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NIRO

Active Public limited companyfounded 1994active for 32 yearsRue El Bedire 8, 4141 SprimontKBO/BCE: BE 0452.684.449
NIRO
Financial year 2025
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Annual accounts 2025

micro format, filed on 14-07-2026, 17 days before the deadline
-€43,636
▼ €164,493
-€45,140
▼ €163,348
-€47,542
▼ €141,985
€38,489
▼ 67.5%
-2.4%
▼ 19.1 percentage points
2.12
▲ 0.36

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €73,060 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-2.4%

Higher than 11% of 9,471 companies in 2025.

2.12

Higher than 61% of 9,219 companies in 2025.

-65.1%

Lower than 95% of 9,291 companies in 2025.

NIRO Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201813 months201723 months201520142013201220112010200920082007
Balance sheet: assets
20/58 73,060273,822422,819689,210232,595405,667843,637997,775427,344659,8831.3m497,238350,394366,423425,202686,997338,789162,895
21/28 2064167131,5618,86417,25628,71528,9022,3277,35011,33414,29027498,346110,679123,552136,425146,839
22/27 662765731,4218,72417,25628,71528,9022,3277,35011,33414,29027498,346110,679123,552136,425145,599
22 -------------97,066109,199121,332133,465145,599
23 662764866961,0963981,2662,1342,0731,2622,2022,114------
24 00877257,62816,85727,44926,7692546,0889,13212,1762741,2801,4802,2202,960-
26 0-----------------
28 140140140140140------------1,241
29/58 72,854273,406422,106687,649223,731388,411814,923968,872425,017652,5331.3m482,948350,120268,078314,523563,445202,36416,056
3 22,7000171,648580,98975,92814,400676,135751,403285,000587,0001.2m427,721-180,000130,000525,000200,000509
30/36 -0171,648580,98975,92814,400676,135751,403285,000285,000285,000------509
37 22,700--------302,000935,000427,721-180,000130,000525,000200,000-
40/41 44,5795,500243,45398,39650,4141,1003329,27834,154--45,3804,3005,439126,69234,0309544,000
40 42,3845,500236,56655,50944,8561,098333,784---43,4974,3005,439126,69222,454-4,000
41 2,19506,88742,8875,5583-25,49534,154--1,883---11,576954-
54/58 5,575267,8217,0058,26497,389372,910137,931188,144105,27865,53353,8549,847345,82082,63957,8314,4151,41010,867
490/1 086----82447585--------680
Balance sheet: equity and liabilities
10/49 73,060273,822422,819689,210232,595405,667843,637997,775427,344659,8831.3m497,238350,394366,423425,202686,997338,789162,895
10/15 -1,75145,792-48,65116,08365,907186,406183,467139,554143,686140,656123,042113,65651,79329,067-8,668-35,532-65,589-14,586
10/11 62,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,500
10 62,50062,50062,50062,50062,500-------------
100 62,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,500
13 6,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,250
130/1 6,2506,2506,2506,2506,2506,250------------
130 6,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,250
14 -70,501-22,958-117,401-52,667-2,843117,656114,71770,80474,93661,99044,37634,990-26,873-49,599-87,333-114,198-144,254-93,252
15 ---------9,9169,9169,9169,9169,9169,9169,9169,9169,916
16 ------------10,174-----
160/5 ------------10,174-----
17/49 74,811228,031471,471673,127166,688219,261660,170858,221283,658519,2271.2m383,582288,427337,356433,869722,529404,378177,482
17 39,96072,57250,72866,58583,262106,382149,378151,564--1,1114,16639,41857,15273,68789,104103,479102,020
170/4 -015,16231,44547,46368,53311,61617,839--1,1114,16639,41857,15273,68789,104103,479102,020
178/9 39,96072,57235,56635,14035,80037,850137,763133,726----------
42/48 34,365154,957420,742606,54283,426112,879509,592706,656282,458519,2271.2m379,416249,009280,204360,182633,425300,89975,462
42 -016,28316,01821,07021,8036,2236,145-230,833861,98361,38819,036227,381157,917474,375210,72914,537
43 50150,000524,591--412,450675,628-100,00050,00020,00012,63811,629105,62872,21049,16412,131
430/8 50150,000524,591--412,450675,628-100,00050,00020,00012,63811,629105,62872,21049,16412,131
44 32,98645,159157,84263,43155,11024,16227,52419,746140,31010,98280,316117,65442,1708,97223,89451,4845,3816,144
440/4 32,98645,159157,84263,43155,11024,16227,52419,746140,31010,98280,316117,65442,1708,97223,89451,4845,3816,144
45 0109,79896,6182,5027,24566,91463,3955,1376,665106,93133,24445,74027,03527,65868,17829239820,938
450/3 091,31686,1185022,74564,41460,8956374,165101,93133,24445,74027,03527,65868,178292-10,557
454/9 018,48210,5002,0004,5002,5002,5004,5002,5005,000------39810,381
47/48 1,375-------135,48470,482135,492134,634148,1304,5644,56435,06435,22721,713
492/3 486502----1,200-1,200---------
Income statement
9900 -43,636120,858-37,046-32,794-105,70128,65981,58515,21540,29250,72666,540106,864151,40461,32855,79079,786-22,35940,520
62 ---37------------2,71842,537
630 2102978487,30311,51411,45911,4598,6368,3233,9843,9843,9151,00613,13912,87312,87312,87312,133
635/8 ------------10,17410,174-----
