What does CINOCO -LE PALAIS DU VIN do?

CINOCO -LE PALAIS DU VIN is a wholesaler in Nivelles. Public Limited, started on 27 July 1955, 1 establishment.

What is the address of CINOCO -LE PALAIS DU VIN?

The registered office of CINOCO -LE PALAIS DU VIN is located at Avenue Robert Schuman 91, 1400 Nivelles.

Is CINOCO -LE PALAIS DU VIN still active?

Yes. According to the CBE (30 October 2026) CINOCO -LE PALAIS DU VIN is active, legal situation “Normale toestand”, started on 27 July 1955.

Is CINOCO -LE PALAIS DU VIN registered on Peppol?

Yes, CINOCO -LE PALAIS DU VIN is registered on the Peppol network with ID 0208:0402850106.

What is the enterprise number of CINOCO -LE PALAIS DU VIN?

The enterprise number of CINOCO -LE PALAIS DU VIN is BE0402850106.

When was CINOCO -LE PALAIS DU VIN founded?

CINOCO -LE PALAIS DU VIN was founded on 27 July 1955.

Who are the directors of CINOCO -LE PALAIS DU VIN?

According to the 2025 annual accounts, the directors of CINOCO -LE PALAIS DU VIN are: Natasha Nolet de Brauwere, Joline Nolet de Brauwere Van Steeland, Leopold Nolet de Brauwere Van Steeland, Guillaume Nolet de Brauwere Van Steeland, Carl Ivan Nolet de Brauwere, Gilles Nolet de Brauwere van Steeland, Ivan Nolet de Brauwere van Steeland, Etienne Bizot.

Is CINOCO -LE PALAIS DU VIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 July 1955; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did CINOCO -LE PALAIS DU VIN make in 2025?

CINOCO -LE PALAIS DU VIN posted a profit after taxes of € 438,532 in financial year 2025.

What is the revenue of CINOCO -LE PALAIS DU VIN?

In its most recent annual accounts (2025), CINOCO -LE PALAIS DU VIN reported revenue of € 23,723,954.

How much does an employee at CINOCO -LE PALAIS DU VIN earn?

The average wage cost per full-time employee at CINOCO -LE PALAIS DU VIN was € 71,600 in 2025: staff costs of € 2.8 million for 38.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CINOCO -LE PALAIS DU VIN have?

According to the 2025 annual accounts, CINOCO -LE PALAIS DU VIN has 38.6 full-time equivalents (FTE).

CINOCO -LE PALAIS DU VIN (Public Limited) - Nivelles

Dossier CINOCO -LE PALAIS DU VIN, printed on 30 October 2026 from databakkes.be/en/0402850106/cinoco-le-palais-du-vin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CINOCO -LE PALAIS DU VIN from Nivelles, company number BE0402850106, closed financial year 2025 with a result of € 438,532 after tax. For that financial year CINOCO -LE PALAIS DU VIN recorded revenue of € 23.7 million and equity of € 13.9 million. Compared with financial year 2024, the result moved from € 717,568 to € 438,532. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.

What it is worth Growing

€ 13.9 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 438,532

▼ 39% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 487,198

▼ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 252,500 paid out

58 % of the profit went to the shareholders, mostly to HNBS 1691 (65 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

38.6

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.8 million

▼ 1% vs 2024

€ 71,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 344,748

▲ 95% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.8 million

▼ 15% vs 2024

€ 750,088 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 4.6 million

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 79 days on average.

