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NIEMAR

Active
Private limited companyfounded 2015active for 11 yearsHoogeindeken(GW) 7, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0631.934.016
Summary

NIEMAR has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€190,408) and a net result of -€244,757. Equity has been stable since 2019 (±0.2% per year). Its solvency ranks better than 5% of 174 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 11-06-2015 Normal situation
Activity
Development of non-residential building projects NACE 68122and 1 other
Establishment unit
2.243.264.065 9170 Sint-Gillis-Waas, since 11-06-2015
Financial year end
29 June
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • DEMONIE MarcDirector
  • DEMONIE SvenDirector

Financial position

52 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts to 29-06-2026
Gross margin
-€207,607
Loss
€244,757
Equity
-€190,408
Total assets
€187,580
▼ 84.8%
  • Negative equity on 29-06-2026
Filed on 02-10-2026, 119 days before the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €244,757 (financial year 2026)Negative equity -€190,408lowers riskSize: total assets €187,580Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2026
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 6% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Weak
Solvency 0-29
equity -101.5% of total assets
Liquidity 18+17
short-term debt 201.5% · cash 14.0%
Profitability 0-69
return on assets -130.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.2%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 1.3%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 1.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1 (0.91 in 2025), below 1. Short-term debt is 201.5% and cash 14% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 5% of them on solvency, 15% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €244,757 (financial year 2026)
NBB · annual accounts
lowers risk · Size: total assets €187,580
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€190,408
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
19202223242526
2019 to 2026 · latest year -€190,408
neutral · Latest accounts filed on time
The financial year that closed on 29-06-2026 was due by 29-01-2027 and was filed on 02-10-2026, 119 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
119 days early
2025
100 days early
2024
126 days early
2023
122 days early
2022
117 days early
2020
9 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 88 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 29-06-2027 and is due by 29-01-2028. Nothing is late today. The company usually files around 2 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today29-06-2027 year end29-01-2028 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2026 -€190,408 View
  • Caution: From profit to loss in 2026after a profit of €60 in 2025 -€244,757 View
  • Caution: Lower solvency than 95% of companies in real estatesector median 41.0% · 174 companies -101.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as NIEMAR: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €169,000 and €201,000, founded between 2013 and 2016.

CompanyTotal assetsGross margin
NIEMAR Sint-Gillis-Waas€187,580-€207,607
JARES Deinze€183,321-€6,067
VERCLEYEN PROJECTS Geraardsbergen€168,756€1,365
Piano De Heug Antwerpen€178,795-€17,189
ONYX Development Putte€199,514-€1,879
Vanhout PPS Geel€172,486-€2,616
PROMO-PROPERTY Retie€201,065-€156,272
Full comparison

Key facts about NIEMAR

What is the company number of NIEMAR?
The company number of NIEMAR is 0631.934.016. The VAT number is the same number with BE in front: BE 0631.934.016.
Where is NIEMAR based?
The registered office is at Hoogeindeken(GW) 7, 9170 Sint-Gillis-Waas.Company details
What does NIEMAR do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of NIEMAR?
The legal form of NIEMAR is Private limited company (BV).
When was NIEMAR founded?
NIEMAR was founded on 11-06-2015.
Is NIEMAR still active?
Yes, NIEMAR is an active enterprise in the KBO register.
What is the turnover of NIEMAR?
The annual accounts for financial year 2026 state no turnover.Financials
Is NIEMAR profitable?
In financial year 2026, NIEMAR made a loss of €244,757.
Where can I find the annual accounts of NIEMAR?
NIEMAR filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of NIEMAR due?
NIEMAR must file the annual accounts for financial year 2027 by 29-01-2028.Timeline

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