Financials
Financial year 2025
Etablissements Raymond Nolf from Schaarbeek, company number BE0401991655, closed financial year 2025 with a result of € 21,394 after tax. For that financial year Etablissements Raymond Nolf recorded a gross margin of € 94,991 and equity of € 73,252. Compared with financial year 2024, the result moved from € -31,860 to € 21,394. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 73,252
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,394
▲ still € 31,860 loss in 2024
Profit after tax over the fiscal year.
€ 50,509
▲ 142% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 48,252.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,212
▼ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 90,010
▼ 26% vs 2024
Of which on lease € 90,010.
Debts at end 2025
€ 100,985
▼ 23% vs 2024
€ 30,851 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 47,022
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,382
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,304 | € 33,301 | € 51,607 | € 94,991 | ▲ 84% |
| Profit after taxes | € -484 | € -49,817 | € -31,860 | € 21,394 | ▲ € 53,254 |
| Equity | € 133,535 | € 83,718 | € 51,859 | € 73,252 | ▲ 41% |
| Total debts | € 233,836 | € 227,698 | € 197,991 | € 152,389 | ▼ 23% |
| Cash | € 75,250 | € 53,337 | € 20,908 | € 50,509 | ▲ 142% |
| Retained profit | € 108,535 | € 58,718 | € 26,859 | € 48,252 | ▲ 80% |
| Bank debt | € 185,118 | € 160,868 | € 131,225 | € 100,985 | ▼ 23% |
| Balance sheet total | € 367,371 | € 311,416 | € 249,849 | € 225,641 | ▼ 10% |
| Employees (FTE) | 1 | 1 | - | - |
Key figures of Etablissements Raymond Nolf, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Etablissements Raymond Nolf?
What happened at Etablissements Raymond Nolf in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,394. filed late Source: NBB ↗
- Cédric Nolf became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Schaarbeek. KBO
In short
From € 484 loss in 2022 to € 21,394 profit in 2025.
Paid € 1,886 in corporate taxes since 2022.
Best year ever: 2025, with € 21,394 profit.
On average € 33,300 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Etablissements Raymond Nolf is Cédric Nolf.
Directors
According to the 2025 annual accounts
Cédric Nolf
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Generaal Wahislaan 16E A
1030 Schaarbeek
Generaal Wahislaan 16EA
1030 Schaarbeek
Active since 1 June 1950
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.991.655
- VAT number
- BE 0401.991.655
- Registered office
- Generaal Wahislaan 16E A, 1030 Schaarbeek
- Names & denominations
- Etablissements Raymond Nolf
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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