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NICK & NICK

Active
Public limited companyfounded 1994active for 31 yearsMenenstraat 181, 8930 Menen, BelgiumKBO/BCE: BE 0453.855.674

The file of NICK & NICK contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The annual accounts of NICK & NICK for financial year 2025 show a net loss of 375% of total assets and of 83% of the equity at the start of that year. The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show equity of €43,120 and a net result of -€216,677. Equity is shrinking by about 23% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 87% of 16,452 sector peers (NACE 56, financial year 2025).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
6th oldest company in Menen, Accommodation and food service sector2 sites
Size
€57,857total assets 2025
Staff
0.4 FTE
Equity
€43,120
Loss
-€216,677
Turnover not published (micro format)
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.0%
Structure
Accounts filed 31 days late1 of 6 deeds read
Why 33raises riskReorganisation plan being carried out (approved, Gazette 28-06-2024)Loss of €216,677, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 3.30, cash €25,820Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 100+41
equity 74.5% of total assets
Liquidity 90+71
short-term debt 25.5% · cash 44.6%
Profitability 0-6
return on assets -374.5%
Bankruptcy probability, 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,728 companies, NACE 56, micro)
Last 24 months 11-2024: 14.6% 12-2024: 14.6%● unchanged vs 11-2024 01-2025: 14.6%● unchanged vs 12-2024 02-2025: 14.6%● unchanged vs 01-2025 03-2025: 14.6%● unchanged vs 02-2025 04-2025: 14.6%● unchanged vs 03-2025 05-2025: 14.9%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 14.6%▼ -0.3 percentage points vs 05-2025 07-2025: 10.0%▼ -4.6 percentage points vs 06-2025lowest value 08-2025: 10.0%● unchanged vs 07-2025lowest value 09-2025: 10.0%● unchanged vs 08-2025lowest value 10-2025: 10.0%● unchanged vs 09-2025lowest value 11-2025: 10.0%● unchanged vs 10-2025lowest value 12-2025: 10.0%● unchanged vs 11-2025lowest value 01-2026: 10.0%● unchanged vs 12-2025lowest value 02-2026: 10.0%● unchanged vs 01-2026lowest value 03-2026: 10.0%● unchanged vs 02-2026lowest value 04-2026: 10.0%● unchanged vs 03-2026lowest value 05-2026: 11.7%▲ +1.7 percentage points vs 04-2026 06-2026: 13.6%▲ +1.9 percentage points vs 05-2026 07-2026: 10.0%▼ -3.6 percentage points vs 06-2026lowest value 08-2026: 10.0%● unchanged vs 07-2026lowest value 09-2026: 10.0%● unchanged vs 08-2026lowest value 10-2026: 10.0%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.3, compared with 0.11 in 2024, above the usual 1.5; short-term debt: 25.5% and cash: 44.6% of total assets), and 25.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 87% on solvency, 92% on liquidity, 8% on profitability and 9% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 28-06-2024)
While the plan runs, the probability is at least 10.0%: the measured failure rate of plans of that age.
Belgian Official Gazette
lowers risk · Liquidity: current ratio 3.30, cash €25,820
NBB · annual accounts
raises risk · Loss of €216,677, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€216,677
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-05-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
7 days late
2023
on the day
2022
2 days early
2021
on the day
2020
on the day
2019
15 days 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 3 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end16-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€216,677
  3. Liquidity more than 29 timescurrent ratio 3.30

Key points

  • Risk: 6 loss-making years in a rowloss financial year 2025 -€216,677 View
  • Caution: Result fell in 2025from -€78,823 to -€216,677 ▼ 175% View
  • Caution: Among the weakest 5% on net resultsector median €4,954 · 16,430 companies -€216,677 View

By topic

Financials

Financial year
2025
Total assets
€57,857
Loss
-€216,677
Solvency
74.5%
Total assets▼ 92.4%
Net result
20192025
Go to Financials

Timeline

Events
36
Since
1997
Next accounts
by 30-04-2027
  1. 07-05-2025Annual accounts filed
  2. 10-03-2025Resignation: Notebaert Evelien (director)
  3. 28-06-2024Plan homologation
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
23-11-1994
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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