NIRMAN
InactiveNIRMAN was declared bankrupt on 23-01-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 10-12-2024, published in the Belgian State Gazette on 13-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-08-2022, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
22 d late
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
-€11,329
2020 · €4,896
Total assets
€10,258▼ 11.5%
2020 · €11,585
Net result
-€16,225
2020 · €12,339
Working capital
-€15,530▼ 1,601%
2020 · -€913
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result-€18,552-€13,029-€15,402
Net result-€21,643-€12,339-€16,225
Equity-€7,443-€4,896-€11,329
Total assets€9,951-€11,585▲ 16.4%€10,258▼ 11.5%
Debt€17,394-€6,689▼ 61.5%€21,587▲ 223%
Working capital-€13,080--€913▲ 93.0%-€15,530▼ 1,601%
Staff (FTE)0.6-0.4▼ 33.3%1.8▲ 350%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €15,402 after €13,029 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €10,258
Fixed assets
€4,201 ▼ 27.7%
Current assets
€6,057 ▲ 4.9%
Key figures and ratios
EBITDA
-€13,794▼
2020 · €14,357
Cash flow
-€14,617▼
2020 · €13,667
Solvency
-110.4%▼
2020 · 42.3%
Current ratio
0.28▼
2020 · 0.86
Quick ratio
0.23▼
2020 · 0.78
Debt to equity
-1.91
ROA
-158.2%▼
2020 · 106.5%
Interest coverage
-16.76
Debt ≤ 1 year
€21,587▲
2020 · €6,689
Staff costs
€11,012
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €11,012 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,640 | €1,328 | €1,608 | ▲ 21.1% |
| Other operating charges640/8 | - | - | €946 | - |
| Gross operating margin9900 | €4,271 | €24,718 | -€1,836 | ▼ 107% |
| Operating profit (loss)9901 | -€18,552 | €13,029 | -€15,402 | ▼ 218% |
| Recurring financial income75 | €28 | €1 | - | - |
| Financial charges65/66B | - | - | €823 | - |
| Recurring financial charges65 | €3,119 | €691 | €823 | ▲ 19.1% |
| Profit (loss) for the period before taxes9903 | -€21,643 | €12,339 | -€16,225 | ▼ 231% |
| Profit (loss) for the period9904 | -€21,643 | €12,339 | -€16,225 | ▼ 231% |
| Profit (loss) for the period to be appropriated9905 | -€21,643 | €12,339 | -€16,225 | ▼ 231% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9,951 | €11,585 | €10,258 | ▼ 11.5% |
| Fixed assets21/28 | €5,637 | €5,809 | €4,201 | ▼ 27.7% |
| Tangible fixed assets22/27 | €5,637 | €5,809 | €4,201 | ▼ 27.7% |
| Plant, machinery and equipment23 | - | - | €3,326 | - |
| Furniture and vehicles24 | - | - | €875 | - |
| Current assets29/58 | €4,314 | €5,776 | €6,057 | ▲ 4.9% |
| Stocks and contracts in progress3 | €649 | €532 | €1,128 | ▲ 112% |
| Stocks30/36 | - | - | €1,128 | - |
| Amounts receivable within one year40/41 | €107 | €351 | €12 | ▼ 96.6% |
| Other amounts receivable41 | - | - | €12 | - |
| Cash at bank and in hand54/58 | €3,558 | €4,893 | €3,577 | ▼ 26.9% |
| Deferred charges and accrued income490/1 | - | - | €1,340 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9,951 | €11,585 | €10,258 | ▼ 11.5% |
| Equity10/15 | -€7,443 | €4,896 | -€11,329 | ▼ 331% |
| Contributions10/11 | €14,200 | - | €14,200 | - |
| Profit (loss) carried forward14 | -€21,643 | -€9,304 | -€25,529 | ▼ 174% |
| Amounts payable17/49 | €17,394 | €6,689 | €21,587 | ▲ 223% |
| Amounts payable within one year42/48 | €17,394 | €6,689 | €21,587 | ▲ 223% |
| Trade debts44 | €11,104 | €1,864 | €17,869 | ▲ 859% |
| Suppliers440/4 | - | - | €17,869 | - |
| Taxes, remuneration and social security45 | - | - | €1,939 | - |
| Taxes450/3 | - | - | €424 | - |
| Remuneration and social security454/9 | - | - | €1,515 | - |
| Other amounts payable47/48 | - | - | €1,779 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,643 | €12,339 | -€16,225 | ▼ 231% |
| + Depreciation and write-downs630 | €1,640 | €1,328 | €1,608 | ▲ 21.1% |
| Operating cash flow (approximation) | -€20,003 | €13,667 | -€14,617 | ▼ 207% |
| Investment in fixed assets (approximation) | - | -€1,500 | €0 | ▲ 100% |
| Change in cash | - | €1,335 | -€1,316 | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
13-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 10-12-2024
29-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 23-01-2024
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12,339
Net result €12,339 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE VAN LIEFFERINGE BOTERHOEK 3,
9860 OOSTERZELE |
23-01-2024 → 10-12-2024 |