Nitra+
The computed 12-month bankruptcy probability of Nitra+ is 1.9% (moderate). The 2025 annual accounts show negative equity (€-25k) and a net result of €-53k. Equity is shrinking by ~125.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 409 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-25k |
| Net result | €-53k |
| Staff (FTE) | 7.6 |
| Better than sector | 21% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.6% | 26.9% | |
| Net result | €-53k | €5k | |
| Equity | €-25k | €17k | |
| Gross operating margin | €540k | €33k | |
| Staff costs | €543k | €46k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-13k |
| Net profit | €-53k |
| Cash flow | €-27k |
| Staff costs | €543k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €550k |
| Equity | €-25k |
| Debt | €575k |
| of which ≤ 1y | €569k |
| of which > 1y | €6k |
| Working capital | €-135k |
| Employees (FTE) | 7.6 |
| 2025 | |
|---|---|
| Current ratio | 0.76 |
| Quick ratio | 0.76 |
| Working capital ratio | -24.5% |
| Solvency | -4.6% |
| Debt / equity | -22.97 |
| Long-term debt ratio | -0.25 |
| Interest coverage | -1.12 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.7% |
| ROE | 212.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €550k |
| Fixed assets | 21/28 | €116k |
| Intangible fixed assets | 21 | €104k |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €435k |
| Amounts receivable within one year | 40/41 | €422k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €550k |
| Equity | 10/15 | €-25k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-45k |
| Amounts payable | 17/49 | €575k |
| Amounts payable after one year | 17 | €6k |
| Amounts payable within one year | 42/48 | €569k |
| Trade debts payable within one year | 44 | €239k |
| Income statement | ||
| Gross operating margin | 9900 | €540k |
| Operating result | 9901 | €-40k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-52k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-53k |
| Result to be appropriated | 9905 | €-53k |
| NACE primary | Personal services(96999) |
| Legal form | Private limited company(610) |
| Incorporation | 21-06-2022 |
| Status | Active |
| Postal code | 9160 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1760/00A000 | Flanders | 4,828 m² | 1 · 1,654 m² | 16.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-05-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-28",
"filing_date": "2024-05-10",
"act_kind_objet": "Voorstel inzake de met fusie door overneming gelijkgestelde verrichting"
},
"decision": {
"body": "raad_van_bestuur",
"act_date": "2024-05-10",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0713.806.964",
"name": "D.R.M.",
"role": "absorbed",
"address": "9160 Lokeren, Dieptestraat 2 bus 23a",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": "0787.491.035",
"name": "Nitra\u002B",
"role": "acquiring",
"address": "9160 Lokeren, Dieptestraat 2 bus 23a",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50"
],
"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": "2023-06-30",
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "Het gehele vermogen (zowel de rechten als de verplichtingen) van de besloten vennootschap \u0022D.R.M.\u0022 zal overgaan op de besloten vennootschap \u0022Nitra\u002B\u0022.",
"equity_transferred_eur": null,
"accounting_effective_date": "2024-07-01"
},
"subject_company": {
"kbo": "0787.491.035",
"name_full": "D.R.M.",
"legal_form": "BV",
"_kbo_extracted_mismatch": "0713.806.964"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0875.430.542",
"org_name": "VGD Accountants en Belastingconsulenten BV",
"person_name": null,
"org_rep_person_name": "Inge Marquenie"
},
"summary_narrative": "De besloten vennootschap \u0022D.R.M.\u0022 wordt overgenomen door de besloten vennootschap \u0022Nitra\u002B\u0022 in een met fusie door overneming gelijkgestelde verrichting. Het gehele vermogen van D.R.M. zal zonder vereffening overgaan op Nitra\u002B. De fusie is een stilte-fusie omdat alle aandelen van beide vennootschappen in handen zijn van \u00E9\u00E9n persoon en er geen nieuwe aandelen worden uitgegeven. De handelingen worden boekhoudkundig geacht te zijn verricht vanaf 1 juli 2024.",
"co_filed_documents": [
"fusievoorstel de dato 10 mei 2024"
],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Nitra+ |