Nizar Projects

Active

Private limited companyfounded 2022active for 4 yearsLindenhof 10, 2440 Geel, BelgiumKBO/BCE: BE 0786.575.473

Summary

The computed 12-month bankruptcy probability of Nizar Projects is 8.7% (elevated). The 2024 annual accounts show equity of €5,216 and a net result of €658. Equity is shrinking by about 8.9% per year across the filed financial years. Its solvency ranks better than 45% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Nizar ProjectsActiveChecked score 34/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

≈ €56,000turnover 2024, estimated

Equity: €5,216
Profit: €658

Turnover estimated from the gross margin

Financial health

34 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 8.7%

Structure

2025 accounts not filed, 91 days past the deadline1 deed in the Belgian Official Gazette

Why 34raises risk1 financial year not filed after the legal deadline; last filed accounts filed 169 days late; 3 of the last 3 lateFounded in 2022Size: total assets €13,966Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024

34 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 43% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 62+8

equity 37.3% of total assets

Liquidity 21-41

short-term debt 62.7% · cash 2.9%

Profitability 75+19

return on assets 4.7%

Bankruptcy probability, 12 months

8.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,447 companies, NACE 41, micro)

Last 24 months 11-2024: 5.3%lowest value 12-2024: 8.5%▲ +3.2 percentage points vs 11-2024 01-2025: 8.4%▼ -0.1 percentage points vs 12-2024 02-2025: 8.4%● unchanged vs 01-2025 03-2025: 8.4%● unchanged vs 02-2025 04-2025: 8.4%● unchanged vs 03-2025 05-2025: 8.4%● unchanged vs 04-2025 06-2025: 8.4%● unchanged vs 05-2025 07-2025: 8.4%● unchanged vs 06-2025 08-2025: 8.4%● unchanged vs 07-2025 09-2025: 8.5%▲ +0.1 percentage points vs 08-2025 10-2025: 8.5%● unchanged vs 09-2025 11-2025: 8.5%● unchanged vs 10-2025 12-2025: 8.5%● unchanged vs 11-2025 01-2026: 8.5%● unchanged vs 12-2025 02-2026: 8.4%▼ -0.1 percentage points vs 01-2026 03-2026: 8.3%▼ -0.1 percentage points vs 02-2026 04-2026: 8.4%▲ +0.1 percentage points vs 03-2026 05-2026: 8.4%● unchanged vs 04-2026 06-2026: 8.2%▼ -0.2 percentage points vs 05-2026 07-2026: 8.2%● unchanged vs 06-2026 08-2026: 8.8%▲ +0.6 percentage points vs 07-2026 09-2026: 8.9%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 8.7%▼ -0.2 percentage points vs 09-2026

No publishable credit limit; credit only on tighter terms

Liquidity insufficient (current ratio 0.9, compared with 0.82 in 2023, below 1; short-term debt: 62.7% and cash: 2.9% of total assets), and 62.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 45% on solvency, 17% on liquidity, 51% on profitability and 59% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises risk

1 financial year not filed after the legal deadline; last filed accounts filed 169 days late; 3 of the last 3 late

NBB · filings

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €13,966

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.

NBB · 3 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline30-10-2026 today

2024 accounts filed 169 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-01-2026, 169 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 3 filings

Deviation from the deadline

2025

not filed

2024

169 days late

2023

526 days late

2022

892 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 529 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

16-01-2026 Annual accounts filedfinancial year 2024 · micro…
08-01-2026 Annual accounts filedfinancial year 2023 · micro…
08-01-2026 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
Caution: Among the weakest 17% on equitysector median €45,416 · 9,848 companies €5,216 View
Total assets 20243 financial years filed €13,966 View

By topic

Financials

Financial year: 2024
Total assets: €13,966
Profit: €658
Solvency: 37.3%

Total assets▼ 11.6%

Net result

20222024

Go to Financials

Timeline

Events: 5
Since: 2023

31-12-2024Back to profit
31-12-2023Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 25-05-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Nizar Projects

What is the company number of Nizar Projects?: 0786.575.473. In Belgium the VAT number is the company number with BE in front: BE 0786.575.473.
Where is Nizar Projects based?: The registered office is at Lindenhof 10, 2440 Geel.Company details
What does Nizar Projects do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Nizar Projects?: Private limited company (BV).
When was Nizar Projects founded?: On 25-05-2022.
Is Nizar Projects still active?: Yes, Nizar Projects is an active enterprise in the KBO register.
What is the turnover of Nizar Projects?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Nizar Projects profitable?: In financial year 2024, Nizar Projects made a profit of €658.
Where can I find the annual accounts of Nizar Projects?: Nizar Projects filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.