Taxes and wages

€ 1 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 27,198,391 Revenue 2022: € 27,198,391 First fiscal year in the series	€ 25,809,044 Revenue 2023: € 25,809,044 ▼ 5% vs 2022 (€ 27,198,391) Unfavourable step	€ 25,562,020 Revenue 2024: € 25,562,020 ▼ 1% vs 2023 (€ 25,809,044) Unfavourable step	€ 23,723,954 Revenue 2025: € 23,723,954 ▼ 7% vs 2024 (€ 25,562,020) Unfavourable step	▼ 7%
Profit after taxes	€ 1,101,411 Profit after taxes 2022: € 1,101,411 First fiscal year in the series	€ 323,599 Profit after taxes 2023: € 323,599 ▼ 71% vs 2022 (€ 1,101,411) Unfavourable step	€ 717,568 Profit after taxes 2024: € 717,568 ▲ 122% vs 2023 (€ 323,599) Favourable step	€ 438,532 Profit after taxes 2025: € 438,532 ▼ 39% vs 2024 (€ 717,568) Unfavourable step	▼ 39%
Equity	€ 13,999,088 Equity 2022: € 13,999,088 First fiscal year in the series	€ 13,295,532 Equity 2023: € 13,295,532 ▼ 5% vs 2022 (€ 13,999,088) Unfavourable step	€ 13,697,995 Equity 2024: € 13,697,995 ▲ 3% vs 2023 (€ 13,295,532) Favourable step	€ 13,867,970 Equity 2025: € 13,867,970 ▲ 1% vs 2024 (€ 13,697,995) Favourable step	▲ 1%
Total debts	€ 13,068,114 Total debts 2022: € 13,068,114 First fiscal year in the series	€ 16,454,172 Total debts 2023: € 16,454,172 ▲ 26% vs 2022 (€ 13,068,114) Unfavourable step	€ 15,260,494 Total debts 2024: € 15,260,494 ▼ 7% vs 2023 (€ 16,454,172) Favourable step	€ 13,243,029 Total debts 2025: € 13,243,029 ▼ 13% vs 2024 (€ 15,260,494) Favourable step	▼ 13%
Cash	€ 1,109,142 Cash 2022: € 1,109,142 First fiscal year in the series	€ 514,609 Cash 2023: € 514,609 ▼ 54% vs 2022 (€ 1,109,142) Unfavourable step	€ 2,145,053 Cash 2024: € 2,145,053 ▲ € 1.6 million vs 2023 (€ 514,609) Favourable step	€ 487,198 Cash 2025: € 487,198 ▼ 77% vs 2024 (€ 2,145,053) Unfavourable step	▼ 77%
Land & buildings	€ 6,840,618 Land & buildings 2022: € 6,840,618 First fiscal year in the series	€ 6,570,792 Land & buildings 2023: € 6,570,792 ▼ 4% vs 2022 (€ 6,840,618) Unchanged	€ 6,340,382 Land & buildings 2024: € 6,340,382 ▼ 4% vs 2023 (€ 6,570,792) Unchanged	€ 6,104,794 Land & buildings 2025: € 6,104,794 ▼ 4% vs 2024 (€ 6,340,382) Unchanged	▼ 4%
Retained profit	€ 11,696,423 Retained profit 2022: € 11,696,423 First fiscal year in the series	€ 11,010,022 Retained profit 2023: € 11,010,022 ▼ 6% vs 2022 (€ 11,696,423) Unfavourable step	€ 11,429,640 Retained profit 2024: € 11,429,640 ▲ 4% vs 2023 (€ 11,010,022) Favourable step	€ 11,615,672 Retained profit 2025: € 11,615,672 ▲ 2% vs 2024 (€ 11,429,640) Favourable step	▲ 2%
Dividend	€ 727,200 Dividend 2022: € 727,200 First fiscal year in the series	€ 1,010,000 Dividend 2023: € 1,010,000 ▲ 39% vs 2022 (€ 727,200) Unchanged	€ 297,950 Dividend 2024: € 297,950 ▼ 70% vs 2023 (€ 1,010,000) Unchanged	€ 252,500 Dividend 2025: € 252,500 ▼ 15% vs 2024 (€ 297,950) Unchanged	▼ 15%
Bank debt	€ 6,036,521 Bank debt 2022: € 6,036,521 First fiscal year in the series	€ 8,239,762 Bank debt 2023: € 8,239,762 ▲ 36% vs 2022 (€ 6,036,521) Unfavourable step	€ 6,792,929 Bank debt 2024: € 6,792,929 ▼ 18% vs 2023 (€ 8,239,762) Favourable step	€ 5,791,289 Bank debt 2025: € 5,791,289 ▼ 15% vs 2024 (€ 6,792,929) Favourable step	▼ 15%
Balance sheet total	€ 27,998,925 Balance sheet total 2022: € 27,998,925 First fiscal year in the series	€ 30,650,378 Balance sheet total 2023: € 30,650,378 ▲ 9% vs 2022 (€ 27,998,925) Unchanged	€ 29,828,115 Balance sheet total 2024: € 29,828,115 ▼ 3% vs 2023 (€ 30,650,378) Unchanged	€ 27,949,576 Balance sheet total 2025: € 27,949,576 ▼ 6% vs 2024 (€ 29,828,115) Unchanged	▼ 6%
Employees (FTE)	40.6 Employees (FTE) 2022: 40.6 First fiscal year in the series	41 Employees (FTE) 2023: 41 ▲ 0.4 vs 2022 (40.6) Unchanged	39 Employees (FTE) 2024: 39 ▼ 2 vs 2023 (41) Unchanged	38.6 Employees (FTE) 2025: 38.6 ▼ 0.4 vs 2024 (39) Unchanged	▼ 0.4

