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NYLO POWER

Active
Private limited companyfounded 20215 yrs activeZwijnaardsesteenweg 44, 9000 Gent, BelgiumKBO/BCE: BE 0763.722.867
Summary

The computed 12-month bankruptcy probability of NYLO POWER is 2.8% (moderate). For NYLO POWER, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €88,972 and a net result of €52,227. Equity is growing by ~61.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 36378 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100=
Solvency97▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
71.7%
Return on assets
42.1%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 334 days later.
NBB · 3 filings
Position against the passed deadline
31-03-2025 close31-10-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 16-10-2024, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
15 d early
2023
46 d early
2022
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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

On 17 February 2021, NYLO POWER was incorporated as a Private limited company.1 Total assets went from EUR 36,962 in 2022 to EUR 124,088 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€88,972▲ 71.9%
2023 · €51,745
Total assets
€124,088▲ 55.1%
2023 · €80,014
Net result
€52,227▲ 75.1%
2023 · €29,825
Working capital
€88,972▲ 47.2%
2023 · €60,445
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line202220232024
Operating result€32,632-€34,872▲ 6.9%€60,272▲ 72.8%
Net result€24,420within the sector's middle half-€29,825above the sector's middle half▲ 22.1%€52,227above the sector's middle half▲ 75.1%
Equity€25,420within the sector's middle half-€51,745within the sector's middle half▲ 104%€88,972within the sector's middle half▲ 71.9%
Total assets€36,962below the sector's middle half-€80,014within the sector's middle half▲ 116%€124,088within the sector's middle half▲ 55.1%
Debt€11,542-€28,269▲ 145%€35,116▲ 24.2%
Working capital€25,420within the sector's middle half-€60,445within the sector's middle half▲ 138%€88,972within the sector's middle half▲ 47.2%
Solvency68.8%above the sector's middle half-64.7%within the sector's middle half▼ 4.1pp71.7%above the sector's middle half▲ 7.0pp
Current ratio3.20above the sector's middle half-4.09above the sector's middle half▲ 0.893.53above the sector's middle half▼ 0.56
Return on assets (ROA)66.1%above the sector's middle half-37.3%above the sector's middle half▼ 28.8pp42.1%above the sector's middle half▲ 4.8pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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€20,000€40,000€60,000Operating result 2022: €32,632€32,632Net result 2022: €24,420€24,420Operating result 2023: €34,872€34,872Net result 2023: €29,825€29,825Operating result 2024: €60,272€60,272Net result 2024: €52,227€52,227202220232024€0€20,000€40,000€60,000Operating result 2022: €32,632€32,600Net result 2022: €24,420€24,400Operating result 2023: €34,872€34,900Net result 2023: €29,825€29,800Operating result 2024: €60,272€60,300Net result 2024: €52,227€52,200202220232024
The operating result has risen two years in a row; 2024 is 73% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €124,088
Equity €88,972 ▲ 71.9%
Debt €35,116 ▲ 24.2%
Debt's share of the balance-sheet total falls from 35.3% to 28.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.39▼
2023 · 0.55
ROE
58.7%▲
2023 · 57.6%
Debt ≤ 1 year
€35,116▲
2023 · €19,569
Income taxes
€9,470▲
2023 · €6,683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€80,014€124,088▲
Current assets29/58€80,014€124,088▲
Amounts receivable within one year40/41€74,327€122,923▲
Trade receivables40€16,422€27,050▲
Other amounts receivable41€57,905€95,873▲
Cash at bank and in hand54/58€5,395€1,165▼
Deferred charges and accrued income490/1€292-
Equity and liabilities
Total equity and liabilities10/49€80,014€124,088▲
Equity10/15€51,745€88,972▲
Contributions10/11€1,000€1,000=
Capital10€1,000€1,000=
Issued capital100€1,000€1,000=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Legal reserve130€100€100=
Profit (loss) carried forward14€50,645€87,872▲
Amounts payable17/49€28,269€35,116▲
Amounts payable after more than one year17€8,700-
Financial debts170/4€8,700-
Amounts payable within one year42/48€19,569€35,116▲
Current portion of amounts payable after more than one year42-€4,490
Trade debts44€9,386€993▼
