Nina Noa Arts
ActiveSummary
The computed 12-month bankruptcy probability of Nina Noa Arts is 3.0% (moderate). The 2025 annual accounts show negative equity (€-18k) and a net result of €-7k. Equity is shrinking by ~96.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 4621 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 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=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 2025Age of the figures
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
9 d early
2022
30 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
€-18k▼ 57.0%
2024 · €-12k
2022: €5k
2023: €-1k
2024: €-12k
2022 → 2025
Total assets
€4k▼ 46.8%
2024 · €7k
2022: €12k
2023: €7k
2024: €7k
2022 → 2025
Net result
€-7k▲ 34.5%
2024 · €-10k
2022: €619
2023: €-6k
2024: €-10k
2022 → 2025
Working capital
€-19k▼ 33.7%
2024 · €-15k
2022: €775
2023: €-4k
2024: €-15k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€-1k€-12k▼ 674%€-18k▼ 57.0%
Operating result€2k-€-5k€-9k▼ 78.0%€-6k▲ 36.6%
Net result€619-€-6k€-10k▼ 64.2%€-7k▲ 34.5%
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 €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€1k ▼ 39.8%
Current assets
€2k ▼ 48.5%
Key figures and ratios
EBITDA
€-4k▲
2024 · €-8k
Cash flow
€-5k▲
2024 · €-9k
Interest coverage
-7.23▲
2024 · -10.65
Debt
€22k▲
2024 · €18k
Debt ≤ 1 year
€21k▲
2024 · €18k
Income taxes
€141▲
2024 · €128
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7k€4k▼
Formation expenses20€630€222▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€958€494▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€4k€2k▼
Stocks and contracts in progress3€797€913▲
Stocks30/36€797€913▲
Amounts receivable within one year40/41€12€151▲
Trade receivables40-€146
Other amounts receivable41€12€6▼
Cash at bank and in hand54/58€3k€707▼
Deferred charges and accrued income490/1€63€65▲
Equity and liabilities
Total equity and liabilities10/49€7k€4k▼
Equity10/15€-12k€-18k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-16k€-22k▼
Amounts payable17/49€18k€22k▲
Amounts payable within one year42/48€18k€21k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€15k€18k▲
Accrued charges and deferred income492/3€126€400▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-6k€-3k▲
Operating profit (loss)9901€-9k€-6k▲
Financial charges65/66B€734€611▼
Recurring financial charges65€734€611▼
Profit (loss) for the period before taxes9903€-10k€-6k▲
Income taxes67/77€128€141▲
Profit (loss) for the period9904€-10k€-7k▲
Profit (loss) for the period to be appropriated9905€-10k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-22k▼
Profit (loss) brought forward from the previous period14P€-5k€-16k▼
The notes to these accounts (4 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
09-09
State Gazette act
Board meeting · Registered-office moveRegistered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Registered-office move2 facts ▸
- Board meeting, 22-07-2026
- Registered-office move, Gerststraat 133 - 8400 Oostende
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2021
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.
Gerststraat 1338400 OostendeGround area
1,202 m²
Building footprint
198 m²
Volume, LiDAR
1,098 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nina Noa Arts
since 20212.318.576.449
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35003C0326/00F002 | Flanders | 1,077 m² | 1 · 106 m² | 7.3 m · 2 fl. |
| 35383C0362/00X007 | Flanders | 125 m² | 1 · 91 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DASE ONE
BE 0731.629.131
Houthalen-Helchteren · Eq €4,384
THE FACE MASTER
BE 0803.694.587
Zaventem · Eq €4,919
VRS TATTOO
BE 1003.708.884
Leuven · Eq €4,921
ART - BUSINESS
BE 0544.321.339
Frameries · Eq €4,327
Novum 5
BE 1021.970.620
Schilde · Eq €4,946
Of 2,195 companies in sector 96992 we hold annual accounts for 131. 98 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
Founded08-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96992Tattoo and piercing services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.