NIXAS
ActiveSummary
The annual accounts of NIXAS for fiscal year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €99k and a net result of €-138k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 1991 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency39▼-21
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.04 against 0.06 in 2024; short-term debt: 85.6% and cash: 1.9% of total assets), and 85.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
14.4%
Return on assets
-20.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-138k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1991 sector peers (2025).
NBB · sector comparisonPosition among 1991 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
9 d early
2023
21 d early
2022
42 d early
2021
16 d early
2020
34 d late
2019
4 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 31-12-2026 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
€99k▼ 58.4%
2024 · €237k
2018: €96k
2019: €88k
2020: €102k
2021: €114k
2022: €124k
2023: €363k
2024: €237k
2018 → 2025
Total assets
€685k▲ 0.6%
2024 · €681k
2018: €171k
2019: €128k
2020: €137k
2021: €156k
2022: €163k
2023: €719k
2024: €681k
2018 → 2025
Net result
€-138k▼ 9.6%
2024 · €-126k
2018: €52k
2019: €-8k
2020: €14k
2021: €12k
2022: €9k
2023: €-111k
2024: €-126k
2018 → 2025
Working capital
€-563k▼ 35.2%
2024 · €-417k
2018: €65k
2019: €55k
2020: €72k
2021: €102k
2022: €54k
2023: €-302k
2024: €-417k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€124k▲ 8.3%€363k▲ 193%€237k▼ 34.8%€99k▼ 58.4%
Operating result€24k-€17k▼ 26.9%€-107k€-123k▼ 14.9%€-137k▼ 10.9%
Net result€12k-€9k▼ 20.7%€-111k€-126k▼ 13.8%€-138k▼ 9.6%
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 €137k in 2025 against €123k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €685k
Fixed assets
€662k ▲ 1.3%
Current assets
€23k ▼ 15.6%
Equity and liabilities €685k
Equity
€99k ▼ 58.4%
Debt
€586k ▲ 32.1%
Debt's share of the balance-sheet total rises from 65.2% to 85.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-82k▼
2024 · €-75k
Cash flow
€-83k▼
2024 · €-78k
Current ratio
0.04▼
2024 · 0.06
Debt to equity
5.95▲
2024 · 1.88
ROE
-140.3%▼
2024 · -53.3%
ROA
-20.2%▼
2024 · -18.5%
Interest coverage
-153.02▼
2024 · -46.28
Debt ≤ 1 year
€586k▲
2024 · €444k
Income taxes
€1k▼
2024 · €1k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€681k€685k▲
Fixed assets21/28€653k€662k▲
Tangible fixed assets22/27€653k€662k▲
Land and buildings22€595k€620k▲
Plant, machinery and equipment23€16k-
Furniture and vehicles24€42k€41k▼
Other tangible fixed assets26€572€381▼
Current assets29/58€27k€23k▼
Amounts receivable within one year40/41€14k€5k▼
Trade receivables40€13k€117▼
Other amounts receivable41€719€5k▲
Cash at bank and in hand54/58€12k€13k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€681k€685k▲
Equity10/15€237k€99k▼
Contributions10/11€390k€390k=
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-209k€-348k▼
Amounts payable17/49€444k€586k▲
Amounts payable within one year42/48€444k€586k▲
Trade debts44€8k€1k▼
Suppliers440/4€8k€1k▼
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€427k€582k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€55k▲
Other operating charges640/8€12k€10k▼
Gross operating margin9900€-64k€-72k▼
Operating profit (loss)9901€-123k€-137k▼
Financial income75/76B€105€227▲
Recurring financial income75€105€227▲
Financial charges65/66B€2k€533▼
Recurring financial charges65€2k€533▼
Profit (loss) for the period before taxes9903€-125k€-137k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-126k€-138k▼
Profit (loss) for the period to be appropriated9905€-126k€-138k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-209k€-348k▼
Profit (loss) brought forward from the previous period14P€-83k€-209k▼
The notes to these accounts (7 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-138k
Net result drops to €-138k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €363k ▲193%
Equity rises from €124k to €363k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k ▲15.7%
Equity rises from €88k to €102k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 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, Geel · 1 establishment unit since 2001
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.
St.-Gerebernusstraat 34B2440 GeelGround area
2,484 m²
Building footprint
272 m²
Volume, LiDAR
932 m³
Parcel 13375N0990/00N000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NIXAS BEELD/NIXAS KLANK
since 20012.116.364.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375N0990/00N000 | Flanders | 2,484 m² | 1 · 272 m² | 5.2 m · 1 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
de Roovers spelen
BE 0457.591.659
Antwerpen · Eq €98,465
JACOVOS
BE 0734.517.256
Mechelen · Eq €98,192
Circ Rodini
BE 0761.807.712
Rotselaar · Eq €97,962
DON'T FORGET - COMMEMORATIVE DATE
BE 0444.201.008
Vorst · Eq €100,453
Bij' De Vieze Gasten
BE 0414.622.342
Gent · Eq €100,879
Of 2,276 companies in sector 90202 we hold annual accounts for 413. 320 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
Founded18-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
18120Other printing
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.