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NISO VAST

Active
Private limited companyfounded 1999active for 27 yearsMerbeekstraat 5, 3360 Bierbeek, BelgiumKBO/BCE: BE 0465.682.944
Summary

NISO VAST has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €36,641 and a net result of €3,194. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 29% of 431 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of bicycles
NACE 47632
9th oldest company in Bierbeek, Wholesale and retail trade sector1 site
Size
€271,724total assets 2026
Equity
€36,641
Profit
€3,194
Turnover not published (abbreviated or micro format)
Financial health
82 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 27 days early1 of 4 deeds read
Why 82raises riskSector: Retail trade (NACE 47)Equity €36,641 (13.5% of total assets)lowers riskFounded in 1999Size: total assets €271,724Show the evidence

Checked score

Score 2026
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (NACE 47, micro)
Financial strength · tick = 2025
Average
Solvency 38-62
equity 13.5% of total assets
Liquidity 26-45
short-term debt 86.5% · cash 19.4%
Profitability 70-7
return on assets 1.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,213 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.95, compared with 12.51 in 2025, below 1; short-term debt: 86.5% and cash: 19.4% of total assets), and 86.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 30% on solvency, 24% on liquidity, 52% on profitability and 6% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €271,724
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €36,641 (13.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 03-09-2026, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
27 days early
2025
32 days early
2024
35 days early
2023
1 day early
2022
15 days early
2021
30 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 3 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today28-02-2027 year end30-09-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Back to profitnet €23,805

Key points

  • Caution: Equity fell in 2026from €338,546 to €36,641 ▼ 89.2% View
  • Positive: 9th oldest company in Bierbeek, Wholesale and retail trade sectorin the Checked rankings No. 9 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2026
Total assets
€271,724
Profit
€3,194
Solvency
13.5%
Total assets▼ 25.1%
Net result
20192026
Go to Financials

Timeline

Events
34
Since
2001
Next accounts
by 30-09-2027
  1. 26-08-2024Annual accounts filed
  2. 23-01-2024Resignations: Geert NICLAES (statutory manager) and Sofie…
  3. 29-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
19-03-1999
Year ends
28-02
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Annual meeting
First Monday of August at 19:00
Purpose
“Het kopen en verkopen,huren en verhuren,bouwen en verbouwen van onroerende goederen; Zij…” (deed in Dutch)
Go to Articles of association

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