Suppliers440/4€9,386€993▼
Taxes, remuneration and social security45€6,683€14,633▲
Taxes450/3€6,683€14,633▲
Other amounts payable47/48€3,500€15,000▲
Income statement Code20232024
Other operating charges640/8€134€273▲
Gross operating margin9900€35,006€60,545▲
Operating profit (loss)9901€34,872€60,272▲
Financial income75/76B€2,643€4,353▲
Recurring financial income75€2,643€4,353▲
Financial charges65/66B€1,007€2,928▲
Recurring financial charges65€1,007€2,928▲
Profit (loss) for the period before taxes9903€36,508€61,697▲
Income taxes67/77€6,683€9,470▲
Profit (loss) for the period9904€29,825€52,227▲
Profit (loss) for the period to be appropriated9905€29,825€52,227▲
Appropriation of the result
Profit (loss) to be appropriated9906€54,145€102,872▲
Profit (loss) brought forward from the previous period14P€24,320€50,645▲
Profit to be distributed694/7€3,500€15,000▲
Directors or managers695€3,500€15,000▲
Line202220232024Change
Other operating charges640/8€854€134€273▲ 104%
Gross operating margin9900€33,486€35,006€60,545▲ 73.0%
Operating profit (loss)9901€32,632€34,872€60,272▲ 72.8%
Financial income75/76B€640€2,643€4,353▲ 64.7%
Recurring financial income75€640€2,643€4,353▲ 64.7%
Financial charges65/66B€64€1,007€2,928▲ 191%
Recurring financial charges65€64€1,007€2,928▲ 191%
Profit (loss) for the period before taxes9903€33,208€36,508€61,697▲ 69.0%
Income taxes67/77€8,788€6,683€9,470▲ 41.7%
Profit (loss) for the period9904€24,420€29,825€52,227▲ 75.1%
Profit (loss) for the period to be appropriated9905€24,420€29,825€52,227▲ 75.1%
Line202220232024Change
Assets
Total assets20/58€36,962€80,014€124,088▲ 55.1%
Current assets29/58€36,962€80,014€124,088▲ 55.1%
Amounts receivable within one year40/41€32,284€74,327€122,923▲ 65.4%
Trade receivables40€11,278€16,422€27,050▲ 64.7%
Other amounts receivable41€21,006€57,905€95,873▲ 65.6%
Cash at bank and in hand54/58€4,678€5,395€1,165▼ 78.4%
Deferred charges and accrued income490/1-€292--
Equity and liabilities
Total equity and liabilities10/49€36,962€80,014€124,088▲ 55.1%
Equity10/15€25,420€51,745€88,972▲ 71.9%
Contributions10/11€1,000€1,000€1,000=
Capital10€1,000€1,000€1,000=
Issued capital100€1,000€1,000€1,000=
Reserves13€100€100€100=
Non-distributable reserves130/1€100€100€100=
Legal reserve130€100€100€100=
Profit (loss) carried forward14€24,320€50,645€87,872▲ 73.5%
Amounts payable17/49€11,542€28,269€35,116▲ 24.2%
Amounts payable after more than one year17-€8,700--
Financial debts170/4-€8,700--
Amounts payable within one year42/48€11,542€19,569€35,116▲ 79.4%
Current portion of amounts payable after more than one year42--€4,490-
Trade debts44€2,754€9,386€993▼ 89.4%
Suppliers440/4€2,754€9,386€993▼ 89.4%
Taxes, remuneration and social security45€8,788€6,683€14,633▲ 119%
Taxes450/3€8,788€6,683€14,633▲ 119%
Other amounts payable47/48-€3,500€15,000▲ 329%
Line202220232024Change
Profit (loss) for the period9904€24,420€29,825€52,227▲ 75.1%
Operating cash flow (approximation)€24,420€29,825€52,227▲ 75.1%
Change in cash-€717-€4,230▼ 690%

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

2024
16-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2022net €52,227 ▲75.1%
Operating result €60,272, net result €52,227, both a record.
2023
15-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
25-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
596 m²
Building footprint
436 m²
Volume, LiDAR
3,957 m³
2 parcels, Brussels, Flanders · tallest building 21.6 m, ±3 floors. Linked by address, not a title deed.
144 companies at this address See who is registered here
1 establishment unit
NYLO POWER
Emile Wautersstraat 62, 1020 BrusselManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20212.313.384.474
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21816C0018/00Z005 Brussels 383 m² 1 · 234 m² 21.6 m · 3 fl.
44808H0052/00R006 Flanders 214 m² 1 · 202 m² 11.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 22,827 companies in sector 43211 we hold annual accounts for 10,338. 8,812 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
Founded17-02-2021
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43990Other specialised construction activities
52250Logistics services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0763722867
Also 9925:BE0763722867
Registered 29-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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