640/8 1,2951,8282,1161,3961,0991,2161,3573,1223,3711,50539,23213,2161,0094154693233,30717,700
66A -525----------97,066-----
9901 -45,140118,207-40,010-41,530-118,31415,98568,7703,45728,59845,23723,32599,907139,21547,77442,44866,589-41,257-31,851
75/76B 171431,2542,5273429401,3553,8481,5062394812672517,185-25634
75 171431,2542,5273429401,3553,8481,5062394812672517,185-25634
65/66B 2,57323,80825,45810,3202,03111,41212,20911,08712,99321,27212,8328,95319,49510,09022,76836,5339,7718,693
65 2,57323,80825,45810,3202,03111,41212,20911,08712,99321,27212,8328,95319,49510,09022,76836,5339,7718,693
9903 -47,54294,443-64,215-49,323-120,0035,51257,916-3,78317,11123,98911,44191,08022,72637,73526,86430,057-51,002-39,909
67/77 --5195024952,57314,0033494,1656,3752,05629,217------
9904 -47,54294,443-64,734-49,824-120,4992,93943,913-4,13212,94617,6149,38661,86322,72637,73526,86430,057-51,002-39,909
9905 -47,54294,443-64,734-49,824-120,4992,93943,913-4,13212,94617,6149,38661,86322,72637,73526,86430,057-51,002-39,909
Appropriation of the result
9906 -70,501-22,958-117,401-52,667-2,843117,656114,71770,80474,93661,99044,37634,990-26,873-49,599-87,333-114,198-144,254-93,252
14P -22,958-117,401-52,667-2,843117,656-------------
Social balance sheet
9087 -----------------1.3
Hours worked1013 -----------------2,184
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1995-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 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 14-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 14-07-2026 2026-00314785 PDF
31-12-2024 micro format 22-08-2025 2025-00450598 PDF
31-12-2023 micro format 27-06-2024 2024-00169350 PDF
31-12-2022 micro format 28-06-2023 2023-00167530 PDF
31-12-2021 micro format 31-08-2022 2022-20372287 PDF
31-12-2020 micro format 30-06-2021 2021-26800373 PDF
31-12-2019 micro format 07-07-2020 2020-26500574 PDF
31-12-2018 micro format 04-07-2019 2019-27900499 PDF
30-11-2017 full format 27-06-2018 2018-22900340 PDF
31-12-2015 full format 25-04-2016 2016-10700511 PDF
31-12-2014 full format 16-07-2015 2015-31800422 PDF
31-12-2013 full format 12-06-2014 2014-17300568 PDF
31-12-2012 full format 18-07-2013 2013-32200075 PDF
31-12-2011 full format 27-08-2012 2012-48400352 PDF
31-12-2010 full format 18-05-2011 2011-11700258 PDF
31-12-2009 full format 15-09-2010 2010-54400156 PDF
31-12-2008 full format 17-02-2010 2010-04800374 PDF
31-12-2007 full format 09-04-2008 2008-10300285 PDF
31-12-2006 full format 29-03-2007 2007-11401645 PDF
31-12-2005 full format 29-05-2006 2006-18000719 PDF
31-12-2004 full format 30-05-2005 2005-19000953 PDF
31-12-2003 full format 15-12-2004 2004-86004432 PDF
31-12-2002 full format 24-11-2004 2004-81103432 PDF
31-12-2001 full format 28-11-2002 2002-74104486 PDF
31-12-2000 full format 21-05-2002 2002-13304388 PDF
31-12-1999 full format 17-01-2001 2001-01801588 PDF
31-12-1998 full format 27-01-2000 2000-02402052 PDF
31-12-1997 full format 17-11-1998 1998-57704597 PDF
31-12-1996 full format 25-09-1997 1997-45500199 PDF
31-12-1995 full format 09-10-1996 1996-47105068 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201813 months201723 months201520142013201220112010200920082007
-44,931118,505-39,162-34,227-106,80127,44480,22912,09336,92149,22227,309103,822140,22160,91355,32179,463-28,383-19,717
-47,33394,740-63,887-42,521-108,98514,39855,3724,50421,26921,59813,37065,77823,73250,87439,73842,930-38,129-27,776
00003,122011,27135,2123,30001,02817,931-97,066806003,700-
-262,246260,816-1,259-89,125-275,521234,979-50,21282,86539,74611,67944,007-335,973263,18124,80853,4163,004-9,456-
38,489118,4501,36481,107140,305275,532305,331262,216142,559133,306112,819103,532101,111-12,126-45,659-69,980-98,535-59,406
-2.4%16.7%-11.5%2.3%28.3%46.0%21.7%14.0%33.6%21.3%9.6%22.9%14.8%7.9%-2.0%-5.2%-19.4%-9.0%
2.121.761.001.132.683.441.601.371.501.261.101.271.410.960.870.890.670.21
1.461.760.600.181.773.310.270.310.500.130.050.151.410.310.510.060.010.21
-4.98-41.852.531.183.606.151.973.699.453.375.5711.61----
-206.2%--309.8%-182.8%1.6%23.9%-3.0%9.0%12.5%7.6%54.4%43.9%129.8%----
-65.1%34.5%-15.3%-7.2%-51.8%0.7%5.2%-0.4%3.0%2.7%0.7%12.4%6.5%10.3%6.3%4.4%-15.1%-24.5%
-17.464.98-1.54-3.32-52.60-------------

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.

Overdue debts

tax and social security
Item20252024202320222021
Overdue tax debts-€11,250---

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€2,982
Financial fixed assets----€140
€210€297€848€7,303€11,514

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on NIRO

The operating result for 2025 is a loss of €45,140, after a profit of €118,207 in 2024. It is the lowest result since 2021.

Equity is negative. Debt (€74,811) exceeds the balance-sheet total (€73,060).

Next steps

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