NISHATI
ActiveNISHATI has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206k and a net result of €65k. Equity is growing by ~44.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.42 against 2.85 in 2024; short-term debt: 18.5% and cash: 65.1% of total assets), and 18.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.5%
Return on assets
25.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
18 d late
2024
34 d early
2023
26 d early
2022
10 d late
2021
29 d late
2020
30 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€206k▲ 46.4%
2024 · €141k
2020: €32k
2021: €37k
2022: €75k
2023: €78k
2024: €141k
2020 → 2025
Total assets
€253k▲ 35.8%
2024 · €186k
2020: €59k
2021: €67k
2022: €103k
2023: €180k
2024: €186k
2020 → 2025
Net result
€65k▲ 3.8%
2024 · €63k
2020: €20k
2021: €5k
2022: €38k
2023: €59k
2024: €63k
2020 → 2025
Working capital
€160k▲ 90.7%
2024 · €84k
2020: €30k
2021: €36k
2022: €71k
2023: €45k
2024: €84k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€75k▲ 103%€78k▲ 3.3%€141k▲ 80.9%€206k▲ 46.4%
Operating result€7k-€48k▲ 615%€75k▲ 56.4%€82k▲ 8.9%€84k▲ 2.9%
Net result€5k-€38k▲ 688%€59k▲ 53.7%€63k▲ 7.4%€65k▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€46k▼ 19.0%
Current assets
€207k▲ 59.9%
Equity and liabilities €253k
Equity
€206k▲ 46.4%
Debt
€47k▲ 3.1%
The debt ratio falls from 24.4% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €92k
Cash flow
€77k▲
2024 · €73k
Solvency
81.5%▲
2024 · 75.6%
Current ratio
4.42▲
2024 · 2.85
Quick ratio
4.42▲
2024 · 2.85
Debt / equity
0.23▼
2024 · 0.32
ROE
31.7%▼
2024 · 44.7%
ROA
25.8%▼
2024 · 33.8%
Interest coverage
569.87▲
2024 · 175.79
Debt
€47k▲
2024 · €45k
Debt ≤ 1 year
€47k▲
2024 · €45k
Income taxes
€19k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€186k€253k▲
Fixed assets21/28€57k€46k▼
Tangible fixed assets22/27€57k€46k▼
Furniture and vehicles24€33k€25k▼
Other tangible fixed assets26€24k€21k▼
Current assets29/58€129k€207k▲
Amounts receivable within one year40/41€19k€37k▲
Trade receivables40€16k€32k▲
Other amounts receivable41€3k€5k▲
Current investments50/53-€3k
Cash at bank and in hand54/58€109k€165k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€186k€253k▲
Equity10/15€141k€206k▲
Contributions10/11€12k€12k=
Reserves13€67k€69k▲
Tax-exempt reserves132€14k€15k▲
Distributable reserves133€53k€53k=
Profit (loss) carried forward14€61k€125k▲
Amounts payable17/49€45k€47k▲
Amounts payable within one year42/48€45k€47k▲
Trade debts44€891€3k▲
Suppliers440/4€891€3k▲
Taxes, remuneration and social security45€44k€44k▼
Taxes450/3€44k€44k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€885€788▼
Gross operating margin9900€93k€97k▲
Operating profit (loss)9901€82k€84k▲
Financial income75/76B-€26
Recurring financial income75-€26
Financial charges65/66B€524€169▼
Recurring financial charges65€524€169▼
Profit (loss) for the period before taxes9903€82k€84k▲
Income taxes67/77€19k€19k▲
Profit (loss) for the period9904€63k€65k▲
Transfer to tax-exempt reserves689€2k€2k▲
Profit (loss) for the period to be appropriated9905€61k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€125k▲
Profit (loss) brought forward from the previous period14P-€61k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Highest result since 2020net €65k ▲3.8%
Operating result €84k, net result €65k, both a record.
31-12
Financial
Equity above €200kEq €206k ▲46.4%
6 profitable years in a row build equity to €206k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €141k ▲80.9%
5 profitable years in a row build equity to €141k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €5k ▼75.7%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2019
Ground area
435 m²
Building footprint
112 m²
Volume, LiDAR
671 m³
Parcel 44809I0143/00E002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NISHATI
since 20192.288.384.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0143/00E002 | Flanders | 435 m² | 1 · 112 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,763 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.