NOSTRAVIS
ActiveSummary
The computed 12-month bankruptcy probability of NOSTRAVIS is 1.9% (moderate). The 2026 annual accounts show equity of €5.2m and a net result of -€43,394. Equity is shrinking by ~6.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 242 sector peers (fiscal year 2026). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability23▲+20
Solvency100▲+100
Growth52▲+14
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity ample (current ratio 21.64 against 0.11 in 2025; short-term debt: 4.6% and cash: 90.1% of total assets), and 4.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
95.4%
Return on assets
-0.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 01-02-2026 was due by 01-09-2026 and was filed on 22-07-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
41 d early
2025
69 d early
2024
55 d early
2023
57 d early
2022
47 d early
2021
48 d early
2020
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 50 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
NOSTRAVIS was incorporated on 5 April 2005.1 The registered office was moved to Schaarbeek in 2026.2 Since 2026, DJL Holding has served as director of the company.2 Revenue fell from EUR 9.6 million in 2019 to EUR 1 million in 2023 and headcount from 42.7 full-time equivalents in 2019 to 5.6 in 2026.3
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Financials · fiscal year 2026, abbreviated schema
In the rankings
#8 company by equity in Schaarbeek, Wholesale and retail trade sector#10 company by total assets in Schaarbeek, Wholesale and retail trade sector
Turnover
€1.0m▼ 70.8%
2022 · €3.5m
EBIT margin
0.4%▲ 12.3pp
2022 · -11.9%
Net result
-€43,394▲ 76.2%
2025 · -€182,338
Working capital
€5.1m
2025 · -€3.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€3.5m▼ 53.7%€1.0m▼ 70.8%
Operating result-€412,730▼ 15.7%€3,979-€23,994€66,344€36,553▼ 44.9%
Net result-€501,660below the sector's middle half▲ 31.6%-€139,965below the sector's middle half▲ 72.1%-€270,163below the sector's middle half▼ 93.0%-€182,338below the sector's middle half▲ 32.5%-€43,394▲ 76.2%
EBIT margin-11.9%▼ 7.1pp0.4%▲ 12.3pp
Equity-€2.9mbelow the sector's middle half▼ 21.1%-€3.0mbelow the sector's middle half▼ 4.9%-€3.3mbelow the sector's middle half▼ 8.9%-€3.5mbelow the sector's middle half▼ 5.5%€5.2m
Total assets€2.1mwithin the sector's middle half▼ 47.2%€750,986within the sector's middle half▼ 65.0%€645,566within the sector's middle half▼ 14.0%€524,254within the sector's middle half▼ 18.8%€5.4m▲ 937%
Debt€5.0m▼ 22.0%€3.8m▼ 25.0%€3.9m▲ 4.4%€4.0m▲ 1.6%€252,084▼ 93.7%
Working capital-€3.0mbelow the sector's middle half▼ 16.1%-€3.1mbelow the sector's middle half▼ 5.1%-€3.4mbelow the sector's middle half▼ 7.9%-€3.5mbelow the sector's middle half▼ 5.4%€5.1m
Solvency-134.1%below the sector's middle half▼ 75.6pp-402.0%below the sector's middle half▼ 267.9pp-509.5%below the sector's middle half▼ 107.5pp-662.2%below the sector's middle half▼ 152.7pp95.4%▲ 757.5pp
Current ratio0.40below the sector's middle half▼ 0.190.17below the sector's middle half▼ 0.240.14below the sector's middle half▼ 0.030.11below the sector's middle half▼ 0.0321.64▲ 21.53
Return on assets (ROA)-23.4%below the sector's middle half▼ 5.3pp-18.6%below the sector's middle half▲ 4.7pp-41.8%below the sector's middle half▼ 23.2pp-34.8%below the sector's middle half▲ 7.1pp-0.8%▲ 34.0pp
Staff (FTE)19.3above the sector's middle half▼ 36.7%7.2within the sector's middle half▼ 62.7%6.5within the sector's middle half▼ 9.7%7.4within the sector's middle half▲ 13.8%5.6▼ 24.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result -93% on 2023. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 45% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €5.4m
Fixed assets
€67,394 ▼ 19.9%
Current assets
€5.4m ▲ 1,120%
Equity and liabilities €5.4m
Equity
€5.2m
Debt
€252,084
Debt finances 4.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€53,305▼
2025 · €83,876
Cash flow
-€26,641▲
2025 · -€164,807
Quick ratio
20.60▲
2025 · 0.05
Debt to equity
0.05▲
2025 · -1.15
ROE
-0.8%
Interest coverage
0.63▲
2025 · 0.34
Debt ≤ 1 year
€248,148▼
2025 · €4.0m
Staff costs
€173,278▲
2025 · €169,376
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €3.7m | €1.3m | - | - | - | - |
| Turnover70 | €3.5m | €1.0m | - | - | - | - |
| Other operating income74 | €206,721 | €246,936 | - | - | - | - |
