Summary
NITRAM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €159,745 and a net result of €38,306. Equity is growing by ~41.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 9866 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
43 d early
2022
12 d early
2021
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€159,745▲ 31.5%
2023 · €121,439
Net result
€38,306▼ 8.4%
2023 · €41,836
Total assets
€169,792▲ 29.4%
2023 · €131,225
Solvency
94.1%▲ 1.5pp
2023 · 92.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€46,935-€51,767▲ 10.3%€54,152▲ 4.6%€47,852▼ 11.6%
Net result€31,816within the sector's middle half-€42,787within the sector's middle half▲ 34.5%€41,836within the sector's middle half▼ 2.2%€38,306within the sector's middle half▼ 8.4%
Equity€36,816below the sector's middle half-€79,603within the sector's middle half▲ 116%€121,439within the sector's middle half▲ 52.6%€159,745within the sector's middle half▲ 31.5%
Total assets€57,048below the sector's middle half-€93,075below the sector's middle half▲ 63.2%€131,225within the sector's middle half▲ 41.0%€169,792within the sector's middle half▲ 29.4%
Debt€20,232-€13,472▼ 33.4%€9,786▼ 27.4%€10,047▲ 2.7%
Working capital€35,545-€78,597▲ 121%€118,408▲ 50.7%€157,539▲ 33.0%
Solvency64.5%within the sector's middle half-85.5%above the sector's middle half▲ 21.0pp92.5%above the sector's middle half▲ 7.0pp94.1%above the sector's middle half▲ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169,792
Fixed assets
€2,205 ▼ 27.2%
Current assets
€167,587 ▲ 30.7%
Equity and liabilities €169,792
Equity
€159,745 ▲ 31.5%
Debt
€10,047 ▲ 2.7%
Debt's share of the balance-sheet total falls from 7.5% to 5.9%. Equity and debt are higher.
Key figures and ratios
ROE
24.0%▼
2023 · 34.5%
ROA
22.6%▼
2023 · 31.9%
Debt ≤ 1 year
€10,047▲
2023 · €9,786
Income taxes
€11,286▼
2023 · €12,091
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55 | €265 | €776 | €825 | ▲ 6.4% |
| Other operating charges640/8 | - | €112 | €1,335 | €126 | ▼ 90.6% |
| Gross operating margin9900 | €46,990 | €52,144 | €56,263 | €48,803 | ▼ 13.3% |
| Operating profit (loss)9901 | €46,935 | €51,767 | €54,152 | €47,852 | ▼ 11.6% |
| Financial income75/76B | €27 | - | - | €3,121 | - |
| Recurring financial income75 | €27 | - | - | €3,121 | - |
| Financial charges65/66B | €32 | €828 | €225 | €1,381 | ▲ 515% |
| Recurring financial charges65 | €32 | €828 | €225 | €1,381 | ▲ 515% |
| Profit (loss) for the period before taxes9903 | €46,930 | €50,939 | €53,927 | €49,591 | ▼ 8.0% |
| Income taxes67/77 | €15,114 | €8,152 | €12,091 | €11,286 | ▼ 6.7% |
| Profit (loss) for the period9904 | €31,816 | €42,787 | €41,836 | €38,306 | ▼ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €31,816 | €42,787 | €41,836 | €38,306 | ▼ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €57,048 | €93,075 | €131,225 | €169,792 | ▲ 29.4% |
| Fixed assets21/28 | €1,271 | €1,006 | €3,031 | €2,205 | ▼ 27.2% |
| Tangible fixed assets22/27 | €1,271 | €1,006 | €3,031 | €2,205 | ▼ 27.2% |
| Furniture and vehicles24 | €1,271 | €1,006 | €3,031 | €2,205 | ▼ 27.2% |
| Current assets29/58 | €55,777 | €92,069 | €128,194 | €167,587 | ▲ 30.7% |
| Amounts receivable within one year40/41 | €16,677 | €12,826 | €13,235 | €16,885 | ▲ 27.6% |
| Trade receivables40 | €16,677 | €12,826 | €12,826 | €12,826 | = |
| Other amounts receivable41 | - | - | €409 | €4,059 | ▲ 893% |
| Current investments50/53 | - | - | €100,000 | €125,000 | ▲ 25.0% |
| Cash at bank and in hand54/58 | €39,100 | €79,243 | €14,959 | €25,701 | ▲ 71.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €57,048 | €93,075 | €131,225 | €169,792 | ▲ 29.4% |
| Equity10/15 | €36,816 | €79,603 | €121,439 | €159,745 | ▲ 31.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €31,816 | €74,603 | €116,439 | €154,745 | ▲ 32.9% |
| Amounts payable17/49 | €20,232 | €13,472 | €9,786 | €10,047 | ▲ 2.7% |
| Amounts payable within one year42/48 | €20,232 | €13,472 | €9,786 | €10,047 | ▲ 2.7% |
| Trade debts44 | €1,337 | €510 | €760 | €349 | ▼ 54.1% |
| Suppliers440/4 | €1,337 | €510 | €760 | €349 | ▼ 54.1% |
| Taxes, remuneration and social security45 | €18,895 | €11,590 | €7,092 | €6,086 | ▼ 14.2% |
| Taxes450/3 | €18,895 | €11,590 | €7,092 | €6,086 | ▼ 14.2% |
| Other amounts payable47/48 | - | €1,373 | €1,934 | €3,613 | ▲ 86.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,816 | €42,787 | €41,836 | €38,306 | ▼ 8.4% |
| + Depreciation and write-downs630 | €55 | €265 | €776 | €825 | ▲ 6.4% |
| Operating cash flow (approximation) | €31,871 | €43,052 | €42,612 | €39,131 | ▼ 8.2% |
| Investment in fixed assets (approximation) | - | €0 | -€2,801 | €0 | ▲ 100% |
| Change in cash | - | €40,144 | -€64,284 | €10,742 | ▲ 117% |
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
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150,000Eq €159,745 ▲31.5%
4 profitable years in a row build equity to €159,745.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €121,439 ▲52.6%
3 profitable years in a row build equity to €121,439.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €42,787 ▲34.5%
Net result €42,787, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.83
Current ratio from 2.76 to 6.83; short-term debt falls from €20,232 to €13,472.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2021
Ground area
1,234 m²
Building footprint
210 m²
Volume, LiDAR
956 m³
Parcel 34026B0347/00P000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NITRAM
since 20212.315.840.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026B0347/00P000 | Flanders | 1,234 m² | 1 · 210 m² | 6.7 m · 1 fl. |
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.
Similar companies · same sector, comparable size
PROFFIN
BE 0825.154.452
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Beckers & Van Zon
BE 0716.638.473
Pelt · Eq €159,699
YSER CONSEIL
BE 0738.750.119
Tournai · Eq €159,670
OLIMATS
BE 0769.363.319
Grobbendonk · Eq €159,825
MEECKERS XAVIER MANAGEMENT
BE 0665.825.420
Aubel · Eq €159,662
Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,331 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
Founded02-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
73110Advertising agencies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766332464
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.