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NOULA

Active
Private limited company (pre-2019)founded 20197 yrs activeSint-Denijsplein 15, 1190 Vorst, BelgiumKBO/BCE: BE 0724.639.389
Summary

The computed 12-month bankruptcy probability of NOULA is 4.9% (elevated). The 2025 annual accounts show equity of €1,179 and a net result of -€432. Equity is shrinking by ~28.5% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€4,350total assets 2025
Equity
€1,179
Loss
-€432
Financial health
36 Weak Checked score 2025
Bankruptcy chance 12 m
4.9%
Structure
Accounts filed 52 d late0 of 5 deeds read
Why 36- Latest accounts 52 days late; 3 of the last 3 late- No main activity registered- Liquiditeit niet neergelegd+ Size: total assets €4,350Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 18% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 52-10
equity 27.1% of total assets
Liquidity 21+4
short-term debt 72.9%
Profitability 13+13
return on assets -9.9%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 5 months 06-2026: 4.4%lowest value 07-2026: 4.4%▲ +0.4% vs 06-2026 08-2026: 5.6%▲ +25.1% vs 07-2026 09-2026: 6.0%▲ +8.2% vs 08-2026highest value 10-2026: 4.9%▼ -18.9% vs 09-2026
  • Latest accounts 52 days late; 3 of the last 3 late raises the probability
  • Size: total assets €4,350 lowers the probability for this profile
  • No main activity registered raises the probability
  • Liquiditeit niet neergelegd raises the probability
No publishable credit limit; credit only on tighter terms
balance sheet total too small for a liquidity verdict.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 31%, liquidity 13%, profitability 13%, growth against the median 14%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 52 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €4,350
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquiditeit niet neergelegd
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
52 d late
2024
53 d late
2022
158 d late
2021
31 d late
2020
100 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 September (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€432 View
  • Total assets 20256 fiscal years filed €4,350 View
  • Active since 2019founded 08-04-2019 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€4,350
Loss
-€432
Solvency
27.1%
Total assets▼ 0.5%
Net result
20192025
Go to Financials

Timeline

Events
6
Since
2020
Next accounts
by 31-07-2027
  1. 21-09-2026Annual accounts filed
  2. 22-09-2025Annual accounts filed
  3. 05-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
08-04-2019
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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