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NIRVANA HOLDING

Active
Private limited companyfounded 200719 yrs activeBreulstraat 104, 8890 Moorslede, BelgiumKBO/BCE: BE 0891.348.539
Summary

NIRVANA HOLDING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272,908 and a net result of €183,780. Equity is shrinking by ~14.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency100▲+43
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
short-term debt: 0.4% and cash: 0.6% of total assets, and 0.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.6%
Return on assets
67.1%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €272,908
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
34 d early
2023
22 d late
2022
4 d early
2021
38 d early
2020
19 d early
2019
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 15 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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 8 August 2007, NIRVANA HOLDING was incorporated.1 Total assets went from EUR 491,115 in 2018 to EUR 274,018 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€272,908▲ 206%
2023 · €89,128
Total assets
€274,018▼ 2.6%
2023 · €281,203
Net result
€183,780
2023 · -€60,027
Working capital
€271,380▲ 521%
2023 · €43,705
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
Line20202021202220232024
Operating result€2,219-€13,232-€21,634▼ 63.5%-€50,465▼ 133%€184,699
Net result-€34,687▼ 41.0%-€24,831▲ 28.4%-€32,234▼ 29.8%-€60,027▼ 86.2%€183,780
Equity€206,220▼ 14.4%€181,389▼ 12.0%€149,155▼ 17.8%€89,128▼ 40.2%€272,908▲ 206%
Total assets€404,839▼ 9.0%€373,910▼ 7.6%€328,550▼ 12.1%€281,203▼ 14.4%€274,018▼ 2.6%
Debt€198,619▼ 2.7%€192,521▼ 3.1%€179,395▼ 6.8%€192,075▲ 7.1%€1,110▼ 99.4%
Working capital€144,113▲ 5.8%€132,797▼ 7.9%€100,301▼ 24.5%€43,705▼ 56.4%€271,380▲ 521%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: €2,219€2,219Net result 2020: -€34,687-€34,687Operating result 2021: -€13,232-€13,232Net result 2021: -€24,831-€24,831Operating result 2022: -€21,634-€21,634Net result 2022: -€32,234-€32,234Operating result 2023: -€50,465-€50,465Net result 2023: -€60,027-€60,027Operating result 2024: €184,699€184,699Net result 2024: €183,780€183,78020202021202220232024-€100,000€0€100,000€200,000Operating result 2022: -€21,634-€21,600Net result 2022: -€32,234-€32,200Operating result 2023: -€50,465-€50,500Net result 2023: -€60,027-€60,000Operating result 2024: €184,699€185,000Net result 2024: €183,780€184,000202220232024
The operating result returns to profit in 2024: €184,699 after a loss of €50,465 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €274,018
Fixed assets €1,528 ▼ 99.2%
Current assets €272,490 ▲ 178%
Equity and liabilities €274,018
Equity €272,908 ▲ 206%
Debt €1,110 ▼ 99.4%
Debt's share of the balance-sheet total falls from 68.3% to 0.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€184,850▲
2023 · -€28,199
Cash flow
€183,931▲
2023 · -€37,761
Debt to equity
0.00▼
2023 · 2.16
ROE
67.3%▲
2023 · -67.3%
ROA
67.1%▲
2023 · -21.3%
Interest coverage
201.15▲
2023 · -2.95
Debt ≤ 1 year
€1,110▼
2023 · €54,143
A ratio outside any meaningful range has been withheld (balance sheet total €274,018, equity €272,908).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 34,696 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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€281,203€274,018▼
Fixed assets21/28€183,355€1,528▼
Tangible fixed assets22/27€181,915€88▼
Land and buildings22€181,675-
Plant, machinery and equipment23€239€88▼
Financial fixed assets28€1,440€1,440=
Current assets29/58€97,848€272,490▲
Amounts receivable within one year40/41€94,625€270,860▲
Other amounts receivable41€94,625€270,860▲
Cash at bank and in hand54/58€3,149€1,630▼
Deferred charges and accrued income490/1€74-
Equity and liabilities
Total equity and liabilities10/49€281,203€274,018▼
Equity10/15€89,128€272,908▲
Contributions10/11€150,000€150,000=
Reserves13€15,000€122,908▲
Non-distributable reserves130/1€15,000€15,000=
Reserves not available under the articles1311€15,000€15,000=
Distributable reserves133-€107,908
Profit (loss) carried forward14-€75,872-
Amounts payable17/49€192,075€1,110▼
Amounts payable after more than one year17€137,931-
Financial debts170/4€137,931-
Amounts payable within one year42/48€54,143€1,110▼
Current portion of amounts payable after more than one year42€18,786-
Trade debts44€18,409€1,110▼
Suppliers440/4€18,409€1,110▼
Other amounts payable47/48€16,949-
Income statement Code20232024
Non-recurring operating income76A-€208,748
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,266€151▼
Other operating charges640/8€1,885€148▼
Gross operating margin9900-€26,314€184,999▲
Operating profit (loss)9901-€50,465€184,699▲
Financial charges65/66B€9,562€919▼
Recurring financial charges65€9,562€919▼
Profit (loss) for the period before taxes9903-€60,027€183,780▲
Profit (loss) for the period9904-€60,027€183,780▲
Profit (loss) for the period to be appropriated9905-€60,027€183,780▲
Appropriation of the result
Profit (loss) to be appropriated9906-€75,872€107,908▲
Profit (loss) brought forward from the previous period14P-€15,845-€75,872▼
Transfer to equity691/2-€107,908
To other reserves6921-€107,908

