NITRONEXION
ActiveSummary
NITRONEXION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €883. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▲+15
Solvency58▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.23 in 2023; short-term debt: 65.8% of total assets), and 67.2% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.8%
Return on assets
0.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
60 d late
2021
70 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 2.0%
2023 · €44k
2018: €32k
2019: €34k
2020: €36k
2021: €38k
2022: €52k
2023: €44k
2018 → 2024
Total assets
€137k▼ 7.5%
2023 · €148k
2018: €134k
2019: €142k
2020: €135k
2021: €116k
2022: €124k
2023: €148k
2018 → 2024
Net result
€883
2023 · €-8k
2018: €-8k
2019: €2k
2020: €2k
2021: €2k
2022: €19k
2023: €-8k
2018 → 2024
Working capital
€26k▲ 19.3%
2023 · €22k
2018: €1k
2019: €6k
2020: €12k
2021: €18k
2022: €35k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€38k▲ 4.5%€52k▲ 37.8%€44k▼ 15.6%€45k▲ 2.0%
Operating result€12k-€5k▼ 62.2%€24k▲ 428%€3k▼ 88.2%€8k▲ 170%
Net result€2k-€2k▼ 27.5%€19k▲ 1,063%€-8k€883
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 170% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137k
Fixed assets
€21k ▼ 34.3%
Current assets
€117k ▼ 0.3%
Equity and liabilities €137k
Equity
€45k ▲ 2.0%
Debt
€92k ▼ 11.5%
The debt ratio falls from 70.3% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2023 · €13k
Cash flow
€13k▲
2023 · €2k
Current ratio
1.29▲
2023 · 1.23
Quick ratio
1.28▲
2023 · 1.22
Debt / equity
2.05▼
2023 · 2.36
ROE
2.0%▲
2023 · -18.5%
ROA
0.6%▲
2023 · -5.5%
Interest coverage
2.77▲
2023 · 1.92
Debt ≤ 1 year
€90k▼
2023 · €95k
Debt > 1 year
€2k▼
2023 · €9k
Income taxes
€574▼
2023 · €8k
Staff costs
€24k▼
2023 · €24k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€148k€137k▼
Fixed assets21/28€31k€21k▼
Tangible fixed assets22/27€31k€21k▼
Land and buildings22€13k€9k▼
Plant, machinery and equipment23€725€1k▲
Furniture and vehicles24€18k€10k▼
Current assets29/58€117k€117k▼
Stocks and contracts in progress3€1k€657▼
Stocks30/36€1k€657▼
Amounts receivable within one year40/41€112k€112k▲
Trade receivables40€42k€42k▲
Other amounts receivable41€70k€71k▲
Current investments50/53€22€22=
Deferred charges and accrued income490/1€4k€4k=
Equity and liabilities
Total equity and liabilities10/49€148k€137k▼
Equity10/15€44k€45k▲
Contributions10/11€85k€85k=
Capital10€85k€85k=
Issued capital100€85k€85k=
Reserves13€150€150=
Non-distributable reserves130/1€150€150=
Legal reserve130€150€150=
Profit (loss) carried forward14€-41k€-40k▲
Amounts payable17/49€104k€92k▼
Amounts payable after more than one year17€9k€2k▼
Financial debts170/4€9k€2k▼
Amounts payable within one year42/48€95k€90k▼
Current portion of amounts payable after more than one year42€8k€7k▼
Financial debts43€67k€61k▼
Credit institutions430/8€67k€61k▼
Taxes, remuneration and social security45€20k€22k▲
Taxes450/3€17k€22k▲
Remuneration and social security454/9€4k-
Income statement
Code20232024
Remuneration, social security and pensions62€24k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€42k€48k▲
Operating profit (loss)9901€3k€8k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€7k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€-287€1k▲
Income taxes67/77€8k€574▼
Profit (loss) for the period9904€-8k€883▲
Profit (loss) for the period to be appropriated9905€-8k€883▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-40k▲
Profit (loss) brought forward from the previous period14P€-33k€-41k▼
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €883
Net result €883 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Highest result since 2018net €19k ▲1063%
Operating result €24k, net result €19k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 126 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 160 days late
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 163 days late
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, La Louvière · 1 establishment unit since 2005
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.
Chaussée de Jolimont(PIE) 3317100 La LouvièreGround area
2.0 ha
Building footprint
339 m²
Volume, LiDAR
2,740 m³
2 parcels, Wallonia · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NITRONEXION
since 20052.147.706.197
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56033A0113/00H003 | Wallonia | 2.0 ha | 1 · 269 m² | 13.8 m · 3 fl. |
| 56033A0106/00M003 | Wallonia | 316 m² | 1 · 70 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-06-2005
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.