NITO
ActiveNITO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €969. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-89
Solvency90▼-9
Growth52=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.44 in 2024), but 54.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
45.2%
Return on assets
1%
Age of the figures
8 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
22 d early
2023
on the day
2022
on the day
2021
4 d early
2020
32 d early
2019
1 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 33.1%
2024 · €68k
2019: €27k
2020: €31k
2021: €34k
2022: €71k
2023: €47k
2024: €68k
2019 → 2025
Total assets
€101k▼ 10.1%
2024 · €112k
2019: €73k
2020: €113k
2021: €96k
2022: €155k
2023: €98k
2024: €112k
2019 → 2025
Net result
€969▼ 95.4%
2024 · €21k
2019: €21k
2020: €4k
2021: €3k
2022: €37k
2023: €-24k
2024: €21k
2019 → 2025
Working capital
€53k▼ 16.5%
2024 · €64k
2019: €17k
2020: €341
2021: €17k
2022: €51k
2023: €36k
2024: €64k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€71k▲ 109%€47k▼ 34.0%€68k▲ 44.5%€45k▼ 33.1%
Operating result€5k-€56k▲ 1,064%€-24k€22k€2k▼ 89.6%
Net result€3k-€37k▲ 1,048%€-24k€21k€969▼ 95.4%
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 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€4k▼ 2.3%
Current assets
€96k▼ 10.4%
Equity and liabilities €101k
Equity
€45k▼ 33.1%
Debt
€55k▲ 25.4%
The debt ratio rises from 39.3% to 54.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €29k
Cash flow
€4k▼
2024 · €28k
Solvency
45.2%▼
2024 · 60.7%
Current ratio
2.23▼
2024 · 2.44
Quick ratio
1.82▼
2024 · 1.99
Debt / equity
1.21▲
2024 · 0.65
ROE
2.1%▼
2024 · 30.8%
ROA
1.0%▼
2024 · 18.7%
Interest coverage
14.68▼
2024 · 84.48
Debt
€55k▲
2024 · €44k
Debt ≤ 1 year
€43k▼
2024 · €44k
Income taxes
€1k▲
2024 · €1k
Staff costs
€105k▼
2024 · €111k
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€112k€101k▼
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€4k▼
Furniture and vehicles24€4k€4k▼
Current assets29/58€108k€96k▼
Stocks and contracts in progress3€20k€18k▼
Stocks30/36€20k€18k▼
Amounts receivable within one year40/41€72k€65k▼
Trade receivables40€64k€42k▼
Other amounts receivable41€8k€22k▲
Cash at bank and in hand54/58€13k€11k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€112k€101k▼
Equity10/15€68k€45k▼
Contributions10/11€6k€6k=
Reserves13€66k€41k▼
Distributable reserves133€66k€41k▼
Profit (loss) carried forward14€-4k€-2k▲
Amounts payable17/49€44k€55k▲
Amounts payable within one year42/48€44k€43k▼
Trade debts44€35k€33k▼
Suppliers440/4€35k€33k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€72€1k▲
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€1k€1k▼
Accrued charges and deferred income492/3-€12k
Income statement
Code20242025
Non-recurring operating income76A€12k€737▼
Remuneration, social security and pensions62€111k€105k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€143k€113k▼
Operating profit (loss)9901€22k€2k▼
Financial income75/76B€185€151▼
Recurring financial income75€185€151▼
Financial charges65/66B€348€338▼
Recurring financial charges65€348€338▼
Profit (loss) for the period before taxes9903€22k€2k▼
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€21k€969▼
Profit (loss) for the period to be appropriated9905€21k€969▼
Appropriation of the result
Profit (loss) to be appropriated9906€-58€-3k▼
Profit (loss) brought forward from the previous period14P€-21k€-4k▲
Transfer from equity791/2-€25k
Transfer to equity691/2€4k-
To other reserves6921€4k-
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (7 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-24k ▼165%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €37k ▲1048%
Operating result €56k, net result €37k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-07-2024
Resigned as Director
Location & real-estate footprint
Registered office, Oostende · 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.
Duivenhokstraat 618400 OostendeGround area
359 m²
Building footprint
281 m²
Volume, LiDAR
565 m³
Parcel 35384A0037/00D021, Flanders · tallest building 6.9 m. Linked by address, not a title deed.
1 establishment unit
NITO
since 20182.273.672.179
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0037/00D021 | Flanders | 359 m² | 1 · 281 m² | 6.9 m |
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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FARAMINEUX
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,436 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.