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NKJS IMMO

Active
Private limited companyfounded 201115 yrs activeZandbergen 102, 2480 Dessel, BelgiumKBO/BCE: BE 0832.979.283
Summary

NKJS IMMO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-29k) and a net result of €6k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability59▲+14
Solvency17▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.13 in 2024; short-term debt: 32.5% and cash: 2.9% of total assets), and equity is negative.
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 · 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
-8.4%
Return on assets
1.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 14128 sector peers (2025).
NBB · sector comparison
Position among 14128 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-02-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
86 d early
2023
95 d early
2022
61 d early
2021
2 d early
2020
14 d early
2019
90 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-29k▲ 17.1%
2024 · €-35k
2018: €-57klowest in 8 years 2019: €-55k▲ +4.2% vs 2018 2020: €-51k▲ +7.2% vs 2019 2021: €-49k▲ +3.8% vs 2020 2022: €-43k▲ +12.2% vs 2021 2023: €-36k▲ +16.9% vs 2022 2024: €-35k▲ +1.7% vs 2023 2025: €-29k▲ +17.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€343k▼ 7.0%
2024 · €369k
2018: €549khighest in 8 years 2019: €523k▼ -4.8% vs 2018 2020: €492k▼ -5.9% vs 2019 2021: €456k▼ -7.2% vs 2020 2022: €427k▼ -6.5% vs 2021 2023: €401k▼ -6.1% vs 2022 2024: €369k▼ -7.9% vs 2023 2025: €343k▼ -7.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€6k▲ 882%
2024 · €609
2018: €-59klowest in 8 years 2019: €2k▲ +104% vs 2018 2020: €4k▲ +62.4% vs 2019 2021: €2k▼ -50.9% vs 2020 2022: €6k▲ +210% vs 2021 2023: €7k▲ +21.8% vs 2022highest in 8 years 2024: €609▼ -91.6% vs 2023 2025: €6k▲ +882% vs 2024
2018 → 2025
Working capital
€-95k▼ 2.9%
2024 · €-93k
2018: €-82khighest in 8 years 2019: €-94k▼ -14.6% vs 2018 2020: €-92k▲ +2.3% vs 2019 2021: €-93k▼ -0.8% vs 2020 2022: €-91k▲ +2.2% vs 2021 2023: €-86k▲ +5.4% vs 2022 2024: €-93k▼ -7.5% vs 2023 2025: €-95k▼ -2.9% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-49k-€-43k▲ 12.2%€-36k▲ 16.9%€-35k▲ 1.7%€-29k▲ 17.1% 2021: €-49klowest in 5 years 2022: €-43k▲ +12.2% vs 2021 2023: €-36k▲ +16.9% vs 2022 2024: €-35k▲ +1.7% vs 2023 2025: €-29k▲ +17.1% vs 2024highest in 5 years
Operating result€6k-€9k▲ 53.9%€17k▲ 77.3%€14k▼ 17.8%€16k▲ 13.1% 2021: €6klowest in 5 years 2022: €9k▲ +53.9% vs 2021 2023: €17k▲ +77.3% vs 2022highest in 5 years 2024: €14k▼ -17.8% vs 2023 2025: €16k▲ +13.1% vs 2024
Net result€2k-€6k▲ 210%€7k▲ 21.8%€609▼ 91.6%€6k▲ 882% 2021: €2k 2022: €6k▲ +210% vs 2021 2023: €7k▲ +21.8% vs 2022highest in 5 years 2024: €609▼ -91.6% vs 2023lowest in 5 years 2025: €6k▲ +882% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2021: €6k€6kNet result 2021: €2k€2kOperating result 2022: €9k€9kNet result 2022: €6k€6kOperating result 2023: €17k€17kNet result 2023: €7k€7kOperating result 2024: €14k€14kNet result 2024: €609€609Operating result 2025: €16k€16kNet result 2025: €6k€6k20212022202320242025€0€5k€10k€15kOperating result 2023: €17k€17kNet result 2023: €7k€7.2kOperating result 2024: €14k€14kNet result 2024: €609€609Operating result 2025: €16k€16kNet result 2025: €6k€6k202320242025
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343k
Fixed assets €327k ▼ 7.9%
Current assets €16k ▲ 13.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€43k▲
2024 · €41k
Cash flow
€34k▲
2024 · €28k
Solvency
-8.4%▲
2024 · -9.5%
Current ratio
0.15▲
2024 · 0.13
Debt to equity
-12.86▼
2024 · -11.57
ROA
1.7%▲
2024 · 0.2%
Interest coverage
4.55▲
2024 · 3.16
Debt
€372k▼
2024 · €404k
Debt ≤ 1 year
€112k▲
2024 · €107k
Debt > 1 year
€261k▼
2024 · €297k
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 · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€369k€343k▼
Fixed assets21/28€355k€327k▼
Tangible fixed assets22/27€355k€327k▼
Land and buildings22€333k€313k▼
Plant, machinery and equipment23€20k€14k▼
Furniture and vehicles24€1k€616▼
Current assets29/58€14k€16k▲
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€8k€7k▼
Cash at bank and in hand54/58€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€369k€343k▼