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

Line20202021202220232024Change
Non-recurring operating income76A----€208,748-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,937€22,025€22,266€22,266€151▼ 99.3%
Other operating charges640/8-€2,473€1,832€1,885€148▼ 92.1%
Gross operating margin9900€26,589€11,266€2,464-€26,314€184,999▲ 803%
Operating profit (loss)9901€2,219-€13,232-€21,634-€50,465€184,699▲ 466%
Financial income75/76B-€30€1---
Recurring financial income75€0€30€1---
Financial charges65/66B-€11,629€10,600€9,562€919▼ 90.4%
Recurring financial charges65€11,406€11,629€10,600€9,562€919▼ 90.4%
Profit (loss) for the period before taxes9903-€34,687-€24,831-€32,234-€60,027€183,780▲ 406%
Profit (loss) for the period9904-€34,687-€24,831-€32,234-€60,027€183,780▲ 406%
Profit (loss) for the period to be appropriated9905-€34,687-€24,831-€32,234-€60,027€183,780▲ 406%
Line20202021202220232024Change
Assets
Total assets20/58€404,839€373,910€328,550€281,203€274,018▼ 2.6%
Fixed assets21/28€245,091€223,066€205,621€183,355€1,528▼ 99.2%
Tangible fixed assets22/27€243,651€221,626€204,181€181,915€88▼ 100.0%
Land and buildings22-€221,084€203,790€181,675--
Plant, machinery and equipment23-€542€391€239€88▼ 63.2%
Financial fixed assets28€1,440€1,440€1,440€1,440€1,440=
Current assets29/58€159,748€150,844€122,930€97,848€272,490▲ 178%
Amounts receivable within one year40/41€151,898€122,398€104,996€94,625€270,860▲ 186%
Other amounts receivable41-€122,398€104,996€94,625€270,860▲ 186%
Cash at bank and in hand54/58€4,850€21,446€17,934€3,149€1,630▼ 48.2%
Deferred charges and accrued income490/1-€7,000€0€74--
Equity and liabilities
Total equity and liabilities10/49€404,839€373,910€328,550€281,203€274,018▼ 2.6%
Equity10/15€206,220€181,389€149,155€89,128€272,908▲ 206%
Contributions10/11-€150,000€150,000€150,000€150,000=
Reserves13€15,000€15,000€15,000€15,000€122,908▲ 719%
Non-distributable reserves130/1-€15,000€15,000€15,000€15,000=
Reserves not available under the articles1311-€15,000€15,000€15,000€15,000=
Distributable reserves133----€107,908-
Profit (loss) carried forward14€41,220€16,389-€15,845-€75,872--
Amounts payable17/49€198,619€192,521€179,395€192,075€1,110▼ 99.4%
Amounts payable after more than one year17€182,983€174,473€156,717€137,931--
Financial debts170/4-€174,473€156,717€137,931--
Amounts payable within one year42/48€15,635€18,047€22,628€54,143€1,110▼ 97.9%
Current portion of amounts payable after more than one year42-€16,783€17,756€18,786--
Trade debts44€62€558€335€18,409€1,110▼ 94.0%
Suppliers440/4-€558€335€18,409€1,110▼ 94.0%
Taxes, remuneration and social security45-€706€0---
Taxes450/3-€706€0---
Other amounts payable47/48--€4,537€16,949--
Accrued charges and deferred income492/3--€50---
Line20202021202220232024Change
Profit (loss) for the period9904-€34,687-€24,831-€32,234-€60,027€183,780▲ 406%
+ Depreciation and write-downs630€21,937€22,025€22,266€22,266€151▼ 99.3%
Operating cash flow (approximation)-€12,750-€2,806-€9,968-€37,761€183,931▲ 587%
Investment in fixed assets (approximation)-€0-€4,821€0€181,675-
Change in cash-€16,596-€3,512-€14,784-€1,519▲ 89.7%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €183,780
Net result €183,780 after 6 loss-making years.
31-12
Financial Liquidity times 136current ratio 245.47
Current ratio from 1.81 to 245.47; short-term debt falls from €54,143 to €1,110.
31-12
Financial Equity above €200,000Eq €272,908 ▲206%
Equity rises from €89,128 to €272,908.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial Weakest financial yearnet -€60,027
Net result drops to -€60,027, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Moorslede · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
3,204 m²
Building footprint
108 m²
Volume, LiDAR
581 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
NIRVANA HOLDING
Bedelfstraat 12A, 8750 WingeneNACE 7012001
since 20072.164.744.743
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37018D1022/00T000 Flanders 2,680 m² 1 · 108 m² 8.2 m · 2 fl.
36012C0066/00S004 Flanders 524 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2022 list no shareholders, and no other source names one.

Holdings 1

According to the 2022 annual accounts of NIRVANA HOLDING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded08-08-2007
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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