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NYALA 1

Active
Private limited companyfounded 20206 yrs activeBerkenstraat 7, 8820 Torhout, BelgiumKBO/BCE: BE 0750.991.024
Summary

NYALA 1 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €258,890 and a net result of €27,811. Equity is growing by ~42.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability75▼-18
Solvency73▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.33 in 2023; short-term debt: 42.8% and cash: 2.2% of total assets), but 52% of the assets are financed with debt.
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Signals

Three 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
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 15-07-2025, 16 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
16 d early
2023
92 d late
2022
65 d late
2021
152 d late
2020
86 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
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

History

NYALA 1 was incorporated on 24 July 2020 as a Private limited company.1 Total assets rose from EUR 112,554 in 2020 to EUR 539,413 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€258,890▲ 12.0%
2023 · €231,079
Total assets
€539,413▲ 20.5%
2023 · €447,702
Net result
€27,811▼ 67.6%
2023 · €85,708
Working capital
€189,988▼ 25.1%
2023 · €253,795
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€20,531-€7,786▼ 62.1%€107,240▲ 1,277%€121,543▲ 13.3%€43,592▼ 64.1%
Net result€16,146within the sector's middle half-€7,490within the sector's middle half▼ 53.6%€106,735above the sector's middle half▲ 1,325%€85,708above the sector's middle half▼ 19.7%€27,811within the sector's middle half▼ 67.6%
Equity€32,146within the sector's middle half-€39,636within the sector's middle half▲ 23.3%€146,371within the sector's middle half▲ 269%€231,079above the sector's middle half▲ 57.9%€258,890above the sector's middle half▲ 12.0%
Total assets€112,554within the sector's middle half-€76,790within the sector's middle half▼ 31.8%€234,988within the sector's middle half▲ 206%€447,702above the sector's middle half▲ 90.5%€539,413above the sector's middle half▲ 20.5%
Debt€80,408-€37,155▼ 53.8%€88,616▲ 139%€216,623▲ 144%€280,523▲ 29.5%
Working capital-€10,505below the sector's middle half-€10,174within the sector's middle half€126,019above the sector's middle half▲ 1,139%€253,795above the sector's middle half▲ 101%€189,988above the sector's middle half▼ 25.1%
Solvency28.6%within the sector's middle half-51.6%within the sector's middle half▲ 23.1pp62.3%within the sector's middle half▲ 10.7pp51.6%within the sector's middle half▼ 10.7pp48.0%within the sector's middle half▼ 3.6pp
Current ratio0.87below the sector's middle half-1.27within the sector's middle half▲ 0.402.42within the sector's middle half▲ 1.152.33within the sector's middle half▼ 0.091.82within the sector's middle half▼ 0.51
Return on assets (ROA)14.3%within the sector's middle half-9.8%within the sector's middle half▼ 4.6pp45.4%above the sector's middle half▲ 35.7pp19.1%within the sector's middle half▼ 26.3pp5.2%within the sector's middle half▼ 14.0pp
Staff (FTE)1.3
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2020: €20,531€20,531Net result 2020: €16,146€16,146Operating result 2021: €7,786€7,786Net result 2021: €7,490€7,490Operating result 2022: €107,240€107,240Net result 2022: €106,735€106,735Operating result 2023: €121,543€121,543Net result 2023: €85,708€85,708Operating result 2024: €43,592€43,592Net result 2024: €27,811€27,81120202021202220232024€0€50,000€100,000Operating result 2022: €107,240€107,000Net result 2022: €106,735€107,000Operating result 2023: €121,543€122,000Net result 2023: €85,708€85,700Operating result 2024: €43,592€43,600Net result 2024: €27,811€27,800202220232024
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €539,413
Fixed assets €118,330 ▲ 4,297%
Current assets €421,083 ▼ 5.4%
