Equity
€196,476 ▲ 35.2%
NITRO has made a profit in every financial year since 2021.
NITRO
Lifetime
5 annual accounts with figures on one time axispeak €98,538 (2025)
€98,538▲ 34.9%
peak €51,146 (2025)
€51,146▲ 40.2%
peak €196,476 (2025)
€196,476▲ 35.2%
€24,171▼ 33.7%
Board1 name since 2020
1 directorROEGIEST Nico Leon
Documentsfilings and deeds
24-03-202637 days before the deadline
2025micro format
Gross margin from €73,020 to €98,538Result from €36,487 to €51,146Equity from €145,330 to €196,476Debts from €36,483 to €24,171Cash from €118,573 to €155,532
Key points
from the 2025 annual accountsLiquidity
7.87 was 4.41 in 2024
Short-term debts fell from €32,960 to €24,171.
Position in the sector
89.0%
Higher solvency than 93% of companies in land transport. Sector median 37.7% · 5,942 companies.
Checked score
94
Excellent
Financially stronger than 88% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.2%▼ -0.4 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2020
lowers risk
Liquidity: current ratio 7.87, cash €155,532
Equity €196,476 (89.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 92% of them on solvency, 97% on liquidity, 86% on profitability and 75% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as NITRO has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NITRO itself is lower: 0.2% within 12 months. It rests on far more data about NITRO than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for NITRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.87 (4.41 in 2024), above the usual 1.5. Short-term debt is 11% and cash 70.5% of total assets. 11% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-03-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 days early
2024
16 days early
2023
43 days early
2022
30 days early
2021
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 32 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0755469454
Registered office moved within Ertvelde
New registered office: Blauwesteenstraat 10 te 9940 Ertvelde · Previous registered office: Trilkouter 2/D te 9940 Ertvelde · Board meeting of 21-03-2022 · Gazette deed
Incorporation
Founder: ROEGIEST Nico Leon · 100 shares · Appointment: ROEGIEST Nico Leon (director) · published on 02-10-2020 · Gazette deed
First establishment
Blauwesteenstraat 10, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NITRO Evergem | €220,648 | €98,538 | 89.0% | - |
| Grondwerken JSD Sint-Gillis-Waas | €227,130 | €99,053 | 27.1% | - |
| CEO SERVICES Beveren-Kruibeke-Zwijndrecht | €200,316 | €101,197 | 52.2% | - |
| DDM Services BV Erpe-Mere | €260,583 | €98,678 | 80.9% | - |
| SOLAK TRANSPORT Dendermonde | €192,904 | €126,464 | 22.4% | - |
| AKAY68 Temse | €182,935 | €119,939 | 87.4% | - |
| Transports Etienne Coulon La Louvière | €200,765 | €105,434 | 47.5% | - |
These companies have the same main activity as NITRO: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €183,000 and €261,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 30-09-2020Normal situation
- Activity
- Freight transport by roadNACE 49410and 4 others
- Establishment unit
- 2.307.886.1589940 Evergem, since 30-09-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 01-09-2025
Annual accounts to 30-09-2025
- ≈ €340,000estimated
- €220,648▲ 21.4%
- Filing
- Filed on 24-03-2026, 37 days before the end of the filing period
Insights on NITRO
NITRO files the micro format. That format states no turnover. The gross margin rose from €65,454 in 2021 to €98,538 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NITRO
- What is the company number of NITRO?
- The company number of NITRO is 0755.469.454. The VAT number is the same number with BE in front: BE 0755.469.454.
- Where is NITRO based?
- The registered office is at Blauwesteenstraat 10, 9940 Evergem.Company details
- What does NITRO do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of NITRO?
- NITRO is a private limited company (BV).
- When was NITRO founded?
- NITRO was founded on 30-09-2020.
- Is NITRO still active?
- Yes, NITRO is an active enterprise in the KBO register.
- What is the turnover of NITRO?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €98,538 and 47 comparable companies (NACE 49410). It probably lies between €270,000 and €420,000.Financials
- Is NITRO profitable?
- In financial year 2025, NITRO made a profit of €51,146.
- Where can I find the annual accounts of NITRO?
- NITRO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NITRO due?
- NITRO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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