NIGAM
ActiveFor NIGAM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-20k) and a net result of €-643. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 15229 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability32▼-1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
-65.8%
Return on assets
-2.1%
Age of the figures
33 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
31 d late
2021
8 d late
2020
20 d late
2019
131 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-643▼ 10.1%
2022 · €-584
2018: €-943
2019: €-1k
2020: €-2k
2021: €-593
2022: €-584
2018 → 2023
Working capital
€5k▲ 33.1%
2019 · €4k
2018: €4k
2019: €4k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-16k-€-18k▼ 9.2%€-19k▼ 3.3%€-19k▼ 3.2%€-20k▼ 3.4%
Operating result€-1k-€-2k▼ 20.7%€-593▲ 60.7%€-584▲ 1.5%€-643▼ 10.1%
Net result€-1k-€-2k▼ 20.7%€-593▲ 60.7%€-584▲ 1.5%€-643▼ 10.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €643 in 2023 against €584 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €30k
Fixed assets
€25k=
Current assets
€5k=
Key figures and ratios
Solvency
-65.8%▼
2022 · -63.6%
Debt / equity
-2.52▲
2022 · -2.57
ROA
-2.1%▼
2022 · -1.9%
Debt
€50k▲
2022 · €49k
Debt > 1 year
€50k▲
2022 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€30k€30k=
Fixed assets21/28€25k€25k=
Tangible fixed assets22/27€25k€25k=
Land and buildings22€25k€25k=
Current assets29/58€5k€5k=
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Cash at bank and in hand54/58€157€157=
Equity and liabilities
Total equity and liabilities10/49€30k€30k=
Equity10/15€-19k€-20k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-23k€-24k▼
Amounts payable17/49€49k€50k▲
Amounts payable after more than one year17€49k€50k▲
Other amounts payable178/9€49k€50k▲
Income statement
Code20222023
Goods, raw materials, services and sundry goods60/61€584€643▲
Gross operating margin9900€-584€-643▼
Operating profit (loss)9901€-584€-643▼
Profit (loss) for the period before taxes9903€-584€-643▼
Profit (loss) for the period9904€-584€-643▼
Profit (loss) for the period to be appropriated9905€-584€-643▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-24k▼
Profit (loss) brought forward from the previous period14P€-22k€-23k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
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
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.06
Current ratio from 3.35 to 15.06; short-term debt falls from €2k to €348.
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 131 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 497 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Libin · 1 establishment unit since 1998
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.
Rue de l'Eglise,Transinne 286890 LibinGround area
91 m²
Building footprint
157 m²
Volume, LiDAR
879 m³
Parcel 84070A0106/00D000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Eglise,Transinne 28, 6890 Libin
since 19982.048.235.073
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84070A0106/00D000 | Wallonia | 91 m² | 1 · 157 m² | 8.1 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.
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 29 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap (oud statuut)
Founded23-03-1990
Fiscal year end31-12
Activities, NACEBEL
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.