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NISHO

Active
Private limited companyfounded 2022active for 4 yearsMiddenstraat 45, 3582 Beringen, BelgiumKBO/BCE: BE 0782.439.117
Summary

NISHO has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,746 and a net result of €9,443. Equity has been growing by about 18% per year since 2023. Its solvency ranks better than 50% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 21-02-2022 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit
2.328.218.348 3582 Beringen, since 21-02-2022
Financial year end
31 December
Peppol
Reachable since 15-12-2023

Board and ownership

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€19,653
▼ 15.1%
Turnover
≈ €260,000
estimated
Profit
€9,443
▼ 21.3%
Equity
€67,746
▲ 16.2%
Total assets
€146,270
▲ 24.8%
Score breakdownraises riskFounded in 20221 change of registered office in 24 months1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.93, cash €42,341Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 57% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 71-4
equity 46.3% of total assets
Liquidity 62-20
short-term debt 48.6% · cash 28.9%
Profitability 77-5
return on assets 6.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.7 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.2 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.7%▲ +0.3 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.3 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.93 (2.35 in 2024), above the usual 1.5. Short-term debt is 48.6% and cash 28.9% of total assets. However, 53.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 50% of them on solvency, 60% on liquidity, 53% on profitability and 63% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.93, cash €42,341
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
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 24-03-2026, 129 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
129 days early
2024
29 days early
2023
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 32 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (3 of the last 3 accounts filed within 100 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Recent changes

  1. · Gazette deed Registered office
  2. · Gazette deed IncorporationStarting capital €15,000 · Appointment: BEERTEN Nicolas Armand Annemie (director)
All 5 events

Comparable companies

These companies have the same main activity as NISHO: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €98,600 and €153,000, founded between 2021 and 2023.

CompanyTotal assetsGross margin
NISHO Beringen€146,270€19,653
VDH Dilsen-Stokkem€124,588€19,198
EMS CHAUFFAGE Ukkel€153,357€22,563
INSTATECH-PJ Lontzen€139,171€23,034
Walbers Verwarming en Sanitair Pelt€146,194€32,398
ERBA Cooling Genk€100,500€19,397
Air Tech Solutions Tessenderlo-Ham€98,567€15,762
Full comparison

Key facts about NISHO

What is the company number of NISHO?
The company number of NISHO is 0782.439.117. The VAT number is the same number with BE in front: BE 0782.439.117.
Where is NISHO based?
The registered office is at Middenstraat 45, 3582 Beringen.Company details
What does NISHO do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of NISHO?
The legal form of NISHO is Private limited company (BV).
When was NISHO founded?
NISHO was founded on 21-02-2022.
Is NISHO still active?
Yes, NISHO is an active enterprise in the KBO register.
What is the turnover of NISHO?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €19,653 and 32 comparable companies (NACE 43222). It probably lies between €160,000 and €370,000. It is a rough estimate.Financials
Is NISHO profitable?
In financial year 2025, NISHO made a profit of €9,443.
Where can I find the annual accounts of NISHO?
NISHO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NISHO due?
NISHO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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