Nico's Grill
ActiveSummary
The computed 12-month bankruptcy probability of Nico's Grill is 3.2% (moderate). The 2025 annual accounts show negative equity (€-35k) and a net result of €-7k. Equity is shrinking by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 8% of 13305 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.06 in 2024; short-term debt: 253.4% and cash: 3.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2025Solvency, return and age of the figures
Solvency
-153.4%
Return on assets
-32.3%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-35k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
35 d early
2023
2 d early
2022
358 d late
2021
87 d late
2020
352 d late
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-35k▼ 26.7%
2024 · €-28k
2019: €-12k
2020: €-17k
2021: €-6k
2022: €-12k
2023: €-12k
2024: €-28k
2019 → 2025
Total assets
€23k▼ 24.3%
2024 · €30k
2019: €17k
2020: €11k
2021: €8k
2022: €15k
2023: €33k
2024: €30k
2019 → 2025
Net result
€-7k▲ 53.9%
2024 · €-16k
2019: €-14k
2020: €-5k
2021: €11k
2022: €-11k
2023: €-584
2024: €-16k
2019 → 2025
Working capital
€-58k▼ 4.2%
2024 · €-55k
2019: €-18k
2020: €-21k
2021: €-10k
2022: €-24k
2023: €-41k
2024: €-55k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€-12k▼ 93.0%€-12k▼ 0.7%€-28k▼ 137%€-35k▼ 26.7%
Operating result€11k-€-11k€-3k▲ 77.3%€-14k▼ 466%€-6k▲ 59.9%
Net result€11k-€-11k€-584▲ 94.8%€-16k▼ 2,672%€-7k▲ 53.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€22k ▼ 18.8%
Current assets
€979 ▼ 69.9%
Key figures and ratios
EBITDA
€19▲
2024 · €-9k
Cash flow
€-2k▲
2024 · €-11k
Solvency
-153.4%▼
2024 · -91.7%
Current ratio
0.02▼
2024 · 0.06
Debt to equity
-1.65▲
2024 · -2.09
ROA
-32.3%▲
2024 · -53.1%
Interest coverage
0.01▲
2024 · -5.62
Debt
€59k▲
2024 · €58k
Debt ≤ 1 year
€59k▲
2024 · €58k
Income taxes
€263▲
2024 · €152
Staff costs
€19k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€23k▼
Fixed assets21/28€27k€22k▼
Tangible fixed assets22/27€25k€20k▼
Land and buildings22€9k€11k▲
Plant, machinery and equipment23€4k€467▼
Furniture and vehicles24€12k€8k▼
Financial fixed assets28€3k€3k=
Current assets29/58€3k€979▼
Amounts receivable within one year40/41€2k€141▼
Trade receivables40€2k€42▼
Other amounts receivable41€191€99▼
Cash at bank and in hand54/58€917€838▼
Equity and liabilities
Total equity and liabilities10/49€30k€23k▼
Equity10/15€-28k€-35k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Non-distributable reserves130/1€157€157=
Reserves not available under the articles1311€157€157=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-50k€-57k▼
Amounts payable17/49€58k€59k▲
Amounts payable within one year42/48€58k€59k▲
Current portion of amounts payable after more than one year42€13k€12k▼
Trade debts44€11k€2k▼
Suppliers440/4€11k€2k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€31k€40k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€20k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€4k€770▼
Gross operating margin9900€15k€20k▲
Operating profit (loss)9901€-14k€-6k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-16k€-7k▲
Income taxes67/77€152€263▲
Profit (loss) for the period9904€-16k€-7k▲
Profit (loss) for the period to be appropriated9905€-16k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-57k▼
Profit (loss) brought forward from the previous period14P€-34k€-50k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 358 days late
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 352 days late
31-03
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Genk · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stalenstraat 403600 GenkGround area
585 m²
Building footprint
198 m²
Parcel 71308A0835/00H020, Flanders. Linked by address, not a title deed.
1 establishment unit
Nico's Grill
since 20122.212.439.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0835/00H020 | Flanders | 585 m² | 1 · 198 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.212.439.544
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BE 1010.425.838
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TORSK
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 2,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2012
Fiscal year end31-03
Activities, NACEBEL 2025
56111Full-service restaurants
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.