Equity and liabilities €539,413
Equity €258,890 ▲ 12.0%
Debt €280,523 ▲ 29.5%
Debt's share of the balance-sheet total rises from 48.4% to 52.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€52,954▼
2023 · €124,041
Cash flow
€37,172▼
2023 · €88,206
Debt to equity
1.08▲
2023 · 0.94
ROE
10.7%▼
2023 · 37.1%
Interest coverage
24.75▼
2023 · 66.09
Debt ≤ 1 year
€231,095▲
2023 · €191,216
Income taxes
€17,942▼
2023 · €34,034
Staff costs
€25,516▼
2023 · €46,646
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,781 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€447,702€539,413▲
Fixed assets21/28€2,691€118,330▲
Tangible fixed assets22/27€2,491€118,130▲
Plant, machinery and equipment23€1,542€567▼
Furniture and vehicles24€949€117,562▲
Financial fixed assets28€200€200=
Current assets29/58€445,011€421,083▼
Amounts receivable after more than one year29-€215,000
Other amounts receivable291-€215,000
Amounts receivable within one year40/41€375,435€190,038▼
Trade receivables40€91,113€26,388▼
Other amounts receivable41€284,323€163,650▼
Cash at bank and in hand54/58€69,576€11,746▼
Deferred charges and accrued income490/1-€4,300
Equity and liabilities
Total equity and liabilities10/49€447,702€539,413▲
Equity10/15€231,079€258,890▲
Contributions10/11€15,000€15,000=
Reserves13€216,079€243,890▲
Distributable reserves133€216,079€243,890▲
Profit (loss) carried forward14€0-
Amounts payable17/49€216,623€280,523▲
Amounts payable within one year42/48€191,216€231,095▲
Current portion of amounts payable after more than one year42€6,667€0▼
Trade debts44€46,547€66,581▲
Suppliers440/4€46,547€66,581▲
Advances received on contracts in progress46-€34,512
Taxes, remuneration and social security45€138,003€130,002▼
Taxes450/3€138,003€130,002▼
Accrued charges and deferred income492/3€25,407€49,428▲
Income statement Code20232024
Remuneration, social security and pensions62€46,646€25,516▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,498€9,362▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9,031€1,169▼
Non-recurring operating charges66A€11,228€0▼
Gross operating margin9900€190,946€79,638▼
Operating profit (loss)9901€121,543€43,592▼
Financial income75/76B€75€4,300▲
Recurring financial income75€75€4,300▲
Financial charges65/66B€1,877€2,139▲
Recurring financial charges65€1,877€2,139▲
Profit (loss) for the period before taxes9903€119,742€45,753▼
Income taxes67/77€34,034€17,942▼
Profit (loss) for the period9904€85,708€27,811▼
Profit (loss) for the period to be appropriated9905€85,708€27,811▼
Appropriation of the result
Profit (loss) to be appropriated9906€216,079€27,811▼
Profit (loss) brought forward from the previous period14P€130,371€0▼
Transfer to equity691/2€216,079€27,811▼
To other reserves6921€216,079€27,811▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€11,977€15,830€46,646€25,516▼ 45.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,497€9,615€9,110€2,498€9,362▲ 275%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€75,000€0--
Other operating charges640/8-€2,746€6,847€9,031€1,169▼ 87.1%
Non-recurring operating charges66A---€11,228€0▼ 100%
Gross operating margin9900€26,200€32,123€214,027€190,946€79,638▼ 58.3%
Operating profit (loss)9901€20,531€7,786€107,240€121,543€43,592▼ 64.1%
Financial income75/76B--€1€75€4,300▲ 5,607%
Recurring financial income75--€1€75€4,300▲ 5,607%
Financial charges65/66B-€296€505€1,877€2,139▲ 14.0%
Recurring financial charges65-€296€505€1,877€2,139▲ 14.0%
Profit (loss) for the period before taxes9903€20,382€7,490€106,735€119,742€45,753▼ 61.8%
Income taxes67/77€4,236--€34,034€17,942▼ 47.3%
Profit (loss) for the period9904€16,146€7,490€106,735€85,708€27,811▼ 67.6%
Profit (loss) for the period to be appropriated9905€16,146€7,490€106,735€85,708€27,811▼ 67.6%
Line20202021202220232024Change
Assets
Total assets20/58€112,554€76,790€234,988€447,702€539,413▲ 20.5%
Formation expenses20€504-----