| Non-recurring operating income76A | €18,922 | €0 | - | €60,638 | €0 | ▼ 100% |
| Operating charges60/66A | €4.1m | €1.3m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €2.4m | €604,169 | - | - | - | - |
| Purchases600/8 | €1.7m | €485,107 | - | - | - | - |
| Change in stocks: decrease (increase)609 | €657,791 | €119,063 | - | - | - | - |
| Services and other goods61 | €941,956 | €462,141 | - | - | - | - |
| Remuneration, social security and pensions62 | €572,392 | €174,283 | €162,479 | €169,376 | €173,278 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137,601 | €17,074 | €17,277 | €17,532 | €16,752 | ▼ 4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €13,096 | -€45,337 | €3,040 | €1,888 | -€2,116 | ▼ 212% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€638 | -€143 | €0 | - | -€0 | - |
| Other operating charges640/8 | €41,885 | €43,733 | €15,146 | €15,308 | €16,088 | ▲ 5.1% |
| Non-recurring operating charges66A | €0 | - | - | €4,452 | €0 | ▼ 100% |
| Gross operating margin9900 | - | - | €173,948 | €274,899 | €240,554 | ▼ 12.5% |
| Operating profit (loss)9901 | -€412,730 | €3,979 | -€23,994 | €66,344 | €36,553 | ▼ 44.9% |
| Financial income75/76B | €15 | €235 | €0 | - | €4,788 | - |
| Recurring financial income75 | €15 | €235 | €0 | - | €4,788 | - |
| Other financial income752/9 | €15 | €235 | - | - | - | - |
| Financial charges65/66B | €88,944 | €144,180 | €246,169 | €248,682 | €84,734 | ▼ 65.9% |
| Recurring financial charges65 | €88,944 | €144,180 | €246,169 | €248,682 | €84,734 | ▼ 65.9% |
| Debt charges650 | €79,186 | €139,504 | - | - | - | - |
| Other financial charges652/9 | €9,759 | €4,676 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€501,660 | -€139,965 | -€270,163 | -€182,338 | -€43,394 | ▲ 76.2% |
| Profit (loss) for the period9904 | -€501,660 | -€139,965 | -€270,163 | -€182,338 | -€43,394 | ▲ 76.2% |
| Profit (loss) for the period to be appropriated9905 | -€501,660 | -€139,965 | -€270,163 | -€182,338 | -€43,394 | ▲ 76.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €750,986 | €645,566 | €524,254 | €5.4m | ▲ 937% |
| Fixed assets21/28 | €134,407 | €117,418 | €103,141 | €84,146 | €67,394 | ▼ 19.9% |
| Intangible fixed assets21 | €36,987 | €29,765 | €22,543 | €15,320 | €8,098 | ▼ 47.1% |
| Tangible fixed assets22/27 | €97,420 | €87,653 | €80,598 | €68,826 | €59,296 | ▼ 13.8% |
| Plant, machinery and equipment23 | €78,000 | €72,555 | €69,914 | €62,555 | €57,438 | ▼ 8.2% |
| Furniture and vehicles24 | €19,420 | €15,098 | €10,685 | €6,271 | €1,858 | ▼ 70.4% |
| Current assets29/58 | €2.0m | €633,568 | €542,425 | €440,108 | €5.4m | ▲ 1,120% |
| Stocks and contracts in progress3 | €344,257 | €259,424 | €237,977 | €231,967 | €257,640 | ▲ 11.1% |
| Stocks30/36 | €344,257 | €259,424 | €237,977 | €231,967 | €257,640 | ▲ 11.1% |
| Goods purchased for resale34 | €344,257 | €259,424 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.6m | €360,338 | €261,635 | €182,607 | €212,637 | ▲ 16.4% |
| Trade receivables40 | €1.6m | €351,464 | €251,433 | €173,086 | €201,885 | ▲ 16.6% |
| Other amounts receivable41 | €24,075 | €8,874 | €10,202 | €9,521 | €10,753 | ▲ 12.9% |
| Cash at bank and in hand54/58 | €8,814 | €8,211 | €36,945 | €22,596 | €4.9m | ▲ 21,572% |
| Deferred charges and accrued income490/1 | €14,865 | €5,595 | €5,868 | €2,939 | €2,736 | ▼ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €750,986 | €645,566 | €524,254 | €5.4m | ▲ 937% |
| Equity10/15 | -€2.9m | -€3.0m | -€3.3m | -€3.5m | €5.2m | ▲ 249% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €8.7m | ▲ 34,800% |
| Reserves13 | €625,247 | €625,247 | €625,247 | €625,247 | €625,247 | = |
| Non-distributable reserves130/1 | - | - | €5,000 | €5,000 | €5,000 | = |
| Reserves not available under the articles1311 | - | - | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | €625,247 | €625,247 | €620,247 | €620,247 | €620,247 | = |
| Profit (loss) carried forward14 | -€3.5m | -€3.7m | -€3.9m | -€4.1m | -€4.2m | ▼ 1.1% |
| Provisions and deferred taxes16 | €143 | €0 | €0 | €0 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | €143 | €0 | €0 | €0 | €0 | ▼ 100% |
| Other liabilities and charges164/5 | €143 | €0 | €0 | €0 | €0 | ▼ 100% |
| Amounts payable17/49 | €5.0m | €3.8m | €3.9m | €4.0m | €252,084 | ▼ 93.7% |
| Amounts payable within one year42/48 | €5.0m | €3.8m | €3.9m | €4.0m | €248,148 | ▼ 93.8% |
| Trade debts44 | €1.9m | €483,935 | €430,856 | €419,844 | €209,606 | ▼ 50.1% |
