The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as NIRO has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% 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 26,972 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Permanent representative: Name hiddenVisible after signing in · “Groothandel in foto- en filmapparatuur en in andere optische artikelen; Detailhandel in fotografische en…” (deed in Dutch) · Legal-form conversion: from limited partnership to private limited company · General meeting of 22-12-2025 · Gazette deed
Amendment of the articles · Legal-form change
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0698570937
Transfer of 1 share from Hidden nameVisible after signing in to Name after signing inVisible after signing in
Appointment: Name hiddenVisible after signing in (manager) · Partner: Hidden nameVisible after signing in (stille en beperkt aansprakelijke vennoot) · Partner: Name after signing inVisible after signing in (gecommanditeerde en onbeperkt aansprakelijke vennoot) · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as NIRO: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €113,000 and €162,000, founded between 2017 and 2020.
NIRO has been active since 2018 and the Belgian Official 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 58% of 602 sector peers (NACE 33, financial year 2025).
The company number of NIRO is 0698.570.937. The VAT number is the same number with BE in front: BE 0698.570.937.
Where is NIRO based?
The registered office is at Langestraat 232, 9240 Zele.Company details
What does NIRO do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of NIRO?
NIRO is a private limited company (BV).
When was NIRO founded?
NIRO was founded on 19-06-2018.
Is NIRO still active?
Yes, NIRO is an active enterprise in the KBO register.
What is the turnover of NIRO?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €79,426 and 1,300 comparable companies of the same size. It probably lies between €140,000 and €420,000. It is a rough estimate.Financials
Is NIRO profitable?
In financial year 2025, NIRO made a profit of €48,220.
Where can I find the annual accounts of NIRO?
NIRO filed 1 annual account with the National Bank of Belgium, for financial year 2025.