NIVESO
ActiveNIVESO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €281k and a net result of €97k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81=
Solvency53▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.93 in 2023; short-term debt: 43% and cash: 3.7% of total assets), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
49 d early
2022
45 d early
2021
53 d early
2020
45 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97k▼ 3.8%
2023 · €101k
2018: €-51k
2019: €34k
2020: €-17k
2021: €-61k
2022: €21k
2023: €101k
2018 → 2024
Working capital
€57k
2023 · €-35k
2018: €-190k
2019: €-200k
2020: €-179k
2021: €-200k
2022: €-139k
2023: €-35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€122k-€61k▼ 49.6%€83k▲ 34.2%€184k▲ 123%€281k▲ 53.0%
Operating result€-26k-€-38k▼ 45.5%€43k€164k▲ 280%€183k▲ 11.7%
Net result€-17k-€-61k▼ 259%€21k€101k▲ 381%€97k▼ 3.8%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€522k▼ 6.7%
Current assets
€493k▲ 1.5%
Equity and liabilities €1.01M
Equity
€281k▲ 53.0%
Debt
€733k▼ 14.9%
The debt ratio falls from 82.4% to 72.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€266k▲
2023 · €239k
Cash flow
€180k▲
2023 · €176k
Solvency
27.7%▲
2023 · 17.6%
Current ratio
1.13▲
2023 · 0.93
Quick ratio
0.40=
2023 · 0.40
Debt / equity
2.61▼
2023 · 4.68
ROE
34.6%▼
2023 · 55.1%
ROA
9.6%▼
2023 · 9.7%
Interest coverage
8.21▼
2023 · 8.58
Debt
€733k▼
2023 · €861k
Debt ≤ 1 year
€436k▼
2023 · €520k
Debt > 1 year
€297k▼
2023 · €341k
Income taxes
€54k▲
2023 · €35k
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
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€1.01M▼
Fixed assets21/28€559k€522k▼
Tangible fixed assets22/27€558k€520k▼
Land and buildings22€374k€343k▼
Plant, machinery and equipment23€164k€162k▼
Furniture and vehicles24€19k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€485k€493k▲
Amounts receivable after more than one year29€36k€36k=
Trade receivables290€36k€36k=
Stocks and contracts in progress3€278k€319k▲
Stocks30/36€278k€319k▲
Amounts receivable within one year40/41€9k€97k▲
Trade receivables40€2k€84k▲
Other amounts receivable41€7k€13k▲
Cash at bank and in hand54/58€163k€38k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.01M▼
Equity10/15€184k€281k▲
Contributions10/11€19k€19k=
Reserves13€102k€198k▲
Distributable reserves133€102k€198k▲
Profit (loss) carried forward14€63k€65k▲
Amounts payable17/49€861k€733k▼
Amounts payable after more than one year17€341k€297k▼
Financial debts170/4€341k€297k▼
Amounts payable within one year42/48€520k€436k▼
Current portion of amounts payable after more than one year42€45k€44k▼
Trade debts44€73k€38k▼
Suppliers440/4€73k€38k▼
Taxes, remuneration and social security45€34k€20k▼
Taxes450/3€34k€20k▼
Other amounts payable47/48€369k€334k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€82k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€245k€272k▲
Operating profit (loss)9901€164k€183k▲
Financial charges65/66B€28k€32k▲
Recurring financial charges65€28k€32k▲
Profit (loss) for the period before taxes9903€136k€151k▲
Income taxes67/77€35k€54k▲
Profit (loss) for the period9904€101k€97k▼
Profit (loss) for the period to be appropriated9905€101k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€161k▼
Profit (loss) brought forward from the previous period14P€62k€63k▲
Transfer to equity691/2€100k€96k▼
To other reserves6921€100k€96k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €200kEq €281k ▲53%
3 profitable years in a row build equity to €281k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €101k ▲381%
Net result €101k, the highest in the series.
31-12
Financial
Equity above €150kEq €184k ▲123%
2 profitable years in a row build equity to €184k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Geer · 1 establishment unit since 2008
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.
Rue de la Spinette 34250 GeerGround area
1.0 ha
Building footprint
1,463 m²
Volume, LiDAR
1,691 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Niveso
since 20082.177.022.666
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64064B0464/00M000 | Wallonia | 5,250 m² | 1 · 195 m² | 11.3 m · 3 fl. |
| 64029A0269/00F000 | Wallonia | 5,039 m² | 1 · 1,268 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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N.W. FRITO
BE 0464.007.814
Aarschot · Eq €270k
ARMANDO PAPA'S 1648
BE 0431.485.989
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NO.1
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Antwerpen · Eq €297k
Of 141 companies in sector 46311 we hold annual accounts for 97. 64 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2008
Fiscal year end31-12
Activities, NACEBEL
46311Wholesale trade
01199Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.