Nisocafran
ActiveNisocafran has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €134k. Equity is shrinking by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33▼-63
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.96 against 3.11 in 2024; short-term debt: 91.8% and cash: 64.2% of total assets), and 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
8.2%
Return on assets
58.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31642 sector peers (2025).
NBB · sector comparisonPosition among 31642 sector peers
Solvency
better than 15%
← weakest
strongest →
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 16-02-2026, 165 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
165 d early
2024
165 d early
2023
147 d early
2022
178 d early
2021
34 d early
2020
33 d early
2019
32 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
€19k▼ 89.3%
2024 · €176k
2019: €134k
2020: €287k
2021: €378k
2022: €175k
2023: €175k
2024: €176k
2019 → 2025
Total assets
€229k▼ 7.7%
2024 · €248k
2019: €200k
2020: €410k
2021: €426k
2022: €257k
2023: €234k
2024: €248k
2019 → 2025
Net result
€134k▼ 8.7%
2024 · €146k
2019: €116k
2020: €154k
2021: €91k
2022: €111k
2023: €132k
2024: €146k
2019 → 2025
Working capital
€-9k
2024 · €151k
2019: €130k
2020: €269k
2021: €361k
2022: €155k
2023: €151k
2024: €151k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€378k-€175k▼ 53.8%€175k▲ 0.1%€176k▲ 0.8%€19k▼ 89.3%
Operating result€128k-€151k▲ 17.9%€178k▲ 17.9%€198k▲ 10.9%€173k▼ 12.3%
Net result€91k-€111k▲ 22.4%€132k▲ 19.2%€146k▲ 10.7%€134k▼ 8.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€28k▲ 13.1%
Current assets
€201k▼ 10.0%
Equity and liabilities €229k
Equity
€19k▼ 89.3%
Debt
€210k▲ 192%
The debt ratio rises from 29.0% to 91.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€175k▼
2024 · €199k
Cash flow
€135k▼
2024 · €147k
Solvency
8.2%▼
2024 · 71.0%
Current ratio
0.96▼
2024 · 3.11
Quick ratio
0.96▼
2024 · 3.11
Debt / equity
11.16▲
2024 · 0.41
ROE
709.4%▲
2024 · 83.0%
ROA
58.3%▼
2024 · 59.0%
Interest coverage
974.20▼
2024 · 1202.21
Debt
€210k▲
2024 · €72k
Debt ≤ 1 year
€210k▲
2024 · €72k
Income taxes
€40k▼
2024 · €51k
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€248k€229k▼
Fixed assets21/28€25k€28k▲
Tangible fixed assets22/27€25k€28k▲
Furniture and vehicles24€987€295▼
Other tangible fixed assets26€24k€28k▲
Current assets29/58€223k€201k▼
Amounts receivable within one year40/41€98k€51k▼
Trade receivables40€93k€50k▼
Other amounts receivable41€5k€378▼
Cash at bank and in hand54/58€124k€147k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€248k€229k▼
Equity10/15€176k€19k▼
Contributions10/11€19k€19k=
Reserves13€158k€235▼
Distributable reserves133€158k€235▼
Amounts payable17/49€72k€210k▲
Amounts payable within one year42/48€72k€210k▲
Financial debts43€3€0▼
Credit institutions430/8€3€0▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€14k€19k▲
Taxes450/3€12k€17k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€55k€190k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€901€1k▲
Other operating charges640/8€812€821▲
Gross operating margin9900€199k€175k▼
Operating profit (loss)9901€198k€173k▼
Financial charges65/66B€165€179▲
Recurring financial charges65€165€179▲
Profit (loss) for the period before taxes9903€197k€173k▼
Income taxes67/77€51k€40k▼
Profit (loss) for the period9904€146k€134k▼
Profit (loss) for the period to be appropriated9905€146k€134k▼
Appropriation of the result
Profit (loss) to be appropriated9906€146k€134k▼
Transfer from equity791/2-€157k
Transfer to equity691/2€1k-
To other reserves6921€1k-
Profit to be distributed694/7€145k€291k▲
Return on contributions (dividend)694€145k€291k▲
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
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
State Gazette act
Board meeting · General meeting
Director resignation · Director reappointment
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €91k ▼41.2%
Net result drops to €91k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 8.51
Current ratio from 3.20 to 8.51; short-term debt falls from €122k to €48k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €154k ▲32.5%
Operating result €224k, net result €154k, both a record.
31-12
Financial
Equity above €200kEq €287k ▲114%
2 profitable years in a row build equity to €287k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
31-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Watermaal-Bosvoorde · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tumulidreef 161170 Watermaal-BosvoordeGround area
3,773 m²
Building footprint
215 m²
Volume, LiDAR
1,996 m³
Parcel 21652E0043/00X003, Brussels · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nisocafran
since 20182.282.098.214
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0043/00X003 | Brussels | 3,773 m² | 1 · 215 m² | 13.4 m · 3 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.
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared director
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Shared director
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Shared director
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Shared director
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Show 2 more network connections
Shared director
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Shared director
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Ownership & control
1 partyNisocafranBE 0707.985.182
controls
Where this company holds controlthis company sits on their board1
6 subsidiaries · 25 locations
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 29,953 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.
Contact details
1 entryE-mail:etienne_denoel@outlook.com