Financials
- Fiscal year
- 2025
- Total assets
- €120,823
- Profit
- €50,492
- Solvency
- 42.7%
Total assets▲ 37.0%
Net result
20182025
NURAZ
ActiveSummary
NURAZ has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,586 and a net result of €50,492. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 61% of 14676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€120,823total assets 2025
- Equity
- €51,586
- Profit
- €50,492
Turnover not published (abridged schema)
Structure
Accounts filed 19 d late0 of 3 deeds read
Why 87- Latest accounts 19 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Size: total assets €120,823+ Liquidity: current ratio 4.39, cash €58,241Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 87% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
68+42
equity 42.7% of total assets
Liquidity
93+19
short-term debt 20.6% · cash 48.2%
Profitability
100+100
return on assets 41.8%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 1.0%
08-2025: 1.1%▲ +11.6% vs 07-2025
09-2025: 1.2%▲ +12.8% vs 08-2025
10-2025: 3.2%▲ +163% vs 09-2025
11-2025: 3.2%● 0.0% vs 10-2025
12-2025: 3.2%● 0.0% vs 11-2025
01-2026: 3.1%▼ -1.4% vs 12-2025
02-2026: 3.1%● 0.0% vs 01-2026
03-2026: 3.1%▼ -1.9% vs 02-2026
04-2026: 3.1%▼ -0.3% vs 03-2026
05-2026: 3.0%▼ -2.8% vs 04-2026
06-2026: 2.9%▼ -3.8% vs 05-2026
07-2026: 2.9%▲ +2.5% vs 06-2026
08-2026: 3.3%▲ +13.4% vs 07-2026highest value
09-2026: 0.5%▼ -85.6% vs 08-2026lowest value
10-2026: 0.5%● 0.0% vs 09-2026lowest value
- Latest accounts 19 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Liquidity: current ratio 4.39, cash €58,241 lowers the probability
- Size: total assets €120,823 raises the probability for this profile
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 4.39 against 1.52 in 2024; short-term debt: 20.6% and cash: 48.2% of total assets), but 57.3% of the assets are financed with debt.
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 (NACE 56, micro). Better than this share of them on solvency 61%, liquidity 93%, profitability 93%, growth against the median 99%. 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
49 d late
2023
47 d late
2022
142 d late
2021
30 d late
2020
338 d late
2019
703 d late
← 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 190 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed 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 17 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €50,492
- Liquidity triplescurrent ratio 4.39
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 19-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Liquidity triples
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 03-04-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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