Key figures of CINOCO -LE PALAIS DU VIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to CINOCO -LE PALAIS DU VIN?

What happened at CINOCO -LE PALAIS DU VIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Natasha Nolet de Brauwere stepped down as director. NBB
2029 Joline Nolet de Brauwere Van Steeland stepped down as director. NBB
2029 Leopold Nolet de Brauwere Van Steeland stepped down as director. NBB
2029 Guillaume Nolet de Brauwere Van Steeland stepped down as director. NBB
2029 Carl Ivan Nolet de Brauwere stepped down as director. NBB
2029 Gilles Nolet de Brauwere van Steeland stepped down as director. NBB
2029 Ivan Nolet de Brauwere van Steeland stepped down as director. NBB
2029 Etienne Bizot stepped down as director. NBB

In short

From € 1.1 million profit in 2022 to € 438,532 profit in 2025.

Paid € 581,462 in corporate taxes since 2022.

Best year ever: 2022, with € 1.1 million profit.

Paid out € 2.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

HNBS 1691 65%

The stake of HNBS 1691 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CINOCO -LE PALAIS DU VIN

Magnus Kwaliteitswijnen 100%

VINOSELECT 100%

F.X. De Beukelaer 98%

INVINEO 4.1%

The shares are held by HNBS 1691 (65%). It owns 100% of Magnus Kwaliteitswijnen, 100% of VINOSELECT, 98% of F.X. De Beukelaer and 4.1% of INVINEO itself.

Directors

According to the 2025 annual accounts

Natasha Nolet de Brauwere

Director

Also active at: 2Build Consulting, NNDB Counsel

since 2023 · until 2029

Joline Nolet de Brauwere Van Steeland

Director

since 2023 · until 2029

Leopold Nolet de Brauwere Van Steeland

Director

Also active at: F.X. DE BEUKELAER – ELIXIR D’ANVERS, MAGNUS KWALITEITSWIJNEN, Blueberry LNB

since 2023 · until 2029

Guillaume Nolet de Brauwere Van Steeland

Director

Also active at: MAGNUS KWALITEITSWIJNEN, OCAMA DYNAMICS

since 2023 · until 2029

Carl Ivan Nolet de Brauwere

Director

Also active at: F.X. DE BEUKELAER – ELIXIR D’ANVERS

since 2023 · until 2029

Gilles Nolet de Brauwere van Steeland

Managing director

Also active at: F.X. DE BEUKELAER – ELIXIR D’ANVERS, HNBS 1691, MAGNUS KWALITEITSWIJNEN, IGNB

since 2023 · until 2029

Ivan Nolet de Brauwere van Steeland

Managing director

Also active at: F.X. DE BEUKELAER – ELIXIR D’ANVERS, MAGNUS KWALITEITSWIJNEN

since 2023 · until 2029

Etienne Bizot

Director

since 2023 · until 2029

Shareholders

HNBS 1691

65%

Participations

Magnus Kwaliteitswijnen

100%

VINOSELECT

100%

F.X. De Beukelaer

98%

INVINEO

4.1%

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Robert Schuman 91

1400 Nivelles

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HNBS 1691 same network

IGNB same network

€ 1,582 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0402.850.106
VAT number: BE 0402.850.106
Registered office: Avenue Robert Schuman 91, 1400 Nivelles
Names & denominations: CINOCO -LE PALAIS DU VIN · CINOCO ou LE PALAIS DU VIN
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 27 July 1955
Peppol: Active · Active since 30 Mar 2026
Activities · NACE: Groothandel in wijnen en geestrijke dranken

View on CBE Public ↗ Annual accounts (NBB) ↗

CINOCO -LE PALAIS DU VIN

Financials

What happened to CINOCO -LE PALAIS DU VIN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions