Niko Belgium
ActiveSummary
Niko Belgium has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €5.1m. Equity is shrinking by ~12.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 25% of 5113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
Niko Belgium was incorporated on 4 November 1992.1 Since 2024 the company has been called NIKO BELGIUM.2 The board currently has 4 members; Jozef De Backer has served longest, since 2007.3 Revenue grew from EUR 120 million in 2018 to EUR 146 million in 2025 and headcount from 23.2 to 27.5 full-time equivalents.4
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,613 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €151.5m | €155.1m | €151.9m | €144.3m | €146.7m | ▲ 1.7% |
| Turnover70 | €151.2m | €154.2m | €151.6m | €144.0m | €146.3m | ▲ 1.6% |
| Other operating income74 | €295,493 | €950,889 | €331,522 | €302,190 | €390,598 | ▲ 29.3% |
| Operating charges60/66A | €146.2m | €149.7m | €146.6m | €139.2m | €141.5m | ▲ 1.7% |
| Goods for resale, raw materials and consumables60 | €126.5m | €142.1m | €139.6m | €125.5m | €127.8m | ▲ 1.8% |
| Purchases600/8 | €126.5m | €142.1m | €139.6m | €125.5m | €127.8m | ▲ 1.8% |
| Services and other goods61 | €17.3m | €5.0m | €4.4m | €10.3m | €10.4m | ▲ 0.7% |
| Remuneration, social security and pensions62 | €2.4m | €2.6m | €2.7m | €3.4m | €3.3m | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,767 | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€12,603 | -€2,657 | -€3,949 | - | - | - |
| Other operating charges640/8 | €5,520 | €1,265 | €1,377 | €1,518 | €1,447 | ▼ 4.7% |
| Operating profit (loss)9901 | €5.3m | €5.4m | €5.3m | €5.0m | €5.1m | ▲ 1.6% |
| Financial income75/76B | €7.9m | €21.6m | €185.6m | €944,645 | €1.4m | ▲ 52.1% |
| Recurring financial income75 | €7.9m | €21.6m | €22.3m | €944,645 | €1.4m | ▲ 52.1% |
| Income from financial fixed assets750 | €7.9m | €21.6m | €21.0m | - | €775,000 | - |
| Income from current assets751 | - | €16,129 | €1.3m | €940,631 | €657,051 | ▼ 30.1% |
| Other financial income752/9 | €22,692 | €5,023 | €965 | €4,014 | €4,820 | ▲ 20.1% |
| Non-recurring financial income76B | - | - | €163.3m | - | - | - |
| Financial charges65/66B | €85,753 | €16,304 | €20,180 | €7,251 | €9,631 | ▲ 32.8% |
| Recurring financial charges65 | €85,753 | €16,304 | €20,180 | €7,251 | €9,631 | ▲ 32.8% |
| Debt charges650 | €76,042 | - | €10,134 | - | - | - |
| Other financial charges652/9 | €9,711 | €16,304 | €10,046 | €7,251 | €9,631 | ▲ 32.8% |
| Profit (loss) for the period before taxes9903 | €13.1m | €27.0m | €190.9m | €6.0m | €6.6m | ▲ 9.6% |
| Income taxes67/77 | €1.3m | €1.4m | €1.9m | €1.5m | €1.5m | ▼ 3.0% |
| Taxes670/3 | €1.3m | €1.4m | €1.9m | €1.5m | €1.5m | ▼ 3.0% |
| Profit (loss) for the period9904 | €11.8m | €25.6m | €189.0m | €4.5m | €5.1m | ▲ 13.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €1.1m | - | - |
| Profit (loss) for the period to be appropriated9905 | €11.8m | €25.6m | €189.0m | €5.5m | €5.1m | ▼ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142.3m | €131.4m | €42.6m | €58.6m | €50.0m | ▼ 14.7% |
| Fixed assets21/28 | €70.0m | €70.0m | €5,111 | €5,111 | €5,111 | = |
| Financial fixed assets28 | €70.0m | €70.0m | €5,111 | €5,111 | €5,111 | = |
| Affiliated companies280/1 | €70.0m | €70.0m | €5,111 | €5,111 | €5,111 | = |
| Participating interests280 | €70.0m | €70.0m | €5,111 | €5,111 | €5,111 | = |
| Current assets29/58 | €72.2m | €61.4m | €42.6m | €58.6m | €50.0m | ▼ 14.7% |
| Amounts receivable within one year40/41 | €71.6m | €61.1m | €42.2m | €58.2m | €49.7m | ▼ 14.6% |
| Trade receivables40 | €26.1m | €35.2m | €33.4m | €22.2m | €19.5m | ▼ 12.4% |
| Other amounts receivable41 | €45.5m | €25.9m | €8.8m | €36.0m | €30.2m | ▼ 15.9% |
| Current investments50/53 | €57,319 | - | - | - | - | - |
| Other investments51/53 | €57,319 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €27,388 | €28,889 | €27,212 | €20,717 | €18,064 | ▼ 12.8% |
| Deferred charges and accrued income490/1 | €533,886 | €300,054 | €371,858 | €386,298 | €244,158 | ▼ 36.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142.3m | €131.4m | €42.6m | €58.6m | €50.0m | ▼ 14.7% |
| Equity10/15 | €68.8m | €66.4m | €21.2m | €16.2m | €11.2m | ▼ 30.9% |
| Contributions10/11 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Capital10 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Issued capital100 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Reserves13 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Non-distributable reserves130/1 | €190,400 | €190,400 | €190,400 | €190,400 | €190,400 | = |
| Legal reserve130 | €190,400 | €190,400 | €190,400 | €190,400 | €190,400 | = |
| Tax-exempt reserves132 | €1.1m | €1.1m | €1.1m | - | - | - |
| Distributable reserves133 | €2.6m | €2.6m | €2.6m | €3.6m | €3.6m | = |
| Profit (loss) carried forward14 | €63.1m | €60.7m | €15.5m | €10.5m | €5.5m | ▼ 47.7% |
| Amounts payable17/49 | €73.4m | €65.0m | €21.4m | €42.4m | €38.8m | ▼ 8.6% |
| Amounts payable within one year42/48 | €73.0m | €65.0m | €21.4m | €42.4m | €38.8m | ▼ 8.6% |
| Trade debts44 | €52.7m | €36.4m | €20.9m | €32.4m | €27.8m | ▼ 14.2% |
| Suppliers440/4 | €52.7m | €36.4m | €20.9m | €32.4m | €27.8m | ▼ 14.2% |
| Taxes, remuneration and social security45 | €530,574 | €586,491 | €459,598 | €602,622 | €956,994 | ▲ 58.8% |
| Taxes450/3 | - | - | - | €822 | €360,462 | ▲ 43,742% |
| Remuneration and social security454/9 | €530,574 | €586,491 | €459,598 | €601,800 | €596,532 | ▼ 0.9% |
| Other amounts payable47/48 | €19.8m | €28.0m | - | €9.5m | €10.1m | ▲ 6.6% |
| Accrued charges and deferred income492/3 | €412,620 | €1,907 | €738 | €1,978 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11.8m | €25.6m | €189.0m | €4.5m | €5.1m | ▲ 13.9% |
| + Depreciation and write-downs630 | €1,767 | - | - | - | - | - |
| Operating cash flow (approximation) | €11.8m | €25.6m | €189.0m | €4.5m | €5.1m | ▲ 13.9% |
| Investment in fixed assets (approximation) | - | €0 | €70.0m | €0 | €0 | - |
| Change in cash | - | €1,501 | -€1,676 | -€6,495 | -€2,654 | ▲ 59.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
03-07
State Gazette act
Resignation: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Paul Eelen and Peter D'hondt · Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)5 facts ▸
- General meeting, 18-05-2026
- Auditor resignation, EY Bedrijfsrevisoren BV
- Permanent representative, Paul Eelen (permanent representative)
- Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Peter D'hondt (permanent representative)
24-03
State Gazette act
Resignation: Violès BV (director)Appointment: Ycon Consulting BV (director)3 facts ▸
- Board meeting, 18/02/2026
- Director resignation, Violès BV (director)
- Director appointment, Ycon Consulting BV (director)
13-05
State Gazette act
Resignations & appointmentsPower of attorney3 facts ▸
- Board meeting, 24-04-2025
- Power of attorney, Daniël Sturtewagen
- Power of attorney, Regado BV
08-04
State Gazette act
Appointment: Casmati BV (day-to-day manager)Resignation: Daniël Sturtewagen (day-to-day manager)3 facts ▸
- Board meeting, 10-03-2025
- Director appointment, Casmati BV (day-to-day manager)
- Director resignation, Daniël Sturtewagen (day-to-day manager)
22-08
State Gazette act
Reappointments: Jozef De Backer (director) and Violès BV (director)Appointments: Jozef De Backer (chair and managing director) and Violès BV (day-to-day manager) · Permanent representatives: Patrick Van Steelandt and Wim Vandenberghe · Power of attorney11 facts ▸
- General meeting, 21-05-2024
- Board meeting, 20-06-2024
- Director reappointment, Jozef De Backer (director)
- Director reappointment, Violès BV (director)
- Director appointment, Jozef De Backer (chair and managing director)
- Director appointment, Violès BV (day-to-day manager)
- Permanent representative, Patrick Van Steelandt
- Power of attorney, Cassiopeia BV
- Permanent representative, Wim Vandenberghe
- Contract termination, dienstverleningsovereenkomst, 21-05-2024
- Power of attorney, Cassiopeia BV
04-04
State Gazette act
Resignations & appointmentsPower of attorney · Ratification5 facts ▸
- Board meeting, 18-01-2024
- Power of attorney, Cassiopeia BV
- Power of attorney, PhiGy Consulting BV
- Power of attorney, Daniël Sturtewagen
- Ratification, Alle handelingen door Cassiopeia BV vertegenwoordigd door Wim Vandenberghe sinds 1 september 2023 tot op heden worden uitdrukkelijk bekrachtigd door de Raad van…
12-01
State Gazette act
Statutes amendmentName change · Capital4 facts ▸
- General meeting, 30-12-2023
- Name change, NIKO BELGIUM
- Statutes amendment
- Capital, €1.904.000
Show earlier events
05-09
State Gazette act
Reappointment: EY Bedrijfsrevisoren bv (statutory auditor)Director resignation3 facts ▸
- General meeting, 22-05-2023
- Director resignation, statutory auditor
- Auditor reappointment, EY Bedrijfsrevisoren bv (statutory auditor)
09-12
State Gazette act
Resignation: Philippe Bonamie (director and managing director)Appointments: VIOLÈS BV, Jozef De Backer and Daniël Sturtewagen · Permanent representative: Patrick Van Steelandt6 facts ▸
- Board meeting, 28-10-2022
- Director resignation, Philippe Bonamie (director and managing director)
- Director appointment, VIOLÈS BV (director)
- Permanent representative, Patrick Van Steelandt
- Director appointment, Jozef De Backer (managing director)
- Director appointment, Daniël Sturtewagen (day-to-day manager)
09-03
State Gazette act
Resignations & appointmentsPower of attorney4 facts ▸
- Board meeting, 24-02-2022
- Power of attorney, PhiGy Consulting BV
- Power of attorney, Katelijn Roose
- Power of attorney, An Van der Stoelen
11-08
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
- Board meeting, 08-07-2021
- Power of attorney, Bart Vanderkerken
07-07
State Gazette act
Reappointments: Jozef De Backer (director) and Philippe Bonamie (director)Appointment: Philippe Bonamie (managing director)5 facts ▸
- General meeting, 21-05-2021
- Director reappointment, Jozef De Backer (director)
- Director reappointment, Philippe Bonamie (director)
- Board meeting, 21-05-2021
- Director appointment, Philippe Bonamie (managing director)
19-06
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Director resignation3 facts ▸
- General meeting, 18-05-2020
- Director resignation, statutory auditor
- Auditor reappointment, EY Bedrijfsrevisoren BV
05-05
State Gazette act
Resignation: Paul Matthijs (director and managing director)Appointment: Philippe Bonamie (managing director)3 facts ▸
- Board meeting, 02-04-2020
- Director resignation, Paul Matthijs (director and managing director)
- Director appointment, Philippe Bonamie (managing director)
16-07
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren cvba (statutory auditor)Director resignation3 facts ▸
- General meeting, 20-05-2019
- Director resignation, statutory auditor
- Auditor appointment, Ernst & Young Bedrijfsrevisoren cvba (statutory auditor)
12-09
State Gazette act
Reappointment: Jozef De Backer (chair of the board)Appointment: Paul Matthijs (managing director)3 facts ▸
- Board meeting, 22-05-2018
- Director reappointment, Jozef De Backer (chair of the board)
- Director appointment, Paul Matthijs (managing director)
24-07
State Gazette act
Appointments: Jozef De Backer, Paul Matthijs and Philippe Bonamie4 facts ▸
- General meeting, 22-05-2018
- Director appointment, Jozef De Backer (director)
- Director appointment, Paul Matthijs (director)
- Director appointment, Philippe Bonamie (director)
11-08
State Gazette act
Resignation: Isabelle VAN ISEGHEM (director)Appointment: Paul MATTHIJS (director) · Director discharge · Mandate compensation7 facts ▸
- Director resignation, Isabelle VAN ISEGHEM (director)
- Director discharge, Isabelle VAN ISEGHEM
- Director appointment, Paul MATTHIJS (director)
- Mandate compensation, Paul MATTHIJS
- Board composition, Jozef De Backer (director)
- Board composition, Peter Watteeuw (director)
- Board composition, Paul MATTHIJS (director)
14-04
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
- General meeting, 17-05-2016
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
16-03
State Gazette act
Resignations & appointmentsPower of attorney3 facts ▸
- Board meeting, 28-01-2016
- Power of attorney, Danny Sturtewagen
- Power of attorney, Bart Vanderkerken
24-11
State Gazette act
Resignations & appointmentsPower of attorney3 facts ▸
- Board meeting, 15-10-2015
- Power of attorney, Pascale Milo
- Power of attorney, Dany Sturtewagen
13-07
State Gazette act
Reappointments: Jozef De Backer (director) and Peter Watteeuw (director)Appointment: Isabelle Van Iseghem (director) · Resignation: Inducap Comm.V. (director)11 facts ▸
- General meeting, 18-05-2015
- Director reappointment, Jozef De Backer (director)
- Director reappointment, Peter Watteeuw (director)
- Director appointment, Isabelle Van Iseghem (director)
- Director resignation, Inducap Comm.V. (director)
- Board composition, Jozef De Backer (director)
- Board composition, Peter Watteeuw (director)
- Board composition, Isabelle Van Iseghem (director)
- Board meeting, 25-06-2015
- Director reappointment, Jozef De Backer (chair of the board)
- Director reappointment, Peter Watteeuw (managing director)
21-05
State Gazette act
Resignation: Inducap Comm.V. (director)Appointment: Isabelle Van Isegehem (director)3 facts ▸
- Board meeting, 19-03-2015
- Director resignation, Inducap Comm.V. (director)
- Director appointment, Isabelle Van Isegehem (director)
02-07
State Gazette act
Reappointment: Peter Watteeuw (managing director)3 facts ▸
- Board meeting, 28-06-2012
- General meeting, 21-05-2012
- Director reappointment, Peter Watteeuw (managing director)
26-06
State Gazette act
Appointment: Emst & Young Bedrijfsrevisoren BCVBA (statutory auditor)Power of attorney4 facts ▸
- General meeting, 21-05-2013
- Board meeting, 06-06-2013
- Auditor appointment, Emst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
- Power of attorney, Pascale Milo
20-06
State Gazette act
Reappointments: Jozef De Backer, Peter Watteeuw and Inducap Comm.V.Permanent representative: Philippe Lambrecht5 facts ▸
- General meeting, 21-05-2012
