NIZET SPORTS
ActiveSummary
NIZET SPORTS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €261. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (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
Profitability45▲+1
Solvency75▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.48 in 2023; short-term debt: 39.7% and cash: 13.7% of total assets), but 50.3% of the assets are financed with debt.
Credit check 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
49.7%
Return on assets
0.2%
Age of the figures
21 mo
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
33 d early
2022
34 d early
2021
23 d late
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 0.4%
2023 · €59k
2018: €44k
2019: €45k
2020: €54k
2021: €58k
2022: €59k
2023: €59k
2018 → 2024
Total assets
€119k▼ 30.3%
2023 · €171k
2018: €104k
2019: €109k
2020: €107k
2021: €113k
2022: €100k
2023: €171k
2018 → 2024
Net result
€261▲ 65.1%
2023 · €158
2018: €1k
2019: €553
2020: €9k
2021: €4k
2022: €258
2023: €158
2018 → 2024
Working capital
€44k▲ 2.0%
2023 · €43k
2018: €37k
2019: €36k
2020: €47k
2021: €45k
2022: €48k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€58k▲ 7.3%€59k▲ 0.4%€59k▲ 0.3%€59k▲ 0.4%
Operating result€13k-€6k▼ 55.8%€4k▼ 30.2%€6k▲ 36.7%€7k▲ 25.3%
Net result€9k-€4k▼ 57.5%€258▼ 93.5%€158▼ 38.7%€261▲ 65.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€28k ▼ 25.1%
Current assets
€91k ▼ 31.8%
Equity and liabilities €119k
Equity
€59k ▲ 0.4%
Debt
€60k ▼ 46.5%
Debt's share of the balance-sheet total falls from 65.5% to 50.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2023 · €13k
Cash flow
€9k▲
2023 · €7k
Current ratio
1.94▲
2023 · 1.48
Quick ratio
0.38▼
2023 · 0.65
Debt to equity
1.01▼
2023 · 1.90
ROE
0.4%▲
2023 · 0.3%
ROA
0.2%▲
2023 · 0.1%
Interest coverage
3.15▲
2023 · 2.96
Debt ≤ 1 year
€47k▼
2023 · €91k
Debt > 1 year
€12k▼
2023 · €21k
Income taxes
€2k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€171k€119k▼
Fixed assets21/28€37k€28k▼
Tangible fixed assets22/27€37k€28k▼
Land and buildings22€8k€6k▼
Furniture and vehicles24€28k€22k▼
Current assets29/58€134k€91k▼
Stocks and contracts in progress3€75k€73k▼
Stocks30/36€75k€73k▼
Amounts receivable within one year40/41€36k€383▼
Trade receivables40€35k-
Other amounts receivable41€331€383▲
Cash at bank and in hand54/58€22k€16k▼
Deferred charges and accrued income490/1€892€1k▲
Equity and liabilities
Total equity and liabilities10/49€171k€119k▼
Equity10/15€59k€59k▲
Contributions10/11€74k€74k=
Reserves13€731€731=
Non-distributable reserves130/1€731€731=
Reserves not available under the articles1311€731€731=
Profit (loss) carried forward14€-16k€-16k▲
Amounts payable17/49€112k€60k▼
Amounts payable after more than one year17€21k€12k▼
Financial debts170/4€21k€12k▼
Amounts payable within one year42/48€91k€47k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43€25k€9k▼
Credit institutions430/8€25k€9k▼
Trade debts44€49k€22k▼
Suppliers440/4€49k€22k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€513€850▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€17k€19k▲
Operating profit (loss)9901€6k€7k▲
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€1k€2k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€158€261▲
Profit (loss) for the period to be appropriated9905€158€261▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-16k▲
Profit (loss) brought forward from the previous period14P€-16k€-16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €158 ▼38.7%
Net result drops to €158, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €9k ▲1599%
Operating result €13k, net result €9k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-07
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 1995
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 Reine-Astrid, Mar. 15660 CouvinGround area
270 m²
Building footprint
108 m²
Parcel 93039B0385/02D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Reine-Astrid, Mar. 1, 5660 Couvin
since 19952.070.616.933
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93039B0385/02D000 ProtectedSite or landscape |
Wallonia | 270 m² | 1 · 108 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteCouvin2.070.616.933
Similar companies · same sector, comparable size
MAISON POOS - JAUMOTTE ET FILS
BE 0423.757.564
Rochefort · Eq €59,481
WHAT'S UP AGENCY
BE 0841.640.195
Waterloo · Eq €58,460
ADISPORT
BE 0668.971.683
Schaarbeek · Eq €59,899
ALHANT SPORTS
BE 0433.578.617
Mons · Eq €59,901
PROTEN
BE 0888.065.187
Charleroi · Eq €60,226
Of 1,314 companies in sector 47639 we hold annual accounts for 624. 494 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.