| Suppliers440/4 | €1.9m | €483,935 | €430,856 | €419,844 | €209,606 | ▼ 50.1% |
| Advances received on contracts in progress46 | €0 | €75 | €80 | €100 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €87,309 | €47,116 | €28,457 | €39,636 | €38,542 | ▼ 2.8% |
| Taxes450/3 | €2,879 | €5,410 | €2,069 | €1,268 | €626 | ▼ 50.6% |
| Remuneration and social security454/9 | €84,431 | €41,706 | €26,388 | €38,368 | €37,916 | ▼ 1.2% |
| Other amounts payable47/48 | €2.9m | €3.2m | €3.5m | €3.5m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €41,540 | €14,527 | €24,528 | €7,148 | €3,936 | ▼ 44.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€501,660 | -€139,965 | -€270,163 | -€182,338 | -€43,394 | ▲ 76.2% |
| + Depreciation and write-downs630 | €137,601 | €17,074 | €17,277 | €17,532 | €16,752 | ▼ 4.4% |
| Operating cash flow (approximation) | -€364,058 | -€122,891 | -€252,887 | -€164,807 | -€26,641 | ▲ 83.8% |
| Investment in fixed assets (approximation) | - | -€85 | -€3,000 | €1,463 | €0 | ▼ 100% |
| Change in cash | - | -€603 | €28,734 | -€14,349 | €4.9m | ▲ 34,070% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
19-03
State Gazette act
Resignations: Guy Colleau, Luc Leunis and PatseAppointment: DJL Holding BV (director) · Permanent representative: Jonathan Laisnez · Director discharge10 facts ▸
State Gazette act
Resignations: Guy Colleau, Luc Leunis and Patse
Appointment: DJL Holding BV (director) · Permanent representative: Jonathan Laisnez · Director discharge10 facts ▸
- General meeting, 09/03/2026
- Director resignation, Guy Colleau (director)
- Director resignation, Luc Leunis (director)
- Director resignation, Patse (director)
- Director discharge, Guy Colleau
- Director discharge, Luc Leunis
- Director discharge, Patse
- Director appointment, DJL Holding BV (director)
- Permanent representative, Jonathan Laisnez
- Registered-office move, Leuvensesteenweg 467 te 1030 Schaarbeek
01-02
Financial
Liquidity times 196current ratio 21.64
Current ratio from 0.11 to 21.64; short-term debt falls from €4.0m to €248,148.
01-02
Financial
Equity above €5mEq €5.2m
Equity rises from -€3.5m to €5.2m.
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-01
Financial
Back to profitnet €716,896
Net result €716,896 after one loss-making year.
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
DJL Holding
CurrentDirector · since 09-03-2026 · Public limited company · perm. rep.: Jonathan Laisnez
Permanent representatives 1
Jonathan Laisnez
CurrentPermanent representative · since 09-03-2026 · for DJL Holding
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
17 of this company's 18 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schaarbeek · 4 establishment units since 2005
Ground area
2.0 ha
Building footprint
9,100 m²
Volume, LiDAR
67,070 m³
4 parcels, Brussels · tallest building 23.0 m, ±2 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
4 establishment units
NOSTRAVIS
since 20052.147.542.683
BRICO CITY
since 20182.279.679.053
Brico Etterbeek
since 20262.386.897.311
Brico Evere
since 20262.386.897.410
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0101/00L000 | Brussels | 9,923 m² | 1 · 4,453 m² | 9.3 m · 2 fl. |
| 21362B0235/10C000 | Brussels | 4,110 m² | 1 · 12 m² | 10.8 m · 1 fl. |
| 21904B0440/00Y003 | Brussels | 3,512 m² | 1 · 2,814 m² | 23.0 m · 2 fl. |
| 21618B0335/00F014 | Brussels | 2,822 m² | 1 · 1,822 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
4 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DJL Holding |
|
| Guy Colleau |
|
| Luc Leunis |
|
| Patse |
|
Structure & network
Owners and holdings
1 ownerChain of control
- Maxeda DIY B.VNL
- Brico-Trading
- NOSTRAVIS
Highest known parent: Maxeda DIY B.V (Netherlands). The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 01-02-2026 list no holdings, and no other source names one.
According to the annual accounts to 01-02-2026 of NOSTRAVIS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.279.679.053
Dual-learning approval
1 endedWinkelbediende (so)
Legal Entity Identifier
967600EAZ9IJXP7GJU16
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2005
Fiscal year end01-02
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47783Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0872964861
Also
9925:BE0872964861
Registered
11-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.