- Director reappointment, Jozef De Backer (director)
- Director reappointment, Peter Watteeuw (director)
- Director reappointment, Inducap Comm.V. (director)
- Permanent representative, Philippe Lambrecht
28-03
State Gazette act
Resignation: Thomas Coppens (director)Appointment: Inducap Comm.V. (director) · Permanent representative: Philippe Lambrecht4 facts ▸
- General meeting, 01-03-2011
- Director resignation, Thomas Coppens (director)
- Director appointment, Inducap Comm.V. (director)
- Permanent representative, Philippe Lambrecht
25-06
State Gazette act
Appointment: Emst & Young & Partners (statutory auditor)2 facts ▸
- General meeting, 17-05-2010
- Auditor appointment, Emst & Young & Partners (statutory auditor)
21-01
State Gazette act
Appointments: Peter Watteeuw (director) and Jozef De Backer (chair of the board)Resignations: Jozef De Backer (managing director) and Michel Berges (chair of the board) · Officer authority8 facts ▸
- General meeting, 20-12-2007
- Board meeting, 20-12-2007
- Director appointment, Peter Watteeuw (director)
- Director appointment, Peter Watteeuw (managing director)
- Director resignation, Jozef De Backer (managing director)
- Director appointment, Jozef De Backer (chair of the board)
- Director resignation, Michel Berges (chair of the board)
- Officer authority, gedelegeerd bestuurder
Directors · office · real estate
Board 3
2 not recently confirmed
Day-to-day management 3
1 not recently confirmed
Permanent representatives 1
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1745/00H000 | Flanders | 2.2 ha | 1 · 1.8 ha | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Jozef De Backer |
|
| Violès |
|
| YCON CONSULTING |
|
| Casmati |
|
| BV PwC Bedrijfsrevisoren |
|
| De heer Peter Watteeuw |
|
| Isabelle Van Isegehem |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Daniël STURTEWAGEN |
|
| Philippe Bonamie |
|
| Paul Matthijs |
|
| Isabelle VAN ISEGHEM |
|
| Inducap Comm.V. |
|
| Emst & Young & Partners |
|
| Thomas Coppens |
|
| Michel Berges |
|
Articles of association
Full purpose
De uitbating van een handelsonderneming voor de groothandel, de invoer, de uitvoer, de commissiehandel van allerlei producten, fabricaten, artikelen en grondstoffen, bestemd tot de handel en nijverheid in het algemeen, alsmede alle nijverheidsverrichtingen, handelszaken en verhandelingen van financieële aard die zich rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten. De vennootschap mag ten gunste van vennootschappen en ondernemingen waarin zij belangen bezit, hypotheek vestigen, zich borg stellen of haar aval verlenen, optreden als haar vertegenwoordiger, voorschotten toestaan, krediet verlenen, hypothecaire en andere zekerheden verstrekken. De vennootschap mag de functie van bestuurder, manager of gemandateerde waarnemen in ondernemingen en vennootschappen. De vennootschap mag haar voorwerp verwezenlijken, zo in België als in het buitenland, op alle wijze en manieren die zij best geschikt zou achten.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- ANDHERS
- Niko Belgium
Highest known parent: ANDHERS. The sources do not say who stands above it.
Owners 2
-
99.95%
- Sourceown accounts 20250.05%
Holdings 1
-
100%
According to the 2025 annual accounts of Niko Belgium and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
10 connected companiesShow 6 more companies with a shared director
Capital and shareholders
- 12-01-2024 Capital stated in the act · 1,904,000 EUR · 2,176 shares
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.