Nidolin
ActiveSummary
Nidolin has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €52k. Equity is growing by ~47.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency43▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.46 against 0.54 in 2024; short-term debt: 18.2% and cash: 6.4% of total assets), and 81.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.5%
Return on assets
5.1%
Age of the figures
9 mo
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 12707 sector peers (2025).
NBB · sector comparisonPosition among 12707 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
74 d late
2020
3 d late
2019
18 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€189k▲ 38.0%
2024 · €137k
2019: €19k
2020: €20k
2021: €22k
2022: €37k
2023: €37k
2024: €137k
2019 → 2025
Total assets
€1.02M▼ 9.7%
2024 · €1.14M
2019: €779k
2020: €781k
2021: €856k
2022: €854k
2023: €868k
2024: €1.14M
2019 → 2025
Net result
€52k▼ 48.0%
2024 · €100k
2019: €87
2020: €1k
2021: €2k
2022: €15k
2023: €46k
2024: €100k
2019 → 2025
Working capital
€-101k▲ 31.9%
2024 · €-149k
2019: €332k
2020: €94k
2021: €-11k
2022: €-35k
2023: €-138k
2024: €-149k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€37k▲ 66.8%€37k▲ 0.7%€137k▲ 270%€189k▲ 38.0%
Operating result€15k-€29k▲ 93.1%€77k▲ 168%€128k▲ 65.9%€100k▼ 21.9%
Net result€2k-€15k▲ 682%€46k▲ 214%€100k▲ 116%€52k▼ 48.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€939k ▼ 2.4%
Current assets
€85k ▼ 50.8%
Equity and liabilities €1.02M
Equity
€189k ▲ 38.0%
Debt
€835k ▼ 16.3%
Debt's share of the balance-sheet total falls from 87.9% to 81.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145k▼
2024 · €168k
Cash flow
€97k▼
2024 · €140k
Current ratio
0.46▼
2024 · 0.54
Debt to equity
4.41▼
2024 · 7.27
ROE
27.5%▼
2024 · 73.0%
ROA
5.1%▼
2024 · 8.8%
Interest coverage
7.57▼
2024 · 13.32
Debt ≤ 1 year
€187k▼
2024 · €322k
Debt > 1 year
€642k▼
2024 · €674k
Income taxes
€29k▲
2024 · €15k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.02M▼
Fixed assets21/28€962k€939k▼
Tangible fixed assets22/27€962k€939k▼
Land and buildings22€889k€869k▼
Plant, machinery and equipment23€311€3▼
Furniture and vehicles24€72k€70k▼
Current assets29/58€173k€85k▼
Amounts receivable after more than one year29€150k-
Trade receivables290€150k-
Amounts receivable within one year40/41€8k€17k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€15k€66k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.02M▼
Equity10/15€137k€189k▲
Contributions10/11€19k€19k=
Reserves13€119k€171k▲
Non-distributable reserves130/1€87€87=
Reserves not available under the articles1311€87€87=
Distributable reserves133€119k€171k▲
Amounts payable17/49€998k€835k▼
Amounts payable after more than one year17€674k€642k▼
Financial debts170/4€674k€642k▼
Amounts payable within one year42/48€322k€187k▼
Current portion of amounts payable after more than one year42€31k€32k▲
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Taxes, remuneration and social security45€890€5k▲
Taxes450/3€890€5k▲
Other amounts payable47/48€281k€139k▼
Accrued charges and deferred income492/3€2k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€45k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€170k€147k▼
Operating profit (loss)9901€128k€100k▼
Financial charges65/66B€13k€19k▲
Recurring financial charges65€13k€19k▲
Profit (loss) for the period before taxes9903€115k€81k▼
Income taxes67/77€15k€29k▲
Profit (loss) for the period9904€100k€52k▼
Profit (loss) for the period to be appropriated9905€100k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€52k▼
Transfer to equity691/2€100k€52k▼
To other reserves6921€100k€52k▼
The notes to these accounts (6 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €189k ▲38%
7 profitable years in a row build equity to €189k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €100k ▲116%
Operating result €128k, net result €100k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲270%
6 profitable years in a row build equity to €137k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
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, Willebroek · 1 establishment unit since 2019
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.
Hoogstraat 1572830 WillebroekGround area
2,988 m²
Building footprint
182 m²
Volume, LiDAR
1,087 m³
Parcel 12036C0401/00E000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Advocatenkantoor Nick Portugaels
since 20192.291.627.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036C0401/00E000 | Flanders | 2,988 m² | 1 · 181 m² | 9.1 m · 2 fl. |
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.
Similar companies · same sector, comparable size
GEALEX
BE 0726.888.603
Sint-Genesius-Rode · Eq €189,396
EGLADAK
BE 0440.825.507
Antwerpen · Eq €189,053
Gio & Co.
BE 0784.386.243
Gent · Eq €189,874
3-AMI
BE 0697.711.892
Zemst · Eq €188,688
KSERIS
BE 0835.551.070
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Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 915 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
Founded31-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
68321Property management for co-owned buildings (syndics)
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:nick@nidolin.be