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NIRO

Active Public limited companyfounded 1994active for 32 yearsRue El Bedire 8, 4141 SprimontKBO/BCE: BE 0452.684.449

Lifetime

18 annual accounts with figures on one time axis, 30 filings since 1995
peak €151,404 (2012)
-€43,636▼ €164,493
lowest -€120,499 (2021)
-€47,542▼ €141,985
peak €186,406 (2020)
-€1,751▼ €47,542
€74,811▼ 67.2%
peak 1.3 FTE (2007)
-not published
Board4 names since 2019
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from €120,858 to -€43,636Loss of €47,5423 directors reappointed 06-10Equity from €45,792 to -€1,751Debts from €228,031 to €74,811Cash from €267,821 to €5,575

Key points

from the 2025 annual accounts

Equity

-€1,751
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€47,542 -€47,542
€94,4002024-€47,5002025

From profit to loss in 2025, after a profit of €94,443 in 2024.

Debts

€74,811 102% of the balance sheet
Financial debts 0%Suppliers 44%Other 56%

Of this, €34,365 falls due within a year.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,619 companies had the same profile as NIRO has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,619 companies, not a prediction for NIRO. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452684449
3 directors reappointed , and (managing director) · General meeting of 20-06-2025 · Gazette deed
3 directors reappointed , (managing director) and · General meeting of 28-06-2019 · Gazette deed
Company renamed from NIRHO to NIRO General meeting of 14-12-2017 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
NIRO Sprimont €73,060 -€43,636 -2.4% -
SCHMITZ CONCEPT Remicourt €75,673 -€25,477 -591.7% -
YVES GUIOT Nassogne €75,210 -€84 70.4% -
SUNXENERGY Sint-Genesius-Rode €82,024 -€72,008 -39.8% -
FORMENT Ganshoren €64,313 -€2,272 48.1% -
SEGACO Genk €64,390 -€3,492 85.7% -
SORINVEST CONSTRUCT Molenbeek-Saint-Jean €76,666 -€4,963 99.4% -

These companies have the same main activity as NIRO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €64,300 and €82,000, founded between 1990 and 1998.

Official details

Source: KBO
Status
Active since 11-05-1994Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.069.020.2924141 Sprimont, since 18-11-1994
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€73,060▼ 73.3%
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on NIRO

NIRO files the abbreviated format. That format states no turnover. The gross margin fell from €40,520 in 2007 to -€43,636 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NIRO

What is the company number of NIRO?
The company number of NIRO is 0452.684.449. The VAT number is the same number with BE in front: BE 0452.684.449.
Where is NIRO based?
The registered office is at Rue El Bedire 8, 4141 Sprimont.Company details
What does NIRO do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of NIRO?
NIRO is a public limited company (NV).
When was NIRO founded?
NIRO was founded on 11-05-1994.
Is NIRO still active?
Yes, NIRO is an active enterprise in the KBO register.
What is the turnover of NIRO?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is NIRO profitable?
In financial year 2025, NIRO made a loss of €47,542.
Where can I find the annual accounts of NIRO?
NIRO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NIRO due?
NIRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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