Fixed assets21/28€42,146€29,462€20,352€2,691€118,330▲ 4,297%
Tangible fixed assets22/27€42,146€29,462€20,352€2,491€118,130▲ 4,642%
Plant, machinery and equipment23-€6,000€3,440€1,542€567▼ 63.2%
Furniture and vehicles24-€23,462€16,912€949€117,562▲ 12,286%
Financial fixed assets28---€200€200=
Current assets29/58€69,903€47,328€214,636€445,011€421,083▼ 5.4%
Amounts receivable after more than one year29----€215,000-
Other amounts receivable291----€215,000-
Amounts receivable within one year40/41€22,921€46,911€212,501€375,435€190,038▼ 49.4%
Trade receivables40-€4,198€56,466€91,113€26,388▼ 71.0%
Other amounts receivable41-€42,713€156,035€284,323€163,650▼ 42.4%
Cash at bank and in hand54/58€11,104€324€2,135€69,576€11,746▼ 83.1%
Deferred charges and accrued income490/1-€94--€4,300-
Equity and liabilities
Total equity and liabilities10/49€112,554€76,790€234,988€447,702€539,413▲ 20.5%
Equity10/15€32,146€39,636€146,371€231,079€258,890▲ 12.0%
Contributions10/11-€16,000€16,000€15,000€15,000=
Reserves13---€216,079€243,890▲ 12.9%
Distributable reserves133---€216,079€243,890▲ 12.9%
Profit (loss) carried forward14€16,146€23,636€130,371€0--
Amounts payable17/49€80,408€37,155€88,616€216,623€280,523▲ 29.5%
Amounts payable within one year42/48€80,408€37,155€88,616€191,216€231,095▲ 20.9%
Current portion of amounts payable after more than one year42---€6,667€0▼ 100%
Trade debts44€59,659€16,653€32,236€46,547€66,581▲ 43.0%
Suppliers440/4-€16,653€32,236€46,547€66,581▲ 43.0%
Advances received on contracts in progress46----€34,512-
Taxes, remuneration and social security45-€20,258€56,381€138,003€130,002▼ 5.8%
Taxes450/3-€20,258€56,381€138,003€130,002▼ 5.8%
Other amounts payable47/48-€244----
Accrued charges and deferred income492/3---€25,407€49,428▲ 94.5%
Line20202021202220232024Change
Profit (loss) for the period9904€16,146€7,490€106,735€85,708€27,811▼ 67.6%
+ Depreciation and write-downs630€4,497€9,615€9,110€2,498€9,362▲ 275%
Operating cash flow (approximation)€20,642€17,105€115,846€88,206€37,172▼ 57.9%
Investment in fixed assets (approximation)-€3,070€0€15,163-€125,000▼ 924%
Change in cash--€10,780€1,811€67,441-€57,830▼ 186%

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

2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial Equity above €200,000Eq €231,079 ▲57.9%
4 profitable years in a row build equity to €231,079.
04-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-12
Financial Highest result since 2020net €106,735 ▲1,325%
Net result €106,735, the highest in the series.
31-12
Financial Equity above €100,000Eq €146,371 ▲269%
3 profitable years in a row build equity to €146,371.
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial Weakest financial yearnet €7,490 ▼53.6%
Net result drops to €7,490, the lowest in the series; recovery starts the following year.
25-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
276 m²
Building footprint
94 m²
Volume, LiDAR
660 m³
Parcel 31033I0562/00K000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NYALA 1
Berkenstraat 7, 8820 TorhoutManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20202.306.247.947
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31033I0562/00K000 Flanders 276 m² 1 · 94 m² 8.4 m · 2 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, comparable size

Of 18,247 companies in this sector we hold annual accounts for 6,324. 4,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded24-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
41001General construction of residential buildings
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
64210Activities of holding companies
80010Investigation and private security services
96994Pet training
Contact
Phone 0468542032Torhout
E-invoicing
Reachable via Peppol
Peppol ID 0208:0750991024
Also 9925:BE0750991024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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