NIYAMA
ActiveNIYAMA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356k and a net result of €154k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+4
Solvency68▼-29
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 3.79 in 2024; short-term debt: 49.2% and cash: 2.2% of total assets), but 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
18.7%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
2 d early
2022
on the day
2021
3 d early
2020
3 d early
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€356k▼ 39.0%
2024 · €584k
2019: €266k
2020: €338k
2021: €488k
2022: €601k
2023: €594k
2024: €584k
2019 → 2025
Total assets
€823k▲ 1.7%
2024 · €809k
2019: €515k
2020: €491k
2021: €645k
2022: €753k
2023: €755k
2024: €809k
2019 → 2025
Net result
€154k▲ 26.5%
2024 · €122k
2019: €142k
2020: €102k
2021: €180k
2022: €153k
2023: €62k
2024: €122k
2019 → 2025
Working capital
€204k▼ 52.7%
2024 · €431k
2019: €182k
2020: €199k
2021: €339k
2022: €479k
2023: €440k
2024: €431k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€488k-€601k▲ 23.1%€594k▼ 1.3%€584k▼ 1.6%€356k▼ 39.0%
Operating result€268k-€183k▼ 31.8%€130k▼ 28.9%€169k▲ 29.8%€202k▲ 19.8%
Net result€180k-€153k▼ 14.9%€62k▼ 59.4%€122k▲ 95.9%€154k▲ 26.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €823k
Fixed assets
€214k▼ 4.4%
Current assets
€609k▲ 4.0%
Equity and liabilities €823k
Equity
€356k▼ 39.0%
Debt
€467k▲ 107%
The debt ratio rises from 27.8% to 56.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€212k▲
2024 · €179k
Cash flow
€164k▲
2024 · €132k
Solvency
43.3%▼
2024 · 72.2%
Current ratio
1.50▼
2024 · 3.79
Quick ratio
1.50▼
2024 · 3.79
Debt / equity
1.31▲
2024 · 0.39
ROE
43.2%▲
2024 · 20.8%
ROA
18.7%▲
2024 · 15.0%
Interest coverage
447.02▲
2024 · 90.11
Debt
€467k▲
2024 · €225k
Debt ≤ 1 year
€405k▲
2024 · €155k
Debt > 1 year
€60k▼
2024 · €70k
Income taxes
€68k▲
2024 · €63k
Staff costs
€21k▲
2024 · €11k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€809k€823k▲
Fixed assets21/28€224k€214k▼
Tangible fixed assets22/27€224k€214k▼
Land and buildings22€208k€201k▼
Plant, machinery and equipment23€1k€762▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€12k€10k▼
Current assets29/58€585k€609k▲
Amounts receivable after more than one year29€92k€15k▼
Other amounts receivable291€92k€15k▼
Amounts receivable within one year40/41€3k€349k▲
Trade receivables40€196€388▲
Other amounts receivable41€3k€348k▲
Current investments50/53€409k€224k▼
Cash at bank and in hand54/58€77k€18k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€809k€823k▲
Equity10/15€584k€356k▼
Contributions10/11€19k€19k=
Reserves13€559k€338k▼
Distributable reserves133€559k€338k▼
Profit (loss) carried forward14€7k-
Amounts payable17/49€225k€467k▲
Amounts payable after more than one year17€70k€60k▼
Financial debts170/4€70k€60k▼
Amounts payable within one year42/48€155k€405k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Taxes, remuneration and social security45€13k€13k▼
Taxes450/3€13k€10k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€132k€382k▲
Accrued charges and deferred income492/3€400€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€11k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€192k€234k▲
Operating profit (loss)9901€169k€202k▲
Financial income75/76B€54k€29k▼
Recurring financial income75€11k€6k▼
Non-recurring financial income76B€42k€23k▼
Financial charges65/66B€38k€9k▼
Recurring financial charges65€2k€474▼
Non-recurring financial charges66B€36k€8k▼
Profit (loss) for the period before taxes9903€185k€222k▲
Income taxes67/77€63k€68k▲
Profit (loss) for the period9904€122k€154k▲
Profit (loss) for the period to be appropriated9905€122k€154k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€161k▲
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer from equity791/2€131k€375k▲
Transfer to equity691/2€122k€154k▲
To other reserves6921€122k€154k▲
Profit to be distributed694/7€131k€382k▲
Return on contributions (dividend)694€131k€382k▲
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €62k ▼59.4%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €500kEq €601k ▲23.1%
4 profitable years in a row build equity to €601k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €180k ▲76.4%
Operating result €268k, net result €180k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Maldegem · 2 establishment units since 2011
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.
Butswervestraat 649990 MaldegemGround area
3,690 m²
Building footprint
226 m²
Volume, LiDAR
1,114 m³
2 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
NIYAMA BVBA
since 20112.202.474.476
NIYAMA
since 20182.279.166.438
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43503H1673/00K000 | Flanders | 3,580 m² | 1 · 136 m² | - |
| 11802B0045/00E005 | Flanders | 110 m² | 1 · 90 m² | 15.0 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 435 EUR awarded · 435 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 435 EUR | 435 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500B0HB2WX1GFG643
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CONDROGEST
BE 0450.387.529
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FERCO IMMOBILIERE
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AXCO
BE 0807.390.386
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Immo Nyssen
BE 0431.631.984
Welkenraedt · Eq €356k
CIGNA INVEST
BE 0842.025.227
Ham-sur-Heure-Nalinnes · Eq €357k
Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 4,849 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2011
Fiscal year end30-06
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.