Equity10/15€-35k€-29k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-55k€-49k▲
Amounts payable17/49€404k€372k▼
Amounts payable after more than one year17€297k€261k▼
Financial debts170/4€297k€261k▼
Amounts payable within one year42/48€107k€112k▲
Current portion of amounts payable after more than one year42€34k€36k▲
Trade debts44€108€3k▲
Suppliers440/4€108€3k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€70k€70k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€44k€45k▲
Operating profit (loss)9901€14k€16k▲
Financial charges65/66B€13k€10k▼
Recurring financial charges65€13k€10k▼
Profit (loss) for the period before taxes9903€609€6k▲
Profit (loss) for the period9904€609€6k▲
Profit (loss) for the period to be appropriated9905€609€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-49k▲
Profit (loss) brought forward from the previous period14P€-55k€-55k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€31k€28k€28k€28k▲ 0.6%
Other operating charges640/8€2k€2k€3k€2k€2k▼ 15.0%
Gross operating margin9900€41k€43k€48k€44k€45k▲ 3.8%
Operating profit (loss)9901€6k€9k€17k€14k€16k▲ 13.1%
Financial charges65/66B€4k€3k€9k€13k€10k▼ 27.2%
Recurring financial charges65€4k€3k€9k€13k€10k▼ 27.2%
Profit (loss) for the period before taxes9903€2k€6k€7k€609€6k▲ 882%
Profit (loss) for the period9904€2k€6k€7k€609€6k▲ 882%
Profit (loss) for the period to be appropriated9905€2k€6k€7k€609€6k▲ 882%
Line20212022202320242025Change
Assets
Total assets20/58€456k€427k€401k€369k€343k▼ 7.0%
Fixed assets21/28€440k€409k€381k€355k€327k▼ 7.9%
Tangible fixed assets22/27€440k€409k€381k€355k€327k▼ 7.9%
Land and buildings22€395k€375k€354k€333k€313k▼ 6.2%
Plant, machinery and equipment23€41k€34k€27k€20k€14k▼ 33.2%
Furniture and vehicles24€4k€198-€1k€616▼ 41.7%
Current assets29/58€16k€18k€19k€14k€16k▲ 13.6%
Amounts receivable within one year40/41€4k€6k€11k€8k€7k▼ 21.3%
Trade receivables40€4k€6k€11k€8k€7k▼ 21.3%
Cash at bank and in hand54/58€12k€12k€9k€6k€10k▲ 61.2%
Equity and liabilities
Total equity and liabilities10/49€456k€427k€401k€369k€343k▼ 7.0%
Equity10/15€-49k€-43k€-36k€-35k€-29k▲ 17.1%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€1k€1k€1k€1k€1k=
Non-distributable reserves130/1€1k€1k€1k---
Reserves not available under the articles1311€1k€1k€1k---
Distributable reserves133---€1k€1k=
Profit (loss) carried forward14€-68k€-62k€-55k€-55k€-49k▲ 11.0%
Amounts payable17/49€505k€470k€436k€404k€372k▼ 7.9%
Amounts payable after more than one year17€396k€361k€331k€297k€261k▼ 12.3%
Financial debts170/4€396k€361k€331k€297k€261k▼ 12.3%
Amounts payable within one year42/48€109k€109k€106k€107k€112k▲ 4.3%
Current portion of amounts payable after more than one year42€36k€35k€32k€34k€36k▲ 6.8%
Trade debts44€937€1k€851€108€3k▲ 2,745%
Suppliers440/4€937€1k€851€108€3k▲ 2,745%
Taxes, remuneration and social security45€2k€2k€3k€3k€3k▼ 18.7%
Taxes450/3€2k€2k€3k€3k€3k▼ 18.7%
Other amounts payable47/48€70k€70k€70k€70k€70k=
Line20212022202320242025Change
Profit (loss) for the period9904€2k€6k€7k€609€6k▲ 882%
+ Depreciation and write-downs630€33k€31k€28k€28k€28k▲ 0.6%
Operating cash flow (approximation)€35k€37k€35k€28k€34k▲ 19.6%
Investment in fixed assets (approximation)-€0€0€-1k€0▲ 100%
Change in cash-€-39€-3k€-3k€4k▲ 230%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
24-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Highest result since 2018net €7k ▲21.8%
Operating result €17k, net result €7k, both a record.
28-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
16-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
14-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Dessel · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
5,461 m²
Building footprint
1,664 m²
Volume, LiDAR
12,842 m³
Parcel 13006F0006/00B002, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Zandbergen 102, 2480 Dessel
Real estate development
since 20112.195.895.896
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13006F0006/00B002 Flanders 5,461 m² 1 · 1,664 m² 8.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-2011
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land

Scores and ratios are computed by Checked and are not a credit decision.