Nitor.be
ActiveSummary
Nitor.be has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-16
Solvency53▲+35
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.47 in 2024; short-term debt: 68.2% and cash: 0% of total assets), and 71.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
28.1%
Return on assets
2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-12-2025, 141 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
141 d early
2024
78 d early
2023
31 d late
2022
22 d late
2021
4 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€35k
2024 · €-7k
Total assets
€125k▲ 18.0%
2024 · €106k
Net result
€2k▼ 84.0%
2024 · €16k
Working capital
€-2k▲ 97.2%
2024 · €-58k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1k-€-4k€-21k▼ 441%€23k€10k▼ 56.7%
Net result€5-€-9k€-24k▼ 173%€16k€2k▼ 84.0%
Equity€10k-€1k▼ 88.5%€-23k€-7k▲ 67.6%€35k
Total assets€211k-€115k▼ 45.7%€68k▼ 40.6%€106k▲ 55.0%€125k▲ 18.0%
Debt€201k-€114k▼ 43.5%€91k▼ 19.8%€113k▲ 24.1%€90k▼ 20.7%
Working capital€-58k-€-62k▼ 8.4%€-73k▼ 16.6%€-58k▲ 19.7%€-2k▲ 97.2%
Staff (FTE)1.8-3▲ 66.7%2.8▼ 6.7%2.9▲ 3.6%3.8▲ 31.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€41k ▼ 23.0%
Current assets
€83k ▲ 60.2%
Equity and liabilities €125k
Equity
€35k
Debt
€90k
Debt finances 71.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€24k▼
2024 · €37k
Cash flow
€16k▼
2024 · €29k
Current ratio
0.98▲
2024 · 0.47
Debt to equity
2.56▲
2024 · -15.19
ROE
7.1%
ROA
2.0%▼
2024 · 14.7%
Interest coverage
11.23▼
2024 · 18.20
Debt ≤ 1 year
€85k▼
2024 · €110k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€6k▲
2024 · €6k
Staff costs
€220k▲
2024 · €164k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €12k | - |
| Remuneration, social security and pensions62 | €109k | €129k | €152k | €164k | €220k | ▲ 34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €14k | €16k | €14k | €13k | ▼ 3.0% |
| Other operating charges640/8 | €5k | €4k | €4k | €3k | €1k | ▼ 59.3% |
| Non-recurring operating charges66A | - | €750 | - | - | - | - |
| Gross operating margin9900 | €131k | €145k | €150k | €204k | €245k | ▲ 20.0% |
| Operating profit (loss)9901 | €1k | €-4k | €-21k | €23k | €10k | ▼ 56.7% |
| Financial income75/76B | €0 | €0 | €0 | €102 | €608 | ▲ 497% |
| Recurring financial income75 | €0 | €0 | €0 | €102 | €608 | ▲ 497% |
| Financial charges65/66B | €1k | €2k | €2k | €2k | €2k | ▲ 2.7% |
| Recurring financial charges65 | €1k | €2k | €2k | €2k | €2k | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €5 | €-6k | €-24k | €21k | €9k | ▼ 59.7% |
| Income taxes67/77 | - | €3k | €625 | €6k | €6k | ▲ 4.7% |
| Profit (loss) for the period9904 | €5 | €-9k | €-24k | €16k | €2k | ▼ 84.0% |
| Profit (loss) for the period to be appropriated9905 | €5 | €-9k | €-24k | €16k | €2k | ▼ 84.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €115k | €68k | €106k | €125k | ▲ 18.0% |
| Fixed assets21/28 | €68k | €71k | €55k | €54k | €41k | ▼ 23.0% |
| Intangible fixed assets21 | €48k | €42k | €36k | €31k | €25k | ▼ 18.9% |
| Tangible fixed assets22/27 | €14k | €21k | €14k | €19k | €12k | ▼ 34.4% |
| Furniture and vehicles24 | €14k | €21k | €14k | €19k | €12k | ▼ 34.4% |
| Financial fixed assets28 | €6k | €8k | €4k | €4k | €4k | = |
| Current assets29/58 | €144k | €44k | €13k | €52k | €83k | ▲ 60.2% |
| Amounts receivable within one year40/41 | €29k | €35k | €13k | €32k | €69k | ▲ 116% |
| Trade receivables40 | €17k | €35k | €13k | €28k | €34k | ▲ 23.0% |
| Other amounts receivable41 | €11k | €708 | €646 | €4k | €34k | ▲ 782% |
| Cash at bank and in hand54/58 | €111k | €8k | - | €11k | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €4k | - | - | €9k | €15k | ▲ 61.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €115k | €68k | €106k | €125k | ▲ 18.0% |
| Equity10/15 | €10k | €1k | €-23k | €-7k | €35k | ▲ 571% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €50k | ▲ 400% |
| Profit (loss) carried forward14 | €5 | €-9k | €-33k | €-17k | €-15k | ▲ 14.3% |
| Amounts payable17/49 | €201k | €114k | €91k | €113k | €90k | ▼ 20.7% |
| Amounts payable after more than one year17 | - | €8k | €5k | €2k | €0 | ▼ 100% |
| Financial debts170/4 | - | €8k | €5k | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €201k | €106k | €86k | €110k | €85k | ▼ 23.0% |
| Current portion of amounts payable after more than one year42 | - | €1k | €3k | €3k | €2k | ▼ 13.5% |
| Financial debts43 | - | - | €5k | €0 | €633 | - |
| Credit institutions430/8 | - | - | €5k | €0 | €633 | - |
| Trade debts44 | €16k | €50k | €4k | €30k | €18k | ▼ 38.1% |
| Suppliers440/4 | €16k | €50k | €4k | €30k | €18k | ▼ 38.1% |
| Advances received on contracts in progress46 | €144k | - | - | €25k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €15k | €19k | €24k | €36k | €64k | ▲ 77.4% |
| Taxes450/3 | - | €770 | €5k | €8k | €19k | ▲ 145% |
| Remuneration and social security454/9 | €15k | €18k | €19k | €28k | €45k | ▲ 58.7% |
| Other amounts payable47/48 | €26k | €36k | €50k | €17k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €294 | €5k | ▲ 1,471% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5 | €-9k | €-24k | €16k | €2k | ▼ 84.0% |
| + Depreciation and write-downs630 | €16k | €14k | €16k | €14k | €13k | ▼ 3.0% |
| Operating cash flow (approximation) | €16k | €5k | €-9k | €29k | €16k | ▼ 45.7% |
| Investment in fixed assets (approximation) | - | €-18k | €881 | €-13k | €-1k | ▲ 90.7% |
| Change in cash | - | €-103k | - | - | €-11k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Westerlo · 1 establishment unit since 2020
Ground area
1,255 m²
Building footprint
871 m²
Volume, LiDAR
39 m³
Parcel 13039B0030/00T000, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Nitor.be
since 20202.298.754.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13039B0030/00T000 | Flanders | 1,255 m² | 1 · 871 m² | 5.9 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 8,566 EUR awarded · 8,566 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,108 EUR | 3,108 EUR |
| 2023 | 1 | 2,025 EUR | 2,025 EUR |
| 2022 | 2 | 3,433 EUR | 3,433 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 14,676 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2020
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mail
dieter.schoenmakers@nitor.be
Phone
0475524477
Scores and ratios are computed by Checked and are not a credit decision.