2k€891▼
Recurring financial charges65€956€891▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€6k€6k▲
Income taxes67/77€452-
Profit (loss) for the period9904€6k€6k▲
Profit (loss) for the period to be appropriated9905€6k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€17k▲
Profit (loss) brought forward from the previous period14P€5k€10k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 5.32
Current ratio from 2.29 to 5.32; short-term debt falls from €16k to €6k.
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €1k ▼58.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2011
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.
Kroonlaan 4181050 ElseneGround area
187 m²
Building footprint
103 m²
Volume, LiDAR
1,432 m³
Parcel 21445C0226/00H004, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Nirmal
since 20112.201.852.389
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0226/00H004 | Brussels | 187 m² | 1 · 103 m² | 16.5 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.201.852.389
Similar companies · same sector, comparable size
DUOS VERHUIZING
BE 0831.495.579
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Mahaan
BE 0774.285.276
Turnhout · Eq €37k
M.SHAN
BE 0476.900.302
Bassenge · Eq €37k
LIVANDERS
BE 0648.677.602
Brussel · Eq €37k
PAPA JI
BE 0782.243.038
Olen · Eq €37k
Of 10,412 companies in sector 47110 we hold annual accounts for 5,786. 4,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-01-2006
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.