Skip to content

NIRO

Active
Private limited companyfounded 20188 yrs activeLangestraat 232, 9240 Zele, BelgiumKBO/BCE: BE 0698.570.937
Summary

NIRO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,338 and a net result of €48,220. Its solvency ranks better than 60% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency69
Growth-
Track record85
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 29.6% and cash: 0.9% of total assets), and 56.3% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Four 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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.7%
Return on assets
34.4%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 June 2018, NIRO was incorporated.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€61,338
Total assets
€140,363
Net result
€48,220
Working capital
€17,270

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €140,363
Fixed assets €81,483
Current assets €58,879
Equity and liabilities €140,363
Equity €61,338
Debt €79,025
Debt finances 56.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€77,595
Cash flow
€63,033
Current ratio
1.42
Quick ratio
0.74
Debt to equity
1.29
ROE
78.6%
ROA
34.4%
Interest coverage
29.66
Debt ≤ 1 year
€41,610
Debt > 1 year
€37,415
Income taxes
€13,755

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 50 lines
Balance sheet Code2025
Assets
Total assets20/58€140,363
Fixed assets21/28€81,483
Tangible fixed assets22/27€81,483
Land and buildings22€2,195
Plant, machinery and equipment23€7,056
Furniture and vehicles24€72,232
Current assets29/58€58,879
Stocks and contracts in progress3€28,214
Stocks30/36€28,214
Amounts receivable within one year40/41€25,392
Trade receivables40€9,125
Other amounts receivable41€16,267
Current investments50/53€81
Cash at bank and in hand54/58€1,312
Deferred charges and accrued income490/1€3,881
Equity and liabilities
Total equity and liabilities10/49€140,363
Equity10/15€61,338
Contributions10/11€2,000
Reserves13€8,819
Non-distributable reserves130/1€200
Reserves not available under the articles1311€200
Distributable reserves133€8,619
Profit (loss) carried forward14€50,518
Amounts payable17/49€79,025
Amounts payable after more than one year17€37,415
Financial debts170/4€37,415
Amounts payable within one year42/48€41,610
Current portion of amounts payable after more than one year42€27,370
Financial debts43€3,211
Credit institutions430/8€3,211
Trade debts44€4,086
Suppliers440/4€4,086
Taxes, remuneration and social security45€6,944
Taxes450/3€6,944
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,814
Other operating charges640/8€1,831
Gross operating margin9900€79,426
Operating profit (loss)9901€62,781
Financial income75/76B€1,810
Recurring financial income75€1,810
Financial charges65/66B€2,616
Recurring financial charges65€2,616
Profit (loss) for the period before taxes9903€61,975
Income taxes67/77€13,755
Profit (loss) for the period9904€48,220
Profit (loss) for the period to be appropriated9905€48,220
Appropriation of the result
Profit (loss) to be appropriated9906€123,018
Profit (loss) brought forward from the previous period14P€74,799
Profit to be distributed694/7€72,500
Return on contributions (dividend)694€72,500

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,814
Other operating charges640/8€1,831
Gross operating margin9900€79,426
Operating profit (loss)9901€62,781
Financial income75/76B€1,810
Recurring financial income75€1,810
Financial charges65/66B€2,616
Recurring financial charges65€2,616
Profit (loss) for the period before taxes9903€61,975
Income taxes67/77€13,755
Profit (loss) for the period9904€48,220
Profit (loss) for the period to be appropriated9905€48,220
Line2025
Assets
Total assets20/58€140,363
Fixed assets21/28€81,483
Tangible fixed assets22/27€81,483
Land and buildings22€2,195
Plant, machinery and equipment23€7,056
Furniture and vehicles24€72,232
Current assets29/58€58,879
Stocks and contracts in progress3€28,214
Stocks30/36€28,214
Amounts receivable within one year40/41€25,392
Trade receivables40€9,125
Other amounts receivable41€16,267
Current investments50/53€81
Cash at bank and in hand54/58€1,312
Deferred charges and accrued income490/1€3,881
Equity and liabilities
Total equity and liabilities10/49€140,363
Equity10/15€61,338
Contributions10/11€2,000
Reserves13€8,819
Non-distributable reserves130/1€200
Reserves not available under the articles1311€200
Distributable reserves133€8,619
Profit (loss) carried forward14€50,518
Amounts payable17/49€79,025
Amounts payable after more than one year17€37,415
Financial debts170/4€37,415
Amounts payable within one year42/48€41,610
Current portion of amounts payable after more than one year42€27,370
Financial debts43€3,211
Credit institutions430/8€3,211
Trade debts44€4,086
Suppliers440/4€4,086
Taxes, remuneration and social security45€6,944
Taxes450/3€6,944
Line2025
Profit (loss) for the period9904€48,220
+ Depreciation and write-downs630€14,814
Operating cash flow (approximation)€63,033

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Zele · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
610 m²
Building footprint
260 m²
Volume, LiDAR
1,391 m³
Parcel 42402C0120/00E000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
NIRO
Langestraat 232, 9240 ZeleManufacture of machinery and equipment not elsewhere classified
since 20182.276.946.920
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402C0120/00E000 Flanders 610 m² 1 · 260 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 4,072 EUR awarded · 4,072 EUR paid
Year Entries awardedpaid
2024 1 2,280 EUR3,644 EUR
2023 1 1,792 EUR428 EUR
Schemes
2 entries · 4,072 EUR · 4,072 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,073 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
74301Translation services
82990Other business support services
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0698570937
Also 9925:BE0698570937
Registered 31-10-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.